Senco Gold shares surge 12% after strong Q4 update, FY27 outlook

Shares of Senco Gold Ltd. surged as much as 12% on Monday, April 6, after the company reported a strong business update for Q4 and FY26. The company plans to launch 20-25 stores in financial year 2027, and aims to achieve value growth ranging between 20% to 25% in the next fiscal.

Senco Gold is also targeting Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) to be in the 7.5% to 7.8% range next year.

For the current fiscal, Senco's revenue growth stood at 35% from 21% in the last fiscal. The company's revenue rose 46% YoY in Q4FY26, driven by the wedding season. The Q4 performance also included same-store sales growth of 34%.

Despite elevated gold prices and a volatile environment, Senco said demand remained resilient. The company added that it managed inventory in line with shifting consumer preferences while maintaining margins and profitability.

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CFO and Head of Investor Relations Sanjay Banka said Senco has a strong store expansion pipeline for H1 FY27 and plans to open 20-25 outlets during FY27, with a sharper focus on the franchise route.

The company is targeting at least 20-25% growth while maintaining EBITDA margins in the 7.5%-7.8% range.

Senco has also stepped up its focus on lightweight and everyday jewellery to cater to affordability trends. Its 9k collection, branded "Cloud 9", has seen encouraging customer traction, helping sustain demand even as gold prices remain high.

On the expansion front, the company added seven showrooms in Q4, taking its total network to 201 stores, including 102 company-owned outlets, 85 franchise stores, 12 Sennes stores, and two international outlets in Dubai.