Hanman Fit (BOM:538731) Goodwill: ₹0.00 Mil (As of Mar. 2026)

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BOM:538731 Hanman Fit Ltd BOM:538731
31 GF Score
Price ₹4.09
! 2 Warning Signs
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What is Hanman Fit Goodwill?

Hanman Fit BOM:538731 31 Goodwill is ₹0.00 Mil as of Mar. 2026. GuruFocus rates BOM:538731 with a GF Score™ of 31/100. 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. Hanman Fit's goodwill for the quarter that ended in Mar. 2026 was ₹0.00 Mil.


Hanman Fit  (BOM:538731) 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.

Hanman Fit'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
=0/25.979
=0.00

Hanman Fit'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
=0/25.979
=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.


Hanman Fit Goodwill Related Terms


Hanman Fit Goodwill Historical Data

* Premium members only.

The historical data trend for Hanman Fit'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.

Hanman Fit Goodwill Chart

Hanman Fit Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Goodwill
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Hanman Fit Semi-Annual Data
Sep15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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:538731
31GF Score
Hanman Fit Ltd BOM:538731
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Hanman Fit 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?
Hanman Fit (BOM:538731) 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 Hanman Fit and its competitors.
Is Hanman Fit's Goodwill too high?
Hanman Fit's current Goodwill is ₹0.00 Mil. Overall, Hanman Fit has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Hanman Fit's Goodwill compare to AS and HAS?
Hanman Fit's Goodwill of ₹0.00 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 Hanman Fit and its competitors. Hanman Fit'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 Hanman Fit stock overvalued right now?
Hanman Fit (BOM:538731) has a current Goodwill of ₹0.00 Mil. The current Goodwill is ₹0.00 Mil. Hanman Fit's overall GF Score™ is 31/100 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 Hanman Fit (BOM:538731), 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.

Hanman Fit Business Description

Address JVPD Scheme Plot No. 1, N.S. Road, No. 10, 702 Concord CHS Ltd, Juhu Circule, Near Shiv Sagar Hotel, Vile Parle West, Mumbai, MH, IND, 400056
Hanman Fit Ltd is involved in the gym business and also engaged in trading activities. It is mainly focused on providing gymming experience, facilitated by the professional trainers. The company provides diverse fitness services apart from the standard gymming and fitness solutions like Zumba Programme, Spa, Massage, Aerobics, Yoga, Physiotherapy, and many more. It generates revenue mainly from charging gym membership fees from customers.
31GF Score

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

₹4.09
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