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Mach Conferences and Events (BOM:544248) Retained Earnings : ₹0 Mil (As of Sep. 2024)


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What is Mach Conferences and Events Retained Earnings?

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

Mach Conferences and Events's quarterly retained earnings increased from Sep. 2023 (₹0 Mil) to Mar. 2024 (₹297 Mil) but then declined from Mar. 2024 (₹297 Mil) to Sep. 2024 (₹0 Mil).

Mach Conferences and Events's annual retained earnings increased from Mar. 2022 (₹135 Mil) to Mar. 2023 (₹223 Mil) and increased from Mar. 2023 (₹223 Mil) to Mar. 2024 (₹297 Mil).


Mach Conferences and Events Retained Earnings Historical Data

The historical data trend for Mach Conferences and Events'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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Mach Conferences and Events Retained Earnings Chart

Mach Conferences and Events Annual Data
Trend Mar22 Mar23 Mar24
Retained Earnings
135.27 223.35 297.04

Mach Conferences and Events Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24
Retained Earnings 135.27 223.35 - 297.04 -

Mach Conferences and Events 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.


Mach Conferences and Events  (BOM:544248) 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.


Mach Conferences and Events Business Description

Traded in Other Exchanges
N/A
Address
Sector 2, C-127 2nd Floor, Gautam Buddha Nagar, Noida, UP, IND, 201301
Mach Conferences and Events Ltd provides a comprehensive array of services tailor-made for MICE (Meetings, Incentives, Conferences, Exhibitions) and the Events sector. Its experience ranges from arranging small corporate events to large global events. It specializes in conference management, Exhibition Management and Global Event Planning. The company also manages all logistical aspects of events at specific destinations. This includes venue selection, accommodation arrangements, transportation logistics, local activities, and on-site coordination.

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