NCC (NSE:NCC) Construction In Progress: ₹3,508 Mil (As of Mar. 2026)


NSE:NCC NCC Ltd NSE:NCC
80 GF Score
Price ₹149.94
GF Value ₹212.27
Valuation Modestly Undervalued
! 5 Warning Signs
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What is NCC Construction In Progress?

NCC NSE:NCC -2.38% 80 Construction In Progress is ₹3,508 Mil as of Mar. 2026. GuruFocus rates NSE:NCC with a GF Score™ of 80/100 and a GF Value™ of ₹212.27 (Modestly Undervalued). The stock has 5 warning signs investors should review.

NCC's quarterly construction in progress declined from Sep. 2025 (₹382 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹3,508 Mil).

NCC's annual construction in progress increased from Mar. 2024 (₹12,619 Mil) to Mar. 2025 (₹13,202 Mil) but then declined from Mar. 2025 (₹13,202 Mil) to Mar. 2026 (₹3,508 Mil).

NCC Construction In Progress Historical Data

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The historical data trend for NCC'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.

NCC Construction In Progress Chart

NCC 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 10,930.60 11,979.70 12,618.50 13,201.90 3,508.40

NCC 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 13,201.90 0.00 381.50 0.00 3,508.40
NSE:NCC
80GF Score
NCC Ltd NSE:NCC
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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NCC 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 ₹3,508 Mil mean?
NCC (NSE:NCC) has a Construction In Progress of ₹3,508 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on NCC and its competitors.
Is NCC's Construction In Progress too high?
NCC's current Construction In Progress is ₹3,508 Mil. Overall, NCC has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NCC's Construction In Progress compare to PWR and FIX?
NCC's Construction In Progress of ₹3,508 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 NCC and its competitors. NCC's current Construction In Progress is ₹3,508 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCC stock overvalued right now?
Based on GuruFocus' analysis, NCC (NSE:NCC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹212.27, compared to a current price of ₹149.94 — trading 29.4% below its estimated fair value. The current Construction In Progress is ₹3,508 Mil. NCC's overall GF Score™ is 80/100 with 5 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 NCC (NSE:NCC), the current Construction In Progress is ₹3,508 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 NCC (NSE:NCC) Overvalued in 2026?

Based on GuruFocus' analysis, NCC stock appears to be undervalued. The current stock price of ₹149.94 is trading 29.4% below its estimated GF Value™ of ₹212.27. GuruFocus considers NCC to be Modestly Undervalued.

Key valuation signals for NSE:NCC:

  • Construction In Progress: ₹3,508 Mil
  • GF Value™: ₹212.27 vs. price of ₹149.94 (29.4% below fair value)
  • GF Score™: 80/100 with 5 warning signs

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

NCC Business Description

Other Exchanges 500294:India
Address NCC House, Madhapur, Hyderabad, TG, IND, 500 081
NCC Ltd is an India-based company engaged in the construction sector through its two subsidiaries, NCC Urban and NCC Infra. NCC Urban focuses on the development of residential and commercial complexes, serviced apartments, integrated townships, and so on. NCC Infra undertakes the development of infrastructure projects through government concessions. Infrastructure projects developed by the company include roads, bridges, flyovers, water supply and environment projects, power transmission lines, irrigation, and hydrothermal power projects. NCC generates substantially all its sales from the Indian domestic market.
80GF Score

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

₹149.94
Price
₹212.27
GF Value