Nelco (BOM:504112) Total Operating Expense: ₹2,693 Mil (TTM As of Jun. 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.

BOM:504112 Nelco Ltd BOM:504112
63 GF Score
Price ₹1,013.00
GF Value ₹815.90
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Nelco Total Operating Expense?

Nelco BOM:504112 +9.04% 63 Total Operating Expense is ₹2,693 Mil as of Jun. 2026. GuruFocus rates BOM:504112 with a GF Score™ of 63/100 and a GF Value™ of ₹815.90 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Nelco's Total Operating Expense for the three months ended in Jun. 2026 was ₹700 Mil. Nelco's Total Operating Expense for the trailing twelve months (TTM) ended in Jun. 2026 was ₹2,693 Mil.

Nelco Total Operating Expense Related Terms

Nelco Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Nelco's Total Operating Expense 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.

Nelco Total Operating Expense Chart

Nelco Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,285.50 1,468.10 1,519.70 1,675.80 1,776.30

Nelco Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Total Operating Expense 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 618.70 622.00 647.40 723.90 699.50
BOM:504112
63GF Score
Nelco Ltd BOM:504112
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nelco Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2,693 Mil.

* 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.

What does a Total Operating Expense of ₹2,693 Mil mean?
Nelco (BOM:504112) has a Total Operating Expense of ₹2,693 Mil as of Jun. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Nelco and its competitors.
Is Nelco's Total Operating Expense too high?
Nelco's current Total Operating Expense is ₹2,693 Mil. Overall, Nelco has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nelco's Total Operating Expense compare to CSCO and MSI?
Nelco's Total Operating Expense of ₹2,693 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Hardware company?
A good Total Operating Expense depends on the Hardware industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Nelco and its competitors. Nelco's current Total Operating Expense is ₹2,693 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nelco stock overvalued right now?
Based on GuruFocus' analysis, Nelco (BOM:504112) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹815.90, compared to a current price of ₹1,013.00 — trading 24.2% above its estimated fair value. The current Total Operating Expense is ₹2,693 Mil. Nelco's overall GF Score™ is 63/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Nelco (BOM:504112), the current Total Operating Expense is ₹2,693 Mil as of Jun. 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 Nelco (BOM:504112) Overvalued in 2026?

Based on GuruFocus' analysis, Nelco stock appears to be overvalued. The current stock price of ₹1,013.00 is trading 24.2% above its estimated GF Value™ of ₹815.90. GuruFocus considers Nelco to be Modestly Overvalued.

Key valuation signals for BOM:504112:

  • Total Operating Expense: ₹2,693 Mil
  • GF Value™: ₹815.90 vs. price of ₹1,013.00 (24.2% above fair value)
  • GF Score™: 63/100 with 7 warning signs

No single metric tells the full story. See the BOM:504112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nelco Business Description

Other Exchanges NELCO:India
Address EL-6, TTC Industrial Area, MIDC Electronics Zone, Mahape, Navi Mumbai, MH, IND, 400 710
Nelco Ltd is in the business of providing domestic satellite communication services to close user group (CUG) networks via Satellite System on non-exclusive basis within the territorial boundary of India under the VSAT, ISP and other Licenses and authorisation granted by Department of Telecommunications, Government of India. The company operates in a single reportable segment, namely Network Systems, comprising Satellite Communication (Satcom) Services, which include equipment sales, maintenance, and other allied services. The group earns revenue from providing Satellite communication connectivity systems and solutions through sale of goods, providing installation and annual maintenance services, renting of goods, Integrated Security & Surveillance services.
63GF Score

Get the complete analysis for BOM:504112

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,013.00
Price
₹815.90
GF Value