Senco Gold Limited · NSE:SENCO
Senco Gold — Q1 FY26 Earnings Presentation
53 slides from Senco Gold's earnings presentation, Aug 13, 2025
Slide 1: Exchange filing cover letter
Ref: SEC/SE/44/2025-26 Date: 13th August, 2025 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, Mumba
Slide 2: Senco Gold Limited Q1 FY26 Results
India’s 2nd Most Trusted & Jewellery Brand* Senco Gold Limited Investor Presentation Q1 FY26 Results 13th August 2025 All figures are in INR Mn unless otherwise stated. BSE – 543936 NSE - SENCO Bloomberg – SENCO:IN *5th year in a row MSCI India Domestic Small Cap Index Constituent 1 (Since August 20
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 01 Quarterly Performance (4-9) 02 Company Overview (10-19) 03 Business Overview (20-31) 04 Marketing & Distribution (32-36) 05 Industry Overview (37-40) 06 Strategic Overview (41-42) 07 ESG & CSR (43-46) 08 Financial Overview (47-51) 3 3
Slide 5: Quarterly Performance
01 Quarterly Performance 4
Slide 6: Management Comment on Q1-FY26 performance
Management Comment on Q1-FY26 performance I am pleased to announce that we have started the fiscal year 2026 on an exceptionally strong footing. The quarter was also marked by continued geopolitical tensions, tariff war as well as huge rise in gold price by 32% YoY and 5% QoQ, consumer demand remain
Slide 7: Quarterly Performance Trend (Consolidated)
6 Quarterly Performance Trend (Consolidated) Total Income and Growth Total Income Avg GoldRate/Gms 20,587 18,449 16,611 15,154 13,493 13,148 14,162 13,924 10,123 11,576 11,501 7,807 9,201 8,213 9,608 5,235 5,924 6,113 7,232 9,020 5,716 6,016 6,362 7,208 5,244 5,244 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q
Slide 8: Profit & Loss Statement (Standalone)
Profit & Loss Statement (Standalone) Sl.No Particulars (INR Mn) Q1 FY26 Q1 FY25 YoY (%) Q4 FY25 QoQ (%) FY25 FY24 FY23 FY22 1 Revenue from Operations 18,245.7 14,149.6 28.9% 13,619.5 34.0% 62,586.8 52,296.6 40,755.6 35,346.4 2 Cost of Goods Sold 14,772.8 11,723.8 26.0% 11,286.3 30.9% 54,036.7 44,259
Slide 9: Profit & Loss Statement (Consolidated)
Profit & Loss Statement (Consolidated) Sl.No Particulars (INR Mn) Q1 FY26 Q1 FY25 YoY (%) Q4 FY25 QoQ (%) FY25 FY24 FY23 FY22 1 Revenue from Operations 18,262.8 14,038.9 30.1% 13,777.1 32.6% 63,280.7 52,414.4 40,774.0 35,346.4 2 Cost of Goods Sold 14,773.8 11,610.9 27.2% 11,464.6 28.9% 54,765.5 44,4
Slide 10: Balance Sheet (Consolidated)
Balance Sheet (Consolidated) Sl. No. Particulars (INR Mn) As at As at As at Particulars (INR Mn) As at As at As at Jun-25 Mar-25 Mar-24 Jun-25 Mar-25 Mar-24 EQUITY AND LIABILITIES ASSETS Unaudited Audited Audited Unaudited Audited Audited 1 Equity & Non Current Liabilities Non Current Assets 2 Total
Slide 11: Company Overview
02 Company Overview 10
Slide 12: Value Systems
Guiding Pillars That Define Senco Gold & Diamonds Trust and Transparency Vision India’s most trusted jewellery brand and a Best Business Practices and leading accessory & lifestyle partner Processes Mission • Delight our valuable customers and fulfil their Purity and Quality Value lifestyle needs an
Slide 13: Snapshot
Snapshot 85+ 186 76 121 3,010+ Franchisee Towns & Cities and Years of Showrooms Team Strength Showrooms 1 in Dubai Legacy Pan India 21% 19.6% Presence 39% 11.6% 3 Mn+ 5 yrs FY26 Old Gold Exchange FY26 Loyal Revenue CAGR SSSG growth (% of Sales) Stud ratio Customers (36% of Procurement) 12 12
Slide 14: Where Heritage Meets Vision: A Four-Generation Story
Where Heritage Meets Vision: A Four-Generation Story Shri Maran Chand Sen Shri Prabhat Chandra Sen Shri Shaankar Sen Shri Suvankar Sen (Founder Chairman) (MD & CEO) Born to a school principal, Shri Shri Prabhat Chandra Sen, son of Son of Shri Prabhat Chandra Sen, Son of Shri Shaankar Sen, he Maran C
Slide 15: Strategic Board Leadership
Strategic Board Leadership BHASKAR SEN Independent Director RANJANA SEN ▪ Finance and Banking professional with over 4 decades of experience Chairperson and Whole Time Director ▪ Previously associated with United Bank of India as the Chairman and ▪ Over 30 years of experience in the jewellery indust
Slide 16: Eight Decades of Heritage, Innovation & Growth
Eight Decades of Heritage, Innovation & Growth QIP and Share Split Introduced Everlite Expanding In New 2025 Incorporation of wholly on 2016 Entered southern subsidiary namely Geography Sennes on 7th Sept 24 region by opening Expanded footprint Launched a Lab Grown The Humble Beginning showroom in b
Slide 17: Crafted from Heritage, Driven by Sharp Vision
Crafted from Heritage, Driven by Sharp Vision Legacy of Excellence Bouquet of Brands Run by 4th generation professional entrepreneur, with over eight Powerful brands like Everlite, Gossip, Aham, Sennes etc. decades ~47x growth in revenue from INR 134 Cr (FY08) to INR targeting across all age groups
Slide 18: Robust Governance for Seamless Collaboration and Growth
Robust Governance for Seamless Collaboration and Growth Customer Manufacturing Strong technology focus to maintain greater control over business operations Sourcing & Sales & Marketing ▪ Integrated Systems Procurement ▪ Data Analysis & Forecasting Planning & ▪ Institutionalized Process Finance and H
Slide 19: Leading the East, Growing Across India
Leading the East, Growing Across India Company 109 showrooms 186 Showrooms (Including 7 Sennes stores and 1 international 186 76 Franchisee showrooms* store) Large Addition Q1 FY26: 10 showrooms Distribution Showrooms International Network 1 company showroom 5.48 lacs sq. ft. Aggregate Retail Space1
Slide 20: Driven by Innovation, Recognized for Passion
Driven by Innovation, Recognized for Passion 2nd most trusted brand Best Hedger Award Great Place To Work Visionary Woman YFLO Trendsetter for Best Jewellery Retailer IWMBuzz Digital award by TRA Research in by MCX Awards 2025 Certificate 2025 Entrepreneur in Gold & Fashion/Jewellery of the Year by
Slide 21: Business Overview
03 Business Overview 20
Slide 22: Segment-Specific Showrooms to Enhance Customer Experience
Segment-Specific Showrooms to Enhance Customer Experience Classic Modern D’Signia Everlite House of Senco Sennes Comprehensive For Buyers For Lovers of Younger Multi Brand for Style-Savvy For the New Target Audience Seeking Timeless Exclusive Generation & Esteemed Consumers Age India Elegance Design
Slide 23: Jewellery For Every Style, Every Generation
Jewellery For Every Style, Every Generation Nationwide Presence Through Established Brands Artistry and Innovation in Every Collection (highlighted key brands) Lightweight, Everyday fine Silver and Fashion Jewellery Jewellery Men’s Jewellery Solitaire Diamonds My DigiGold My DigiSilver Leather Bags,
Slide 24: Rich Craftsmanship with Global Design Trends
Rich Craftsmanship with Global Design Trends 75% of portfolio is manufactured by our expert karigars Attractive designs with Hyper local Focus Exclusivity of in-house designs Our presence in Eastern India gives us Stringent quality control measures to strategic locational advantages with access to e
Slide 25: Promotional Campaigns: Moments That Make an Impact
Promotional Campaigns: Moments That Make an Impact 24 24
Slide 26: Everlite: Fine Jewellery for Modern Women
Everlite: Fine Jewellery for Modern Women Everlite offers a range of fine jewellery collections from statement designs to minimalistic pieces. Everlite is all about effortless elegance in everyday jewellery. In Q1 FY26, two new collections were launched in Everlite —Infinity, celebrating a mother’s
Slide 27: Gossip: A World of Trendy Style in Silver & Fashion Jewellery
Gossip: A World of Trendy Style in Silver & Fashion Jewellery Gossip Silver and Fashion Jewellery offers a wide array of stylish jewellery, including trendy fashion pieces, American diamond and zircon jewellery, fine silver, antique and polki costume jewellery and oxidized silver designs. In Q1 FY26
Slide 28: Light Weight Jewellery Driving Demand
Light Weight Jewellery Driving Demand Stylish, lightweight jewellery crafted for everyday elegance, beginning at INR 2,000 Active 1,82,600+ designs 1,04,200+ designs Launched 11,400 designs in Catalogue for gold jewellery for diamond jewellery Q1 FY26 Our strategy and experience in selling light wei
Slide 29: Aham – Elegant Jewellery for the Modern Man
Aham – Elegant Jewellery for the Modern Man Aham offers a range of men’s jewellery across categories. In Q1 FY26, we introduced new designs in the Regalia collection, embodying subtle masculine luxury. 28 28
Slide 30: myDigiGold: A Smarter Way to Buy Gold Digitally
myDigiGold: A Smarter Way to Buy Gold Digitally myDigigold is a trusted digital platform for seamless gold transactions. It offers 24K (99.5% purity) gold sourced from reputed bullion dealers, stored securely with full insurance. DigiGold can be conveniently redeemed online or at 185+ Senco stores a
Slide 31: myDigiSilver: Invest in Silver with Just a Click
myDigiSilver: Invest in Silver with Just a Click myDigisilver is a digital silver transaction platform offering 99.9% pure silver sourced from reputed bullion dealers. It provides secure storage with full insurance and allows redemption at over 185+ Senco stores across India. myDigisilver also intro
Slide 32: Sennes: Where Artistry Meets Elegance
Sennes: Where Artistry Meets Elegance Products • Lab-grown Diamond jewelleries • Leather Bags & Accessories • Fine Fragrances for Him & Her Range of products Presence • Fashionable leather • 7 Exclusive Brand Outlets. Accessories: INR 650 to INR • 3 Multi Brand Outlets in Delhi, 7,500 Dehradun & Cha
Slide 33: Marketing & Distribution
04 Marketing & Distribution 32
Slide 34: Driving Pan India Brand Loyalty
Driving Pan India Brand Loyalty Madhumita Swastika Sauraseni Sarcar Dutta Mitra Regional Brand Kiara Advani Vidya Balan Ambassadors in Marketing & Eastern India Promotional Exp. Market Q1FY26 Rs. 426.3 Mn Last 3yrs avg spend below 2.0% of Revenue Sourav Ganguly Kartik Aryan Ishaa Saha 33 33
Slide 35: Omni-Channel Retail Network: Bridging Digital and Physical Retail
Omni-Channel Retail Network: Bridging Digital and Physical Retail Phygital Model OMNI CHANNEL HYPERLOCAL Hub & 186 Showrooms Spoke Ai based 1 Over ~90% of Own showrooms are leased Fulfillment Model Recommendation Order Processing and Campaign Management App ‘MySenco’ app with almost 2 5 Lakhs + Upto
Slide 36: Scalable Success with Asset-Light Franchise Strategy
Scalable Success with Asset-Light Franchise Strategy Leveraging a scalable ‘Franchisee-Owned, Franchisee-Operated’ (FOFO) approach to expand reach efficiently # of Showrooms Strategic Advantage of Dual Franchise Formats (FOFO & FOCO) Senco has launched (net) 75 showrooms since FY21 ▪ Leverage the hu
Slide 37: Digital Focus and Integrated Systems
Digital Focus and Integrated Systems Driving growth through a strong digital focus and integrated systems, powered by An ERP-driven organization with AI-driven campaign management, Martech fully integrated business operations, automation, NLP-based search and providing real-time control and 08 01 vi
Slide 38: Industry Overview
05 Industry Overview 37
Slide 39: India's Gems and Jewellery Market – TAM of US$ 90 billion
India’s Gems and Jewellery Market – TAM* of US$ 90 billion India’s Gem and Jewellery Sector Rising Share of Organized Retail In Jewellery To Continue (USD Bn) 150 60% 50% 68% 95% 94% 50% 90 32% 40% 5% 6% 70 2000 2007 2020 2025 2029E 48 Organised Unorganised Daily wear light weight jewellery and fash
Slide 40: 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 Breakup of Gold Consumption by Jewellery India is the 3rd Gold, Studded and Other and Bars & Coins 2nd Highest 3% 4% 66% 62% largest gold component 4% 12% 12% 13% market in the of retail world consum
Slide 41: Consistent Shift from Unorganized to Organized Jewellers
Consistent Shift from Unorganized to Organized Jewellers Changing Consumer Trends Evolution of Consumer Preferences: BIS Hallmarking Market Transparency, Product Purity, and quality More Quality Consciousness benchmark Brand Awareness: Growing momentum driven by marketing strategies of organized ret
Slide 42: Strategic Overview
06 Strategic Overview 41
Slide 43: 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 and Tier 1 across India 4 towns ▪ Enhance asset utilization and drive revenue CAGR through strong Same Store Sales Growth (SSSG)
Slide 44: ESG & CSR
07 ESG & CSR 43
Slide 45: Beyond the Shine: Senco's ESG Value System
Beyond the Shine: Senco’s ESG Value System ENVIRONMENT Resource Efficiency & Waste Reduction Sustainable Sourcing of Materials Carbon Footprint Management Minimize the environmental footprint by improving Commit to sourcing precious metals, Measure, reduce, and offset greenhouse gas energy efficienc
Slide 46: Environmental, Social and Governance Initiatives
Environmental, Social and Governance Initiatives Environmental Social Governance Emphasizes sustainably sourced materials, Provided educational programs and A dedicated Board-level ESG Committee and including ~33% recycled gold, and partners nutritional support for underprivileged cross-functional E
Slide 47: Corporate Social Responsibility (CSR)
Corporate Social Responsibility (CSR) Mangrove plantation site Hingalgunj Power Breakfast at Alinan Village Inauguration of Library cum Digital Uma Nivas, Anandanagar Development MangoveSundarban plantation site (WB) Hingalgunj Power Breakfast at Alinan Village Inauguration of Library Resource Centr
Slide 48: Financial Overview
08 Financial Overview 47
Slide 49: Key Operational Metrics (Standalone)
Key Operational Metrics (Standalone) Showroom Presence Pan India Revenue Growth - Total & SSSG* Stud Ratio 185 5 yr Avg Company Franchisee 174 Growth SSSG 159 33% CAGR ~21% 11.4% 11.6% 30% 10.9% 136 29% 10.0% 127 76 27% 72 8.0% 66 21% 19% 20% 57 61 15% 15% 10% 93 102 109 70 75 FY22 FY23 FY24 FY25 Q1
Slide 50: Key Financial Metrics
Key Financial Metrics [Standalone] Gold Sourcing Gold Metal Loan as a % of total borrowings Blended Borrowing Cost (p.a.) GML/Bank Old Jewellery Exchange GML WCL Others 0.2% 0.1% 0.1% GML WCL Blended 0.1% 0.1% 9.4% 9.6% 9.6% Trading (Readymade) Bullion dealers 9.3% 9.2% 1% 2% 3% 33% 0% 39% Others 17
Slide 51: Successful Track Record
Successful Track Record Revenue from Operations Operational Margins Profit After Tax 1,810 63,281 Adjusted EBITDA (%) Adjusted PAT (%) 1,585 1,593 52,414 1,291 40,774 8.2% 7.8% 1,047 35,346 7.2% 6.7% 18,263 5.7% 3.7% 3.9% 3.5% 3.2% FY 22 FY 23 FY 24 FY 25 Q1 FY26 FY 22 FY 23 FY 24 FY 25 Q1 FY26 FY 2
Slide 52: Shareholding Pattern
Shareholding Pattern 1 Year Share Price Movement Top Shareholders as on 30th June 25 Holding % MCAP as on 07th Oct 2024 Bandhan Mutual Fund 1.64% 800 INR 60,001 Mn 90000 Franklin Templeton Mutual Fund 1.59% 700 600 564 85000 TATA AIA Life Insurance Mutual Fund 1.50% 500 80000 Bank of India Mutual Fu
Slide 53: Thank You
THANK YOU Anuj Sonpal CIN: L36911WB1994PLC064637 Valorem Advisors For further information, please contact Telephone: +91 33 4021 5000 Tel: +91-22-4903 9500 Sanjay Banka Email: IR@sencogold.co.in Email: senco@valoremadvisors.com Group CFO & Head IR Website: Investor Kit Link: sanjay.banka@sencogold.c