Shah Alloys (BOM:513436) Retained Earnings : ₹0 Mil (As of Dec. 2023)

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What is Shah Alloys Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Shah Alloys's retained earnings for the quarter that ended in Dec. 2023 was ₹0 Mil.

Shah Alloys's annual retained earnings increased from Mar. 2021 (₹-6,407 Mil) to Mar. 2022 (₹-5,586 Mil) and increased from Mar. 2022 (₹-5,586 Mil) to Mar. 2023 (₹-5,562 Mil).

Shah Alloys Retained Earnings Historical Data

The historical data trend for Shah Alloys's Retained Earnings 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.

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Shah Alloys Retained Earnings Chart

Shah Alloys Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

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-6,406.84

-5,909.24

-6,407.20

-5,586.14

-5,561.54

Shah Alloys Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-	-5,561.54	-	-	-

Shah Alloys Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Shah Alloys (BOM:513436) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Shah Alloys (BOM:513436) Business Description

Industry

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SHAHALLOYS:India

Address

Shah Alloys Corporate House, Sola-Kalol Road, Village Santej, Taluka Kalol, Gandhinagar, GJ, IND, 382 721

Website

http://www.shahalloys.com

Shah Alloys Ltd manufactures and supplies steel in India. The company is engaged in manufacturing of Stainless steel, Alloys and Special steel, Carbon/mild steel and Armour steel in Flat and long products. The product offered by the group includes hot rolled coils, hot rolled sheets, and plates, cold rolled coils and sheets, hot rolled round bars, hot rolled flat bars, angles, bright/peeled bars, beams, and angles. The firm generates a majority of its revenue from the sale of Iron and Steel products which includes Bars, Beams, Flat, Plate and Coil, Slab and Billets.

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