Senco Gold share price hits 5% upper circuit as Q4 revenue rises 23% to ₹1,300 crore

The stock rose 5% to ₹318.25 apiece, its upper circuit mark, on the National Stock Exchange (NSE).

The Kolkata-based jewellery retailer reported a 23% year-on-year (YoY) retail growth despite rising gold prices in the January-March quarter of FY25, due to a robust wedding season.

The company posted its highest-ever fourth-quarter revenue, exceeding ₹1,300 crore. For FY25, the company's full-year topline crossed ₹6,200 crore, reflecting a 19.4% YoY growth in retail sales and a 14.6% same-store sales growth (SSSG).

The revenue from non-East markets exceeded ₹1,100 crore.

"Gold prices have maintained continued upside even during Q4 as well, while overall consumer demand and mood remains upbeat about gold as store of value. Gold prices increased by 11% QoQ and 33% vs Q4 last year. The last 6 months alone have seen price rise of 19%, reaching to lifetime highest of US$ 3150/ Oz," the company said.

In the last quarter of FY25, Senco Gold launched four new showrooms, taking total showroom portfolio to 175 (including 72 franchisee showrooms and 1 showroom in Dubai).

Old gold recycling played a key role in the quarter, making up for 40% of overall sales, with 61% sourced from non-Senco customers, according to an exchange filing.

On Q1 FY26 outlook, the company said, "We are confident of a very strong start to FY26, fuelled by robust demand during Poila Baisakh, Akshaya Tritiya, and the continued momentum in the wedding season—all expected to significantly boost Q1 FY26 sales. The price reduction in last week is likely to propel demand in Q1, supported by increasing consumer purchasing power. We plan to open 5-7 new stores (in line with our plan for 20-22 new stores- own and franchisee both during FY 26) to further strengthen our market presence."