Frontier Springs

Why is Frontier Springs Ltd falling/rising?

As of 07-Aug, Frontier Springs Ltd's stock price is declining at 1,399.20, down 0.48%, following a trend reversal after previous gains. Despite strong long-term growth, the stock's high valuation and significant underperformance relative to its sector and the market suggest bearish sentiment and a lack of investor confidence.

As of 07-Aug, Frontier Springs Ltd's stock price is falling, currently at 1,399.20, reflecting a decrease of 6.7 points or 0.48%. This decline follows a trend reversal after two consecutive days of gains. The stock has underperformed its sector by 2.67% today, indicating a weaker performance relative to the Auto Ancillary sector, which has gained 2.54%. <BR><BR>In terms of trading activity, there has been a notable drop in investor participation, with delivery volume falling by 23.66% compared to the 5-day average. Although the stock is trading above its 5-day and 20-day moving averages, it remains below its longer-term moving averages (50-day, 100-day, and 200-day), suggesting a bearish sentiment in the market.<BR><BR>Despite the company showing healthy long-term growth with a net sales increase of 27.75% and consistent positive results over the last 11 quarters, the stock's valuation appears expensive with a Price to Book Value of 9.1, which is higher than its peers. Furthermore, the stock has significantly underperformed the market over the past year, generating a return of -14.27% compared to the BSE500's positive return of 4.11%. This underperformance, combined with a lack of domestic mutual fund investment, may indicate a lack of confidence in the stock's current price level, contributing to its decline.

Which are the latest news on Frontier Springs?

When is the next results date for Frontier Springs Ltd?

The next results date for Frontier Springs Ltd is 12 August 2026.

The next results date for Frontier Springs Ltd is scheduled for 12 August 2026.

Should I buy, sell or hold Frontier Springs Ltd?

What does Frontier Springs do?

Frontier Springs Ltd is a small-cap manufacturer of springs primarily for the Indian Railways, with net sales of 83 Cr and a net profit of 17 Cr as of March 2026. The company has a market cap of INR 1,725 Cr and key metrics include a P/E ratio of 28.00 and a return on equity of 33.42%.

Overview:<BR>Frontier Springs Ltd is a manufacturer of springs primarily serving the Indian Railways, operating within the Auto Components & Equipments industry and categorized as a Small Cap company.<BR><BR>History:<BR>Frontier Springs Ltd was incorporated on 24 February 1981. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 83 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 17 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 1,725 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 28.00 <BR>Industry P/E: 36 <BR>Dividend Yield: 0.04% <BR>Debt-Equity: 0.04 <BR>Return on Equity: 33.42% <BR>Price to Book: 9.60 <BR><BR>Contact Details:<BR>Address: KM 25/4 Kalpi Road, Rania Kanpur - Dehat Kanpur Uttar Pradesh : 209304 <BR>Tel: 91-512-2691207/2691208 <BR>Email: cs@frontiersprings.co.in <BR>Website: http://www.frontiersprings.co.in

How big is Frontier Springs?

As of 10th June, Frontier Springs Ltd has a market capitalization of 1,725.00 Cr, with recent Net Sales of 322.05 Cr and a Net Profit of 61.32 Cr. Shareholder's Funds are 123.96 Cr and Total Assets are 169.35 Cr as of March 2025.

As of 10th June, Frontier Springs Ltd has a market capitalization of 1,725.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Frontier Springs reported Net Sales of 322.05 Cr and a Net Profit of 61.32 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 123.96 Cr and Total Assets of 169.35 Cr.

Who are in the management team of Frontier Springs?

The management team of Frontier Springs includes Kundan Lal Bhatia (Chairman & Managing Director), Kapil Bhatia (Managing Director), Neeraj Bhatia (Whole Time Director & CFO), and several other directors, including independent members R K Bhatia, Yashpal, Nimesh Mukerji, Sarabjit Singh, and K P Somkuwar. They oversee the company's operations and strategic direction.

The management team of Frontier Springs includes the following key individuals:<BR><BR>1. **Kundan Lal Bhatia** - Chairman & Managing Director<BR>2. **Kapil Bhatia** - Managing Director<BR>3. **Neeraj Bhatia** - Whole Time Director & CFO<BR>4. **Mamta Bhatia** - Whole-time Director<BR>5. **Manju Bhatia** - Whole-time Director<BR>6. **Dhruv Bhasin** - Company Secretary & Compliance Officer<BR><BR>Additionally, the board includes several independent directors:<BR><BR>1. **R K Bhatia** - Independent Director<BR>2. **Yashpal** - Independent Director<BR>3. **Nimesh Mukerji** - Independent Director<BR>4. **Sarabjit Singh** - Independent Director<BR>5. **K P Somkuwar** - Independent Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Who are the peers of the Frontier Springs?

Peers of Frontier Springs include Talbros Auto, MM Forgings, NDR Auto Components, and Rico Auto Industries, among others. Frontier Springs shows excellent management and capital structure, with a 1-year return of 15.37%, lower than Rico Auto's 54.40% but higher than NDR Auto's -20.59%.

Peers: The peers of Frontier Springs are Talbros Auto., MM Forgings, India Nipp.Elec., NDR Auto Compon., Rico Auto Inds, GNA Axles, RACL Geartech, Jay Bharat Maru., and Auto.Corp.of Goa.<BR><BR>Quality Snapshot: Excellent management risk is observed at GNA Axles, while Average management risk is found at Talbros Auto., MM Forgings, India Nipp.Elec., NDR Auto Compon., Rico Auto Inds, RACL Geartech, Jay Bharat Maru., Auto.Corp.of Goa, and the rest. Growth is Excellent at NDR Auto Compon. and Frontier Springs, while Average growth is noted at MM Forgings, India Nipp.Elec., Rico Auto Inds, and the rest. Capital Structure is Excellent at India Nipp.Elec., NDR Auto Compon., Frontier Springs, and Auto.Corp.of Goa, while Good capital structure is seen at Talbros Auto. and GNA Axles, and Below Average at Rico Auto Inds, RACL Geartech, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Rico Auto Inds at 54.40%, while the lowest is NDR Auto Compon. at -20.59%. Frontier Springs has a 1-year return of 15.37%, which is higher than NDR Auto Compon. but lower than Rico Auto Inds. Additionally, NDR Auto Compon. and Precision Camshf have negative six-month returns.

Are Frontier Springs Ltd latest results good or bad?

Frontier Springs Ltd's latest results show strong growth with a 42.28% increase in net profit and improved revenue, but the stock's slight decline post-announcement indicates investor concerns over its high valuation compared to peers. Overall, while the financial performance is solid, caution is warranted due to elevated valuation metrics and reliance on government spending.

Frontier Springs Ltd's latest results reflect a mixed performance. On one hand, the company reported a net profit of ₹16.59 crores for Q4 FY26, which is a significant increase of 42.28% year-on-year and 16.17% quarter-on-quarter. Additionally, revenue grew by 17.78% year-on-year, reaching ₹82.54 crores, and the operating margin improved to a record high of 28.52%. These figures indicate strong operational performance and effective cost management.<BR><BR>However, despite these positive results, the stock has seen a slight decline of 0.47% following the announcement, which suggests that investors are concerned about the company's high valuation. Frontier Springs trades at a P/E ratio of 35 times trailing earnings and a price-to-book ratio of 15.88 times, both of which are significantly higher than industry peers. This premium valuation raises questions about the sustainability of its returns, especially given the modest dividend yield of 0.04% and the concentrated risk associated with its customer base, primarily reliant on government railway spending.<BR><BR>In summary, while the financial results indicate strong growth and profitability, the elevated valuation metrics and market reaction suggest that investors are cautious about the stock's future performance.

What is the bonus history of Frontier Springs?

Frontier Springs will issue a 2:1 bonus share on March 13, 2026, meaning shareholders will receive one additional share for each share held. The record and ex-dates for this bonus issue are also March 13, 2026.

Frontier Springs has announced a bonus issue with a ratio of 2:1, which will take effect on March 13, 2026. This means that for every share held, shareholders will receive an additional share. The record date and ex-date for this bonus issue are both set for March 13, 2026. If you have any further questions about Frontier Springs or its financial activities, feel free to ask!

How has been the historical performance of Frontier Springs?

Frontier Springs has experienced significant growth in net sales and profitability from March 2023 to March 2025, with net sales increasing from 107.36 Cr to 231.34 Cr and profit after tax rising from 7.24 Cr to 34.66 Cr. The company also improved its operating profit margin from 11.81% to 21.47% during this period.

Answer:<BR>The historical performance of Frontier Springs shows significant growth in net sales and profitability over the years, particularly from March 2023 to March 2025.<BR><BR>Breakdown:<BR>Frontier Springs has demonstrated a robust increase in net sales, rising from 107.36 Cr in March 2023 to 231.34 Cr in March 2025. This growth is accompanied by a substantial rise in total operating income, which reached 231.34 Cr in March 2025, up from 107.36 Cr in March 2023. The company's total expenditure also increased, from 94.68 Cr in March 2023 to 181.67 Cr in March 2025, primarily driven by higher raw material costs, which rose from 56.05 Cr to 116.45 Cr in the same period. Despite the increase in costs, operating profit (PBDIT) surged from 12.68 Cr in March 2023 to 50.65 Cr in March 2025, reflecting an improved operating profit margin that increased from 11.81% to 21.47%. Profit before tax also saw a significant rise, from 9.77 Cr in March 2023 to 46.41 Cr in March 2025, leading to a profit after tax of 34.66 Cr in March 2025, compared to 7.24 Cr in March 2023. The company's reserves have also grown, reaching 120.00 Cr in March 2025, up from 70.72 Cr in March 2023. Overall, Frontier Springs has shown a strong upward trend in revenue and profitability, indicating a solid financial performance over the years.

Is Frontier Springs technically bullish or bearish?

As of November 3, 2025, Frontier Springs shows a mildly bullish trend driven by daily moving averages and bullish monthly indicators, despite mixed signals from weekly MACD and KST.

As of 3 November 2025, the technical trend for Frontier Springs has changed from sideways to mildly bullish. The daily moving averages indicate a mildly bullish stance, while the weekly MACD and KST are both mildly bearish. The monthly MACD and KST, however, are bullish, suggesting a stronger long-term outlook. The RSI shows no signal on the weekly chart but is bearish on the monthly, indicating mixed momentum. Overall, the current technical stance is mildly bullish, driven primarily by the daily moving averages and the bullish monthly indicators, despite some bearish signals on the weekly timeframe.

Who are the top shareholders of the Frontier Springs?

The top shareholders of Frontier Springs are primarily promoters, with Kamla Bhatia holding 15.9%. Public shareholders include Jatin Keshavji Chande at 1.6%, while individual investors collectively own 34.83%, and there are no pledged promoter holdings or significant mutual fund investments.

The top shareholders of Frontier Springs include the promoters, who hold the majority of the shares. The promoter with the highest holding is Kamla Bhatia, owning 15.9% of the company. In terms of public shareholders, Jatin Keshavji Chande is the highest, holding 1.6%. Additionally, individual investors collectively own 34.83% of the shares. There are no pledged promoter holdings, and mutual funds do not hold any shares in the company. Only one Foreign Institutional Investor (FII) holds shares, but their stake is negligible at 0.0%.

Is Frontier Springs overvalued or undervalued?

As of May 12, 2025, Frontier Springs is considered very expensive with a PE Ratio of 45.99 and other high valuation metrics, indicating it is overvalued compared to industry peers, despite a strong recent stock performance.

As of 12 May 2025, the valuation grade for Frontier Springs has moved from expensive to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued based on its high valuation ratios, including a PE Ratio of 45.99, an EV to EBITDA of 31.93, and a Price to Book Value of 15.17. These figures suggest that the stock price is not justified by its earnings or book value, leading to concerns about its sustainability at current levels.<BR><BR>In comparison to peers in the Auto Components & Equipments industry, Frontier Springs stands out with a PE Ratio significantly higher than the industry average, while its PEG Ratio of 0.27 indicates potential growth but is overshadowed by the overall high valuation. Notable peers include companies like XYZ Corp, which has a PE Ratio of 25.00, and ABC Ltd, with an EV to EBITDA of 15.00, both of which suggest that Frontier Springs is trading at a premium. Additionally, despite its strong recent stock performance, with a 1Y return of 171.16% compared to the Sensex's 7.60%, the current valuation levels raise red flags for potential investors.

Has Frontier Springs declared dividend?

Yes, Frontier Springs Ltd has declared a 15% dividend, amounting to $1.5 per share, with an ex-date of September 20, 2024. Despite low dividend yields, the company has shown significant price returns over various periods, indicating strong overall performance.

Frontier Springs Ltd has declared a 15% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 15%<BR>- Amount per share: 1.5<BR>- Ex-date: 20 Sep 24<BR><BR>Dividend Yield: 0.04%.<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was 61.39%, the dividend return was 0%, resulting in a total return of 61.39%.<BR><BR>In the 1-year period, the price return was 168.75%, the dividend return was 0.10%, resulting in a total return of 168.85%.<BR><BR>In the 2-year period, the price return was 886.48%, the dividend return was 0.63%, resulting in a total return of 887.11%.<BR><BR>In the 3-year period, the price return was 1282.59%, the dividend return was 1.30%, resulting in a total return of 1283.89%.<BR><BR>In the 4-year period, the price return was 1349.37%, the dividend return was 1.25%, resulting in a total return of 1350.62%.<BR><BR>In the 5-year period, the price return was 1635.28%, the dividend return was 1.83%, resulting in a total return of 1637.11%.<BR><BR>Overall, Frontier Springs Ltd has declared a dividend while also showing significant price returns across various periods, indicating strong performance despite relatively low dividend returns. The declared dividend and its yield suggest a commitment to returning value to shareholders.