Incredible Industries (BOM:538365) Construction In Progress: ₹353 Mil (As of Mar. 2026)

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BOM:538365 Incredible Industries Ltd BOM:538365
74 GF Score
Price ₹33.51
GF Value ₹45.52
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Incredible Industries Construction In Progress?

Incredible Industries BOM:538365 -3.96% 74 Construction In Progress is ₹353 Mil as of Mar. 2026. GuruFocus rates BOM:538365 with a GF Score™ of 74/100 and a GF Value™ of ₹45.52 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Incredible Industries's quarterly construction in progress declined from Sep. 2025 (₹127 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹353 Mil).

Incredible Industries's annual construction in progress increased from Mar. 2024 (₹62 Mil) to Mar. 2025 (₹177 Mil) and increased from Mar. 2025 (₹177 Mil) to Mar. 2026 (₹353 Mil).

Incredible Industries Construction In Progress Historical Data

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The historical data trend for Incredible 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.

Incredible Industries Construction In Progress Chart

Incredible 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 0.00 1.64 61.99 176.81 353.39

Incredible 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 176.81 0.00 127.08 0.00 353.39
BOM:538365
74GF Score
Incredible Industries Ltd BOM:538365
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Incredible 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 ₹353 Mil mean?
Incredible Industries (BOM:538365) has a Construction In Progress of ₹353 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Incredible Industries and its competitors.
Is Incredible Industries' Construction In Progress too high?
Incredible Industries' current Construction In Progress is ₹353 Mil. Overall, Incredible Industries has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Incredible Industries' Construction In Progress compare to NUE and STLD?
Incredible Industries' Construction In Progress of ₹353 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 Incredible Industries and its competitors. Incredible Industries's current Construction In Progress is ₹353 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Incredible Industries stock overvalued right now?
Based on GuruFocus' analysis, Incredible Industries (BOM:538365) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹45.52, compared to a current price of ₹33.51 — trading 26.4% below its estimated fair value. The current Construction In Progress is ₹353 Mil. Incredible Industries' overall GF Score™ is 74/100 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 Incredible Industries (BOM:538365), the current Construction In Progress is ₹353 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 Incredible Industries (BOM:538365) Overvalued in 2026?

Based on GuruFocus' analysis, Incredible Industries stock appears to be undervalued. The current stock price of ₹33.51 is trading 26.4% below its estimated GF Value™ of ₹45.52. GuruFocus considers Incredible Industries to be Modestly Undervalued.

Key valuation signals for BOM:538365:

  • Construction In Progress: ₹353 Mil
  • GF Value™: ₹45.52 vs. price of ₹33.51 (26.4% below fair value)
  • GF Score™: 74/100 with 2 warning signs

No single metric tells the full story. See the BOM:538365 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Incredible Industries Business Description

Other Exchanges INCREDIBLE:India
Address 2/1A, Sarat Bose Road, Lansdowne Towers, Kolkata, WB, IND, 700020
Incredible Industries Ltd is engaged in the manufacturing and sale of iron and steel-related rolled products. It is engaged in the production of wire rods, H.B wire rods, and thermomechanically treated(TMT) bars which are mainly used in the construction and infrastructure as well as in the manufacturing units. The firm operates through the iron and steel products segment.
74GF Score

Get the complete analysis for BOM:538365

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

₹33.51
Price
₹45.52
GF Value