Senco Gold declared its Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2025. The Board approved an Interim Dividend of ₹0.75 per equity share (15% of face value). The company achieved record Q3 retail sales of ₹3,071 Cr (50% YoY growth) and saw Total Income rise to ₹30,613.78 million (Standalone). The record date for the dividend is set for February 20, 2026.
Board Meeting Outcome and Dividend Approval
The Board of Directors of Senco Gold Limited convened on February 12, 2026, to review and approve the financial performance for the quarter and nine months ending December 31, 2025. The key outcome was the approval of the Unaudited Standalone and Consolidated Financial Results, along with the related Limited Review Reports.
Crucially, the Board also declared an Interim Dividend of ₹0.75 per equity share, which represents 15% of the equity share’s face value of ₹5. The record date for determining the eligibility of members for this dividend is fixed as Friday, February 20, 2026. Payment will be completed within 30 days of declaration.
Additionally, the Board approved the payment of profit-linked commission to Non-Executive Directors, subject to shareholder approval via postal ballot.
Consolidated Financial Performance Highlights (Q3 FY26 vs Q3 FY25)
The performance for the quarter ending December 31, 2025, showed significant expansion:
- Revenue from Operations: Grew by 50% YoY to ₹3,071.0 Cr.
- EBITDA: Skyrocketed by 406% YoY to ₹404.6 Cr.
- EBITDA Margin: Expanded substantially to 13.2%, an increase of 927 basis points (bps) YoY.
- Profit After Tax (PAT): Increased by 689% YoY to ₹264.0 Cr.
- PAT Margin: Reached 8.5%, a massive jump from 1.6% in the previous year.
Nine-Month (9M FY26 vs 9M FY25) Consolidated Performance
Over the nine-month period, the growth trajectory remained robust:
- Revenue: Grew by 30% YoY to ₹6,433.4 Cr.
- Adjusted EBITDA: Increased by 133% YoY to ₹694.7 Cr.
- Adjusted EBITDA Margin: Improved significantly to 10.8% (up 594 bps YoY).
- Adjusted PAT: Increased by 200% YoY to ₹417.4 Cr.
Management Commentary on Operational Success
Managing Director & CEO, Mr. Suvankar Sen, noted the quarter marked a historical success, crossing ₹3,000 Cr revenue, ₹400 Cr EBITDA, and ₹264 Cr PAT for the quarter. He credited this to the unwavering consumer confidence and deep trust in the brand, achieved despite gold prices hitting a historic high of ₹1,40,000/10gm.
Key operational achievements include:
- Store network expansion to 196 showrooms (net addition of 21 in 9 months).
- Average Transaction Value (ATV) rose to ₹93,000 (up 7.8% QoQ).
- The launch of over 6,000 new Gold designs and 3,300 new Diamond designs during the quarter.
- Non-East revenue crossed the ₹1,100 Cr mark, highlighting national footprint success.
- Old Gold exchange contributed 43% to total revenue, facilitating customer upgrades.
CFO Insights on Financial Management
Mr. Sanjay Banka (Group CFO) highlighted that the Q3 Adjusted EBITDA margin expanded impressively by 792 bps YoY to 13.2%, driven by an improved product mix, operating leverage, and lightweight jewellery focus.
He also noted that due to rising gold prices, working capital requirements increased, resulting in inventory value rising by 55% YoY to ₹4,602 Cr. The company estimates the incremental impact of the new consolidated labour codes amounted to ₹61.67 million.
Future Outlook and Expansion
Senco Gold remains on course to achieve its annual target of 20 new showroom openings for FY26 and is confident in achieving 25%+ YoY topline growth in Q4 FY26. The company is preparing for the Q4 wedding season, Valentine’s Day, and International Women’s Day, targeting 18%~20% growth in the studded category through curated collections.
Standalone Financial Performance (Extract)
For standalone results, Revenue from operations for Q3 FY26 stood at ₹30,322.93 million. The Standalone Profit Before Tax (PBT) for the quarter was ₹3,574.20 million, leading to a PAT of ₹2,665.54 million. Basic EPS for the quarter was reported at ₹16.28.
Source: BSE
