Frontier Springs Reports Outstanding Financial Results for Q2 FY25, Receives 'Hold' Rating from MarketsMOJO

Frontier Springs, a microcap company in the auto ancillary industry, has recently declared its financial results for the quarter ending September 2024. The stock call for the company by MarketsMOJO is ‘Hold’.

According to the financials, Frontier Springs has shown outstanding performance in the second quarter of FY24-25, with a score improvement from 43 to 47 in the last three months. The company’s profit before tax (PBT) less other income has grown by 154.50% year on year, with a very positive trend in the near term. Similarly, the profit after tax (PAT) has also shown a growth of 155.8% year on year, with a positive trend in the near term.

The net sales for the company have been consistently growing in the last five quarters, with the highest at Rs 52.24 crore. The net sales have also shown a growth of 59.51% year on year, indicating a positive trend in the near term. The operating profit (PBDIT) has also been consistently growing, with the highest at Rs 10.69 crore. The operating profit margin has also improved, with the highest at 20.46%, showcasing the company’s efficiency.

Frontier Springs has also generated a high operating cash flow of Rs 11.57 crore in the last three years, indicating a strong revenue generation from its business operations. The company has also shown an increase in earnings per share (EPS) in the last five quarters, with the highest at Rs 18.41. This signifies an increase in profitability and higher earnings for shareholders.

In terms of liquidity, Frontier Springs has shown improvement with the highest cash and cash equivalents at Rs 11.53 crore in the last six half yearly periods. The company has also distributed higher dividends to its shareholders, with the highest dividend per share (DPS) at Rs 1.50 in the last five years.

Overall, Frontier Springs has shown a strong financial performance in the recent quarter, with positive trends in key financial indicators. With a ‘Hold’ stock call by MarketsMOJO, the company is expected to continue its growth in the near future.