Senco Gold started FY27 with a strong Q1, reporting consolidated revenue of **₹3,056 Cr**, up 67% YoY.
Retail sales surged 50% YoY to **₹2,651.5 Cr**, with Same-Store-Sales Growth (SSSG) robust at 39%. Consolidated EBITDA grew 16% YoY to **₹213.1 Cr** (7.0% margin), though PAT saw a 3% YoY decline to **₹101.1 Cr** (3.3% margin), partly due to subsidiary losses.
Diamond jewellery sales value increased 43% YoY, despite average gold prices rising ~61% YoY.
The company added a net 8 showrooms, reaching 209, and plans 12-15 more this fiscal, prioritizing franchise-led expansion in Tier-2/3 cities.
Strategic focus remains on lightweight, design-led jewellery, reflected in new offerings like the Aham Ti22 titanium collection for men and continued growth in diamond sales.
Management aims for 20%+ value growth in FY27, targeting 7.5-7.8% EBITDA and 4.0-4.5% PAT margins, emphasizing inventory optimization, store productivity, and profitable expansion across India.
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