Future Consumer Ltd
Future Consumer is engaged in the business of sourcing, manufacturing, branding, marketing and distribution of fast moving consumer goods (FMCG), Food and Processed Food Products in Urban and Rural India. Earlier the Company was regulated by the Reserve Bank of India (the RBI) as a non-deposit taking Non-Banking Financial Company (NBFC).(Source : 201903 Annual Report Page No: 102)
- Market Cap ₹ 1,580 Cr.
- Current Price ₹ 7.95
- High / Low ₹ 19.6 / 5.44
- Stock P/E
- Book Value ₹ 4.23
- Dividend Yield 0.00 %
- ROCE -2.64 %
- ROE -12.9 %
- Face Value ₹ 6.00
Pros
- Company has reduced debt.
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased by -1.42% over last quarter
- Company has a low return on equity of -5.97% for last 3 years.
- Promoters have pledged 95.45% of their holding.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
811 | 841 | 1,011 | 991 | 1,037 | 1,048 | 1,121 | 924 | 947 | 381 | 239 | 179 | |
806 | 827 | 992 | 970 | 1,020 | 1,021 | 1,093 | 901 | 1,029 | 416 | 330 | 274 | |
Operating Profit | 6 | 14 | 19 | 21 | 17 | 27 | 27 | 23 | -82 | -35 | -91 | -95 |
OPM % | 1% | 2% | 2% | 2% | 2% | 3% | 2% | 3% | -9% | -9% | -38% | -53% |
Other Income | 17 | 9 | 9 | 7 | 7 | 5 | 6 | 6 | -74 | 5 | -30 | 4 |
Interest | 14 | 16 | 17 | 20 | 21 | 23 | 21 | 22 | 22 | 20 | 19 | 19 |
Depreciation | 15 | 12 | 13 | 14 | 14 | 18 | 18 | 18 | 17 | 17 | 14 | 14 |
Profit before tax | -7 | -6 | -2 | -5 | -11 | -9 | -5 | -11 | -194 | -68 | -154 | -124 |
Tax % | 38% | 0% | -48% | -9% | 172% | -74% | -207% | 13% | 9% | -1% | 4% | 9% |
Net Profit | -4 | -6 | -3 | -5 | 8 | -15 | -17 | -9 | -175 | -68 | -147 | -113 |
EPS in Rs | -0.02 | -0.03 | -0.02 | -0.03 | 0.04 | -0.08 | -0.09 | -0.05 | -0.91 | -0.36 | -0.76 | -0.57 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
131 | 154 | 546 | 855 | 915 | 822 | 1,312 | 1,702 | 2,116 | 3,007 | 3,881 | 4,040 | 1,745 | |
173 | 178 | 531 | 832 | 974 | 899 | 1,362 | 1,717 | 2,128 | 2,975 | 3,809 | 4,042 | 2,048 | |
Operating Profit | -42 | -24 | 15 | 23 | -59 | -77 | -50 | -15 | -12 | 33 | 71 | -2 | -303 |
OPM % | -32% | -15% | 3% | 3% | -6% | -9% | -4% | -1% | -1% | 1% | 2% | -0% | -17% |
Other Income | 0 | 24 | -2 | -35 | 42 | 106 | 20 | 26 | 25 | 32 | 31 | -59 | -94 |
Interest | 2 | 11 | 24 | 22 | 17 | 5 | 32 | 70 | 45 | 53 | 73 | 87 | 80 |
Depreciation | 7 | 9 | 25 | 23 | 37 | 39 | 47 | 28 | 33 | 45 | 53 | 70 | 61 |
Profit before tax | -51 | -19 | -37 | -57 | -72 | -16 | -109 | -88 | -65 | -33 | -24 | -218 | -539 |
Tax % | -10% | -8% | -7% | -16% | -7% | 4% | -1% | 0% | -1% | 8% | 70% | 1% | |
Net Profit | -55 | -10 | -27 | -42 | -56 | -7 | -103 | -108 | -61 | -26 | -6 | -216 | -504 |
EPS in Rs | -0.27 | -0.35 | -0.62 | -0.65 | -0.37 | -0.14 | -0.03 | -1.12 | -2.60 | ||||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 39% |
5 Years: | 25% |
3 Years: | 24% |
TTM: | -58% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -13% |
3 Years: | % |
TTM: | -1076% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -18% |
3 Years: | -49% |
1 Year: | -43% |
Return on Equity | |
---|---|
10 Years: | -6% |
5 Years: | -8% |
3 Years: | -6% |
Last Year: | -13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
369 | 576 | 826 | 1,576 | 946 | 959 | 994 | 988 | 988 | 1,141 | 1,144 | 1,145 | 1,145 | |
Reserves | -63 | -72 | -99 | -139 | -129 | -153 | -225 | -433 | -497 | -146 | -154 | -90 | -304 |
Borrowings | 56 | 169 | 186 | 189 | 7 | 110 | 673 | 539 | 471 | 618 | 814 | 624 | 590 |
57 | 152 | 185 | 204 | 146 | 144 | 204 | 239 | 729 | 409 | 446 | 559 | 551 | |
Total Liabilities | 419 | 825 | 1,097 | 1,831 | 970 | 1,059 | 1,647 | 1,332 | 1,692 | 2,022 | 2,250 | 2,238 | 1,982 |
88 | 335 | 562 | 649 | 471 | 473 | 888 | 787 | 844 | 910 | 945 | 782 | 726 | |
CWIP | 1 | 2 | 2 | 6 | 6 | 7 | 50 | 37 | 89 | 69 | 31 | 36 | 37 |
Investments | 222 | 101 | 122 | 496 | 218 | 139 | 112 | 86 | 40 | 43 | 73 | 66 | 66 |
107 | 388 | 411 | 681 | 275 | 441 | 597 | 422 | 718 | 1,000 | 1,201 | 1,353 | 1,154 | |
Total Assets | 419 | 825 | 1,097 | 1,831 | 970 | 1,059 | 1,647 | 1,332 | 1,692 | 2,022 | 2,250 | 2,238 | 1,982 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-14 | -74 | 92 | -309 | -64 | -79 | -243 | 80 | -81 | -94 | -55 | 33 | |
13 | -85 | -352 | -473 | 33 | 87 | -193 | 52 | -147 | -127 | -43 | -21 | |
10 | 165 | 249 | 800 | 14 | -6 | 463 | -144 | 258 | 217 | 112 | -21 | |
Net Cash Flow | 9 | 6 | -11 | 18 | -16 | 1 | 27 | -13 | 30 | -4 | 13 | -8 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROCE % | -13% | -2% | -1% | 0% | -4% | -0% | -5% | -1% | -2% | 1% | 3% | -3% |
Debtor Days | 15 | 344 | 125 | 89 | 11 | 49 | 43 | 35 | 56 | 60 | 63 | 69 |
Inventory Turnover | 3.88 | 1.68 | 3.25 | 4.24 | 6.27 | 8.85 | 10.62 | 13.16 | 12.84 | 12.98 | 14.30 | 17.04 |