Praxis Home Retail Limited
PRAXIS.NS
National Stock Exchange of India7.88
INR
+0.15
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Praxis Home Retail Limited
PRAXIS.NS
(National Stock Exchange of India)
Recent
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7.88
P/E
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Praxis Home Retail Limited operates as a multi-format home improvement retailer primarily in India. The company offers a wide range of home improvement and construction products including sanitaryware; plumbing fixtures; tiles; kitchen and bathroom solutions; electrical and lighting products; hardware and tools; paints and adhesives; home décor items; and furniture. Praxis operates through multiple store formats catering to both retail consumers and professional contractors, providing products for new construction, renovation, and refurbishment projects. The company’s geographic footprint is predominantly within India, with retail outlets located in key urban and metropolitan areas. Founded in 1997 and headquartered in India, Praxis Home Retail Limited serves the home improvement and building materials market with a comprehensive portfolio designed to meet the needs of homeowners, builders, and interior designers. Its subsidiary and brand network support a vertically integrated business model encompassing sourcing, retailing, and distribution. Recently, Praxis Home Retail Limited has focused on strategic expansions and market penetration to strengthen its presence in home improvement retail. Key developments in the last 1-2 years include the launch of new store formats tailored to digitally savvy consumers and professional segments, enhancement of its private label offerings, and deepening of partnerships with leading global and domestic manufacturers to expand its product mix. These initiatives reflect the company’s aim to leverage evolving consumer trends and technological advancements in retail. Praxis has also invested in strengthening its supply chain infrastructure and digital sales channels to improve customer experience and operational efficiency. Overall, Praxis Home Retail Limited operates within the home improvement retail industry, targeting a broad customer base including end consumers and trade professionals. It continues to expand its product offerings and geographic footprint while integrating digital retail technologies. The company remains headquartered in India, operating under the ticker PRAXIS.NS on the National Stock Exchange of India. This positions Praxis as a key player in India’s growing home improvement and construction materials market.