Praxis Home

Why is Praxis Home Retail Ltd falling/rising?

As of 10-Jun, the stock price of Praxis Home Retail Ltd is currently at 7.51, reflecting a short-term rise of 0.4% after gaining 13.44% over the past four days. However, it has a year-to-date decline of 18.55% and a one-year drop of 42.45%, with concerns about reduced investor interest indicated by a significant drop in delivery volume.

As of 10-Jun, the stock price of Praxis Home Retail Ltd is rising, currently at 7.51, with a change of 0.03 (0.4%) upwards. This increase can be attributed to a strong performance over the past four days, during which the stock has gained 13.44%. Additionally, it has outperformed its sector by 1.52% today. <BR><BR>Despite the positive short-term performance, it is important to note that the stock has experienced significant declines over longer periods, with a year-to-date drop of 18.55% and a one-year decline of 42.45%. Furthermore, while the stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below its 200-day moving average, indicating a mixed longer-term trend.<BR><BR>However, there are concerns regarding investor participation, as the delivery volume on June 9 has fallen dramatically by 99.51% compared to the 5-day average, suggesting reduced interest from investors. Overall, the recent rise in stock price is primarily driven by short-term gains, despite the broader context of declining performance over longer periods.

What does Praxis Home do?

Praxis Home Retail Ltd operates in the Garments & Apparels industry as a Micro Cap company, reporting net sales of 25 Cr and a net loss of 115 Cr for the quarter ending March 2026. The company has a market cap of INR 131 Cr and significant debt with a debt-to-equity ratio of 2.38.

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 on January 31, 2011, as GRN Energy Private Limited. It underwent several name changes, becoming GRN Retail Private Limited on December 21, 2016, and then Praxis Home Retail Private Limited on January 5, 2017. It became a Public Company and adopted the name Praxis Home Retail Limited in the 2017-18 fiscal year. The latest quarterly results report net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 25 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: -115 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 131 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: 72<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 2.38<BR>- Return on Equity: -118.05%<BR>- Price to Book: 2.69<BR><BR>Contact Details:<BR>Address: iThink Techno Campus Jolly, Board Tower D Kanjumarg(East) Mumbai Maharashtra : 400042<BR>Tel: 91-22-71068031<BR>Fax: 91-22-71068032<BR>Email: investorrelations@praxisretail.in<BR>Website: http://www.praxisretail.in

Which are the latest news on Praxis Home?

How big is Praxis Home?

As of 10th June, Praxis Home Retail Ltd has a market capitalization of 131.00 Cr and reported net sales of 95.66 Cr with a net loss of 66.62 Cr over the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Praxis Home Retail Ltd has a market capitalization of 131.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 95.66 Cr. The sum of Net Profit for the latest 4 quarters shows a loss of 66.62 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are reported at a loss of 61.49 Cr, while Total Assets amount to 313.37 Cr.

Should I buy, sell or hold Praxis Home Retail Ltd?

When is the next results date for Praxis Home Retail Ltd?

The next results date for Praxis Home Retail Ltd is 29 May 2026.

The next results date for Praxis Home Retail Ltd is scheduled for 29 May 2026.

Are Praxis Home Retail Ltd latest results good or bad?

Praxis Home Retail Ltd's latest results are concerning, showing a net loss of ₹15.89 crores and a 22.85% decline in revenue year-on-year, indicating significant financial distress and a negative net worth of ₹61.49 crores. The company's performance has deteriorated sharply, with a 56.07% drop in stock value over the past year.

Praxis Home Retail Ltd's latest results are concerning and indicate a significant decline in performance. In Q3 FY26, the company reported a net loss of ₹15.89 crores, which is a staggering 90.80% decrease year-on-year. Revenue also fell by 22.85% compared to the same quarter last year, totaling ₹26.20 crores. Although there was a slight sequential improvement in revenue from the previous quarter, this does not offset the broader trend of declining sales, which have plummeted from ₹703 crores in FY2020 to just ₹118 crores in FY2025.<BR><BR>The operating margin has worsened to negative 34.16%, marking the lowest level in seven quarters. Additionally, interest costs have surged to their highest recorded level, reflecting the company's increasing financial distress. The balance sheet reveals a negative net worth of ₹61.49 crores, indicating that liabilities exceed assets, which places the company in a precarious financial position.<BR><BR>Overall, the results reflect a company in crisis, struggling with persistent losses, declining revenues, and a lack of confidence from both promoters and institutional investors. The stock has also underperformed significantly, dropping 56.07% over the past year, which further underscores the challenges facing Praxis Home Retail.

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.

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.

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.