Senores Pharmaceuticals (NSE:SENORES) Beneish M-Score: -1.77 (As of Jun. 27, 2026)


NSE:SENORES Senores Pharmaceuticals Ltd NSE:SENORES
18 GF Score
Price ₹1,269.70
! 7 Warning Signs
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What is Senores Pharmaceuticals Beneish M-Score?

Senores Pharmaceuticals NSE:SENORES -0.39% 18 Beneish M-Score is -1.77 as of Jun. 27, 2026. GuruFocus rates NSE:SENORES with a GF Score™ of 18/100. The stock has 7 warning signs investors should review. Among 911 Drug Manufacturers companies, Senores Pharmaceuticals ranks worse than 85.29% on this metric.

The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Warning Sign:

Beneish M-Score -1.77 higher than -1.78, which implies that the company might have manipulated its financial results.

The historical rank and industry rank for Senores Pharmaceuticals's Beneish M-Score or its related term are showing as below:

NSE:SENORES' s Beneish M-Score Range Over the Past 10 Years
Min: -1.77   Med: -1.58   Max: 2.26
Current: -1.77

During the past 5 years, the highest Beneish M-Score of Senores Pharmaceuticals was 2.26. The lowest was -1.77. And the median was -1.58.


Senores Pharmaceuticals Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Senores Pharmaceuticals's Beneish M-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Senores Pharmaceuticals Beneish M-Score Chart

Senores Pharmaceuticals Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Beneish M-Score
0.00 0.00 2.26 -1.58 -1.77

Senores Pharmaceuticals Quarterly Data
Mar22 Mar23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.58 0.00 0.00 0.00 -1.77

NSE:SENORES vs LLY, JNJ, ABBV: Beneish M-Score Comparison

For the Drug Manufacturers - General subindustry, Senores Pharmaceuticals's Beneish M-Score, along with its competitors' market caps and Beneish M-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Senores Pharmaceuticals Beneish M-Score vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Senores Pharmaceuticals's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Senores Pharmaceuticals's Beneish M-Score falls into.


NSE:SENORES
18GF Score
Senores Pharmaceuticals Ltd NSE:SENORES
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Senores Pharmaceuticals Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of Senores Pharmaceuticals for today is based on a combination of the following eight different indices:

M=-4.84+0.92 * DSRI+0.528 * GMI+0.404 * AQI+0.892 * SGI+0.115 * DEPI
=-4.84+0.92 * 0.8454+0.528 * 0.9071+0.404 * 1.3402+0.892 * 1.5885+0.115 * 0.7675
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0+4.679 * 0.033252-0.327 * 1.1754
=-1.77

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was ₹3,248 Mil.
Revenue was ₹6,326 Mil.
Gross Profit was ₹3,810 Mil.
Total Current Assets was ₹8,124 Mil.
Total Assets was ₹16,038 Mil.
Property, Plant and Equipment(Net PPE) was ₹3,627 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹313 Mil.
Selling, General, & Admin. Expense(SGA) was ₹0 Mil.
Total Current Liabilities was ₹4,240 Mil.
Long-Term Debt & Capital Lease Obligation was ₹2,081 Mil.
Net Income was ₹1,154 Mil.
Gross Profit was ₹0 Mil.
Cash Flow from Operations was ₹621 Mil.
Total Receivables was ₹2,419 Mil.
Revenue was ₹3,983 Mil.
Gross Profit was ₹2,176 Mil.
Total Current Assets was ₹7,224 Mil.
Total Assets was ₹12,269 Mil.
Property, Plant and Equipment(Net PPE) was ₹2,598 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹168 Mil.
Selling, General, & Admin. Expense(SGA) was ₹157 Mil.
Total Current Liabilities was ₹2,407 Mil.
Long-Term Debt & Capital Lease Obligation was ₹1,707 Mil.




1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(3248.2 / 6326.3) / (2418.8 / 3982.5)
=0.513444 / 0.607357
=0.8454

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(2175.5 / 3982.5) / (3809.7 / 6326.3)
=0.546265 / 0.6022
=0.9071

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (8124.3 + 3627.1) / 16038.1) / (1 - (7224.3 + 2597.6) / 12268.6)
=0.267282 / 0.199428
=1.3402

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=6326.3 / 3982.5
=1.5885

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI=(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1)) / (Depreciation_t / (Depreciaton_t + PPE_t))
=(168.4 / (168.4 + 2597.6)) / (312.5 / (312.5 + 3627.1))
=0.060882 / 0.079323
=0.7675

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(0 / 6326.3) / (157.3 / 3982.5)
=0 / 0.039498
=0

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((2080.7 + 4240) / 16038.1) / ((1706.6 + 2407) / 12268.6)
=0.394105 / 0.335295
=1.1754

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA=(IncomefromContinuingOperations_t - CashFlowsfromOperations_t) / TotalAssets_t
=(NetIncome_t - NonOperatingIncome_t - CashFlowsfromOperations_t) / TotalAssets_t
=(1153.8 - 0 - 620.5) / 16038.1
=0.033252

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Senores Pharmaceuticals has a M-score of -1.77 signals that the company is likely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of -1.77 mean?
Senores Pharmaceuticals (NSE:SENORES) has a Beneish M-Score of -1.77 as of Jun. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Senores Pharmaceuticals and its competitors. According to the industry distribution chart, Senores Pharmaceuticals ranks #777 out of 911 companies in the Drug Manufacturers industry, placing it in the top 85.3%.
Is Senores Pharmaceuticals' Beneish M-Score too high?
Senores Pharmaceuticals' current Beneish M-Score is -1.77. Based on the distribution chart, Senores Pharmaceuticals ranks #777 out of 911 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Senores Pharmaceuticals has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Senores Pharmaceuticals' Beneish M-Score compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, Senores Pharmaceuticals ranks #777 out of 911 companies for Beneish M-Score. This places Senores Pharmaceuticals in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for a Drug Manufacturers company?
A good Beneish M-Score depends on the Drug Manufacturers industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Senores Pharmaceuticals and its competitors. Senores Pharmaceuticals's current Beneish M-Score is -1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Senores Pharmaceuticals stock overvalued right now?
Senores Pharmaceuticals (NSE:SENORES) has a current Beneish M-Score of -1.77. The current Beneish M-Score is -1.77. Senores Pharmaceuticals' overall GF Score™ is 18/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For Senores Pharmaceuticals (NSE:SENORES), the current Beneish M-Score is -1.77 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Senores Pharmaceuticals Business Description

Other Exchanges 544319:India
Address Ambali Bopal Road, 1101 to 1103, 11th floor, South Tower, ONE 42, Opposite Jayantilal Park, Ahmedabad, GJ, IND, 380054
Senores Pharmaceuticals Ltd is a research-driven pharmaceutical company engaged in developing and manufacturing a wide range of pharmaceutical products predominantly for the Regulated Markets of the USA, Canada and United Kingdom across various therapeutic areas and dosage forms, with a presence in Emerging Markets. Its strength lies in identifying, developing and manufacturing a diverse range of specialty, underpenetrated and complex pharmaceutical products establishing the company as a preferred partner to certain customers. Through data analytics, research, market assessment and experienced management, It strategically identifies commercially underpenetrated molecules to launch products in the Regulated and Emerging Markets.
18GF Score

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Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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