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Senco Gold Ltd share Price Today

Company details

829.55
892.00
358.45
1,066.50
6M Return 21.72%
1Y Return 118.50%
Mkt Cap.(Cr) 6,881.47
Volume 369,702
Div Yield 0.12%
OI
-
OI Chg %
-
Volume 369,702

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Gems & Jewellery company Senco Gold announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Q4FY24 EBITDA improves by 31.5% YoY to Rs 87.72 crore
  • Q4FY24 PAT grows by 23.6% YoY to Rs 32.17 crore

FY24 Financial Highlights:

  • FY24 EBITDA improves by 18.6% YoY to Rs 375.5 crore
  • FY24 PAT grows by 14.2% YoY to Rs 181.01 crore

Speaking on the performance, Suvankar Sen, Managing Director & CEO, Senco Gold commented, "We are pleased to announce our results for FY24, as it was a major milestone for us, and we were listed on BSE and NSE on 14th July, 23. Our IPO was oversubscribed by 77.25X overall and 190.56x in QIB portion. We raised Rs 405 crore by IPO including OFS of Rs 135 crore; and during the year, we have deployed the net IPO funds for working capital as per object of the issue. In line with our growth strategy, we continued business expansion with a sharp focus on driving profitability and customer acquisition. We expanded our showroom portfolio to 159, with net addition of 23 showrooms including 6 FOFO showrooms. We have invested in new store capex and capacity building for future amounting to over Rs 38.23 crore for our pan India strategy. Gold prices increased substantially on their upward journey throughout the year based on global uncertainty, war in Israel and Middle East and higher buying by Central Banks across the globe. In this rising price scenario, we achieved total revenue growth of 28.5% and retail revenue growth of 25% which included same-store sales Growth (SSSG) of 19% - amongst the highest in the industry. This growth was fueled by the maturity of existing showroom, higher wedding sales and higher old gold exchange at 32% as well as rising gold prices. Our stud jewellery sales increased by 37% YoY with resultant increase in stud ratio from 10.4% to 11.4%. We are clearly witnessing a shift from unorganised to organised in terms of higher old gold exchange at 32% and stable ASP at Rs 41,600. We have a consistent track record of dividend payment for last many years to reward our valuable shareholders, and further to interim dividend of 10% declared earlier, we are pleased to announce final dividend of 10% subject to approval of shareholders at the ensuing AGM”.

Result PDF

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Senco Gold Ltd shares SWOT Analysis

Strengths (6)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Good quarterly growth in the recent results
  • Annual Net Profits improving for last 2 years

Weakness (5)

  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years
  • Inefficient use of assets to generate profits - ROA declining in the last 2 years

Opportunity (3)

  • Positive Breakout First Resistance ( LTP > R1)
  • Street Favorite: High Analyst Rating with at least 20% upside
  • Highest Recovery from 52 Week Low

Threats (3)

  • Promoter decreasing their shareholding
  • Increasing Trend in Non-Core Income
  • RSI indicating price weakness

Resistance and support

R1 908.6
R2 931.5
R3 971.0
Pivot

869.05

S1 846.1
S2 806.6
S3 783.7
EMA SMA
878.3
861.7
812.5
701.3
879.9
856.8
819.9
710.4
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-04-16 1017.19 585040 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-04-16 1017.91 585040 NSE
SAIF PARTNERS INDIA IV LIMITED Bulk Sell 2024-02-27 875.08 600000 NSE
Name Category Shares
SUVANKAR SEN PROMOTER 15.3%
RANJANA SEN PROMOTER 1.07%
JOITA SEN PROMOTER 0.89%
JAY HANUMAN SHRI SIDDIVINYAK TRUST-(TRUSTEE-SUVANKAR SEN & MRS. JOITA SEN) PROMOTER 44.32%
OM GAAN GANPATEYAH BAJARNGBALI TRUST -(TRUSTEE- MR. SUVANKAR SEN & MRS.RANJANA SEN) PROMOTER 6.87%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Senco Gold Ltd Stocks COMPARISON

Financials( in Cr) Senco Gold Ltd Titan Company Ltd Kalyan Jewellers India Ltd Rajesh Exports Ltd Vaibhav Global Ltd
Price 885.60 3,380.40 394.80 300.00 345.15
% Change 6.10 -0.85 -1.90 -0.45 -2.31
Mcap Cr 6,881.47 300,107.18 40,666.49 8,857.80 5,717.41
Revenue TTM Cr 4,077.40 40,575.00 14,071.45 339,689.51 2,690.91
Net Profit TTM Cr 158.48 3,274.00 431.93 1,432.28 105.14
PE TTM 35.87 86.57 69.50 12.12 43.83
1 Year Return 118.50 20.20 273.51 -46.45 16.41
ROCE 15.29 24.82 12.20 10.86 11.09
ROE 18.96 30.95 12.76 10.54 9.03
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 932.22 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 39,096.78 -22,281.88
LAST 3M 109,317.46 -33,313.91
LAST 6M 173,877.04 36,325.60
LAST 12M 271,641.54 124,224.97
Senco Gold Limited - Analysts/Institutional Investor Meet/Con. Call Updates

May 27, 2024 l NSE Announcement

Senco Gold Limited - Disclosure under SEBI Takeover Regulations

May 24, 2024 l NSE Announcement

Board of Senco Gold recommends final dividend

May 24, 2024 l BSE Announcement

Date Action Type Ratio
Nov 21, 2023 Dividend 10

Senco Gold Ltd Information

Stock PE (TTM)
35.87
Promoter Holding
68.45%
Book Value
175.7363
ROCE
15.29%
ROE
18.96%
Description
  • Senco Gold Ltd. was originally incorporated as a Private Limited Company with the name `Senco Gold Private Limited` at Kolkata, West Bengal, dated August 22, 1994. Subsequently, on August 8, 2007, the Company was converted to Public Company with the name `Senco Gold Limited` dated August 31, 2007, and a fresh Certificate of Incorporation, consequent to change in name, was issued by the RoC. The Company primarily sell gold and diamond jewellery and also sell jewellery made of silver, platinum and precious and semi-precious stones and other metals. Their other offerings include costume jewellery, gold and silver coins and utensils made of silver. In these categories, it offer wedding jewellery, festival jewellery, daily wear jewellery, men`s jewellery, kid`s jewellery and jewellery for personal occasions. It offer a wide variety of jewellery options, including necklaces, bangles, rings, earrings, pendants, bracelets, mangtika, mangalsutra and chains. The products are sold under the "Senco Gold & Diamonds" tradename, through multiple channels, including 70 Company Operated Showrooms and 57 Franchisee Showrooms (including 4 franchisee owned and Company operated Showrooms). Their products represent designs from a wide range of cultures from traditional Indian design to Indo-western and Western designs. These products reflect specialised design elements from Kolkata. Kolkata craftsmanship, and in particular that of the Karigars engaged by them, is popular for intricate filigree work and workmanship with thin gold wires and small beads. It is also known for its nakashi workmanship with etching and curving in gold. The Company has one manufacturing facility, which is located at Ankurhati, in Howrah, West Bengal. It make wholesale exports of jewellery primarily to the Dubai, Malaysia and Singapore. This facility also produces jewellery using modern technologies such as 3D printing, CAD driven designing and laser cutting. In 2000, the Company opened their first franchisee, `Guinea Gold` in Asansol, Beniachiti. In 2002, it set up a first showroom in Moulali with an area of over 8,000 sq. ft. In 2005, it started business operations in the SEZ unit located at Manikanchan. In 2007, the Company took over of the business of Senco Gold Museum and Senco Gold Mart. In 2011, it opened first showroom outside the State of West Bengal. On October 8, 2014, 100 Equity Shares were allotted to SAIF Partners India IV Limited on account of the investment by SAIF Partners India IV Limited in the Company pursuant to the subscription agreement dated September 26, 2014. Senco Gold Impex Private Limited (SGIPL), the erstwhile wholly owned subsidiary of Company merged with the Company under a Scheme of Arrangement for Amalgamation, which was approved by the High Court of Calcutta by an Order dated April 22, 2014. The Appointed Date for the merger was April 1, 2013. Pursuant to this scheme, from the Appointed Date, all the businesses of SGIPL were transferred to and vested in the Company. Addyashakti Properties Private Limited (APPL), the erstwhile wholly owned subsidiary of Company, merged with the Company pursuant to a Scheme of Arrangement for Amalgamation which was approved by the High Court of Calcutta by an Order dated June 14, 2016 . The Appointed Date for the merger was April 1, 2015. Pursuant to this scheme, from the Appointed Date, all the businesses of APPL were transferred to and vested in the Company. In 2016, the Company introduced `Everlite` brand, which focused on light and affordable diamond jewellery. It opened a branch in the southern region of Bengaluru. In 2018, it added 11 new showrooms across regions, taking the total showroom account to 90. Further, it introduced Aham Mens Jewelry in the market. In year 2020, it launched 2 D`Signia showrooms targeting elite class. It opened the first `Everlite` showroom and in 2021, further opened 6 new COCO showrooms, 3 in Kolkata, 2 in UP and 1 in Pune. It signed MoU with Mobotics for digital foray. It opened 4 new Model FOCO showrooms. The Company is planning to raise capital from Public Rs. 525 crores through Fresh Issue amounting to Rs. 325 crores and Offer for Sale amounting to Rs. 200 crores.

Registered Address

Diamond Presitge 41A AJC Bose, Road 10th Floor Unit No. 1001, Kolkata, West Bengal, 700017

Tel : 91-33-40215000
Email : corporate:sencogold.co.in
Website : http://www.sencogoldanddiamonds.com
Registrar

KFin Techologies Ltd

AGM Date (Month) :
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 543936
NSE Code : SENCO
Book Closure Date (Month) :
BSE Group : B
ISIN : INE602W01019

FAQ’s on Senco Gold Ltd Shares

You can buy Senco Gold Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Senco Gold Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 29, 2024 03:58 PM the closing price of Senco Gold Ltd was Rs.885.60.

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 May 29, 2024 03:58 PM, the market cap of Senco Gold Ltd stood at Rs. 6,881.47.

The latest PE ratio of Senco Gold Ltd as of May 29, 2024 03:58 PM is 35.87

The latest PB ratio of Senco Gold Ltd as of May 29, 2024 03:58 PM is 0.21

The 52-week high of Senco Gold Ltd share price is Rs. 1,066.50 while the 52-week low is Rs. 358.45

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