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Rithwik Facility Management Services (BOM:540843) Retained Earnings : ₹118.0 Mil (As of Sep. 2024)


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What is Rithwik Facility Management Services Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Rithwik Facility Management Services's retained earnings for the quarter that ended in Sep. 2024 was ₹118.0 Mil.

Rithwik Facility Management Services's quarterly retained earnings increased from Sep. 2023 (₹165.5 Mil) to Mar. 2024 (₹176.1 Mil) but then declined from Mar. 2024 (₹176.1 Mil) to Sep. 2024 (₹118.0 Mil).

Rithwik Facility Management Services's annual retained earnings increased from Mar. 2022 (₹127.5 Mil) to Mar. 2023 (₹152.7 Mil) and increased from Mar. 2023 (₹152.7 Mil) to Mar. 2024 (₹176.1 Mil).


Rithwik Facility Management Services Retained Earnings Historical Data

The historical data trend for Rithwik Facility Management Services'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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Rithwik Facility Management Services Retained Earnings Chart

Rithwik Facility Management Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 109.84 - 127.52 152.73 176.08

Rithwik Facility Management Services Semi-Annual Data
Mar12 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 140.70 152.73 165.51 176.08 117.98

Rithwik Facility Management Services 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.


Rithwik Facility Management Services  (BOM:540843) 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.


Rithwik Facility Management Services Business Description

Traded in Other Exchanges
N/A
Address
R.R Tower III, Thiru-Vi-Ka Industrial Estate, Guindy, Chennai, TN, IND, 600032
Rithwik Facility Management Services Ltd is an Indian company engaged in the business of integrated facilities and property management. The principal business of the company is to provide facility management to IT/Industrial Parks, high rise buildings and apartments and commercial complexes of all nature. It derives prime revenue from the provision of facility management services. The company offers services such as housekeeping, security service, carpenters, electricians, pest control, HVAC and AMC for old building equipment.

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