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Polycab India's quarterly construction in progress
increased
from Dec. 2025 (₹11,294 Mil) to Mar. 2026 (₹14,560 Mil) but then
declined
from Mar. 2026 (₹14,560 Mil) to Jun. 2026 (₹0 Mil).
Polycab India's annual construction in progress
increased
from Mar. 2024 (₹8,056 Mil) to Mar. 2025 (₹9,597 Mil) and
increased
from Mar. 2025 (₹9,597 Mil) to Mar. 2026 (₹14,560 Mil).
Polycab India Construction In Progress Historical Data
* Premium members only.
The historical data trend for Polycab India'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.
Polycab India 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 ₹0 Mil mean?
Polycab India (NSE:POLYCAB) has a Construction In Progress of ₹0 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Polycab India and its competitors.
Is Polycab India's Construction In Progress too high?
Polycab India's current Construction In Progress is ₹0 Mil. Overall, Polycab India has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Polycab India's Construction In Progress compare to VRT and BE?
Polycab India's Construction In Progress of ₹0 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 Polycab India and its competitors. Polycab India's current Construction In Progress is ₹0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polycab India stock overvalued right now?
Based on GuruFocus' analysis, Polycab India (NSE:POLYCAB) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹10,090.85, compared to a current price of ₹9,090.50 — trading 9.9% below its estimated fair value. The current Construction In Progress is ₹0 Mil. Polycab India's overall GF Score™ is 97/100 with 1 warning sign 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 Polycab India (NSE:POLYCAB), the current Construction In Progress is ₹0 Mil as of Jun. 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 Polycab India (NSE:POLYCAB) Overvalued in 2026?
Based on GuruFocus' analysis, Polycab India stock appears to be undervalued.
The current stock price of ₹9,090.50 is trading 9.9% below its estimated GF Value™ of ₹10,090.85.
GuruFocus considers Polycab India to be Modestly Undervalued.
Key valuation signals for NSE:POLYCAB:
Construction In Progress: ₹0 Mil
GF Value™: ₹10,090.85 vs. price of ₹9,090.50 (9.9% below fair value)
No single metric tells the full story. See the NSE:POLYCAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polycab India Ltd is engaged in the business of manufacturing and selling wires and cables and fast moving electrical goods under the POLYCAB brand. The business activities are carried out through Wires and cables, Fast moving electrical goods (FMEG), and the EPC segment. It generates maximum revenue from the Wires and cables segment. Geographically, it derives a majority of revenue from India, and also has its presence Overseas. Some of its products include Power cables, Control Cables, Instrumentation Cables, Optical Fibre Cables (OFC), Solar Cables, Building Cables, Flexible Wires, and others.
97GF Score
Get the complete analysis for NSE:POLYCAB
Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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