GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Veekayem Fashion & Apparels Ltd (NSE:VEEKAYEM) » Definitions » Retained Earnings

Veekayem Fashion & Apparels (NSE:VEEKAYEM) Retained Earnings : ₹212 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Veekayem Fashion & Apparels Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Veekayem Fashion & Apparels's retained earnings for the quarter that ended in Mar. 2024 was ₹212 Mil.

Veekayem Fashion & Apparels's quarterly retained earnings increased from Mar. 2022 (₹153 Mil) to Mar. 2023 (₹171 Mil) and increased from Mar. 2023 (₹171 Mil) to Mar. 2024 (₹212 Mil).

Veekayem Fashion & Apparels's annual retained earnings increased from Mar. 2022 (₹153 Mil) to Mar. 2023 (₹171 Mil) and increased from Mar. 2023 (₹171 Mil) to Mar. 2024 (₹212 Mil).


Veekayem Fashion & Apparels Retained Earnings Historical Data

The historical data trend for Veekayem Fashion & Apparels'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.

Veekayem Fashion & Apparels Retained Earnings Chart

Veekayem Fashion & Apparels Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
130.46 133.99 153.31 171.41 211.66

Veekayem Fashion & Apparels Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings 130.46 133.99 153.31 171.41 211.66

Veekayem Fashion & Apparels 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.


Veekayem Fashion & Apparels  (NSE:VEEKAYEM) 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.


Veekayem Fashion & Apparels Business Description

Traded in Other Exchanges
N/A
Address
Walbhat Road, Gala No. 113, Udyog Bhavan, Sharma Industrial Estate, Near Nirlon Compound, Goregaon East, Mumbai, MH, IND, 400063
Veekayem Fashion & Apparels Ltd is engaged in the business of weaving and garment manufacturing. The company deals in products like Shirting fabrics, Suiting Fabrics, Trouser fabrics, jacketing fabrics, format trousers, cotton trousers and other accessories. The extensive product portfolio includes 100% Cotton - Lycra and Non-Lycra, Giza, Supima, Blended Cotton Suiting - Chief Value Cotton, Polyester Cotton, 100% Cotton Yarn Dyed, Polyester Viscose, Terry Rayon Suiting and Mock Linen. The Company operates in three segments: Men's wear; Kids Wear and Accessories.

Veekayem Fashion & Apparels Headlines

No Headlines