ALFA Finder| 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
- ₹1,602.40
- Market cap
- ₹1,893 Cr
- Revenue (annual)
- ₹322.1 Cr
- Net profit (annual)
- ₹61.31 Cr
- P/E (TTM)
- 29.5×Sector 32.5×
- Promoter holding
- 51.76%+0.00% QoQ
- FII holding
- 0.03%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 Management Change
Frontier Springs' Independent Director Sarabjit Singh completed his second five-year term on 11 November 2026. The company disclosed his cessation as a director under Regulation 30.
Frontier Springs Q2 FY27 Results: Net Profit ₹21.3 Cr, Up 35.7% YoY
Frontier Springs Ltd reported revenue from operations of ₹99.7 Cr (+20.6% YoY) and net profit of ₹21.3 Cr (+35.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹21.3 Cr · +35.7% YoY
Frontier Springs Board Meeting Date
Frontier Springs Ltd will hold a board meeting on 11 Nov 2026 to consider un-audited results for the quarter and half year ended 30 Sept 2026. The trading window stays closed till 48 hours after the results announcement.
Frontier Springs Other Announcement
Frontier Springs Ltd has submitted its quarterly shareholding pattern for the period ended September 30, 2026, as required under SEBI regulations.
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 Annual Report
Frontier Springs Ltd has submitted its Annual Report for the financial year ended 31 March 2026, alongside the notice for its 46th Annual General Meeting.