IndiGrid Infrastructure Trust (NSE:INDIGRID) Construction In Progress: ₹8,167 Mil (As of Mar. 2026)


NSE:INDIGRID IndiGrid Infrastructure Trust NSE:INDIGRID
82 GF Score
Price ₹178.93
GF Value ₹216.43
Valuation Modestly Undervalued
! 8 Warning Signs
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What is IndiGrid Infrastructure Trust Construction In Progress?

IndiGrid Infrastructure Trust NSE:INDIGRID -0.37% 82 Construction In Progress is ₹8,167 Mil as of Mar. 2026. GuruFocus rates NSE:INDIGRID with a GF Score™ of 82/100 and a GF Value™ of ₹216.43 (Modestly Undervalued). The stock has 8 warning signs investors should review.

IndiGrid Infrastructure Trust's quarterly construction in progress declined from Sep. 2025 (₹2,214 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹8,167 Mil).

IndiGrid Infrastructure Trust's annual construction in progress increased from Mar. 2024 (₹748 Mil) to Mar. 2025 (₹2,285 Mil) and increased from Mar. 2025 (₹2,285 Mil) to Mar. 2026 (₹8,167 Mil).

IndiGrid Infrastructure Trust Construction In Progress Historical Data

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The historical data trend for IndiGrid Infrastructure Trust'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.

IndiGrid Infrastructure Trust Construction In Progress Chart

IndiGrid Infrastructure Trust 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 304.46 1,030.38 748.12 2,284.56 8,167.49

IndiGrid Infrastructure Trust 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 2,284.56 0.00 2,214.09 0.00 8,167.49
NSE:INDIGRID
82GF Score
IndiGrid Infrastructure Trust NSE:INDIGRID
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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IndiGrid Infrastructure Trust 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 ₹8,167 Mil mean?
IndiGrid Infrastructure Trust (NSE:INDIGRID) has a Construction In Progress of ₹8,167 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on IndiGrid Infrastructure Trust and its competitors.
Is IndiGrid Infrastructure Trust's Construction In Progress too high?
IndiGrid Infrastructure Trust's current Construction In Progress is ₹8,167 Mil. Overall, IndiGrid Infrastructure Trust has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IndiGrid Infrastructure Trust's Construction In Progress compare to CEG and VST?
IndiGrid Infrastructure Trust's Construction In Progress of ₹8,167 Mil can be compared against companies in the Utilities - Independent Power Producers 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 - Independent Power Producers company?
A good Construction In Progress depends on the Utilities - Independent Power Producers 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 IndiGrid Infrastructure Trust and its competitors. IndiGrid Infrastructure Trust's current Construction In Progress is ₹8,167 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IndiGrid Infrastructure Trust stock overvalued right now?
Based on GuruFocus' analysis, IndiGrid Infrastructure Trust (NSE:INDIGRID) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹216.43, compared to a current price of ₹178.93 — trading 17.3% below its estimated fair value. The current Construction In Progress is ₹8,167 Mil. IndiGrid Infrastructure Trust's overall GF Score™ is 82/100 with 8 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 IndiGrid Infrastructure Trust (NSE:INDIGRID), the current Construction In Progress is ₹8,167 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 IndiGrid Infrastructure Trust (NSE:INDIGRID) Overvalued in 2026?

Based on GuruFocus' analysis, IndiGrid Infrastructure Trust stock appears to be undervalued. The current stock price of ₹178.93 is trading 17.3% below its estimated GF Value™ of ₹216.43. GuruFocus considers IndiGrid Infrastructure Trust to be Modestly Undervalued.

Key valuation signals for NSE:INDIGRID:

  • Construction In Progress: ₹8,167 Mil
  • GF Value™: ₹216.43 vs. price of ₹178.93 (17.3% below fair value)
  • GF Score™: 82/100 with 8 warning signs

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

IndiGrid Infrastructure Trust Business Description

Other Exchanges 540565:India
Address Off CST Road, Vidyanagari Marg, Unit No. 101, First Floor, Windsor, Village KoleKalyan, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098
IndiGrid Infrastructure Trust, formerly India Grid Trust is an infrastructure investment trust established to own inter-state power transmission assets in India. The projects comprise extra high voltage (EHV) overhead power transmission lines, comprising approximately seven 765 kV transmission lines and thirty 400 kV transmission lines. The company has two distinct reportable segments: Power Transmission and Power generation. The power Transmission segment generates the majority of revenue and is engaged in the business of owning and maintaining transmission assets. The power Generation segment includes entities in the business of generating power through renewable sources such as solar etc.
82GF Score

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

₹178.93
Price
₹216.43
GF Value