ALFA Finder| Revenue growth | Moderate growth due to telecom capex delays and airport project stalemates. |
|---|---|
| Order book | Order book stands at ₹36-38cr as of March 31, 2026. |
| Demand visibility | Reviving demand in DAS; strong pipeline for AI-powered surveillance solutions. |
| Management confidence | Optimistic about long-term pivot but defensive regarding recent revenue hits. |
Growth
FY26 revenue was muted; EMS and 5G implementation are early-stage growth drivers with ₹5cr EMS revenue target.
Outlook
Aspirational target of ₹500cr revenue and ₹75cr EBITDA by FY28, contingent on surveillance market capture.
Risks
Heavy dependence on telecom operator capex and prolonged stalemates in major airport infrastructure projects (DAS).
Earnings Call filed with NSE, NSE: FROG. Summary written with AI assistance from the document.
Frog Innovations Ltd: key numbers
- Share price
- ₹259.75
- Market cap
- ₹404.0 Cr
- Revenue (annual)
- ₹106.1 Cr
- Net profit (annual)
- ₹-1.57 Cr
- P/E (TTM)
- -258.0×Sector 55.3×
- Promoter holding
- 72.54%
- FII holding
- 0.20%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Frog Innovations Ltd
All →Frog Innovations Board Meeting Date
Frog Innovations Limited has scheduled a board meeting for 13 November 2026 to consider unaudited standalone and consolidated half-yearly results. The trading window stays closed until 15 November 2026.
Frog Innovations Partnership
Frog Innovations entered a strategic technology manufacturing and distribution agreement with USA-based LigoWave Networks. The five-year alliance covers wireless connectivity products for Indian and international markets.
- From
- Ligowave Networks Inc.
- Execution
- 5 years
Frog Innovations Management Change
Frog Innovations Limited has re-designated Mr. Tarun Tularam Sharma from Whole-time Director to Non-Executive Non-Independent Director, effective September 01, 2026.
Frog Innovations Other Announcement
Frog Innovations Limited has reconstituted its Nomination and Remuneration Committee of the Board of Directors, as detailed in the regulatory intimation.
Frog Innovations Acquisition Worth ₹36 Cr
Frog Innovations Limited approved the 100% acquisition of VLS Developers Private Limited for ₹36 Crore to secure the entity's underlying land and building assets.
- Value
- ₹36.00 Cr
- Execution
- Within 2 months
Frog Innovations Annual General Meeting
Frog Innovations Limited filed the minutes of its 22nd Annual General Meeting held on July 22, 2026. Shareholders approved financial statements and other business items.