Senco Gold's FY26 was an outlier, and its MD & CEO Suvankar Sen wants investors to know it. The company posted a PAT margin of 6.8% last year, buoyed by a sharp rally in gold prices and inventory gains from the government's import duty hike. But Sen is drawing a firm line under those numbers, guiding the street toward a more conservative 4–4.5% PAT margin as the structural baseline for FY27 and beyond.
"It is good to have a conservative approach of 4% to 4.5%. Yes, there will be certain years when gold prices will come up — but 6.8% is something we are happy to have, not something to guide on" says Sen.
