The 4 reports from 1 analysts offering long term price targets for Future Supply Chain Solutions Ltd. have an average target of 450.00. The consensus estimate represents an upside of 187.08% from the last price of 156.75.
|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2020-02-10||Future Supply Chain ..||BOB Capital Markets Ltd.||444.60||450.00||444.60 (-64.74%)||Target met||Sell|
BOB Capital Markets Ltd.
Future Supply Chain (FSCSL) reported yet another weak quarter as standalone Q3FY20 revenue/EBITDA declined 5%/15% YoY (adj. for Ind-AS 116), causing a 59% drop in adj. PAT.
|2019-11-03||Future Supply Chain ..||BOB Capital Markets Ltd.||509.55||680.00||509.55 (-69.24%)||Buy|
BOB Capital Markets Ltd.
Future Supply Chain's (FSCSL) Q2FY20 standalone earnings nosedived 64% YoY (ex. Ind-AS 116), dented by lower EBITDA (13% YoY) and higher depreciation (+61%) & interest costs (+332%).
|2019-09-23||Future Supply Chain ..||BOB Capital Markets Ltd.||529.00||715.00||529.00 (-70.37%)||Buy|
|2019-08-01||Future Supply Chain ..||BOB Capital Markets Ltd.||556.90||715.00||556.90 (-71.85%)||Buy|
|2019-05-14||Future Supply Chain ..||BOB Capital Markets Ltd.||623.00||780.00||623.00 (-74.84%)||Buy|
BOB Capital Markets Ltd.
Future Supply Chain Solutions (FSCSL) reported strong standalone revenue growth of 33% YoY in Q4FY19, led by robust traction in contract logistics (+42% YoY). Decline in gross margins (333bps YoY) were offset by lower staff (332bps) and other expenses (149bps), translating to EBITDA margin expansion of 147bps YoY to 14.2%. Continued traction in contract logistics is encouraging. We broadly maintain FY21 estimates while raising FY20 PAT by...
|2017-12-06||Future Supply Chain ..||ICICI Securities Limited||IPO Note|
ICICI Securities Limited
FSC operates an extensive network of 46 distribution centres, including four temperature-controlled (9529 pallets) distribution centres, 14 hubs and 106 branches (including franchisees and 12 of which are co-located on the same premises as FSC hubs). Moreover, coverage over 11235 pin codes across 29 states and five union territories creates a pan-India supply chain network for FSC. As on November 2017, FSC manages a total warehousing space of 4.2 million square feet. Further, it operates owned flotilla of 687 containerised vehicles, including 144 refrigerated...
|2017-12-06||Future Supply Chain ..||Nirmal Bang||IPO Note|
Incorporated in 2006, promoted by Mr Kishore Biyani, Future Supply Chain Solutions (FSC), is one of the India's largest organized 3PL Service Operators. The company offers automated and IT-enabled Warehousing, Distribution and Other Logistics Solutions to a wide range of customers. On clientele basis, Future group contributed around 70% of H1FY18 revenue. Apart from the promoter group the customer base includes...
|2017-12-06||Future Supply Chain ..||Ashika Research||IPO Note|
Future Supply Chain Solutions Ltd. (FSC) is one of India's largest organized third-party logistics service operators. It offers automated and IT-enabled warehousing, distribution and other logistics solutions to a wide range of customers. Company's service offerings, warehousing infrastructure, pan-India distribution network, hub-and-spoke transportation model and automated technology systems support its competitive market position. FSC's customers operate in various sectors across India, including retail, fashion and apparel (23.6%), automotive and engineering (22.3%), food and beverage (15.3%), fast moving consumer goods (FMCG) (7.3%), e-commerce (6.7%), healthcare (6.1%), electronics and technology (6.0%), home and furniture (5.6%) and ATMs (4.3%). According to management, its business model enables it to act as a service provider that can comprehensively cover...
|2017-12-05||Future Supply Chain ..||Choice India||IPO Note|
|2017-12-04||Future Supply Chain ..||Angel Broking||Neutral|
Incorporated in 2006, Future Supply Chain Solutions Ltd (FSCSL) is one of the largest third-party logistics service providers in India. FSCSL offers services in three key areas i.e. (1) Contract Logistics (warehousing, distribution and value-added service), (2) Express Logistics (point-to-point, less-than truck-load, time definite transpo..
|2017-12-01||Future Supply Chain ..||SMC online||IPO Avoid|
Incorporated in 2006, Future Supply Chain Solutions Ltd is one of the largest third-party logistics service providers in India. Its services include automated and IT-enabled warehousing, distribution and other logistics solutions. The company offers services in three key areas -- contract logistics (warehousing, distribution and other value-added services); express logistics (point-to-point, less-than truck-load, time-definite transportation services); and temperature-controlled logistics (cold-chain warehousing,...