Praxis Home Retail Limited

NSE PRAXIS.NS

Praxis Home Retail Limited Interest Coverage Ratio for the year ending March 31, 2024: -2.88

Praxis Home Retail Limited Interest Coverage Ratio is -2.88 for the year ending March 31, 2024, a -8,514.95% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Praxis Home Retail Limited Interest Coverage Ratio for the year ending March 31, 2023 was 0.03, a -97.90% change year over year.
Praxis Home Retail Limited Interest Coverage Ratio for the year ending March 31, 2022 was 1.63, a 180.59% change year over year.
Praxis Home Retail Limited Interest Coverage Ratio for the year ending March 31, 2021 was -2.02, a -90.69% change year over year.
Praxis Home Retail Limited Interest Coverage Ratio for the year ending March 31, 2020 was -1.06, a 91.91% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

NSE: PRAXIS.NS

Praxis Home Retail Limited

CEO	Mr. Ashish Bhutda
IPO Date	Jan. 31, 2018
Location	India
Headquarters	Jolly Board Tower D
Employees	692
Sector	Consumer Discretionary
Industries Retail & Wholesale Furniture Home Improvement Shopping & Malls Specialty Retail

Description

Praxis Home Retail Limited engages in the business of home retailing through departmental stores in India. The company offers furniture, homeware, décor and furnishings, modular kitchen, kitchenware, electronics, and bathroom accessories, as well as customized solutions in kitchen and wardrobes, and interior design consultation and services for homes and offices. As of March 31, 2022, it owned and operated 43 stores in 28 cities under the HomeTown brand name, as well as operates www.hometown.in, a web portal. The company was founded in 2007 and is based in Mumbai, India. Praxis Home Retail Limited is a subsidiary of Future Corporate Resources Limited.

Key trends

Past 5 years