SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Future Market Networks Ltd (FMNL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533296 NSE: FMNL Business Support | Small Cap | Future MarketNetwork Share Price

₹10.75 0.02 (0.19%)

As on 04-Jun'26 16:59

Future Market Networks Ltd (FMNL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533296 NSE: FMNL Business Support | Small Cap | Future MarketNetwork Share Price

₹10.75 0.02 (0.19%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹68 Cr.
Current Price
₹10.8
52-Week Low / High
₹7 / 19
TTM EPS
₹1.3
TTM Sales
₹87.7 Cr.
Book Value per Share
₹19.6
P/E Ratio
8.18
Industry PE
23
Price to Book (P/B)
0.55
Lower than its 5-year historical median
Price to Sales (P/S)
0.78
Higher than its 5-year historical median
EV/EBITDA
2.42
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
95.85%
Outperforms industry median
Return on Capital Employed (ROCE)
57.83%
Outperforms industry median
Return on Assets (ROA)
25.07%
Operating Profit Margin
52.5%
Net Profit Margin
74.15%
Gross Profit Margin
38.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
9.85%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
117.11%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
68.48%
Pledged shares (%) of Promoter's holding (%)
84.32%
Reserves
₹61 Cr.
Equity
₹63.6 Cr.
Face Value
₹10
All Time Low / High
₹3.80 / 372.70

Future Market Networks stock performance

Key Ratios
mw4me loader

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Future Market Networks Ltd a good quality company?
Future Market Networks Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Future Market Networks Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Future Market Networks Ltd vs industry peers?
Future Market Networks Ltd revenue CAGR is -5.62%, compared to the industry median CAGR of 0.35%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Future Market Networks Ltd?
Promoters hold 68.48% of the Future Market Networks Ltd, with 84.32% of their stake pledged, indicating high pledge risk.
Q.1 Stock return of Future Market Networks Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -8.1% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Future Market Networks Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 2.7%3.6%6.4%8.8%19.6%-10.9%13.4%-1.7%16.4%57.8%-
Value Creation
Index
-0.8-0.7-0.5-0.40.4-1.80.0-1.10.23.1-

Growth Parameters

Sales 80.882.579.412612264.680.786.882.99188
Sales YoY Gr.-2.1%-3.8%59.2%-3.9%-46.9%25%7.6%-4.5%9.9%-
Adj EPS 7.5-4.2-1.51.3-2.9-3.9-1.2-0.71.55.31.3
YoY Gr.--155.8%NANA-318.8%NANANANA258.5%-
BVPS (₹) 35.434.234.433.829.221.912.77.26.117.519.6
Adj Net
Profit
42-23.5-8.37.5-16.8-22.3-6.6-48.5328
Cash Flow from Ops. 3.6-10.577.9-7.9-63.7-30-62.158.81-40.9-
Debt/CF from Ops. 93.6-28.72.6-18.900-1.61.689.7-1.9-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 1.3%-5.6%4.1%9.9%
Adj EPS -3.8%NANA258.5%
BVPS-7.6%-9.8%11.1%188.3%
Share Price -6.6% -8% 33.5% -25.7%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
21.3-12-4.33.9-9.4-15.1-6.6-722.142.97.1
Op. Profit
Mgn %
28.518.523.53142.636.35154.748.452.550.4
Net Profit
Mgn %
51.9-28.5-10.45.9-13.8-34.5-8.2-4.610.235.19.5
Debt to
Equity
1.71.61.10.8001.42.22.50.80.5
Working Cap
Days
1,4611,2791,139514510946639463383340162
Cash Conv.
Cycle
-124-78-56-3139104-522-20-5739

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales80.8182.5179.41126.45121.5664.5580.6786.8282.8891.04
Operating Expenses + 66.3471.2960.7787.2369.8451.1147.8458.3264.2450.57
Manufacturing Costs1.220.592.014.824.451.820.710.940.910.79
Material Costs2.613.850.390.041.210.010.013.150.501.47
Employee Cost 4.404.684.706.185.924.536.537.178.757.99
Other Costs 58.1162.1753.6776.2058.2544.7540.5947.0654.0740.33
Operating Profit 14.4711.2218.6439.2151.7213.4432.8328.5018.6440.47
Operating Profit Margin (%) 17.9%13.6%23.5%31.0%42.5%20.8%40.7%32.8%22.5%44.5%
Other Income + 27.4033.3934.9618.6049.047.754.836.3514.615.85
Exceptional Items 000-0.35000-20.91057.06
Interest 46.074223.2719.6829.4820.5620.4019.4314.6911.18
Depreciation 26.8326.1424.8625.1251.1437.2917.6216.6012.2812.26
Profit Before Tax -31.02-23.535.4712.6720.14-36.66-0.35-22.096.2879.94
Tax -66.970.533.672.599.07-7.8412.029.5212.0812.44
Profit After Tax 35.95-24.061.8010.0911.07-28.82-12.37-31.62-5.8067.50
PAT Margin (%) 44.5%-29.2%2.3%8.0%9.1%-44.7%-15.3%-36.4%-7.0%74.2%
Adjusted EPS (₹)6.4-4.30.31.81.9-5.0-2.2-5.5-1.011.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Future MarketNetwork - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 198.94192.31193.81190.38168.10126.2573.3241.5134.87105.98
Share Capital 56.1756.2956.2956.2957.5457.5457.5457.5457.5460.64
Reserves 142.77136.01137.52134.09110.5668.7015.78-16.04-22.6745.33
Debt +277.92226.66162.66113.580098.9982.1079.4969.08
Long Term Debt151.6577.6535.0600098.9982.1079.4969.08
Short Term Debt126.27149.01127.60113.58000000
Minority Interest0000000000
Trade Payables25.4515.9513.485.7514.5513.355.836.305.897.40
Others Liabilities 238.31189.29224.37216.35426.87361.42274.83263.10131.28104.40
Total Liabilities 740.62624.21594.32526.07609.52501.02452.97393.01251.53286.86

Fixed Assets

Net Fixed Assets +167.77208.43110.3987.26209.35146.41126.76111.5519.9493.04
Gross Block192.88256.95177.42178.51350.40250.18246.60246.22165.56250.14
Accumulated Depreciation25.1048.5267.0391.25141.05103.77119.84134.67145.62157.10
CWIP 9.47000.836.160.640.861.861.860
Investments 118.61117.67134.8498.78104.1895.03102.17102.1059.5063.75
Inventories10.659.309.199.188.638.628.614.804.393.38
Trade Receivables27.2413.6215.7310.5136.1724.3417.1616.928.647.32
Cash Equivalents 0.636.547.495.334.5115.0912.2718.218.398.36
Others Assets 406.26268.66316.68314.18240.51210.89185.14137.57148.80111.01
Total Assets 740.62624.21594.32526.07609.52501.02452.97393.01251.53286.86

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 3.64-10.4977.91-7.88-63.70-29.96-62.1358.820.97-40.87
PBT -31.02-23.535.4712.6720.14-36.66-0.35-22.096.2879.94
Adjustment 55.3541.1014.9627.7838.0562.8348.2671.1736.5619.71
Changes in Working Capital -23.09-37.6457.91-45.25-118.66-60.04-108.396.05-41.58-137.24
Tax Paid 2.399.59-0.44-3.09-3.223.91-1.643.69-0.29-3.28
Cash Flow From Investing Activity + 47.1979.4039.4961.01107.3065.0321.77-0.19-1.91-15.46
Capex -66.0622.1724.09-766.7622.433.06-1.09-0.48-0.49
Net Investments 31.63-1.89-8.583.5850.660.074.75-18.4610.81-6.66
Others 81.6259.1223.9864.43-10.1142.5313.9619.36-12.24-8.32
Cash Flow From Financing Activity + -51.34-64.32-104.43-59.29-37.38-33.5638.04-36.33-20.3048.45
Net Proceeds from Shares 0.380.14000000011.71
Net Proceeds from Borrowing -44.40-62.27-74.18-14.02-34.95098.99-16.90-5.61-7.90
Interest Paid -46.07-42-15.76-6.73-2.43-20.56-20.40-19.43-14.69-9.43
Dividend Paid 0000000000
Others 38.7539.81-14.49-38.54-0-13-40.560-054.07
Net Cash Flow -0.514.5812.97-6.166.231.51-2.3222.30-21.24-7.89

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)18.28-12.30.935.256.18-19.58-12.4-55.07-15.1995.85
ROCE (%)2.713.586.448.7619.57-10.9413.43-1.7416.3957.83
Asset Turnover Ratio0.10.120.130.230.210.120.170.210.260.34
PAT to CFO Conversion(x)0.1N/A43.28-0.78-5.75N/AN/AN/AN/A-0.61
Working Capital Days
Receivable Days126.8090.4067.5037.9070.10171.1093.9071.7056.3032
Inventory Days48.1044.1042.5026.5026.7048.803928.2020.2015.60
Payable Days3,725.801,964.30003,054.8000702.804,409.601,654.10

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *97.780.0097.7897.7890.550.0090.5590.5590.5684.32
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Future Market Networks Ltd FAQs

The current trading price of Future MarketNetwork on 04-Jun-2026 16:59 is ₹10.75.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Future MarketNetwork stood at ₹68.42 Cr

The latest P/E ratio of Future MarketNetwork as of 03-Jun-2026 is 8.18.

The latest P/B ratio of Future MarketNetwork as of 03-Jun-2026 is 0.55.

The 52-week high of Future MarketNetwork is ₹19.41 and the 52-week low is ₹6.59.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Future MarketNetwork is ₹87.70 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Future Market Networks Ltd is a below average quality company.

The key valuation ratios of Future Market Networks Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Future Market Networks Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Future Market Networks Ltd

Agre Developers Ltd. was originally incorporated as Future Mall Management Limited on March 10, 2008 and obtained certificate of commencement of  business dated March 12, 2008 and obtained new certificate of Incorporation subsequent to change of name on October 4, 2010 under the Companies Act, 1956. Agre Developers manages and maintains malls. The company operates as a contractor, building, land and estate agent, and a land developer.

The registered office is located at C-13, Pannalal Silk Mill Compound, LBS Marg, Bhandup (West), Mumbai - 400078, Maharashtra.

You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×