Senores Pharmaceuticals
- P/E
- 41.45
Key Fundamentals
MicrocapPharmaceuticals & BiotechnologyHealthcarePrice-based figures as of · EPS basis: Consolidated · TTM
- ROCE
- 15.10%
- Debt to Equity
- 0.37
- EPS (TTM)
- ₹27.43
- Book Value
- ₹217.79
- Market Cap
- —
- P/E (TTM)
- 41.45
- P/B
- 5.22
- ROE
- 13.40%
- Dividend Yield
- 0.00%
- EBITDA
- ₹168 Cr
- 52W High
- ₹1,599.00
- 52W Low
- ₹706.00
- Volume
- 0
Peer Comparison
Healthcare › Pharmaceuticals
| ₹1,773.40 | 38.81 | ₹4,29,049 Cr | 4.77 | 0.90% | 16.00% | 20.50% | ₹61,631 Cr | ₹10,987 Cr | |
| ₹10,037.50 | 91.10 | ₹2,65,269 Cr | 15.90 | 0.30% | 16.50% | 22.00% | ₹11,230 Cr | ₹2,925 Cr | |
| ₹4,738.50 | 78.61 | ₹1,77,061 Cr | 9.81 | 0.82% | 27.40% | 15.20% | ₹17,400 Cr | ₹2,099 Cr | |
| ₹1,188.10 | 26.44 | ₹1,25,446 Cr | 4.37 | 0.08% | 21.20% | 21.10% | ₹28,592 Cr | ₹4,593 Cr | |
| ₹2,323.80 | 114.81 | ₹1,25,228 Cr | 20.72 | 0.04% | 18.30% | 17.80% | ₹7,270 Cr | ₹1,090 Cr | |
| ₹1,374.00 | 35.59 | ₹1,14,543 Cr | 2.96 | 0.58% | 11.20% | 13.00% | ₹33,228 Cr | ₹3,184 Cr | |
| ₹1,402.00 | 33.59 | ₹1,12,454 Cr | 3.20 | 0.93% | 11.60% | 15.50% | ₹28,324 Cr | ₹3,356 Cr | |
| ₹1,137.00 | 41.45 | ₹5,250 Cr | 5.22 | 0.00% | 13.40% | 15.10% | ₹688 Cr | ₹131 Cr | |
| Median 8 companies | ₹1,587.70 | 40.13 | ₹1,25,337 Cr | 4.99 | 0.44% | 16.25% | 16.65% | ₹22,862 Cr | ₹3,055 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 98/100
Category scores
- Quality
- 42
- Weak
- Returns, margins, earnings quality 22% weight
- Valuation
- 36
- Poor
- Cheap vs sector & own history 24% weight
- Growth
- 97
- Strong
- Sales & profit trajectory 9% weight
- Financial Health
- 29
- Poor
- Solvency, leverage, coverage 9% weight
- Momentum
- 42
- Weak
- Trend strength, vol-adjusted 12% weight
- Ownership
- 53
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
1- Company is expected to give good quarter
Weaknesses
6- Stock is trading at 6.03 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.9% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 187 days.
- Working capital days have increased from 67.9 days to 132 days
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 11 | 6 | 2 |
| Oscillators | Bearish | 2 | 6 | 1 |
| Moving Averages | Strong Bearish | 9 | 0 | 1 |
Oscillators
Bearish
Overall
Strong Bearish
Moving Averages
Strong Bearish
Key readings
- RSI (14)
- 35.28
- Neutral
- MACD (12,26,9)
- −57.39
- Bearish
- SMA (50)
- 1,355.86
- Bearish
- SMA (200)
- 1,118.91
- Bullish
As of
Analyst Rating
5 of 5 analysts rate Buy, 0 Hold, 0 Sell.
As of
Growth Rate
From the financial statements below. 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 3Y | +162.49% |
|---|---|
| 1Y | +59.05% |
| TTM | +50.88% |
Net profit
| 3Y | +147.98% |
|---|---|
| 1Y | +110.34% |
| TTM | +92.65% |
Operating cash flow
| 3Y | Turned positive |
|---|---|
| 1Y | Turned positive |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 3Y | −10.60 pp |
|---|---|
| 1Y | +3.93 pp |
| TTM | +6.85 pp |
Revenue by year
| Mar 2022 | ₹14.00 Cr |
|---|---|
| Mar 2023 | ₹35.00 Cr |
| Mar 2024 | ₹215 Cr |
| Mar 2025 | ₹398 Cr |
| Mar 2026 | ₹633 Cr |
Net profit by year
| Mar 2022 | ₹1.00 Cr |
|---|---|
| Mar 2023 | ₹8.00 Cr |
| Mar 2024 | ₹33.00 Cr |
| Mar 2025 | ₹58.00 Cr |
| Mar 2026 | ₹122 Cr |
Analyst Forecasts
AI Analysis — Bull vs Bear
Senores Pharmaceuticals trades at a market cap of ₹6,358 Cr with a PE of 52.3x and has delivered exceptional top-line growth of 162% CAGR over 3 years, but carries concerns around working capital efficiency with debtor days at 187 and no dividend payouts despite consistent profitability.
- Compounded sales growth of 162% CAGR over 3 years indicates rapid revenue scale-up in the pharmaceutical space
- TTM sales growth of 59% demonstrates continued strong momentum even on a larger base
- Compounded profit growth of 139% CAGR over 3 years outpaces many pharma peers significantly
- TTM profit growth of 97% shows accelerating bottom-line expansion year-over-year
- Stock has delivered 144% returns over 1 year reflecting strong market confidence in the business trajectory
- Company is expected to deliver a good upcoming quarter based on operational momentum
- Consistent ROE of 13-14% over the last 3 years indicates stable profitability despite rapid growth phase
- Debtor days at 187 days is extremely high, indicating potential collection challenges or channel-stuffing risk
- Working capital days have deteriorated sharply from 67.9 days to 132 days, straining cash flows
- Price-to-book of 6.81x is elevated for a company with ROE of only 13.9%, implying premium valuation not fully justified by returns
- Zero dividend yield despite reporting repeated profits suggests cash is being retained without clear capital allocation policy
- ROE of 13.9% over 3 years is below the 15-20% threshold typically expected for quality pharma compounders
- Possible capitalization of interest costs may be flattering reported profitability relative to true operating performance
- Limited long-term track record with no available 5-year or 10-year growth data makes durability of growth difficult to assess
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
TL;DR: Senores Pharmaceuticals is in a governance-heavy phase with no operational positives reported. The proposed variation of ₹650.16 million in IPO proceeds and ₹754 crore in related party transactions warrant investor scrutiny on capital discipline. The departure of the Company Secretary adds mild uncertainty. The near-term outlook depends on shareholder approval outcomes by August 3 and clarity on how redirected funds will be deployed.
- IPO proceeds utilisation change sought Jul 4
Company seeks shareholder approval to vary utilisation of ₹650.16 million in unutilised IPO proceeds, raising questions about original capital allocation plans.
- Large related party transactions Jul 4
Seeking approval for material related party transactions aggregating ₹754 crore and enhanced limits for loans/guarantees under Sections 185 and 186.
- Company Secretary relieved Jun 10
CS Vinay Kumar Mishra relieved from duties effective June 10, 2026, with MD and CFO now handling disclosures directly.
- Postal ballot voting opens Jul 4
Voting on IPO proceeds variation and RPT approvals runs from July 5 to August 3, 2026.
- Analyst meet in Ahmedabad Jul 1
Group meeting for analysts and investors scheduled for July 7, 2026, in Ahmedabad using publicly available information.
- Virtual investor conference Jun 9
Virtual investor conference hosted by Choice Broking held on June 12, 2026, relying on publicly available information.
Quarterly Results
₹ Cr| Particulars | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 79 | 102 | 80 | 101 | 103 | 114 | 138 | 162 | 171 | 175 | 180 | 192 |
| Expenses | 64 | 80 | 59 | 77 | 77 | 95 | 104 | 112 | 121 | 128 | 126 | 135 |
| Operating Profit | 15 | 22 | 21 | 23 | 26 | 19 | 34 | 50 | 50 | 47 | 54 | 58 |
| OPM % | 19% | 22% | 27% | 23% | 25% | 17% | 25% | 31% | 29% | 27% | 30% | 30% |
| Other Income | 1 | 2 | 0 | 2 | 5 | 12 | 3 | 5 | 7 | 18 | 3 | 9 |
| Interest | 2 | 3 | 5 | 5 | 6 | 5 | 5 | 6 | 5 | 8 | 7 | 9 |
| Depreciation | 3 | 4 | 4 | 4 | 4 | 5 | 6 | 8 | 8 | 9 | 10 | 10 |
| PBT | 10 | 18 | 13 | 16 | 20 | 21 | 26 | 41 | 45 | 47 | 39 | 48 |
| Tax % | 31% | 19% | 19% | 18% | 20% | 13% | 20% | 26% | 25% | 23% | 23% | 23% |
| Net Profit | 7 | 14 | 11 | 13 | 16 | 18 | 21 | 30 | 34 | 37 | 30 | 37 |
| EPS (₹) | 2.37 | 5.23 | 3.23 | 3.86 | 3.73 | 3.87 | 4.28 | 7.03 | 6.87 | 6.86 | 6.67 | — |
Sep 2026: from the results filed on 29 Oct 2026, ahead of the full statement, so some rows are blank.
Profit & Loss
₹ Cr| Particulars | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|
| Sales | 14 | 35 | 215 | 398 | 633 | 688 |
| Expenses | 12 | 23 | 173 | 309 | 464 | 487 |
| Operating Profit | 2 | 13 | 42 | 90 | 168 | 201 |
| OPM % | 14% | 36% | 19% | 23% | 27% | 29% |
| Other Income | 0 | 4 | 3 | 19 | 47 | 33 |
| Interest | 1 | 2 | 9 | 22 | 25 | 27 |
| Depreciation | 1 | 2 | 10 | 17 | 31 | 35 |
| PBT | 1 | 12 | 25 | 71 | 159 | 172 |
| Tax % | 13% | 32% | −31% | 17% | 24% | — |
| Net Profit | 1 | 8 | 33 | 58 | 122 | 131 |
| EPS (₹) | 1.01 | 8.59 | 10.31 | 12.72 | 25.05 | 27.43 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity Capital | 9 | 10 | 31 | 46 | 46 |
| Reserves | 28 | 36 | 174 | 740 | 888 |
| Borrowings | 15 | 63 | 258 | 315 | 342 |
| Other Liabilities | 8 | 23 | 160 | 126 | 328 |
| Total Liabilities | 59 | 131 | 622 | 1,227 | 1,604 |
| Fixed Assets | 7 | 27 | 235 | 301 | 755 |
| CWIP | 8 | 34 | 97 | 172 | 17 |
| Investments | 15 | 16 | 0 | 0 | 4 |
| Other Assets | 29 | 53 | 289 | 754 | 827 |
| Total Assets | 59 | 131 | 622 | 1,227 | 1,604 |
Cash Flow
₹ Cr| Particulars | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating | −10 | −1 | −26 | −46 | 62 |
| Investing | −24 | −48 | −54 | −429 | −121 |
| Financing | 36 | 46 | 87 | 573 | −1 |
| Net Cash Flow | 2 | −3 | 8 | 98 | −60 |
| Free Cash Flow | −21 | −48 | −78 | −203 | −203 |
| CFO/EBITDA | −526 | 3 | −56 | −41 | 45 |
Ratios
| Particulars | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Debtor Days | 506 | 228 | 191 | 114 | 187 |
| Inventory Days | 135 | 89 | 184 | 232 | 130 |
| Days Payable | 324 | 388 | 556 | 275 | 340 |
| Cash Conversion Cycle | 317 | −71 | −182 | 70 | −24 |
| Working Capital Days | 359 | −7 | −16 | 88 | 132 |
| ROCE % | — | 18% | 12% | 11% | 15% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Senores Pharmaceuticals insights
67 extracted metrics across FY22–FY27.
Documents
- Q1 FY27 concall · Aug 2026Transcript PPT Recording
- Q4 FY26 concall · May 2026Transcript PPT Recording
- Q3 FY26 concall · Jan 2026Transcript PPT Recording
- Concall · Dec 2025PPT
- 27 Jul 2026
- General announcements 29 Oct 2026
- General announcements 29 Oct 2026
Frequently Asked Questions about Senores Pharmaceuticals
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Company Information
Incorporated in 2015, Senores Pharmaceuticals Ltd manufactures and develops affordable and high-quality complex generics certified by global food and drugs authorities
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