Senco Gold Share Price

Intimation of Newspaper Publication dated 13th August 2026.

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• 21 hours 21 minutes ago

Audio Recording of the Earning Conference Call for Q1 & FY27

• BSE India
• 1 day 18 hours ago

<h3><span style="font-size:16px;"><strong>Gems & Jewellery company Senco Gold announced Q1FY27 results</strong></span></h3> <p><strong>Consolidated Financial Highlights:</strong></p> <ul> <li>Revenue: Rs 3,056 crore against Rs 1,826.3 crore during Q1FY26, change 67%.</li> <li>EBITDA: Rs 213.1 crore against Rs 183.6 crore during Q1FY26, change 16%</li> <li>EBITDA Margin: 7% during Q1FY27.</li> <li>PAT: Rs 101.1 crore against Rs 104.7 crore during Q1FY26, change -3%.</li> <li>PAT Margin: 3.3% during Q1FY27.</li> </ul> <p><strong>Business Highlights:</strong></p> <ul> <li>Demand remained resilient: Despite Adhik Maas and average gold prices increasing by ~61% YoY and ~1% QoQ, demand was supported by Akshaya Tritiya, Poila Boishakh, Baisakhi, Bihu and the summer wedding season as well as larger range in lower cartage & lower weight category and fresh design launches. Gold jewelry volumes remained broadly stable despite price rise and custom duty impact.</li> <li>Diamond jewelry sales growth: Diamond jewelry sales grew by 43% YoY and 18% in volume terms, supported by wider demand in the sub-50k range in Everlite collection.</li> <li>Old-gold exchange: The ‘0% deduction’ old-gold exchange campaign supported 43% of total sales quantity, enabling customers to upgrade their jewelry while moderating the impact of elevated gold prices. This partly impacts the gross margin.</li> <li>Showroom expansion: During the quarter we opened net 8 showroom- COCO- 4, FRN- 4 and 1 Sennes showroom. As we continue to evaluate store economics regularly, after closure of 1 COCO showroom, the network expanded from 201 showrooms at 31st March 2026 to 209 showrooms at 30th June 2026 as a group. The Company remains on track to open another 12–15 showrooms during the remainder of FY27.</li> </ul> <p><strong>Suvankar Sen, Managing Director & CEO, Senco Gold, said:</strong> “We are pleased to begin FY27 with a strong Q1 performance, building on the momentum achieved in FY26. Consolidated revenue from operations increased 67% YoY reflecting the continued trust of our customers in Brand Senco and broad-based demand during Festive season and summer wedding season, even as average gold prices increased by ~61% YoY and remained volatile.</p> <p>Retail sales increased by 50% YoY to Rs 2,651.5 crore in Q1FY27, while SSSG grew aggressively by 39%, demonstrating the market reach of existing showrooms and growing footfall as well as conversions along with premiumization.</p> <p>Customer preference continued towards lightweight, fancy, daily wear, gifting and design-led jewelry. Diamond jewellery value increased by 43% YoY and volumes by 18%, supported by lower-ticket offerings below Rs 50,000, our Everlite range, a wider 9K and 14K assortment, and fresh design launches. Old-gold exchange supported 43% of total sales quantity, in our endeavor to promote increase of gold recycling and support national objective & enabling customers to upgrade their jewelry while moderating the impact of elevated gold prices YoY. Average gold price increased by 61% YoY and 1% QoQ to Rs 15,280 per gram, while the quarter-end gold price increased by 48% YoY but decreased by 3% QoQ to Rs 14,253 per gram. Net showroom addition during the quarter was 8- COCO-3, FRN-4 and 1 Sennes showroom. The Company remains on track to open another 12–15 showrooms during the remainder of FY27 with an increasing focus on franchise-led expansion, Tier-2 and Tier-3 cities, and strengthening our presence in both East and non-East markets in a balanced manner.</p> <p>Looking ahead, Q2 is seasonally softer; however, our teams are focused on customer engagement and planning inventory and new design launches for the upcoming festive and wedding seasons. Continuing to build on our strong design sensibility and innovation capabilities, we introduced new designs for women in Everlite, alongside the launch of Aham Ti22, our new Titanium jewelry range crafted specifically for modern Indian men as one of its first in Indian jewelry industry. We will continue to prioritize lightweight collections, affordability, design innovation, store productivity, data analysis, inventory optimization and margin protection for best possible ROCE. We remain focused on achieving 20%+ value growth in FY27 while strengthening Brand Senco across the country and pursuing disciplined, profitable pan-India expansion with a focus on East and North India.”</p> <p><strong>Sanjay Banka (Group CFO & Head IR) said:</strong> “We are pleased to report 67% YoY growth in consolidated revenue, which is the highest Q1 performance in last few years. EBITDA increased by 16% YoY to Rs 213 crore; and stabilized to 7.0% in our guided range of 7.5%-7.8% on a QoQ basis. The margin movement reflects discounting, gold price fall partly offset by custom duty increase, and better product mix. We continued to work on optimizing the inventory efficiency which led to reduction in the quarter inventory by Rs 300 crore and resultant improvement in the inventory days. We have also considered full impact of Labour code in Q1 after detailed evaluation.</p> <p>EBIT increased by 13% YoY to Rs 207 crore, with EBIT margin moving to 6.8%. Incidentally, due to gold price volatility and GML unavailability, our blended borrowing cost increased marginally. Overall, PAT for Q1 was Rs 101 crore at a margin of 3.3%. Business losses at SFL and SGJTL also affected consolidated profitability, while SGAPL continued to report profit. Looking ahead, we remain committed to FY27 value growth of 20%+ and EBITDA margin of 7.5%–7.8%, while working towards a sustainable PAT margin of 4.0%–4.5% with a sharp focus on Return on Capital Employed (RoCE). Our focus will continue to be on margin stabilization, improving inventory days, balancing finance cost through right mix of GML and optimizing subsidiary performance.”</p> <p><a class="lb" href="/get-document/post/pdf/5781565/" target="_blank">Result PDF</a></p>

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