MarketFriction

Future Enterprises Ltd

NSE FEL · BSE 523574 · Diversified Retail
₹0.39 +2.63%
NSE close2026-10-01
52 week range0.34 - 0.60
Market cap₹22.3 Cr.
GSMInsolvency Price band 2%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023
Sales671173243792905143883226224118
Expenses60922923182594933696717732191,342
Operating Profit7253260312219-350-15-8-8-1,334
OPM %11%22%10%16%11%4.2%4.8%-109%-25%-32%-74%-16,906%
Other Income1151350575-8561,040041
Interest1751751851831791541721773443
Depreciation22612113213013313313112786868686
Profit before tax-279-258-280-252-276-259-280-1,510935-98-94-1,422
Tax %0%0%0%-7%0%0%0%0%0%0%0%0%
Net Profit-279-258-280-234-276-259-280-1,510935-98-94-1,422
EPS in Rs-6.14-5.67-6.15-5.14-6.07-5.69-6.15-33.1920.56-2.15-2.06-31.26
Jun 2011Dec 2012 18mMar 2014 15mMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Sales4,1016,98811,57710,3428,3583,7824,1854,5664,0438871,514105
Expenses3,6776,18210,4829,1837,3132,7953,0873,2332,9007511,7921,470
Operating Profit4248061,0951,1591,0459871,0971,3331,144136-279-1,365
OPM %10%12%9%11%12%26%26%29%28%15%-18%-1,306%
Other Income11255384251981512227123-8391,046
Interest17446069366949750856858363671768215
Depreciation146312404513547633698769861610524343
Profit before tax1152881612744-192-325-1,068-2,325-678
Tax %34%5%-121%-21%21%0%-35%-972%-11%-2%0%0%
Net Profit772733742144-1224-288-1,050-2,325-678
EPS in Rs2.357.800.081.910.551.00-0.270.53-6.34-23.08-51.10-14.90
Dividend Payout %25%9%495%34%20%22%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-34%-52%-70%-93%
Compounded Profit Growth%%%54%
Stock Price CAGR-31%-47%-28%-37%
Return on Equity%%%%
Jun 2011Dec 2012Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Equity Capital434646838695999999999999
Reserves2,7713,2763,2055,1153,3773,7153,8123,8603,5322,475152-527
Borrowings2,0923,5076,2684,8234,8255,0965,7316,4415,9206,3437,0055,396
Other Liabilities1,4291,7731,9322,5961,3491,3281,2611,6704,2031,275742727
Total Liabilities6,3358,60311,45112,6169,63710,23310,90312,07013,75310,1917,9975,695
Fixed Assets1,4672,2834,3404,8325,2795,8486,4397,0017,4924,0273,4573,102
CWIP1002103642754203865835226249200
Investments2,2512,2801,3501,2951,4171,4041,1211,1521,2781,2031,028801
Other Assets2,5173,8305,3986,2152,5202,5942,7603,3944,3594,8693,5131,792
Total Assets6,3358,60311,45112,6169,63710,23310,90312,07013,75310,1917,9975,695
Jun 2011Dec 2012Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity142-5-729669797828621,0892,826-3,3682321,072
Cash from Investing Activity-780-1,036-1,752-793-1,307-664-1,034-1,271-1,5403,55619552
Cash from Financing Activity6629971,889-226341-140157178-1,297-160-280-1,625
Net Cash Flow24-4565-5313-22-15-5-1228-29-2
Free Cash Flow-392-1,272-2,7435-238-420-657-1871,3571242231,083
CFO/OP38%1%-5%85%97%72%77%78%244%-2,523%-84%-78%
Jun 2011Dec 2012Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days169101411354343137849350105
Inventory Days243176134174521191351501626078576
Days Payable129675310139656079126411156374
Cash Conversion Cycle129118918724891171131721,044279-193
Working Capital Days793337523512211298-14436-1,174-20,353
ROCE %7%9%9%7%6%5%5%6%3%-5%-10%-11%
Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023
Promoters50.11%43.29%37.09%20.61%20.61%20.61%18.88%17.03%16.37%16.37%16.37%16.37%
FIIs1.17%0.49%0.19%0.19%0.19%0.19%0.19%0.19%0.02%0.02%0.02%0.02%
DIIs2.66%6.45%5.96%5.95%5.95%5.25%4.96%0.57%0.58%0.58%0.58%0.58%
Public46.07%49.76%56.76%73.25%73.25%73.95%75.97%82.21%83.03%83.03%83.02%83.03%
No. of Shareholders54,1471,06,1661,08,6391,05,5431,05,9231,04,7771,07,7421,22,8461,32,0571,38,4981,38,9081,39,941

Fundamentals

Market Cap₹ 22.3 Cr.
Current Price₹ 0.49
Book Value₹ -9.41
ROCE-10.8 %
ROE%
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)-93%
Compounded Profit Growth (TTM)54%
Standalone figures.
Valuation
Market capRs 18 Cr
Enterprise valueRs 5,406 Cr
Price to book-0.04x
Price to sales0.17x
EV / sales51.71x
Price to cash flow0.02x
Earnings yield-3821.60%
P/B, 3-year average0.15x
P/E, 5-year average79.01x
P/B, 5-year average0.25x
Profitability
Operating margin (excl. other income)-1305.84%
Operating margin (incl. other income)-305.43%
EBITDA margin-305.46%
Pre-tax margin-648.61%
Net profit margin-648.61%
Net margin, latest quarter-18024.21%
ROE763.21%
ROCE-10.84%
ROA-9.90%
ROE, 3-year average188.24%
ROCE, 3-year average-11.65%
ROA, 3-year average-14.74%
ROE, 5-year average111.55%
ROCE, 5-year average-5.20%
ROA, 5-year average-9.25%
ROIC (approx.)-13.36%
Other income / net worth-244.25%
Growth
Sales growth (latest year)-93.09%
Sales CAGR, 3 years-70.43%
Sales CAGR, 5 years-52.19%
Sales growth QoQ-27.35%
Sales growth YoY (latest quarter)-97.55%
Per share
EPS (TTM)Rs -14.90
EPS (latest quarter)Rs -31.26
EPS, 3-year averageRs -21.24
EPS, 5-year averageRs -8.86
Book value per shareRs -9.41
Sales per shareRs 2.30
Cash flow per shareRs 23.56
Free cash flow per shareRs 23.81
Efficiency
Asset turnover0.02x
Fixed asset turnover0.03x
Inventory turnover4.81x
Inventory days76 days
Debtor days105 days
Debtors turnover3.49x
Creditor days374 days
Cash conversion cycle-193 days
Working capital days-20353 days
Leverage
Total debtRs 5,396 Cr
Cash and bankRs 8 Cr
Net debtRs 5,388 Cr
Debt to equity-12.60x
Interest coverage-42.83x
Owners' fund to total sources-7.52%
Debt to assets94.75%
Cash flow
Cash from Operating Activity (latest year)Rs 1,072 Cr
Cash from Investing Activity (latest year)Rs 552 Cr
Cash from Financing Activity (latest year)Rs -1,625 Cr
Net Cash Flow (latest year)Rs -2 Cr
Free cash flow (latest year)Rs 1,083 Cr
FCFE (approx.: FCF + change in debt)Rs -526 Cr
Sales to cash flow0.10x
Statement figures
Net sales (TTM)Rs 105 Cr
Net sales (latest year)Rs 105 Cr
Sales (latest quarter)Rs 8 Cr
Operating profit excl. other income (latest year)Rs -1,365 Cr
Operating profit (latest quarter)Rs -1,334 Cr
Other income (TTM)Rs 1,046 Cr
EBITDA (TTM)Rs -319 Cr
PBDT (TTM)Rs -335 Cr
Profit before tax (TTM)Rs -678 Cr
Net profit (TTM)Rs -678 Cr
Net profit (latest year)Rs -678 Cr
Net profit (latest quarter)Rs -1,422 Cr
Depreciation (TTM)Rs 343 Cr
Depreciation (latest quarter)Rs 86 Cr
Interest (TTM)Rs 15 Cr
Cost of goods sold (latest year)Rs 348 Cr
Total expenditure (latest year)Rs 1,470 Cr
Total income (latest year)Rs 1,150 Cr
Share capitalRs 99 Cr
ReservesRs -527 Cr
Shareholders' fundsRs -428 Cr
Total assetsRs 5,695 Cr
Net blockRs 3,102 Cr
InvestmentsRs 801 Cr
ReceivablesRs 30 Cr
InventoryRs 72 Cr
Other liabilitiesRs 727 Cr
Shares outstanding (crore)45.49
Ownership
Promoter holding16.37% (-0.66 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodFELNifty 50Difference
1 week+8.3%-2.8% +11.1 pts
1 month+2.6%-6.8% +9.4 pts
3 months+0.0%-7.6% +7.6 pts
6 months+5.4%+0.4% +5.0 pts
1 year-32.8%-9.9% -22.8 pts
2 years-53.0%-13.6% -39.5 pts
3 years-61.0%+14.2% -75.2 pts
5 years-95.7%+27.9% -123.6 pts

Red flags

F-score 4 of 8
seriousNegative equity Shareholders' equity is negative
seriousInsolvency process Insolvency process 2026-09-04: Future Enterprises Limited has informed the Exchange about selection of OMPL as the Successful Resolution Applicant
lookRepeated losses Net loss in each of the last two years
lookOn NSE surveillance On NSE surveillance: GSM, Insolvency
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Mar 2023
Sales ₹8 Cr -97.5% vs Mar 2022. Net loss ₹1,422 Cr.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2018-08-20 Annual General Meeting
2017-08-21 Dividend - Re 0.20 Per Share
2016-08-19 Dividend - Re 0.10/- Per Share
2016-05-11 Scheme Of Arrangement
2015-08-17 Annual General Meeting/ Dividend - Re 0.60/- Per Share
2014-11-18Rights 5:8 @ Premium Rs.101/- Per Equity Share
2014-07-28Annual General Meeting / Dividend - Re 0.60/- Per Share
2013-06-21Scheme Of Arrangement
2013-06-21Inferred from price: close fell to 0.671x overnight, no NSE action on record0.6667
2013-05-20Dividend-Re 1.10 Pr Share
2013-04-17Scheme Of Arrangement
2011-10-19Dividend-Re.0.90 Per Share
2010-10-20Dividend-Re.0.80 Per Share
2010-09-17Scheme Of Arrangement
2009-11-25Dividend-Re.0.60 Pr Share
2008-11-05Agm/Div-30%/Bon 1dvr:10eq
2007-11-07Agm/Div-Re0.50 Per Sh
2006-12-12Fv Split Rs.10/- To Rs.2/0.2000
2006-11-08Agm/Div-Rs.2.50/- Per Sh
DateTypeWhat it says
2026-09-04Corporate Insolvency ResolutSelection of OMPL as the Successful Resolution Applicant
2026-08-05Corporate Insolvency Resolut43rd COC Meeting Corporate Insolvency Resolution Process
2026-04-10Corporate Insolvency ResolutCorporate Insolvency Resolution Process
2026-02-09Corporate Insolvency ResolutCorporate Insolvency Resolution Process
2025-11-11Corporate Insolvency ResolutCorporate Insolvency Resolution Process
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
GSMInsolvency Resolution Process(IRP)Less than 100 unique PAN traded in previous 30 daysUnder BZ/SZ Series
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03