Nikita Greentech Recycling (NSE:NIKITA) Construction In Progress: ₹797 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:NIKITA Nikita Greentech Recycling Ltd NSE:NIKITA
11 GF Score
Price ₹76.90
! 6 Warning Signs
View Full Analysis

What is Nikita Greentech Recycling Construction In Progress?

Nikita Greentech Recycling NSE:NIKITA 11 Construction In Progress is ₹797 Mil as of Mar. 2026. GuruFocus rates NSE:NIKITA with a GF Score™ of 11/100. The stock has 6 warning signs investors should review.

Nikita Greentech Recycling's quarterly construction in progress increased from Mar. 2025 (₹0 Mil) to Sep. 2025 (₹142 Mil) and increased from Sep. 2025 (₹142 Mil) to Mar. 2026 (₹797 Mil).

Nikita Greentech Recycling's annual construction in progress declined from Mar. 2024 (₹29 Mil) to Mar. 2025 (₹0 Mil) but then increased from Mar. 2025 (₹0 Mil) to Mar. 2026 (₹797 Mil).

Nikita Greentech Recycling Construction In Progress Historical Data

* Premium members only.

The historical data trend for Nikita Greentech Recycling'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.

Nikita Greentech Recycling Construction In Progress Chart

Nikita Greentech Recycling Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
63.83 188.90 28.68 0.00 796.52

Nikita Greentech Recycling Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Construction In Progress Get a 7-Day Free Trial 28.68 0.00 0.00 142.25 796.52
NSE:NIKITA
11GF Score
Nikita Greentech Recycling Ltd NSE:NIKITA
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nikita Greentech Recycling 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 ₹797 Mil mean?
Nikita Greentech Recycling (NSE:NIKITA) has a Construction In Progress of ₹797 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Nikita Greentech Recycling and its competitors.
Is Nikita Greentech Recycling's Construction In Progress too high?
Nikita Greentech Recycling's current Construction In Progress is ₹797 Mil. Overall, Nikita Greentech Recycling has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Nikita Greentech Recycling's Construction In Progress compare to competitors?
Nikita Greentech Recycling's Construction In Progress of ₹797 Mil can be compared against companies in the Forest 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 a Forest Products company?
A good Construction In Progress depends on the Forest 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 Nikita Greentech Recycling and its competitors. Nikita Greentech Recycling's current Construction In Progress is ₹797 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikita Greentech Recycling stock overvalued right now?
Nikita Greentech Recycling (NSE:NIKITA) has a current Construction In Progress of ₹797 Mil. The current Construction In Progress is ₹797 Mil. Nikita Greentech Recycling's overall GF Score™ is 11/100 with 6 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 Nikita Greentech Recycling (NSE:NIKITA), the current Construction In Progress is ₹797 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.

Nikita Greentech Recycling Business Description

Address Industrial Estate Panipat Road, C-10, Shamli, Muzaffarnagar, UP, IND, 247776
Nikita Greentech Recycling Ltd, formerly Nikita Papers Ltd is a manufacturers of recycled kraft paper. It is manufacturing Kraft paper ranging from 80 to 200 GSM in various Burst Factor (B.F.) ranges. The company has only one segment: Business of Kraft Paper Manufacturing.
11GF Score

Get the complete analysis for NSE:NIKITA

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

₹76.90
Price