1. India Stocks

  2. •

    Consumer Cyclical

  3. •

    Department Stores
Spencer's Retail Limited

Spencer's Retail Limited

SPENCERS.NS
Spencer's Retail LimitedIN flagNational Stock Exchange of India
35.53
INR
+0.90
- -
3.20BMarket Cap
Spencer's Retail Limited
SPENCERS.NS
(National Stock Exchange of India)

Recent

price

35.53

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
- -
275.63
331.16
272.87
248.06
262.78
250.88
221.34
199.69
199.75
Revenue per Share
- -
0.3
-16.19
-18.97
-13.48
-23.34
-29.53
-27.33
-27.66
-27.67
Basic EPS, GAAP
- -
-1.6
8.76
-2.92
3.31
0.07
-0.06
1.71
-7.69
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
-1.64
-35.58
-51.65
-63.33
-86.89
-116.33
-143.58
5
5
Book Value per Share
- -
56.26
-8.51
-17.59
-30.41
-54.09
-83.46
-110.81
-138.6
-138.65
Tangible Book Value per Share
- -
80
81
86
90
90
90
90
90
90
Basic Weighted Avg Shares
- -
22,167
26,746
23,572
22,358
23,684
22,612
19,952
18,000
18,000
Sales/Revenue/Turnover
- -
-0.75
-3.02
-5.1
-4.15
-4.31
-6.25
-9.31
-5.91
-5.91
Operating Margin (%)
- -
254
1,381
1,342
1,258
1,317
1,325
1,426
957
957
Depreciation Expense
- -
24
-1,308
-1,639
-1,215
-2,104
-2,662
-2,464
-2,493
-2,493
Net Income, GAAP
- -
42.71
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
0.11
-4.89
-6.95
-5.43
-8.88
-11.77
-12.35
-13.85
-13.85
Profit Margin (%)
896
2,160
-2,081
-2,742
-3,576
-4,946
-6,017
-7,250
-8,959
-8,959
Working Capital
- -
- -
6,495
6,763
7,473
8,835
10,991
9,594
10,574
10,574
LT Debt
5,471
5,481
2,739
1,863
619
-1,505
-4,158
-6,616
-9,129
-9,129
Total Equity
- -
-1.73
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
-48.58
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
-535.1
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
8,761
- -
8,613
LT Borrowings
3,028
- -
4,489
LT Finance Leases
5,234
- -
6,085
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
90
- -
90
Market Capitalization
5,021
3,708
2,215

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
2,831
- -
3,162
Cash, Cash Equivalents & STI
266
- -
539
Accounts Receivable, Net
268
- -
249
Inventories
1,922
- -
1,841
Total Current Liabilities
12,126
- -
12,121
Payables & Accruals
- -
- -
- -
ST Debt
8,761
- -
8,613
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-27.32%
37.99%
Free Cash Flow
- -
-794.57%
-549.71%
Net Income, GAAP
- -
13.52%
1.21%
Sales/Revenue/Turnover
- -
-5.06%
-9.78%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,702
5,740
6,540
4,630
22,612
2025
5,483
5,180
5,170
4,119
19,952
2026
4,158
4,451
5,029
4,361
18,000

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-7.12
-7.78
-5.68
- -
-29.53
2025
-4.82
-9.67
-5.25
-7.59
-27.33
2026
-6.84
-7.08
-6.47
-7.28
-27.66

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Spencer's Retail Limited, along with its associated entities, spearheads the organized retail sector in India, focusing on development, operation, investment, and promotion. The company manages a network of hypermarkets, departmental stores, and neighborhood outlets under diverse formats, including the recently emphasized 'Value Market' proposition. Its expansive product assortment covers a wide array of categories such as essential groceries, fresh produce, general household goods, personal care items, fashion apparel and accessories, consumer electronics, and an assortment of lifestyle products. Spencer's also offers its own distinct brand labels like Smart Choice, Tasty Wonders, Clean Home, and Maroon, alongside various private brands such as 2Bme, Healthy Alternatives, Hands on, and Inscapes, complementing the premium offerings under Nature's Basket, including L'exclusif and Artisan Pantry. Additionally, the company is actively engaged in omnichannel retail, including e-commerce through its subsidiary Omnipresent Retail India Private Limited, and has launched quick commerce services like JIFFY in Kolkata to cater to evolving consumer preferences. As of March 2025, the company operates approximately 121 stores across more than 23 cities, strategically focusing on key geographies following recent exits from regions like Delhi-NCR and parts of South India. Founded in 1863, the enterprise is headquartered in Kolkata, India, and operates under the ownership of the RP-Sanjiv Goenka Group, having adopted its current name in December 2018 from its previous identity as RP-SG Retail Limited.