Nishat Mills (KAR:NML) Retained Earnings: ₨6,535 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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KAR:NML Nishat Mills Ltd KAR:NML
74 GF Score
Price ₨149.93
GF Value ₨79.07
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Nishat Mills Retained Earnings?

Nishat Mills KAR:NML +2.43% 74 Retained Earnings is ₨6,535 Mil as of Mar. 2026. GuruFocus rates KAR:NML with a GF Score™ of 74/100 and a GF Value™ of ₨79.07 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nishat Mills's retained earnings for the quarter that ended in Mar. 2026 was ₨6,535 Mil.

Nishat Mills's quarterly retained earnings increased from Sep. 2025 (₨4,561 Mil) to Dec. 2025 (₨5,335 Mil) and increased from Dec. 2025 (₨5,335 Mil) to Mar. 2026 (₨6,535 Mil).

Nishat Mills's annual retained earnings declined from Jun. 2023 (₨11,560 Mil) to Jun. 2024 (₨8,145 Mil) and declined from Jun. 2024 (₨8,145 Mil) to Jun. 2025 (₨3,102 Mil).


Nishat Mills  (KAR:NML) 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.


Nishat Mills Retained Earnings Historical Data

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The historical data trend for Nishat Mills'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.

Nishat Mills Retained Earnings Chart

Nishat Mills 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 11,930.85 12,279.10 11,560.33 8,145.28 3,102.38

Nishat Mills 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 1,071.10 3,102.38 4,561.27 5,334.73 6,535.36
KAR:NML
74GF Score
Nishat Mills Ltd KAR:NML
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Nishat Mills 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 ₨6,535 Mil mean?
Nishat Mills (KAR:NML) has a Retained Earnings of ₨6,535 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Nishat Mills and its competitors.
Is Nishat Mills' Retained Earnings too high?
Nishat Mills' current Retained Earnings is ₨6,535 Mil. Overall, Nishat Mills has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nishat Mills' Retained Earnings compare to competitors?
Nishat Mills' Retained Earnings of ₨6,535 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Retained Earnings depends on the Manufacturing - Apparel & Accessories 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 Nishat Mills and its competitors. Nishat Mills's current Retained Earnings is ₨6,535 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nishat Mills stock overvalued right now?
Based on GuruFocus' analysis, Nishat Mills (KAR:NML) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨79.07, compared to a current price of ₨149.93 — trading 89.6% above its estimated fair value. The current Retained Earnings is ₨6,535 Mil. Nishat Mills' overall GF Score™ is 74/100 with 7 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 Nishat Mills (KAR:NML), the current Retained Earnings is ₨6,535 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 Nishat Mills (KAR:NML) Overvalued in 2026?

Based on GuruFocus' analysis, Nishat Mills stock appears to be overvalued. The current stock price of ₨149.93 is trading 89.6% above its estimated GF Value™ of ₨79.07. GuruFocus considers Nishat Mills to be Significantly Overvalued.

Key valuation signals for KAR:NML:

  • Retained Earnings: ₨6,535 Mil
  • GF Value™: ₨79.07 vs. price of ₨149.93 (89.6% above fair value)
  • GF Score™: 74/100 with 7 warning signs

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


Nishat Mills Business Description

Address 7, Main Gulberg, Lahore, PB, PAK, 54660
Nishat Mills Ltd is engaged in the business of textile manufacturing and of spinning, combing, weaving, bleaching, dyeing, printing, stitching, apparel, buying, selling and otherwise dealing in yarn, linen, cloth and other goods and fabrics made from raw cotton, synthetic fibre and cloth and to generate, accumulate, distribute, supply and sell electricity. The company's segments are Spinning, Weaving, Dyeing, Denim, Workwear, Home Textile and Terry, Garments and Power Generation. It derives the majority of the revenue from Spinning segment that produces different quality of yarn including dyed yarn and sewing thread using natural and artificial fibres. Geographically it operates in Europe, America, Asia, Africa and Australia, and Pakistan.
74GF Score

Get the complete analysis for KAR:NML

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

₨149.93
Price
₨79.07
GF Value