Igarashi Motors India (NSE:IGARASHI) Construction In Progress: ₹501 Mil (As of Mar. 2026)


NSE:IGARASHI Igarashi Motors India Ltd NSE:IGARASHI
75 GF Score
Price ₹459.30
GF Value ₹643.01
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Igarashi Motors India Construction In Progress?

Igarashi Motors India NSE:IGARASHI +0.09% 75 Construction In Progress is ₹501 Mil as of Mar. 2026. GuruFocus rates NSE:IGARASHI with a GF Score™ of 75/100 and a GF Value™ of ₹643.01 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Igarashi Motors India's quarterly construction in progress declined from Sep. 2025 (₹607 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹501 Mil).

Igarashi Motors India's annual construction in progress increased from Mar. 2024 (₹357 Mil) to Mar. 2025 (₹427 Mil) and increased from Mar. 2025 (₹427 Mil) to Mar. 2026 (₹501 Mil).

Igarashi Motors India Construction In Progress Historical Data

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The historical data trend for Igarashi Motors India'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.

Igarashi Motors India Construction In Progress Chart

Igarashi Motors India 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 118.20 101.36 356.58 426.87 501.31

Igarashi Motors India 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 426.87 0.00 607.26 0.00 501.31
NSE:IGARASHI
75GF Score
Igarashi Motors India Ltd NSE:IGARASHI
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Igarashi Motors India 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 ₹501 Mil mean?
Igarashi Motors India (NSE:IGARASHI) has a Construction In Progress of ₹501 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Igarashi Motors India and its competitors.
Is Igarashi Motors India's Construction In Progress too high?
Igarashi Motors India's current Construction In Progress is ₹501 Mil. Overall, Igarashi Motors India has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Igarashi Motors India's Construction In Progress compare to ORLY and AZO?
Igarashi Motors India's Construction In Progress of ₹501 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Construction In Progress depends on the Vehicles & Parts 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 Igarashi Motors India and its competitors. Igarashi Motors India's current Construction In Progress is ₹501 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Igarashi Motors India stock overvalued right now?
Based on GuruFocus' analysis, Igarashi Motors India (NSE:IGARASHI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹643.01, compared to a current price of ₹459.30 — trading 28.6% below its estimated fair value. The current Construction In Progress is ₹501 Mil. Igarashi Motors India's overall GF Score™ is 75/100 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 Igarashi Motors India (NSE:IGARASHI), the current Construction In Progress is ₹501 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 Igarashi Motors India (NSE:IGARASHI) Overvalued in 2026?

Based on GuruFocus' analysis, Igarashi Motors India stock appears to be undervalued. The current stock price of ₹459.30 is trading 28.6% below its estimated GF Value™ of ₹643.01. GuruFocus considers Igarashi Motors India to be Modestly Undervalued.

Key valuation signals for NSE:IGARASHI:

  • Construction In Progress: ₹501 Mil
  • GF Value™: ₹643.01 vs. price of ₹459.30 (28.6% below fair value)
  • GF Score™: 75/100 with 3 warning signs

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

Igarashi Motors India Business Description

Other Exchanges 517380:India
Address Plot No. B-12 to B-15, Phase II, MEPZ - SEZ, Tambaram, Chennai, TN, IND, 600 045
Igarashi Motors India Ltd produces micro motors and their accessories mainly for the automotive sector. It is engaged in designing and manufacturing small, permanent magnet DC motors. It has operations in India, Korea, the USA, Europe, and China, and the rest of the world. The company drives the majority of its sales in India.
75GF Score

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

₹459.30
Price
₹643.01
GF Value