Khandwala Securities (NSE:KHANDSE) Goodwill: ₹25.98 Mil (As of Mar. 2026)


NSE:KHANDSE Khandwala Securities Ltd NSE:KHANDSE
69 GF Score
Price ₹17.79
GF Value ₹22.55
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Khandwala Securities Goodwill?

Khandwala Securities NSE:KHANDSE +1.37% 69 Goodwill is ₹25.98 Mil as of Mar. 2026. GuruFocus rates NSE:KHANDSE with a GF Score™ of 69/100 and a GF Value™ of ₹22.55 (Modestly Undervalued). The stock has 4 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. Khandwala Securities's goodwill for the quarter that ended in Mar. 2026 was ₹25.98 Mil.


Khandwala Securities  (NSE:KHANDSE) 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.

Khandwala Securities'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
=25.977/405.887
=0.06

Khandwala Securities'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
=25.977/405.887
=0.06

* 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.


Khandwala Securities Goodwill Related Terms


Khandwala Securities Goodwill Historical Data

* Premium members only.

The historical data trend for Khandwala Securities'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.

Khandwala Securities Goodwill Chart

Khandwala Securities 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 25.98 25.98 25.98 25.98 25.98

Khandwala Securities 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 25.98 0.00 25.98 0.00 25.98
NSE:KHANDSE
69GF Score
Khandwala Securities Ltd NSE:KHANDSE
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Khandwala Securities 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 ₹25.98 Mil mean?
Khandwala Securities (NSE:KHANDSE) has a Goodwill of ₹25.98 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 Khandwala Securities and its competitors.
Is Khandwala Securities' Goodwill too high?
Khandwala Securities' current Goodwill is ₹25.98 Mil. Overall, Khandwala Securities has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Khandwala Securities' Goodwill compare to MS and GS?
Khandwala Securities' Goodwill of ₹25.98 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Goodwill depends on the Capital Markets 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 Khandwala Securities and its competitors. Khandwala Securities's current Goodwill is ₹25.98 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Khandwala Securities stock overvalued right now?
Based on GuruFocus' analysis, Khandwala Securities (NSE:KHANDSE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹22.55, compared to a current price of ₹17.79 — trading 21.1% below its estimated fair value. The current Goodwill is ₹25.98 Mil. Khandwala Securities' overall GF Score™ is 69/100 with 4 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 Khandwala Securities (NSE:KHANDSE), the current Goodwill is ₹25.98 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 Khandwala Securities (NSE:KHANDSE) Overvalued in 2026?

Based on GuruFocus' analysis, Khandwala Securities stock appears to be undervalued. The current stock price of ₹17.79 is trading 21.1% below its estimated GF Value™ of ₹22.55. GuruFocus considers Khandwala Securities to be Modestly Undervalued.

Key valuation signals for NSE:KHANDSE:

  • Goodwill: ₹25.98 Mil
  • GF Value™: ₹22.55 vs. price of ₹17.79 (21.1% below fair value)
  • GF Score™: 69/100 with 4 warning signs

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


Khandwala Securities Business Description

Other Exchanges 531892:India
Address Nariman Point, G-II, Ground Floor, Dalamal House, Mumbai, MH, IND, 400021
Khandwala Securities Ltd is engaged in the capital market business sector. The company offers services such as stock broking, investment banking, portfolio management, research and analysis, and investment advisory, among others. The company is organized into two segments: Fee-based and Investment/Trading in Stock. The Fee-based division provides financial advisory services for mergers and acquisitions, equity and debt issue management, portfolio management, and broking. The Investment and Stock division carries out trading, investing, and speculation activities in capital markets (debt and equity) for the company. The majority of the company's revenue is generated from its Fee-based operations.
69GF Score

Get the complete analysis for NSE:KHANDSE

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

₹17.79
Price
₹22.55
GF Value