Sarthak Metals (NSE:SMLT) Retained Earnings : ₹0 Mil (As of Sep. 2024)

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What is Sarthak Metals Retained Earnings?

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

Sarthak Metals's quarterly retained earnings declined from Mar. 2024 (₹981 Mil) to Jun. 2024 (₹0 Mil) but then stayed the same from Jun. 2024 (₹0 Mil) to Sep. 2024 (₹0 Mil).

Sarthak Metals's annual retained earnings increased from Mar. 2022 (₹600 Mil) to Mar. 2023 (₹870 Mil) and increased from Mar. 2023 (₹870 Mil) to Mar. 2024 (₹981 Mil).

Sarthak Metals Retained Earnings Historical Data

The historical data trend for Sarthak Metals'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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Sarthak Metals Retained Earnings Chart

Sarthak Metals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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599.79

870.04

980.95

Sarthak Metals Quarterly Data
	Mar19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															-	-	980.95	-	-

Sarthak Metals 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.

Sarthak Metals (NSE:SMLT) 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.

Sarthak Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sarthak Metals Ltd (NSE:SMLT) » Definitions » Retained Earnings

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540393:India

Address

B.B.C. Colony, G.E. Road, Near Bhilai ITI, Khursipar, Bhilai, CT, IND, 490011

Website

http://www.sarthakmetals.com

Sarthak Metals Ltd focuses on precision metallurgy, enhancing steel manufacturing processes, and providing industrial welding consumables. The company is engaged in the manufacturing and selling of a wide variety of cored wires, ferroalloys, and aluminum flipping coils, providing products and solutions that are targeted to attaining precision in metallurgy and fine-tuning of steel manufacturing. The company generates the majority of its revenue from the sale of products within India.

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