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Suyog Gurbaxani Funicular Ropeways (BOM:543391) Retained Earnings : ₹0.0 Mil (As of Mar. 2024)


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What is Suyog Gurbaxani Funicular Ropeways Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Suyog Gurbaxani Funicular Ropeways's retained earnings for the quarter that ended in Mar. 2024 was ₹0.0 Mil.

Suyog Gurbaxani Funicular Ropeways's quarterly retained earnings declined from Mar. 2023 (₹3.1 Mil) to Sep. 2023 (₹0.0 Mil) but then stayed the same from Sep. 2023 (₹0.0 Mil) to Mar. 2024 (₹0.0 Mil).

Suyog Gurbaxani Funicular Ropeways's annual retained earnings increased from Mar. 2022 (₹-149.9 Mil) to Mar. 2023 (₹3.1 Mil) but then declined from Mar. 2023 (₹3.1 Mil) to Mar. 2024 (₹0.0 Mil).


Suyog Gurbaxani Funicular Ropeways Retained Earnings Historical Data

The historical data trend for Suyog Gurbaxani Funicular Ropeways'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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Suyog Gurbaxani Funicular Ropeways Retained Earnings Chart

Suyog Gurbaxani Funicular Ropeways Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial -53.65 -132.99 -149.85 3.14 -

Suyog Gurbaxani Funicular Ropeways Semi-Annual Data
Mar19 Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Retained Earnings Get a 7-Day Free Trial -149.85 - 3.14 - -

Suyog Gurbaxani Funicular Ropeways 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.


Suyog Gurbaxani Funicular Ropeways  (BOM:543391) 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.


Suyog Gurbaxani Funicular Ropeways Business Description

Traded in Other Exchanges
N/A
Address
LBS Marg, 18, Suyog Industrial Estate, 1st Floor, Vikhroli (West), Mumbai, MH, IND, 400083
Suyog Gurbaxani Funicular Ropeways Ltd is an infrastructure development and construction company engaged in building and operating the Funicular Ropeways Systems. The company has carried on the business of the work to design, engineer, procure, finance, construct, operate, and maintain Funicular Ropeway on a Build, Operate & Transfer (BOT) basis at Saptashrungi Gad, Vani, Kalwan, Nashik, and to charge and collect the toll fees. The majority of revenue is generated from the Toll Collection Fees segment.

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