Spencers Retail (NSE:SPENCERS) Dividend Payout Ratio: 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SPENCERS Spencers Retail Ltd NSE:SPENCERS
57 GF Score
Price ₹34.82
GF Value ₹54.95
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Spencers Retail Dividend Payout Ratio?

Spencers Retail NSE:SPENCERS -0.88% 57 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates NSE:SPENCERS with a GF Score™ of 57/100 and a GF Value™ of ₹54.95 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 507 Retail - Cyclical companies, Spencers Retail ranks worse than 197238.46% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Spencers Retail's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

The historical rank and industry rank for Spencers Retail's Dividend Payout Ratio or its related term are showing as below:


NSE:SPENCERS's Dividend Payout Ratio is not ranked *
in the Retail - Cyclical industry.
Industry Median: 0.41
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2026-07-19), the Dividend Yield % of Spencers Retail is 0.00%.

Spencers Retail's Dividends per Share for the months ended in Mar. 2026 was ₹0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Spencers Retail (NSE:SPENCERS) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Spencers Retail Dividend Payout Ratio Related Terms


Spencers Retail Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Spencers Retail's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Spencers Retail Dividend Payout Ratio Chart

Spencers Retail Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Spencers Retail Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

NSE:SPENCERS vs DDS, M: Dividend Payout Ratio Comparison

For the Department Stores subindustry, Spencers Retail's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Spencers Retail Dividend Payout Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Spencers Retail's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Spencers Retail's Dividend Payout Ratio falls into.


NSE:SPENCERS
57GF Score
Spencers Retail Ltd NSE:SPENCERS
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spencers Retail Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Spencers Retail's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=0/ -27.7
=N/A

Spencers Retail's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0/ -7.29
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.00 mean?
Spencers Retail (NSE:SPENCERS) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Spencers Retail and its competitors. According to the industry distribution chart, Spencers Retail ranks #999999 out of 507 companies in the Retail - Cyclical industry.
Is Spencers Retail's Dividend Payout Ratio too high?
Spencers Retail's current Dividend Payout Ratio is 0.00. Based on the distribution chart, Spencers Retail ranks #999999 out of 507 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Spencers Retail has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Spencers Retail's Dividend Payout Ratio compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Spencers Retail ranks #999999 out of 507 companies for Dividend Payout Ratio. This places Spencers Retail in the lower half of its industry. The industry median Dividend Payout Ratio is 0.41. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Retail - Cyclical company?
The median Dividend Payout Ratio among Retail - Cyclical companies is 0.41, based on 507 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Spencers Retail and its competitors. For the Retail - Cyclical industry, the median Dividend Payout Ratio is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spencers Retail's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spencers Retail stock overvalued right now?
Based on GuruFocus' analysis, Spencers Retail (NSE:SPENCERS) is currently considered Possible Value Trap. The stock's GF Value™ is ₹54.95, compared to a current price of ₹34.82 — trading 36.6% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Spencers Retail's overall GF Score™ is 57/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Spencers Retail (NSE:SPENCERS), the current Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Spencers Retail (NSE:SPENCERS) Overvalued in 2026?

Based on GuruFocus' analysis, Spencers Retail stock appears to be undervalued. The current stock price of ₹34.82 is trading 36.6% below its estimated GF Value™ of ₹54.95. GuruFocus considers Spencers Retail to be Possible Value Trap.

Key valuation signals for NSE:SPENCERS:

  • Dividend Payout Ratio: 0.00
  • GF Value™: ₹54.95 vs. price of ₹34.82 (36.6% below fair value)
  • GF Score™: 57/100 with 4 warning signs

No single metric tells the full story. See the NSE:SPENCERS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spencers Retail Business Description

Other Exchanges 542337:India
Address 2/4, Judges Court Road, RPSG House, Kolkata, WB, IND, 700027
Spencers Retail Ltd is engaged in the retailing of goods and caters to the domestic market. The company is engaged in developing, conducting, investing, and promoting organized retail and operates departmental stores. The company provides a wide across categories such as food, personal care, fashion, home essentials, electrical, and electronics while its specialty section covers Spencer's gourmet, patisserie, wine, and liquor. The group operates only in India.
57GF Score

Get the complete analysis for NSE:SPENCERS

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹34.82
Price
₹54.95
GF Value