What we do Naman Industries Proxima Limited manufactures customized retail store fixtures, furniture, and in-store display solutions using wood, metal, and plastics primarily for the Indian market. |
Founded in 2,010 |
Market share Prominent player in India's retail furniture and fixture sector with growing market presence. |
Problem solved Provides tailored, high-quality store fixtures and furniture enabling retail clients to enhance product displays and customer experience. |
Top clients or who we serve Serves retail chains and businesses in India (B2B), offering customized fixtures and merchandising solutions. |
Key management Raju Mathuradas Paleja (Chairman & Managing Director), Foram Rupin Desai (Whole Time Director) |
Our journey and innovations Incorporated in 2010, renamed in 2025; expanded manufacturing capabilities and raised significant capital via IPO and preferential shares in 2024-25. |
Where we operate Operations concentrated in India, with manufacturing in Vasai and warehouses in Maharashtra & Bengaluru. |
Top products or what we offer Custom retail furniture, display fixtures, indoor fixtures, CTU, CDU, POSM merchandising solutions. |
Top brands - |
Raw materials needed Wood, metal, plastic, and other materials for furniture and fixtures manufacturing. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenues primarily cyclical, driven by retail industry demand and new store fittings. |
Our industry position Established in domestic retail fixture market; expanding presence post IPO with robust order book. |
Financial highlights FY 2024-25 revenue INR 155.63 Cr, Net Profit INR 6.28 Cr; growing revenues with prudent cost management. |
Geographical revenue split Mainly domestic Indian market revenue; minimal foreign exchange earnings. |
Order book - |
Whats driving growth Retail expansion, new factory setup, IPO and preferential share capital infusion fueling growth. |
Our future plans Set up new manufacturing unit in Palghar, Maharashtra, and strategic investments for capacity expansion. |
Our green promise - |
Our people and values Employs over 120 people; focuses on diversity, workplace safety, and ethical practices. |
Key challenges ahead Competition, raw material cost volatility, and sustaining growth post capital raise. |
Interesting facts Successful IPO on NSE Emerge in 2024 raised Rs 25.35 Cr, notable preferential share allotments later in 2024. |
Risks and strategy Risk mitigation via diversified customers, continuous innovation, and strong corporate governance. |
