Ratnamani Metals & Tubes (NSE:RATNAMANI) Goodwill: ₹186 Mil (As of Mar. 2026)


NSE:RATNAMANI Ratnamani Metals & Tubes Ltd NSE:RATNAMANI
97 GF Score
Price ₹2,603.00
GF Value ₹2,646.85
Valuation Fairly Valued
! 3 Warning Signs
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What is Ratnamani Metals & Tubes Goodwill?

Ratnamani Metals & Tubes NSE:RATNAMANI +1.07% 97 Goodwill is ₹186 Mil as of Mar. 2026. GuruFocus rates NSE:RATNAMANI with a GF Score™ of 97/100 and a GF Value™ of ₹2,646.85 (Fairly Valued). The stock has 3 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. Ratnamani Metals & Tubes's goodwill for the quarter that ended in Mar. 2026 was ₹186 Mil.


Ratnamani Metals & Tubes  (NSE:RATNAMANI) 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.

Ratnamani Metals & Tubes'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
=186.397/53876.044
=0.00

Ratnamani Metals & Tubes'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
=186.397/53876.044
=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.


Ratnamani Metals & Tubes Goodwill Related Terms


Ratnamani Metals & Tubes Goodwill Historical Data

* Premium members only.

The historical data trend for Ratnamani Metals & Tubes'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.

Ratnamani Metals & Tubes Goodwill Chart

Ratnamani Metals & Tubes 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 0.00 186.40 186.40 225.17 186.40

Ratnamani Metals & Tubes 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 225.17 0.00 186.40 0.00 186.40
NSE:RATNAMANI
97GF Score
Ratnamani Metals & Tubes Ltd NSE:RATNAMANI
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Ratnamani Metals & Tubes 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 ₹186 Mil mean?
Ratnamani Metals & Tubes (NSE:RATNAMANI) has a Goodwill of ₹186 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 Ratnamani Metals & Tubes and its competitors.
Is Ratnamani Metals & Tubes' Goodwill too high?
Ratnamani Metals & Tubes' current Goodwill is ₹186 Mil. Overall, Ratnamani Metals & Tubes has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ratnamani Metals & Tubes' Goodwill compare to NUE and STLD?
Ratnamani Metals & Tubes' Goodwill of ₹186 Mil can be compared against companies in the Steel 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 Steel company?
A good Goodwill depends on the Steel 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 Ratnamani Metals & Tubes and its competitors. Ratnamani Metals & Tubes's current Goodwill is ₹186 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratnamani Metals & Tubes stock overvalued right now?
Based on GuruFocus' analysis, Ratnamani Metals & Tubes (NSE:RATNAMANI) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,646.85, compared to a current price of ₹2,603.00 — trading 1.7% below its estimated fair value. The current Goodwill is ₹186 Mil. Ratnamani Metals & Tubes' overall GF Score™ is 97/100 with 3 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 Ratnamani Metals & Tubes (NSE:RATNAMANI), the current Goodwill is ₹186 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 Ratnamani Metals & Tubes (NSE:RATNAMANI) Overvalued in 2026?

Based on GuruFocus' analysis, Ratnamani Metals & Tubes stock appears to be undervalued. The current stock price of ₹2,603.00 is trading 1.7% below its estimated GF Value™ of ₹2,646.85. GuruFocus considers Ratnamani Metals & Tubes to be Fairly Valued.

Key valuation signals for NSE:RATNAMANI:

  • Goodwill: ₹186 Mil
  • GF Value™: ₹2,646.85 vs. price of ₹2,603.00 (1.7% below fair value)
  • GF Score™: 97/100 with 3 warning signs

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


Ratnamani Metals & Tubes Business Description

Other Exchanges 520111:India
Address The First Avenue Road, Off 132 Ft Ring Road, The First, A & B Wing, 9th Floor, Behind Keshav Baug Party Plot, Vastrapur, Ahmedabad, GJ, IND, 380015
Ratnamani Metals & Tubes Ltd is a manufacturer of stainless steel pipes, tubes, and carbon steel pipes. The company's product mix consists of stainless steel tubes and pipes, carbon steel pipes, and external and internal coating solutions. It operates in the Steel Tubes and Pipes segment. The company's end market by revenue is India. The firm's manufacturing facilities are located in Kutch, Indrad, and Chhatral in the state of Gujarat.
97GF Score

Get the complete analysis for NSE:RATNAMANI

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

₹2,603.00
Price
₹2,646.85
GF Value