Integrated Filing — IndAS



General information about company

Scrip Code 540901
NSE Symbol PRAXIS
MSEI Symbol NOTLISTED
ISIN INE546Y01022
Name of company Praxis Home Retail Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 14-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 07-11-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Retail
Start date and time of board meeting 14-11-2025   14:06:00
End date and time of board meeting 14-11-2025   15:20:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 12-02-2025
Indicate Company website link for updated RPT policy of the Company https://praxisretail.in/policies-new.html
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 2,121.71 4,472.10
Other income 123.91 315.93
Total income 2,245.62 4,788.03
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 1,719.46 2,355.72
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (572.65) 360.63
(d) Employee benefit expense 457.72 978.94
(e) Finance costs 486.91 977.19
(f) Depreciation, depletion and amortisation expense 518.43 1,080.38
(f) Other Expenses
1 Other Expenses 1,071.49 2,117.73
Total other expenses 1,071.49 2,117.73
Total expenses 3,681.36 7,870.59
3 Total profit before exceptional items and tax (1,435.74) (3,082.56)
4 Exceptional items 9,540.00 9,540.00
5 Total profit before tax 8,104.26 6,457.44
6 Tax expense
7 Current tax 0.00 0.00
8 Deferred tax 0.00 0.00
9 Total tax expenses 0.00 0.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 8,104.26 6,457.44
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 8,104.26 6,457.44
17 Other comprehensive income net of taxes 0.00 0.00
18 Total Comprehensive Income for the period 8,104.26 6,457.44
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 9,245.53 9,245.53
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 5.24 4.45
Diluted earnings (loss) per share from continuing operations 5.24 4.45
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 5.24 4.45
Diluted earnings (loss) per share from continuing and discontinued operations 5.24 4.45
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Below are the notes, amongst other 1 The above financial results have been prepared in accordance with recognition and measurement principles of the Indian Accounting Standards as prescribed under section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and the Companies (Indian Accounting Standards) Amendment Rules, 2016. Further, these financial results also have been prepared in accordance with the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. 2. The Company’s business activity falls within a single primary business segment of “retail” and there are no separate reportable segments as per Ind AS 108 “Operating Segments”. Company's operations are only confined in India. 3.The above results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on November 14, 2025. 4. The financial results will be available on the website of the Company - www.praxisretail.in and on the websites of BSE (www.bseindia.com) and NSE (www.nseindia.com).



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 724.93
Capital work-in-progress 9.14
Investment property 10,545.38
Goodwill 0.00
Other intangible assets 10.90
Intangible assets under development 12.09
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 0.00
Trade receivables, non-current
Loans, non-current 0.00
Other non-current financial assets 289.92
Total non-current financial assets 289.92
Deferred tax assets (net) 26.37
Other non-current assets 10.42
Total non-current assets 11,629.15
2 Current assets
Inventories 2,559.18
Current financial asset
Current investments 0.00
Trade receivables, current 21.00
Cash and cash equivalents 3,703.46
Bank balance other than cash and cash equivalents 3.31
Loans, current 0.00
Other current financial assets 10,609.64
Total current financial assets 14,337.41
Current tax assets (net)
Other current assets 2,690.35
Total current assets 19,586.94
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 31,216.09
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 9,245.53
Other equity (4,077.42)
Total equity attributable to owners of parent 5,168.11
Non controlling interest
Total equity 5,168.11
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 2,185.03
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities 9,633.52
Total non-current financial liabilities 11,818.55
Provisions, non-current 100.25
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 11,918.80
Current liabilities
Current financial liabilities
Borrowings, current 2,092.51
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 1,053.03
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 6,717.24
Total Trade payable 7,770.27
Other current financial liabilities 3,781.68
Total current financial liabilities 13,644.46
Other current liabilities 460.82
Provisions, current 23.90
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 14,129.18
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 26,047.98
Total equity and liabilites 31,216.09
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block

Textual Information(1) 1 Under Non current financial liabilities Other non current financial liabilities includes Lease Liabilities of Rs 9633.52 2 Under current financial liabilities Other current financial liabilities is 3781.78 includes Lease Liabilities of Rs 2103.87 and other Financial liabilities of Rs 1677.81



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 6,457.44
Adjustments for reconcile profit (loss)
Adjustments for finance costs 977.19
Adjustments for decrease (increase) in inventories 1,293.01
Adjustments for decrease (increase) in trade receivables, current (8.88)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 163.87
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (1,558.30)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 210.38
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 1,080.38
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current (18.28)
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 25.80
Adjustments for dividend income 0.00
Adjustments for interest income 5.86
Adjustments for share-based payments 31.61
Adjustments for fair value losses (gains) (11.46)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items (9,699.50)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (7,520.04)
Net cash flows from (used in) operations (1,062.60)
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 0.70
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (1,063.30)
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 94.47
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 5.86
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (88.61)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 4,827.71
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 1,700.00
Repayments of borrowings 0.00
Payments of lease liabilities 651.76
Dividends paid 0.00
Interest paid 1,192.73
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 4,683.22
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 3,531.31
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 3,531.31
Cash and cash equivalents cash flow statement at beginning of period 172.14
Cash and cash equivalents cash flow statement at end of period 3,703.45





Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)

Amount in (Lakhs)

Mode of Fund Raising Rights Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 26-08-2025
Amount Raised 4,958.00
Report filed for Quarter ended 30-09-2025
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation
Comments of the Audit Committee after review
Comments of the auditors, if any
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any


Signatory Details

Name of signatory Vikash Kabra
Designation of person Chief Financial Officer
Place Mumbai
Date 14-11-2025




Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Praxis Home Retail Limited Future Market Networks Limited Company has control/significant influence Inter-corporate deposit 500.00 Approved 0.00 418.00 418.00
2 Praxis Home Retail Limited Future Capital Investment Private Limited Company has control/significant influence Inter-corporate deposit 1,500.00 Approved 0.00 1,300.00 0.00
3 Praxis Home Retail Limited Surplus Finvest Private Limited Company has control/significant influence Inter-corporate deposit 1,500.00 Approved 1,100.00 779.54 1,879.54
4 Praxis Home Retail Limited Nubusiness Ventures Pvt. Ltd. Company has control/significant influence Inter-corporate deposit 2,000.00 Approved (979.61) 979.61 0.00
5 Praxis Home Retail Limited FDRT CONSULTANCY SERVICES LIMITED Company has control/significant influence Inter-corporate deposit 1,500.00 Approved (1,085.00) 1,085.00 0.00
6 Praxis Home Retail Limited Future Hospitality Private Limited Company has control/significant influence Inter-corporate deposit 1,500.00 Approved (830.00) 830.00 0.00
7 Praxis Home Retail Limited CUTCOST CONSUMER PRIVATE LIMITED Company has control/significant influence Inter-corporate deposit 350.00 Approved (3,350.00) 3,350.00 0.00
8 Praxis Home Retail Limited Suhani Mall Management Company Company has control/significant influence Inter-corporate deposit 1,000.00 Approved 0.00 380.00 380.00
9 Praxis Home Retail Limited NIYMAN MALL MANAGEMENT CO Company has control/significant influence Inter-corporate deposit 2,000.00 Approved (383.00) 983.00 600.00
10 Praxis Home Retail Limited Future Market Networks Limited Company has control/significant influence Interest paid Approved 23.87 41.71 65.58
11 Praxis Home Retail Limited Future Capital Investment Private Company has control/significant influence Interest paid Approved (70.39) 70.39 0.00
12 Praxis Home Retail Limited Surplus Finvest Private Limited Company has control/significant influence Interest paid Approved 82.72 0.00 82.72
13 Praxis Home Retail Limited Nubusiness Ventures Pvt. Ltd. Company has control/significant influence Interest paid Approved (37.82) 37.82 0.00
14 Praxis Home Retail Limited FDRT CONSULTANCY SERVICES LIMITED Company has control/significant influence Interest paid Approved (27.32) 27.32 0.00
15 Praxis Home Retail Limited Future Hospitality Private Limited Company has control/significant influence Interest paid Approved (48.73) 48.73 0.00
16 Praxis Home Retail Limited CUTCOST CONSUMER PRIVATE LIMITED Company has control/significant influence Interest paid Approved (94.71) 94.71 0.00
17 Praxis Home Retail Limited Suhani Mall Management Company Company has control/significant influence Interest paid Approved 20.58 25.83 46.41
18 Praxis Home Retail Limited NIYMAN MALL MANAGEMENT CO Company has control/significant influence Interest paid Approved 22.01 0.00 22.01
19 Praxis Home Retail Limited Smartsters Private Limited Company has control/significant influence Purchase of goods or services 500.00 Approved (37.35) 52.81 40.11
20 Praxis Home Retail Limited Future Market Networks Limited Company has control/significant influence Any other transaction Occupancy expenses 200.00 Approved 57.66 66.41 79.11
21 Praxis Home Retail Limited Ojas Tradelease and Mall Management Pvt Ltd Company has control/significant influence Any other transaction Occupancy expenses 100.00 Approved (12.00) (36.40) (47.20)
22 Praxis Home Retail Limited Future Enterprises Limited Company has control/significant influence Any other transaction Advance of Lease rentals Approved 0.00 (331.97) (331.97)
23 Praxis Home Retail Limited Jermia Real Estate Private Limited Company has control/significant influence Any other transaction Occupancy expenses Approved 19.44 0.00 3.24
Total value of transaction during the reporting period (5,629.65)