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Senco has few distinctive features that set it apart from the listed players. For long-term investors interested in the jewelry retail business, an investment in Senco can be made based on its post-publication performance.
Summary
Revenue has grown to ₹4,077 crore at a compound annual growth rate of 19% over the last four financial years. Net income is up 32% over the period to ₹158 crore in FY23. Ebitda margin for FY23 is 8.5%, return on net assets is 19% and return on investments is 14%.
3 minutes readLast update:
Jul 4, 2023, 06:24 AM IST
ET Intelligence Group: Kolkata-based Senco Gold is the largest organized jewelery retailer in East India, run by a fourth generation traditional Bengali entrepreneurial family. The company raises ₹405 crore through an IPO that includes ₹135 crore of new issue and a ₹270 crore offer to sell, with private equity firm SAIF Partners India diluting part of its stake. Business At the end of fiscal 23, Senco operated 136 one-footprint showrooms
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