Future Market Networks (FMNL)₹8.21−5.41%Diversified Commercial Services
In the Jun 2026 quarter (consolidated), Future Market Networks reported sales of ₹24.67 Cr, up 0.7% from Jun 2025, and net profit of ₹1.82 Cr, up 23.0% year on year. For the year to Mar 2026, sales were ₹98.63 Cr and net profit ₹7.65 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| 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 | 24.16 | 23.46 | 23.14 | 24.60 | 26.18 | 26.10 | 24.24 | 24.49 | 24.37 | 24.36 | 25.45 | 24.67 |
| Expenses | 32.85 | 12.26 | 17.30 | 12.15 | 13.64 | 15.03 | 20.99 | 12.43 | 15.32 | 12.62 | 14.13 | 14.44 |
| Operating Profit | −8.65 | 11.21 | 5.86 | 12.46 | 12.58 | 11.09 | 3.27 | 12.07 | 9.07 | 11.74 | 11.34 | 10.25 |
| OPM % | −35.9% | 47.7% | 25.3% | 50.6% | 47.9% | 42.4% | 13.4% | 49.2% | 37.1% | 48.1% | 44.5% | 41.5% |
| Other Income | 1.66 | 1.44 | 2.23 | 77.93 | 1.46 | 2.80 | −17.25 | 2.31 | 5.84 | 2.69 | 2.47 | 3.13 |
| Interest | 4.07 | 3.89 | 3.63 | 3.39 | 3.22 | 3.06 | 2.63 | 4.79 | 4.63 | 4.36 | 4.08 | 3.88 |
| Depreciation | 3.42 | 3.42 | 3.44 | 3.45 | 3.46 | 3.44 | 3.44 | 8.13 | 8.13 | 8.13 | 8.14 | 8.00 |
| Profit before tax | −14.53 | 5.31 | 0.98 | 83.47 | 7.32 | 7.36 | −20.08 | 1.41 | 2.10 | 1.90 | 1.55 | 1.46 |
| Tax % | 7.9% | 20.2% | 690.8% | 1.4% | 17.0% | 17.4% | 48.4% | −5.7% | −15.3% | 4.8% | −27.2% | −24.8% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 74.83 | 0.00 | 0.00 | −9.78 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | −15.66 | 4.21 | −5.73 | 82.26 | 6.09 | 6.06 | −29.79 | 1.48 | 2.42 | 1.82 | 1.97 | 1.82 |
| EPS (Rs) | −2.64 | 0.81 | −0.84 | 14.30 | 1.14 | 1.05 | −4.86 | 0.25 | 0.43 | 0.31 | 0.28 | 0.31 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 89.27 | 87.12 | 84.42 | 131 | 127 | 69.10 | 85.38 | 92.46 | 93.23 | 101 | 98.63 | 98.85 |
| Expenses | −9.95 | 72.59 | 79.41 | 89.92 | 72.91 | 44.05 | 41.85 | 42.57 | 55.40 | 59.94 | 54.51 | 56.51 |
| Operating Profit | 99.16 | 14.68 | 5.04 | 41.60 | 54.07 | 25.05 | 43.53 | 50.01 | 37.82 | 41.24 | 44.20 | 42.40 |
| OPM % | 111.0% | 16.8% | 5.9% | 31.6% | 42.5% | 36.2% | 51.0% | 54.0% | 40.6% | 40.7% | 44.7% | 42.9% |
| Other Income | 26.14 | 30.25 | 35.26 | 18.33 | 68.12 | −2.73 | −19.16 | −10.41 | −4.31 | 63.07 | 13.28 | 14.13 |
| Interest | 55.39 | 43.43 | 24.47 | 20.30 | 30.22 | 22.26 | 21.13 | 20.28 | 15.79 | 12.30 | 17.86 | 16.95 |
| Depreciation | 32.30 | 27.30 | 26.05 | 26.30 | 52.39 | 38.60 | 18.58 | 17.74 | 13.71 | 13.83 | 32.53 | 32.40 |
| Profit before tax | 37.20 | −26.15 | −10.40 | 13.22 | 39.25 | −38.69 | −15.46 | 1.45 | 3.92 | 78.11 | 6.92 | 7.01 |
| Tax % | −178.4% | 3.1% | 40.5% | 24.0% | 23.8% | −20.3% | 81.6% | 748.7% | 310.0% | 17.2% | −10.4% | — |
| Exceptional items | 68.79 | −0.99 | 10.97 | 1.99 | 49.85 | −8.98 | −35.93 | 144 | 43.89 | 46.91 | 0.00 | 0.00 |
| Net Profit | 104 | −26.93 | −14.60 | 10.03 | 29.94 | −30.81 | −28.05 | −9.34 | −8.21 | 64.62 | 7.65 | 8.03 |
| EPS (Rs) | 18.41 | −4.78 | −2.59 | 1.75 | 5.15 | −5.36 | −4.90 | −1.56 | −1.07 | 10.86 | 1.30 | 1.33 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| 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 | 55.93 | 56.31 | 56.43 | 56.37 | 56.36 | 57.63 | 57.67 | 57.62 | 57.62 | 57.62 | 60.66 | 63.62 |
| Reserves | 102 | 144 | 138 | 123 | 123 | 113 | 53.17 | −15.76 | −24.76 | −35.26 | 39.56 | 47.24 |
| Borrowings | 727 | 383 | 342 | 237 | 153 | 221 | 194 | 275 | 249 | 130 | 178 | 145 |
| Other Liabilities | 461 | 300 | 352 | 307 | 306 | 373 | 338 | 250 | 242 | 174 | 68.82 | 65.39 |
| Total Liabilities | 1,346 | 883 | 888 | 723 | 639 | 765 | 643 | 567 | 524 | 327 | 347 | 321 |
| Fixed Assets | 655 | 226 | 265 | 267 | 221 | 343 | 277 | 255 | 241 | 148 | 182 | 149 |
| CWIP | 18.70 | 12.50 | 3.49 | 9.98 | 6.35 | 11.95 | 5.59 | 6.28 | 7.38 | 8.52 | 7.27 | 8.04 |
| Investments | 131 | 247 | 95.68 | 68.13 | 64.43 | 46.53 | 18.07 | 49.30 | 85.66 | 29.26 | 32.11 | 28.43 |
| Other Assets | 541 | 397 | 524 | 378 | 348 | 364 | 342 | 256 | 190 | 142 | 126 | 136 |
| Inventories | 46.07 | 11.02 | 9.02 | 9.01 | 9.02 | 9.01 | 9.01 | 9.01 | 5.01 | 4.01 | 3.01 | 3.01 |
| Trade receivables | 93.69 | 27.91 | 14.97 | 16.95 | 10.98 | 36.90 | 25.94 | 16.95 | 17.97 | 9.97 | 7.98 | 7.98 |
| Cash & equivalents | 2.99 | 0.99 | 6.97 | 10.96 | 7.97 | 8.96 | 15.95 | 15.94 | 18.92 | 8.96 | 8.96 | 4.98 |
| Total Assets | 1,346 | 883 | 888 | 723 | 639 | 765 | 643 | 567 | 524 | 327 | 347 | 321 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 357 | −4.77 | −6.28 | 102 | 24.99 | −81.46 | −29.77 | −35.27 | 81.70 | −18.27 | 3.07 | 41.35 |
| Cash from investing activity | −282 | 47.40 | 80.29 | 44.27 | 56.34 | 109 | 67.21 | 1.29 | −29.00 | 6.30 | −3.53 | −23.16 |
| Cash from financing activity | −83.99 | −43.21 | −69.09 | −116 | −86.95 | −38.23 | −36.68 | 37.84 | −37.54 | −9.61 | −7.48 | −19.43 |
| Net cash flow | −8.57 | −0.72 | 4.67 | 29.38 | −5.82 | −11.49 | 0.58 | 3.79 | 15.15 | −21.54 | −7.92 | −1.13 |
| Capex | 50.49 | 66.58 | 1.13 | 8.88 | 10.30 | 6.87 | 5.37 | 0.74 | 5.38 | 2.38 | 0.00 | 30.34 |
| Free cash flow | 309 | −71.28 | 15.44 | 121 | 14.67 | −14.89 | −7.74 | −32.69 | 76.29 | −20.68 | 24.64 | 10.96 |
| CFO / OP % | 1,162.0% | −7.0% | −106.0% | 2,025.0% | 68.0% | −145.0% | −134.0% | −77.0% | 151.0% | −52.0% | 9.0% | 100.0% |
| 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 | 217 | 113 | 60 | 71 | 30 | 106 | 139 | 74 | 69 | 37 | 28 | 30 |
| Cash conversion cycle | 219 | 115 | 62 | 73 | 32 | 108 | 141 | 76 | 71 | 39 | 30 | 32 |
| Working capital days | −384 | −989 | −884 | −771 | −592 | −443 | −790 | −536 | −729 | −569 | −95 | −37 |
| ROCE % | −0.1% | 3.1% | 3.2% | −0.1% | 8.2% | 2.9% | −2.0% | 9.3% | 13.9% | 17.9% | 15.8% | 9.3% |
For the Jun 2026 quarter, Future Market Networks reported sales of ₹24.67 Cr, up 0.7% year on year and net profit of ₹1.82 Cr, up 23.0% year on year. The operating margin was 41.5%.
Future Market Networks' sales for the year to Mar 2026 were ₹98.63 Cr; over the last twelve months they were ₹98.85 Cr.
Net profit for the year to Mar 2026 was ₹7.65 Cr, and ₹8.03 Cr over the last twelve months. Earnings per share over the same trailing period were ₹1.33.
Future Market Networks reported borrowings of ₹145 Cr at Mar 2026, against cash and equivalents of ₹4.98 Cr.
Cash from operations was ₹41.35 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹10.96 Cr.