Mughal Iron & Steel Industries (KAR:MUGHAL) Retained Earnings: ₨18,540 Mil (As of Mar. 2026)

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KAR:MUGHAL Mughal Iron & Steel Industries Ltd KAR:MUGHAL
91 GF Score
Price ₨80.35
GF Value ₨70.77
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Mughal Iron & Steel Industries Retained Earnings?

Mughal Iron & Steel Industries KAR:MUGHAL -0.85% 91 Retained Earnings is ₨18,540 Mil as of Mar. 2026. GuruFocus rates KAR:MUGHAL with a GF Score™ of 91/100 and a GF Value™ of ₨70.77 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mughal Iron & Steel Industries's retained earnings for the quarter that ended in Mar. 2026 was ₨18,540 Mil.

Mughal Iron & Steel Industries's quarterly retained earnings increased from Sep. 2025 (₨17,516 Mil) to Dec. 2025 (₨18,100 Mil) and increased from Dec. 2025 (₨18,100 Mil) to Mar. 2026 (₨18,540 Mil).

Mughal Iron & Steel Industries's annual retained earnings increased from Jun. 2023 (₨14,713 Mil) to Jun. 2024 (₨15,629 Mil) and increased from Jun. 2024 (₨15,629 Mil) to Jun. 2025 (₨16,569 Mil).


Mughal Iron & Steel Industries  (KAR:MUGHAL) 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.


Mughal Iron & Steel Industries Retained Earnings Historical Data

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The historical data trend for Mughal Iron & Steel Industries'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.

Mughal Iron & Steel Industries Retained Earnings Chart

Mughal Iron & Steel Industries Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,441.32 11,167.65 14,712.77 15,628.73 16,568.53

Mughal Iron & Steel Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only 16,110.83 16,568.53 17,516.11 18,099.57 18,540.48
KAR:MUGHAL
91GF Score
Mughal Iron & Steel Industries Ltd KAR:MUGHAL
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Mughal Iron & Steel Industries 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ₨18,540 Mil mean?
Mughal Iron & Steel Industries (KAR:MUGHAL) has a Retained Earnings of ₨18,540 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Mughal Iron & Steel Industries and its competitors.
Is Mughal Iron & Steel Industries' Retained Earnings too high?
Mughal Iron & Steel Industries' current Retained Earnings is ₨18,540 Mil. Overall, Mughal Iron & Steel Industries has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mughal Iron & Steel Industries' Retained Earnings compare to NUE and STLD?
Mughal Iron & Steel Industries' Retained Earnings of ₨18,540 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Steel company?
A good Retained Earnings depends on the Steel industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Mughal Iron & Steel Industries and its competitors. Mughal Iron & Steel Industries's current Retained Earnings is ₨18,540 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mughal Iron & Steel Industries stock overvalued right now?
Based on GuruFocus' analysis, Mughal Iron & Steel Industries (KAR:MUGHAL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨70.77, compared to a current price of ₨80.35 — trading 13.5% above its estimated fair value. The current Retained Earnings is ₨18,540 Mil. Mughal Iron & Steel Industries' overall GF Score™ is 91/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Mughal Iron & Steel Industries (KAR:MUGHAL), the current Retained Earnings is ₨18,540 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mughal Iron & Steel Industries (KAR:MUGHAL) Overvalued in 2026?

Based on GuruFocus' analysis, Mughal Iron & Steel Industries stock appears to be overvalued. The current stock price of ₨80.35 is trading 13.5% above its estimated GF Value™ of ₨70.77. GuruFocus considers Mughal Iron & Steel Industries to be Modestly Overvalued.

Key valuation signals for KAR:MUGHAL:

  • Retained Earnings: ₨18,540 Mil
  • GF Value™: ₨70.77 vs. price of ₨80.35 (13.5% above fair value)
  • GF Score™: 91/100 with 6 warning signs

No single metric tells the full story. See the KAR:MUGHAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mughal Iron & Steel Industries Business Description

Other Exchanges MUGHALC:Pakistan
Address 31-A Shadman 1, Lahore, PB, PAK
Mughal Iron & Steel Industries Ltd is engaged in the manufacturing and trading of mild steel products. The operating segments of the company are Ferrous, Non-Ferrous, and the Energy segment. The company's main products involve Steel re-bars (G60 / Mughal Supreme), Girders, Billets, Copper ingots, and Copper granules.
91GF Score

Get the complete analysis for KAR:MUGHAL

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₨80.35
Price
₨70.77
GF Value