Dredging of India (NSE:DREDGECORP) Construction In Progress: ₹8,945 Mil (As of Mar. 2026)


NSE:DREDGECORP Dredging Corp of India Ltd NSE:DREDGECORP
67 GF Score
Price ₹1,077.50
GF Value ₹871.04
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Dredging of India Construction In Progress?

Dredging of India NSE:DREDGECORP -2.47% 67 Construction In Progress is ₹8,945 Mil as of Mar. 2026. GuruFocus rates NSE:DREDGECORP with a GF Score™ of 67/100 and a GF Value™ of ₹871.04 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Dredging of India's quarterly construction in progress increased from Sep. 2025 (₹7,285 Mil) to Dec. 2025 (₹7,594 Mil) and increased from Dec. 2025 (₹7,594 Mil) to Mar. 2026 (₹8,945 Mil).

Dredging of India's annual construction in progress increased from Mar. 2024 (₹3,443 Mil) to Mar. 2025 (₹5,835 Mil) and increased from Mar. 2025 (₹5,835 Mil) to Mar. 2026 (₹8,945 Mil).

Dredging of India Construction In Progress Historical Data

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The historical data trend for Dredging of India'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.

Dredging of India Construction In Progress Chart

Dredging of India 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 294.00 1,201.65 3,443.02 5,835.09 8,944.68

Dredging of India 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 5,835.09 0.00 7,284.61 7,593.50 8,944.68
NSE:DREDGECORP
67GF Score
Dredging Corp of India Ltd NSE:DREDGECORP
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Dredging of India 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 ₹8,945 Mil mean?
Dredging of India (NSE:DREDGECORP) has a Construction In Progress of ₹8,945 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Dredging of India and its competitors.
Is Dredging of India's Construction In Progress too high?
Dredging of India's current Construction In Progress is ₹8,945 Mil. Overall, Dredging of India has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dredging of India's Construction In Progress compare to PWR and FIX?
Dredging of India's Construction In Progress of ₹8,945 Mil can be compared against companies in the Construction 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 Construction company?
A good Construction In Progress depends on the Construction 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 Dredging of India and its competitors. Dredging of India's current Construction In Progress is ₹8,945 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dredging of India stock overvalued right now?
Based on GuruFocus' analysis, Dredging of India (NSE:DREDGECORP) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹871.04, compared to a current price of ₹1,077.50 — trading 23.7% above its estimated fair value. The current Construction In Progress is ₹8,945 Mil. Dredging of India's overall GF Score™ is 67/100 with 6 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 Dredging of India (NSE:DREDGECORP), the current Construction In Progress is ₹8,945 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 Dredging of India (NSE:DREDGECORP) Overvalued in 2026?

Based on GuruFocus' analysis, Dredging of India stock appears to be overvalued. The current stock price of ₹1,077.50 is trading 23.7% above its estimated GF Value™ of ₹871.04. GuruFocus considers Dredging of India to be Modestly Overvalued.

Key valuation signals for NSE:DREDGECORP:

  • Construction In Progress: ₹8,945 Mil
  • GF Value™: ₹871.04 vs. price of ₹1,077.50 (23.7% above fair value)
  • GF Score™: 67/100 with 6 warning signs

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

Dredging of India Business Description

Other Exchanges 523618:India
Address HB Colony Main Road, Dredge House, Seethammadhara, Visakhapatnam, AP, IND, 530022
Dredging Corp of India Ltd provides integrated dredging and related marine services for ports, maritime trade, beach nourishment, reclamation, and inland dredging majorly across India. The company operates a fleet of dredgers to deepen and maintain sea coasts, river sides, canals, and ports, supporting expanding port operations driven by government initiatives such as the Sagarmala Programme. It also pursues business opportunities in overseas markets including the Middle East, Southeast Asia, and South Asia. Revenue is generated through contracts with majority ports and maritime organizations, as well as emerging industrial and infrastructure projects requiring dredging services.
67GF Score

Get the complete analysis for NSE:DREDGECORP

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

₹1,077.50
Price
₹871.04
GF Value