Senco Gold re-appoints L.B. Jha & Co. LLP as internal auditor for FY27

Senco Gold Limited has re-appointed M/s L.B. Jha & Co. LLP as its internal auditor for the financial year 2026-27. The decision was approved by the board of directors during a meeting held on May 26, 2026, based on the recommendations of the Audit Committee.

The re-appointment ensures continuity in the company's internal audit processes for the upcoming fiscal year. M/s L.B. Jha & Co. LLP, a firm of Chartered Accountants, holds the registration number 301088E/E300295.

Details of the Appointment

The following table outlines the key particulars of the re-appointment as disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Sl. No.	Particulars	Details
1	Reason for Change	Re-appointment of Internal Auditor
2	Date of appointment & term	The Board of Directors at its meeting held on 26 May 2026 re-appointed M/s. L. B. Jha & Co. LLP to conduct Internal Audit for FY 2026-27.
3	Brief Profile	M/s. L. B. Jha & Co. LLP is a well-established and one of the oldest CA firms in India with offices in Kolkata, Mumbai and Delhi, having a competent team with experience in different fields.
4	Disclosure of relationships	Not Applicable

The disclosure was made to the stock exchanges in compliance with Regulation 30 read with Para A of Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company submitted the required details under Regulation 30(6) and Schedule III of the regulations.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.56%	+1.52%	+6.93%	+9.21%	-6.58%	+67.85%

Senco Gold has announced a structured growth plan for FY27, anchored by the addition of 18–20 new showrooms and a target of over 20% revenue growth. The company's strategy reflects a multi-pronged approach combining physical retail expansion with operational efficiency improvements.

Expansion and Revenue Targets

Senco Gold's FY27 roadmap centers on broadening its retail footprint through new showroom openings. The company aims to open between 18 and 20 new showrooms during the fiscal year, with franchise expansion identified as a key channel for this growth. The revenue growth target of over 20% underscores the company's confidence in sustained consumer demand for jewelry.

The following table outlines the key financial and operational targets set by Senco Gold for FY27:

Parameter:	Target
New Showrooms Planned:	18–20
Revenue Growth Target:	Over 20%
EBITDA Margin Target:	7.5–7.8%
PAT Margin Target:	4–4.5%

Margin Outlook and Profitability Goals

On the profitability front, Senco Gold is targeting EBITDA margins in the range of 7.5–7.8%, reflecting the company's focus on maintaining healthy operating leverage as it scales. The PAT margin is expected to remain steady at 4–4.5%, indicating a disciplined approach to bottom-line management even as the company invests in expansion.

Key Growth Drivers

Several strategic initiatives are expected to underpin Senco Gold's growth trajectory in FY27:

Franchise Expansion: Scaling the franchise network to accelerate showroom additions with lower capital intensity.
Lightweight Jewelry Sales: Increasing the share of lightweight jewelry in the product mix to cater to a broader customer base and improve margins.
Cost Management: Implementing tighter cost controls across operations to protect profitability.
Inventory Management: Enhancing inventory efficiency to reduce working capital requirements and improve turnover.

These initiatives collectively position Senco Gold to pursue revenue growth while maintaining margin discipline through FY27.