Senco Gold Limited · NSE:SENCO
Senco Gold — Q1 FY27 Earnings Presentation
50 slides from Senco Gold's earnings presentation, Aug 12, 2026
Slide 1: Exchange cover letter for Q1 FY27 investor presentation
Ref: SEC/SE/40/2026-27 Date: 12th August 2026 The Manager- Listing The Manager – Listing The National Stock Exchange of India Limited BSE Limited “Exchange Plaza”, Bandra – Kurla Complex, Bandra Corporate Relationship Department (EAST), Mumbai – 400051 Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai
Slide 2: Investor Presentation Q1 FY27 Results
INVESTOR PRESENTATION Q1 FY27 Results 12th August, 2026 All figures are in INR Mn unless otherwise stated BSE – 543936 NSE - SENCO Bloomberg – SENCO:IN
Slide 3: Disclaimer
Disclaimer This presentation has been prepared for general information purposes in respect of Senco Gold Limited (“Company”) together with its subsidiaries, as applicable (together, with the Company, the “Group”) only, without regard to any specific objectives, suitability, financial situations and
Slide 4: Index
INDEX 1 Business Highlights (4) Q1FY27 Performance (6-14) 2 Company (15-20) 3 Business (21-27) 4 Marketing and Distribution (28-32) 5 6 Strategy (33-39) 7 Industry (40-43) 8 ESG, CSR & Capital Markets (44-47)
Slide 5: Business Highlights
Business Highlights 87+ A+ (Stable) 165+ 3,324+ Years of legacy ICRA Ratings Master Karigars Team Strength 18 133 Towns & Cities 209 Showrooms (including 89 Franchisee, 13 Sennes and 2 UAE) 300k+ Designs States & UTs 2 in Dubai Rs 82,600 3.24 Mn+ 66% Rs 1,24,200 Average Sales Price Loyal Customers F
Slide 6: Q1 FY27 Performance
Q1 FY27 Performance
Slide 7: Management Remarks
Management Remarks “We are pleased to begin FY27 with a strong Q1 performance, building on the momentum achieved in FY26. Consolidated revenue from operations increased 67% YoY reflecting the continued trust of our customers in Brand Senco and broad-based demand during Festive season and summer wedd
Slide 8: Q1 FY27 Consolidated Operational Highlights
Q1 FY27 Consolidated Operational Highlights ❖ Gold Price: Gold prices remained elevated YoY while falling QoQ due to geopolitical situations. Indian gold prices are post-custom duty increase impact of 9%. The benefit of the custom duty rise is likely to accrue over Q3, net of the impact of price fal
Slide 9: Profit & Loss Statement (Standalone)
Profit & Loss Statement (Standalone) Sl. Particulars (INR Mn) Q1 FY27 Q1 FY26 YoY (%) Q4 FY26 QoQ FY26 FY25* FY24 FY23 1 Revenue from Operations 30,066.6 18,245.7 65% 19,629.4 53% 83,741.3 62,586.8 52,296.6 40,755.6 2 Cost of Goods Sold 25,149.4 14,772.8 70% 15,211.2 65% 67,186.2 54,036.7 44,259.8 3
Slide 10: Profit & Loss Statement (Consolidated)
Profit & Loss Statement (Consolidated) Sl. Particulars (INR Mn) Q1 FY27 Q1 FY26 YoY (%) Q4 FY26 QoQ FY26 FY25* FY24 FY23 1 Revenue from Operations 30,560.3 18,262.8 67% 19,966.6 53% 84,300.3 63,280.7 52,414.4 40,774.0 2 Cost of Goods Sold 25,627.1 14,773.8 73% 15,499.0 65% 67,620.6 54,765.5 44,400.5
Slide 11: Consolidated Balance Sheet
Consolidated Balance Sheet Sl. Particulars (INR Mn) As at As at As at Particulars (INR Mn) As at As at As at Mar-26 Mar-25 Mar-24 Mar-26 Mar-25 Mar-24 EQUITY AND LIABILITIES ASSETS Audited Audited Audited Audited Audited Audited 1 Equity & Non Current Liabilities Non Current Assets 2 Total Equity 25
Slide 12: Quarterly Performance Trend- Consolidated
Quarterly Performance Trend- Consolidated Total Income and Avg Gold Price Trend 31,011 30,713 YoY 66% 20,587 20,100 18,449 16,611 15,154 15,539 15,280 YoY ~61% 14,162 13,924 13,545 14,692 13,148 11,576 11,501 11,650 9,020 9,608 7,208 7,232 7,807 6,016 5,924 6,113 6,362 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
Slide 13: Key Operational Metrics (Standalone)
Key Operational Metrics (Standalone) Showroom Presence In India Revenue Growth – Total & SSSG Stud Ratio COCO Showrooms (105), FOFO (78), FOCO (11) and Sennes(13) 5yrs CAGR ~26% 199 207 67% 174 13 11.4% 12 11.0% 136 159 4 10.9% 11.0% 85 89 72 39% 66 33% 61 29% 10% 21% 24% 19% 15% 15% 93 102 102 105
Slide 14: Business Performance - Consolidated
Business Performance - Consolidated Revenue from Operations CAGR 26% EBITDA & EBITDA Margin (%) PAT & PAT Margin (%) 5,743 21% 33% YoY 29% 96,600 9,690 6.8% 84,300 11.5% 7.8% 63,281 7.2% 6.7% 7.00% 3.9% 3.5% 52,414 3.2% 3.30% 40,774 4,251 1,810 2,018 3,755 1,585 3,166 1011 Q1 2,131 FY27- 3056 FY23 F
Slide 15: Key Financial Metrics - Consolidated
Key Financial Metrics - Consolidated ROCE & ROE Cash Conversion Cycle-CCC Capital Employed & Net worth 170 48,596 25.6% 158 37,393 136 139 19.4% 22.5% 118 28,639 18.2% 19.0% 25,137 15.7% 21,248 16.3% 19,703 14.3% 15,889 10.7% 13,655 9.6% 7,260 9,455 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26
Slide 16: Company
Company
Slide 17: Company Overview
Company Overview Senco Gold Limited is one of India's leading jewellery retailers, backed by over eight decades of Consolidated Revenue (INR Mn) & EBITDA Margins (%) trusted family legacy. 84,300 63,281 Comprehensive product portfolio across gold, diamond, silver, platinum, and gemstone jewellery fo
Slide 18: Eight Decades of Heritage, Innovation & Growth
Eight Decades of Heritage, Innovation & Growth Franchisee Model And Largest Showroom QIP and Share Split 2000 - Opened first franchisee showroom in Durgapur, 2025 West Bengal. Incorporated Sennes into a wholly owned subsidiary 2004 - Largest showroom with an area of 8,000 sq. ft. Introduced Everlite
Slide 19: Legacy-Driven Founding Family
Legacy-Driven Founding Family Shri Maran Chand Sen Shri Prabhat Chandra Sen Born to a school principal, Shri Maran Chand Sen began his Shri Prabhat Chandra Sen, son of Shri Maran Chand Sen, jewellery business in Tanti bazar, Dhaka, in 1938. Following embarked on his entrepreneurial journey in 1968 a
Slide 20: Board of Directors
Board of Directors JOITA SEN RANJANA SEN SUVANKAR SEN Whole Time Director & Executive Chairperson Managing Director and CEO Head Marketing & Design • 20+ years of experience in the jewellery • Experience of 16+ years in jewellery Over 30 years of experience in the jewellery industry industry and ass
Slide 21: Celebrating Milestones of Trust and Credibility
Celebrating Milestones of Trust and Credibility The Rising Star, 40 Ratnagarbha Award Under 40 Award by for Exemplary Best Hedger Award Business Excellence IIJS Premiere 2023 Motherhood by by MCX Awards Awards and Gem & Bengal Chamber of 2024 Jewellery Export Commerce Promotion Council & Industry in
Slide 22: Business
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Slide 23: Expanding Pan-India Retail Footprint
Expanding Pan-India Retail Footprint Region Own Franchisee Total West Bengal incl Kolkata 47 62 109 North including Delhi NCR 22 3 25 East(Excluding WB) 15 17 32 North East 2 4 6 West 9 1 10 South 5 0 5 Chandigarh - 2 Dehradun - 1 Central 5 2 7 Gurgaon - 2 Ghaziabad - 1 International-Dubai 2 0 2 Del
Slide 24: Customer Centric Showrooms
Customer Centric Showrooms Classic Everlite • Target Audience: Buyers seeking • Target Audience: Younger generation timeless elegance & millennials • Average Ticket Value (ATV): • Average Ticket Value (ATV): ~INR 1,23,000 • ~INR 57,000 • Presence: 160 showrooms – the • Presence: 5 showrooms offering
Slide 25: Diverse Brands From Aspirational to Premium
Diverse Brands From Aspirational to Premium Senco Everlite Gossip Aham Perfect Love Sennes Price Range INR 20,500– INR INR 4,000 – INR INR 800 – INR 20,000 INR 15,000 – INR INR 20,000 – INR LGD – INR 5,000 onwards 50,00,000 11,41,000 45,00,000 5,30,000 Fragrance – INR 800 to INR 2,900 Bags – INR 2,5
Slide 26: Attractive Jewellery Purchase Plans
Attractive Jewellery Purchase Plans Encourages disciplined jewellery Strengthens customer stickiness savings, ensuring predictable through long-term engagement and demand flow. repeat purchases. Provides steady cash inflows, supporting We also offer Marigold Scheme under working capital and business
Slide 27: Digital Platforms for GenZ and Convenience
Digital Platforms for GenZ and Convenience MY DIGI GOLD MY DIGI SILVER Digital-first investment platforms by Senco, designed to make precious metals accessible, affordable starting with Rs 800 for Gold and Rs 890 for Silver. My Digi Gold: Enables customers to buy, sell, and accumulate gold in small
Slide 28: Sennes: Redefining Modern Luxury
Sennes: Redefining Modern Luxury Products Lab-grown Diamond jewelleries Leather Bags & Accessories Fine Fragrances for Him & Her Range of products Fashionable leather Accessories Leather Bags Fragrance LGD INR 999 to INR 10,199 INR 8,000 to INR 29,800 INR 990 to INR 2,990 Starting from INR 5,000 Pre
Slide 29: Marketing & Distribution
Marketing & Distribution
Slide 30: Building Momentum Through Purposeful Promotions
Building Momentum Through Purposeful Promotions 29
Slide 31: Key Campaigns & Collection Highlights
Key Campaigns & Collection Highlights Bangle Utsav Senco Old Gold Exchange Retro Collection Launch Art Deco Collection Launch Halke Fulke Moments Every woman has a unique Senco Old Gold Exchange The Retro Collection by The Art Deco Collection Halke Fulke Moments story of dreams, choices, allows cust
Slide 32: Accelerating Growth Through Digital Channels
Accelerating Growth Through Digital Channels 164% YoY growth in digital sales (including Quick Commerce Sales) (as on Q1-FY27) 3.09 Mn+ website visits (Senco) ~18,000 orders fulfilled through E-commerce channels (including Quick Commerce orders) (as on Q1-FY27) Also available on Expanding our digita
Slide 33: Driving Pan India Brand Loyalty
Driving Pan India Brand Loyalty Endorsed by Our Ambassadors National Ambassadors Regional Ambassadors Marketing expense & % of Revenue 1,581 1.99% 1.97% 1.88% 1.68% 1,034 1,066 810 1.1% Kiara Advani Vidya Balan Swastika Dutta Sauraseni Mitra 347.3 FY23 FY24 FY25 FY26 Q1-FY27 Ishaa Saha Sourav Gangul
Slide 34: Strategy
Strategy
Slide 35: Vision 2030
Vision 2030 OUR VISION FOR FY30 Strategy to achieve long term goals FY26 ACTUAL → FY30 ASPIRATION 1 Franchise-led, asset-light expansion Stores 201 showrooms → 300+ FOFO/FOCO already 42% of showrooms (85 of 201) at near-zero capex to Senco — the primary engine scaling Tier III/IV and Bharat reach to
Slide 36: Strategies to Drive Future Growth
Strategies to Drive Future Growth Passionately driving sustainable and profitable growth ▪ Sustain, strengthen and leverage the franchisee model to drive growth in Tier 3 1 and Tier 4 towns across India ▪ Enhance asset utilization and drive revenue CAGR through strong Same Store Sales Growth (SSSG)
Slide 37: Digital Focus and Integrated Systems
Digital Focus and Integrated Systems AI-Driven Martech 08 01 ERP driven organization 3600 CRM platform 07 02 ISO Certification Data Driven Decision Making 06 03 Modern Digital Platforms Centralized Network AI-Driven Customer 05 04 Management System Service Financials Company Business Marketing & Dis
Slide 38: Omni-Channel Retail Network: Phygital Strategy
Omni-Channel Retail Network: Phygital Strategy 209 Showrooms OMNI CHANNEL HYPERLOCAL Over ~91% of Own showrooms are leased Ai based Fulfillment Hub & Spoke Recommendation Order Processing ‘MySenco’ Model and Campaign app with almost Management 1,22,200 Lakhs + App Upto June 2026 Websites & Apps senc
Slide 39: Successful "Asset-Light" Franchise Model
Successful “Asset-Light” Franchise Model Strategic Advantage of Dual Franchise Formats (FOFO & FOCO) ▪ Leverage the hub-and-spoke model to strategically expand into Tier-III and Tier-IV cities under the broader Bharat Strategy. ▪ Provide end-to-end support to start operations, including store design
Slide 40: Gold Price Risk Management & Hedging
Gold Price Risk Management & Hedging Hedging Mechanism Sales Hedging (Daily/Weekly) Inventory Hedging (90%-110%) (~50% of gold inventory value as per board policy) Unfixed Gold Metal Loan(GML) MCX Futures & Options Old Gold Trading Jewellery GML Rate booking (~10% to ~40% of Gold Inventory) (~10% to
Slide 41: Industry
Industry
Slide 42: India's Gems and Jewellery Market likely to Scale to TAM of $162 Billion
India’s Gems and Jewellery Market likely to Scale to TAM of $ 162 Billion India’s Gem and Jewellery Sector (USD Bn) Rising Share of Organized Retail In Jewellery To Continue 162 115 50% 106 68% 60% 40% 50% 32% FY25 FY26 FY30E 2020 2025 2029E Organised Unorganised Bridal jewellery constitutes large s
Slide 43: India's Gems and Jewellery Market: Rural Bharat Leads Demand
India’s Gems and Jewellery Market: Rural Bharat Leads Demand Breakup of Indian Jewellery Market into Gold, Breakup of Gold Consumption by Jewellery Studded and Other and Bars & Coins India is the 2 largest gold market in the world nd 4% 4% 12% 13% 61% 62% 39% 38% 3 Highest component of retail consum
Slide 44: Consistent Shift from Unorganized to Organized Jewellers
Consistent Shift from Unorganized to Organized Jewellers Changing Consumer Trends Regulatory Developments Demonetization: Evolution of Consumer Preferences: Transparency Enhanced Through Cashless Transactions GST: Market Transparency, Product Purity, and quality Implemented Tax Compliance Measures b
Slide 45: ESG, CSR & Capital Markets
ESG, CSR & Capital Markets
Slide 46: Beyond the Shine: Senco's ESG Value System
Beyond the Shine: Senco’s ESG Value System Environment Social Governance Sustainable Sourcing & Inclusive Growth Commitment Diversity, Equity & Inclusion (DEI) Ethical Business Conduct to sourcing ethically and environmentally responsible Promote a diverse, equitable and inclusive Maintain strict bu
Slide 47: Investing in people, prosperity and planet
Investing in people, prosperity and planet CORPORATE SOCIAL RESPONSIBILITY | FY IMPACT SNAPSHOT Ten community programmes across West Bengal, Jharkhand and beyond, built to create durable livelihoods, not one-off charity. EDUCATION Mangrove restoration, Sundarbans Skilling centre, Baguiati Digital re
Slide 48: Shareholding Pattern as on 30th June 2026
Shareholding Pattern as on 30th June 2026 Sl No. Category Holding % 1 Promoters 64.50% 2 Foreign Institutional Investors 6.87% 3 Mutual Funds 6.47% 4 Qualified Institutional Buyer 5.10% 5 Alternative Investment Funds 0.81% 6 Public Shareholders 16.25% Sl No Top shareholders as on 30th June 2026 Hold
Slide 49: Definition and Abbreviation
Definition and Abbreviation Sl No Short Form Long Form Details 1. ROE Return on Equity PAT/Avg Net worth 2. ROCE Return on Capital Employed EBIT (PBT- Finance Cost)/Avg Capital Employed (Avg Net wroth + Avg Borrowing incl. GML) 3. Net Debt Net Debt Total Borrowings (incl. GML) less Cash/Bank/FD/Marg
Slide 50: Thank You
THANK YOU Valorem Advisors CIN: L36911WB1994PLC064637 For further information, please contact Tel: +91-22-35075100 Telephone: +91 33 4021 5000 Sanjay Banka Email: senco@valoremadvisors.com Investor Kit Link: Email: IR@sencogold.co.in Group CFO & Head IR https://www.valoremadvisors.com/senco Website: