KCL Infra Projects (BOM:531784) Net Current Asset Value: ₹0.61 (As of Mar. 2026) — 15% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:531784 KCL Infra Projects Ltd BOM:531784
49 GF Score
Price ₹1.15
GF Value ₹12.09
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is KCL Infra Projects Net Current Asset Value?

KCL Infra Projects BOM:531784 49 Net Current Asset Value is ₹0.61 as of Mar. 2026, which is 100% below its 10-year median of 0.72. GuruFocus rates BOM:531784 with a GF Score™ of 49/100 and a GF Value™ of ₹12.09 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,066 Construction companies, KCL Infra Projects ranks better than 69.61% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

KCL Infra Projects's net current asset value per share for the quarter that ended in Mar. 2026 was ₹0.61.

The historical rank and industry rank for KCL Infra Projects's Net Current Asset Value or its related term are showing as below:

BOM:531784' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.59   Med: 0.72   Max: 2.43
Current: 1.89

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of KCL Infra Projects was 2.43. The lowest was 0.59. And the median was 0.72.

BOM:531784's Price-to-Net-Current-Asset-Value is ranked better than
69.61% of 1066 companies
in the Construction industry
Industry Median: 3.19 vs BOM:531784: 1.89

KCL Infra Projects  (BOM:531784) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


KCL Infra Projects Net Current Asset Value Related Terms


KCL Infra Projects Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for KCL Infra Projects's Net Current Asset Value 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.

KCL Infra Projects Net Current Asset Value Chart

KCL Infra Projects Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.51 0.67 2.49 1.09 0.61

KCL Infra Projects Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Current Asset Value 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 1.09 0.00 0.62 0.00 0.61

BOM:531784 vs PWR, FIX, EME: Net Current Asset Value Comparison

For the Engineering & Construction subindustry, KCL Infra Projects's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


KCL Infra Projects Price-to-Net-Current-Asset-Value vs Construction Industry

For the Construction industry and Industrials sector, KCL Infra Projects's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where KCL Infra Projects's Price-to-Net-Current-Asset-Value falls into.


BOM:531784
49GF Score
KCL Infra Projects Ltd BOM:531784
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KCL Infra Projects Net Current Asset Value Calculation

KCL Infra Projects's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(A: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(613.566-510.419-0-0)/168.912
=0.61

KCL Infra Projects's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(613.566-510.419-0-0)/168.912
=0.61

* 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.

What does a Net Current Asset Value of ₹0.61 mean?
KCL Infra Projects (BOM:531784) has a Net Current Asset Value of ₹0.61 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on KCL Infra Projects and its competitors. This is 15% below median its historical median of 0.72. Over the past decade, KCL Infra Projects' Net Current Asset Value has ranged from 0.59 to 2.43. According to the industry distribution chart, KCL Infra Projects ranks #324 out of 1066 companies in the Construction industry, placing it in the top 30.4%.
Is KCL Infra Projects' Net Current Asset Value too high?
KCL Infra Projects' current Net Current Asset Value of ₹0.61 is 15% below median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 2.43. Based on the distribution chart, KCL Infra Projects ranks #324 out of 1066 companies in the Construction industry, which is above the industry midpoint. Overall, KCL Infra Projects has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does KCL Infra Projects' Net Current Asset Value compare to PWR and FIX?
According to the Construction industry distribution chart, KCL Infra Projects ranks #324 out of 1066 companies for Net Current Asset Value. This puts KCL Infra Projects in the upper half of its industry. The industry median Net Current Asset Value is 3.19. Historically, KCL Infra Projects' own Net Current Asset Value has ranged from 0.59 to 2.43 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Construction company?
The median Net Current Asset Value among Construction companies is 3.19, based on 1,066 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value 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 Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on KCL Infra Projects and its competitors. For the Construction industry, the median Net Current Asset Value is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KCL Infra Projects's current Net Current Asset Value is ₹0.61, which is 15% below median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KCL Infra Projects stock overvalued right now?
Based on GuruFocus' analysis, KCL Infra Projects (BOM:531784) is currently considered Possible Value Trap. The stock's GF Value™ is ₹12.09, compared to a current price of ₹1.15 — trading 90.5% below its estimated fair value. The current Net Current Asset Value is ₹0.61, which is 15% below median its 10-year median of 0.72. KCL Infra Projects' overall GF Score™ is 49/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For KCL Infra Projects (BOM:531784), the current Net Current Asset Value is ₹0.61 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 KCL Infra Projects (BOM:531784) Overvalued in 2026?

Based on GuruFocus' analysis, KCL Infra Projects stock appears to be undervalued. The current stock price of ₹1.15 is trading 90.5% below its estimated GF Value™ of ₹12.09. GuruFocus considers KCL Infra Projects to be Possible Value Trap.

Key valuation signals for BOM:531784:

  • Net Current Asset Value: ₹0.61 (15% below median its 10-year median of 0.72)
  • GF Value™: ₹12.09 vs. price of ₹1.15 (90.5% below fair value)
  • GF Score™: 49/100 with 3 warning signs

No single metric tells the full story. See the BOM:531784 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KCL Infra Projects Business Description

Address A.B. Road, KCL Business Park, 3rd Floor, Plot No. 46-47, PU4 Behind C21 Mall, Indore, MP, IND, 452010
KCL Infra Projects Ltd is engaged in the business of construction and infrastructure activities. In addition to that company is also engaged in providing advisory services. The company's projects include mechanized multilevel car parking systems and all infrastructure works, such as civil engineering, road construction, and high-rise buildings for both commercial and residential usage.
49GF Score

Get the complete analysis for BOM:531784

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1.15
Price
₹12.09
GF Value