Indian Toners & Developers (BOM:523586) Total Operating Expense: ₹594 Mil (TTM 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.

BOM:523586 Indian Toners & Developers Ltd BOM:523586
82 GF Score
Price ₹50.20
GF Value ₹60.37
Valuation Modestly Undervalued
View Full Analysis

What is Indian Toners & Developers Total Operating Expense?

Indian Toners & Developers BOM:523586 -2.33% 82 Total Operating Expense is ₹594 Mil as of Mar. 2026. GuruFocus rates BOM:523586 with a GF Score™ of 82/100 and a GF Value™ of ₹60.37 (Modestly Undervalued).

Indian Toners & Developers's Total Operating Expense for the three months ended in Mar. 2026 was ₹158 Mil. Indian Toners & Developers's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹594 Mil.

Indian Toners & Developers Total Operating Expense Related Terms

Indian Toners & Developers Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Indian Toners & Developers'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.

Indian Toners & Developers Total Operating Expense Chart

Indian Toners & Developers 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 407.81 447.99 489.52 487.25 512.58

Indian Toners & Developers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 142.29 146.29 144.74 145.73 157.63
BOM:523586
82GF Score
Indian Toners & Developers Ltd BOM:523586
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indian Toners & Developers 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹594 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 ₹594 Mil mean?
Indian Toners & Developers (BOM:523586) has a Total Operating Expense of ₹594 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Indian Toners & Developers and its competitors.
Is Indian Toners & Developers' Total Operating Expense too high?
Indian Toners & Developers' current Total Operating Expense is ₹594 Mil. Overall, Indian Toners & Developers has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indian Toners & Developers' Total Operating Expense compare to LIN and SHW?
Indian Toners & Developers' Total Operating Expense of ₹594 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Total Operating Expense depends on the Chemicals 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 Indian Toners & Developers and its competitors. Indian Toners & Developers's current Total Operating Expense is ₹594 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Toners & Developers stock overvalued right now?
Based on GuruFocus' analysis, Indian Toners & Developers (BOM:523586) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹60.37, compared to a current price of ₹50.20 — trading 16.8% below its estimated fair value. The current Total Operating Expense is ₹594 Mil. Indian Toners & Developers' overall GF Score™ is 82/100. 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 Indian Toners & Developers (BOM:523586), the current Total Operating Expense is ₹594 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 Indian Toners & Developers (BOM:523586) Overvalued in 2026?

Based on GuruFocus' analysis, Indian Toners & Developers stock appears to be undervalued. The current stock price of ₹50.20 is trading 16.8% below its estimated GF Value™ of ₹60.37. GuruFocus considers Indian Toners & Developers to be Modestly Undervalued.

Key valuation signals for BOM:523586:

  • Total Operating Expense: ₹594 Mil
  • GF Value™: ₹60.37 vs. price of ₹50.20 (16.8% below fair value)
  • GF Score™: 82/100

No single metric tells the full story. See the BOM:523586 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Indian Toners & Developers Business Description

Address 1223, DLF Tower - B, Jasola, New Delhi, IND, 110 025
Indian Toners & Developers Ltd is a manufacturer of toners and developers. The company is engaged in the business of producing and exporting compatible toners for use in laser printers, the new age digital machines, multi-function printers, analogue copiers as well as wide-format printers and copiers. The only reporting segment of the company is a manufacturer of compatible toner. Its geographical segment includes Domestic sales and Export sales. The company's product consists of chemical color toner, laser toner, copier or digital toner, wide format copiers and printer toner and packaging.
82GF Score

Get the complete analysis for BOM:523586

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

₹50.20
Price
₹60.37
GF Value