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Frontier Springs share price & results

Frontier Springs Limited· Automobile and Auto Components· Consumer Discretionary

Results to
Jun 2026
Latest analysed call
Q4 FY26
Ownership as of
Sept 2026

Kanpur-based maker of hot-coiled springs, forgings and air-spring suspension systems for Indian Railways rolling stock.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue78.0 ₹ crore+4.0% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin25.0 %−2.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit12.0 ₹ crore−20.0% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity38.31 %+7.0 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin5.14 %+1.9 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)27.45 %−31.7 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

2 of 5 judged targets kept · 8 open · verdicts reflect calls analysed to Q4 FY26.

Frontier Springs Limited management guidance track record on Inve: 13 targets tracked across analysed earnings calls (2 achieved, 3 missed, 8 open).

TargetOriginal wordingSaidLatest callVerdict
EBITDA Margin21-22% (striving for 22-23%)
Call transcript, Q4 FY25 · 31 May 2025		Q4 FY25Q4 FY26:Achieved full-year EBITDA margin of 26.80% for FY26, meeting the revised-up guidance.
Call transcript, Q4 FY26 · 3 Jun 2026		Achieved
Gross RevenueRs. 375 crore
Call transcript, Q4 FY25 · 31 May 2025		Q4 FY25Q4 FY26:Company reported FY26 revenue of Rs. 322.06 crore, missing the guided target of Rs. 375 crore.
Call transcript, Q4 FY26 · 3 Jun 2026		Missed
Gross RevenueRs. 500 crore
Call transcript, Q4 FY25 · 31 May 2025		Q4 FY25Q4 FY26:Guidance for FY27 has been revised down to 'very well positioned to achieve ₹500 crores', a retreat from the earlier upgrade to ₹560-575 crores.
Call transcript, Q4 FY26 · 3 Jun 2026		Revised Down

Source: Inve Guidance Tracker for Frontier Springs Limited · to Q4 FY26

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

3 of Frontier Springs Limited's 13 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 10 more targets are in the full ledger.

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Price

₹1,270.2 −0.23% · −₹2.9

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −14.8% 1Y

₹1.2k₹1.4k₹1.6k₹1.8kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 14 Nov 2025Q4 FY26 — 3 Jun 2026

1Y: ₹1,490.42 on 24 Oct 2025 → ₹1,270.2. High ₹1,794.7 (11 May 2026), low ₹1,162.2 (22 Sept 2026).

Previous close
₹1,273.1
Market cap
₹1.5k Cr
52-week range
₹1,162.2 – ₹1,794.7
One year
−14.52%
Price to earnings (TTM to Jun 2026)
25.49×
Return on equity (TTM to Jun 2026)
38.31%

Overview

Symbol
NSE:FRONTSP
Industry
Consumer Discretionary
Exchange
NSE
Currency
INR

What Frontier Springs Limited does

Based on the company's own presentations, annual report and earnings calls.

Frontier Springs manufactures hot-coiled compression springs, precision forgings, and air-spring suspension systems used in wagons, coaches and locomotives, supplying Indian Railways and its production units (such as Chittaranjan, Banaras and Patiala Locomotive Works) as its primary end customer. It also exports directly to overseas rail markets under International Rail Industry Standard (IRIS) certification. The company operates across three business verticals - Springs, Forgings, and Air Springs - and has partnered with Contitech Germany to supply Air Springs to Indian Railways.

Segments

  • Springs Division
  • Forging Division
  • Air Spring Division
Manufacturing facilities
2 (Kanpur, Uttar Pradesh and Poanta Sahib, Himachal Pradesh)
Years of operating experience
40+
Forging component weight range produced
100 grams to 20 kilograms (up to 80 kg per PPT)
Forging hammer capacities installed
1-tonne, 3-tonne and 6-tonne hammers
Coil spring size range
10mm to 65mm wire thickness, up to 1,000mm height
Business verticals
3 (Springs, Forgings, Air Springs)
Founded 1981Headquarters Kanpur Dehat, Uttar Pradesh, India Company website

How the price took the results

close before → close after

Q4 FY26
−1.0%
3 Jun
Q2 FY26
−4.0%
14 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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