Senco Gold Ltd

Senco Gold Ltd reported a strong Q1 FY27 performance with consolidated revenue growing 67% year-on-year to ₹3,056 crore. Retail sales increased by 50% YoY to ₹2,651.5 crore, driven by a Same Store Sales Growth (SSSG) of 39% YoY. The company expanded its network by opening a net of eight new showrooms, bringing the total to 209. Despite a 61% YoY increase in average gold prices and a customs duty hike, demand remained resilient, supported by festive occasions, wedding season, and effective old gold exchange schemes which contributed 43% of sales. EBITDA grew 16% YoY to ₹213 crore, while PAT saw a slight decrease of 3% YoY to ₹101 crore.

Senco Gold Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The results were reviewed by the Audit Committee and approved by the Board of Directors on August 11, 2026. The company has submitted these results along with the Limited Review Reports issued by its statutory auditors, M/s. Walker Chandiok & Co. LLP. The financial statements are prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) and comply with SEBI Listing Regulations. The auditor's report indicates that based on their review, nothing has come to their attention that suggests material misstatements in the accompanying financial statements.

Senco Gold's consolidated Q1 FY27 (quarter ended 30 June 2026, unaudited) revenue rose 67.3% YoY to ₹3,056 Cr (from ₹1,826 Cr) and 53.1% QoQ, but consolidated PAT of ₹101.1 Cr actually declined 3.4% YoY (₹104.7 Cr a year ago) and fell 35.5% QoQ from ₹156.9 Cr — a clear disconnect between topline momentum and the bottom line. Basic EPS came in at ₹6.17 versus ₹6.39 a year ago. There were no exceptional items on either side of the comparison, so the YoY profit decline is on a like-for-like basis. The gap is a margin story. EBITDA margin (on revenue from operations) compressed to 6.97% from 10.05% a year ago and 13.74% last quarter — meaningfully below management's own 7.5-7.8% FY27 EBITDA-margin band. Net profit margin fell to 3.29% of total income, well under the company's guided 4.0-4.5% PAT-margin target and down from 5.67% YoY / 7.80% QoQ. The compression traces to cost of materials and stock-in-trade purchases rising to ~83.9% of revenue (from ~80.9% YoY and ~77.6% QoQ) as the government's gold import-duty hike (6% to 15%) fed into bullion costs faster than the company could reprice, compounded by aggressive market discounting during the quarter; the company's 50% gold-inventory hedge only partially offset this. Finance costs jumped 58% YoY (₹67.9 Cr vs ₹43.0 Cr) as heavier gold inventory was carried through the price rally, and employee costs rose 21.7% YoY (₹50.9 Cr vs ₹41.8 Cr) behind 8 new stores opened in the quarter. Against guidance, revenue growth is running far ahead of the 18-20% FY27 target (67% in this quarter alone), but that pace reflects the gold-price/duty-hike windfall rather than repeatable volume growth and should ease over the year. Both margin metrics missed the company's own targets this quarter — PAT margin (3.3% vs 4.0-4.5% guided) and EBITDA margin (6.97% vs 7.5-7.8% guided). The pre-result Street read had flagged margin sustainability as the central debate (consensus target ₹503, FY27 EPS estimate ₹28.60 — broadly consistent with this quarter's annualised run-rate); the print answers that debate negatively, with margins compressing rather than holding. Basis divergence is notable: standalone PAT grew 10.4% YoY to ₹114.2 Cr even as consolidated PAT fell 3.4% YoY, the gap driven by the ₹17.0 Cr subsidiary net loss noted above — readers comparing the two prints should know the standalone number looks materially healthier. Management's detailed commentary is due at the earnings call scheduled for 12 August 2026, the day after this filing; no separate press release accompanies this result.

Senco Gold Ltd has issued a letter to shareholders, providing weblinks to access the Annual Report for FY 2025-26 and the Notice for the 32nd Annual General Meeting (AGM). The AGM is scheduled for Monday, August 31, 2026, at 11:30 AM IST in Kolkata. Electronic copies of the AGM notice and annual report have been sent to registered email addresses. For shareholders whose emails are not registered, the letter directs them to specific links on the company's website and stock exchange websites (BSE, NSE). Key dates for e-voting and dividend record are also provided, with the cut-off date for e-voting and dividend record being August 24, 2026.

Senco Gold Ltd has announced the record date for the payment of its final dividend for the fiscal year 2025-26. The record date is set for August 24, 2026. Shareholders eligible for the dividend will be determined on this date. The company's 32nd Annual General Meeting (AGM) is scheduled for August 31, 2026, where the dividend, if declared, will be finalized. This intimation is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Senco Gold Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, as mandated by SEBI regulations. The report, which is part of the Annual Report, details the company's commitment to ESG principles. It covers corporate identity, business activities primarily focused on manufacturing and retailing of jewellery (100% of turnover), and product details including gold, diamond, and gemstone jewellery, alongside lifestyle accessories. The company operates across 18 Indian states and one international location, with exports contributing 5% of its total turnover. The BRSR is prepared on a consolidated basis, including wholly-owned subsidiaries Senco Gold Artisanship Private Limited and Sennes Fashion Limited. The report is also available on the company's website.

Senco Gold Ltd has filed its Annual Report for the Financial Year 2025-26, along with the Notice for its 32nd Annual General Meeting (AGM). The AGM is scheduled for Monday, 31st August 2026, at 11:30 AM IST, to be held at G. D. Birla Sabhagar, Kolkata. The report and notice are being disseminated electronically to members with registered email addresses, and a web link will be provided to others. The Annual Report highlights the company's legacy, vision, and financial performance over the years, emphasizing its foundation of honesty, transparency, and trust, inspired by its founder, Shri Shaankar Sen.

Senco Gold Ltd has announced its 32nd Annual General Meeting (AGM) to be held on Monday, August 31, 2026, at 11:30 AM IST in Kolkata. The meeting will cover ordinary business including the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026. Shareholders will also vote on the payment of an interim dividend of ₹0.75 per share and a final dividend of ₹1 per share for FY26. Additionally, a director retiring by rotation will be considered for re-appointment. The cut-off date for determining voting eligibility is August 24, 2026. The company is facilitating remote e-voting through CDSL.

Senco Gold Limited has announced that its Board of Directors will convene on August 11, 2026, to consider and approve the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. Concurrently, the company has confirmed the closure of its trading window from July 1, 2026, until 48 hours after the declaration of these financial results, as per its internal code of conduct for designated persons. This announcement is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Senco Gold Ltd reported a robust Q1 FY27 business update, showcasing significant growth driven by elevated gold prices and strong consumer demand during festive periods. Total revenue surged 60% YoY, with retail revenue up 48% YoY and Same Store Sales Growth (SSSG) at 38% YoY. The company opened 8 new showrooms, expanding its network to 208 stores. Diamond jewellery also saw strong growth of 40% YoY. Old gold exchange contributed 43% of total sales, boosted by a '0% deduction' campaign. The company anticipates a seasonally softer Q2 FY27 but remains focused on inventory optimization and margin protection.