Senco Gold Share Price Surges 5% After Strong Q1FY26 Revenue Growth

Market Performance

On July 7, Senco Gold share price hit the 5% upper circuit, locking at ₹367 per share on the BSE.

• The surge follows a strong business update for Q1FY26.
• Despite the recent rally, the stock is down over 30% year-to-date (YTD).
• In comparison, the Nifty 50 index gained 7% during the same period.

Main News

The highlight of Senco Gold's quarterly update was a robust jump in revenue, driven by festive demand and store expansion.

• Retail revenue rose 24% YoY.
• Total revenue surged by 28% YoY for the April–June quarter.
• The growth was fueled by increased consumer footfall during regional festivals and aggressive retail expansion efforts.

Company Expansion and Strategy

Senco Gold is steadily expanding its footprint across India:

• Nine new showrooms were launched in the first quarter of FY26.
• This brings the total number of stores to 179.
• The company is targeting 20 new showrooms by the End of FY26.
• To boost growth in the lifestyle and fashion jewellery segment, Senco is planning expansion through the franchise model.

Key in-house brands under this strategy include:

• Sennes
• Gossip
• Everlite

This approach aims to widen its customer base in both urban and semi-urban regions.

Revenue

• Retail Revenue Growth: +24% YoY
• Total Revenue Growth: +28% YoY
• Growth Drivers: Festival season demand, retail network expansion

Gold Price Impact

• Average domestic gold prices ranged between ₹86,900 and ₹1,01,000 per 10 grams in Q1FY26.
• This marks a 32% YoY increase and a 5% sequential rise.
• The price hike was influenced by:
  • Global macroeconomic uncertainty
  • Central bank gold purchases
  • Fluctuations in international markets

Company Details

• Company: Senco Gold Ltd
• Industry: Jewellery Retail
• Headquartered: India
• Total Stores: 179 (as of Q1FY26)
• Franchise Plans: Yes (Sennes, Gossip, Everlite brands)

Summary of the Article

Senco Gold share price saw a sharp 5% rise to ₹367 on July 7, after the company released its Q1FY26 business update. With a 28% YoY revenue surge, supported by store openings and seasonal demand, the company showed strong operational performance. Despite YTD losses, the jewellery brand is actively expanding and diversifying through its branded and franchise-led strategy. The significant uptick in gold prices also played a vital role in driving growth this quarter.