Praxis Home Retail Limited

Founded in 2011 and headquartered in Maharashtra, India.

2011 | Mumbai, Maharashtra (India) | Active
Last Updated: December 30, 2024

Praxis Home Retail Profile

Key Indicators

  • Authorised Capital ₹ 106.30 Cr
  • Paid Up Capital ₹ 73.91 Cr
  • Company Age 14 Year, 21 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.00 Cr
  • Satisfied Charges ₹ 11.00 Cr
  • Revenue Growth 27.03%
  • Profit Growth 113.79%
  • Ebitda 97.45%
  • Net Worth 100.98%
  • Total Assets 3.17%

About Praxis Home Retail

Praxis Home Retail Limited (PHRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 January 2011 and has a history of 14 years. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540901 and on the National Stock Exchange(NSE) under PRAXIS.

The Corporate was formerly known as Praxis Home Retail Private Limited. The Company is engaged in the Consumer Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 106.30 Cr and a paid-up capital of Rs 73.91 Cr.

The company currently has active open charges totaling ₹13.00 Cr. The company has closed loans amounting to ₹11.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Praxis Home Retail Limited India are Samir Kedia as CFO and Vimal Dhruve as Company Secretary. Jacob Mathew, Vijai Dugar, Samson Samuel, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    praxisretail.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L52100MH2011PLC212866

  • Company No.

    212866

  • Stock Symbol

    BSE : 540901 NSE : PRAXIS

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Jan 2011

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Consumer Services

Who are the key members and board of directors at Praxis Home Retail?

Executive Team (2)

NameDesignationAppointment DateStatus
Samir Kedia Country flag representing In CFO27-Jan-2022Current
Vimal Dhruve Company Secretary24-Aug-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Lynette Monteiro Country flag representing In Director 13-Apr-2023Current
Jacob Mathew Country flag representing In Director 26-Mar-2021Current
Anou Singhvi Country flag representing Us Director 30-Jun-2021Current
Vijai Dugar Country flag representing In Director 12-Aug-2024Current
Samson Samuel Country flag representing In Director 14-Mar-2023Current
Ashish Bhutda Director 11-Nov-2024Current

Financial Performance of Praxis Home Retail.

Praxis Home Retail Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 27.03% increase. The company also saw a substantial improvement in profitability, with a 113.79% increase in profit. The company's net worth Soared by an impressive increase of 100.98%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
27.03%
Revenue from Operations
27.40%
Total Assets
3.17%
Profit or Loss
113.79%
Net Worth
100.98%
EBITDA
97.45%

What is the Ownership and Shareholding Structure of Praxis Home Retail?

In 2022, Praxis Home Retail had a promoter holding of 55.66% and a public holding of 44.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.00 Cr

Satisfied Charges

₹11.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 13.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Jun 2018Others₹13.00 CrOpen
26 Oct 2019Others₹11.00 CrSatisfied

How Many Employees Work at Praxis Home Retail?

Praxis Home Retail has a workforce of 834 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Praxis Home Retail, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Praxis Home Retail's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Praxis Home Retail

Recent activity within the organization

  • Director Appointment

    Ashish Bhutda was appointed as a Director was appointed as a Director on 11 Nov 2024 & has been associated with this company since 3 months 11 days .

    11 Nov 2024

  • Annual General Meeting

    Praxis Home Retail Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Director Appointment

    Vimal Kumudchandra Dhruve was appointed as a Company Secretary was appointed as a Company Secretary on 24 Aug 2024 & has been associated with this company since 5 months 29 days .

    24 Aug 2024

  • Director Appointment

    Vijai Singh Dugar was appointed as a Director was appointed as a Director on 12 Aug 2024 & has been associated with this company since 6 months 11 days .

    12 Aug 2024

  • Charges

    A charge registered on 26 Oct 2019 via Charge ID 100303097 with Others was fully satisfied on 26 Apr 2024.

    26 Apr 2024

  • Balance Sheet

    Praxis Home Retail Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Praxis Home Retail Limited was incorporated on 31 Jan 2011.

  • The authorized share capital of Praxis Home Retail Limited is ₹ 106.30 Cr and paid-up capital is ₹ 73.91 Cr.

  • Currently 8 directors are associated with Praxis Home Retail Limited.

    • Jacob Mathew
    • Vijai Singh Dugar
    • Samson Charuvil Samuel
    • Anou Singhvi
    • Lynette Robert Monteiro
    • Ashish Bhutda
    • Samir Kedia
    • Vimal Kumudchandra Dhruve
  • As per Ministry of Corporate Affairs (Mca), the registered address of Praxis Home Retail Limited is 2Nd Floor Knowledge House Shyam Nagar Off Jogeshwari-Vikhroli Link Road, Near Talav India, Jogeshwari East, Maharashtra, 400060.

  • The corporate identification number (CIN) of Praxis Home Retail Limited is L52100MH2011PLC212866 and the company number is 212866 as per Ministry of Corporate Affairs (MCA).

  • Yes, Praxis Home Retail Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): PRAXIS.

  • The Official website of Praxis Home Retail Limited is https://www.praxisretail.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Praxis Home Retail Limited has risen by 27.03%.

  • As Per 2022 financial reports, 834 employees are currently employed by Praxis Home Retail Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Praxis Home Retail Limited has experienced an upsurge of 100.98%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Praxis Home Retail Limited amount to ₹ 13.00 Cr.

  • The most recent Balance Sheet for Praxis Home Retail Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Hypermarkets & Large Retail Chains