Grindwell Norton (NSE:GRINDWELL) Construction In Progress: ₹557 Mil (As of Mar. 2026)


NSE:GRINDWELL Grindwell Norton Ltd NSE:GRINDWELL
97 GF Score
Price ₹2,088.50
GF Value ₹2,413.07
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Grindwell Norton Construction In Progress?

Grindwell Norton NSE:GRINDWELL -3.90% 97 Construction In Progress is ₹557 Mil as of Mar. 2026. GuruFocus rates NSE:GRINDWELL with a GF Score™ of 97/100 and a GF Value™ of ₹2,413.07 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Grindwell Norton's quarterly construction in progress declined from Sep. 2025 (₹510 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹557 Mil).

Grindwell Norton's annual construction in progress declined from Mar. 2024 (₹1,489 Mil) to Mar. 2025 (₹453 Mil) but then increased from Mar. 2025 (₹453 Mil) to Mar. 2026 (₹557 Mil).

Grindwell Norton Construction In Progress Historical Data

* Premium members only.

The historical data trend for Grindwell Norton'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.

Grindwell Norton Construction In Progress Chart

Grindwell Norton 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 662.44 1,235.32 1,489.36 452.57 556.72

Grindwell Norton 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 452.57 0.00 509.66 0.00 556.72
NSE:GRINDWELL
97GF Score
Grindwell Norton Ltd NSE:GRINDWELL
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grindwell Norton 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 ₹557 Mil mean?
Grindwell Norton (NSE:GRINDWELL) has a Construction In Progress of ₹557 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Grindwell Norton and its competitors.
Is Grindwell Norton's Construction In Progress too high?
Grindwell Norton's current Construction In Progress is ₹557 Mil. Overall, Grindwell Norton has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grindwell Norton's Construction In Progress compare to TT and JCI?
Grindwell Norton's Construction In Progress of ₹557 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 Grindwell Norton and its competitors. Grindwell Norton's current Construction In Progress is ₹557 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grindwell Norton stock overvalued right now?
Based on GuruFocus' analysis, Grindwell Norton (NSE:GRINDWELL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,413.07, compared to a current price of ₹2,088.50 — trading 13.5% below its estimated fair value. The current Construction In Progress is ₹557 Mil. Grindwell Norton's overall GF Score™ is 97/100 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 Grindwell Norton (NSE:GRINDWELL), the current Construction In Progress is ₹557 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 Grindwell Norton (NSE:GRINDWELL) Overvalued in 2026?

Based on GuruFocus' analysis, Grindwell Norton stock appears to be undervalued. The current stock price of ₹2,088.50 is trading 13.5% below its estimated GF Value™ of ₹2,413.07. GuruFocus considers Grindwell Norton to be Modestly Undervalued.

Key valuation signals for NSE:GRINDWELL:

  • Construction In Progress: ₹557 Mil
  • GF Value™: ₹2,413.07 vs. price of ₹2,088.50 (13.5% below fair value)
  • GF Score™: 97/100 with 6 warning signs

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

Grindwell Norton Business Description

Other Exchanges 506076:India
Address Andheri-Kurla Road, Leela Business Park, 5th Level, Marol, Andheri (East), Mumbai, MH, IND, 400 059
Grindwell Norton Ltd is a company that produces abrasives and ceramics products. The company's businesses are divided into segments: Abrasives, Ceramics and Plastics, Digital Services and Others. The company manufactures various types of abrasives, which include bonded, coated, non-woven, construction, thin wheels, and super abrasives. Grindwell's Ceramics and Plastics division produces silicon carbide, high-temperature refractories, and fused cast ceramics. The silicon carbide products serve as raw materials that are used to create abrasives, and the company's refractories are structures used for processing both ferrous and non-ferrous metals. The company generates the vast majority of its revenue from Ceramics and Plastics division.
97GF Score

Get the complete analysis for NSE:GRINDWELL

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

₹2,088.50
Price
₹2,413.07
GF Value