Royale Manor Hotels & Industries (BOM:526640) Goodwill: ₹0.0 Mil (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.

BOM:526640 Royale Manor Hotels & Industries Ltd BOM:526640
76 GF Score
Price ₹28.49
GF Value ₹38.99
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Royale Manor Hotels & Industries Goodwill?

Royale Manor Hotels & Industries BOM:526640 -4.01% 76 Goodwill is ₹0.0 Mil as of Mar. 2026. GuruFocus rates BOM:526640 with a GF Score™ of 76/100 and a GF Value™ of ₹38.99 (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. Royale Manor Hotels & Industries's goodwill for the quarter that ended in Mar. 2026 was ₹0.0 Mil.


Royale Manor Hotels & Industries  (BOM:526640) 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.

Royale Manor Hotels & 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
=0/747.754
=0.00

Royale Manor Hotels & 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
=0/747.754
=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.


Royale Manor Hotels & Industries Goodwill Related Terms


Royale Manor Hotels & Industries Goodwill Historical Data

* Premium members only.

The historical data trend for Royale Manor Hotels & 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.

Royale Manor Hotels & Industries Goodwill Chart

Royale Manor Hotels & Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Royale Manor Hotels & 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:526640
76GF Score
Royale Manor Hotels & Industries Ltd BOM:526640
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Royale Manor Hotels & 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?
Royale Manor Hotels & Industries (BOM:526640) 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 Royale Manor Hotels & Industries and its competitors.
Is Royale Manor Hotels & Industries' Goodwill too high?
Royale Manor Hotels & Industries' current Goodwill is ₹0.0 Mil. Overall, Royale Manor Hotels & Industries has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Royale Manor Hotels & Industries' Goodwill compare to MAR and HLT?
Royale Manor Hotels & Industries' Goodwill of ₹0.0 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Goodwill depends on the Travel & Leisure 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 Royale Manor Hotels & Industries and its competitors. Royale Manor Hotels & 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 Royale Manor Hotels & Industries stock overvalued right now?
Based on GuruFocus' analysis, Royale Manor Hotels & Industries (BOM:526640) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹38.99, compared to a current price of ₹28.49 — trading 26.9% below its estimated fair value. The current Goodwill is ₹0.0 Mil. Royale Manor Hotels & Industries' overall GF Score™ is 76/100 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 Royale Manor Hotels & Industries (BOM:526640), 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 Royale Manor Hotels & Industries (BOM:526640) Overvalued in 2026?

Based on GuruFocus' analysis, Royale Manor Hotels & Industries stock appears to be undervalued. The current stock price of ₹28.49 is trading 26.9% below its estimated GF Value™ of ₹38.99. GuruFocus considers Royale Manor Hotels & Industries to be Modestly Undervalued.

Key valuation signals for BOM:526640:

  • Goodwill: ₹0.0 Mil
  • GF Value™: ₹38.99 vs. price of ₹28.49 (26.9% below fair value)
  • GF Score™: 76/100 with 2 warning signs

No single metric tells the full story. See the BOM:526640 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Royale Manor Hotels & Industries Business Description

Address International Airport Circle, Ahmedabad, IND, 382475
Royale Manor Hotels & Industries Ltd is an India-based company engaged in short-term accommodation activities and restaurants without bars. The company operates a five-star hotel in Ahmedabad. It has only one segment; the Hotel business and within one geographical segment; India.
76GF Score

Get the complete analysis for BOM:526640

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

₹28.49
Price
₹38.99
GF Value