Results Snapshot
Figures in Cr
Consolidated - Balance Sheet Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
EQUITY AND LIABILITIES
No of Months
12
12
12
12
12
12
Share Capital
44.06
44.06
44.06
44.06
44.06
44.06
Share Warrants & Outstandings
Total Reserve
-956.98
-705.67
-459.90
-194.53
17.79
142.27
Shareholder's Funds
-912.92
-661.61
-415.84
-150.47
61.86
186.33
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
Long-Term Borrowings
461.78
394.93
288.12
183.07
128.21
75.47
Secured Loans
461.78
394.93
288.12
183.07
128.21
75.47
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.00
Deferred Tax Assets / Liabilities
19.62
19.86
20.11
20.46
20.85
21.34
Other Long Term Liabilities
610.18
584.13
818.53
703.84
621.66
601.83
Long Term Trade Payables
0.00
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
17.89
13.64
15.78
16.13
15.54
12.51
Total Non-Current Liabilities
1,096.63
994.44
1,136.42
921.31
784.79
711.15
Current Liabilities
Trade Payables
299.33
316.98
384.62
343.58
333.37
330.91
Other Current Liabilities
116.25
102.06
131.08
144.82
143.46
138.79
Short Term Borrowings
785.77
549.56
451.04
360.63
234.16
179.74
Short Term Provisions
10.80
8.10
8.61
9.49
7.65
12.57
Total Current Liabilities
1,212.15
976.69
975.34
858.52
718.63
662.01
Total Liabilities
1,395.86
1,309.52
1,695.92
1,629.36
1,565.28
1,559.49
ASSETS
Non-Current Assets
0.00
0.00
0.00
0.00
0.00
0.00
Gross Block
525.69
539.93
681.60
747.31
725.69
709.83
Less: Accumulated Depreciation
98.58
97.36
193.55
253.59
225.07
191.41
Less : Impairment of Assets
0.00
0.00
0.00
0.00
0.00
0.00
Net Block
427.11
442.58
488.06
493.73
500.62
518.42
Lease Adjustment
0.00
0.00
0.00
0.00
0.00
0.00
Capital Work in Progress
0.00
0.00
0.95
2.05
7.97
2.83
Intangible assets under development
0.00
0.00
0.00
0.00
0.00
0.00
Pre-operative Expenses pending
0.00
0.00
0.00
0.00
0.00
0.00
Assets in transit
0.00
0.00
0.00
0.00
0.00
0.00
Non Current Investments
33.34
42.56
55.89
73.76
73.02
34.93
Long Term Loans & Advances
41.15
38.55
53.72
56.47
71.91
74.80
Other Non Current Assets
34.51
23.52
0.67
1.25
2.56
5.87
Total Non-Current Assets
1,079.64
1,057.81
1,322.27
1,265.39
1,204.28
1,171.67
Current Assets Loans & Advances
Current Investments
2.51
0.00
0.00
20.21
20.78
0.00
Inventories
184.10
169.97
265.93
264.51
260.41
267.44
Sundry Debtors
24.93
18.26
25.29
19.76
26.63
29.76
Cash and Bank
48.94
25.78
36.31
17.62
18.08
57.75
Other Current Assets
9.02
5.81
8.94
7.43
5.85
6.82
Short Term Loans and Advances
46.72
31.88
37.18
34.43
29.25
26.05
Total Current Assets
316.22
251.71
373.65
363.97
361.00
387.82
Net Current Assets (Including Current Investments)
-895.93
-724.98
-601.69
-494.55
-357.63
-274.19
Total Current Assets Excluding Current Investments
313.71
251.71
373.65
343.76
340.23
387.82
Miscellaneous Expenses not written off
0.00
0.00
0.00
0.00
0.00
0.00
Total Assets
1,395.86
1,309.52
1,695.92
1,629.36
1,565.28
1,559.49
Contingent Liabilities
60.33
57.02
55.40
48.42
50.25
70.56
Total Debt
1,234.71
926.36
733.04
541.50
360.90
255.22
Book Value per share (adjusted)
-101.18
-73.29
-46.03
-16.58
6.97
20.78
Balance Sheet Analysis Highlights
Borrowings
YoY Growth in year ended Mar 2026 is 33.29% vs 26.37% in Mar 2025
Other Long Term Liabilities
YoY Growth in year ended Mar 2026 is 4.46% vs -28.64% in Mar 2025
Fixed Assets
YoY Growth in year ended Mar 2026 is -3.50% vs -9.49% in Mar 2025
Investments
YoY Growth in year ended Mar 2026 is -21.66% vs -23.85% in Mar 2025
Current Assets
YoY Growth in year ended Mar 2026 is 25.63% vs -32.63% in Mar 2025
Compare Balance Sheet Results of Spencer's Retail
Figures in Cr
Consolidated - Balance Sheet Results
Change(INR)
Change(%)
No of Months
12
12
EQUITY AND LIABILITIES
Share Capital
44.06
18.46
25.60
138.68%
Share Warrants & Outstandings
Total Reserve
-956.98
123.46
-1,080.44
-875.13%
Shareholder's Funds
-912.92
141.92
-1,054.84
-743.26%
Minority Interest
0.00
0.00
0.00
0.00%
Long-Term Borrowings
461.78
9.67
452.11
4,675.39%
Secured Loans
461.78
0.06
461.72
769,533.33%
Unsecured Loans
0.00
9.61
-9.61
-100.00%
Deferred Tax Assets / Liabilities
19.62
0.06
19.56
32,600.00%
Other Long Term Liabilities
610.18
0.19
609.99
321,047.37%
Long Term Trade Payables
0.00
0.00
0.00
0.00%
Long Term Provisions
17.89
0.00
17.89
0.00%
Total Non-Current Liabilities
1,096.63
5.24
1,091.39
20,828.05%
Current Liabilities
Trade Payables
299.33
49.96
249.37
499.14%
Other Current Liabilities
116.25
2.59
113.66
4,388.42%
Short Term Borrowings
785.77
8.29
777.48
9,378.53%
Short Term Provisions
10.80
0.00
10.80
0.00%
Total Current Liabilities
1,212.15
60.84
1,151.31
1,892.36%
Total Liabilities
1,395.86
208.00
1,187.86
571.09%
ASSETS
Non-Current Assets
0.00
0.00
0.00
0.00%
Gross Block
525.69
11.57
514.12
4,443.56%
Less: Accumulated Depreciation
98.58
0.00
98.58
0.00%
Less : Impairment of Assets
0.00
0.00
0.00
0.00%
Net Block
427.11
11.57
415.54
3,591.53%
Lease Adjustment
0.00
0.00
0.00
0.00%
Capital Work in Progress
0.00
0.00
0.00
0.00%
Intangible assets under development
0.00
0.00
0.00
0.00%
Pre-operative Expenses pending
0.00
0.00
0.00
0.00%
Assets in transit
0.00
0.00
0.00
0.00%
Non Current Investments
33.34
0.00
33.34
0.00%
Long Term Loans & Advances
41.15
0.00
41.15
0.00%
Other Non Current Assets
34.51
9.17
25.34
276.34%
Total Non-Current Assets
1,079.64
20.75
1,058.89
5,103.08%
Current Assets Loans & Advances
Current Investments
2.51
0.00
2.51
0.00%
Inventories
184.10
53.29
130.81
245.47%
Sundry Debtors
24.93
51.64
-26.71
-51.72%
Cash and Bank
48.94
46.64
2.30
4.93%
Other Current Assets
9.02
7.79
1.23
15.79%
Short Term Loans and Advances
46.72
27.89
18.83
67.52%
Total Current Assets
316.22
187.25
128.97
68.88%
Net Current Assets (Including Current Investments)
-895.93
126.42
-1,022.35
-808.69%
Total Current Assets Excluding Current Investments
313.71
187.25
126.46
67.54%
Miscellaneous Expenses not written off
0.00
0.00
0.00
0.00%
Total Assets
1,395.86
208.00
1,187.86
571.09%
Contingent Liabilities
60.33
0.60
59.73
9,955.00%
Total Debt
1,234.71
8.61
1,226.10
14,240.42%
Book Value per share (adjusted)
-101.18
76.89
-178.07
-231.59%
Annual - Borrowings
Borrowings 1,234.71 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 33.29% vs 26.37% in Mar 2025
Annual - Other Long Term Liabilities
Other Long Term Liabilities 610.18 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 4.46% vs -28.64% in Mar 2025
Annual - Fixed Assets
Fixed Assets 427.11 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -3.50% vs -9.49% in Mar 2025
Annual - Investments
Investments 33.34 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -21.66% vs -23.85% in Mar 2025
Annual - Current Assets
Current Assets 316.22 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 25.63% vs -32.63% in Mar 2025






