Surani Steel Tubes (NSE:SURANI) Inventories, Work In Process: ₹0.0 Mil (As of Mar. 2026)


NSE:SURANI Surani Steel Tubes Ltd NSE:SURANI
59 GF Score
Price ₹107.75
GF Value ₹71.04
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Surani Steel Tubes Inventories, Work In Process?

Surani Steel Tubes NSE:SURANI +8.45% 59 Inventories, Work In Process is ₹0.0 Mil as of Mar. 2026. GuruFocus rates NSE:SURANI with a GF Score™ of 59/100 and a GF Value™ of ₹71.04 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Surani Steel Tubes's work in process for the quarter that ended in Mar. 2026 was ₹0.0 Mil.


Surani Steel Tubes Inventories, Work In Process Historical Data

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The historical data trend for Surani Steel Tubes's Inventories, Work In Process 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.

Surani Steel Tubes Inventories, Work In Process Chart

Surani Steel Tubes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventories, Work In Process
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Surani Steel Tubes Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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NSE:SURANI
59GF Score
Surani Steel Tubes Ltd NSE:SURANI
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
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Surani Steel Tubes Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

What does a Inventories, Work In Process of ₹0.0 Mil mean?
Surani Steel Tubes (NSE:SURANI) has a Inventories, Work In Process of ₹0.0 Mil as of Mar. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Surani Steel Tubes and its competitors.
Is Surani Steel Tubes' Inventories, Work In Process too high?
Surani Steel Tubes' current Inventories, Work In Process is ₹0.0 Mil. Overall, Surani Steel Tubes has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Surani Steel Tubes' Inventories, Work In Process compare to NUE and STLD?
Surani Steel Tubes' Inventories, Work In Process of ₹0.0 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 Inventories, Work In Process for a Steel company?
A good Inventories, Work In Process depends on the Steel industry context. However, Inventories, Work In Process 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 Inventories, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Surani Steel Tubes and its competitors. Surani Steel Tubes's current Inventories, Work In Process is ₹0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surani Steel Tubes stock overvalued right now?
Based on GuruFocus' analysis, Surani Steel Tubes (NSE:SURANI) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹71.04, compared to a current price of ₹107.75 — trading 51.7% above its estimated fair value. The current Inventories, Work In Process is ₹0.0 Mil. Surani Steel Tubes' overall GF Score™ is 59/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For Surani Steel Tubes (NSE:SURANI), the current Inventories, Work In Process is ₹0.0 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 Surani Steel Tubes (NSE:SURANI) Overvalued in 2026?

Based on GuruFocus' analysis, Surani Steel Tubes stock appears to be overvalued. The current stock price of ₹107.75 is trading 51.7% above its estimated GF Value™ of ₹71.04. GuruFocus considers Surani Steel Tubes to be Significantly Overvalued.

Key valuation signals for NSE:SURANI:

  • Inventories, Work In Process: ₹0.0 Mil
  • GF Value™: ₹71.04 vs. price of ₹107.75 (51.7% above fair value)
  • GF Score™: 59/100 with 4 warning signs

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


Surani Steel Tubes Business Description

Address Bayad Road, Sr. No. 110, 115, Opposite Vinayak TMT, Village Sampa, Taluka Dahegam, Gandhinagar, GJ, IND, 382315
Surani Steel Tubes Ltd is engaged in manufacturing and supplying ERW pipes and steel tubes. The company operates a single segment named manufacturing ERW MS PIPES and trading of MS PIPE. The company's products include ERW Round Pipes and Tubes, Square and Rectangle Hollow Sections, MS Slit Coils and Strips, Hot Roll Coils, and others. Geographically, it operates only in India.
59GF Score

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

₹107.75
Price
₹71.04
GF Value