Rishabh Instruments (NSE:RISHABH) Goodwill: ₹270 Mil (As of Mar. 2026)


NSE:RISHABH Rishabh Instruments Ltd NSE:RISHABH
56 GF Score
Price ₹645.75
GF Value ₹433.51
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Rishabh Instruments Goodwill?

Rishabh Instruments NSE:RISHABH +10.42% 56 Goodwill is ₹270 Mil as of Mar. 2026. GuruFocus rates NSE:RISHABH with a GF Score™ of 56/100 and a GF Value™ of ₹433.51 (Significantly Overvalued). The stock has 6 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. Rishabh Instruments's goodwill for the quarter that ended in Mar. 2026 was ₹270 Mil.


Rishabh Instruments  (NSE:RISHABH) 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.

Rishabh Instruments'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
=269.95/10027.64
=0.03

Rishabh Instruments'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
=269.95/10027.64
=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.


Rishabh Instruments Goodwill Related Terms


Rishabh Instruments Goodwill Historical Data

* Premium members only.

The historical data trend for Rishabh Instruments'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.

Rishabh Instruments Goodwill Chart

Rishabh Instruments Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Goodwill
Get a 7-Day Free Trial 210.57 213.42 220.92 304.13 269.95

Rishabh Instruments Quarterly Data
Mar21 Mar22 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 304.13 0.00 269.37 0.00 269.95
NSE:RISHABH
56GF Score
Rishabh Instruments Ltd NSE:RISHABH
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Rishabh Instruments 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 ₹270 Mil mean?
Rishabh Instruments (NSE:RISHABH) has a Goodwill of ₹270 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 Rishabh Instruments and its competitors.
Is Rishabh Instruments' Goodwill too high?
Rishabh Instruments' current Goodwill is ₹270 Mil. Overall, Rishabh Instruments has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rishabh Instruments' Goodwill compare to COHR and KEYS?
Rishabh Instruments' Goodwill of ₹270 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Goodwill depends on the Hardware 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 Rishabh Instruments and its competitors. Rishabh Instruments's current Goodwill is ₹270 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rishabh Instruments stock overvalued right now?
Based on GuruFocus' analysis, Rishabh Instruments (NSE:RISHABH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹433.51, compared to a current price of ₹645.75 — trading 49% above its estimated fair value. The current Goodwill is ₹270 Mil. Rishabh Instruments' overall GF Score™ is 56/100 with 6 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 Rishabh Instruments (NSE:RISHABH), the current Goodwill is ₹270 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 Rishabh Instruments (NSE:RISHABH) Overvalued in 2026?

Based on GuruFocus' analysis, Rishabh Instruments stock appears to be overvalued. The current stock price of ₹645.75 is trading 49% above its estimated GF Value™ of ₹433.51. GuruFocus considers Rishabh Instruments to be Significantly Overvalued.

Key valuation signals for NSE:RISHABH:

  • Goodwill: ₹270 Mil
  • GF Value™: ₹433.51 vs. price of ₹645.75 (49% above fair value)
  • GF Score™: 56/100 with 6 warning signs

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


Rishabh Instruments Business Description

Other Exchanges 543977:India
Address MIDC Satpur, F-31, Nasik, MH, IND, 422007
Rishabh Instruments Ltd is engaged in designing, developing, and manufacturing test and measuring instruments and industrial control products, and high-pressure aluminum die casting. Its product portfolio comprises analog panel meters, battery chargers, CAM switches, clamp meters, earth testers, isolators, transducers, etc. Geographically, the group generates maximum revenue from Europe (excluding Poland), followed by Poland, Asia, the USA, and other regions.
56GF Score

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

₹645.75
Price
₹433.51
GF Value