Spencer's Retail Ltd. · NSE:SPENCERS
Spencer's Retail — Q1 FY25 Earnings Presentation
12 slides from Spencer's Retail's earnings presentation, Jul 23, 2024
Slide 1: Exchange filing cover letter for Q1 FY25 investor updates
SRL:SEC:SE:2024-25/39 July 23, 2024 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor Phiroze Jeejeebhoy Tower Plot No. C/1, G-Block Dalal Street Bandra-Kurla Complex Mumbai – 400 001 Bandra (East), (Scrip Code:542337) Mumbai – 400 051 (Symbol : SPENCERS) Dear Sir/Madam,
Slide 2: Unaudited Consolidated Financial Results Highlights, Quarter Ended June 30, 2024
Spencer’s Retail Limited Kolkata: July 22, 2024 Unaudited Consolidated Financial Results Highlights for the quarter ended June 30, 2024: Revenue for the quarter ₹ 548 Cr Gross Margin ₹ 112 Cr at 20.5 %, 90 bps YoY growth Significant improvement in EBITDA at ₹29 Cr (₹7 Cr LY Q1) and PBT (-) ₹43
Slide 3: Earnings Presentation Q1 FY25
Earnings Presentation Q1 FY25 Jul-24 | RP-Sanjiv Goenka Group Presentation 1
Slide 4: Key Consolidated performance highlights Q1
Key Consolidated performance highlights Q1 • Consolidated Business growth of (-)3.8% on YoY basis for Q1FY25 whilst enhancing the Gross margin % by 90bps at 20.5% • Spencers on a standalone basis has delivered for the quarter • (-)5.4% growth YoY basis while enhancing the Gross Margin % by 75bps at
Slide 5: Business Highlights
Business Highlights Jul-24 | RP-Sanjiv Goenka Group Presentation 3
Slide 6: Business Highlights
Business Highlights Jul-24 | RP-Sanjiv Goenka Group Presentation 4
Slide 7: Consolidated Financial Parameters FY25
Consolidated Financial Parameters FY25 Quarter Quarter Revenue from Operation (₹ Cr) Gross Sales per Sq ft (₹) 570 16900 547 548 15600 15400 Q1FY24 Q4FY24 Q1FY25 Q1FY24 Q4FY24 Q1FY25 Gross Margin (%) Trading Area (Mn Sq ft) 20.5% 1.43 19.6% 19.5% 1.37 1.37 Q1FY24 Q4FY24 Q1FY25 Q1FY24 Q4FY24 Q1FY25 G
Slide 8: Soft Sales, enhanced margins & reduced operating costs
Soft Sales, enhanced margins & reduced operating costs 12 months 3 months ended Growth SRL Standalone (₹ Cr) ended 30-Jun-24 31-Mar-24 30-Jun-23 Y-o-Y Q-o-Q 31-Mar-24 1 2 1 New Stores added 2 136 133 152 Total Store count 133 0.13 0.11 0.03 TA added (Lac sq.ft) 0.11 12.57 12.51 13.29 TA exit (Lac sq
Slide 9: Business Growth of 8% with enhanced Margins
Business Growth of 8% with enhanced Margins 12 months 3 months ended Growth NBL Standalone (₹ Cr) ended 30-Jun-24 31-Mar-24 30-Jun-23 Y-o-Y Q-o-Q 31-Mar-24 33 34 34 Total Store count 34 1.16 1.20 1.03 TA exit (Lac sq.ft) 1.20 72 70 67 8% 4% Revenue from operations 296 52 50 49 6% 5% Cost of Goods So
Slide 10: ORIPL Financials
ORIPL Financials 12 months 3 months ended Growth ORIPL Standalone (₹ Cr) ended 30-Jun-24 31-Mar-24 30-Jun-23 Y-o-Y Q-o-Q 31-Mar-24 77 76 77 0.2% 1.4% Gross Merchandise Value (GMV) 313 5.4 5.2 5.3 1.7% 2.5% Revenue from operations 21.6 2.6 2.7 2.4 5% -5% Employee expenses 9.8 4.1 2.7 2.6 57% 49% Othe
Slide 11: Consolidated Financials
Consolidated Financials 12 months 3 months ended Growth Consolidated (₹ Cr) ended 30-Jun-24 31-Mar-24 30-Jun-23 Y-o-Y Q-o-Q 31-Mar-24 548 547 570 -3.8% 0.3% Revenue from operations 2,345 Expenses: 436 440 458 Cost of Goods Sold 1,872 112 107 112 1% 5% Gross Margin 473 GM % improved across 20.5% 19.5
Slide 12: Thank You
Thank You About Spencer’s Retail Limited: Spencer’s Retail Limited, part of RP-Sanjiv Goenka Group, is a multi-format retailer providing a wide range of quality products across categories such as FMCG, fashion, food, staples, general merchandise, personal care, home essentials, electrical and electr