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NINtec Systems (BOM:539843) Retained Earnings : ₹0.0 Mil (As of Sep. 2023)


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What is NINtec Systems Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NINtec Systems's retained earnings for the quarter that ended in Sep. 2023 was ₹0.0 Mil.

NINtec Systems's quarterly retained earnings increased from Sep. 2022 (₹0.0 Mil) to Mar. 2023 (₹91.3 Mil) but then declined from Mar. 2023 (₹91.3 Mil) to Sep. 2023 (₹0.0 Mil).

NINtec Systems's annual retained earnings increased from Mar. 2022 (₹71.8 Mil) to Mar. 2023 (₹91.3 Mil) but then declined from Mar. 2023 (₹91.3 Mil) to Mar. 2024 (₹0.0 Mil).


NINtec Systems Retained Earnings Historical Data

The historical data trend for NINtec Systems'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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NINtec Systems Retained Earnings Chart

NINtec Systems Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 31.30 44.40 71.83 91.32 -

NINtec Systems Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 71.83 - 91.32 - -

NINtec Systems 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.


NINtec Systems  (BOM:539843) 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.


NINtec Systems (BOM:539843) Business Description

Traded in Other Exchanges
Address
S.G. Highway, B-11, Corporate House, Bodakdev, Ahmedabad, GJ, IND, 380054
NINtec Systems Ltd is an offshore software development services and solutions company. The firm is involved in computer programming, consultancy, and related activities. The company provides services like Application Development and Maintenance, Strategic Offshore Software Product Development, Legacy System Development and Software Migration, and Search Engine Optimization. The firm specializes in areas of Dot Net Development, Game Development, PHP Development, ERP Wireless, Mobile and WAP Development. The group has also integrated cloud services into its existing business platform. The company serves industries such as Automotive, Print media and Publishing, Banking, Financial Services, and Insurance, and Transportation and Logistics sector.

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