Future Retail Limited

Founded in 2007 and headquartered in Maharashtra, India.

2007 | Mumbai, Maharashtra (India) | Under Insolvency
Last Updated: January 17, 2025

Future Retail Profile

Key Indicators

  • Authorised Capital ₹ 2,500.00 Cr
  • Paid Up Capital ₹ 108.46 Cr
  • Company Age 17 Year, 11 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 19,979.56 Cr
  • Satisfied Charges ₹ 6,656.86 Cr
  • Revenue Growth -68.13%
  • Profit Growth -9497.25%
  • Ebitda -128.51%
  • Net Worth -71.98%
  • Total Assets -11.25%

About Future Retail

Future Retail Limited (FRL) is Under Cirp company established on 07 Feb 2007 with its office registered at Mumbai, Maharashtra, India and has been running since 17 Year, 11 Months with a paid up capital of 108.46 Cr. According to MCA records, 3 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L51909MH2007PLC268269

  • Company No.

    268269

  • Stock Symbol

    BSE : 540064 NSE : FRETAIL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Feb 2007

  • Date of AGM

    28 Sep 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Consumer Services

What products or services does Future Retail Limited offer?

Future Retail Limited offers a wide range of products and services, including Vending Machines & Dispensers, Mini Coffee Makers, Machines & Equipments, Industrial Washing Machine, Domestic Refrigerator, Under Counter Refrigerator, Filter Coffee Maker, Marketing Services & Consultants, Marketing Services, Dishwasher.

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

Board Members (3)

NameDesignationAppointment DateStatus
Kishore Biyani Country flag representing In Director 30-Apr-2016Current
Nishi Bhandari Country flag representing In Additional Director 21-Jul-2023Current
Priyanka Agarwal Country flag representing In Additional Director 21-Jul-2023Current

Financial Performance of Future Retail.

Future Retail Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 68.13% decrease. The company also saw a substantial fall in profitability, with a 9497.25% decrease in profit. The company's net worth observed a substantial decline by a decrease of 71.98%.

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
-68.13%
Revenue from Operations
-68.88%
Total Assets
-11.25%
Profit or Loss
-9497.25%
Net Worth
-71.98%
EBITDA
-128.51%

What is the Ownership and Shareholding Structure of Future Retail?

In 2021, Future Retail had a promoter holding of 20.57% and a public holding of 79.43%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19,979.56 Cr

Satisfied Charges

₹6,656.86 Cr

Charges Breakdown by Lending Institutions

  • Others : 13197.21 Cr
  • Bank Of India : 5750.00 Cr
  • Idbi Trusteeship Services Limited : 500.00 Cr
  • Uco Bank : 213.91 Cr
  • Indian Bank : 207.90 Cr
  • Others : 110.55 Cr

Latest Charge Details

DateLenderAmountStatus
26 Apr 2021Others₹5,866.37 CrOpen
26 Apr 2021Others₹630.00 CrOpen
29 Sep 2020Uco Bank₹7.41 CrOpen
03 Sep 2020Others₹200.00 CrOpen
29 Aug 2020Others₹30.70 CrOpen

How Many Employees Work at Future Retail?

Future Retail has a workforce of 24 employees as of Mar 25, 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 Retail, 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 Retail'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 Retail

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 5,866.37 Cr registered on 26 Apr 2021 with Charge ID 100438276 was modified on 12 Jun 2024.

    12 Jun 2024

  • Charges

    A charge with Others of Rs. 150.00 Cr registered on 27 Feb 2019 with Charge ID 100243450 was modified on 12 Jun 2024.

    12 Jun 2024

  • Director Appointment

    Nishi Bhandari was appointed as a Additional Director was appointed as a Additional Director on 21 Jul 2023 & has been associated with this company since 1 year 6 months .

    21 Jul 2023

  • Director Appointment

    Priyanka Agarwal was appointed as a Additional Director was appointed as a Additional Director on 21 Jul 2023 & has been associated with this company since 1 year 6 months .

    21 Jul 2023

  • Charges

    A charge with Others of Rs. 265.00 Cr registered on 28 Sep 2018 with Charge ID 100209028 was modified on 16 Dec 2022.

    16 Dec 2022

  • Annual General Meeting

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

    28 Sep 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Future Retail Limited was incorporated on 07 Feb 2007.

  • The authorized share capital of Future Retail Limited is ₹ 2,500.00 Cr and paid-up capital is ₹ 108.46 Cr.

  • Currently 3 directors are associated with Future Retail Limited.

    • Kishore Laxminarayan Biyani
    • Nishi Bhandari
    • Priyanka Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Future Retail Limited is 2Nd Floor Future Group Office Sobo Brand Factory Pt. Madan Mohan Malviya Marg Cross Road Haitardeo, India, Mumbai, Maharashtra, 400034.

  • The corporate identification number (CIN) of Future Retail Limited is L51909MH2007PLC268269 and the company number is 268269 as per Ministry of Corporate Affairs (MCA).

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

  • The Official website of Future Retail Limited is https://www.futureretail.co.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Future Retail Limited has fallen by -68.13%.

  • As Per 2021 financial reports, 24 employees are currently employed by Future Retail Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Future Retail Limited has experienced an downturn of -71.98%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Future Retail Limited amount to ₹ 19,979.56 Cr.

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

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