About Future Market Networks Limited
Data last updated: 23 December 2025
Future Market Networks Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Future Corporate Resources Private Limited. It specialises in mall and retail management, a part of the broader business services sector. Incorporated on 10 March 2008, the company has been in operation for over 18 years.
Registered with ROC Mumbai under CIN L45400MH2008PLC179914. Listed on BSE: 533296 and NSE: FMNL.
Capital: an authorised share capital of ₹90.35 Cr and a paid-up capital of ₹60.64 Cr. Formerly known as Agre Developers Limited and Future Mall Management Limited. It is led by directors including Anil Poruthala Cherian and Dimple Amit Somani.
Last AGM: 25 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹98.26 Cr, a growth of 10% compared to the previous year.
The company has a workforce of approximately 64 employees as per the latest available data. It operates as a subsidiary of Future Corporate Resources Private Limited. Its group structure includes 5 subsidiaries and 1 joint venture.
The company is associated with 1 brand - Future Market Network. As per MCA filings, the company has open charges of ₹705.36 Cr and satisfied charges of ₹1,904.4 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fmn.co.in.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered AddressKnowledge House Off. Shyam Nagar Jogesheari Vikhroli Link Road Jogeshwar, I (East), Mumbai, Maharashtra, India – 400060
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IndustryBusiness Services, Mall & Retail Management
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Future Market Networks Limited
Future Market Networks Limited has undergone 2 name changes throughout its history. The company was previously known as Agre Developers Limited, and Future Mall Management Limited. The current legal name is Future Market Networks Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Future Market Networks Limited | Current |
| Agre Developers Limited | Previous |
| Future Mall Management Limited | Previous |
CIN History of Future Market Networks Limited
Future Market Networks Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L45400MH2008PLC179914, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45400MH2008PLC179914 | Current |
| U45400MH2008PLC179914 | Previous |
| U51909MH2008PLC179914 | Previous |
Associated Brands with Future Market Networks Limited
Future Market Networks Limited operates one associated brand: Future Market Network. These brands represent Future Market Networks Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Marketing services for retailers are provided from Mumbai, India. | fmn.co.in |
Business Activity of Future Market Networks Limited
Future Market Networks Limited is engaged in the principal business activity of real estate, with detailed activities including real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | ********* |
Auditor Details of Future Market Networks Limited
Future Market Networks Limited is audited by M/s Bakliwal & Co. (ICAI peer reviewed, certificate valid till 2026-08-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/s Bakliwal & Co. (ICAI peer reviewed, certificate valid till 2026-08-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Future Market Networks Limited
Future Market Networks Limited is currently managed by 12 directors, with 24 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Anil Poruthala Cherian
Also directs:
Future Market Networks Limited, Apollo Design Apparel Parks Limited, Maxlex Advisors Llp and 5 more
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Company Secretary | 01 Sep 2010 | 15 Years 10 Months | Current |
|
Dimple Amit Somani
Also directs:
Future Market Networks Limited, Galaxy Cloud Kitchens Limited
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Director | 11 Aug 2023 | 2 Years 10 Months | Current |
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Pramod Arora
Also directs:
Future Market Networks Limited
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Director | 14 Aug 2017 | 8 Years 10 Months | Current |
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Anil L Biyani
Also directs:
Future Market Networks Limited, Future Hospitality Private Limited, Future Money Financial Services Limited and 4 more
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Whole-Time Director | 10 Nov 2022 | 3 Years 7 Months | Current |
|
Sunil Gopikishan Biyani
Also directs:
Future Market Networks Limited, Bansi Mall Management Company Private Limited, Biyani Capital Resources Llp and 5 more
|
Director | 30 May 2013 | 13 Years 1 Months | Current |
| Akhilesh Kalra | Cfo | 10 Feb 2025 | 1 Years 4 Months | Current |
Financials of Future Market Networks Limited FY 2026 filings available
Future Market Networks Limited reported revenue of ₹98.54 Cr (down 2.44% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹98.54 Cr | ₹101 Cr | ₹93.03 Cr | ₹92.4 Cr | ₹85.26 Cr | ₹69 Cr | ₹126.77 Cr |
| Other Income | ₹12.15 Cr | ₹6.68 Cr | ₹14.94 Cr | ₹5.86 Cr | ₹4.38 Cr | ₹7.24 Cr | ₹67.29 Cr |
| Total Income | ₹110.69 Cr | ₹107.68 Cr | ₹107.98 Cr | ₹98.26 Cr | ₹89.64 Cr | ₹76.23 Cr | ₹194.06 Cr |
| Cost of Materials Consumed | ₹21.66 Cr | ₹20.91 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹1.47 Cr | ₹50.46 Lakh | ₹3.15 Cr | ₹1.08 Lakh | ₹1.18 Lakh | ₹1.21 Cr |
| Employee Benefit Expense | ₹10.4 Cr | ₹11.52 Cr | ₹11.78 Cr | ₹8.38 Cr | ₹6.92 Cr | ₹4.82 Cr | ₹6.38 Cr |
| Finance Costs | ₹17.93 Cr | ₹12.34 Cr | ₹15.86 Cr | ₹20.36 Cr | ₹21.19 Cr | ₹22.34 Cr | ₹30.35 Cr |
| Depreciation & Amortisation | ₹32.59 Cr | ₹13.84 Cr | ₹13.74 Cr | ₹17.76 Cr | ₹18.61 Cr | ₹38.63 Cr | ₹52.48 Cr |
| Other Expenses | ₹22.32 Cr | ₹27.76 Cr | ₹63.46 Cr | ₹30.94 Cr | ₹57.16 Cr | ₹48.56 Cr | ₹64.98 Cr |
| Total Expenses | ₹104.9 Cr | ₹87.84 Cr | ₹105.34 Cr | ₹80.6 Cr | ₹103.89 Cr | ₹114.36 Cr | ₹155.41 Cr |
| Profit Before Exceptional Items & Tax | ₹5.79 Cr | ₹19.84 Cr | ₹2.64 Cr | ₹17.66 Cr | -₹14.25 Cr | -₹38.13 Cr | ₹38.64 Cr |
| Exceptional Items | ₹0 | ₹57.06 Cr | ₹0 | -₹20.91 Cr | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹5.79 Cr | ₹76.9 Cr | ₹2.64 Cr | -₹3.25 Cr | -₹14.25 Cr | -₹38.13 Cr | ₹38.64 Cr |
| Total Tax Expense | -₹72.24 Lakh | ₹13.42 Cr | ₹12.12 Cr | ₹10.79 Cr | ₹12.6 Cr | -₹7.86 Cr | ₹9.31 Cr |
| Net Profit | ₹7.64 Cr | ₹64.6 Cr | -₹8.2 Cr | -₹9.35 Cr | -₹28.04 Cr | -₹30.79 Cr | ₹29.93 Cr |
| attributable to Owners | ₹7.92 Cr | ₹66.04 Cr | ₹0 | -₹9.01 Cr | -₹28.27 Cr | -₹30.91 Cr | ₹29.68 Cr |
| attributable to NCI | -₹28.11 Lakh | -₹1.44 Cr | ₹0 | -₹33.57 Lakh | ₹23.05 Lakh | ₹11.62 Lakh | ₹24.91 Lakh |
| Other Comprehensive Income | -₹40.18 Lakh | ₹12.83 Lakh | -₹83.27 Lakh | -₹19.99 Lakh | ₹37,000 | -₹18.15 Cr | -₹3.37 Cr |
| Total Comprehensive Income | ₹7.23 Cr | ₹64.72 Cr | -₹9.03 Cr | -₹9.55 Cr | -₹28.04 Cr | -₹48.94 Cr | ₹26.56 Cr |
| EBITDA (computed) | ₹56.31 Cr | ₹46.03 Cr | ₹32.24 Cr | ₹55.79 Cr | ₹25.55 Cr | ₹22.84 Cr | ₹121.48 Cr |
| Basic EPS | ₹1.30 | ₹11.44 | ₹-1.08 | ₹-1.57 | ₹-4.91 | ₹-5.37 | ₹5.24 |
| Diluted EPS | ₹1.18 | ₹11.16 | ₹-1.08 | ₹-1.57 | ₹-4.91 | ₹-5.37 | ₹5.24 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹322.13 Cr | ₹350.11 Cr | ₹328.57 Cr | ₹526.09 Cr |
| Non-current Assets | ₹233.52 Cr | ₹267.27 Cr | ₹257.43 Cr | ₹367.35 Cr |
| Current Assets | ₹88.6 Cr | ₹82.84 Cr | ₹71.14 Cr | ₹158.74 Cr |
| Property, Plant & Equipment | ₹65.74 Cr | ₹96.82 Cr | ₹24.6 Cr | ₹116.72 Cr |
| Inventories | ₹3.38 Cr | ₹3.38 Cr | ₹4.39 Cr | ₹4.8 Cr |
| Trade Receivables | ₹8.25 Cr | ₹7.91 Cr | ₹9.63 Cr | ₹17.67 Cr |
| Cash & Equivalents | ₹5.03 Cr | ₹4.52 Cr | ₹8.75 Cr | ₹11.83 Cr |
| Equity (Net Worth) | ₹111.77 Cr | ₹98.83 Cr | ₹22.4 Cr | ₹34.9 Cr |
| Equity Share Capital | ₹63.64 Cr | ₹68.88 Cr | ₹57.54 Cr | ₹57.54 Cr |
| Borrowings (Non-current) | ₹59.67 Cr | ₹69.08 Cr | ₹79.49 Cr | ₹82.1 Cr |
| Borrowings (Current) | ₹18.62 Cr | ₹16.99 Cr | ₹13.34 Cr | ₹4.46 Cr |
| Total Debt (computed) | ₹78.29 Cr | ₹86.07 Cr | ₹92.83 Cr | ₹86.56 Cr |
| Current Liabilities | ₹93.92 Cr | ₹97.95 Cr | ₹201.03 Cr | ₹265.94 Cr |
| Total Liabilities | ₹210.36 Cr | ₹251.28 Cr | ₹306.17 Cr | ₹491.19 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹41.32 Cr | -₹2.36 Cr | -₹18.26 Cr | ₹81.55 Cr | -₹37.06 Cr |
| Investing Cash Flow | -₹23.06 Cr | -₹3.51 Cr | ₹6.28 Cr | -₹28.87 Cr | ₹3.1 Cr |
| Financing Cash Flow | -₹19.4 Cr | -₹7.47 Cr | -₹9.59 Cr | -₹37.5 Cr | ₹37.76 Cr |
| Capital Expenditure | ₹30.37 Cr | ₹0 | ₹2.39 Cr | ₹5.39 Cr | ₹75.33 Lakh |
| Free Cash Flow (computed) | ₹10.95 Cr | -₹2.36 Cr | -₹20.65 Cr | ₹76.16 Cr | -₹37.81 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹1.14 Cr | -₹13.34 Cr | -₹21.58 Cr | ₹15.18 Cr | ₹3.8 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹25.43 Cr | ₹24.32 Cr | ₹24.34 Cr | ₹24.44 Cr | ₹24.2 Cr | ₹26.07 Cr | ₹26.16 Cr | ₹24.57 Cr | ₹23.09 Cr | ₹23.42 Cr | ₹24.13 Cr | ₹22.4 Cr |
| Other Income | ₹2.07 Cr | ₹2.61 Cr | ₹5.58 Cr | ₹1.9 Cr | ₹1.64 Cr | ₹2.43 Cr | ₹1.2 Cr | ₹1.41 Cr | ₹1.93 Cr | ₹1.13 Cr | ₹1.29 Cr | ₹10.61 Cr |
| Total Income | ₹27.5 Cr | ₹26.93 Cr | ₹29.92 Cr | ₹26.34 Cr | ₹25.84 Cr | ₹28.49 Cr | ₹27.36 Cr | ₹25.98 Cr | ₹25.01 Cr | ₹24.54 Cr | ₹25.42 Cr | ₹33 Cr |
| Cost of Materials Consumed | ₹5.32 Cr | ₹4.99 Cr | ₹5.82 Cr | ₹5.54 Cr | ₹4.7 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.47 Cr | ₹0 | ₹0 | ₹0 | ₹33.62 Lakh | ₹16.82 Lakh | ₹0 |
| Employee Benefit Expense | ₹3.57 Cr | ₹2.29 Cr | ₹2.3 Cr | ₹2.24 Cr | ₹3.06 Cr | ₹2.67 Cr | ₹2.93 Cr | ₹2.86 Cr | ₹3.72 Cr | ₹3.03 Cr | ₹2.71 Cr | ₹2.32 Cr |
| Finance Costs | ₹4.1 Cr | ₹4.37 Cr | ₹4.65 Cr | ₹4.81 Cr | ₹2.64 Cr | ₹3.07 Cr | ₹3.23 Cr | ₹3.4 Cr | ₹3.65 Cr | ₹3.9 Cr | ₹4.09 Cr | ₹4.22 Cr |
| Depreciation & Amortisation | ₹8.15 Cr | ₹8.15 Cr | ₹8.15 Cr | ₹8.14 Cr | ₹3.45 Cr | ₹3.45 Cr | ₹3.47 Cr | ₹3.46 Cr | ₹3.45 Cr | ₹3.43 Cr | ₹3.43 Cr | ₹3.43 Cr |
| Other Expenses | ₹5.22 Cr | ₹5.32 Cr | ₹7.17 Cr | ₹4.61 Cr | ₹13.19 Cr | ₹10.84 Cr | ₹10.67 Cr | ₹9.26 Cr | ₹13.51 Cr | ₹8.85 Cr | ₹29.9 Cr | ₹11.2 Cr |
| Total Expenses | ₹26.35 Cr | ₹25.11 Cr | ₹28.08 Cr | ₹25.35 Cr | ₹27.04 Cr | ₹21.51 Cr | ₹20.3 Cr | ₹18.99 Cr | ₹24.33 Cr | ₹19.55 Cr | ₹40.29 Cr | ₹21.16 Cr |
| Profit Before Exceptional Items & Tax | ₹1.15 Cr | ₹1.82 Cr | ₹1.83 Cr | ₹99.3 Lakh | -₹1.19 Cr | ₹6.99 Cr | ₹7.06 Cr | ₹6.99 Cr | ₹67.83 Lakh | ₹5 Cr | -₹14.88 Cr | ₹11.84 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | -₹19 Cr | ₹0 | ₹0 | ₹76.43 Cr | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹1.15 Cr | ₹1.82 Cr | ₹1.83 Cr | ₹99.3 Lakh | -₹20.19 Cr | ₹6.99 Cr | ₹7.06 Cr | ₹83.42 Cr | ₹67.83 Lakh | ₹5 Cr | -₹14.88 Cr | ₹11.84 Cr |
| Total Tax Expense | -₹41.41 Lakh | ₹8.45 Lakh | -₹31.67 Lakh | -₹7.61 Lakh | ₹9.72 Cr | ₹1.28 Cr | ₹1.23 Cr | ₹1.19 Cr | ₹6.7 Cr | ₹1.08 Cr | ₹1.14 Cr | ₹3.2 Cr |
| Net Profit | ₹1.95 Cr | ₹1.81 Cr | ₹2.41 Cr | ₹1.47 Cr | -₹29.78 Cr | ₹6.06 Cr | ₹6.07 Cr | ₹82.23 Cr | -₹5.73 Cr | ₹3.92 Cr | -₹15.65 Cr | ₹8.95 Cr |
| attributable to Owners | ₹1.74 Cr | ₹1.95 Cr | ₹2.69 Cr | ₹1.55 Cr | -₹29.52 Cr | - | ₹0 | ₹82.52 Cr | ₹0 | ₹0 | -₹15.27 Cr | ₹9.25 Cr |
| attributable to NCI | ₹21.56 Lakh | -₹13.75 Lakh | -₹28.27 Lakh | -₹7.65 Lakh | -₹25.68 Lakh | - | ₹0 | ₹28.77 Lakh | ₹0 | ₹0 | -₹37.87 Lakh | -₹30.08 Lakh |
| Other Comprehensive Income | -₹40.18 Lakh | ₹0 | ₹0 | ₹0 | ₹12.83 Lakh | ₹0 | ₹0 | ₹0 | -₹83.27 Lakh | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹1.55 Cr | ₹1.81 Cr | ₹2.41 Cr | ₹1.47 Cr | -₹29.65 Cr | ₹6.06 Cr | ₹6.07 Cr | ₹82.23 Cr | -₹6.56 Cr | ₹3.92 Cr | -₹15.65 Cr | ₹8.95 Cr |
| EBITDA (computed) | ₹13.4 Cr | ₹14.34 Cr | ₹14.63 Cr | ₹13.95 Cr | ₹4.9 Cr | ₹13.51 Cr | ₹13.76 Cr | ₹13.86 Cr | ₹7.78 Cr | ₹12.33 Cr | -₹7.36 Cr | ₹19.49 Cr |
| Basic EPS | ₹0.29 | ₹0.32 | ₹0.44 | ₹0.25 | ₹-5.12 | ₹1.07 | ₹1.14 | ₹14.34 | ₹-0.85 | ₹0.85 | ₹-2.65 | ₹1.61 |
| Diluted EPS | ₹0.26 | ₹0.29 | ₹0.40 | ₹0.23 | ₹-4.99 | ₹0.65 | ₹1.14 | ₹14.34 | ₹-0.85 | ₹0.82 | ₹-2.65 | ₹1.61 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹87.7 Cr | ₹91.04 Cr | ₹82.88 Cr | ₹86.82 Cr | ₹80.67 Cr | ₹64.55 Cr | ₹121.56 Cr |
| Other Income | ₹11 Cr | ₹5.85 Cr | ₹14.61 Cr | ₹6.35 Cr | ₹4.83 Cr | ₹7.75 Cr | ₹49.04 Cr |
| Total Income | ₹98.7 Cr | ₹96.89 Cr | ₹97.49 Cr | ₹93.17 Cr | ₹85.5 Cr | ₹72.3 Cr | ₹170.6 Cr |
| Cost of Materials Consumed | ₹20.17 Cr | ₹20.03 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹1.47 Cr | ₹50.45 Lakh | ₹3.15 Cr | ₹1.08 Lakh | ₹1.18 Lakh | ₹1.21 Cr |
| Employee Benefit Expense | ₹8.38 Cr | ₹7.99 Cr | ₹8.75 Cr | ₹7.17 Cr | ₹6.53 Cr | ₹4.53 Cr | ₹5.92 Cr |
| Finance Costs | ₹16.58 Cr | ₹11.18 Cr | ₹14.69 Cr | ₹19.43 Cr | ₹20.4 Cr | ₹20.56 Cr | ₹29.48 Cr |
| Depreciation & Amortisation | ₹31.01 Cr | ₹12.26 Cr | ₹12.28 Cr | ₹16.6 Cr | ₹17.62 Cr | ₹37.29 Cr | ₹51.14 Cr |
| Other Expenses | ₹14.98 Cr | ₹21.08 Cr | ₹54.98 Cr | ₹48 Cr | ₹41.3 Cr | ₹46.56 Cr | ₹62.71 Cr |
| Total Expenses | ₹91.11 Cr | ₹74.01 Cr | ₹91.21 Cr | ₹94.35 Cr | ₹85.85 Cr | ₹108.96 Cr | ₹150.46 Cr |
| Profit Before Exceptional Items & Tax | ₹7.58 Cr | ₹22.88 Cr | ₹6.28 Cr | -₹1.18 Cr | -₹35.48 Lakh | -₹36.66 Cr | ₹20.14 Cr |
| Exceptional Items | ₹0 | ₹57.06 Cr | ₹0 | -₹20.91 Cr | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹7.58 Cr | ₹79.94 Cr | ₹6.28 Cr | -₹22.09 Cr | -₹35.48 Lakh | -₹36.66 Cr | ₹20.14 Cr |
| Total Tax Expense | -₹77.54 Lakh | ₹12.44 Cr | ₹12.08 Cr | ₹9.52 Cr | ₹12.02 Cr | -₹7.84 Cr | ₹9.07 Cr |
| Net Profit | ₹8.36 Cr | ₹67.5 Cr | -₹5.8 Cr | -₹31.62 Cr | -₹12.37 Cr | -₹28.82 Cr | ₹11.07 Cr |
| Other Comprehensive Income | -₹40.18 Lakh | ₹12.83 Lakh | -₹83.27 Lakh | -₹19.98 Lakh | ₹37,000 | -₹3.32 Lakh | -₹16.59 Lakh |
| Total Comprehensive Income | ₹7.96 Cr | ₹67.63 Cr | -₹6.63 Cr | -₹31.82 Cr | -₹12.37 Cr | -₹28.85 Cr | ₹10.9 Cr |
| EBITDA (computed) | ₹55.17 Cr | ₹46.32 Cr | ₹33.25 Cr | ₹34.85 Cr | ₹37.66 Cr | ₹21.19 Cr | ₹100.76 Cr |
| Basic EPS | ₹1.38 | ₹11.70 | ₹-1.01 | ₹-5.49 | ₹-2.15 | ₹-5.01 | ₹1.94 |
| Diluted EPS | ₹1.24 | ₹11.70 | ₹-1.01 | ₹-5.49 | ₹-2.15 | ₹-5.01 | ₹1.94 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹288.1 Cr | ₹319.26 Cr | ₹296.36 Cr | ₹450.08 Cr |
| Non-current Assets | ₹209.47 Cr | ₹243.55 Cr | ₹225.98 Cr | ₹355.62 Cr |
| Current Assets | ₹78.63 Cr | ₹75.72 Cr | ₹70.38 Cr | ₹94.46 Cr |
| Property, Plant & Equipment | ₹62.95 Cr | ₹93.04 Cr | ₹19.94 Cr | ₹111.55 Cr |
| Inventories | ₹3.38 Cr | ₹3.38 Cr | ₹4.39 Cr | ₹4.8 Cr |
| Trade Receivables | ₹7.39 Cr | ₹7.32 Cr | ₹8.64 Cr | ₹16.92 Cr |
| Cash & Equivalents | ₹4.34 Cr | ₹4.14 Cr | ₹8.32 Cr | ₹11.07 Cr |
| Equity (Net Worth) | ₹124.69 Cr | ₹114.21 Cr | ₹34.87 Cr | ₹41.51 Cr |
| Equity Share Capital | ₹63.64 Cr | ₹68.88 Cr | ₹57.54 Cr | ₹57.54 Cr |
| Borrowings (Non-current) | ₹59.67 Cr | ₹69.08 Cr | ₹79.49 Cr | ₹82.1 Cr |
| Borrowings (Current) | ₹10 Cr | ₹10 Cr | ₹7.5 Cr | ₹0 |
| Total Debt (computed) | ₹69.67 Cr | ₹79.08 Cr | ₹86.99 Cr | ₹82.1 Cr |
| Current Liabilities | ₹57.05 Cr | ₹62.71 Cr | ₹167.6 Cr | ₹194.63 Cr |
| Total Liabilities | ₹163.4 Cr | ₹205.05 Cr | ₹261.49 Cr | ₹408.57 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹39.02 Cr | -₹40.87 Cr | ₹96.95 Lakh | ₹58.82 Cr | -₹63.37 Cr |
| Investing Cash Flow | ₹7.7 Cr | -₹15.46 Cr | -₹1.91 Cr | -₹19.28 Lakh | ₹23.01 Cr |
| Financing Cash Flow | -₹48.18 Cr | ₹48.45 Cr | -₹20.3 Cr | -₹36.33 Cr | ₹38.04 Cr |
| Capital Expenditure | ₹17.43 Lakh | ₹0 | ₹48.4 Lakh | ₹1.18 Cr | ₹75.33 Lakh |
| Free Cash Flow (computed) | ₹38.85 Cr | -₹40.87 Cr | ₹48.55 Lakh | ₹57.64 Cr | -₹64.12 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹1.46 Cr | -₹7.89 Cr | -₹21.24 Cr | ₹22.3 Cr | -₹2.32 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹22.44 Cr | ₹21.96 Cr | ₹21.64 Cr | ₹21.67 Cr | ₹21.66 Cr | ₹23.57 Cr | ₹23.7 Cr | ₹22.11 Cr | ₹20.54 Cr | ₹20.95 Cr | ₹21.49 Cr | ₹19.91 Cr |
| Other Income | ₹2.05 Cr | ₹2.11 Cr | ₹5.3 Cr | ₹1.53 Cr | ₹1.36 Cr | ₹2.15 Cr | ₹1.15 Cr | ₹1.2 Cr | ₹1.88 Cr | ₹1.05 Cr | ₹1.18 Cr | ₹10.5 Cr |
| Total Income | ₹24.49 Cr | ₹24.07 Cr | ₹26.94 Cr | ₹23.2 Cr | ₹23.02 Cr | ₹25.72 Cr | ₹24.84 Cr | ₹23.31 Cr | ₹22.41 Cr | ₹22 Cr | ₹22.67 Cr | ₹30.41 Cr |
| Cost of Materials Consumed | ₹4.51 Cr | ₹4.76 Cr | ₹5.59 Cr | ₹5.31 Cr | ₹4.47 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.47 Cr | ₹0 | ₹0 | ₹0 | ₹33.63 Lakh | ₹16.82 Lakh | ₹0 |
| Employee Benefit Expense | ₹3.01 Cr | ₹1.79 Cr | ₹1.8 Cr | ₹1.77 Cr | ₹2.4 Cr | ₹1.72 Cr | ₹1.95 Cr | ₹1.92 Cr | ₹2.73 Cr | ₹2.11 Cr | ₹2.23 Cr | ₹1.68 Cr |
| Finance Costs | ₹3.75 Cr | ₹4.01 Cr | ₹4.3 Cr | ₹4.53 Cr | ₹2.35 Cr | ₹2.79 Cr | ₹2.94 Cr | ₹3.11 Cr | ₹3.34 Cr | ₹3.62 Cr | ₹3.81 Cr | ₹3.93 Cr |
| Depreciation & Amortisation | ₹7.75 Cr | ₹7.75 Cr | ₹7.75 Cr | ₹7.75 Cr | ₹3.06 Cr | ₹3.06 Cr | ₹3.08 Cr | ₹3.07 Cr | ₹3.08 Cr | ₹3.07 Cr | ₹3.07 Cr | ₹3.06 Cr |
| Other Expenses | ₹4.14 Cr | ₹3.64 Cr | ₹4.3 Cr | ₹2.9 Cr | ₹11.46 Cr | ₹9.05 Cr | ₹8.36 Cr | ₹7.78 Cr | ₹9.13 Cr | ₹7.07 Cr | ₹29.07 Cr | ₹9.71 Cr |
| Total Expenses | ₹23.15 Cr | ₹21.95 Cr | ₹23.75 Cr | ₹22.27 Cr | ₹23.73 Cr | ₹18.08 Cr | ₹16.33 Cr | ₹15.88 Cr | ₹18.27 Cr | ₹16.2 Cr | ₹38.34 Cr | ₹18.39 Cr |
| Profit Before Exceptional Items & Tax | ₹1.34 Cr | ₹2.12 Cr | ₹3.19 Cr | ₹93.1 Lakh | -₹70.85 Lakh | ₹7.64 Cr | ₹8.51 Cr | ₹7.43 Cr | ₹4.14 Cr | ₹5.8 Cr | -₹15.67 Cr | ₹12.02 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | -₹19 Cr | ₹0 | ₹0 | ₹76.06 Cr | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹1.34 Cr | ₹2.12 Cr | ₹3.19 Cr | ₹93.1 Lakh | -₹19.71 Cr | ₹7.64 Cr | ₹8.51 Cr | ₹83.49 Cr | ₹4.14 Cr | ₹5.8 Cr | -₹15.67 Cr | ₹12.02 Cr |
| Total Tax Expense | -₹18.09 Lakh | -₹8.47 Lakh | ₹23.48 Lakh | -₹27.49 Lakh | ₹8.73 Cr | ₹1.36 Cr | ₹1.2 Cr | ₹1.15 Cr | ₹6.73 Cr | ₹1.06 Cr | ₹1.02 Cr | ₹3.28 Cr |
| Net Profit | ₹1.52 Cr | ₹2.21 Cr | ₹2.96 Cr | ₹1.21 Cr | -₹28.44 Cr | ₹6.28 Cr | ₹7.31 Cr | ₹82.34 Cr | -₹2.59 Cr | ₹4.74 Cr | -₹16.69 Cr | ₹8.74 Cr |
| Other Comprehensive Income | -₹40.18 Lakh | ₹0 | ₹0 | ₹0 | ₹12.83 Lakh | ₹0 | ₹0 | ₹0 | -₹83.27 Lakh | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹1.12 Cr | ₹2.21 Cr | ₹2.96 Cr | ₹1.21 Cr | -₹28.31 Cr | ₹6.28 Cr | ₹7.31 Cr | ₹82.34 Cr | -₹3.42 Cr | ₹4.74 Cr | -₹16.69 Cr | ₹8.74 Cr |
| EBITDA (computed) | ₹12.84 Cr | ₹13.88 Cr | ₹15.24 Cr | ₹13.21 Cr | ₹4.7 Cr | ₹13.49 Cr | ₹14.53 Cr | ₹13.61 Cr | ₹10.56 Cr | ₹12.48 Cr | -₹8.8 Cr | ₹19.01 Cr |
| Basic EPS | ₹0.25 | ₹0.36 | ₹0.57 | ₹0.20 | ₹-4.93 | ₹1.05 | ₹1.27 | ₹14.31 | ₹-0.45 | ₹0.82 | ₹-2.90 | ₹1.52 |
| Diluted EPS | ₹0.23 | ₹0.32 | ₹0.50 | ₹0.18 | ₹-4.93 | ₹0.63 | ₹1.27 | ₹14.31 | ₹-0.45 | ₹0.82 | ₹-2.90 | ₹1.52 |
Shareholding Pattern of Future Market Networks Limited
As per the shareholding pattern filed with NSE for the quarter ended Jun 2026, promoters hold 69.95%, domestic institutional investors hold 0.00%, retail and other public shareholders hold 30.05% of Future Market Networks Limited. The company had 28,780 shareholders on record.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Promoters | 69.95% | 68.48% | 66.92% | 66.92% | 66.92% | 66.92% |
| Public | 30.05% | 31.52% | 33.08% | 33.08% | 33.08% | 33.08% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 68.48% | 66.92% | 65.31% | 65.31% | 71.57% | 71.57% | 71.57% | 73.16% | 73.16% | 72.73% | 72.79% |
| Public | 31.52% | 33.08% | 34.69% | 34.69% | 28.43% | 28.43% | 28.43% | 26.84% | 26.84% | 27.27% | 27.21% |
| Promoter change (YoY, %pts) | +1.56 | +1.61 | +0.00 | -6.26 | +0.00 | +0.00 | -1.59 | +0.00 | +0.43 | -0.06 | - |
Board & Governance of Future Market Networks Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Future Market Networks Limited has 6 directors - 3 independent and 1 executive. The board is chaired by PRAMOD ARORA.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| ANIL BIYANI | Executive Director | 2022-11-10 | 1 |
| SUNIL GOPIKISHAN BIYANI | Non-Executive - Non Independent Director | 2013-05-30 | 2 |
| SHREESH MISRA | Non-Executive - Non Independent Director | 2022-11-10 | 1 |
| PRAMOD ARORA | Non-Executive - Independent Director · Chairperson | 2017-08-14 | 1 |
| PRIYA KHANDELWAL | Non-Executive - Independent Director | 2023-02-10 | 1 |
| DIMPLE AMIT SOMANI | Non-Executive - Independent Director | 2023-08-11 | 2 |
| Committee | Members |
|---|---|
| Audit Committee | PRAMOD ARORA (Chairperson), SUNIL GOPIKISHAN BIYANI, PRIYA KHANDELWAL, DIMPLE AMIT SOMANI |
| Nomination and remuneration committee | SUNIL GOPIKISHAN BIYANI, PRIYA KHANDELWAL (Chairperson), DIMPLE AMIT SOMANI |
| Stakeholders Relationship Committee | ANIL BIYANI, SUNIL GOPIKISHAN BIYANI (Chairperson), PRIYA KHANDELWAL |
| Corporate Social Responsibility Committee | DIMPLE AMIT SOMANI (Chairperson), SUNIL GOPIKISHAN BIYANI, PRIYA KHANDELWAL |
Group Structure of Future Market Networks Limited
Future Market Networks Limited has 5 subsidiary companies and 1 joint venture. This group structure data is as of FY 2023. The corporate group structure reflects Future Market Networks Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Suhani Mall Management Company Private Limited | U45200MH2005PTC156837 | - |
| Future Trade Markets Private Limited | U45400MH2011PTC224924 | - |
| Aashirwad Malls Private Limited | U70101GJ2004PTC045030 | - |
| Sun City Properties Private Limited | U70109WB1998PTC087521 | - |
| Jeremia Real Estate Private Limited | U74999MH2013PTC244711 | - |
Showing major subsidiaries. Total: 5.
Charges & Borrowings of Future Market Networks Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Oct 2021 | Others | ₹25 Cr | Open |
| 07 Sep 2021 | Others | ₹500 Cr | Open |
| 15 Jun 2021 | Others | ₹105 Cr | Open |
| 13 Jul 2020 | State Bank of India | ₹54.29 Cr | Open |
| 19 Mar 2014 | Others | ₹20.4 Cr | Open |
Total charge records: 27 View all charges
Employees and EPFO Compliance at Future Market Networks Limited
Future Market Networks Limited has a workforce of 64 employees as of Mar 30, 2024.
Employee Count & EPFO Data of Future Market Networks Limited
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GST Compliance of Future Market Networks Limited
GSTIN & GST Filing Data of Future Market Networks Limited
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Credit Ratings, Litigation & Regulatory Alerts for Future Market Networks Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Future Market Networks Limited
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MSME Payment Delays by Future Market Networks Limited
MSME Payment Delays by Future Market Networks Limited
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Subsidiaries & Group Companies of Future Market Networks Limited
Subsidiaries & Group Companies of Future Market Networks Limited
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MCA Filings & Documents of Future Market Networks Limited
MCA Filings & Documents of Future Market Networks Limited
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Recent Activity on Future Market Networks Limited
Recent News on Future Market Networks Limited
Frequently Asked Questions about Future Market Networks Limited
Future Market Networks Limited is an active public limited company in the business services sector based in Mumbai, Maharashtra, India. It was incorporated on 10 March 2008 (18+ years old) and is registered under CIN L45400MH2008PLC179914. Listed on BSE: 533296 and NSE: FMNL. The company has 64 employees.
Future Market Networks Limited reported revenue of ₹98.26 Cr for FY 2023 (up 10.00% YoY).
The current directors of Future Market Networks Limited are:
- Anil Poruthala Cherian
- Rajesh Kumar Maloo
- Dimple Amit Somani
- Pramod Arora
- Anil Cherian
- Anil L Biyani
- Sunil Gopikishan Biyani
- Akhilesh Kalra
- Shreesh Misra
- Priya Khandelwal
- Anil Poruthala Cherian
- Akhilesh Kalra
The primary industry of Future Market Networks Limited is business services. The company specifically operates in mall and retail management. The company is currently active in this sector.
Yes. Future Market Networks Limited is listed on both BSE (code: 533296) and NSE (symbol: FMNL).
Future Market Networks Limited can be reached at the registered office: Knowledge House Off. Shyam Nagar Jogesheari Vikhroli Link Road Jogeshwar, I East, Mumbai, Maharashtra, India – 400060, or through the website fmn.co.in.