The shares of the prominent auto component manufacturers gained up to 3 percent in today’s trading session after the company bagged a prestigious work order from the Rail Coach Factory for Rs 92.6 crore.
With a market capitalization of Rs 1,417.86 crore, the shares of Frontier Springs Ltd were trading at Rs 3,616.70 per share, increasing around 1.84 percent as compared to the previous closing price of Rs 3,551.25 apiece.
The shares of Frontier Springs Ltd have seen positive movement after bagging a prestigious work order from the Rail Coach Factory for Air Springs Assembly, aggregating to a total value of Rs 92.6 crores.
Financial & Operational Highlights
The company’s financial performance improved significantly, with revenue rising 59 percent from Rs 44 crore in Q4FY24 to Rs 70 crore in Q4FY25. Net profit surged 140 percent, growing from Rs 5 crore to Rs 12 crore during the same period, reflecting strong operational and financial growth.
Frontier Springs Limited manufactures a range of products, including air springs for LHB coaches, suspension coil springs for freight stock, coaching stock, diesel and electric locomotives, and TMCLH and VLH coil springs for the power sector. It also produces forging components like brake block hangers and knuckle throwers.
Frontier Springs Limited serves marquee clients including Chittaranjan, Banaras, and Patiala Locomotive Works, Frontier Alloy Steels, and major players like BHEL, Indian Railways, Texmaco, Titagarh, and various coach factories. These partnerships highlight the company’s strong presence in the Indian rail and engineering sectors.
Also read: Ola Electric’s losses increased by more than 100% to Rs 870 Cr; Can it make a comeback?
Indian Railway Growth Opportunities
India’s railway sector is poised for major growth with a ₹2.65 lakh crore capex, record freight at 1,591 MT, ~72,000 wagon orders, and 136 new Vande Bharat trains. Key drivers include private wagon ownership, DFC freight corridors, metro expansion, and a 2.5x rise in freight and passenger demand.
Frontier Springs Limited is an India-based company that produces springs and hot-coiled compression springs, and forging items. The Company operates through two segments: Coil springs & Forging items, and Roofing Sheets.
Written by Abhishek Singh
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