Senco Gold Share Price Surges 12% Following Robust Q4 Earnings Report

Senco Gold Sees 12% Share Price Surge Amid Impressive Q4 Results

Senco Gold, a leading jewellery retail chain, has seen its share price surge more than 12% after announcing impressive results for the last quarter of the financial year. The company's revenue increased by 46% year-on-year (YoY), fueled by strong demand during the wedding season despite the fluctuating gold market. The jewellery retail chain also benefited from festive events and special days such as Valentine's Day and Women's Day.

Key Statistics

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

The company's strong sales growth was reflected in its same-store sales growth (SSSG), which reached 34%, indicating robust performance at existing locations and ongoing consumer interest despite high gold prices. Gold prices increased approximately 20% from the previous quarter to reach peak levels, then corrected by nearly 20% in mid-March, ultimately stabilizing with daily variations of 2–5%.

Business Growth

The company continued to grow, opening seven additional showrooms during the quarter, bringing its total retail network to 201 locations. It also noted a change in its product mix, with a heightened emphasis on lightweight and everyday jewellery. For the entire financial year FY26, Senco Gold experienced a 35% year-over-year increase in revenue, a rise compared to the 21% growth seen in FY25.

Future Outlook

Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline

In the upcoming financial year, Senco Gold & Diamonds anticipates that its revenue will exceed ₹8,000 crore for the fiscal year ending in March 2026, marking an approximate 30% increase compared to the previous year. The company also plans to open 20 to 25 stores in FY27, with a sustained emphasis on franchise-led growth.

Brokerage Recommendation

Antique Stock Broking continues to advise a BUY rating with a new target price of ₹528 (down from ₹651), calculated using a 20x price-to-earnings ratio based on FY28 projections. The brokerage noted that the company's strong positioning in East India, strategic focus on lightweight jewelry, and transition from unorganized to organized jewelry retail are key drivers of its growth.

Share Price Movement

Senco Gold's share price today opened at an intraday low of ₹298 apiece on the BSE, touching an intraday high of ₹325.20 per share. According to Anshul Jain, Head of Research at Lakshmishree, Senco Gold has triggered a strong momentum breakout following robust business updates, opening with a decisive gap above its 10 and 20-day EMAs — signaling a clear shift in short-term trend.