Senco Gold Limited is a pan‑India jewellery retailer and manufacturer offering gold, diamond, silver, platinum and lab‑grown diamonds through 196 showrooms (113 company, 83 franchisee) plus online channels, positioned as a multi‑brand operator that blends traditional Bengal craftsmanship with modern design, omnichannel distribution and in‑house manufacturing supported by karigars and CAD/3D technologies.

Q3 FY26 was historic: consolidated revenue surged to ~Rs 3,071 crore (50% YoY) with EBITDA of ~Rs 404 crore and PAT of ~Rs 264 crore, driven by higher own‑store mix, product premiumisation and operating leverage; management highlights TTM revenue of ~Rs 8,300 crore and reiterated FY27 EBITDA guidance of 7.5%–7.8%.

Inventory and working capital scaled sharply as gold prices rose ~63% YoY, with inventory value at Rs 4,602 crore and borrowings (incl. GML) increasing ~44% YoY; Senco manages price risk with a board‑approved hedging policy (55%–60% recently) and a high old‑gold exchange (~45%), which materially reduces cash flow pressure while increasing balance‑sheet complexity.

Senco is actively diversifying: launched Sennes (lab‑grown diamonds, accessories, fragrances), MyDigiGold/MyDigiSilver digital platforms, and is pursuing inorganic growth (Melorra acquisition pending) to capture millennials and Gen‑Z; the franchise model enables rapid, asset‑light expansion focused on Tier‑2/3 markets while preserving company ROI and brand trust.