Ramkrishna Forgings (NSE:RKFORGE) Goodwill: ₹707 Mil (As of Mar. 2026)


NSE:RKFORGE Ramkrishna Forgings Ltd NSE:RKFORGE
84 GF Score
Price ₹562.90
GF Value ₹788.16
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Ramkrishna Forgings Goodwill?

Ramkrishna Forgings NSE:RKFORGE -0.35% 84 Goodwill is ₹707 Mil as of Mar. 2026. GuruFocus rates NSE:RKFORGE with a GF Score™ of 84/100 and a GF Value™ of ₹788.16 (Modestly Undervalued). The stock has 5 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. Ramkrishna Forgings's goodwill for the quarter that ended in Mar. 2026 was ₹707 Mil.


Ramkrishna Forgings  (NSE:RKFORGE) 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.

Ramkrishna Forgings'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
=706.685/71779.524
=0.01

Ramkrishna Forgings'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
=706.685/71779.524
=0.01

* 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.


Ramkrishna Forgings Goodwill Related Terms


Ramkrishna Forgings Goodwill Historical Data

* Premium members only.

The historical data trend for Ramkrishna Forgings'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.

Ramkrishna Forgings Goodwill Chart

Ramkrishna Forgings 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 50.32 50.32 757.00 706.69 706.69

Ramkrishna Forgings 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 706.69 0.00 706.69 0.00 706.69
NSE:RKFORGE
84GF Score
Ramkrishna Forgings Ltd NSE:RKFORGE
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Ramkrishna Forgings 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 ₹707 Mil mean?
Ramkrishna Forgings (NSE:RKFORGE) has a Goodwill of ₹707 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 Ramkrishna Forgings and its competitors.
Is Ramkrishna Forgings' Goodwill too high?
Ramkrishna Forgings' current Goodwill is ₹707 Mil. Overall, Ramkrishna Forgings has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ramkrishna Forgings' Goodwill compare to CRS and ATI?
Ramkrishna Forgings' Goodwill of ₹707 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Goodwill depends on the Industrial Products 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 Ramkrishna Forgings and its competitors. Ramkrishna Forgings's current Goodwill is ₹707 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramkrishna Forgings stock overvalued right now?
Based on GuruFocus' analysis, Ramkrishna Forgings (NSE:RKFORGE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹788.16, compared to a current price of ₹562.90 — trading 28.6% below its estimated fair value. The current Goodwill is ₹707 Mil. Ramkrishna Forgings' overall GF Score™ is 84/100 with 5 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 Ramkrishna Forgings (NSE:RKFORGE), the current Goodwill is ₹707 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 Ramkrishna Forgings (NSE:RKFORGE) Overvalued in 2026?

Based on GuruFocus' analysis, Ramkrishna Forgings stock appears to be undervalued. The current stock price of ₹562.90 is trading 28.6% below its estimated GF Value™ of ₹788.16. GuruFocus considers Ramkrishna Forgings to be Modestly Undervalued.

Key valuation signals for NSE:RKFORGE:

  • Goodwill: ₹707 Mil
  • GF Value™: ₹788.16 vs. price of ₹562.90 (28.6% below fair value)
  • GF Score™: 84/100 with 5 warning signs

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


Ramkrishna Forgings Business Description

Other Exchanges 532527:India
Address 23, Circus Avenue, 9th Floor, Kolkata, WB, IND, 700 017
Ramkrishna Forgings Ltd is an Indian-based company, that engages in the manufacture of forgings and production of metal products. Its product portfolio includes engine components, front and rear axle components, transmission components, crown wheels and bellcrank assemblies, and others. The company's forgings are used in various industries and sectors, including automotive, earth moving and mining, farm equipment, general engineering, railways, steel plants, and others. Geographically the company caters its services to both domestic and overseas markets.
84GF Score

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

₹562.90
Price
₹788.16
GF Value