Spencers Retail Ltd
Incorporated in 2017, Spencer’s Retail Ltd develops, conducts, and promotes organized retail. It operates departmental and neighborhood stores under various formats across the country[1]
- Market Cap ₹ 196 Cr.
- Current Price ₹ 21.7
- High / Low ₹ 53.0 / 14.5
- Stock P/E
- Book Value ₹ -47.6
- Dividend Yield 0.00 %
- ROCE -0.86 %
- ROE %
- Face Value ₹ 5.00
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -5.95% over past five years.
- Contingent liabilities of Rs.60.0 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Services Retailing Diversified Retail
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1,149 | 2,187 | 2,373 | 2,069 | 2,000 | 2,180 | 2,049 | 1,701 | 1,523 | 1,584 | |
| 1,148 | 2,173 | 2,294 | 2,069 | 1,981 | 2,175 | 2,065 | 1,723 | 1,486 | 1,538 | |
| Operating Profit | 0 | 14 | 79 | -0 | 18 | 5 | -16 | -22 | 37 | 46 |
| OPM % | 0.0% | 0.6% | 3.3% | -0.0% | 0.9% | 0.2% | -0.8% | -1.3% | 2.4% | 2.9% |
| 9 | 28 | 30 | 47 | 67 | 29 | 16 | 75 | 19 | 13 | |
| Interest | 4 | 7 | 61 | 69 | 76 | 91 | 119 | 132 | 134 | 140 |
| Depreciation | 15 | 25 | 105 | 106 | 94 | 97 | 93 | 106 | 56 | 56 |
| Profit before tax | -9 | 10 | -57 | -128 | -85 | -153 | -212 | -185 | -134 | -136 |
| Tax % | 0% | 18% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
| -9 | 8 | -57 | -128 | -85 | -153 | -212 | -185 | -134 | -136 | |
| EPS in Rs | 0.88 | -6.33 | -14.19 | -9.38 | -17.00 | -23.50 | -20.50 | -14.82 | -15.15 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -6% |
| 3 Years: | -11% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -1% |
| 3 Years: | 2% |
| TTM: | 19% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -31% |
| 3 Years: | -34% |
| 1 Year: | -63% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 40 | 40 | 40 | 45 | 45 | 45 | 45 | 45 | 45 |
| Reserves | 550 | 557 | 355 | 299 | 212 | 57 | -154 | -338 | -474 |
| 1 | 0 | 644 | 765 | 878 | 1,088 | 1,342 | 1,236 | 1,551 | |
| 331 | 365 | 379 | 341 | 362 | 363 | 413 | 332 | 312 | |
| Total Liabilities | 921 | 962 | 1,418 | 1,451 | 1,497 | 1,553 | 1,646 | 1,274 | 1,434 |
| 234 | 259 | 659 | 687 | 660 | 723 | 774 | 527 | 592 | |
| CWIP | 0 | 1 | 9 | 2 | 6 | 2 | 1 | 0 | 0 |
| Investments | 55 | 77 | 316 | 353 | 478 | 492 | 522 | 521 | 528 |
| 632 | 625 | 434 | 409 | 353 | 336 | 349 | 225 | 313 | |
| Total Assets | 921 | 962 | 1,418 | 1,451 | 1,497 | 1,553 | 1,646 | 1,274 | 1,434 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| -43 | -8 | 107 | -2 | 63 | 29 | 39 | 25 | -40 | |
| -236 | 16 | -64 | -47 | -98 | -35 | -40 | 2 | -6 | |
| 82 | -0 | -11 | 42 | -4 | 4 | 18 | -42 | 77 | |
| Net Cash Flow | -197 | 9 | 32 | -7 | -39 | -2 | 17 | -15 | 31 |
| Free Cash Flow | -49 | -52 | 69 | -24 | 47 | 9 | 24 | 24 | -42 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -9,313% | -17% | 143% | -3,825% | 337% | 301% | -233% | -109% | -112% |
Ratios
Standalone / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 12 | 8 | 9 | 6 | 5 | 3 | 4 | 5 | 5 |
| Inventory Days | 109 | 57 | 45 | 52 | 52 | 47 | 49 | 36 | 45 |
| Days Payable | 122 | 66 | 60 | 60 | 66 | 62 | 75 | 70 | 75 |
| Cash Conversion Cycle | -1 | -1 | -6 | -3 | -10 | -11 | -22 | -28 | -25 |
| Working Capital Days | -1 | -2 | -31 | -45 | -62 | -75 | -99 | -133 | -167 |
| ROCE % | 3% | -0% | -6% | -1% | -5% | -8% | -7% | -1% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Spencer's Sales per Square Foot (SPSF) ₹/sqft/month |
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| Number of Cities of Operation cities |
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| Total Store Count (Spencer's + Nature's Basket) stores |
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| Trading Area (Spencer's + Nature's Basket) Lakh sq ft |
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| Number of SKUs (Spencer's) SKUs |
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| Private Brand Contribution to Sales % of total sales |
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| Online GMV (Jiffy) ₹ Cr |
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| Online Monthly Orders (Spencer's Jiffy quick-commerce) lakh orders per month |
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Extracted by Screener AI
Documents
Announcements
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Clarification On Price Movement
- Spencer’s Retail clarified price movement is market-driven and disclosed no additional information.
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Clarification sought from Spencers Retail Ltd
- Exchange has sought clarification from Spencers Retail Ltd on October 22, 2026 with reference to significant movement in price, in order to ensure that investors …
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Submitted Regulation 74(5) certificate for quarter ended September 30, 2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Intimation of Newspaper Publication - Special Window for Transfer and dematerialisation of physical shares.
- Closure of Trading Window
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Concalls
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Aug 2026Transcript PPT REC
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May 2026Transcript PPT
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT REC
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May 2025Transcript PPT
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Jan 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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Jul 2024PPT
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Jul 2024PPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023PPT
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Sep 2023PPT
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Aug 2023PPT
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May 2023PPT
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Feb 2023PPT
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Nov 2022PPT
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Aug 2022PPT
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Nov 2021PPT
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Nov 2021PPT
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Nov 2021PPT
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Aug 2021PPT
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Jul 2021PPT
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Jun 2021PPT
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Feb 2021PPT
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Nov 2020PPT
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Sep 2020Transcript PPT
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Sep 2020PPT
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Jun 2020PPT
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Feb 2020PPT
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Nov 2019PPT
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Nov 2019PPT
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May 2019PPT
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Jan 2019PPT
Business Overview:[1]
Spencer’s Retail, part of the RP-Sanjiv Goenka Group, operates multi-format retail across FMCG, food, fashion, staples, personal care, home essentials, electronics and general merchandise. Its portfolio includes Spencer’s, Nature’s Basket, Value Market and ORIPL, with 120 stores across 23+ cities[2] and 8.68 lakh sq. ft. of retail space.