Airan (NSE:AIRAN) Construction In Progress: ₹18 Mil (As of Mar. 2026)


NSE:AIRAN Airan Ltd NSE:AIRAN
86 GF Score
Price ₹15.71
GF Value ₹28.01
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Airan Construction In Progress?

Airan NSE:AIRAN -1.57% 86 Construction In Progress is ₹18 Mil as of Mar. 2026. GuruFocus rates NSE:AIRAN with a GF Score™ of 86/100 and a GF Value™ of ₹28.01 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Airan's quarterly construction in progress declined from Sep. 2025 (₹18 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹18 Mil).

Airan's annual construction in progress increased from Mar. 2024 (₹17 Mil) to Mar. 2025 (₹19 Mil) but then declined from Mar. 2025 (₹19 Mil) to Mar. 2026 (₹18 Mil).

Airan Construction In Progress Historical Data

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The historical data trend for Airan'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.

Airan Construction In Progress Chart

Airan 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 3.52 16.89 19.29 18.14

Airan 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 19.29 0.00 18.14 0.00 18.14
NSE:AIRAN
86GF Score
Airan Ltd NSE:AIRAN
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Airan 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 ₹18 Mil mean?
Airan (NSE:AIRAN) has a Construction In Progress of ₹18 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Airan and its competitors.
Is Airan's Construction In Progress too high?
Airan's current Construction In Progress is ₹18 Mil. Overall, Airan has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Airan's Construction In Progress compare to IBM and ACN?
Airan's Construction In Progress of ₹18 Mil can be compared against companies in the Software 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 Software company?
A good Construction In Progress depends on the Software 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 Airan and its competitors. Airan's current Construction In Progress is ₹18 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airan stock overvalued right now?
Based on GuruFocus' analysis, Airan (NSE:AIRAN) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹28.01, compared to a current price of ₹15.71 — trading 43.9% below its estimated fair value. The current Construction In Progress is ₹18 Mil. Airan's overall GF Score™ is 86/100 with 3 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 Airan (NSE:AIRAN), the current Construction In Progress is ₹18 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 Airan (NSE:AIRAN) Overvalued in 2026?

Based on GuruFocus' analysis, Airan stock appears to be undervalued. The current stock price of ₹15.71 is trading 43.9% below its estimated GF Value™ of ₹28.01. GuruFocus considers Airan to be Significantly Undervalued.

Key valuation signals for NSE:AIRAN:

  • Construction In Progress: ₹18 Mil
  • GF Value™: ₹28.01 vs. price of ₹15.71 (43.9% below fair value)
  • GF Score™: 86/100 with 3 warning signs

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

Airan Business Description

Other Exchanges 543811:India
Address C. G. Road, 408, Kirtiman Complex, Behind Rembrandt Building, Ahmedabad, GJ, IND, 380006
Airan Ltd is an Indian company is engaged in the Banking Transactions Processing Services, Payment Banks, IT and IT Enabled Services and Document Management Services. It operates only in India as well as outside India, of which it derives maximum revenue from India.
86GF Score

Get the complete analysis for NSE:AIRAN

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

₹15.71
Price
₹28.01
GF Value