Swastik Pipe (NSE:SWASTIK) Retained Earnings: ₹-66 Mil (As of Mar. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SWASTIK Swastik Pipe Ltd NSE:SWASTIK
62 GF Score
Price ₹17.10
View Full Analysis

What is Swastik Pipe Retained Earnings?

Swastik Pipe NSE:SWASTIK +4.91% 62 Retained Earnings is ₹-66 Mil as of Mar. 2025. GuruFocus rates NSE:SWASTIK with a GF Score™ of 62/100.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Swastik Pipe's retained earnings for the quarter that ended in Mar. 2025 was ₹-66 Mil.

Swastik Pipe's quarterly retained earnings increased from Sep. 2023 (₹0 Mil) to Mar. 2024 (₹6 Mil) but then declined from Mar. 2024 (₹6 Mil) to Mar. 2025 (₹-66 Mil).

Swastik Pipe's annual retained earnings declined from Mar. 2023 (₹14 Mil) to Mar. 2024 (₹6 Mil) and declined from Mar. 2024 (₹6 Mil) to Mar. 2025 (₹-66 Mil).


Swastik Pipe  (NSE:SWASTIK) 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.


Swastik Pipe Retained Earnings Historical Data

* Premium members only.

The historical data trend for Swastik Pipe'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.

Swastik Pipe Retained Earnings Chart

Swastik Pipe Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Retained Earnings
Get a 7-Day Free Trial -124.67 23.83 14.47 5.78 -66.40

Swastik Pipe Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Mar25
Retained Earnings Get a 7-Day Free Trial 0.00 14.47 0.00 5.78 -66.40
NSE:SWASTIK
62GF Score
Swastik Pipe Ltd NSE:SWASTIK
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Swastik Pipe 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 ₹-66 Mil mean?
Swastik Pipe (NSE:SWASTIK) has a Retained Earnings of ₹-66 Mil as of Mar. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Swastik Pipe and its competitors.
Is Swastik Pipe's Retained Earnings too high?
Swastik Pipe's current Retained Earnings is ₹-66 Mil. Overall, Swastik Pipe has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Swastik Pipe's Retained Earnings compare to NUE and STLD?
Swastik Pipe's Retained Earnings of ₹-66 Mil can be compared against companies in the Steel 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 Steel company?
A good Retained Earnings depends on the Steel 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 Swastik Pipe and its competitors. Swastik Pipe's current Retained Earnings is ₹-66 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swastik Pipe stock overvalued right now?
Swastik Pipe (NSE:SWASTIK) has a current Retained Earnings of ₹-66 Mil. The current Retained Earnings is ₹-66 Mil. Swastik Pipe's overall GF Score™ is 62/100. 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 Swastik Pipe (NSE:SWASTIK), the current Retained Earnings is ₹-66 Mil as of Mar. 2025. 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.

Swastik Pipe Business Description

Address Asaf Ali Road, 1/23 B, First Floor, Daryaganj, Delhi, IND, 110002
Swastik Pipe Ltd manufactures and exports a range of steel pipes and related products in India. Its product portfolio includes mild steel and carbon steel electric resistance welded (ERW) black and galvanized pipes, hollow steel pipes, cold-rolled steel strips and coils, swaged tubular poles, and solar mounting structures. The company operates manufacturing plants in Haryana and Uttar Pradesh with a notable installed capacity. Swastik Pipe serves industries such as construction, infrastructure, and energy, exporting products to various countries. Revenue is generated through the sale of its steel pipe products both domestically and internationally.
62GF Score

Get the complete analysis for NSE:SWASTIK

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹17.10
Price