Future Consumer share price

BSE: 533400Retailing

Future Consumer Limited · Formerly Future Consumer Enterprise · Face value ₹6 · Listed May 2011

Trading suspended since 1 Sep 2026

Last traded ₹0.22 on 31 Aug 2026

Latest announcements

Routine notices left out.

Oct 2026
- 26 Oct · Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors
  Intimation of postponement of meeting of committee of creditors
- 26 Oct · Corporate Insolvency Resolution Process
  Postponement of meeting of creditors
- 22 Oct · Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors
  Intimation of meeting of Committee of creditors
- 22 Oct · Corporate Insolvency Resolution Process
  Meeting of Committee of creditors
- 21 Oct · Results
  Reason_delay in financial results
- 7 Oct · Corporate Insolvency Resolution Process
  Corrigendum to Form G

Q3 results, quarter to Dec 2025

Consolidated: the company and its subsidiaries together. ₹ crore.

Revenue: ₹115 Cr+1.2% on a year ago · +7.3% on the quarter before
Operating profit: −₹1.36 Cr
Net profit: −₹28 Cr
Earnings per share: −₹0.14
Operating margin: −1.2%
Net margin: −24.1%

From revenue to net profit, ₹ crore

Revenue115
Materials and goods−97
Employee costs−7.7
Other expenses−12
Operating profit−1.4
Depreciation−5.3
Other income+3.8
One-off items−0.3
Finance costs−25
Profit before tax−28
Tax+0.2
Net profit−28

Future Consumer results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Dec 2025. Results for the quarter to Mar 2026 were due by 30 May 2026, 60 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by quarter, ₹ crore

Revenue
Net profit
Loss

Peak revenue ₹116 Cr, quarter to Mar 2025; lowest ₹85 Cr, quarter to Mar 2023A loss in the quarter to Dec 2025, −₹28 Cr

Operating and net margin by quarter, per cent

Operating margin
Net margin

₹ crore	Mar 2021	Jun 2021Q1	Sep 2021	Dec 2021Q3	Mar 2022	Jun 2022Q1	Sep 2022	Dec 2022Q3	Mar 2023	Jun 2023Q1	Sep 2023	Dec 2023Q3	Mar 2024	Jun 2024Q1	Sep 2024	Dec 2024Q3	Mar 2025Q4	Jun 2025Q1	Sep 2025Q2	Dec 2025Q3
Revenue from operations	386	306	450	451	263	104	100	91	85	89	90	98	94	106	105	114	116	112	107	115
	472	310	445	468	506	144	114	110	93	96	92	101	101	107	106	114	123	118	114	117
Materials and goods bought	337	267	392	390	240	111	87	80	71	75	74	83	79	90	89	96	99	95	91	97
Employee costs	16	15	14	14	12	10	8	9	7	7	6	6	6	6	7	5	7	7	7	8
Other expenses	120	29	39	64	254	22	18	21	15	14	12	12	16	11	11	12	16	17	16	12
Operating profit before depreciation	−86	−5	5	−17	−243	−39	−13	−18	−8	−7	−3	−4	−7	−1	−1	0	−7	−6	−6	−1
Operating margin	−22.3%	−1.5%	1.0%	−3.8%	−92.6%	−37.7%	−13.3%	−19.9%	−8.9%	−8.2%	−3.0%	−3.7%	−7.6%	−0.7%	−0.7%	0.2%	−6.2%	−5.2%	−5.9%	−1.2%
Depreciation and amortisation	14	13	13	13	13	11	9	7	6	5	5	4	4	4	4	4	4	5	5	5
Other income	6	9	4	3	4	6	8	6	5	4	7	4	7	4	16	8	5	9	9	4
Finance costs	14	17	16	15	15	13	13	13	14	14	14	14	20	15	15	15	16	34	15	25
Profit before one-off items and tax	−107	−26	−21	−41	−267	−58	−28	−32	−22	−22	−14	−17	−24	−16	−4	−11	−22	−35	−17	−28
One-off items	−7	0	0	0	−74	−29	−115	−8	−34	−3	−59	0	5	0	7	−3	−3	5	50	0
Profit before tax	−115	−26	−21	−41	−341	−87	−143	−40	−56	−26	−73	−17	−18	−16	3	−15	−25	−30	33	−28
	38	0	0	0	−1	5	−2	1	2	−2	0	0	0	0	0	0	–	0	18	0
Current tax	−1	0	0	0	−1	6	−2	1	−1	0	0	0	0	0	0	0	–	0	−1	0
Deferred tax	40	0	0	0	0	0	0	0	2	−2	0	0	0	0	0	−1	–	0	20	0
Tax rate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	17.7%	–	–	–	55.8%	–
Share of profit of joint ventures and associates	−2	−6	−5	−5	−6	−2	−1	0	1	0	1	0	−2	0	0	0	7	11	–	–
	−155	−32	−25	−47	−346	−95	−142	−41	−56	−24	−73	−17	−21	−16	2	−14	−18	−18	15	−28
Belonging to the company's shareholders	−155	−32	−25	−46	−346	−95	−142	−41	−56	−24	−73	−17	−24	−16	2	−14	−18	−19	15	−28
Belonging to outside owners of subsidiaries	0	0	0	0	0	–	0	–	0	0	0	0	4	0	0	0	0	0	0	0
Other comprehensive income	1	0	0	0	0	0	0	0	1	0	0	0	0	0	0	0	0	0	0	0
Total comprehensive income	−154	−32	−25	−47	−346	−95	−142	−41	−56	−24	−73	−17	−21	−16	2	−14	−18	−18	15	−28
Net margin	−40.2%	−10.3%	−5.7%	−10.3%	−131.9%	−91.2%	−141.6%	−45.1%	−66.3%	−27.5%	−80.9%	−17.5%	−22.0%	−14.8%	1.9%	−12.4%	−15.2%	−16.4%	13.6%	−24.1%
Net margin without joint ventures and associates	−39.6%	−8.4%	−4.6%	−9.2%	−129.4%	−89.1%	−140.3%	−44.7%	−67.7%	−27.0%	−81.7%	−17.1%	−19.4%	−15.0%	2.2%	−12.5%	−21.2%	−26.5%	–	–
Earnings per share	−₹0.79	−₹0.16	−₹0.13	−₹0.23	−₹1.75	−₹0.48	–	−₹0.21	−₹0.28	−₹0.11	−₹0.37	−₹0.09	−₹0.10	–	₹0.01	−₹0.07	−₹0.09	−₹0.09	₹0.07	−₹0.14
Diluted earnings per share	−₹0.79	−₹0.16	−₹0.13	−₹0.23	−₹1.75	−₹0.48	–	−₹0.21	−₹0.28	−₹0.11	−₹0.07	−₹0.09	−₹0.10	–	₹0.01	−₹0.07	−₹0.09	−₹0.09	₹0.07	−₹0.14

Earnings per share in rupees, restated for later splits and bonuses.

10 years at a glance

Consolidated: the company and its subsidiaries together. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

Revenue
Net profit
Borrowings
Loss

Peak revenue ₹4,040 Cr, year to Mar 2020; lowest ₹370 Cr, year to Mar 2024A loss in 10 of the 10 years shown

Operating and net margin, per cent

From Apr 2019 leases sit on the balance sheet: rent is charged as depreciation and interest instead, so operating profit and total assets step up with nothing about the business having changed. Borrowings here leave lease liabilities out.

Results for the year to Mar 2025

Consolidated: the company and its subsidiaries together. ₹ crore.

From revenue to net profit

Revenue441
Materials and goods−375
Employee costs−25
Other expenses−50
Operating profit−8.5
Depreciation−16
Other income+32
One-off items+0.7
Finance costs−61
Profit before tax−52
Joint ventures+6.8
Net profit−45

What the company owns

Plant, investments and other assets₹507 Cr
Inventory₹36 Cr
Cash and bank₹14 Cr
Receivables₹13 Cr
Current investments₹0 Cr

What pays for it: net worth and liabilities

Borrowings₹399 Cr
Owed to suppliers₹95 Cr
Other liabilities₹76 Cr

Profit and loss

Consolidated, ₹ crore, years to March. The last column is the twelve months to Dec 2025, the latest four quarters added.

₹ crore	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Dec 2025Twelve months
Revenue from operations	1,758	2,116	3,005	3,881	4,040	1,185	1,469	381	370	441	450
	1,777	2,106	–	3,780	3,995	1,470	1,729	460	390	449	471
Materials and goods bought	1,476	1,823	2,597	3,356	3,519	1,086	1,288	349	311	375	382
Employee costs	108	98	–	131	120	63	54	34	25	25	29
Other expenses	194	185	–	293	356	321	386	77	55	50	60
Operating profit before depreciation	−20	10	–	101	45	−285	−260	−78	−21	−9	−21
Operating margin	−1.1%	0.5%	–	2.6%	1.1%	−24.1%	−17.7%	−20.6%	−5.6%	−1.9%	−4.6%
Materials, % of revenue	84.0%	86.2%	–	86.5%	87.1%	91.7%	87.7%	91.5%	84.1%	85.0%	84.9%
Employee costs, % of revenue	6.1%	4.6%	–	3.4%	3.0%	5.3%	3.7%	8.9%	6.8%	5.6%	6.3%
Other expenses, % of revenue	11.0%	8.7%	–	7.5%	8.8%	27.1%	26.3%	20.1%	14.8%	11.3%	13.4%
Depreciation and amortisation	60	33	–	53	70	58	52	32	18	16	19
Operating profit after depreciation	−80	−23	–	48	−25	−344	−312	−111	−39	−24	−40
Other income	23	25	33	31	26	21	21	25	23	32	27
Finance costs	61	45	53	73	87	72	63	53	61	61	90
Profit before one-off items and tax	−118	−43	−12	6	−86	−395	−354	−140	−77	−53	−102
One-off items	−5	0	0	0	−85	−43	−74	−187	−57	1	53
Profit before tax	−123	−43	−12	6	−171	−438	−428	−326	−134	−52	−49
	0	1	−2	−17	−2	21	−1	6	−2	–	–
Current tax	–	–	0	2	3	−1	0	4	1	–	–
Deferred tax	–	–	−3	−19	−5	22	−1	2	−2	–	–
Share of profit of joint ventures and associates	−1	−22	−22	−29	−47	−25	−22	−3	−3	7	18
	−113	−61	−31	−7	−217	−483	−450	−335	−135	−45	−49
Belonging to the company's shareholders	−113	−61	−31	−6	−216	−483	−450	−335	−138	−45	−49
Belonging to outside owners of subsidiaries	–	–	–	−1	−1	0	0	0	4	0	0
Other comprehensive income	–	–	–	0	−1	2	0	0	−1	0	0
Total comprehensive income	–	–	–	−7	−217	−482	−450	−335	−135	−46	−49
Net margin	−6.4%	−2.9%	−1.0%	−0.2%	−5.4%	−40.8%	−30.6%	−87.9%	−36.4%	−10.3%	−10.9%
Net margin without joint ventures and associates	−6.4%	−1.9%	−0.3%	0.6%	−4.2%	−38.7%	−29.1%	−87.2%	−35.7%	−11.9%	–

Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2018: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given. Tax is left blank for the year to Mar 2025: profit before tax less the tax charge stated does not come to the profit after tax the same statement states, so the tax charge is not shown.

Balance sheet

Consolidated, ₹ crore, at 31 March. The last column is the half year to Sep 2025, after the latest full year: the balance sheet at its end.

₹ crore	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025Half year
	988	1,054	592	150	−184	−306	−298	−302
	990	1,054	592	150	−184	−306	−298	−302
Share capital	1,144	1,145	1,184	1,190	1,192	1,196	1,198	1,198
Reserves	−154	−90	−592	−1,040	−1,376	−1,502	−1,496	−1,501
Belonging to outside owners of subsidiaries	−2	0	0	0	0	0	–	1
	759	610	535	577	409	409	399	403
Repayable after a year	278	294	207	180	0	0	0	0
Repayable within a year	482	315	329	397	409	409	399	403
	912	803	932	811	656	657	784	750
Trade payables	300	309	199	117	52	39	95	89
Other financial liabilities	90	117	133	35	54	91	160	200
Other liabilities	27	53	261	254	137	117	127	55
Provisions	13	8	10	8	4	2	3	3
	370	380	290	261	18	1	85	104
Other financial liabilities	6	9	10	12	0	1	29	31
Other liabilities	38	34	34	31	15	–	22	21
Provisions	7	8	4	3	1	0	3	3
Deferred tax	41	35	35	34	1	–	30	49
Liabilities going with businesses held for sale	–	–	–	–	–	155	–	–
	2,269	2,238	1,813	1,223	490	508	570	552
Held for sale or for a demerger	–	120	157	157	270	381	5	5
	1,134	963	878	777	159	108	482	450
Plant in use, after depreciation	582	512	430	410	38	5	173	–
Plant being built	31	36	9	9	0	–	3	–
Intangible assets	214	194	171	157	18	0	72	68
Goodwill	142	69	69	69	3	0	36	3
Property held to earn rent	7	7	7	7	4	4	0	0
Investments	73	66	65	8	5	0	8	8
Loans given	21	5	73	52	54	49	50	52
Other financial assets	8	9	21	35	25	33	37	126
Deferred tax	19	23	0	0	–	–	0	0
Other assets	37	43	34	31	14	17	102	15
	1,135	1,154	778	288	60	20	83	97
Inventories	247	166	57	79	30	2	36	42
Trade receivables	675	763	628	149	3	0	13	15
Cash and cash equivalents	56	48	37	28	14	7	12	5
Other bank balances	13	11	11	0	2	3	2	5
Current investments	0	0	0	0	0	0	0	0
Loans given	47	60	5	0	0	0	0	7
Other financial assets	71	80	15	12	2	0	7	7
Other assets	27	26	26	20	11	8	14	17
Net debt	691	551	488	550	394	399	385	393

Borrowings are counted again inside the liabilities due within a year and after a year. Plant in use and plant being built are given for full years only. No balance sheet is on record for the years to Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Consolidated, ₹ crore, years to March. The last column is the half year to Sep 2025, after the latest full year: the cash flow over its six months.

₹ crore	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025Half year
	95	119	40	1	6	7
	92	110	36	−1	−1	6
	175	125	91	2	−4	7
Receivables	−38	249	46	−2	−22	−4
Inventories	109	−22	40	0	−5	−5
Payables	−94	−83	−16	10	22	−6
Other working capital	197	−19	22	−5	1	22
Tax paid	3	9	4	2	7	1
Capital spending	6	9	3	1	2	2
Free cash flow	90	110	37	0	4	4
	−16	6	94	10	19	−8
Plant and property sold	2	22	93	1	23	0
Interest received	3	1	1	1	0	1
	−91	−134	−148	−18	−22	−7
Borrowings raised	0	−34	0	0	0	0
Borrowings repaid	−37	−45	−114	0	−22	0
Interest paid	−49	−49	−28	−17	−6	−1
Lease payments	−6	−6	−5	0	6	−5
Dividends paid	0	0	0	0	0	0
Shares bought back	0	0	0	0	0	0
Shares issued	0	0	0	0	0	0
Net change in cash	−11	−9	−14	−7	4	−8

Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2016, Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Consolidated, ₹ per share, years to March.

₹ per share	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Earnings per share	−₹0.34	–	−₹0.03	−₹1.13	−₹2.45	−₹2.27	–	−₹0.23	−₹0.23
Diluted earnings per share	−₹0.34	–	−₹0.03	−₹1.13	−₹2.45	−₹2.27	–	−₹0.23	−₹0.23
Book value per share	–	–	–	₹5.53	₹3.00	₹0.76	−₹0.92	−₹1.53	−₹1.49
Shareholder yield	–	–	–	–	0.0%	0.0%	−0.1%	0.0%	−0.4%
Market cap at the year end (₹ crore)	–	–	8,556	1,393	1,184	909	100	150	102

Earnings per share is left blank for the year to Mar 2023: the earnings per share is stated as 0 while the period's profit or loss comes to at least half a paisa a share, so the 0 stands in for a figure the filing does not give.

Ratios

Consolidated, years to March.

Ratio	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Revenue growth	20.4%	42.0%	29.1%	4.1%	−70.7%	24.0%	−74.1%	−3.0%	19.2%
Operating profit growth	–	–	–	−55.0%	–	–	–	–	–
	–	–	−0.6%	−21.1%	−58.7%	–	–	–	–
	–	–	–	−20.5 pts	−37.6 pts	–	–	–	–
From the net margin	–	–	–	−20.3 pts	−140.2 pts	–	–	–	–
From asset turnover	–	–	–	−1.0 pts	108.7 pts	–	–	–	–
From borrowing	–	–	–	0.8 pts	−6.1 pts	–	–	–	–
Return on capital employed	–	–	2.7%	−1.5%	−30.5%	–	–	–	−24.1%
Interest cover	–	–	0.6	–	–	–	–	–	–
Debt to equity	–	–	0.77	0.58	0.90	–	–	–	–
Receivable days	–	–	63	69	194	–	–	–	10
Inventory days	–	–	27	17	19	–	–	–	35
Payable days	–	–	33	32	67	–	–	–	92
Cash conversion cycle, days	–	–	58	54	146	–	–	–	−46
Working capital days	–	–	60	55	39	–	–	–	−261
Asset turnover	–	–	1.71	1.79	0.58	–	–	–	–
Assets per rupee of net worth	–	–	2.29	2.20	2.46	–	–	–	–
Sales per rupee of plant	–	–	6.67	7.90	2.76	3.59	10.09	74.11	2.55
Capital spending to depreciation	–	–	–	–	0.10	0.18	0.09	0.08	0.13
Plant being built, % of plant in use	–	–	5.3%	7.0%	2.1%	2.2%	0.0%	–	1.9%

Interest cover is left blank for the years to Mar 2016, Mar 2017, Mar 2020, Mar 2021, Mar 2022, Mar 2023, Mar 2024 and Mar 2025: operating profit after depreciation is a loss, and a loss covers no interest bill. Return on equity, asset turnover and assets per rupee of net worth are left blank for the years to Mar 2022, Mar 2023, Mar 2024 and Mar 2025: a tenth or more of the assets on the balance sheet it is worked from are held for sale or for a demerger, so it would mix the business being kept with the part that is leaving. Change in return on equity, from the net margin, from asset turnover and from borrowing are left blank for the years to Mar 2022, Mar 2023, Mar 2024 and Mar 2025: a tenth or more of the assets on the balance sheet it is worked from are held for sale or for a demerger, so it would mix the business being kept with the part that is leaving. Debt to equity, receivable days, inventory days, payable days, cash conversion cycle, days, return on capital employed and working capital days are left blank for the years to Mar 2022, Mar 2023 and Mar 2024: a tenth or more of the assets on the balance sheet it is worked from are held for sale or for a demerger, so it would mix the business being kept with the part that is leaving. Debt to equity is left blank for the year to Mar 2025: net worth is below zero, so there is no shareholders' money to set the borrowings against. No balance sheet is on record for the years to Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Consolidated: the company and its subsidiaries together. Each window ends with the year to Mar 2025.

Return on assets, latest year: −8.4%

Measure	10 years	5 years	3 years
Revenue growth, yearly rate	–	−35.8%	−33.1%
Operating margin, average	−7.4%	−14.0%	−9.4%
Net margin, average	−22.2%	−41.2%	−44.9%

Where the cash came from and went

Consolidated: the company and its subsidiaries together. ₹ crore, added up over each window, which ends with the year to Mar 2025.

₹ crore	5 years	3 years	Latest year
Cash from operations	261	47	6
Cash from investing	113	123	19
Cash from financing	−412	−187	−22
Capital spending	21	7	2
Dividends paid	0	0	0
Shares bought back	0	0	0
Shares issued for cash	0	0	0
Borrowings raised	–	0	0
Borrowings repaid	218	136	22

Accounting checks

Consolidated, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

Check	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Piotroski score, out of 9Published threshold 3 points out of 9	–	–	3	4	3	4	5
Altman Z-scorePublished threshold 1.1	1.47	1.58	−2.46	−7.44	−21.16	−19.23	−16.88
Beneish M-scorePublished threshold −1.78	–	–	−2.84	−5.22	−7.34	−4.78	110.46
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets	–	–	−27.78	−37.83	−54.72	−29.18	−13.12
Receivables growth less revenue growthOur threshold 0 percentage points	–	8.96	53.05	−100.26	−24.24	−93.66	14,560.95
Inventory growth less cost-of-goods growthOur threshold 0 percentage points	–	−37.54	3.39	19.40	10.55	−82.53	1,746.35
Other current assets growth less revenue growthOur threshold 5 per cent of revenue	–	0.20	−5.49	−0.55	−5.23	−1.24	2.75
Assets under construction, years of additionsOur threshold 2 years of additions	–	103.63	–	0.29	–	–	0.02
Effective tax ratePublished threshold 17.16 per cent	−288.44	–	–	–	–	–	–

A threshold marked as ours has no published figure; it is the line we read the check against.

Credit ratings

An agency's view of the chance the company repays a borrowing on time, from AAA, the highest, down to D, in default.

Date	Agency	Borrowing rated	Rating	Amount, ₹ Cr
26 Jun 2026	CARE Ratings Limited	Fund-based - LT-Cash CreditLong-term scale	CARE D; ISSUER NOT COOPERATING*Review, Re-affirm	16
26 Jun 2026	CARE Ratings Limited	Fund-based - LT-Funded Interest term LoanLong-term scale	CARE D; ISSUER NOT COOPERATING*Review, Re-affirm	31.06
26 Jun 2026	CARE Ratings Limited	Fund-based - LT-Term LoanLong-term scale	CARE D; ISSUER NOT COOPERATING*Review, Re-affirm	55.14
26 Jun 2026	CARE Ratings Limited	Fund-based - LT/ ST-Working Capital LimitsLong and short-term scales	CARE D / CARE D; ISSUER NOT COOPERATING*Review, Re-affirm	305.75
26 Jun 2026	CARE Ratings Limited	Non-fund-based - ST-BG/LCShort-term scale	CARE D; ISSUER NOT COOPERATING*Review, Re-affirm	1.70

The latest rating on each borrowing. The agency's name opens its reasoning for the rating.

Business segments

In the year to Mar 2025 the company reports one business segment which carries all its revenue.

Where the return came from

Yearly rates to Mar 2025, per-share figures restated for splits and bonuses.

Over	Return a year	Earnings growth	Change in P/E	Dividend yield
1 year	−32.0%	–	–	0.0%
3 years	−51.8%	–	–	0.0%
5 years	−41.3%	–	–	0.0%

Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns Future Consumer, filing by filing

Per cent of the company's shares. Every filing on record, from Sep 2021; the latest is the filing for Mar 2025.

Mar 2025 filing

Promoters3.49%
Foreign institutionsNone
Indian institutionsNone
GovernmentsNone
Individuals and others96.51%
Employee trustsNone

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Governments
Individuals and others
Employee trusts

Per cent	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
	14.47%	12.16%	8.39%	3.49%	3.49%	3.49%	3.49%	3.49%	3.49%	3.49%	3.49%	3.49%	3.49%	3.49%	3.49%
Indian promoters	14.47%	12.16%	8.39%	3.49%	3.49%	3.49%	3.49%	3.49%	3.49%	3.49%	3.49%	3.49%	3.49%	3.49%	3.49%
	84.85%	87.17%	90.94%	95.84%	95.84%	95.84%	95.98%	95.98%	95.98%	95.98%	96.35%	96.51%	96.51%	96.51%	96.51%
	–	–	–	–	9.29%	8.40%	8.18%	8.15%	8.15%	8.15%	8.11%	8.11%	8.11%	Under 0.01%	Under 0.01%
Foreign portfolio investors, category I	–	–	–	–	0.00%	8.40%	8.18%	8.15%	8.15%	8.15%	8.11%	8.11%	8.11%	Under 0.01%	Under 0.01%
Foreign portfolio investors, category II	–	–	–	–	9.29%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	–	–	–	–	0.03%	0.03%	0.03%	0.03%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Mutual funds	Under 0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Insurance companies	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Banks	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Non-bank lenders registered with RBI	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	0.00%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
State governments	–	–	–	–	0.00%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	86.52%	87.41%	87.78%	87.81%	87.84%	87.84%	88.24%	88.40%	88.40%	96.51%	96.51%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	33.25%	33.97%	35.87%	36.90%	37.56%	37.60%	38.27%	40.64%	41.61%	41.86%	41.60%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	21.35%	24.84%	34.05%	35.86%	38.51%	38.52%	38.10%	36.06%	38.28%	40.63%	40.48%
Companies	–	–	–	–	16.55%	13.19%	5.44%	3.34%	3.28%	3.28%	3.37%	3.07%	2.91%	10.68%	10.67%
Non-resident Indians	–	–	–	–	1.44%	1.50%	1.58%	1.65%	1.83%	1.74%	1.76%	1.88%	1.93%	1.97%	1.96%
Foreign companies	–	–	–	–	12.72%	12.72%	9.47%	8.83%	5.40%	5.40%	5.40%	5.40%	2.33%	0.00%	0.00%
Directors and their relatives	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Key managers	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	1.19%	1.19%	1.35%	1.21%	1.25%	1.29%	1.34%	1.34%	1.34%	1.37%	1.80%
Others	–	–	–	–	0.05%	0.06%	0.06%	0.05%	0.07%	0.05%	0.07%	0.07%	0.08%	0.08%	0.08%
Hindu undivided families	–	–	–	–	1.02%	1.06%	1.14%	1.12%	1.17%	1.23%	1.26%	1.27%	1.26%	1.29%	1.72%
Employees	–	–	–	–	0.03%	0.02%	0.03%	0.03%	0.01%	0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Director or Director's Relatives	–	–	–	–	0.03%	0.03%	0.01%	0.01%	Under 0.01%	–	–	–	–	–	–
Clearing Members	–	–	–	–	0.06%	0.02%	0.10%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Trusts	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Employee trusts	0.68%	0.67%	0.67%	0.67%	0.67%	0.67%	0.53%	0.53%	0.53%	0.53%	0.16%	0.00%	0.00%	0.00%	0.00%
Promoter shares pledgedShare of the promoters' own shares	88.28%	86.12%	79.89%	54.37%	54.37%	54.37%	9.10%	9.10%	9.10%	9.10%	9.10%	9.10%	9.10%	9.10%	9.10%
Shares in issue	1,98,70,40,879	1,99,70,34,643	1,99,70,34,643	1,99,70,34,643	1,99,70,34,643	1,99,70,34,643	1,99,70,34,643	1,99,70,34,643	1,99,70,34,643	1,99,70,34,643	1,99,70,34,643	1,99,70,34,643	1,99,70,34,643	1,99,70,34,643	1,99,70,34,643
Shares locked in	38,21,026	38,21,026	0	0	0	0	0	0	0	0	0	0	0	0	0

Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. Pledged is the share of the promoters' own shares given to lenders as security. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Future Consumer shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
All shareholders	3,30,954	3,44,133	3,68,028	4,17,778	4,36,906	4,21,969	4,24,908	4,29,294	4,28,293	4,29,829	4,49,413	5,08,388	5,16,107	5,14,233	5,13,457
	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8
Indian promoters	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8
	3,30,945	3,44,124	3,68,019	4,17,769	4,36,897	4,21,960	4,24,899	4,29,285	4,28,284	4,29,820	4,49,404	5,08,380	5,16,099	5,14,225	5,13,449
	–	–	–	–	26	13	7	6	6	6	3	3	3	1	1
Foreign portfolio investors, category I	–	–	–	–	0	13	7	6	6	6	3	3	3	1	1
Foreign portfolio investors, category II	–	–	–	–	26	0	0	0	0	0	0	0	0	0	0
	–	–	–	–	3	3	3	3	2	2	2	2	2	2	2
Mutual funds	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Insurance companies	1	1	1	1	1	1	1	1	0	0	0	0	0	0	0
Banks	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1
Non-bank lenders registered with RBI	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	0	0	1	1	1	1	1	1	1	1	1
State governments	–	–	–	–	0	0	1	1	1	1	1	1	1	1	1
	–	–	–	–	4,36,868	4,21,944	4,24,888	4,29,275	4,28,275	4,29,811	4,49,398	5,08,374	5,16,093	5,14,221	5,13,445
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	4,25,894	4,10,704	4,12,805	4,16,931	4,15,671	4,17,276	4,37,065	4,95,994	5,03,254	5,01,150	5,00,453
Resident individuals, over ₹2 lakh at face value	–	–	–	–	4,468	4,984	5,923	6,276	6,583	6,586	6,489	6,448	6,901	7,108	7,023
Companies	–	–	–	–	528	506	496	485	479	463	441	434	429	424	419
Non-resident Indians	–	–	–	–	2,601	2,476	2,457	2,435	2,418	2,397	2,379	2,440	2,473	2,510	2,545
Foreign companies	–	–	–	–	2	2	2	2	1	1	1	1	1	0	0
Directors and their relatives	–	–	–	–	1	1	2	2	2	1	1	2	1	1	1
Key managers	–	–	–	–	2	2	2	2	2	2	2	1	1	1	1
	–	–	–	–	3,372	3,269	3,201	3,142	3,119	3,085	3,020	3,054	3,033	3,027	3,003
Others	–	–	–	–	28	28	26	27	25	22	26	23	24	25	25
Hindu undivided families	–	–	–	–	3,272	3,197	3,135	3,094	3,083	3,052	2,983	3,021	2,998	2,993	2,970
Employees	–	–	–	–	11	8	11	11	4	4	4	4	4	2	1
Director or Director's Relatives	–	–	–	–	3	3	2	2	1	–	–	–	–	–	–
Clearing Members	–	–	–	–	57	32	26	7	5	6	6	5	5	5	5
Trusts	–	–	–	–	1	1	1	1	1	1	1	1	2	2	2
Employee trusts	1	1	1	1	1	1	1	1	1	1	1	0	0	0	0

Future Consumer promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Mar 2025; the largest is Niyman Mall Management Company Private Limited, 1.48%. The filing names 8 more members with no shares.

Holder
Niyman Mall Management Company Private LimitedIndian companies, trusts and others	1.48%	2,94,76,462	0.00%
Future Capital Investment Private LimitedIndian companies, trusts and others	1.29%	2,57,15,599	0.00%
Future Corporate Resources Private LimitedIndian companies, trusts and others	0.72%	1,43,27,302	44.26%
Central Departmental Stores Pvt LtdIndian companies, trusts and others	0.00%	100	0.00%
Future Enterprises LimitedIndian companies, trusts and others	0.00%	100	0.00%
Ryka Commercial Ventures Private LimitedIndian companies, trusts and others	0.00%	100	0.00%
Ashni Kishore BiyaniIndividuals and Hindu undivided families	0.00%	67,169	0.00%
Avni Kishorkumar BiyaniIndividuals and Hindu undivided families	0.00%	99,619	0.00%

Pledged is the share of the holder's own shares pledged to a lender.

Largest public holders of Future Consumer, filing by filing

Per cent, on the same shares as the split above.

Holder	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
National Stock Exchange of India Limited Account FPICompanies	–	–	–	–	–	–	–	–	–	–	–	–	–	7.86%	7.86%
Verlinvest SAForeign portfolio investors, category I	7.90%	7.86%	7.86%	7.86%	7.86%	7.86%	7.86%	7.86%	7.86%	7.86%	7.86%	7.86%	7.86%	–	–
International Finance CorporationForeign companies	5.43%	5.40%	5.40%	5.40%	5.40%	5.40%	5.40%	5.40%	5.40%	5.40%	5.40%	5.40%	2.33%	–	–
Black River Food 2 Pte. LtdForeign companies	7.36%	7.33%	7.33%	7.33%	7.33%	7.33%	4.07%	3.43%	–	–	–	–	–	–	–
Topgain Finance Private LimitedCompanies	–	–	–	–	–	–	1.14%	–	–	–	–	–	–	–	–
Vistra ITCL India LimitedCompanies	22.56%	22.45%	22.45%	14.24%	13.59%	10.21%	–	–	–	–	–	–	–	–	–
Yes Bank LimitedFinancial Institution Or Banks	–	1.29%	1.24%	–	–	–	–	–	–	–	–	–	–	–	–

A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.