| Revenue growth | FY26 +39.2% YoY; FY27 target ₹500cr gross. |
|---|---|
| Margins | Targeting 23-24% margin despite raw material volatility. |
| Order book | ₹300cr+ as of June 2026. |
| Demand visibility | Strong; 5-10 years visibility in passenger coaches. |
| Management confidence | High, citing 'sheer momentum' in Railway investments. |
Growth
FY26 Revenue: ₹322.06cr (+39.2% YoY); PAT: ₹61.31cr (+76.9% YoY); EBITDA Margin: 26.8% (up 533 bps).
Outlook
Guided ₹500cr+ gross revenue for FY27 (30% growth); planned ₹20-25cr capex; targeting 20-25% long-term growth.
Risks
Elevated steel prices and rising energy costs (LPG/CNG) create margin headwinds; dependency on Indian Railways contracts.
Last quarter's promises, checked
Delivered
- Guided ₹375cr FY26 gross revenue → delivered ₹322.06cr net (~₹380cr+ gross) (= BEAT)
- Guided 21-22% EBITDA margins → delivered 26.8% (= BEAT)
- Guided ₹15cr FY26 Capex → delivered ₹15cr (= BEAT)
Partly delivered
- Guided FIBA commercialization FY27 → trials starting / RDSO pending (= PARTIAL)
Earnings Call filed with BSE, NSE: FRONTSP. Summary written with AI assistance from the document.
Frontier Springs Ltd: key numbers
- Share price
- ₹1,440.70
- Market cap
- ₹1,702 Cr
- Revenue (annual)
- ₹322.1 Cr
- Net profit (annual)
- ₹61.31 Cr
- P/E (TTM)
- 29.1×Sector 33.6×
- Promoter holding
- 51.76%+0.00% QoQ
- FII holding
- 0.00%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Frontier Springs Ltd
All →Frontier Springs Annual General Meeting
Frontier Springs Ltd. held its 46th Annual General Meeting on 22nd September, 2026, where shareholders considered financial reports, dividends, and director re-appointment.
Frontier Springs Investor Presentation: Key Takeaways
Frontier Springs reported Q1FY27 revenue of ₹78.46 Cr and PAT of ₹12.01 Cr. Performance was impacted by supply-side disruptions, though management remains committed to annual revenue targets.
Frontier Springs Q1 FY27 Results: Net Profit ₹12 Cr, Down 18.4% YoY
Frontier Springs Ltd reported revenue from operations of ₹78.5 Cr (+4.2% YoY) and net profit of ₹12 Cr (-18.4% YoY) for Q1 FY27.
- Key figure
- Net profit ₹12 Cr · -18.4% YoY
Frontier Springs Earnings Call: Key Takeaways
Frontier Springs delivered strong FY26 performance with 39% revenue growth and significantly improved profitability driven by the new Air Springs segment and Indian Railways demand.
Frontier Springs Q4 FY26 Results: Net Profit ₹16.6 Cr, Up 41.9% YoY
Frontier Springs Ltd reported revenue from operations of ₹82.5 Cr (+17.7% YoY) and net profit of ₹16.6 Cr (+41.9% YoY) for Q4 FY26.
- Key figure
- Net profit ₹16.6 Cr · +41.9% YoY