Homesfy Realty (NSE:HOMESFY) Retained Earnings : ₹127.7 Mil (As of Mar. 2024)

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What is Homesfy Realty Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Homesfy Realty's retained earnings for the quarter that ended in Mar. 2024 was ₹127.7 Mil.

Homesfy Realty's quarterly retained earnings increased from Mar. 2022 (₹100.3 Mil) to Mar. 2023 (₹100.5 Mil) and increased from Mar. 2023 (₹100.5 Mil) to Mar. 2024 (₹127.7 Mil).

Homesfy Realty's annual retained earnings increased from Mar. 2022 (₹100.3 Mil) to Mar. 2023 (₹100.5 Mil) and increased from Mar. 2023 (₹100.5 Mil) to Mar. 2024 (₹127.7 Mil).

Homesfy Realty Retained Earnings Historical Data

The historical data trend for Homesfy Realty'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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Homesfy Realty Retained Earnings Chart

Homesfy Realty Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

100.27

100.50

127.69

Homesfy Realty Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
Retained Earnings	-	-	100.27	100.50	127.69

Homesfy Realty 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.

Homesfy Realty (NSE:HOMESFY) 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.

Homesfy Realty Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Homesfy Realty Ltd (NSE:HOMESFY) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

1602, 16th Floor, Dev Corpora, Near Cadbury Junction, Eastern Express Highway, Thane (West), Thane, MH, IND, 400601

Website

https://www.homesfy.in

Homesfy Realty Ltd is engaged in providing real estate broking services to Real Estate Developers, retail buyers/sellers, and investors for residential and commercial space. It deals in newly constructed properties, whereby it assists Real Estate Developers in selling and potential customers in purchasing the properties. The company operates its business through direct selling from its in-house sales team and Direct Selling Agent listed on the Mymagnet platform for referral services.

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