Finolex Cables (NSE:FINCABLES) Construction In Progress: ₹1,052 Mil (As of Mar. 2026)


NSE:FINCABLES Finolex Cables Ltd NSE:FINCABLES
97 GF Score
Price ₹1,100.10
GF Value ₹1,279.23
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Finolex Cables Construction In Progress?

Finolex Cables NSE:FINCABLES -2.63% 97 Construction In Progress is ₹1,052 Mil as of Mar. 2026. GuruFocus rates NSE:FINCABLES with a GF Score™ of 97/100 and a GF Value™ of ₹1,279.23 (Modestly Undervalued). The stock has 9 warning signs investors should review.

Finolex Cables's quarterly construction in progress declined from Sep. 2025 (₹3,029 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹1,052 Mil).

Finolex Cables's annual construction in progress increased from Mar. 2024 (₹1,985 Mil) to Mar. 2025 (₹2,525 Mil) but then declined from Mar. 2025 (₹2,525 Mil) to Mar. 2026 (₹1,052 Mil).

Finolex Cables Construction In Progress Historical Data

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The historical data trend for Finolex Cables'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.

Finolex Cables Construction In Progress Chart

Finolex Cables 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 873.00 257.80 1,985.40 2,524.50 1,052.00

Finolex Cables 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 2,524.50 0.00 3,028.60 0.00 1,052.00
NSE:FINCABLES
97GF Score
Finolex Cables Ltd NSE:FINCABLES
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Finolex Cables 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 ₹1,052 Mil mean?
Finolex Cables (NSE:FINCABLES) has a Construction In Progress of ₹1,052 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Finolex Cables and its competitors.
Is Finolex Cables' Construction In Progress too high?
Finolex Cables' current Construction In Progress is ₹1,052 Mil. Overall, Finolex Cables has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Finolex Cables' Construction In Progress compare to VRT and BE?
Finolex Cables' Construction In Progress of ₹1,052 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 Finolex Cables and its competitors. Finolex Cables's current Construction In Progress is ₹1,052 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finolex Cables stock overvalued right now?
Based on GuruFocus' analysis, Finolex Cables (NSE:FINCABLES) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,279.23, compared to a current price of ₹1,100.10 — trading 14% below its estimated fair value. The current Construction In Progress is ₹1,052 Mil. Finolex Cables' overall GF Score™ is 97/100 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 Finolex Cables (NSE:FINCABLES), the current Construction In Progress is ₹1,052 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 Finolex Cables (NSE:FINCABLES) Overvalued in 2026?

Based on GuruFocus' analysis, Finolex Cables stock appears to be undervalued. The current stock price of ₹1,100.10 is trading 14% below its estimated GF Value™ of ₹1,279.23. GuruFocus considers Finolex Cables to be Modestly Undervalued.

Key valuation signals for NSE:FINCABLES:

  • Construction In Progress: ₹1,052 Mil
  • GF Value™: ₹1,279.23 vs. price of ₹1,100.10 (14% below fair value)
  • GF Score™: 97/100 with 9 warning signs

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

Finolex Cables Business Description

Other Exchanges 500144:India
Address 26-27 Mumbai-Pune Road, Pimpri, Pune, MH, IND, 411018
Finolex Cables Ltd is an electronic components company. The operating segments of the group are Electrical cables, Communication cables, Copper rods, and Others - Trading of Electrical and other goods. It derives a majority of its revenue from the Electrical cables segment. The group offers products like wires and cables, optical fibre cables, switches, LED lightings, fans, MCBs, water heaters, and other products. Geographically, the company caters to both the Indian and the international markets of which, a majority of its revenue is derived from its business in India.
97GF Score

Get the complete analysis for NSE:FINCABLES

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

₹1,100.10
Price
₹1,279.23
GF Value