Senco Gold Limited (SENCO.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-447.6%

-₹1,047.80

vs ₹301.40 price

Levered DCF

-₹1,466.63

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

—

Rating

B-

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	7.95×	28.34×	32.64×	17.67×	20.93×	43.86×	29.63×	19.49×
P/B	1.82×	2.37×	4.33×	1.66×	1.86×	2.24×	2.54×	2.89×
P/S	0.54×	0.74×	1.13×	0.39×	0.38×	0.51×	0.58×	0.54×
EV / EBITDA	6.43×	15.88×	18.83×	8.71×	8.33×	10.9×	9.55×	11.08×
Gross margin	16.6%	13.5%	14.9%	15.8%	15.3%	13.8%	17.3%	14.7%
Operating margin	10.5%	4.7%	6.3%	7.1%	7.3%	6.0%	12.8%	10.8%
Net margin	6.8%	2.5%	3.5%	3.9%	3.7%	2.3%	3.8%	2.9%
Current ratio	1.54×	1.69×	1.55×	1.43×	1.47×	1.54×	1.49×	1.47×
Debt / equity	1.07×	1.05×	1.29×	1.47×	1.41×	1.13×	1.29×	1.44×
Interest coverage	4.34×	2.2×	3.07×	3×	3.24×	2.18×	6.04×	6.46×
Dividend yield	0.6%	0.1%	0.2%	0.7%	1.1%	0.0%	0.6%	0.2%
Payout ratio	4.5%	4.4%	5.1%	7.2%	11.4%	0.0%	9.1%	4.6%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	22.8%	8.1%	13.3%	16.8%	17.8%	10.2%	16.5%	15.4%
Return on invested capital	12.7%	5.4%	7.7%	9.0%	10.7%	9.1%	16.9%	15.0%
Return on assets	8.1%	3.4%	4.9%	5.5%	6.1%	3.9%	6.0%	5.7%
Free cash flow yield	-12.6%	-5.5%	-5.6%	-6.9%	-7.0%	12.4%	2.7%	4.5%
Earnings yield	12.6%	3.4%	3.1%	10.1%	9.6%	4.6%	6.5%	5.3%
Enterprise value	₹67.5B	₹67B	₹76.5B	₹29.5B	₹23.7B	₹20.2B	₹21.1B	₹20.1B
Net debt / EBITDA	2.08×	4.8×	4.29×	4.07×	3.58×	3.62×	3.2×	3.66×
Cash conversion cycle (days)	249	214	189	189	160	160	183	142