MSP Steel & Power (NSE:MSPL) Total Operating Expense: ₹4,938 Mil (TTM As of Mar. 2026)


NSE:MSPL MSP Steel & Power Ltd NSE:MSPL
55 GF Score
Price ₹40.38
GF Value ₹21.25
Valuation Significantly Overvalued
! 5 Warning Signs
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What is MSP Steel & Power Total Operating Expense?

MSP Steel & Power NSE:MSPL -1.92% 55 Total Operating Expense is ₹4,938 Mil as of Mar. 2026. GuruFocus rates NSE:MSPL with a GF Score™ of 55/100 and a GF Value™ of ₹21.25 (Significantly Overvalued). The stock has 5 warning signs investors should review.

MSP Steel & Power's Total Operating Expense for the three months ended in Mar. 2026 was ₹1,321 Mil. MSP Steel & Power's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹4,938 Mil.

MSP Steel & Power Total Operating Expense Related Terms

MSP Steel & Power Total Operating Expense Historical Data

* Premium members only.

The historical data trend for MSP Steel & Power'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.

MSP Steel & Power Total Operating Expense Chart

MSP Steel & Power 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 1,709.63 2,074.47 2,267.21 4,702.45 4,938.06

MSP Steel & Power 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 1,184.20 1,156.53 1,219.66 1,240.54 1,321.32
NSE:MSPL
55GF Score
MSP Steel & Power Ltd NSE:MSPL
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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MSP Steel & Power 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 ₹4,938 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 ₹4,938 Mil mean?
MSP Steel & Power (NSE:MSPL) has a Total Operating Expense of ₹4,938 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on MSP Steel & Power and its competitors.
Is MSP Steel & Power's Total Operating Expense too high?
MSP Steel & Power's current Total Operating Expense is ₹4,938 Mil. Overall, MSP Steel & Power has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MSP Steel & Power's Total Operating Expense compare to NUE and STLD?
MSP Steel & Power's Total Operating Expense of ₹4,938 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 MSP Steel & Power and its competitors. MSP Steel & Power's current Total Operating Expense is ₹4,938 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MSP Steel & Power stock overvalued right now?
Based on GuruFocus' analysis, MSP Steel & Power (NSE:MSPL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹21.25, compared to a current price of ₹40.38 — trading 90% above its estimated fair value. The current Total Operating Expense is ₹4,938 Mil. MSP Steel & Power's overall GF Score™ is 55/100 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 MSP Steel & Power (NSE:MSPL), the current Total Operating Expense is ₹4,938 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 MSP Steel & Power (NSE:MSPL) Overvalued in 2026?

Based on GuruFocus' analysis, MSP Steel & Power stock appears to be overvalued. The current stock price of ₹40.38 is trading 90% above its estimated GF Value™ of ₹21.25. GuruFocus considers MSP Steel & Power to be Significantly Overvalued.

Key valuation signals for NSE:MSPL:

  • Total Operating Expense: ₹4,938 Mil
  • GF Value™: ₹21.25 vs. price of ₹40.38 (90% above fair value)
  • GF Score™: 55/100 with 5 warning signs

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

MSP Steel & Power Business Description

Other Exchanges 532650:India
Address 770 Anandapur Road, South City Business Park, 10th Floor, Kolkata, WB, IND, 700107
MSP Steel & Power Ltd is engaged in the manufacturing of iron and steel products. It is also engaged in the generation and sale of power. Geographically, it derives a majority of its revenue from India. The company's product offerings include TMT Bar, structural steel, and pipes.
55GF Score

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

₹40.38
Price
₹21.25
GF Value