Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Spencer's Retail
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 543 | 570 | 574 | 654 | 547 | 548 | 518 | 517 | 412 | 416 | 445 | 503 | 436 |
| Expenses + | 546 | 575 | 581 | 642 | 559 | 547 | 563 | 505 | 423 | 423 | 449 | 496 | 443 |
| Operating Profit | -3 | -5 | -7 | 12 | -12 | 1 | -45 | 12 | -11 | -7 | -4 | 7 | -7 |
| OPM % | -0% | -1% | -1% | 2% | -2% | 0% | -9% | 2% | -3% | -2% | -1% | 1% | -2% |
| Other Income + | 6 | 12 | 3 | 6 | 4 | 28 | 61 | 3 | 11 | 11 | 4 | 1 | 9 |
| Interest | 33 | 34 | 36 | 38 | 41 | 43 | 40 | 41 | 41 | 40 | 41 | 43 | 45 |
| Depreciation | 32 | 38 | 31 | 32 | 32 | 30 | 64 | 22 | 27 | 26 | 23 | 23 | 23 |
| Profit before tax | -61 | -64 | -70 | -51 | -81 | -44 | -87 | -47 | -68 | -62 | -64 | -58 | -66 |
| Tax % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
| Net Profit + | -61 | -64 | -70 | -51 | -81 | -43 | -87 | -47 | -68 | -62 | -64 | -58 | -66 |
| EPS in Rs | -6.79 | -7.12 | -7.78 | -5.68 | -8.95 | -4.82 | -9.67 | -5.25 | -7.59 | -6.84 | -7.08 | -6.47 | -7.28 |
Financials of Spencer's Retail
Annual income statement trend
| Mar 2018 13m | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,149 | 2,187 | 2,645 | 2,428 | 2,300 | 2,453 | 2,345 | 1,995 | 1,800 |
| Expenses + | 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% |
| Other Income + | 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% |
| Net Profit + | -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% |
Financials of Spencer's Retail
Capital structure and asset base
| 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 |
| Borrowings + | 1 | 0 | 849 | 944 | 1,069 | 1,341 | 1,622 | 1,571 | 1,919 |
| Other Liabilities + | 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 |
| Fixed Assets + | 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 |
| Other Assets + | 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 |
Financials of Spencer's Retail
Operating, investing and financing cash movement
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -48 | -13 | 114 | -2 | 55 | 27 | 35 | 37 | |
| Cash from Investing Activity + | -189 | 22 | -7 | -18 | -40 | -26 | 11 | -20 | |
| Cash from Financing Activity + | 38 | -0 | -54 | -3 | -54 | -5 | -28 | -27 | |
| Net Cash Flow | -199 | 9 | 53 | -24 | -40 | -4 | 18 | -10 | |
| Free Cash Flow | -55 | -58 | 71 | -25 | 31 | 1 | 3 | 21 | |
| CFO/OP | 1,079% | -107% | 212% | 23% | 219% | 271% | -364% | -83% |
Financials of Spencer's Retail
Working capital efficiency and return ratios
| 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% |