Synopsis:
Frontier Springs Limited reported a 48% increase in Q1 revenue to ₹75.3 crore YoY, while its net profit grew 111% YoY to ₹14.7 crore.
The shares of the Small-Cap company, specializing in the manufacture of hot-coiled compression springs and forged components, hit a 10 percent upper circuit following their Q1 Results with a 111 percent rise in Profit YoY.
With a market capitalization of 2,038.89 Crores on Wednesday, the shares of Frontier Springs Ltd hit a 10 percent upper circuit, making a high of Rs. 5176.80 compared to its previous close of Rs. 4706.20. Frontier Springs Ltd, engaged in the manufacture of hot-coiled compression springs and forged components, has announced its Q1 results as follows:
Its Revenue from operations rose by 48 percent YoY from Rs. 50.8 Crores in Q1FY25 to Rs. 75.3 Crores in Q1FY26, and it rose by 7.4 percent QoQ from Rs. 70.1 Crores in Q4FY25 to Rs. 75.3 Crores in Q1FY26.
Its Net Profit YoY rose by 111 percent from Rs. 6.98 Crores in Q1FY25 to Rs. 14.7 Crores in Q1FY26, and it rose by 26 percent QoQ from Rs. 11.7 Crores in Q4FY25 to Rs. 14.7 Crores in Q1FY26. The earnings per share (EPS) for the quarter stood at Rs. 40.11, compared to Rs. 29.15 in the previous quarter.
The company appears financially strong, with a low PEG ratio of 0.58, indicating potential undervaluation. The company maintains a healthy balance sheet, shown by a low debt-to-equity ratio of 0.05 and current assets exceeding current liabilities. Over the past three years, it has delivered solid performance, achieving average revenue growth of 24.08% and net profit growth of 20%.
Company Overview & Others
Frontier Springs Limited, established in 1981, is a leading manufacturer of hot coiled compression springs, air springs, and forgings for wagons, railways, carriages, and locomotives. With over 40 years of expertise, the company supplies components used in high-speed trains like the Vande Bharat Express and is IRIS-certified, enabling direct exports to international markets.
Frontier Springs Limited operates across three key divisions: Springs, Forging, and Air Springs. The Springs Division, active since 1991, focuses on hot coiled springs for Indian Railways, using high-grade chrome molly and chrome silicon steel in various sizes to improve space efficiency, reduce weight, and enhance durability.
In 2011, the company expanded into the Forging Division, manufacturing vital railway components like Anti Roll Bar Assemblies and Screw Couplings at its Kanpur plant, using heavy hammers and specialized ovens to handle metal parts from 100 grams to 80 kg. The Air Spring Division produces advanced air suspension systems for LHB coaches, supported by a partnership with Contitech Germany, ensuring high-quality supply to Indian Railways.
The company has a strong portfolio of marquee clients, including BHEL, Texmaco Rail & Engineering, Titagarh Rail Systems, Indian Railways, Integral Coach Factory, and Rail Coach Factory Kapurthala.
Written by Sridhar J
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