SPENCERSNSESpencer's Retail LimitedMediumNeutral
Announced Thu, 21 May · 18:52 IST

Spencer's Retail Limited has informed the Exchange about Investor Presentation

Investor Communications View source PDF

SPENCERS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹37.57
prior close
₹37.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.3-0.0+0.5-1.2+0.9-1.5-0.7-4.2-7.8-2.4+0.9-7.4
Up moveDown movePending
AI summary

Spencer's Retail reported Q4 consolidated revenue of Rs 436 Cr, up 6% YoY, driven by Spencer's (8.1% growth to Rs 379 Cr) while Natures Basket declined 9% to Rs 55 Cr. Q4 EBITDA turned positive at Rs 2.2 Cr vs a loss of Rs 0.2 Cr last year. For FY26, consolidated revenue fell 9.8% to Rs 1,800 Cr due to store closures (Spencer's -10.5% like-for-like flat excluding closed stores). The company achieved gross margin improvement of 92 bps to 20.5% and Spencer's EBITDA margin expanded 96 bps to 19%. Operating expenses were cut significantly by Rs 54 Cr YoY, including a Rs 75 Cr reduction at Spencer's through region closures and corporate office savings. Despite operational progress, consolidated PBT remained deeply negative at Rs -250 Cr for FY26.

Likely market impact

The company is making slow but real progress on the path to break-even through cost control and margin improvement, but the stock faces continued headwinds from persistent losses and declining revenue, making it a high-risk turnaround play.