Srinibas Pradhan Constructions (NSE:SPCON) Net Current Asset Value: ₹35.72 (As of Mar. 2026) — 1071% Above Median

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NSE:SPCON Srinibas Pradhan Constructions Ltd NSE:SPCON
20 GF Score
Price ₹135.00
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What is Srinibas Pradhan Constructions Net Current Asset Value?

Srinibas Pradhan Constructions NSE:SPCON 20 Net Current Asset Value is ₹35.72 as of Mar. 2026, which is 100% below its 10-year median of 3.05. GuruFocus rates NSE:SPCON with a GF Score™ of 20/100. The stock has 5 warning signs investors should review. Among 1,058 Construction companies, Srinibas Pradhan Constructions ranks worse than 55.95% 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).

Srinibas Pradhan Constructions's net current asset value per share for the quarter that ended in Mar. 2026 was ₹35.72.

The historical rank and industry rank for Srinibas Pradhan Constructions's Net Current Asset Value or its related term are showing as below:

NSE:SPCON' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.05   Med: 3.05   Max: 3.91
Current: 3.78

During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Srinibas Pradhan Constructions was 3.91. The lowest was 3.05. And the median was 3.05.

NSE:SPCON's Price-to-Net-Current-Asset-Value is ranked worse than
55.95% of 1058 companies
in the Construction industry
Industry Median: 3.2 vs NSE:SPCON: 3.78

Srinibas Pradhan Constructions  (NSE:SPCON) 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.


Srinibas Pradhan Constructions Net Current Asset Value Related Terms


Srinibas Pradhan Constructions Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Srinibas Pradhan Constructions'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.

Srinibas Pradhan Constructions Net Current Asset Value Chart

Srinibas Pradhan Constructions Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
1.67 1.31 4.07 35.72

Srinibas Pradhan Constructions Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Net Current Asset Value 1.67 1.31 4.07 13.08 35.72

Srinibas Pradhan Constructions Net Current Asset Value Competitor Comparison

For the Infrastructure Operations subindustry, Srinibas Pradhan Constructions'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.


Srinibas Pradhan Constructions Price-to-Net-Current-Asset-Value vs Construction Industry

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

* The bar in red indicates where Srinibas Pradhan Constructions's Price-to-Net-Current-Asset-Value falls into.


NSE:SPCON
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Srinibas Pradhan Constructions Ltd NSE:SPCON
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Srinibas Pradhan Constructions Net Current Asset Value Calculation

Srinibas Pradhan Constructions'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)
=(673.588-392.801-0-0)/7.861
=35.72

Srinibas Pradhan Constructions'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)
=(673.588-392.801-0-0)/7.861
=35.72

* 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 ₹35.72 mean?
Srinibas Pradhan Constructions (NSE:SPCON) has a Net Current Asset Value of ₹35.72 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 Srinibas Pradhan Constructions and its competitors. This is 1071% above median its historical median of 3.05. Over the past decade, Srinibas Pradhan Constructions' Net Current Asset Value has ranged from 3.05 to 3.91. According to the industry distribution chart, Srinibas Pradhan Constructions ranks #592 out of 1058 companies in the Construction industry, placing it in the top 56%.
Is Srinibas Pradhan Constructions' Net Current Asset Value too high?
Srinibas Pradhan Constructions' current Net Current Asset Value of ₹35.72 is 1071% above median its 10-year median of 3.05. Over the past 10 years, this metric has ranged from a low of 3.05 to a high of 3.91. Based on the distribution chart, Srinibas Pradhan Constructions ranks #592 out of 1058 companies in the Construction industry, which is below the industry midpoint. Overall, Srinibas Pradhan Constructions has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Srinibas Pradhan Constructions' Net Current Asset Value compare to competitors?
According to the Construction industry distribution chart, Srinibas Pradhan Constructions ranks #592 out of 1058 companies for Net Current Asset Value. This places Srinibas Pradhan Constructions in the lower half of its industry. The industry median Net Current Asset Value is 3.20. Historically, Srinibas Pradhan Constructions' own Net Current Asset Value has ranged from 3.05 to 3.91 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 3.20, based on 1,058 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 Srinibas Pradhan Constructions and its competitors. For the Construction industry, the median Net Current Asset Value is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Srinibas Pradhan Constructions's current Net Current Asset Value is ₹35.72, which is 1071% above median its own 10-year median of 3.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Srinibas Pradhan Constructions stock overvalued right now?
Srinibas Pradhan Constructions (NSE:SPCON) has a current Net Current Asset Value of ₹35.72. The current Net Current Asset Value is ₹35.72, which is 1071% above median its 10-year median of 3.05. Srinibas Pradhan Constructions' overall GF Score™ is 20/100 with 5 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 Srinibas Pradhan Constructions (NSE:SPCON), the current Net Current Asset Value is ₹35.72 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.

Srinibas Pradhan Constructions Business Description

Address Plot No. 813, Khata No. 106/548, Brajraj Nagar, Chhualiberna, Jharsuguda, Belpahar Rs, Jharsuguda, Belpahar, OR, IND, 768217
Srinibas Pradhan Constructions Ltd is engaged in infrastructure development across various domains, with a primary focus on Roads and Highways, including Rural, District, and Urban roads. In addition to roads, it focuses on the construction of Bridges and Steel Structures, both for bridges and sheds. Its offerings include Infrastructure development, Civil construction services, Customised offerings, Water conservation solutions, Maintenance and post construction services, and Industrial handling. The majority of the company's revenue is derived from the provision of Construction work services.
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