Here's a concise, retail-friendly summary of the investor presentation: **1. Business Performance:** Senco Gold delivered a robust H1 FY26 performance.

Consolidated revenue grew 15.8% YoY to ₹3,362.4 Cr.

Adjusted EBITDA surged 52.3% YoY to ₹290.1 Cr (8.6% margin), with PAT up 79.6% YoY to ₹153.4 Cr (4.6% margin). ASP/ATV rose 15-16%, with Same-Store Sales Growth (SSSG) at 7.5% and diamond demand driving a 12% stud ratio. **2. Growth Drivers or Strategy:** The company is strategically expanding, adding 6 showrooms in Q2 (total 192), with 6-8 more planned for the year.

Growth is driven by inventory optimization, lightweight designs, high-margin products, and franchisee expansion, particularly in Tier 3/4 cities. **3. Recent Developments:** Recent highlights: Record Dhanteras/Diwali sales in Oct 2025 exceeded ₹1,700 Cr (+56% YoY), boosting YTD retail growth to 25% (19% SSSG). The total retail footprint now exceeds 195 showrooms, supported by continuous new design launches. **4. Key Financial Metrics:** Net Debt stands at ₹1,578.4 Cr, with a comfortable Debt-to-Equity ratio of 0.75. Inventory levels increased to ₹4,309.2 Cr, primarily for festive season preparedness. **5. Management Commentary / Outlook:** Management reiterates an 18-20% full-year topline growth outlook.

Priorities are financial discipline, building festive stock, ensuring cash flow for business growth, and enhancing ROE/ROCE by year-end.