Senco Gold Limited has delivered exceptional consolidated results for the quarter and nine months ended 31st December 2025, achieving record-breaking performance despite challenging market conditions. The leading jewellery manufacturer and retailer, with an 88+ year legacy, reported its highest-ever Q3 retail sales of Rs 3,071 crore, marking a substantial 50% year-on-year growth and demonstrating remarkable resilience in a volatile gold price environment.

Financial Performance Highlights

The company's financial metrics showcased extraordinary growth across all key parameters during Q3 FY26. Revenue growth was particularly impressive, with the company achieving 2x quarter-on-quarter growth from Rs 1,536 crore to Rs 3,071 crore.

The company's EBITDA demonstrated exceptional expansion, growing 5x year-on-year to Rs 404.6 crore in Q3, while profit after tax surged 8x to Rs 264 crore. EBITDA margins expanded significantly by 927 basis points to 13.2%, reflecting improved operational efficiency and strategic positioning.

Market Dynamics and Strategic Response

Despite facing unprecedented challenges with average gold prices rising 63% year-on-year and 23% quarter-on-quarter, peaking at a historic high of Rs 1,40,000 per 10gm, the company successfully navigated market volatility through strategic initiatives. The Average Transaction Value rose to Rs 93,000, up 7.8% quarter-on-quarter, while Average Selling Price increased to Rs 60,270, up 6.3% quarter-on-quarter.

The company's design-led approach proved instrumental in maintaining customer engagement, with over 6,000 new gold designs and 3,300 new diamond designs launched during the quarter, averaging approximately 100 new designs daily. This brought the total portfolio to 204,000 gold designs and 113,000 diamond designs.

Business Expansion and Network Growth

Senco Gold's expansion strategy yielded significant results, with the store network growing to 196 showrooms through 4 new franchise openings in Q3 and a net addition of 21 stores in nine months. The company's geographical diversification strategy showed strong momentum, with non-East revenue crossing the Rs 1,100 crore mark, underscoring successful expansion beyond traditional markets.

Festive Season Performance and Customer Engagement

The company achieved record-breaking festive season performance, with Dhanteras month sales reaching Rs 1,716 crore, the highest ever recorded. The strategic focus on lightweight and everyday-wear jewellery across 22KT, 18KT, 14KT, and 9KT categories continued to drive customer engagement and profitability. Old gold contributions remained significant at 43% of total revenue and 36% of procurement, enabling customers to upgrade their jewellery while mitigating rising gold price impacts.

Management Outlook and Future Strategy

Managing Director and CEO Suvankar Sen highlighted the company's strategic pivot towards lightweight jewellery and the success of their 'hyper-local' strategy, which delivered 21% Same Store Sales Growth year-to-date. The company is targeting 25%+ year-on-year topline growth in Q4 FY26 and plans to achieve the milestone of 200 showrooms with 3-4 additional openings planned.

Group CFO Sanjay Banka emphasized the strong working capital management despite increased inventory requirements due to rising gold prices. Inventory value increased 55% year-on-year from Rs 2,963 crore to Rs 4,602 crore, while inventory days remained within industry standards at 166-168 days.

Senco Gold Limited has announced key dates for its quarterly financial disclosure process, with a board meeting scheduled for February 12, 2026, followed by an earnings conference call on February 13, 2026. The company will review Q3FY26 financial performance and consider interim dividend distribution to shareholders.

Board Meeting Agenda

The board meeting will address two primary matters of significant importance to stakeholders:

Earnings Conference Call Details

Following the board meeting, Senco Gold has organized an earnings conference call in compliance with Regulation 30(6) of SEBI regulations. The call will provide stakeholders with detailed insights into the company's quarterly performance:

Regulatory Compliance and Trading Window

In accordance with the company's Internal Code of Conduct and SEBI regulations, Senco Gold has implemented a trading window closure to prevent insider trading:

Corporate Information

Senco Gold Limited operates as one of India's prominent jewelry retailers, recognized as the country's second most trusted jewelry brand in 2024 according to the TRA report. The company maintains its registered and corporate office at Diamond Prestige, 41A, A.J.C. Bose Road, Kolkata. Both notifications were signed by Mukund Chandak, Company Secretary & Compliance Officer, ensuring proper regulatory compliance and stakeholder communication.