Minda (NSE:MINDACORP) Construction In Progress: ₹1,291 Mil (As of Mar. 2026)


NSE:MINDACORP Minda Corp Ltd NSE:MINDACORP
89 GF Score
Price ₹672.40
GF Value ₹639.33
Valuation Fairly Valued
! 6 Warning Signs
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What is Minda Construction In Progress?

Minda NSE:MINDACORP +0.29% 89 Construction In Progress is ₹1,291 Mil as of Mar. 2026. GuruFocus rates NSE:MINDACORP with a GF Score™ of 89/100 and a GF Value™ of ₹639.33 (Fairly Valued). The stock has 6 warning signs investors should review.

Minda's quarterly construction in progress declined from Sep. 2025 (₹904 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹1,291 Mil).

Minda's annual construction in progress increased from Mar. 2024 (₹833 Mil) to Mar. 2025 (₹1,022 Mil) and increased from Mar. 2025 (₹1,022 Mil) to Mar. 2026 (₹1,291 Mil).

Minda Construction In Progress Historical Data

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The historical data trend for Minda'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.

Minda Construction In Progress Chart

Minda 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 389.00 969.00 833.00 1,022.00 1,291.40

Minda 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 1,022.00 0.00 904.20 0.00 1,291.40
NSE:MINDACORP
89GF Score
Minda Corp Ltd NSE:MINDACORP
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Minda 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 ₹1,291 Mil mean?
Minda (NSE:MINDACORP) has a Construction In Progress of ₹1,291 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Minda and its competitors.
Is Minda's Construction In Progress too high?
Minda's current Construction In Progress is ₹1,291 Mil. Overall, Minda has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Minda's Construction In Progress compare to ORLY and AZO?
Minda's Construction In Progress of ₹1,291 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Construction In Progress depends on the Vehicles & Parts 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 Minda and its competitors. Minda's current Construction In Progress is ₹1,291 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minda stock overvalued right now?
Based on GuruFocus' analysis, Minda (NSE:MINDACORP) is currently considered Fairly Valued. The stock's GF Value™ is ₹639.33, compared to a current price of ₹672.40 — trading 5.2% above its estimated fair value. The current Construction In Progress is ₹1,291 Mil. Minda's overall GF Score™ is 89/100 with 6 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 Minda (NSE:MINDACORP), the current Construction In Progress is ₹1,291 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 Minda (NSE:MINDACORP) Overvalued in 2026?

Based on GuruFocus' analysis, Minda stock appears to be overvalued. The current stock price of ₹672.40 is trading 5.2% above its estimated GF Value™ of ₹639.33. GuruFocus considers Minda to be Fairly Valued.

Key valuation signals for NSE:MINDACORP:

  • Construction In Progress: ₹1,291 Mil
  • GF Value™: ₹639.33 vs. price of ₹672.40 (5.2% above fair value)
  • GF Score™: 89/100 with 6 warning signs

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

Minda Business Description

Other Exchanges 538962:India
Address D6-11, Sector 59, Noida, UP, IND, 201301
Minda Corp Ltd is engaged in the manufacturing of Automobile Components and Parts. Its products and solutions are 2W Vehicle Access Division, 4W Vehicle Access Division, Electrical Distribution System Division, Die Casting Division, Drivers Information System Division, and Others. Its geographic locations are the Domestic, Asia, America, Europe, and Africa.
89GF Score

Get the complete analysis for NSE:MINDACORP

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

₹672.40
Price
₹639.33
GF Value