Announced Tue, 23 Jun · 13:04 IST
FY26 loss widens to Rs 66.6 cr; auditor flags going concern uncertainty
Going ConcernRevenue DeclinePat NegativeExceptional ItemRelated Party TransactionsContingent Liabilities IncreasedResults View source PDF
PRAXIS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.6%1-day move
₹8.49
prior close
₹8.32
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+2.2-0.6-1.8-1.2-2.2-1.8-5.8-13.2-16.5——
Up moveDown movePending
AI summary
Praxis Home Retail FY26 revenue fell to Rs 95.66 cr from Rs 118.97 cr. Net loss widened to Rs 66.6 cr vs Rs 35 cr last year. Q4 loss was Rs 115.3 cr, including a Rs 101 cr exceptional ECL provision on a related party security deposit. Auditor flagged going concern uncertainty, citing negative net worth of Rs 77.2 cr, an IBC insolvency notice, and cash loss of Rs 40.6 cr.
Likely market impact
Severe financial stress with going concern flag and IBC notice. High risk for shareholders; stock likely to stay under pressure.