About Future Retail Limited
Data last updated:
Future Retail Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the hypermarkets and large retail chains segment of the consumer services sector. It was incorporated on 07 February 2007.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L51909MH2007PLC268269. Its GSTIN is 27AADCB1093N2ZF (Maharashtra). The company holds 39 GST registrations, of which 8 are active. It is recorded as listed by MCA, but trading in its shares on BSE (540064) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹2,500 Cr and a paid-up capital of ₹108.46 Cr. It was formerly known as Bharti Retail Private Limited and Bharti Retail Limited. It is led by directors Kishore Laxminarayan Biyani and Priyanka Agarwal.
Its last annual general meeting (AGM) was held on 28 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹52.87 Cr. For the same year it recorded a net profit of ₹28.96 Cr (net margin 54.8%) and EBITDA of ₹16.45 Cr (EBITDA margin 31.1%). Revenue has declined at a compounded annual rate (CAGR) of 80% over three years and 70% over five years.
The company has about 24 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 2 brands: Big Bazaar and Future Retail. As per MCA filings, the company has open charges of ₹19,980 Cr and satisfied charges of ₹6,656.86 Cr on record. Court records list 400 cases involving the company, including 127 filed by the company and 273 filed against it; 62 cases are pending.
The last known website on record is futureretail.co.in.
Company details
Name history
Future Retail has undergone 2 name changes throughout its history. The company was previously known as Bharti Retail Private Limited, and Bharti Retail Limited. The current legal name is Future Retail Limited.
| Company Name | Status |
|---|---|
| Future Retail Limited | Current |
| Bharti Retail Private Limited | Previous |
| Bharti Retail Limited | Previous |
CIN history
Future Retail has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L51909MH2007PLC268269, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51909MH2007PLC268269 | Current |
| U51909DL2007PLC158953 | Previous |
| U51909DL2007PTC158953 | Previous |
| U51909MH2007PLC268269 | Previous |
Contact details
Future Retail Limited's registered office is in Mumbai, Maharashtra. Its website is futureretail.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor Future Group Office Sobo Brand Factory Pt. Madan Mohan Malviya Marg Cross Road Haitardeo, India, Mumbai, Maharashtra, India – 400034
- IndustryConsumer Services, Hypermarkets & Large Retail Chains
To see the full contact details of Future Retail Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Future Retail operates two associated brands: Big Bazaar and Future Retail. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hypermarket chain with more than 200 stores | bigbazaar.com | |
| Multi-category consumer products are retailed via a nationwide chain. | futureretail.in |
Business activity
The main business activity of Future Retail is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Future Retail Limited, buy the company report.
Financials of Future Retail Limited
FY 2021 filings availableFuture Retail Limited reported revenue of ₹52.87 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 70% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹16.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28.96 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.1% | ||||
| Net Profit Margin | 54.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Future Retail Limited, buy the company report.
Board of directors of Future Retail Limited
Future Retail has 2 current directors and 39 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishore Laxminarayan Biyani | Director | 30 Apr 2016 | 10 Years 6 Months | As last reported |
| Priyanka Agarwal | Additional Director | 21 Jul 2023 | 3 Years 3 Months | As last reported |
Peer comparison
Future Retail Limited is compared with the 6 companies closest to it by revenue in the Consumer Services industry (Hypermarkets), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GPK Superbazaar Private Limited | ₹54.76 Cr (FY 2024) | 62.0% | Sumerpur, Rajasthan, India | |||
| Tnsi Retail Private Limited | ₹54.27 Cr (FY 2025) | -30.0% | New Delhi, Delhi, India | |||
| Future Retail Limitedthis company | ₹52.87 Cr (FY 2024) | ₹28.96 Cr | 54.8% | 24 | Mumbai, Maharashtra, India | |
| Pakiza Retail Private Limited | ₹48.03 Cr (FY 2025) | -20.0% | Indore, Madhya Pradesh, India | |||
| Onestop Retail Private Limited | ₹47.41 Cr (FY 2025) | 29.0% | Mumbai, Maharashtra, India | |||
| Jay Ambe Supermarkets Limited | ₹47.4 Cr (FY 2025) | 42.0% | Gandhinagar, Gujarat, India | |||
| Sampoorna Retail (India) Private Limited | ₹46.84 Cr (FY 2024) | 6.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Future Retail Limited, buy the company report.
Auditor
Future Retail Limited is audited by NGS & Co. LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NGS & Co. LLP | FY 2021 | 119850W |
Shareholding
The shareholding of Future Retail Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Future Retail Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Apr 2021 | 100438276 | Others | ₹5,866.37 Cr | Open | |
| 26 Apr 2021 | 100441047 | Others | ₹630 Cr | Open | |
| 29 Sep 2020 | 100380476 | Uco Bank | ₹7.41 Cr | Open | |
| 03 Sep 2020 | 100373526 | Others | ₹200 Cr | Open | |
| 29 Aug 2020 | 100363769 | Others | ₹30.7 Cr | Open |
To see the full charge records of Future Retail Limited, buy the company report.
Total charge records: 47 View all charges
Legal cases
Future Retail Limited has 400 court cases on record: 127 filed by Future Retail, 273 filed against it. 62 cases are pending and 338 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 307 | 228 | 45 |
| High courts | 81 | 35 | 16 |
| NCLT | 11 | 10 | 0 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 400)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Criminal miscellaneous application | Filed against the company by M/S CG Foods India Private Limited and 5 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by The Jammu and Kashmir Bank Ltd | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against Southern Power Distribution Company of Telangana Limited and 2 others | Pending |
| District court, North Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against Patliputra Hytech Infra Pvt Ltd and Four Others | Pending |
| District court, Latur, Maharashtra | Civil suit | Filed against the company by Natural Sugar and Allied Industries Ltd. Ranjani | Disposed |
To see the full case history of Future Retail Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Future Retail Limited was last rated by Care on 03 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 May 2022 |
To see the full credit ratings and regulatory alerts of Future Retail Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Future Retail Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Future Retail has 4 subsidiary companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Travel News Services (India) Private Limited | U22212DL2009PTC191681 | |
| Welcome Retail Private Limited | U52602DL2016PTC305343 | |
| Future 7-India Convenience Limited | U74120MH2015PLC267752 | |
| Tnsi Retail Private Limited | U93000DL2010PTC203645 |
To see the full group structure of Future Retail Limited, buy the company report.
Employees & EPFO
Future Retail Limited has a workforce of 24 employees on its EPFO records as of Oct 09, 2025, across 2 active EPFO establishments.
GST
Future Retail has 39 GST registrations: 8 active and 31 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCB1093N2ZF | Maharashtra | Active | 23 Oct 2019 |
| 27AADCB1093N3ZE | Maharashtra | Active | 09 Dec 2022 |
| 06AADCB1093N2ZJ | Haryana | Active | 01 Oct 2019 |
| 19AADCB1093N2ZC | West Bengal | Active | 15 Oct 2019 |
To see the full GST registrations and return filing status of Future Retail Limited, buy the company report.
Recent activity
Future Retail Limited has 64 board changes on record since 2007: 33 appointments and 31 cessations. The latest: Nishi Jain ceased to be Additional Director on 27 Jan 2024.
124 earlier events are in the company report.
News
Frequently asked questions
Future Retail is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Future Retail is a company under insolvency, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in hypermarkets and large retail chains, within the consumer services industry. It was incorporated on 07 February 2007 and is registered under CIN L51909MH2007PLC268269. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Future Retail has 2 current directors:
- Kishore Laxminarayan Biyani - Director
- Priyanka Agarwal - Additional Director
The latest financial statements of Future Retail on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 28 September 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Future Retail is L51909MH2007PLC268269. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Future Retail is recorded as a listed company by MCA, but trading in its shares on BSE (540064) has been suspended, so they do not currently trade on a stock exchange.
Future Retail has open charges of ₹19,980 Cr and satisfied charges of ₹6,656.86 Cr as per latest MCA filings.
Future Retail has 400 court cases on record: 127 filed by the company and 273 filed against it. 62 are pending. Most are in the district courts.
Future Retail was incorporated on 07 February 2007. It is registered with the Registrar of Companies, Mumbai.
The peers of Future Retail by revenue are GPK Superbazaar Private Limited, Tnsi Retail Private Limited, Pakiza Retail Private Limited, Onestop Retail Private Limited, Jay Ambe Supermarkets Limited and 1 more, all in the Consumer Services industry (Hypermarkets), with the same principal business activity (retail trading).
Nishi Jain ceased to be Additional Director on 27 Jan 2024. Nishi Jain was appointed as Additional Director on 21 Jul 2023. Priyanka Agarwal was appointed as Additional Director on 21 Jul 2023. Future Retail has 64 board changes on record in total.
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