GHCL (NSE:GHCL) Construction In Progress: ₹4,615 Mil (As of Mar. 2026)


NSE:GHCL GHCL Ltd NSE:GHCL
77 GF Score
Price ₹437.45
GF Value ₹535.45
Valuation Modestly Undervalued
! 1 Warning Sign
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What is GHCL Construction In Progress?

GHCL NSE:GHCL +0.21% 77 Construction In Progress is ₹4,615 Mil as of Mar. 2026. GuruFocus rates NSE:GHCL with a GF Score™ of 77/100 and a GF Value™ of ₹535.45 (Modestly Undervalued). The stock has 1 warning sign investors should review.

GHCL's quarterly construction in progress declined from Sep. 2025 (₹3,705 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹4,615 Mil).

GHCL's annual construction in progress increased from Mar. 2024 (₹751 Mil) to Mar. 2025 (₹3,009 Mil) and increased from Mar. 2025 (₹3,009 Mil) to Mar. 2026 (₹4,615 Mil).

GHCL Construction In Progress Historical Data

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The historical data trend for GHCL'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.

GHCL Construction In Progress Chart

GHCL 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 2,977.90 1,704.60 751.40 3,008.90 4,615.30

GHCL 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 3,008.90 0.00 3,704.90 0.00 4,615.30
NSE:GHCL
77GF Score
GHCL Ltd NSE:GHCL
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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GHCL 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 ₹4,615 Mil mean?
GHCL (NSE:GHCL) has a Construction In Progress of ₹4,615 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on GHCL and its competitors.
Is GHCL's Construction In Progress too high?
GHCL's current Construction In Progress is ₹4,615 Mil. Overall, GHCL has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GHCL's Construction In Progress compare to DOW?
GHCL's Construction In Progress of ₹4,615 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Construction In Progress depends on the Chemicals 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 GHCL and its competitors. GHCL's current Construction In Progress is ₹4,615 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GHCL stock overvalued right now?
Based on GuruFocus' analysis, GHCL (NSE:GHCL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹535.45, compared to a current price of ₹437.45 — trading 18.3% below its estimated fair value. The current Construction In Progress is ₹4,615 Mil. GHCL's overall GF Score™ is 77/100 with 1 warning sign 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 GHCL (NSE:GHCL), the current Construction In Progress is ₹4,615 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 GHCL (NSE:GHCL) Overvalued in 2026?

Based on GuruFocus' analysis, GHCL stock appears to be undervalued. The current stock price of ₹437.45 is trading 18.3% below its estimated GF Value™ of ₹535.45. GuruFocus considers GHCL to be Modestly Undervalued.

Key valuation signals for NSE:GHCL:

  • Construction In Progress: ₹4,615 Mil
  • GF Value™: ₹535.45 vs. price of ₹437.45 (18.3% below fair value)
  • GF Score™: 77/100 with 1 warning sign

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

GHCL Business Description

Other Exchanges 500171:India
Address Institutional Area, Sector - 1, B-38, GHCL House, Noida, IND, 201301
GHCL Ltd is engaged in the business of Manufacturing & trading of Inorganic Chemicals (mainly manufacture and sale of Soda Ash). The Company's operations pertain to one segment i.e. Inorganic Chemicals. The company has presence in India, and Outside India. The company has presence in India. The company predominantly utilises seawater for its operations, thereby minimising dependence on freshwater resources and avoiding any impact on local community water availability.
77GF Score

Get the complete analysis for NSE:GHCL

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

₹437.45
Price
₹535.45
GF Value