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Futuristic Solutions
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Futuristic Solutions Ltd was incorporated on September 21, 1983 as a private limited company with the name of Moral Leasing Pvt Ltd. In September 23, 1983, the company was converted into public limited company and the name was changed to Moral Leasing Ltd. The company was originally in the business of leasing. The company came out with its public issue in the year 1984 and got listed at Delhi Stock Exchange.
The present management took over the company in the year 1987 and proceeded with the business of leasing. The present management in early nineties envisaged the concept of providing futuristic solutions of arbitration cases, and then put in practice by executing the first agreement on January 2, 1993. Since then the company has followed the process of asset reconstruction. In January 2002, the name of the company was changed from Moral Leasing Ltd to Futuristic Solutions Ltd. The company is registered with Reserve Bank of India as NBFC Company vide dated June 25, 2002.
Futuristic Solutions Ltd has been engaged in the business of securitization & asset reconstruction for more than past 17 years. The company has been acquiring non-performing assets from court auction / other sources and nursing them in its own way by adding value to their status so as to bring it back on rail before selling to the interested buyers at a premium.
The company, presently purchases NPAs, unsettled claims of Government of Punjab and other assets belonging to the general public. The Company has a vast network of professional and other individuals, through whom the company is able to generate business operations and market itself.
The business process of the company generally includes Application or search for the appropriate claims, properties, NPAs, distressed asset etc, Valuation of the distressed asset, Purchase of the NPA / distressed asset, Strategy for the restructuring of the NPA and Disposition of the NPA.
The company has already made an application with Reserve Bank of India for registration as an Asset Reconstruction Company. The company is hopeful that it will receive RBI's approval in the current year. Once the approval is received, company will be able to purchase NPA's of the banks and Financial Institutions which are selling/ considering selling their NPA's to the NBFC's.
Futuristic Solutions share price reflects investor sentiment toward the company and is impacted by various factors such as financial performance, market trends, and economic conditions. Share price is an indicator which shows the current value of the company's shares at which buyers or sellers can transact.
Market capitalization of Futuristic Solutions indicates the total value of its outstanding shares. Marketcap is calculated by multiplying share price and outstanding shares of the company. It is a helpful metric for assessing the company's size and market Valuation. It also helps investors understand how Futuristic Solutions is valued compared to its competitors.
Futuristic Solutions PE ratio helps investors understand what is the market value of each stock compared to Futuristic Solutions 's earnings. A PE ratio higher than the average industry PE could indicate an overvaluation of the stock, whereas a lower PE compared to the average industry PE could indicate an undervaluation.
The PEG ratio of Futuristic Solutions evaluates its PE ratio in relation to its growth rate. A PEG ratio of 1 indicates a fair value, a PEG ratio of less than 1 indicates undervaluation, and a PEG ratio of more than 1 indicates overvaluation.
Return on Equity (ROE) measures how effectively Futuristic Solutions generates profit from shareholders' equity. A higher ROE of more than 20% indicates better financial performance in terms of profitability.
Return on Capital Employed (ROCE) evaluates the profitability of Futuristic Solutions in relation to its capital employed. In simple terms, ROCE provides insight to investors as to how well the company is utilizing the capital deployed. A high ROCE of more than 20% shows that the business is making profitable use of its capital.
Total debt of Futuristic Solutions shows how much the company owes to either banks or individual creditors. In simple terms, this is the amount the company has to repay. Total debt can be a very useful metric to show the financial health of the company. Total debt more than equity is considered to be a bad sign.
The Debt-to-Equity (DE) ratio of Futuristic Solutions compares its total debt to shareholders' equity. A higher Debt to Equity ratio could indicate higher financial risk, while a lower ratio suggests that the company is managing its debt efficiently.
CAGR shows the consistent growth rate of Futuristic Solutions over a specific period, whether it is over a month, a year, or 10 years. It is a key metric to evaluate the company’s long-term growth potential. Main metrics for which CAGR is calculated are net sales, net profit, operating profit, and stock returns.
Technical analysis of Futuristic Solutions helps investors get an insight into when they can enter or exit the stock. Key components of Futuristic Solutions Technical Analysis include:
There are usually multiple support levels, but the main support levels for a stock are S1, S2, S3. Support levels indicate price points where stock might get support from buyers, helping the stock stop falling and rise.
There are usually multiple resistance levels, but the main resistance levels for a stock are R1, R2, R3. Resistance levels represent price points where Futuristic Solutions shares often struggle to rise above due to selling pressure.
Dividends refer to the portion of the company’s profits distributed to its shareholders. Dividends are typically paid out in cash and reflect Futuristic Solutions ’s financial health and profitability.
Bonus shares are usually given by companies to make the stock more affordable, increase liquidity, boost investor confidence, and more.
Stock split increases the number of its outstanding shares by dividing each existing share into multiple shares. When the company offers a stock split, the face value of the stock reduces in the same proportion as the split ratio.
The financials of Futuristic Solutions provide a complete view to investors about its net sales, net profit, operating profits, expenses, and overall financial health. Investors can analyze financial data to assess the company’s stability and also understand how the company has been growing financially.
The profit and loss statement of Futuristic Solutions highlights its net sales, net profit, total expenditure, and operating profits in the current financial year. This Profit and Loss statement is crucial for evaluating the profitability and financial stability of Futuristic Solutions .
The balance sheet presents a snapshot of Futuristic Solutions ’s assets, liabilities, and equity of shareholders, providing insights into the financials of the company.
Cashflow statements track the company's cash inflows and outflows over a period. It is an essential tool for understanding how well the company manages its liquidity and finances.
Futuristic Solutions Net Interest Margin (NIM) tells about the profitability earned by all NBFCs and financial institutions. It represents the income generated by the bank from the difference between the interest earned on loans and the interest paid on public deposits. Net Interest Margin (NIM) is a metric that monitors the profitability generated from a bank's lending activities.
Non-Performing Assets (NPA) indicate the ratio of a bank's loans that are classified as non-performing. A lower NPA ratio reflects stronger asset quality and more effective risk management.
Capital Adequacy Ratio (CAR) is a metric to measure the bank's ability to absorb losses and still remain financially stable. A higher CAR shows that the bank is financially sound and can absorb potential losses.
Gross NPA is the percentage of total non-performing loans before provisioning, while net NPA is the percentage after provisioning. Lower gross and net NPA ratios indicate better loan quality.
Net NPA is the actual losses a bank has incurred due to NPA accounts. Lower the NPA, better the banks can maintain stable income from interest on loans.
CASA ratio tells how much of a bank's total deposits are in both current and savings accounts.
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