Spencer's Retail Limited
Spencer's Retail Limited, together with its subsidiaries, engages in developing, conducting, investing, and promoting organized retail business through departmental and neighborhood stores under various formats in India. It offers products in various categories, such as food, personal care, fashion, home essentials, electrical and electronics, spencer's gourmet, patisserie, wine and liquor; consu… Read more
Spencer's Retail Limited (SPENCERS) - Net Assets
Latest net assets as of September 2025: ₹-7.87 Billion INR
Based on the latest financial reports, Spencer's Retail Limited (SPENCERS) has net assets worth ₹-7.87 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹12.87 Billion) and total liabilities (₹20.73 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹-7.87 Billion |
| % of Total Assets | -61.13% |
| Annual Growth Rate | N/A |
| 5-Year Change | -455.07% |
| 10-Year Change | N/A |
| Growth Volatility | 124.44 |
Spencer's Retail Limited - Net Assets Trend (2018–2025)
This chart illustrates how Spencer's Retail Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Spencer's Retail Limited (2018–2025)
The table below shows the annual net assets of Spencer's Retail Limited from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹-6.62 Billion | -59.10% |
| 2024-03-31 | ₹-4.16 Billion | -176.36% |
| 2023-03-31 | ₹-1.50 Billion | -343.25% |
| 2022-03-31 | ₹618.57 Million | -66.80% |
| 2021-03-31 | ₹1.86 Billion | -31.98% |
| 2020-03-31 | ₹2.74 Billion | -50.02% |
| 2019-03-31 | ₹5.48 Billion | +0.18% |
| 2018-03-31 | ₹5.47 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Spencer's Retail Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1285393100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₹450.66 Million | % |
| Other Comprehensive Income | ₹-7.07 Billion | % |
| Other Components | ₹13.39 Billion | % |
| Total Equity | ₹-6.62 Billion | 100.00% |
Spencer's Retail Limited Competitors by Market Cap
The table below lists competitors of Spencer's Retail Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DPSC Limited
NSE:DPSCLTD
|
$11.79 Million |
|
Cengild Medical Berhad
KLSE:0243
|
$11.79 Million |
|
Mundoro Capital Inc
OTCQB:MUNMF
|
$11.79 Million |
|
Vipul Limited
NSE:VIPULLTD
|
$11.79 Million |
|
SOC D'EXP VIOR
F:VL5
|
$11.78 Million |
|
Abliva AB (publ)
PINK:NEVPF
|
$11.77 Million |
|
Elsoft Research Bhd
KLSE:0090
|
$11.77 Million |
|
MANOLETE PARTNERS LS-004
F:2BE
|
$11.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Spencer's Retail Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -4,158,383,000 to -6,616,057,000, a change of -2,457,674,000.
- Net loss of 2,463,623,000 reduced equity.
- Other comprehensive income decreased equity by 12,684,139,000.
- Other factors increased equity by 12,690,088,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹-2.46 Billion | -37.24% |
| Other Comprehensive Income | ₹-12.68 Billion | -191.72% |
| Other Changes | ₹12.69 Billion | +191.81% |
| Total Change | ₹- | % |
Book Value vs Market Value Analysis
This analysis compares Spencer's Retail Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-03-31 | ₹155.74 | ₹29.04 | x |
| 2019-03-31 | ₹68.15 | ₹29.04 | x |
| 2020-03-31 | ₹33.92 | ₹29.04 | x |
| 2021-03-31 | ₹21.57 | ₹29.04 | x |
| 2022-03-31 | ₹6.86 | ₹29.04 | x |
| 2023-03-31 | ₹-16.69 | ₹29.04 | x |
| 2024-03-31 | ₹-46.14 | ₹29.04 | x |
| 2025-03-31 | ₹-73.39 | ₹29.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Spencer's Retail Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.35%
- • Asset Turnover: 1.52x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-41.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -2.58% | -1.35% | 1.19x | 1.60x | ₹-688.39 Million |
| 2019 | 0.44% | 0.11% | 2.43x | 1.67x | ₹-524.18 Million |
| 2020 | -47.74% | -4.89% | 1.68x | 5.82x | ₹-1.58 Billion |
| 2021 | -87.94% | -6.75% | 1.56x | 8.37x | ₹-1.82 Billion |
| 2022 | -196.36% | -5.28% | 1.47x | 25.30x | ₹-1.28 Billion |
| 2023 | 0.00% | -8.58% | 1.51x | 0.00x | ₹-1.95 Billion |
| 2024 | 0.00% | -11.35% | 1.38x | 0.00x | ₹-2.25 Billion |
| 2025 | 0.00% | -12.35% | 1.52x | 0.00x | ₹-1.80 Billion |
Industry Comparison
This section compares Spencer's Retail Limited's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $25,059,656,500
- Average return on equity (ROE) among peers: -8.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Spencer's Retail Limited (SPENCERS) | ₹-7.87 Billion | -2.58% | N/A | $11.78 Million |
| Future Enterprises Limited (FELDVR) | $41.54 Billion | -7.98% | 2.77x | $10.55 Million |
| Future Retail Limited (FRETAIL) | $30.96 Billion | 0.37% | 1.65x | $14.13 Million |
| Osia Hyper Retail Limited (OSIAHYPER) | $3.93 Billion | 4.97% | 1.14x | $6.89 Million |
| Shoppers Stop Limited (SHOPERSTOP) | $2.45 Billion | -33.49% | 2.27x | $114.65 Million |
| V-Mart Retail Limited (VMART) | $7.47 Billion | -12.95% | 2.81x | $217.60 Million |
| Vishal Mega Mart Ord Shs (VMM) | $64.01 Billion | 0.12% | 0.56x | $2.40 Billion |