Indus Towers (NSE:INDUSTOWER) Construction In Progress: ₹6,301 Mil (As of Mar. 2026)


NSE:INDUSTOWER Indus Towers Ltd NSE:INDUSTOWER
93 GF Score
Price ₹388.85
GF Value ₹395.71
Valuation Fairly Valued
View Full Analysis

What is Indus Towers Construction In Progress?

Indus Towers NSE:INDUSTOWER -0.73% 93 Construction In Progress is ₹6,301 Mil as of Mar. 2026. GuruFocus rates NSE:INDUSTOWER with a GF Score™ of 93/100 and a GF Value™ of ₹395.71 (Fairly Valued).

Indus Towers's quarterly construction in progress declined from Sep. 2025 (₹6,231 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹6,301 Mil).

Indus Towers's annual construction in progress increased from Mar. 2024 (₹4,408 Mil) to Mar. 2025 (₹5,769 Mil) and increased from Mar. 2025 (₹5,769 Mil) to Mar. 2026 (₹6,301 Mil).

Indus Towers Construction In Progress Historical Data

* Premium members only.

The historical data trend for Indus Towers'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.

Indus Towers Construction In Progress Chart

Indus Towers 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 1,787.00 3,668.00 4,408.00 5,769.00 6,301.00

Indus Towers 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 5,769.00 0.00 6,231.00 0.00 6,301.00
NSE:INDUSTOWER
93GF Score
Indus Towers Ltd NSE:INDUSTOWER
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indus Towers 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 ₹6,301 Mil mean?
Indus Towers (NSE:INDUSTOWER) has a Construction In Progress of ₹6,301 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Indus Towers and its competitors.
Is Indus Towers' Construction In Progress too high?
Indus Towers' current Construction In Progress is ₹6,301 Mil. Overall, Indus Towers has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indus Towers' Construction In Progress compare to TMUS and VZ?
Indus Towers' Construction In Progress of ₹6,301 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Construction In Progress depends on the Telecommunication Services 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 Indus Towers and its competitors. Indus Towers's current Construction In Progress is ₹6,301 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indus Towers stock overvalued right now?
Based on GuruFocus' analysis, Indus Towers (NSE:INDUSTOWER) is currently considered Fairly Valued. The stock's GF Value™ is ₹395.71, compared to a current price of ₹388.85 — trading 1.7% below its estimated fair value. The current Construction In Progress is ₹6,301 Mil. Indus Towers' overall GF Score™ is 93/100. 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 Indus Towers (NSE:INDUSTOWER), the current Construction In Progress is ₹6,301 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 Indus Towers (NSE:INDUSTOWER) Overvalued in 2026?

Based on GuruFocus' analysis, Indus Towers stock appears to be undervalued. The current stock price of ₹388.85 is trading 1.7% below its estimated GF Value™ of ₹395.71. GuruFocus considers Indus Towers to be Fairly Valued.

Key valuation signals for NSE:INDUSTOWER:

  • Construction In Progress: ₹6,301 Mil
  • GF Value™: ₹395.71 vs. price of ₹388.85 (1.7% below fair value)
  • GF Score™: 93/100

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

Indus Towers Business Description

Other Exchanges 534816:India
Address DLF Cyber City, Building No. 10, 4th Floor, Tower A, Gurugram, HR, IND, 122002
Indus Towers Ltd Ltd is a telecommunications tower infrastructure service provider. The company deploys, owns, and manages telecom towers and communication structures for mobile operators. The company acquires and builds towers, while also owning and operating telecom towers and related infrastructure. The company generates revenue through a rental fee to tenants of mobile towers. Energy costs such as electricity and fuel charts are usually passed through to tenants. The company generates the vast majority of its revenue in India. The company's assets are located in India and are often ground-based and rooftop towers.
93GF Score

Get the complete analysis for NSE:INDUSTOWER

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

₹388.85
Price
₹395.71
GF Value