Senco Gold Limited announced the outcome of its Board meeting held on February 12, 2026, approving the Unaudited Standalone and Consolidated Financial Results for Q3 FY26 (ended December 31, 2025). The company declared an Interim Dividend of ₹0.75 per equity share (15% of face value). Business highlights show 50% YoY revenue growth in Q3, driven by a robust store network expansion and strategic pivot towards lightweight jewelry.
Senco Gold Announces Q3 FY26 Board Decisions
The Board of Directors of Senco Gold Limited convened on February 12, 2026, inter alia, approving the Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2025. The results were accompanied by the Limited Review Reports from M/s. Walker Chandiok & Co. LLP.
Interim Dividend Declaration
A significant decision was the declaration of an Interim Dividend of ₹0.75 per equity share for the financial year 2025-26, which translates to 15% of the face value of ₹5.00. The Board has fixed Friday, February 20, 2026, as the record date for determining eligibility. This dividend is mandated to be paid within 30 days.
Key Business Performance Highlights
The company reported robust business growth, underscoring the success of its ‘Hyper-local’ strategy and expanding national footprint:
- The store network expanded to 196 showrooms, with a net addition of 21 stores in nine months.
- Retail sales reached an all-time high of ₹3,071 Cr in Q3, marking a 50% YoY growth.
- TTM revenue has already crossed ~₹8,300 Cr.
- Non-East revenue surpassed the ₹1,100 Cr mark.
Financial Snapshot: Consolidated Results (₹ in Cr)
The financial performance demonstrated significant year-over-year improvements across key metrics for Q3 FY26:
- Revenue: Grew 50% YoY to ₹3,071.0 (up from ₹2,046.0 in Q3 FY25).
- EBITDA: Jumped 406% YoY to ₹404.6 (from ₹80.0).
- EBITDA Margin: Expanded significantly by 927 basis points (bps) YoY to 13.2%.
- Profit After Tax (PAT): Increased 689% YoY to ₹264.0 (from ₹33.5).
- PAT Margin: Improved to 8.5% in Q3.
Nine-Month Performance (9M FY26)
For the nine months ended December 31, 2025, the consolidated performance showed:
- Revenue: ₹6,433.4 Cr, achieving 30% YoY growth.
- EBITDA: ₹694.7 Cr, representing 2.9x growth YoY.
- PAT: ₹417.4 Cr, marking a 4.3x growth YoY.
Management Commentary and Strategy
Mr. Suvankar Sen, Managing Director & CEO, expressed satisfaction, noting the achievement of crossing ₹3,000 Cr revenue, ₹400 Cr EBITDA, and ₹264 Cr PAT in a single quarter, despite gold prices reaching historic highs.
The company’s strategy focuses on:
- Pivoting towards lightweight and everyday-wear jewellery, which drove profitability.
- Achieving 21% Same Store Sales Growth (YTD) through its ‘Hyper-local’ approach.
- Successfully countering price volatility with the Old Gold Exchange, which contributed 43% of total revenue and 36% of procurement.
- Focusing on premiumization in non-gold categories, including Studded and Diamond segments, and expanding formats like ‘Sennes’.
CFO Commentary on Financial Health
Mr. Sanjay Banka (Group CFO) highlighted that the Q3 Adjusted EBITDA margin expanded impressively by 792 bps YoY to 13.2%. While the rise in gold prices increased working capital requirements (inventory value up 55% YoY), the company remains committed to expansion, targeting 20 new showrooms for FY26 and expecting 25%+ YoY topline growth in Q4 FY26.
Standalone Results Overview
The standalone results mirrored the consolidation trend, with Q3 Revenue at ₹30,322.93 million. The Standalone Profit After Tax for Q3 was ₹2,665.54 million. The Basic EPS for the quarter stood at ₹16.28.
Source: BSE
