Garg Furnace (BOM:530615) Total Operating Expense: ₹318 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:530615 Garg Furnace Ltd BOM:530615
65 GF Score
Price ₹116.80
GF Value ₹177.81
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Garg Furnace Total Operating Expense?

Garg Furnace BOM:530615 +3.87% 65 Total Operating Expense is ₹318 Mil as of Mar. 2026. GuruFocus rates BOM:530615 with a GF Score™ of 65/100 and a GF Value™ of ₹177.81 (Significantly Undervalued). The stock has 6 warning signs investors should review.

Garg Furnace's Total Operating Expense for the three months ended in Mar. 2026 was ₹88 Mil. Garg Furnace's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹318 Mil.

Garg Furnace Total Operating Expense Related Terms

Garg Furnace Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Garg Furnace'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.

Garg Furnace Total Operating Expense Chart

Garg Furnace 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 27.08 40.55 39.94 50.19 318.02

Garg Furnace 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 -188.83 72.68 80.58 76.84 87.92
BOM:530615
65GF Score
Garg Furnace Ltd BOM:530615
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Garg Furnace 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 ₹318 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 ₹318 Mil mean?
Garg Furnace (BOM:530615) has a Total Operating Expense of ₹318 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Garg Furnace and its competitors.
Is Garg Furnace's Total Operating Expense too high?
Garg Furnace's current Total Operating Expense is ₹318 Mil. Overall, Garg Furnace has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Garg Furnace's Total Operating Expense compare to NUE and STLD?
Garg Furnace's Total Operating Expense of ₹318 Mil can be compared against companies in the Steel 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 Steel company?
A good Total Operating Expense depends on the Steel 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 Garg Furnace and its competitors. Garg Furnace's current Total Operating Expense is ₹318 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garg Furnace stock overvalued right now?
Based on GuruFocus' analysis, Garg Furnace (BOM:530615) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹177.81, compared to a current price of ₹116.80 — trading 34.3% below its estimated fair value. The current Total Operating Expense is ₹318 Mil. Garg Furnace's overall GF Score™ is 65/100 with 6 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 Garg Furnace (BOM:530615), the current Total Operating Expense is ₹318 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 Garg Furnace (BOM:530615) Overvalued in 2026?

Based on GuruFocus' analysis, Garg Furnace stock appears to be undervalued. The current stock price of ₹116.80 is trading 34.3% below its estimated GF Value™ of ₹177.81. GuruFocus considers Garg Furnace to be Significantly Undervalued.

Key valuation signals for BOM:530615:

  • Total Operating Expense: ₹318 Mil
  • GF Value™: ₹177.81 vs. price of ₹116.80 (34.3% below fair value)
  • GF Score™: 65/100 with 6 warning signs

No single metric tells the full story. See the BOM:530615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Garg Furnace Business Description

Address Kanganwal Road, G.T. Road, V.P.O. Jugiana, Ludhiana, PB, IND, 141120
Garg Furnace Ltd is an India-based company. It is engaged in the manufacturing and trading of alloy and non-alloy steel ingots, wire rods, wire round, mig wire, and casting of iron products. The company operates in a single reportable segment which is the business of manufacturing of Iron and Steel Products such as M.S. Round Ingot, Wire Rod, etc. Geographically, it operates only in India.
65GF Score

Get the complete analysis for BOM:530615

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

₹116.80
Price
₹177.81
GF Value