| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 2.1K | 40.1% |
| Total Income | 2.1K | 39.6% |
| Expenditure | 2.1K | 38.1% |
| PBT | 45.63 | 178.7% |
| Net Profit | 33.48 | 176.2% |
| OPM | -0.67% | 2.60pp |
| NPM | 1.58% | 0.78pp |
| EPS | 2.13 | 36.5% |
Senco Gold Announces Highest Ever Quarterly Performance of Rs 2,100 Cr+ Led by 27.3% YoY Consolidated Growth in Q3 and 22% in 9 Months Consolidated Growth
14 Feb 2025 · 14 Feb 2025, 12:05 pm
Summary
Senco Gold Limited, a leading jewellery retailer with over 85 years legacy, has announced its Consolidated Unaudited Financial Results for the quarter and nine months ended 31st December 2024 (Q3 & 9 months FY25). The company achieved YoY revenue growth of 27.3% in Q3 and 22.0% in 9 months at consolidated level. However, the adjusted EBITDA margin for the quarter is 5.1% and 6% for the 9 months period, marginally lower than the guidance of 7-8%.
Key Highlights
- 1
Senco Gold announces highest ever quarterly performance of Rs 2,100 Cr+ led by 27.3% YoY consolidated growth in Q3 and 22% in 9 months consolidated growth.
- 2
Adjusted EBITDA margin for the quarter is 5.1% and 6% for the 9 months period, marginally lower than the guidance of 7-8%.
- 3
The company raised X 459 Cr in Q3 through Qualified Institutional Placement (QIP).
- 4
The company announced a 1:2 stock split on January 31, 2025.
- 5
Gold prices observed high volatility during Q3, recording a 22% YoY increase and 20% increase since April 2024.
Management Comments
Mr. Suvankar Sen
Managing Director & CEO, Senco Gold Ltd
During the quarter, we received an overwhelming response to our Qualified Institutional Placement (QIP) and successfully raised = 459 Cr, in testament of faith and trust of investor community. These funds have been utilized to repay short-term debt, support our expansion plans and arrange inventory for existing and new showrooms. Additionally, we also announced a 1:2 stock split on January 31, 2025, further enhancing shareholder value.
Mr. Sanjay Banka (CFO)
Senco Gold Ltd.
We remain confident that given the long-term prospect of the Indian gems and jewellery which is presently USS 85- 90 bn, we will achieve 7%-8% EBITDA margin on an annualized basis excluding any one-off event. The lower EBITDA and PAT margin in the current quarter emanated due to custom duty impact while the adjusted 9 months EBITDA margin was 6.0%.
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