Future Enterprises Limited
Future Enterprises Limited (FEL) is engaged in the business of Manufacturing, Trading & Distribution activity and Leasing of retail infrastructure assets. While Future Retail Limited caters to the front end with its multiple formats, forming the back...
Key Metrics
EPS
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Current ratio
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Debt/Equity
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Debt/EBITDA
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Interest coverage ratio
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Operating Cashflow to total debt
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Financials
Pros & Cons
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Here's what we like about this company and potential risks we have identified.
Pros
Company has reduced debt.
Debtor days have improved from 435 to 105 days.
Cons
Company has low interest coverage ratio.
The company has delivered a poor sales growth of -52.2% over past five years.
Promoter holding is low: 16.4%
Promoters have pledged 61.4% of their holding.
Promoter holding has decreased over last 3 years: -34.4%
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About Future Enterprises Limited bond.
This comprehensive profile covers key factual information about Future Enterprises Limited. Future Enterprises Limited (FEL) is engaged in the business of Manufacturing, Trading & Distribution activity and Leasing of retail infrastructure assets. While Future Retail Limited caters to the front end with its multiple formats, forming the backbone and linking the retail arm with its infrastructure is Future Enterprises Limited (FEL). FEL develops, owns and leases the retail infrastructure for the Group. The company also holds the Group’s investments in subsidiaries and joint ventures including insurance, textile manufacturing, supply chain and logistics. EPS in Mar-2021 was -22.69. Current ratio in Mar-2021 was 1.11. Debt/Equity in Mar-2021 was 2.57. Debt/EBITDA in Mar-2021 was 20.92. Interest coverage ratio in Mar-2021 was -0.52. Operating Cashflow to total debt in Mar-2021 was -0.40. Total revenue for Mar-2024 was ₹1,150.25. Net income for Mar-2024 stood at ₹-677.99. Total assets as of Mar-2021 were ₹11,855.61. Operating cash flow for Mar-2021 was ₹-3,005.91. Peers and comparison entities consist of Future Enterprises Limited, Siemens Limited, Kama Holdings Limited, Balmer Lawrie and Company Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Company has reduced debt.; Debtor days have improved from 435 to 105 days.; ; ; . Key risks include: Company has low interest coverage ratio.; The company has delivered a poor sales growth of -52.2% over past five years.; Promoter holding is low: 16.4%; Promoters have pledged 61.4% of their holding.; Promoter holding has decreased over last 3 years: -34.4%. Leadership team details include Vijay Laxminarayan Biyani (Chairman and Managing Director), Rajesh Seth (Chief Operating Officer), Sanjay Rathi (Head of Legal and Corporate Governance), Rajesh Ramjilal Kalyani (Chief Financial Officer of Property Division), Anand Chandrasekaran (Director), Bala Deshpande (Director), Bhagchand Baser (Deputy Chief Financial Officer), Deepak Tanna (Company Secretary and Compliance Officer), Malini Chopra (Director), Kishore Biyani (Vice Chairman and Director). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.