Pradeep Metals (BOM:513532) Retained Earnings : ₹0 Mil (As of Sep. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Pradeep Metals Retained Earnings?

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

Pradeep Metals's quarterly retained earnings declined from Mar. 2024 (₹940 Mil) to Jun. 2024 (₹0 Mil) but then stayed the same from Jun. 2024 (₹0 Mil) to Sep. 2024 (₹0 Mil).

Pradeep Metals's annual retained earnings increased from Mar. 2022 (₹515 Mil) to Mar. 2023 (₹734 Mil) and increased from Mar. 2023 (₹734 Mil) to Mar. 2024 (₹940 Mil).

Pradeep Metals Retained Earnings Historical Data

The historical data trend for Pradeep Metals'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.

Pradeep Metals Retained Earnings Chart

Pradeep Metals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

Get a 7-Day Free Trial

251.98

332.81

515.28

734.38

939.96

Pradeep Metals Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															-	-	939.96	-	-

Pradeep Metals 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.

Pradeep Metals (BOM:513532) 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.

Pradeep Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pradeep Metals Ltd (BOM:513532) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

R-205, MIDC, Rabale, TTC Industrial Area, Navi Mumbai, MH, IND, 400701

Website

https://www.pradeepmetals.com

Pradeep Metals Ltd is engaged in the manufacturing of closed die steel forgings and processing. The company also generates and supplies generated power from wind turbine generators and solar power generating systems to Maharashtra State Electricity Distribution Company Limited. A majority of revenue is earned through the Closed die forging and processing segments. The company also has a Power generation segment. The company serves various industry verticals such as instrumentation and flanges, valve components, and general engineering.

Pradeep Metals Headlines

No Headlines