JTL Industries (NSE:JTLIND) Construction In Progress: ₹1,590 Mil (As of Mar. 2026)


NSE:JTLIND JTL Industries Ltd NSE:JTLIND
92 GF Score
Price ₹80.78
GF Value ₹116.85
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is JTL Industries Construction In Progress?

JTL Industries NSE:JTLIND +1.50% 92 Construction In Progress is ₹1,590 Mil as of Mar. 2026. GuruFocus rates NSE:JTLIND with a GF Score™ of 92/100 and a GF Value™ of ₹116.85 (Possible Value Trap). The stock has 9 warning signs investors should review.

JTL Industries's quarterly construction in progress declined from Sep. 2025 (₹1,198 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹1,590 Mil).

JTL Industries's annual construction in progress increased from Mar. 2024 (₹60 Mil) to Mar. 2025 (₹665 Mil) and increased from Mar. 2025 (₹665 Mil) to Mar. 2026 (₹1,590 Mil).

JTL Industries Construction In Progress Historical Data

* Premium members only.

The historical data trend for JTL Industries'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.

JTL Industries Construction In Progress Chart

JTL Industries 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 34.00 44.01 60.05 664.61 1,589.73

JTL Industries 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 664.61 0.00 1,197.87 0.00 1,589.73
NSE:JTLIND
92GF Score
JTL Industries Ltd NSE:JTLIND
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JTL Industries 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 ₹1,590 Mil mean?
JTL Industries (NSE:JTLIND) has a Construction In Progress of ₹1,590 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on JTL Industries and its competitors.
Is JTL Industries' Construction In Progress too high?
JTL Industries' current Construction In Progress is ₹1,590 Mil. Overall, JTL Industries has a GF Score™ of 92/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does JTL Industries' Construction In Progress compare to NUE and STLD?
JTL Industries' Construction In Progress of ₹1,590 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 JTL Industries and its competitors. JTL Industries's current Construction In Progress is ₹1,590 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JTL Industries stock overvalued right now?
Based on GuruFocus' analysis, JTL Industries (NSE:JTLIND) is currently considered Possible Value Trap. The stock's GF Value™ is ₹116.85, compared to a current price of ₹80.78 — trading 30.9% below its estimated fair value. The current Construction In Progress is ₹1,590 Mil. JTL Industries' overall GF Score™ is 92/100 with 9 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 JTL Industries (NSE:JTLIND), the current Construction In Progress is ₹1,590 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 JTL Industries (NSE:JTLIND) Overvalued in 2026?

Based on GuruFocus' analysis, JTL Industries stock appears to be undervalued. The current stock price of ₹80.78 is trading 30.9% below its estimated GF Value™ of ₹116.85. GuruFocus considers JTL Industries to be Possible Value Trap.

Key valuation signals for NSE:JTLIND:

  • Construction In Progress: ₹1,590 Mil
  • GF Value™: ₹116.85 vs. price of ₹80.78 (30.9% below fair value)
  • GF Score™: 92/100 with 9 warning signs

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

JTL Industries Business Description

Other Exchanges 534600:India
Address SCO 18-19, Sector 28-C, Chandigarh, PB, IND, 160 002
JTL Industries Ltd operates in the metal industry. The company manufactures and is involved in galvanized ERW Steel Pipes and Tubes, hollow sections, and structural steel extensively used in engineering and construction projects. The Company's business operations predominantly relate to the manufacture of a single product, i.e., ERW pipes for selling world wide. The company has a pan-India presence and is globally present in serving continents. It derives maximum revenue from India.
92GF Score

Get the complete analysis for NSE:JTLIND

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

₹80.78
Price
₹116.85
GF Value