Senco Gold, one of India’s leading jewelry retailers, saw its stock price hit the 5% upper circuit limit today, following a stellar performance in the fourth quarter of the financial year 2024-2025. The company reported its highest-ever revenue for Q4, with a notable increase in sales driven by wedding and festive demand.
Strong Q4 Performance
For Q4 FY25, Senco Gold reported revenues of ₹1,300 crore, marking a 19.1% year-on-year (YoY) growth. The company also posted an impressive 19.4% YoY revenue increase for the full fiscal year, reaching over ₹6,200 crore. This surge in business was largely driven by increased customer footfall and a 6% boost in the number of invoices during the quarter.
Expansion and Regional Growth
Senco Gold’s expansion plans are paying off. The company opened 15 new showrooms in FY25, including six franchisee outlets. This brings the total number of showrooms to 175, with a significant presence in Tier 3 and Tier 4 cities. Senco Gold’s expanding footprint in these markets helped boost its revenue, as smaller towns and cities outperformed metro areas and Tier 2 cities.
Rising Demand for Diamond Jewelry
One of the highlights of the quarter was the surge in demand for diamond jewelry. Senco Gold saw a remarkable 39% YoY growth in diamond sales during Q4, contributing significantly to the overall increase in revenues. Additionally, the company reported a slight improvement in the proportion of studded jewelry sold, which rose to 10.9% from 10.5% in the previous year.
Optimistic Analyst Outlook
Analysts are optimistic about Senco Gold’s future prospects. Brokerage firm Antique Stock Broking has projected a strong 27% compound annual growth rate (CAGR) in profit after tax (PAT) from FY25 to FY27. The firm’s bullish outlook is based on Senco’s dominant position in East India and its focus on lightweight jewelry, which appeals to a wide range of customers. The company’s shift from unorganized to organized retail is also expected to drive further growth.
Conclusion
Senco Gold’s robust Q4 performance and continued expansion are positioning the company for further success in the coming fiscal year. With a solid market presence and increasing demand for its products, the jewelry retailer is well on track for sustained growth.
