Minal Industries (BOM:522235) Goodwill: ₹0.0 Mil (As of Mar. 2026)


BOM:522235 Minal Industries Ltd BOM:522235
54 GF Score
Price ₹2.38
GF Value ₹3.97
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Minal Industries Goodwill?

Minal Industries BOM:522235 +1.71% 54 Goodwill is ₹0.0 Mil as of Mar. 2026. GuruFocus rates BOM:522235 with a GF Score™ of 54/100 and a GF Value™ of ₹3.97 (Significantly Undervalued). The stock has 3 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. Minal Industries's goodwill for the quarter that ended in Mar. 2026 was ₹0.0 Mil.


Minal Industries  (BOM:522235) 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.

Minal 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
=0/877.307
=0.00

Minal 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
=0/877.307
=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.


Minal Industries Goodwill Related Terms


Minal Industries Goodwill Historical Data

* Premium members only.

The historical data trend for Minal 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.

Minal Industries Goodwill Chart

Minal Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
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Minal Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Goodwill 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 0.00 0.00 0.00 0.00 0.00
BOM:522235
54GF Score
Minal Industries Ltd BOM:522235
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Minal 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 ₹0.0 Mil mean?
Minal Industries (BOM:522235) has a Goodwill of ₹0.0 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 Minal Industries and its competitors.
Is Minal Industries' Goodwill too high?
Minal Industries' current Goodwill is ₹0.0 Mil. Overall, Minal Industries has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Minal Industries' Goodwill compare to TPR?
Minal Industries' Goodwill of ₹0.0 Mil can be compared against companies in the Retail - Cyclical 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 a Retail - Cyclical company?
A good Goodwill depends on the Retail - Cyclical 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 Minal Industries and its competitors. Minal Industries's current Goodwill is ₹0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minal Industries stock overvalued right now?
Based on GuruFocus' analysis, Minal Industries (BOM:522235) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹3.97, compared to a current price of ₹2.38 — trading 40.1% below its estimated fair value. The current Goodwill is ₹0.0 Mil. Minal Industries' overall GF Score™ is 54/100 with 3 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 Minal Industries (BOM:522235), the current Goodwill is ₹0.0 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 Minal Industries (BOM:522235) Overvalued in 2026?

Based on GuruFocus' analysis, Minal Industries stock appears to be undervalued. The current stock price of ₹2.38 is trading 40.1% below its estimated GF Value™ of ₹3.97. GuruFocus considers Minal Industries to be Significantly Undervalued.

Key valuation signals for BOM:522235:

  • Goodwill: ₹0.0 Mil
  • GF Value™: ₹3.97 vs. price of ₹2.38 (40.1% below fair value)
  • GF Score™: 54/100 with 3 warning signs

No single metric tells the full story. See the BOM:522235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Minal Industries Business Description

Address Off Sakivihar Road, 603- l Minal Co-Op Hsg So Ltd, Andheri (East), Mumbai, MH, IND, 400072
Minal Industries Ltd is a diamantaire, jewelry, and engineering company. The company is engaged in the business of manufacturing and selling gold jewelry, diamond-studded jewelry, and silver articles. Geographically, it derives a majority of its revenue from India. The company has one reportable segment, which is Manufacturing and Trading of Gems and Jewelry.
54GF Score

Get the complete analysis for BOM:522235

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

₹2.38
Price
₹3.97
GF Value