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 ₹ 274 Cr.
- Current Price ₹ 30.4
- High / Low ₹ 64.0 / 24.3
- 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.
- 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
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 | 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: | -21% |
| 3 Years: | -20% |
| 1 Year: | -48% |
| 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% | 633% |
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% | -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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
- Transcripts of the Q1FY27 Post Results Earnings Conference Call.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Publication and completion of dispatch of the Notice of Ninth Annual General Meeting
- Reg. 34 (1) Annual Report.
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Notice Calling The Ninth Annual General Meeting And The Annual Report For The FY 2025-26
- Ninth AGM on September 11, 2026; annual report for FY2025-26 released.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Publication of the extract of the Unaudited Financial Results for the quarter ended June 30, 2026.
Annual reports
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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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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Jul 2024TranscriptAI SummaryPPT
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Jul 2024TranscriptAI SummaryPPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023TranscriptAI SummaryPPT
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May 2023TranscriptAI SummaryPPT
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Feb 2023TranscriptAI SummaryPPT
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Nov 2022TranscriptAI SummaryPPT
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Aug 2022TranscriptAI SummaryPPT
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Nov 2021TranscriptAI SummaryPPT
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Nov 2021TranscriptAI SummaryPPT
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Nov 2021TranscriptAI SummaryPPT
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Aug 2021TranscriptAI SummaryPPT
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Jul 2021TranscriptAI SummaryPPT
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Feb 2021TranscriptAI SummaryPPT
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Nov 2020TranscriptAI SummaryPPT
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Sep 2020Transcript PPT
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Sep 2020TranscriptAI SummaryPPT
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Jun 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]
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.