GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Shyam Century Ferrous Ltd (NSE:SHYAMCENT) » Definitions » Retained Earnings

Shyam Century Ferrous (NSE:SHYAMCENT) Retained Earnings : ₹0 Mil (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Shyam Century Ferrous Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Shyam Century Ferrous's retained earnings for the quarter that ended in Mar. 2024 was ₹0 Mil.

Shyam Century Ferrous's annual retained earnings declined from Mar. 2022 (₹918 Mil) to Mar. 2023 (₹775 Mil) and declined from Mar. 2023 (₹775 Mil) to Mar. 2024 (₹0 Mil).


Shyam Century Ferrous Retained Earnings Historical Data

The historical data trend for Shyam Century Ferrous'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.

* Premium members only.

Shyam Century Ferrous Retained Earnings Chart

Shyam Century Ferrous Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 321.05 349.17 917.98 774.71 -

Shyam Century Ferrous Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 774.71 - - - -

Shyam Century Ferrous 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.


Shyam Century Ferrous  (NSE:SHYAMCENT) 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.


Shyam Century Ferrous (NSE:SHYAMCENT) Business Description

Traded in Other Exchanges
Address
P-15/1, Taratala Main Road, 2nd Floor, Century House, CPT Colony, Taratala, Kolkata, WB, IND, 700088
Shyam Century Ferrous Ltd is involved in the steel business sector. The company is engaged in the manufacture and sale of Ferro Silicon, Silico Manganese, power, and other ferroalloys. Ferro-silicon is one of the prime raw ingredients of Stainless steel and small quantities in Mild Steel i.e. MS steel. Its business segments include Ferro Alloy which manufactures ferrous and Power which generates power, out of which the Ferro Alloy segment generates the maximum revenue for the company. The company only caters to the Indian market.

Shyam Century Ferrous (NSE:SHYAMCENT) Headlines

No Headlines