Excel Industries (NSE:EXCELINDUS) Total Operating Expense: ₹4,195 Mil (TTM As of Mar. 2026)

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NSE:EXCELINDUS Excel Industries Ltd NSE:EXCELINDUS
72 GF Score
Price ₹938.15
GF Value ₹1,167.54
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Excel Industries Total Operating Expense?

Excel Industries NSE:EXCELINDUS +4.26% 72 Total Operating Expense is ₹4,195 Mil as of Mar. 2026. GuruFocus rates NSE:EXCELINDUS with a GF Score™ of 72/100 and a GF Value™ of ₹1,167.54 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Excel Industries's Total Operating Expense for the three months ended in Mar. 2026 was ₹1,078 Mil. Excel Industries's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹4,195 Mil.


Excel Industries Total Operating Expense Related Terms


Excel Industries Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Excel Industries'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.

Excel Industries Total Operating Expense Chart

Excel Industries 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 3,628.76 3,510.61 3,212.87 3,863.36 4,195.19

Excel Industries 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 1,011.32 1,077.57 1,030.26 1,009.61 1,077.76
NSE:EXCELINDUS
72GF Score
Excel Industries Ltd NSE:EXCELINDUS
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Excel Industries 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 ₹4,195 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 ₹4,195 Mil mean?
Excel Industries (NSE:EXCELINDUS) has a Total Operating Expense of ₹4,195 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Excel Industries and its competitors.
Is Excel Industries' Total Operating Expense too high?
Excel Industries' current Total Operating Expense is ₹4,195 Mil. Overall, Excel Industries has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Excel Industries' Total Operating Expense compare to LIN and SHW?
Excel Industries' Total Operating Expense of ₹4,195 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 Excel Industries and its competitors. Excel Industries's current Total Operating Expense is ₹4,195 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excel Industries stock overvalued right now?
Based on GuruFocus' analysis, Excel Industries (NSE:EXCELINDUS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,167.54, compared to a current price of ₹938.15 — trading 19.6% below its estimated fair value. The current Total Operating Expense is ₹4,195 Mil. Excel Industries' overall GF Score™ is 72/100 with 5 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 Excel Industries (NSE:EXCELINDUS), the current Total Operating Expense is ₹4,195 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 Excel Industries (NSE:EXCELINDUS) Overvalued in 2026?

Based on GuruFocus' analysis, Excel Industries stock appears to be undervalued. The current stock price of ₹938.15 is trading 19.6% below its estimated GF Value™ of ₹1,167.54. GuruFocus considers Excel Industries to be Modestly Undervalued.

Key valuation signals for NSE:EXCELINDUS:

  • Total Operating Expense: ₹4,195 Mil
  • GF Value™: ₹1,167.54 vs. price of ₹938.15 (19.6% below fair value)
  • GF Score™: 72/100 with 5 warning signs

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


Excel Industries Business Description

Other Exchanges 500650:India
Address 184-87, Swami Vivekanand Road, Jogeshwari (West), Mumbai, MH, IND, 400 102
Excel Industries Ltd is a chemical manufacturer based in India. The company is organized into two business segments namely; Chemicals segment which comprises of manufacture of speciality chemicals, intermediates and actives catering to various end user segments like Agrochemicals, Water Treatment, Soaps & Detergents, Lube Oil Additives, Mining Chemicals, Polymer Additives and Pharmaceuticals; and Environment and Biotech segment which comprises of Organic waste management composting, Municipal solid waste management, Plastic waste management and Construction and demolition waste management. The majority of its revenues come from Chemicals segment. It generates maximum revenue from within India.
72GF Score

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

₹938.15
Price
₹1,167.54
GF Value