Senco Gold Limited — Investor Meet, 20-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Senco Gold reported strong Q2 PAT growth (+300% YoY to INR 48.8 Cr) despite only 2% consolidated revenue increase, impacted by high gold prices. H1 PAT reached INR 153 Cr, with EBITDA margins at 6.9%. October sales soared to INR 1,700 Cr, driving YTD value growth to 25% and SSSG to +17%. Management reaffirms 18-20% full-year revenue growth (potentially 22%) and 7.2-7.4% EBITDA, buoyed by wedding season demand, 16 new showrooms, and a focus on lightweight/studded jewellery. Strategic hedging and dynamic borrowing manage gold price volatility, signaling a confident outlook for sustained growth.