National Fertilizers (NSE:NFL) Construction In Progress: ₹1,610 Mil (As of Mar. 2026)


NSE:NFL National Fertilizers Ltd NSE:NFL
72 GF Score
Price ₹75.18
GF Value ₹300.43
Valuation Possible Value Trap
! 5 Warning Signs
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What is National Fertilizers Construction In Progress?

National Fertilizers NSE:NFL -1.98% 72 Construction In Progress is ₹1,610 Mil as of Mar. 2026. GuruFocus rates NSE:NFL with a GF Score™ of 72/100 and a GF Value™ of ₹300.43 (Possible Value Trap). The stock has 5 warning signs investors should review.

National Fertilizers's quarterly construction in progress declined from Sep. 2025 (₹1,800 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹1,610 Mil).

National Fertilizers's annual construction in progress declined from Mar. 2024 (₹2,240 Mil) to Mar. 2025 (₹1,716 Mil) and declined from Mar. 2025 (₹1,716 Mil) to Mar. 2026 (₹1,610 Mil).

National Fertilizers Construction In Progress Historical Data

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The historical data trend for National Fertilizers'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.

National Fertilizers Construction In Progress Chart

National Fertilizers 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 1,121.50 1,472.20 2,239.60 1,715.70 1,609.60

National Fertilizers 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 1,715.70 0.00 1,799.50 0.00 1,609.60
NSE:NFL
72GF Score
National Fertilizers Ltd NSE:NFL
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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National Fertilizers 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 ₹1,610 Mil mean?
National Fertilizers (NSE:NFL) has a Construction In Progress of ₹1,610 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on National Fertilizers and its competitors.
Is National Fertilizers' Construction In Progress too high?
National Fertilizers' current Construction In Progress is ₹1,610 Mil. Overall, National Fertilizers has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does National Fertilizers' Construction In Progress compare to CTVA and CF?
National Fertilizers' Construction In Progress of ₹1,610 Mil can be compared against companies in the Agriculture 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 Agriculture company?
A good Construction In Progress depends on the Agriculture 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 National Fertilizers and its competitors. National Fertilizers's current Construction In Progress is ₹1,610 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Fertilizers stock overvalued right now?
Based on GuruFocus' analysis, National Fertilizers (NSE:NFL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹300.43, compared to a current price of ₹75.18 — trading 75% below its estimated fair value. The current Construction In Progress is ₹1,610 Mil. National Fertilizers' overall GF Score™ is 72/100 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 National Fertilizers (NSE:NFL), the current Construction In Progress is ₹1,610 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 National Fertilizers (NSE:NFL) Overvalued in 2026?

Based on GuruFocus' analysis, National Fertilizers stock appears to be undervalued. The current stock price of ₹75.18 is trading 75% below its estimated GF Value™ of ₹300.43. GuruFocus considers National Fertilizers to be Possible Value Trap.

Key valuation signals for NSE:NFL:

  • Construction In Progress: ₹1,610 Mil
  • GF Value™: ₹300.43 vs. price of ₹75.18 (75% below fair value)
  • GF Score™: 72/100 with 5 warning signs

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

National Fertilizers Business Description

Other Exchanges 523630:India
Address A-11, Sector-24, Gautam Budh Nagar, Noida, UP, IND, 201301
National Fertilizers Ltd is engaged in the business of manufacturing agro chemicals. Its product portfolio includes Neem Coated Urea, four strains of Bio-Fertilizers (solid & liquid), Bentonite Sulphur, and other allied Industrial products like Ammonia, Nitric Acid, Ammonium Nitrate, Sodium Nitrite and Sodium Nitrate. The brand name of the company is known in the market as KISAN. The company also provides agriculture extension services to educate farmers on fertilizers and the know-how on scientific methods of cultivation. Its operating segments include Manufactured Fertilizers which derive key revenue, Manufactured Chemicals, Traded Imported Fertilizers, and Others. Geographically, the company caters only to the Indian market.
72GF Score

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

₹75.18
Price
₹300.43
GF Value