Praxis Home

Who are the top shareholders of the Praxis Home?

The top shareholders of Praxis Home include Surplus Finvest Private Limited with 18.14%, Mathew Cyriac as the largest public shareholder at 7.41%, and individual investors holding 43.17%. There are no pledged promoter holdings, and four foreign institutional investors hold a combined 1.89%.

The top shareholders of Praxis Home include Surplus Finvest Private Limited, which holds the largest stake at 18.14%. Following that, Mathew Cyriac is the highest public shareholder with a holding of 7.41%. Additionally, individual investors collectively own 43.17% of the company. The company does not have any pledged promoter holdings, and there are four foreign institutional investors (FIIs) with a combined holding of 1.89%.

Who are in the management team of Praxis Home?

As of March 2020, the management team of Praxis Home includes Viraj Didwania (Chairman & Managing Director), Shrirang Kisanlal Sarda (Director), and several independent and additional directors, totaling 13 members with diverse expertise.

As of March 2020, the management team of Praxis Home includes the following individuals:<BR><BR>1. **Viraj Didwania** - Chairman & Managing Director<BR>2. **Shrirang Kisanlal Sarda** - Director<BR>3. **Pankaj Bhargava** - Independent Director<BR>4. **Shantanu Shah** - Independent Director<BR>5. **S Subramanian** - Independent Director<BR>6. **Sridevi Badiga** - Independent Director<BR>7. **Smita Chowdhury** - Company Secretary<BR>8. **Avni Biyani** - Additional Director<BR>9. **Harminder Sahni** - Additional Director<BR>10. **Jacob Mathew** - Additional Director<BR>11. **Mahesh Shah** - Managing Director & Additional Director<BR>12. **Anou Singhvi** - Additional Director<BR>13. **Lynette Robert Monteiro** - Additional Director<BR><BR>This team comprises a mix of directors, independent directors, and additional directors, reflecting a diverse leadership structure within the company.

Has Praxis Home declared dividend?

No Dividend History Available

Who are the peers of the Praxis Home?

Praxis Home's peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Swadeshi Polytex, Virat Industries, Mahalaxmi Rubtec, and RRIL. Praxis Home has below average management risk and capital structure, with a 1-year return of -14.19%, higher than Swadeshi Polytex but lower than its other peers.

Peers: The peers of Praxis Home are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Swadeshi Polytex, Virat Industries, Mahalaxmi Rubtec, and RRIL.<BR><BR>Quality Snapshot: Excellent management risk is observed at K P R Mill Ltd, Page Industries, and Vedant Fashions, while Good management risk is found at Trent and Swadeshi Polytex. Average management risk is present at Trident and Virat Industries, while Below Average management risk is noted at Mahalaxmi Rubtec, Praxis Home, and RRIL. Growth is Excellent for K P R Mill Ltd, while Trent shows Excellent growth as well; Good growth is observed at Praxis Home and Swadeshi Polytex, with Average growth at Trident and the rest. Below Average growth is noted for Page Industries, Vedant Fashions, Virat Industries, Mahalaxmi Rubtec, and RRIL. Capital Structure is Excellent for K P R Mill Ltd, Page Industries, and Swadeshi Polytex, while Good capital structure is found at Trident and Virat Industries; Below Average capital structure is noted for Praxis Home, Mahalaxmi Rubtec, and RRIL.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Virat Industries at 232.42%, while the lowest is Swadeshi Polytex at -69.00%. Praxis Home's 1-year return is -14.19%, which is higher than Swadeshi Polytex but lower than all other peers. Additionally, the six-month return is negative for Swadeshi Polytex, Vedant Fashions, Trident, and RRIL.

Is Praxis Home overvalued or undervalued?

As of December 28, 2020, Praxis Home Retail Ltd. is considered overvalued and risky, with concerning financial metrics such as a PE ratio of -6.92 and an EV to EBITDA of -15.25, alongside significant underperformance compared to the Sensex.

As of 28 December 2020, the valuation grade for Praxis Home Retail Ltd. moved from does not qualify to risky, indicating a significant change in its perceived financial stability. The company appears to be overvalued based on its current metrics, with a PE ratio of -6.92, an EV to EBITDA of -15.25, and a ROCE of -44.17%. These ratios suggest that the company is struggling to generate positive earnings and returns on capital.<BR><BR>When compared to its peers, Praxis Home's valuation metrics are concerning. For instance, its PE ratio is significantly lower than the industry average, and its EV to EBITDA ratio also reflects a negative outlook. Notably, the company has underperformed the Sensex over various time frames, with a year-to-date return of -30.08% compared to the Sensex's 5.56%. Overall, these factors reinforce the conclusion that Praxis Home is overvalued in the current market environment.

What is the technical trend for Praxis Home?

As of May 15, 2025, Praxis Home's technical trend is mildly bearish, with mixed signals from indicators like the weekly MACD being mildly bullish and the monthly MACD remaining bearish.

As of 15 May 2025, the technical trend for Praxis Home has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The daily moving averages are mildly bearish, suggesting short-term weakness. The Bollinger Bands show a bullish signal on the weekly chart but a mildly bearish signal on the monthly chart. The KST is mildly bullish weekly but bearish monthly. Overall, the current technical stance is mildly bearish, with key indicators such as the daily moving averages and monthly MACD contributing to this view.

What does Praxis Home do?

Praxis Home Retail Ltd operates in the Garments & Apparels industry as a Micro Cap company, reporting net sales of 272 Cr and a net loss of 144 Cr for the quarter ending March 2025. The company, originally incorporated in 2011, has undergone several name changes and currently has a market cap of INR 244 Cr.

Overview: <BR>Praxis Home Retail Ltd operates in the Garments & Apparels industry and is categorized as a Micro Cap company.<BR><BR>History: <BR>The company was originally incorporated in 2011 as GRN Energy Private Limited and underwent several name changes, becoming Praxis Home Retail Private Limited on January 5, 2017. The most recent quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 272 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: -144 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 244 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 99 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -4.25 <BR>Return on Equity: 69.22% <BR>Price to Book: -4.76<BR><BR>Contact Details: <BR>Address: iThink Techno Campus Jolly, Board Tower D Kanjumarg(East) Mumbai Maharashtra : 400042 <BR>Tel: 91-22-71068031 <BR>Email: investorrelations@praxisretail.in <BR>Website: http://www.praxisretail.in

How big is Praxis Home?

As of 24th July, Praxis Home Retail Ltd has a market capitalization of 237.00 Cr, with recent net sales of 118.97 Cr and a net loss of 34.97 Cr over the last four quarters. Shareholder's funds show a loss of 43.18 Cr against total assets of 319.23 Cr.

As of 24th July, <BR><BR>Market Cap: Praxis Home Retail Ltd has a market capitalization of 237.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 118.97 Cr, while the sum of Net Profit for the same period shows a loss of 34.97 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is the latest annual period ending March 2024. Shareholder's Funds are reported at a loss of 43.18 Cr, and Total Assets amount to 319.23 Cr.

Are Praxis Home latest results good or bad?

Praxis Home Retail's latest results are disappointing, with net sales declining 25.30% to Rs 23.50 crore and a profit after tax of Rs -16.47 crore, marking a 70% year-on-year drop. Additionally, increased interest expenses indicate rising debt, reflecting significant challenges for the company.

The latest results for Praxis Home Retail are quite disappointing. For the quarter ending June 2025, the company reported net sales of Rs 23.50 crore, which is a significant decline of 25.30% compared to the same quarter last year. This marks the lowest sales figure the company has seen in the past five quarters, indicating a troubling trend.<BR><BR>Moreover, the profit after tax (PAT) fell dramatically to Rs -16.47 crore, reflecting a staggering 70% decline year-on-year. This has resulted in an earnings per share (EPS) of Rs -1.22, which is also the lowest in the last five quarters. <BR><BR>Additionally, interest expenses increased by 44.12% quarter-on-quarter to Rs 4.90 crore, suggesting that the company has taken on more debt. Overall, these financial metrics paint a negative picture for Praxis Home Retail, highlighting significant challenges in its performance.

When is the next results date for Praxis Home?

The next results date for Praxis Home is 14 November 2025.

The next results date for Praxis Home is scheduled for 14 November 2025.

How has been the historical performance of Praxis Home?

Praxis Home has experienced a significant decline in net sales and profitability, with net sales dropping from 702.77 crore in March 2020 to 118.97 crore in March 2025, and negative operating profits and shareholder equity by March 2025. The company's financial struggles are evident in its ongoing operational challenges and deteriorating financial position.

Answer:<BR>The historical performance of Praxis Home shows a significant decline in net sales and profitability over the years, culminating in a challenging financial position by March 2025.<BR><BR>Breakdown:<BR>Praxis Home's net sales have decreased dramatically from 702.77 crore in March 2020 to just 118.97 crore in March 2025. This decline reflects a consistent downward trend in total operating income, which fell from 682.81 crore in March 2019 to 118.97 crore in March 2025. The company's operating profit has also been negative for several years, with an operating profit of -29.96 crore in March 2025, compared to a profit of 15.29 crore in March 2020. Profit before tax has worsened, moving from -26.10 crore in March 2019 to -34.98 crore in March 2025. The profit after tax followed a similar trajectory, ending at -34.98 crore in March 2025, down from a profit of 14.24 crore in March 2022. The company's total liabilities have remained relatively stable, with a slight decrease from 319.23 crore in March 2024 to 313.37 crore in March 2025. However, shareholder's funds have turned negative, indicating a deteriorating equity position, with -61.49 crore reported in March 2025. Cash flow from operating activities has also been negative, reflecting ongoing operational challenges, with -27.00 crore in March 2025. Overall, Praxis Home's financial performance indicates significant struggles, particularly in revenue generation and profitability.

Should I buy, sell or hold Praxis Home?

Why is Praxis Home Retail Ltd falling/rising?

As of 18-Jan, Praxis Home Retail Ltd's stock is at Rs. 8.65, down 3.14%, and has hit a 52-week low. The company faces declining sales, ongoing operating losses, high debt, and reduced institutional interest, contributing to its poor performance and negative investor sentiment.

As of 18-Jan, Praxis Home Retail Ltd's stock price is falling, currently at Rs. 8.65, reflecting a decrease of Rs. 0.28 or 3.14%. The stock has been on a downward trend, having lost 8.27% over the last five days, and it has underperformed its sector by 1.7% today. Additionally, the stock has hit a new 52-week low of Rs. 8.49, indicating significant weakness.<BR><BR>The company's financial performance has been troubling, with net sales declining by 19.47% and the company reporting operating losses for the last 13 consecutive quarters. This has contributed to a poor long-term growth outlook, as evidenced by a -25.29% annual growth rate in net sales over the past five years. The company's debt situation is also concerning, with a high debt-to-equity ratio of 59.01 times, which raises red flags for investors.<BR><BR>Investor sentiment appears to be negative, as institutional investors have reduced their stakes by 0.72% in the previous quarter, indicating a lack of confidence in the company's fundamentals. The stock has generated a staggering -54.91% return over the past year, while the broader market, represented by the Sensex, has gained 8.47% during the same period. This stark contrast highlights the underperformance of Praxis Home Retail Ltd relative to market benchmarks.<BR><BR>Overall, the combination of declining sales, consistent losses, high debt, and diminishing institutional interest has led to the stock's current downward trajectory.

Which are the latest news on Praxis Home?