Future Consumer Limited, the FMCG arm of the debt-laden Future Group, has reported defaulting on loan repayments totaling Rs 615.67 crore, including both principal and interest, as of March-end 2026. This default comprises Rs 325.26 crore on loans and revolving credit facilities obtained from banks and financial institutions. The company’s defaults encompass overdue principal and interest payments as of March 31, 2026.
In addition to bank borrowings, Future Consumer Limited has also defaulted on Rs 290.41 crore related to unlisted debt instruments like non-convertible debentures (NCDs) and non-convertible redeemable preference shares (NCRPs). This amount includes a principal outstanding of Rs 158.82 crore and accrued interest of Rs 131.59 crore. The company has expressed its commitment to reducing its debt burden and enhancing its financial standing.
Future Consumer Limited is actively exploring asset monetization strategies as part of its plan to manage liabilities in the current financial year. Specializing in the fast-moving consumer goods (FMCG) sector, the company focuses on the production, branding, and distribution of food and processed food items. It was one of the 19 group companies involved in a proposed Rs 24,713 crore deal announced in August 2020, where Reliance Retail was slated to acquire the retail, wholesale, logistics, and warehousing businesses of the Future Group. However, the Future Group has encountered substantial financial hurdles, impacting its operations and debt repayment obligations.
Future Consumer Limited, also known as FCL, is an Indian food-led FMCG company within the Future Group, concentrating on branding and distributing food and personal care products. Established in 1996, the company has developed popular brands such as Tasty Treat, Dreamery, and Karmiq.
