Senco Gold Limited (SENCO) AI Stock Analysis

• Market Cap: ₹52.25B
• Dividend Yield: 0.31%
• Average Volume (3M): 75.36K
• Price to Earnings (P/E): 20.8
• Beta (1Y): 1.45
• Revenue Growth: 20.18%
• EPS Growth: 16.17%
• Country: IN
• Employees: 2,345
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Luxury Goods
• EPS (TTM): 3.00
• Shares Outstanding: 163,718,340
• 10 Day Avg. Volume: 115,675
• 30 Day Avg. Volume: 75,358
• PEG Ratio: -1.82
• Price to Book (P/B): 2.37
• Price to Sales (P/S): 0.74
• P/FCF Ratio: -18.06
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: ₹340.00 ▲(6.53% Upside)

Senco Gold Limited's overall stock score is primarily influenced by its strong financial performance, particularly in revenue growth and gross margin stability. However, technical analysis indicates bearish momentum, and valuation metrics suggest limited income potential. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Revenue Growth

Senco Gold's strong revenue growth indicates robust demand and effective market penetration, supporting long-term business expansion.

Gross Margin Stability

Stable gross margins reflect efficient cost management and pricing power, contributing to sustainable profitability in the competitive jewelry market.

Equity Growth

The significant growth in equity indicates a strong financial foundation, enhancing the company's ability to invest in future opportunities and withstand economic fluctuations.

Negative Factors

High Debt Levels

High debt levels can strain financial resources, limiting flexibility and increasing risk, especially if revenue growth slows or interest rates rise.

Negative Operating Cash Flow

Negative operating cash flow suggests challenges in generating sufficient cash from operations, potentially impacting the company's ability to fund growth and meet obligations.

Declining Net Profit Margin

A declining net profit margin indicates pressure on profitability, which may require strategic adjustments to improve cost efficiency and revenue conversion.

Senco Gold Limited Business Overview & Revenue Model

Company Description

Senco Gold Limited manufactures and trades in jewelry and articles made of gold, silver, platinum, and other precious and semi-precious stones in India. It sells gold and diamond jewelry. The company also offers costume jewelry, gold and silver coins, and utensils made of silver. The company sells its products under the Senco Gold & Diamonds trademark. The company operates owned and franchised showrooms, as well as online platforms. The company was incorporated in 1994 and is based in Kolkata, India.

How the Company Makes Money

Senco Gold Limited generates revenue primarily through the sale of its jewelry products across multiple channels, including physical retail stores, wholesale distribution, and online platforms. The company's retail segment contributes significantly to its earnings, with a vast network of showrooms that attract a large customer base. Additionally, SENCO engages in wholesale transactions with other jewelers, further diversifying its revenue streams. The company also benefits from seasonal spikes in demand during festive and wedding seasons, which are critical periods for jewelry sales. Strategic partnerships with financial institutions for providing financing options to customers have also enhanced sales. Moreover, SENCO's focus on high-quality craftsmanship and unique designs helps maintain customer loyalty and attract repeat business, contributing to consistent revenue generation.

Senco Gold Limited Financial Statement Overview

Summary

Senco Gold Limited shows strong revenue growth and a stable gross margin, highlighting its potential in the luxury goods industry. While the balance sheet indicates a growing equity base, the high debt levels warrant caution. Cash flow challenges, especially negative operating cash flow, suggest the need for improved cash management strategies. Overall, the company is on a positive growth trajectory but must address these financial pressures to sustain its growth.

Income Statement

Senco Gold Limited has demonstrated strong revenue growth with a consistent upward trajectory, increasing from 24.16 billion in 2020 to 63.28 billion in 2025. The gross profit margin has shown stability, averaging around 13-14% over the years. Notably, the EBIT and EBITDA margins have also remained healthy, indicating efficient cost management. However, net profit margin has slightly declined from previous periods, reflecting a need for further improvement in net income growth relative to revenue.

Balance Sheet

The company's balance sheet reflects a strong growth in stockholders' equity, rising significantly from 5.5 billion in 2020 to 19.7 billion in 2025, coupled with increasing total assets. The debt-to-equity ratio, although on the higher side, is manageable given the industry standards. The equity ratio has improved, indicating a stronger equity position. However, the high level of total debt remains a potential risk that needs monitoring.

Cash Flow

Senco Gold's cash flow presents a mixed picture. Operating cash flow has been negative in recent years, which is a concern for long-term sustainability. The free cash flow has also been negative, indicating challenges in generating cash after capital expenditures. On the positive side, the company has managed to maintain a stable capital expenditure level, ensuring continued investment in growth opportunities.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	67.50B	63.28B	52.41B	40.70B	35.25B	26.55B
Gross Profit	9.74B	8.52B	7.83B	6.43B	5.41B	3.65B
EBITDA	5.03B	4.22B	4.06B	3.39B	2.84B	1.85B
Net Income	2.13B	1.59B	1.81B	1.58B	1.29B	614.82M
Balance Sheet
Total Assets	0.00	47.46B	37.23B	29.05B	21.00B	15.59B
Cash, Cash Equivalents and Short-Term Investments	647.35M	7.60B	430.94M	94.83M	95.44M	85.13M
Total Debt	0.00	20.59B	17.61B	13.89B	10.26B	6.80B
Total Liabilities	-19.70B	27.76B	23.57B	19.60B	13.74B	9.57B
Stockholders Equity	19.70B	19.70B	13.66B	9.46B	7.26B	6.03B
Cash Flow
Free Cash Flow	0.00	-2.59B	-3.32B	-1.09B	-945.77M	1.67B
Operating Cash Flow	0.00	-2.21B	-2.94B	-781.99M	-698.86M	1.81B
Investing Cash Flow	0.00	-322.23M	-1.18B	-1.98B	-1.57B	-536.56M
Financing Cash Flow	0.00	2.68B	4.21B	2.76B	2.28B	-1.22B

Senco Gold Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 319.15
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SENCO, the sentiment is Neutral. The current price of 319.15 is above the 20-day moving average (MA) of 312.59, below the 50-day MA of 319.54, and below the 200-day MA of 337.54, indicating a neutral trend. The MACD of -0.74 indicates Negative momentum. The RSI at 52.63 is Neutral, neither overbought nor oversold. The STOCH value of 73.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:SENCO.

Senco Gold Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
THANGAMAYL	64 Neutral	₹102.13B	54.18	―	0.37%	35.04%	80.12%
TBZ	63 Neutral	₹10.81B	11.58	―	1.38%	14.86%	48.09%
PCJEWELLER	62 Neutral	₹68.64B	9.47	―	―	190.41%	2939.51%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
RAJESHEXPO	60 Neutral	₹65.95B	49.97	―	―	112.02%	244.77%
SENCO	58 Neutral	₹52.25B	20.84	―	0.31%	20.18%	16.17%

Senco Gold Limited Corporate Events

Senco Gold Limited Releases Q2 & H1 FY26 Investor Presentation

Senco Gold Limited has released its Investor Presentation for the second quarter and half-year results of the fiscal year 2026, as per the requirements of the Securities and Exchange Board of India. The presentation, which is available on the company’s website, provides insights into the company’s performance and is aimed at informing stakeholders about its financial health and strategic positioning.

Senco Gold Expands with New Franchise Store in Uttar Pradesh

Senco Gold Limited has announced the opening of a new franchise store in Etawah, Uttar Pradesh, increasing its total number of stores in India to 184. This expansion reflects the company’s ongoing growth strategy and strengthens its market presence in the region, potentially enhancing its competitive positioning and offering more accessibility to its products for customers.