JSW Steel (NSE:JSWSTEEL) Construction In Progress: ₹218,920 Mil (As of Mar. 2026)


NSE:JSWSTEEL JSW Steel Ltd NSE:JSWSTEEL
88 GF Score
Price ₹1,226.40
GF Value ₹1,038.24
Valuation Modestly Overvalued
! 8 Warning Signs
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What is JSW Steel Construction In Progress?

JSW Steel NSE:JSWSTEEL -0.49% 88 Construction In Progress is ₹218,920 Mil as of Mar. 2026. GuruFocus rates NSE:JSWSTEEL with a GF Score™ of 88/100 and a GF Value™ of ₹1,038.24 (Modestly Overvalued). The stock has 8 warning signs investors should review.

JSW Steel's quarterly construction in progress declined from Sep. 2025 (₹205,440 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹218,920 Mil).

JSW Steel's annual construction in progress declined from Mar. 2024 (₹299,730 Mil) to Mar. 2025 (₹221,830 Mil) and declined from Mar. 2025 (₹221,830 Mil) to Mar. 2026 (₹218,920 Mil).

JSW Steel Construction In Progress Historical Data

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The historical data trend for JSW Steel'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.

JSW Steel Construction In Progress Chart

JSW Steel 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 167,560.00 228,140.00 299,730.00 221,830.00 218,920.00

JSW Steel 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 221,830.00 0.00 205,440.00 0.00 218,920.00
NSE:JSWSTEEL
88GF Score
JSW Steel Ltd NSE:JSWSTEEL
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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JSW Steel 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 ₹218,920 Mil mean?
JSW Steel (NSE:JSWSTEEL) has a Construction In Progress of ₹218,920 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on JSW Steel and its competitors.
Is JSW Steel's Construction In Progress too high?
JSW Steel's current Construction In Progress is ₹218,920 Mil. Overall, JSW Steel has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JSW Steel's Construction In Progress compare to NUE and STLD?
JSW Steel's Construction In Progress of ₹218,920 Mil can be compared against companies in the Steel 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 Steel company?
A good Construction In Progress depends on the Steel 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 JSW Steel and its competitors. JSW Steel's current Construction In Progress is ₹218,920 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSW Steel stock overvalued right now?
Based on GuruFocus' analysis, JSW Steel (NSE:JSWSTEEL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,038.24, compared to a current price of ₹1,226.40 — trading 18.1% above its estimated fair value. The current Construction In Progress is ₹218,920 Mil. JSW Steel's overall GF Score™ is 88/100 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 JSW Steel (NSE:JSWSTEEL), the current Construction In Progress is ₹218,920 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 JSW Steel (NSE:JSWSTEEL) Overvalued in 2026?

Based on GuruFocus' analysis, JSW Steel stock appears to be overvalued. The current stock price of ₹1,226.40 is trading 18.1% above its estimated GF Value™ of ₹1,038.24. GuruFocus considers JSW Steel to be Modestly Overvalued.

Key valuation signals for NSE:JSWSTEEL:

  • Construction In Progress: ₹218,920 Mil
  • GF Value™: ₹1,038.24 vs. price of ₹1,226.40 (18.1% above fair value)
  • GF Score™: 88/100 with 8 warning signs

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

JSW Steel Business Description

Other Exchanges 500228:India
Address Bandra Kurla Complex, JSW Centre, Near MMRDA Grounds, Bandra (East), Mumbai, MH, IND, 400051
JSW Steel Ltd is an India-based company that is engaged in the business of manufacturing and selling steel products. Its steel products include semis, hot-rolled steel, cold-rolled steel, galvanized steel, color-coated steel, and long products. Its flat steel products (including hot-rolled, cold-rolled, and galvanized products), which account for the majority of the company's steel volume, are used in Indian automotive, construction, infrastructure, engineering, and consumer durable industries. Its long products are used in the Indian construction, infrastructure, and automotive industries. The company generates the majority of its revenue from the Indian domestic market.
88GF Score

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

₹1,226.40
Price
₹1,038.24
GF Value