Consumer Discretionary · Q1FY27 · Standalone

PRAXIS reports Rs 11.06 loss as costs and finance charges weigh

The standalone company was loss-making at the operating level, while interest and depreciation widened the loss before tax.

By Ashutosh

Filed 18 Sep 2026, 17:05 IST · after market close · Praxis Home Retail Ltd (PRAXIS)

Key takeaways

  • Praxis Home Retail reported a standalone net loss of Rs 11.06 cr, with operating margin at -7.56%.
  • Expenses of Rs 28.61 cr exceeded revenue of Rs 26.6 cr, while interest expense was Rs 5.62 cr.
  • The stock's recorded return was -15.05% five sessions after the results and -37.05% after 30 sessions.

Price around the results

Revenue did not cover the standalone cost base

Praxis Home Retail's standalone revenue was Rs 26.6 cr against expenses of Rs 28.61 cr, resulting in an operating loss of Rs 2.01 cr. The operating margin was -7.56%, and the loss before tax was Rs 11.06 cr. EPS was -Rs 0.60.

Interest and depreciation deepened the operating loss

Interest expense was Rs 5.62 cr and depreciation was Rs 4.76 cr, adding to the operating loss. Other income was Rs 1.32 cr, but it did not offset the loss before tax. With tax at zero, the entire Rs 11.06 cr loss before tax flowed through to net profit.

Margin was well below the consumer discretionary peer median

Praxis's operating margin was 19.01 percentage points below the 11.45% median for the 384 Consumer Discretionary companies that had reported. It ranked 23rd from the bottom on this measure. The recorded stock reaction was -1.59% on day zero, -15.05% after five sessions and -37.05% after 30 sessions.

Q1FY27 at a glance

Standalone figures as filed with NSE — cross-checked against an independent source.

Line itemQ1FY27
Revenue₹27 cr
Other income₹1 cr
Expenses₹29 cr
Operating profit₹-2 cr
Operating margin (%)-7.56%
Interest₹6 cr
Depreciation₹5 cr
Profit before tax₹-11 cr
Tax₹0 cr
Net profit₹-11 cr
EPS (₹)₹-0.60

Operating margin of -7.56% compares with a Consumer Discretionary sector median of 11.45% across 384 peers that have reported Q1FY27.

How the stock reacted

WindowStockvs NIFTY
Results day-1.59%-1.65%
Next session+2.03%—
5 sessions-15.05%-13.90%
15 sessions-31.26%—
30 sessions-37.05%—

Volume on the results session was 0.59× its 20-day average.

What to watch

  • Whether operating margin improves from -7.56%.
  • Whether expenses remain above revenue, after Rs 28.61 cr of expenses against Rs 26.6 cr of revenue.
  • Whether interest expense moves from Rs 5.62 cr and depreciation from Rs 4.76 cr.