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 ₹ 313 Cr.
- Current Price ₹ 34.8
- High / Low ₹ 64.4 / 24.3
- Stock P/E
- Book Value ₹ -101
- Dividend Yield 0.00 %
- ROCE -8.41 %
- 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.
- Earnings include an other income of Rs.25.8 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
Part of BSE Consumer Discretionary
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 | |
|---|---|---|---|---|---|---|---|---|---|
| 1,149 | 2,187 | 2,645 | 2,428 | 2,300 | 2,453 | 2,345 | 1,995 | 1,800 | |
| 1,153 | 2,178 | 2,587 | 2,420 | 2,275 | 2,448 | 2,354 | 2,038 | 1,811 | |
| Operating Profit | -4 | 9 | 57 | 8 | 25 | 4 | -9 | -43 | -11 |
| OPM % | -0% | 0% | 2% | 0% | 1% | 0% | -0% | -2% | -1% |
| 9 | 28 | 32 | 53 | 76 | 32 | 23 | 104 | 26 | |
| Interest | 4 | 7 | 82 | 91 | 97 | 115 | 148 | 164 | 169 |
| Depreciation | 15 | 25 | 138 | 134 | 126 | 132 | 132 | 143 | 96 |
| Profit before tax | -14 | 4 | -131 | -164 | -122 | -211 | -267 | -247 | -250 |
| Tax % | 0% | 43% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
| -14 | 2 | -131 | -164 | -121 | -210 | -266 | -246 | -249 | |
| EPS in Rs | 0.27 | -14.51 | -18.18 | -13.48 | -23.34 | -29.53 | -27.33 | -27.66 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -6% |
| 3 Years: | -10% |
| TTM: | -10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -11% |
| 3 Years: | -7% |
| TTM: | 7% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -18% |
| 3 Years: | -17% |
| 1 Year: | -44% |
| 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/OP | 1,079% | -107% | 212% | 23% | 219% | 271% | -364% | -83% | 575% |
Ratios
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 | |
|---|---|---|---|---|---|---|---|---|---|
| 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% | -8% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Spencer's Sales per Square Foot (SPSF) ₹/sqft/month ・Standalone data |
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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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| ORIPL Online Gross Merchandise Value (GMV) ₹ Cr |
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| Number of SKUs (Spencer's) SKUs ・Standalone data |
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| Private Brand Contribution to Sales % of total sales |
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| Online Monthly Orders (Spencer's Jiffy quick-commerce) lakh orders per month ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Jul - Submitted Regulation 74(5) certificate for quarter ended June 30, 2026.
- Closure of Trading Window 25 Jun
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Announcement under Regulation 30 (LODR)-Newspaper Publication
3 Jun - Intimation of Newspaper Publication - Special Window for Transfer and dematerialisation of physical shares.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
27 May - Transcripts of the Q4FY26 Post Results Earnings Conference Call.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
22 May - Audio recording of Q4 and FY2026 earnings conference call released on May 22, 2026.
Annual reports
Concalls
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May 2026TranscriptPPT
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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Jul 2024TranscriptAI SummaryPPT
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Nov 2023TranscriptAI SummaryPPT
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Nov 2020TranscriptAI SummaryPPT
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Feb 2020TranscriptAI SummaryPPT
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Nov 2019TranscriptAI SummaryPPT
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Nov 2019TranscriptAI SummaryPPT
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May 2019TranscriptAI SummaryPPT
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Jan 2019TranscriptAI SummaryPPT
Business Overview:[1]
SRL, part of the RP-Sanjiv Goenka Group, is a multi-format retailer offering a diverse range of products including FMCG, fashion, food, staples, general merchandise, personal care, home essentials, electricals, and electronics. Its specialty sections include Spencer’s Gourmet, Patisserie, Wine & Liquor, Epicuisine, and L'exclusif for healthy alternatives. As of FY24, Spencer’s (including Nature's Basket) operates 167 stores [including 34 stores of NBL]. 9 stores were opened in FY24.[2]