NMDC Steel (BOM:543768) Total Operating Expense: ₹42,729 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:543768 NMDC Steel Ltd BOM:543768
51 GF Score
Price ₹43.12
GF Value ₹70.64
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is NMDC Steel Total Operating Expense?

NMDC Steel BOM:543768 -0.51% 51 Total Operating Expense is ₹42,729 Mil as of Mar. 2026. GuruFocus rates BOM:543768 with a GF Score™ of 51/100 and a GF Value™ of ₹70.64 (Possible Value Trap). The stock has 3 warning signs investors should review.

NMDC Steel's Total Operating Expense for the three months ended in Mar. 2026 was ₹10,367 Mil. NMDC Steel's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹42,729 Mil.

NMDC Steel Total Operating Expense Related Terms

NMDC Steel Total Operating Expense Historical Data

* Premium members only.

The historical data trend for NMDC Steel'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.

NMDC Steel Total Operating Expense Chart

NMDC Steel Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 13,183.40 37,072.60 42,729.30

NMDC Steel Quarterly Data
Mar19 Mar20 Mar21 Mar22 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 10,440.00 10,674.50 10,945.90 10,742.00 10,366.90
BOM:543768
51GF Score
NMDC Steel Ltd BOM:543768
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NMDC Steel 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 ₹42,729 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 ₹42,729 Mil mean?
NMDC Steel (BOM:543768) has a Total Operating Expense of ₹42,729 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on NMDC Steel and its competitors.
Is NMDC Steel's Total Operating Expense too high?
NMDC Steel's current Total Operating Expense is ₹42,729 Mil. Overall, NMDC Steel has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NMDC Steel's Total Operating Expense compare to NUE and STLD?
NMDC Steel's Total Operating Expense of ₹42,729 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 NMDC Steel and its competitors. NMDC Steel's current Total Operating Expense is ₹42,729 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMDC Steel stock overvalued right now?
Based on GuruFocus' analysis, NMDC Steel (BOM:543768) is currently considered Possible Value Trap. The stock's GF Value™ is ₹70.64, compared to a current price of ₹43.12 — trading 39% below its estimated fair value. The current Total Operating Expense is ₹42,729 Mil. NMDC Steel's overall GF Score™ is 51/100 with 3 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 NMDC Steel (BOM:543768), the current Total Operating Expense is ₹42,729 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 NMDC Steel (BOM:543768) Overvalued in 2026?

Based on GuruFocus' analysis, NMDC Steel stock appears to be undervalued. The current stock price of ₹43.12 is trading 39% below its estimated GF Value™ of ₹70.64. GuruFocus considers NMDC Steel to be Possible Value Trap.

Key valuation signals for BOM:543768:

  • Total Operating Expense: ₹42,729 Mil
  • GF Value™: ₹70.64 vs. price of ₹43.12 (39% below fair value)
  • GF Score™: 51/100 with 3 warning signs

No single metric tells the full story. See the BOM:543768 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NMDC Steel Business Description

Other Exchanges NSLNISP:India
Address Castle Hills, 10-3-311/A, Khanij Bhavan, Masab Tank, Hyderabad, TG, IND, 500028
NMDC Steel Ltd is engaged in the manufacturing of iron and steel products. Its product portfolio comprises hot rolled coils, hot rolled sheets, and plates. The company generates maximum revenue from steel products, followed by pig iron and others. Geographically, it derives all of its revenue from India.
51GF Score

Get the complete analysis for BOM:543768

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

₹43.12
Price
₹70.64
GF Value