ITI (NSE:ITI) Construction In Progress: ₹156 Mil (As of Mar. 2026)


NSE:ITI ITI Ltd NSE:ITI
63 GF Score
Price ₹297.70
GF Value ₹248.95
Valuation Modestly Overvalued
! 4 Warning Signs
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What is ITI Construction In Progress?

ITI NSE:ITI +0.54% 63 Construction In Progress is ₹156 Mil as of Mar. 2026. GuruFocus rates NSE:ITI with a GF Score™ of 63/100 and a GF Value™ of ₹248.95 (Modestly Overvalued). The stock has 4 warning signs investors should review.

ITI's quarterly construction in progress declined from Sep. 2025 (₹190 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹156 Mil).

ITI's annual construction in progress declined from Mar. 2024 (₹1,423 Mil) to Mar. 2025 (₹185 Mil) and declined from Mar. 2025 (₹185 Mil) to Mar. 2026 (₹156 Mil).

ITI Construction In Progress Historical Data

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The historical data trend for ITI'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.

ITI Construction In Progress Chart

ITI 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 1,496.46 1,386.31 1,422.83 185.24 156.10

ITI 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 185.24 0.00 189.60 0.00 156.10
NSE:ITI
63GF Score
ITI Ltd NSE:ITI
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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ITI 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 ₹156 Mil mean?
ITI (NSE:ITI) has a Construction In Progress of ₹156 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on ITI and its competitors.
Is ITI's Construction In Progress too high?
ITI's current Construction In Progress is ₹156 Mil. Overall, ITI has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ITI's Construction In Progress compare to CSCO and CIEN?
ITI's Construction In Progress of ₹156 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Construction In Progress depends on the Hardware 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 ITI and its competitors. ITI's current Construction In Progress is ₹156 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITI stock overvalued right now?
Based on GuruFocus' analysis, ITI (NSE:ITI) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹248.95, compared to a current price of ₹297.70 — trading 19.6% above its estimated fair value. The current Construction In Progress is ₹156 Mil. ITI's overall GF Score™ is 63/100 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 ITI (NSE:ITI), the current Construction In Progress is ₹156 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 ITI (NSE:ITI) Overvalued in 2026?

Based on GuruFocus' analysis, ITI stock appears to be overvalued. The current stock price of ₹297.70 is trading 19.6% above its estimated GF Value™ of ₹248.95. GuruFocus considers ITI to be Modestly Overvalued.

Key valuation signals for NSE:ITI:

  • Construction In Progress: ₹156 Mil
  • GF Value™: ₹248.95 vs. price of ₹297.70 (19.6% above fair value)
  • GF Score™: 63/100 with 4 warning signs

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

ITI Business Description

Other Exchanges 523610:India
Address ITI Bhavan, Doorvani Nagar, Bangalore, KA, IND, 560016
ITI Ltd is an Indian manufacturer and service provider of telecommunication equipment and network infrastructure using IP/MPLS, optical fiber, microwave, and satellite technologies. Its products include GPON devices, Digital Mobile Radio systems, smart energy meters, defence encryption products, Wi-Fi equipment, smart cards, solar modules, IoT devices, and other communication hardware. The company also supplies traded communication and IT equipment. Its services cover turnkey project execution, installation, maintenance, data center hosting, electronic manufacturing, PCB fabrication, environmental testing, and 3D printing. It focuses on innovation and serves the Indian telecom, smart cities, and defence sectors.
63GF Score

Get the complete analysis for NSE:ITI

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

₹297.70
Price
₹248.95
GF Value