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 ₹ 732 Cr.
- Current Price ₹ 81.2
- High / Low ₹ 139 / 73.6
- Stock P/E
- Book Value ₹ -25.1
- Dividend Yield 0.00 %
- ROCE -8.04 %
- ROE %
- Face Value ₹ 5.00
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -1.29% over past five years.
- Earnings include an other income of Rs.72.4 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
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 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 1,149 | 2,187 | 2,373 | 2,069 | 2,000 | 2,180 | 2,049 | 1,966 | |
| 1,148 | 2,173 | 2,294 | 2,069 | 1,981 | 2,175 | 2,065 | 2,008 | |
| Operating Profit | 0 | 14 | 79 | -0 | 18 | 5 | -16 | -43 |
| OPM % | 0% | 1% | 3% | -0% | 1% | 0% | -1% | -2% |
| 9 | 28 | 30 | 47 | 67 | 29 | 16 | 72 | |
| Interest | 4 | 7 | 61 | 69 | 76 | 91 | 119 | 132 |
| Depreciation | 15 | 25 | 105 | 106 | 94 | 97 | 93 | 119 |
| Profit before tax | -9 | 10 | -57 | -128 | -85 | -153 | -212 | -221 |
| Tax % | 0% | 18% | 0% | 0% | 0% | 0% | 0% | |
| -9 | 8 | -57 | -128 | -85 | -153 | -212 | -221 | |
| EPS in Rs | 0.88 | -6.33 | -14.19 | -9.38 | -17.00 | -23.50 | -24.52 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -1% |
| 3 Years: | 0% |
| TTM: | -4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -26% |
| TTM: | -8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | -10% |
| 1 Year: | 10% |
| 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 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 40 | 40 | 40 | 45 | 45 | 45 | 45 | 45 |
| Reserves | 550 | 557 | 355 | 299 | 212 | 57 | -154 | -271 |
| 1 | 0 | 644 | 765 | 878 | 1,088 | 1,342 | 1,274 | |
| 331 | 365 | 379 | 341 | 362 | 363 | 413 | 366 | |
| Total Liabilities | 921 | 962 | 1,418 | 1,451 | 1,497 | 1,553 | 1,646 | 1,414 |
| 234 | 259 | 659 | 687 | 660 | 723 | 774 | 540 | |
| CWIP | 0 | 1 | 9 | 2 | 6 | 2 | 1 | 0 |
| Investments | 55 | 77 | 316 | 353 | 478 | 492 | 522 | 543 |
| 632 | 625 | 434 | 409 | 353 | 336 | 349 | 330 | |
| Total Assets | 921 | 962 | 1,418 | 1,451 | 1,497 | 1,553 | 1,646 | 1,414 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| -43 | -8 | 107 | -2 | 63 | 29 | 39 | |
| -236 | 16 | -64 | -47 | -98 | -35 | -40 | |
| 82 | -0 | -11 | 42 | -4 | 4 | 18 | |
| Net Cash Flow | -197 | 9 | 32 | -7 | -39 | -2 | 17 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 12 | 8 | 9 | 6 | 5 | 3 | 4 |
| Inventory Days | 109 | 57 | 45 | 52 | 52 | 47 | 49 |
| Days Payable | 122 | 66 | 60 | 60 | 66 | 62 | 75 |
| Cash Conversion Cycle | -1 | -1 | -6 | -3 | -10 | -11 | -22 |
| Working Capital Days | -1 | -2 | -10 | -7 | -12 | -12 | -22 |
| ROCE % | 3% | -0% | -6% | -1% | -5% | -8% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
11 Nov - Transcripts of the Q2 (FY24-25) Post Results Earnings Conference Call
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Announcement under Regulation 30 (LODR)-Newspaper Publication
7 Nov - Newspaper Publication of the extract of Un-audited Financial Results for the quarter and half year ended on September 30, 2024
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
6 Nov - Audio recording of Q2 earnings conference call.
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Announcement under Regulation 30 (LODR)-Investor Presentation
6 Nov - Investor Update and Press Release for the quarter and half year ended on September 30, 2024
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Board Meeting Outcome for Outcome Of Board Meeting Held On November 6, 2024 - Quarter And Half Year Results
6 Nov - Approved unaudited financial results for Q2 FY 2024-25.
Annual reports
Concalls
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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Jul 2024TranscriptNotesPPT
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Jul 2024TranscriptNotesPPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023TranscriptNotesPPT
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Sep 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Jul 2021TranscriptNotesPPT
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Jun 2021TranscriptNotesPPT
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Feb 2021TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Sep 2020Transcript PPT
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Sep 2020TranscriptNotesPPT
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Jun 2020TranscriptNotesPPT
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Feb 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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May 2019TranscriptNotesPPT
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Jan 2019TranscriptNotesPPT
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. Currently, Spencer’s (including Nature's Basket) operates 167 stores spanning 13.71 lakh square feet across 41 cities in India.