Harsha Engineers International (NSE:HARSHA) Construction In Progress: ₹185 Mil (As of Mar. 2026)


NSE:HARSHA Harsha Engineers International Ltd NSE:HARSHA
86 GF Score
Price ₹419.70
GF Value ₹496.51
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Harsha Engineers International Construction In Progress?

Harsha Engineers International NSE:HARSHA +2.40% 86 Construction In Progress is ₹185 Mil as of Mar. 2026. GuruFocus rates NSE:HARSHA with a GF Score™ of 86/100 and a GF Value™ of ₹496.51 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Harsha Engineers International's quarterly construction in progress declined from Sep. 2025 (₹1,207 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹185 Mil).

Harsha Engineers International's annual construction in progress increased from Mar. 2024 (₹361 Mil) to Mar. 2025 (₹1,993 Mil) but then declined from Mar. 2025 (₹1,993 Mil) to Mar. 2026 (₹185 Mil).

Harsha Engineers International Construction In Progress Historical Data

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The historical data trend for Harsha Engineers International'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.

Harsha Engineers International Construction In Progress Chart

Harsha Engineers International Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
Get a 7-Day Free Trial 58.80 192.90 360.70 1,993.20 185.20

Harsha Engineers International Quarterly Data
Mar21 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 1,993.20 0.00 1,207.30 0.00 185.20
NSE:HARSHA
86GF Score
Harsha Engineers International Ltd NSE:HARSHA
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Harsha Engineers International 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 ₹185 Mil mean?
Harsha Engineers International (NSE:HARSHA) has a Construction In Progress of ₹185 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Harsha Engineers International and its competitors.
Is Harsha Engineers International's Construction In Progress too high?
Harsha Engineers International's current Construction In Progress is ₹185 Mil. Overall, Harsha Engineers International has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harsha Engineers International's Construction In Progress compare to SNA and RBC?
Harsha Engineers International's Construction In Progress of ₹185 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 Harsha Engineers International and its competitors. Harsha Engineers International's current Construction In Progress is ₹185 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harsha Engineers International stock overvalued right now?
Based on GuruFocus' analysis, Harsha Engineers International (NSE:HARSHA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹496.51, compared to a current price of ₹419.70 — trading 15.5% below its estimated fair value. The current Construction In Progress is ₹185 Mil. Harsha Engineers International's overall GF Score™ is 86/100 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 Harsha Engineers International (NSE:HARSHA), the current Construction In Progress is ₹185 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 Harsha Engineers International (NSE:HARSHA) Overvalued in 2026?

Based on GuruFocus' analysis, Harsha Engineers International stock appears to be undervalued. The current stock price of ₹419.70 is trading 15.5% below its estimated GF Value™ of ₹496.51. GuruFocus considers Harsha Engineers International to be Modestly Undervalued.

Key valuation signals for NSE:HARSHA:

  • Construction In Progress: ₹185 Mil
  • GF Value™: ₹496.51 vs. price of ₹419.70 (15.5% below fair value)
  • GF Score™: 86/100 with 5 warning signs

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

Harsha Engineers International Business Description

Other Exchanges 543600:India
Address NH-8A,Sarkhej-Bavla Highway, Changodar, Ahmedabad, GJ, IND, 382213
Harsha Engineers International Ltd is a manufacturer of precision bearing cages. The company supplies its products to customers covering five continents such as North America, Europe, Asia, South America, and Africa. It comprises two segments: Engineering business, under which the company manufactures bearing cages (in brass, steel, and polyamide materials), complex and specialized precision stamped components, welded assemblies and brass castings and cages & bronze bushings: and Solar EPC business, under which the company provide complete comprehensive turnkey solutions to all solar photovoltaic requirements and provides operations and maintenance services in the solar sector.
86GF Score

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

₹419.70
Price
₹496.51
GF Value