Elecon Engineering Co (NSE:ELECON) Construction In Progress: ₹231 Mil (As of Mar. 2026)


NSE:ELECON Elecon Engineering Co Ltd NSE:ELECON
95 GF Score
Price ₹522.20
GF Value ₹644.83
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Elecon Engineering Co Construction In Progress?

Elecon Engineering Co NSE:ELECON -1.63% 95 Construction In Progress is ₹231 Mil as of Mar. 2026. GuruFocus rates NSE:ELECON with a GF Score™ of 95/100 and a GF Value™ of ₹644.83 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Elecon Engineering Co's quarterly construction in progress declined from Sep. 2025 (₹260 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹231 Mil).

Elecon Engineering Co's annual construction in progress increased from Mar. 2024 (₹9 Mil) to Mar. 2025 (₹67 Mil) and increased from Mar. 2025 (₹67 Mil) to Mar. 2026 (₹231 Mil).

Elecon Engineering Co Construction In Progress Historical Data

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The historical data trend for Elecon Engineering Co'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.

Elecon Engineering Co Construction In Progress Chart

Elecon Engineering Co 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 5.12 1.20 9.10 67.00 231.10

Elecon Engineering Co 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 67.00 0.00 259.50 0.00 231.10
NSE:ELECON
95GF Score
Elecon Engineering Co Ltd NSE:ELECON
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Elecon Engineering Co 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 ₹231 Mil mean?
Elecon Engineering Co (NSE:ELECON) has a Construction In Progress of ₹231 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Elecon Engineering Co and its competitors.
Is Elecon Engineering Co's Construction In Progress too high?
Elecon Engineering Co's current Construction In Progress is ₹231 Mil. Overall, Elecon Engineering Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elecon Engineering Co's Construction In Progress compare to GEV and ETN?
Elecon Engineering Co's Construction In Progress of ₹231 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Construction In Progress depends on the Industrial Products 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 Elecon Engineering Co and its competitors. Elecon Engineering Co's current Construction In Progress is ₹231 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elecon Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Elecon Engineering Co (NSE:ELECON) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹644.83, compared to a current price of ₹522.20 — trading 19% below its estimated fair value. The current Construction In Progress is ₹231 Mil. Elecon Engineering Co's overall GF Score™ is 95/100 with 5 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 Elecon Engineering Co (NSE:ELECON), the current Construction In Progress is ₹231 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 Elecon Engineering Co (NSE:ELECON) Overvalued in 2026?

Based on GuruFocus' analysis, Elecon Engineering Co stock appears to be undervalued. The current stock price of ₹522.20 is trading 19% below its estimated GF Value™ of ₹644.83. GuruFocus considers Elecon Engineering Co to be Modestly Undervalued.

Key valuation signals for NSE:ELECON:

  • Construction In Progress: ₹231 Mil
  • GF Value™: ₹644.83 vs. price of ₹522.20 (19% below fair value)
  • GF Score™: 95/100 with 5 warning signs

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

Elecon Engineering Co Business Description

Other Exchanges 505700:India
Address Anand-Sojitra Road, Vallabh Vidyanagar, GJ, IND, 388120
Elecon Engineering Co Ltd is an India-based company engaged in the manufacturing of material handling equipment and industrial gears. It operates through two segments, namely, the Material Handling Equipment segment, which engages in the manufacturing of raw material handling systems, stackers, reclaimers, bagging and weighing machines, wagon and truck loaders, crushers, wagon tipplers, feeders, and port equipment; and Transmission Equipment segment, which manufactures material transmission equipment like gearboxes, couplings, and elevator traction machines. It generates maximum revenue from transmission equipment sales. The group has a business presence in India and Outside India.
95GF Score

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

₹522.20
Price
₹644.83
GF Value