Jai Balaji Industries (BOM:532976) Construction In Progress: ₹2,945 Mil (As of Mar. 2026)


BOM:532976 Jai Balaji Industries Ltd BOM:532976
68 GF Score
Price ₹70.32
GF Value ₹118.20
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Jai Balaji Industries Construction In Progress?

Jai Balaji Industries BOM:532976 +3.75% 68 Construction In Progress is ₹2,945 Mil as of Mar. 2026. GuruFocus rates BOM:532976 with a GF Score™ of 68/100 and a GF Value™ of ₹118.20 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Jai Balaji Industries's quarterly construction in progress declined from Sep. 2025 (₹1,906 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹2,945 Mil).

Jai Balaji Industries's annual construction in progress increased from Mar. 2024 (₹1,459 Mil) to Mar. 2025 (₹1,668 Mil) and increased from Mar. 2025 (₹1,668 Mil) to Mar. 2026 (₹2,945 Mil).

Jai Balaji Industries Construction In Progress Historical Data

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The historical data trend for Jai Balaji Industries'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.

Jai Balaji Industries Construction In Progress Chart

Jai Balaji Industries 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 522.50 688.34 1,458.50 1,668.10 2,944.70

Jai Balaji Industries 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 1,668.10 0.00 1,906.30 0.00 2,944.70
BOM:532976
68GF Score
Jai Balaji Industries Ltd BOM:532976
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Jai Balaji Industries 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 ₹2,945 Mil mean?
Jai Balaji Industries (BOM:532976) has a Construction In Progress of ₹2,945 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Jai Balaji Industries and its competitors.
Is Jai Balaji Industries' Construction In Progress too high?
Jai Balaji Industries' current Construction In Progress is ₹2,945 Mil. Overall, Jai Balaji Industries has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jai Balaji Industries' Construction In Progress compare to NUE and STLD?
Jai Balaji Industries' Construction In Progress of ₹2,945 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 Construction In Progress for a Steel company?
A good Construction In Progress depends on the Steel 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 Jai Balaji Industries and its competitors. Jai Balaji Industries's current Construction In Progress is ₹2,945 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jai Balaji Industries stock overvalued right now?
Based on GuruFocus' analysis, Jai Balaji Industries (BOM:532976) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹118.20, compared to a current price of ₹70.32 — trading 40.5% below its estimated fair value. The current Construction In Progress is ₹2,945 Mil. Jai Balaji Industries' overall GF Score™ is 68/100 with 2 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 Jai Balaji Industries (BOM:532976), the current Construction In Progress is ₹2,945 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 Jai Balaji Industries (BOM:532976) Overvalued in 2026?

Based on GuruFocus' analysis, Jai Balaji Industries stock appears to be undervalued. The current stock price of ₹70.32 is trading 40.5% below its estimated GF Value™ of ₹118.20. GuruFocus considers Jai Balaji Industries to be Significantly Undervalued.

Key valuation signals for BOM:532976:

  • Construction In Progress: ₹2,945 Mil
  • GF Value™: ₹118.20 vs. price of ₹70.32 (40.5% below fair value)
  • GF Score™: 68/100 with 2 warning signs

No single metric tells the full story. See the BOM:532976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Jai Balaji Industries Business Description

Other Exchanges JAIBALAJI:India
Address 5, Bentinck Street, 1st Floor, Kolkata, WB, IND, 700 001
Jai Balaji Industries Ltd is an India-based iron and steel manufacturing company. It manufactures Sponge Iron, Pig Iron, Ductile Iron Pipe, Ferro Chrome, Billet, TMT, Coke, and Sinter. The company is engaged in a single reportable segment of Iron and Steel. Geographically, it has a business presence in India and also exports it to other countries, of which key revenue is derived from India.
68GF Score

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

₹70.32
Price
₹118.20
GF Value