FRONTCORP
Frontline Corporation financials
- Market cap
- ₹19 Cr
Quarterly results
Q1 FY27: revenue down 10.0%, net profit up 38.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 25 | 25 | 29 | 31 | 26 +2% | 28 +10% | 33 +16% | 28 −10% |
| EBITDA | 1 | 1 | 0 | 1 | 1 −4% | 1 −26% | 1 +97% | 1 +25% |
| Net profit | 1 | 1 | 1 | 1 | 1 −40% | 0 −35% | 1 −6% | 1 +39% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −33.3% 1Y
1Y: ₹47.99 on 9 Sept 2025 → ₹32. High ₹49.29 (17 Sept 2025), low ₹25.11 (6 Apr 2026).
Financials, as filed
Revenue grew 16.1% a year over 2 years, FY24 to FY26. Operating margin widened to 2.3%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹88 Cr | ₹104 Cr | ₹118 Cr |
| Operating profit | ₹0 Cr | ₹2 Cr | ₹3 Cr |
| Operating margin | 0.1% | 2.2% | 2.3% |
| Interest | ₹0 Cr | ₹1 Cr | ₹1 Cr |
| Depreciation | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Net profit | ₹1 Cr | ₹3 Cr | ₹2 Cr |
| Net margin | 1.4% | 2.8% | 2.0% |
| Cash from operations | ₹-2 Cr | ₹0 Cr | ₹1 Cr |
| Free cash flow | ₹-10 Cr | ₹0 Cr | ₹1 Cr |
| ROCE | 2.0% | 5.0% | 5.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr |
| Reserves | ₹2 Cr | ₹4 Cr | ₹6 Cr | ₹8 Cr | ₹12 Cr | ₹13 Cr |
| Borrowings | ₹52 Cr | ₹49 Cr | ₹49 Cr | ₹57 Cr | ₹56 Cr | ₹55 Cr |
| Other liabilities | ₹6 Cr | ₹6 Cr | ₹6 Cr | ₹8 Cr | ₹10 Cr | ₹12 Cr |
| Total liabilities | ₹65 Cr | ₹63 Cr | ₹66 Cr | ₹77 Cr | ₹82 Cr | ₹85 Cr |
| Fixed assets | ₹32 Cr | ₹31 Cr | ₹30 Cr | ₹34 Cr | ₹34 Cr | ₹32 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹2 Cr | ₹1 Cr | ₹1 Cr |
| Investments | ₹1 Cr | ₹1 Cr | ₹2 Cr | ₹1 Cr | ₹2 Cr | ₹1 Cr |
| Other assets | ₹32 Cr | ₹32 Cr | ₹34 Cr | ₹40 Cr | ₹46 Cr | ₹51 Cr |
| Total assets | ₹65 Cr | ₹63 Cr | ₹66 Cr | ₹77 Cr | ₹82 Cr | ₹85 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters trimmed −0.39 pp while the public added +0.39 pp. The shareholder count grew 3% to 1,413.
- Promoters
- 47.2%
- Public
- 52.8%
Since Jun 2025
- Promoters −0.39 pp
- Public +0.39 pp
How it drifted, 12 quarters
Over this window promoters fell from 48.6% to 47.2% — −1.4 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 48.6%, Public 51.4%.Dec '23: Promoters 48.6%, Public 51.4%.Mar '24: Promoters 48.6%, Public 51.4%.Jun '24: Promoters 48.6%, Public 51.4%.Sep '24: Promoters 47.8%, Public 52.3%.Dec '24: Promoters 47.7%, Public 52.3%.Mar '25: Promoters 47.7%, Public 52.3%.Jun '25: Promoters 47.6%, Public 52.4%.Sep '25: Promoters 47.2%, Public 52.8%.Dec '25: Promoters 47.2%, Public 52.8%.Mar '26: Promoters 47.2%, Public 52.8%.Jun '26: Promoters 47.2%, Public 52.8%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Gaurav Jhunjhunwala newly disclosed 4.08% held
- Ms. Hansa Agarwal newly disclosed 3.42% held
- Ram Prasad Agarwala - 2 +3.07 pp 7.77% held
The same filing shows 0 holders trimming and 3 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Frontline Corporation Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Mudhira Fine Blanc Private Limited | 11.21% | unchanged |
| Ram Prasad Agarwala - 2 | 7.77% | +3.07 pp |
| Rewa Jhunjhunwala | 5.23% | unchanged |
| Pawan Kumar Agarwala | 5.01% | unchanged |
| Beardsell Limited | 4.75% | unchanged |
| Hotel Jagam Private Limited | 4.35% | unchanged |
| Gaurav Jhunjhunwala | 4.08% | newly disclosed |
| Ms. Hansa Agarwal | 3.42% | newly disclosed |
| Falgun Export Private Limited | 3.24% | unchanged |
| Mitesh Dave | 3.04% | unchanged |
| Mukund Bansal | 3.04% | unchanged |
| Narayan Prasad Agarwal | 2.92% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Frontline Corporation Limited
Guides on how to read this kind of business and the numbers that matter.