ALFA Finder| Revenue growth | FY26 hit by DAS business slowdown; FY27 expected to beat FY25. |
|---|---|
| Margins | EBITDA was negative in FY26 due to lower business volume. |
| Order book | Current order book approx. ₹36-38 crores; executable within the current year. |
| Demand visibility | Gradual revival in DAS pipeline; surveillance and 5G services showing traction. |
| Management confidence | Confident in achieving ₹500cr target despite current moderate performance. |
Growth
FY26 saw revenue hit from DAS stalemate and reduced telecom capex; EMS and AI analytics are emerging growth engines.
Outlook
Targets ₹500cr revenue by FY28. FY27 expected to beat FY25. Near-term focus on North India surveillance market.
Risks
Industry headwinds, delays in airport/metro projects, geopolitical impacts on international inquiries, and highly regulated telecom markets.
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.
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