GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Rajapalayam Mills Ltd (BOM:532503) » Definitions » Retained Earnings

Rajapalayam Mills (BOM:532503) Retained Earnings : ₹0 Mil (As of Mar. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Rajapalayam Mills Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Rajapalayam Mills's retained earnings for the quarter that ended in Mar. 2024 was ₹0 Mil.

Rajapalayam Mills's annual retained earnings increased from Mar. 2022 (₹1,794 Mil) to Mar. 2023 (₹2,351 Mil) but then declined from Mar. 2023 (₹2,351 Mil) to Mar. 2024 (₹0 Mil).


Rajapalayam Mills Retained Earnings Historical Data

The historical data trend for Rajapalayam Mills'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.

* Premium members only.

Rajapalayam Mills Retained Earnings Chart

Rajapalayam Mills Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 320.00 50.17 1,793.54 2,350.79 -

Rajapalayam Mills Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings 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 2,350.79 - - - -

Rajapalayam Mills 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.


Rajapalayam Mills  (BOM:532503) 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.


Rajapalayam Mills (BOM:532503) Business Description

Traded in Other Exchanges
N/A
Address
Rajapalayam Mills Premises, Post Box No. 1, P.A.C. Ramasamy Raja Salai, Rajapalayam, TN, IND, 626117
Rajapalayam Mills Ltd is an India-based company engaged in the manufacture of yarn and fabrics. The operates in segments namely, Textiles and Windmills. The Textiles segment of the company offers ring yarn, compact yarn, Elitwist compact yarn, TFO doubled yarn, gassed yarn, slub, and multicount yarn, model/Tencel yarn, open-end yarn, and organic cotton yarn, and the windmills segment engaged in the generation of power from windmills. The firm generates a majority of its revenue from the textile segment.

Rajapalayam Mills (BOM:532503) Headlines

No Headlines