Frontier Springs Ltd.

BSE: FRONTSP522195ISIN INE572D01014

Consumer Discretionary
Auto Components & Equipments
BSE Consumer Discretionary

Share price

₹1,359.05+16.85 (+1.26%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

Splits and bonuses

13 Mar 2026 · Bonus 2:1

52W high: ₹1,870.05
52W low: ₹1,152.75
Off 52W high: -27.33%
1M return: -2.02%
3M return: -2.93%
6M return: -18.22%
1Y return: -10.23%
20D avg volume: 2,398
50 DMA: ₹1,314.41
200 DMA: ₹1,416.08

Key ratios Standalone

Market cap: ₹1,606 Cr
Current price: ₹1,359.05
52W high / low: ₹1,870.05 / ₹1,152.75
Face value: ₹10.00
P/E: 27.41
P/B: 15.28
EPS (TTM): ₹49.58
Book value / share: ₹88.94
ROE: 55.74%
ROCE: 43.60%
Operating margin: 24.67%
Net margin: 15.31%
Debt / equity: 0.06
Net debt: ₹7.30 Cr
Interest cover: 294.75
Dividend yield: 0.05%
Dividend / share (TTM): ₹0.70
Payout: 1.41%
Cash conversion cycle: 92.4 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	78.46	82.55	81.43	82.74	75.34	70.08	58.27	52.24	50.75	44.14	33.02	32.75
	0.12	0.29	0.07	0.17	0.60	0.13	0.06	0.13	0.66	0.46	0.05	0.06
	78.58	82.83	81.51	82.91	75.94	70.21	58.33	52.37	51.42	44.60	33.07	32.81
	60.53	60.74	62.35	61.82	56.02	54.43	46.87	42.62	42.00	37.86	28.77	28.98
	37.54	36.00	37.44	38.48	37.19	33.89	30.07	26.70	25.79	19.55	15.66	17.23
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	1.48	1.38	1.60	1.40	1.45	1.54	1.43	1.48	1.35	1.34	1.18	1.02
	0.06	0.06	0.08	0.06	0.07	0.07	0.06	0.04	0.05	0.06	0.04	0.04
	1.25	1.67	1.11	1.09	1.04	1.02	1.01	1.02	0.95	1.08	0.86	0.90
	21.86	20.69	21.76	20.00	18.02	17.93	15.43	14.50	12.74	13.12	10.94	10.80
	18.05	22.09	19.15	21.08	19.92	15.78	11.46	9.75	9.42	6.74	4.31	3.83
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	18.05	22.09	19.15	21.08	19.92	15.78	11.46	9.75	9.42	6.74	4.31	3.83
	6.04	5.51	4.87	5.38	5.18	4.12	2.73	2.46	2.43	1.69	1.08	0.97
	12.01	16.59	14.28	15.71	14.74	11.66	8.73	7.29	6.98	5.05	3.22	2.85
	10.17	14.04	39.47	79.28	40.11	29.15	20.57	21.20	18.88	13.54	10.33	8.36
Key metrics
	19.36	23.82	20.34	22.23	21.03	16.87	12.53	10.81	10.42	7.88	5.21	4.77
	24.70%	28.90%	25.00%	26.90%	27.90%	24.10%	21.50%	20.70%	20.50%	17.90%	15.80%	14.60%
	15.30%	20.10%	17.50%	19.00%	19.60%	16.60%	15.00%	14.00%	13.80%	11.40%	9.80%	8.70%
	—	11.70%	—	13.00%	—	12.30%	—	—	—	—	—	—
	4.10%	17.80%	39.70%	58.40%	48.50%	58.80%	76.50%	59.50%	—	—	—	—
	-18.50%	42.30%	63.60%	115.50%	111.20%	130.90%	171.10%	155.80%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	325.18	322.06	231.34	135.41	107.36	83.66
	0.65	1.13	0.98	0.61	0.64	0.98
	325.83	323.19	232.32	136.03	107.99	84.63
	245.44	240.94	185.91	118.56	98.22	74.56
	149.46	149.11	116.45	65.74	56.05	38.22
	0.00	0.00	0.00	—	—	—
	5.86	5.83	5.80	4.54	3.85	3.49
	0.26	0.28	0.23	0.20	0.33	0.28
	5.12	4.90	4.01	3.71	3.20	2.85
	84.31	80.48	60.61	43.47	38.55	32.97
	80.37	82.25	46.41	17.47	9.77	10.08
	0.00	0.00	0.00	—	—	—
	80.37	82.25	46.41	17.47	9.77	10.08
	21.80	20.94	11.74	4.48	2.53	2.56
	58.59	61.31	34.66	12.99	7.24	7.51
	142.96	51.89	89.79	38.63	19.41	21.02
Key metrics
	85.75	87.43	50.65	21.38	13.30	13.21
	26.37%	27.10%	21.90%	15.80%	12.40%	15.80%
	18.02%	19.00%	15.00%	9.60%	6.70%	9.00%
	—	43.60%	36.10%	—	—	—
	27.06%	39.20%	70.80%	26.10%	28.30%	—
	38.12%	76.90%	166.80%	79.40%	-3.60%	—
	—	16.84	7.34	—	—	—
	—	0.51	0.64	—	—	—
	—	0.06	0.05	—	—	—
	—	7.30	0.74	—	—	—
	—	92.4	76.3	—	—	—
Balance sheet
	—	218.30	169.35	—	—	—
	—	101.97	86.11	—	—	—
	—	3.50	5.20	—	—	—
	—	60.89	38.44	—	—	—
	—	34.13	39.68	—	—	—
	—	0.12	0.26	—	—	—
	—	65.48	56.31	—	—	—
	—	13.52	29.73	—	—	—
	—	28.85	40.14	—	—	—
	—	10.80	5.94	—	—	—
	—	9.20	4.06	—	—	—
	—	1.60	1.88	—	—	—
	—	183.48	123.96	—	—	—
Cash flow
	—	31.41	22.11	—	—	—
	—	-36.87	-20.46	—	—	—
	—	3.76	1.28	—	—	—
	—	14.57	14.77	—	—	—

Compounded growth

Sales CAGR 3Y: +44.22%
Sales CAGR 5Y: —
Profit CAGR 3Y: +103.83%
Profit CAGR 5Y: —
Sales YoY (TTM): +27.06%
Profit YoY (TTM): +38.12%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 51.77%

Quarter	September 2026	June 2026
Promoter %	51.77%	51.77%

Holder	Type	Holding	Previous	Change
KAMLA BHATIA	Promoter	15.90%	15.90%	0.00%
KAPIL BHATIA	Promoter	15.57%	15.57%	0.00%
NEERAJ BHATIA	Promoter	14.15%	14.15%	0.00%
INVESTOR EDUCATION AND PROTECTION FUND	Public	6.25%	6.27%	-0.02%
KUNDAN LAL BHATIA	Promoter	3.39%	3.39%	0.00%
FRONTIER SPRINGS LTD	Public	3.28%	3.31%	-0.03%
DARRSHANA KOTHARI	Public	1.60%	1.60%	0.00%
NEETA MANOJ RUPAREL	Public	1.60%	1.60%	0.00%
VISHPA RAIL EQUIPMENTS PRIVATE LIMITED	Public	1.27%	1.27%	0.00%
SINGHI DINESH KUMAR HUF	Public	1.09%	1.08%	+0.01%
MAMTA BHATIA	Promoter	0.97%	0.97%	0.00%
PURAN CHAND BHATIA HUF	Promoter	0.93%	0.93%	0.00%
MANJU BHATIA	Promoter	0.52%	0.52%	0.00%
MANU BHATIA	Promoter	0.17%	0.17%	0.00%
CHANDAN BHATIA	Promoter	0.17%	0.17%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Samvardhana Motherson International Limited	1,69,717	159.25	36.90	10.90%	+14.02% TTM	+24.64% TTM	+52.47%
Bosch Ltd	1,49,840	50,800.00	63.41	24.30%	+13.63% TTM	-11.32% TTM	+34.19%
Bharat Forge Ltd	88,694	1,815.00	123.94	15.80%	+17.54% TTM	-30.02% TTM	+37.06%
UNO Minda Limited	69,117	1,196.90	53.56	17.90%	+18.80% TTM	+15.35% TTM	-4.40%
Sona BLW Precision Forgings Limited	55,766	892.00	75.38	13.30%	+43.07% TTM	+21.75% TTM	+84.45%
Schaeffler India Limited	54,886	3,511.50	41.79	—	—	—	-15.20%
Tube Investments of India Ltd	43,747	2,260.00	39.45	12.80%	+17.62% TTM	+6.56% TTM	-24.44%
Endurance Technologies Limited	35,086	2,494.30	34.50	16.30%	+31.99% TTM	+15.15% TTM	-14.03%
Dhoot Transmission Limited	33,444	1,635.00	—	—	—	—	—
Exide Industries Ltd.	31,131	366.25	29.64	8.90%	+13.46% TTM	+32.16% TTM	-3.52%
Craftsman Automation Limited	27,927	10,677.90	52.97	14.20%	+35.85% TTM	+119.55% TTM	+56.36%
Sansera Engineering Limited	27,648	4,429.55	78.72	13.60%	+23.49% TTM	+52.89% TTM	+189.79%
Motherson Sumi Wiring India Limited S	26,009	39.22	38.08	35.50%	+35.93% TTM	+11.75% TTM	-16.50%
Asahi India Glass Ltd.	25,070	983.40	45.71	10.80%	+19.75% TTM	+46.40% TTM	+2.72%
Gabriel India Ltd.	24,678	1,392.40	75.53	22.80%	+24.12% TTM	+38.28% TTM	+10.16%
ZF Commercial Vehicle Control Systems India Limited	24,345	2,139.15	48.76	18.50%	+9.03% TTM	+3.22% TTM	+0.07%
Sundram Fasteners Ltd.	22,794	1,084.75	35.98	18.20%	+17.24% TTM	+13.95% TTM	+12.64%
BELRISE INDUSTRIES LIMITED	21,253	219.75	41.93	14.70%	—	—	+51.19%
SPR Auto Technologies Limited	19,750	4,257.65	33.20	18.00%	+46.79% TTM	+8.24% TTM	+57.73%
Tenneco Clean Air India Limited	18,753	464.65	31.18	64.30%	—	—	—
Minda Corporation Limited	16,202	677.70	29.06	15.10%	+32.84% TTM	+108.97% TTM	+14.51%
Lumax Auto Technologies Ltd.	14,306	2,099.00	33.99	24.70%	+32.82% TTM	+57.49% TTM	+75.07%
SEDEMAC MECHATRONICS LIMITED S	13,737	3,106.75	—	31.00%	—	—	—
Amara Raja Energy & Mobility Limited	13,341	728.90	16.72	14.40%	+15.67% TTM	-11.47% TTM	-26.41%
CIE Automotive India Limited	13,295	350.45	14.25	—	+12.44% TTM	+15.35% TTM	-18.90%
Frontier Springs Ltd. S	1,606	1,359.05	27.41	43.60%	+27.06% TTM	+38.12% TTM	-10.23%

Filings & corporate actions

Recent announcements

Frontier Springs Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/11/2026 ,inter alia, to consider and approve the Un-Audited Financial Results ....28 Oct 2026 · Board Meeting / Board Meeting
Compliance Certificate under Regulation 74 (5)of SEBI (DP) Regulations, 20187 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window.28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Voting results pursuant to regulation 44(3) of SEBI (Listing Obligations & Disclosure Requirements), 201524 Sep 2026 · AGM/EGM / AGM
Scrutinizer''s Report of 46th AGM of Frontier Springs Limited held on 22.09.202624 Sep 2026 · AGM/EGM / AGM
Proceedings of the 46th Annual General Meeting of Frontier Springs Limited held on Tuesday, 22nd September, 2026 at 12.00 P.M.22 Sep 2026 · AGM/EGM / AGM
Special Window for transfer and dematerialisation of physical securities8 Sep 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 30 of SEBI (LODR) this is to inform you that National Stock Exchange of India Limited vide its circular no. NSE/CML/73797 dated April 17, 2026 has notified that ....8 Sep 2026 · Company Update / Newspaper Publication
Newspaper Publication regarding the date of Annual General Meeting, Record Date and E-Voting Information31 Aug 2026 · Company Update / Newspaper Publication
Annual Report for Financial Year 2025-2026.29 Aug 2026 · Others / Reg. 34 (1) Annual Report
Scrutinizers Report along with Voting Results.27 Aug 2026 · AGM/EGM / Postal Ballot
Scrutinizers Report for Postal Ballot.27 Aug 2026 · AGM/EGM / Postal Ballot
The Company has fixed 15th September, 2026 (Tuesday) as Record Date for the recommended final dividend i.e. Rs. 0.70/- per paid-up equity share of Rs. 10/- each, subject to the approval ....26 Aug 2026 · Corp. Action / Record Date
As per attached intimation26 Aug 2026 · AGM/EGM / AGM
Extract of Un-Audited Financial Results for the Quarter ended 30th June, 2026.14 Aug 2026 · Company Update / Newspaper Publication
Investor Presentation on Unaudited Financial Results for the quarter ended June 30, 202613 Aug 2026 · Company Update / Investor Presentation
Press Release for the quarter ended June 30,2026.12 Aug 2026 · Company Update / Press Release / Media Release
Un-Audited Financial Results for the quarter ended 30th June 202612 Aug 2026 · Board Meeting / Outcome of Board Meeting
Frontier Springs Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve Un-Audited Financial Results ....30 Jul 2026 · Board Meeting / Board Meeting
Intimation of Newspaper Publication for Postal Ballot Notice.27 Jul 2026 · Company Update / Newspaper Publication
Postal Ballot Notice25 Jul 2026 · Company Update / Meeting Updates
Notice of Postal Ballot.25 Jul 2026 · AGM/EGM / Postal Ballot
Certificate under Regulation 74(5) of SEBI(DP) Regulations,2018 for the quarter ended June 30,2026.10 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window.30 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Earning Call Transcript of Concall held on June 3,2026.5 Jun 2026 · Company Update / Earnings Call Transcript
Link for Concall of Company held today.3 Jun 2026 · Company Update / Analyst / Investor Meet
Extract of Audited financial Results for the quarter and year ended March 31,2026.1 Jun 2026 · Company Update / Newspaper Publication
Extract of Audited Financial Results for the quarter and year ended March 31,2026.30 May 2026 · Company Update / Newspaper Publication
Concall scheduled for Wednesday, June 03,2026 at 12:00 P.M.30 May 2026 · Company Update / Analyst / Investor Meet
Re-appointment of Cost Auditors M/s R.M. Bansal & Co as Cost Auditors of the Company for the Financial Year 2026-27.29 May 2026 · Company Update / General
Conference Call scheduled on Wednesday, June 03,2026 at 12:00 P.M.29 May 2026 · Company Update / Earnings Call Transcript
Annual Secreterial Compliance Report for the financial year ended March 31,2026.29 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Reappointment of Internal Auditors.29 May 2026 · Company Update / General
Investor Presentation on Audited Financial Results for the quarter and year ended March 31,2026.29 May 2026 · Company Update / Investor Presentation
Press Release on Audited Financials results for the quarter and year ended March 31,2026.29 May 2026 · Company Update / Press Release / Media Release
The Board of Directors on the recommendation of Nomination and Remuneration Committee appointed Shri Sushil Kumar Luthra having DIN 08483203 as an Additional (Independent) Director.28 May 2026 · Company Update / Change in Management
Board of Directors at its meeting held on 28.05.2026 approved a dividend of Rs. .07(7%) per equity share.28 May 2026 · Corp. Action / Dividend
Approval of Audited Financial Results for the Quarter and Year ended on March 31, 202628 May 2026 · Board Meeting / Outcome of Board Meeting
Frontier Springs Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/05/2026 ,inter alia, to consider and approve 1) Consideration and Approval ....11 May 2026 · Board Meeting / Board Meeting
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''><tr> <td>Sr. No.</td> <td>Particulars</td> <td>Details</td> ....30 Apr 2026 · Others / Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.7000	15 Sep 2026	15 Sep 2026	—
Bonus issue 2:1	13 Mar 2026	13 Mar 2026	—
Final Dividend - Rs. - 1.8000	15 Sep 2025	15 Sep 2025	—
Final Dividend - Rs. - 1.5000	20 Sep 2024	—	—

Board meetings

11 Nov 2026 Board Meeting - Financial Results
12 Aug 2026 Board Meeting - Financial Results