Spencer's Retail Ltd. · NSE:SPENCERS
Spencer's Retail — Q1 FY24 Earnings Presentation
12 slides from Spencer's Retail's earnings presentation, Aug 10, 2023
Slide 1: Exchange cover letter: Investor updates for quarter ended June 30, 2023
SRL:SEC:SE:2023-24/42 August 10, 2023 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 Bandra-Kurla Complex Mumbai – 400 001 Bandra (East), (Scrip Code:542337) Mumbai – 4
Slide 2: Q1 FY24 Highlights: Business Growth of 5% QoQ with high Non-Food Mix
Spencer’s Retail Limited Q1 FY24 – Highlights: Business Growth of 5% QoQ with high Non-Food Mix Improvement in Gross Margins % by 33bps at 19.6% OMNI Channel Business is operationally profitable at GMV of ₹62crore, 2 Stores added during the year having Trading Area of 5.7k sq.ft. Kolkata: Aug 10, 20
Slide 3: Earnings Presentation – Q1 FY24
Earnings Presentation – Q1 FY24 Aug-23 | RP-Sanjiv Goenka Group Presentation 1
Slide 4: Key Consolidated performance highlights
Key Consolidated performance highlights • FY23 business growth of 5% QoQ and improving Gross margin % at 19.6% in Q1FY24 driven by Business growth in both Food & Non-Food category mix (i.e. General Merchandise & Apparel) • Highest ever Non-Food Mix reported this Quarter in last 4 years • Our OMNI Ch
Slide 5: Consolidated Financial Parameters FY24
Consolidated Financial Parameters FY24 Quarter Quarter Revenue from Operation (₹ Cr) Gross Sales per Sq ft (₹) 570 15500 543 14900 Q4FY23 Q1FY24 Q4FY23 Q1FY24 Gross Margin (%) Trading Area (Mn Sq ft) 19.6% 1.44 1.43 19.3% Q4FY23 Q1FY24 Q4FY23 Q1FY24 Gross Sales per sqft calculated on Annualised Basi
Slide 6: Spencers Highlights
Spencers Highlights Aug-23 | RP-Sanjiv Goenka Group Presentation 4
Slide 7: Natures Basket Highlights
Natures Basket Highlights Aug-23 | RP-Sanjiv Goenka Group Presentation 5
Slide 8: Business Growth of 4% vs Q4FY23
Business Growth of 4% vs Q4FY23 12 months 3 months ended Growth SRL Standalone (₹ Cr) ended 30-Jun-23 31-Mar-23 30-Jun-22 Y-o-Y Q-o-Q 31-Mar-23 1 2 2 New Stores added 7 152 151 155 Total Store count 151 0.03 0.13 0.31 TA added (Lac sq.ft) 0.75 13.29 13.36 13.57 TA exit (Lac sq.ft) 13.36 503 482 555
Slide 9: Business Growth of 8% vs Q4FY23
Business Growth of 8% vs Q4FY23 12 months 3 months ended Growth NBL Standalone (₹ Cr) ended 30-Jun-23 31-Mar-23 30-Jun-22 Y-o-Y Q-o-Q 31-Mar-23 34 35 35 Total Store count 35 1.03 1.07 1.07 TA exit (Lac sq.ft) 1.07 67 62 67 1% 8% Revenue from operations 274 49 45 47 5% 9% Cost of Goods Sold 197 18 17
Slide 10: ORIPL Standalone
ORIPL Standalone 12 months 3 months ended Growth ORIPL Standalone (₹ Cr) ended 30-Jun-23 31-Mar-23 30-Jun-22 Y-o-Y Q-o-Q 31-Mar-23 62 76 73 0.8x 0.8x Gross Merchandise Value (GMV) 302 5.3 5.0 5.1 4.2% 4.7% Revenue from operations 20.8 Expenses: 2.4 2.4 2.0 24% 2% Employee expenses 8.4 2.6 2.4 3.3 -2
Slide 11: Consolidated Business Growth of 5% vs Q4FY23
Consolidated Business Growth of 5% vs Q4FY23 12 months 3 months ended Growth Consolidated (₹ Cr) ended 30-Jun-23 31-Mar-23 30-Jun-22 Y-o-Y Q-o-Q 31-Mar-23 570 543 621 -8.2% 5% Revenue from operations 2,453 Expenses: 458 439 493 Cost of Goods Sold 1,960 112 105 128 -13% 7% Gross Margin 493 19.6% 19.3
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