---
title: "Spencers Retail Ltd (Merged) (1274615) — Share Price, Financials & Analysis"
symbol: "1274615"
company: "Spencers Retail Ltd (Merged)"
canonical: "https://tapetide.com/stocks/1274615"
generated_at: "2026-10-13T11:00:16.892Z"
---

# Spencers Retail Ltd (Merged) (1274615)

Canonical page: https://tapetide.com/stocks/1274615

## Company

- **Stock Type:** DELISTED
- **Listed Since:** 2019-01-25
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** spencersretail.com

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.

### Weaknesses

- Company has low interest coverage ratio.
- Company's cost of borrowing seems high

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | 26% | 11% |
| revenue growth | 12% | 12% |

## Financial Statements

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- |
| Sales | 1451 | 1666 | 1796 | 2012 |
| Expenses | 1545 | 1732 | 1858 | 2036 |
| Operating Profit | -94 | -67 | -62 | -24 |
| OPM % | -6 | -4 | -3.4 | -1.2 |
| Other Income | 4 | 0 | 9 | 7 |
| Interest | 43 | 48 | 53 | 57 |
| Depreciation | 32 | 37 | 37 | 33 |
| Profit before tax | -166 | -152 | -143 | -108 |
| Tax % | 0 | 0 | 0 | 0 |
| Net Profit | -166 | -152 | -143 | -108 |
| EPS in Rs | -63.74 | -58.29 | -54.79 | -41.36 |
| Dividend Payout % | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- |
| Equity Capital | 173 | 243 | 297 | 297 |
| Reserves | -107 | -183 | -658 | -98 |
| Borrowings | 461 | 511 | 570 | 16 |
| Other Liabilities | 281 | 290 | 321 | 373 |
| Total Liabilities | 809 | 860 | 529 | 588 |
| Fixed Assets | 195 | 174 | 171 | 169 |
| CWIP | 1 | 14 | 8 | 3 |
| Investments | 32 | 72 | 20 | 30 |
| Other Assets | 581 | 600 | 330 | 386 |
| Total Assets | 809 | 860 | 529 | 588 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | -58 | -77 | -70 | — |
| Cash from Investing Activity | -55 | -54 | -67 | — |
| Cash from Financing Activity | 112 | 130 | 138 | — |
| Net Cash Flow | -1 | -1 | 0 | — |
| Free Cash Flow | -101 | -108 | -104 | — |
| CFO/OP | 61 | 115 | 114 | — |

### Ratios

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- |
| Debtor Days | 5 | 5 | 6 | 5 |
| Inventory Days | 44 | 46 | 50 | 56 |
| Days Payable | 57 | 52 | 55 | 60 |
| Cash Conversion Cycle | -8 | -1 | 1 | 1 |
| Working Capital Days | -27 | -79 | -94 | -17 |
| ROCE % | — | -18 | -23 | -23 |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:00:16.892Z.