Mazagon Dock Shipbuilders (NSE:MAZDOCK) Construction In Progress: ₹2,453 Mil (As of Mar. 2026)


NSE:MAZDOCK Mazagon Dock Shipbuilders Ltd NSE:MAZDOCK
92 GF Score
Price ₹2,543.60
GF Value ₹2,818.15
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Mazagon Dock Shipbuilders Construction In Progress?

Mazagon Dock Shipbuilders NSE:MAZDOCK -0.45% 92 Construction In Progress is ₹2,453 Mil as of Mar. 2026. GuruFocus rates NSE:MAZDOCK with a GF Score™ of 92/100 and a GF Value™ of ₹2,818.15 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Mazagon Dock Shipbuilders's quarterly construction in progress declined from Sep. 2025 (₹2,101 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹2,453 Mil).

Mazagon Dock Shipbuilders's annual construction in progress increased from Mar. 2024 (₹682 Mil) to Mar. 2025 (₹1,332 Mil) and increased from Mar. 2025 (₹1,332 Mil) to Mar. 2026 (₹2,453 Mil).

Mazagon Dock Shipbuilders Construction In Progress Historical Data

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The historical data trend for Mazagon Dock Shipbuilders'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.

Mazagon Dock Shipbuilders Construction In Progress Chart

Mazagon Dock Shipbuilders 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 869.40 616.20 682.40 1,332.00 2,453.30

Mazagon Dock Shipbuilders 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 1,332.00 0.00 2,100.70 0.00 2,453.30
NSE:MAZDOCK
92GF Score
Mazagon Dock Shipbuilders Ltd NSE:MAZDOCK
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Mazagon Dock Shipbuilders 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 ₹2,453 Mil mean?
Mazagon Dock Shipbuilders (NSE:MAZDOCK) has a Construction In Progress of ₹2,453 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Mazagon Dock Shipbuilders and its competitors.
Is Mazagon Dock Shipbuilders' Construction In Progress too high?
Mazagon Dock Shipbuilders' current Construction In Progress is ₹2,453 Mil. Overall, Mazagon Dock Shipbuilders has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mazagon Dock Shipbuilders' Construction In Progress compare to SPCX and GE?
Mazagon Dock Shipbuilders' Construction In Progress of ₹2,453 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Construction In Progress depends on the Aerospace & Defense 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 Mazagon Dock Shipbuilders and its competitors. Mazagon Dock Shipbuilders's current Construction In Progress is ₹2,453 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mazagon Dock Shipbuilders stock overvalued right now?
Based on GuruFocus' analysis, Mazagon Dock Shipbuilders (NSE:MAZDOCK) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,818.15, compared to a current price of ₹2,543.60 — trading 9.7% below its estimated fair value. The current Construction In Progress is ₹2,453 Mil. Mazagon Dock Shipbuilders' overall GF Score™ is 92/100 with 2 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 Mazagon Dock Shipbuilders (NSE:MAZDOCK), the current Construction In Progress is ₹2,453 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 Mazagon Dock Shipbuilders (NSE:MAZDOCK) Overvalued in 2026?

Based on GuruFocus' analysis, Mazagon Dock Shipbuilders stock appears to be undervalued. The current stock price of ₹2,543.60 is trading 9.7% below its estimated GF Value™ of ₹2,818.15. GuruFocus considers Mazagon Dock Shipbuilders to be Modestly Undervalued.

Key valuation signals for NSE:MAZDOCK:

  • Construction In Progress: ₹2,453 Mil
  • GF Value™: ₹2,818.15 vs. price of ₹2,543.60 (9.7% below fair value)
  • GF Score™: 92/100 with 2 warning signs

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

Mazagon Dock Shipbuilders Business Description

Other Exchanges 543237:India
Address Dockyard Road, Mazagon, Mumbai, MH, IND, 400010
Mazagon Dock Shipbuilders Ltd is a defense public sector undertaking shipyard under the Ministry of Defence. The company is engaged in building and repairing ships, submarines, various types of vessels, and related engineering products for its customers. The company's activities are the construction of warships, ferries, tugs, dredgers, barges, submarines, merchant ships, etc., with facilities situated in Mumbai and Nhava. It also offers ship designing, ship repairs and refit, tug support, and other related services. The company is organized into two segments: Shipbuilding and Submarine (New Construction and Repairs) and others.
92GF Score

Get the complete analysis for NSE:MAZDOCK

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

₹2,543.60
Price
₹2,818.15
GF Value