1. India Stocks

  2. •

    Producer manufacturing

  3. •

    Metal fabrication
Frontier Springs Limited.

Frontier Springs Limited.

1,292.20
INR
+40.80
(+3.26%)
50.62EPS
27.42P/E
16.40BMarket Cap
Frontier Springs Limited.
BSE:FRONTSP
(Bombay Stock Exchange)

Recent

price

1,292.20

P/E

ratio

27.42

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
36.36
30.4
33.16
32.18
30.54
34.59
41.27
50.04
69.07
83.17
65.14
70.79
88.18
111.46
192.02
268.2
280.99
Revenue per Share
4.21
2.4
1.7
1.43
0.34
0.43
1.81
3.02
7.11
11.87
6.6
6.36
6.13
10.99
29.34
51.89
50.62
Basic EPS, GAAP
1.45
-1.19
0.3
-3.37
1.15
-1.36
0.34
1.51
4.62
2.76
7.2
3.38
0.93
3.17
6.21
14.25
- -
Free Cash Flow per Basic Share
0.33
0.39
0.05
- -
- -
- -
- -
- -
0.39
0.38
- -
0.33
0.33
0.5
0.6
0.7
- -
Dividend per Share
14.46
16.48
18.12
19.55
19.9
20.33
22.13
25.15
31.96
43.44
50.4
57.07
63.21
75.59
104.92
155.28
- -
Book Value per Share
14.46
16.48
18.09
19.55
19.9
20.33
22.13
25.15
31.96
43.44
50.4
57
63.21
75.59
104.92
155.28
- -
Tangible Book Value per Share
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
Basic Weighted Avg Shares
430
359
392
380
361
409
488
591
816
983
770
836
1,042
1,317
2,269
3,169
3,252
Sales/Revenue/Turnover
15.34
11.64
8.37
7.59
4.04
6
7.95
11.52
13.36
18.24
13.07
11.22
9.35
13.24
20.28
25.79
24.61
Operating Margin (%)
10
8
11
12
13
15
17
19
22
24
27
29
32
37
40
49
51
Depreciation Expense
50
28
20
17
4
5
21
36
84
140
78
75
72
130
347
613
586
Net Income, GAAP
- -
24.16
25.99
25.26
27.86
49.32
8.07
35.15
18.43
20.08
26.01
25.42
25.91
25.67
25.31
25.45
27.12
Effective Tax Rate (%)
11.59
7.91
5.12
4.44
1.13
1.24
4.38
6.03
10.3
14.27
10.13
8.98
6.95
9.86
15.28
19.35
18.02
Profit Margin (%)
63
59
62
73
64
70
48
60
85
170
191
191
195
279
460
731
- -
Working Capital
17
13
14
36
44
58
63
58
28
32
16
12
12
12
19
16
- -
LT Debt
171
195
214
231
235
240
262
297
378
513
595
674
747
893
1,240
1,835
- -
Total Equity
- -
13.32
9.04
6.99
3.18
3.53
9.25
10.67
19.88
26.73
12.09
10.44
9.62
15.04
30.85
37.6
- -
Return on Invested Capital (%)
- -
13.8
9.61
7.31
3.16
3.44
8.98
10.78
20.48
27.38
13.22
11.52
9.98
15.24
31.25
37.96
- -
Return on Capital (%)
33.65
15.54
9.81
7.58
1.74
2.14
8.51
12.76
24.9
31.47
14.06
11.84
10.19
15.84
32.51
39.89
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
92
- -
LT Borrowings
- -
16
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
12
12
Market Capitalization
16,007
14,499
16,400

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,020
- -
Cash, Cash Equivalents & STI
- -
6
- -
Accounts Receivable, Net
- -
609
- -
Inventories
- -
341
- -
Total Current Liabilities
- -
288
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
92
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
23.19%
26.08%
48.01%
Free Cash Flow
88.66%
68.39%
129.23%
Net Income, GAAP
86.15%
63.18%
76.88%
Sales/Revenue/Turnover
24.89%
34.32%
39.68%
Total Cash Common Dividend
- -
- -
16.67%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
508
522
583
701
2,269
2026
753
827
814
825
3,169
2027
785
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
6.29
6.17
6.86
9.87
29.34
2026
12.48
13.29
13.16
14.04
51.89
2027
10.17
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.6
2026
- -
- -
- -
- -
0.7
2027
- -
- -
- -
- -
- -
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Business
Frontier Springs Limited specializes in producing hot coiled compression springs, air springs, and forging components primarily for the railway sector, also serving broader transportation, industrial, and governmental applications. The company manufactures various types of springs, including those for passenger trains, freight wagons, and locomotives, with its products also featured in India's Vande Bharat Express. Additionally, it provides forging items like brake block hangers and knuckle throwers for trains. Established on February 24, 1981, Frontier Springs Limited is headquartered in Kanpur, India. The company holds an ISO 14001:2015 certification and meets the International Rail Industry Standard (IRIS), enabling direct product export. It serves as a key supplier to Indian Railways, accounting for roughly 90% of its production.