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Spencers Retail Ltd

Spencers Retail Ltd (SPENCERS)

₹92.75▲0.16%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Spencers Retail Ltd share Performance

₹92.4
₹95.05
₹92.75
0.38%
Low
Day's Volatility:2.86%
High
2.48%
₹56.5
₹139.3
₹92.75
39.08%
Low
52 Weeks Volatility:89.27%
High
50.19%

Returns %
1 Month Return	-2.62 %
3 Month Return	-23.35 %
1 Year Return	+ 51.43 %

Market Stats
Previous Close	₹₹92.90
Open	₹₹93.00
Volume	₹1.38L
Upper Circuit	₹-
Lower Circuit	₹-
Market Cap	₹₹837.33Cr

Company Information

Spencers Retail Limited is an Indian contemporary retailer owned by the RP Sanjiv Goenka Group, based in Kolkata. It is one of the top players in the FMCG space, and has a portfolio of products in food and non-food items, including fashion staples, general merchandise, personal care, home essentials, electrical and electronics, and Spencers Gourmet Patisserie and Wine and Liquor. It has presence in 42 Indian cities, operating nearly 190 stores, including 36 Natures Basket stores. It operates two retail formats with stores ranging up to 5000 sq. ft. and over 5000 sq. ft. The Company acquired Natures Basket in July 2019 and opened 14 stores in 2021, including 2 Natures Basket stores. It opened 8 stores, both in Spencers and Natures Basket in 2022. As of March 2020, it had two wholly owned subsidiaries M/s. Omnipresent Retail India Private Limited and M/s. Natures Basket Limited.

Share Price: ₹92.75 per share as on 16 May, 2024 04:01 PM
Market Capitalisation: ₹837.33Cr as of today
Revenue: ₹546.79Cr as on March 2024 (Q1 24)
Net Profit: ₹-80.69Cr as on March 2024 (Q1 24)
Listing date: 01 Jan, 0001
Chairperson Name: Shashwat Goenka

Organisation	Spencers Retail Ltd
Headquarters	Kolkata
Industry	Retail
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Key events for Spencers Retail Ltd

Spencers Retail Ltd Shares Drop 27% in a Month - 27 Mar, 2024
Spencers Retail Ltd shares have dropped by 27% in the past month, undoing prior positive performance. Despite being up 62% in the last year, the company's shrinking revenue has resulted in a low price-to-sales ratio and shareholders accepting this as future revenue is not expected to improve. Unless conditions change, share prices may continue to face barriers.
Spencers Retail's Key Decisions Influenced by Private Companies - 15 Mar, 2024
Private companies hold around 50% of Spencers Retail, making them the largest stockholders. Last week's 11% price drop resulted in a market cap fall of ₹1.0b, causing private companies to endure the highest losses.
Spencers Retail Chairman Confident of Turning Consumer Business Profitable - 13 Mar, 2024
Shashwat Goenka, chairman of Spencers Retail and Natures Basket, is confident that the RP-Sanjiv Goenka Group will be able to turn its consumer business profitable in the next two to three years. In an interview, he talks about his plans for the group's consumer brands and renewed focus on e-commerce.

Fundamentals of Spencers Retail Ltd

Insights on Spencers Retail Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 8.83% to 9.38% in Mar 2024 quarter
NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 58.81% of holdings in Mar 2024 quarter
NO EFFECT
Against Peers
In the last 3 years, Archies Ltd has given 129.8% return, outperforming this stock by 97.5%
NO EFFECT
Against Peers
In the last 1 year, Rose Merc. Ltd has given 151.5% return, outperforming this stock by 100.1%
NEGATIVE IMPACT
Price Dip
In the last 3 months, SPENCERS stock has moved down by -23.4%
NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, -51.2 Cr → -80.69 Cr (in ₹), with an average decrease of 57.6% per quarter
NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 660.26 Cr → 551.15 Cr (in ₹), with an average decrease of 16.5% per quarter
NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 30.20% to 29.66% in Mar 2024 quarter