Sanasecurities

Home Store One – Stock of the Month (September 2015)

Store One – Stock of the Month (September 2015)

11 August, 2015

Price: Rs. 35.60

Store One is primarily engaged into the business of providing property and facility management services, rental services of plant and machinery. The Company’s Facility Maintenance Services segment offers property and facility management services to buildings and properties, including maintenance and care, and common area development and landscaping, such as and security, pest control, waste disposal, recycling, etc.

Its Equipment Hiring Services segment is involved in the rental of plant and machinery in the field of infrastructure development, such as Tower Cranes , boom placers, hoists, transit mixers, dumpers, excavators, etc.; and form-work for construction of building/structures.

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INVESTMENT RATIONALE

Diversified Business Portfolio

To capitalize existing potential, the Company has diversified in the business of facility management services, business support services, equipment/ machinery rental services etc. Thus the diversified business portfolio of the Company is a real key strength for its business expansion and future growth.

Large and Diverse Rental Fleet

Store One’s large and diverse fleet allow the Company to serve large customers that require substantial quantities and/or wide varieties of equipment and necessary technical feedback. Its ability to serve customers should allow to improve the performance and enhance its market leadership position.

The Company manage its rental fleet, which is one of the largest and most comprehensive in the industry particularly catering to the residential and factories segment, focuses on satisfying customer demand and optimizing availability and utilization levels.

Operates retail chain in multiple formats 

Store One has adopted multiple formats, one of them being a chain of lifestyle stores under the brand “Store One” and hypermarts under the “Happy Store” brand. The lifestyle stores offer an assortment across apparels, accessories, fragrances, cosmetics, footwear, home furnishing and decor products of various brands, including “Lee”, “park Avenue”, “Van Heusen”, “Puma”, etc. The hypermarts sell groceries and other daily required products.