Mangal Electrical Industries (NSE:MEIL) Construction In Progress: ₹91 Mil (As of Mar. 2026)


NSE:MEIL Mangal Electrical Industries Ltd NSE:MEIL
18 GF Score
Price ₹306.30
! 4 Warning Signs
View Full Analysis

What is Mangal Electrical Industries Construction In Progress?

Mangal Electrical Industries NSE:MEIL +1.98% 18 Construction In Progress is ₹91 Mil as of Mar. 2026. GuruFocus rates NSE:MEIL with a GF Score™ of 18/100. The stock has 4 warning signs investors should review.

Mangal Electrical Industries's quarterly construction in progress declined from Sep. 2025 (₹255 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹91 Mil).

Mangal Electrical Industries's annual construction in progress increased from Mar. 2024 (₹17 Mil) to Mar. 2025 (₹120 Mil) but then declined from Mar. 2025 (₹120 Mil) to Mar. 2026 (₹91 Mil).

Mangal Electrical Industries Construction In Progress Historical Data

* Premium members only.

The historical data trend for Mangal Electrical 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.

Mangal Electrical Industries Construction In Progress Chart

Mangal Electrical Industries Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
3.97 3.02 16.81 119.97 91.25

Mangal Electrical Industries Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only 0.00 119.97 254.61 0.00 91.25
NSE:MEIL
18GF Score
Mangal Electrical Industries Ltd NSE:MEIL
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mangal Electrical 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 ₹91 Mil mean?
Mangal Electrical Industries (NSE:MEIL) has a Construction In Progress of ₹91 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Mangal Electrical Industries and its competitors.
Is Mangal Electrical Industries' Construction In Progress too high?
Mangal Electrical Industries' current Construction In Progress is ₹91 Mil. Overall, Mangal Electrical Industries has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Mangal Electrical Industries' Construction In Progress compare to VRT and BE?
Mangal Electrical Industries' Construction In Progress of ₹91 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Construction In Progress depends on the Industrial Products 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 Mangal Electrical Industries and its competitors. Mangal Electrical Industries's current Construction In Progress is ₹91 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangal Electrical Industries stock overvalued right now?
Mangal Electrical Industries (NSE:MEIL) has a current Construction In Progress of ₹91 Mil. The current Construction In Progress is ₹91 Mil. Mangal Electrical Industries' overall GF Score™ is 18/100 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 Mangal Electrical Industries (NSE:MEIL), the current Construction In Progress is ₹91 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.

Mangal Electrical Industries Business Description

Other Exchanges 544492:India
Address Road No. 1-C, C-61, C-61, A&B, V. K. I. Area, Jaipur, RJ, IND, 302 013
Mangal Electrical Industries Ltd is mainly involved in the manufacturing of electrical transformers, CRGO, electrical accessories, and related items, and also executes EPC contracts involving electrical items. The company specializes in processing transformer components such as transformer laminations, CRGO slit coils, amorphous cores, coil and core assemblies, wound and toroidal cores, and oil-immersed circuit breakers. It also trades in CRGO and CRNO coils and amorphous ribbons. Additionally, the company manufactures transformers and customized products for the power infrastructure industry, with a range spanning from single-phase 5 KVA to three-phase 10 MVA units, and provides EPC services for setting up electrical substations serving the power sector.
18GF Score

Get the complete analysis for NSE:MEIL

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

₹306.30
Price