
About Frog Innovations Limited
Data last updated:
Frog Innovations Limited is a public limited company based in Delhi, Delhi, India. It specialises in telecom equipment and tech solutions, a part of the broader telecommunications sector. Incorporated on 12 July 2004, the company has been in operation for over 22 years.
Registered with ROC Delhi under CIN L51909DL2004PLC127530. Listed.
Capital: an authorised share capital of ₹16.1 Cr and a paid-up capital of ₹15.55 Cr. Formerly known as Frog Cellsat Private Limited and Frog Innovations Limited. It is led by directors including Ajay Chacko and Satish Bhanu Trivedi.
Last AGM: 06 August 2025. Financial statements filed for year ended 31 March 2025. Office: No. 1 Ground Floor Old Gupta Colony, D – Block Opposite Polo Ground, Delhi, Delhi, India – 110009.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹106.07 Cr, a decline of 51.65% compared to the previous year. The net worth stands at ₹158.96 Cr (down 0.61% YoY). Total assets are valued at ₹174.7 Cr (down 4.17% YoY).
The company has a workforce of approximately 150 employees as per the latest available data.
The company is associated with 1 brand - Frog Cellsat. As per MCA filings, the company has open charges of ₹47.5 Cr and satisfied charges of ₹58.61 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website frogcellsat.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 1 Ground Floor Old Gupta Colony, D – Block Opposite Polo Ground, Delhi, Delhi, India – 110009
- IndustryTelecom, Telecom Equipment & Tech Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Frog Innovations
Frog Innovations has undergone 2 name changes throughout its history. The company was previously known as Frog Cellsat Private Limited, and Frog Innovations Limited. The current legal name is Frog Innovations Limited.
| Company Name | Status |
|---|---|
| Frog Innovations Limited | Current |
| Frog Cellsat Private Limited | Previous |
CIN History of Frog Innovations
Frog Innovations has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L51909DL2004PLC127530, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51909DL2004PLC127530 | Current |
| U51909DL2004PLC127530 | Previous |
| U51909DL2004PTC127530 | Previous |
Associated Brands with Frog Innovations
Frog Innovations operates one associated brand: Frog Cellsat. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| RF wireless repeaters provider | frogcellsat.com |
Competitors & Alternatives of Frog Innovations
Brands and companies operating in the same space as Frog Innovations Limited include Mavenir, Actelis, Ericsson and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
| | Multi-access edge networking computing platform is provided for mobile services. | Richardson, United States, United States | 2005 |
| | Broadband access solutions are delivered via DSL and wireless backhaul. | Fremont, United States, United States | 1998 |
| | Telecom equipment and software solutions are provided for networks. | Stockholm, Sweden, Sweden | 1876 |
| | IP, video, and broadband solutions are supplied to cable operators. | Suwanee, United States, United States | 1991 |
| | Non-line-of-sight wireless transport solutions are developed for carriers. | Milpitas, United States, United States | 2009 |
| | Communication equipment and software solutions are provided for broadband access. | Petaluma, United States, United States | 1999 |
| | Cloud-based IT and networking solutions are provided globally. | Minato City, Japan, Japan | 1899 |
| | Fiber-optic and wireless infrastructure products provider | Richardson, United States, United States | 1976 |
| | Cloud-based enterprise networking and firewall solutions are delivered. | Sunnyvale, United States, United States | 1996 |
| | IP networking, ultra-broadband access, and cloud solutions are provided. | - | 2006 |
Business Activity of Frog Innovations
The main business activity of Frog Innovations is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | Locked |
Business activity turnover details for Frog Innovations Limited
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Frog Innovations
Frog Innovations Limited is audited by For Singhi Chugh & Kumar for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| For Singhi Chugh & Kumar | Locked | Locked | Locked |
Complete auditor history for Frog Innovations Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Frog Innovations Limited
Frog Innovations has 7 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Chacko | Director | 01 Sep 2022 | 4 Years 1 Months | Current |
| Satish Bhanu Trivedi | Director | 31 Jul 2018 | 8 Years 2 Months | Current |
| Tarun Tularam Sharma Also directs: Frog Tele Private Limited, Frog Profiles Private Limited, Arde Home Private Limited and 1 more | Whole-Time Director | 26 Aug 2020 | 6 Years 1 Months | Current |
| Konark Trivedi Also directs: Frog Tele Private Limited | Managing Director | 12 Jul 2004 | 22 Years 2 Months | Current |
| Sonal Trivedi Also directs: Frog Services Private Limited | Whole-Time Director | 03 Jun 2022 | 4 Years 3 Months | Current |
| Barathy Sundaram Also directs: Workmates Core2cloud Solution Limited | Director | 19 Aug 2022 | 4 Years 1 Months | Current |
Financials of Frog Innovations Limited FY 2025-26 filings available
Frog Innovations Limited reported revenue of ₹106.07 Cr (down 51.65% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 106 | 219 | 158 | 133 | 133 | 121 | 87.02 |
| Revenue growth | -41.2% | +33.9% | +20.8% | +0.5% | +2.3% | +36.9% | +26.5% |
| EBITDA | (2.01) | 35.56 | 20.48 | 19.44 | 19.93 | 10.40 | 6.30 |
| EBITDA margin | -1.9% | +16.2% | +13.0% | +14.6% | +15.0% | +8.6% | +7.2% |
| Profit before tax | (4.33) | 32.84 | 20.09 | 20.50 | 20.89 | 15.88 | 3.28 |
| Net profit | (1.12) | 23.55 | 13.74 | 16.81 | 14.66 | 9.36 | 1.99 |
| Net profit margin | -1.1% | +10.7% | +8.7% | +12.6% | +11.0% | +7.7% | +2.3% |
| EPS (₹) | (1.01) | 15.17 | 10.05 | 9.81 | 2,949.24 | 2,851.52 | 388.00 |
| Balance sheet | |||||||
| Total assets | 175 | 182 | 140 | 118 | 76.08 | 66.45 | 67.73 |
| Net worth | 159 | 160 | 133 | 117 | 68.96 | 59.58 | 46.44 |
| Total debt | 12.86 | 20.22 | 4.70 | 0.00 | 6.18 | 5.73 | 19.58 |
| Cash & bank | 6.62 | 7.11 | 1.43 | 20.20 | 12.71 | 16.29 | 9.30 |
| Net working capital | 67.98 | 92.12 | 53.92 | 60.17 | 41.19 | 35.77 | 30.46 |
| Cash flow | |||||||
| Cash from operations | 22.64 | (2.06) | 7.14 | 7.21 | 10.12 | 6.96 | 10.99 |
| Cash from investing | (15.33) | (7.14) | (30.27) | (34.64) | (8.55) | 3.59 | (1.47) |
| Cash from financing | (7.80) | 14.87 | 4.36 | 34.92 | (5.15) | (12.18) | (8.11) |
| Particulars | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 48.48 | 91.15 | 43.81 | 35.94 | 44.50 | 44.68 | 35.15 | 33.40 |
| Revenue growth (YoY) | +8.9% | +104.0% | +24.6% | +7.6% | +43.0% | +16.8% | +9997.0% | +9997.0% |
| Other income | 0.26 | (0.16) | 2.52 | 0.25 | 2.43 | 0.11 | 0.06 | 0.66 |
| EBITDA | 6.77 | 22.02 | 3.62 | 2.83 | 7.54 | 4.63 | 4.60 | 3.64 |
| EBITDA margin | +14.0% | +24.2% | +8.3% | +7.9% | +16.9% | +10.4% | +13.1% | +10.9% |
| Depreciation | 0.66 | 1.28 | 1.19 | 1.16 | 1.21 | 0.65 | 0.62 | 0.63 |
| Interest | 0.64 | 0.21 | 0.07 | 0.06 | 0.29 | 0.16 | 0.02 | 0.01 |
| Profit before tax | 5.73 | 20.37 | 4.88 | 1.86 | 8.47 | 3.93 | 4.02 | 3.66 |
| Tax | 2.75 | 5.11 | 0.74 | 0.69 | 1.09 | 1.32 | 1.45 | 0.96 |
| Net profit | 2.98 | 15.26 | 4.14 | 1.17 | 7.38 | 2.61 | 2.57 | 2.70 |
| EPS (₹) | 1.93 | 9.86 | 2.67 | 0.76 | 4.79 | 1.69 | 1.68 | 1.75 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 86.84 | 219 | 158 | 135 | 133 | 120 | 87.02 |
| Revenue growth | -50.4% | +33.4% | +22.0% | -0.8% | +3.5% | +34.3% | +27.1% |
| EBITDA | (4.31) | 35.43 | 19.77 | 22.16 | 19.02 | 9.78 | 5.07 |
| EBITDA margin | -5.0% | +16.2% | +12.5% | +16.4% | +14.3% | +8.2% | +5.8% |
| Profit before tax | (7.01) | 32.70 | 19.34 | 21.05 | 19.87 | 9.41 | 2.10 |
| Net profit | (3.30) | 23.56 | 13.30 | 17.22 | 13.86 | 6.98 | 0.99 |
| Net profit margin | -3.8% | +10.7% | +8.4% | +12.7% | +10.4% | +5.8% | +1.1% |
| EPS (₹) | (2.36) | 15.17 | 9.79 | 10.06 | 2,791.46 | 1,321.54 | 193.29 |
| Balance sheet | |||||||
| Total assets | 170 | 180 | 138 | 117 | 67.80 | 57.08 | 64.51 |
| Net worth | 155 | 158 | 132 | 115 | 60.78 | 51.82 | 45.21 |
| Total debt | 12.86 | 20.20 | 4.69 | 0.00 | 6.08 | 3.75 | 17.60 |
| Cash & bank | 5.25 | 6.29 | 1.20 | 20.13 | 4.20 | 10.34 | 8.59 |
| Net working capital | 63.86 | 90.51 | 53.56 | 60.49 | 37.39 | 30.32 | 30.45 |
| Cash flow | |||||||
| Cash from operations | 22.88 | (2.40) | 6.90 | 7.12 | 2.36 | 7.03 | 8.89 |
| Cash from investing | (16.18) | (7.38) | (30.18) | (26.07) | (7.44) | 4.99 | (0.45) |
| Cash from financing | (7.75) | 14.87 | 4.35 | 34.88 | (3.06) | (13.72) | (7.62) |
| Particulars | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 48.48 | 91.15 | 43.77 | 35.94 | 44.46 | 44.68 | 35.14 | 33.40 |
| Revenue growth (YoY) | +9.0% | +104.0% | +24.6% | +7.6% | +42.8% | +16.8% | +9997.0% | +9997.0% |
| Other income | 0.26 | (0.19) | 2.52 | 0.25 | 2.41 | 0.13 | (0.03) | 0.63 |
| Total expenses | 41.97 | 68.85 | 41.48 | 31.95 | 37.95 | 40.11 | 30.46 | 29.40 |
| EBITDA | 6.51 | 22.30 | 2.29 | 3.99 | 6.51 | 4.57 | 4.68 | 4.00 |
| EBITDA margin | +13.4% | +24.5% | +5.2% | +11.1% | +14.6% | +10.2% | +13.3% | +12.0% |
| Depreciation | 0.65 | 1.27 | 1.19 | 1.15 | 1.20 | 0.65 | 0.62 | 0.63 |
| Interest | 0.64 | 0.21 | 0.07 | 0.06 | 0.29 | 0.16 | 0.02 | 0.01 |
| Profit before tax | 5.48 | 20.63 | 3.55 | 3.03 | 7.43 | 3.89 | 4.01 | 3.99 |
| Tax | 2.69 | 4.99 | 0.76 | 0.69 | 0.83 | 1.06 | 1.33 | 1.01 |
Financial Statements
| Particulars | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 48.48 | 91.15 | 43.81 | 35.94 | 44.50 | 44.68 | 35.15 | 33.40 |
| Revenue growth (YoY) | +8.9% | +104.0% | +24.6% | +7.6% | +43.0% | +16.8% | +9997.0% | +9997.0% |
| Other income | 0.26 | (0.16) | 2.52 | 0.25 | 2.43 | 0.11 | 0.06 | 0.66 |
| EBITDA | 6.77 | 22.02 | 3.62 | 2.83 | 7.54 | 4.63 | 4.60 | 3.64 |
| EBITDA margin | +14.0% | +24.2% | +8.3% | +7.9% | +16.9% | +10.4% | +13.1% | +10.9% |
| Depreciation | 0.66 | 1.28 | 1.19 | 1.16 | 1.21 | 0.65 | 0.62 | 0.63 |
| Interest | 0.64 | 0.21 | 0.07 | 0.06 | 0.29 | 0.16 | 0.02 | 0.01 |
| Profit before tax | 5.73 | 20.37 | 4.88 | 1.86 | 8.47 | 3.93 | 4.02 | 3.66 |
| Tax | 2.75 | 5.11 | 0.74 | 0.69 | 1.09 | 1.32 | 1.45 | 0.96 |
| Net profit | 2.98 | 15.26 | 4.14 | 1.17 | 7.38 | 2.61 | 2.57 | 2.70 |
| EPS (₹) | 1.93 | 9.86 | 2.67 | 0.76 | 4.79 | 1.69 | 1.68 | 1.75 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 106 | 219 | 158 | 133 | 133 | 121 | 87.02 |
| Revenue growth | -41.2% | +33.9% | +20.8% | +0.5% | +2.3% | +36.9% | +26.5% |
| Other income | 3.42 | 2.84 | 3.19 | 3.24 | 2.94 | 8.48 | 2.08 |
| Total expenses | 108 | 184 | 137 | 114 | 113 | 111 | 80.72 |
| Employee cost | 20.94 | 18.54 | 13.69 | 13.96 | 6.33 | 7.81 | 13.70 |
| EBITDA | (2.01) | 35.56 | 20.48 | 19.44 | 19.93 | 10.40 | 6.30 |
| EBITDA margin | -1.9% | +16.2% | +13.0% | +14.6% | +15.0% | +8.6% | +7.2% |
| Depreciation | 5.20 | 4.29 | 3.11 | 1.61 | 1.36 | 1.77 | 2.95 |
| Interest | 0.54 | 1.27 | 0.47 | 0.57 | 0.62 | 1.23 | 2.15 |
| Profit before tax | (4.33) | 32.84 | 20.09 | 20.50 | 20.89 | 15.88 | 3.28 |
| Tax | (2.78) | 9.29 | 4.56 | 5.41 | 6.14 | 1.63 | 1.33 |
| Net profit | (1.12) | 23.55 | 13.74 | 16.81 | 14.66 | 9.36 | 1.99 |
| Net profit margin | -1.1% | +10.7% | +8.7% | +12.6% | +11.0% | +7.7% | +2.3% |
| EPS (₹) | (1.01) | 15.17 | 10.05 | 9.81 | 2,949.24 | 2,851.52 | 388.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 15.55 | 15.53 | 15.44 | 15.38 | 0.05 | 0.05 | 0.05 |
| Reserves & surplus | 143 | 144 | 118 | 101 | 68.91 | 59.53 | 46.39 |
| Shareholders' funds (net worth) | 159 | 160 | 133 | 117 | 68.96 | 59.58 | 46.44 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 12.86 | 20.22 | 4.70 | 0.00 | 6.08 | 3.75 | 12.22 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 1.98 | 7.36 |
| Total debt | 12.86 | 20.22 | 4.70 | 0.00 | 6.18 | 5.73 | 19.58 |
| Total liabilities | 175 | 182 | 140 | 118 | 76.08 | 66.45 | 67.73 |
| Assets | |||||||
| Gross block | 119 | 106 | 98.59 | 28.57 | 34.06 | 27.35 | 32.62 |
| Net block | 92.17 | 85.26 | 81.64 | 13.37 | 20.38 | 14.63 | 18.68 |
| Capital work in progress | 3.48 | 0.00 | 0.00 | 35.89 | 7.05 | 0.00 | 0.00 |
| Investments | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 5.70 | 7.08 |
| Inventories | 39.00 | 39.13 | 30.74 | 29.19 | 27.85 | 20.64 | 22.29 |
| Sundry debtors | 39.02 | 79.08 | 30.82 | 27.85 | 19.67 | 26.71 | 21.46 |
| Cash & bank balances | 6.62 | 7.11 | 1.43 | 20.20 | 12.71 | 16.29 | 9.30 |
| Loans & advances | 6.44 | 11.69 | 13.65 | 6.37 | 6.16 | 2.57 | 2.36 |
| Total current assets | 91.08 | 137 | 76.64 | 83.61 | 66.39 | 66.21 | 55.41 |
| Total current liabilities | 23.10 | 44.89 | 22.72 | 23.44 | 25.20 | 30.44 | 24.95 |
| Net working capital | 67.98 | 92.12 | 53.92 | 60.17 | 41.19 | 35.77 | 30.46 |
| Total assets | 175 | 182 | 140 | 118 | 76.08 | 66.45 | 67.73 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 7.11 | 1.43 | 20.20 | 12.71 | 16.29 | 2.88 | 1.46 |
| Net cash from operating activities | 22.64 | (2.06) | 7.14 | 7.21 | 10.12 | 6.96 | 10.99 |
| Net cash from investing activities | (15.33) | (7.14) | (30.27) | (34.64) | (8.55) | 3.59 | (1.47) |
| Net cash from financing activities | (7.80) | 14.87 | 4.36 | 34.92 | (5.15) | (12.18) | (8.11) |
| Net change in cash | (0.49) | 5.68 | (18.77) | 7.49 | (3.58) | (1.62) | 1.41 |
| Closing cash | 6.62 | 7.11 | 1.43 | 20.20 | 12.71 | 16.29 | 9.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -51.7% | +39.1% | +18.6% | +0.1% | +10.0% | +39.0% | +43.9% |
| EBITDA growth | - | +73.6% | +5.4% | -2.5% | +91.6% | +65.1% | +9998.0% |
| PBT growth | - | +63.5% | -2.0% | -1.9% | +31.6% | +384.2% | +9998.0% |
| Net income growth | - | +71.4% | -18.3% | +14.7% | +56.6% | +370.4% | +9998.0% |
| Revenue CAGR (3Y) | -7.3% | +18.2% | +9.3% | +15.2% | +30.0% | +11.0% | - |
| EBITDA CAGR (3Y) | - | +21.3% | +25.3% | +45.6% | - | +28.5% | - |
| Profitability & leverage | |||||||
| Net income margin | -1.5% | +10.7% | +9.9% | +11.3% | +11.1% | +11.8% | +2.2% |
| Return on capital employed | -1.9% | +21.2% | +14.1% | +24.4% | +30.2% | +17.2% | +7.7% |
| Return on net worth | -0.7% | +16.1% | +11.0% | +18.1% | +23.0% | +17.7% | +4.3% |
| Debt / equity | 0.10 | 0.09 | 0.02 | 0.03 | 0.09 | 0.24 | 0.50 |
| Long-term debt / equity | 0.01 | 0.00 | 0.00 | 0.01 | 0.06 | 0.16 | 0.29 |
| Interest cover | -7.49 | 4.06 | 2.71 | 3.20 | 3.34 | 14.25 | 64.18 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.94 | 2.14 | 2.48 | 4.25 | 4.33 | 4.03 | 2.69 |
| Inventory turnover | 2.72 | 6.28 | 5.26 | 4.66 | 5.48 | 5.63 | 4.04 |
| Debtors turnover | 1.80 | 3.99 | 5.38 | 5.60 | 5.73 | 5.02 | 5.10 |
| EPS (₹) | (1.01) | 15.17 | 10.05 | 9.81 | 2,949.24 | 2,851.52 | 388.00 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 102.20 | 102.99 | 86.28 | 75.80 | 13,792.34 | 11,915.10 | 9,288.70 |
| Particulars | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 48.48 | 91.15 | 43.77 | 35.94 | 44.46 | 44.68 | 35.14 | 33.40 |
| Revenue growth (YoY) | +9.0% | +104.0% | +24.6% | +7.6% | +42.8% | +16.8% | +9997.0% | +9997.0% |
| Other income | 0.26 | (0.19) | 2.52 | 0.25 | 2.41 | 0.13 | (0.03) | 0.63 |
| Total expenses | 41.97 | 68.85 | 41.48 | 31.95 | 37.95 | 40.11 | 30.46 | 29.40 |
| EBITDA | 6.51 | 22.30 | 2.29 | 3.99 | 6.51 | 4.57 | 4.68 | 4.00 |
| EBITDA margin | +13.4% | +24.5% | +5.2% | +11.1% | +14.6% | +10.2% | +13.3% | +12.0% |
| Depreciation | 0.65 | 1.27 | 1.19 | 1.15 | 1.20 | 0.65 | 0.62 | 0.63 |
| Interest | 0.64 | 0.21 | 0.07 | 0.06 | 0.29 | 0.16 | 0.02 | 0.01 |
| Profit before tax | 5.48 | 20.63 | 3.55 | 3.03 | 7.43 | 3.89 | 4.01 | 3.99 |
| Tax | 2.69 | 4.99 | 0.76 | 0.69 | 0.83 | 1.06 | 1.33 | 1.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 86.84 | 219 | 158 | 135 | 133 | 120 | 87.02 |
| Revenue growth | -50.4% | +33.4% | +22.0% | -0.8% | +3.5% | +34.3% | +27.1% |
| Other income | 3.01 | 2.81 | 3.14 | 1.18 | 2.74 | 2.56 | 2.13 |
| Total expenses | 91.15 | 184 | 138 | 113 | 114 | 110 | 81.95 |
| Employee cost | 12.69 | 11.78 | 8.63 | 9.77 | 6.02 | 7.67 | 8.22 |
| EBITDA | (4.31) | 35.43 | 19.77 | 22.16 | 19.02 | 9.78 | 5.07 |
| EBITDA margin | -5.0% | +16.2% | +12.5% | +16.4% | +14.3% | +8.2% | +5.8% |
| Depreciation | 5.17 | 4.27 | 3.10 | 1.58 | 1.36 | 1.77 | 2.95 |
| Interest | 0.54 | 1.27 | 0.47 | 0.71 | 0.53 | 1.16 | 2.15 |
| Profit before tax | (7.01) | 32.70 | 19.34 | 21.05 | 19.87 | 9.41 | 2.10 |
| Tax | (3.35) | 9.14 | 4.23 | 5.58 | 5.92 | 2.80 | 1.13 |
| Net profit | (3.30) | 23.56 | 13.30 | 17.22 | 13.86 | 6.98 | 0.99 |
| Net profit margin | -3.8% | +10.7% | +8.4% | +12.7% | +10.4% | +5.8% | +1.1% |
| EPS (₹) | (2.36) | 15.17 | 9.79 | 10.06 | 2,791.46 | 1,321.54 | 193.29 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 15.55 | 15.53 | 15.44 | 15.38 | 0.05 | 0.05 | 0.05 |
| Reserves & surplus | 140 | 143 | 116 | 100 | 60.73 | 51.77 | 45.16 |
| Shareholders' funds (net worth) | 155 | 158 | 132 | 115 | 60.78 | 51.82 | 45.21 |
| Secured loans | 12.86 | 20.20 | 4.69 | 0.00 | 6.08 | 2.68 | 12.22 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.07 | 5.38 |
| Total debt | 12.86 | 20.20 | 4.69 | 0.00 | 6.08 | 3.75 | 17.60 |
| Total liabilities | 170 | 180 | 138 | 117 | 67.80 | 57.08 | 64.51 |
| Assets | |||||||
| Gross block | 113 | 101 | 93.28 | 23.40 | 20.00 | 17.98 | 23.25 |
| Net block | 86.73 | 79.84 | 76.27 | 8.12 | 6.21 | 5.28 | 9.32 |
| Capital work in progress | 3.48 | 0.00 | 0.00 | 35.89 | 7.05 | 0.00 | 0.00 |
| Investments | 1.03 | 0.89 | 0.39 | 0.11 | 10.19 | 11.87 | 10.74 |
| Inventories | 39.00 | 39.13 | 30.74 | 29.19 | 27.85 | 16.39 | 22.29 |
| Sundry debtors | 33.71 | 79.08 | 30.82 | 27.85 | 19.64 | 26.71 | 21.46 |
| Cash & bank balances | 5.25 | 6.29 | 1.20 | 20.13 | 4.20 | 10.34 | 8.59 |
| Loans & advances | 5.21 | 10.44 | 12.81 | 5.04 | 7.85 | 3.04 | 2.02 |
| Total current assets | 83.17 | 135 | 75.57 | 82.21 | 59.54 | 56.48 | 54.36 |
| Total current liabilities | 19.31 | 44.43 | 22.01 | 21.72 | 22.15 | 26.16 | 23.91 |
| Net working capital | 63.86 | 90.51 | 53.56 | 60.49 | 37.39 | 30.32 | 30.45 |
| Total assets | 170 | 180 | 138 | 117 | 67.80 | 57.08 | 64.51 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 6.29 | 1.20 | 20.13 | 4.20 | 12.34 | 2.17 | 1.35 |
| Net cash from operating activities | 22.88 | (2.40) | 6.90 | 7.12 | 2.36 | 7.03 | 8.89 |
| Net cash from investing activities | (16.18) | (7.38) | (30.18) | (26.07) | (7.44) | 4.99 | (0.45) |
| Net cash from financing activities | (7.75) | 14.87 | 4.35 | 34.88 | (3.06) | (13.72) | (7.62) |
| Net change in cash | (1.04) | 5.09 | (18.93) | 15.93 | (8.14) | (1.70) | 0.82 |
| Closing cash | 5.25 | 6.29 | 1.20 | 20.13 | 4.20 | 10.34 | 8.59 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -60.4% | +39.1% | +16.6% | +1.7% | +10.9% | +37.7% | +43.9% |
| EBITDA growth | - | +79.2% | -10.8% | +16.5% | +94.5% | +92.9% | +9998.0% |
| PBT growth | - | +69.1% | -8.1% | +5.9% | +111.2% | +348.1% | +9998.0% |
| Net income growth | - | +77.1% | -22.8% | +24.2% | +98.6% | +605.1% | +9998.0% |
| Revenue CAGR (3Y) | -13.7% | +18.2% | +9.6% | +15.8% | +30.0% | +10.6% | +0.1% |
| EBITDA CAGR (3Y) | - | +23.0% | +26.4% | +63.5% | - | +27.9% | -22.7% |
| Profitability & leverage | |||||||
| Net income margin | -4.2% | +10.7% | +9.6% | +11.4% | +10.5% | +5.5% | +1.1% |
| Return on capital employed | -3.7% | +21.3% | +13.7% | +26.3% | +32.7% | +17.4% | +6.4% |
| Return on net worth | -2.3% | +16.2% | +10.8% | +19.5% | +24.8% | +13.6% | +2.2% |
| Debt / equity | 0.11 | 0.09 | 0.02 | 0.03 | 0.09 | 0.22 | 0.43 |
| Long-term debt / equity | 0.01 | 0.00 | 0.00 | 0.02 | 0.05 | 0.13 | 0.25 |
| Interest cover | -5.70 | 4.08 | 2.82 | 3.45 | 3.00 | 14.48 | 101.42 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.81 | 2.26 | 2.70 | 6.23 | 7.00 | 5.81 | 4.98 |
| Inventory turnover | 2.22 | 6.28 | 5.26 | 4.74 | 6.01 | 6.20 | 4.55 |
| Debtors turnover | 1.54 | 3.99 | 5.38 | 5.69 | 5.74 | 4.98 | 5.10 |
| EPS (₹) | (2.36) | 15.17 | 9.79 | 10.06 | 2,791.46 | 1,321.54 | 193.29 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 99.90 | 102.04 | 85.32 | 75.10 | 12,155.06 | 10,363.59 | 9,042.05 |
Shareholding Pattern of Frog Innovations Limited
Shareholding for the quarter ended Sep 2026: promoters hold 72.50%, foreign institutional investors hold 0.20%, domestic institutional investors hold 0.60% and retail and other public shareholders hold 26.70%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 72.50% | 72.50% | 72.70% | 72.70% |
| Public | 27.50% | 27.50% | 27.30% | 27.30% |
Charges & Borrowings of Frog Innovations
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Jan 2025 | The Hongkong and Shanghai Banking Corporation Limited | ₹7.5 Cr | Open |
| 06 Aug 2024 | The Hongkong and Shanghai Banking Corporation Limited | ₹20 Cr | Open |
| 17 Jun 2021 | Others | ₹20 Cr | Open |
| 29 Dec 2021 | Sidbi | ₹1.12 Cr | Satisfied |
| 22 Feb 2021 | The Hongkong and Shanghai Banking Corporation Limited | ₹2.18 Cr | Satisfied |
Total charge records: 18 View all charges
Employees and EPFO Compliance at Frog Innovations
Frog Innovations Limited has a workforce of 150 employees as of Apr 04, 2024.
Employee and EPFO history for Frog Innovations Limited
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GST Compliance of Frog Innovations
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Credit Ratings, Litigation & Regulatory Alerts for Frog Innovations
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MSME Payment Delays by Frog Innovations
MSME payment history for Frog Innovations Limited
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Subsidiaries & Group Companies of Frog Innovations
Corporate group structure for Frog Innovations Limited
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MCA Filings & Documents of Frog Innovations
MCA filings and documents for Frog Innovations Limited
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Recent Activity on Frog Innovations
Frequently Asked Questions about Frog Innovations Limited
Frog Innovations is an active public limited company in the telecom sector based in Delhi, Delhi, India. It was incorporated on 12 July 2004 (22+ years old) and is registered under CIN L51909DL2004PLC127530. The company has 150 employees.
Frog Innovations reported revenue of ₹106.07 Cr for FY 2025-26 (down 51.65% YoY) based on consolidated financials.
The current directors of Frog Innovations are:
- Ajay Chacko - Director
- Satish Bhanu Trivedi - Director
- Tarun Tularam Sharma - Whole-Time Director
- Konark Trivedi - Managing Director
- Sonal Trivedi - Whole-Time Director
- Barathy Sundaram - Director
- Suchita Vishnoi - Additional Director
The primary industry of Frog Innovations is telecom. The company specifically operates in telecom equipment and tech solutions. The company is currently active in this sector.
Yes, Frog Innovations is a listed company.
Frog Innovations can be reached at the registered office: No. 1 Ground Floor Old Gupta Colony, D – Block Opposite Polo Ground, Delhi, Delhi, India – 110009, or through the website frogcellsat.com.