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Disclaimer: The ratings and scores are generated algorithmically from publicly available market data and are provided for educational and informational purposes only. They do not constitute investment advice, recommendation, or solicitation to buy/sell any securities. Bull Run is not a SEBI-registered Research Analyst/Investment Adviser.

HomeStocksDiversified Commercial ServicesFuture Market Networks Ltd

Future Market Networks Ltd Stock Price Today (NSE: FMNL)

Future Market Networks Ltd

FMNLDiversified Commercial Services
₹8.40+₹0.00 (+0.00%)↑
As on 18 Feb 2026, 05:08 am ISTMarket Closed

Fundamental Score

...

Future Market Networks Ltd Share Price Live NSE/BSE & Institutional Fundamental Analysis

Future Market Networks Ltd share price today is ₹8.40, up +0.00% on NSE/BSE as of 18 February 2026. Future Market Networks Ltd (FMNL) is a Small-cap company in the Diversified Commercial Services sector with a market capitalisation of ₹61.49 (Cr). The 52-week high for FMNL share price is ₹N/A and the 52-week low is ₹N/A. The company has a Return on Equity (ROE) of 31.68% and a debt-to-equity ratio of 1.58.

Future Market Networks Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
₹0.00
Low
₹0.00
Volume
0
Change
+0.00%

Returns & Performance

Excellent

ROE

31.68%
Average

ROCE

15.83%
Excellent

OPM (5Y)

44.82%

Div Yield

0.00%

Future Market Networks Ltd Valuation Check

P/E Ratio

N/A
Poor

Industry P/E

23.64x
Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Market Cap

61.49 (Cr)

Growth Engine

Poor

Profit Growth (Q)

-59.18%
Poor

Sales Growth (Q)

-6.96%
Poor

Sales Growth (5Y)

-4.44%
Excellent

EPS Growth (5Y)

24.12%
Excellent

Profit Growth (5Y)

24.54%

Balance Sheet Health

Poor

Debt to Equity

1.58x
Poor

Int. Coverage

1.64x

Free Cash Flow (5Y)

39.81 (Cr)

Shareholding

Excellent

Promoter

66.92%
Poor

FII

0.00%
Poor

DII

0.00%
Poor

Pledged

90.55%

Institutional Deep-Dive

Bull Run Research Hub

Future Market Networks Share Price: A Conservative Value Investor's Perspective

In the diversified commercial services sector, a critical success factor often overlooked is adaptability. Companies that can swiftly pivot and cater to evolving client needs are better positioned for long-term survival. Today, we're examining the Future Market Networks share price (₹8.0) from the lens of a conservative value investor prioritizing capital safety. With a current PE ratio listed as 'None,' indicating the company is either unprofitable or not generating sufficient earnings, our focus shifts to other key metrics to assess its underlying financial health.

A standout figure is the Return on Capital Employed (ROCE) of 15.83%. This demonstrates the efficiency with which Future Market Networks Ltd is using its capital to generate profits. A sustained ROCE above the company's cost of capital suggests a potential economic moat, indicating a competitive advantage that protects its profitability. However, the lack of earnings necessitates a cautious approach. We must critically examine if this ROCE is sustainable given the current economic environment and the specific challenges faced by Future Market Networks.

Comparing Future Market Networks to its peers provides further insights. For example, when contrasting its management quality to that of Nirmitee Robotics India Ltd, we observe differences in capital allocation decisions and strategic execution. While a detailed assessment of Nirmitee Robotics' management is outside the scope of this analysis, the differing outcomes highlight the importance of managerial competence in driving shareholder value. Are the management decisions optimizing the company's position and generating long-term value?

This analysis forms part of a comprehensive 80-parameter fundamental audit, verified by Sweta Mishra, designed to objectively assess the financial strength and stability of Future Market Networks. This rigorous process aims to identify potential risks and opportunities before considering an investment. This is purely an observational analysis based on publicly available data and should not be construed as investment advice. Future performance is not guaranteed by past results.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Future Market Networks Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of FMNL across key market metrics for learning purposes.

Positive Indicators

7 factors identified

Strong Return on Equity (31.68%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (15.83%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (44.82%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Excellent EPS Growth (24.12% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (24.54% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Strong Cash Generation (₹39.81 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (66.92%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Risk Factors

7 factors identified

Profit Decline Concern (-59.18%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Revenue Contraction (-6.96%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Limited Growth History (-4.44% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Elevated Debt Levels (D/E: 1.58)

Observation: High leverage increases financial risk and interest burden.

Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.

Weak Interest Coverage (1.64x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

High Share Pledging Risk (90.55%)

Observation: Significant promoter share pledging creates potential overhang.

Analysis: High pledging levels may create selling pressure during market downturns.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Future Market Networks Ltd Financial Statements

Comprehensive financial data for Future Market Networks Ltd including income statement, balance sheet and cash flow

About FMNL (Future Market Networks Ltd)

Future Market Networks Ltd (FMNL) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Diversified Commercial Services sector with a current market capitalisation of ₹61.49 (Cr). Future Market Networks Ltd has delivered a Return on Equity (ROE) of 31.68% and a ROCE of 15.83%. The debt-to-equity ratio stands at 1.58, reflecting the company's capital structure. Investors tracking FMNL share price can monitor key metrics including P/E ratio, promoter holding of 66.92%, and quarterly earnings growth.

Company Details

Symbol:FMNL
Industry:Diversified Commercial Services
Sector:Diversified Commercial Services
Website:https://www.fmn.co.in

Key Leadership

Mr. Akhilesh Kalra
Chief Financial Officer
Mr. Anil Cherian
Head of Legal, Company Secretary & Compliance Officer
Mr. Anil L. Biyani
Whole Time Director

FMNL Share Price: Frequently Asked Questions

What is the current share price of Future Market Networks Ltd (FMNL)?

As of 18 Feb 2026, 05:08 am IST, Future Market Networks Ltd share price is ₹8.40. The FMNL stock has a market capitalisation of ₹61.49 (Cr) on NSE/BSE.

Is FMNL share price Overvalued or Undervalued?

FMNL share price is currently trading at a P/E ratio of 0.00x, compared to the industry average of 23.64x. Based on this relative valuation, the Future Market Networks Ltd stock appears to be Fairly Valued against its sector peers.

What is the 52-week high and low of FMNL share price?

The 52-week high of FMNL share price is ₹N/A and the 52-week low is ₹N/A.

What factors affect the Future Market Networks Ltd share price?

Key factors influencing FMNL share price include quarterly earnings growth (Sales Growth: -6.96%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

Is Future Market Networks Ltd a good stock for long-term investment?

Future Market Networks Ltd shows a 5-year Profit Growth of 24.54% and an ROE of 31.68%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 1.58 before investing in FMNL shares.

How does Future Market Networks Ltd compare with its industry peers?

Future Market Networks Ltd competes with major peers in the Diversified Commercial Services. Investors should compare FMNL share price P/E of 0.00x and ROE of 31.68% against the industry averages to determine competitive standing.

What is the P/E ratio of FMNL and what does it mean?

FMNL share price has a P/E ratio of N/Ax compared to the industry average of 23.64x. Investors pay ₹N/A for every ₹1 of annual earnings.

How is FMNL performing according to Bull Run's analysis?

FMNL has a Bull Run fundamental score of 17.3/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does FMNL belong to?

FMNL operates in the Diversified Commercial Services industry. This classification helps understand the competitive landscape and sector-specific trends affecting Future Market Networks Ltd share price.

What is Return on Equity (ROE) and why is it important for FMNL?

FMNL has an ROE of 31.68%, which indicates excellent management efficiency. ROE measures how efficiently Future Market Networks Ltd generates profits from shareholders capital.

How is FMNL debt-to-equity ratio and what does it indicate?

FMNL has a debt-to-equity ratio of 1.58, which indicates high leverage that increases financial risk.

What is FMNL dividend yield and is it a good dividend stock?

FMNL offers a dividend yield of 0.00%, meaning you receive ₹0.00 annual dividend for every ₹100 invested in Future Market Networks Ltd shares.

How has FMNL share price grown over the past 5 years?

FMNL has achieved 5-year growth rates of: Sales Growth -4.44%, Profit Growth 24.54%, and EPS Growth 24.12%.

What is the promoter holding in FMNL and why does it matter?

Promoters hold 66.92% of FMNL shares, with 90.55% pledged. High promoter holding often indicates strong management confidence in Future Market Networks Ltd.

What is FMNL market capitalisation category?

FMNL has a market capitalisation of ₹61 crores, placing it in the Small-cap category.

How volatile is FMNL stock?

FMNL has a beta of N/A. A beta > 1 suggests the Future Market Networks Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is FMNL operating profit margin trend?

FMNL has a 5-year average Operating Profit Margin (OPM) of 44.82%, indicating the company's operational efficiency.

How is FMNL quarterly performance?

Recent quarterly performance shows Future Market Networks Ltd YoY Sales Growth of -6.96% and YoY Profit Growth of -59.18%.

What is the institutional holding pattern in FMNL?

FMNL has FII holding of 0.00% and DII holding of 0.00%. Significant institutional holding often suggests professional confidence in the Future Market Networks Ltd stock.

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