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Grill Splendour Services (NSE:BIRDYS) Retained Earnings : ₹10.05 Mil (As of Sep. 2023)


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What is Grill Splendour Services Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Grill Splendour Services's retained earnings for the quarter that ended in Sep. 2023 was ₹10.05 Mil.

Grill Splendour Services's quarterly retained earnings increased from Mar. 2022 (₹0.07 Mil) to Mar. 2023 (₹19.98 Mil) but then declined from Mar. 2023 (₹19.98 Mil) to Sep. 2023 (₹10.05 Mil).

Grill Splendour Services's annual retained earnings increased from Mar. 2021 (₹-0.28 Mil) to Mar. 2022 (₹0.07 Mil) and increased from Mar. 2022 (₹0.07 Mil) to Mar. 2023 (₹19.98 Mil).


Grill Splendour Services Retained Earnings Historical Data

The historical data trend for Grill Splendour Services'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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Grill Splendour Services Retained Earnings Chart

Grill Splendour Services Annual Data
Trend Mar21 Mar22 Mar23
Retained Earnings
-0.28 0.07 19.98

Grill Splendour Services Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Retained Earnings -0.28 0.07 19.98 10.05

Grill Splendour Services 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.


Grill Splendour Services  (NSE:BIRDYS) 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.


Grill Splendour Services Business Description

Traded in Other Exchanges
N/A
Address
Wadala Truck Terminal Road, 1st Floor, Plot - 8, J1, C105, Shram Siddhi Vinayak Premises Co-Op Soc Ltd, Antop Hill, Mumbai, MH, IND, 400037
Grill Splendour Services Ltd operates through a chain of gourmet Bakery and Patisserie in Mumbai. It has 20 retail stores, a centralized production facility, and multiple corporate clients. Out of the 20 retail stores, 5 stores are running under the franchisee model (franchisee owned, and company operated) and the rest 15 stores are owned by the company. Its product categories include Cakes & Pastries, Food Sales, Beverages, and Desert Sales.

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