Senco Gold Reports 16% Revenue Growth in H1 FY26
Filing Summary
Senco Gold Limited announced its financial results for the quarter and half-year ended September 30, 2025. The company reported a 16% year-on-year revenue growth, reaching Rs. 3,362 crore. The profit after tax (PAT) increased by 142% to Rs. 153 crore. The company launched 16 new showrooms in H1 and achieved record sales during the Dhanteras month. The EBITDA margin expanded by 310 basis points to 8.6%. Senco Gold operates 192 showrooms across India and Dubai, focusing on gold and diamond jewellery.
Senco Gold Limited released its financial results for the quarter and half-year ending September 30, 2025. The company reported a consolidated revenue of Rs. 3,362 crore for H1 FY26, marking a 16% increase compared to the previous year. The profit after tax (PAT) for the same period rose by 142% to Rs. 153 crore. The company expanded its retail network by opening 16 new showrooms during the half-year, contributing to its growth.
The company’s financial performance in H1 FY26 showed significant improvements. The revenue for Q2 FY26 was Rs. 1,536 crore, a 2% increase year-on-year. The EBITDA for H1 FY26 was Rs. 290 crore, reflecting an 81% growth compared to H1 FY25. The EBITDA margin improved by 310 basis points to 8.6%. The adjusted EBITDA for H1 FY26 was Rs. 290 crore, a 52% increase from the previous year. The EBIT for H1 FY26 grew by 90% to Rs. 289 crore, with an EBIT margin of 8.6%.
Senco Gold’s operational highlights include the launch of six new showrooms in Q2 and a total of 16 in H1. The company achieved its highest-ever Dhanteras month sales, amounting to approximately Rs. 1,700 crore, with a 56% year-on-year growth. The same-store sales growth (SSSG) for H1 was 7.5%. The company’s inventory levels increased to Rs. 4,309 crore, primarily due to the rise in gold prices and stocking for the Dhanteras sale and new showrooms.
The market context for Senco Gold includes a robust demand for jewellery, driven by festive sales and the upcoming wedding season. The company reported a 31% increase in demand for diamond jewellery, contributing to a higher stud ratio of 12%. The average selling price (ASP) and average ticket value (ATV) also rose, consistent with the increase in gold rates.
The timeline for Senco Gold’s expansion includes plans to launch an additional 6-8 showrooms by the end of FY26. The company aims to maintain financial discipline and optimize inventory levels to support business growth. The net debt stood at Rs. 1,578 crore, with a debt-to-equity ratio of 0.75.
Senco Gold & Diamonds is a leading jewellery retailer in India with an 85-year heritage. The company operates 192 showrooms across India and Dubai, offering a wide range of gold and diamond jewellery. Senco Gold focuses on expanding its retail presence and enhancing its product offerings to meet customer demand.