Spencer's Retail Ltd. · NSE:SPENCERS
Spencer's Retail — Q4 FY22 Earnings Presentation
14 slides from Spencer's Retail's earnings presentation, May 12, 2022
Slide 1: Stock exchange cover letter: Investor updates for Q4 FY22
SRL:SEC:SE:2022-23/16 May 12, 2022 The Manager The General Manager Listing Department, Department of Corporate Service, National Stock Exchange of India Limited BSE Limited (Symbol: SPENCERS) (Scrip Code: 542337) Exchange Plaza, 5th Floor Phiroze Jeejeebhoy Tower Plot No. C/1, G-Block Dalal Street B
Slide 2: Earnings Presentation – Q4 FY22
Earnings Presentation – Q4 FY22 May-22 | RP-Sanjiv Goenka Group Presentation 1
Slide 3: Key Consolidated performance highlights
Key Consolidated performance highlights • Q1 FY22 & Q4 FY22 had a stronger lockdown impact of COVID, affecting the operating hours of business • Improvement in Profitability by 42cr, (-) 122cr FY22 vs (-) 164cr FY21 • Gross margin % at 20.7% FY22 vs 20.4% FY21 driven by improvement in Non-Food categ
Slide 4: Consolidated Financial Parameters FY22 (Quarter)
Consolidated Financial Parameters FY22 Quarter Quarter Revenue from Operation (₹ Cr) Gross Sales per Sq ft (₹) 624 17000 542 14400 Q3FY22 Q4FY22 Q3FY22 Q4FY22 Gross Margin (%) Trading Area (Mn Sq ft) 21.1% 1.45 1.47 20.2% Q3FY22 Q4FY22 Q3FY22 Q4FY22 Annualised Gross Sales per sqft May-22 | RP-Sanjiv
Slide 5: Consolidated Financial Parameters FY22 (12 Months)
Consolidated Financial Parameters FY22 12 Months 12 Months Revenue from Operation (₹ Cr) Gross Sales per Sq ft (₹) 2,428 16700 2,300 15300 FY21 FY22 FY21 FY22 Gross Margin (%) Trading Area (Mn Sq ft) 1.47 1.47 20.7% 20.4% FY21 FY22 FY21 FY22 Annualised Gross Sales per sqft May-22 | RP-Sanjiv Goenka
Slide 6: Spencer's Business Highlights
Spencer’s Business Highlights May-22 | RP-Sanjiv Goenka Group Presentation 5
Slide 7: Natures Basket Business Highlights
Natures Basket Business Highlights May-22 | RP-Sanjiv Goenka Group Presentation 6
Slide 8: ₹42cr Improvement in PBT vs 12MFY21
₹42cr Improvement in PBT vs 12MFY21 3 months ended Growth 12 months ended Consolidated (₹ Cr) 31-Mar-22 31-Dec-21 31-Mar-21 Y-o-Y Q-o-Q 31-Mar-22 31-Mar-21 542 624 592 -9% -13% Revenue from operations 2,300 2,428 Expenses: 432 493 468 Cost of Goods Sold 1,823 1,932 110 131 124 -12% -17% Gross Margin
Slide 9: ₹43cr improvement in PBT vs 12MFY21
₹ 43cr improvement in PBT vs 12MFY21 3 months ended Growth 12 months ended SRL Standalone (₹ Cr) 31-Mar-22 31-Dec-21 31-Mar-21 Y-o-Y Q-o-Q 31-Mar-22 31-Mar-21 1 - 5 New Stores added 4 5 154 153 164 Total Store count 154 164 0.13 - 0.25 TA added (Lac sq.ft) 0.53 0.25 13.57 13.42 13.74 TA exit (Lac sq
Slide 10: Continues to be EBITDA positive
Continues to be EBITDA positive 3 months ended Growth 12 months ended NBL Standalone (₹ Cr) 31-Mar-22 31-Dec-21 31-Mar-21 Y-o-Y Q-o-Q 31-Mar-22 31-Mar-21 36 36 33 Total Store count 36 33 Sustaining Gross Margin 1.08 1.08 0.93 TA exit (Lac sq.ft) 1.08 0.93 66 80 77 -15% -18% Revenue from operations 3
Slide 11: ORIPL Improved Profitability & 1.8x GMV growth
“ORIPL” Improved Profitability & 1.8x GMV growth 3 months ended Growth 12 months ended ORIPL Standalone (₹ Cr) 31-Mar-22 31-Dec-21 31-Mar-21 Y-o-Y Q-o-Q 31-Mar-22 31-Mar-21 73 64 53 1.4x 1.1x Gross Merchandise Value (GMV) 329 184 4.8 4.3 0.8 491.4% 13.3% Revenue from operations 22.1 3.8 329 Expenses
Slide 12: Consolidated Balance Sheet
Consolidated Balance Sheet As at Consolidated (₹ Cr) 31-Mar-22 31-Mar-21 A) Assets Assets 1,278 1,262 Inventories 260 267 Total Assets 1,539 1,530 B) Equity & Liabilities Equity 62 186 Other Liabilities 1,170 1,042 Trade Payables (Net) 307 301 Total Equity & Liabilities 1,539 1,530 May-22 | RP-Sanji
Slide 13: 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
Slide 14: Press release: 12 Month FY22 Highlights
Spencer’s Retail Limited 12Month FY22 – Highlights: Improvement in Profitability by ₹42 Crore (12MFY22 vs 12MFY21) 1.8x GMV Growth in Omni Channel business (12MFY22 vs 12MFY21) Q4 FY22 – Highlights: Sustaining “Out-Of-Store” 1.4x GMV Growth in Omni Channel business (Q4FY22 vs Q4FY21) Kolkata: May 12