Future Supply Chain Solutions Ltd (NSE: FSC): If all goes well, Mukesh Ambani may receive a cheque from Kishore Biyani’s Future Group company Future Supply Chain Solutions.
Future Supply Chain Solutions’ lenders have time to review the bids from Reliance Retail Ventures. NCLT was given 45 days.
Tatkal Loan India, in addition to Reliance Retail Ventures and Future Supply Chain Solutions, also bid on the Future Supply Chain Solutions.
A Formal Appeal Has Been Made
Through his lawyer, Rajan Rawat had requested an extension from NCLT of 45 days.
Rawat argued that two potential resolution applicants have submitted their bids and they have already begun discussions with two bidders to increase the value of their proposal.
In addition to Reliance Retail Ventures, Tatkal Loan India, One City Infrastructure, Globe Ecology Trucks Logistics Solutions, and Sugana Metals have expressed interest in purchasing the company via the bankruptcy process.
What Is The Amount Owed To Whom By The Company?
DHL E-Commerce India Pvt Ltd filed a petition on January 5, last year, requesting the insolvency of Future Supply Chain Solutions.
The company defaulted on about Rs 7.26 crore. The total sanctioned liability of the company is Rs 885 crore.
Azim Premji Trust (274 crores), DFC First Bank 158 crores), JC Flowers Asset Reconstruction 63 crores and State Bank of India 45 crores are the major creditors of this bankrupt company.
Share Price
Future Supply Chain Solutions’s share price was Rs 8.15. The stock is at its 52-week low.
In March of last year, the share reached a level of Rs 18.20. The stock also surpassed its 52-week peak.
About Future Supply Chain Solutions Ltd
Future Supply Chain Solutions Limited, a third-party logistics and supply chain service provider based in India, is organized.
The Company provides automated and IT-enabled warehouse, distribution, and other logistic solutions.
The services include a hub-and-spoke transport model, a pan-India distribution system, and automated technology.
Contract Logistics includes distribution, warehousing, and other value-added services.
Express Logistics include point-to-point transportation, less than truckloads, and time-determined services.
Temperature-controlled logistics include transportation solutions, cold-chain warehousing, and long-haul distribution of perishable products.
The company provides services to sectors such as home and furniture retail, fashion, apparel, food, beverage, automotive, engineering, fast-moving consumer goods (FMCG), health, e-commerce, electronics, technology, and ATMs.
Fundamental Analysis of Future Supply Chain Solutions Ltd
| Market Cap | ₹ 36.1 Cr. |
| Current Price | ₹ 8.20 |
| 52-wk High | ₹ 18.45 |
| 52-wk Low | ₹ 8 |
| Stock P/E | — |
| Book Value | ₹ -32.0 |
| Dividend | 0.00 % |
| ROCE | 5.99 % |
| ROE | -12.4 % |
| Face Value | ₹ 10.0 |
| P/B Value | — |
| OPM | 16.0 % |
| EPS | ₹ -156 |
| Debt | ₹ 543 Cr. |
| Debt to Equity | 1.46 |
Future Supply Chain Solutions Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹9 | ₹14 |
| 2025 | ₹15 | ₹18 |
| 2026 | ₹20 | ₹24 |
| 2027 | ₹26 | ₹31 |
| 2028 | ₹32 | ₹37 |
| 2029 | ₹38 | ₹43 |
| 2030 | ₹44 | ₹50 |
Future Supply Chain Solutions Ltd Shareholding Pattern
| Promoters Holding | |
| Jun 2021 | 23.09% |
| Sep 2021 | 23.09% |
| Dec 2021 | 23.09% |
| Mar 2022 | 22.62% |
| Jun 2022 | 21.95% |
| FII Holding | |
| Jun 2021 | 0.00% |
| Sep 2021 | 0.01% |
| Dec 2021 | 0.00% |
| Mar 2022 | 0.00% |
| Jun 2022 | 0.00% |
| DII Holding | |
| Jun 2021 | 0.06% |
| Sep 2021 | 0.05% |
| Dec 2021 | 0.06% |
| Mar 2022 | 0.06% |
| Jun 2022 | 0.06% |
| Public Holding | |
| Jun 2021 | 76.85% |
| Sep 2021 | 76.85% |
| Dec 2021 | 76.85% |
| Mar 2022 | 77.32% |
| Jun 2022 | 77.99% |
Future Supply Chain Solutions Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 1,113 Cr |
| 2020 | ₹ 1,141 Cr |
| 2021 | ₹ 466 Cr |
| 2022 | ₹ 609 Cr |
| 2023 | ₹ 547 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 65 Cr |
| 2020 | ₹ -64 Cr |
| 2021 | ₹ -184 Cr |
| 2022 | ₹ -698 Cr |
| 2023 | ₹ -685 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2018 | 0.05 |
| 2019 | 0.36 |
| 2020 | 0.57 |
| 2021 | 1.09 |
| 2022 | -3.87 |
Last 10 Years’ Profit Growth:
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | — |
| Current Year: | 92% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | — |
| 5 Years: | -3% |
| 3 Years: | -11% |
| Last Year: | -12% |
Sales Growth Over 10 Years:
| 10 Years: | — |
| 5 Years: | 2% |
| 3 Years: | -18% |
| Current Year: | 9% |
Conclusion
This article is a complete guide about Future Supply Chain Solutions Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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