Bharat Forge (NSE:BHARATFORG) Construction In Progress: ₹12,513 Mil (As of Mar. 2026)


NSE:BHARATFORG Bharat Forge Ltd NSE:BHARATFORG
83 GF Score
Price ₹2,136.70
GF Value ₹1,458.28
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Bharat Forge Construction In Progress?

Bharat Forge NSE:BHARATFORG -0.57% 83 Construction In Progress is ₹12,513 Mil as of Mar. 2026. GuruFocus rates NSE:BHARATFORG with a GF Score™ of 83/100 and a GF Value™ of ₹1,458.28 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Bharat Forge's quarterly construction in progress declined from Sep. 2025 (₹18,804 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹12,513 Mil).

Bharat Forge's annual construction in progress increased from Mar. 2024 (₹17,011 Mil) to Mar. 2025 (₹19,392 Mil) but then declined from Mar. 2025 (₹19,392 Mil) to Mar. 2026 (₹12,513 Mil).

Bharat Forge Construction In Progress Historical Data

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The historical data trend for Bharat Forge'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 Forge Construction In Progress Chart

Bharat Forge 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 14,018.25 11,280.23 17,010.55 19,392.02 12,513.26

Bharat Forge 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 19,392.02 0.00 18,804.25 0.00 12,513.26
NSE:BHARATFORG
83GF Score
Bharat Forge Ltd NSE:BHARATFORG
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Bharat Forge 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 ₹12,513 Mil mean?
Bharat Forge (NSE:BHARATFORG) has a Construction In Progress of ₹12,513 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Bharat Forge and its competitors.
Is Bharat Forge's Construction In Progress too high?
Bharat Forge's current Construction In Progress is ₹12,513 Mil. Overall, Bharat Forge has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bharat Forge's Construction In Progress compare to ORLY and AZO?
Bharat Forge's Construction In Progress of ₹12,513 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Construction In Progress depends on the Vehicles & Parts 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 Forge and its competitors. Bharat Forge's current Construction In Progress is ₹12,513 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Forge stock overvalued right now?
Based on GuruFocus' analysis, Bharat Forge (NSE:BHARATFORG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,458.28, compared to a current price of ₹2,136.70 — trading 46.5% above its estimated fair value. The current Construction In Progress is ₹12,513 Mil. Bharat Forge's overall GF Score™ is 83/100 with 7 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 Forge (NSE:BHARATFORG), the current Construction In Progress is ₹12,513 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 Forge (NSE:BHARATFORG) Overvalued in 2026?

Based on GuruFocus' analysis, Bharat Forge stock appears to be overvalued. The current stock price of ₹2,136.70 is trading 46.5% above its estimated GF Value™ of ₹1,458.28. GuruFocus considers Bharat Forge to be Significantly Overvalued.

Key valuation signals for NSE:BHARATFORG:

  • Construction In Progress: ₹12,513 Mil
  • GF Value™: ₹1,458.28 vs. price of ₹2,136.70 (46.5% above fair value)
  • GF Score™: 83/100 with 7 warning signs

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

Bharat Forge Business Description

Other Exchanges 500493:India
Address Mundhwa, Pune Cantonment, Pune, MH, IND, 411036
Bharat Forge Ltd is an Indian multinational engaged in metal forging across different industries. The company has the following business units: automotive, power, oil and gas, construction and mining, rail, marine and aerospace. The automotive unit offers products including powertrain components, machines crankshafts, connecting rods, and piston. The Power business unit manufactures components for thermal, wind, hydro and nuclear applications. The Company divides its business into three reporting segments: "Forgings", "Defense", and "Others". The Forgings segment focuses on manufacturing forged components, while the Defense segment centers around defense-related activities. The "Others" segment encompasses all other businesses not covered by Forgings and Defense.
83GF Score

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

₹2,136.70
Price
₹1,458.28
GF Value