Naman In-Store (India) Limited — Results, 18-12-2024: Reply to Clarification- Financial results

**Naman In-Store (India) Limited Financial Summary**

Naman In-Store (India) Limited reported total revenue of ₹66.48 crores for the half-year ending September 30, 2024, reflecting a growth of approximately 1.39% compared to ₹65.57 crores in the previous half-year. This growth can be attributed to increased demand and operational enhancements amidst a competitive landscape.

The company achieved a net profit of ₹28.07 crores, down from ₹35.13 crores in the same period last year, translating to an Earnings Per Share (EPS) of ₹2.66 compared to ₹3.41 previously. The decline in profits is primarily linked to rising operational costs, including employee expenses and raw material costs. Total operational costs increased by approximately 18.17% year-over-year, largely due to inflationary pressures on inputs and higher employee remuneration.

The balance sheet shows considerable strength, with total assets amounting to ₹112.05 crores and a healthy liquidity position indicated by an increase in cash equivalents despite a slight decrease compared to the previous half-year.

The company’s strategic focus seems to be on optimizing cost efficiencies while managing its expansion ambitions from the recent IPO, which raised funds for capital expenditures and operational scaling.

Overall, considering the financial performance, cost management, and expansion plans, investors may find it prudent to hold their positions in Naman In-Store (India) Limited while monitoring for signs of recovery in profit margins.