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 ₹ 188 Cr.
- Current Price ₹ 20.8
- High / Low ₹ 53.0 / 14.5
- Stock P/E
- Book Value ₹ -101
- Dividend Yield 0.00 %
- ROCE -9.34 %
- ROE %
- Face Value ₹ 5.00
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -5.81% over past five years.
- Contingent liabilities of Rs.60.3 Cr.
- Earnings include an other income of Rs.16.2 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 13m | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1,149 | 2,187 | 2,645 | 2,428 | 2,300 | 2,453 | 2,345 | 1,995 | 1,800 | 1,854 | |
| 1,153 | 2,178 | 2,587 | 2,420 | 2,275 | 2,448 | 2,354 | 2,038 | 1,810 | 1,850 | |
| Operating Profit | -4 | 9 | 57 | 8 | 25 | 4 | -9 | -43 | -10 | 4 |
| OPM % | -0.4% | 0.4% | 2.2% | 0.3% | 1.1% | 0.2% | -0.4% | -2.2% | -0.5% | 0.2% |
| 9 | 28 | 32 | 53 | 76 | 32 | 23 | 104 | 25 | 16 | |
| Interest | 4 | 7 | 82 | 91 | 97 | 115 | 148 | 164 | 169 | 175 |
| Depreciation | 15 | 25 | 138 | 134 | 126 | 132 | 132 | 143 | 96 | 93 |
| Profit before tax | -14 | 4 | -131 | -164 | -122 | -211 | -267 | -247 | -250 | -248 |
| Tax % | 0% | 43% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | |
| -14 | 2 | -131 | -164 | -121 | -210 | -266 | -246 | -249 | -248 | |
| EPS in Rs | 0.27 | -14.51 | -18.18 | -13.48 | -23.34 | -29.53 | -27.33 | -27.66 | -27.54 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -6% |
| 3 Years: | -10% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -13% |
| 3 Years: | -8% |
| TTM: | 6% |
| 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
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.00 | 40 | 40 | 45 | 45 | 45 | 45 | 45 | 45 |
| Reserves | 507 | 508 | 234 | 141 | 17 | -196 | -461 | -707 | -958 |
| 1 | 0 | 849 | 944 | 1,069 | 1,341 | 1,622 | 1,571 | 1,919 | |
| 373 | 365 | 471 | 429 | 435 | 439 | 490 | 400 | 390 | |
| Total Liabilities | 881 | 914 | 1,594 | 1,559 | 1,565 | 1,629 | 1,696 | 1,310 | 1,396 |
| 239 | 263 | 1,055 | 1,053 | 1,049 | 1,132 | 1,211 | 953 | 971 | |
| CWIP | 0 | 1 | 10 | 3 | 8 | 2 | 1 | 0 | 0 |
| Investments | 7 | 23 | 24 | 35 | 94 | 94 | 56 | 43 | 36 |
| 635 | 627 | 505 | 468 | 415 | 401 | 428 | 314 | 389 | |
| Total Assets | 881 | 914 | 1,594 | 1,559 | 1,565 | 1,629 | 1,696 | 1,310 | 1,396 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| -48 | -13 | 114 | -2 | 55 | 27 | 35 | 37 | -60 | |
| -189 | 22 | -7 | -18 | -40 | -26 | 11 | -20 | -8 | |
| 38 | -0 | -54 | -3 | -54 | -5 | -28 | -27 | 92 | |
| Net Cash Flow | -199 | 9 | 53 | -24 | -40 | -4 | 18 | -10 | 24 |
| Free Cash Flow | -55 | -58 | 71 | -25 | 31 | 1 | 3 | 21 | -69 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 1,079% | -107% | 212% | 23% | 219% | 271% | -364% | -83% | 633% |
Ratios
Consolidated / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 12 | 7 | 9 | 4 | 4 | 3 | 4 | 3 | 5 |
| Inventory Days | 109 | 57 | 44 | 51 | 52 | 49 | 52 | 39 | 47 |
| Days Payable | 123 | 66 | 66 | 63 | 67 | 64 | 75 | 72 | 76 |
| Cash Conversion Cycle | -2 | -1 | -13 | -8 | -10 | -12 | -19 | -30 | -24 |
| Working Capital Days | -1 | -2 | -40 | -50 | -63 | -79 | -99 | -137 | -192 |
| ROCE % | 2% | -6% | -7% | -2% | -8% | -10% | -10% | -9% |
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 ・Standalone data |
|
|||||||||||
| Number of Cities of Operation cities |
||||||||||||
| Total Store Count (Spencer's + Nature's Basket) stores |
||||||||||||
| Trading Area (Spencer's + Nature's Basket) Lakh sq ft |
||||||||||||
| Number of SKUs (Spencer's) SKUs ・Standalone data |
||||||||||||
| Private Brand Contribution to Sales % of total sales |
||||||||||||
| Online GMV (Jiffy) ₹ Cr ・Standalone data |
||||||||||||
| Online Monthly Orders (Spencer's Jiffy quick-commerce) lakh orders per month ・Standalone data |
||||||||||||
Extracted by Screener AI
Documents
Announcements
-
Clarification On Price Movement
- Spencer’s Retail clarified price movement is market-driven and disclosed no additional information.
-
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 …
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Submitted Regulation 74(5) certificate for quarter ended September 30, 2026.
-
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
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
-
Annual Report 2020
from bse
-
Annual Report 2019
from bse
Concalls
-
Aug 2026Transcript PPT REC
-
May 2026Transcript PPT
-
Feb 2026Transcript PPT REC
-
Nov 2025Transcript PPT REC
-
Aug 2025Transcript PPT REC
-
May 2025Transcript PPT
-
Jan 2025Transcript PPT
-
Nov 2024Transcript PPT
-
Aug 2024Transcript PPT
-
Jul 2024PPT
-
Jul 2024PPT
-
May 2024Transcript PPT
-
Feb 2024Transcript PPT
-
Nov 2023PPT
-
Sep 2023PPT
-
Aug 2023PPT
-
May 2023PPT
-
Feb 2023PPT
-
Nov 2022PPT
-
Aug 2022PPT
-
Nov 2021PPT
-
Nov 2021PPT
-
Nov 2021PPT
-
Aug 2021PPT
-
Jul 2021PPT
-
Jun 2021PPT
-
Feb 2021PPT
-
Nov 2020PPT
-
Sep 2020Transcript PPT
-
Sep 2020PPT
-
Jun 2020PPT
-
Feb 2020PPT
-
Nov 2019PPT
-
Nov 2019PPT
-
May 2019PPT
-
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.