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Technofab Engineering (BOM:533216) Retained Earnings : ₹0 Mil (As of Sep. 2022)


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What is Technofab Engineering Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Technofab Engineering's retained earnings for the quarter that ended in Sep. 2022 was ₹0 Mil.

Technofab Engineering's quarterly retained earnings increased from Mar. 2022 (₹-3,551 Mil) to Jun. 2022 (₹0 Mil) but then stayed the same from Jun. 2022 (₹0 Mil) to Sep. 2022 (₹0 Mil).

Technofab Engineering's annual retained earnings declined from Mar. 2020 (₹-1,472 Mil) to Mar. 2021 (₹-2,751 Mil) and declined from Mar. 2021 (₹-2,751 Mil) to Mar. 2022 (₹-3,551 Mil).


Technofab Engineering Retained Earnings Historical Data

The historical data trend for Technofab Engineering'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.

Technofab Engineering Retained Earnings Chart

Technofab Engineering Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,199.14 914.26 -1,472.34 -2,750.86 -3,550.94

Technofab Engineering Quarterly Data
Mar17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - - -3,550.94 - -

Technofab Engineering 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.


Technofab Engineering  (BOM:533216) 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.


Technofab Engineering (BOM:533216) Business Description

Traded in Other Exchanges
N/A
Address
Mathura Road, Plot No.5, Sector-27C, Faridabad, HR, IND, 121003
Technofab Engineering Ltd is engaged majorly in the business of construction and engineering. In addition, the company provides long-distance pipelines, communication and power line and construction services. It serves both domestic and overseas clients, who operate in diverse sectors like thermal power, nuclear power, electrical, oil and gas, and industrial. It has operations in India, Ghana, Ethiopia, Kenya, Zambia, Fiji, Malawi, Liberia, and Zimbabwe. The Company is engaged primarily in one primary business segment of engineering procurement contracts for electricity, water infrastructure, oil handling systems etc.

Technofab Engineering (BOM:533216) Headlines

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