Senco Gold Ltd
SENCOSenco Gold Ltd is coiled. The quarters are improving, yet the P/E sits at the 17th percentile of its own 3-year range — the business is moving before the market.
The sharpest disagreement: profits are rising, but only −113% 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 (3 weeks in) while the P/E sits at the 17th percentile of its own 3-year range. Underneath, the last four quarters read improving — profit +153.2% year on year, and −113% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.
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.
Senco Gold Ltd trades at ₹403, in a confirmed uptrend and 3 weeks into that stage. That is +17.4% against its own 200-day average. It sits at 100% of a 52-week range of ₹285 to ₹403. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 4 straight weeks.
Today the stock is in a confirmed uptrend — week 3 of stage 2, confirmed. At ₹403 it trades +17.4% versus its 200-day average and sits at 100% of its 52-week range (₹285–₹403).
Against the market, two honest reads. Cumulative: over the last 3.0 years the stock moved +99% while the NIFTY 500 moved +38% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 4 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.
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.
Senco Gold Ltd trades at 11.5× P/E, near the bottom of its own range — cheaper only 17% of the time. Its long-run median P/E is 27.9×, measured across 3.0 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 11.5× is near the bottom of its own range — cheaper only 17% of the time, against a long-run median of 27.9× measured over 3.0 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
One caveat before moving on: margins are the best this company has ever printed — cheap against its own history on record margins is not the same thing as cheap. If profitability mean-reverts, today's multiple is higher than it looks.
Why the multiple sits where it does: over the past year annual EPS moved +260.3% against a +28.3% price move — earnings outran the price, pushing the multiple DOWN its own range.
The price move, decomposed: over 3y, of the +24.9%/yr price move, ~+35.2%/yr came from earnings growth and ~−10.3 pp from the multiple (compressing). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.
Stage: Turning around 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).
Senco Gold Ltd reads as turning around on its fundamental arc. Turning around — EPS growth swung from −16.3% at the trough to +252.9% off a 4-quarter-old trough, ROCE slipping at 18.5%. The read is built from 9 quarters across 4 curves, on full evidence.
Why it matters: growth inflections are where re-ratings start — the curves say a turn is forming, so the question becomes whether the next quarters confirm it.
The latest quarter’s profit carries a one-off item larger than the operating base, so the profit curve is shown but does not vote in the stage call.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +33.2% | +27.4% | +25.9% | — |
| Profit | +261.0% | +53.7% | +56.6% | — |
| EPS | +260.3% | +35.2% | +43.4% | — |
| Share price | +28.3% | +24.9% | — | — |
4-Factor Sector Score
71.3/100 — rank 3 of 26 in Diamond, Gems & Jewellery · 90% evidence confidence
Senco Gold Ltd scores 71.3 out of 100 against the 26 companies it is compared with in Diamond, Gems & Jewellery, ranking 3. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 28.8 + 15.3 + 15.1 + 12.1 = 71.3. 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.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Senco Gold Ltd reported ₹1,997 Cr of revenue in the Mar 26 quarter, +44.9% year on year. That is the 12th straight quarter of year-on-year growth. Over 12 years it has compounded at 16.7% a year. The last full year, FY26, came in at ₹8,430 Cr. The last four reported quarters add to ₹8,430 Cr.
FY26 revenue came in at ₹8,430 Cr (+33.2% on the year), capping 12 years at 16.7% compound. The latest quarter (Mar 26) printed ₹1,997 Cr, +44.9% year on year — the 12th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +31.9% growth against the decade's 16.7% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +33.2% over the last 4 quarters against +26.8%/yr over the last 8 — accelerating; TTM profit +263.9% vs +78.2%/yr — accelerating.
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.
Senco Gold Ltd's operating margin is 14.0% in the Mar 26 quarter, +5.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 11 fiscal years the operating margin has ranged 5.0% to 11.0%. The current quarter is running above every full year in that window.
The latest quarter's operating margin is 14.0%, +5.0 pp against the same quarter a year ago. Across 11 fiscal years the operating margin has ranged 5.0%–11.0%, and FY26's 11.0% is the top of that band — a record year.
Why the margin moved: operating margin went +4.5 pp year on year while gross margin went +5.6 pp — the gain came mostly from the gross line: input costs and pricing.
Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Senco Gold Ltd earned ₹157 Cr of net profit in the Mar 26 quarter, +153.2% year on year. It is the 5th consecutive quarter of growth. Full-year FY26 profit was ₹574 Cr. The 12-year compound rate is 26.0%. That is 7.9% of the quarter's revenue. The same quarter a year earlier earned ₹62.0 Cr.
Mar 26 profit was ₹157 Cr, +153.2% year on year — the 5th consecutive quarter of growth. On the full year, FY26 printed ₹574 Cr (+261.0%), and the 12-year compound rate is 26.0%.
Why profit moved: revenue contributed +44.9% and the margin +5.0 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.
Pace comparison, last four quarters: profit +316.9% vs revenue +31.9%. 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.
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 −113% of Senco Gold Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹−789 Cr of operating cash against ₹574 Cr of profit. After ₹152 Cr of capital spending, ₹−941 Cr was left as free cash.
FY26: operating cash of ₹−789 Cr against reported profit of ₹574 Cr, leaving free cash of ₹−941 Cr after ₹152 Cr of capital spending. Across the last 3 fiscal years the conversion rate is −113% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
🚨 Why conversion sits at −113%: the cash cycle stretched 99 days between FY21 and FY26 — more of each rupee of profit waits inside the cycle before arriving. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: conversion is below par and the cash cycle has stretched 99 days — the next section's job is to find where the cash is stuck.
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).
Senco Gold Ltd's cash conversion cycle runs 259 days in FY26, up from 160 days in FY21. Capital spending ran ₹394 Cr over the last 3 years. At FY26 sales of ₹8,430 Cr each day of that cycle holds about ₹23.1 Cr, so roughly ₹5,982 Cr sits inside the business at any moment.
FY26: debtors at 10 days, inventory at 286 days — roughly 9.4 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 259 days, looser than FY21's 160.
The full loop: cash goes out to suppliers and production on day 0; stock waits 286 days to sell; customers pay about 10 days after that; and suppliers themselves are paid at 37 days — netting out to the 259-day cycle.
In money terms: at FY26 sales of ₹8,430 Cr, each day of the cycle holds about ₹23.1 Cr — so the 259-day loop keeps roughly ₹5,982 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹394 Cr over the last 3 fiscal years against ₹210 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹2.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the working-capital loop is the cash sink the router flagged — watch the cycle, not the P&L.
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.
Senco Gold Ltd earns a ROCE of 21% in FY26. That is up from a trough of 10% in FY25. Return on invested capital clears the cost of that capital by +3.4 percentage points, so growth here adds value rather than only size. The wiring behind it is 6.8% net margin on 1.19× asset turns.
FY26 ROCE is 21%, recovered from a FY25 trough of 10% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY26): 6.8% net margin × 1.19× asset turns × 2.81× balance-sheet leverage ≈ 22.7% on equity. Margin does its share; leverage is a meaningful part of the equation.
The capstone test — ROIC − WACC: 15.4% − 12.0% = a +3.4 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Positive but thin — value creation with little room for error.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.
Senco Gold Ltd carries total debt of ₹2,699 Cr against shareholder equity of ₹2,514 Cr as of Mar 26, a debt-to-equity of 1.07. On the annual view that ratio went from 1.47 in FY23 to 1.07 in FY26. Read the returns elsewhere on this page with that leverage in mind.
Mar 26: total debt of ₹2,699 Cr against shareholder equity of ₹2,514 Cr — a debt-to-equity of 1.07. On the annual view, debt-to-equity went from 1.47 (FY23) to 1.07 (FY26). Read the returns on this page with that leverage in mind.
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.
Promoters cut 4.0 points of Senco Gold Ltd over 8 quarters, the biggest move on the register. That takes promoters to 64.5% of the company. Domestic institutions moved +3.1 points over the same window, to 13.5%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Promoters: −4.0 points over 8 quarters to 64.5%; Domestic institutions: +3.1 points over 8 quarters to 13.5%; Foreign institutions: −0.8 points over 8 quarters to 6.9%.
🚨 Why the register moved: promoters drove it (−4.0 points), absorbed on the other side by domestic institutions (+3.1 points) — distribution into the market’s bid.
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.
Senco Gold 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.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Tribhovandas Bhimji Zaveri LtdTBZ | 77.9/100Favorable setup83% evidence | BREAKING OUT | 28.0/35 Revenue 22.3% · PAT 100% · OPM change 7 pp 83% evidence | 17.6/25 ROCE 21.4% · OPM 14% 95% evidence | 13.9/20 P/E 9.1× · PEG — 50% evidence | 18.4/20 RS sector 30.1% · RS bench 57.6% · 1Y 46.1%10 of 12 weeks ahead 100% evidence |
| Exact sum: 28 + 17.6 + 13.9 + 18.4 = 77.9 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 2Khazanchi Jewellers Ltd543953 | 72.3/100Favorable setup72% evidence | TURNING | 26.5/35 Revenue 15.7% · PAT 100% · OPM change 3.9 pp 83% evidence | 18.5/25 ROCE 34.8% · OPM 7% 76% evidence | 13.5/20 P/E 20× · PEG — 50% evidence | 13.8/20 RS sector 13.2% · RS bench 5.2% · 1Y 20%1 of 10 weeks ahead 70% evidence |
| Exact sum: 26.5 + 18.5 + 13.5 + 13.8 = 72.3 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 3Senco Gold Ltdthis pageSENCO | 71.3/100Favorable setup90% evidence | TURNING | 28.8/35 Revenue 33.2% · PAT 100% · OPM change 5 pp 88% evidence | 15.3/25 ROCE 20.9% · OPM 14% 100% evidence | 15.1/20 P/E 11.5× · PEG 1.35 100% evidence | 12.1/20 RS sector -1.1% · RS bench 18.8% · 1Y 18.6%9 of 11 weeks ahead 70% evidence |
| Exact sum: 28.8 + 15.3 + 15.1 + 12.1 = 71.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4Sky Gold & Diamonds LtdSKYGOLD | 68.7/100Favorable setup93% evidence | LEADER | 26.0/35 Revenue 77.4% · PAT 100% · OPM change 1 pp 83% evidence | 16.7/25 ROCE 27% · OPM 7% 95% evidence | 8.0/20 P/E 36.2× · PEG 1.71 100% evidence | 18.0/20 RS sector 35.8% · RS bench 63.5% · 1Y 113.7%12 of 12 weeks ahead 100% evidence |
| Exact sum: 26 + 16.7 + 8 + 18 = 68.7 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 5Utssav CZ Gold Jewels LtdUTSSAV | 67.1/100Thin evidence · provisional56% evidence | LEADER | 19.6/35 Revenue — · PAT — · OPM change 0 pp 26% evidence | 17.9/25 ROCE 28.8% · OPM 7% 95% evidence | 9.7/20 P/E 21.2× · PEG — 15% evidence | 19.9/20 RS sector 65.4% · RS bench 98% · 1Y 136%12 of 12 weeks ahead 100% evidence |
| Exact sum: 19.6 + 17.9 + 9.7 + 19.9 = 67.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 6Thangamayil Jewellery LtdTHANGAMAYL | 62.7/100Mixed-positive evidence100% evidence | LEADER | 26.9/35 Revenue 83.2% · PAT 100% · OPM change -1 pp 100% evidence | 13.3/25 ROCE 25.5% · OPM 5% 100% evidence | 9.8/20 P/E 41.4× · PEG 0.77 100% evidence | 12.7/20 RS sector 18.4% · RS bench 42.3% · 1Y 185%11 of 12 weeks ahead 100% evidence |
| Exact sum: 26.9 + 13.3 + 9.8 + 12.7 = 62.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 7Shanti Gold International LtdSHANTIGOLD | 61.0/100Mixed-positive evidence70% evidence | TURNING | 22.3/35 Revenue 82.5% · PAT 100% · OPM change 3 pp 83% evidence | 20.1/25 ROCE 33.5% · OPM 10% 95% evidence | 11.1/20 P/E 11.2× · PEG — 15% evidence | 7.5/20 RS sector -16.8% · RS bench 1.5% · 1Y -5.2%9 of 12 weeks ahead 70% evidence |
| Exact sum: 22.3 + 20.1 + 11.1 + 7.5 = 61 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 8Kalyan Jewellers India LtdKALYANKJIL | 57.7/100Mixed-positive evidence96% evidence | TURNING | 23.8/35 Revenue 42.7% · PAT 89% · OPM change 1 pp 88% evidence | 11.4/25 ROCE 20.5% · OPM 7% 100% evidence | 5.6/20 P/E 45.9× · PEG 2.19 100% evidence | 16.9/20 RS sector 9.7% · RS bench 33.5% · 1Y 3.1%3 of 12 weeks ahead 100% evidence |
| Exact sum: 23.8 + 11.4 + 5.6 + 16.9 = 57.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 9Vaibhav Global LtdVAIBHAVGBL | 57.7/100Mixed-positive evidence90% evidence | TURNING | 18.2/35 Revenue 9.3% · PAT 74.5% · OPM change 2 pp 88% evidence | 13.2/25 ROCE 16.4% · OPM 9% 100% evidence | 16.6/20 P/E 16.6× · PEG 0.33 100% evidence | 9.7/20 RS sector -6.5% · RS bench 14.1% · 1Y 14.4%5 of 10 weeks ahead 70% evidence |
| Exact sum: 18.2 + 13.2 + 16.6 + 9.7 = 57.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 10Uday Jewellery Industries Ltd539518 | 57.1/100Mixed-positive evidence78% evidence | 27.6/35 Revenue 100% · PAT 100% · OPM change 3 pp 83% evidence | 14.6/25 ROCE 22.4% · OPM 7% 76% evidence | 12.1/20 P/E 13.7× · PEG — 50% evidence | 2.8/20 RS sector -19.1% · RS bench -3.8% · 1Y -4.7%9 of 10 weeks ahead 100% evidence | |
| Exact sum: 27.6 + 14.6 + 12.1 + 2.8 = 57.1 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -19.1% and the one-year return is -4.7%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 11RBZ Jewellers LtdRBZJEWEL | 55.6/100Mixed-positive evidence83% evidence | TURNING | 19.1/35 Revenue 20% · PAT 41% · OPM change 0 pp 83% evidence | 14.9/25 ROCE 21.8% · OPM 11% 95% evidence | 13.8/20 P/E 10.9× · PEG — 50% evidence | 7.8/20 RS sector -12.3% · RS bench 6.9% · 1Y 9.7%6 of 12 weeks ahead 100% evidence |
| Exact sum: 19.1 + 14.9 + 13.8 + 7.8 = 55.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 12P N Gadgil Jewellers LtdPNGJL | 54.4/100Mixed-positive evidence93% evidence | TURNING | 26.1/35 Revenue 47.8% · PAT 76.6% · OPM change 2 pp 100% evidence | 12.6/25 ROCE 20.9% · OPM 8% 100% evidence | 8.6/20 P/E 20.3× · PEG 1.77 65% evidence | 7.1/20 RS sector -9.8% · RS bench 10.1% · 1Y 15.2%0 of 12 weeks ahead 100% evidence |
| Exact sum: 26.1 + 12.6 + 8.6 + 7.1 = 54.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 13Shringar House of Mangalsutra LtdSHRINGARMS | 53.2/100Thin evidence · provisional56% evidence | BREAKING OUT | 17.3/35 Revenue 57.2% · PAT 90.2% · OPM change -1 pp 83% evidence | 15.8/25 ROCE 26.8% · OPM 6% 95% evidence | 10.1/20 P/E 18.6× · PEG — 15% evidence | 10.0/20 RS sector — · RS bench — · 1Y —6 of 12 weeks ahead 0% evidence |
| Exact sum: 17.3 + 15.8 + 10.1 + 10 = 53.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 14Titan Company LtdTITAN | 51.8/100Mixed-positive evidence96% evidence | TURNING | 19.1/35 Revenue 44.9% · PAT 52% · OPM change -3 pp 88% evidence | 14.9/25 ROCE 20.5% · OPM 7% 100% evidence | 8.5/20 P/E 84× · PEG 1.43 100% evidence | 9.3/20 RS sector -2.6% · RS bench 18.6% · 1Y 40.9%1 of 12 weeks ahead 100% evidence |
| Exact sum: 19.1 + 14.9 + 8.5 + 9.3 = 51.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 15Golkunda Diamonds & Jewellery Ltd523676 | 51.7/100Thin evidence · provisional57% evidence | 13.3/35 Revenue 1.3% · PAT -12.4% · OPM change -0.8 pp 53% evidence | 13.4/25 ROCE 19.9% · OPM 9.7% 57% evidence | 8.9/20 P/E 16× · PEG — 50% evidence | 16.1/20 RS sector 61.7% · RS bench 52.8% · 1Y 53.4%9 of 12 weeks ahead to 2026-03-29 70% evidence | |
| Exact sum: 13.3 + 13.4 + 8.9 + 16.1 = 51.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 16D.P. Abhushan LtdDPABHUSHAN | 50.9/100Mixed-positive evidence100% evidence | TURNING | 21.3/35 Revenue 9.4% · PAT 79.6% · OPM change 0.7 pp 100% evidence | 15.3/25 ROCE 24.4% · OPM 10.7% 100% evidence | 4.7/20 P/E 74.2× · PEG 1.87 100% evidence | 9.6/20 RS sector -16.9% · RS bench 1.6% · 1Y -21.5%3 of 12 weeks ahead 100% evidence |
| Exact sum: 21.3 + 15.3 + 4.7 + 9.6 = 50.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 17PNGS Gargi Fashion Jewellery Ltd543709 | 47.4/100Mixed-negative evidence76% evidence | ASLEEP | 8.4/35 Revenue 18.3% · PAT 8.7% · OPM change -3.5 pp 95% evidence | 20.7/25 ROCE 33.8% · OPM 19.8% 76% evidence | 10.7/20 P/E 21.2× · PEG — 50% evidence | 7.6/20 RS sector -2.3% · RS bench -30.5% · 1Y -27.9%1 of 10 weeks ahead 70% evidence |
| Exact sum: 8.4 + 20.7 + 10.7 + 7.6 = 47.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 18Bluestone Jewellery & Lifestyle LtdBLUESTONE | 46.4/100Thin evidence · provisional54% evidence | TURNING | 23.5/35 Revenue 40% · PAT 100% · OPM change 3.4 pp 74% evidence | 4.4/25 ROCE 7.1% · OPM 14.5% 100% evidence | 8.5/20 P/E 221× · PEG — 15% evidence | 10.0/20 RS sector — · RS bench — · 1Y 49.4%7 of 10 weeks ahead 0% evidence |
| Exact sum: 23.5 + 4.4 + 8.5 + 10 = 46.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 19PC Jeweller LtdPCJEWELLER | 43.3/100Mixed-negative evidence90% evidence | ASLEEP | 14.5/35 Revenue 49.4% · PAT 23.7% · OPM change -3 pp 88% evidence | 8.2/25 ROCE 9.6% · OPM 18% 100% evidence | 16.2/20 P/E 12.6× · PEG 0.26 100% evidence | 4.4/20 RS sector -22.2% · RS bench -12.7% · 1Y -36.4%1 of 11 weeks ahead 70% evidence |
| Exact sum: 14.5 + 8.2 + 16.2 + 4.4 = 43.3 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 20Radhika Jeweltech LtdRADHIKAJWE | 43.3/100Mixed-negative evidence83% evidence | TURNING | 11.6/35 Revenue 8.7% · PAT 30% · OPM change -6.7 pp 83% evidence | 14.3/25 ROCE 25.1% · OPM 5.7% 95% evidence | 10.7/20 P/E 11.3× · PEG — 50% evidence | 6.7/20 RS sector -20.8% · RS bench -3.1% · 1Y -27.2%1 of 12 weeks ahead 100% evidence |
| Exact sum: 11.6 + 14.3 + 10.7 + 6.7 = 43.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 21Motisons Jewellers LtdMOTISONS | 42.0/100Mixed-negative evidence83% evidence | FADING | 13.4/35 Revenue 5.9% · PAT 47.6% · OPM change -9.4 pp 83% evidence | 12.8/25 ROCE 17.9% · OPM 6.1% 95% evidence | 11.8/20 P/E 25.3× · PEG — 50% evidence | 4.0/20 RS sector -24.3% · RS bench -7.5% · 1Y -33.4%2 of 12 weeks ahead 100% evidence |
| Exact sum: 13.4 + 12.8 + 11.8 + 4 = 42 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 22Manoj Vaibhav Gems N Jewellers LtdMVGJL | 40.1/100Mixed-negative evidence83% evidence | ASLEEP | 12.6/35 Revenue 15.1% · PAT 13.9% · OPM change -1 pp 83% evidence | 10.1/25 ROCE 15.6% · OPM 5% 95% evidence | 14.1/20 P/E 7.1× · PEG — 50% evidence | 3.3/20 RS sector -22.3% · RS bench -5% · 1Y -22.3%1 of 12 weeks ahead 100% evidence |
| Exact sum: 12.6 + 10.1 + 14.1 + 3.3 = 40.1 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 23Asian Star Company LtdASTAR | 27.8/100Adverse evidence75% evidence | ASLEEP | 12.0/35 Revenue -2.5% · PAT -2.5% · OPM change 0.2 pp 62% evidence | 7.2/25 ROCE 3.6% · OPM 0.8% 95% evidence | 6.8/20 P/E 23.6× · PEG — 50% evidence | 1.8/20 RS sector -27.2% · RS bench -10.9% · 1Y -21%2 of 12 weeks ahead 100% evidence |
| Exact sum: 12 + 7.2 + 6.8 + 1.8 = 27.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 24Rajesh Exports LtdRAJESHEXPO | 26.8/100Adverse evidence96% evidence | ASLEEP | 16.3/35 Revenue 84% · PAT 15.6% · OPM change -0.1 pp 88% evidence | 4.4/25 ROCE 1.9% · OPM -0.1% 100% evidence | 5.8/20 P/E 22.3× · PEG 1.74 100% evidence | 0.3/20 RS sector -53.8% · RS bench -43.2% · 1Y -56.6%0 of 12 weeks ahead 100% evidence |
| Exact sum: 16.3 + 4.4 + 5.8 + 0.3 = 26.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 25PNGS Reva Diamond Jewellery LimitedPNGSREVA | 60.0/100Thin evidence · provisional43% evidence | ASLEEP | 23.5/35 Revenue — · PAT — · OPM change 7 pp 45% evidence | 16.1/25 ROCE 22% · OPM 29% 95% evidence | 10.4/20 P/E 16.1× · PEG — 15% evidence | 10.0/20 RS sector — · RS bench — · 1Y —0 of 3 weeks ahead 0% evidence |
| Exact sum: 23.5 + 16.1 + 10.4 + 10 = 60 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 26SJ Corporation Ltd504398 | 42.1/100Thin evidence · provisional28% evidence | TURNING | 16.0/35 Revenue — · PAT — · OPM change -5.2 pp 10% evidence | 3.6/25 ROCE 0.1% · OPM -4.8% 76% evidence | 10.0/20 P/E — · PEG — 0% evidence | 12.5/20 RS sector — · RS bench 175.1% · 1Y —3 of 3 weeks ahead 25% evidence |
| Exact sum: 16 + 3.6 + 10 + 12.5 = 42.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is Senco Gold Ltd's share price today?
Senco Gold Ltd trades at ₹403, +28.3% over the past year. The company is valued at ₹6,608 Cr. The stock sits at 100% of its 52-week range of ₹285–₹403, +17.4% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 3 weeks in. — as of 31 July 2026.
What were Senco Gold Ltd's latest quarterly results?
Senco Gold Ltd reported revenue of ₹1,997 Cr and net profit of ₹157 Cr for the Mar 26 quarter. Revenue rose 44.9% and profit rose 153.2% year on year. Earnings per share were ₹9.58. The operating margin was 14.0%, 5.0 pp higher than a year earlier. — as of 31 July 2026.
What is Senco Gold Ltd's revenue?
Senco Gold Ltd reported revenue of ₹1,997 Cr in the Mar 26 quarter, +44.9% year on year. For the full FY26 fiscal year, revenue was ₹8,430 Cr (+33.2%). Over the last 12 years revenue compounded at 16.7% a year. — as of 31 July 2026.
What is Senco Gold Ltd's profit?
Senco Gold Ltd earned ₹157 Cr of net profit in the Mar 26 quarter, +153.2% year on year — the 5th straight quarter of growth. Full-year FY26 profit was ₹574 Cr. The operating margin ran 14.0% in the latest quarter. — as of 31 July 2026.
What is Senco Gold Ltd's market cap?
Senco Gold Ltd's market capitalisation is ₹6,608 Cr at a share price of ₹403. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 31 July 2026.
What is Senco Gold Ltd's P/E ratio?
Senco Gold Ltd trades at a P/E of 11.5×, at the 17th percentile of its own 3-year range, against a long-run median of 27.9×. This is a comparison with the stock's own history, not a value call — as of 31 July 2026.
Does Senco Gold Ltd pay a dividend?
Yes — Senco Gold Ltd's dividend payout was 3% of profit in FY26, and it recorded a payout in 6 of its last 11 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 31 July 2026.
Is Senco Gold Ltd overvalued?
On its own history, Senco Gold Ltd looks cheap against its own history: its P/E of 11.5× has been cheaper only 17% of the time in 3 years (long-run median 27.9×). That is a percentile read against the stock's own past, not a price opinion or a direction call. One caveat: margins are the best this company has ever printed — cheap on record margins is not the same thing as cheap. — as of 31 July 2026.
Is Senco Gold Ltd growing?
Yes — Senco Gold Ltd is growing: latest-quarter revenue +44.9% year on year, profit +153.2%, and the margin +5.0 pp at 14.0%. The 12-year compound rates are 16.7% (revenue) and 26.0% (profit). The earnings engine currently reads: improving — as of 31 July 2026.
How is Senco Gold Ltd performing?
Senco Gold Ltd is in a confirmed uptrend, 3 weeks in. Its latest quarter's revenue rose 44.9% and profit rose 153.2% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 4 weeks. This describes what the data did, not a rating. — as of 31 July 2026.
What stage is Senco Gold Ltd in?
Turning around — EPS growth swung from −16.3% at the trough to +252.9% off a 4-quarter-old trough, ROCE slipping at 18.5%. The read comes from the last 12 quarters of growth (revenue growth +33.2% latest, profit growth +263.9% latest, eps growth +252.9% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 31 July 2026.
Is Senco Gold Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 3 of stage 2), trading +17.4% versus its 200-day average and at 100% 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 31 July 2026.
Is Senco Gold Ltd beating the market?
On recent form, yes — Senco Gold Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 4 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 3.0 years the stock moved +99% against the NIFTY 500's +38% — ahead of the index over the full window. — as of 31 July 2026.
Will Senco Gold Ltd's share price go up?
This page publishes no price forecast for Senco Gold Ltd. What it measures instead: the share price is ₹403, the price is in a confirmed uptrend 3 weeks in. Its P/E of 11.5× sits at the 17th percentile of its own 3-year range. — as of 31 July 2026.
Who owns Senco Gold Ltd?
Promoters hold 64.5% of Senco Gold Ltd, foreign institutions 6.9%, domestic institutions 13.5% and the public 15.1% (latest quarter). The biggest move on the register over the last two years: Promoters cut 4.0 points over 8 quarters. — as of 31 July 2026.
Does Senco Gold Ltd have too much debt?
It carries real leverage — Senco Gold Ltd's debt-to-equity is 1.07, and operating profit covers the interest bill 5×. FY26 borrowings were ₹2,699 Cr against equity of ₹2,514 Cr. Read the returns on this page with that leverage in mind — as of 31 July 2026.
What is Senco Gold Ltd's capex?
Senco Gold Ltd spent ₹394 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 ₹152 Cr, with ₹2.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 31 July 2026.
What is Senco Gold Ltd's cash flow?
Senco Gold Ltd generated ₹−789 Cr of operating cash flow in FY26 and ₹−941 Cr of free cash flow after ₹152 Cr of capital spending. Reported profit that year was ₹574 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 31 July 2026.
Is Senco Gold Ltd's profit real cash?
Not fully — over the last 3 fiscal years, −113% of Senco Gold Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹−789 Cr against reported profit of ₹574 Cr. The cash then goes mostly into the working-capital cycle. Cash-flow resolution is annual — as of 31 July 2026.
Where is Senco Gold Ltd in its business cycle?
Senco Gold Ltd's FY26 operating margin was 11.0%, against a 11-year band of 5.0%–11.0%: the top of the band — a record year. Record profitability is late-cycle territory: every ratio flatters at the top, and the story leans on margins holding. The latest quarter ran 14.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 31 July 2026.
What could break the Senco Gold Ltd story?
The sharpest disagreement: profits are rising, but only −113% 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 31 July 2026.
Is Senco Gold Ltd a stock worth studying right now?
This is not investment advice. The machine read: Senco Gold Ltd is coiled. The quarters are improving, yet the P/E sits at the 17th percentile of its own 3-year range — the business is moving before the market. 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 31 July 2026.