Bharat Dynamics (NSE:BDL) Construction In Progress: ₹1,741 Mil (As of Mar. 2026)


NSE:BDL Bharat Dynamics Ltd NSE:BDL
84 GF Score
Price ₹1,379.00
GF Value ₹1,221.59
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Bharat Dynamics Construction In Progress?

Bharat Dynamics NSE:BDL +0.77% 84 Construction In Progress is ₹1,741 Mil as of Mar. 2026. GuruFocus rates NSE:BDL with a GF Score™ of 84/100 and a GF Value™ of ₹1,221.59 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Bharat Dynamics's quarterly construction in progress declined from Sep. 2025 (₹1,712 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹1,741 Mil).

Bharat Dynamics's annual construction in progress increased from Mar. 2024 (₹800 Mil) to Mar. 2025 (₹1,454 Mil) and increased from Mar. 2025 (₹1,454 Mil) to Mar. 2026 (₹1,741 Mil).

Bharat Dynamics Construction In Progress Historical Data

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The historical data trend for Bharat Dynamics'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.

Bharat Dynamics Construction In Progress Chart

Bharat Dynamics 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 473.35 814.90 800.18 1,454.04 1,741.02

Bharat Dynamics 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 1,454.04 0.00 1,711.71 0.00 1,741.02
NSE:BDL
84GF Score
Bharat Dynamics Ltd NSE:BDL
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Bharat Dynamics 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 ₹1,741 Mil mean?
Bharat Dynamics (NSE:BDL) has a Construction In Progress of ₹1,741 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Bharat Dynamics and its competitors.
Is Bharat Dynamics' Construction In Progress too high?
Bharat Dynamics' current Construction In Progress is ₹1,741 Mil. Overall, Bharat Dynamics has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bharat Dynamics' Construction In Progress compare to SPCX and GE?
Bharat Dynamics' Construction In Progress of ₹1,741 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Construction In Progress depends on the Aerospace & Defense 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 Bharat Dynamics and its competitors. Bharat Dynamics's current Construction In Progress is ₹1,741 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Dynamics stock overvalued right now?
Based on GuruFocus' analysis, Bharat Dynamics (NSE:BDL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,221.59, compared to a current price of ₹1,379.00 — trading 12.9% above its estimated fair value. The current Construction In Progress is ₹1,741 Mil. Bharat Dynamics' overall GF Score™ is 84/100 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 Bharat Dynamics (NSE:BDL), the current Construction In Progress is ₹1,741 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 Bharat Dynamics (NSE:BDL) Overvalued in 2026?

Based on GuruFocus' analysis, Bharat Dynamics stock appears to be overvalued. The current stock price of ₹1,379.00 is trading 12.9% above its estimated GF Value™ of ₹1,221.59. GuruFocus considers Bharat Dynamics to be Modestly Overvalued.

Key valuation signals for NSE:BDL:

  • Construction In Progress: ₹1,741 Mil
  • GF Value™: ₹1,221.59 vs. price of ₹1,379.00 (12.9% above fair value)
  • GF Score™: 84/100 with 9 warning signs

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

Bharat Dynamics Business Description

Other Exchanges 541143:India
Address Plot No. 38-39, Near ICICI towers, TSFC Building, Financial District, Nanakramguda, Hyderabad, TG, IND, 500032
Bharat Dynamics Ltd is engaged in the manufacturing of Missiles and allied Defence equipment. The Company provides the majority of its goods and services to the Indian Armed Forces and the Government of India. Its products comprise Milan-2T ATGM, Helina, Astra Weapon System, FLAME, Anti-Submarine Warfare Suite (ASW SUITE), Astra Weapon Systemothers, and Others.
84GF Score

Get the complete analysis for NSE:BDL

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

₹1,379.00
Price
₹1,221.59
GF Value