Manba Finance (BOM:544262) Retained Earnings : ₹0 Mil (As of Dec. 2024)

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What is Manba Finance Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Manba Finance's retained earnings for the quarter that ended in Dec. 2024 was ₹0 Mil.

Manba Finance's quarterly retained earnings declined from Mar. 2024 (₹1,028 Mil) to Sep. 2024 (₹0 Mil) but then stayed the same from Sep. 2024 (₹0 Mil) to Dec. 2024 (₹0 Mil).

Manba Finance's annual retained earnings increased from Mar. 2022 (₹638 Mil) to Mar. 2023 (₹770 Mil) and increased from Mar. 2023 (₹770 Mil) to Mar. 2024 (₹1,028 Mil).

Manba Finance Retained Earnings Historical Data

The historical data trend for Manba Finance'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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Manba Finance Retained Earnings Chart

Manba Finance Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Retained Earnings

560.81

637.76

770.40

1,027.91

Manba Finance Quarterly Data
	Mar21	Mar22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial			909.40	-	1,027.91	-	-

Manba Finance 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.

Manba Finance (BOM:544262) 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.

Manba Finance Business Description

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MANBA:India

Address

Road No. 16, Wagle Estate, IT/ ITES Building, Plot No. A-79, Thane, MH, IND, 400 604

Website

https://www.manbafinance.com

Manba Finance Ltd is a non-banking finance company offering financial solutions for new two-wheelers, three-wheelers, electric two-wheelers, electric three-wheelers, used cars, small business loans and personal loans. The company's target customers are mainly employees and the self-employed. The company has branches in urban, semi-urban and metropolitan cities and towns serving the surrounding rural areas. It has established relationships with more than 1,100 dealers, including more than 190 EV dealers in Maharashtra, Gujarat, Rajasthan, Chhattisgarh, Madhya Pradesh and Uttar Pradesh.

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