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Saakshi Medtech and Panels (NSE:SAAKSHI) Retained Earnings : ₹405 Mil (As of Mar. 2024)


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What is Saakshi Medtech and Panels Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Saakshi Medtech and Panels's retained earnings for the quarter that ended in Mar. 2024 was ₹405 Mil.

Saakshi Medtech and Panels's quarterly retained earnings increased from Mar. 2022 (₹273 Mil) to Mar. 2023 (₹396 Mil) and increased from Mar. 2023 (₹396 Mil) to Mar. 2024 (₹405 Mil).

Saakshi Medtech and Panels's annual retained earnings increased from Mar. 2022 (₹273 Mil) to Mar. 2023 (₹396 Mil) and increased from Mar. 2023 (₹396 Mil) to Mar. 2024 (₹405 Mil).


Saakshi Medtech and Panels Retained Earnings Historical Data

The historical data trend for Saakshi Medtech and Panels'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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Saakshi Medtech and Panels Retained Earnings Chart

Saakshi Medtech and Panels Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
154.34 178.82 272.58 396.41 405.47

Saakshi Medtech and Panels Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings 154.34 178.82 272.58 396.41 405.47

Saakshi Medtech and Panels 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.


Saakshi Medtech and Panels  (NSE:SAAKSHI) 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.


Saakshi Medtech and Panels Business Description

Traded in Other Exchanges
N/A
Address
Plot No. EL-23, J Block, MIDC Industrial Area, Bhosari, Pune, MH, IND, 411026
Saakshi Medtech and Panels Ltd is a diversified company engaged in manufacturing of Electrical Control Panels and Cabinets used in elevators, air compressors, renewal energy industry, oil & gas exploration industry, electrical vehicle charging stations etc, Medical X Ray System used in healthcare industry, Fabrication works for locomotives and wire harness division for their captive consumption in electrical control panels and for supply to air compressor industry. Their comprehensive solutions include design, process engineering and manufacturing including fabrication, assembly and testing facilities. It designs, programs and assembles Electrical Control Panels and Cabinets comprising of micro controller, programmable logic controllers and SCADA system.

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