Spencer's Retail Ltd - Company Profile

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Spencer's Retail Ltd (Spencer’s) is a multi-format retailer of food and non-food products. These products include food and grocery, fruit and vegetables, electrical and electronics, home and office essentials, garments and fashion accessories, toys, personal care, fresh and frozen meat, bakery items, drinks, frozen foods and IT accessories, among others. The company operates stores across India under hypermarkets, supermarkets, departmental store and convenience store formats. These stores offer both food and non-food products under Tasty Wonders, Smart Choice, 2Bme, Besser, HandsOn, Asankhya, Scorez and Maroon brands. The company also offers various services such as gift cards and home deliveries. It has a presence across various states of country such as Andhra Pradesh, Delhi, Kerala, Maharashtra, Tamil Nadu, Haryana, Jharkhand, Karnataka, Telangana, Uttarakhand, Uttar Pradesh and West Bengal. Spencer’s is headquartered in Kolkata, West Bengal, India.

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Headquarters India

Address Rpsg House, 2/4 Judges Court Road, Kolkata, West Bengal, 700027


Telephone 91 33 24871091

No of Employees 5,224

Industry Retailing

Ticker Symbol & Exchange SPENCERS (NSE)

Revenue (2023) $312.5M 6.6% (2023 vs 2022)

EPS XYZ

Net Income (2023) XYZ -73.2% (2023 vs 2022)

Market Cap* $110.4M

Net Profit Margin (2023) XYZ -62.5% (2023 vs 2022)

* As of and is in US$
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Spencer's Retail Ltd premium industry data and analytics

1

Product Launch Analytics

Analyze latest product launches for innovation and product strategies.

Products and Services

Products Services Brands
Electrical and Electronics Home Delivery Spencer's
Food and Grocery E-Commerce Spenser’s Smart Choice
Digital Equipment Gift Cards 2Bme
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 New Products/Services In January, the company unveiled its brand new hyper market chain called, Spencer's Value Market.
2020 Contracts/Agreements In April, the company and Flipkart entered into a partnership to expand essentials business.
2019 Acquisitions/Mergers/Takeovers In May, the company announced the acquisition of grocery and fresh fruits store, Nature's Basket from Godrej Industries for US$3 billion.
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Competitor Comparison

Key Parameters Spencer's Retail Ltd Avenue Supermarts Ltd Trent Ltd Future Retail Ltd Reliance Retail Ltd
Headquarters India India India India India
City Kolkata Mumbai Mumbai Mumbai Mumbai
State/Province West Bengal Maharashtra Maharashtra Maharashtra Maharashtra
No. of Employees 5,224 12,108 16,586 21,839 361,000
Entity Type Public Public Public Public Private
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Executives
Name Position Board Since Age
Shashwat Goenka Chairman Executive Board 2023 33
Anuj Singh Director; Chief Executive Officer; Managing Director Executive Board 2023 -
Vikash Kumar Agarwal Secretary; Chief Compliance Officer Senior Management 2023 -
Pratip Chaudhuri Director Non Executive Board 2018 69
Rahul Nayak Director Non Executive Board 2018 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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