GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Shree Marutinandan Tubes Ltd (BOM:544083) » Definitions » Retained Earnings

Shree Marutinandan Tubes (BOM:544083) Retained Earnings : ₹0 Mil (As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Shree Marutinandan Tubes Retained Earnings?

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

Shree Marutinandan Tubes's quarterly retained earnings increased from Sep. 2023 (₹0 Mil) to Mar. 2024 (₹30 Mil) but then declined from Mar. 2024 (₹30 Mil) to Sep. 2024 (₹0 Mil).

Shree Marutinandan Tubes's annual retained earnings increased from Mar. 2022 (₹0 Mil) to Mar. 2023 (₹26 Mil) and increased from Mar. 2023 (₹26 Mil) to Mar. 2024 (₹30 Mil).


Shree Marutinandan Tubes Retained Earnings Historical Data

The historical data trend for Shree Marutinandan Tubes'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.

Shree Marutinandan Tubes Retained Earnings Chart

Shree Marutinandan Tubes Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Retained Earnings
- - 26.14 29.89

Shree Marutinandan Tubes Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Retained Earnings Get a 7-Day Free Trial - 26.14 - 29.89 -

Shree Marutinandan Tubes 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.


Shree Marutinandan Tubes  (BOM:544083) 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.


Shree Marutinandan Tubes Business Description

Traded in Other Exchanges
N/A
Address
S.P Ring Road, A-21, Second Floor, Amrapali Complex, Bopal, Ahmedabad, GJ, IND, 380058
Shree Marutinandan Tubes Ltd is engaged in trading of Galvanized Pipe, Electric Resistance Welding Mild Steel (ERW MS) Pipes (round pipes, square and rectangular hollow sections in various specifications, sizes ranging from 15NB to 1000 NB and also in trading of Black Pipes and Solar Structural Pipes. It products are widely used in various industries like Agriculture, Oil, Public Health, Housing, Irrigation, Engineering, Infrastructural, Industrial etc.

Shree Marutinandan Tubes Headlines

No Headlines