FRONTSP

Frontier Springs share price & financials

Price
₹1,407
Market cap
₹1.5k Cr

Quarterly results

Q4 FY26: revenue up 18.6%, net profit up 41.7% against the same quarter last year.

₹ Cr · quarterly
Line itemQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Revenue51 52 58 70 75 +47%83 +60%81 +40%83 +19%
EBITDA10 11 12 17 20 +100%22 +100%20 +67%24 +41%
Net profit7 7 9 12 15 +114%16 +129%14 +56%17 +42%
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 −21.0% 1Y

₹1.2k₹1.4k₹1.6k₹1.8kSept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹1,568.65 on 10 Sept 2025 → ₹1,240. High ₹1,794.7 (11 May 2026), low ₹1,227.15 (30 Mar 2026).

Financials, as filed

Revenue grew 54.4% a year over 2 years, FY24 to FY26. Operating margin widened to 26.7%.

Year endingFY24FY25FY26
Revenue₹135 Cr₹231 Cr₹322 Cr
Operating profit₹20 Cr₹50 Cr₹86 Cr
Operating margin14.8%21.6%26.7%
Interest₹0 Cr₹0 Cr₹0 Cr
Depreciation₹4 Cr₹4 Cr₹5 Cr
Net profit₹13 Cr₹35 Cr₹62 Cr
Net margin9.6%15.2%19.3%
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 endingFY20FY21FY22FY23FY24FY25
Equity capital₹4 Cr₹4 Cr₹4 Cr₹4 Cr₹4 Cr₹4 Cr
Reserves₹47 Cr₹56 Cr₹63 Cr₹71 Cr₹85 Cr₹151 Cr
Borrowings₹9 Cr₹4 Cr₹3 Cr₹5 Cr₹4 Cr₹7 Cr
Other liabilities₹18 Cr₹20 Cr₹22 Cr₹31 Cr₹30 Cr₹20 Cr
Total liabilities₹78 Cr₹83 Cr₹92 Cr₹110 Cr₹123 Cr₹182 Cr
Fixed assets₹33 Cr₹34 Cr₹37 Cr₹42 Cr₹45 Cr₹63 Cr
Capital work in progress₹1 Cr₹0 Cr₹1 Cr₹1 Cr₹2 Cr₹0 Cr
Investments₹5 Cr₹8 Cr₹13 Cr₹15 Cr₹18 Cr₹30 Cr
Other assets₹39 Cr₹41 Cr₹42 Cr₹52 Cr₹59 Cr₹89 Cr
Total assets₹78 Cr₹83 Cr₹92 Cr₹110 Cr₹123 Cr₹182 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, DIIs added +0.24 pp while the public trimmed −0.23 pp. The shareholder count grew 66% to 17,968.

Promoters
51.8%
DIIs
0.4%
Public
47.9%

Since Jun 2025

  • DIIs +0.24 pp
  • Public −0.23 pp
  • Promoters 0.00 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 51.8%, Public 48.2%.Dec '23: Promoters 51.8%, Public 48.2%.Mar '24: Promoters 51.8%, Public 48.3%.Jun '24: Promoters 51.8%, Public 48.2%.Sep '24: Promoters 51.8%, Public 48.2%.Dec '24: Promoters 51.8%, Public 48.3%.Mar '25: Promoters 51.8%, Public 48.2%.Jun '25: Promoters 51.8%, DIIs 0.1%, Public 48.1%.Sep '25: Promoters 51.8%, DIIs 0.1%, Public 48.1%.Dec '25: Promoters 51.8%, DIIs 0.2%, Public 48.0%.Mar '26: Promoters 51.8%, DIIs 0.5%, Public 47.7%.Jun '26: Promoters 51.8%, DIIs 0.4%, Public 47.9%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Frontier Springs Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Kamla Bhatia 15.90%unchanged
Kapil Bhatia 15.57%unchanged
Neeraj Bhatia 14.15%unchanged
Investor Education and Protection Fund 6.27%unchanged
Kundan Lal Bhatia 3.39%unchanged
Frontier Springs Ltd 3.31%unchanged
Darrshana Kothari 1.60%unchanged
Neeta Manoj Ruparel 1.60%unchanged
Vishpa Rail Equipments Private Limited 1.27%unchanged
Singhi Dinesh Kumar Huf 1.08%unchanged
Mamta Bhatia 0.97%unchanged
Puran Chand Bhatia Huf 0.93%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.

What the price assumes

Attractive

To justify its price of ₹1240, this stock must grow earnings at 16% every year for 7 years. Our analysis caps realistic growth at ~117%. At that growth it is worth ₹79534 — upside of 6314%.

Growth the price implies
15.6% a year
for 7 years, fading to 4%
It has actually compounded at
118.4% a year
net profit, FY24–FY26 · EPS 117.2%
The gap
-1.0 pp
6314% downside if it only repeats history
Price today ₹1,240 Value at the reference growth ₹79,533.59

Change the assumptions yourself →