Spencer's Retail Limited Q1 FY26 earnings call summary

Earnings call of 31 Jul 2025, summarised by AI from the filing.

Spencer's Retail reported Q1 FY26 consolidated EBITDA of ₹5 cr and guides for operating EBITDA breakeven in FY26.

Key takeaways

1. Change Switching from efficiency-led to top-line-led EBITDA improvement.
2. Driver Membership program and festive season to drive Q2 top line.
3. Risk Percentage gross margin may moderate as price investments are made to drive volumes.

Original filing on BSE

Spencer's Retail Limited Q1 FY27 results

As filed: Revenue ₹469 cr (+13% year on year), EBITDA ₹7.6 cr, PAT −₹60.5 cr, EBITDA margin 1.6% (+330 bps).

The Q1 FY27 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

• Q4 FY26: Revenue ₹436 cr (+6% year on year), EBITDA −₹7.1 cr, PAT −₹65.6 cr, EBITDA margin -1.6% (+104 bps). Score 45 of 100, In line with trend. Revenue growth was above the company's own trend. EBITDA margin rose 104 bps year on year. Revenue fell 13% from last quarter. Share price after the results: −1.3% in 29 days (Nifty 500: +2.4%).
• Q3 FY26: Revenue ₹503 cr (−3% year on year), EBITDA ₹6.7 cr (−48% year on year), PAT −₹58.4 cr, EBITDA margin 1.3% (−118 bps). Score 15 of 100, Below trend. Revenue growth was in line with the company's own trend. EBITDA margin fell 118 bps year on year. Share price after the results: −21.4% in 28 days (Nifty 500: −4.0%).
• Q2 FY26: Revenue ₹445 cr (−14% year on year), EBITDA −₹4.0 cr, PAT −₹64.0 cr, EBITDA margin -0.9% (+760 bps). Score 45 of 100, In line with trend. Revenue growth was well below the company's own trend. EBITDA margin rose 760 bps year on year. Share price after the results: −9.3% in 30 days (Nifty 500: −0.8%).
• Q1 FY26: Revenue ₹416 cr (−24% year on year), EBITDA −₹7.0 cr (−300% year on year), PAT −₹62.0 cr, EBITDA margin -1.7% (−205 bps). Score 15 of 100, Below trend. Revenue growth was well below the company's own trend. EBITDA margin fell 205 bps year on year. Share price after the results: −6.1% in 30 days (Nifty 500: −2.4%).
• Q4 FY25: Revenue ₹412 cr (−25% year on year), EBITDA −₹11.0 cr, PAT −₹68.0 cr, EBITDA margin -2.7% (−48 bps). Score 24 of 100, Below trend. Revenue growth was well below the company's own trend. EBITDA margin fell 48 bps year on year. Revenue fell 20% from last quarter. Share price after the results: −4.9% in 29 days (Nifty 500: +0.5%).
• Q3 FY25: Revenue ₹517 cr (−21% year on year), EBITDA ₹13.0 cr (0% year on year), PAT −₹47.0 cr, EBITDA margin 2.5% (+53 bps). Score 22 of 100, Below trend. EBITDA margin rose 53 bps year on year. Not enough history for a trend yet: scored on growth alone.
• Q2 FY25: Revenue ₹518 cr (−10% year on year), EBITDA −₹44.0 cr, PAT −₹87.0 cr, EBITDA margin -8.5% (−745 bps). Score 9 of 100, Below trend. EBITDA margin fell 745 bps year on year. Not enough history for a trend yet: scored on growth alone. Revenue fell 5% from last quarter.

Past price moves after results do not indicate future moves. Not a recommendation.

Spencer's Retail Limited earnings call, investor presentation and press release summaries

• Q1 FY27: Earnings call (13 Aug 2026), Results deck (13 Aug 2026)
• Q4 FY26: Earnings call (22 May 2026)
• Q3 FY26: Earnings call (9 Feb 2026), Results deck (6 Feb 2026)
• Q2 FY26: Earnings call (11 Nov 2025), Results deck (10 Nov 2025)
• Q1 FY26: Earnings call (31 Jul 2025), Results deck (30 Jul 2025)
• Q4 FY25: Earnings call (16 May 2025), Results deck (15 May 2025)