IRCON International (NSE:IRCON) Construction In Progress: ₹5,945 Mil (As of Mar. 2026)


NSE:IRCON IRCON International Ltd NSE:IRCON
82 GF Score
Price ₹134.16
GF Value ₹154.81
Valuation Modestly Undervalued
! 4 Warning Signs
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What is IRCON International Construction In Progress?

IRCON International NSE:IRCON -1.11% 82 Construction In Progress is ₹5,945 Mil as of Mar. 2026. GuruFocus rates NSE:IRCON with a GF Score™ of 82/100 and a GF Value™ of ₹154.81 (Modestly Undervalued). The stock has 4 warning signs investors should review.

IRCON International's quarterly construction in progress declined from Sep. 2025 (₹6,201 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹5,945 Mil).

IRCON International's annual construction in progress increased from Mar. 2024 (₹8,643 Mil) to Mar. 2025 (₹12,017 Mil) but then declined from Mar. 2025 (₹12,017 Mil) to Mar. 2026 (₹5,945 Mil).

IRCON International Construction In Progress Historical Data

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The historical data trend for IRCON International'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.

IRCON International Construction In Progress Chart

IRCON International 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 60.20 499.60 8,643.20 12,017.10 5,945.10

IRCON International 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 12,017.10 0.00 6,200.60 0.00 5,945.10
NSE:IRCON
82GF Score
IRCON International Ltd NSE:IRCON
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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IRCON International 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 ₹5,945 Mil mean?
IRCON International (NSE:IRCON) has a Construction In Progress of ₹5,945 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on IRCON International and its competitors.
Is IRCON International's Construction In Progress too high?
IRCON International's current Construction In Progress is ₹5,945 Mil. Overall, IRCON International has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IRCON International's Construction In Progress compare to PWR and FIX?
IRCON International's Construction In Progress of ₹5,945 Mil can be compared against companies in the Construction 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 Construction company?
A good Construction In Progress depends on the Construction 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 IRCON International and its competitors. IRCON International's current Construction In Progress is ₹5,945 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRCON International stock overvalued right now?
Based on GuruFocus' analysis, IRCON International (NSE:IRCON) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹154.81, compared to a current price of ₹134.16 — trading 13.3% below its estimated fair value. The current Construction In Progress is ₹5,945 Mil. IRCON International's overall GF Score™ is 82/100 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 IRCON International (NSE:IRCON), the current Construction In Progress is ₹5,945 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 IRCON International (NSE:IRCON) Overvalued in 2026?

Based on GuruFocus' analysis, IRCON International stock appears to be undervalued. The current stock price of ₹134.16 is trading 13.3% below its estimated GF Value™ of ₹154.81. GuruFocus considers IRCON International to be Modestly Undervalued.

Key valuation signals for NSE:IRCON:

  • Construction In Progress: ₹5,945 Mil
  • GF Value™: ₹154.81 vs. price of ₹134.16 (13.3% below fair value)
  • GF Score™: 82/100 with 4 warning signs

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

IRCON International Business Description

Other Exchanges 541956:India
Address Plot No. C-4, District Centre, Saket, New Delhi, IND, 110017
IRCON International Ltd is an India-based integrated engineering and construction company having expertise in infrastructure sectors, including railways, highways, bridges, flyovers, tunnels, metro, railway electrification, EHV sub-stations, electrical and mechanical works, commercial and residential buildings, railway production units, and others. It offers Engineering Procurement and Construction (EPC) services on a lump sum, turnkey, EPC, and item-rate basis for various infrastructure projects. Its geographic segments are International and Domestic, in which it derives a majority of its revenue from India.
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.

₹134.16
Price
₹154.81
GF Value