Spencers Retail Ltd Stock Analysis

BSE: 542337 | NSE: SPENCERS | Retailing | Small Cap

BSE Share Price 06-Dec-2022 10:39
70.00 0.80 (1.16%)

DeciZen - Make an Informed Decision on Spencers Retail

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

Spencers Retail Price Chart

P/E Ratio (CD) :
0.00
Market Cap :
623.7 Cr.
52-wk low :
62.4
52-wk high :
114.2
Bole Toh?

1. Is Spencers Retail Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Spencers Retail Ltd is a below average quality company.

2. Is Spencers Retail Ltd undervalued or overvalued?

The key valuation ratios of Spencers Retail Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Spencers Retail Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Spencers Retail Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Spencers Retail:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Spencers Retail Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 0%0%0%0%0%-2.2%0.9%-16.3%-25%-18.7%-
Value Creation Index NANANANANA-1.2-0.9-2.2-2.8-2.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 000001,0432,1872,6452,4282,3002,436
YoY Gr. Rt. %-NANANANANA109.7%20.9%-8.2%-5.3%-
Adj EPS 000000-0-17.4-19.7-16.5-17.4
YoY Gr. Rt. %-NANANANANANANANANA-
BVPS (₹) 00000068.234.120.76.8-2.9
Adj Net Profit 00000-14.5-0.2-140-178-149-157
Cash Flow from Ops. 00000-47.8-12.9114-2.454.6-
Debt/CF from Ops. 00000-0-0.11.7-105.16.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA1.7%-5.3%
Adj EPS NANANANA
BVPS 00-53.6-66.9
Share Price - - 3.8% -32.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 00000-2.7-0-34.1-77.2-119.8-877.8
Op. Profit Mgn % 00000-0.40.42.20.30.70.5
Net Profit Mgn % 00000-1.4-0-5.3-7.3-6.5-6.4
Debt to Equity 00000000.71.45.9-
Working Cap Days 0000007153585958
Cash Conv. Cycle 000000-8-9-11-100

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years 1.69%

Debt to equity has increased versus last 3 years average to 5.87

Sales growth is not so good in last 4 quarters at 2.11%

Latest Financials - Spencers Retail Ltd.

Standalone Consolidated
TTM EPS (₹) -11.4 -17.4
TTM Sales (₹ Cr.) 2,156 2,436
BVPS (₹.) 22.1 -2.9
Reserves (₹ Cr.) 154 -71
P/BV 3.13 -24.16
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 62.40 / 114.20
All Time Low / High (₹) 51.92 / 227.45
Market Cap (₹ Cr.) 624
Equity (₹ Cr.) 45.1
Face Value (₹) 5
Industry PE 92

Management X-Ray of Spencers Retail :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Spencers Retail

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Spencers Retail Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Spencers Retail on 06-Dec-2022 10:39 is : 70.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 06-Dec-2022 10:39 the market cap of Spencers Retail stood at ₹ 623.7.
The latest PE ratio of Spencers Retail as of 06-Dec-2022 10:39 is 0.00.
The latest PB ratio of Spencers Retail as of 06-Dec-2022 10:39 is 3.13
The 52-week high of Spencers Retail is ₹ 114.2 and the 52-week low is ₹ 62.40.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Spencers Retail is ₹ 2,156 ( Cr.) .

About Spencers Retail Ltd

Since 1863, Spencer’s has been a part of the Indian retail landscape. At one time, the Spencer’s Empire stretched from Peshawar to Cochin, from Karachi to Chittagong, spanning the length and width of undivided India. Originally owned by a British gentleman - yes, there was a Mr. Spencer (John William Spencer, to be precise) - it acquired Indian ownership in the 1960s, and became part of the RPG Group in 1989.

In 1995, RPG Enterprises, the flagship company of the RPG Group, launched 'Foodworld' as a joint venture with Hong-Kong based Dairy Farm International. The joint venture, which operated supermarkets under thename 'Foodworld' and hypermarkets under the name 'Giant', was terminated in 2006. RPG retained 48 of the 93 stores it owned. These were re-furbished and their launch under the brand name, Spencer’s, kicked off a new phase in both the history of the Spencer’s brand, and retail in India.

Since inception Spencer’s has been a consumer-centric brand, constantly innovating, pioneering formats, evolving over time but always keeping consumer needs and satisfaction center-stage. Back in 1920, the company was the first grocery chain in India. In 1980, it became the first supermarket chain, and in 2001, it introduced India to the joys of hypermarket shopping.

What has remained unchanged for 150 years is the trust that the Spencer’s brand evokes. To the consumer, it carries the promise of innovation, quality, and service; the confidence that they will always be able to find a Spencer’s store at a convenient location; that it will have a pleasant ambience; and that it will offer a wide range of products at affordable prices.

Business area of the company

Spencer's Retail is a modern retailer providing a wide range of quality products to discerning young customers - well-travelled citizens of the world, looking out for authentic flavors and experiences in a fun-filled shopping environment. Its brand positioning -Makes Fine Living Affordable- embodies this approach, delighting shoppers with the best products and services that enable a fine living at reasonable prices while providing them with a warm, friendly and knowledgeable retail environment.

Spencer’s operates 2 distinct retail formats:

Convenience stores: These are neighborhood stores that cater to the daily and weekly top-up shopping needs of consumers. Ranging from 1,500 to 15,000 sq. ft. in size, they stock an assortment of fruits and vegetables, food and non-food FMCG products, staples and frozen foods. The larger of these stores, having a floor area of more than 10,000 sq.ft., usually also offer a selected range of baked goodies, frozen foods, personal and home care products, baby care essentials, basic wear and electrical equipment.

Hypermarkets: Spencer's hypermarkets are megastores that combine a supermarket with a department store. Ranging from 15,000 sq. ft to over 50,000 sq. ft. in size, they stock a wide and deep assortment of food, fashion, home and personal care, general merchandise, electrical and electronics, staples, frozen foods, and specialty sections, all under one roof.

Awards

  • 2001: Rabo india Finance, F&A award for the year 2001
  • 2004: Retail Asia Pacific, Best of the best, 2004
  • 2004: Retail Asia Pacific, Top retailer 2004
  • 2005: Retail Asia Pacific,Top retailer 2005
  • 2005: ICICI Bank retail excellence award 2005
  • 2006: “Turnaround Retailer of the Year”, 2006
  • 2007: India Retail Forum 'Most Evolved Retailer of the Year', India Retail Forum, 2007
  • 2008: Food Forum of India Coca Cola Golden Spoon “Most Admired Food & Grocery Retailer, Convenience and Express Formats”, 2008
  • 2009: Spencer's was awarded the first runners-up in the Visual Merchandizing Category at the In-store Asia, 2009.
  • 2010: SAP ACE Award For Customer Excellence, 2010
  • 2010: Ranked 47th Among Top 50 service Brands in India, 2010 in the Brand Equity – AC Nielson Brand Survey, 2010.
  • 2010: Ranked 3rd Among the Most Trusted Brands in Retail. 2010 in the Brand Equity – AC Nielson Brand Survey, 2010.
  • 2010: BEST PRACTICE AWARD, National FMCG meet, 2010
  • 2011: Images Excellence Award For Pioneering Retail in East at the “East India Retail Summit Awards, 2011
  • 2013: Ranked 2nd in India’s most respected companies in Retail in a study conducted by Business World in 2013.
  • 2013: Spencer’s Retail wins the Most Admired Hypermarket Retailer of the Year at Images Retail Awards 2013.
  • 2013: “Most Admired Retail Company of the Year (East India) at the East India Retail Summit 2013.
  • 2014: “Most Admired Food & Grocery Retailer of the Year Award for Largest Expansion, Highest Trading Density, & Same Store Sales Growth.”, 2014.
  • 2014: “Best VM & Retail Design in the category Hypermarkets ( >15,000 sq.ft)”, 2014
  • 2014: Spencer’s Retail wins Commendation Certificate for Strong Commitment to Excel in Food Safety for Quest Hyper, Kolkata by CII National Awards for Food Safety - 2014
  • 2016: Spencer's Retail has won Coca Cola Golden Spoon Awards as the Most Admired Food & Grocery Retailer of the Year for Merchandising, Marketing, Consumer Promotions & Customer Service at the India Food Forum 2016 held in Mumbai last evening.
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