Hindustan Aeronautics (NSE:HAL) Construction In Progress: ₹10,257 Mil (As of Mar. 2026)


NSE:HAL Hindustan Aeronautics Ltd NSE:HAL
94 GF Score
Price ₹4,342.80
GF Value ₹4,699.69
Valuation Fairly Valued
! 3 Warning Signs
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What is Hindustan Aeronautics Construction In Progress?

Hindustan Aeronautics NSE:HAL -0.59% 94 Construction In Progress is ₹10,257 Mil as of Mar. 2026. GuruFocus rates NSE:HAL with a GF Score™ of 94/100 and a GF Value™ of ₹4,699.69 (Fairly Valued). The stock has 3 warning signs investors should review.

Hindustan Aeronautics's quarterly construction in progress declined from Sep. 2025 (₹11,124 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹10,257 Mil).

Hindustan Aeronautics's annual construction in progress increased from Mar. 2024 (₹11,795 Mil) to Mar. 2025 (₹13,530 Mil) but then declined from Mar. 2025 (₹13,530 Mil) to Mar. 2026 (₹10,257 Mil).

Hindustan Aeronautics Construction In Progress Historical Data

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The historical data trend for Hindustan Aeronautics'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.

Hindustan Aeronautics Construction In Progress Chart

Hindustan Aeronautics 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 11,711.00 8,120.20 11,795.40 13,529.70 10,256.50

Hindustan Aeronautics 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 13,529.70 0.00 11,123.70 0.00 10,256.50
NSE:HAL
94GF Score
Hindustan Aeronautics Ltd NSE:HAL
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Hindustan Aeronautics 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 ₹10,257 Mil mean?
Hindustan Aeronautics (NSE:HAL) has a Construction In Progress of ₹10,257 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Hindustan Aeronautics and its competitors.
Is Hindustan Aeronautics' Construction In Progress too high?
Hindustan Aeronautics' current Construction In Progress is ₹10,257 Mil. Overall, Hindustan Aeronautics has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Aeronautics' Construction In Progress compare to SPCX and GE?
Hindustan Aeronautics' Construction In Progress of ₹10,257 Mil can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Construction In Progress depends on the Aerospace & Defense 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 Hindustan Aeronautics and its competitors. Hindustan Aeronautics's current Construction In Progress is ₹10,257 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Aeronautics stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Aeronautics (NSE:HAL) is currently considered Fairly Valued. The stock's GF Value™ is ₹4,699.69, compared to a current price of ₹4,342.80 — trading 7.6% below its estimated fair value. The current Construction In Progress is ₹10,257 Mil. Hindustan Aeronautics' overall GF Score™ is 94/100 with 3 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 Hindustan Aeronautics (NSE:HAL), the current Construction In Progress is ₹10,257 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 Hindustan Aeronautics (NSE:HAL) Overvalued in 2026?

Based on GuruFocus' analysis, Hindustan Aeronautics stock appears to be undervalued. The current stock price of ₹4,342.80 is trading 7.6% below its estimated GF Value™ of ₹4,699.69. GuruFocus considers Hindustan Aeronautics to be Fairly Valued.

Key valuation signals for NSE:HAL:

  • Construction In Progress: ₹10,257 Mil
  • GF Value™: ₹4,699.69 vs. price of ₹4,342.80 (7.6% below fair value)
  • GF Score™: 94/100 with 3 warning signs

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

Hindustan Aeronautics Business Description

Other Exchanges 541154:India
Address No. 15/1 Cubbon Road, Bengaluru, KA, IND, 560001
Hindustan Aeronautics Ltd operates in the aerospace and defense sector. The company is engaged in the design, manufacturing, and development of products like aircraft, helicopters, systems and accessories, power plants, avionics, materials like castings, rolled rings, rubber products, and aerospace which include structures, tanks, and cryogenic engines. Geographically the company derives revenue from India and other countries, of which a majority of revenue is generated from India.
94GF Score

Get the complete analysis for NSE:HAL

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

₹4,342.80
Price
₹4,699.69
GF Value