JTL Defence (BOM:537254) Construction In Progress: ₹44.0 Mil (As of Mar. 2026)


BOM:537254 JTL Defence Ltd BOM:537254
34 GF Score
Price ₹615.90
GF Value ₹54.23
Valuation Significantly Overvalued
! 9 Warning Signs
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What is JTL Defence Construction In Progress?

JTL Defence BOM:537254 +4.99% 34 Construction In Progress is ₹44.0 Mil as of Mar. 2026. GuruFocus rates BOM:537254 with a GF Score™ of 34/100 and a GF Value™ of ₹54.23 (Significantly Overvalued). The stock has 9 warning signs investors should review.

JTL Defence's quarterly construction in progress increased from Jun. 2025 (₹0.0 Mil) to Sep. 2025 (₹62.7 Mil) but then declined from Sep. 2025 (₹62.7 Mil) to Mar. 2026 (₹44.0 Mil).

JTL Defence's annual construction in progress stayed the same from Mar. 2024 (₹62.7 Mil) to Mar. 2025 (₹62.7 Mil) but then declined from Mar. 2025 (₹62.7 Mil) to Mar. 2026 (₹44.0 Mil).

JTL Defence Construction In Progress Historical Data

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The historical data trend for JTL Defence'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.

JTL Defence Construction In Progress Chart

JTL Defence 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 62.74 62.74 62.74 62.74 44.05

JTL Defence Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.00 62.74 0.00 62.74 44.05
BOM:537254
34GF Score
JTL Defence Ltd BOM:537254
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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JTL Defence 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 ₹44.0 Mil mean?
JTL Defence (BOM:537254) has a Construction In Progress of ₹44.0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on JTL Defence and its competitors.
Is JTL Defence's Construction In Progress too high?
JTL Defence's current Construction In Progress is ₹44.0 Mil. Overall, JTL Defence has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JTL Defence's Construction In Progress compare to SCCO and FCX?
JTL Defence's Construction In Progress of ₹44.0 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Construction In Progress depends on the Metals & Mining 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 JTL Defence and its competitors. JTL Defence's current Construction In Progress is ₹44.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JTL Defence stock overvalued right now?
Based on GuruFocus' analysis, JTL Defence (BOM:537254) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹54.23, compared to a current price of ₹615.90 — trading 1035.7% above its estimated fair value. The current Construction In Progress is ₹44.0 Mil. JTL Defence's overall GF Score™ is 34/100 with 9 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 JTL Defence (BOM:537254), the current Construction In Progress is ₹44.0 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 JTL Defence (BOM:537254) Overvalued in 2026?

Based on GuruFocus' analysis, JTL Defence stock appears to be overvalued. The current stock price of ₹615.90 is trading 1035.7% above its estimated GF Value™ of ₹54.23. GuruFocus considers JTL Defence to be Significantly Overvalued.

Key valuation signals for BOM:537254:

  • Construction In Progress: ₹44.0 Mil
  • GF Value™: ₹54.23 vs. price of ₹615.90 (1035.7% above fair value)
  • GF Score™: 34/100 with 9 warning signs

No single metric tells the full story. See the BOM:537254 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

JTL Defence Business Description

Address Asaf Ali Road, 1/10-B, First Floor, MPL No-VIII / 3428, Munshi Niketan Building, Central Delhi, Delhi, IND, 110002
JTL Defence Ltd, formerly RCI Industries & Technologies Ltd is principally engaged in the manufacturing of copper and copper products. The main objective of the company is to manufacture, import, export, trade, and deal in all types of metal and metal products. Its product range includes Round and Flat Rolled Copper and Copper Alloys, which are used for various electrical and industrial applications in different industries, such as automobile, engineering, defense, construction, electronics, and others. The majority of the company's revenue is derived from the sales of its products in the domestic market.
34GF Score

Get the complete analysis for BOM:537254

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

₹615.90
Price
₹54.23
GF Value