Praxis Home Retail Ltd

Praxis Home Retail Ltd

₹ 34.0 1.95%
01 Dec - close price
About

Praxis Home Retail Ltd is engaged in the business of Home Retailing through departmental stores under various formats across the country.[1]

Key Points

Products
The co’s product portfolio includes Home Furnishings, Furniture, Tableware, Home Décor, Kitchenware, Bath vanity, Modular Kitchens and Electronics. The co also offers a complete home interior consultation and project management services. In 2016, it extended its presence online with a specially curated assortment of product offerings catering to the specific needs of the new-age online customers. [1][2]

  • Market Cap 425 Cr.
  • Current Price 34.0
  • High / Low 37.3 / 11.0
  • Stock P/E
  • Book Value 0.72
  • Dividend Yield 0.00 %
  • ROCE -17.4 %
  • ROE %
  • Face Value 5.00

Pros

  • Company has reduced debt.

Cons

  • Stock is trading at 47.3 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -3.21%
  • The company has delivered a poor sales growth of 0.29% over past five years.
  • Earnings include an other income of Rs.10.0 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Retail Industry: Trading

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Quarterly Results

Figures in Rs. Crores

Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
84 112 93 48 114 130 107 104 106 106 71 50 59
100 135 110 59 110 118 113 108 115 97 70 57 63
Operating Profit -16 -23 -17 -11 4 12 -6 -4 -10 8 2 -7 -4
OPM % -19% -20% -18% -23% 3% 9% -6% -4% -9% 8% 3% -14% -7%
5 30 23 22 20 14 25 12 24 1 4 0 4
Interest 10 8 7 6 6 5 6 5 5 7 6 5 5
Depreciation 14 14 13 10 11 11 11 7 6 9 13 9 9
Profit before tax -35 -15 -14 -5 7 10 2 -4 2 -7 -13 -20 -14
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
-35 -15 -14 -5 7 10 2 -4 3 -7 -13 -20 -14
EPS in Rs -3.21 -1.42 -1.19 -0.39 0.54 0.81 0.18 -0.35 0.20 -0.53 -1.01 -1.59 -1.10
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
0 0 0 0 0 7 381 683 703 313 399 386 286
0 0 0 0 0 27 382 705 687 391 401 390 287
Operating Profit -0 0 0 0 0 -20 -2 -22 16 -78 -2 -4 -1
OPM % -304% -0% -3% 2% -25% -0% -1% -0%
0 0 0 0 0 0 2 1 0 66 82 40 10
Interest 0 0 0 0 0 0 3 4 40 34 23 22 22
Depreciation 0 0 0 0 0 0 0 0 57 57 43 36 40
Profit before tax -0 0 0 0 0 -20 -3 -26 -81 -103 14 -21 -53
Tax % 0% 1% 28% -3% -0% 0% 0% 0%
-0 0 0 0 0 -20 -2 -27 -81 -103 14 -21 -53
EPS in Rs -1,003.00 -0.21 -2.79 -7.46 -8.67 1.15 -1.68 -4.23
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 0%
3 Years: -18%
TTM: -36%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 11%
TTM: -156%
Stock Price CAGR
10 Years: %
5 Years: -14%
3 Years: 30%
1 Year: 41%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0 0 0 0 0 0 12 12 14 15 38 38 62
Reserves -0 -0 -0 -0 -0 -20 58 31 24 -79 -37 -56 -53
Preference Capital 0 0 0 0 0 0 4 5 5 5 0 0
0 0 0 0 0 0 1 23 374 245 208 157 163
0 0 0 0 0 26 276 317 215 226 202 177 146
Total Liabilities 0 0 0 0 0 6 348 384 626 407 411 316 318
0 0 0 0 0 2 1 2 271 143 105 115 115
CWIP 0 0 0 0 0 0 0 0 0 0 1 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 4 347 382 355 264 305 201 204
Total Assets 0 0 0 0 0 6 348 384 626 407 411 316 318

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0 -2 1 -1 -77 51 24 74
0 2 4 -4 -3 -0 -3 -10
0 0 -1 14 72 -52 -20 -69
Net Cash Flow 0 1 4 9 -8 -1 2 -5

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 0 7 8 10 14 0 1
Inventory Days 0 290 179 151 150 221 108
Days Payable 362 233 119 224 259 217
Cash Conversion Cycle 0 -66 -45 42 -60 -39 -107
Working Capital Days -883 -52 -25 21 -58 89 18
ROCE % 1% -29% -17% -23% 19% -17%

Shareholding Pattern

Numbers in percentages

14 Recently
Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
61.74% 65.21% 66.66% 66.66% 55.66% 55.66% 55.66% 55.66% 55.66% 55.39% 44.49% 41.29%
4.71% 4.29% 4.11% 5.23% 2.55% 2.55% 2.55% 2.56% 2.55% 2.39% 1.92% 1.92%
2.54% 2.31% 2.21% 1.04% 1.41% 1.41% 1.50% 1.50% 1.50% 1.49% 0.89% 0.89%
31.01% 28.20% 27.02% 27.07% 40.38% 40.38% 40.29% 40.28% 40.29% 40.73% 52.70% 55.91%
No. of Shareholders 27,08125,26324,92624,54224,62724,08023,93024,44124,53824,80125,44224,430

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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