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Frontier Springs

  • Market Cap: Micro Cap
  • Industry: Auto Ancillary
  • ISIN: INE572D01014
  • NSEID:
  • BSEID: 522195
INR
2,030.00
17 (0.84%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 1.58 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

1.58 k (-41.65%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 1 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

51.76%

iScoreScore
Part of MojoOne Strategy
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Company has a low Debt to Equity ratio (avg) at 0 times

 
2

Poor long term growth as Net Sales has grown by an annual rate of 14.94% and Operating profit at 17.64% over the last 5 years

 
3

With a growth in Net Profit of 171.12%, the company declared Outstanding results in Dec 24

4

Stock is technically in a Mildly Bearish range

5

With ROE of 26.7, it has a Expensive valuation with a 7.5 Price to Book Value

6

Despite the size of the company, domestic mutual funds hold only 0% of the company

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Auto Ancillary

stock-summary
Market cap

INR 800 Cr (Micro Cap)

stock-summary
P/E

28.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

0.07%

stock-summary
Debt Equity

-0.08

stock-summary
Return on Equity

26.69%

stock-summary
Price to Book

7.54

Revenue and Profits (1 Year):
Net Sales:
58 Cr
(Quarterly Results - Dec 2024)
Net Profit:
9 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.07%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
0.6%
0%
0.6%
1 Year
72.42%
0.12%
72.54%
2 Years
407.63%
0.58%
408.21%
3 Years
521.56%
1.19%
522.75%
4 Years
650.6%
1.34%
651.94%
5 Years
954.55%
2.27%
956.82%

Latest dividend: 1.5 per share ex-dividend date: Sep-20-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
14.94%
EBIT Growth (5y)
17.64%
EBIT to Interest (avg)
16.05
Debt to EBITDA (avg)
0.22
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.35
Tax Ratio
24.91%
Dividend Payout Ratio
4.58%
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
18.17%
ROE (avg)
15.43%
Valuation key factors
Factor
Value
P/E Ratio
28
Industry P/E
28
Price to Book Value
7.54
EV to EBIT
21.63
EV to EBITDA
19.45
EV to Capital Employed
8.11
EV to Sales
3.82
PEG Ratio
0.16
Dividend Yield
0.07%
ROCE (Latest)
30.06%
ROE (Latest)
26.69%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 1 FIIs (0.0%)

Promoter with highest holding

Kamla Bhatia (15.9%)

Highest Public shareholder

Jatin Keshavji Chande (1.6%)

Individual Investors Holdings

34.88%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 76.47% vs 18.95% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 171.12% vs 113.25% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "58.27",
          "val2": "33.02",
          "chgp": "76.47%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "12.48",
          "val2": "5.15",
          "chgp": "142.33%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.06",
          "val2": "0.04",
          "chgp": "50.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "8.73",
          "val2": "3.22",
          "chgp": "171.12%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "21.42%",
          "val2": "15.60%",
          "chgp": "5.82%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 76.81% vs 15.48% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 202.97% vs 32.30% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "102.99",
          "val2": "58.25",
          "chgp": "76.81%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "20.44",
          "val2": "8.19",
          "chgp": "149.57%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.09",
          "val2": "0.10",
          "chgp": "-10.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "14.27",
          "val2": "4.71",
          "chgp": "202.97%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "19.85%",
          "val2": "14.06%",
          "chgp": "5.79%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 76.68% vs 16.71% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 190.04% vs 56.41% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "161.26",
          "val2": "91.27",
          "chgp": "76.68%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "32.92",
          "val2": "13.34",
          "chgp": "146.78%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.15",
          "val2": "0.14",
          "chgp": "7.14%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "23.00",
          "val2": "7.93",
          "chgp": "190.04%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "20.41%",
          "val2": "14.62%",
          "chgp": "5.79%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 26.13% vs 28.33% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 79.42% vs -3.60% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "135.41",
          "val2": "107.36",
          "chgp": "26.13%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "20.76",
          "val2": "12.68",
          "chgp": "63.72%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.20",
          "val2": "0.33",
          "chgp": "-39.39%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "12.99",
          "val2": "7.24",
          "chgp": "79.42%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.33%",
          "val2": "11.81%",
          "chgp": "3.52%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
58.27
33.02
76.47%
Operating Profit (PBDIT) excl Other Income
12.48
5.15
142.33%
Interest
0.06
0.04
50.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
8.73
3.22
171.12%
Operating Profit Margin (Excl OI)
21.42%
15.60%
5.82%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 76.47% vs 18.95% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2024 is 171.12% vs 113.25% in Dec 2023

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
102.99
58.25
76.81%
Operating Profit (PBDIT) excl Other Income
20.44
8.19
149.57%
Interest
0.09
0.10
-10.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
14.27
4.71
202.97%
Operating Profit Margin (Excl OI)
19.85%
14.06%
5.79%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 76.81% vs 15.48% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 202.97% vs 32.30% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
161.26
91.27
76.68%
Operating Profit (PBDIT) excl Other Income
32.92
13.34
146.78%
Interest
0.15
0.14
7.14%
Exceptional Items
0.00
0.00
Standalone Net Profit
23.00
7.93
190.04%
Operating Profit Margin (Excl OI)
20.41%
14.62%
5.79%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 76.68% vs 16.71% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 190.04% vs 56.41% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
135.41
107.36
26.13%
Operating Profit (PBDIT) excl Other Income
20.76
12.68
63.72%
Interest
0.20
0.33
-39.39%
Exceptional Items
0.00
0.00
Standalone Net Profit
12.99
7.24
79.42%
Operating Profit Margin (Excl OI)
15.33%
11.81%
3.52%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 26.13% vs 28.33% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 79.42% vs -3.60% in Mar 2023

stock-summaryCompany CV
About Frontier Springs Ltd stock-summary
stock-summary
Frontier Springs Ltd
Micro Cap
Auto Ancillary
Frontier Springs Limited, a manufacturer of Springs caters around 90% of its production to Indian Railways. The Company was incorporated on 24 February, 1981. The Company is mainly engaged in the production of L.H.B. Springs, Hot Coiled Compression Springs, Air Springs and Forging items for Wagon, Locomotives and Carriage and is regularly supplying to Railways, Bogie Manufactures, Chittaranjan Locomotive Works, Diesel Locomotive Works, Integral Coach Factory, Rail Coach Factory.
Company Coordinates stock-summary
Company Details
KM 25/4 Kalpi Road, Rania Kanpur - Dehat Kanpur Uttar Pradesh : 209304
stock-summary
Tel: 91-512-2691207/2691208
stock-summary
cs@frontiersprings.co.in
Registrar Details
Alankit Assignments Ltd , Alankit House , 2 E/21, Jhandewala Extension, New Delhi