Future Market Networks Ltd
Incorporated in 2008, Future Market Networks Ltd is in the business of leasing out of commercial units / shops.[1]
- Market Cap ₹ 69.1 Cr.
- Current Price ₹ 11.5
- High / Low ₹ 19.4 / 6.59
- Stock P/E
- Book Value ₹ 19.6
- Dividend Yield 0.00 %
- ROCE 16.3 %
- ROE 26.8 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.53 times its book value
- Debtor days have improved from 46.2 to 29.4 days.
- Promoter holding has increased by 1.56% over last quarter.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -5.62% over past five years.
- Company has a low return on equity of -15.6% over last 3 years.
- Promoters have pledged 84.3% of their holding.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 77 | 73 | 81 | 83 | 79 | 126 | 122 | 65 | 81 | 87 | 83 | 91 | 87 | |
| 79 | 63 | 58 | 67 | 61 | 87 | 70 | 41 | 40 | 58 | 43 | 49 | 50 | |
| Operating Profit | -2 | 10 | 23 | 15 | 19 | 39 | 52 | 23 | 41 | 29 | 40 | 42 | 37 |
| OPM % | -2% | 14% | 29% | 19% | 23% | 31% | 43% | 36% | 51% | 33% | 48% | 46% | 42% |
| 5 | 13 | 19 | 29 | 35 | 18 | 49 | -2 | -3 | -15 | -7 | 61 | -9 | |
| Interest | 52 | 49 | 46 | 42 | 23 | 20 | 29 | 21 | 20 | 19 | 15 | 11 | 15 |
| Depreciation | 18 | 27 | 27 | 26 | 25 | 25 | 51 | 37 | 18 | 17 | 12 | 12 | 26 |
| Profit before tax | -66 | -53 | -31 | -24 | 5 | 13 | 20 | -37 | -0 | -22 | 6 | 80 | -13 |
| Tax % | 0% | 0% | -216% | 2% | 67% | 20% | 45% | -21% | 3,339% | 43% | 192% | 16% | |
| -66 | -53 | 36 | -24 | 2 | 10 | 11 | -29 | -12 | -32 | -6 | 68 | -22 | |
| EPS in Rs | -11.79 | -9.54 | 6.40 | -4.27 | 0.32 | 1.79 | 1.92 | -5.01 | -2.15 | -5.49 | -1.01 | 11.13 | -3.56 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | -6% |
| 3 Years: | 4% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 26% |
| 3 Years: | 36% |
| TTM: | -160% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -9% |
| 5 Years: | -6% |
| 3 Years: | 28% |
| 1 Year: | -36% |
| Return on Equity | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | -9% |
| 3 Years: | -16% |
| Last Year: | 27% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 56 | 56 | 56 | 56 | 56 | 56 | 58 | 58 | 58 | 58 | 58 | 61 | 61 |
| Reserves | 192 | 139 | 143 | 136 | 138 | 134 | 111 | 69 | 16 | -16 | -23 | 54 | 58 |
| 510 | 378 | 340 | 301 | 205 | 149 | 212 | 184 | 265 | 236 | 115 | 163 | 148 | |
| 143 | 291 | 276 | 206 | 266 | 250 | 301 | 270 | 182 | 173 | 146 | 42 | 41 | |
| Total Liabilities | 901 | 864 | 815 | 699 | 665 | 589 | 681 | 580 | 520 | 450 | 296 | 319 | 308 |
| 307 | 281 | 168 | 208 | 185 | 166 | 288 | 223 | 202 | 186 | 93 | 134 | 119 | |
| CWIP | 9 | 15 | 9 | 0 | 0 | 1 | 6 | 1 | 1 | 2 | 2 | 0 | 0 |
| Investments | 204 | 207 | 267 | 118 | 135 | 99 | 104 | 95 | 102 | 102 | 60 | 64 | 59 |
| 381 | 361 | 371 | 373 | 346 | 323 | 283 | 261 | 215 | 160 | 142 | 121 | 131 | |
| Total Assets | 901 | 864 | 815 | 699 | 665 | 589 | 681 | 580 | 520 | 450 | 296 | 319 | 308 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -27 | 108 | 4 | -10 | 78 | -8 | -64 | -30 | -62 | 59 | 1 | -41 | |
| 21 | 2 | 47 | 79 | 39 | 61 | 107 | 65 | 22 | -0 | -2 | -15 | |
| 13 | -117 | -51 | -64 | -104 | -59 | -37 | -34 | 38 | -36 | -20 | 48 | |
| Net Cash Flow | 8 | -7 | -1 | 5 | 13 | -6 | 6 | 2 | -2 | 22 | -21 | -8 |
| Free Cash Flow | -24 | 102 | -62 | 12 | 102 | -15 | 3 | -8 | -59 | 58 | 0 | -41 |
| CFO/OP | 1,698% | 1,073% | 5% | -131% | 420% | -12% | -117% | -145% | -147% | 193% | 3% | -89% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 200 | 145 | 123 | 60 | 72 | 30 | 109 | 138 | 78 | 71 | 38 | 29 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 200 | 145 | 123 | 60 | 72 | 30 | 109 | 138 | 78 | 71 | 38 | 29 |
| Working Capital Days | -720 | -459 | -990 | -829 | -735 | -527 | -481 | -902 | -424 | -603 | -494 | 7 |
| ROCE % | -2% | -1% | 4% | 4% | 3% | 8% | 3% | -2% | 9% | 6% | 19% | 16% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Managed Retail Space Million Sq. Ft. |
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| Directly Managed/Owned Retail Space (Standalone) Million Sq. Ft. |
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| Logistics & Warehousing Development Portfolio Million Sq. Ft. |
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| Number of Actively Managed Malls Count |
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| Number of Material Lease Customers (>10% Revenue) Count |
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Extracted by Screener AI
Documents
Announcements
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Board Meeting Intimation for Consideration Of Audited Financial Results (Standalone And Consolidated) For The Quarter And Financial Year Ended March 31, 2026 And Consider Raising Of Funds By Issuing Equity Shares And/Or Convertible Warrants On Preferential Basis
13 May - Board meets May 19, 2026 to approve FY26 results and consider equity/warrant fund raising.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
28 Apr - Company confirms it does not qualify as a Large Corporate as of March 31, 2026.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
28 Apr - Company confirms it does not qualify as a Large Corporate as of March 31, 2026.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.
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Disclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015.
30 Mar - Promoter M/s Surplus Finvest submitted Regulation 7(2) SEBI insider trading disclosure on March 30, 2026.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1]
FMNL is engaged in building capacity and infrastructure for future markets. It works to create a network of new markets by integrating
and organizing wholesale trade, retail, and logistics infrastructure in India.