Key Decisions and Financial Results

The Board of Directors meeting commenced at 17:00 and concluded at 19:15 on May 26, 2026. Key outcomes include:

1. Financial Results Approval

  • Approved both Consolidated and Standalone Financial Results for the fourth quarter and year ended March 31, 2026.
  • The results were reviewed by the Audit Committee and include the report of statutory auditors M/s Walker Chandiok & Co LLP.

2. Dividend Recommendation

  • Recommended a Final Dividend at the rate of 20% (Re. 1 per equity share) on equity shares of face value ₹5 each for FY 2025-26.
  • The dividend payment is subject to approval by shareholders at the forthcoming Annual General Meeting (AGM).
  • If approved, the dividend shall be paid on or before 30 days from the date of the AGM.

3. Audit Opinion

  • M/s Walker Chandiok & Co LLP, Statutory Auditors, issued their Audit Report with an unmodified opinion on both standalone and consolidated financial statements.

Detailed Financial Performance

Consolidated Financial Results (Amount in ₹ millions)

Quarterly Performance (Q4 FY26 vs Q4 FY25)
  • Revenue from operations: ₹19,966.59 (vs ₹13,777.12 in Q4 FY25)
  • Total income: ₹20,100.19 (vs ₹13,923.92)
  • Profit before tax: ₹2,084.65 (vs ₹850.68)
  • Profit after tax: ₹1,568.79 (vs ₹624.30)
  • Basic EPS: ₹9.58 (vs ₹3.82)
Annual Performance (FY26 vs FY25)
  • Revenue from operations: ₹84,300.30 (vs ₹63,280.72)
  • Total income: ₹85,099.13 (vs ₹63,826.39)
  • Profit before tax: ₹7,627.37 (vs ₹2,178.61)
  • Profit after tax: ₹5,743.19 (vs ₹1,593.09)
  • Basic EPS: ₹35.08 (vs not fully specified but implied ~₹10.09)
  • Other comprehensive loss: ₹(43.45) (vs income of ₹17.88)
Balance Sheet (Consolidated)
  • Total assets: ₹69,615.06 (vs ₹47,463.51)
  • Inventories: ₹52,960.88 (vs ₹32,992.54)
  • Borrowings: ₹15,690.54 (current) + ₹6.93 (non-current) (vs ₹5,901.24 + ₹11.23)
  • Gold metal loans: ₹7,762.10 (vs ₹11,817.67)
  • Equity share capital: ₹819.03 (vs ₹818.40)
  • Other equity: ₹24,317.81 (vs ₹18,884.52)

Standalone Financial Results (Amount in ₹ millions)

Quarterly Performance (Q4 FY26 vs Q4 FY25)
  • Revenue from operations: ₹19,629.41 (vs ₹13,619.45)
  • Profit after tax: ₹1,578.33 (vs ₹619.52)
  • Basic EPS: ₹9.62 (vs ₹3.79)
Annual Performance (FY26 vs FY25)
  • Revenue from operations: ₹83,741.25 (vs ₹62,586.76)
  • Profit after tax: ₹5,809.79 (vs ₹1,653.71)
  • Basic EPS: ₹35.49 (vs ₹10.48)
  • Other comprehensive income: ₹8.09 (vs ₹3.65)
Balance Sheet (Standalone)
  • Total assets: ₹69,116.51 (vs ₹47,359.19)
  • Inventories: ₹51,617.78 (vs ₹32,567.41)
  • Borrowings: ₹15,621.10 (current) + ₹6.93 (non-current) (vs ₹5,762.47 + ₹11.23)
  • Gold metal loans: ₹7,267.73 (vs ₹11,817.67)
  • Equity share capital: ₹819.03 (vs ₹818.40)
  • Other equity: ₹24,571.89 (vs ₹19,020.87)

Other Material Disclosures

1. QIP Utilization

  • The company completed a Qualified Institutional Placement (QIP) in the previous year, issuing 4,080,000 equity shares at a premium of ₹1,115 per share, aggregating ₹4,590.00 million.
  • As of March 31, 2026, ₹3,500.00 million was utilized for debt repayment, ₹946.94 million for general corporate purposes, and ₹143.06 million for issue-related expenses.
  • No unspent amounts remain from the QIP proceeds.

2. Labour Code Implementation

  • Effective November 21, 2025, the Government of India implemented four consolidated Labour Codes.
  • The Group has assessed and recorded the incremental financial impact of these codes in the financial results based on available information and guidance.

3. Acquisition Plans

  • During the quarter, the Board approved the acquisition of approximately 68% equity stake in August Jewellery Private Limited.
  • The company is currently in the process of obtaining requisite regulatory and other approvals for this acquisition.

4. ESOP Allotment

  • The company allotted 88,340 equity shares during Q4 FY26 and 125,640 equity shares during FY26 (previous period/year: 76,136 and 112,686 shares) to eligible employees under the "Senco Gold Limited Employees Stock Option Scheme - 2018".

5. Subsidiary Information

  • The consolidated results include three wholly-owned subsidiaries: Senco Gold Artisanship Private Limited, Senco Gold Jewellery Trading LLC, and Sennes Fashion Limited.
  • The auditors did not audit the financial statements of two subsidiaries, whose financial information represents total assets of ₹3,388.79 million, total revenues of ₹3,802.75 million, and total net loss after tax of ₹76.70 million for FY26.