Apar Industries (NSE:APARINDS) Goodwill: ₹0 Mil (As of Mar. 2026)


NSE:APARINDS Apar Industries Ltd NSE:APARINDS
84 GF Score
Price ₹14,154.00
GF Value ₹10,304.68
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Apar Industries Goodwill?

Apar Industries NSE:APARINDS -1.18% 84 Goodwill is ₹0 Mil as of Mar. 2026. GuruFocus rates NSE:APARINDS with a GF Score™ of 84/100 and a GF Value™ of ₹10,304.68 (Significantly Overvalued). The stock has 1 warning sign 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. Apar Industries's goodwill for the quarter that ended in Mar. 2026 was ₹0 Mil.


Apar Industries  (NSE:APARINDS) 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.

Apar 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
=0/137112.9
=0.00

Apar 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
=0/137112.9
=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.


Apar Industries Goodwill Related Terms


Apar Industries Goodwill Historical Data

* Premium members only.

The historical data trend for Apar 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.

Apar Industries Goodwill Chart

Apar Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
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Apar Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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NSE:APARINDS
84GF Score
Apar Industries Ltd NSE:APARINDS
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Apar 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 Mil mean?
Apar Industries (NSE:APARINDS) has a Goodwill of ₹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 Apar Industries and its competitors.
Is Apar Industries' Goodwill too high?
Apar Industries' current Goodwill is ₹0 Mil. Overall, Apar Industries has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apar Industries' Goodwill compare to VRT and BE?
Apar Industries' Goodwill of ₹0 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Goodwill depends on the Industrial Products 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 Apar Industries and its competitors. Apar Industries's current Goodwill is ₹0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apar Industries stock overvalued right now?
Based on GuruFocus' analysis, Apar Industries (NSE:APARINDS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹10,304.68, compared to a current price of ₹14,154.00 — trading 37.4% above its estimated fair value. The current Goodwill is ₹0 Mil. Apar Industries' overall GF Score™ is 84/100 with 1 warning sign 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 Apar Industries (NSE:APARINDS), the current Goodwill is ₹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 Apar Industries (NSE:APARINDS) Overvalued in 2026?

Based on GuruFocus' analysis, Apar Industries stock appears to be overvalued. The current stock price of ₹14,154.00 is trading 37.4% above its estimated GF Value™ of ₹10,304.68. GuruFocus considers Apar Industries to be Significantly Overvalued.

Key valuation signals for NSE:APARINDS:

  • Goodwill: ₹0 Mil
  • GF Value™: ₹10,304.68 vs. price of ₹14,154.00 (37.4% above fair value)
  • GF Score™: 84/100 with 1 warning sign

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


Apar Industries Business Description

Other Exchanges 532259:India
Address Sion-Trombay Road, Apar House, Building No. 4 and 5, Corporate Park, V. N. Purav Marg, Chembur, Mumbai, MH, IND, 400 071
Apar Industries Ltd is engaged in the business of manufacture and sale of conductors. The company's reportable segments include Conductor, Transformer & Specialities Oils and Power/Telecom Cables. It generates maximum revenue from the Conductor segment. Geographically, it derives a majority of its revenue from India. Its product categories include Transformer Oils, White Oils, Petroleum Jelly, Process Oils, Electrical cables, Elastomer and E-beam cables, Light duty cables and wires, Fibre optic cables, Automotive engine oils, Automotive gear oil, Transmission fluid, PICC conductors, Railway overhead conductors, Specialty wires.
84GF Score

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

₹14,154.00
Price
₹10,304.68
GF Value