---
title: "Namaste Exports (NAMASTEXP) Financials & Shareholding"
symbol: "NAMASTEXP"
company: "Namaste Exports Ltd"
canonical: "https://tapetide.com/stocks/NAMASTEXP"
nse_symbol: "NAMASTEXP"
generated_at: "2026-11-05T01:44:16.936Z"
---

# Namaste Exports (NAMASTEXP)

Canonical page: https://tapetide.com/stocks/NAMASTEXP

## Key Facts

- **Revenue, Jun 2017 quarter:** ₹8.25 Cr, against ₹6.56 Cr in Jun 2016 (+25.76% year on year)
- **Net profit, Jun 2017 quarter:** -₹0.74 Cr, against -₹1.10 Cr in Jun 2016

## Company

- **NSE symbol:** NAMASTEXP
- **In the F&O segment:** No

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -31.0% over last 3 years.
- Company's cost of borrowing seems high

## Growth Rate

Growth computed from the financial statements below. A window with no rate gives the reason instead of a figure.

| Metric | Window | Growth | What it compares |
| --- | --- | ---: | --- |
| Revenue | 10Y | -100% | compounded annual rate, Mar 2015 to Mar 2025 |
| Revenue | 5Y | -100% | compounded annual rate, Mar 2020 to Mar 2025 |
| Revenue | 3Y | -100% | compounded annual rate, Mar 2022 to Mar 2025 |
| Revenue | 1Y | Zero base | fiscal year to Mar 2025 vs the year to Mar 2024: ₹0.00 Cr to ₹0.00 Cr. The starting figure is zero, so there is no rate. |
| Net profit | 10Y | Loss widened | compounded annual rate, Mar 2015 to Mar 2025: -₹0.89 Cr to -₹2.76 Cr. A loss at both ends, larger at the end. |
| Net profit | 5Y | Loss narrowed | compounded annual rate, Mar 2020 to Mar 2025: -₹3.39 Cr to -₹2.76 Cr. A loss at the start, and a smaller one or none at the end. |
| Net profit | 3Y | Turned to loss | compounded annual rate, Mar 2022 to Mar 2025: ₹1.15 Cr to -₹2.76 Cr. A profit at the start and a loss at the end. |
| Net profit | 1Y | Turned to loss | fiscal year to Mar 2025 vs the year to Mar 2024: ₹29.21 Cr to -₹2.76 Cr. A profit at the start and a loss at the end. |
| Operating cash flow | 10Y | Outflow widened | compounded annual rate, Mar 2015 to Mar 2025: -₹2.89 Cr to -₹3.52 Cr. A cash outflow at both ends, larger at the end. |
| Operating cash flow | 5Y | Outflow widened | compounded annual rate, Mar 2020 to Mar 2025: -₹0.73 Cr to -₹3.52 Cr. A cash outflow at both ends, larger at the end. |
| Operating cash flow | 3Y | Turned negative | compounded annual rate, Mar 2022 to Mar 2025: ₹3.47 Cr to -₹3.52 Cr. A cash inflow at the start and an outflow at the end. |
| Operating cash flow | 1Y | Outflow narrowed | fiscal year to Mar 2025 vs the year to Mar 2024: -₹8.55 Cr to -₹3.52 Cr. A cash outflow at the start, and a smaller one or none at the end. |
| Operating margin | 10Y | No sales | compounded annual rate, Mar 2015 to Mar 2025. Sales are zero or negative in one of the two periods, so there is no margin. |
| Operating margin | 5Y | No sales | compounded annual rate, Mar 2020 to Mar 2025. Sales are zero or negative in one of the two periods, so there is no margin. |
| Operating margin | 3Y | No sales | compounded annual rate, Mar 2022 to Mar 2025. Sales are zero or negative in one of the two periods, so there is no margin. |
| Operating margin | 1Y | No sales | fiscal year to Mar 2025 vs the year to Mar 2024. Sales are zero or negative in one of the two periods, so there is no margin. |

Trailing twelve months: The latest quarterly results are more than a year old.

## Financial Statements

### Quarterly Results

Results for the period ended Sep 2017 were due by 14 Nov 2017 and are not in this table yet.

Figures in ₹ crore unless the row name gives another unit.

| Item | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Sales | 5.93 | 7.23 | 12.16 | 6.6 | 6.99 | 5.41 | 10.72 | 7.27 | 6.56 | 9.9 | 8.96 | 7.27 | 8.25 |
| Expenses | 6.85 | 8.56 | 9.92 | 8.96 | 9.34 | 7.16 | 9.49 | 9.78 | 7.31 | 8.52 | 10.58 | 9.13 | 8.71 |
| Operating Profit | -0.92 | -1.33 | 2.24 | -2.36 | -2.35 | -1.75 | 1.23 | -2.51 | -0.75 | 1.38 | -1.62 | -1.86 | -0.46 |
| OPM % | -15.51% | -18.4% | 18.42% | -35.76% | -33.62% | -32.35% | 11.47% | -34.53% | -11.43% | 13.94% | -18.08% | -25.58% | -5.58% |
| Other Income | 0.31 | -0.19 | 0.22 | 2.66 | 0.08 | 0.06 | -2.65 | 1.08 | 0.07 | 2.42 | 7.51 | 0.1 | 0.13 |
| Interest | 0.16 | 0.08 | 0.14 | 0.27 | 0.23 | 0.23 | 0.28 | 0.1 | 0.25 | 0.25 | 0.25 | 0.35 | 0.24 |
| Depreciation | 0.15 | 0.15 | 0.15 | 0.42 | 0.17 | 0.16 | 0.17 | 0.24 | 0.18 | 0.21 | 0.12 | 0.14 | 0.16 |
| Profit before tax | -0.92 | -1.75 | 2.17 | -0.39 | -2.67 | -2.08 | -1.87 | -1.77 | -1.11 | 3.34 | 5.52 | -2.25 | -0.73 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 3.95% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | -0.92 | -1.75 | 2.17 | -0.39 | -2.66 | -2.08 | -1.87 | -1.84 | -1.1 | 3.34 | 5.53 | -2.26 | -0.74 |
| EPS in Rs | -0.07 | -0.13 | 0.16 | -0.03 | -0.19 | -0.15 | -0.13 | -0.13 | -0.08 | 0.24 | 0.4 | -0.16 | -0.05 |

### Profit & Loss

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Sales | 45.81 | 31.92 | 30.38 | 32.68 | 30.47 | 32.49 | 28.27 | 36.73 | 28.67 | 0 | 0 | 0 |
| Expenses | 40.56 | 34.3 | 35.75 | 35.57 | 34.92 | 35.26 | 30.64 | 32.51 | 26.57 | 0 | 0 | 3.73 |
| Operating Profit | 5.25 | -2.38 | -5.37 | -2.89 | -4.45 | -2.77 | -2.37 | 4.22 | 2.1 | 0 | 0 | -3.73 |
| OPM % | 11.46% | -7.46% | -17.68% | -8.84% | -14.6% | -8.53% | -8.38% | 11.49% | 7.32% | — | — | — |
| Other Income | 0.67 | 3.01 | -1.44 | 10.1 | 1.06 | 0.87 | 0.61 | -1.15 | 0.17 | 0.27 | 32.96 | 1.01 |
| Interest | 0.84 | 0.65 | 0.84 | 1.1 | 1.04 | 1.01 | 1.18 | 0.77 | 1.01 | 0 | 0 | 0.07 |
| Depreciation | 0.57 | 0.87 | 0.73 | 0.65 | 0.66 | 0.21 | 0.12 | 0.11 | 0.11 | 0 | 0 | 0.23 |
| Profit before tax | 4.51 | -0.89 | -8.38 | 5.46 | -5.09 | -3.12 | -3.06 | 2.19 | 1.15 | 0.27 | 32.96 | -3.02 |
| Tax % | 0% | 0% | 0.84% | 0% | 0% | 0% | 10.78% | 0% | 0% | 0% | 11.38% | -8.61% |
| Net Profit | 4.51 | -0.89 | -8.45 | 5.46 | -5.1 | -3.12 | -3.39 | 2.19 | 1.15 | 0.27 | 29.21 | -2.76 |
| EPS in Rs | 0.32 | -0.06 | -0.61 | 0.39 | -0.37 | -0.22 | -0.24 | 0.16 | 0.08 | 0.02 | 2.1 | -0.2 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |

### Balance Sheet

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Equity Capital | 13.93 | 13.93 | 13.93 | 13.73 | 13.73 | 13.73 | 13.73 | 13.73 | 13.73 | 13.73 | 13.73 | 13.33 |
| Reserves | 5 | 4.02 | -4.43 | -0.83 | -5.84 | -8.86 | -12.3 | -10.14 | -8.98 | -8.66 | 20.29 | 14.1 |
| Borrowings | 4.31 | 6.58 | 8.56 | 9.83 | 10.14 | 7.18 | 7.26 | 4.26 | 2.72 | 4.71 | 0.11 | 0.17 |
| Other Liabilities | 6.78 | 7.97 | 10.86 | 12.26 | 13.11 | 12.91 | 15.93 | 14.11 | 16.35 | 11.44 | 7.33 | 2.13 |
| Total Liabilities | 30.02 | 32.5 | 28.92 | 34.99 | 31.14 | 24.96 | 24.62 | 21.96 | 23.82 | 21.22 | 41.46 | 29.73 |
| Fixed Assets | 8.23 | 9.87 | 9.17 | 8.3 | 8.06 | 7.42 | 6.15 | 6.75 | 6.84 | 2.83 | 6.77 | 12.26 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.07 | 0.07 | 0.07 | 0.12 | 0.1 | 0.09 | 0.09 | 0.12 | 0.19 | 0.17 | 0.79 | 0.71 |
| Other Assets | 21.72 | 22.56 | 19.68 | 26.57 | 22.98 | 17.45 | 18.38 | 15.09 | 16.79 | 18.22 | 33.9 | 16.76 |
| Total Assets | 30.02 | 32.5 | 28.92 | 34.99 | 31.14 | 24.96 | 24.62 | 21.96 | 23.82 | 21.22 | 41.46 | 29.73 |

### Cash Flow

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash from Operating Activity | -6.73 | -2.89 | -0.82 | -2.16 | -0.17 | -0.9 | -0.73 | 5.59 | 3.47 | -2.76 | -8.55 | -3.52 |
| Cash from Investing Activity | -7.72 | 0.28 | 0.32 | 7.67 | 0.05 | 0.34 | 0.94 | -1.25 | 0.32 | 4.01 | 12.18 | 5.02 |
| Cash from Financing Activity | 19.98 | 1.62 | 1.14 | -1.88 | -0.72 | -3.98 | -1.04 | -3.62 | -2.51 | -1.21 | -0.33 | -3.94 |
| Net Cash Flow | 5.53 | -0.99 | 0.65 | 3.62 | -0.84 | -4.54 | -0.83 | 0.73 | 1.28 | 0.04 | 3.3 | -2.45 |
| Free Cash Flow | -7.16 | -2.95 | -0.84 | 5.11 | -0.6 | -0.87 | -0.11 | 4.26 | 3.72 | 2.76 | 29.26 | -3.69 |
| CFO/OP | -127 | 124 | 17 | 72 | 3 | 36 | 32 | 132 | 165 | — | — | 94 |

### Ratios

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Debtor Days | 7.57 | 35.91 | 36.88 | 32.61 | 14.97 | 16.29 | 12.27 | 9.44 | 27.12 | — | — | — |
| Inventory Days | 127 | 195 | 140 | 208 | 165 | 97.32 | 162 | 130 | 144 | — | — | — |
| Days Payable | 49.11 | 76.17 | 125 | 171 | 170 | 161 | 237 | 132 | 197 | — | — | — |
| Cash Conversion Cycle | 85.15 | 154 | 51.9 | 69.28 | 9.72 | -47.28 | -62.65 | 7.83 | -26.16 | — | — | — |
| Working Capital Days | 20.8 | 11.89 | -87.59 | -61.99 | -104 | -89.65 | -128 | -62.51 | -96.12 | — | — | — |
| ROCE % | 49.29% | -11.64% | -25.41% | -3.33% | -19.87% | -14.03% | -18.32% | 51.03% | 27.81% | 0.35% | 1.41% | -8.13% |

## Documents

### Credit ratings

| Date | Document |
| --- | --- |
| 13 May 2026 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/NamasteExportsLimited_May%2013_%202026_RR_394543.html) |
| 11 Mar 2025 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/NamasteExportsLimited_March%2011_%202025_RR_363745.html) |
| 31 Jan 2024 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/NamasteExportsLimited_January%2031,%202024_RR_335810.html) |
| 15 Nov 2022 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/NamasteExportsLimited_November%2015,%202022_RR_304847.html) |
| 27 Sep 2021 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/NamasteExportsLimited_September%2027,%202021_RR_277306.html) |
| 20 Aug 2021 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/Namaste%20Exports%20Limited_ad5.pdf) |
| 23 Jul 2021 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/Namaste%20Exports%20Limited_ru.pdf) |

### Exchange filings

| Date | Document |
| --- | --- |
| 4 Nov 2017 | [Certificate Under Regulation 40(9) For Half Year Ended On 30Th September, 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/0de80dfc-c2a0-4c61-8e40-55119f6e8393.pdf) |
| 22 Sep 2017 | [Financial Results For 30/06/2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/9/014c54f4-f391-4ab3-ad83-ec54f510dbd0.pdf) |
| 21 Sep 2017 | [Fixes Book Closure for A G M](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=E53F1B99_462D_4729_9E1E_B5F6CAED47A4_112412.pdf) |
| 21 Sep 2017 | [Fixes Book Closure for A G M](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/9/E53F1B99_462D_4729_9E1E_B5F6CAED47A4_112412.pdf) |
| 20 Sep 2017 | [Intimation Pursuant To Regulations 42(2) Of SEBI (LOR) Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/9/70fca9da-9f54-4b66-9889-eb7ee468a939.pdf) |
| 20 Sep 2017 | [Intimation Pursuant To Regulations 42(2) Of SEBI (LODR) Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/9/9cf5c893-8a0b-44e0-982f-c1ae8e67d005.pdf) |

## Frequently Asked Questions about Namaste Exports

### What does Namaste Exports Ltd do?

Namaste Exports is primarily engaged in the business of manufacture of leather garments.

### Where is Namaste Exports Ltd (NAMASTEXP) listed?

Namaste Exports Ltd trades as NAMASTEXP on the NSE.

## Company Information

Namaste Exports is primarily engaged in the business of manufacture of leather garments.

- **Website:** https://namasteexports.net/
- **Face Value:** ₹1

---

Negative figures use an ASCII hyphen-minus (-) so they parse as numbers. Amounts are in Indian rupees; "Cr" is crore (10 million). Dates are Indian Standard Time.

Financial statements, shareholding and filings are as reported by the company. Price, volume and 52-week levels are market data. Technical indicators are computed by Tapetide from daily prices. The Tapetide Score is Tapetide’s own analysis. Analyst ratings and forecasts are the published estimates of third-party analysts, not company statements. The AI sections are generated text.

For research and information only, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Generated 5 Nov 2026, 07:14 IST.