Sector Alpha Week of 2026-07-24
Sector Alpha — machine-written from the numbers · Data as of 2026-07-24

Senores Pharmaceuticals Ltd

SENORES
Pharma - API

Senores Pharmaceuticals Ltd's price has outrun its earnings. +125.1% in a year against EPS +96.9% — the market is paying now for delivery later.

The sharpest disagreement: profits are rising, but only −5% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch.

The price is in a confirmed uptrend (52 weeks in) while the P/E sits at the 94th percentile of its own 2-year range. Underneath, the last four quarters read improving — profit +105.6% year on year, and −5% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.

Price
₹1,405
+125.1% 1Y
P/E
55.4×
94th pctile
of its own 2-year range
Revenue (Mar 26)
₹175 Cr
+53.5% YoY
Profit (Mar 26)
₹37.0 Cr
+105.6% YoY
Operating margin
27.0%
+10.0 pp YoY
ROCE
15%
FY26
Cash conversion
−5%
of profit, last 3 FY
Withheld from this page: Part of this page is deliberately not drawn: its two data sources disagree by up to 13% on reported income across 10 comparable periods, so nothing from the second source is placed here — the PEG ratio and its quarterly curve, the quarterly return curves, the annual return-on-invested-capital overlay, the total-debt and debt-to-equity series and the F-score and the return-on-invested-capital reading are absent for that reason. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Senores Pharmaceuticals Ltd trades at ₹1,405, in a confirmed uptrend and 52 weeks into that stage. That is +49.2% against its own 200-day average. It sits at 98% of a 52-week range of ₹674 to ₹1,418. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 21 straight weeks.

Today the stock is in a confirmed uptrend — week 52 of stage 2, confirmed. At ₹1,405 it trades +49.2% versus its 200-day average and sits at 98% of its 52-week range (₹674–₹1,418).

Jul 26: ₹1,405 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 2-year window.
+49.2% versus the 200-day line, week 52 of stage 2
Price50-day avg200-day avg
S4S4S2₹1,492₹1,222₹952₹682₹411₹1,405₹942Jan 25May 25Oct 25Mar 26Jul 26
S4S4S2₹1,492₹1,222₹952₹682₹411₹1,405₹942Jan 25Oct 25Jul 26
Beating or trailing, week by week since 2025 Each cell is one week from 2025 to now (87 weeks): the stock's trailing 13-week return minus the NIFTY 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the NIFTY 500 reading is not held.
trailing 13-week return vs the NIFTY 500
Jan 25Jul 26

Against the market, two honest reads. Cumulative: over the last 1.5 years the stock moved +145% while the NIFTY 500 moved +5% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 21 straight weeks — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 94th percentile of its own range.

02 · Valuation

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Senores Pharmaceuticals Ltd trades at 55.4× P/E, at the pricey end of its own range (94th percentile). Its long-run median P/E is 43.8×, measured across 1.6 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 55.4× is at the pricey end of its own range (94th percentile), against a long-run median of 43.8× measured over 1.6 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/E 55.4× vs a 43.8× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 1.6-year window; loss-period spikes above 58× shown pinned at the top. The eps (ttm) bars are red where the reading is lower than the quarter before.
at the pricey end of its own range (94th percentile)
P/EMedianEPS (TTM) (quarterly)
59.7×₹27.152.8×₹20.345.8×₹13.538.9×₹6.832.0×₹0.0×55.40×₹25Dec 24Apr 25Aug 25Dec 25Jul 26
59.7×₹27.152.8×₹20.345.8×₹13.538.9×₹6.832.0×₹0.0×55.40×₹25Dec 24Aug 25Jul 26
P/E
55.4×
94th percentile of 2y

🚨 Why the multiple sits where it does: over the past year annual EPS moved +96.9% against a +125.1% price move — the price outran earnings, pushing the multiple UP its own range.

Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.

The PEG ratio and its quarterly curve, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 13% on reported income across 10 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.

03 · Stage: No read

Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Senores Pharmaceuticals Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 6 quarters across 1 curve, on partial evidence.

Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. Where the trailing-twelve-month history is short, the curve falls back to single-quarter year-on-year growth — noisier, and the classifier smooths and caps base-effect spikes before reading. A missing point means that reading is not held for the quarter.
the trajectory the stage is read from
RevenueProfitEPS
77%139%60%109%42%80%25%50%6.9%20%%%53.5%105.6%70.5%Dec 23Dec 24Mar 26
77%139%60%109%42%80%25%50%6.9%20%%%53.5%105.6%70.5%Dec 23Dec 24Mar 26
ROCE Annual readings — the quarterly balance-sheet pieces this curve needs are not held for this stock, so the returns read moves once a year and carries less weight in the call.
the return curve, annual readings
ROCE
19%17%15%12%10%%15%FY23FY24FY26
19%17%15%12%10%%15%FY23FY24FY26
ROCE
Steady high
latest 15.0% · span 11.0%–18.0%

Why it matters: with too little history, an honest page says so instead of guessing a trajectory.

One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.

Growth, year by year: revenue +59.0% in FY26, profit +110.3% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn. Turnaround-year spikes shown pinned (▲).
Revenue YoYProfit YoYEPS YoY
551%322%419%241%287%160%155%79%23%0.0%%%59%110.3%FY22FY24FY26
551%322%419%241%287%160%155%79%23%0.0%%%59%110.3%FY22FY24FY26
TTM growth by quarter Trailing-twelve-month growth versus the year-ago TTM, per quarter, %: revenue (left axis); profit and EPS (right axis).
Revenue TTM YoYProfit TTM YoYEPS TTM YoY
64%117%58%93%53%70%47%46%41%22%%%62.3%110.3%Dec 23Dec 24Mar 26
64%117%58%93%53%70%47%46%41%22%%%62.3%110.3%Dec 23Dec 24Mar 26
Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; share price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue+59.0%+162.5%
Profit+110.3%+148.0%
EPS+96.9%+42.9%
Share price+125.1%
Revenue YoY (Mar 26)
+53.5%
latest quarter vs a year ago
Profit YoY (Mar 26)
+105.6%
latest quarter vs a year ago
Revenue 10y
159.3%
long-run compound pace

→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.

04 · 4-Factor Sector Score

4-Factor Sector Score

73.3/100 — rank 1 of 14 in Pharma - API · 72% evidence confidence

Senores Pharmaceuticals Ltd scores 73.3 out of 100 against the 14 companies it is compared with in Pharma - API, ranking 1. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

The four contributions add to the total exactly: 30.8 + 15.2 + 9.2 + 18.1 = 73.3. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

05 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

Senores Pharmaceuticals Ltd reported ₹175 Cr of revenue in the Mar 26 quarter, +53.5% year on year. That is the 6th straight quarter of year-on-year growth. Over 4 years it has compounded at 159.3% a year. The last full year, FY26, came in at ₹633 Cr. The last four reported quarters add to ₹646 Cr.

Senores Pharmaceuticals Ltd reported ₹175 Cr of revenue in the Mar 26 quarter, +53.5% year on year. That is the 6th straight quarter of year-on-year growth. Over 4 years it has compounded at 159.3% a year. The last full year, FY26, came in at ₹633 Cr. The last four reported quarters add to ₹646 Cr.

FY26 revenue came in at ₹633 Cr (+59.0% on the year), capping 4 years at 159.3% compound. The latest quarter (Mar 26) printed ₹175 Cr, +53.5% year on year — the 6th consecutive quarter of year-over-year growth.

FY26 revenue ₹633 Cr (+59.0% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 5-year window. A bar is red when it is lower than the year before.
159.3% a year over 4 years
RevenueYoY growth
684551%513419%342287%171155%023%₹ Cr%₹63359%FY22FY24FY26
684551%513419%342287%171155%023%₹ Cr%₹63359%FY22FY24FY26
Mar 26: ₹175 Cr (+53.5% YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
6th straight quarter of growth
Revenue (quarterly)YoY growth
18977%14260%9542%4725%06.9%₹ Cr%₹17553.5%Dec 23Dec 24Mar 26
18977%14260%9542%4725%06.9%₹ Cr%₹17553.5%Dec 23Dec 24Mar 26

Pace check: the last four quarters averaged +63.1% growth against the decade's 159.3% — the current year is running slower than its own long-run rate.

→ Revenue grew — did margins hold as it scaled? Next: 27.0% this quarter (+10.0 pp YoY).

06 · Operating margin

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Senores Pharmaceuticals Ltd's operating margin is 27.0% in the Mar 26 quarter, +10.0 percentage points against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged 14.0% to 36.0%. The current quarter sits inside that band.

Senores Pharmaceuticals Ltd's operating margin is 27.0% in the Mar 26 quarter, +10.0 percentage points against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged 14.0% to 36.0%. The current quarter sits inside that band.

The latest quarter's operating margin is 27.0%, +10.0 pp against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged 14.0%–36.0%.

Why the margin moved: operating margin went +10.1 pp year on year while gross margin went +12.5 pp — the gain came mostly from the gross line: input costs and pricing.

FY26: 27.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 5-year window.
within a 14.0–36.0% band over 5 years
operating marginYoY change (pp)
38%25%31%14%25%2.5%19%−8.8%12%−20%%%27%4%FY22FY24FY26
38%25%31%14%25%2.5%19%−8.8%12%−20%%%27%4%FY22FY24FY26
Mar 26: 27.0% operating margin (+10.0 pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
32%11%28%6.8%24%2.5%20%−1.8%16%−6.2%%%27%10%Dec 23Dec 24Mar 26
32%11%28%6.8%24%2.5%20%−1.8%16%−6.2%%%27%10%Dec 23Dec 24Mar 26

→ Margins held — did that reach the bottom line? Next: profit +105.6% in the latest quarter.

07 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Senores Pharmaceuticals Ltd earned ₹37.0 Cr of net profit in the Mar 26 quarter, +105.6% year on year. It is the 6th consecutive quarter of growth. Full-year FY26 profit was ₹122 Cr. The 4-year compound rate is 232.3%. That is 21.1% of the quarter's revenue. The same quarter a year earlier earned ₹18.0 Cr.

Senores Pharmaceuticals Ltd earned ₹37.0 Cr of net profit in the Mar 26 quarter, +105.6% year on year. It is the 6th consecutive quarter of growth. Full-year FY26 profit was ₹122 Cr. The 4-year compound rate is 232.3%. That is 21.1% of the quarter's revenue. The same quarter a year earlier earned ₹18.0 Cr.

Mar 26 profit was ₹37.0 Cr, +105.6% year on year — the 6th consecutive quarter of growth. On the full year, FY26 printed ₹122 Cr (+110.3%), and the 4-year compound rate is 232.3%.

FY26 profit ₹122 Cr (+110.3% YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 5-year window. A bar is red when it is lower than the year before.
232.3% a year over 4 years
Net profitYoY growth
132750%99569%66388%33207%026%₹ Cr%₹122110.3%FY22FY24FY26
132750%99569%66388%33207%026%₹ Cr%₹122110.3%FY22FY24FY26
Mar 26: ₹37.0 Cr (+105.6% YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
6th straight quarter of growth
Net profit (quarterly)YoY growth
40139%30109%2080%1050%020%₹ Cr%₹37105.6%Dec 23Dec 24Mar 26
40139%30109%2080%1050%020%₹ Cr%₹37105.6%Dec 23Dec 24Mar 26

Why profit moved: revenue contributed +53.5% and the margin +10.0 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.

Pace comparison, last four quarters: profit +110.0% vs revenue +63.1%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.

→ Profit rose — but did the cash follow? Next: −5% of the last 3 years' profit arrived as cash.

08 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years −5% of Senores Pharmaceuticals Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹62.0 Cr of operating cash against ₹122 Cr of profit. After ₹330 Cr of capital spending, ₹−268 Cr was left as free cash.

FY26: operating cash of ₹62.0 Cr against reported profit of ₹122 Cr, leaving free cash of ₹−268 Cr after ₹330 Cr of capital spending. Across the last 3 fiscal years the conversion rate is −5% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY26: CFO ₹62.0 Cr vs profit ₹122 Cr Operating cash flow and net profit by fiscal year, ₹ Cr; the line is free cash flow (CFO minus capital spending). 5-year window, annual resolution. FY23/FY24/FY25 reflects an acquisition year — point shown clipped.
−5% of 3-year profit arrived as cash
Operating cashNet profitFree cash
15340−73−186−299₹ Cr₹62₹122₹−268FY22FY24FY26
15340−73−186−299₹ Cr₹62₹122₹−268FY22FY24FY26
FY26: CFO = 51% of profit (three-year rate −5%) Operating cash as a share of net profit, per fiscal year, % (line). Dashed line = 100% — every unit of profit arriving as cash.
Conversion100%
188%−131%−450%−769%−1,088%%51%FY22FY24FY26
188%−131%−450%−769%−1,088%%51%FY22FY24FY26

🚨 Why conversion sits at −5%: the cash cycle tightened 341 days between FY22 and FY26 — cash that used to wait in the cycle now reaches the bank sooner. Less than 70% of profit arriving as cash is the thing to watch on this page.

Router verdict: the bigger cash user is investment — capital spending ran 13.3× depreciation over three years, so the next section's job is to check what that build-out is buying.

→ So follow the cash to where it goes. Next: ₹769 Cr of building over 3 years.

09 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Senores Pharmaceuticals Ltd's cash conversion cycle runs −24 days in FY26, down from 317 days in FY22. Capital spending ran ₹769 Cr over the last 3 years. At FY26 sales of ₹633 Cr each day of that cycle holds about ₹1.7 Cr, so roughly ₹−42.0 Cr sits inside the business at any moment.

FY26: debtors at 187 days, inventory at 130 days — roughly 4.3 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of −24 days, tighter than FY22's 317.

The full loop: cash goes out to suppliers and production on day 0; stock waits 130 days to sell; customers pay about 187 days after that; and suppliers themselves are paid at 340 days — netting out to the −24-day cycle.

In money terms: at FY26 sales of ₹633 Cr, each day of the cycle holds about ₹1.7 Cr — so the −24-day loop keeps roughly ₹−42.0 Cr sitting inside the business at any moment.

FY26: a −24-day cash cycle Debtor days, inventory days, payable days and the cash conversion cycle by fiscal year. 5-year window.
−341 days vs FY22
Cash cycleInventory daysDebtor daysPayable days
615401187−27−241days−24d130d187d340dFY22FY23FY24FY25FY26
615401187−27−241days−24d130d187d340dFY22FY24FY26

On the investment side: capital spending of ₹769 Cr over the last 3 fiscal years against ₹58.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹17.0 Cr (FY26) — capacity paid for but not yet earning.

FY26: capex ₹330 Cr, work-in-progress ₹17.0 Cr Capital spending per fiscal year, ₹ Cr (bars); capital work-in-progress, ₹ Cr (line). Quarterly capital-spending history is not held for India — annual is the honest resolution.
a build-out
CapexWork-in-progress
356267178890₹ Cr₹330₹17FY23FY24FY26
356267178890₹ Cr₹330₹17FY23FY24FY26

The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.

→ Does all this activity actually earn its cost of capital? Next: ROCE is 15%.

10 · Return on capital

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

Senores Pharmaceuticals Ltd earns a ROCE of 15% in FY26. That is up from a trough of 11% in FY25. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 19.3% net margin on 0.39× asset turns.

FY26 ROCE is 15%, recovered from a FY25 trough of 11% — the full ladder below shows the fall and the climb, undoctored.

Why the return is what it is — the wiring (FY26): 19.3% net margin × 0.39× asset turns × 1.72× balance-sheet leverage ≈ 12.9% on equity. Margin is doing the heavy lifting; leverage is a meaningful part of the equation.

FY26: ROCE 15% Return on capital employed by fiscal year, % (line). 4-year window, dips included. Dashed line = the 12.0% cost of capital used on this page.
the climb back from FY25's 11%
ROCEWACC
19%17%15%12%10%%15%FY23FY24FY26
19%17%15%12%10%%15%FY23FY24FY26

The quarterly return curves and the return-on-invested-capital overlay, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 13% on reported income across 10 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.37.

11 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.

Senores Pharmaceuticals Ltd carries ₹342 Cr of borrowings against ₹934 Cr of equity in FY26, a debt-to-equity of 0.37. Operating profit covers the interest bill 7×. Over 4 years borrowings went from ₹15.0 Cr to ₹342 Cr. Capital spending ran ₹769 Cr across the last 3 of those years.

FY26: borrowings of ₹342 Cr against equity of ₹934 Cr — a debt-to-equity of 0.37. Operating profit covers the interest bill 7×. Over 4 years borrowings went from ₹15.0 Cr to ₹342 Cr while capital spending ran ₹769 Cr in just the last 3 — part of the build-out is riding on borrowed money.

FY26: borrowings ₹342 Cr at 0.37× equity Borrowings by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 5-year window. Quarterly balance-sheet history is not held for India — annual is the honest resolution.
the debt trajectory
BorrowingsDebt-to-equity
3691.5×2771.2×1850.9×920.6×00.3×₹ Cr×₹3420.37×FY22FY23FY24FY25FY26
3691.5×2771.2×1850.9×920.6×00.3×₹ Cr×₹3420.37×FY22FY24FY26

The total-debt and debt-to-equity series, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 13% on reported income across 10 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

→ Who owns this, and are they adding or leaving? Next: Foreign institutions added 2.4 points over 6 quarters.

12 · Ownership

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

Foreign institutions added 2.4 points of Senores Pharmaceuticals Ltd over 6 quarters, the biggest move on the register. That takes foreign institutions to 6.6% of the company. Domestic institutions moved −2.0 points over the same window, to 9.8%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Foreign institutions: +2.4 points over 6 quarters to 6.6%; Domestic institutions: −2.0 points over 6 quarters to 9.8%; Promoters: +0.0 points over 6 quarters to 45.8%.

Why the register moved: rotation — foreign institutions +2.4 points against domestic institutions −2.0 points over 6 quarters, with promoters holding steady — one class of institutions handing the register to the other, not a verdict change by the people closest to the numbers.

Fiscal-year ends: promoters +0.0 pts from Mar 25 to Mar 26 Shareholding at each fiscal-year end (March quarter), % of the company. 2 year-ends held.
PromotersForeign inst.Domestic inst.Public
49%37%25%12%0.0%%45.8%3.6%9.6%40.9%Mar 25Mar 26
49%37%25%12%0.0%%45.8%3.6%9.6%40.9%Mar 25Mar 26
Foreign institutions added 2.4 points over 6 quarters Shareholding by holder class, % of the company, quarterly, last 7 quarters.
PromotersForeign inst.Domestic inst.Public
49%37%25%12%0.0%%45.8%6.6%9.8%37.8%Dec 24Sep 25Jun 26
49%37%25%12%0.0%%45.8%6.6%9.8%37.8%Dec 24Sep 25Jun 26

→ One last check: does the safety math agree? Next: the balance-sheet safety line.

13 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Senores Pharmaceuticals Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

Related companies · same sector · Pharma - API Every company is compared on the shape of its own curves, not static ratios. The Revenue, EPS and ROCE columns each draw that company's last 12 quarters as a mini line of the ACTUAL level (trailing-twelve-month revenue and EPS, and the ROCE itself) — so a line that climbs is a business getting bigger, a line that sinks is one shrinking. The colour tracks the same line: green when it is rising or steadily healthy, amber when it is rolling over from a high (still elevated but turning down), red when it is falling, grey when flat or stuck. Colour and direction always agree — a green line never points down. The ROCE curve is the return on capital (annual readings for peers, so a slightly coarser line than the quarterly one at the top of this page). The Stage column then runs the same 12-quarter trajectory classifier used at the top of the page on each company and names where it sits. What lands a company in each bucket: CONSISTENT — growth stays positive across the window and returns are healthy (ROCE ≥ 15%, or ROE ≥ 12% for lenders); IMPROVING — profit or EPS fell into real decline, bottomed a few quarters back, and has climbed back to positive and held there; TURNING AROUND — the same kind of trough but more recent, with the latest quarters just lifting off it (an early, unconfirmed turn); TOPPING OUT — growth is still positive but decelerating hard from its own peak while returns have stopped rising; DETERIORATING — two or more growth curves are shrinking (latest below zero) and staying there, not one soft quarter; MIXED — the curves genuinely disagree, or no clean majority, so no single word fits; NO READ — fewer than eight usable quarters. It is a like-for-like read of every company against its own past, not a ranking against the group.
CompanyP/EMkt capRevenueEPSROCEStage
Senores Pharmaceuticals Ltd this page55.4×₹6,390 CrNo read
Aarti Pharmalabs Ltd34.6×₹6,110 CrMixed
Innova Captab Ltd38.8×₹5,439 CrConsistent
Orchid Pharma Ltd185.0×₹5,014 CrTurning around
Gujarat Themis Biosyn Ltd84.2×₹3,928 CrTurning around
Aarti Drugs Ltd18.9×₹3,692 CrMixed
Beta Drugs Ltd52.9×₹2,413 CrTurning around
Ind-Swift Laboratories Ltd40.0×₹1,978 CrNo read
Jagsonpal Pharmaceuticals Ltd32.7×₹1,461 CrMixed
Fermenta Biotech Ltd20.2×₹1,272 CrNo read
Wanbury Ltd27.0×₹1,160 CrTurning around
Themis Medicare Ltd613.0×₹1,012 CrMixed
Fermenta Biotech Ltd11.2×₹989 CrNo read
Kopran Ltd37.3×₹960 CrTurning around
Anuh Pharma Ltd21.8×₹792 CrTurning around
12 · Frequently asked questions

Frequently asked questions

What is Senores Pharmaceuticals Ltd's share price today?

Senores Pharmaceuticals Ltd trades at ₹1,405, +125.1% over the past year. The company is valued at ₹6,390 Cr. The stock sits at 98% of its 52-week range of ₹674–₹1,418, +49.2% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 52 weeks in. — as of 24 July 2026.

What were Senores Pharmaceuticals Ltd's latest quarterly results?

Senores Pharmaceuticals Ltd reported revenue of ₹175 Cr and net profit of ₹37.0 Cr for the Mar 26 quarter. Revenue rose 53.5% and profit rose 105.6% year on year. Earnings per share were ₹6.86. The operating margin was 27.0%, 10.0 pp higher than a year earlier. — as of 24 July 2026.

What is Senores Pharmaceuticals Ltd's revenue?

Senores Pharmaceuticals Ltd reported revenue of ₹175 Cr in the Mar 26 quarter, +53.5% year on year. For the full FY26 fiscal year, revenue was ₹633 Cr (+59.0%). Over the last 4 years revenue compounded at 159.3% a year. — as of 24 July 2026.

What is Senores Pharmaceuticals Ltd's profit?

Senores Pharmaceuticals Ltd earned ₹37.0 Cr of net profit in the Mar 26 quarter, +105.6% year on year — the 6th straight quarter of growth. Full-year FY26 profit was ₹122 Cr. The operating margin ran 27.0% in the latest quarter. — as of 24 July 2026.

What is Senores Pharmaceuticals Ltd's market cap?

Senores Pharmaceuticals Ltd's market capitalisation is ₹6,390 Cr at a share price of ₹1,405. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.

What is Senores Pharmaceuticals Ltd's P/E ratio?

Senores Pharmaceuticals Ltd trades at a P/E of 55.4×, at the 94th percentile of its own 2-year range, against a long-run median of 43.8×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.

Does Senores Pharmaceuticals Ltd pay a dividend?

No — Senores Pharmaceuticals Ltd has recorded a dividend payout of 0% of profit in each of its last 5 reported fiscal years, so there is no payout history to quote. That is a reading of the filed annual statements, not an estimate. — as of 24 July 2026.

Is Senores Pharmaceuticals Ltd overvalued?

On its own history, Senores Pharmaceuticals Ltd looks expensive against its own history: its P/E of 55.4× sits at the 94th percentile of its 2-year range (long-run median 43.8×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 24 July 2026.

Is Senores Pharmaceuticals Ltd growing?

Yes — Senores Pharmaceuticals Ltd is growing: latest-quarter revenue +53.5% year on year, profit +105.6%, and the margin +10.0 pp at 27.0%. The 4-year compound rates are 159.3% (revenue) and 232.3% (profit). The earnings engine currently reads: improving — as of 24 July 2026.

How is Senores Pharmaceuticals Ltd performing?

Senores Pharmaceuticals Ltd is in a confirmed uptrend, 52 weeks in. Its latest quarter's revenue rose 53.5% and profit rose 105.6% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 21 weeks. This describes what the data did, not a rating. — as of 24 July 2026.

Is Senores Pharmaceuticals Ltd in an uptrend?

Yes — the price is in a confirmed uptrend (week 52 of stage 2), trading +49.2% versus its 200-day average and at 98% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.

Is Senores Pharmaceuticals Ltd beating the market?

On recent form, yes — Senores Pharmaceuticals Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 21 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 1.5 years the stock moved +145% against the NIFTY 500's +5% — ahead of the index over the full window. — as of 24 July 2026.

Will Senores Pharmaceuticals Ltd's share price go up?

This page publishes no price forecast for Senores Pharmaceuticals Ltd. What it measures instead: the share price is ₹1,405, the price is in a confirmed uptrend 52 weeks in. Its P/E of 55.4× sits at the 94th percentile of its own 2-year range. — as of 24 July 2026.

Who owns Senores Pharmaceuticals Ltd?

Promoters hold 45.8% of Senores Pharmaceuticals Ltd, foreign institutions 6.6%, domestic institutions 9.8% and the public 37.8% (latest quarter). The biggest move on the register over the last two years: Foreign institutions added 2.4 points over 6 quarters. — as of 24 July 2026.

Does Senores Pharmaceuticals Ltd have too much debt?

It is moderate — Senores Pharmaceuticals Ltd's debt-to-equity is 0.37, and operating profit covers the interest bill 7×. FY26 borrowings were ₹342 Cr against equity of ₹934 Cr. Read the returns on this page with that leverage in mind — as of 24 July 2026.

What is Senores Pharmaceuticals Ltd's capex?

Senores Pharmaceuticals Ltd spent ₹769 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹330 Cr, with ₹17.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.

What is Senores Pharmaceuticals Ltd's cash flow?

Senores Pharmaceuticals Ltd generated ₹62.0 Cr of operating cash flow in FY26 and ₹−268 Cr of free cash flow after ₹330 Cr of capital spending. Reported profit that year was ₹122 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 24 July 2026.

Is Senores Pharmaceuticals Ltd's profit real cash?

Not fully — over the last 3 fiscal years, −5% of Senores Pharmaceuticals Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹62.0 Cr against reported profit of ₹122 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 24 July 2026.

Where is Senores Pharmaceuticals Ltd in its business cycle?

Senores Pharmaceuticals Ltd's FY26 operating margin was 27.0%, against a 5-year band of 14.0%–36.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 27.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.

What could break the Senores Pharmaceuticals Ltd story?

The sharpest disagreement: profits are rising, but only −5% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.

Is Senores Pharmaceuticals Ltd a stock worth studying right now?

This is not investment advice. The machine read: Senores Pharmaceuticals Ltd's price has outrun its earnings. +125.1% in a year against EPS +96.9% — the market is paying now for delivery later. The sharpest open question: whether the cash starts following the profit. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.

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