Future Market NetworksNSE:FMNL +0.48%57 Interest Coverage is 0.78 as of Mar. 2026, which is 37% below its 10-year median of 1.24. GuruFocus rates NSE:FMNL with a GF Score™ of 57/100 and a GF Value™ of ₹8.07 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,302 Real Estate companies, Future Market Networks ranks worse than 87.86% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Future Market Networks's
Operating Income
for the
three
months ended in Mar. 2026 was ₹31.8 Mil. Future Market Networks's Interest Expense for the
three
months ended in Mar. 2026 was ₹-41.0 Mil.
Future Market Networks's interest coverage for the quarter that ended in Mar. 2026 was 0.78.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Future Market Networks Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
The historical rank and industry rank for Future Market Networks's Interest Coverage or its related term are showing as below:
NSE:FMNL'
s Interest Coverage Range Over the Past 10 Years
Min: 0.13 Med: 1.24 Max: 2.07
Current: 0.9
NSE:FMNL's Interest Coverage is ranked worse than 87.86% of 1302
companies
in the Real Estate industry
Industry Median: 4.245
vs NSE:FMNL: 0.90
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Future Market Networks Interest Coverage Related Terms
Future Market Networks Interest Coverage Historical Data
* Premium members only.
The historical data trend for Future Market Networks's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
NSE:FMNL vs CBRE, BEKE, JLL: Interest Coverage Comparison
For the Real Estate Services subindustry, Future Market Networks's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Future Market Networks Interest Coverage vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Future Market Networks's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Future Market Networks's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Future Market Networks (NSE:FMNL) has a Interest Coverage of 0.78 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Future Market Networks and its competitors. This is 37% below median its historical median of 1.24. Over the past decade, Future Market Networks' Interest Coverage has ranged from 0.13 to 2.07. According to the industry distribution chart, Future Market Networks ranks #1144 out of 1302 companies in the Real Estate industry, placing it in the top 87.9%.
Is Future Market Networks' Interest Coverage too high?
Future Market Networks' current Interest Coverage of 0.78 is 37% below median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 2.07. The Real Estate industry median Interest Coverage is 4.25. Future Market Networks' value of 0.78 is 81.6% below this industry median. Based on the distribution chart, Future Market Networks ranks #1144 out of 1302 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Future Market Networks has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Future Market Networks' Interest Coverage compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Future Market Networks ranks #1144 out of 1302 companies for Interest Coverage. This places Future Market Networks in the lower half of its industry. The industry median Interest Coverage is 4.25. Future Market Networks' value of 0.78 is 81.6% below this benchmark. Historically, Future Market Networks' own Interest Coverage has ranged from 0.13 to 2.07 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 4.25, Future Market Networks has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Real Estate company?
The median Interest Coverage among Real Estate companies is 4.25, based on 1,302 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Future Market Networks's current Interest Coverage of 0.78 is 81.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Future Market Networks and its competitors. For the Real Estate industry, the median Interest Coverage is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Future Market Networks's current Interest Coverage is 0.78, which is 37% below median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Market Networks stock overvalued right now?
Based on GuruFocus' analysis, Future Market Networks (NSE:FMNL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹8.07, compared to a current price of ₹10.46 — trading 29.6% above its estimated fair value. The current Interest Coverage is 0.78, which is 37% below median its 10-year median of 1.24 and 81.6% below the Real Estate industry median of 4.25. Future Market Networks' overall GF Score™ is 57/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Future Market Networks (NSE:FMNL), the current Interest Coverage is 0.78 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Future Market Networks (NSE:FMNL) Overvalued in 2026?
Based on GuruFocus' analysis, Future Market Networks stock appears to be overvalued.
The current stock price of ₹10.46 is trading 29.6% above its estimated GF Value™ of ₹8.07.
GuruFocus considers Future Market Networks to be Modestly Overvalued.
Key valuation signals for NSE:FMNL:
Interest Coverage: 0.78 (37% below median its 10-year median of 1.24)
GF Value™: ₹8.07 vs. price of ₹10.46 (29.6% above fair value)
Industry Position: 81.6% below the Real Estate median (#1144 of 1302)
No single metric tells the full story. See the NSE:FMNL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Future Market Networks Ltd is engaged in the business of building capacity and enabling the infrastructure for future markets. The company operates in one business segment, which is Mall Management. The company has various businesses that are the Retail market, which manages and operates the shopping infrastructure; the Trade market, which provides a marketplace for buyers and sellers; and the Infra logistic market, which creates a logistics market. The company also focuses on project management consultancy. Rental income generates maximum revenue for the company.
57GF Score
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