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Praxis Home Retail

BSE:540901
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
540901
BSE
₹3B
Market Cap
  1. Home
  2. IN
  3. Retail
Company description

Praxis Home Retail Limited engages in the business of home retailing through departmental stores in India. The last earnings update was 25 days ago. More info.


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  • Praxis Home Retail has significant price volatility in the past 3 months.
540901 Share Price and Events
7 Day Returns
2%
BSE:540901
-3.1%
IN Specialty Retail
-0.7%
IN Market
1 Year Returns
-44.6%
BSE:540901
-36.7%
IN Specialty Retail
-1.6%
IN Market
540901 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Praxis Home Retail (540901) 2% -21.8% -38.1% -44.6% - -
IN Specialty Retail -3.1% -10.1% -10.1% -36.7% 12% 104.3%
IN Market -0.7% 3.6% 0.5% -1.6% 32.8% 41.7%
1 Year Return vs Industry and Market
  • 540901 underperformed the Specialty Retail industry which returned -36.7% over the past year.
  • 540901 underperformed the Market in India which returned -1.6% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Praxis Home Retail undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Praxis Home Retail to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Praxis Home Retail.

BSE:540901 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 15.6%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:540901
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Specialty Retail Unlevered Beta Simply Wall St/ S&P Global 0.86
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.864 (1 + (1- 35%) (8.34%))
0.94
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.94
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.94 * 8.6%)
15.64%

Discounted Cash Flow Calculation for BSE:540901 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Praxis Home Retail is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:540901 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 15.64%)
2019 8.30 Est @ 8.59% 7.17
2020 8.98 Est @ 8.28% 6.72
2021 9.71 Est @ 8.06% 6.28
2022 10.47 Est @ 7.91% 5.86
2023 11.29 Est @ 7.8% 5.46
2024 12.16 Est @ 7.72% 5.09
2025 13.10 Est @ 7.67% 4.74
2026 14.10 Est @ 7.64% 4.41
2027 15.17 Est @ 7.61% 4.10
2028 16.32 Est @ 7.59% 3.82
Present value of next 10 years cash flows ₹53.64
BSE:540901 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹16.32 × (1 + 7.55%) ÷ (15.64% – 7.55%)
₹217.04
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹217.04 ÷ (1 + 15.64%)10
₹50.76
BSE:540901 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹53.64 + ₹50.76
₹104.41
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹104.41 / 24.63
₹4.24
BSE:540901 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹4.24
Current discount Discount to share price of ₹109.50
= -1 x (₹109.50 - ₹4.24) / ₹4.24
-2483.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Praxis Home Retail is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Praxis Home Retail's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Praxis Home Retail's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:540901 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹-10.94
BSE:540901 Share Price ** BSE (2019-06-14) in INR ₹109.5
India Specialty Retail Industry PE Ratio Median Figure of 22 Publicly-Listed Specialty Retail Companies 29.58x
India Market PE Ratio Median Figure of 2,826 Publicly-Listed Companies 15.85x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Praxis Home Retail.

BSE:540901 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:540901 Share Price ÷ EPS (both in INR)

= 109.5 ÷ -10.94

-10.01x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Praxis Home Retail is loss making, we can't compare its value to the IN Specialty Retail industry average.
  • Praxis Home Retail is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Praxis Home Retail's expected growth come at a high price?
Raw Data
BSE:540901 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -10.01x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Specialty Retail Industry PEG Ratio Median Figure of 16 Publicly-Listed Specialty Retail Companies 0.85x
India Market PEG Ratio Median Figure of 522 Publicly-Listed Companies 1.33x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Praxis Home Retail, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Praxis Home Retail's assets?
Raw Data
BSE:540901 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹17.60
BSE:540901 Share Price * BSE (2019-06-14) in INR ₹109.5
India Specialty Retail Industry PB Ratio Median Figure of 27 Publicly-Listed Specialty Retail Companies 1.9x
India Market PB Ratio Median Figure of 3,653 Publicly-Listed Companies 1x
BSE:540901 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:540901 Share Price ÷ Book Value per Share (both in INR)

= 109.5 ÷ 17.60

6.22x

* Primary Listing of Praxis Home Retail.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Praxis Home Retail is overvalued based on assets compared to the IN Specialty Retail industry average.
X
Value checks
We assess Praxis Home Retail's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Specialty Retail industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Specialty Retail industry average (and greater than 0)? (1 check)
  5. Praxis Home Retail has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Praxis Home Retail expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Praxis Home Retail has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.3%
Expected Specialty Retail industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Praxis Home Retail expected to grow at an attractive rate?
  • Unable to compare Praxis Home Retail's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Praxis Home Retail's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Praxis Home Retail's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:540901 Future Growth Rates Data Sources
Data Point Source Value (per year)
India Specialty Retail Industry Earnings Growth Rate Market Cap Weighted Average 33.3%
Asia Specialty Retail Industry Revenue Growth Rate Market Cap Weighted Average 9%
India Market Earnings Growth Rate Market Cap Weighted Average 16.6%
India Market Revenue Growth Rate Market Cap Weighted Average 9.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:540901 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:540901 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 6,842 -269
2018-12-31 6,649 -32
2018-09-30 6,256 -46
2018-06-30 5,383 -53
2018-03-31 3,805 8 -20
2017-12-31 2,359 160
2017-03-31 67 -16 -201

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Praxis Home Retail is high growth as no earnings estimate data is available.
  • Unable to determine if Praxis Home Retail is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:540901 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Praxis Home Retail Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:540901 Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 -10.94
2018-12-31 -4.38
2018-09-30 -2.34
2018-06-30 -2.15
2018-03-31 -2.67
2017-12-31 8.50
2017-03-31 -12,602.21

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Praxis Home Retail will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Praxis Home Retail's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Praxis Home Retail's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Retail companies here
  3. Praxis Home Retail's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Praxis Home Retail's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Praxis Home Retail has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Praxis Home Retail performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Praxis Home Retail's growth in the last year to its industry (Specialty Retail).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Praxis Home Retail does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Praxis Home Retail's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Praxis Home Retail's 1-year growth to the IN Specialty Retail industry average as it is not currently profitable.
Earnings and Revenue History
Praxis Home Retail's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Praxis Home Retail Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:540901 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 6,842.28 -269.38 1,825.64
2018-12-31 6,649.19 -31.68 1,869.85
2018-09-30 6,256.04 -46.16 1,746.10
2018-06-30 5,383.47 -52.99 1,503.82
2018-03-31 3,805.41 -19.91 1,091.07
2017-12-31 2,358.57 159.68 497.59
2017-03-31 66.52 -200.60 152.80
2016-03-31 -0.01
2015-03-31 -0.01
2014-03-31 -0.01
2013-03-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Praxis Home Retail has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Praxis Home Retail has efficiently used its assets last year compared to the IN Specialty Retail industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Praxis Home Retail improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Praxis Home Retail's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Specialty Retail industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Praxis Home Retail has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Praxis Home Retail's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Praxis Home Retail's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Praxis Home Retail's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Praxis Home Retail's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Praxis Home Retail's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 12.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Praxis Home Retail Company Filings, last reported 2 months ago.

BSE:540901 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 431.13 225.02 138.15
2018-12-31 677.91 90.55 65.13
2018-09-30 677.91 90.55 65.13
2018-06-30 701.82 54.93 45.92
2018-03-31 701.82 54.93 45.92
2017-12-31
2017-03-31 -200.37 0.00 9.91
2016-03-31 -0.12 0.11 0.01
2015-03-31 -0.11 0.11 0.01
2014-03-31 -0.10 0.11 0.01
2013-03-31 -0.10 0.00 0.00
  • Praxis Home Retail's level of debt (52.2%) compared to net worth is high (greater than 40%).
  • Praxis Home Retail had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Praxis Home Retail has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Praxis Home Retail has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -39.4% per year.
X
Financial health checks
We assess Praxis Home Retail's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Praxis Home Retail has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Praxis Home Retail's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Praxis Home Retail dividends.
If you bought ₹2,000 of Praxis Home Retail shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Praxis Home Retail's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Praxis Home Retail's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:540901 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Specialty Retail Industry Average Dividend Yield Market Cap Weighted Average of 12 Stocks 0.5%
India Market Average Dividend Yield Market Cap Weighted Average of 1449 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Praxis Home Retail has not reported any payouts.
  • Unable to verify if Praxis Home Retail's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Praxis Home Retail's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Praxis Home Retail has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Praxis Home Retail's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Praxis Home Retail afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Praxis Home Retail has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Praxis Home Retail's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mahesh Shah
AGE 50
CEO Bio

Mr. Mahesh Shah serves as the Chief Executive Officer of Praxis Home Retail Limited. Mr. Shah has more than 25 years of industry experience having worked in leadership positions across organisations like Landmark Group- Homecentre, NIlkamal Plastics – At Home and VIP Industries. He is one of the founding members of Hometown. He holds an engineering degree from VJTI and holds a Masters Degree in Management from SP Jain Institute of Management.

CEO Compensation
  • Insufficient data for Mahesh to compare compensation growth.
  • Insufficient data for Mahesh to establish whether their remuneration is reasonable compared to companies of similar size in India.
Management Team Tenure

Average tenure and age of the Praxis Home Retail management team in years:

1.5
Average Tenure
42
Average Age
  • The average tenure for the Praxis Home Retail management team is less than 2 years, this suggests a new team.
Management Team

Viraj Didwania

TITLE
Chairman & MD
COMPENSATION
₹12M
AGE
36
TENURE
1.7 yrs

Smita Chowdhury

TITLE
Compliance Officer & Company Secretary
COMPENSATION
₹410K
TENURE
1.5 yrs

Mahesh Shah

TITLE
Chief Executive Officer
AGE
50

Anil Chandak

TITLE
Chief Financial Officer
TENURE
0.3 yrs

Sumit Midha

TITLE
Chief Operating Officer

Medha Tawde

TITLE
Chief Marketing Officer
AGE
45

Thomas Johan

TITLE
Head- Strategy & Planning

Sujoy Mitra

TITLE
Business Head -IT

Chinmay Bhatt

TITLE
Chief of Category – Homeware
AGE
39
Board of Directors Tenure

Average tenure of the Praxis Home Retail board of directors in years:

1.5
Average Tenure
  • The average tenure for the Praxis Home Retail board of directors is less than 3 years, this suggests a new board.
Board of Directors

Viraj Didwania

TITLE
Chairman & MD
COMPENSATION
₹12M
AGE
36
TENURE
1.5 yrs

Shrirang Sarda

TITLE
Non-Executive and Non-Independent Director
COMPENSATION
₹100K
TENURE
1.5 yrs

Shantanu Shah

TITLE
Independent Director
COMPENSATION
₹110K
TENURE
1.5 yrs

S. Subramanian

TITLE
Independent Director
COMPENSATION
₹140K
AGE
68
TENURE
1.5 yrs

Pankaj Bhargava

TITLE
Independent Director
COMPENSATION
₹160K
TENURE
1.5 yrs

Sridevi Badiga

TITLE
Independent Director
COMPENSATION
₹120K
TENURE
1.5 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Praxis Home Retail insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
29. Mar 19 Buy Sangita Biyani Individual 27. Mar 19 27. Mar 19 110,000 ₹178.00 ₹19,579,999
29. Mar 19 Sell Surplus Finvest Private Limited Company 27. Mar 19 27. Mar 19 -110,000 ₹178.00 ₹-19,579,999
X
Management checks
We assess Praxis Home Retail's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Praxis Home Retail has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Praxis Home Retail Limited engages in the business of home retailing through departmental stores in India. The company offers furniture, homeware, electronics, and home improvement products, as well as customized solutions in kitchen and wardrobes, and interior solutions. It owns and operates 39 stores in 26 cities under the HomeTown, DuraCucine, odele, and Living Essence brand names, as well as www.hometown.in, a web portal. Praxis Home Retail Limited incorporated in 2011 and is based in Mumbai, India.

Details
Name: Praxis Home Retail Limited
540901
Exchange: BSE
Founded: 2011
₹2,697,336,276
24,633,208
Website: http://www.praxisretail.in
Address: Praxis Home Retail Limited
Jolly Board Tower D,
Ground Floor,
Mumbai,
Maharashtra, 400042,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 540901 Equity Shares Mumbai Stock Exchange IN INR 31. Jan 2018
NSEI PRAXIS Equity Shares National Stock Exchange of India IN INR 31. Jan 2018
Number of employees
Current staff
Staff numbers
1,766
Praxis Home Retail employees.
Industry
Homefurnishing Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/17 12:58
End of day share price update: 2019/06/14 00:00
Last earnings filing: 2019/05/23
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.