Viaz Tyres (NSE:VIAZ) Construction In Progress: ₹116.3 Mil (As of Mar. 2026)


NSE:VIAZ Viaz Tyres Ltd NSE:VIAZ
83 GF Score
Price ₹61.70
GF Value ₹119.62
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Viaz Tyres Construction In Progress?

Viaz Tyres NSE:VIAZ 83 Construction In Progress is ₹116.3 Mil as of Mar. 2026. GuruFocus rates NSE:VIAZ with a GF Score™ of 83/100 and a GF Value™ of ₹119.62 (Possible Value Trap). The stock has 6 warning signs investors should review.

Viaz Tyres's quarterly construction in progress declined from Mar. 2024 (₹9.9 Mil) to Mar. 2025 (₹0.0 Mil) but then increased from Mar. 2025 (₹0.0 Mil) to Mar. 2026 (₹116.3 Mil).

Viaz Tyres's annual construction in progress declined from Mar. 2024 (₹9.9 Mil) to Mar. 2025 (₹0.0 Mil) but then increased from Mar. 2025 (₹0.0 Mil) to Mar. 2026 (₹116.3 Mil).

Viaz Tyres Construction In Progress Historical Data

* Premium members only.

The historical data trend for Viaz Tyres'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.

Viaz Tyres Construction In Progress Chart

Viaz Tyres Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
Get a 7-Day Free Trial 0.00 54.68 9.91 0.00 116.33

Viaz Tyres Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Mar24 Mar25 Mar26
Construction In Progress Get a 7-Day Free Trial 0.00 54.68 9.91 0.00 116.33
NSE:VIAZ
83GF Score
Viaz Tyres Ltd NSE:VIAZ
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viaz Tyres 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 ₹116.3 Mil mean?
Viaz Tyres (NSE:VIAZ) has a Construction In Progress of ₹116.3 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Viaz Tyres and its competitors.
Is Viaz Tyres' Construction In Progress too high?
Viaz Tyres' current Construction In Progress is ₹116.3 Mil. Overall, Viaz Tyres has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Viaz Tyres' Construction In Progress compare to ORLY and AZO?
Viaz Tyres' Construction In Progress of ₹116.3 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 Viaz Tyres and its competitors. Viaz Tyres's current Construction In Progress is ₹116.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viaz Tyres stock overvalued right now?
Based on GuruFocus' analysis, Viaz Tyres (NSE:VIAZ) is currently considered Possible Value Trap. The stock's GF Value™ is ₹119.62, compared to a current price of ₹61.70 — trading 48.4% below its estimated fair value. The current Construction In Progress is ₹116.3 Mil. Viaz Tyres' overall GF Score™ is 83/100 with 6 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 Viaz Tyres (NSE:VIAZ), the current Construction In Progress is ₹116.3 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 Viaz Tyres (NSE:VIAZ) Overvalued in 2026?

Based on GuruFocus' analysis, Viaz Tyres stock appears to be undervalued. The current stock price of ₹61.70 is trading 48.4% below its estimated GF Value™ of ₹119.62. GuruFocus considers Viaz Tyres to be Possible Value Trap.

Key valuation signals for NSE:VIAZ:

  • Construction In Progress: ₹116.3 Mil
  • GF Value™: ₹119.62 vs. price of ₹61.70 (48.4% below fair value)
  • GF Score™: 83/100 with 6 warning signs

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

Viaz Tyres Business Description

Address Sal Hospital Road, 915/916, Maple Trade, Near Surdhara Circle, Thaltej, Ahmedabad, GJ, IND, 380059
Viaz Tyres Ltd is engaged in the manufacturing of rubber tubes for bicycles, two and three-wheelers, passenger vehicles, and heavy-load industrial vehicles. Its product portfolio comprises bicycle tyres, bicycle butyl moulded tubes, scooter and moped tubes, passenger car tubes, farm vehicle tubes, lubricants, grease, tubless tyre kits, and multipurpose air pumps, among others. The company operates in a single business segment, which comprises the manufacturing and selling of Tubes and Tyres. Its geographical segment is considered based on sales within India and outside India.
83GF Score

Get the complete analysis for NSE:VIAZ

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

₹61.70
Price
₹119.62
GF Value