First Fintec (BOM:532379) Goodwill: ₹83.83 Mil (As of Mar. 2026)

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BOM:532379 First Fintec Ltd BOM:532379
60 GF Score
Price ₹6.55
GF Value ₹6.92
Valuation Fairly Valued
! 2 Warning Signs
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What is First Fintec Goodwill?

First Fintec BOM:532379 -0.76% 60 Goodwill is ₹83.83 Mil as of Mar. 2026. GuruFocus rates BOM:532379 with a GF Score™ of 60/100 and a GF Value™ of ₹6.92 (Fairly Valued). 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. First Fintec's goodwill for the quarter that ended in Mar. 2026 was ₹83.83 Mil.


First Fintec  (BOM:532379) 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.

First Fintec'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
=83.83/123.97
=0.68

First Fintec'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
=83.83/123.97
=0.68

* 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.


First Fintec Goodwill Related Terms


First Fintec Goodwill Historical Data

* Premium members only.

The historical data trend for First Fintec'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.

First Fintec Goodwill Chart

First Fintec 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 83.83 83.83 83.83 83.83 83.83

First Fintec 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 83.83 0.00 83.83 0.00 83.83
BOM:532379
60GF Score
First Fintec Ltd BOM:532379
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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First Fintec 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 ₹83.83 Mil mean?
First Fintec (BOM:532379) has a Goodwill of ₹83.83 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 First Fintec and its competitors.
Is First Fintec's Goodwill too high?
First Fintec's current Goodwill is ₹83.83 Mil. Overall, First Fintec has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Fintec's Goodwill compare to QH and SHOP?
First Fintec's Goodwill of ₹83.83 Mil can be compared against companies in the Software 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 Software company?
A good Goodwill depends on the Software 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 First Fintec and its competitors. First Fintec's current Goodwill is ₹83.83 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Fintec stock overvalued right now?
Based on GuruFocus' analysis, First Fintec (BOM:532379) is currently considered Fairly Valued. The stock's GF Value™ is ₹6.92, compared to a current price of ₹6.55 — trading 5.3% below its estimated fair value. The current Goodwill is ₹83.83 Mil. First Fintec's overall GF Score™ is 60/100 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 First Fintec (BOM:532379), the current Goodwill is ₹83.83 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 First Fintec (BOM:532379) Overvalued in 2026?

Based on GuruFocus' analysis, First Fintec stock appears to be undervalued. The current stock price of ₹6.55 is trading 5.3% below its estimated GF Value™ of ₹6.92. GuruFocus considers First Fintec to be Fairly Valued.

Key valuation signals for BOM:532379:

  • Goodwill: ₹83.83 Mil
  • GF Value™: ₹6.92 vs. price of ₹6.55 (5.3% below fair value)
  • GF Score™: 60/100 with 2 warning signs

No single metric tells the full story. See the BOM:532379 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Fintec Business Description

Address Dr. R.C. Marg, 302, The Bureau Chambers, Above State Bank of India, Chembur (East), Mumbai, MH, IND, 400071
First Fintec Ltd is an Information technology (IT), Information technology-enabled services(ITES), and e-education company that offers business, technology, and process consulting and services. The company operates in providing business process management and outsourcing strategies, enterprise resource planning software, and middle and back-office support to capital market arms of banks, educational institutions, and manufacturing and service companies. The firm generates the majority of its revenue from software services, educational software in the form of e-content, and software products.
60GF Score

Get the complete analysis for BOM:532379

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

₹6.55
Price
₹6.92
GF Value