Trade Wings (BOM:509953) Retained Earnings: ₹0 Mil (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:509953 Trade Wings Ltd BOM:509953
43 GF Score
Price ₹475.20
GF Value ₹52.82
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Trade Wings Retained Earnings?

Trade Wings BOM:509953 -1.99% 43 Retained Earnings is ₹0 Mil as of Jun. 2026. GuruFocus rates BOM:509953 with a GF Score™ of 43/100 and a GF Value™ of ₹52.82 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Trade Wings's retained earnings for the quarter that ended in Jun. 2026 was ₹0 Mil.

Trade Wings's quarterly retained earnings declined from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹-106 Mil) but then increased from Mar. 2026 (₹-106 Mil) to Jun. 2026 (₹0 Mil).

Trade Wings's annual retained earnings increased from Mar. 2024 (₹-169 Mil) to Mar. 2025 (₹-130 Mil) and increased from Mar. 2025 (₹-130 Mil) to Mar. 2026 (₹-106 Mil).


Trade Wings  (BOM:509953) 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.


Trade Wings Retained Earnings Historical Data

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The historical data trend for Trade Wings'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.

Trade Wings Retained Earnings Chart

Trade Wings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -198.75 -168.52 -130.33 -106.22

Trade Wings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 -106.22 0.00
BOM:509953
43GF Score
Trade Wings Ltd BOM:509953
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Trade Wings 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ₹0 Mil mean?
Trade Wings (BOM:509953) has a Retained Earnings of ₹0 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Trade Wings and its competitors.
Is Trade Wings' Retained Earnings too high?
Trade Wings' current Retained Earnings is ₹0 Mil. Overall, Trade Wings has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trade Wings' Retained Earnings compare to BKNG and ABNB?
Trade Wings' Retained Earnings of ₹0 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Travel & Leisure company?
A good Retained Earnings depends on the Travel & Leisure industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Trade Wings and its competitors. Trade Wings's current Retained Earnings is ₹0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trade Wings stock overvalued right now?
Based on GuruFocus' analysis, Trade Wings (BOM:509953) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹52.82, compared to a current price of ₹475.20 — trading 799.7% above its estimated fair value. The current Retained Earnings is ₹0 Mil. Trade Wings' overall GF Score™ is 43/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Trade Wings (BOM:509953), the current Retained Earnings is ₹0 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Trade Wings (BOM:509953) Overvalued in 2026?

Based on GuruFocus' analysis, Trade Wings stock appears to be overvalued. The current stock price of ₹475.20 is trading 799.7% above its estimated GF Value™ of ₹52.82. GuruFocus considers Trade Wings to be Significantly Overvalued.

Key valuation signals for BOM:509953:

  • Retained Earnings: ₹0 Mil
  • GF Value™: ₹52.82 vs. price of ₹475.20 (799.7% above fair value)
  • GF Score™: 43/100 with 2 warning signs

No single metric tells the full story. See the BOM:509953 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trade Wings Business Description

Address A-2 Kaveri CHS, Plot No.63, Sector 17, Vashi, Navi Mumbai, MH, IND, 400 705
Trade Wings Ltd is an India based company operating in the tourism industry. Its services include Business Travel, Leisure Travel, Hospitality, Logistics, and others. The company's operating segment includes Cargo and Others and Travel Related Services. It derives maximum revenue from the Travel Related Services segment.
43GF Score

Get the complete analysis for BOM:509953

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹475.20
Price
₹52.82
GF Value