Senco Gold FY26 PAT surges 261% to ₹5,743.19 million
Senco Gold reported a 261% rise in FY26 net profit to ₹5,743.19 million, with revenue growing 33% to ₹84,300.30 million. The board recommended a final dividend of ₹1 per share. EBITDA rose 164% to ₹9,690 million.

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Senco Gold reported a consolidated net profit of ₹5,743.19 million for the financial year ended March 31, 2026, a 261% increase from ₹1,593.09 million in the previous year. Revenue from operations for the year rose 33% to ₹84,300.30 million, compared to ₹63,280.72 million in FY25. The Board of Directors has recommended a final dividend of ₹1 per equity share, or 20% of the face value of ₹5 each, for the financial year 2025-26, pending approval at the upcoming Annual General Meeting. The statutory auditors, M/s Walker Chandiok & Co LLP, issued an unmodified opinion on the consolidated and standalone financial results.
For the quarter ended March 31, 2026, the company recorded a consolidated profit after tax of ₹1,568.79 million, compared to ₹624.30 million in the same quarter of the previous year, while revenue from operations for the quarter stood at ₹19,966.59 million versus ₹13,777.12 million year-on-year. The financial results have been prepared in compliance with the Indian Accounting Standards and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Financial Performance
The company's financial results for the year ended March 31, 2026, reflect strong growth across key metrics. The table below summarizes the consolidated financial performance for the full year and the fourth quarter.
| Particulars | Year Ended 31 March 2026 (₹ in millions) | Year Ended 31 March 2025 (₹ in millions) | Quarter Ended 31 March 2026 (₹ in millions) |
|---|---|---|---|
| Revenue from operations | 84,300.30 | 63,280.72 | 19,966.59 |
| Total income | 85,099.13 | 63,826.39 | 20,100.19 |
| Total expenses | 77,471.76 | 61,647.78 | 18,015.54 |
| Profit before tax | 7,627.37 | 2,178.61 | 2,084.65 |
| Profit after tax | 5,743.19 | 1,593.09 | 1,568.79 |
| Earnings per share (Basic) | 35.08 | 10.09 | 9.58 |
Operational Highlights
Senco Gold's operational profitability saw a sharp improvement in FY26, with EBITDA rising 164% to ₹9,690 million. The EBITDA margin expanded to 11.5%, driven by gains due to the rise in gold, silver, and platinum prices, as well as improved product mix and diamond sales growth. For Q4 FY26, EBITDA more than doubled to ₹2,744 million, with a margin of 13.74%.
| Metric | Q4 FY26 | Q4 FY25 |
|---|---|---|
| EBITDA | ₹2,744 million | ₹1,270 million |
| EBITDA Margin | 13.74% | 9.22% |
| Net Profit | ₹1,568.79 million | ₹624 million |
| Revenue | ₹19,966.59 million | ₹13,777 million |
The company's showroom network expanded to 201 showrooms, including 12 Sennes showrooms and 2 in Dubai, with 26 new showrooms launched in FY26. CareEdge upgraded the company's credit rating to CARE A+; Stable (Long Term) / CARE A1 (Short Term). Average gold prices surged 79% YoY in FY26, leading to a normalized ~6% YoY reduction in gold volumes, while silver volumes surged ~35% YoY and diamond volumes grew ~9% YoY.
Management Outlook
Management stated that the company achieved the highest ever topline of ₹8,430 crore with 33% YoY growth. The growth was secular across own and franchise channels, with 28% and 34%, respectively. Old Gold Exchange contributed ~50% to total revenue in Q4 and ~44% in FY26. The company plans to launch ~18-20 new showrooms in FY27 and expects ~20% revenue growth while targeting EBITDA margins in the range of 7.5%–7.8%. The stellar performance for FY26 led to an improvement in ROE and RoCE to 25.7% and 22.5%, respectively.
Historical Stock Returns for Senco Gold
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.56% | +1.52% | +6.93% | +9.21% | -6.58% | +67.85% |
How will the company manage the expected contraction in EBITDA margins from 13.74% in Q4 FY26 to the targeted 7.5%–7.8% range in FY27?
What impact will the 6% YoY reduction in gold volumes have on the company's market share if high gold prices persist into the next fiscal year?
How does the company plan to balance the aggressive expansion of 18-20 new showrooms with the goal of maintaining a 20% revenue growth rate?


































