| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 24.6 | 24.4 | +0.8% |
| EBITDA | 10.2 | 12.0 | −15.0% |
| EBITDA margin | 41.5% | 49.3% | −7.7 pts |
| Profit before tax | 1.0 | 1.0 | 0.0% |
| Net profit | 1.8 | 1.5 | +22.8% |
| EPS | ₹0.31 | ₹0.25 | +24.0% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 52.3 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 6.2 | 6.2 | 7.3 | 15.3 | 70.3 | ||
| 0.9 | 0.9 | −1.4 | 0.1 | 2.1 | ||
| 78.3 | 78.3 | 86.1 | 92.8 | 86.6 | ||
| 125 | — | — | — | — | ||
| 98.7 | 98.5 | 101 | 93.0 | 92.4 | ||
| — | −2.4% | +8.6% | +0.7% | — | ||
| 42.3 | 44.2 | 39.3 | 17.3 | 49.9 | ||
| 42.9% | 44.8% | 39.0% | 18.6% | 54.0% | ||
| 9.9 | 11.6 | 25.5 | 3.6 | 32.2 | ||
| 8.0 | 7.6 | 64.6 | −8.2 | −9.3 | ||
| 8.1% | 7.8% | 64.0% | −8.8% | −10.1% | ||
| ₹1.31 | ₹1.24 | ₹10.38 | −₹1.29 | −₹1.42 | ||
| — | −88.0% | +905.2% | +9.0% | — | ||
| — | 41.3 | −2.4 | −18.3 | 81.6 | ||
| — | −30.4 | 0.0 | −2.4 | −5.4 | ||
| 10.9 | 10.9 | −2.4 | −20.7 | 76.2 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 52.3 | |
| - Cash, Equiv & ST Investments | 70.3 | 15.3 | 7.3 | 6.2 | 6.2 | |
| + Minority Interest | 2.1 | 0.1 | -1.4 | 0.9 | 0.9 | |
| + Total Debt | 86.6 | 92.8 | 86.1 | 78.3 | 78.3 | |
| Enterprise Value | — | — | — | — | 125.2 | |
| Revenue | 92.4 | 93.0 | 101.0 | 98.5 | 98.7 | |
| Growth %, YoY | — | +0.7 | +8.6 | -2.4 | — | |
| EBITDA | 49.9 | 17.3 | 39.3 | 44.2 | 42.3 | |
| Margin % | 54.03 | 18.59 | 38.96 | 44.81 | 42.89 | |
| EBIT | 32.2 | 3.6 | 25.5 | 11.6 | 9.9 | |
| Net Income | -9.3 | -8.2 | 64.6 | 7.6 | 8.0 | |
| Margin % | -10.11 | -8.82 | 63.95 | 7.75 | 8.07 | |
| EPS, Adj (current shares) | -1.42 | -1.29 | 10.38 | 1.24 | 1.31 | |
| Growth %, YoY | — | +9.0 | +905.2 | -88.0 | — | |
| Cash from Operations | 81.6 | -18.3 | -2.4 | 41.3 | — | |
| Capital Expenditures | -5.4 | -2.4 | -0.0 | -30.4 | — | |
| Free Cash Flow | 76.2 | -20.7 | -2.4 | 10.9 | 10.9 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Future Market Networks (NSE: FMNL) had a market capitalisation of ₹53.9 crore at the 30 October 2026 close (₹8.07 a share), a PE ratio of 6.5 on the last four quarters' profit and a price-to-book ratio of 0.49. In FY26 its consolidated net profit was ₹7.9 crore on revenue of ₹98.5 crore; in Q1 FY27 (April–June 2026) it was ₹1.9 crore, up 26.0% year on year. Its debt-to-equity ratio was 0.70 on 31 March 2026. Promoters held 69.95% of the shares on 30 September 2026.
Future Market Networks' PE ratio is 6.5 at the 30 October 2026 close (₹8.07 a share): a market capitalisation of ₹53.9 crore divided by consolidated net profit of ₹8.3 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹7.9 crore) it is 6.8.
Future Market Networks' price-to-book (PB) ratio is 0.49 at the 30 October 2026 close: a market capitalisation of ₹53.9 crore divided by shareholders' equity (book value) of ₹111 crore on 31 March 2026. That is a book value of ₹16.61 per share against a share price of ₹8.07.
Future Market Networks' book value per share was ₹16.61 on 31 March 2026: shareholders' equity of ₹111 crore divided by the 6.68 crore shares in issue, up 14.2% from ₹14.55 a year earlier. The share price at the 30 October 2026 close was ₹8.07.
Future Market Networks' market capitalisation was ₹53.9 crore at the 30 October 2026 close: 6.68 crore shares at ₹8.07 each.
No. Future Market Networks had borrowings of ₹78.3 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.70. Its cash and current investments were ₹6.2 crore, so its net debt was ₹72.1 crore.
Future Market Networks' basic earnings per share (EPS) were ₹1.30 in FY26, against ₹11.44 in FY25.
Future Market Networks' debt-to-equity ratio was 0.70 on 31 March 2026: borrowings of ₹78.3 crore against total equity of ₹112 crore. A year earlier, on 31 March 2025, it was 0.87.
Future Market Networks' net worth — shareholders' equity in its consolidated balance sheet — was ₹111 crore on 31 March 2026, up 10.6% from ₹100 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹53.9 crore at the 30 October 2026 close.
Promoters held 69.95% of Future Market Networks on 30 September 2026, unchanged from the previous quarter and up 3.03 percentage points from 66.92% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Future Market Networks' return on equity (ROE) was 7.5% and its return on capital employed (ROCE) was 4.8%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 107.8% and ROCE 13.4%.
At the 30 October 2026 closing prices, on FY26 net profit, Future Market Networks' PE ratio is 6.8, the lowest of the four: ICDS 59.6, Coral India Finance & Housing 7.6 and Ruchi Infrastructure 11.7, a peer average of 26.3. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Future Market Networks earned net profit of ₹7.9 crore on revenue of ₹98.5 crore, against ₹1.1 crore on ₹2.4 crore for ICDS. Future Market Networks' operating margin was 11.7% (ICDS −4.5%) and its return on equity 7.5% (ICDS 3.7%). At the 30 October 2026 close, Future Market Networks' market capitalisation was ₹53.9 crore against ₹65.1 crore for ICDS, and its PE ratio on FY26 profit 6.8 against 59.6.
On 30 September 2026, Future Market Networks' shares were held by promoters 69.95%, domestic institutions (DII) 0.00% (including mutual funds at 0.00%) and retail and other non-institutional investors 30.05%. Over the year, DII holding was unchanged.
In FY26, Future Market Networks generated ₹41.3 crore of cash from operations and spent ₹30.4 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹10.9 crore. In FY25 it was −₹2.4 crore.
Future Market Networks' latest results are for Q1 FY27 (April–June 2026), filed on 13 August 2026: consolidated net profit ₹1.9 crore, up 26.0% from ₹1.5 crore in Q1 FY26; revenue from operations ₹24.6 crore, up 0.8% year on year.
In FY26 (April 2025–March 2026), Future Market Networks' consolidated net profit was ₹7.9 crore, down 88.0% from ₹66 crore in FY25, on revenue from operations of ₹98.5 crore (down 2.4%).
Future Market Networks will announce its Q2 FY27 results (July–September 2026) on Thursday, 5 November 2026, the date of the board meeting it has notified to the exchanges.
On FY26 consolidated figures, against ICDS, Coral India Finance & Housing and Ruchi Infrastructure: Future Market Networks' operating margin of 11.7% is the second highest of the four (ICDS −4.5%, Coral India Finance & Housing 79.0%, Ruchi Infrastructure 7.8%; peer average 27.4%); its return on equity of 7.5% is the highest of the four (ICDS 3.7%, Coral India Finance & Housing 6.9%, Ruchi Infrastructure 4.9%; peer average 5.2%); its revenue growth over three years of 2.2% a year is the second highest of the four (ICDS 7.6% a year, Coral India Finance & Housing −19.5% a year, Ruchi Infrastructure −1.7% a year; peer average −4.5% a year).
From Future Market Networks' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.