BSE:542337

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Executive Summary

Spencer's Retail Limited, together with its subsidiaries, engages in developing, conducting, investing, and promoting organized retail business in India.


Snowflake Analysis

Slightly overvalued with imperfect balance sheet.


Similar Companies

Share Price & News

How has Spencer's Retail's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 542337's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.3%

542337

1.1%

IN Consumer Retailing

2.9%

IN Market


1 Year Return

14.6%

542337

67.8%

IN Consumer Retailing

-4.9%

IN Market

Return vs Industry: 542337 underperformed the Indian Consumer Retailing industry which returned 68.2% over the past year.

Return vs Market: 542337 exceeded the Indian Market which returned -5.3% over the past year.


Shareholder returns

542337IndustryMarket
7 Day-0.3%1.1%2.9%
30 Day5.7%-5.3%5.8%
90 Day33.7%-3.1%18.5%
1 Year14.6%14.6%67.8%67.8%-3.0%-4.9%
3 Yearn/a152.8%152.8%1.5%-3.3%
5 Yearn/a40.9%38.6%26.8%17.0%

Price Volatility Vs. Market

How volatile is Spencer's Retail's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Spencer's Retail undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 542337 (₹98.45) is trading below our estimate of fair value (₹307.8)

Significantly Below Fair Value: 542337 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 542337 is unprofitable, so we can't compare its PE Ratio to the Consumer Retailing industry average.

PE vs Market: 542337 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 542337's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 542337 is overvalued based on its PB Ratio (2.9x) compared to the IN Consumer Retailing industry average (0.9x).


Next Steps

Future Growth

How is Spencer's Retail forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

14.1%

Forecasted Consumer Retailing industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Spencer's Retail has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Spencer's Retail performed over the past 5 years?

-1362.1%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: 542337 is currently unprofitable.

Growing Profit Margin: 542337 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 542337's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare 542337's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 542337 is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (-13.2%).


Return on Equity

High ROE: 542337 has a negative Return on Equity (-47.74%), as it is currently unprofitable.


Next Steps

Financial Health

How is Spencer's Retail's financial position?


Financial Position Analysis

Short Term Liabilities: 542337's short term assets (₹4.3B) do not cover its short term liabilities (₹6.4B).

Long Term Liabilities: 542337's short term assets (₹4.3B) do not cover its long term liabilities (₹6.8B).


Debt to Equity History and Analysis

Debt Level: 542337's debt to equity ratio (62.5%) is considered high.

Reducing Debt: Insufficient data to determine if 542337's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 542337 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 542337 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 105.5% per year.


Next Steps

Dividend

What is Spencer's Retail current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 542337's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 542337's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 542337's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 542337's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 542337's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average management tenure


CEO

Devendra Chawla (48yo)

1.42yrs

Tenure

Mr. Devendra Chawla has been Chief Executive Officer and Managing Director of Spencer's Retail Limited since February 11, 2019. In his career spanning over 23 years with consumer facing industries, Mr. Cha ...


Leadership Team

NamePositionTenureCompensationOwnership
Devendra Chawla
CEO, MD & Director1.42yrsno datano data
Rama Kant
Company Secretary & Compliance Officer1.42yrs₹2.29mno data
Rahul Nayak
Whole-Time Director1.67yrsno datano data
Kumar Tanmay
Chief Financial Officer0.92yrno datano data

1.4yrs

Average Tenure

Experienced Management: 542337's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Devendra Chawla
CEO, MD & Director1.42yrsno datano data
Rahul Nayak
Whole-Time Director1.67yrsno datano data
Sanjiv Goenka
Non-Executive Non-Independent Chairmanno data₹150.00k0.11% 9.3m
Debanjan Mandal
Non-Executive Independent Director1.42yrsno datano data
Utsav Parekh
Non-Executive Independent Director1.67yrs₹250.00kno data
Pratip Chaudhuri
Non-Executive Independent Director1.67yrs₹250.00kno data
Shashwat Goenka
Non-Executive Non-Independent Director1.67yrs₹150.00k0.084% 7.0m
Rekha Sethi
Non-Executive Independent Director1.67yrsno datano data

1.7yrs

Average Tenure

52.5yo

Average Age

Experienced Board: 542337's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Spencer's Retail Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Spencer's Retail Limited
  • Ticker: 542337
  • Exchange: BSE
  • Founded: 1863
  • Industry: Hypermarkets and Super Centers
  • Sector: Consumer Retailing
  • Market Cap: ₹8.319b
  • Shares outstanding: 79.53m
  • Website: https://www.spencersretail.com

Location

  • Spencer's Retail Limited
  • Duncan House
  • 31, Netaji Subhas Road
  • Kolkata
  • West Bengal
  • 700001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
542337BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2019
SPENCERSNSEI (National Stock Exchange of India)YesEquity SharesININRJan 2019

Biography

Spencer's Retail Limited, together with its subsidiaries, engages in developing, conducting, investing, and promoting organized retail business in India. It operates departmental and neighborhood stores under various formats, as well as hypermarkets. The company offers a range of products, including food, personal care, fashion and accessories, home essentials, electrical, and electronics, as well as various specialties, non-foods, general merchandise, apparel, and consumer durables. It also provides food, personal care, fashion, and home utility items primarily under the Spencer’s Smart Choice, Tasty Wonders, Clean Home, Maroon, 2Bme, Smart Choice, Trusted Value, Care & Essentialz, and Besser brands. As of March 31, 2019, the company operated 156 stores. In addition, it engages in online retail business; and offers delivery agency services. The company was formerly known as RP-SG Retail Limited and changed its name to Spencer's Retail Limited in December 2018. Spencer's Retail Limited was founded in 1863 and is headquartered in Kolkata, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/08 12:59
End of Day Share Price2020/07/08 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.