Vibhor Steel Tubes (NSE:VSTL) Construction In Progress: ₹199 Mil (As of Mar. 2026)


NSE:VSTL Vibhor Steel Tubes Ltd NSE:VSTL
32 GF Score
Price ₹116.37
! 3 Warning Signs
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What is Vibhor Steel Tubes Construction In Progress?

Vibhor Steel Tubes NSE:VSTL -0.44% 32 Construction In Progress is ₹199 Mil as of Mar. 2026. GuruFocus rates NSE:VSTL with a GF Score™ of 32/100. The stock has 3 warning signs investors should review.

Vibhor Steel Tubes's quarterly construction in progress declined from Sep. 2025 (₹450 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹199 Mil).

Vibhor Steel Tubes's annual construction in progress increased from Mar. 2024 (₹302 Mil) to Mar. 2025 (₹765 Mil) but then declined from Mar. 2025 (₹765 Mil) to Mar. 2026 (₹199 Mil).


Vibhor Steel Tubes Construction In Progress Historical Data

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The historical data trend for Vibhor Steel Tubes'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.

Vibhor Steel Tubes Construction In Progress Chart

Vibhor Steel Tubes Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
Get a 7-Day Free Trial 14.19 71.33 301.64 765.25 199.28

Vibhor Steel Tubes Quarterly Data
Mar21 Mar22 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 765.25 0.00 450.28 0.00 199.28
NSE:VSTL
32GF Score
Vibhor Steel Tubes Ltd NSE:VSTL
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Vibhor Steel Tubes 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 ₹199 Mil mean?
Vibhor Steel Tubes (NSE:VSTL) has a Construction In Progress of ₹199 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Vibhor Steel Tubes and its competitors.
Is Vibhor Steel Tubes' Construction In Progress too high?
Vibhor Steel Tubes' current Construction In Progress is ₹199 Mil. Overall, Vibhor Steel Tubes has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Vibhor Steel Tubes' Construction In Progress compare to NUE and STLD?
Vibhor Steel Tubes' Construction In Progress of ₹199 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 Vibhor Steel Tubes and its competitors. Vibhor Steel Tubes's current Construction In Progress is ₹199 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vibhor Steel Tubes stock overvalued right now?
Vibhor Steel Tubes (NSE:VSTL) has a current Construction In Progress of ₹199 Mil. The current Construction In Progress is ₹199 Mil. Vibhor Steel Tubes' overall GF Score™ is 32/100 with 3 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 Vibhor Steel Tubes (NSE:VSTL), the current Construction In Progress is ₹199 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.

Vibhor Steel Tubes Business Description

Other Exchanges 544124:India
Address Delhi Road, Plot No. 2, Industrial Development Colony, Hisar, HR, IND, 125005
Vibhor Steel Tubes Ltd is a manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, Cold rolled Steel (CR) Strips/ Coils. Steel pipes and tubes are used pipes for frames and shafts, steel pipes for bicycle frames, steel pipes for furniture, CDW pipes for shockers, steel pipes for various structural purposes, steel pipes for various engineering purposes, and others.
32GF Score

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

₹116.37
Price