Senco's 6.97% margin trails sector median by 5.96 points
Interest and depreciation reduced operating profit of Rs 213.14 cr to profit before tax of Rs 138.94 cr; the results were filed after market close.
Filed 11 Aug 2026, 19:46 IST · after market close · Senco Gold Ltd (SENCO)
Key takeaways
- Senco Gold reported a consolidated Q1FY27 operating margin of 6.97%, 5.96 percentage points below the 12.93% median for 145 Consumer Discretionary peers.
- Interest of Rs 67.94 cr and depreciation of Rs 21.52 cr reduced operating profit of Rs 213.14 cr to profit before tax of Rs 138.94 cr.
- A 27.2% tax rate and Rs 15.26 cr of other income shaped consolidated net profit of Rs 101.14 cr and EPS of Rs 6.17.
Price around the results
Q1FY27 profit bridge
On a consolidated basis, Senco converted revenue of Rs 3,056.03 cr into operating profit of Rs 213.14 cr, implying a 6.97% operating margin. Interest of Rs 67.94 cr and depreciation of Rs 21.52 cr then reduced profit before tax to Rs 138.94 cr, before tax of Rs 37.8 cr produced net profit of Rs 101.14 cr.
Margin remains below the peer set
Senco's 6.97% operating margin was 5.96 percentage points below the 12.93% median among 145 Consumer Discretionary companies that had reported. It ranked 26th from the bottom in that comparison, making operating profitability the clearest weakness in the quarter.
Other income and tax shaped reported earnings
Other income contributed Rs 15.26 cr alongside operating earnings, while the 27.2% tax rate determined the conversion of profit before tax into net profit. The company filed its consolidated results at 19:46 IST on 11 August 2026, after market close, so there is no immediate market reaction to assess.
Q1FY27 at a glance
Consolidated figures as filed with NSE — cross-checked against an independent source.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹3,056 cr |
| Other income | ₹15 cr |
| Expenses | ₹2,843 cr |
| Operating profit | ₹213 cr |
| Operating margin (%) | 6.97% |
| Interest | ₹68 cr |
| Depreciation | ₹22 cr |
| Profit before tax | ₹139 cr |
| Tax | ₹38 cr |
| Net profit | ₹101 cr |
| EPS (₹) | ₹6.17 |
Operating margin of 6.97% compares with a Consumer Discretionary sector median of 12.93% across 145 peers that have reported Q1FY27.
What to watch
- Whether operating margin improves from 6.97% and narrows the 5.96-point gap with the 12.93% peer median.
- Whether interest remains near Rs 67.94 cr relative to operating profit of Rs 213.14 cr.
- Whether net profit conversion changes from the current 27.2% tax rate and Rs 15.26 cr of other income.