Share price at the NSE close on 23 Oct 2026. Previous close ₹3.70.
- Next results date: the board meets on 5 Nov 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹65 Cr2,665th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Net worth zero or below
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business.
- Net worth zero or below
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- Net worth zero or below
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 4,66,88273.9% delivered
Praxis Home Retail board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonRavi Venkatraman
- Chief executiveShashwat Nigam
- Company Secretary and Compliance OfficerCharu Srivastava
6 directors4 independent1 executive1 non-executive
- Ravi Venkatraman · ChairpersonIndependent · joined Dec 2025 · reappointed Dec 2025 · 6 months as independent · 4 listed boards · 4 as independent · 9 committee seats, 5 as chair
- Anou SinghviIndependent · joined Jun 2021 · reappointed Jun 2026 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Lynette Robert MonteiroNon-executive · joined Apr 2023 · reappointed Jul 2023 · 38 months as independent · 2 listed boards · 2 committee seats, 1 as chair
- Rahul GambhirIndependent · joined Jun 2026 · reappointed Jun 2026 · 0 months as independent · 1 listed board · 1 as independent
- Chetranda Somanna MuddaiahIndependent · joined Jun 2026 · reappointed Jun 2026 · 0 months as independent · 1 listed board · 1 as independent
- Shashwat Nigam · Chief executiveExecutive · joined Jan 2026 · reappointed Feb 2026 · 5 months as independent · 1 listed board · 1 committee seat
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
4 directors who left
- Jacob Mathew, left 25 Mar 2026: Tenure Completion
- Vijai Singh Dugar, left 14 Mar 2026: Others
- Ashish Bhutda, left 2 Feb 2026: Others
- Samson Samuel, left 1 Oct 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 29 May 20264 of 4 present2 independent · 43 days in between
- 15 Apr 20263 of 4 present1 independent · 74 days in between
- 30 Jan 20267 of 7 present4 independent
Audit Committee
Chair Ravi Venkatraman
Anou Singhvi, Lynette Robert Monteiro
- 29 May 20263 of 3 present2 independent · 118 days in between
- 30 Jan 20263 of 3 present3 independent
Nomination and remuneration committee
Chair Anou Singhvi
Lynette Robert Monteiro, Ravi Venkatraman
- 29 May 20263 of 3 present2 independent · 51 days in between
- 7 Apr 20262 of 3 present1 independent · 266 days in between
- 14 Jul 20252 of 3 present1 independent
Stakeholders Relationship Committee
Chair Lynette Robert Monteiro
Anou Singhvi, Shashwat Nigam
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- M/s Singhi & Co.Peer-review certificate valid to Aug 2028
1 earlier auditor
- Singhi and Co.Named in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Praxis Home Retail AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Praxis Home Retail share news and announcements
Annual general meeting, 25 Sep 2026
27,205 shareholders on the register on 18 Sep 2026; present: 4 promoters and 46 others; votes counted by Anant Gude / Anant Gude & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 21.94% · promoters 0.00% · institutions 0.00% · other public 24.07%
To appoint a director in place of Ms. Lynette Monteiro (DIN: 07901400), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers herself for re-appointment.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 21.94% · promoters 0.00% · institutions 0.00% · other public 24.07%
- To appoint Mr. Rahul Gambhir (DIN: 02965566) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 21.94% · promoters 0.00% · institutions 0.00% · other public 24.07%
- To appoint Mr. Chetranda Somanna Muddaiah (DIN: 11765478) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 21.94% · promoters 0.00% · institutions 0.00% · other public 24.07%
- To appoint Mr. Mahesh Meenakshisundaram (DIN: 09796548) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 21.94% · promoters 0.00% · institutions 0.00% · other public 24.07%
- Approval for amendment/variation of the Praxis Employee Stock Option Plan – 2024Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 21.94% · promoters 0.00% · institutions 0.00% · other public 24.07%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 8 Mar 2026, 3 resolutions
27,335 shareholders on the register on 30 Jan 2026; votes counted by Anant Gude / Anant Gude & Associates.The company's voting result (opens in a new tab)
- To approve the appointment of Mr. Ravi Venkatraman (DIN: 00307328) as an Independent Director of the CompanySpecial92.00% for8.00% against
Against: other public 8.00%
Turnout: all 0.00% · other public 0.00%
- To approve the appointment of Mr. Shashwat Nigam (DIN:10277690) as a Director of the CompanyOrdinary92.00% for8.00% against
Against: other public 8.00%
Turnout: all 0.00% · other public 0.00%
- To approve the remuneration and appointment of Mr. Shashwat Nigam (DIN:10277690) as a CEO & Whole-time Director of the CompanySpecial91.20% for8.80% against
Against: other public 8.80%
Turnout: all 0.00% · other public 0.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 29 Sep 2025, 5 resolutions
27,588 shareholders on the register on 22 Sep 2025; present: 0 promoters and 42 others; votes counted by Anant Gude / Anant Gude & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025 together with the Reports of the Board of Directors and the Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · other public 100.00%
- To appoint a director in place of Mr. Samsun Samuel (DIN: 07523995), Non-Executive Non-Independent Director, who retires by rotation and being eligible, offers herself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · other public 100.00%
To appoint Mr. Anant Gude, of Anant Gude & Associates, Practicing Company Secretary as the Secretarial Auditor of the Company for a term of five (5) consecutive years commencing from the financial year 2025-26 upto financial year 2029-30MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · other public 100.00%
To approve Material Related Party Transactions involving waiver of loan and interest payable by the Company aggregating to Rs. 8,806.58 Lakhs (Rupees Eight Thousand Eight Hundred Six Lakhs and Fifty Eight Thousand only)MoreLess
SpecialPromoters have an interest in it100.00% for0.00% againstAgainst: other public 0.00%
Turnout: all 100.00% · other public 100.00%
To approve Material Related Party Transactions involving borrowings by the Company aggregating to Rs. 3,345.08 lakhs (Rupees Three Thousand Three Hundred Forty-Five Lakhs only) on the terms that such loans shall carry interest @ 12% per annum and shall be repaid in three instalments)MoreLess
SpecialPromoters have an interest in it100.00% for0.00% againstAgainst: other public 0.00%
Turnout: all 100.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 13 Mar 2025, 1 resolution
26,203 shareholders on the register on 6 Mar 2025; present: 2 promoters and 35 others; votes counted by Anant Gude & Associates / Anant Gude.The company's voting result (opens in a new tab)
- Issue of Equity Shares on Preferential basisSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 28.97% · promoters 98.72% · institutions 0.00% · other public 6.95%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 14 Dec 2024, 2 resolutions
The company's voting result (opens in a new tab)
- Appointment of Mr. Ashish Bhutda (DIN:10810844) as a DirectorOrdinary99.81% for0.19% against
Against: promoters 0.00% · institutions 0.00% · other public 20.02%
Turnout: all 28.28% · promoters 98.82% · institutions 0.00% · other public 0.38%
- Appointment of Mr. Ashish Bhutda (DIN: 10810844) as a CEO & Whole-time DirectorSpecial99.81% for0.19% against
Against: promoters 0.00% · institutions 0.00% · other public 20.02%
Turnout: all 28.28% · promoters 98.82% · institutions 0.00% · other public 0.38%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 28 Sep 2024, 3 resolutions
Present: 2 promoters and 39 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024 together with the Reports of the Board of Directors and the Auditors thereonMoreLess
Ordinary99.60% for0.40% againstAgainst: promoters 0.00% · institutions 0.00% · other public 32.52%
Turnout: all 29.58% · promoters 98.87% · institutions 0.00% · other public 0.54%
- To appoint a director in place of Ms. Lynette Robert Monteiro (DIN:07901400), Non-Executive Non-Independent Director, who retires by rotation and being eligible, offers herself for re-appointmentOrdinary99.82% for0.18% against
Against: promoters 0.00% · institutions 0.00% · other public 14.43%
Turnout: all 29.58% · promoters 98.87% · institutions 0.00% · other public 0.54%
- To appoint Mr. Vijai Singh Dugar (DIN: 06463399) as an Independent DirectorSpecial99.82% for0.18% against
Against: promoters 0.00% · institutions 0.00% · other public 14.33%
Turnout: all 29.58% · promoters 98.87% · institutions 0.00% · other public 0.54%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 29 Aug 2024, 1 resolution
The company's voting result (opens in a new tab)
- Increase the Authorised Share Capital and consequent amendment to the Memorandum ofnAssociation of the CompanyOrdinary98.90% for1.10% against
Against: promoters 0.00% · institutions 0.00% · other public 5.94%
Turnout: all 4.83% · promoters 11.87% · institutions 0.00% · other public 1.38%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 27 Apr 2024, 3 resolutions
Present: 5 promoters and 32 others.The company's voting result (opens in a new tab)
- 1 - To issue Convertible Warrants on a Preferential BasisSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.13%
Turnout: all 33.40% · promoters 100.00% · institutions 0.00% · other public 0.39%
- 2 - To approve ‘Praxis Employee Stock Option Plan 2024’ and grant of Employee Stock Options to the employees of the Company- Special ResolutionSpecial99.84% for0.16% against
Against: promoters 0.00% · institutions 0.00% · other public 21.18%
Turnout: all 33.40% · promoters 100.00% · institutions 0.00% · other public 0.39%
- To grant Employee Stock Options to the employees of the Subsidiary(ies) under ‘Praxis Employee Stock Option Plan 2024.Special99.84% for0.16% against
Against: promoters 0.00% · institutions 0.00% · other public 21.22%
Turnout: all 33.40% · promoters 100.00% · institutions 0.00% · other public 0.39%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeDirectorate General of Anti Profeetering (GST)Since 27 Nov 2020The matter is sub-judice and final order is awaited.
At the filing before: The Company has received demand notice from the Directorate General of Anti Profiteering department wherein the department has stated that the Company has contravened the provisions of Section 171(1) of the Central Goods and Service Tax Act, 2017 and the benefit of the rate reduction in GST from 28% to 18% was not passed on to the recipients by increasing the base price of the products. As per the report the total amount of profiteering covered for the period November 15, 2017 to September 30, 2019 has been worked out to Rs.368 Lakhs. The Company has submitted its reply on January 18, 2021 to National Anti-Profiteering Authority (GST). The Company was granted personal hearing in the matter by National Anti-Profiteering Authority (GST) on April 7, 2022. Pursuant to the said hearing, the Company has argued and submitted its reply vide letter date April 12, 2022 to emphasize the fact that the benefit of GST rate change was duly passed on to the customers. Further clarification was required by the Directorate General of Anti Profiteering department on November 3, 2022, for which Company has submitted its reply vide letter dated November 17, 2022. Pursuant to the issuance of the DGAP Report dated 29.03.2023 and the GSTAT Order dated 02.12.2025, the Company filed its written submissions on 17.12.2025, followed by supplementary submissions on 05.01.2026.During the course of the last hearing held on 07.01.2026, the DGAP acknowledged receipt of the Company’s written submissions dated 17.12.2025 and the supplementary submissions dated 05.01.2026.MoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Mar 2026. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Spent elsewhere, amount | Reason and comments |
|---|---|---|---|---|---|---|---|
| Rights IssuesAug 2025 | 49.58 | To reduce the current liabilities by repaying part of our borrowings | 10.00 | 10.00 | Yes | The deviation/variation pertains only to reallocation of funds among the stated objects of the Rights Issue. The amount of Rs. 7.42 Lakhs originally allocated towards Issue Related Expenses was utilized towards Repayment of outstanding trade payables under current liabilities and General Corporate Purposes. There is no deviation in the overall utilization of issue proceeds from the objects stated in the Letter of Offer.MoreLess | |
| Rights IssuesAug 2025 | 49.58 | To reduce the current liabilities by repaying part of our outstanding Trade payables | 28.01 | 28.01 | Yes | 0.01 | The deviation/variation pertains only to reallocation of funds among the stated objects of the Rights Issue. The amount of Rs. 7.42 Lakhs originally allocated towards Issue Related Expenses was utilized towards Repayment of outstanding trade payables under current liabilities and General Corporate Purposes. There is no deviation in the overall utilization of issue proceeds from the objects stated in the Letter of Offer.MoreLess |
| Rights IssuesAug 2025 | 49.58 | General Corporate Purposes | 10.60 | 10.60 | Yes | 0.06 | The deviation/variation pertains only to reallocation of funds among the stated objects of the Rights Issue. The amount of Rs. 7.42 Lakhs originally allocated towards Issue Related Expenses was utilized towards Repayment of outstanding trade payables under current liabilities and General Corporate Purposes. There is no deviation in the overall utilization of issue proceeds from the objects stated in the Letter of Offer.MoreLess |
| Rights IssuesAug 2025 | 49.58 | Issue related expenses | 0.97 | 0.97 | Yes | 0.07 | The deviation/variation pertains only to reallocation of funds among the stated objects of the Rights Issue. The amount of Rs. 7.42 Lakhs originally allocated towards Issue Related Expenses was utilized towards Repayment of outstanding trade payables under current liabilities and General Corporate Purposes. There is no deviation in the overall utilization of issue proceeds from the objects stated in the Letter of Offer.MoreLess |