Nelcast (NSE:NELCAST) Construction In Progress: ₹43 Mil (As of Mar. 2026)


NSE:NELCAST Nelcast Ltd NSE:NELCAST
82 GF Score
Price ₹142.78
GF Value ₹138.09
Valuation Fairly Valued
! 2 Warning Signs
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What is Nelcast Construction In Progress?

Nelcast NSE:NELCAST -2.73% 82 Construction In Progress is ₹43 Mil as of Mar. 2026. GuruFocus rates NSE:NELCAST with a GF Score™ of 82/100 and a GF Value™ of ₹138.09 (Fairly Valued). The stock has 2 warning signs investors should review.

Nelcast's quarterly construction in progress declined from Sep. 2025 (₹23 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹43 Mil).

Nelcast's annual construction in progress declined from Mar. 2024 (₹658 Mil) to Mar. 2025 (₹42 Mil) but then increased from Mar. 2025 (₹42 Mil) to Mar. 2026 (₹43 Mil).

Nelcast Construction In Progress Historical Data

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The historical data trend for Nelcast'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.

Nelcast Construction In Progress Chart

Nelcast 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 160.68 177.25 657.80 42.19 42.72

Nelcast 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 42.19 0.00 23.06 0.00 42.72
NSE:NELCAST
82GF Score
Nelcast Ltd NSE:NELCAST
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Nelcast 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 ₹43 Mil mean?
Nelcast (NSE:NELCAST) has a Construction In Progress of ₹43 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Nelcast and its competitors.
Is Nelcast's Construction In Progress too high?
Nelcast's current Construction In Progress is ₹43 Mil. Overall, Nelcast has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nelcast's Construction In Progress compare to CRS and ATI?
Nelcast's Construction In Progress of ₹43 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 Nelcast and its competitors. Nelcast's current Construction In Progress is ₹43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nelcast stock overvalued right now?
Based on GuruFocus' analysis, Nelcast (NSE:NELCAST) is currently considered Fairly Valued. The stock's GF Value™ is ₹138.09, compared to a current price of ₹142.78 — trading 3.4% above its estimated fair value. The current Construction In Progress is ₹43 Mil. Nelcast's overall GF Score™ is 82/100 with 2 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 Nelcast (NSE:NELCAST), the current Construction In Progress is ₹43 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 Nelcast (NSE:NELCAST) Overvalued in 2026?

Based on GuruFocus' analysis, Nelcast stock appears to be overvalued. The current stock price of ₹142.78 is trading 3.4% above its estimated GF Value™ of ₹138.09. GuruFocus considers Nelcast to be Fairly Valued.

Key valuation signals for NSE:NELCAST:

  • Construction In Progress: ₹43 Mil
  • GF Value™: ₹138.09 vs. price of ₹142.78 (3.4% above fair value)
  • GF Score™: 82/100 with 2 warning signs

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

Nelcast Business Description

Other Exchanges 532864:India
Address 159, T.T.K. Road, Alwarpet, Chennai, TN, IND, 600 018
Nelcast Ltd is an Indian company engaged in the business of manufacturing iron castings. Through manufacturing casting components, the company has different types of products that meet the requirements of different kinds of automation used in different industries. It manufactures parts to be used in various applications in an automobile, such as the engine, transmission, suspension, axle, brake, and steering. It also caters to the tractor industry for their requirement of various housing as well as engine, transmission, and axle components. The company caters to the railways and the pipe fitting industries as well. Geographically, the group has a business presence in India and other countries, of which a majority of the revenue is derived from India.
82GF Score

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

₹142.78
Price
₹138.09
GF Value