Is Senco Gold a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Senco Gold Ltd is a below average quality company .

Is Senco Gold undervalued or overvalued?

The key valuation ratios of Senco Gold Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Senco Gold share price return in the past 10 years?

Data is not available for this company

Is Senco Gold a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Senco Gold Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

Senco Gold Ltd - Stock Valuation and Financial Performance

Name: Senco Gold
Brand: Senco Gold

BSE: 543936 | NSE: SENCO | Diamond & Jewellery | Small Cap

Place order

Senco Gold Share Price

₹952.40 -25.25 -2.58%
as on 23-Apr'24 15:41

10 Year X-Ray of Senco Gold:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	14.3%	12.7%	6.7%	8.9%	10.2%	10.3%	12.6%	10.9%	14.2%	12.5%	-
Value Creation Index ⓘ	0.1	-0.1	-0.5	-0.3	-0.3	-0.3	-0.1	-0.2	0.0	-0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	1,318	1,434	1,532	1,831	2,215	2,484	2,420	2,660	3,535	4,076	4,076
Sales YoY Gr.	-	8.8%	6.8%	19.6%	20.9%	12.2%	-2.6%	9.9%	32.9%	15.3%	-
Adj EPS ⓘ	7.4	6.9	3	7.1	10.7	13.7	17.3	13.6	25.6	29.2	20.7
YoY Gr.	-	-6.9%	-56.3%	136.3%	51.2%	28.1%	26%	-21.5%	88.5%	14.2%	-
BVPS (₹) ⓘ	30.9	51.8	54.2	60.3	74.1	85.7	101.3	110.8	134.2	167.5	173.9
Adj Net Profit ⓘ	39.3	36.6	16	37.7	57	73	92	72.3	136	163	161
Cash Flow from Ops. ⓘ	-7.7	-65.6	-108	4.1	-48.3	48.5	58.9	182	-73.3	-74.8	-
Debt/CF from Ops. ⓘ	-25.6	-3.1	-3.9	110.7	-12.1	11.6	9.8	2.9	-11.8	-15.7	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	13.4%	13%	19%	15.3%
Adj EPS ⓘ	16.5%	22.2%	19.1%	14.2%
BVPSⓘ	20.7%	17.7%	18.3%	24.8%
Share Price	-	-	-	-

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	23.9	16.5	5.6	12.2	15.8	16.8	18	12.5	20.5	19.5	12.1
Op. Profit Mgn % ⓘ	5.6	5.6	4.4	6	6.7	6.7	9.4	7.5	8.4	8.2	8.3
Net Profit Mgn % ⓘ	3	2.6	1	2.1	2.6	2.9	3.8	2.7	3.9	4	4
Debt to Equity ⓘ	1.2	0.7	1.5	1.4	1.5	1.2	1	0.9	1.2	1.2	-
Working Cap Days ⓘ	0	122	153	156	159	165	192	194	169	193	53
Cash Conv. Cycle ⓘ	0	89	110	114	119	120	134	131	117	136	19

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 18.97%

Net Profit is growing at healthy rate in last 3 years 19.12%

Sales growth is good in last 4 quarters at 19.48%

Return on Equity has declined versus last 3 years average to 12.10%

Debt to equity has increased versus last 3 years average to 1.24

Latest Financials - Senco Gold Ltd.

	Standalone	Consolidated
TTM EPS (₹)	20.7	20.4
TTM Sales (₹ Cr.)	4,076	4,077
BVPS (₹.) ⓘ	173.9	173.1
Reserves (₹ Cr.) ⓘ	1,274	1,267
P/BV ⓘ	5.48	5.50
PE ⓘ	45.99	46.70

From the Market
52 Week Low / High (₹)	358.25 / 1065.65
All Time Low / High (₹)	358.25 / 1065.65
Market Cap (₹ Cr.)	7,401
Equity (₹ Cr.)	77.7
Face Value (₹)	10
Industry PE ⓘ	83.2

Management X-Ray of Senco Gold:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Senco Gold

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

This is a premium feature, Please click here to check our solutions.

Key Ratios of Senco Gold

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	1,318	1,434	1,532	1,831	2,215	2,484	2,420	2,660	3,535	4,076
Operating Expenses ⓘ	1,249	1,354	1,464	1,721	2,066	2,318	2,197	2,479	3,246	3,746
Manufacturing Costs	21	28	38	41	46	61	63	66	95	97
Material Costs	1,190	1,263	1,329	1,576	1,900	2,111	1,996	2,285	2,981	3,422
Employee Cost	8	14	20	26	40	47	47	52	74	92
Other Costs ⓘ	30	49	77	78	80	99	91	75	97	136
Operating Profit ⓘ	69	79	67	110	149	166	223	182	288	330
Operating Profit Margin (%)	5.3%	5.5%	4.4%	6.0%	6.7%	6.7%	9.2%	6.8%	8.2%	8.1%
Other Income ⓘ	3	6	4	9	11	9	9	15	13	32
Interest ⓘ	18	24	35	41	46	43	63	73	81	98
Depreciation ⓘ	3	7	13	16	19	16	37	40	42	45
Exceptional Items ⓘ	0	0	0	0	17	0	0	0	0	0
Profit Before Tax ⓘ	51	54	24	61	112	116	132	84	178	219
Tax ⓘ	15	18	8	22	40	41	41	22	48	58
Profit After Tax	36	36	15	39	72	75	91	62	130	161
PAT Margin (%)	2.8%	2.5%	1.0%	2.1%	3.3%	3.0%	3.8%	2.3%	3.7%	3.9%
Adjusted EPS (₹)	6.8	6.8	2.9	7.3	13.6	13.9	16.9	11.2	24.2	28.5
Dividend Payout Ratio (%)	12%	0%	14%	14%	1%	4%	4%	13%	6%	5%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	164	280	293	325	398	469	552	603	727	949
Share Capital ⓘ	18	22	22	22	22	66	66	66	66	69
Reserves ⓘ	147	258	271	303	376	403	485	536	660	879
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	197	200	421	441	581	561	575	532	863	1,177
Long Term Debt	9	7	13	3	0	0	1	0	0	1
Short Term Debt	188	193	408	438	581	560	574	532	862	1,175
Trade Payables	6	12	56	39	61	59	125	61	117	139
Others Liabilities ⓘ	156	147	174	199	279	277	493	625	693	1,011
Total Liabilities ⓘ	523	639	943	1,005	1,320	1,366	1,745	1,820	2,400	3,275
Fixed Assets
Gross Block	42	54	119	137	121	132	285	338	388	482
Accumulated Depreciation	3	10	23	39	34	51	83	126	168	207
Net Fixed Assetsⓘ	39	44	96	98	86	81	202	212	219	276
CWIP ⓘ	2	13	1	1	4	5	4	2	7	13
Investmentsⓘ	0	0	0	0	0	0	0	2	2	4
Inventories	265	358	509	598	837	868	1,087	1,039	1,389	1,878
Trade Receivables	52	44	79	66	40	18	28	28	40	45
Cash Equivalents	67	37	107	66	139	115	92	126	279	435
Others Assetsⓘ	99	143	151	176	213	278	331	411	466	624
Total Assets ⓘ	523	639	943	1,005	1,320	1,366	1,745	1,820	2,400	3,275

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	-8	-66	-108	4	-48	49	59	182	-73	-75
PBT ⓘ	51	54	24	61	112	116	132	84	178	219
Adjustment ⓘ	14	20	35	42	32	50	86	97	104	115
Changes in Working Capital ⓘ	-46	-122	-147	-83	-165	-63	-119	43	-315	-349
Tax Paid ⓘ	-26	-18	-20	-16	-27	-55	-40	-42	-40	-60
Cash Flow From Investing Activity ⓘ	-15	-37	-38	3	-35	-56	3	-56	-155	-199
Capex	-8	-24	-36	-21	3	-19	-21	-14	-23	-30
Net Investments	-9	-17	-5	18	-42	-46	3	-11	-85	-191
Others ⓘ	3	4	3	5	4	9	21	-32	-47	22
Cash Flow From Financing Activityⓘ	47	66	202	-33	113	-59	-65	-122	231	271
Net Proceeds from Shares ⓘ	0	76	0	0	0	0	0	0	0	75
Net Proceeds from Borrowing ⓘ	0	0	-1	-4	-11	0	-1	-1	0	1
Interest Paid ⓘ	-13	-19	-27	-33	-37	-34	-54	-67	-69	-83
Dividend Paid ⓘ	-4	0	-2	-5	0	-3	-7	0	-15	-11
Others ⓘ	64	9	233	9	161	-22	-3	-55	315	290
Net Cash Flow ⓘ	25	-37	56	-27	30	-66	-3	3	3	-2

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	22.15	16.34	5.49	12.85	20.24	17.57	18.29	10.91	19.98	19.52
ROCE (%)	19.04	18.59	9.75	13.68	18.01	15.77	18.05	13.85	19.01	17.05
Asset Turnover Ratio	2.52	2.47	1.94	1.89	1.91	1.86	1.6	1.54	1.72	1.48
PAT to CFO Conversion(x)	-0.22	-1.83	-7.2	0.1	-0.67	0.65	0.65	2.94	-0.56	-0.47
Working Capital Days
Receivable Days	15	12	15	14	9	4	3	4	3	4
Inventory Days	73	79	103	110	118	125	144	141	122	142
Payable Days	2	3	9	11	10	10	16	14	10	12

Senco Gold Ltd Stock News

Senco Gold Ltd FAQs

What is the share price of Senco Gold?

Company share prices are keep on changing according to the market conditions. The closing price of Senco Gold on 23-Apr-2024 15:41 is ₹952.4.

What is the market cap of Senco Gold?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 23-Apr-2024 15:41 the market cap of Senco Gold stood at ₹7,400.6.

What is the P/E ratio of Senco Gold?

The latest P/E ratio of Senco Gold as of 23-Apr-2024 15:41 is 45.99.

What is the P/B ratio of Senco Gold?

The latest P/B ratio of Senco Gold as of 23-Apr-2024 15:41 is 5.48.

What is the 52-week high and low of Senco Gold?

The 52-week high of Senco Gold is ₹1,065.7 and the 52-week low is ₹358.2.

What is the TTM revenue of Senco Gold?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Senco Gold is ₹4,076 ( Cr.) .

About Senco Gold Ltd

The company was originally incorporated as Senco Gold Private Limited at Kolkata, West Bengal, India, as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated August 22, 1994, issued by Registrar of Companies, West Bengal (RoC). Subsequently, pursuant to a resolution passed at the meeting of the Board of Directors held on June 27, 2007 and a special resolution of the shareholders of the company at the EGM held on August 8, 2007, the name of the company was changed to Senco Gold Limited, pursuant to its conversion into a public limited company. A fresh certificate of incorporation dated August 31, 2007, consequent to the change of name, was issued by the RoC.

Senco Gold is a pan-India jewellery retail player with a history of more than five decades and has a fourth generation entrepreneur in the jewellery industry as its Promoter. It is the largest organized jewellery retail player in the eastern region of India based on number of stores and among eastern India based jewellery retailers, it has the widest geographical footprint in non-eastern states. It primarily sells gold and diamond jewellery and also sell jewellery made of silver, platinum and precious and semi-precious stones and other metals. Its other offerings also include costume jewellery, gold and silver coins and utensils made of silver.

The company’s products are sold under the ‘Senco Gold & Diamonds’ tradename, through multiple channels, including its 75 Company Operated Showrooms and 61 Franchisee Showrooms (including four franchisee owned and Company operated Showrooms) and various online platforms, including its website www.sencogoldanddiamonds.com. Its strategy of operating through multiple channels enables it to allocate capital as required, as it continues to expand geographic presence and work towards an omni channel network. With a catalogue offering more than 120,000 designs for gold jewellery and more than 69,000 designs for diamond jewellery, the company offers a large variety of designs of handcrafted jewellery, most of which are designed and manufactured in-house by its designers in close collaboration with skilled local craftsmen (generally termed Karigars) in Kolkata and across the country. Machine made light weight jewellery in gold and diamonds are also manufactured at its manufacturing facility based on designs prepared by its in-house designers and also sourced from third partner manufacturing vendors.

Business area of the company

The company is a pan-India jewelry retailer. The products are sold under its brand name ‘Senco Gold & Diamonds’. It primarily sells gold and diamond jewelry along with jewelry made of silver, platinum, precious and semi-precious stones, and other metals. It also offers costume jewelry, gold, and silver coins, and utensils made of silver.

Awards, accreditations and accolades

2014: ‘Leading Retailer of India’ award by UBM.
2015: Awarded ‘Gem of the Year (Central -East)’ at the National Jewellery Awards, 2015 by All India Gems and Jewellery Trade Federation.
2016: Ranked as ‘India’s 5th Most Trusted Jewellery Brand’ by The Brand Trust Report (India Study), 2016.
2017: Certificate of Appreciation recognizing the Company as a ‘Symbol of Excellence’ at the Economic Times Iconic Brands of India awards.
2017: Awarded ‘Best Chain of Retail Stores (National-2017)’ by Indian Bullion and Jewellers Association Limited at the 4th India Bullion and Jewellery Awards, 2017.
2018: Amazon Aces -Softline by Amazon.
2019: Best Advertising and Highest Glance view on Precious Segment by Amazon.
2019: Ranked 10000 best sellers by Amazon.
2019: Top City Flipstar -Best sale performance during Big Billion Days by Flipkart.
2019: The Gold Tier Profile certification by Flipkart.
2019: Best Promising Gems and Jewellery Brand.
2020: The Gold Tier Profile certification by Flipkart.
2020: 2nd Most Trusted Jewellery Brand in India by TRA.
2021: The Gold Tier Profile certification by Flipkart.
2021: Fabulous Jewelers by ET Edge.
2021: ET Trusted Brands 2021.
2021: Marketing Campaign of the Year at the Awards for Excellence in Branding and Marketing by CMO Asia.
2022: KALEIDO award by ET Brand Equity.
2022: Business Leadership Award by CMA Management Excellence.
2022: Shakti award for women leadership in Jewellery sector by Informa market and SVAR.
2022: 2nd Most Desired Jewellery Brand in India by TRA.
2023: 2nd Most Desired Jewellery Brand in India by TRA.
2023: Certified as Great Place to Work by the Great Place to Work, Institute, India.

Major events and milestones

2000: Opened first franchisee, ‘Guinea Gold’ in Asansol, Beniachiti, West Bengal.
2002: Set up showroom at Moulali, Kolkata, West Bengal which was its first showroom with an area of over 8,000 sq. ft.
2005: Commenced business operations in the SEZ unit located at Manikanchan, Kolkata, West Bengal.
2007: Takeover of the business of Senco Gold Museum and Senco Gold Mart.
2008: Conversion of the Company from private limited to public limited.
2011: Opening first showroom outside the state of West Bengal.
2014: Private equity investment from SAIF Partners India IV Limited (the Selling Shareholder).
2014: Total Number of showrooms crossed 50.
2015: Amalgamation of Senco Gold Impex Private Limited with the Company.
2015: Entered Bihar, Maharashtra and Uttar Pradesh. Total Number of showrooms crosses 60.
2016: Introduction of Everlite brand focusing on light and affordable diamond jewellery.
2016: Entered Southern Region by opening a branch in Bengaluru, Karnataka.
2016: Total Showroom Count touches 73.
2017: Entered into an agreement with Kolkata Knight Riders to be its official jewellery partner for seasons ten and eleven (2017 and 2018) of the Indian Premier League.
2018: Added 11 new showrooms across regions, taking the total showroom account to 90.
2018: Launch of Aham Mens Jewelry.
2020: Crossed 100 Showroommark.
2020: Launched 2 D’Signia showrooms targeting elite class.
2020: Opened first Everlite showroom.
2021: Opened six new COCO showrooms-(i) Kolkata-3(ii) UP-2 (iii) Pune -1.
2021: DG-Gold Digital gold buying, selling and redemption.
2021: MOU Signed with Mobotics for digital foray.
2021: Opened 4 new Model FOCO showrooms.
2022: Crossed 125 Showroom mark.
2023: Private equity investment from OIJIF II.
2023: Received the ‘Qualified Jeweller’ status from IIBX to directly import gold.
2023: Incorporation of Senco Global Jewellery Trading L.L.C, the Company’s subsidiary in Dubai.