Bindal Exports (BOM:540148) Retained Earnings : ₹0.0 Mil (As of Sep. 2024)

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What is Bindal Exports Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bindal Exports's retained earnings for the quarter that ended in Sep. 2024 was ₹0.0 Mil.

Bindal Exports's quarterly retained earnings increased from Sep. 2023 (₹0.0 Mil) to Mar. 2024 (₹25.0 Mil) but then declined from Mar. 2024 (₹25.0 Mil) to Sep. 2024 (₹0.0 Mil).

Bindal Exports's annual retained earnings increased from Mar. 2022 (₹17.9 Mil) to Mar. 2023 (₹22.1 Mil) and increased from Mar. 2023 (₹22.1 Mil) to Mar. 2024 (₹25.0 Mil).

Bindal Exports Retained Earnings Historical Data

The historical data trend for Bindal Exports'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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Bindal Exports Retained Earnings Chart

Bindal Exports Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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12.21

14.47

17.92

22.12

25.02

Bindal Exports Semi-Annual Data
	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Retained Earnings	Get a 7-Day Free Trial															-	22.12	-	25.02	-

Bindal Exports 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.

Bindal Exports (BOM:540148) 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.

Bindal Exports Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bindal Exports Ltd (BOM:540148) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

Surat-Kadodara Road, Block No. 270, Bindal House, Near Kumbharia Bus Stand, Kumbharia, Surat, GJ, IND, 395010

Website

https://www.bindalexports.com

Bindal Exports Ltd is involved in the manufacturing and export of textiles, garments, and made-ups. It specializes in diverse international styles, varied colors, and specialty finishes which are tailor-made to customer's requirements. Its fabric portfolio comprises of different blends of polyester, rayon, cotton, satin, chiffon, knitted fabric, viscose, etc. which are supplied in domestic as well as international markets. It derives the majority of its revenue from Fabrics and Fants.

Bindal Exports Headlines

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