Spencers Retail Ltd
Spencer’s Retail Limited was incorporated as RP-SG Retail Limited, It is a part of RP-Sanjiv Goenka Group and a multi-format retailer providing a range of quality products across diverse categories including food, personal care, fashion, home essentials, electrical, and electronics. [1]
- Market Cap ₹ 926 Cr.
- Current Price ₹ 103
- High / Low ₹ 139 / 56.5
- Stock P/E
- Book Value ₹ -31.7
- Dividend Yield 0.00 %
- ROCE -8.23 %
- ROE %
- Face Value ₹ 5.00
Pros
Cons
- Company has low interest coverage ratio.
- Earnings include an other income of Rs.27.3 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|
| 1,149 | 2,187 | 2,645 | 2,428 | 2,300 | 2,453 | 2,342 | |
| 1,153 | 2,178 | 2,587 | 2,420 | 2,275 | 2,448 | 2,344 | |
| Operating Profit | -4 | 9 | 57 | 8 | 25 | 4 | -2 |
| OPM % | -0% | 0% | 2% | 0% | 1% | 0% | -0% |
| 9 | 28 | 32 | 53 | 76 | 32 | 27 | |
| Interest | 4 | 7 | 82 | 91 | 97 | 115 | 140 |
| Depreciation | 15 | 25 | 138 | 134 | 126 | 132 | 132 |
| Profit before tax | -14 | 4 | -131 | -164 | -122 | -211 | -247 |
| Tax % | 0% | 43% | 0% | 0% | 0% | 0% | |
| -14 | 2 | -131 | -164 | -121 | -210 | -247 | |
| EPS in Rs | 0.27 | -14.51 | -18.18 | -13.48 | -23.34 | -27.37 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | -2% |
| TTM: | -4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -23% |
| TTM: | -29% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -7% |
| 3 Years: | 15% |
| 1 Year: | 76% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0 | 40 | 40 | 45 | 45 | 45 | 45 |
| Reserves | 507 | 508 | 234 | 141 | 17 | -196 | -331 |
| Preference Capital | 1 | 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 849 | 944 | 1,069 | 1,341 | 1,445 | |
| 373 | 365 | 471 | 429 | 435 | 439 | 487 | |
| Total Liabilities | 881 | 914 | 1,594 | 1,559 | 1,565 | 1,629 | 1,646 |
| 239 | 263 | 1,055 | 1,053 | 1,049 | 1,132 | 1,128 | |
| CWIP | 0 | 1 | 10 | 3 | 8 | 2 | 3 |
| Investments | 7 | 23 | 24 | 35 | 94 | 94 | 88 |
| 635 | 627 | 505 | 468 | 415 | 401 | 427 | |
| Total Assets | 881 | 914 | 1,594 | 1,559 | 1,565 | 1,629 | 1,646 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| -48 | -13 | 114 | -2 | 55 | 27 | |
| -189 | 22 | -7 | -18 | -40 | -26 | |
| 38 | -0 | -54 | -3 | -54 | -5 | |
| Net Cash Flow | -199 | 9 | 53 | -24 | -40 | -4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| Debtor Days | 12 | 7 | 9 | 4 | 4 | 3 |
| Inventory Days | 109 | 57 | 44 | 51 | 52 | 49 |
| Days Payable | 123 | 66 | 66 | 63 | 67 | 64 |
| Cash Conversion Cycle | -2 | -1 | -13 | -8 | -10 | -12 |
| Working Capital Days | -1 | -2 | -15 | -10 | -12 | -11 |
| ROCE % | 2% | -6% | -7% | -2% | -8% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 14h
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1d
- Appointment Of Chief Financial Officer 18 Apr
- Compliance Under Regulation 40(9) & 40(10) Of SEBI (LODR) Regulations, 2015, For The Year Ended March 31, 2024 8 Apr
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Compliance Certificate For The Month Ended March 31, 2024
5 Apr - Compliance Certificate certifying compliance with Reg 7(2) & 7(3) of SEBI(LODR) Regulations, 2015 for the year ended March 31, 2024
Annual reports
Concalls
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Feb 2024Transcript PPT
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Nov 2023TranscriptNotesPPT
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Brand Reputation
In 1920, it was the first grocery chain in India.
In 1980, it became the first supermarket chain.
In 2001, it was the first to introduce hypermarkets in India in Hyderabad. [1]
In 2018, it became the first omni-channel grocery retailer in India with the launch of an online shopping portal. [2]
The Company established a differentiated recall through specialty sections comprising Spencer’s Gourmet, Patisserie, Wine, Liquor, and Epicuisine, and Natures Basket comprises L’Exclusif, Natures, and Healthy Alternatives. [3]