SPML Infra (NSE:SPMLINFRA) Total Operating Expense: ₹870 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.

NSE:SPMLINFRA SPML Infra Ltd NSE:SPMLINFRA
54 GF Score
Price ₹201.53
GF Value ₹111.80
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is SPML Infra Total Operating Expense?

SPML Infra NSE:SPMLINFRA -2.86% 54 Total Operating Expense is ₹870 Mil as of Mar. 2026. GuruFocus rates NSE:SPMLINFRA with a GF Score™ of 54/100 and a GF Value™ of ₹111.80 (Significantly Overvalued). The stock has 5 warning signs investors should review.

SPML Infra's Total Operating Expense for the three months ended in Mar. 2026 was ₹320 Mil. SPML Infra's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹870 Mil.


SPML Infra Total Operating Expense Related Terms


SPML Infra Total Operating Expense Historical Data

* Premium members only.

The historical data trend for SPML Infra'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.

SPML Infra Total Operating Expense Chart

SPML Infra 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 862.75 758.54 1,331.38 662.80 869.69

SPML Infra 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 161.80 159.13 202.29 188.33 319.94
NSE:SPMLINFRA
54GF Score
SPML Infra Ltd NSE:SPMLINFRA
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SPML Infra 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 ₹870 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 ₹870 Mil mean?
SPML Infra (NSE:SPMLINFRA) has a Total Operating Expense of ₹870 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on SPML Infra and its competitors.
Is SPML Infra's Total Operating Expense too high?
SPML Infra's current Total Operating Expense is ₹870 Mil. Overall, SPML Infra has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPML Infra's Total Operating Expense compare to PWR and FIX?
SPML Infra's Total Operating Expense of ₹870 Mil can be compared against companies in the Construction 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 Construction company?
A good Total Operating Expense depends on the Construction 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 SPML Infra and its competitors. SPML Infra's current Total Operating Expense is ₹870 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPML Infra stock overvalued right now?
Based on GuruFocus' analysis, SPML Infra (NSE:SPMLINFRA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹111.80, compared to a current price of ₹201.53 — trading 80.3% above its estimated fair value. The current Total Operating Expense is ₹870 Mil. SPML Infra's overall GF Score™ is 54/100 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 SPML Infra (NSE:SPMLINFRA), the current Total Operating Expense is ₹870 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 SPML Infra (NSE:SPMLINFRA) Overvalued in 2026?

Based on GuruFocus' analysis, SPML Infra stock appears to be overvalued. The current stock price of ₹201.53 is trading 80.3% above its estimated GF Value™ of ₹111.80. GuruFocus considers SPML Infra to be Significantly Overvalued.

Key valuation signals for NSE:SPMLINFRA:

  • Total Operating Expense: ₹870 Mil
  • GF Value™: ₹111.80 vs. price of ₹201.53 (80.3% above fair value)
  • GF Score™: 54/100 with 5 warning signs

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


SPML Infra Business Description

Other Exchanges 500402:India
Address 22, Camac Street, Block A, 3rd Floor, Kolkata, WB, IND, 700016
SPML Infra Ltd is an Indian-based infrastructure development company. It is engaged in providing infrastructure solutions for water management, water infrastructure development, wastewater treatment, power generation, transmission and distribution, solid waste management, and other civil infrastructures. The company's operating segment includes Construction, Hydro Power Generation, Waste Management, and Others. Geographically, it operates only in India.
54GF Score

Get the complete analysis for NSE:SPMLINFRA

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

₹201.53
Price
₹111.80
GF Value