Futuristic Securities Ltd (523113)
🎯 Key Takeaways
- Futuristic Securities Ltd appears to be in a severe operational and financial distress phase, with no meaningful revenue generation and persistent accounting anomalies in its financials. The company has reported zero revenue and negative operating metrics across multiple quarters, despite a stable shareholding structure.
- Revenue grew 0% QoQ to ₹0 in Q1FY27.
- ⚠️ 1) Persistent zero revenue and negative operating metrics suggest the business may be non-functional. 2) Recurring negative reserves and erratic profi
📖 The Story
Futuristic Securities Ltd appears to be in a severe operational and financial distress phase, with no meaningful revenue generation and persistent accounting anomalies in its financials. The company has reported zero revenue and negative operating metrics across multiple quarters, despite a stable shareholding structure. Its near-zero market capitalization and minimal asset base suggest a dormant or non-operational business model.
📰 What's Happening
The company has not announced any new business initiatives, expansions, or strategic shifts in recent filings. There are no indications of fresh capital raises, acquisitions, or operational restarts. Management has not provided updates on business revival or restructuring plans in the latest quarterly filings, and no significant events were disclosed beyond routine shareholding disclosures.
Source: Stock Announcements
📊 Quarterly Results (₹ Cr)
| Metric | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 |
| Operating Profit | -0 | -0 | -0 | 0 |
| OPM % | -50.0% | -100.0% | -100.0% | 0.0% |
| Net Profit | -0 | 0 | -0 | 0 |
| EPS | ₹-0.07 | ₹0.08 | ₹-0.08 | ₹0.06 |
Revenue has remained consistently zero across all reported quarters, with alternating signs in operating profit and net income that appear to reflect accounting adjustments rather than operational performance. The company posted a brief positive EPS of ₹0.08 in December 2025 before reverting to negative or zero figures, indicating erratic financial recognition without underlying business activity.
🔮 Management Outlook & What's Next
There is no available forward guidance or explicit outlook from management in the latest filings. Management commentary is absent regarding future revenue expectations, cost restructuring, or revival timelines. The lack of strategic commentary suggests either operational silence or a complete disengagement from active business operations.
Extracted from official company announcements. Not StockFin.ai's opinion.
🏦 Balance Sheet (₹ Cr)
| Item | Mar 2025 | Mar 2026 | Mar 2026 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 2 |
| Reserves | -1 | -1 | -1 | -1 |
| Borrowings | 0 | 0 | 0 | 0 |
| Total Liabilities | 1 | 1 | 1 | 1 |
| Fixed Assets | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| Total Assets | 1 | 1 | 1 | 1 |
The balance sheet shows an extremely fragile financial position with negligible equity and reserves, offset by a recurring negative reserve balance and no borrowings. Total assets remain stagnant at ₹1 crore, suggesting no reinvestment or asset buildup. The company is not deleveraging because it has no debt, but it is also not accumulating capital or reinvesting in operations.
💰 Cash Flow Statement (₹ Cr)
| Item | Mar 2025 |
|---|---|
| Operating | -0 |
| Investing | +0 |
| Financing | 0 |
| Net Cash Flow | +0 |
👥 Shareholding Pattern
| Category | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 |
|---|---|---|---|---|
| Promoters | 62.8% | 62.8% | 62.8% | 62.8% |
| FII | 0.0% | 0.0% | 0.0% | 0.0% |
| DII | 0.0% | 0.0% | 0.0% | 0.0% |
| Public | 33.9% | 33.9% | 33.9% | 33.9% |
| # Shareholders | 3,290 | 3,289 | 3,281 | 3,276 |
Promoter holding remains stable at 62.77%, with no signs of dilution or fresh issuance. Institutional ownership is minimal, with FII at 0% and DII at 0.01%, indicating no investor confidence. The slight fluctuation in public shareholding is immaterial, and the shareholder count has plateaued, reflecting no market interest or trading activity.
⚖️ Peer Comparison — Finance
| Company | MCap (₹ Cr) | P/E | ROCE | ROE | D/E |
|---|---|---|---|---|---|
| BAJFINANCE | 6.63 L Cr | 32.6 | 10.4% | 18.1% | 3.82 |
| BAJAJFINSV | 3.23 L Cr | 31.7 | 11.4% | 26.5% | 5.50 |
| SHRIRAMFIN | 2.57 L Cr | 19.3 | 11.5% | 17.1% | 3.80 |
| CHOLAFIN | 1.59 L Cr | 27.6 | 9.3% | 18.9% | 6.93 |
| JIOFIN | 1.58 L Cr | 74.2 | 2.3% | 1.6% | 0.17 |
| TATACAP | 1.56 L Cr | 28.5 | 8.4% | 12.3% | 5.28 |
| ICICIAMC | 1.52 L Cr | 30.4 | 111.5% | 83.6% | 0.00 |
| BAJAJHLDNG | 1.27 L Cr | 14.3 | 12.4% | 12.3% | 0.00 |
| MUTHOOTFIN | 1.20 L Cr | 10.6 | 14.4% | 29.3% | 3.88 |
| SBIFUNDS | 1.18 L Cr | — | — | — | 0.00 |
🔗 Peer Stock Analyses
⚠️ Risk Factors
1) Persistent zero revenue and negative operating metrics suggest the business may be non-functional. 2) Recurring negative reserves and erratic profit recognition raise concerns about accounting integrity and potential hidden liabilities. 3) Absence of institutional or DII interest signals lack of analyst or fund manager coverage. 4) No disclosed revival plan or capital infusion increases execution and solvency risks.
🧠 Analyst's Read
The company exhibits characteristics of a distressed entity with no visible path to operational recovery or value creation. Investors should monitor for any sudden changes in management commentary, regulatory filings, or capital restructuring that might signal a strategic shift, but current indicators point to continued dormancy.
Based on filing content and financial data. Not a recommendation.
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Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-09-01.
Editorial & Data Transparency Notice
This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.
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