Spencer's Retail Ltd. · NSE:SPENCERS
Spencer's Retail — Q2 FY20 Earnings Presentation
15 slides from Spencer's Retail's earnings presentation, Nov 14, 2019
Slide 1: Exchange filing cover letter for Investor Presentation
=, RP- Sanjiv Goenka spencers —wpN Group aver TrE nig hase Growing Legacies SRL:SEC:SE:2019-20/102 14" November, 2019 The Manager The General Manager Listing Department, Department of Corporate Service, National Stock Exchange of India Limited BSE Limited (Symbol: SPENCERS) {Scrip Code: 542337) Exch
Slide 2: Earnings Presentation – Q2 FY20
Spencer’s Retail Limited Earnings Presentation – Q2 FY20 Nov-19 | RP-Sanjiv Goenka Group Presentation 1
Slide 3: Key performance highlights
Key performance highlights Scale Efficiency ₹ 612 Cr. ₹ 1,213 Cr. >34% >35% Q2 FY20 H1 FY20 Q2 FY20 Revenue H1 FY20 Revenue Operating Operating from Non-Food from Non-Food Revenue Revenue Categories Categories ~ 0.23 lac sq. ft. ~ 0.40 lac sq. ft. 21.3% 21.1% Trading Area Trading Area H1 FY20 Q2 FY2
Slide 4: Key performance highlights
Key performance highlights For Q2FY20 For H1FY20 • Revenue growth of 8% (YoY) • Revenue growth of 11% (YoY) • Gross Margin % stands at 21.3% • Gross Margin % stands at 21.1% • EBITDA of ₹ 23.06 Cr* and PAT of • EBITDA of ₹ 58.08 Cr* and PAT of ₹ (-)15.62 Cr* ₹ (-)14.69 Cr* • New 3 stores opened in Q
Slide 5: Financial Parameters FY20
Financial Parameters FY20 Quarter H1 Revenue from Operation (₹ Cr) Revenue from Operation (₹ Cr) 612 601 1,213 566 1,090 Q2 FY19 Q1 FY20 Q2 FY20 H1 FY19 H1 FY20 Gross Margin (%) Gross Margin (%) 21.3% 21.2% 21.0% 21.1% 20.9% Q2 FY19 Q1 FY20 Q2 FY20 H1 FY19 H1 FY20 EBITDA and PAT numbers are on like
Slide 6: Operational Parameters FY20
Operational Parameters FY20 Quarter H1 Store Count (Nos) Store Count (Nos) 160 161 161 137 137 Q2 FY19 Q1 FY20 Q2 FY20 H1 FY19 H1 FY20 Trading Area (Mn Sq ft) Trading Area (Mn Sq ft) 1.41 1.41 1.39 1.24 1.24 Q2 FY19 Q1 FY20 Q2 FY20 H1 FY19 H1 FY20 Financial numbers are of Standalone business. Nov-19
Slide 7: Operational Parameters FY20
Operational Parameters FY20 Quarter H1 Gross Sales per Sq ft (₹ Per month) Gross Sales per Sq ft (₹ Per month) 1611 1632 1522 1515 1528 Q2 FY19 Q1 FY20 Q2 FY20 H1 FY19 H1 FY20 Financial numbers are of Standalone business. *Gross Sale includes Taxes Nov-19 | RP-Sanjiv Goenka Group Presentation 6
Slide 8: Standalone Financials – Profit & Loss
Standalone Financials – Profit & Loss 3 months ended Growth 6 months ended Standalone (₹ Cr) 30-Sep-19 30-Jun-19 30-Sep-18 Y-o-Y Q-o-Q 30-Sep-19 30-Sep-18 3 4 7 New Stores added 7 10 161 160 137 18% 1% Total Store count 161 137 0.23 0.17 0.54 TA added (Lac sq.ft) 0.39 0.85 14.06 13.86 12.42 13% 1% T
Slide 9: Standalone Financials – Balance Sheet
Standalone Financials – Balance Sheet As at Standalone (₹ Cr) 30-Sep-19 31-Mar-19 A) Assets Assets 1,158 646 Inventories 287 270 Total Assets 1,445 916 B) Equity & Liabilities Equity 438 596 Other Liabilities 720 53 Trade Payables (Net) 287 267 Total Equity & Liabilities 1,445 916 Nov-19 | RP-Sanjiv
Slide 10: Expanding and Growing in Chosen Profitable Geographies
Expanding and Growing in Chosen Profitable Geographies Spencer’s + Nature’s Acquired Nature’s Basket Basket Presence limited, which gave us access to the attractive western India NORTH 48 Stores market. High potential region of Maharashtra with ~15% of India’s GDP ~56% of EAST India GDP 36 dif
Slide 11: Standalone Financials – Profit & Loss
Standalone Financials – Profit & Loss For the period Standalone (₹ Cr) 5th Jul'19 - 30th Sep'19 On Acquisition adopted the Operation process and accounting New Stores added - Total Store count 36 TA added (Lac sq.ft) - policy alignment based on the Spencer’s policy: TA exit (Lac sq.ft) 0.91 Revenu
Slide 12: Consolidated Financials – Profit & Loss
Consolidated Financials – Profit & Loss 3 months ended Growth 6 months ended Consolidated (₹ Cr) 30-Sep-19 30-Jun-19 30-Sep-18 Y-o-Y Q-o-Q 30-Sep-19 30-Sep-18 699.5 600.8 566.3 23.5% 16.4% Revenue from operations 1,300.2 1,090.2 Expenses: 548.5 475.0 447.4 23% 15% Cost of Goods Sold 1,023.6 858.7 15
Slide 13: Consolidated Financials – Balance Sheet
Consolidated Financials – Balance Sheet As at Consolidated (₹ Cr) 30-Sep-19 31-Mar-19 A) Assets Assets 1,372 599 Inventories 315 270 Total Assets 1,687 869 B) Equity & Liabilities Equity 363 548 Other Liabilities 980 53 Trade Payables (Net) 344 267 Total Equity & Liabilities 1,687 869 Nov-19 | RP-Sa
Slide 14: 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 15: Press release: Q2 FY20 results
Spencer’s Retail Limited Q2 FY20 – Highlights: Revenue from Operations at ₹ 699 Crore (24% YoY growth); Gross Margin stands at 21.6% (20.9% in Q2FY19); Opened 3 new stores of Spencer’s. Standalone basis Spencer’s Revenue from Operations grew 8% YoY. Kolkata: November 14, 2019: Spencer’s Retail Ltd r