Rhetan TMT (NSE:RHETAN) Construction In Progress: ₹57.3 Mil (As of Mar. 2026)


NSE:RHETAN Rhetan TMT Ltd NSE:RHETAN
51 GF Score
Price ₹26.68
GF Value ₹7.63
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Rhetan TMT Construction In Progress?

Rhetan TMT NSE:RHETAN -0.19% 51 Construction In Progress is ₹57.3 Mil as of Mar. 2026. GuruFocus rates NSE:RHETAN with a GF Score™ of 51/100 and a GF Value™ of ₹7.63 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Rhetan TMT's quarterly construction in progress declined from Sep. 2025 (₹17.6 Mil) to Dec. 2025 (₹0.0 Mil) but then increased from Dec. 2025 (₹0.0 Mil) to Mar. 2026 (₹57.3 Mil).

Rhetan TMT's annual construction in progress increased from Mar. 2024 (₹0.0 Mil) to Mar. 2025 (₹15.0 Mil) and increased from Mar. 2025 (₹15.0 Mil) to Mar. 2026 (₹57.3 Mil).

Rhetan TMT Construction In Progress Historical Data

* Premium members only.

The historical data trend for Rhetan TMT's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Rhetan TMT Construction In Progress Chart

Rhetan TMT Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
Get a 7-Day Free Trial 0.00 0.00 0.00 15.00 57.30

Rhetan TMT Quarterly Data
Mar20 Mar21 Mar22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.00 0.00 17.62 0.00 57.30
NSE:RHETAN
51GF Score
Rhetan TMT Ltd NSE:RHETAN
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rhetan TMT Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of ₹57.3 Mil mean?
Rhetan TMT (NSE:RHETAN) has a Construction In Progress of ₹57.3 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Rhetan TMT and its competitors.
Is Rhetan TMT's Construction In Progress too high?
Rhetan TMT's current Construction In Progress is ₹57.3 Mil. Overall, Rhetan TMT has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rhetan TMT's Construction In Progress compare to NUE and STLD?
Rhetan TMT's Construction In Progress of ₹57.3 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Steel company?
A good Construction In Progress depends on the Steel industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Rhetan TMT and its competitors. Rhetan TMT's current Construction In Progress is ₹57.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rhetan TMT stock overvalued right now?
Based on GuruFocus' analysis, Rhetan TMT (NSE:RHETAN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹7.63, compared to a current price of ₹26.68 — trading 249.7% above its estimated fair value. The current Construction In Progress is ₹57.3 Mil. Rhetan TMT's overall GF Score™ is 51/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Rhetan TMT (NSE:RHETAN), the current Construction In Progress is ₹57.3 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Rhetan TMT (NSE:RHETAN) Overvalued in 2026?

Based on GuruFocus' analysis, Rhetan TMT stock appears to be overvalued. The current stock price of ₹26.68 is trading 249.7% above its estimated GF Value™ of ₹7.63. GuruFocus considers Rhetan TMT to be Significantly Overvalued.

Key valuation signals for NSE:RHETAN:

  • Construction In Progress: ₹57.3 Mil
  • GF Value™: ₹7.63 vs. price of ₹26.68 (249.7% above fair value)
  • GF Score™: 51/100 with 4 warning signs

No single metric tells the full story. See the NSE:RHETAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Rhetan TMT Business Description

Other Exchanges 543590:India
Address Rasala Marg, Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Mithakhali, Ahmedabad, GJ, IND, 380006
Rhetan TMT Ltd manufactures TMT Bars and Round Bars which are used in the construction industry. The products are used in the construction of dams, bridges, residential and commercial towers, and the majority of infrastructure projects in Gujarat.
51GF Score

Get the complete analysis for NSE:RHETAN

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹26.68
Price
₹7.63
GF Value