Future Market Networks
Commercial Services
FMNL NSE
₹8.01 No trade today
- P/E
- 5.85
Close 4 Nov 2026 ₹8.01 −3.36 −29.6% 1Y
Start ₹11.37
Key Fundamentals
MicrocapCommercial ServicesServicesPrice-based figures as of · EPS basis: Consolidated · TTM
- ROCE
- 7.88%
- Debt to Equity
- 1.31
- EPS (TTM)
- ₹1.37
- Book Value
- ₹16.57
- Market Cap
- —
- P/E (TTM)
- 5.85
- P/B
- 0.48
- ROE
- 3.95%
- Dividend Yield
- 0.00%
- EBITDA
- ₹56.30 Cr
- 52W High
- ₹12.95
- 52W Low
- ₹6.74
- Volume
- 0
Peer Comparison
Services › Commercial Services › Diversified Services › Diversified Commercial Services
| ₹402.00 | 28.49 | ₹17,550 Cr | 9.92 | 0.63% | 55.80% | 69.20% | ₹1,363 Cr | ₹611 Cr | |
| ₹680.50 | 111.74 | ₹9,206 Cr | 27.76 | 0.00% | 27.90% | 12.60% | ₹2,578 Cr | ₹82 Cr | |
| ₹1,040.40 | 17.60 | ₹7,372 Cr | 2.33 | 0.68% | 14.80% | 18.50% | ₹951 Cr | ₹417 Cr | |
| ₹31.28 | 16.82 | ₹7,118 Cr | 2.05 | 0.00% | 23.10% | 16.20% | ₹1,101 Cr | ₹488 Cr | |
| ₹633.50 | 15.99 | ₹5,724 Cr | 12.18 | 4.72% | 83.80% | 30.80% | ₹674 Cr | ₹357 Cr | |
| ₹116.45 | 22.39 | ₹5,030 Cr | 3.40 | 0.00% | 9.82% | 9.21% | ₹821 Cr | ₹75 Cr | |
| Future Market Networks (this company) | ₹8.01 | 5.85 | ₹52 Cr | 0.48 | 0.00% | 3.95% | 7.88% | ₹99 Cr | ₹8 Cr |
| Median 7 companies | ₹402.00 | 17.60 | ₹7,118 Cr | 3.40 | 0.00% | 23.10% | 16.20% | ₹951 Cr | ₹357 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
40 Weak
Data confidence 100/100
pledge:79%
Category scores
- Quality
- 64
- Good
- Returns, margins, earnings quality 22% weight
- Valuation
- 77
- Strong
- Cheap vs sector & own history 24% weight
- Growth
- 42
- Weak
- Sales & profit trajectory 9% weight
- Financial Health
- 19
- Poor
- Solvency, leverage, coverage 9% weight
- Momentum
- 37
- Weak
- Trend strength, vol-adjusted 12% weight
- Ownership
- 50
- Average
- FII/DII/promoter flows 24% weight
Capped: a governance trigger overrides the
fundamentals here (pledge>75% ≤ 40).
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
2- Stock is trading at 0.48 times its book value
- Promoter holding has increased by 1.47% over last quarter.
Weaknesses
6- 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.
- Company has a low return on equity of -17.9% over last 3 years.
- Contingent liabilities of Rs.185 Cr.
- Promoters have pledged 78.7% of their holding.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 10 | 7 | 2 |
| Oscillators | Bullish | 0 | 7 | 2 |
| Moving Averages | Strong Bearish | 10 | 0 | 0 |
Oscillators
Bullish
Bearish
0
Neutral
7
Bullish
2
Overall
Strong Bearish
Bearish
10
Neutral
7
Bullish
2
Moving Averages
Strong Bearish
Bearish
10
Neutral
0
Bullish
0
Key readings
- RSI (14)
- 45.95
- Neutral
- MACD (12,26,9)
- −0.10
- Bullish
- SMA (50)
- 8.73
- Bearish
- SMA (200)
- 9.06
- Bearish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +1.00% |
|---|---|
| 5Y | +7.39% |
| 3Y | +2.17% |
| 1Y | −2.44% |
| TTM | −2.12% |
Net profit
| 10Y | −22.95% |
|---|---|
| 5Y | Turned to profit |
| 3Y | Turned to profit |
| 1Y | −88.17% |
| TTM | Turned to profit |
Operating cash flow
| 10Y | Turned positive |
|---|---|
| 5Y | Turned positive |
| 3Y | −20.28% |
| 1Y | Tiny base |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | −66.31 pp |
|---|---|
| 5Y | +8.52 pp |
| 3Y | −9.26 pp |
| 1Y | +4.01 pp |
| TTM | +4.29 pp |
Revenue by year
| Mar 2017 | ₹87.01 Cr |
|---|---|
| Mar 2018 | ₹84.25 Cr |
| Mar 2019 | ₹131 Cr |
| Mar 2020 | ₹127 Cr |
| Mar 2021 | ₹69.00 Cr |
| Mar 2022 | ₹85.26 Cr |
| Mar 2023 | ₹92.40 Cr |
| Mar 2024 | ₹93.03 Cr |
| Mar 2025 | ₹101 Cr |
| Mar 2026 | ₹98.54 Cr |
Net profit by year
| Mar 2017 | −₹26.90 Cr |
|---|---|
| Mar 2018 | −₹14.58 Cr |
| Mar 2019 | ₹10.04 Cr |
| Mar 2020 | ₹29.93 Cr |
| Mar 2021 | −₹30.79 Cr |
| Mar 2022 | −₹28.04 Cr |
| Mar 2023 | −₹9.35 Cr |
| Mar 2024 | −₹8.20 Cr |
| Mar 2025 | ₹64.60 Cr |
| Mar 2026 | ₹7.64 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 22.4 | 24.13 | 23.42 | 23.09 | 24.57 | 26.16 | 26.07 | 24.2 | 24.44 | 24.34 | 24.32 | 25.43 | 24.64 |
| Expenses | 13.52 | 32.77 | 12.22 | 17.24 | 12.12 | 13.6 | 14.99 | 20.94 | 12.39 | 15.28 | 12.59 | 14.1 | 14.4 |
| Operating Profit | 8.88 | −8.64 | 11.2 | 5.85 | 12.45 | 12.56 | 11.08 | 3.26 | 12.05 | 9.06 | 11.73 | 11.33 | 10.24 |
| OPM % | 39.64% | −35.81% | 47.82% | 25.34% | 50.67% | 48.01% | 42.5% | 13.47% | 49.3% | 37.22% | 48.23% | 44.55% | 41.56% |
| Other Income | 10.92 | 1.65 | 1.13 | 2.22 | 77.84 | 1.2 | 2.79 | −17.23 | 2.3 | 5.83 | 2.68 | 2.46 | 3.12 |
| Interest | 4.22 | 4.09 | 3.9 | 3.65 | 3.4 | 3.23 | 3.07 | 2.64 | 4.81 | 4.65 | 4.37 | 4.1 | 3.89 |
| Depreciation | 3.43 | 3.43 | 3.43 | 3.45 | 3.46 | 3.47 | 3.45 | 3.45 | 8.14 | 8.15 | 8.15 | 8.15 | 8.02 |
| PBT | 12.15 | −14.51 | 5 | 0.97 | 83.42 | 7.06 | 7.35 | −20.06 | 1.4 | 2.09 | 1.89 | 1.54 | 1.45 |
| Tax % | 26.34% | 7.86% | 20.19% | 690.72% | 1.41% | 16.96% | 17.41% | 48.4% | −5.71% | −15.31% | 4.76% | −27.27% | −24.83% |
| Net Profit | 8.95 | −15.65 | 4.22 | −5.73 | 82.23 | 6.08 | 6.07 | −29.78 | 1.47 | 2.41 | 1.81 | 1.95 | 1.8 |
| EPS (₹) | 1.61 | −2.65 | 0.82 | −0.85 | 14.34 | 1.15 | 1.06 | −4.87 | 0.26 | 0.44 | 0.32 | 0.29 | 0.32 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 157 | 89.17 | 87.01 | 84.25 | 131 | 127 | 69 | 85.26 | 92.4 | 93.03 | 101 | 98.54 | 98.73 |
| Expenses | 126 | −9.92 | 72.35 | 79.22 | 89.68 | 72.76 | 43.96 | 41.76 | 42.44 | 55.22 | 59.79 | 54.38 | 56.37 |
| Operating Profit | 30.75 | 99.09 | 14.66 | 5.03 | 41.59 | 54.01 | 25.04 | 43.5 | 49.96 | 37.81 | 41.21 | 44.16 | 42.36 |
| OPM % | 19.6% | 111.12% | 16.85% | 5.97% | 31.68% | 42.6% | 36.29% | 51.02% | 54.07% | 40.64% | 40.8% | 44.81% | 42.9% |
| Other Income | 9.07 | 26.1 | 30.19 | 35.23 | 18.31 | 68.06 | −2.72 | −19.14 | −10.4 | −4.3 | 62.99 | 13.27 | 14.09 |
| Interest | 74.9 | 55.63 | 43.61 | 24.57 | 20.37 | 30.35 | 22.34 | 21.19 | 20.36 | 15.86 | 12.34 | 17.93 | 17.01 |
| Depreciation | 41.7 | 32.37 | 27.35 | 26.08 | 26.32 | 52.48 | 38.63 | 18.61 | 17.76 | 13.74 | 13.84 | 32.59 | 32.47 |
| PBT | −76.78 | 37.19 | −26.11 | −10.39 | 13.21 | 39.24 | −38.65 | −15.44 | 1.44 | 3.91 | 78.02 | 6.91 | 6.97 |
| Tax % | 1.48% | −178.46% | 3.03% | 40.42% | 24% | 23.73% | −20.36% | 81.61% | 748.61% | 309.97% | 17.2% | −10.42% | — |
| Net Profit | −78 | 104 | −26.9 | −14.58 | 10.04 | 29.93 | −30.79 | −28.04 | −9.35 | −8.2 | 64.6 | 7.64 | 7.99 |
| EPS (₹) | −13.98 | 18.44 | −4.79 | −2.6 | 1.76 | 5.16 | −5.37 | −4.91 | −1.57 | −1.08 | 10.89 | 1.31 | 1.37 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | 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 | 102 | 144 | 137 | 123 | 123 | 113 | 53.11 | −15.72 | −24.72 | −35.22 | 39.56 | 47.23 |
| Borrowings | 730 | 385 | 343 | 238 | 154 | 222 | 195 | 277 | 250 | 131 | 179 | 146 |
| Other Liabilities | 461 | 300 | 353 | 308 | 307 | 375 | 339 | 250 | 243 | 175 | 69.15 | 63.82 |
| Total Liabilities | 1,349 | 884 | 890 | 725 | 640 | 767 | 645 | 569 | 525 | 328 | 348 | 320 |
| Fixed Assets | 657 | 227 | 266 | 268 | 221 | 344 | 278 | 256 | 242 | 148 | 182 | 150 |
| 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 | 247 | 95.79 | 68.18 | 64.5 | 46.57 | 18.08 | 49.35 | 85.71 | 29.29 | 32.13 | 28.49 |
| Other Assets | 542 | 398 | 525 | 379 | 348 | 364 | 343 | 257 | 190 | 142 | 127 | 134 |
| Total Assets | 1,349 | 884 | 890 | 725 | 640 | 767 | 645 | 569 | 525 | 328 | 348 | 320 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 357 | −4.76 | −6.27 | 101 | 24.95 | −81.37 | −29.73 | −35.24 | 81.55 | −18.26 | 3.06 | 41.32 |
| Investing | −281 | 47.2 | 79.96 | 44.12 | 56.09 | 108 | 66.93 | 1.28 | −28.87 | 6.28 | −3.51 | −23.06 |
| Financing | −83.91 | −43.17 | −69.01 | −116 | −86.87 | −38.16 | −36.61 | 37.76 | −37.5 | −9.59 | −7.47 | −19.4 |
| Net Cash Flow | −8.58 | −0.73 | 4.68 | 29.45 | −5.83 | −11.51 | 0.59 | 3.8 | 15.18 | −21.58 | −7.93 | −1.14 |
| Free Cash Flow | 308 | −71.2 | 15.42 | 120 | 14.64 | −14.86 | −7.72 | −32.66 | 76.24 | −20.65 | 24.6 | 10.95 |
| CFO/OP | 1,162 | −7 | −106 | 2,025 | 68 | −145 | −134 | −77 | 151 | −52 | 9 | 100 |
Ratios
| Particulars | 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 | 218 | 114 | 61.25 | 72.09 | 31.36 | 107 | 140 | 74.66 | 69.8 | 37.78 | 28.59 | 30.56 |
| Cash Conversion Cycle | 218 | 114 | 61.25 | 72.09 | 31.36 | 107 | 140 | 74.66 | 69.8 | 37.78 | 28.59 | 30.56 |
| Working Capital Days | −385 | −990 | −885 | −772 | −593 | −444 | −791 | −537 | −730 | −570 | −96.38 | −42.63 |
| ROCE % | −0.13% | 3.13% | 3.24% | −0.12% | 8.14% | 2.9% | −1.98% | 9.3% | 13.93% | 17.9% | 15.83% | 7.88% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Future Market Networks insights
58 extracted metrics across FY11–FY27.
Documents
- 11 Aug 2020
- 4 Jun 2020
- 18 Jun 2019
- 17 Jul 2018
- 3 Apr 2018
- General announcements 15 Oct 2026
Frequently Asked Questions about Future Market Networks
What does Future Market Networks Ltd do?
Incorporated in 2008, Future Market Networks Ltd is in the business of leasing out of commercial units / shops.
Where is Future Market Networks Ltd (FMNL) listed?
Future Market Networks Ltd trades as FMNL on the NSE and under code 533296 on the BSE.
Which sector does Future Market Networks Ltd belong to?
Future Market Networks Ltd is classified under the Commercial Services sector, in the Diversified Services industry.
What is the PE ratio of Future Market Networks Ltd?
Future Market Networks Ltd trades at a PE ratio of 5.85 as of 4 Nov 2026, on earnings per share of ₹1.37, against a book value of ₹16.57 per share.
What is the 52-week high and low of Future Market Networks Ltd?
Over the last 52 weeks Future Market Networks Ltd has traded between ₹6.74 and ₹12.95 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Future Market Networks Ltd?
Future Market Networks Ltd reported a return on equity of 3.95%. Its debt-to-equity ratio is 1.31.
Company Information
Incorporated in 2008, Future Market Networks Ltd is in the business of leasing out of commercial units / shops.
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