Praxis Home Retail Ltd. (PRAXIS) AI Stock Analysis

• Market Cap: ₹1.74B
• Dividend Yield: N/A
• Average Volume (3M): 102.14K
• Price to Earnings (P/E): 6.2
• Beta (1Y): 0.52
• Revenue Growth: -36.99%
• EPS Growth: N/A
• Country: IN
• Employees: 692
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Specialty Retail
• EPS (TTM): 4.38
• Shares Outstanding: 184,910,690
• 10 Day Avg. Volume: 137,359
• 30 Day Avg. Volume: 102,135
• PEG Ratio: 0.05
• Price to Book (P/B): -1.96
• Price to Sales (P/S): 1.01
• P/FCF Ratio: -4.19
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: ₹10.50 ▲(12.30% Upside)

Praxis Home Retail Ltd. faces significant financial challenges with declining revenues and high leverage, which are the most impactful factors on its stock score. Technical indicators suggest a bearish trend, further weighing down the score. Although the stock appears undervalued, the financial instability overshadows potential valuation benefits.

Positive Factors

E-commerce Growth

The increasing importance of e-commerce in Praxis's revenue model positions the company to benefit from the growing trend of online shopping, which can drive long-term revenue growth and market expansion.

Product Diversification

A diverse product range helps mitigate risks associated with market fluctuations in specific categories, supporting stable revenue streams and customer retention over time.

Customer Loyalty

Exclusive products and promotions can enhance customer loyalty and encourage repeat business, fostering a strong customer base and competitive advantage in the home retail market.

Negative Factors

High Leverage

High leverage and negative equity indicate financial instability, posing risks to long-term solvency and limiting the company's ability to invest in growth opportunities.

Declining Revenue

Consistent revenue decline and net losses reflect operational challenges, threatening the company's ability to sustain its market position and financial health over time.

Negative Cash Flow

Negative cash flow suggests inefficiencies in operations, limiting the company's capacity to fund new initiatives and maintain financial stability, which could impact long-term growth.

Praxis Home Retail Ltd. Business Overview & Revenue Model

Company Description

Praxis Home Retail Limited engages in the business of home retailing through departmental stores in India. The company offers furniture, homeware, décor and furnishings, modular kitchen, kitchenware, electronics, and bathroom accessories, as well as customized solutions in kitchen and wardrobes, and interior design consultation and services for homes and offices. As of March 31, 2022, it owned and operated 43 stores in 28 cities under the HomeTown brand name, as well as operates www.hometown.in, a web portal. The company was founded in 2007 and is based in Mumbai, India. Praxis Home Retail Limited is a subsidiary of Future Corporate Resources Limited.

How the Company Makes Money

Praxis Home Retail Ltd. generates revenue primarily through the sale of a diverse array of home improvement products in both physical stores and online. The company's key revenue streams include direct sales of DIY tools, gardening supplies, home furnishings, and decorative items. Additionally, PRAXIS benefits from seasonal promotions and special sales events, which drive increased foot traffic and online visits. The company may also engage in partnerships with manufacturers and suppliers, allowing it to offer exclusive products and promotions that enhance customer loyalty and encourage repeat business. Moreover, e-commerce sales have become a significant part of the revenue model, catering to the growing demand for online shopping in the home retail space.

Praxis Home Retail Ltd. Financial Statement Overview

Summary

Praxis Home Retail Ltd. is experiencing financial difficulties with declining revenues, high leverage, and negative profit margins. The company shows a concerning trajectory with persistent losses and negative cash flows, indicating a need for immediate strategic interventions to improve operational efficiencies and financial stability.

Income Statement

Praxis Home Retail Ltd. shows declining revenue with significant net losses over the years. Gross and net profit margins are negative, indicating operational challenges. The EBIT and EBITDA margins further reflect poor profitability. The company needs to address its revenue decline and improve cost management to stabilize its financial health.

Balance Sheet

The balance sheet reveals high leverage with a negative stockholders' equity, suggesting financial instability. The negative equity ratio and high debt-to-equity ratio present significant financial risk. The company's assets are insufficient to cover its liabilities, indicating potential solvency issues that need urgent attention.

Cash Flow

Praxis Home Retail Ltd. faces negative free cash flow, indicating challenges in generating sufficient cash from operations. The operating cash flow to net income ratio is unfavorable, reflecting inefficiencies in cash conversion. Positive financing cash flow in recent years has been unable to offset the operational cash flow issues.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.11B	1.19B	2.19B	3.86B	3.99B	3.12B
Gross Profit	429.10M	494.31M	1.03B	415.50M	1.54B	638.17M
EBITDA	-51.86M	91.92M	-273.56M	367.72M	801.57M	-122.21M
Net Income	-417.53M	-349.79M	-857.13M	-210.14M	142.36M	-1.03B
Balance Sheet
Total Assets	0.00	3.13B	3.19B	3.12B	4.10B	3.97B
Cash, Cash Equivalents and Short-Term Investments	17.55M	1.08B	19.61M	17.85M	65.26M	48.58M
Total Debt	0.00	2.54B	1.86B	1.57B	2.08B	2.50B
Total Liabilities	614.87M	3.75B	3.62B	3.30B	4.09B	4.61B
Stockholders Equity	-614.87M	-614.87M	-431.75M	-179.50M	7.65M	-640.38M
Cash Flow
Free Cash Flow	0.00	-288.20M	-355.36M	642.16M	212.04M	506.44M
Operating Cash Flow	0.00	-274.88M	-287.22M	744.16M	237.36M	507.55M
Investing Cash Flow	0.00	-13.32M	-66.25M	-102.00M	-25.31M	-1.11M
Financing Cash Flow	0.00	285.80M	355.23M	-689.23M	-195.36M	-518.59M

Praxis Home Retail Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 9.35
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PRAXIS, the sentiment is Negative. The current price of 9.35 is below the 20-day moving average (MA) of 9.39, below the 50-day MA of 10.11, and below the 200-day MA of 11.43, indicating a bearish trend. The MACD of -0.20 indicates Negative momentum. The RSI at 44.43 is Neutral, neither overbought nor oversold. The STOCH value of 60.34 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:PRAXIS.

Praxis Home Retail Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MANOMAY	69 Neutral	₹3.77B	19.57	―	―	8.41%	8.81%
SCPL	64 Neutral	₹3.18B	22.73	―	―	-3.32%	-29.05%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
JAYSREETEA	61 Neutral	₹2.41B	3.98	―	0.57%	5.48%	816.63%
UNIVPHOTO	56 Neutral	₹2.30B	-1.46	―	―	―	―
OSIAHYPER	54 Neutral	₹2.54B	9.42	―	―	7.37%	-2.12%
PRAXIS	45 Neutral	₹1.74B	6.19	―	―	-36.99%	―

Praxis Home Retail Ltd. Corporate Events

Praxis Home Retail Shuts Two Stores, Faces BSE Fine for Compliance Lapse

Praxis Home Retail Limited has shut down operations at two underperforming stores in Gachibowli, Hyderabad, and Rajarhat, Kolkata, citing operational unviability; these outlets contributed 2.66% and 7.48% respectively to the company’s FY25 revenue, and management said it is actively exploring alternative strategic locations to strengthen its retail network and competitive position. Separately, the company disclosed that BSE has levied a fine of Rs 3.6 lakh for a delayed submission of listing approval related to equity shares issued on warrant conversion, with Praxis characterizing the lapse as inadvertent while signaling ongoing attention to regulatory compliance.

Praxis Home Retail Announces Resignation of Category Head for Furniture

Praxis Home Retail Limited has announced the resignation of senior management member Mr. Ketan Gandhalikar, who served as Category Head and Head-Furniture, effective from the close of business on January 2, 2025, citing personal reasons and better opportunities, with the company confirming there are no other material reasons for his departure. The exit of a key category head, particularly overseeing the furniture segment, signals a notable change in the company’s leadership structure and could have operational implications for category strategy and execution, though Praxis has not yet disclosed its succession or replacement plans.

Praxis Home Retail Inducts Veteran Finance Executive Ravi Venkatraman as Independent Director

Praxis Home Retail Limited has appointed veteran finance executive Ravi Venkatraman as an Additional Independent Director for a five-year term starting December 30, 2025, subject to shareholder approval. Venkatraman, a chartered and cost accountant with over four decades of experience in the BFSI sector and a long tenure as Executive Director and CFO at Mahindra & Mahindra Financial Services, brings deep expertise in strategy, capital raising, governance, risk management and technology transformation, signaling Praxis’s intent to strengthen its board oversight and corporate governance as it navigates its next phase of growth.

Praxis Home Retail Faces Legal Challenge Over Lease Deed

Praxis Home Retail Limited has announced that an Interlocutory Application has been filed against it by Aegis Resolution Services Private Limited, related to a lease deed with Ojas Tradelease and Mall Management Private Limited. The application, which is yet to be admitted by the National Company Law Tribunal (NCLT), seeks to declare the lease deed as fraudulent and demands compensation from Praxis. The company is currently seeking legal advice and will assess the financial implications based on the proceedings’ outcome.