Future Market Networks Ltd
Incorporated in 2008, Future Market Networks Ltd is in the business of Mall Management[1]
- Market Cap ₹ 50.0 Cr.
- Current Price ₹ 8.26
- High / Low ₹ 19.4 / 7.30
- Stock P/E
- Book Value ₹ 17.2
- Dividend Yield 0.00 %
- ROCE 15.8 %
- ROE 31.7 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.48 times its book value
- Debtor days have improved from 45.4 to 28.6 days.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -4.44% over past five years.
- Company has a low return on equity of -133% over last 3 years.
- Promoters have pledged 90.6% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 161 | 157 | 89 | 87 | 84 | 131 | 127 | 69 | 85 | 92 | 93 | 101 | 97 | |
| 131 | 126 | -10 | 72 | 79 | 90 | 73 | 44 | 42 | 42 | 55 | 60 | 61 | |
| Operating Profit | 29 | 31 | 99 | 15 | 5 | 42 | 54 | 25 | 44 | 50 | 38 | 41 | 36 |
| OPM % | 18% | 20% | 111% | 17% | 6% | 32% | 43% | 36% | 51% | 54% | 41% | 41% | 37% |
| 6 | 9 | 26 | 30 | 35 | 18 | 68 | -3 | -19 | -10 | -4 | 63 | -6 | |
| Interest | 80 | 75 | 56 | 44 | 25 | 20 | 30 | 22 | 21 | 20 | 16 | 12 | 16 |
| Depreciation | 29 | 42 | 32 | 27 | 26 | 26 | 52 | 39 | 19 | 18 | 14 | 14 | 28 |
| Profit before tax | -73 | -77 | 37 | -26 | -10 | 13 | 39 | -39 | -15 | 1 | 4 | 78 | -15 |
| Tax % | -0% | 1% | -178% | 3% | 40% | 24% | 24% | -20% | 82% | 749% | 310% | 17% | |
| -76 | -78 | 104 | -27 | -15 | 10 | 30 | -31 | -28 | -9 | -8 | 65 | -24 | |
| EPS in Rs | -13.67 | -13.98 | 18.44 | -4.79 | -2.60 | 1.76 | 5.16 | -5.37 | -4.91 | -1.57 | -1.08 | 10.89 | -3.85 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | -4% |
| 3 Years: | 6% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 25% |
| 3 Years: | 36% |
| TTM: | -187% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -11% |
| 5 Years: | -14% |
| 3 Years: | 19% |
| 1 Year: | -54% |
| Return on Equity | |
|---|---|
| 10 Years: | -17% |
| 5 Years: | -53% |
| 3 Years: | -133% |
| Last Year: | 32% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 176 | 102 | 144 | 137 | 123 | 123 | 113 | 53 | -16 | -25 | -35 | 40 | 44 |
| 1,227 | 730 | 385 | 343 | 238 | 154 | 222 | 195 | 277 | 250 | 131 | 179 | 165 | |
| 242 | 461 | 300 | 353 | 308 | 307 | 375 | 339 | 250 | 243 | 175 | 69 | 71 | |
| Total Liabilities | 1,700 | 1,349 | 884 | 890 | 725 | 640 | 767 | 645 | 569 | 525 | 328 | 348 | 340 |
| 656 | 657 | 227 | 266 | 268 | 221 | 344 | 278 | 256 | 242 | 148 | 182 | 166 | |
| CWIP | 105 | 19 | 12 | 3 | 10 | 6 | 12 | 6 | 6 | 7 | 8 | 7 | 7 |
| Investments | 77 | 131 | 247 | 96 | 68 | 64 | 47 | 18 | 49 | 86 | 29 | 32 | 28 |
| 862 | 542 | 398 | 525 | 379 | 348 | 364 | 343 | 257 | 190 | 142 | 127 | 140 | |
| Total Assets | 1,700 | 1,349 | 884 | 890 | 725 | 640 | 767 | 645 | 569 | 525 | 328 | 348 | 340 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -58 | 357 | -5 | -6 | 101 | 25 | -81 | -30 | -35 | 82 | -18 | 3 | |
| -39 | -281 | 47 | 80 | 44 | 56 | 108 | 67 | 1 | -29 | 6 | -4 | |
| 87 | -84 | -43 | -69 | -116 | -87 | -38 | -37 | 38 | -38 | -10 | -7 | |
| Net Cash Flow | -10 | -9 | -1 | 5 | 29 | -6 | -12 | 1 | 4 | 15 | -22 | -8 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 216 | 218 | 114 | 61 | 72 | 31 | 107 | 140 | 75 | 70 | 38 | 29 |
| Inventory Days | 867 | |||||||||||
| Days Payable | 1,248 | |||||||||||
| Cash Conversion Cycle | -165 | 218 | 114 | 61 | 72 | 31 | 107 | 140 | 75 | 70 | 38 | 29 |
| Working Capital Days | -57 | -385 | -990 | -885 | -772 | -593 | -444 | -791 | -537 | -730 | -570 | -96 |
| ROCE % | 1% | -0% | 3% | 3% | -0% | 8% | 3% | -2% | 9% | 14% | 18% | 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. ・Standalone data |
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| Logistics & Warehousing Development Portfolio Million Sq. Ft. |
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| Number of Actively Managed Malls Count ・Standalone data |
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| Number of Material Lease Customers (>10% Revenue) Count |
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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
11 Feb - Newspaper Advertisement pertaining to the Unaudited Financial Results for the quarter and nine months ended December 31, 2025
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Unaudited Financial Results (Standalone & Consolidated) For The Quarter And Nine Months Ended December 31, 2025
10 Feb - Approved Q3/9M Dec 31,2025 results; Yes Bank demand INR18,448.96L; exceptional loss INR1,900L; ESOP revised.
- Board Meeting Outcome for Unaudited Financial Results (Standalone & Consolidated) For The Quarter And Nine Months Ended December 31, 2025 10 Feb
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Board Meeting Intimation for The Quarter And Nine Months Ended December 31, 2025
4 Feb - Board meeting Feb 10 to approve unaudited standalone and consolidated results for quarter/nine months ended Dec 31, 2025.
-
Update On Merger- Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
17 Jan - Filed scheme for merger of Metawear into Future Market Networks with NCLT on 17 Jan 2025.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
from bse
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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
from bse
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Business Overview:[1][2]
Company, as a part of Future Group, works towards building capacity and organizing of modern wholesale trade, retail and logistics infrastructure in India. It aims to amend the wholesale infrastructure, improve the supply chain and clear logistics bottlenecks to bridge the gap between demand and supply