About Naman Industries Proxima Limited
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Naman Industries Proxima Limited is a public limited company based in Vasai, Maharashtra, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 23 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L74140MH2010PLC205904. Its GSTIN is 27AADCN3586C1ZH (Maharashtra). The company holds 2 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on NSE: NAMAN.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.07 Cr. It was formerly known as Naman In-Store (India) Limited. It is led by directors including Raju Mathuradas Paleja (Managing Director) and Jay Jitendra Shah (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Vasai, Maharashtra.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹142.51 Cr, a decline of 8.4% compared to the previous year. For the same year it recorded a net loss of ₹2.32 Cr (net margin -1.6%) and EBITDA of ₹1.29 Cr (EBITDA margin 0.9%). The net worth stands at ₹77.1 Cr (down 2.9% YoY). Total assets are valued at ₹101.52 Cr (up 2.9% YoY).
The company is associated with 1 brand: Naman In Store. As per MCA filings, the company has open charges of ₹34.99 Cr and satisfied charges of ₹33.11 Cr on record. The company has 1 deal on record (1 ipo); the latest was in March 2024. Its 4 peer companies in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 2 larger and 2 smaller; the largest is Talin Modular Office Furniture Systems Private Limited with revenue of ₹174.79 Cr. The company has 8 MSME Form 1 returns on record between 2017 and 2024, listing 73 overdue payments to 13 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website namaninstore.com.
Company details
CIN history
Naman Industries Proxima has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74140MH2010PLC205904, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74140MH2010PLC205904 | Current |
| U74140MH2010PTC205904 | Previous |
| U74140MH2010PLC205904 | Previous |
Contact details
Naman Industries Proxima Limited's registered office is in Vasai, Maharashtra. Its website is namaninstore.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS No. 90 H No. 3B Kantharia Compound, Opp Sopara Phata Police Station, Vasai, Maharashtra, India – 401208
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Naman Industries Proxima Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Naman Industries Proxima operates one associated brand: Naman In Store. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Retail fixtures for fashion and apparel are manufactured and fabricated. | namaninstore.com |
Business activity
The main business activity of Naman Industries Proxima is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products and metal and metal products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | |
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Naman Industries Proxima Limited, buy the company report.
Financials of Naman Industries Proxima Limited
FY 2025-26 filings availableNaman Industries Proxima Limited reported revenue of ₹142.51 Cr (down 8.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 143 | 156 | 145 | 150 | 50.99 | 13.38 |
| Revenue growth | -8.4% | +7.5% | -3.4% | +193.9% | +281.1% | - |
| EBITDA | 1.29 | 14.71 | 20.37 | 11.08 | 2.81 | 0.72 |
| EBITDA margin | +0.9% | +9.5% | +14.1% | +7.4% | +5.5% | +5.4% |
| Profit before tax | (2.98) | 8.49 | 12.33 | 5.72 | 0.29 | 0.08 |
| Net profit | (2.32) | 6.22 | 9.76 | 4.38 | 0.22 | 0.02 |
| Net profit margin | -1.6% | +4.0% | +6.7% | +2.9% | +0.4% | +0.2% |
| EPS (₹) | (1.75) | 4.81 | 8.79 | 31.10 | 1.52 | 0.56 |
| Balance sheet | ||||||
| Total assets | 102 | 98.63 | 75.36 | 35.79 | 21.07 | 11.66 |
| Net worth | 77.10 | 79.38 | 38.26 | 6.29 | 2.03 | 1.32 |
| Total debt | 23.95 | 18.71 | 36.74 | 29.45 | 18.84 | 10.24 |
| Cash & bank | 14.14 | 23.54 | 26.31 | 1.99 | 0.47 | 0.18 |
| Net working capital | 61.48 | 71.33 | 52.31 | 19.92 | 11.67 | 4.88 |
| Cash flow | ||||||
| Cash from operations | (7.07) | (9.50) | 7.30 | (0.73) | (4.01) | (3.94) |
| Cash from investing | 15.83 | (29.57) | (5.99) | (6.79) | (3.66) | (6.26) |
| Cash from financing | 3.13 | 13.06 | 24.62 | 7.44 | 7.97 | 9.83 |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 143 | 156 | 145 | 150 | 50.99 | 13.38 |
| Revenue growth | -8.4% | +7.5% | -3.4% | +193.9% | +281.1% | - |
| Other income | 1.76 | 1.50 | 0.13 | 0.09 | 0.10 | 0.03 |
| Total expenses | 141 | 141 | 124 | 139 | 48.18 | 12.66 |
| Employee cost | 9.42 | 7.08 | 7.43 | 4.87 | 2.33 | 1.47 |
| EBITDA | 1.29 | 14.71 | 20.37 | 11.08 | 2.81 | 0.72 |
| EBITDA margin | +0.9% | +9.5% | +14.1% | +7.4% | +5.5% | +5.4% |
| Depreciation | 3.40 | 3.96 | 3.89 | 2.35 | 1.49 | 0.33 |
| Interest | 2.63 | 3.76 | 4.28 | 3.10 | 1.13 | 0.34 |
| Profit before tax | (2.98) | 8.49 | 12.33 | 5.72 | 0.29 | 0.08 |
| Tax | (0.70) | 2.22 | 3.06 | 1.35 | 0.07 | 0.05 |
| Net profit | (2.32) | 6.22 | 9.76 | 4.38 | 0.22 | 0.02 |
| Net profit margin | -1.6% | +4.0% | +6.7% | +2.9% | +0.4% | +0.2% |
| EPS (₹) | (1.75) | 4.81 | 8.79 | 31.10 | 1.52 | 0.56 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 13.07 | 13.07 | 10.55 | 1.40 | 1.40 | 0.90 |
| Reserves & surplus | 64.03 | 66.31 | 27.71 | 4.89 | 0.63 | 0.42 |
| Shareholders' funds (net worth) | 77.10 | 79.38 | 38.26 | 6.29 | 2.03 | 1.32 |
| Secured loans | 22.36 | 16.88 | 31.40 | 23.52 | 13.14 | 7.74 |
| Unsecured loans | 1.59 | 1.83 | 5.34 | 5.93 | 5.70 | 2.50 |
| Total debt | 23.95 | 18.71 | 36.74 | 29.45 | 18.84 | 10.24 |
| Total liabilities | 102 | 98.63 | 75.36 | 35.79 | 21.07 | 11.66 |
| Assets | ||||||
| Gross block | 36.38 | 33.17 | 26.23 | 17.35 | 10.36 | 6.78 |
| Net block | 21.18 | 21.15 | 17.82 | 12.56 | 8.07 | 5.98 |
| Capital work in progress | 3.47 | 0.27 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.23 | 0.23 | 0.14 | 0.06 |
| Inventories | 35.00 | 38.66 | 30.89 | 15.84 | 13.36 | 4.67 |
| Sundry debtors | 29.67 | 27.37 | 16.04 | 22.86 | 6.38 | 4.50 |
| Cash & bank balances | 14.14 | 23.54 | 26.31 | 1.99 | 0.47 | 0.18 |
| Loans & advances | 2.78 | 1.74 | 0.58 | 1.02 | 2.19 | 1.42 |
| Total current assets | 81.59 | 91.31 | 73.82 | 41.71 | 22.40 | 10.77 |
| Total current liabilities | 20.11 | 19.98 | 21.51 | 21.79 | 10.73 | 5.89 |
| Net working capital | 61.48 | 71.33 | 52.31 | 19.92 | 11.67 | 4.88 |
| Total assets | 102 | 98.63 | 75.36 | 35.79 | 21.07 | 11.66 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 0.30 | 26.31 | 0.39 | 0.47 | 0.18 | 0.55 |
| Net cash from operating activities | (7.07) | (9.50) | 7.30 | (0.73) | (4.01) | (3.94) |
| Net cash from investing activities | 15.83 | (29.57) | (5.99) | (6.79) | (3.66) | (6.26) |
| Net cash from financing activities | 3.13 | 13.06 | 24.62 | 7.44 | 7.97 | 9.83 |
| Net change in cash | 11.89 | (26.01) | 25.93 | (0.09) | 0.29 | (0.37) |
| Closing cash | 14.14 | 23.54 | 26.31 | 1.99 | 0.47 | 0.18 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | -8.4% | +7.5% | -3.4% | +193.9% | +281.1% | - |
| EBITDA growth | -91.2% | -27.8% | +83.8% | +294.3% | +290.3% | - |
| PBT growth | - | -31.1% | +115.6% | +1872.4% | +262.5% | +9997.0% |
| Net income growth | -137.3% | -36.3% | +122.8% | +1890.9% | +1000.0% | - |
| Revenue CAGR (3Y) | -1.7% | +45.1% | +121.2% | - | - | - |
| EBITDA CAGR (3Y) | -51.2% | +73.6% | +204.7% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | -1.6% | +4.0% | +6.4% | +2.9% | +0.4% | +0.2% |
| Return on capital employed | -0.4% | +14.1% | +29.9% | +31.0% | +8.6% | +3.5% |
| Return on net worth | -2.9% | +10.7% | +41.6% | +104.6% | +12.5% | +3.0% |
| Debt / equity | 0.27 | 0.47 | 1.49 | 5.80 | 8.68 | 7.76 |
| Long-term debt / equity | 0.08 | 0.15 | 0.44 | 1.98 | 3.68 | 3.72 |
| Interest cover | -124.64 | 34.98 | 25.97 | 35.51 | 85.61 | 87.18 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 4.10 | 5.24 | 6.64 | 10.82 | 5.95 | 1.97 |
| Inventory turnover | 3.87 | 4.48 | 6.19 | 10.26 | 5.66 | 2.87 |
| Debtors turnover | 5.00 | 7.17 | 7.44 | 10.25 | 9.37 | 2.97 |
| EPS (₹) | (1.75) | 4.81 | 8.79 | 31.10 | 1.52 | 0.56 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 59.01 | 60.75 | 36.28 | 44.92 | 14.49 | 14.63 |
To see the full year-wise statements and ratios of Naman Industries Proxima Limited, buy the company report.
Board of directors of Naman Industries Proxima Limited
Naman Industries Proxima has 10 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raju Mathuradas Paleja Also directs: Renam Retail Private Limited | Managing Director | 23 Jul 2010 | 16 Years 3 Months | Current |
| Jay Jitendra Shah Also directs: Renam Retail Private Limited | Whole-Time Director | 25 Sep 2020 | 6 Years 1 Months | Current |
| Foram Rupin Desai | Whole-Time Director | 25 Sep 2020 | 6 Years 1 Months | Current |
| Abdul Shahid Shaikh | Whole-Time Director | 25 Sep 2020 | 6 Years 1 Months | Current |
| Mehul Dipakbhai Naik | Whole-Time Director | 25 Sep 2020 | 6 Years 1 Months | Current |
| Anand Sawroop Khanna | Director | 06 Jan 2021 | 5 Years 10 Months | Current |
Peer comparison
Naman Industries Proxima Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Talin Modular Office Furniture Systems Private Limited | ₹174.79 Cr (FY 2025) | 37.0% | Bangalore, Karnataka, India | |||
| Parin Enterprises Limited | ₹167.95 Cr (FY 2025) | 105.0% | Gondal, Gujarat, India | |||
| Shark Shopfits Private Limited | ₹157.08 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Space Management Systems India Private Limited | ₹156.52 Cr (FY 2025) | 13.0% | Bangalore, Karnataka, India | |||
| Naman Industries Proxima Limitedthis company | ₹142.51 Cr (FY 2026) | -₹2.32 Cr | -1.6% | -8.4% | Vasai, Maharashtra, India |
To see the full peer comparison of Naman Industries Proxima Limited, buy the company report.
Auditor
Naman Industries Proxima Limited is audited by N. D. SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. D. SHAH & ASSOCIATES | FY 2023 | 115535W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 58.90%, foreign institutional investors hold 0.70%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 40.40%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 58.90% | 58.90% | 58.90% | 58.90% |
| Public | 41.10% | 41.10% | 41.10% | 41.10% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2023 | 100772990 | Others | ₹30.44 Cr | Open | |
| 28 Jul 2023 | 100772992 | Others | ₹3.37 Cr | Open | |
| 27 Dec 2022 | 100666235 | Others | ₹13.45 Lakh | Open | |
| 16 Dec 2022 | 100664386 | Others | ₹26.43 Lakh | Open | |
| 03 Nov 2022 | 100642907 | Others | ₹30.68 Lakh | Open |
To see the full charge records of Naman Industries Proxima Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Naman Industries Proxima Limited has 1 deal on record (1 ipo); the latest was in March 2024.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | IPO | ₹25.35 Cr | Investors: Moneywise Financial Services Private Limited , Rajasthan Global Securities Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Naman Industries Proxima Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Naman Industries Proxima Limited has 8 MSME Form 1 returns on record between 2017 and 2024, listing 73 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Valwood Marketing LLP | |||
| Affluence Advisory Private Limited | |||
| H D Gajra Brother | |||
| Shreepal Trade Impex |
To see the full MSME payment records of Naman Industries Proxima Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Naman Industries Proxima has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN3586C1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Naman Industries Proxima Limited, buy the company report.
Recent activity
Naman Industries Proxima Limited has 18 board changes on record since 2010: 14 appointments and 4 cessations. The latest: Hemali Amit Shah was appointed as Director on 05 Aug 2025.
36 earlier events are in the company report.
Frequently asked questions
Naman Industries Proxima is an active public limited company based in Vasai, Maharashtra, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 23 July 2010 (16+ years old) and is registered under CIN L74140MH2010PLC205904. Listed on NSE: NAMAN.
Naman Industries Proxima reported revenue of ₹142.51 Cr for FY 2025-26 (down 8.4% YoY) based on standalone financials.
Naman Industries Proxima has 10 current directors:
- Raju Mathuradas Paleja - Managing Director
- Jay Jitendra Shah - Whole-Time Director
- Foram Rupin Desai - Whole-Time Director
- Abdul Shahid Shaikh - Whole-Time Director
- Mehul Dipakbhai Naik - Whole-Time Director
- Anand Sawroop Khanna - Director
- Hemali Amit Shah - Director
- Harshangiben Pravinsinh Solanki - Director
- Niraj Omprakash Seth - Director
- Feni Jay Shah - Director
The latest financial statements of Naman Industries Proxima on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Naman Industries Proxima is 27AADCN3586C1ZH, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Naman Industries Proxima is L74140MH2010PLC205904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Naman Industries Proxima is a listed company as per MCA records. Its shares are listed on NSE (symbol: NAMAN).
Naman Industries Proxima was incorporated on 23 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Naman Industries Proxima has 1 deal on record (1 ipo); the latest was in March 2024.
The peers of Naman Industries Proxima by revenue are Talin Modular Office Furniture Systems Private Limited, Parin Enterprises Limited, Shark Shopfits Private Limited, Space Management Systems India Private Limited, all in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Hemali Amit Shah was appointed as Director on 05 Aug 2025. Rakeshkumar Dinesh Mishra ceased to be Director on 31 Jul 2025. Rakeshkumar Dinesh Mishra was appointed as Director on 07 Mar 2025. Naman Industries Proxima has 18 board changes on record in total.
Naman Industries Proxima has 8 MSME Form 1 returns on record between 2017 and 2024, listing 73 overdue payments to 13 micro and small suppliers. The latest return was filed on 27 Apr 2024.
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