MMP Industries (NSE:MMP) Construction In Progress: ₹383 Mil (As of Mar. 2026)


NSE:MMP MMP Industries Ltd NSE:MMP
87 GF Score
Price ₹279.80
GF Value ₹336.55
Valuation Modestly Undervalued
! 2 Warning Signs
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What is MMP Industries Construction In Progress?

MMP Industries NSE:MMP +1.88% 87 Construction In Progress is ₹383 Mil as of Mar. 2026. GuruFocus rates NSE:MMP with a GF Score™ of 87/100 and a GF Value™ of ₹336.55 (Modestly Undervalued). The stock has 2 warning signs investors should review.

MMP Industries's quarterly construction in progress declined from Sep. 2025 (₹294 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹383 Mil).

MMP Industries's annual construction in progress increased from Mar. 2024 (₹294 Mil) to Mar. 2025 (₹317 Mil) and increased from Mar. 2025 (₹317 Mil) to Mar. 2026 (₹383 Mil).

MMP Industries Construction In Progress Historical Data

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The historical data trend for MMP 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.

MMP Industries Construction In Progress Chart

MMP 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 129.68 178.36 293.78 316.57 383.25

MMP 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 316.57 0.00 293.58 0.00 383.25
NSE:MMP
87GF Score
MMP Industries Ltd NSE:MMP
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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MMP 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 ₹383 Mil mean?
MMP Industries (NSE:MMP) has a Construction In Progress of ₹383 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on MMP Industries and its competitors.
Is MMP Industries' Construction In Progress too high?
MMP Industries' current Construction In Progress is ₹383 Mil. Overall, MMP Industries has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MMP Industries' Construction In Progress compare to AA?
MMP Industries' Construction In Progress of ₹383 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Construction In Progress depends on the Metals & Mining 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 MMP Industries and its competitors. MMP Industries's current Construction In Progress is ₹383 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MMP Industries stock overvalued right now?
Based on GuruFocus' analysis, MMP Industries (NSE:MMP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹336.55, compared to a current price of ₹279.80 — trading 16.9% below its estimated fair value. The current Construction In Progress is ₹383 Mil. MMP Industries' overall GF Score™ is 87/100 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 MMP Industries (NSE:MMP), the current Construction In Progress is ₹383 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 MMP Industries (NSE:MMP) Overvalued in 2026?

Based on GuruFocus' analysis, MMP Industries stock appears to be undervalued. The current stock price of ₹279.80 is trading 16.9% below its estimated GF Value™ of ₹336.55. GuruFocus considers MMP Industries to be Modestly Undervalued.

Key valuation signals for NSE:MMP:

  • Construction In Progress: ₹383 Mil
  • GF Value™: ₹336.55 vs. price of ₹279.80 (16.9% below fair value)
  • GF Score™: 87/100 with 2 warning signs

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

MMP Industries Business Description

Address B-24, Hingna Road, MIDC Area, Hingna Industrial Estate, Hingna, Nagpur, MH, IND, 440016
MMP Industries Ltd is an Indian company engaged in manufacturing aluminum powders, aluminum pastes, and aluminum conductors. The products of the company are used in the construction industry. Its segments are Aluminium Powder and Paste; Aluminium Foil, Aluminium Conductor and Others. The business is spread across Europe, the Middle East, Africa and the Asia Pacific. The company generates the majority of its revenue from the Aluminium Powder and Paste segment.
87GF Score

Get the complete analysis for NSE:MMP

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

₹279.80
Price
₹336.55
GF Value