Pincon Spirit (NSE:PINCON) Retained Earnings: ₹1,053 Mil (As of Sep. 2017)

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What is Pincon Spirit Retained Earnings?

Pincon Spirit NSE:PINCON Retained Earnings is ₹1,053 Mil as of Sep. 2017.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Pincon Spirit's retained earnings for the quarter that ended in Sep. 2017 was ₹1,053 Mil.

Pincon Spirit's quarterly retained earnings increased from Sep. 2016 (₹0 Mil) to Mar. 2017 (₹778 Mil) and increased from Mar. 2017 (₹778 Mil) to Sep. 2017 (₹1,053 Mil).

Pincon Spirit's annual retained earnings increased from Mar. 2015 (₹457 Mil) to Mar. 2016 (₹586 Mil) and increased from Mar. 2016 (₹586 Mil) to Mar. 2017 (₹778 Mil).

Pincon Spirit  (NSE:PINCON) 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.

Pincon Spirit Retained Earnings Historical Data

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The historical data trend for Pincon Spirit'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.

Pincon Spirit Retained Earnings Chart

Pincon Spirit Annual Data
Trend Mar14 Mar15 Mar16 Mar17
Retained Earnings
295.97 456.52 586.41 778.00

Pincon Spirit Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17
Retained Earnings Get a 7-Day Free Trial 456.52 586.41 0.00 778.00 1,052.81

Pincon Spirit 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 ₹1,053 Mil mean?
Pincon Spirit (NSE:PINCON) has a Retained Earnings of ₹1,053 Mil as of Sep. 2017. Retained earnings is the amount of net income not issued to shareholders. View historical data on Pincon Spirit and its competitors.
Is Pincon Spirit's Retained Earnings too high?
Pincon Spirit's current Retained Earnings is ₹1,053 Mil.
How does Pincon Spirit's Retained Earnings compare to THST and JCTG?
Pincon Spirit's Retained Earnings of ₹1,053 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Retained Earnings depends on the Beverages - Alcoholic 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 Pincon Spirit and its competitors. Pincon Spirit's current Retained Earnings is ₹1,053 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pincon Spirit stock overvalued right now?
Pincon Spirit (NSE:PINCON) has a current Retained Earnings of ₹1,053 Mil. The current Retained Earnings is ₹1,053 Mil. 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 Pincon Spirit (NSE:PINCON), the current Retained Earnings is ₹1,053 Mil as of Sep. 2017. 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.

Pincon Spirit Business Description

Address Number 103, 3rd Floor, Samskruthi Chambers, K.H Road, Shanthi Nagar, Bengaluru, KA, IND, 560027
Pincon Spirit Ltd is engaged in blending, bottling and wholesale distributions of Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL) and refining, packaging and wholesale distributions of fast moving consumer goods. The company derives its revenue from its Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL) segment. The Edible oils business segment is engaged in the manufacture of edible oils and the Company owns a refining and packaging unit.