Future Enterprises Limited

A retail company with over 738 stores in 221 cities, offering hypermarket, supermarket, and home solutions.

1987 | Mumbai, Maharashtra (India) | Under Insolvency
Last Updated: January 16, 2025

Future Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 130.00 Cr
  • Paid Up Capital ₹ 98.86 Cr
  • Company Age 37 Year, 4 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 8,850.22 Cr
  • Satisfied Charges ₹ 28,500.71 Cr
  • Revenue Growth -75.04%
  • Profit Growth -263.92%
  • Ebitda -88.83%
  • Net Worth -29.11%
  • Total Assets -25.90%

About Future Enterprises

Future Enterprises Limited (FEL) is Under Cirp company established on 12 Oct 1987 with its office registered at Mumbai, Maharashtra, India and has been running since 37 Year, 4 Months with a paid up capital of 98.86 Cr. According to MCA records, 3 Directors are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    felindia.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L52399MH1987PLC044954

  • Company No.

    044954

  • Stock Symbol

    BSE : 570002 NSE : FELDVR

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Oct 1987

  • Date of AGM

    28 Sep 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Consumer Services
Infrastructure and Utilities

Who are the key members and board of directors at Future Enterprises?

Executive Team (1)

NameDesignationAppointment DateStatus
Vijay Biyani Country flag representing In Managing Director04-May-2016Current

Board Members (2)

NameDesignationAppointment DateStatus
Kishore Biyani Country flag representing In Director 01-Jun-1991Current
Bala Deshpande Country flag representing In Director 09-Aug-2001Current

Financial Performance of Future Enterprises.

Future Enterprises Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 75.04% decrease. The company also saw a substantial fall in profitability, with a 263.92% decrease in profit. The company's net worth observed a substantial decline by a decrease of 29.11%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-75.04%
Revenue from Operations
-78.06%
Total Assets
-25.90%
Profit or Loss
-263.92%
Net Worth
-29.11%
EBITDA
-88.83%

What is the Ownership and Shareholding Structure of Future Enterprises?

In 2021, Future Enterprises had a promoter holding of 24.72% and a public holding of 75.27%. The company had 7 Subsidiaries, 6 Joint Ventures and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8,850.22 Cr

Satisfied Charges

₹28,500.71 Cr

Charges Breakdown by Lending Institutions

  • Others : 5131.22 Cr
  • Axis Bank Limited : 2189.00 Cr
  • State Bank Of India : 800.00 Cr
  • Punjab National Bank : 300.00 Cr
  • Syndicate Bank : 200.00 Cr
  • Others : 230.00 Cr

Latest Charge Details

DateLenderAmountStatus
23 Apr 2021Others₹1,019.22 CrOpen
10 Dec 2020Axis Bank Limited₹15.00 CrOpen
12 May 2020Others₹15.00 CrOpen
10 Feb 2020Axis Bank Limited₹50.00 CrOpen
16 Oct 2019Axis Bank Limited₹150.00 CrOpen

How Many Employees Work at Future Enterprises?

Future Enterprises has a workforce of 750 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Future Enterprises, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Future Enterprises's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Future Enterprises

Recent activity within the organization

  • Charges

    A charge registered on 11 Oct 2019 via Charge ID 100298556 with Others was fully satisfied on 04 Jan 2022.

    04 Jan 2022

  • Charges

    A charge with Others of Rs. 102.00 Cr registered on 09 Jan 2017 with Charge ID 100071403 was modified on 30 Dec 2021.

    30 Dec 2021

  • Charges

    A charge registered on 29 Jan 2015 via Charge ID 10551754 with Ecl Finance Limited was fully satisfied on 30 Dec 2021.

    30 Dec 2021

  • Annual General Meeting

    Future Enterprises Limited last Annual general meeting of members was held on 28 Sep 2021 as per latest MCA records.

    28 Sep 2021

  • Charges

    A charge with Others amounted to Rs. 1,019.22 Cr with Charge ID 100440789 was registered on 23 Apr 2021.

    23 Apr 2021

  • Balance Sheet

    Future Enterprises Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.

    31 Mar 2021

Frequently asked questions

  • Future Enterprises Limited was incorporated on 12 Oct 1987.

  • The authorized share capital of Future Enterprises Limited is ₹ 130.00 Cr and paid-up capital is ₹ 98.86 Cr.

  • Currently 3 directors are associated with Future Enterprises Limited.

    • Kishore Laxminarayan Biyani
    • Vijay Laxminarayan Biyani
    • Bala C Deshpande
  • As per Ministry of Corporate Affairs (Mca), the registered address of Future Enterprises Limited is Knowledge House Shyam Nagar Off.Jogeshwari- Vikhroli Link Road Jogeshwari (E), India, Mumbai, Maharashtra, 400060.

  • The corporate identification number (CIN) of Future Enterprises Limited is L52399MH1987PLC044954 and the company number is 044954 as per Ministry of Corporate Affairs (MCA).

  • Yes, Future Enterprises Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): FELDVR.

  • The Official website of Future Enterprises Limited is https://www.felindia.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Future Enterprises Limited has fallen by -75.04%.

  • As Per 2021 financial reports, 750 employees are currently employed by Future Enterprises Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Future Enterprises Limited has experienced an downturn of -29.11%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Future Enterprises Limited amount to ₹ 8,850.22 Cr.

  • The most recent Balance Sheet for Future Enterprises Limited was filed with the ROC on 31 Mar 2021.

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