
About Future Enterprises Limited
Data last updated:
Future Enterprises 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 12 October 1987.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L52399MH1987PLC044954. Its GSTIN is 27AAACP6317L1Z8 (Maharashtra). The company holds 33 GST registrations, of which 26 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 570002 and NSE: FELDVR.
The company has an authorised share capital of ₹130 Cr and a paid-up capital of ₹98.86 Cr. It was formerly known as Pantaloon Retail (India) Limited and Pantaloon Fashions (India) Limited. It is led by directors Vijay Laxminarayan Biyani (Managing Director) and Kishore Laxminarayan Biyani.
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 Knowledge House Shyam Nagar Off.Jogeshwari – Vikhroli Link Road Jogeshwari (E), Mumbai, Maharashtra, India – 400060.
As per the latest standalone financials for FY 2022-23, the company reported a revenue of ₹104.53 Cr, a decline of 93.1% compared to the previous year. For the same year it recorded a net loss of ₹677.96 Cr and EBITDA of -₹1,364.99 Cr.
The company has about 750 employees on its provident fund (EPFO) records. Its group structure includes 7 subsidiaries and 6 joint ventures.
The company is associated with 2 brands: Foodhall Online and FEL India. As per MCA filings, the company has open charges of ₹8,850.22 Cr and satisfied charges of ₹28,501 Cr on record. Court records list 445 cases involving the company, including 144 filed by the company and 302 filed against it; 69 cases are pending. The company has 160 deals on record (141 market trades, 14 funding rounds, 3 secondary share transfers), with disclosed funding of ₹4,297.38 Cr; the latest was in March 2025.
The last known website on record is felindia.in.
Company details
Name history
Future Enterprises has undergone 4 name changes throughout its history. The current legal name is Future Enterprises Limited.
| Company Name | Status |
|---|---|
| Future Enterprises Limited | Current |
| Pantaloon Retail (India) Limited | Previous |
| Pantaloon Fashions (India) Limited | Previous |
| Manz Wear Private Limited | Previous |
| Future Retail Limited | Previous |
CIN history
Future Enterprises has one previous CIN (Corporate Identification Number): L74999MH1987PLC044954. The current CIN is L52399MH1987PLC044954, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L52399MH1987PLC044954 | Current |
| L74999MH1987PLC044954 | Previous |
Contact details
Future Enterprises Limited's registered office is in Mumbai, Maharashtra. Its website is felindia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKnowledge House Shyam Nagar Off.Jogeshwari – Vikhroli Link Road Jogeshwari (E), Mumbai, Maharashtra, India – 400060
- IndustryConsumer Services, Hypermarkets & Large Retail Chains
To see the full contact details of Future Enterprises 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 Enterprises operates two associated brands: Foodhall Online and FEL India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online marketplace selling products like electronics, fashion, and accessories through apps. | foodhallonline.com | |
| Logistics and supply chain management services are provided by FEL. | felindia.in |
Financials of Future Enterprises Limited
FY 2022-23 filings availableFuture Enterprises Limited reported revenue of ₹104.53 Cr (down 93.1% YoY) for FY 2022-23.
Financial Highlights
FY 2020-21 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,422 | 5,366 | 6,173 | 5,256 | 4,488 | 9,348 | 11,710 |
| Revenue growth | -73.5% | -13.1% | +17.5% | +17.1% | -52.0% | -20.2% | - |
| EBITDA | 168 | 1,265 | 1,464 | 1,175 | 994 | 1,083 | 1,124 |
| EBITDA margin | +11.8% | +23.6% | +23.7% | +22.4% | +22.1% | +11.6% | +9.6% |
| Profit before tax | (1,238) | (407) | 154 | 64.63 | 66.26 | 65.20 | 162 |
| Net profit | (1,206) | (237) | 101 | (82.75) | (50.77) | 50.77 | 46.86 |
| Net profit margin | -84.8% | -4.4% | +1.6% | -1.6% | -1.1% | +0.5% | +0.4% |
| EPS (₹) | (22.69) | (6.70) | 2.94 | 0.14 | 0.74 | 0.81 | 3.56 |
| Balance sheet | |||||||
| Total assets | 10,383 | 11,460 | 11,642 | 10,395 | 9,576 | 8,883 | 10,848 |
| Net worth | 2,926 | 4,154 | 4,009 | 3,848 | 3,697 | 3,468 | 5,391 |
| Total debt | 7,169 | 6,863 | 6,717 | 5,772 | 5,182 | 4,906 | 4,874 |
| Cash & bank | 55.79 | 30.02 | 167 | 132 | 111 | 127 | 131 |
| Net working capital | 3,684 | 496 | 1,939 | 1,822 | 1,720 | 1,499 | 3,582 |
| Cash flow | |||||||
| Cash from operations | (3,006) | 2,458 | 1,125 | 1,114 | 975 | 981 | 1,272 |
| Cash from investing | 3,588 | (1,775) | (1,431) | (1,189) | (762) | (1,308) | (1,039) |
| Cash from financing | (555) | (816) | 345 | 93.75 | (197) | 347 | (270) |
| Particulars | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 | Jun 2020 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 474 | 590 | 693 | 436 | 546 | 459 | 238 | 179 |
| Revenue growth (YoY) | -13.2% | +28.6% | +191.4% | +143.0% | -30.3% | - | - | - |
| Other income | 56.02 | 27.76 | 14.58 | 14.52 | 6.40 | 48.68 | 22.37 | 137 |
| EBITDA | (2,012) | 61.27 | 46.22 | 46.43 | 71.52 | 40.83 | 20.66 | 12.13 |
| EBITDA margin | -424.6% | +10.4% | +6.7% | +10.6% | +13.1% | +8.9% | +8.7% | +6.8% |
| Depreciation | 147 | 170 | 172 | 177 | 171 | 174 | 164 | 272 |
| Interest | 193 | 192 | 175 | 202 | 207 | 210 | 200 | 200 |
| Profit before tax | (2,296) | (273) | (286) | (318) | (300) | (295) | (321) | (323) |
| Tax | (0.03) | 0.00 | 0.00 | 0.00 | (17.89) | 0.00 | 0.00 | 0.00 |
| Net profit | (2,296) | (273) | (286) | (318) | (282) | (295) | (321) | (323) |
| EPS (₹) | (41.27) | (5.48) | (5.49) | (5.97) | (5.50) | (5.51) | (5.74) | (5.94) |
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 105 | 1,514 | 887 | 4,043 | 4,566 | 4,185 | 3,782 |
| Revenue growth | -93.1% | +70.7% | -78.1% | -11.4% | +9.1% | +10.7% | - |
| EBITDA | (1,365) | (1,138) | 126 | 1,129 | 1,328 | 1,064 | 953 |
| EBITDA margin | -1305.8% | -75.2% | +14.2% | +27.9% | +29.1% | +25.4% | +25.2% |
| Profit before tax | (678) | (2,325) | (1,068) | (325) | 2.24 | (18.64) | 43.56 |
| Net profit | (678) | (1,466) | (1,142) | (274) | 28.59 | (133) | (74.29) |
| Net profit margin | -648.6% | -96.8% | -128.8% | -6.8% | +0.6% | -3.2% | -2.0% |
| EPS (₹) | (13.72) | (47.03) | (21.24) | (5.84) | 0.49 | (0.25) | 0.92 |
| Balance sheet | |||||||
| Total assets | - | - | 9,192 | 9,986 | 11,068 | 10,207 | 9,473 |
| Net worth | - | - | 2,573 | 3,630 | 3,958 | 3,911 | 3,810 |
| Total debt | - | - | 6,343 | 5,920 | 6,441 | 5,731 | 5,096 |
| Cash & bank | - | - | 49.41 | 22.90 | 25.91 | 37.16 | 46.72 |
| Net working capital | - | - | 3,126 | (92.71) | 1,795 | 1,731 | 1,573 |
| Cash flow | |||||||
| Cash from operations | - | - | (3,368) | 2,826 | 1,089 | 862 | 782 |
| Cash from investing | - | - | 3,556 | (1,540) | (1,271) | (1,034) | (664) |
| Cash from financing | - | - | (160) | (1,297) | 178 | 157 | (140) |
| Particulars | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.89 | 10.86 | 23.94 | 61.84 | 322 | 388 | 514 | 290 |
| Revenue growth (YoY) | -97.6% | -97.2% | -95.3% | -78.7% | -15.1% | - | - | - |
| Other income | 1.01 | 4.44 | 0.31 | 1,040 | 3.01 | 4.65 | 6.98 | 5.13 |
| Total expenses | 1,342 | 18.87 | 31.69 | 77.18 | 1,530 | 369 | 493 | 259 |
| EBITDA | (1,334) | (8.01) | (7.75) | (15.34) | (1,209) | 18.72 | 21.60 | 30.82 |
| EBITDA margin | - | -73.8% | -32.4% | -24.8% | -376.0% | +4.8% | +4.2% | +10.6% |
| Depreciation | 85.82 | 85.80 | 85.80 | 85.80 | 127 | 131 | 133 | 133 |
| Interest | 3.38 | 4.26 | 4.50 | 3.33 | 177 | 172 | 154 | 179 |
| Profit before tax | (1,422) | (93.63) | (97.74) | 935 | (1,510) | (280) | (259) | (276) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 | Jun 2020 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 474 | 590 | 693 | 436 | 546 | 459 | 238 | 179 |
| Revenue growth (YoY) | -13.2% | +28.6% | +191.4% | +143.0% | -30.3% | - | - | - |
| Other income | 56.02 | 27.76 | 14.58 | 14.52 | 6.40 | 48.68 | 22.37 | 137 |
| EBITDA | (2,012) | 61.27 | 46.22 | 46.43 | 71.52 | 40.83 | 20.66 | 12.13 |
| EBITDA margin | -424.6% | +10.4% | +6.7% | +10.6% | +13.1% | +8.9% | +8.7% | +6.8% |
| Depreciation | 147 | 170 | 172 | 177 | 171 | 174 | 164 | 272 |
| Interest | 193 | 192 | 175 | 202 | 207 | 210 | 200 | 200 |
| Profit before tax | (2,296) | (273) | (286) | (318) | (300) | (295) | (321) | (323) |
| Tax | (0.03) | 0.00 | 0.00 | 0.00 | (17.89) | 0.00 | 0.00 | 0.00 |
| Net profit | (2,296) | (273) | (286) | (318) | (282) | (295) | (321) | (323) |
| EPS (₹) | (41.27) | (5.48) | (5.49) | (5.97) | (5.50) | (5.51) | (5.74) | (5.94) |
| Particulars | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,422 | 5,366 | 6,173 | 5,256 | 4,488 | 9,348 | 11,710 |
| Revenue growth | -73.5% | -13.1% | +17.5% | +17.1% | -52.0% | -20.2% | - |
| Other income | 192 | 80.95 | 102 | 193 | 249 | 62.63 | 259 |
| Total expenses | 1,255 | 4,100 | 4,709 | 4,081 | 3,494 | 8,265 | 10,585 |
| Employee cost | 138 | 216 | 234 | 180 | 138 | 350 | 469 |
| EBITDA | 168 | 1,265 | 1,464 | 1,175 | 994 | 1,083 | 1,124 |
| EBITDA margin | +11.8% | +23.6% | +23.7% | +22.4% | +22.1% | +11.6% | +9.6% |
| Depreciation | 781 | 1,034 | 816 | 725 | 654 | 573 | 542 |
| Interest | 817 | 719 | 598 | 578 | 522 | 507 | 679 |
| Profit before tax | (1,238) | (407) | 154 | 64.63 | 66.26 | 65.20 | 162 |
| Tax | (17.89) | (37.00) | (21.78) | 24.89 | 11.43 | 20.75 | 2.11 |
| Net profit | (1,206) | (237) | 101 | (82.75) | (50.77) | 50.77 | 46.86 |
| Net profit margin | -84.8% | -4.4% | +1.6% | -1.6% | -1.1% | +0.5% | +0.4% |
| EPS (₹) | (22.69) | (6.70) | 2.94 | 0.14 | 0.74 | 0.81 | 3.56 |
| Particulars | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 114 | 114 | 114 | 114 | 118 | 158 | 132 |
| Reserves & surplus | 2,812 | 4,040 | 3,895 | 3,734 | 3,577 | 3,311 | 5,236 |
| Shareholders' funds (net worth) | 2,926 | 4,154 | 4,009 | 3,848 | 3,697 | 3,468 | 5,391 |
| Minority interest | 0.00 | 0.00 | 279 | 203 | 124 | 0.00 | 65.84 |
| Secured loans | 5,230 | 6,004 | 6,542 | 5,695 | 5,033 | 4,611 | 4,091 |
| Unsecured loans | 1,939 | 859 | 176 | 76.60 | 150 | 295 | 783 |
| Total debt | 7,169 | 6,863 | 6,717 | 5,772 | 5,182 | 4,906 | 4,874 |
| Total liabilities | 10,383 | 11,460 | 11,642 | 10,395 | 9,576 | 8,883 | 10,848 |
| Assets | |||||||
| Gross block | 7,058 | 11,969 | 10,184 | 8,706 | 7,199 | 6,032 | 6,028 |
| Net block | 4,750 | 8,356 | 7,423 | 6,759 | 5,982 | 5,422 | 4,998 |
| Capital work in progress | 92.10 | 630 | 597 | 585 | 456 | 422 | 277 |
| Investments | 1,080 | 1,136 | 957 | 865 | 1,135 | 1,128 | 1,622 |
| Inventories | 1,087 | 1,207 | 1,262 | 1,097 | 883 | 869 | 3,534 |
| Sundry debtors | 2,767 | 2,296 | 896 | 777 | 603 | 505 | 550 |
| Cash & bank balances | 55.79 | 30.02 | 167 | 132 | 111 | 127 | 131 |
| Loans & advances | 1,248 | 1,168 | 1,017 | 802 | 1,022 | 977 | 1,793 |
| Total current assets | 5,157 | 4,701 | 3,342 | 2,809 | 2,619 | 2,478 | 6,007 |
| Total current liabilities | 1,473 | 4,206 | 1,404 | 987 | 899 | 979 | 2,425 |
| Net working capital | 3,684 | 496 | 1,939 | 1,822 | 1,720 | 1,499 | 3,582 |
| Total assets | 10,383 | 11,460 | 11,642 | 10,395 | 9,576 | 8,883 | 10,848 |
| Particulars | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|---|---|
| Opening cash | 7.41 | 141 | 102 | 83.64 | 67.42 | 47.37 | 168 |
| Net cash from operating activities | (3,006) | 2,458 | 1,125 | 1,114 | 975 | 981 | 1,272 |
| Net cash from investing activities | 3,588 | (1,775) | (1,431) | (1,189) | (762) | (1,308) | (1,039) |
| Net cash from financing activities | (555) | (816) | 345 | 93.75 | (197) | 347 | (270) |
| Net change in cash | 26.83 | (134) | 39.12 | 18.65 | 16.22 | 20.05 | (37.37) |
| Closing cash | 55.79 | 30.02 | 167 | 132 | 111 | 127 | 131 |
| Particulars | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -73.5% | -13.1% | +17.5% | +17.1% | -52.0% | -20.2% | - |
| EBITDA growth | -86.8% | -13.6% | +24.6% | +18.3% | -8.3% | -3.7% | - |
| PBT growth | -204.6% | - | +137.8% | -2.5% | +1.6% | -59.8% | +63.4% |
| Net income growth | -409.1% | -334.0% | +222.3% | -63.0% | -200.0% | +8.3% | - |
| Revenue CAGR (3Y) | -35.3% | +6.1% | -12.9% | -23.4% | -32.5% | -24.0% | - |
| EBITDA CAGR (3Y) | -47.8% | +8.4% | +10.6% | +1.5% | +1.9% | -21.6% | - |
| Profitability & leverage | |||||||
| Net income margin | -85.8% | -6.9% | +2.8% | +0.8% | +1.2% | +0.5% | +1.4% |
| Return on capital employed | 0.0% | +3.6% | +6.6% | +5.4% | +5.3% | +6.0% | +6.9% |
| Return on net worth | 0.0% | -6.8% | +3.4% | -1.3% | -0.9% | +1.3% | +1.2% |
| Debt / equity | 1.98 | 1.66 | 1.59 | 1.45 | 1.41 | 1.10 | 1.29 |
| Long-term debt / equity | 1.28 | 1.37 | 1.46 | 1.36 | 1.31 | 0.85 | 0.84 |
| Interest cover | -133.15 | 310.50 | 92.11 | 128.45 | 153.84 | 99.50 | 116.56 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.15 | 0.50 | 0.65 | 0.66 | 0.68 | 1.55 | 2.06 |
| Inventory turnover | 1.26 | 4.49 | 5.23 | 5.31 | 5.12 | 4.25 | 3.51 |
| Debtors turnover | 0.57 | 3.47 | 7.38 | 7.61 | 8.10 | 17.73 | 23.61 |
| EPS (₹) | (22.69) | (6.70) | 2.94 | 0.14 | 0.74 | 0.81 | 3.56 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.20 | 0.10 | 0.60 |
| Book value per share (₹) | 58.88 | 83.73 | 80.91 | 77.69 | 77.63 | 79.38 | 128.42 |
| Particulars | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.89 | 10.86 | 23.94 | 61.84 | 322 | 388 | 514 | 290 |
| Revenue growth (YoY) | -97.6% | -97.2% | -95.3% | -78.7% | -15.1% | - | - | - |
| Other income | 1.01 | 4.44 | 0.31 | 1,040 | 3.01 | 4.65 | 6.98 | 5.13 |
| Total expenses | 1,342 | 18.87 | 31.69 | 77.18 | 1,530 | 369 | 493 | 259 |
| EBITDA | (1,334) | (8.01) | (7.75) | (15.34) | (1,209) | 18.72 | 21.60 | 30.82 |
| EBITDA margin | - | -73.8% | -32.4% | -24.8% | -376.0% | +4.8% | +4.2% | +10.6% |
| Depreciation | 85.82 | 85.80 | 85.80 | 85.80 | 127 | 131 | 133 | 133 |
| Interest | 3.38 | 4.26 | 4.50 | 3.33 | 177 | 172 | 154 | 179 |
| Profit before tax | (1,422) | (93.63) | (97.74) | 935 | (1,510) | (280) | (259) | (276) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|---|---|
| Revenue | 105 | 1,514 | 887 | 4,043 | 4,566 | 4,185 | 3,782 |
| Revenue growth | -93.1% | +70.7% | -78.1% | -11.4% | +9.1% | +10.7% | - |
| Other income | 1,046 | 19.76 | 133 | 42.05 | 27.11 | 184 | 231 |
| Total expenses | 1,470 | 2,651 | 761 | 2,914 | 3,238 | 3,121 | 2,829 |
| Employee cost | 0.00 | 0.00 | 58.06 | 101 | 108 | 86.78 | 59.96 |
| EBITDA | (1,365) | (1,138) | 126 | 1,129 | 1,328 | 1,064 | 953 |
| EBITDA margin | -1305.8% | -75.2% | +14.2% | +27.9% | +29.1% | +25.4% | +25.2% |
| Depreciation | 343 | 524 | 610 | 861 | 769 | 698 | 633 |
| Interest | 15.47 | 682 | 717 | 636 | 583 | 568 | 508 |
| Profit before tax | (678) | (2,325) | (1,068) | (325) | 2.24 | (18.64) | 43.56 |
| Tax | 0.00 | 0.00 | (17.89) | (36.86) | (21.78) | (6.45) | 0.00 |
| Net profit | (678) | (1,466) | (1,142) | (274) | 28.59 | (133) | (74.29) |
| Net profit margin | -648.6% | -96.8% | -128.8% | -6.8% | +0.6% | -3.2% | -2.0% |
| EPS (₹) | (13.72) | (47.03) | (21.24) | (5.84) | 0.49 | (0.25) | 0.92 |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | - | - | 98.86 | 98.86 | 98.71 | 98.67 | 94.57 |
| Reserves & surplus | - | - | 2,475 | 3,532 | 3,860 | 3,812 | 3,714 |
| Shareholders' funds (net worth) | - | - | 2,573 | 3,630 | 3,958 | 3,911 | 3,810 |
| Secured loans | - | - | 4,507 | 5,075 | 6,269 | 5,662 | 4,953 |
| Unsecured loans | - | - | 1,835 | 844 | 173 | 68.75 | 142 |
| Total debt | - | - | 6,343 | 5,920 | 6,441 | 5,731 | 5,096 |
| Total liabilities | - | - | 9,192 | 9,986 | 11,068 | 10,207 | 9,473 |
| Assets | |||||||
| Gross block | - | - | 6,122 | 10,951 | 9,615 | 8,285 | 6,999 |
| Net block | - | - | 4,027 | 7,492 | 7,001 | 6,439 | 5,848 |
| Capital work in progress | - | - | 92.14 | 624 | 522 | 583 | 386 |
| Investments | - | - | 1,203 | 1,278 | 1,152 | 1,121 | 1,404 |
| Inventories | - | - | 1,084 | 1,203 | 1,245 | 1,087 | 873 |
| Sundry debtors | - | - | 2,062 | 1,520 | 534 | 488 | 367 |
| Cash & bank balances | - | - | 49.41 | 22.90 | 25.91 | 37.16 | 46.72 |
| Loans & advances | - | - | 930 | 929 | 955 | 755 | 981 |
| Total current assets | - | - | 4,126 | 3,675 | 2,759 | 2,368 | 2,268 |
| Total current liabilities | - | - | 1,000 | 3,767 | 964 | 637 | 695 |
| Net working capital | - | - | 3,126 | (92.71) | 1,795 | 1,731 | 1,573 |
| Total assets | - | - | 9,192 | 9,986 | 11,068 | 10,207 | 9,473 |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | - | 3.12 | 14.62 | 19.56 | 34.25 | 56.63 |
| Net cash from operating activities | - | - | (3,368) | 2,826 | 1,089 | 862 | 782 |
| Net cash from investing activities | - | - | 3,556 | (1,540) | (1,271) | (1,034) | (664) |
| Net cash from financing activities | - | - | (160) | (1,297) | 178 | 157 | (140) |
| Net change in cash | - | - | 27.58 | (11.50) | (4.94) | (14.69) | (22.38) |
| Closing cash | - | - | 49.41 | 22.90 | 25.91 | 37.16 | 46.72 |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -93.1% | +70.7% | -78.1% | -11.4% | +9.1% | +10.7% | - |
| EBITDA growth | -20.0% | -1002.4% | -88.8% | -15.0% | +24.7% | +11.6% | - |
| PBT growth | - | -117.7% | -228.2% | - | +9998.0% | - | +62.6% |
| Net income growth | +53.7% | -28.3% | -317.0% | -1058.1% | +121.5% | -79.4% | - |
| Revenue CAGR (3Y) | -70.4% | -30.8% | -40.4% | +2.3% | -19.6% | -27.5% | -32.5% |
| EBITDA CAGR (3Y) | - | - | -50.9% | +5.8% | +9.1% | -1.6% | -2.9% |
| Profitability & leverage | |||||||
| Net income margin | -648.6% | -153.6% | -118.4% | -7.1% | +0.5% | -0.3% | +1.2% |
| Return on capital employed | - | - | 0.0% | +3.0% | +5.6% | +4.4% | +4.7% |
| Return on net worth | - | - | 0.0% | -7.6% | +0.7% | -3.5% | -2.0% |
| Debt / equity | - | - | 1.98 | 1.63 | 1.55 | 1.40 | 1.36 |
| Long-term debt / equity | - | - | 1.26 | 1.36 | 1.42 | 1.31 | 1.27 |
| Interest cover | -0.91 | -41.05 | -148.24 | 236.92 | 104.45 | 155.35 | 158.57 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | - | 0.11 | 0.41 | 0.53 | 0.57 | 0.59 |
| Inventory turnover | - | - | 0.80 | 3.45 | 4.08 | 4.43 | 4.37 |
| Debtors turnover | - | - | 0.51 | 4.11 | 9.31 | 10.15 | 12.15 |
| EPS (₹) | (13.72) | (47.03) | (21.24) | (5.84) | 0.49 | (0.25) | 0.92 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.20 |
| Book value per share (₹) | 0.00 | 0.00 | 52.06 | 73.44 | 80.20 | 79.27 | 80.54 |
To see the full year-wise statements and ratios of Future Enterprises Limited, buy the company report.
Board of directors of Future Enterprises Limited
Future Enterprises has 2 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishore Laxminarayan Biyani | Director | 01 Jun 1991 | 35 Years 4 Months | As last reported |
| Vijay Laxminarayan Biyani Also directs: Santosh V K Investments Management LLP | Managing Director | 04 May 2016 | 10 Years 5 Months | As last reported |
Auditor
Future Enterprises Limited is audited by DMKH & Co. for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DMKH & Co. | FY 2021 | 116886W |
Shareholding
The shareholding of Future Enterprises 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 Enterprises Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Apr 2021 | 100440789 | Others | ₹1,019.22 Cr | Open | |
| 10 Dec 2020 | 100400451 | Axis Bank Limited | ₹15 Cr | Open | |
| 12 May 2020 | 100336257 | Others | ₹15 Cr | Open | |
| 10 Feb 2020 | 100325782 | Axis Bank Limited | ₹50 Cr | Open | |
| 16 Oct 2019 | 100297265 | Axis Bank Limited | ₹150 Cr | Open |
To see the full charge records of Future Enterprises Limited, buy the company report.
Total charge records: 179 View all charges
Deals & funding
Future Enterprises Limited has 160 deals on record (141 market trades, 14 funding rounds, 3 secondary share transfers), with disclosed funding of ₹4,297.38 Cr; the latest was in March 2025.
Deals on record (5 of 160)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Market trade | ₹15.8 Lakh | Seller: Vistra Itcl (India) Limited |
| Mar 2023 | Market trade | ₹22.4 Lakh | Seller: Vistra Itcl (India) Limited |
| Mar 2023 | Market trade | ₹18.3 Lakh | Seller: Vistra Itcl (India) Limited |
| Nov 2022 | Market trade | ₹50.8 Lakh | Seller: Vistra Itcl (India) Limited |
| Nov 2022 | Market trade | ₹41.6 Lakh | Seller: Vistra Itcl (India) Limited |
To see the full deal history of Future Enterprises Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Future Enterprises Limited has 445 court cases on record: 144 filed by Future Enterprises, 302 filed against it. 69 cases are pending and 376 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 208 | 179 | 38 |
| High courts | 194 | 88 | 29 |
| Supreme Court | 23 | 16 | 2 |
| NCLT | 12 | 11 | 0 |
| NCLAT | 8 | 8 | 0 |
Cases on record (5 of 445)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Minions Ventures Private Limited | Pending |
| District court, SURAT, Gujarat | Commercial matter | Filed against the company by Rakesh Bhagwandas Adnani Autho Per of Condor Footwear Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed against the company by Sbi Global Factors Ltd. | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Ibm India Pvt Ltd | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Idbi Trusteeship Services Limited and Others | Pending |
To see the full case history of Future Enterprises 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 Enterprises 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 Enterprises Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Future Enterprises Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Future Enterprises has 7 subsidiary companies, 6 joint ventures, and 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Future Supply Chain Solutions Limited | L63030MH2006PLC160376 | |
| Futurebazaar India Limited | U51900MH2006PLC159197 | |
| Future E-Commerce Infrastructure Limited | U52399MH2007PLC171178 | |
| Bluerock Eservices Private Limited | U72900MH2012PTC298230 | |
| Future Media (India) Limited | U74300MH2006PLC160375 | |
| Leanbox Logistics Solutions Private Limited | U74999MH2016PTC282290 |
To see the full group structure of Future Enterprises Limited, buy the company report.
Employees & EPFO
Future Enterprises Limited has a workforce of 750 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Future Enterprises has 33 GST registrations: 26 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP6317L1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 02AAACP6317L1ZK | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AAACP6317L1ZI | Punjab | Active | 01 Jul 2017 |
| 04AAACP6317L2ZF | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Future Enterprises Limited, buy the company report.
Recent activity
Future Enterprises Limited has 36 board changes on record since 1991: 19 appointments and 17 cessations. The latest: Bala C Deshpande ceased to be Director on 12 Oct 2022.
393 earlier events are in the company report.
News
Frequently asked questions
Future Enterprises 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 Enterprises 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 12 October 1987 and is registered under CIN L52399MH1987PLC044954. Listed on BSE: 570002 and NSE: FELDVR. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Future Enterprises reported revenue of ₹104.53 Cr for FY 2022-23 (down 93.1% YoY) based on standalone financials.
Future Enterprises has 2 current directors:
- Vijay Laxminarayan Biyani - Managing Director
- Kishore Laxminarayan Biyani - Director
The latest financial statements of Future Enterprises 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 Enterprises is L52399MH1987PLC044954. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Future Enterprises is a listed company as per MCA records. Its shares are listed on both BSE (code: 570002) and NSE (symbol: FELDVR).
Future Enterprises has open charges of ₹8,850.22 Cr and satisfied charges of ₹28,501 Cr as per latest MCA filings.
Future Enterprises has 445 court cases on record: 144 filed by the company and 302 filed against it. 69 are pending. Most are in the district courts.
Future Enterprises was incorporated on 12 October 1987. It is registered with the Registrar of Companies, Mumbai.