SVMNYSEGold and Silver OresFiscal year ends March 31
SILVERCORP METALS INC
Financials through fiscal 2026, year ended Mar 31, 2026Last filing: 40-F on Jun 30, 2026
$9.77−0.01 (-0.10%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2016 to 2026
Gross margin
57.9%+14.1 pts over 5 years
Operating margin
18.7%−18.6 pts over 5 years
Net margin
-2.3%−26.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +46.6% | +28.2% | +17.9% | – | |
| Gross profit | +105.3% | +53.0% | +24.7% | – | |
| Operating income | -20.4% | +34.5% | +2.7% | – | |
| Free cash flow | +150.9% | +60.2% | +31.1% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | 11.1% | -1.2% | |
| Return on assets | – | 8.0% | -0.8% | |
| Current ratio | 2.76 | 5.95 | 3.58 | |
| Interest coverage | 96.4× | 36.1× | 6.1× | |
| Inventory turnover | – | 11.9× | 21.1× | |
| Capex to revenue | 4.9% | 4.7% | 2.9% | |
| Diluted shares | 171M | 177M | 219M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Silvercorp Metals generated $733.79M from operations and spent $93.05M on capital expenditure, dividends and share buybacks. 73% of that went back into the business.
Generated
$733.79M
Used
$93.05M
Capital expenditure$68.39M73%Dividends$23.70M25%Share buybacks$963.00K1%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-2.3%
×Asset turnover0.34×
×Equity multiplier1.58×
=Return on equity, FY2026-1.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | -2.3% | 0.34× | 1.58× | -1.2% |
| FY2025 | 19.5% | 0.32× | 1.52× | 9.6% |
| FY2024 | 16.9% | 0.31× | 1.38× | 7.3% |
| FY2023 | 9.9% | 0.30× | 1.40× | 4.1% |
| FY2022 | 18.5% | 0.24× | 1.40× | 6.3% |
| FY2021 | 24.1% | 0.33× | 1.39× | 11.1% |
| FY2020 | 21.6% | 0.31× | 1.41× | 9.6% |
| FY2019 | 23.3% | 0.35× | 1.44× | 11.7% |
| FY2018 | 27.6% | 0.39× | 1.48× | 15.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
3of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero-$9.94M
- Cash generatingOperating cash flow above zero$310.57M
- Return on assets improvedROA up on the prior year8.3% → -0.9%
- Earnings backed by cashOperating cash flow above net income$310.57M vs -$9.94M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose5.05 → 3.58
- No dilutionShare count did not rise206M → 219M
- Gross margin improvedGross margin up on the prior year41.34% → 57.91%
- More efficientAsset turnover rose0.43 → 0.38