Future Ent. DVR (FELDVR)
Asset PlayScore breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 0/2 · Dividend: 0/1
Key Financials
| Current Price | ₹2.36 |
| Market Cap | ₹11.69 Cr |
| P/E Ratio | 0 |
| ROCE | 0% |
| ROE | -238.27% |
| Dividend Yield | 0% |
| Profit Growth | -90.68% |
| Debt/Equity | — |
| Sales Growth | -13.2% |
| Free Cash Flow | ₹13,64,04,746.24 Cr |
| Promoter Holding | 72.22% |
| 52-Week Range | ₹2.01 — ₹3.74 |
| Sector | Retailing |
| Book Value | ₹52.91 |
Strengths
- Price-to-book of 0.04 offers a deep discount to stated book value of ₹73.25 per share.
- Latest quarter is marginally profitable: ₹6 crore net profit on ₹2,899 crore sales.
- Sales growth of 22.43% shows the business still has revenue momentum.
- Promoter holding of 72.22% suggests significant insider stake, though DVR voting rights are limited.
Concerns
- ROE of -928.08% and profit growth of -90.68% point to severe capital destruction and earnings deterioration.
- Piotroski F-Score of 3/9 indicates weak financial health and poor operating efficiency.
- Extremely thin net margin—₹6 crore profit on ₹2,899 crore sales—leaves almost no cushion.
- Debt/equity is N/A, so solvency and leverage cannot be assessed from available data.
AI Analysis
At ₹2.96 with a market cap of just ₹12 crore, this is the kind of stock Graham might call a statistical bargain—if the numbers are trustworthy. Price-to-book of 0.04 and book value of ₹73.25 suggest the market is pricing in near-insolvency or severe asset-quality problems. A 22.43% sales growth is encouraging, but a -90.68% profit growth is not. The latest quarter shows a wafer-thin profit of ₹6 crore on ₹2,899 crore of sales—that is essentially no margin at all. ROE of -928.08% is a red flag: equity is being destroyed, and a Piotroski score of 3/9 reinforces weak fundamentals. Debt/equity is N/A, which bothers me more than if it were high; I cannot judge solvency without it. Promoter holding at 72.22% may align interests, but as a DVR shareholder, my voting rights are limited to begin with. If the book value is real and the business can stabilize, the upside is enormous—₹73.25 versus ₹2.96. But that is a big 'if.' In true Graham fashion, I treat asset plays with skepticism; one bad quarter can erase years of value. Free cash flow is reported in an unusable format, so I will not hang my hat on it. This is not a wonderful business with a durable moat; it is a possible cigar butt with one or two puffs left. I would demand an audited balance sheet, debt details, and a plan for minority shareholders before committing even a small amount. Price alone does not make it a buy; price plus verified asset value does.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer