Indo Count Industries (NSE:ICIL) Goodwill: ₹1,238 Mil (As of Mar. 2026)


NSE:ICIL Indo Count Industries Ltd NSE:ICIL
81 GF Score
Price ₹438.25
GF Value ₹355.42
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Indo Count Industries Goodwill?

Indo Count Industries NSE:ICIL +3.14% 81 Goodwill is ₹1,238 Mil as of Mar. 2026. GuruFocus rates NSE:ICIL with a GF Score™ of 81/100 and a GF Value™ of ₹355.42 (Modestly Overvalued). The stock has 9 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. Indo Count Industries's goodwill for the quarter that ended in Mar. 2026 was ₹1,238 Mil.


Indo Count Industries  (NSE:ICIL) 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.

Indo Count 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
=1238.162/44918.299
=0.03

Indo Count 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
=1238.162/44918.299
=0.03

* 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.


Indo Count Industries Goodwill Related Terms


Indo Count Industries Goodwill Historical Data

* Premium members only.

The historical data trend for Indo Count 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.

Indo Count Industries Goodwill Chart

Indo Count 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 0.00 856.04 1,238.16

Indo Count 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 856.04 0.00 1,159.27 0.00 1,238.16
NSE:ICIL
81GF Score
Indo Count Industries Ltd NSE:ICIL
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Indo Count 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 ₹1,238 Mil mean?
Indo Count Industries (NSE:ICIL) has a Goodwill of ₹1,238 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 Indo Count Industries and its competitors.
Is Indo Count Industries' Goodwill too high?
Indo Count Industries' current Goodwill is ₹1,238 Mil. Overall, Indo Count Industries has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indo Count Industries' Goodwill compare to competitors?
Indo Count Industries' Goodwill of ₹1,238 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Goodwill depends on the Manufacturing - Apparel & Accessories 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 Indo Count Industries and its competitors. Indo Count Industries's current Goodwill is ₹1,238 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Count Industries stock overvalued right now?
Based on GuruFocus' analysis, Indo Count Industries (NSE:ICIL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹355.42, compared to a current price of ₹438.25 — trading 23.3% above its estimated fair value. The current Goodwill is ₹1,238 Mil. Indo Count Industries' overall GF Score™ is 81/100 with 9 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 Indo Count Industries (NSE:ICIL), the current Goodwill is ₹1,238 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 Indo Count Industries (NSE:ICIL) Overvalued in 2026?

Based on GuruFocus' analysis, Indo Count Industries stock appears to be overvalued. The current stock price of ₹438.25 is trading 23.3% above its estimated GF Value™ of ₹355.42. GuruFocus considers Indo Count Industries to be Modestly Overvalued.

Key valuation signals for NSE:ICIL:

  • Goodwill: ₹1,238 Mil
  • GF Value™: ₹355.42 vs. price of ₹438.25 (23.3% above fair value)
  • GF Score™: 81/100 with 9 warning signs

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


Indo Count Industries Business Description

Other Exchanges 521016:India
Address NCPA Marg, 301, 3rd Floor, Arcadia, Nariman Point, Mumbai, MH, IND, 400021
Indo Count Industries Ltd is an India-based company principally engaged in the manufacturing and sale of textile products. The company manufactures and exports bed sheets, bed linen, utility bedding, pillowcases, fashion bedding, institutional bedding, comforters, quilts, decorative pillows, etc. Its products are marketed through brands like Pure Earth, Boutique Living, Atlas, Simply Put, Linen Closet, The Pure Collection, and Heirlooms of India. The company operates in a single segment and derives a majority of its revenue by exporting its products to countries like the United States of America, UAE, the United Kingdom, and others.
81GF Score

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

₹438.25
Price
₹355.42
GF Value