Madhav Marbles & Granites (NSE:MADHAV) Construction In Progress: ₹27.8 Mil (As of Mar. 2026)


NSE:MADHAV Madhav Marbles & Granites Ltd NSE:MADHAV
65 GF Score
Price ₹35.99
GF Value ₹38.72
Valuation Fairly Valued
! 4 Warning Signs
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What is Madhav Marbles & Granites Construction In Progress?

Madhav Marbles & Granites NSE:MADHAV -1.80% 65 Construction In Progress is ₹27.8 Mil as of Mar. 2026. GuruFocus rates NSE:MADHAV with a GF Score™ of 65/100 and a GF Value™ of ₹38.72 (Fairly Valued). The stock has 4 warning signs investors should review.

Madhav Marbles & Granites's quarterly construction in progress declined from Sep. 2025 (₹28.3 Mil) to Dec. 2025 (₹0.0 Mil) but then increased from Dec. 2025 (₹0.0 Mil) to Mar. 2026 (₹27.8 Mil).

Madhav Marbles & Granites's annual construction in progress increased from Mar. 2024 (₹32.3 Mil) to Mar. 2025 (₹32.3 Mil) but then declined from Mar. 2025 (₹32.3 Mil) to Mar. 2026 (₹27.8 Mil).

Madhav Marbles & Granites Construction In Progress Historical Data

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The historical data trend for Madhav Marbles & Granites'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.

Madhav Marbles & Granites Construction In Progress Chart

Madhav Marbles & Granites 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 33.41 29.42 32.26 32.27 27.76

Madhav Marbles & Granites 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 32.27 0.00 28.34 0.00 27.76
NSE:MADHAV
65GF Score
Madhav Marbles & Granites Ltd NSE:MADHAV
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Madhav Marbles & Granites 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 ₹27.8 Mil mean?
Madhav Marbles & Granites (NSE:MADHAV) has a Construction In Progress of ₹27.8 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Madhav Marbles & Granites and its competitors.
Is Madhav Marbles & Granites' Construction In Progress too high?
Madhav Marbles & Granites' current Construction In Progress is ₹27.8 Mil. Overall, Madhav Marbles & Granites has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Madhav Marbles & Granites' Construction In Progress compare to TT and JCI?
Madhav Marbles & Granites' Construction In Progress of ₹27.8 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 Madhav Marbles & Granites and its competitors. Madhav Marbles & Granites's current Construction In Progress is ₹27.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madhav Marbles & Granites stock overvalued right now?
Based on GuruFocus' analysis, Madhav Marbles & Granites (NSE:MADHAV) is currently considered Fairly Valued. The stock's GF Value™ is ₹38.72, compared to a current price of ₹35.99 — trading 7.1% below its estimated fair value. The current Construction In Progress is ₹27.8 Mil. Madhav Marbles & Granites' overall GF Score™ is 65/100 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 Madhav Marbles & Granites (NSE:MADHAV), the current Construction In Progress is ₹27.8 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 Madhav Marbles & Granites (NSE:MADHAV) Overvalued in 2026?

Based on GuruFocus' analysis, Madhav Marbles & Granites stock appears to be undervalued. The current stock price of ₹35.99 is trading 7.1% below its estimated GF Value™ of ₹38.72. GuruFocus considers Madhav Marbles & Granites to be Fairly Valued.

Key valuation signals for NSE:MADHAV:

  • Construction In Progress: ₹27.8 Mil
  • GF Value™: ₹38.72 vs. price of ₹35.99 (7.1% below fair value)
  • GF Score™: 65/100 with 4 warning signs

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

Madhav Marbles & Granites Business Description

Other Exchanges 515093:India
Address 16, Saheli Marg, First Floor, Mumal Towers, Udaipur, RJ, IND, 313001
Madhav Marbles & Granites Ltd engages in processing and exporting natural stone products including marble, granite, quartz, quartzite, and sandstone. Its operations include a Granite Division based in South India in a region known for granite reserves, and a Marble Division located in North India near the green marble quarries. The company generates revenue through manufacturing and exporting natural stone slabs and tiles to the markets of various countries, including North America, South America, Europe, Australia, South Africa, Russia, and the Far East. Its facilities are situated close to raw material sources, supporting efficient procurement and production. The company also includes segments related to realty and power generation alongside its core stone processing business.
65GF Score

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

₹35.99
Price
₹38.72
GF Value