Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Praxis Home Retail Limited is an Indian company focused on selling a wide array of products for the home through its department stores. The firm's offerings encompass furniture, general homeware, decorative items, soft furnishings, modular kitchen systems, kitchenware, electronic goods, and bathroom accessories. Furthermore, it provides custom-designed solutions for kitchens and wardrobes, along with professional interior design consultation and services for both residential and office environments. As of March 31, 2022, the company managed 43 stores operating under the HomeTown brand name in 28 cities throughout India and also maintained an online presence via its website, www.hometown.in. Established in Mumbai, India, in 2007, Praxis Home Retail Limited functions as a subsidiary of Future Corporate Resources Limited.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is 'cheap' on EV/EBITDA.