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Dollex Agrotech (NSE:DOLLEX) Retained Earnings : ₹0 Mil (As of Sep. 2023)


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What is Dollex Agrotech Retained Earnings?

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

Dollex Agrotech's quarterly retained earnings increased from Sep. 2022 (₹0 Mil) to Mar. 2023 (₹126 Mil) but then declined from Mar. 2023 (₹126 Mil) to Sep. 2023 (₹0 Mil).

Dollex Agrotech's annual retained earnings increased from Mar. 2021 (₹23 Mil) to Mar. 2022 (₹65 Mil) and increased from Mar. 2022 (₹65 Mil) to Mar. 2023 (₹126 Mil).


Dollex Agrotech Retained Earnings Historical Data

The historical data trend for Dollex Agrotech'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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Dollex Agrotech Retained Earnings Chart

Dollex Agrotech Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Retained Earnings
5.78 22.52 64.97 126.01

Dollex Agrotech Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Retained Earnings Get a 7-Day Free Trial 22.52 64.97 - 126.01 -

Dollex Agrotech 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.


Dollex Agrotech  (NSE:DOLLEX) 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.


Dollex Agrotech (NSE:DOLLEX) Business Description

Traded in Other Exchanges
N/A
Address
19/1 Manorama Ganj, 205, Naroli Arcade, Near Palasia Square, Indore, MP, IND, 452001
Dollex Agrotech Ltd is engaged in the business of manufacturing and trading sugar with captive power cogeneration capabilities. The company also produces and sells its by-products such as molasses, pressed, and bagasse. The bagasse is used to generate power. Further, it is engaged in power generation up to the captive power of 3 MW.

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