Bharat Electronics (NSE:BEL) Total Operating Expense: ₹60,833 Mil (TTM As of Mar. 2026)

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NSE:BEL Bharat Electronics Ltd NSE:BEL
99 GF Score
Price ₹410.10
GF Value ₹397.63
Valuation Fairly Valued
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What is Bharat Electronics Total Operating Expense?

Bharat Electronics NSE:BEL -0.17% 99 Total Operating Expense is ₹60,833 Mil as of Mar. 2026. GuruFocus rates NSE:BEL with a GF Score™ of 99/100 and a GF Value™ of ₹397.63 (Fairly Valued).

Bharat Electronics's Total Operating Expense for the three months ended in Mar. 2026 was ₹21,217 Mil. Bharat Electronics's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹60,833 Mil.

Bharat Electronics Total Operating Expense Related Terms

Bharat Electronics Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Bharat Electronics'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.

Bharat Electronics Total Operating Expense Chart

Bharat Electronics 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 32,148.70 37,939.40 45,446.60 52,152.00 60,833.00

Bharat Electronics 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 17,221.80 12,461.80 13,778.60 13,375.50 21,217.10
NSE:BEL
99GF Score
Bharat Electronics Ltd NSE:BEL
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Bharat Electronics 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 ₹60,833 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 ₹60,833 Mil mean?
Bharat Electronics (NSE:BEL) has a Total Operating Expense of ₹60,833 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Bharat Electronics and its competitors.
Is Bharat Electronics' Total Operating Expense too high?
Bharat Electronics' current Total Operating Expense is ₹60,833 Mil. Overall, Bharat Electronics has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bharat Electronics' Total Operating Expense compare to SPCX and GE?
Bharat Electronics' Total Operating Expense of ₹60,833 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Total Operating Expense depends on the Aerospace & Defense 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 Bharat Electronics and its competitors. Bharat Electronics's current Total Operating Expense is ₹60,833 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Electronics stock overvalued right now?
Based on GuruFocus' analysis, Bharat Electronics (NSE:BEL) is currently considered Fairly Valued. The stock's GF Value™ is ₹397.63, compared to a current price of ₹410.10 — trading 3.1% above its estimated fair value. The current Total Operating Expense is ₹60,833 Mil. Bharat Electronics' overall GF Score™ is 99/100. 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 Bharat Electronics (NSE:BEL), the current Total Operating Expense is ₹60,833 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 Bharat Electronics (NSE:BEL) Overvalued in 2026?

Based on GuruFocus' analysis, Bharat Electronics stock appears to be overvalued. The current stock price of ₹410.10 is trading 3.1% above its estimated GF Value™ of ₹397.63. GuruFocus considers Bharat Electronics to be Fairly Valued.

Key valuation signals for NSE:BEL:

  • Total Operating Expense: ₹60,833 Mil
  • GF Value™: ₹397.63 vs. price of ₹410.10 (3.1% above fair value)
  • GF Score™: 99/100

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

Bharat Electronics Business Description

Other Exchanges 500049:India
Address Outer Ring Road, Nagavara, Bengaluru, KA, IND, 560045
Bharat Electronics Ltd is an aerospace and defense company predominantly owned by the Indian government. It manufactures a wide range of specialized electronics and equipment for defense and civilian use. Its investments are made in research and development to meet the ever-changing needs of customers and to test products in its pipeline. Its product portfolio includes unmanned systems, land-based radars, batteries, weapon systems, fuzes, simulators, and jammers, among others. It also provides cybersecurity and software products. A majority of the company's revenue is derived from the defense sector. Geographically, the company's key revenue is derived from India, and it also has international customers from countries like the United Kingdom, Israel, and others.
99GF Score

Get the complete analysis for NSE:BEL

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

₹410.10
Price
₹397.63
GF Value