Frontier Capital Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN L65990MH1984PLC033128 Incorporated 13 June 1984 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 508980 Public Limited Company financial services
Data last updated
Revenue · FY 2024
₹28.12 Lakh
▼ 9.96% YoY
EBITDA · FY 2024
₹10.98 Lakh
▼ 55.09% YoY
Net profit · FY 2024
₹10.98 Lakh
▼ 54.68% YoY
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹16.76 Cr
Issued & subscribed
Open charges
None
Secured borrowings
Company age
42 yrs
Est. 1984
Last financials
Mar 2025
Balance sheet date

About Frontier Capital Limited

Data last updated: 12 March 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 Sonali Mahesh Sasane.

Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.

As per the financials filed for FY 2022, the company reported a revenue of ₹1.11 Cr, reflecting significant growth compared to the previous year.

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.

Company Details of Frontier Capital Limited
CIN L65990MH1984PLC033128
Registration Number 033128
Incorporation Date 13 June 1984
ROC Mumbai
Listing Status Listed (BSE: 508980)
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Inimitable Capital Finance Private Limited
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Social Media
  • Registered Address
    1206 Plot – 453 Lodha Supremus, Senapati Bapat Marg Lower Parel Delisle Road, Mumbai, Maharashtra, India – 400013
  • Industry
    Financial Services, Investment & Credit NBFC, NBFC
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Financials, compliance, directors, charges, ownership and filings for Frontier Capital Limited in one report.

10-year financials Directors & ownership Charges & compliance

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 Manappuram Finance Consumer and SME loans are provided by Manappuram Finance. Valapad, India, India 1992
L & T Finance Holdings L & T Finance Holdings Diversified lending services are provided as a non-banking financial institution. Mumbai, India, India 1994
Bajaj Finserv Bajaj Finserv Financial solutions including loans and insurance are offered. Pune, India, India 2007
Northern Arc Capital Northern Arc Capital Household and business loans are provided with risk management support. Chennai, India, India 2006
IIFL Finance IIFL Finance Online gold, home, personal, and business loans are provided. Mumbai, India, India 1995
Barclays Barclays Diversified financial services are provided across global markets. London, United Kingdom, United Kingdom -
Mahindra Finance Mahindra Finance Consumer and SME loans are provided by Mahindra Finance. Mumbai, India, India 1991
Hero Fincorp Hero Fincorp 2-wheeler loans and consumer/business financing are provided by Hero Fincorp. Delhi, India, India 1991
Kinara Capital Kinara Capital Collateral-free loans are provided to MSMEs for business operations. Bengaluru, India, India 2011
KCB Group KCB Group 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 *********

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 blur-value blur-value blur-value

Board of Directors of Frontier Capital Limited

Frontier Capital Limited is currently managed by 7 directors, with 34 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Hemendranath Rajendranath Choudhary Whole-Time Director 21 Apr 2016 10 Years 2 Months Current
Sonali Mahesh Sasane Director 23 Aug 2022 3 Years 10 Months Current
Prodyut Banerjee Additional Director 12 May 2025 1 Years 1 Months Current
Mayur Nagindas Doshi Cfo 20 Mar 2024 2 Years 3 Months Current
George Sundersingh John Davis Director 20 Mar 2024 2 Years 3 Months Current
Sumana Raychaudhuri Director 04 Sep 2025 0 Years 10 Months Current
Showing 6 of 7 current directors. View all directors

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. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2024
₹28.12 Lakh ▼ 9.96%
Profit · FY 2024
₹10.98 Lakh ▼ 54.68%
EBITDA · FY 2024
₹10.98 Lakh ▼ 55.09%
Revenue₹ Cr · Standalone00.511.5FY 2020: ₹0 Cr0.2FY 2020FY 2021: ₹0 Cr · +24.1% YoY0.3+24.1%FY 2021FY 2022: ₹1 Cr · +307.3% YoY1.1+307.3%FY 2022FY 2023: ₹0 Cr · -71.9% YoY0.3-71.9%FY 2023FY 2024: ₹0 Cr · -10% YoY0.3-10%FY 2024
Net Profit₹ Cr · Standalone-7.5-5-2.502.5FY 2020: ₹6 Cr (loss)-6.3FY 2020FY 2021: ₹1 Cr (loss) · +86.5% YoY-0.8FY 2021FY 2022: ₹1 Cr · +198.5% YoY0.8+198.5%FY 2022FY 2023: ₹0 Cr · -71% YoY0.2-71%FY 2023FY 2024: ₹0 Cr · -54.7% YoY0.1-54.7%FY 2024
Quarterly Revenue₹ Cr · vs same quarter last year00.10.2Q1'25: ₹0 Cr0.1Q1'25Q2'25: ₹0 Cr0.1Q2'25Q3'25: ₹0 Cr0.2Q3'25
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
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
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
Latest 3 quarters shown.
Want more history and ratios?
You're viewing the latest exchange-filed financials for Frontier Capital Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
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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.

Promoters: 56.07%FII (Foreign Institutional): 0.14%Retail & Others: 43.79%
Mar 2026
QUARTER
56.07% Promoters
0.14% FII (Foreign Institutional)
43.79% Retail & Others
Promoter holding - history
Now 56.07% · Mar 2026High 74.53% · Jun 2023Low 56.07% · Mar 2025
55%60.3%65.5%70.8%76%Jun 2023Dec 2023Jun 2024Dec 2024Jun 2025Dec 2025Jun 2023: 74.53%Sep 2023: 74.53%Dec 2023: 74.53%Mar 2024: 74.53%Jun 2024: 74.53%Sep 2024: 74.53%Dec 2024: 74.53%Mar 2025: 56.07%Jun 2025: 56.07%Sep 2025: 56.07%Dec 2025: 56.07%Mar 2026: 56.07%74.53%56.07%56.07%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters56.07%56.07%56.07%56.07%56.07%74.53%
Public43.93%43.93%43.93%43.93%43.93%25.47%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024
Promoters56.07%56.07%74.53%
Public43.93%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.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Frontier Capital Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Frontier Capital Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Frontier Capital Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Frontier Capital Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Frontier Capital Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Frontier Capital Limited

MSME Payment Delays by Frontier Capital Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Frontier Capital Limited

Subsidiaries & Group Companies of Frontier Capital Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Frontier Capital Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Frontier Capital Limited

MCA Filings & Documents of Frontier Capital Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Frontier Capital Limited

Directors
10 Oct 2025
Kamal Prajapati was appointed as a Company Secretary on 10 Oct 2025 & has been associated with this company since 8 months 29 days.
Activity
29 Sep 2025
Frontier Capital Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Directors
04 Sep 2025
Sumana Raychaudhuri was appointed as a Director on 04 Sep 2025 & has been associated with this company since 10 months 4 days.
Directors
12 May 2025
Prodyut Banerjee was appointed as a Additional Director on 12 May 2025 & has been associated with this company since 1 year 1 month.
Activity
31 Mar 2025
Frontier Capital Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Directors
13 May 2024
Mayur Nagindas Doshi was appointed as a CFO on 13 May 2024 & has been associated with this company since 2 years 1 month.

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 ₹1.11 Cr for FY 2022 (up 260.00% YoY).

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.

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