Steel Strips Wheels (NSE:SSWL) Construction In Progress: ₹1,545 Mil (As of Mar. 2026)


NSE:SSWL Steel Strips Wheels Ltd NSE:SSWL
87 GF Score
Price ₹229.51
GF Value ₹257.77
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Steel Strips Wheels Construction In Progress?

Steel Strips Wheels NSE:SSWL -0.16% 87 Construction In Progress is ₹1,545 Mil as of Mar. 2026. GuruFocus rates NSE:SSWL with a GF Score™ of 87/100 and a GF Value™ of ₹257.77 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Steel Strips Wheels's quarterly construction in progress declined from Sep. 2025 (₹4,057 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹1,545 Mil).

Steel Strips Wheels's annual construction in progress declined from Mar. 2024 (₹4,340 Mil) to Mar. 2025 (₹3,155 Mil) and declined from Mar. 2025 (₹3,155 Mil) to Mar. 2026 (₹1,545 Mil).

Steel Strips Wheels Construction In Progress Historical Data

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The historical data trend for Steel Strips Wheels'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.

Steel Strips Wheels Construction In Progress Chart

Steel Strips Wheels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,057.50 2,164.30 4,340.43 3,154.91 1,544.77

Steel Strips Wheels Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 Premium Member Only Premium Member Only Premium Member Only 3,154.91 0.00 4,056.82 0.00 1,544.77
NSE:SSWL
87GF Score
Steel Strips Wheels Ltd NSE:SSWL
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Steel Strips Wheels 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 ₹1,545 Mil mean?
Steel Strips Wheels (NSE:SSWL) has a Construction In Progress of ₹1,545 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Steel Strips Wheels and its competitors.
Is Steel Strips Wheels' Construction In Progress too high?
Steel Strips Wheels' current Construction In Progress is ₹1,545 Mil. Overall, Steel Strips Wheels has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Steel Strips Wheels' Construction In Progress compare to ORLY and AZO?
Steel Strips Wheels' Construction In Progress of ₹1,545 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Construction In Progress depends on the Vehicles & Parts 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 Steel Strips Wheels and its competitors. Steel Strips Wheels's current Construction In Progress is ₹1,545 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Strips Wheels stock overvalued right now?
Based on GuruFocus' analysis, Steel Strips Wheels (NSE:SSWL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹257.77, compared to a current price of ₹229.51 — trading 11% below its estimated fair value. The current Construction In Progress is ₹1,545 Mil. Steel Strips Wheels' overall GF Score™ is 87/100 with 5 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 Steel Strips Wheels (NSE:SSWL), the current Construction In Progress is ₹1,545 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 Steel Strips Wheels (NSE:SSWL) Overvalued in 2026?

Based on GuruFocus' analysis, Steel Strips Wheels stock appears to be undervalued. The current stock price of ₹229.51 is trading 11% below its estimated GF Value™ of ₹257.77. GuruFocus considers Steel Strips Wheels to be Modestly Undervalued.

Key valuation signals for NSE:SSWL:

  • Construction In Progress: ₹1,545 Mil
  • GF Value™: ₹257.77 vs. price of ₹229.51 (11% below fair value)
  • GF Score™: 87/100 with 5 warning signs

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

Steel Strips Wheels Business Description

Other Exchanges 513262:India
Address Madhya Marg, SCO 49-50, Sector 26, Chandigarh, IND, 160 019
Steel Strips Wheels Ltd is an India-based automotive steel wheel manufacturing company. It is engaged in the designing and manufacturing business of Steel wheel rims and Alloy wheel rims catering to different segments of the automobile industry. The company operates in India and has a presence in international markets as well. The group generates the majority of its revenue from India.
87GF Score

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

₹229.51
Price
₹257.77
GF Value