Mangalam Alloys (NSE:MAL) Retained Earnings : ₹0 Mil (As of Sep. 2024)

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What is Mangalam Alloys Retained Earnings?

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

Mangalam Alloys's quarterly retained earnings increased from Sep. 2023 (₹0 Mil) to Mar. 2024 (₹643 Mil) but then declined from Mar. 2024 (₹643 Mil) to Sep. 2024 (₹0 Mil).

Mangalam Alloys's annual retained earnings increased from Mar. 2018 (₹257 Mil) to Mar. 2023 (₹530 Mil) and increased from Mar. 2023 (₹530 Mil) to Mar. 2024 (₹643 Mil).

Mangalam Alloys Retained Earnings Historical Data

The historical data trend for Mangalam Alloys'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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Mangalam Alloys Retained Earnings Chart

Mangalam Alloys Annual Data

Trend

Mar16

Mar17

Mar18

Mar23

Mar24

Retained Earnings

133.25

177.62

256.79

530.09

642.60

Mangalam Alloys Semi-Annual Data
	Mar16	Mar17	Mar18	Sep18	Mar23	Sep23	Mar24	Sep24
Retained Earnings	Get a 7-Day Free Trial			312.69	530.09	-	642.60	-

Mangalam Alloys 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.

Mangalam Alloys (NSE:MAL) 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.

Mangalam Alloys Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mangalam Alloys Ltd (NSE:MAL) » Definitions » Retained Earnings

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Traded in Other Exchanges

N/A

Address

GIDC Phase 3, Plot No. 3123-3126, Chattral, Gandhinagar, GJ, IND, 382729

Website

https://www.mangalamalloys.com

Mangalam Alloys Ltd is in the steel manufacturing industry. It is a stainless steel melting unit. Its products include Forging Ingots, Billets, Black Round Bar, Bright Round Bar, Angle Bars, Fasteners, Etc. It operates in one segment manufacturing stainless steel and higher alloy products segment.

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