Magna Electro Castings (BOM:517449) Construction In Progress: ₹48 Mil (As of Mar. 2026)


BOM:517449 Magna Electro Castings Ltd BOM:517449
82 GF Score
Price ₹1,212.70
GF Value ₹961.01
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Magna Electro Castings Construction In Progress?

Magna Electro Castings BOM:517449 +4.93% 82 Construction In Progress is ₹48 Mil as of Mar. 2026. GuruFocus rates BOM:517449 with a GF Score™ of 82/100 and a GF Value™ of ₹961.01 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Magna Electro Castings's quarterly construction in progress declined from Sep. 2025 (₹13 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹48 Mil).

Magna Electro Castings's annual construction in progress increased from Mar. 2024 (₹82 Mil) to Mar. 2025 (₹421 Mil) but then declined from Mar. 2025 (₹421 Mil) to Mar. 2026 (₹48 Mil).

Magna Electro Castings Construction In Progress Historical Data

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The historical data trend for Magna Electro Castings'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.

Magna Electro Castings Construction In Progress Chart

Magna Electro Castings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.47 11.39 82.15 421.00 47.57

Magna Electro Castings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 421.00 0.00 13.34 0.00 47.57
BOM:517449
82GF Score
Magna Electro Castings Ltd BOM:517449
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Magna Electro Castings 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 ₹48 Mil mean?
Magna Electro Castings (BOM:517449) has a Construction In Progress of ₹48 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Magna Electro Castings and its competitors.
Is Magna Electro Castings' Construction In Progress too high?
Magna Electro Castings' current Construction In Progress is ₹48 Mil. Overall, Magna Electro Castings has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magna Electro Castings' Construction In Progress compare to CRS and ATI?
Magna Electro Castings' Construction In Progress of ₹48 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Construction In Progress depends on the Industrial Products 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 Magna Electro Castings and its competitors. Magna Electro Castings's current Construction In Progress is ₹48 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magna Electro Castings stock overvalued right now?
Based on GuruFocus' analysis, Magna Electro Castings (BOM:517449) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹961.01, compared to a current price of ₹1,212.70 — trading 26.2% above its estimated fair value. The current Construction In Progress is ₹48 Mil. Magna Electro Castings' overall GF Score™ is 82/100 with 4 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 Magna Electro Castings (BOM:517449), the current Construction In Progress is ₹48 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 Magna Electro Castings (BOM:517449) Overvalued in 2026?

Based on GuruFocus' analysis, Magna Electro Castings stock appears to be overvalued. The current stock price of ₹1,212.70 is trading 26.2% above its estimated GF Value™ of ₹961.01. GuruFocus considers Magna Electro Castings to be Modestly Overvalued.

Key valuation signals for BOM:517449:

  • Construction In Progress: ₹48 Mil
  • GF Value™: ₹961.01 vs. price of ₹1,212.70 (26.2% above fair value)
  • GF Score™: 82/100 with 4 warning signs

No single metric tells the full story. See the BOM:517449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Magna Electro Castings Business Description

Address 43, Balasundaram Road, Coimbatore, TN, IND, 641018
Magna Electro Castings Ltd is engaged in manufacturing and supplying ferrous components in small and medium volumes. The company specializes in the manufacture of Ductile Iron and Gray Iron castings including Grey Iron, SG (spheroidal graphite) iron, and other iron alloy castings-machined and unmachined steel components. The company also produces fully machined components. The company has the following divisions; the Foundry division; the Wind Energy Generation division; and the Solar Energy division. The company earns the majority of its revenue from the Foundry division.
82GF Score

Get the complete analysis for BOM:517449

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

₹1,212.70
Price
₹961.01
GF Value