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PRAXIS · Praxis Home Retail Ltd · Furniture & Fixtures

PRAXIS · Praxis Home Retail Ltd · Furniture & Fixtures

₹4.9-4.8%

As of 06 Nov close

52-week range

52wk low ₹3.3852wk high ₹12.92

62.1% below 52-week high

52-week range: as of 06 Nov 2026 close.

Price chartDaily closes on the stock page.

Stock Condition:Pro

Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.

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Fundamentals as of 15 Sep 2026 · the company's own latest record is 54 days old

Revenue growth acceleratingOperating margin above its own average

Revenue (latest Q)

₹27 Cr

Revenue YoY

PAT YoY

+32.9%

Operating margin

Revenue, last 8 quarters

P/E (TTM)

P/B

Not available from data source

P/S (TTM)

0.8

Sector P/E

Not available from data source

Dividend yield

0.0%

CompanyP/EP/BNet marginROED/EDiv. yield
PRAXIS (this stock)Not meaningful (earnings negative over the last 12 months)Not available from data source-62.0%+79.3%-2.450.0%
Sheela Foam38.14.9+5.3%+6.6%0.28+0.1%
Wakefit Innovations21.44.1+12.7%+23.2%0.24Not available from data source
Stanley Lifestyles186.51.9+1.1%+1.0%0.660.0%

Promoter

stable

FII

stable

MF

Not available from data source

Insider trades

No insider trades in the last 12 months.

Bulk/block deals

No bulk/block deals in the last 12 months.

News timeline

No related news.

Concalls & investor presentations

AI-generated

No concall transcripts or investor presentations recorded yet.

AI Summary of Annual Report

AI-generated
FY2025-26136 pages

The report outlines Praxis Home Retail Limited's operational and financial performance for FY2025-26, highlighting a 32% decline in total income due to inventory constraints and store closures. Management emphasizes strategic initiatives to enhance operational efficiency, expand product offerings, and strengthen financial controls. The company also notes a significant loss during the period and outlines plans to improve liquidity and governance practices.

  • Focus on enhancing operational efficiency through IT investments and supply chain optimization.
  • Expansion of product portfolio guided by customer preferences and global design trends.
  • Strengthening financial controls and governance practices to ensure compliance and regulatory adherence.

Key takeaway: Praxis Home Retail Limited is prioritizing operational efficiency, product diversification, and financial governance to navigate current challenges and improve long-term sustainability.

The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.

Filed with NSE · 02 Sept 2026View source filing →

Governance disclosures

AI-generated

Needs attention

Auditor Qualification (3 items); Regulatory Action (1 item); Default / Covenant Breach (2 items); Investigation or enforcement mention (1 item)

Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.

Auditor Qualification

3 occurrences

Recent (last 12 months)

Annual Report02 Sept 2026 (FY2025-26)
View source filing →

The auditor has issued a modified opinion due to unquantified modifications, which affected the reporting of cash losses and the company's financial position.

Earlier (1-3 years ago)

Annual Report06 Sept 2025 (FY2024-25)· 9 passages
View source filing →

The auditor has issued a disclaimer of opinion due to inability to obtain sufficient audit evidence regarding a security deposit receivable of Rs. 10,100.00 lakhs from a related party, due to uncertainty about its recoverability and related legal proceedings.

Annual Report05 Sept 2024 (FY2023-24)· 17 passages
View source filing →

The Statutory Auditors issued a disclaimer of opinion, which is addressed in Notes 41, 49, and 50 of the Standalone Financial Statements.

Regulatory Action

1 occurrence

Earlier (1-3 years ago)

Annual Report05 Sept 2024 (FY2023-24)· 2 passages
View source filing →

SEBI levied a monetary penalty on Future Corporate Resources Limited (FCRL) and other Persons Acting in Concert (PACs) for not making a public announcement of an Open Offer after FCRL's shareholding in Praxis Home Retail Limited increased to 5.71%.

Default / Covenant Breach

2 occurrences

Earlier (1-3 years ago)

Annual Report06 Sept 2025 (FY2024-25)· 5 passages
View source filing →

An operational creditor has filed an application under section 9 of the Insolvency and Bankruptcy Code, 2016 seeking initiation of Corporate Insolvency Resolution Process against the Company. The matter was pending as of March 31, 2025.

Annual Report05 Sept 2024 (FY2023-24)· 4 passages
View source filing →

The Company has a pending matter under the Insolvency and Bankruptcy Code, 2016 where a Resolution Professional of Future Lifestyle Fashions Limited has filed an interlocutory application against the Company and Promoter, Mr. Kishore Biyani, claiming rent arrears of Rs. 23.21 Crore as of March 31, 2024.

Investigation or enforcement mention

1 occurrence

Recent (last 12 months)

Annual Report02 Sept 2026 (FY2025-26)
View source filing →

The company issued ESOPs without seeking in principle approval from Stock Exchanges, violating Regulation 12(3) of SEBI regulations, and received advisory from BSE & NSE regarding the matter.

Routine disclosures

Contingent Liability

3 occurrences

Recent (last 12 months)

Annual Report02 Sept 2026 (FY2025-26)· 5 passages
View source filing →

The company has a contingent liability of ₹113.80 lakhs in pending income tax demands and ₹678.73 lakhs in pending GST tax demands as of March 31, 2026.

Earlier (1-3 years ago)

Annual Report06 Sept 2025 (FY2024-25)
View source filing →

The Company has a contingent liability of 23.21 Crore related to a claim by FLFL, which is being contested through legal advice and appropriate steps.

Annual Report05 Sept 2024 (FY2023-24)· 2 passages
View source filing →

The company has a contingent liability of ₹113.80 lakhs in pending income tax demands before CIT Appeals. Additionally, it faces a potential GST profiteering claim of ₹368 Lakhs from the Directorate General of Anti Profiteering department for the period 15.11.2017 to 30.09.2019.

Related-Party Transaction

3 occurrences

Recent (last 12 months)

Annual Report02 Sept 2026 (FY2025-26)· 4 passages
View source filing →

The company has significant related party transactions, including purchases from Smartsters Pri.

Earlier (1-3 years ago)

Annual Report06 Sept 2025 (FY2024-25)· 5 passages
View source filing →

The company received a loan waiver of Rs. 8,806.58 lakhs from related parties, including PRAXIS HOME RETAILS LIMITED, which is considered a material related party transaction under SEBI regulations.

Annual Report05 Sept 2024 (FY2023-24)· 2 passages
View source filing →

Praxis Home Retail Limited has disclosed related parties including Future Retail Limited and others, and transactions with them in the ordinary course of business as per Ind AS – 24.

Statutory dues in dispute

1 occurrence

Recent (last 12 months)

Annual Report02 Sept 2026 (FY2025-26)Disputed tax/statutory dues under appeal, not a loan default· 3 passages
View source filing →

The company has statutory dues under the Income Tax Act and Goods and Services Tax (GST) for various assessment years and financial years, with disputes pending before appellate authorities in Mumbai, Delhi, Guwahati, Assam, Gujarat, Karnataka, and Maharashtra as of March 31, 2026.

Management & Board Governance

2 occurrences

Recent (last 12 months)

Annual Report02 Sept 2026 (FY2025-26)· 2 passages
View source filing →

Mr. Samson Samuel, a Non-Executive Director, resigned effective October 01, 2025. Mr. Ashish Bhutda, CEO & Whole-time Director, resigned effective February 02, 2026. Mr. Shashwat Nigam was appointed as Additional Director and CEO & Whole-time Director effective January 30, 2026 and February 03, 2026, respectively.

Earlier (1-3 years ago)

Annual Report06 Sept 2025 (FY2024-25)· 2 passages
View source filing →

The Chief Financial Officer of the company resigned effective April 30, 2024.

Promoter Share Pledge

1 occurrence

Recent (last 12 months)

Structured Filing Data (NSE Pledge Disclosure)18 Jul 2026

32.29% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).

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