---
title: "Future Enterprises Ltd (FEL) — Share Price, Financials & Analysis"
symbol: "FEL"
company: "Future Enterprises Ltd"
canonical: "https://tapetide.com/stocks/FEL"
isin: "INE623B01027"
nse_symbol: "FEL"
bse_code: "523574"
sector: "Retail"
industry: "Diversified Retail"
market_cap_cr: 8.43
generated_at: "2026-09-13T21:37:07.175Z"
---

# Future Enterprises Ltd (FEL)

Canonical page: https://tapetide.com/stocks/FEL

## Company

- **NSE Symbol:** FEL
- **BSE Code:** 523574
- **ISIN:** INE623B01027
- **Sector:** Retail
- **Industry:** Diversified Retail
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2001-11-09
- **CEO:** Mr. Vijay Laxminarayan Biyani
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** felindia.in

## About

Incorporated in 1987, Future Enterprises Ltd is in the business of manufacturing, trading and leasing of assets[1]

## Latest Price

- **Price:** ₹0.37
- **Change:** 0 (0%)
- **Open:** ₹0.37
- **Day High:** ₹0.38
- **Day Low:** ₹0.37
- **Previous Close:** ₹0.37
- **Volume:** 265359
- **As Of:** 2026-09-11T10:01:36+00:00

## Key Fundamentals

Observed at 2026-09-11T04:33:30.767830Z.

- **Market Cap:** ₹8.43 Cr
- **Classification:** Microcap
- **P/E (reported):** 0
- **Book Value:** ₹36.24
- **Price to Book:** 0.15
- **Dividend Yield:** 0%
- **ROE:** 0%
- **ROCE:** 0%
- **52-Week High:** ₹3.74
- **52-Week Low:** ₹2.07
- **RSI (14):** 37.27

## Tapetide Score

- **Score:** 40 / 100
- **Score date:** 2026-09-04
- **Archetype:** No Dominant Pattern
- **What it means:** The three pillars do not combine into a recognisable pattern. Read them individually rather than looking for one story — the lack of a pattern is itself the finding.
- **Pillar profile:** Quality: Average · Valuation: Cheap · Momentum: Falling
- **Percentile:** 14.5 (of 4473 scored stocks)
- **Confidence:** 88%
- **Data coverage:** 76%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 16.07 | 9% |
| growth | 1.1 | 9% |
| momentum | 49.24 | 12% |
| ownership | 50 | 24% |
| quality | 55.18 | 22% |
| valuation | 62.4 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Debtor days have improved from 435 to 105 days.

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -52.2% over past five years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| ebitda margin growth | 32.13% | — | — | — |
| net income growth | 4.38% | 54% | — | — |
| revenue growth | -14.07% | -93% | -70% | -52% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 67 | 117 | 324 | 379 | 290 | 514 | 388 | 322 | 62 | 24 | 11 | 8 |
| Expenses | 60 | 92 | 292 | 318 | 259 | 493 | 369 | 671 | 77 | 32 | 19 | 1342 |
| Operating Profit | 7 | 25 | 32 | 60 | 31 | 22 | 19 | -350 | -15 | -8 | -8 | -1334 |
| OPM % | 11 | 22 | 10 | 16 | 11 | 4.2 | 4.8 | -109 | -25 | -32 | -74 | -16906 |
| Other Income | 115 | 13 | 5 | 0 | 5 | 7 | 5 | -856 | 1040 | 0 | 4 | 1 |
| Interest | 175 | 175 | 185 | 183 | 179 | 154 | 172 | 177 | 3 | 4 | 4 | 3 |
| Depreciation | 226 | 121 | 132 | 130 | 133 | 133 | 131 | 127 | 86 | 86 | 86 | 86 |
| Profit before tax | -279 | -258 | -280 | -252 | -276 | -259 | -280 | -1510 | 935 | -98 | -94 | -1422 |
| Tax % | 0 | 0 | 0 | -7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -279 | -258 | -280 | -234 | -276 | -259 | -280 | -1510 | 935 | -98 | -94 | -1422 |
| EPS in Rs | -6.14 | -5.67 | -6.15 | -5.14 | -6.07 | -5.69 | -6.15 | -33.19 | 20.56 | -2.15 | -2.06 | -31.26 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 15m | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 11577 | 10342 | 8358 | 3782 | 4185 | 4566 | 4043 | 887 | 1514 | 105 |
| Expenses | 10482 | 9183 | 7313 | 2795 | 3087 | 3233 | 2900 | 751 | 1792 | 1470 |
| Operating Profit | 1095 | 1159 | 1045 | 987 | 1097 | 1333 | 1144 | 136 | -279 | -1365 |
| OPM % | 9 | 11 | 12 | 26 | 26 | 29 | 28 | 15 | -18 | -1306 |
| Other Income | 3 | 84 | 25 | 198 | 151 | 22 | 27 | 123 | -839 | 1046 |
| Interest | 693 | 669 | 497 | 508 | 568 | 583 | 636 | 717 | 682 | 15 |
| Depreciation | 404 | 513 | 547 | 633 | 698 | 769 | 861 | 610 | 524 | 343 |
| Profit before tax | 1 | 61 | 27 | 44 | -19 | 2 | -325 | -1068 | -2325 | -678 |
| Tax % | -121 | -21 | 21 | 0 | -35 | -972 | -11 | -2 | 0 | 0 |
| Net Profit | 3 | 74 | 21 | 44 | -12 | 24 | -288 | -1050 | -2325 | -678 |
| EPS in Rs | 0.08 | 1.91 | 0.55 | 1 | -0.27 | 0.53 | -6.34 | -23.08 | -51.1 | -14.9 |
| Dividend Payout % | 495 | 34 | 20 | 22 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 46 | 83 | 86 | 95 | 99 | 99 | 99 | 99 | 99 | 99 |
| Reserves | 3205 | 5115 | 3377 | 3715 | 3812 | 3860 | 3532 | 2475 | 152 | -527 |
| Borrowings | 6268 | 4823 | 4825 | 5096 | 5731 | 6441 | 5920 | 6343 | 7005 | 5396 |
| Other Liabilities | 1932 | 2596 | 1349 | 1328 | 1261 | 1670 | 4203 | 1275 | 742 | 727 |
| Total Liabilities | 11451 | 12616 | 9637 | 10233 | 10903 | 12070 | 13753 | 10191 | 7997 | 5695 |
| Fixed Assets | 4340 | 4832 | 5279 | 5848 | 6439 | 7001 | 7492 | 4027 | 3457 | 3102 |
| CWIP | 364 | 275 | 420 | 386 | 583 | 522 | 624 | 92 | 0 | 0 |
| Investments | 1350 | 1295 | 1417 | 1404 | 1121 | 1152 | 1278 | 1203 | 1028 | 801 |
| Other Assets | 5398 | 6215 | 2520 | 2594 | 2760 | 3394 | 4359 | 4869 | 3513 | 1792 |
| Total Assets | 11451 | 12616 | 9637 | 10233 | 10903 | 12070 | 13753 | 10191 | 7997 | 5695 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -72 | 966 | 979 | 782 | 862 | 1089 | 2826 | -3368 | 232 | 1072 |
| Cash from Investing Activity | -1752 | -793 | -1307 | -664 | -1034 | -1271 | -1540 | 3556 | 19 | 552 |
| Cash from Financing Activity | 1889 | -226 | 341 | -140 | 157 | 178 | -1297 | -160 | -280 | -1625 |
| Net Cash Flow | 65 | -53 | 13 | -22 | -15 | -5 | -12 | 28 | -29 | -2 |
| Free Cash Flow | -2743 | 5 | -238 | -420 | -657 | -187 | 1357 | 124 | 223 | 1083 |
| CFO/OP | -5 | 85 | 97 | 72 | 77 | 78 | 244 | -2523 | -84 | -78 |

### Ratios

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 10 | 14 | 11 | 35 | 43 | 43 | 137 | 849 | 350 | 105 |
| Inventory Days | 134 | 174 | 52 | 119 | 135 | 150 | 162 | 607 | 85 | 76 |
| Days Payable | 53 | 101 | 39 | 65 | 60 | 79 | 126 | 411 | 156 | 374 |
| Cash Conversion Cycle | 91 | 87 | 24 | 89 | 117 | 113 | 172 | 1044 | 279 | -193 |
| Working Capital Days | 37 | 52 | 35 | 122 | 112 | 98 | -144 | 36 | -1174 | -20353 |
| ROCE % | 9 | 7 | 6 | 5 | 5 | 6 | 3 | -5 | -10 | -11 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 72.22% | 72.22% | 72.22% | 72.22% | 72.22% | 72.22% | 72.22% | 72.22% | 72.22% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.21% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 25.36% | 25.61% | 25.66% | 22.07% | 21.43% | 25.24% | 25.3% | 25.26% | 25.3% |
| Others | 2.21% | 2.17% | 2.12% | 5.71% | 6.35% | 2.53% | 2.48% | 2.52% | 2.48% |
| No. of Shareholders | 18263 | 18500 | 18041 | 18847 | 20071 | 20027 | 19826 | 19832 | 19690 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 3 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 0.38 | Sell |
| EMA (10) | 0.38 | Sell |
| SMA (20) | 0.39 | Sell |
| EMA (20) | 0.38 | Sell |
| SMA (50) | 0.38 | Sell |
| EMA (50) | 0.39 | Sell |
| SMA (100) | 0.41 | Sell |
| EMA (100) | 0.4 | Sell |
| SMA (200) | 0.43 | Sell |
| EMA (200) | 0.43 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 37.7 | Neutral |
| MACD (12,26,9) | 0 | Sell |
| Stochastic (14,3,3) | 8.33 | Buy |
| ADX (14) | 15.18 | Neutral |
| Williams %R (14) | -100 | Buy |
| ATR (14) | 0.01 | Neutral |
| ROC (12) | -5.13 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 29.51 | Buy |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-04 | [Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3aded75c-0989-44b0-afeb-be5000f7e54b.pdf) |
| 2026-08-05 | [Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b650cd1b-c89a-48ed-8b47-9ff749fc6ed6.pdf) |
| 2026-08-05 | [Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=50259528-ed81-4b79-ad67-a5b41c24c561.pdf) |
| 2026-04-10 | [Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8db14238-9402-439b-bc00-64ca70a74ce0.pdf) |
| 2026-04-10 | [Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8c4d1ca3-61c8-4d97-b9d7-954d8d4d125d.pdf) |
| 2026-02-09 | [Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a015878c-2395-4111-9db2-6b7324ff4458.pdf) |
| 2026-02-09 | [Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4ea65706-1ffd-4e1d-bb75-5d879ca0ed2f.pdf) |
| 2026-02-09 | [Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=49903d0b-1e0d-4375-9a99-1a6372ff5a85.pdf) |
| 2026-02-09 | [Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ed7042b3-fa5b-4c66-a2f3-96bcdf47e514.pdf) |
| 2025-11-11 | [Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=976e1bda-d2a3-428f-a5a4-d2c7d0a075e2.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Feb - Future Enterprises' 40th CoC meeting scheduled 11 Feb 2026 at 3:00 PM. | [Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors 9 Feb - Future Enterprises' 40th CoC meeting scheduled 11 Feb 2026 at 3:00 PM.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4ea65706-1ffd-4e1d-bb75-5d879ca0ed2f.pdf) |
| 9 Feb - Fortieth Committee of Creditors meeting for Future Enterprises on 11 February 2026 at 3:00 PM. | [Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors 9 Feb - Fortieth Committee of Creditors meeting for Future Enterprises on 11 February 2026 at 3:00 PM.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a015878c-2395-4111-9db2-6b7324ff4458.pdf) |
| 9 Feb - Fortieth Committee of Creditors meeting for Future Enterprises on 11 Feb 2026 at 3:00 PM. | [Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors 9 Feb - Fortieth Committee of Creditors meeting for Future Enterprises on 11 Feb 2026 at 3:00 PM.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/49903d0b-1e0d-4375-9a99-1a6372ff5a85.pdf) |
| 9 Feb - Fortieth Committee of Creditors meeting for Future Enterprises on 11 Feb 2026 at 3:00 PM. | [Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors 9 Feb - Fortieth Committee of Creditors meeting for Future Enterprises on 11 Feb 2026 at 3:00 PM.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ed7042b3-fa5b-4c66-a2f3-96bcdf47e514.pdf) |
| 11 Nov 2025 - Thirty-ninth CoC meeting for Future Enterprises on 13 Nov 2025 at 11:00 AM. | [Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors 11 Nov 2025 - Thirty-ninth CoC meeting for Future Enterprises on 13 Nov 2025 at 11:00 AM.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/529b2eb0-c6bc-4347-a9e0-6d91b4fec116.pdf) |
| 10 Apr - Future Enterprises’ CoC meeting scheduled for 13 April 2026 at 4:30 PM. | [Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors 10 Apr - Future Enterprises’ CoC meeting scheduled for 13 April 2026 at 4:30 PM.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8db14238-9402-439b-bc00-64ca70a74ce0.pdf) |
| 10 Apr - Future Enterprises’ CoC meeting scheduled for 13 April 2026 at 4:30 PM. | [Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors 10 Apr - Future Enterprises’ CoC meeting scheduled for 13 April 2026 at 4:30 PM.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8c4d1ca3-61c8-4d97-b9d7-954d8d4d125d.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2024-04-05 | [Results-Delay in Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=02e7843d-f816-4cc0-851f-45b5c753aa66.pdf) |
| 2024-04-05 | [Results-Delay in Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e8817ff6-9e8a-41fd-bd1a-0a2f5b8cf219.pdf) |
| 2024-04-05 | [Results-Delay in Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3616caf8-2c2b-4b37-a77e-29a8f735798e.pdf) |
| 2024-04-05 | [Results-Delay in Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=52a7a924-3577-4238-b07d-320f09d2f17a.pdf) |
| 2024-04-05 | [Results-Delay in Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=844f5165-1de9-42dc-b582-b1f383fd859b.pdf) |
| 2024-04-05 | [Results-Delay in Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c5f56759-e9e5-4973-894a-24a684d530aa.pdf) |
| 2024-04-05 | [Results-Delay in Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0fd17bd4-d837-45bb-b8b4-ec3705a7a906.pdf) |
| 2024-04-05 | [Results-Delay in Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b05bf6cb-284d-4166-81ea-6c15e71a0582.pdf) |
| 2022-09-14 | [Audited Financial Results For The Quarter And Year Ended On 31St March 2022 And Auditors' Report Thereon](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2230ef2d-3782-427a-9da3-769c14444d8f.pdf) |
| 2022-02-14 | [Result For Third Quarter And Nine Months Ended 31 December, 2021](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=72b4cabb-2bb4-4e2e-b381-25cfb64e43af.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2011 from nse](https://archives.nseindia.com/annual_reports/AR_PANTALOONR_2010_2011_16122011102424.zip) |
| from nse | [Annual Report 2010 from nse](https://archives.nseindia.com/annual_reports/AR_PANTALOONR_2009_2010_10112010120000.zip) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/523574/71430523574.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/523574/67958523574.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/523574/5235740319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/523574/5235740318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/523574/5235740317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/523574/5235740316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/523574/5235740315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/523574/5235740314.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Aug 2020 | [Concall - Aug 2020](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=661b7d66-4e0b-4d76-b071-ce610576d178.pdf) |
| Aug 2020 | [Concall - Aug 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/661b7d66-4e0b-4d76-b071-ce610576d178.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T21:37:07.175Z.