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 8.03
- Book Value ₹ 18.3
- Dividend Yield 0.00 %
- ROCE 9.28 %
- ROE 7.50 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.57 times its book value
- Company has delivered good profit growth of 18.8% 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 7.39% over past five years.
- Tax rate seems low
- Company has a low return on equity of -6.05% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 156.86 | 89.17 | 87.01 | 84.25 | 131.27 | 126.77 | 69.00 | 85.26 | 92.40 | 93.03 | 101.00 | 98.54 | |
| 126.11 | -9.92 | 72.35 | 79.22 | 89.68 | 72.76 | 43.96 | 41.76 | 42.44 | 55.22 | 59.79 | 54.38 | |
| Operating Profit | 30.75 | 99.09 | 14.66 | 5.03 | 41.59 | 54.01 | 25.04 | 43.50 | 49.96 | 37.81 | 41.21 | 44.16 |
| OPM % | 19.60% | 111.12% | 16.85% | 5.97% | 31.68% | 42.60% | 36.29% | 51.02% | 54.07% | 40.64% | 40.80% | 44.81% |
| 9.07 | 26.10 | 30.19 | 35.23 | 18.31 | 68.06 | -2.72 | -19.14 | -10.40 | -4.30 | 62.99 | 13.27 | |
| Interest | 74.90 | 55.63 | 43.61 | 24.57 | 20.37 | 30.35 | 22.34 | 21.19 | 20.36 | 15.86 | 12.34 | 17.93 |
| Depreciation | 41.70 | 32.37 | 27.35 | 26.08 | 26.32 | 52.48 | 38.63 | 18.61 | 17.76 | 13.74 | 13.84 | 32.59 |
| Profit before tax | -76.78 | 37.19 | -26.11 | -10.39 | 13.21 | 39.24 | -38.65 | -15.44 | 1.44 | 3.91 | 78.02 | 6.91 |
| Tax % | 1.48% | -178.46% | 3.03% | 40.42% | 24.00% | 23.73% | -20.36% | 81.61% | 748.61% | 309.97% | 17.20% | -10.42% |
| -78.00 | 103.57 | -26.90 | -14.58 | 10.04 | 29.93 | -30.79 | -28.04 | -9.35 | -8.20 | 64.60 | 7.64 | |
| EPS in Rs | -13.98 | 18.44 | -4.79 | -2.60 | 1.76 | 5.16 | -5.37 | -4.91 | -1.57 | -1.08 | 10.89 | 1.31 |
| 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: | 7% |
| 3 Years: | 2% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -14% |
| 5 Years: | 19% |
| 3 Years: | 27% |
| TTM: | -59% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -6% |
| 5 Years: | -8% |
| 3 Years: | 29% |
| 1 Year: | -27% |
| Return on Equity | |
|---|---|
| 10 Years: | -20% |
| 5 Years: | -49% |
| 3 Years: | -6% |
| Last Year: | 8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 101.74 | 143.76 | 137.35 | 122.61 | 123.08 | 112.66 | 53.11 | -15.72 | -24.72 | -35.22 | 39.56 | 47.23 |
| 729.92 | 384.56 | 343.34 | 237.62 | 153.99 | 221.84 | 194.67 | 276.51 | 249.89 | 130.66 | 178.95 | 145.56 | |
| 461.39 | 299.73 | 353.41 | 308.28 | 307.07 | 374.62 | 339.45 | 250.42 | 242.74 | 174.74 | 69.15 | 65.70 | |
| Total Liabilities | 1,348.90 | 884.22 | 890.39 | 724.80 | 640.43 | 766.66 | 644.77 | 568.75 | 525.45 | 327.72 | 348.30 | 322.13 |
| 656.56 | 226.51 | 265.96 | 267.60 | 221.12 | 343.82 | 278.15 | 256.17 | 242.03 | 148.00 | 182.13 | 149.75 | |
| CWIP | 18.65 | 12.47 | 3.48 | 9.95 | 6.33 | 11.91 | 5.57 | 6.26 | 7.35 | 8.49 | 7.24 | 8.01 |
| Investments | 131.47 | 247.38 | 95.79 | 68.18 | 64.50 | 46.57 | 18.08 | 49.35 | 85.71 | 29.29 | 32.13 | 28.48 |
| 542.22 | 397.86 | 525.16 | 379.07 | 348.48 | 364.36 | 342.97 | 256.97 | 190.36 | 141.94 | 126.80 | 135.89 | |
| Total Assets | 1,348.90 | 884.22 | 890.39 | 724.80 | 640.43 | 766.66 | 644.77 | 568.75 | 525.45 | 327.72 | 348.30 | 322.13 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 356.62 | -4.76 | -6.27 | 101.38 | 24.95 | -81.37 | -29.73 | -35.24 | 81.55 | -18.26 | 3.06 | 41.32 | |
| -281.29 | 47.20 | 79.96 | 44.12 | 56.09 | 108.03 | 66.93 | 1.28 | -28.87 | 6.28 | -3.51 | -23.06 | |
| -83.91 | -43.17 | -69.01 | -116.06 | -86.87 | -38.16 | -36.61 | 37.76 | -37.50 | -9.59 | -7.47 | -19.40 | |
| Net Cash Flow | -8.58 | -0.73 | 4.68 | 29.45 | -5.83 | -11.51 | 0.59 | 3.80 | 15.18 | -21.58 | -7.93 | -1.14 |
| Free Cash Flow | 308.04 | -71.20 | 15.42 | 120.44 | 14.64 | -14.86 | -7.72 | -32.66 | 76.24 | -20.65 | 24.60 | 10.95 |
| CFO/OP | 1,162% | -7% | -106% | 2,025% | 68% | -145% | -134% | -77% | 151% | -52% | 9% | 100% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 217.59 | 114.24 | 61.25 | 72.09 | 31.36 | 107.25 | 140.13 | 74.66 | 69.80 | 37.78 | 28.59 | 30.56 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 217.59 | 114.24 | 61.25 | 72.09 | 31.36 | 107.25 | 140.13 | 74.66 | 69.80 | 37.78 | 28.59 | 30.56 |
| Working Capital Days | -384.90 | -990.21 | -885.38 | -771.68 | -592.81 | -443.75 | -790.73 | -537.05 | -729.57 | -569.84 | -96.38 | -38.34 |
| ROCE % | -0.13% | 3.13% | 3.24% | -0.12% | 8.14% | 2.90% | -1.98% | 9.30% | 13.93% | 17.90% | 15.83% | 9.28% |
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. |
|
||||||||||
| Directly Managed/Owned Retail Space (Standalone) Million Sq. Ft. ・Standalone data |
|||||||||||
| Logistics & Warehousing Development Portfolio Million Sq. Ft. |
|||||||||||
| Number of Actively Managed Malls Count ・Standalone data |
|||||||||||
| Number of Material Lease Customers (>10% Revenue) Count |
|||||||||||
Extracted by Screener AI
Documents
Announcements
-
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.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
28 May - Annual Secretarial Compliance Report for FY2025-26 filed; no non-compliances or regulatory actions reported.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
28 May - Annual Secretarial Compliance Report for FY ended March 31, 2026; no non-compliances reported.
-
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
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
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.