Future Market Networks Limited
FMNL · NSE · Real Estate
StocksWizard rates Future Market Networks Limited a Sell, scoring 40/100 on our blended model. At ₹10.41 it trades below our blended DCF and relative-multiples fair value of ₹20.82, implying roughly 100% upside to that estimate — we read the stock as undervalued by 100%. Financial health scores 19/100 (grade F), with a Piotroski F-score of 3/9. It clears 5 of 11 investability checks, with durability 28, valuation 100 and momentum 69 on our 0–100 scales.
These are StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹16.66. Low-confidence estimate — limited data.
Piotroski F-score 3/9 — quality of earnings & balance sheet.
Investability checklist
- ✕ROE above 15%7.3%
- ✕Low debt (D/E < 0.5)1.30x
- ✓Positive free cash flow
- ✕Revenue growth > 10%6%
- –Earnings growing
- ✕Net margin ≥ 10%7.9%
- ✕Current ratio > 1.50.93
- ✓Below our fair value
- ✓Margin of safety ≥ 20%
- ✓Above 200-day average
- ✓Above 50-day average
- –Positive 1-year return
- –Altman Z in safe zone
- ✕Piotroski ≥ 73/9
1-year price
EOD · 2026-06-19Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Shareholding
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
SWOT snapshot
Weaknesses
- •Low return on equity (7.3%).
- •High debt relative to equity.
- •Weak Piotroski score (3/9).
Opportunities
- •Trading in our value buy zone versus sector peers.
- •Well off its 52-week high — possible mean-reversion.
- •Trades ~100% below our estimated fair value.
About Future Market Networks Limited
Future Market Networks Limited, together with its subsidiaries, engages in organizing of wholesale, trade, retail, and logistics infrastructure projects in India. The company also manages and operates shopping infrastructures and retail spaces; develops large-scale warehouses; and provides mall management business. The company was formerly known as Agre Developers Limited and changed its name to Future Market Networks Limited in February 2012
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All stocksOur verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.