Shree Cement (BOM:500387) Retained Earnings : ₹0 Mil (As of Mar. 2024)

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What is Shree Cement Retained Earnings?

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

Shree Cement's annual retained earnings increased from Mar. 2022 (₹77,810 Mil) to Mar. 2023 (₹87,164 Mil) but then declined from Mar. 2023 (₹87,164 Mil) to Mar. 2024 (₹0 Mil).

Shree Cement Retained Earnings Historical Data

The historical data trend for Shree Cement'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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Shree Cement Retained Earnings Chart

Shree Cement Annual Data

Trend

Jun15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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45,230.90

63,226.80

77,810.20

87,163.60

Shree Cement 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															87,163.60	-	-	-	-

Shree Cement 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.

Shree Cement (BOM:500387) 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.

Shree Cement (BOM:500387) Business Description

Industry

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SHREECEM:India

Address

21 Strand Road, Kolkata, WB, IND, 700 001

Website

https://www.shreecement.com

Shree Cement Ltd manufactures and sells cement and cement-related products to the building and construction industries. It derives revenue from Cement, Clinker and Power sales, of which Cement products contribute majorly to the revenue. The Cement products are offered under the brands Shree Jung Rodhak and Bangur, among others. Nearly all of the firm's revenue comes from India.

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