Frontier Springs
- Market cap
- ₹ 1,507 Cr.
- P/E
- 26.4x
- P/B
- 8.06x
- 52-week range
- 1,150.5 – 1,869
- ROE
- 40%
- ROCE
- 51%
- Dividend yield
- 0.1%
- Debt / equity
- 0.06
- Sector
- Auto Components
- Industry
- Auto Components & Equipments
- Listed on
- NSE, BSE
About
Frontier Springs Limited is an India-based company, which is engaged in the production of hot coiled compression springs, air springs and forgings, essential components for wagons, carriages, and locomotives. The Company is a manufacturer of hot coiled springs supplying to Indian Railways, heavy engineering industries and original equipment manufacturers (OEMs) in India and abroad. It produces a range of coil springs with sizes ranging from 10 mm to 65 mm in wire thickness and up to 1,000 mm in height. It produces essential train parts like anti roll bar assemblies, screw couplings, draft gear assemblies, and BSS hangers. Its product offerings include air springs for LHB coaches, suspension coil springs for freight stock, suspension coil springs for coaching stock, suspension coil springs for diesel and electric locomotives, and TMCLH and VLH coil springs for the power sector. Its forging component products include brake block hanger, knuckle thrower, top follower, and wedge.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Auto Components & Equipments: 155 companies →Frontier Springs against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)26.4 against a typical 27.4: cheaper than most peers (1st = cheapest).75th of 153
- Sales growth+4% against a typical +20.7% from a year earlier.125th of 142
- Profit growth−20% against a typical +15.3% from a year earlier.103rd of 127
- Share price, 3 months−1.8% against a typical −4.4%.61st of 142
- Size₹ 1,506.9 Cr. market value against a typical ₹ 728 Cr. (1st = largest).55th of 138
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 33 | 33 | 44 | 51 | 52 | 58 | 70 | 75 | 83 | 81 | 83 | 78 |
| Expenses | 28 | 28 | 37 | 41 | 42 | 46 | 53 | 55 | 61 | 61 | 59 | 59 |
| Operating Profit | 5 | 5 | 7 | 10 | 11 | 12 | 17 | 20 | 22 | 20 | 24 | 19 |
| OPM % | 14% | 16% | 17% | 19% | 20% | 21% | 24% | 27% | 27% | 25% | 29% | 25% |
| Other Income | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 |
| Profit before tax | 4 | 4 | 7 | 9 | 10 | 11 | 16 | 20 | 21 | 19 | 22 | 18 |
| Tax % | 26% | 25% | 25% | 26% | 25% | 24% | 26% | 26% | 26% | 25% | 25% | 33% |
| Net Profit | 3 | 3 | 5 | 7 | 7 | 9 | 12 | 15 | 16 | 14 | 17 | 12 |
| EPS in Rs | 2.42 | 2.73 | 4.28 | 5.92 | 6.18 | 7.4 | 9.88 | 12.49 | 13.31 | 12.1 | 14.04 | 10.16 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 24%
- 5 Years
- 33%
- 3 Years
- 44%
- TTM
- 27%
- 10 Years
- 61%
- 5 Years
- 51%
- 3 Years
- 104%
- TTM
- 38%
- 10 Years
- 62%
- 5 Years
- 69%
- 3 Years
- 78%
- TTM
- —
- 10 Years
- 24%
- 5 Years
- 26%
- 3 Years
- 32%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Frontier Springs | ₹ 1,303.20 | ₹ 1,507 Cr. | 26.4x | 8.1x | 40% | — |
| Bharat Forge | ₹ 1,709.60 | ₹ 81,734 Cr. | 89.6x | 10.9x | 11.5% | 6.5% |
| Havells India | ₹ 1,032.00 | ₹ 64,764 Cr. | 44.1x | 7.9x | — | 6.9% |
| Schaeffler India | ₹ 3,468.00 | ₹ 54,379 Cr. | 56.2x | 10.7x | — | 12% |
| Sterlite Technologies | ₹ 829.00 | ₹ 42,603 Cr. | 464.5x | 11.2x | 2.6% | 1.2% |
| R R Kabel | ₹ 2,150.60 | ₹ 26,329 Cr. | 51.2x | 10.1x | 20.8% | 5.1% |
Management
- Kundan Lal Bhatia
- Executive Chairman of the Board, Managing Director
- Dhruv Bhasin
- Compliance Officer, Company Secretary
- Kapil Bhatia
- Managing Director, Executive Director
- Mamta Bhatia
- Whole-Time Director
- Neeraj Bhatia
- Whole Time Director
- Sonia Bhatia
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.