Alpex Solar (NSE:ALPEXSOLAR) Construction In Progress: ₹1,749 Mil (As of Mar. 2026)


NSE:ALPEXSOLAR Alpex Solar Ltd NSE:ALPEXSOLAR
55 GF Score
Price ₹866.85
! 2 Warning Signs
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What is Alpex Solar Construction In Progress?

Alpex Solar NSE:ALPEXSOLAR -2.26% 55 Construction In Progress is ₹1,749 Mil as of Mar. 2026. GuruFocus rates NSE:ALPEXSOLAR with a GF Score™ of 55/100. The stock has 2 warning signs investors should review.

Alpex Solar's quarterly construction in progress declined from Sep. 2025 (₹815 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹1,749 Mil).

Alpex Solar's annual construction in progress increased from Mar. 2024 (₹0 Mil) to Mar. 2025 (₹228 Mil) and increased from Mar. 2025 (₹228 Mil) to Mar. 2026 (₹1,749 Mil).

Alpex Solar Construction In Progress Historical Data

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The historical data trend for Alpex Solar'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.

Alpex Solar Construction In Progress Chart

Alpex Solar Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
Get a 7-Day Free Trial 19.99 44.50 0.12 228.12 1,749.26

Alpex Solar Quarterly Data
Mar21 Mar22 Mar23 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 228.12 0.00 814.70 0.00 1,749.26
NSE:ALPEXSOLAR
55GF Score
Alpex Solar Ltd NSE:ALPEXSOLAR
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpex Solar 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 ₹1,749 Mil mean?
Alpex Solar (NSE:ALPEXSOLAR) has a Construction In Progress of ₹1,749 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Alpex Solar and its competitors.
Is Alpex Solar's Construction In Progress too high?
Alpex Solar's current Construction In Progress is ₹1,749 Mil. Overall, Alpex Solar has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Alpex Solar's Construction In Progress compare to FSLR and NXT?
Alpex Solar's Construction In Progress of ₹1,749 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Construction In Progress depends on the Semiconductors 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 Alpex Solar and its competitors. Alpex Solar's current Construction In Progress is ₹1,749 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpex Solar stock overvalued right now?
Alpex Solar (NSE:ALPEXSOLAR) has a current Construction In Progress of ₹1,749 Mil. The current Construction In Progress is ₹1,749 Mil. Alpex Solar's overall GF Score™ is 55/100 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 Alpex Solar (NSE:ALPEXSOLAR), the current Construction In Progress is ₹1,749 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.

Alpex Solar Business Description

Address Plot No. I-25-26, Site 5, Surajpur Industrial Area, Gautam Buddha Nagar, Kasna, Greater Noida, UP, IND, 201306
Alpex Solar Ltd is a solar photovoltaic (PV) module manufacturer in India. Its PV modules are manufactured using both monocrystalline and polycrystalline cell technologies. The company portfolio of solar energy products consists of bifacial, mono PERC, Halfcut solar PV modules, and also provides integrated solar energy solutions, including engineering, procurement, construction (EPC) of AC/DC Solar Pumps in both Surface and Submersible categories. Geographically, the company generates the majority of its revenue from India.
55GF Score

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

₹866.85
Price