V-Marc India (NSE:VMARCIND) Construction In Progress: ₹363 Mil (As of Mar. 2026)


NSE:VMARCIND V-Marc India Ltd NSE:VMARCIND
73 GF Score
Price ₹1,546.35
GF Value ₹909.77
Valuation Significantly Overvalued
! 5 Warning Signs
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What is V-Marc India Construction In Progress?

V-Marc India NSE:VMARCIND -0.89% 73 Construction In Progress is ₹363 Mil as of Mar. 2026. GuruFocus rates NSE:VMARCIND with a GF Score™ of 73/100 and a GF Value™ of ₹909.77 (Significantly Overvalued). The stock has 5 warning signs investors should review.

V-Marc India's quarterly construction in progress increased from Mar. 2025 (₹384 Mil) to Sep. 2025 (₹394 Mil) but then declined from Sep. 2025 (₹394 Mil) to Mar. 2026 (₹363 Mil).

V-Marc India's annual construction in progress increased from Mar. 2024 (₹354 Mil) to Mar. 2025 (₹384 Mil) but then declined from Mar. 2025 (₹384 Mil) to Mar. 2026 (₹363 Mil).

V-Marc India Construction In Progress Historical Data

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The historical data trend for V-Marc 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.

V-Marc India Construction In Progress Chart

V-Marc India Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
Get a 7-Day Free Trial Premium Member Only 208.15 171.78 353.93 384.30 363.05

V-Marc India Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 353.93 181.39 384.30 394.18 363.05
NSE:VMARCIND
73GF Score
V-Marc India Ltd NSE:VMARCIND
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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V-Marc 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 ₹363 Mil mean?
V-Marc India (NSE:VMARCIND) has a Construction In Progress of ₹363 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on V-Marc India and its competitors.
Is V-Marc India's Construction In Progress too high?
V-Marc India's current Construction In Progress is ₹363 Mil. Overall, V-Marc India has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does V-Marc India's Construction In Progress compare to VRT and BE?
V-Marc India's Construction In Progress of ₹363 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 V-Marc India and its competitors. V-Marc India's current Construction In Progress is ₹363 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V-Marc India stock overvalued right now?
Based on GuruFocus' analysis, V-Marc India (NSE:VMARCIND) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹909.77, compared to a current price of ₹1,546.35 — trading 70% above its estimated fair value. The current Construction In Progress is ₹363 Mil. V-Marc India's overall GF Score™ is 73/100 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 V-Marc India (NSE:VMARCIND), the current Construction In Progress is ₹363 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 V-Marc India (NSE:VMARCIND) Overvalued in 2026?

Based on GuruFocus' analysis, V-Marc India stock appears to be overvalued. The current stock price of ₹1,546.35 is trading 70% above its estimated GF Value™ of ₹909.77. GuruFocus considers V-Marc India to be Significantly Overvalued.

Key valuation signals for NSE:VMARCIND:

  • Construction In Progress: ₹363 Mil
  • GF Value™: ₹909.77 vs. price of ₹1,546.35 (70% above fair value)
  • GF Score™: 73/100 with 5 warning signs

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

V-Marc India Business Description

Address Plot No. 3, 4, 18, 20A, Sector IIDC, SIDCUL, Haridwar, UT, IND, 249403
V-Marc India Ltd is engaged in the business of manufacturing and marketing wires and cables under the brand name of V-Marc. The company manufactures and sells a diversified range of wires and cables such as single & multistrand cables, LAN cables, coaxial cables, CCTV cables, telephone switchboard cables, power cables, core flat cables, solar cables, aerial bunched cables, and others. It is a Specialised Control and instrumentation cable company offering a wide range of cable products to multiple industries. Geographically, it operates in India.
73GF Score

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

₹1,546.35
Price
₹909.77
GF Value