Future Market Networks Ltd
NSE: FMNL BSE: 533296
Incorporated in 2008, Future Market Networks Ltd is in the business of leasing out of commercial units / shops.[1]
₹11.5
52W: ₹6.59 — ₹19.4
PE 0 · Book ₹19.6 · -41% vs bookMarket Cap₹69.5 Cr
Stock P/E—Price to Earnings
ROCE16.3%Return on Capital
ROE26.8%Return on Equity
Div. Yield0%Face Value ₹10
Strengths
- +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.
Weaknesses
- −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.
Shareholding Pattern
Promoters68.48%
FIIs0%
DIIs0%
Public31.53%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 65.31% | 65.31% | 66.92%▲1.6 | 66.92% | 66.92% | 66.92% | 66.92% | 68.48%▲1.6 |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 34.69% | 34.68%▼0.0 | 33.06%▼1.6 | 33.07%▲0.0 | 33.08%▲0.0 | 33.08% | 33.07%▼0.0 | 31.53%▼1.5 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 21.49 | 20.95 | 20.54 | 22.11 | 23.7 | 23.57 | 21.66 | 21.67 | 21.64 | 21.96 |
| Expenses | 31.46 | 9.51 | 11.86 | 9.7 | 10.32 | 12.23 | 18.32 | 9.99 | 11.69 | 10.18 |
| Operating Profit | -9.97 | 11.44 | 8.68 | 12.41 | 13.38 | 11.34 | 3.34 | 11.68 | 9.95 | 11.78 |
| OPM % | -46.39% | 54.61% | 42.26% | 56.13% | 56.46% | 48.11% | 15.42% | 53.9% | 45.98% | 53.64% |
| Net Profit | -16.69 | 4.74 | -2.59 | 82.34 | 7.31 | 6.28 | -28.44 | 1.21 | 3.43 | 2.21 |
| EPS ₹ | -2.9 | 0.82 | -0.45 | 14.31 | 1.27 | 1.04 | -4.69 | 0.2 | 0.57 | 0.36 |
AI Insights
Revenue Trend
TTM revenue at ₹87Cr, down 4.4% YoY. OPM at 42%.
Debt Position
Borrowings at ₹148Cr. Debt-to-equity ratio: 2.55x. High leverage — monitor closely.
Institutional Flow
DIIs: 0% (-0.05pp change). FIIs: 0% (+0.00pp change). Promoters hold 68.48%.
Margin & Efficiency
ROCE improving from -2% (Mar 2014) to 16% (Mar 2025). Working capital days: 7.
Recent Announcements
- 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.
- 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.
- 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.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.
- 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.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse