GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Garden Reach Shipbuilders & Engineers Ltd (BOM:542011) » Definitions » Retained Earnings

Garden Reach Shipbuilders & Engineers (BOM:542011) Retained Earnings : ₹0 Mil (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Garden Reach Shipbuilders & Engineers Retained Earnings?

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

Garden Reach Shipbuilders & Engineers's annual retained earnings increased from Mar. 2021 (₹9,526 Mil) to Mar. 2022 (₹10,734 Mil) and increased from Mar. 2022 (₹10,734 Mil) to Mar. 2023 (₹12,293 Mil).


Garden Reach Shipbuilders & Engineers Retained Earnings Historical Data

The historical data trend for Garden Reach Shipbuilders & Engineers'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.

Garden Reach Shipbuilders & Engineers Retained Earnings Chart

Garden Reach Shipbuilders & Engineers Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,538.19 8,557.42 9,526.29 10,734.02 12,293.29

Garden Reach Shipbuilders & Engineers 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 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 - 12,293.29 - - -

Garden Reach Shipbuilders & Engineers 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.


Garden Reach Shipbuilders & Engineers  (BOM:542011) 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.


Garden Reach Shipbuilders & Engineers (BOM:542011) Business Description

Traded in Other Exchanges
Address
61, Garden Reach Road, GRSE Bhavan, Kolkata, WB, IND, 700 024
Garden Reach Shipbuilders & Engineers Ltd is an India based shipbuilding company. It is mainly engaged in the engineering and engine production activities. The company offers products and services in three verticals including shipbuilding, engineering, and, engine production. Its product portfolio includes deck machinery items, pumps, portable steel bridges, boat davits, anchors, mooring and dock capstans, and engines.

Garden Reach Shipbuilders & Engineers (BOM:542011) Headlines

No Headlines