Spencer's Retail Ltd. · NSE:SPENCERS
Spencer's Retail — Q3 FY20 Earnings Presentation
13 slides from Spencer's Retail's earnings presentation, Feb 11, 2020
Slide 1: Exchange filing cover letter: Investor Update on Q3 FY20 results
RP- Sanjiv Goenka Group MAKES FINE LIVING affordable Growing Legacies SRL:SEC:SE:2019-20/126 11 February, 2020 The Manager The General Manager Listing Department, Department of Corporate Service, National Stock Exchange of India Limited BSELimited (Symbol: SPENCERS) (Scrip Code: 542337) Exchange Pla
Slide 2: Earnings Presentation – Q3 FY20
Spencer’s Retail Limited Earnings Presentation – Q3 FY20 Feb-20 | RP-Sanjiv Goenka Group Presentation 1
Slide 3: Key performance highlights
Key performance highlights Scale Efficiency ₹ 607 Cr. ₹ 1,820 Cr. >34% >35% Q3 FY20 9M FY20 Q3 FY20 Revenue 9M FY20 Revenue Operating Operating from Non-Food from Non-Food Revenue Revenue Categories Categories ~ 0.25 lac sq. ft. ~ 0.64 lac sq. ft. 21.1% 21.1% Trading Area Trading Area 9M FY20 Q3 FY2
Slide 4: Key performance highlights
Key performance highlights For Q3FY20 For 9M FY20 • Revenue growth of (-)0.8% (QoQ) • Revenue growth of 9% (YoY) • Gross Margin % stands at 21.1% • Gross Margin % stands at 21.1% • EBITDA of ₹ 24.7 Cr* and PAT of • EBITDA of ₹ 82.8 Cr* and PAT of ₹ (-) 17.1 Cr* ₹ (-) 31.8 Cr* • New 3 stores opened i
Slide 5: Financial Parameters FY20
Financial Parameters FY20 Quarter 9 Months Revenue from Operation (₹ Cr) Revenue from Operation (₹ Cr) 1,820 612 607 1,664 573 Q3 FY19 Q2 FY20 Q3 FY20 9M FY19 9M FY20 Gross Margin (%) Gross Margin (%) 21.2% 21.3% 21.1% 21.2% 21.1% Q3 FY19 Q2 FY20 Q3 FY20 9M FY19 9M FY20 Financial numbers are of Stan
Slide 6: Operational Parameters FY20
Operational Parameters FY20 Quarter 9 Months Store Count (Nos) Store Count (Nos) 161 163 163 147 147 Q3 FY19 Q2 FY20 Q3 FY20 9M FY19 9M FY20 Trading Area (Mn Sq ft) Trading Area (Mn Sq ft) 1.43 1.43 1.41 1.30 1.30 Q3 FY19 Q2 FY20 Q3 FY20 9M FY19 9M FY20 Financial numbers are of Standalone business.
Slide 7: Operational Parameters FY20
Operational Parameters FY20 Quarter 9 Months Gross Sales per Sq ft (₹) Gross Sales per Sq ft (₹) 4700 4600 14200 4400 13400 Q3 FY19 Q2 FY20 Q3 FY20 9M FY19 9M FY20 *Gross Sale includes Taxes *Gross Sale includes Taxes Gross Sales per sq ft calculated on Standalone basis for Quarter ended Gross Sales
Slide 8: Standalone Financials – Profit & Loss
Standalone Financials – Profit & Loss 3 months ended Growth 9 months ended Standalone (₹ Cr) 31-Dec-19 30-Sep-19 31-Dec-18 Y-o-Y Q-o-Q 31-Dec-19 31-Dec-18 3 3 9 New Stores added 10 19 163 161 147 11% 1% Total Store count 163 147 0.25 0.23 0.53 TA added (Lac sq.ft) 0.64 1.37 14.29 14.06 12.97 10% 2%
Slide 9: Business Integration
Business Integration Business Integration underway Corporate • Cultural integration culture alignment Process • Ensuring continuity of customer experience and alignment & Rapid and effective expand business knowledge customer transfer base • Store profitability actions Post Merger • Shutdown of 3 Lo
Slide 10: Standalone Financials – Profit & Loss (Nature's Basket)
Standalone Financials – Profit & Loss 3 months ended Growth For the period Standalone (₹ Cr) 5th Jul'19 - 5th Jul'19 - 31-Dec-19 Q-o-Q 30th Sep'19 31st Dec'19 - - New Stores added - 33 36 -8% Total Store count 33 - - TA added (Lac sq.ft) - 0.89 0.91 -2.5% TA exit (Lac sq.ft) 0.89 94.4 87.9 7.4% Reve
Slide 11: Consolidated Financials – Profit & Loss
Consolidated Financials – Profit & Loss 3 months ended Growth 9 months ended Consolidated (₹ Cr) 31-Dec-19 30-Sep-19 31-Dec-18 Y-o-Y Q-o-Q 31-Dec-19 31-Dec-18 699.8 699.5 573.5 22.0% 0.0% Revenue from operations 2,000.0 1,663.7 549.4 548.5 451.6 Cost of Goods Sold 1,573.0 1,310.4 150.4 150.9 121.9 2
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
Slide 13: Press release: Q3 FY20 highlights
Spencer’s Retail Limited Q3 FY20 – Highlights: Revenue from Operations at ₹ 700 Crore (22% YoY growth); Gross Margin stands at 21.5% (21.2% in Q3FY19); Opened 3 new stores of Spencer’s. Standalone basis Spencer’s Revenue from Operations grew 6% YoY. Kolkata: February 11, 2020: Spencer’s Retail Ltd r