Prax.Ns
PRAX.NS operates in the home furnishings retail sector, offering products and services to consumers in the retail space.
Business. PRAX.NS operates in the home furnishings retail sector, offering products and services to consumers in the retail space.
Analyst recommendations
19 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
PRAX.NS operates in the home furnishings retail sector, offering products and services to consumers in the retail space.
The company's capital structure is heavily leveraged, with total liabilities of INR 37.49 billion and total equity of INR -614.87 million, resulting in a debt-to-equity ratio of -4.12. Liquidity is constrained, as evidenced by a current ratio of 0.65 and negative free cash flow of INR -88.56 million. The negative net income of INR -349.79 million and operating loss of INR -164.28 million indicate significant financial distress.
Profitability metrics are severely underperforming relative to industry norms. The company's return on assets of -11.16% and return on equity of 56.89% are inconsistent with typical performance in the home furnishings retail sector, where positive returns are expected. Gross profit of INR 404.48 million on revenue of INR 11.90 billion suggests a gross margin of 34.0%, which is high for the sector but insufficient to offset operating and net losses.
Geographic and segment exposure is not disclosed in the available data, but the company's revenue concentration is implied to be within the home furnishings retail segment. The lack of segment-specific data limits the ability to assess diversification or concentration risk.
Growth trajectory is negative, with the company reporting declining operating and net income. The financial snapshot does not provide historical revenue data to quantify the rate of decline, but the current operating cash flow of INR -274.88 million indicates ongoing operational challenges.
Risk factors include liquidity constraints and a negative net income, which could lead to further debt accumulation or equity dilution. The risk assessment indicates a medium liquidity risk and low dilution risk, but the negative net cash position after subtracting total debt is a key flag.
Recent events, including filings and transcripts, are not detailed in the available data. The company's financial performance and liquidity position suggest a need for close monitoring of future disclosures and strategic actions.
- PRAX.NS is experiencing significant financial distress, with negative net income and operating losses.
- The company's capital structure is highly leveraged, with a debt-to-equity ratio of -4.12.
- Profitability metrics are underperforming, with a return on assets of -11.16%.
- Liquidity is constrained, as indicated by a current ratio of 0.65 and negative free cash flow.
- The company's financial position suggests a need for strategic interventions to address liquidity and profitability issues.
Bull / Bear case
analysis pipelineIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Director · Stock Option (Right to Buy) → Common StockDisposed 8 566 @ $44,25exercise · 2026-06-24
- Director · Stock Option (Right to Buy) → Common StockDisposed 3 034 @ $147,30exercise · 2026-06-24
- Director · Stock Option (Right to Buy) → Common StockAcquired 648 @ $240,66grant · 2026-06-10
- Director · Stock Option (Right to Buy) → Common StockAcquired 648 @ $240,66grant · 2026-06-10
- Director · Stock Option (Right to Buy) → Common StockAcquired 648 @ $240,66grant · 2026-06-10
- Director · Stock Option (Right to Buy) → Common StockAcquired 648 @ $240,66grant · 2026-06-10
- Director · Stock Option (Right to Buy) → Common StockAcquired 648 @ $240,66grant · 2026-06-10
- Director · Stock Option (Right to Buy) → Common StockAcquired 648 @ $240,66grant · 2026-06-10
- Director · Stock Option (Right to Buy) → Common StockAcquired 648 @ $240,66grant · 2026-06-10
- Director · Stock Option (Right to Buy) → Common StockAcquired 648 @ $240,66grant · 2026-06-10
- Director · Stock Option (Right to Buy) → Common StockAcquired 224 @ $319,57grant · 2026-02-06
- Director · Stock Option (Right to Buy) → Common StockAcquired 224 @ $319,57grant · 2026-02-06
- Chief Financial Officer · Stock Option (Right to Buy) → Common StockAcquired 7 040 @ $294,38grant · 2026-01-08
- General Counsel and Secretary · Stock Option (Right to Buy) → Common StockAcquired 5 500 @ $294,38grant · 2026-01-08
- Principal Accounting Officer · Stock Option (Right to Buy) → Common StockAcquired 7 500 @ $294,38grant · 2026-01-08
- Director, Chief Executive Officer · Stock Option (Right to Buy) → Common StockAcquired 22 110 @ $294,38grant · 2026-01-08
- Chief Operating Officer · Stock Option (Right to Buy) → Common StockAcquired 7 700 @ $294,38grant · 2026-01-08
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- PRAX.NS Market data — financials · 2026-05-29
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,04 %$0M
- Institutional Investor · as of 2026-03-310,04 %$696M
- Investment Managers · as of 2026-03-310,03 %$229M
- Investment Managers · as of 2026-03-310,02 %$0M
- Investment Managers · as of 2026-03-310,02 %$89M
- Investment Managers · as of 2026-03-310,02 %$41M
- Investment Managers · as of 2026-03-310,02 %$269M
- Institutional Investor · as of 2026-03-310,01 %$27M
- Investment Managers · as of 2026-03-310,01 %$210M
- Investment Managers · as of 2026-03-310,01 %$69M
- Investment Managers · as of 2026-03-310,01 %$56M
- Investment Managers · as of 2026-03-310,01 %$285M
- Investment Managers · as of 2026-03-310,01 %$73M
- Investment Managers · as of 2026-03-310,01 %$19M
- Investment Managers · as of 2026-03-310,01 %$11M
- Investment Managers · as of 2024-12-310,01 %$24M
- Investment Managers · as of 2025-12-310,01 %$431M
- Investment Managers · as of 2026-03-310,01 %$35M
- Institutional Investor · as of 2026-03-310,01 %$28M
- Funds · as of 2026-03-310,00 %$20M
- Investment Managers · as of 2026-03-310,00 %$5M
- Investment Managers · as of 2026-03-310,00 %$8M
- Institutional Investor · as of 2026-03-310,00 %$10M
- Investment Managers · as of 2026-03-310,00 %$10M
- Investment Managers · as of 2024-06-300,00 %$54M
- Institutional Investor · as of 2026-03-310,00 %$2M
- Brokerage Firms · as of 2026-03-310,00 %$4M
- Brokerage Firms · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
Insider activity
- Director, Chief Executive Officer · Common StockOther 2 600 · 2026-07-08
- Director, Chief Executive Officer · Common StockOther 20 521 · 2026-07-08
- Director · Common StockOther 3 034 @ $147,30$447K · 2026-06-24
- Director · Common StockSold 837 @ $315,70$264K · 2026-06-24
- Director · Common StockSold 1 279 @ $314,90$403K · 2026-06-24
- Director · Common StockSold 504 @ $313,66$158K · 2026-06-24
- Director · Common StockSold 1 004 @ $312,83$314K · 2026-06-24
- Director · Common StockSold 2 854 @ $311,91$890K · 2026-06-24
- Director · Common StockSold 1 750 @ $310,89$544K · 2026-06-24
- Director · Common StockSold 999 @ $309,38$309K · 2026-06-24
- Director · Common StockSold 1 240 @ $308,24$382K · 2026-06-24
- Director · Common StockSold 683 @ $306,77$210K · 2026-06-24
- Director · Common StockSold 10 @ $301,44$3K · 2026-06-24
- Director · Common StockSold 320 @ $305,31$98K · 2026-06-24
- Director · Common StockSold 120 @ $303,13$36K · 2026-06-24
- Director · Common StockOther 8 566 @ $44,25$379K · 2026-06-24
- Director · Common StockOther 1 371 · 2026-06-10
- Director · Common StockOther 1 371 · 2026-06-10
- Director · Common StockOther 1 371 · 2026-06-10
- Director · Common StockOther 1 371 · 2026-06-10
- Director · Common StockOther 1 371 · 2026-06-10
- Director · Common StockOther 1 371 · 2026-06-10
- Director · Common StockOther 1 371 · 2026-06-10
- Director · Common StockOther 1 371 · 2026-06-10
- Principal Accounting Officer · Common StockOther 127 @ $167,94$21K · 2026-05-14
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 65.9%Derived (calculated)
- Return on equity (FY 2025-12-31): -34.5%Derived (calculated)
- Return on assets (FY 2025-12-31): -32.3%Derived (calculated)
- Current ratio (FY 2025-12-31): 10.22xDerived (calculated)
- Debt-to-equity (FY 2025-12-31): 0.07xDerived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): -32.0%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): -32.0%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): -65.6%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -89.0%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): -63.0%Derived (calculated)
- R&D expense (YoY) (2025-12-31 vs 2024-12-31): 75.3%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 97.1%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 94.1%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 58.7%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): -100.0%Derived (calculated)
- Current liabilities (annual): USD 59.77MSEC XBRL filing
- Current assets (annual): USD 610.91MSEC XBRL filing
- Shares outstanding (annual): 25.2MSEC XBRL filing
- Operating cash flow (annual): USD -249.07MSEC XBRL filing
- Total operating expenses (annual): USD 326.2MSEC XBRL filing
- Net income (annual): USD -303MSEC XBRL filing
- EPS (basic) (annual): USD-PER-SHARES -13SEC XBRL filing
- Cash & equivalents (annual): USD 357.33MSEC XBRL filing
- Revenue (annual): USD 0SEC XBRL filing