Senco Gold Limited Posts Record FY26 Topline of Rs 8,430 Cr, PAT Jumps 3.6x on Strong Consumer Demand
Senco Gold Limited, an established jewellery retailer, announced robust financial results for the quarter and fiscal year (FY) ending March 31, 2026. The company reported record revenue and profit growth, driven by strong consumer demand during the wedding season, effective utilization of the Old Gold Exchange program, and the expansion of its hyper-local market strategy.The company's overall financial performance for FY26 showed significant acceleration, with revenue reaching Rs 8,430 Cr, marking a 33% year-on-year (YoY) growth. Profit after Tax (PAT) saw a remarkable increase of 3.6 times YoY, achieving Rs 574 Cr.
Financial Performance Summary
The financial results highlight strong year-over-year growth metrics across the board.| Metric | Q4 FY26 (Rs Cr) | Q4 FY25 (Rs Cr) | YoY % (Q4) | FY26 (Rs Cr) | FY25 (Rs Cr) | YoY % (FY) |
|---|---|---|---|---|---|---|
| Revenue | 1,996.7 | 1,377.7 | 45% | 8,430.0 | 6,328.1 | 33% |
| EBITDA | 274.4 | 127.0 | 116% | 969.0 | 367.6 | 164% |
| EBITDA Margin % | 13.7% | 9.2% | 450bps | 11.5% | 5.8% | 570bps |
| EBIT | 264.5 | 122.6 | 116% | 966.9 | 354.1 | 173% |
| PAT | 156.9 | 62.4 | 151% | 574.3 | 159.3 | 261% |
| PAT % | 7.9% | 4.5% | 340bps | 6.8% | 2.5% | 430bps |
These figures underscore the company's capacity for profitable growth, with the EBITDA Margin at 11.5% for FY26.
Key Growth Drivers and Operational Updates
The company attributed its impressive growth to several key factors. For the fourth quarter alone, revenue grew 45% YoY, fueled by the promising wedding season, coupled with strong gifting demand on Valentine's Day and the continued leveraging of the Old Gold Exchange program, which contributed approximately 50% of the Q4 revenue.Senco reported a 33% YoY revenue growth for FY26, surpassing its stated guidance of 25%+. The non-East revenue surpassed Rs 1,600 Cr, reflecting the brand's expanding national presence. The Same Showroom Sales Growth (SSSG) stood at approximately 35% for Q4 and 24% for the full year, contributing significantly to the total 33% growth.
Operationally, the company expanded its showroom network to 201 showrooms, with 26 new locations launched during FY26. Average Transaction Value (ATV) saw a 30% YoY rise to Rs 95,100, while the Average Selling Price (ASP) increased by 29% YoY to Rs 62,200.
In terms of commodity prices, the average gold price surged by 79% YoY and 20% QoQ, reaching a high of Rs 1,69,403 per 10 grams. Despite this exceptional price rise, the company noted that consumer demand for natural diamonds remained strong, with diamond volumes growing approximately 9% YoY in FY26.
Management Outlook
Mr. Suvankar Sen, Managing Director & CEO, stated that the strong performance reflects the deep trust and faith of the customer base. He highlighted that while global gold prices exhibited volatility, consumer demand remained resilient in value, particularly during the full-quarter wedding season.Mr. Sanjay Banka, Group CFO, elaborated that the growth in EBITDA was aided by gains related to the rise in gold and silver prices, alongside improvements in product mix and making charges.
Looking ahead to FY27, the company remains optimistic, citing potential from new geographies and expanding the network of franchise showrooms. Management stated a continued focus on affordability, lightweight jewellery, and expanding organized consumption across India.
SENCO Stock Price Movement
On Tuesday, shares of Senco Gold Limited shed 1.03%, closing at ₹349.10. The equity traded a total volume of 638,493 shares, settling above its day low of ₹347.55.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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