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 ₹ 63.6 Cr.
- Current Price ₹ 10.5
- High / Low ₹ 19.4 / 6.59
- Stock P/E 7.60
- Book Value ₹ 20.6
- Dividend Yield 0.00 %
- ROCE 9.10 %
- ROE 7.00 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.51 times its book value
- Company has delivered good profit growth of 19.4% CAGR over last 5 years
- Promoter holding has increased by 1.56% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 6.32% over past five years.
- Tax rate seems low
- Company has a low return on equity of 1.06% over last 3 years.
- Promoters have pledged 84.3% of their holding.
- Working capital days have increased from -138 days to 71.8 days
* 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 72.94 | 80.81 | 82.51 | 79.41 | 126.45 | 121.56 | 64.55 | 80.67 | 86.82 | 82.88 | 91.04 | 87.70 | |
| 62.86 | 57.74 | 67.22 | 60.76 | 87.23 | 69.84 | 41.15 | 39.56 | 58.29 | 42.80 | 48.71 | 43.53 | |
| Operating Profit | 10.08 | 23.07 | 15.29 | 18.65 | 39.22 | 51.72 | 23.40 | 41.11 | 28.53 | 40.08 | 42.33 | 44.17 |
| OPM % | 13.82% | 28.55% | 18.53% | 23.49% | 31.02% | 42.55% | 36.25% | 50.96% | 32.86% | 48.36% | 46.50% | 50.36% |
| 12.86 | 18.81 | 29.32 | 34.96 | 18.25 | 49.04 | -2.21 | -3.45 | -14.59 | -6.83 | 61.05 | 11.00 | |
| Interest | 49.20 | 46.07 | 42.00 | 23.27 | 19.68 | 29.48 | 20.56 | 20.40 | 19.43 | 14.69 | 11.18 | 16.58 |
| Depreciation | 27.04 | 26.83 | 26.14 | 24.86 | 25.12 | 51.14 | 37.29 | 17.62 | 16.60 | 12.28 | 12.26 | 31.01 |
| Profit before tax | -53.30 | -31.02 | -23.53 | 5.48 | 12.67 | 20.14 | -36.66 | -0.36 | -22.09 | 6.28 | 79.94 | 7.58 |
| Tax % | 0.00% | -215.89% | 2.25% | 66.97% | 20.36% | 45.03% | -21.39% | 3,338.89% | 43.10% | 192.36% | 15.56% | -10.16% |
| -53.30 | 35.95 | -24.06 | 1.80 | 10.09 | 11.07 | -28.82 | -12.37 | -31.62 | -5.80 | 67.50 | 8.36 | |
| EPS in Rs | -9.54 | 6.40 | -4.27 | 0.32 | 1.79 | 1.92 | -5.01 | -2.15 | -5.49 | -1.01 | 11.13 | 1.38 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 6% |
| 3 Years: | 0% |
| TTM: | -4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -15% |
| 5 Years: | 19% |
| 3 Years: | 34% |
| TTM: | -58% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -6% |
| 5 Years: | -8% |
| 3 Years: | 29% |
| 1 Year: | -27% |
| Return on Equity | |
|---|---|
| 10 Years: | -6% |
| 5 Years: | -3% |
| 3 Years: | 1% |
| Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 55.85 | 56.17 | 56.29 | 56.29 | 56.29 | 57.54 | 57.54 | 57.54 | 57.54 | 57.54 | 60.64 | 63.64 |
| Reserves | 138.93 | 142.97 | 136.01 | 137.52 | 134.09 | 110.56 | 68.70 | 15.78 | -16.04 | -22.67 | 53.57 | 61.05 |
| 377.62 | 340.42 | 300.88 | 205.48 | 148.53 | 211.81 | 184.10 | 265.34 | 235.69 | 115.27 | 163.18 | 129.06 | |
| 291.34 | 275.69 | 205.80 | 266.13 | 249.85 | 301.08 | 270.05 | 181.67 | 172.89 | 146.22 | 41.87 | 34.35 | |
| Total Liabilities | 863.74 | 815.25 | 698.98 | 665.42 | 588.76 | 680.99 | 580.39 | 520.33 | 450.08 | 296.36 | 319.26 | 288.10 |
| 280.86 | 167.77 | 208.43 | 185.07 | 166.32 | 287.76 | 223.42 | 202.44 | 185.90 | 92.96 | 134.04 | 103.21 | |
| CWIP | 14.55 | 9.47 | 0.00 | 0.00 | 0.83 | 6.16 | 0.64 | 0.86 | 1.86 | 1.86 | 0.00 | 0.00 |
| Investments | 207.04 | 267.30 | 117.67 | 134.84 | 98.78 | 104.18 | 95.03 | 102.17 | 102.10 | 59.50 | 63.75 | 58.98 |
| 361.29 | 370.71 | 372.88 | 345.51 | 322.83 | 282.89 | 261.30 | 214.86 | 160.22 | 142.04 | 121.47 | 125.91 | |
| Total Assets | 863.74 | 815.25 | 698.98 | 665.42 | 588.76 | 680.99 | 580.39 | 520.33 | 450.08 | 296.36 | 319.26 | 288.10 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 108.14 | 3.64 | -10.49 | 77.91 | -7.88 | -63.70 | -29.96 | -62.13 | 58.82 | 0.97 | -40.87 | 39.02 | |
| 1.65 | 47.19 | 79.40 | 39.49 | 61.01 | 107.30 | 65.03 | 21.77 | -0.19 | -1.91 | -15.46 | 7.70 | |
| -116.87 | -51.34 | -64.32 | -104.43 | -59.29 | -37.38 | -33.56 | 38.04 | -36.33 | -20.30 | 48.45 | -48.18 | |
| Net Cash Flow | -7.08 | -0.51 | 4.58 | 12.97 | -6.16 | 6.23 | 1.51 | -2.32 | 22.30 | -21.24 | -7.89 | -1.46 |
| Free Cash Flow | 101.84 | -62.42 | 11.68 | 102.00 | -14.88 | 3.06 | -7.52 | -59.07 | 57.72 | 0.49 | -41.36 | 38.85 |
| CFO/OP | 1,073% | 5% | -131% | 420% | -12% | -117% | -145% | -147% | 193% | 3% | -89% | 95% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 144.72 | 123.04 | 60.25 | 72.30 | 30.34 | 108.61 | 137.63 | 77.64 | 71.13 | 38.05 | 29.35 | 30.76 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 144.72 | 123.04 | 60.25 | 72.30 | 30.34 | 108.61 | 137.63 | 77.64 | 71.13 | 38.05 | 29.35 | 30.76 |
| Working Capital Days | -459.03 | -989.76 | -829.40 | -734.83 | -527.34 | -480.81 | -901.95 | -423.91 | -602.87 | -493.86 | 7.34 | 71.75 |
| ROCE % | -0.62% | 4.25% | 3.74% | 3.22% | 7.75% | 2.75% | -1.95% | 8.71% | 5.80% | 19.34% | 16.31% | 9.10% |
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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Disclosure Of Utilization Of The Proceeds Of Preferential Issue As per Regulation 32 Of The Of The SEBI (LODR) Regulations 2015.
29 May - Reported utilization of preferential issue proceeds: Rs 1.73 crore loan repayment and Rs 0.79 crore general purposes.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
28 May - Annual Secretarial Compliance Report for FY2025-26 filed; no non-compliances or regulatory actions reported.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
28 May - Annual Secretarial Compliance Report for FY ended March 31, 2026; no non-compliances reported.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
23 May - Future Market Networks Limited has informed about copy of newspaper advertisement of the Notice of the Extra Ordinary General Meeting
- Notice Of Extraordinary General Meeting 22 May
Annual reports
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Financial Year 2025
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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.