Indraprastha Gas (NSE:IGL) Construction In Progress: ₹15,180 Mil (As of Mar. 2026)


NSE:IGL Indraprastha Gas Ltd NSE:IGL
97 GF Score
Price ₹164.78
GF Value ₹235.12
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Indraprastha Gas Construction In Progress?

Indraprastha Gas NSE:IGL -0.40% 97 Construction In Progress is ₹15,180 Mil as of Mar. 2026. GuruFocus rates NSE:IGL with a GF Score™ of 97/100 and a GF Value™ of ₹235.12 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Indraprastha Gas's quarterly construction in progress declined from Sep. 2025 (₹17,005 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹15,180 Mil).

Indraprastha Gas's annual construction in progress increased from Mar. 2024 (₹15,576 Mil) to Mar. 2025 (₹16,724 Mil) but then declined from Mar. 2025 (₹16,724 Mil) to Mar. 2026 (₹15,180 Mil).

Indraprastha Gas Construction In Progress Historical Data

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The historical data trend for Indraprastha Gas'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.

Indraprastha Gas Construction In Progress Chart

Indraprastha Gas 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 13,786.00 15,100.20 15,575.60 16,724.00 15,179.60

Indraprastha Gas 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 16,724.00 0.00 17,005.20 0.00 15,179.60
NSE:IGL
97GF Score
Indraprastha Gas Ltd NSE:IGL
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Indraprastha Gas 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 ₹15,180 Mil mean?
Indraprastha Gas (NSE:IGL) has a Construction In Progress of ₹15,180 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Indraprastha Gas and its competitors.
Is Indraprastha Gas' Construction In Progress too high?
Indraprastha Gas' current Construction In Progress is ₹15,180 Mil. Overall, Indraprastha Gas has a GF Score™ of 97/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indraprastha Gas' Construction In Progress compare to ATO and NI?
Indraprastha Gas' Construction In Progress of ₹15,180 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Construction In Progress depends on the Utilities - Regulated 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 Indraprastha Gas and its competitors. Indraprastha Gas's current Construction In Progress is ₹15,180 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indraprastha Gas stock overvalued right now?
Based on GuruFocus' analysis, Indraprastha Gas (NSE:IGL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹235.12, compared to a current price of ₹164.78 — trading 29.9% below its estimated fair value. The current Construction In Progress is ₹15,180 Mil. Indraprastha Gas' overall GF Score™ is 97/100 with 4 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 Indraprastha Gas (NSE:IGL), the current Construction In Progress is ₹15,180 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 Indraprastha Gas (NSE:IGL) Overvalued in 2026?

Based on GuruFocus' analysis, Indraprastha Gas stock appears to be undervalued. The current stock price of ₹164.78 is trading 29.9% below its estimated GF Value™ of ₹235.12. GuruFocus considers Indraprastha Gas to be Significantly Undervalued.

Key valuation signals for NSE:IGL:

  • Construction In Progress: ₹15,180 Mil
  • GF Value™: ₹235.12 vs. price of ₹164.78 (29.9% below fair value)
  • GF Score™: 97/100 with 4 warning signs

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

Indraprastha Gas Business Description

Other Exchanges 532514:India
Address IGL Bhawan, Plot Number 4, Community Centre, Sector-9, R K Puram, New Delhi, IND, 110022
Indraprastha Gas Ltd is an Indian utility company engaged in the business of city gas distribution. It operates in a single segment of the natural gas business, and its products include the Compressed Natural Gas Business provides a fossil fuel substitute for other auto fuels such as petrol, diesel, LPG, etc, and the Piped Natural Gas Business is mainly methane-CH4 with a small percentage of other higher hydrocarbons. The group generates the majority of its revenue from the Compressed Natural Gas Business.
97GF Score

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

₹164.78
Price
₹235.12
GF Value