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₹8 Penny Stock: Ambani Is Ready To Buy This ₹8 Penny Stock; Do You Have?

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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
Dividend0.00 %
ROCE5.99 %
ROE-12.4 %
Face Value₹ 10.0
P/B Value
OPM16.0 %
EPS₹ -156
Debt₹ 543 Cr.
Debt to Equity1.46

Future Supply Chain Solutions Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹9₹14
2025₹15₹18
2026₹20₹24
2027₹26₹31
2028₹32₹37
2029₹38₹43
2030₹44₹50
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Future Supply Chain Solutions Ltd Shareholding Pattern

Promoters Holding
Jun 202123.09%
Sep 202123.09%
Dec 202123.09%
Mar 202222.62%
Jun 202221.95%
FII Holding
Jun 20210.00%
Sep 20210.01%
Dec 20210.00%
Mar 20220.00%
Jun 20220.00%
DII Holding
Jun 20210.06%
Sep 20210.05%
Dec 20210.06%
Mar 20220.06%
Jun 20220.06%
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Public Holding
Jun 202176.85%
Sep 202176.85%
Dec 202176.85%
Mar 202277.32%
Jun 202277.99%

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
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Last 5 Years’ Debt-To-Equity Ratio:

20180.05
20190.36
20200.57
20211.09
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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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

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