Spencer's Retail Ltd. · NSE:SPENCERS
Spencer's Retail — Q4 FY21 Earnings Presentation
13 slides from Spencer's Retail's earnings presentation, Jul 12, 2021
Slide 1: Cover letter to stock exchanges: investor update Q4 FY21
SRL:SEC:SE:2021-22/25 July 12, 2021 The Manager The General Manager Listing Department, Department of Corporate Service, 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 Ba
Slide 2: Earnings Presentation – Q4 FY21
Earnings Presentation – Q4 FY21 Jul-21 | RP-Sanjiv Goenka Group Presentation 1
Slide 3: Key Consolidated performance highlights
Key Consolidated performance highlights • Improvement in Profitability despite 8% lower sales (Q4FY21 vs Q4 FY20) • Despite restrictions on selling non essentials during part of the period, recovery of Sales from non-food categories reached ~89% • Inspite of slower recovery in higher margin Non-food
Slide 4: Consolidated Financial Parameters FY21 (Quarter)
Consolidated Financial Parameters FY21 Quarter Quarter Revenue from Operation (₹ Cr) Gross Sales per Sq ft (₹) 672 4700 4400 592 Q3FY21 Q4FY21 Q3FY21 Q4FY21 Gross Margin (%) Trading Area (Mn Sq ft) 1.47 21.1% 1.44 5 Stores 19.9% added during the qtr Q3FY21 Q4FY21 Q3FY21 Q4FY21 Jul-21 | RP-Sanjiv Goe
Slide 5: Consolidated Financial Parameters FY21 (YTD)
Consolidated Financial Parameters FY21 YTD YTD Revenue from Operation (₹ Cr) Gross Sales per Sq ft (₹) 2,645 2,428 18600 16700 FY20 FY21 FY20 FY21 Gross Margin (%) Trading Area (Mn Sq ft) 21.4% 1.46 1.47 20.4% 12 Stores added during the year FY20 FY21 FY20 FY21 Jul-21 | RP-Sanjiv Goenka Group Presen
Slide 6: 92% Recovery Pre-COVID Levels
92% Recovery Pre-COVID Levels period ended Growth 12 months ended Consolidated (₹ Cr) 31-Mar-21 31-Dec-20 31-Mar-20 Y-o-Y Q-o-Q 31-Mar-21 31-Mar-20 592 672 641 -8% -12% Revenue from operations 2,428 2,645 467 538 501 Cost of Goods Sold 1,932 2,079 125 134 140 -10% -7% Gross Margin 496 566 21.1% 19.9
Slide 7: 94% Recovery Pre-COVID Levels (Standalone)
94% Recovery Pre-COVID Levels 3 months ended Growth 12 months ended Standalone (₹ Cr) Trading Area of 1.01lacs 31-Mar-21 31-Dec-20 31-Mar-20 Y-o-Y Q-o-Q 31-Mar-21 31-Mar-20 Sq.ft added during the 5 7 1 New Stores added 12 10 year 164 160 160 Total Store count 164 160 0.25 0.76 0.02 TA added (Lac sq.
Slide 8: Gross Margin Improvement by 417bps
EBITDA improvement 1.5X Gross Margin Improvement by 417bps 3 months ended Growth 12 months ended Standalone (₹ Cr) 31-Mar-21 31-Dec-20 31-Mar-20 Y-o-Y Q-o-Q 31-Mar-21 31-Mar-20 Trading Area ~8k sqft 33 31 31 Total Store count 33 31 added (2 stores) 0.93 0.84 0.88 TA exit (Lac sq.ft) 0.93 0.88 during
Slide 9: Consolidated Financials – Balance Sheet
Consolidated Financials – Balance Sheet As at Consolidated (₹ Cr) 31-Mar-21 31-Mar-20 A) Assets Assets 1,262 1,279 Inventories 267 248 Total Assets 1,530 1,527 B) Equity & Liabilities Equity 186 274 Other Liabilities 1,042 946 Trade Payables (Net) 301 308 Total Equity & Liabilities 1,530 1,527 *Natu
Slide 10: Business Highlights
Business Highlights Moving towards OMNI Channel Gifting as a Service Major shift of gear in direct to Personalized gifting customer channel delivered at your doorstep Celebrating Consumer Events • Republic Day • Holi • Makarsankranti Jul-21 | RP-Sanjiv Goenka Group Presentation 9
Slide 11: Business Highlights
Business Highlights Strengthening our Health Positioning Superior Convenience to customers • Strengthening Health positioning of Stores • Delivery of Fresh & Fast service in 90mins • Convenience for both Online & Home Delivery • Offerings to communicate & strengthen our product offerings customers J
Slide 12: Online Business Growth >6.5X
Online Business Growth >6.5X • ORIPL is an E-commerce company 100% owned Subsidiary of Spencer’s Retail Limited • Online store for Food, Grocery, Fresh, Apparel and General Merchandise and Liquor In India, Online penetration to reach E-commerce market is expected to be $99bn 10.7% in FY24 vs 4.7%
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