Spencer's Retail Limited

NSE: SPENCERS · Unclassified

₹19.15-0.31%06 Nov 2026

Ask the data

Instant answers about Spencer's Retail Limited — computed from its filings, no language model

Market cap₹173 cr

Current price₹19.15

High / Low₹52 / ₹15

P/E—

P/B—

Book value₹-115.5

ROE—

ROCE-17.3%

Debt / equity—

Dividend yield—

EPS (TTM)₹-27.81

Face value₹5

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 7 periods

	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	2,640	2,428	2,300	2,453	2,345	1,995	1,800
EBITDA	57	8	24	4	-12	-43	-11
Operating margin	2.2%	0.3%	1.0%	0.1%	-0.5%	-2.2%	-0.6%
Interest	82	91	97	115	148	164	169
Depreciation	138	134	126	132	132	143	96
Profit before tax	-131	-164	-122	-211	-267	-247	-250
Tax	-0	-0	-0	-0	-0	-0	-0
Net profit	-131	-164	-121	-210	-266	-246	-249
EPS ₹	-16.44	-18.97	-13.48	-23.34	-29.53	-27.33	-27.66
Operating cash flow	—	—	55	27	35	37	-60
Capex	—	—	25	26	36	22	9
Dividend paid	—	—	0	0	0	0	0
Total assets	—	—	—	1,629	1,696	1,310	1,396
Equity	—	—	—	-150	-416	-662	-913

Quarterly performance

last 29 quarters · ₹ crore

showing latest 8 of 29 periods

	DEC '18	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	573	699	700	640	547	617	672	592	552	582	624	542	621	649	639	543	574	654	547	548	518	517	412	416	445	503	436	469	462
Operating profit	2	14	12	8	-11	-2	14	7	7	13	14	-10	6	2	-1	-3	-7	12	-12	1	-45	12	-11	-7	-4	7	-7	8	4
Operating margin	0.4%	2.0%	1.8%	1.3%	-2.0%	-0.4%	2.1%	1.2%	1.3%	2.2%	2.2%	-1.8%	1.0%	0.2%	-0.2%	-0.5%	-1.2%	1.8%	-2.2%	0.2%	-8.7%	2.3%	-2.8%	-1.6%	-0.8%	1.3%	-1.6%	1.6%	0.8%
Other income	7	2	7	13	8	8	14	24	23	13	19	23	18	5	3	6	3	6	4	28	61	3	11	11	4	1	9	2	2
Interest	2	23	24	23	20	20	24	27	22	24	26	25	26	27	30	33	36	38	41	43	40	41	41	40	41	43	45	46	48
Depreciation	6	33	35	48	31	31	34	38	32	30	34	31	32	33	34	32	31	32	32	30	64	22	27	26	23	23	23	23	24
Profit before tax	1	-40	-40	-49	-55	-45	-30	-35	-24	-29	-27	-43	-34	-54	-62	-61	-70	-51	-81	-43	-87	-47	-68	-62	-64	-58	-66	-60	-66
Tax	1	0	0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Net profit	-0	-40	-40	-49	-55	-45	-30	-35	-24	-29	-27	-42	-34	-54	-62	-61	-70	-51	-81	-43	-87	-47	-68	-62	-64	-58	-66	-60	-66
EPS ₹	-0.01	-4.70	-4.97	-6.19	-6.88	-5.33	-3.29	-3.83	-2.61	-3.18	-2.97	-4.71	-3.73	-5.97	-6.85	-6.79	-7.78	-5.68	-8.95	-4.82	-9.67	-5.25	-7.59	-6.84	-7.08	-6.47	-7.28	-6.71	-7.35
Revenue YoY	—	—	22.0%	—	—	-11.8%	-4.0%	-7.5%	0.9%	-5.7%	-7.1%	-8.5%	12.5%	11.6%	2.4%	0.3%	-11.6%	2.4%	0.6%	—	-9.8%	-21.0%	-24.7%	-24.2%	-14.1%	-2.7%	5.9%	12.9%	3.8%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 22 periods

	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROCE	—	—	—	—	—	—	—	—	—	-13.6%	-21.5%	-24.4%	-27.9%	-29.8%	-27.7%	-31.1%	-39.0%	-24.2%	-26.8%	-25.0%	-22.7%	-17.3%
Net margin	-7.1%	-7.5%	-7.2%	-6.7%	-5.5%	-4.9%	-4.8%	-5.3%	-5.6%	-6.4%	-7.8%	-8.6%	-10.6%	-11.6%	-12.1%	-12.3%	-14.2%	-13.5%	-14.2%	-13.9%	-13.4%	-13.4%
EBITDA margin	0.9%	0.3%	0.4%	0.3%	1.1%	1.7%	1.7%	1.0%	1.0%	0.5%	-0.1%	0.1%	-0.2%	-1.9%	-2.1%	-2.2%	-2.8%	-0.5%	-0.8%	-0.6%	0.2%	0.6%
Interest coverage	-1.03	-1.18	-1.06	-0.80	-0.43	-0.20	-0.15	-0.26	-0.31	-0.52	-0.79	-0.83	-0.56	-0.63	-0.57	-0.50	-0.64	-0.48	-0.53	-0.48	-0.42	-0.37
Asset turnover	—	—	—	—	—	—	—	—	—	1.49	1.50	1.51	1.37	1.58	1.48	1.52	1.42	1.39	1.38	1.29	1.33	1.36

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 9 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	45	45	45	45	45	45	45	45	45
Other equity / reserves	-71	-196	-331	-461	-591	-707	-832	-958	-1,086
Total equity	-26	-150	-286	-416	-546	-662	-787	-913	-1,041
Borrowings	419	542	639	733	887	926	1,112	1,235	1,433
Current liabilities	863	859	979	975	1,070	977	1,213	1,212	1,364
Non-current liabilities	802	921	953	1,136	913	994	861	1,097	1,050
Total assets	1,638	1,629	1,646	1,696	1,437	1,310	1,287	1,396	1,374
Property, plant & equipment	161	157	145	152	109	105	98	91	82
Capital work-in-progress	4	2	3	1	1	0	0	0	0
Investments	93	94	88	56	71	43	44	36	36
Inventories	302	265	287	266	228	170	192	184	184
Receivables	38	20	21	25	20	18	27	25	30
Cash & equivalents	16	13	12	31	62	22	19	46	84

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	55	27	35	37	-60
Cash from investing	-40	-26	11	-20	-8
Cash from financing	-54	-5	-28	-27	92
Capex	25	26	36	22	9
Free cash flow	30	1	-1	15	-69
Dividends paid	0	0	0	0	0

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹82 cr6%

Investments

₹36 cr3%

Inventories

₹184 cr13%

Receivables

₹30 cr2%

Cash & equivalents

₹84 cr6%

Other assets

₹957 cr70%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Spencer's Retail Limited	173	19.15	—	—	—

StoxGud checklist: Bearish setup · 1/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-31.3%

6 months-52.8%

1 year-63.8%

3Y CAGR-34.5%

5Y CAGR-31.9%

10Y CAGR—

50-day avg₹25.44

200-day avg₹31.97

RSI (14)39

FAQs

What is the share price of Spencer's Retail Limited?

Spencer's Retail Limited (SPENCERS) closed at ₹19.15 on NSE on 06 Nov 2026.

What is the market cap of Spencer's Retail Limited?

₹173 crore at the latest close.

How fast is Spencer's Retail Limited growing?

Spencer's Retail Limited: revenue has compounded at -9.8% a year over three years. Latest-quarter revenue is up 3.8% year on year.

How profitable is Spencer's Retail Limited?

On a trailing-twelve-month basis return on capital employed -17.3%, operating margin 0.6%, net margin -13.4%.

How much debt does Spencer's Retail Limited have?

Debt to equity isn't meaningful for Spencer's Retail Limited (banks borrow as part of their business) or isn't filed yet.

Financials parsed from Spencer's Retail Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from DEC '18, annual from FY20, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.