Shalby (NSE:SHALBY) Construction In Progress: ₹4 Mil (As of Mar. 2026)


NSE:SHALBY Shalby Ltd NSE:SHALBY
92 GF Score
Price ₹175.72
GF Value ₹248.93
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Shalby Construction In Progress?

Shalby NSE:SHALBY +2.41% 92 Construction In Progress is ₹4 Mil as of Mar. 2026. GuruFocus rates NSE:SHALBY with a GF Score™ of 92/100 and a GF Value™ of ₹248.93 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Shalby's quarterly construction in progress declined from Sep. 2025 (₹539 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹4 Mil).

Shalby's annual construction in progress increased from Mar. 2024 (₹436 Mil) to Mar. 2025 (₹437 Mil) but then declined from Mar. 2025 (₹437 Mil) to Mar. 2026 (₹4 Mil).

Shalby Construction In Progress Historical Data

* Premium members only.

The historical data trend for Shalby'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.

Shalby Construction In Progress Chart

Shalby 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 45.12 61.64 436.49 437.16 3.93

Shalby 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 437.16 0.00 539.09 0.00 3.93
NSE:SHALBY
92GF Score
Shalby Ltd NSE:SHALBY
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shalby 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 ₹4 Mil mean?
Shalby (NSE:SHALBY) has a Construction In Progress of ₹4 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Shalby and its competitors.
Is Shalby's Construction In Progress too high?
Shalby's current Construction In Progress is ₹4 Mil. Overall, Shalby has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shalby's Construction In Progress compare to HCA and THC?
Shalby's Construction In Progress of ₹4 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Construction In Progress depends on the Healthcare Providers & Services 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 Shalby and its competitors. Shalby's current Construction In Progress is ₹4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shalby stock overvalued right now?
Based on GuruFocus' analysis, Shalby (NSE:SHALBY) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹248.93, compared to a current price of ₹175.72 — trading 29.4% below its estimated fair value. The current Construction In Progress is ₹4 Mil. Shalby's overall GF Score™ is 92/100 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 Shalby (NSE:SHALBY), the current Construction In Progress is ₹4 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 Shalby (NSE:SHALBY) Overvalued in 2026?

Based on GuruFocus' analysis, Shalby stock appears to be undervalued. The current stock price of ₹175.72 is trading 29.4% below its estimated GF Value™ of ₹248.93. GuruFocus considers Shalby to be Modestly Undervalued.

Key valuation signals for NSE:SHALBY:

  • Construction In Progress: ₹4 Mil
  • GF Value™: ₹248.93 vs. price of ₹175.72 (29.4% below fair value)
  • GF Score™: 92/100 with 5 warning signs

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

Shalby Business Description

Other Exchanges 540797:India
Address Opposite Karnavati Club, S. G. Highway, B-301 & 302, Mondeal Heights, Ahmedabad, GJ, IND, 380 015
Shalby Ltd operates a chain of multispecialty hospitals. It is engaged in setting up and managing hospitals and medical diagnostic services. The hospitals offer healthcare services to patients in various areas of specialization such as Cardiology, Emergency Medicine, Gastroenterology Surgery, Arthroscopy Sports Injury, Infectious Diseases, Oncology, and others. The activities are mainly conducted only in India. Revenue mainly comprises fees charged for inpatient and outpatient hospital services. Services include charges for accommodation, medical professional services, equipment, radiology, laboratory, and pharmaceutical goods used in treatments given to Patients.
92GF Score

Get the complete analysis for NSE:SHALBY

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

₹175.72
Price
₹248.93
GF Value