Senco Gold Share Price Target 2025, 2026, 2027 to 2030: Today, we will discuss a comprehensive analysis of Senco Gold share targets for 2025, 2026, 2027 to 2030. By examining market trends and the company’s historical performance, this analysis aims to provide insights into its projected growth over the coming years. As a prominent player in India’s jewellery sector, Senco Gold has gained significant traction with its extensive range of gold, diamond, and platinum jewellery, appealing to a wide consumer base across urban and rural markets.
This analysis will review the fundamental and technical factors driving Senco Gold’s growth. With a strong retail presence and the increasing demand for jewellery in India, Senco Gold is strategically positioned for sustained expansion, leveraging its established brand and growing consumer interest in premium jewellery products.
Overview of Senco Gold Ltd.
What is Senco Gold?
Senco Gold Ltd. is a leading jewellery retail company in India, known for its wide range of gold, diamond, and platinum jewellery collections. Founded in 1994, Senco Gold has grown into a prominent brand with a strong market presence across urban and rural regions in India. The company operates from its headquarters in India and is supported by a dedicated workforce of 2,345 employees (as of 2024). Senco Gold offers jewellery pieces that cater to diverse tastes and preferences, from traditional designs to contemporary styles.
Key Features of Senco Gold Ltd.:
- Business Model: Senco Gold operates an expansive retail network and an online presence, offering an extensive portfolio of gold, diamond, and platinum jewellery. Its business model focuses on catering to a broad consumer base, which includes middle-income to high-net-worth individuals. By providing jewellery for various occasions and consumer segments, Senco Gold has established itself as a versatile and accessible brand.
- Core Offerings: The company’s core offerings include jewellery for weddings, festivals, and other special occasions. Senco Gold also provides exclusive jewellery collections, such as heritage and lightweight jewellery, meeting the demands of both traditional and modern consumers. This diverse product range allows the company to strengthen its market presence and attract a wide customer base.
- Clientele: Senco Gold serves a vast clientele across India, with a strong following among traditional jewellery buyers and those seeking high-quality designs. The company’s commitment to quality, authenticity, and customer satisfaction has helped it build a loyal customer base in India’s competitive jewellery market.
- Market Position: As of 2024, Senco Gold stands as a notable player in the Indian jewellery industry, with a growing market share and brand recognition. With a robust team of over 2,345 employees and a well-established retail footprint, Senco Gold is well-positioned to capitalize on India’s increasing demand for jewellery and continue its growth trajectory in the coming years.
| Details | Information |
|---|---|
| Website | www.sencogoldanddiamonds.com |
| CEO | Suvankar Sen |
| Founded | 1994 |
| Headquarters | Kolkata, India |
| Number of Employees | Approximately 2,345 (as of 2024) |
| Parent Organization | Senco Gold Ltd. |
| Share Listinting | NSE: SENCO |
| Revenue | 4,000 Cr |
| Key Operations | Jewellery retail, gold, diamond, and platinum jewellery sales, e-commerce |
| Key Focus Areas | Retail expansion, jewellery for diverse consumer segments, online sales |
| Subsidiaries | None disclosed |
| Notable Achievements | Established brand in India’s jewellery sector, extensive range of traditional and contemporary jewellery, strong presence across urban and rural markets |
Current Market Position of Senco Gold Share Price
As of November 2024, Senco Gold shares demonstrate a strong long-term performance, with significant growth over the past five years despite some short-term fluctuations. Today, the share has decreased by -1.14%. Over the past week, it saw a decline of -5.71%, and it has dropped by -16.09% over the last month. However, the share has experienced a notable increase of +29.31% in the past six months. Year-to-date, the share price has surged by +61.93%, and over the past year, it has gained +63.95%. Over the last five years, the share has risen by +181.27%, and since its inception, it has also appreciated by +181.27%.
Senco Gold Share Price Fundamental Data
- Market Cap: ₹8,962.95 Cr.
- Enterprise Value: ₹9,909.99 Cr.
- No. of Shares: 7.77 Cr.
- P/E Ratio: 41.96
- P/B Ratio: 6.27
- Face Value: ₹10
- Dividend Yield: 0.17%
- Book Value (TTM): ₹183.90
- Cash: ₹547.33 Cr.
- Debt: ₹1,494.37 Cr.
- Promoter Holding: 67.47%
- EPS (TTM): ₹27.49
- Sales Growth: 28.32%
- ROE: 16.33%
- ROCE: 15.13%
- Profit Growth: 17.30%
The Market Position of Senco Gold Share as of November 2024
| Time Period | Returns of Senco Gold Share |
|---|---|
| Today | -1.14% |
| Past 1 Week | -5.71% |
| Past 1 Month | -16.09% |
| Past 6 Months | +29.31% |
| Year to Date | +61.93% |
| Past 1 Year | +63.95% |
| Past 5 Years | +181.27% |
| All Time | +181.27% |
Senco Gold Share Price Target in 2024
The share price target for Senco Gold in 2024 is projected to be ₹1,500. This reflects the company’s steady market performance and its potential for moderate growth in the coming year.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹1,500 | ₹1,750 |
Senco Gold Share Price Target in 2025
For 2025, Senco Gold’s share price target is expected to be ₹1,740. This indicates continued demand for Senco Gold’s jewellery and strong growth prospects.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2025 | ₹1,740 | ₹1,965 |
Senco Gold Share Price Target in 2026
In 2026, the projected share price for Senco Gold is ₹1,965. This anticipated growth is driven by the company’s expanding market presence and the ongoing demand for high-quality jewellery.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2026 | ₹1,965 | ₹2,170 |
Senco Gold Share Price Target in 2027
The share price target for 2027 is anticipated to be ₹2,170. This reflects the company’s continued revenue growth, strong brand recognition, and market position in the jewellery sector.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2027 | ₹2,170 | ₹2,410 |
Senco Gold Share Price Target in 2028
For 2028, Senco Gold’s share price target is projected to range at ₹2,410. This range is supported by the company’s sustained growth and strong performance in the jewellery industry.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2028 | ₹2,410 | ₹2,635 |
Senco Gold Share Price Target in 2029
In 2029, the share price is estimated to reach ₹2,635. This growth reflects Senco Gold’s market expansion and increasing demand for premium jewellery.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2029 | ₹2,635 | ₹2,850 |
Senco Gold Share Price Target in 2030
By 2030, the share price target for Senco Gold is expected to be ₹2,850. This optimistic forecast highlights the company’s strong long-term growth potential and dominance in the jewellery sector.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2030 | ₹2,850 | ₹3,000 |
Senco Gold Financial Health and Performance Analysis (Q3 FY 2023 – Q2 FY 2024)
| Metric | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|
| Total Income (Cr) | ₹1,416.18 | ₹1,150.13 | ₹1,661.11 | ₹1,157.59 | ₹1,314.85 |
| Total Income Growth (%) | +23.13% | -30.76% | +43.50% | -11.96% | +60.09% |
| Total Expenses (Cr) | ₹1,313.22 | ₹1,067.94 | ₹1,486.95 | ₹1,120.33 | ₹1,250.75 |
| Total Expenses Growth (%) | +22.97% | -28.18% | +32.72% | -10.43% | +64.30% |
| EBIT (Cr) | ₹102.96 | ₹82.18 | ₹174.17 | ₹37.27 | ₹64.09 |
| EBIT Growth (%) | +25.28% | -52.81% | +367.37% | -41.86% | +6.71% |
| Profit After Tax (PAT) (Cr) | ₹51.27 | ₹32.17 | ₹109.32 | ₹11.95 | ₹27.67 |
| PAT Growth (%) | +59.36% | -70.57% | +814.96% | -56.82% | +6.30% |
| EBIT Margin (%) | 7.27% | 7.15% | 10.48% | 3.22% | 4.87% |
| Net Profit Margin (%) | 3.62% | 2.80% | 6.58% | 1.03% | 2.10% |
| Basic EPS (₹) | ₹6.63 | ₹4.28 | ₹14.59 | ₹2.01 | ₹4.00 |
Performance Highlights
- Total Income: Senco Gold reported a substantial growth in total income in June 2024, reaching ₹1,416.18 Cr, reflecting a 23.13% year-over-year increase. However, the company witnessed some fluctuations in other quarters, particularly in March 2024 with a decrease of -30.76%.
- Profit After Tax (PAT): PAT grew significantly by 59.36% in June 2024, totaling ₹51.27 Cr. This positive growth contrasts with the drop observed in March 2024 (-70.57%), which was attributed to the high base effect of previous quarters.
- EBIT Growth: The EBIT margin grew to ₹102.96 Cr in June 2024, up 25.28% from the previous quarter. The substantial increase in EBIT highlights strong operational performance despite varying total income figures.
- Net Profit Margin: In June 2024, Senco Gold’s net profit margin stood at 3.62%, showing positive growth from the previous quarter. This indicates the company’s ability to manage expenses effectively and improve profitability over time.
- Basic EPS: Earnings per share (EPS) increased to ₹6.63 in June 2024, reflecting solid growth compared to earlier periods. The company has maintained steady EPS growth despite challenges in revenue generation.
How to Invest in Senco Gold
- Choose a Broker: Select a brokerage that offers access to Senco Gold (SENCO) shares.
- Open a Trading Account: Set up both a trading and Demat account to manage and hold your shares.
- Complete KYC Requirements: Provide the necessary documents such as identity proof and address proof to meet Know Your Customer (KYC) regulations.
- Deposit Funds: Add funds to your trading account to facilitate share purchases.
- Locate Senco Gold: Search for Senco Gold shares on your brokerage platform using the ticker “SENCO.”
- Place an Order: Specify the number of shares to buy and select between a market or limit order.
- Confirm Purchase: Review the order details and confirm the transaction.
- Monitor Investment: Keep track of Senco Gold’s market performance and the jewellery sector to make informed investment decisions.
Senco Gold Share Price Forecast for the Next 5 Years
Senco Gold is expected to see a steady rise in its stock price from 2024 to 2029, supported by its strong market presence in the jewellery industry, expanding customer base, and increasing demand for high-quality jewellery. The forecast takes into account the company’s strategic growth plans, market trends, and sector performance.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2024 | ₹1,500 | ₹1,500 |
| 2025 | ₹1,740 | ₹1,740 |
| 2026 | ₹1,965 | ₹1,965 |
| 2027 | ₹2,170 | ₹2,170 |
| 2028 | ₹2,410 | ₹2,410 |
Shareholding Pattern of Senco Gold
- Promoters:
- Number of Shares: 5,24,40,131
- Percentage: 67.47%
- % Change QoQ: -0.98%
- Pledge:
- Number of Shares: 0
- Percentage: 0.00%
- % Change QoQ: 0.00%
- Foreign Institutional Investors (FII):
- Number of Shares: 66,67,746
- Percentage: 8.58%
- % Change QoQ: +0.86%
- Domestic Institutional Investors (DII):
- Number of Shares: 74,55,267
- Percentage: 9.58%
- % Change QoQ: -0.88%
- Mutual Funds (MF):
- Number of Shares: 39,67,502
- Percentage: 5.10%
- % Change QoQ: +0.89%
- Others:
- Number of Shares: 1,11,59,304
- Percentage: 14.37%
- % Change QoQ: +1.00%
Frequently Asked Questions (FAQ) about Senco Gold
1. What is the share price target for Senco Gold in 2024?
The share price target for Senco Gold in 2024 is ₹1,500.
2. What is the share price target for Senco Gold in 2025?
The share price target for 2025 is ₹1,740.
3. What is the share price target for Senco Gold in 2026?
For 2026, the share price target is ₹1,965.
4. What is the share price target for Senco Gold in 2027?
The share price target for 2027 is ₹2,170.
5. What is the share price target for Senco Gold in 2028?
The share price target for 2028 is ₹2,410.
6. What is the share price target for Senco Gold in 2029?
The share price target for 2029 is ₹2,635.
7. What is the share price target for Senco Gold in 2030?
The share price target for 2030 is ₹2,850.
8. What is the current shareholding pattern of Senco Gold?
- Promoters: 67.47% (5,24,40,131 shares), with a decrease of -0.98% QoQ
- Pledge: 0% (No shares pledged)
- FII: 8.58% (66,67,746 shares), with an increase of +0.86% QoQ
- DII: 9.58% (74,55,267 shares), with a decrease of -0.88% QoQ
- Mutual Funds (MF): 5.10% (39,67,502 shares), with an increase of +0.89% QoQ
- Others: 14.37% (1,11,59,304 shares), with an increase of +1.00% QoQ
9. What is the growth outlook for Senco Gold’s stock price?
Senco Gold is expected to experience steady growth in its stock price, driven by strong demand in the gold and jewellery sector. The company’s consistent performance and strategic initiatives in the coming years are likely to support this upward trajectory.
10. How can I invest in Senco Gold shares?
To invest in Senco Gold, follow these steps:
- Choose a brokerage that offers access to Senco Gold shares.
- Open a trading and Demat account.
- Complete the KYC process by submitting valid identification and address proof.
- Fund your trading account.
- Search for Senco Gold shares on your trading platform.
- Place an order for the number of shares you wish to buy.
- Confirm the purchase and track your investment.
11. What are the expected growth rates for Senco Gold in the next few years?
The company is expected to show steady growth in revenue and profitability. The stock price target reflects expected sector growth, market trends, and Senco Gold’s positioning as a key player in the jewellery industry.
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