The price of Senco Gold SIT hits 5% upper circuit on strong Q4 business update

Stock Market Today: Share Senso GoldOne of the major PAN-India jewelery retailers, on Wednesday, April 9, the 5% upper circuit was closed on the second consecutive day, which reached a high level of 5-week. After the release of the company’s business update for Q4Fy25 and for the entire financial year, 318.25 Apis.

In the fourth quarter of the last financial year, the company reported a total revenue growth of 19.1% and a retail increase of 23%. For the entire financial year, the revenue increased from year to year by 19.4%. The same-store sales growth (SSSG) Q4 was 18.4% and 14.6% for FY25.

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The company saw a strong demand from Tier 3 and Tier 4 cities, which, despite the steady increase in gold prices, was increasing the increase in metro and Tier 2 cities.

Gold prices remained firm during Q4, while the overall consumer spirit towards gold as a stock of price was excited. Gold prices rose 11% quarterly and 33% year-on-year, with an increase of 19% in the last six months, touches US $ 3,150 an ounce throughout the life.

The procurement of continuous gold by central banks throughout the year increased the demand to contribute to the increase in prices.

Meanwhile, the company continued its expansion in the March quarter, launched four new showrooms under the franchise and Coco model. More than FY25, it added a net of 15 showrooms, including six franchise outlets, which brought the total showroom count to 175, which included 72 franchises and a showroom in Dubai according to the company’s regulatory filing.

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The company stated that with the impact of customs reduction in Q2 and Q3, along with other commercial factors, the margin was affected by 80–90 base points, resulting in a 6.2% adjusted Ebitda margin. However, it has been stated that better performance in Q4, inspired by the sale of strong diamond jewelry, is expected to lead to better business margin.

The company said, “The full impact of customs cuts has already been taken to Q3Fy25, and we do not remove any other factors that affect the gross margin during Q4Fy25,” the company said.

Keeps a healthy approach to fY26

The company is convinced to a very strong start for FY26, which is inspired by strong demand during Poila Baisakh, Akshay Tritia, and continues motion During the wedding season – all expected to increase the sales of Q1 FY26.

The goal of the Senco aims to open a 5-7 new stores (to further strengthen its market appearance, during FY26, both owned and franchise-operating 20-22 in line with their plan to launch 20-22 new stores. It is also planning to expand its customer access through the Shop-in-Shop (SIS) model, which is also planning to expand its customer access through the Shop-in-Shop (SIS) model, which is also planned to expand about the 2026. Will take a total count.

Read , The Senco Gold share is priced at 27% from the bottom of the 52-week. Should you buy?

In addition, 5-7 new Sanes stores are also in the pipeline through their full-owned subsidiary Sane Fashion Limited, which fulfills lifestyle products such as lab-Groe diamonds, leather accessories and perfumes.

Rejuvenation, The views and recommendations given in this article are of individual analysts. They do not represent the ideas of mint. We recommend investors to investigate with certified experts before taking any investment decisions.

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