Garware Marine Industries (BOM:509563) Goodwill: ₹0.00 Mil (As of Mar. 2026)

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BOM:509563 Garware Marine Industries Ltd BOM:509563
62 GF Score
Price ₹21.15
GF Value ₹24.55
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Garware Marine Industries Goodwill?

Garware Marine Industries BOM:509563 -2.49% 62 Goodwill is ₹0.00 Mil as of Mar. 2026. GuruFocus rates BOM:509563 with a GF Score™ of 62/100 and a GF Value™ of ₹24.55 (Modestly Undervalued). The stock has 2 warning signs investors should review.

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Garware Marine Industries's goodwill for the quarter that ended in Mar. 2026 was ₹0.00 Mil.


Garware Marine Industries  (BOM:509563) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Garware Marine Industries's Goodwill-to-Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Goodwill-to-Asset (A: Mar. 2026 )=Goodwill/Total Assets
=0/106.241
=0.00

Garware Marine Industries's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill-to-Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=0/106.241
=0.00

* 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.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Garware Marine Industries Goodwill Related Terms


Garware Marine Industries Goodwill Historical Data

* Premium members only.

The historical data trend for Garware Marine Industries's Goodwill 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.

Garware Marine Industries Goodwill Chart

Garware Marine Industries Annual Data
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Garware Marine Industries Quarterly Data
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BOM:509563
62GF Score
Garware Marine Industries Ltd BOM:509563
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Garware Marine Industries Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of ₹0.00 Mil mean?
Garware Marine Industries (BOM:509563) has a Goodwill of ₹0.00 Mil as of Mar. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Garware Marine Industries and its competitors.
Is Garware Marine Industries' Goodwill too high?
Garware Marine Industries' current Goodwill is ₹0.00 Mil. Overall, Garware Marine Industries has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Garware Marine Industries' Goodwill compare to SPCX and GE?
Garware Marine Industries' Goodwill of ₹0.00 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 Goodwill for an Aerospace & Defense company?
A good Goodwill depends on the Aerospace & Defense industry context. However, Goodwill 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 Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Garware Marine Industries and its competitors. Garware Marine Industries's current Goodwill is ₹0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garware Marine Industries stock overvalued right now?
Based on GuruFocus' analysis, Garware Marine Industries (BOM:509563) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹24.55, compared to a current price of ₹21.15 — trading 13.8% below its estimated fair value. The current Goodwill is ₹0.00 Mil. Garware Marine Industries' overall GF Score™ is 62/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For Garware Marine Industries (BOM:509563), the current Goodwill is ₹0.00 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 Garware Marine Industries (BOM:509563) Overvalued in 2026?

Based on GuruFocus' analysis, Garware Marine Industries stock appears to be undervalued. The current stock price of ₹21.15 is trading 13.8% below its estimated GF Value™ of ₹24.55. GuruFocus considers Garware Marine Industries to be Modestly Undervalued.

Key valuation signals for BOM:509563:

  • Goodwill: ₹0.00 Mil
  • GF Value™: ₹24.55 vs. price of ₹21.15 (13.8% below fair value)
  • GF Score™: 62/100 with 2 warning signs

No single metric tells the full story. See the BOM:509563 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Garware Marine Industries Business Description

Address D.N. Road, 03rd Floor, Prospect Chambers, Fort, Mumbai, MH, IND, 400 001
Garware Marine Industries Ltd is an India-based company engaged in the repair of vessels. The principal product/service includes ship repair services. The ship repair services provided by the company include Pump overhauls, Engine overhauls, Hydraulic repairs, gearbox repair, and Pipeline and other marine fabrication jobs.
62GF Score

Get the complete analysis for BOM:509563

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

₹21.15
Price
₹24.55
GF Value