IP
IndiaPulse

FMNL

Small Cap

Future Market Networks Limited

Media

Future Market Networks Limited operates in Retail Media, within the Media sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹10.3
+0.08 · +0.78%
Quote09 Jun, 10:02 am
Fundamentals08 Jun 2026 · screener
Score08 Jun, 11:00 pm · v4.2-nightly
Tags02 May 2026
Data confidence
Fresh enough for analysis
Investor decision lenses

One read, four checks

75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.

Mixed fundamentals, management trust needs verification, price trend is neutral, and recent execution is weak.

Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
FAIR VALUE
55

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Trust
Weak Trust
52

low confidence · 0/0 claims checked

Technical
Neutral
52

Timing lens: price trend and sector relative strength.

Result consistency
weak
31

Rolling lens: recent quarterly delivery, not the latest single-result score.

Latest result

Quarter ended 31 Mar 2026

Bad · 25/100

Rev +5% YoY · margin expansion

Filed 19 May 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹25.4 Cr+5.1%+4.6%
EBITDA₹11.3 Cr+247.5%-3.4%
Operating margin44.5%+3108 bps-368 bps
PAT₹2 CrNDF+8.3%
PAT margin7.7%+13077 bps+27 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Business and thesis

Issuer presentation review pending

Future Market Networks Limited operates in Retail Media, within the Media sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Technical timing lens

Trend score and candlestick chart

52Neutral

SMA20 +22.5% / mo

Stock trend: 58
Sector RS: 44
Sector 3M: -0.4% vs Nifty +0.1%

Technical chart

FMNLdaily · 6M+10.3%
Latest close ₹10.30 on 2026-06-09
Bar
-3.6%
RSI
50
MACD hist
-0.13
52W pos
57%
Hover for OHLC, volume, and indicators. Use range buttons above the chart to zoom.
₹6₹8₹10₹12₹1352H52L2025-122026-03Vol2025-122026-012026-032026-042026-06
Up bar
Down bar
Volume
Result date
SMA 50
RSI(14)

Technical trend read

Mixed signals

Signals are conflicting — long-term trend unclear. RSI 50. Wait for confirmation.

  • SMA20 rising (~13.2% over last month) — short-term momentum positive.
  • RSI(14) at 50 — falling, no extreme reading.
  • MACD below signal, histogram expanding negatively — bearish momentum building.
  • 20% off 52W high · 53% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Deep research

Valuation, score drivers, trust methodology, financials, and peers

Use these sections after reviewing the decision summary, latest result, thesis, management accountability, and technical timing above.

55U-SCORE
Deep Value

Fundamental score breakdown

FAIR VALUE
Valuation30/30
Growth21/25
Quality0/20
Balance Sheet1/15
Cash Flow8/10
Piotroski
6/9 (+3)
Penalties
-8
Raw sum
55

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

55/100 · FAIR VALUE

Positive drivers

  • FCF yield is supportive at 29.4%.
  • Fair-value margin of safety is positive at 81.3%.
  • Valuation contributes 30/30 to the score.

Main drags

  • Altman Z is 1.3, in distress territory.
  • Promoter pledge is 84.3%.
  • Penalty bucket subtracts 8 points.
Sector valuation model

Consumer valuation: PE/PEG and brand-quality premium

Consumer franchises can deserve higher multiples, but only when growth quality supports them.

Consumer PE/PEG
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
7.8
PB
0.6
EV/EBITDA
2.7
ROE
7.5%
ROCE
9.3%
FCF Yield
29.4%
Debt/Equity
1.3
MoS
+81.3%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 08 Jun 2026
v4.2-nightly
Final score
55
Previous: 55
Verdict
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+81.3%
Previous: +81.4%

Score history

12 stored score snapshots. Latest stored move: +0 points.

08 Jun 2026
v4.2-nightly
55
55
55
55
55
55
55
55
55
55
55
55

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Trust Score
52Weak Trust · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Weak Trust: Claim history is still being built. It ranks around the 9th percentile of the scored universe and 10th percentile within Media. Main check: results consistency is weak at 31/100.

Mixed Trust Lite: Promoter holding is 68.5%. Key concern: Promoters have pledged 84.3% of holding.

Computed 22 May 2026
trust-lite-v1
0 docs indexed · 0 concall links
Score band
Weak Trust

Management or financial behaviour needs caution. Demand stronger valuation compensation.

Relative rank
9th percentile

overall median 67 · Media: 10th pctile, median 64 · Small: 12th pctile, median 65

Evidence depth
Financial-only

0 documents indexed, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Weak Trust · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
47
watch · holding, pledge, alignment
Cash flow
89
strong · profit to cash conversion
Balance sheet
35
weak · leverage and solvency
Discipline
42
weak · capital discipline
Results
31
weak · quarterly consistency

Trust positives

  • Promoter holding is 68.5%.
  • Promoter holding increased 1.6%.
  • FCF yield is 26.6%.
  • 9 years of positive FCF.

Trust risks

  • Promoters have pledged 84.3% of holding.
  • Altman Z is 1.28.
  • 3 recent quarters had PAT decline worse than 25% YoY.
  • Debt/equity is 1.31.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Intrinsic value

Graham Number
₹23.22
+55.7% MoS
DCF Fair PE
42.0
DCF Fair Value
₹55.02
+81.3% MoS
PEG
0.35

Fundamentals

Valuation

P/E
7.83
P/B
0.56
EV/EBITDA
2.70
Market Cap
62.00Cr

Profitability

ROE
7.50%
ROCE
9.28%
ROA
2.37%
Dividend Y

Growth (CAGR)

Revenue 5Y
7.00%
EPS 5Y
19.00%
Revenue 3Y
2.00%
EPS 3Y
27.00%

Balance Sheet

Debt/Equity
1.31
Interest Coverage
2.46×
Altman Z
1.26
Book Value
18.30

Cash Flow

FCF Yield
29.45%
FCF Positive Y
9/5
OCF
41.32 Cr
EPS TTM
1.31

Shareholding

Promoter Hold
68.48%
Promoter Pledge
84.30%
Momentum 52W
28%

Financial History

Updated 9/6/2026

Revenue

₹ Cr
Latest: 98.5-2.4% vs prev
0131.3Mar 2017: 87.0Mar 2018: 84.3Mar 2019: 131Mar 2020: 127Mar 2021: 69.0Mar 2022: 85.3Mar 2023: 92.4Mar 2024: 93.0Mar 2025: 101Mar 2026: 98.5FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Net Profit

₹ Cr
Latest: 7.6-88.2% vs prev
-30.8064.6Mar 2017: -26.9Mar 2018: -14.6Mar 2019: 10.0Mar 2020: 29.9Mar 2021: -30.8Mar 2022: -28.0Mar 2023: -9.3Mar 2024: -8.2Mar 2025: 64.6Mar 2026: 7.6FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Return on Equity

%
Latest: 6.9-89.3% vs prev
-67.0064.5Mar 2017: -13.9%Mar 2018: -8.2%Mar 2019: 5.6%Mar 2020: 17.6%Mar 2021: -27.8%Mar 2022: -67.0%Mar 2023: -28.5%Mar 2024: -36.7%Mar 2025: 64.5%Mar 2026: 6.9%FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.