NB Footwear Ltd (NBFOOT) Share Price & Fundamentals

What we do

NB Footwear Ltd manufactures and trades in leather, leather goods, and footwear, primarily serving export markets with a focus on processing and manufacturing.

Founded in

1,987

Market share

A small player with historic export footprint in Germany but currently inactive with no market share in active footwear production.

Problem solved

Addresses global demand for leather footwear by supplying manufactured products to international clients, supporting fashion and durability needs.

Top clients or who we serve

Exports to notable German clients like Berger Schuh, Remo, Tiechmann, Karstadt; primarily B2B focused serving international footwear retailers.

Key management

Key recent managerial changes include Mr. Ankit Kumar as Executive Director, and appointment of independent directors bringing industry expertise.

Our journey and innovations

Started in 1987, expanded capacity by 1990, partnered with Berger Schuhe Germany, faced operational challenges leading to inactivity in recent years.

Where we operate

Primarily India-based manufacturing with export markets in Germany, Australia, South Africa, and Southeast Asia planned.

Top products or what we offer

Footwear including ladies' hand-sewn and classic models, leather goods, and processed animal hides and skins.

Top brands

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Raw materials needed

Animal hides and skins for leather processing and footwear manufacturing.

Raw materials supplier

Not specified; likely sourced from local and regional leather suppliers based on industry norms.

Recurring vs cyclical contribution

Business is cyclical, heavily dependent on export orders and global footwear demand which has paused in recent years.

Our industry position

Once an exporter in niche German market but currently inactive; faces challenges maintaining competitive position in footwear manufacturing.

Financial highlights

Revenue nil and net loss of Rs. 22.87 lakhs for FY 2024-25; company currently not operational.

Geographical revenue split

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Order book

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Whats driving growth

Past growth driven by export orders and capacity expansion; current growth halted due to inactivity and market challenges.

Our future plans

Management exploring viable product lines to resume operations and utilize manufacturing capacity.

Our green promise

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Our people and values

Small employee base due to inactivity; emphasis on governance and compliance with renewed board structure.

Key challenges ahead

Reviving operations amidst financial losses, regulatory compliances, and rebuilding market presence in footwear sector.

Interesting facts

Part of the Rs. 250 crore Nava Bharat conglomerate; had technical and marketing collaboration with Berger Schuhe, Germany.

Risks and strategy

Risks include operational inactivity and financial losses; strategy focuses on management changes and finding viable business avenues.