SPENCERS / guidance tracker

Keep management guidance in view.

Spencer's Retail · forward-looking guidance across the available source record.

Research layer active

Guidance tracker

What management said would happen.

Q4 Spencer's revenue: mid-single-digit growth

Management expects continued momentum with growth trajectory in Spencer's offline business and online sustaining 27%+ growth rates into Q4.

revenue

Operational EBITDA break-even in 2 quarters

Spencer's standalone offline business expected to reach operational AIDA break-even within two quarters, with 9-month losses already at half of prior year levels.

margins

100,000 membership members by FY26 end

Current 70,000+ members with intention to double base in FY27. Members already contribute 25% of total sales and 15-16% of transaction count.

growth

E-commerce ₹200 crore run-rate by FY26 end

Online business alone (excluding phone delivery) projected to exit FY26 at ₹200 crore annual run-rate, up from current trajectory.

revenue