About Frontier Capital Limited
Data last updated: 14 July 2026
Frontier Capital Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Inimitable Capital Finance Private Limited. It specialises in investment and credit NBFC, a part of the broader financial services sector. Incorporated on 13 June 1984, the company has been in operation for over 42 years.
Registered with ROC Mumbai under CIN L65990MH1984PLC033128. Listed on BSE: 508980.
Capital: an authorised share capital of ₹25 Cr and a paid-up capital of ₹16.76 Cr. Formerly known as Frontier Leasing and Finance Limited. It is led by directors including Hemendranath Rajendranath Choudhary and Mayur Nagindas Doshi.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per BSE-filed standalone financials for FY 2024, the company reported a revenue of ₹28.12 Lakh, a decline of 9.96% compared to the previous year. The net worth stands at ₹2.45 Cr (up 4.68% YoY). Total assets are valued at ₹3.11 Cr (up 5.67% YoY).
It operates as a subsidiary of Inimitable Capital Finance Private Limited.
The company is associated with 2 brands - Frontier Leasing And Finance, Frontier Capital Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website frontiercapital.in.
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Registered Address1206 Plot – 453 Lodha Supremus, Senapati Bapat Marg Lower Parel Delisle Road, Mumbai, Maharashtra, India – 400013
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IndustryFinancial Services, Investment & Credit NBFC, NBFC
- 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
Associated Brands with Frontier Capital Limited
Frontier Capital Limited operates two associated brands: Frontier leasing and Finance and Frontier Capital Limited. These brands represent Frontier Capital Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provides commercial finance solutions for businesses. | flflindia.com | |
| Frontier Capital Limited is engaged in asset and financial services. | frontiercapital.in |
Competitors & Alternatives of Frontier Capital Limited
Brands and companies operating in the same space as Frontier Capital Limited include Manappuram Finance, L & T Finance Holdings, Bajaj Finserv and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Manappuram Finance
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Consumer and SME loans are provided by Manappuram Finance. | Valapad, India, India | 1992 |
L & T Finance Holdings
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Diversified lending services are provided as a non-banking financial institution. | Mumbai, India, India | 1994 |
Bajaj Finserv
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Financial solutions including loans and insurance are offered. | Pune, India, India | 2007 |
Northern Arc Capital
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Household and business loans are provided with risk management support. | Chennai, India, India | 2006 |
IIFL Finance
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Online gold, home, personal, and business loans are provided. | Mumbai, India, India | 1995 |
Barclays
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Diversified financial services are provided across global markets. | London, United Kingdom, United Kingdom | - |
Mahindra Finance
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Consumer and SME loans are provided by Mahindra Finance. | Mumbai, India, India | 1991 |
Hero Fincorp
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2-wheeler loans and consumer/business financing are provided by Hero Fincorp. | Delhi, India, India | 1991 |
Kinara Capital
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Collateral-free loans are provided to MSMEs for business operations. | Bengaluru, India, India | 2011 |
KCB Group
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Financial services are provided through subsidiaries across East Africa. | Nairobi, Kenya, Kenya | 1896 |
Business Activity of Frontier Capital Limited
Frontier Capital Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including financial and credit leasing activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities | Locked |
Business activity turnover details for Frontier Capital Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Frontier Capital Limited
Frontier Capital Limited is audited by A C BHUTERIA & CO for the financial year 2017. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A C BHUTERIA & CO | Locked | Locked | Locked |
Complete auditor history for Frontier Capital Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
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Board of Directors of Frontier Capital Limited
Frontier Capital Limited is currently managed by 6 directors, with 29 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemendranath Rajendranath Choudhary | Whole-Time Director | 21 Apr 2016 | 10 Years 3 Months | Current |
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Mayur Nagindas Doshi
Also directs:
Asia Motorworks Limited, Tranztar Commercial Vehicle Applications Limited, Amw Finance Limited and 3 more
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Director | 02 Dec 2021 | 4 Years 8 Months | Current |
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Sonali Omkar Patil
Also directs:
Kosha Fine Jewels Limited, Zdvisor Technologies Private Limited, Anandvan Defi Academy Private Limited and 1 more
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Director | 23 Aug 2022 | 3 Years 11 Months | Current |
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Sumana Raychaudhuri
Also directs:
Century Aluminium Manufacturing Co Ltd, Camco Multi Metal Limited
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Director | 04 Sep 2025 | 0 Years 11 Months | Current |
| Prodyut Banerjee | Director | 12 May 2025 | 1 Years 3 Months | Current |
| George Sundersingh John Davis | Director | 20 Mar 2024 | 2 Years 4 Months | Current |
Financials of Frontier Capital Limited FY 2024 filings available
Frontier Capital Limited reported revenue of ₹28.12 Lakh (down 9.96% YoY) for FY 2024.
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹28.12 Lakh | ₹31.23 Lakh | ₹1.11 Cr | ₹27.28 Lakh | ₹21.99 Lakh |
| Interest Earned | ₹23.84 Lakh | ₹31.23 Lakh | ₹11,000 | ₹27.28 Lakh | ₹21.99 Lakh |
| Other Income | ₹69,000 | ₹42.9 Lakh | ₹0 | ₹3.59 Lakh | ₹61.4 Lakh |
| Total Income | ₹28.81 Lakh | ₹74.13 Lakh | ₹1.11 Cr | ₹30.87 Lakh | ₹83.39 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹71,000 | ₹4.2 Lakh | ₹7.2 Lakh | ₹19.13 Lakh | ₹18.71 Lakh |
| Finance Costs | ₹0 | ₹22,000 | ₹50,000 | ₹1.15 Lakh | ₹34.56 Lakh |
| Depreciation & Amortisation | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹17.12 Lakh | ₹45.48 Lakh | ₹19.82 Lakh | ₹95.42 Lakh | ₹42.12 Lakh |
| Total Expenses | ₹17.83 Lakh | ₹49.9 Lakh | ₹27.52 Lakh | ₹1.16 Cr | ₹95.39 Lakh |
| Profit Before Exceptional Items & Tax | ₹10.98 Lakh | ₹24.23 Lakh | ₹83.59 Lakh | -₹84.83 Lakh | -₹12 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | -₹6.16 Cr |
| Profit Before Tax | ₹10.98 Lakh | ₹24.23 Lakh | ₹83.59 Lakh | -₹84.83 Lakh | -₹6.28 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | ₹10.98 Lakh | ₹24.23 Lakh | ₹83.59 Lakh | -₹84.83 Lakh | -₹6.28 Cr |
| Other Comprehensive Income | ₹0 | ₹4.18 Lakh | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹10.98 Lakh | ₹28.41 Lakh | ₹83.59 Lakh | -₹84.83 Lakh | -₹6.28 Cr |
| EBITDA (computed) | ₹10.98 Lakh | ₹24.45 Lakh | ₹84.09 Lakh | -₹83.68 Lakh | ₹22.56 Lakh |
| Basic EPS | ₹0.07 | ₹0.17 | ₹0.50 | ₹-0.51 | ₹6.28 |
| Diluted EPS | ₹0.07 | ₹0.17 | ₹0.50 | ₹-0.51 | ₹6.28 |
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Total Assets | ₹3.11 Cr | ₹2.95 Cr | ₹3.33 Cr | ₹2.26 Cr | ₹2.73 Cr |
| Property, Plant & Equipment | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Cash & Equivalents | ₹4.94 Lakh | ₹36.68 Lakh | ₹7.15 Lakh | ₹36,000 | ₹23,000 |
| Equity (Net Worth) | ₹2.45 Cr | ₹2.34 Cr | ₹2.06 Cr | ₹1.22 Cr | ₹2.07 Cr |
| Equity Share Capital | ₹16.76 Cr | ₹16.76 Cr | ₹16.76 Cr | ₹16.76 Cr | ₹16.76 Cr |
| Total Liabilities | ₹65.77 Lakh | ₹60.04 Lakh | ₹1.27 Cr | ₹1.04 Cr | ₹66.15 Lakh |
| Metrics | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Operating Cash Flow | -₹31.72 Lakh | ₹61.03 Lakh | -₹22.73 Lakh |
| Investing Cash Flow | ₹0 | ₹0 | ₹0 |
| Financing Cash Flow | ₹0 | -₹31.76 Lakh | ₹29.52 Lakh |
| Capital Expenditure | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | -₹31.72 Lakh | ₹61.03 Lakh | -₹22.73 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹31.72 Lakh | ₹29.27 Lakh | ₹6.79 Lakh |
| Metrics | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|
| Revenue from Operations | ₹15.12 Lakh | ₹14.38 Lakh | ₹13.86 Lakh |
| Interest Earned | ₹8.73 Lakh | ₹8.6 Lakh | ₹8.26 Lakh |
| Other Income | ₹4.21 Lakh | ₹0 | ₹0 |
| Total Income | ₹19.33 Lakh | ₹14.38 Lakh | ₹13.86 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹0 | ₹6 Lakh | ₹6 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹6.74 Lakh | ₹4.37 Lakh | ₹4.63 Lakh |
| Total Expenses | ₹6.74 Lakh | ₹10.37 Lakh | ₹10.63 Lakh |
| Profit Before Exceptional Items & Tax | ₹12.59 Lakh | ₹4.01 Lakh | ₹3.23 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹12.59 Lakh | ₹4.01 Lakh | ₹3.23 Lakh |
| Total Tax Expense | ₹0 | ₹0 | ₹0 |
| Net Profit | ₹12.59 Lakh | ₹4.01 Lakh | ₹3.23 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹12.59 Lakh | ₹4.01 Lakh | ₹3.23 Lakh |
| EBITDA (computed) | ₹12.59 Lakh | ₹4.01 Lakh | ₹3.23 Lakh |
| Basic EPS | ₹0.08 | ₹0.02 | ₹0.02 |
| Diluted EPS | ₹0.08 | ₹0.02 | ₹0.02 |
Shareholding Pattern of Frontier Capital Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 56.07%, foreign institutional investors hold 0.14%, retail and other public shareholders hold 43.79% of Frontier Capital Limited. The company had 2,137 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 56.07% | 56.07% | 56.07% | 56.07% | 56.07% | 74.53% |
| Public | 43.93% | 43.93% | 43.93% | 43.93% | 43.93% | 25.47% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 56.07% | 56.07% | 74.53% |
| Public | 43.93% | 43.93% | 25.47% |
| Promoter change (YoY, %pts) | +0.00 | -18.46 | - |
Charges & Borrowings Frontier Capital Limited
Frontier Capital Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Frontier Capital Limited
View historical data on people associated with Frontier Capital Limited, including employment history and EPFO contributions.
Employee and EPFO history for Frontier Capital Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Frontier Capital Limited
GST registrations and filing compliance for Frontier Capital Limited
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Credit Ratings, Litigation & Regulatory Alerts for Frontier Capital Limited
Credit ratings, litigation, and regulatory alerts for Frontier Capital Limited
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MSME Payment Delays by Frontier Capital Limited
MSME payment history for Frontier Capital Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
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Subsidiaries & Group Companies of Frontier Capital Limited
Corporate group structure for Frontier Capital Limited
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MCA Filings & Documents of Frontier Capital Limited
MCA filings and documents for Frontier Capital Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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Recent Activity on Frontier Capital Limited
Frequently Asked Questions about Frontier Capital Limited
Frontier Capital Limited is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 13 June 1984 (42+ years old) and is registered under CIN L65990MH1984PLC033128. Listed on BSE: 508980.
Frontier Capital Limited reported revenue of ₹28.12 Lakh for FY 2024 (down 9.96% YoY) based on standalone BSE filings.
The current directors of Frontier Capital Limited are:
- Hemendranath Rajendranath Choudhary - Whole-Time Director
- Mayur Nagindas Doshi - Director
- Sonali Omkar Patil - Director
- Sumana Raychaudhuri - Director
- Prodyut Banerjee - Director
- George Sundersingh John Davis - Director
The primary industry of Frontier Capital Limited is financial services. The company specifically operates in investment and credit nbfc. The company is currently active in this sector.
Yes. Frontier Capital Limited is listed on BSE with code 508980.
Frontier Capital Limited can be reached at the registered office: 1206 Plot – 453 Lodha Supremus, Senapati Bapat Marg Lower Parel Delisle Road, Mumbai, Maharashtra, India – 400013, or through the website frontiercapital.in.