TCI Express (NSE:TCIEXP) Construction In Progress: ₹285 Mil (As of Mar. 2026)


NSE:TCIEXP TCI Express Ltd NSE:TCIEXP
77 GF Score
Price ₹515.55
GF Value ₹905.51
Valuation Possible Value Trap
! 7 Warning Signs
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What is TCI Express Construction In Progress?

TCI Express NSE:TCIEXP -3.34% 77 Construction In Progress is ₹285 Mil as of Mar. 2026. GuruFocus rates NSE:TCIEXP with a GF Score™ of 77/100 and a GF Value™ of ₹905.51 (Possible Value Trap). The stock has 7 warning signs investors should review.

TCI Express's quarterly construction in progress declined from Sep. 2025 (₹255 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹285 Mil).

TCI Express's annual construction in progress increased from Mar. 2024 (₹161 Mil) to Mar. 2025 (₹203 Mil) and increased from Mar. 2025 (₹203 Mil) to Mar. 2026 (₹285 Mil).

TCI Express Construction In Progress Historical Data

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The historical data trend for TCI Express'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.

TCI Express Construction In Progress Chart

TCI Express 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 60.90 611.40 160.60 203.40 285.40

TCI Express 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 203.40 0.00 255.00 0.00 285.40
NSE:TCIEXP
77GF Score
TCI Express Ltd NSE:TCIEXP
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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TCI Express 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 ₹285 Mil mean?
TCI Express (NSE:TCIEXP) has a Construction In Progress of ₹285 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on TCI Express and its competitors.
Is TCI Express' Construction In Progress too high?
TCI Express' current Construction In Progress is ₹285 Mil. Overall, TCI Express has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TCI Express' Construction In Progress compare to UPS and FDX?
TCI Express' Construction In Progress of ₹285 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Construction In Progress depends on the Transportation 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 TCI Express and its competitors. TCI Express's current Construction In Progress is ₹285 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCI Express stock overvalued right now?
Based on GuruFocus' analysis, TCI Express (NSE:TCIEXP) is currently considered Possible Value Trap. The stock's GF Value™ is ₹905.51, compared to a current price of ₹515.55 — trading 43.1% below its estimated fair value. The current Construction In Progress is ₹285 Mil. TCI Express' overall GF Score™ is 77/100 with 7 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 TCI Express (NSE:TCIEXP), the current Construction In Progress is ₹285 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 TCI Express (NSE:TCIEXP) Overvalued in 2026?

Based on GuruFocus' analysis, TCI Express stock appears to be undervalued. The current stock price of ₹515.55 is trading 43.1% below its estimated GF Value™ of ₹905.51. GuruFocus considers TCI Express to be Possible Value Trap.

Key valuation signals for NSE:TCIEXP:

  • Construction In Progress: ₹285 Mil
  • GF Value™: ₹905.51 vs. price of ₹515.55 (43.1% below fair value)
  • GF Score™: 77/100 with 7 warning signs

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

TCI Express Business Description

Other Exchanges 540212:India
Address Sector 32, TCI House, Plot No. 84, 69 Institutional Area, Gurugram, HR, IND, 122001
TCI Express Ltd is a courier service company. The company provides surface express, domestic air express, international air express, e-commerce express, and others. It serves industries such as automobiles, retail, telecom, pharmaceuticals, and e-commerce. The company's only reportable segment being Express Cargo.
77GF Score

Get the complete analysis for NSE:TCIEXP

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

₹515.55
Price
₹905.51
GF Value