NCL Industries (NSE:NCLIND) Construction In Progress: ₹23 Mil (As of Mar. 2026)


NSE:NCLIND NCL Industries Ltd NSE:NCLIND
70 GF Score
Price ₹192.53
GF Value ₹197.23
Valuation Fairly Valued
! 4 Warning Signs
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What is NCL Industries Construction In Progress?

NCL Industries NSE:NCLIND -0.86% 70 Construction In Progress is ₹23 Mil as of Mar. 2026. GuruFocus rates NSE:NCLIND with a GF Score™ of 70/100 and a GF Value™ of ₹197.23 (Fairly Valued). The stock has 4 warning signs investors should review.

NCL Industries's quarterly construction in progress declined from Sep. 2025 (₹2,199 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹23 Mil).

NCL Industries's annual construction in progress increased from Mar. 2024 (₹401 Mil) to Mar. 2025 (₹1,531 Mil) but then declined from Mar. 2025 (₹1,531 Mil) to Mar. 2026 (₹23 Mil).

NCL Industries Construction In Progress Historical Data

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The historical data trend for NCL Industries'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.

NCL Industries Construction In Progress Chart

NCL Industries 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 1,712.70 282.53 401.35 1,531.46 22.86

NCL Industries 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 1,531.46 0.00 2,198.96 0.00 22.86
NSE:NCLIND
70GF Score
NCL Industries Ltd NSE:NCLIND
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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NCL Industries 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 ₹23 Mil mean?
NCL Industries (NSE:NCLIND) has a Construction In Progress of ₹23 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on NCL Industries and its competitors.
Is NCL Industries' Construction In Progress too high?
NCL Industries' current Construction In Progress is ₹23 Mil. Overall, NCL Industries has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NCL Industries' Construction In Progress compare to CRH and VMC?
NCL Industries' Construction In Progress of ₹23 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Construction In Progress depends on the Building Materials 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 NCL Industries and its competitors. NCL Industries's current Construction In Progress is ₹23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCL Industries stock overvalued right now?
Based on GuruFocus' analysis, NCL Industries (NSE:NCLIND) is currently considered Fairly Valued. The stock's GF Value™ is ₹197.23, compared to a current price of ₹192.53 — trading 2.4% below its estimated fair value. The current Construction In Progress is ₹23 Mil. NCL Industries' overall GF Score™ is 70/100 with 4 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 NCL Industries (NSE:NCLIND), the current Construction In Progress is ₹23 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 NCL Industries (NSE:NCLIND) Overvalued in 2026?

Based on GuruFocus' analysis, NCL Industries stock appears to be undervalued. The current stock price of ₹192.53 is trading 2.4% below its estimated GF Value™ of ₹197.23. GuruFocus considers NCL Industries to be Fairly Valued.

Key valuation signals for NSE:NCLIND:

  • Construction In Progress: ₹23 Mil
  • GF Value™: ₹197.23 vs. price of ₹192.53 (2.4% below fair value)
  • GF Score™: 70/100 with 4 warning signs

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

NCL Industries Business Description

Other Exchanges 502168:India
Address Sarojini Devi Road, Near Rail Nilayam, 7th Floor, NCL Pearl, 10-03-162, Opposite Hyderabad Bhawan, East Maredpally, Secunderabad, TG, IND, 500 026
NCL Industries Ltd is principally engaged in the business of manufacturing and selling Cement, Ready Mix Concrete (RMC), Cement Bonded Particle Boards (CBPB), and Prefab Shelters. The company's operating segment includes Cement; Boards; Energy, Readymade Doors, and Ready Mix Concrete. It generates maximum revenue from the Cement segment. Geographically, it derives a majority of its revenue from India.
70GF Score

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

₹192.53
Price
₹197.23
GF Value