Why is Future Market Networks Ltd ?
1
High Debt company with Weak Long Term Fundamental Strength
- Poor long term growth as Net Sales has grown by an annual rate of 7.39% over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) of 3.70 times
- The company has been able to generate a Return on Capital Employed (avg) of 6.84% signifying low profitability per unit of total capital (equity and debt)
2
84.32% of Promoter Shares are Pledged
- In falling markets, high promoter pledged shares puts additional downward pressure on the stock prices
3
Underperformed the market in the last 1 year
- Even though the market (BSE500) generated negative returns of -5.03% in the last 1 year, its fall in the stock was much higher with a return of -32.27%
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Diversified Commercial Services)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Future Market for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Future Market
-32.27%
-0.59
54.92%
Sensex
-10.21%
-0.78
13.06%
Quality key factors
Factor
Value
Sales Growth (5y)
7.39%
EBIT Growth (5y)
20.13%
EBIT to Interest (avg)
0.93
Debt to EBITDA (avg)
6.76
Net Debt to Equity (avg)
1.26
Sales to Capital Employed (avg)
0.38
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
84.32%
Institutional Holding
0.00%
ROCE (avg)
6.09%
ROE (avg)
10.77%
Valuation Key Factors 
Factor
Value
P/E Ratio
8
Industry P/E
32
Price to Book Value
0.57
EV to EBIT
17.51
EV to EBITDA
4.58
EV to Capital Employed
0.81
EV to Sales
2.05
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
4.62%
ROE (Latest)
7.15%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bullish
No Trend
Technical Movement
14What is working for the Company
OPERATING PROFIT TO INTEREST(Q)
Highest at 2.76 times
PAT(9M)
Higher at Rs 6.38 Cr
NET SALES(Q)
Highest at Rs 25.43 cr
-4What is not working for the Company
INTEREST(9M)
At Rs 13.12 cr has Grown at 24.71%
CASH AND CASH EQUIVALENTS(HY)
Lowest at Rs 5.03 cr
NON-OPERATING INCOME(Q)
is 134.42 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for Future Market
Profit After Tax (PAT) - Latest six months
At Rs 3.69 cr has Grown at 190.66%
Year on Year (YoY)MOJO Watch
PAT trend is very positive
PAT (Rs Cr)
Operating Profit to Interest - Quarterly
Highest at 2.76 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Profit After Tax (PAT) - Latest six months
Higher at Rs 3.69 cr
than preceding 12 month period ended Mar 2026 of Rs 0.17 crMOJO Watch
In the half year the company has already crossed PAT of the previous twelve months
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 25.43 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Here's what is not working for Future Market
Interest - Nine Monthly
At Rs 13.12 cr has Grown at 24.71%
over preceding nine months periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Non Operating Income - Quarterly
is 134.42 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Cash and Cash Equivalents - Half Yearly
Lowest at Rs 5.03 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents






