Nandan Denim (NSE:NDL) Goodwill: ₹0 Mil (As of Mar. 2026)


NSE:NDL Nandan Denim Ltd NSE:NDL
85 GF Score
Price ₹2.43
GF Value ₹3.64
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Nandan Denim Goodwill?

Nandan Denim NSE:NDL 85 Goodwill is ₹0 Mil as of Mar. 2026. GuruFocus rates NSE:NDL with a GF Score™ of 85/100 and a GF Value™ of ₹3.64 (Significantly 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. Nandan Denim's goodwill for the quarter that ended in Mar. 2026 was ₹0 Mil.


Nandan Denim  (NSE:NDL) 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.

Nandan Denim'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
=0/10316.145
=0.00

Nandan Denim'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
=0/10316.145
=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.


Nandan Denim Goodwill Related Terms


Nandan Denim Goodwill Historical Data

* Premium members only.

The historical data trend for Nandan Denim'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.

Nandan Denim Goodwill Chart

Nandan Denim Annual Data
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Nandan Denim Quarterly Data
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NSE:NDL
85GF Score
Nandan Denim Ltd NSE:NDL
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Nandan Denim 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?
Nandan Denim (NSE:NDL) 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 Nandan Denim and its competitors.
Is Nandan Denim's Goodwill too high?
Nandan Denim's current Goodwill is ₹0 Mil. Overall, Nandan Denim has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nandan Denim's Goodwill compare to competitors?
Nandan Denim's Goodwill of ₹0 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 Nandan Denim and its competitors. Nandan Denim'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 Nandan Denim stock overvalued right now?
Based on GuruFocus' analysis, Nandan Denim (NSE:NDL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹3.64, compared to a current price of ₹2.43 — trading 33.2% below its estimated fair value. The current Goodwill is ₹0 Mil. Nandan Denim's overall GF Score™ is 85/100 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 Nandan Denim (NSE:NDL), 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 Nandan Denim (NSE:NDL) Overvalued in 2026?

Based on GuruFocus' analysis, Nandan Denim stock appears to be undervalued. The current stock price of ₹2.43 is trading 33.2% below its estimated GF Value™ of ₹3.64. GuruFocus considers Nandan Denim to be Significantly Undervalued.

Key valuation signals for NSE:NDL:

  • Goodwill: ₹0 Mil
  • GF Value™: ₹3.64 vs. price of ₹2.43 (33.2% below fair value)
  • GF Score™: 85/100 with 4 warning signs

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


Nandan Denim Business Description

Other Exchanges 532641:India
Address Near Shivranjani Cross Road, Chiripal House, Satellite, Ahmedabad, GJ, IND, 380015
Nandan Denim Ltd is engaged in the manufacturing and sale of fabrics. Its product portfolio includes Regular Basic denim, Knit denim, Smart Casuals, Textured, Organic Cotton yarn, Blended yarn, and others. The majority of its revenue is generated from the Indian market and it also exports its products to other countries.
85GF Score

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

₹2.43
Price
₹3.64
GF Value