Frontier Springs Ltd (FRONTSP) — shareholding pattern, promoter holding, financials and share price
About Frontier Springs Ltd (FRONTSP)
Frontier Springs Ltd operates in the Auto Components & Equipments industry, within the Automobile and Auto Components sector. It trades on the NSE as FRONTSP and on the BSE under scrip code 522195. Its ISIN is INE572D01014.
Incorporated in 1981, Frontier Springs Ltd is mainly engaged in the production of L.H.B. Springs and Hot Coiled Compression Springs and Forging items for Wagon, Locomotives and Carriage [1]
Frontier Springs Limited manufactures hot coiled compression springs, air springs and forgings primarily for Indian Railways and heavy engineering customers, operating three plants in Kanpur Dehat and Himachal Pradesh with IRIS and ISO certifications and a history dating back to 1981.
The company delivered strong growth in 9MFY26 with revenue of ₹239.52 crore, EBITDA of ₹62.77 crore and PAT of ₹44.73 crore, reflecting a nearly 90% increase in EBITDA year-on-year and wider margins driven by higher volumes and product mix improvement.
Listed peers in Auto Components & Equipments: Studds Accessories Ltd, Rico Auto Industries Ltd, Bharat Seats Ltd, RACL Geartech Ltd, Igarashi Motors India Ltd, Sar Auto Products Ltd.
Valuation & Returns
10 Jul 2026At ₹1,446.9 a share on 10 Jul 2026, Frontier Springs Ltd (FRONTSP) was valued at a price-to-earnings ratio of 27.88x against an industry P/E of 37.75x and a price-to-book of 13.79x on a book value of ₹104.92 per share as of Mar 2025. Solomo computes return on equity of 49.47% and return on capital employed of 63.52% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 27.88x
- Industry P/E
- 37.75x
- P/B
- 13.79x
- EPS (TTM)
- ₹51.9
- Book value / share
- ₹104.92
- ROE
- 49.47%
- ROCE
- 63.52%
- ROA
- 36.21%
- Debt / equity
- 0.05x
- Dividend yield
- 0.04%
- EBITDA margin
- 27.15%
- 52-week range
- ₹1,376 – ₹1,869
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Frontier Springs Ltd (FRONTSP) reported revenue of ₹322 crore, net profit of ₹61 crore and earnings per share of ₹51.89. That compares with revenue of ₹231 crore and net profit of ₹35 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2015, revenue was ₹12.64 crore and net profit ₹1.22 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 84 | 107 | 135 | 231 | 322 |
| Net profit (₹ cr) | 8 | 7 | 13 | 35 | 61 |
| EPS (₹) | 6.36 | 6.14 | 11.01 | 29.37 | 51.89 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 22.43% | 18.77% | 48.32% | 70.83% |
| Profit growth | 59.88% | 19.85% | 66.47% | 166.82% |
| Stock price CAGR | 65% | 72% | 113% | -15% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 51.76% of Frontier Springs Ltd (FRONTSP) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0% and domestic institutional investors (DII) hold 0.36%. Market capitalisation was ₹1,710 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: INVESTOR EDUCATION AND PROTECTION FUND 6.27%, FRONTIER SPRINGS LTD 3.31%, DARRSHANA KOTHARI 1.6%, NEETA MANOJ RUPAREL 1.6%, VISHPA RAIL EQUIPMENTS PRIVATE LIMITED 1.27%, SINGHI DINESH KUMAR HUF 1.08%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 51.76% | - | 0% | 0.36% | 48.24% |
| Mar 2026 | 51.76% | - | 0% | 0.51% | 48.24% |
| Dec 2025 | 51.76% | - | 0% | 0.21% | 48.24% |
| Sep 2025 | 51.76% | - | 0% | 0.1% | 48.24% |
| Jun 2025 | 51.76% | - | 0% | 0.12% | 48.24% |
| Mar 2025 | 51.76% | - | 0% | - | 48.24% |
| Dec 2024 | 51.76% | - | 0% | - | 48.24% |
| Sep 2024 | 51.76% | - | 0% | - | 48.24% |