Store One Retail India Ltd

Store One Retail India Ltd
Department Stores
FV – Rs 10; 52wks H/L –247.5/28.15; TTQ – 9 K; CMP – Rs 101.5 (As On November 28th 2016; 11.20);                             

     Market Cap – Rs 280 Crs

Consolidated Financials and Valuations for FY16 (Amt in Rs Crs unless specified)


Equity Capital

Net worth
Long Term Debt
Total
Sales
PAT
BV
(Rs)

EPS (Rs)

P/E

Industry P/E

P/BV

Promoter’s
Stake
Beta
27.6 212 51 261 55.17 77 19.9 5.1 23.4 1.3 73.85 2.66

 

Standalone Financials and Valuations for H1 FY17


Equity Capital

Net worth
Long Term Debt
Total
Sales
PAT
BV
(Rs)

TTM EPS (Rs)

TTM P/E

Industry P/E

P/BV

Promoter’s
Stake
Beta
27.6 221 27 118 9.55 80 3.46 29.3 23.4 1.27 73.85 2.66

 

Valuation Parameters:

  1. Long Term Debt to Equity – 0.2
  2. ROE % – 26
  3. Market Cap/Sales – 1.07
  • Store One Retail India Ltd (formerly known as Indiabulls Retail Services Ltd) is the retail arm of Indiabulls Group, a business conglomerate catering to the entire Indian consumption space. The company operates multiple retail formats in both the value and lifestyle segment of the Indian consumer market. They are engaged in retail business of lifestyle, food, home and personal care products.
  • The Company has explored and developed expertise in all avenues of management and maintenance of properties. Current projects span more than approx. 7 million square feet of high end commercial and residential space. Some of the prominent projects are One Indiabulls Centre (Mumbai), Indiabulls Finance Centre (Mumbai), Chennai Greens (Chennai), One Indiabulls Park (Chennai), and Gurgaon Centrum Park (Gurgaon.)

Overview:

  • Store One Retail India Ltd is engaged in providing management and maintenance services, and equipment hiring services.
  • The Company is involved in construction, advisory and other related activities. Its segments include Management and Maintenance Services, Equipment Hiring Services, and Construction, advisory and other related activities.
  • The Management and Maintenance Services segment is engaged in management and maintenance of properties.
  • The Equipment Hiring Services segment is engaged in the development and construction of infrastructure and real estate by renting out equipment in various categories, including concrete, Earth moving, transport, energy, lifting, steel cutting and highway.
  • The Construction advisory and other related activities segment provides advisory services pertaining to identification and acquisition of land, project planning, design management, construction, execution, maintenance and management of completed projects

 Management:

  • Mr. Pia Johnson  –  Executive Director
  • Mr. Viay Kumar Agrawal – CFO

Consolidated Financial Trends (In Rs. Crs) :

Particulars FY16 FY15 FY14 FY13 FY12 FY11
Equity Paid Up 27.6 27.6 26.17 26.17 23.12 20
Networth 212 157 121 86 52 -235
Total Debt 51 66 13 7  – 372
Net Sales 261 135 122 94 51 6
Other Income 1 0.3 5 4 1 2
PAT 55.17 23.24 35.17 37.66 11.84 -35.17
Book Value (Rs) 77 57 46 33 22
EPS (Rs) 19.9 8.42 13.44 14.39 5.12 -17.59