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Srinibas Pradhan ConstructionsNSE:SPCON 20 Net-Net Working Capital is ₹6.04 as of Mar. 2026. GuruFocus rates NSE:SPCON with a GF Score™ of 20/100. The stock has 5 warning signs investors should review. Among 486 Construction companies, Srinibas Pradhan Constructions ranks worse than 84.36% on this metric.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.
The industry rank for Srinibas Pradhan Constructions's Net-Net Working Capital or its related term are showing as below:
NSE:SPCON's Price-to-Net-Net-Working-Capital is ranked worse than 84.36% of 486
companies
in the Construction industry
Industry Median: 6.22
vs NSE:SPCON: 22.35
Srinibas Pradhan Constructions (NSE:SPCON) Net-Net Working Capital Explanation
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 value. They are collected under our Net-Net screener.
Srinibas Pradhan Constructions Net-Net Working Capital Related Terms
Srinibas Pradhan Constructions Net-Net Working Capital Historical Data
* 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-Net Working Capital Chart
Srinibas Pradhan Constructions Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Net-Net Working Capital
-0.41
-7.40
-15.30
6.04
Srinibas Pradhan Constructions Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Mar26
Net-Net Working Capital
-0.41
-7.40
-15.30
-8.51
6.04
Srinibas Pradhan Constructions Net-Net Working Capital Competitor Comparison
For the Infrastructure Operations subindustry, Srinibas Pradhan Constructions's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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-Net-Working-Capital vs Construction Industry
For the Construction industry and Industrials sector, Srinibas Pradhan Constructions's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Srinibas Pradhan Constructions's Price-to-Net-Net-Working-Capital falls into.
* 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.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.
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.
This is a conservative way of estimating the company's value.
What does a Net-Net Working Capital of ₹6.04 mean?
Srinibas Pradhan Constructions (NSE:SPCON) has a Net-Net Working Capital of ₹6.04 as of Mar. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Srinibas Pradhan Constructions According to the industry distribution chart, Srinibas Pradhan Constructions ranks #410 out of 486 companies in the Construction industry, placing it in the top 84.4%.
Is Srinibas Pradhan Constructions' Net-Net Working Capital too high?
Srinibas Pradhan Constructions' current Net-Net Working Capital is ₹6.04. Based on the distribution chart, Srinibas Pradhan Constructions ranks #410 out of 486 companies in the Construction industry, which is in the bottom quartile relative to peers. 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-Net Working Capital compare to competitors?
According to the Construction industry distribution chart, Srinibas Pradhan Constructions ranks #410 out of 486 companies for Net-Net Working Capital. This places Srinibas Pradhan Constructions in the lower half of its industry. The industry median Net-Net Working Capital is 6.22. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Construction company?
The median Net-Net Working Capital among Construction companies is 6.22, based on 486 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital 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-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Srinibas Pradhan Constructions For the Construction industry, the median Net-Net Working Capital is 6.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Srinibas Pradhan Constructions's current Net-Net Working Capital is ₹6.04. 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-Net Working Capital of ₹6.04. The current Net-Net Working Capital is ₹6.04. 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-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Srinibas Pradhan Constructions (NSE:SPCON), the current Net-Net Working Capital is ₹6.04 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
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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