Indoco Remedies (NSE:INDOCO) Construction In Progress: ₹283 Mil (As of Mar. 2026)


NSE:INDOCO Indoco Remedies Ltd NSE:INDOCO
66 GF Score
Price ₹244.02
GF Value ₹357.80
Valuation Possible Value Trap
! 5 Warning Signs
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What is Indoco Remedies Construction In Progress?

Indoco Remedies NSE:INDOCO +3.10% 66 Construction In Progress is ₹283 Mil as of Mar. 2026. GuruFocus rates NSE:INDOCO with a GF Score™ of 66/100 and a GF Value™ of ₹357.80 (Possible Value Trap). The stock has 5 warning signs investors should review.

Indoco Remedies's quarterly construction in progress declined from Sep. 2025 (₹1,817 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹283 Mil).

Indoco Remedies's annual construction in progress increased from Mar. 2024 (₹1,911 Mil) to Mar. 2025 (₹3,640 Mil) but then declined from Mar. 2025 (₹3,640 Mil) to Mar. 2026 (₹283 Mil).

Indoco Remedies Construction In Progress Historical Data

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The historical data trend for Indoco Remedies'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.

Indoco Remedies Construction In Progress Chart

Indoco Remedies 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 725.31 941.11 1,910.67 3,640.12 282.90

Indoco Remedies 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 3,640.12 0.00 1,816.80 0.00 282.90
NSE:INDOCO
66GF Score
Indoco Remedies Ltd NSE:INDOCO
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Indoco Remedies 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 ₹283 Mil mean?
Indoco Remedies (NSE:INDOCO) has a Construction In Progress of ₹283 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Indoco Remedies and its competitors.
Is Indoco Remedies' Construction In Progress too high?
Indoco Remedies' current Construction In Progress is ₹283 Mil. Overall, Indoco Remedies has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Indoco Remedies' Construction In Progress compare to ZTS and UTHR?
Indoco Remedies' Construction In Progress of ₹283 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Construction In Progress depends on the Drug Manufacturers 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 Indoco Remedies and its competitors. Indoco Remedies's current Construction In Progress is ₹283 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indoco Remedies stock overvalued right now?
Based on GuruFocus' analysis, Indoco Remedies (NSE:INDOCO) is currently considered Possible Value Trap. The stock's GF Value™ is ₹357.80, compared to a current price of ₹244.02 — trading 31.8% below its estimated fair value. The current Construction In Progress is ₹283 Mil. Indoco Remedies' overall GF Score™ is 66/100 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 Indoco Remedies (NSE:INDOCO), the current Construction In Progress is ₹283 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 Indoco Remedies (NSE:INDOCO) Overvalued in 2026?

Based on GuruFocus' analysis, Indoco Remedies stock appears to be undervalued. The current stock price of ₹244.02 is trading 31.8% below its estimated GF Value™ of ₹357.80. GuruFocus considers Indoco Remedies to be Possible Value Trap.

Key valuation signals for NSE:INDOCO:

  • Construction In Progress: ₹283 Mil
  • GF Value™: ₹357.80 vs. price of ₹244.02 (31.8% below fair value)
  • GF Score™: 66/100 with 5 warning signs

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

Indoco Remedies Business Description

Other Exchanges 532612:India
Address 166 CST Road, Indoco House, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098
Indoco Remedies Ltd is an India-based pharmaceutical company. The company is engaged in the manufacturing and marketing of formulations (finished dosage forms) and active pharmaceutical ingredients (APIs). The company manufactures products for different therapeutic sectors including Gastroenterology, Dentistry & Stomatology, Respiratory, Diabetology, Women's Health, Nutritional products, Cardiology, Metabolic Disorders, and Primary Care medicines. The only operating segment of the company is Pharmaceutical Products. Geographically, it generates the majority of the revenue from India.
66GF Score

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

₹244.02
Price
₹357.80
GF Value