NAMAN
Naman Industries Proxima financials
- Market cap
- ₹51 Cr
- Sector
- Consumer Durables
What Naman Industries Proxima Limited does
Naman Industries Proxima Limited (formerly Naman In-Store (India) Limited) designs, manufactures and installs retail display fixtures, point-of-sale material and office furniture — partition systems, ergonomic chairs, cabinets and wardrobes — for retail chains and corporate clients across India. It also runs an industrial metal-fabrication line producing electrical control panels, petrol-pump kiosks, HVAC outer housings, and server/battery racks for industrial customers. Manufacturing is concentrated at its Vasai (Kantharia Compound, Palghar) facility, which combines metal, wood and panel-processing plants under one roof, with an average project turnaround of 60–75 days from design through installation and delivery.
Segments
- Retail Fixtures & Furniture
- Industrial Metal Products
- Manufacturing plants
- 1 (Vasai/Kantharia Compound, Palghar, Maharashtra — metal, wood & panel-processing under one roof)
- Manufacturing + warehouse area
- 1,20,000 sq. ft. factory + 75,000 sq. ft. warehouse (FY26)
- Retail segment installed capacity
- ~36,00,000 sq. ft./yr (FY26)
- Industrial segment installed capacity
- ~4,000 MT/yr (FY26)
- New manufacturing facility (under construction)
- Wada, Maharashtra — ~1,20,000 sq. ft. Phase 1, expected operational in 12–18 months
- Thermoforming (POSM) capacity added
- 10 lakh sq. ft./yr additional installed capacity
Quarterly results
Q4 FY26: revenue up 12.1%, net profit down 175.0% against the same quarter last year.
| Line item | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | 94 | 79 | 66 | 66 | 89 −5% | 69 −13% | 74 +12% |
| EBITDA | 9 | 12 | 9 | 10 | 5 −44% | 3 −75% | -1 −111% |
| Net profit | 5 | 6 | 4 | 5 | 1 −80% | 0 −100% | -3 −175% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −58.0% 1Y
1Y: ₹92.95 on 10 Sept 2025 → ₹39. High ₹92.95 (10 Sept 2025), low ₹38 (28 Aug 2026).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹11 Cr | ₹13 Cr | ₹13 Cr |
| Reserves | ₹0 Cr | ₹1 Cr | ₹5 Cr | ₹28 Cr | ₹67 Cr | ₹64 Cr |
| Borrowings | ₹10 Cr | ₹19 Cr | ₹29 Cr | ₹37 Cr | ₹19 Cr | ₹23 Cr |
| Other liabilities | ₹6 Cr | ₹11 Cr | ₹22 Cr | ₹22 Cr | ₹20 Cr | ₹21 Cr |
| Total liabilities | ₹18 Cr | ₹32 Cr | ₹58 Cr | ₹97 Cr | ₹119 Cr | ₹122 Cr |
| Fixed assets | ₹6 Cr | ₹8 Cr | ₹13 Cr | ₹18 Cr | ₹21 Cr | ₹21 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹3 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹12 Cr | ₹24 Cr | ₹45 Cr | ₹79 Cr | ₹97 Cr | ₹97 Cr |
| Total assets | ₹18 Cr | ₹32 Cr | ₹58 Cr | ₹97 Cr | ₹119 Cr | ₹122 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2026
Since Mar 2025, FIIs trimmed −0.54 pp while the public added +0.54 pp. The shareholder count grew 16% to 830.
- Promoters
- 58.9%
- FIIs
- 0.7%
- Public
- 40.3%
Since Mar 2025
- FIIs −0.54 pp
- Public +0.54 pp
- Promoters 0.00 pp
How it drifted, 5 quarters
Over this window the public went from 25.8% to 40.3% — +14.5 pp.
Ownership split by quarter, oldest first. Sep '24: Promoters 73.0%, FIIs 1.2%, Public 25.8%.Oct '24: Promoters 58.9%, FIIs 1.0%, Public 40.1%.Mar '25: Promoters 58.9%, FIIs 1.3%, Public 39.8%.Sep '25: Promoters 58.9%, FIIs 0.7%, Public 40.3%.Mar '26: Promoters 58.9%, FIIs 0.7%, Public 40.3%.
Who bought this quarter
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Suryavanshi Commotrade Private Limited newly disclosed 8.25% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of Naman Industries Proxima Limited above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Jay Jitendra Shah | 19.45% | unchanged |
| Raju Mathurdas Paleja | 12.67% | unchanged |
| Abdul Shahid Shaikh | 9.72% | unchanged |
| Suresh Kumar Agarwal | 8.26% | unchanged |
| Suryavanshi Commotrade Private Limited | 8.25% | newly disclosed |
| Mehul Dipakbhai Naik | 6.78% | unchanged |
| Bhavika Raju Paleja | 5.89% | unchanged |
| Dipti Mehul Naik | 2.95% | unchanged |
| Ramakrishnan Ramamurthi | 2.75% | unchanged |
| Mahi Raju Paleja | 1.47% | unchanged |
| Ashish Kacholia | — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Naman Industries Proxima Limited
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