Future Enterprises Limited (FEL) - Net Assets

Latest as of September 2025: Rs1.43 Billion INR ≈ $15.47 Million USD

Based on the latest financial reports, Future Enterprises Limited (FEL) has net assets worth Rs1.43 Billion INR (≈ $15.47 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs2.13 Billion ≈ $23.02 Million USD) and total liabilities (Rs698.17 Million ≈ $7.55 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Future Enterprises Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs1.43 Billion
% of Total Assets	67.21%
Annual Growth Rate	-3.22%
5-Year Change	-96.94%
10-Year Change	-97.42%
Growth Volatility	24950.0

Future Enterprises Limited - Net Assets Trend (2003–2025)

This chart illustrates how Future Enterprises Limited's net assets have evolved over time, based on quarterly financial data. Also explore FEL total assets for the complete picture of this company's asset base.

Annual Net Assets for Future Enterprises Limited (2003–2025)

The table below shows the annual net assets of Future Enterprises Limited from 2003 to 2025. For live valuation and market cap data, see Future Enterprises Limited stock valuation.

Year	Net Assets	Change
2025-03-31	Rs894.96 Million ≈ $9.68 Million	+35.83%
2024-03-31	Rs658.87 Million ≈ $7.13 Million	+115.39%
2023-03-31	Rs-4.28 Billion ≈ $-46.30 Million	-63.06%
2022-03-31	Rs-2.63 Billion ≈ $-28.40 Million	-108.97%
2021-03-31	Rs29.26 Billion ≈ $316.40 Million	-29.57%
2020-03-31	Rs41.54 Billion ≈ $449.23 Million	-3.12%
2019-03-31	Rs42.87 Billion ≈ $463.67 Million	+5.85%
2018-03-31	Rs40.51 Billion ≈ $438.06 Million	+6.01%
2017-03-31	Rs38.21 Billion ≈ $413.23 Million	+10.17%
2016-03-31	Rs34.68 Billion ≈ $375.08 Million	-38.14%
2015-03-31	Rs56.07 Billion ≈ $606.36 Million	+46.49%
2014-03-31	Rs38.27 Billion ≈ $413.92 Million	+111753.89%
2013-03-31	Rs34.22 Million ≈ $370.06K	-99.92%
2011-03-31	Rs43.12 Billion ≈ $466.35 Million	+34.98%
2010-03-31	Rs31.95 Billion ≈ $345.49 Million	+10.66%
2009-03-31	Rs28.87 Billion ≈ $312.20 Million	+9.63%
2008-03-31	Rs26.33 Billion ≈ $284.78 Million	+111.31%
2007-03-31	Rs12.46 Billion ≈ $134.77 Million	+127.39%
2006-03-31	Rs5.48 Billion ≈ $59.27 Million	+147.40%
2005-03-31	Rs2.22 Billion ≈ $23.96 Million	+138.06%
2004-03-31	Rs930.55 Million ≈ $10.06 Million	-49.45%
2003-03-31	Rs1.84 Billion ≈ $19.91 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Future Enterprises Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 33140100000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs331.40 Million	37.03%
Common Stock	Rs136.73 Million	15.28%
Other Components	Rs426.83 Million	47.69%
Total Equity	Rs894.96 Million	100.00%

Future Enterprises Limited Competitors by Market Cap

The table below lists competitors of Future Enterprises Limited ranked by their market capitalization.

Company	Market Cap
Prairie Lithium Limited AU:PL9	$48.52
Godha Cabcon & Insulation Limited NSE:GODHA	$54.59
Seelos Therapeutics, Inc. NASDAQ:SEELQ	$58.00
Jack Nathan Medical Corp V:JNH	$68.18
Advantage Solutions Inc NASDAQ:ADVWW	$47.55
Reliance Global Group Inc NASDAQ:RELIW	$33.15
Liberty Metals Ltd AU:LIB	$30.39
Reviva Pharmaceuticals Holdings Inc NASDAQ:RVPHW	$29.39

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Future Enterprises Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 658,873,000 to 894,961,000, a change of 236,088,000 (35.8%).
Net income of 91,132,000 contributed positively to equity growth.
Share repurchases of 157,116,000 reduced equity.
Other factors increased equity by 302,072,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs91.13 Million	+10.18%
Share Repurchases	Rs157.12 Million	-17.56%
Other Changes	Rs302.07 Million	+33.75%
Total Change	Rs-	35.83%

Book Value vs Market Value Analysis

This analysis compares Future Enterprises Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 0.01x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2003-03-31	Rs14.54	Rs0.46	x
2004-03-31	Rs7.35	Rs0.46	x
2005-03-31	Rs17.50	Rs0.46	x
2006-03-31	Rs38.04	Rs0.46	x
2007-03-31	Rs78.04	Rs0.46	x
2008-03-31	Rs146.39	Rs0.46	x
2009-03-31	Rs140.39	Rs0.46	x
2010-03-31	Rs130.77	Rs0.46	x
2011-03-31	Rs177.66	Rs0.46	x
2013-03-31	Rs0.01	Rs0.46	x
2014-03-31	Rs161.36	Rs0.46	x
2015-03-31	Rs129.39	Rs0.46	x
2016-03-31	Rs76.95	Rs0.46	x
2017-03-31	Rs85.49	Rs0.46	x
2018-03-31	Rs84.78	Rs0.46	x
2019-03-31	Rs88.26	Rs0.46	x
2020-03-31	Rs76.07	Rs0.46	x
2021-03-31	Rs53.20	Rs0.46	x
2022-03-31	Rs-5.31	Rs0.46	x
2023-03-31	Rs-8.66	Rs0.46	x
2024-03-31	Rs52.95	Rs0.46	x
2025-03-31	Rs65.45	Rs0.46	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Future Enterprises Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 10.18%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 24.75%
• Asset Turnover: 0.25x
• Equity Multiplier: 1.66x
Recent ROE (10.18%) is above the historical average (4.47%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	5.91%	2.51%	1.07x	2.20x	Rs-75.22 Million
2004	20.68%	3.01%	1.55x	4.44x	Rs99.40 Million
2005	17.40%	3.67%	1.58x	3.01x	Rs163.99 Million
2006	9.87%	2.73%	1.24x	2.92x	Rs-7.02 Million
2007	1.67%	0.57%	1.06x	2.74x	Rs-993.02 Million
2008	-1.43%	-0.54%	0.87x	3.00x	Rs-2.54 Billion
2009	-0.30%	-0.10%	0.92x	3.31x	Rs-2.58 Billion
2010	2.65%	0.78%	1.01x	3.37x	Rs-2.11 Billion
2011	3.56%	1.16%	0.85x	3.60x	Rs-2.57 Billion
2013	61.19%	1.36%	0.90x	50.07x	Rs1.54 Million
2014	2.15%	0.71%	0.93x	3.25x	Rs-2.93 Billion
2015	2.76%	1.38%	0.82x	2.43x	Rs-4.01 Billion
2016	1.04%	0.40%	0.90x	2.92x	Rs-3.05 Billion
2017	0.95%	0.78%	0.43x	2.85x	Rs-3.35 Billion
2018	0.18%	0.14%	0.45x	2.98x	Rs-3.78 Billion
2019	3.62%	2.42%	0.46x	3.26x	Rs-2.56 Billion
2020	-8.81%	-6.18%	0.34x	4.17x	Rs-7.07 Billion
2021	-42.65%	-78.88%	0.12x	4.51x	Rs-13.85 Billion
2022	0.00%	-131.19%	0.26x	0.00x	Rs-28.51 Billion
2023	0.00%	-648.58%	0.02x	0.00x	Rs-6.35 Billion
2024	7.60%	14.78%	0.44x	1.16x	Rs-15.78 Million
2025	10.18%	24.75%	0.25x	1.66x	Rs1.64 Million

Industry Comparison

This section compares Future Enterprises Limited's net assets metrics with peer companies in the Department Stores industry.

Industry Context

Industry: Department Stores
Average net assets among peers: $21,068,175,843
Average return on equity (ROE) among peers: 5.29%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Future Enterprises Limited (FEL)	Rs1.43 Billion	5.91%	0.49x	$48.23
Future Enterprises Limited (FELDVR)	$38.21 Billion	0.92%	1.76x	$1.25 Million
Future Retail Limited (FRETAIL)	$38.47 Billion	18.90%	1.75x	$13.37 Million
Osia Hyper Retail Limited (OSIAHYPER)	$913.49 Million	9.90%	3.39x	$9.47 Million
Shoppers Stop Limited (SHOPERSTOP)	$3.01 Billion	25.63%	16.56x	$425.38 Million
Spencer's Retail Limited (SPENCERS)	$2.74 Billion	-47.74%	4.82x	$39.54 Million
V-Mart Retail Limited (VMART)	$120.27 Million	29.30%	3.09x	$582.44 Million
Vishal Mega Mart Ord Shs (VMM)	$64.01 Billion	0.12%	0.56x	$6.26 Billion

About Future Enterprises Limited

NSE:FEL India Department Stores

Market Cap

$48.23

Rs4.46K INR

Market Cap Rank

#31503 Global

#1716 in India

Share Price

Rs0.46

Change (1 day)

+0.00%

52-Week Range

Rs0.35 - Rs0.64

All Time High

Rs165.64