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Last Updated on: 21 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Future Market Networks Ltd

About the Company - Future Retail Ltd

Future Retail Ltd. is a Public Limited Listed company incorporated on 07/02/2007 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L51909MH2007PLC268269 and registration number is 268269. Currently Company is involved in the business activities of Retail trade, except of motor vehicles and motorcycles. Company’s Total Operating Revenue is Rs. 6261.04 Cr. and Equity Capital is Rs. 108.46 Cr. for the Year ended 31/03/2021.
INDUSTRYADDRESSCONTACT
Retail - Departmental StoresKnowledge House, Shyam Nagar, Mumbai Maharashtra 400060investorrelations@futureretail.in
https://www.futureretail.in
Management
NamePosition Held
Mr. Kishore BiyaniExecutive Chairman
Mr. Rakesh BiyaniManaging Director
Mr. Rahul GargNon Executive Director
Mr. Ravindra DhariwalIndependent Director
Ms. Gagan SinghIndependent Director
Mr. Jacob MathewIndependent Director

Basic Stock Data of Future Retail Ltd

Last Updated: June 15, 2024, 10:13 pm

Market Cap 179 Cr.
Current Price 3.30
High / Low3.95/1.90
Stock P/E
Book Value 20.6
Dividend Yield0.00 %
ROCE13.7 %
ROE134 %
Face Value 2.00
PEG Ratio0.00

Future Retail Ltd Quarterly Results

MonthDec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021
Sales5,3015,3975,1495,3945,1304,4451,3551,4171,4862,0021,4062,3472,786
Expenses5,0235,1064,5174,7194,4334,4651,4981,4321,6042,2931,8012,7053,131
Operating Profit278291633675696-20-143-15-117-291-395-359-345
OPM %5%5%12%13%14%-0%-11%-1%-8%-15%-28%-15%-12%
Other Income56921153992472710125
Interest5661239263269222271355397420350360340
Depreciation2532240261271269231363354380404403399
Profit before tax201203162171171-471-553-686-841-1,080-1,147-1,120-1,078
Tax %0%0%0%0%0%0%0%0%0%-2%0%0%0%
Net Profit201203162171171-471-553-686-841-1,100-1,147-1,120-1,078
EPS in Rs4.014.043.233.413.40-8.92-10.20-12.64-15.51-20.29-21.16-20.65-19.88

Last Updated: June 6, 2024, 7:32 am

Future Retail Ltd Quarterly Chart

Future Retail Ltd Profit & Loss

MonthDec 2012Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021TTM
Sales1,5782,3431,7796,84517,07518,47820,16520,1186,2618,541
Expenses2,0652,9312,1486,76216,49417,64419,11918,0416,8149,931
Operating Profit-487-588-368835818341,0452,077-553-1,390
OPM %-31%-25%-21%1%3%5%5%10%-9%-16%
Other Income4405541824-59412-916419
Interest187120502041752249931,4421,469
Depreciation3761443733531011,0411,3281,585
Profit before tax-538-315-379153681173334-3,160-4,425
Tax %0%0%0%0%0%0%0%0%-1%
Net Profit-538-315-379153681173334-3,180-4,445
EPS in Rs-10.10-2.25-2.710.097.810.2314.580.64-58.64-81.98
Dividend Payout %0%0%0%0%0%0%0%0%0%

Future Retail Ltd Profit & Loss Yearly Chart

Future Retail Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:-2%
3 Years:-30%
TTM:-2%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-74%
Stock Price CAGR
10 Years:%
5 Years:-63%
3 Years:-63%
1 Year:32%
Return on Equity
10 Years:%
5 Years:-9%
3 Years:-24%
Last Year:-134%

Last Updated: June 15, 2024, 4:43 pm

Future Retail Ltd Balance Sheet

MonthDec 2012Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Sep 2021
Equity Capital5331,3991,399994100101105108108
Reserves-1,522-1,441-1,6871,8652,4592,9963,7513,4271,091-1,226
Borrowings6271833901,1221,0791,2862,6578,88911,19613,811
Other Liabilities8583773562,5893,3053,8124,0198,8576,4914,915
Total Liabilities4965174585,5856,9388,19410,52821,27918,88517,608
Fixed Assets1841431352615541,0191,4413,3726,8426,033
CWIP394743012341904,0967477
Investments000000104114114114
Other Assets2733272805,3256,3727,1428,79313,69711,85511,383
Total Assets4965174585,5856,9388,19410,52821,27918,88517,608

Future Retail Ltd Reserves and Borrowings Chart

Future Retail Ltd Cash Flow

MonthDec 2012Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Cash from Operating Activity -136-704-284262197632-302-1,837-155
Cash from Investing Activity -81-61-50-170-70-455-774-4,420-66
Cash from Financing Activity 236750320-11-88-1301,1066,139166
Net Cash Flow19-15-1481394730-118-55

Future Retail Ltd Financial Efficiency Indicators

MonthDec 2012Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Debtor Days00065561224
Inventory Days373750238106117125128292
Days Payable1612639159799189134300
Cash Conversion Cycle-123111285323142615
Working Capital Days-1245112559567192236
ROCE %-283%4%17%20%18%12%-14%

Future Retail Ltd Financial Efficiency Indicators Chart

Future Retail Ltd Share Holding Pattern

MonthJun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022
Promoters47.02%47.02%47.02%40.31%41.73%33.86%28.00%20.56%19.86%19.86%18.24%14.31%
FIIs13.66%12.90%12.60%12.00%10.98%4.39%2.91%2.60%2.91%2.97%2.85%2.60%
DIIs15.58%15.20%14.15%12.91%11.09%6.46%6.06%6.08%6.07%6.07%7.21%6.61%
Public23.74%24.88%26.24%34.78%36.20%55.29%63.03%70.76%71.16%71.10%71.70%76.48%
No. of Shareholders53,71753,11553,90659,5161,21,7604,05,6204,08,4454,04,9134,12,7744,02,3284,02,0054,12,430

Future Retail Ltd Shareholding Pattern Chart

No. of Future Retail Ltd Shareholders

This stock is not held by any mutual fund

Future Retail Ltd ROCE Trend

Future Retail Ltd EPS Trend

Future Retail Ltd Key Financial Ratios

MonthMar 21Mar 20Mar 19
FaceValue2.002.002.00
Basic EPS (Rs.)-59.030.2314.47
Diluted EPS (Rs.)-59.030.2214.47
Cash EPS (Rs.)-33.3221.1216.54
Book Value[Excl.RevalReserv]/Share (Rs.)20.1779.3276.53
Book Value[Incl.RevalReserv]/Share (Rs.)20.1779.3276.53
Revenue From Operations / Share (Rs.)116.24385.51404.55
PBDIT / Share (Rs.)-5.8040.6221.08
PBIT / Share (Rs.)-31.3019.7919.01
PBT / Share (Rs.)-58.430.3314.47
Net Profit / Share (Rs.)-58.810.2814.47
NP After MI And SOA / Share (Rs.)-58.810.2114.47
PBDIT Margin (%)-4.9910.535.21
PBIT Margin (%)-26.925.134.69
PBT Margin (%)-50.260.083.57
Net Profit Margin (%)-50.590.073.57
NP After MI And SOA Margin (%)-50.590.053.57
Return on Networth / Equity (%)-291.610.2718.90
Return on Capital Employeed (%)-25.839.8821.57
Return On Assets (%)-16.760.056.86
Long Term Debt / Equity (X)4.011.040.09
Total Debt / Equity (X)9.902.090.66
Asset Turnover Ratio (%)0.301.260.00
Current Ratio (X)0.801.071.33
Quick Ratio (X)0.480.580.50
Interest Coverage Ratio (X)-0.212.094.64
Interest Coverage Ratio (Post Tax) (X)-1.171.014.19
Enterprise Value (Cr.)13071.8212759.7425096.38
EV / Net Operating Revenue (X)2.070.621.23
EV / EBITDA (X)-41.545.9623.69
MarketCap / Net Operating Revenue (X)0.360.201.12
Price / BV (X)2.120.995.93
Price / Net Operating Revenue (X)0.360.201.12
EarningsYield-1.380.000.03

Future Retail Ltd Profitability Ratios (%)

Future Retail Ltd Liquidity Ratios

Future Retail Ltd Liquidity Ratios (%)

Future Retail Ltd Interest Coverage Ratios (%)

Future Retail Ltd Valuation Ratios

Fair Value

Fair Value: 422.34

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 12,698.22% compared to the current price 3.3

Default values used*: Deafault value of 15 for Stock P/E is used

Intrinsic Value: 174.43

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 5,185.84% compared to the current price ₹3.3

Default values used*: Deafault value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -58.70%

*Investments are subject to market risks

Strength and Weakness of Future Retail Ltd Stock

StrengthWeakness
    1. The stock has a low average ROCE of -25.11%, which may not be favorable.
    2. The stock has a high average Working Capital Days of 57.89, which may not be favorable.
    3. The stock has a high average Cash Conversion Cycle of 12.33, which may not be favorable.
    4. The company has higher borrowings (4,124.00) compared to reserves (971.30), which may suggest financial risk.
    5. The company has not shown consistent growth in sales (9.90) and profit (-7.80).

    FAQ

    What is the latest fair value of Future Market Networks Ltd?

    The latest fair value of Future Market Networks Ltd is ₹422.34.

    What is the Market Cap of Future Market Networks Ltd?

    The Market Cap of Future Market Networks Ltd is 179 Cr..

    What is the current Stock Price of Future Market Networks Ltd as on 21 June 2024?

    The current stock price of Future Market Networks Ltd as on 21 June 2024 is ₹3.30.

    What is the High / Low of Future Market Networks Ltd stocks in FY 2024?

    In FY 2024, the High / Low of Future Market Networks Ltd stocks is 3.95/1.90.

    What is the Stock P/E of Future Market Networks Ltd?

    The Stock P/E of Future Market Networks Ltd is .

    What is the Book Value of Future Market Networks Ltd?

    The Book Value of Future Market Networks Ltd is 20.6.

    What is the Dividend Yield of Future Market Networks Ltd?

    The Dividend Yield of Future Market Networks Ltd is 0.00 %.

    What is the ROCE of Future Market Networks Ltd?

    The ROCE of Future Market Networks Ltd is 13.7 %.

    What is the ROE of Future Market Networks Ltd?

    The ROE of Future Market Networks Ltd is 134 %.

    What is the Face Value of Future Market Networks Ltd?

    The Face Value of Future Market Networks Ltd is 2.00.

    About the Author

    Author Avatar
    Getaka

    Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

    Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Future Market Networks Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE