Frontier Springs Limited. - machinery and equipment in Kanpur Dehat, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN L17119UP1981PLC005212 Incorporated 24 February 1981 ROC Uttar Pradesh HQ Kanpur Dehat, Uttar Pradesh, India
Active Listed - NSE: FRONTSP · BSE: 522195 Public Limited Company machinery and equipment
Data last updated
Market Cap
₹1,544 Cr
FRONTSP · NSE
Share Price
₹1,285.00
-1.68% today
Revenue
₹322 Cr
FY 2025-26 · +39.2% YoY
EBITDA
₹86.62 Cr
Margin 26.9%
Net Profit
₹60.36 Cr
FY 2025-26 · +78.4% YoY
P/E (TTM)
36.4x
P/B 0.6x
ROE
39.9%
ROCE 50.9%
Debt / Equity
0.05
Interest cover 0.7x

About Frontier Springs Limited.

Data last updated:

Frontier Springs Limited. is a public limited company based in Kanpur Dehat, Uttar Pradesh, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 24 February 1981 and has been in existence for over 45 years.

The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN L17119UP1981PLC005212. Its GSTIN is 09AAACF2269H1ZM (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active. Its shares are listed on BSE: 522195 and NSE: FRONTSP.

The company has an authorised share capital of ₹15.1 Cr and a paid-up capital of ₹11.82 Cr. It is led by directors including Kundan Lal Bhatia (Managing Director) and Kapil Bhatia (Managing Director).

Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 25/4 Kalpi Road Rania, Kanpur Dehat, Uttar Pradesh, India – 209304.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹322.06 Cr, a growth of 39.2% compared to the previous year. For the same year it recorded a net profit of ₹60.36 Cr (net margin 18.7%) and EBITDA of ₹86.62 Cr (EBITDA margin 26.9%). The net worth stands at ₹183.48 Cr (up 48% YoY). Total assets are valued at ₹194.95 Cr (up 49.6% YoY).

The company has about 196 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Frontier Springs. As per MCA filings, the company has open charges of ₹36.75 Cr and satisfied charges of ₹1.9 Cr on record. Court records list 19 cases involving the company, including 12 filed by the company and 6 filed against it; 3 cases are pending. The company has 14 deals on record (14 market trades); the latest was in September 2026. Its 10 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers, Springs) are compared by revenue, 5 larger and 5 smaller; the largest is Sri Energy Valves Private Limited with revenue of ₹235.9 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website frontiersprings.co.in.

Company Details of Frontier Springs Limited.
CIN L17119UP1981PLC005212
Registration Number 005212
Incorporation Date 24 February 1981
ROC Uttar Pradesh
Listing Status Listed (BSE: 522195, NSE: FRONTSP)
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN History of Frontier Springs Limited.

Frontier Springs Limited has one previous CIN (Corporate Identification Number): U17119UP1981PLC005212. The current CIN is L17119UP1981PLC005212, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L17119UP1981PLC005212Current
U17119UP1981PLC005212Previous
Contact Details
  • Email
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  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    25/4 Kalpi Road Rania, Kanpur Dehat, Uttar Pradesh, India – 209304
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Frontier Springs Limited. in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Frontier Springs Limited.

Frontier Springs Limited operates one associated brand: Frontier Springs. Each brand links to its own profile.

BrandDescriptionWebsite
Hot wound springs are manufactured for transportation and industrial applications.frontiersprings.co.in

Business Activity of Frontier Springs Limited.

The main business activity of Frontier Springs Limited is manufacturing. In detail, this covers metal and metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC7Metal and metal productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

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Financials of Frontier Springs Limited. FY 2025-26 filings available

Frontier Springs Limited. reported revenue of ₹322.06 Cr (up 39.2% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹322 Cr
+39.2% YoY
EBITDA
₹86.62 Cr
+73.2% YoY
Profit After Tax
₹60.36 Cr
+78.4% YoY
Net Worth
₹183 Cr
+48.0% YoY
Total Assets
₹195 Cr
+49.6% YoY
Total Debt
₹10.80 Cr
+81.8% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue32223113510783.6676.9699.88
Revenue growth+39.2%+70.8%+26.1%+28.3%+8.7%-23.0%-
EBITDA86.6250.0221.1713.0212.2412.7420.35
EBITDA margin+26.9%+21.6%+15.6%+12.1%+14.6%+16.6%+20.4%
Profit before tax82.2746.4017.499.7710.0910.5517.53
Net profit60.3633.8412.737.227.537.7914.02
Net profit margin+18.7%+14.6%+9.4%+6.7%+9.0%+10.1%+14.0%
EPS (₹)51.7987.4632.7718.2718.9619.6735.37
Balance sheet
Total assets19513093.5979.7771.1663.6260.66
Net worth18312489.3174.6867.4359.5551.32
Total debt10.805.943.724.623.373.708.87
Cash & bank3.505.202.282.001.882.962.59
Net working capital82.3350.0330.4622.8921.2421.2122.68
Cash flow
Cash from operations31.4122.1111.579.6210.1511.0010.05
Cash from investing(36.87)(20.46)(9.60)(10.02)(10.22)(4.97)(7.51)
Cash from financing3.761.28(1.69)0.52(1.01)(5.67)(1.20)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue78.4682.5481.4382.7475.3470.0858.2752.24
Revenue growth (YoY)+4.1%+17.8%+39.8%+58.4%+48.5%---
Other income0.120.290.070.170.600.130.060.13
Total expenses59.2259.0161.1660.6754.9253.3345.7941.55
EBITDA19.2423.5320.2722.0720.4216.7512.4810.69
EBITDA margin+24.5%+28.5%+24.9%+26.7%+27.1%+23.9%+21.4%+20.5%
Depreciation1.251.671.111.091.041.021.011.02
Interest0.060.060.080.060.070.070.060.05
Profit before tax18.0522.0919.1521.0919.9115.7911.479.75
Tax6.045.514.875.385.184.122.732.46

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 21 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue78.4682.5481.4382.7475.3470.0858.2752.24
Revenue growth (YoY)+4.1%+17.8%+39.8%+58.4%+48.5%---
Other income0.120.290.070.170.600.130.060.13
Total expenses59.2259.0161.1660.6754.9253.3345.7941.55
EBITDA19.2423.5320.2722.0720.4216.7512.4810.69
EBITDA margin+24.5%+28.5%+24.9%+26.7%+27.1%+23.9%+21.4%+20.5%
Depreciation1.251.671.111.091.041.021.011.02
Interest0.060.060.080.060.070.070.060.05
Profit before tax18.0522.0919.1521.0919.9115.7911.479.75
Tax6.045.514.875.385.184.122.732.46
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue32223113510783.6676.9699.88
Revenue growth+39.2%+70.8%+26.1%+28.3%+8.7%-23.0%-
Other income1.130.980.610.640.980.970.90
Total expenses23518111494.3471.4264.2279.53
Employee cost5.835.804.533.853.493.362.95
EBITDA86.6250.0221.1713.0212.2412.7420.35
EBITDA margin+26.9%+21.6%+15.6%+12.1%+14.6%+16.6%+20.4%
Depreciation4.904.013.713.202.852.672.39
Interest0.580.590.580.690.280.491.33
Profit before tax82.2746.4017.499.7710.0910.5517.53
Tax20.9411.744.482.542.562.743.52
Net profit60.3633.8412.737.227.537.7914.02
Net profit margin+18.7%+14.6%+9.4%+6.7%+9.0%+10.1%+14.0%
EPS (₹)51.7987.4632.7718.2718.9619.6735.37
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital11.843.963.963.963.963.963.96
Reserves & surplus17212085.3570.7263.4755.5947.36
Shareholders' funds (net worth)18312489.3174.6867.4359.5551.32
Secured loans9.204.062.553.372.142.148.87
Unsecured loans1.601.881.171.251.231.560.00
Total debt10.805.943.724.623.373.708.87
Total liabilities19513093.5979.7771.1663.6260.66
Assets
Gross block10389.4674.9968.2559.6854.9551.44
Net block65.4856.3145.1341.9336.5134.3233.15
Capital work in progress1.411.021.590.801.000.011.41
Investments48.2924.8017.9815.4813.338.174.66
Inventories34.1339.6830.9130.2820.6117.2416.25
Sundry debtors60.8938.4422.1716.2216.8817.5215.75
Cash & bank balances3.505.202.282.001.882.962.59
Loans & advances3.452.792.232.040.810.993.24
Total current assets10286.1157.5950.5440.1838.7137.83
Total current liabilities19.6436.0827.1327.6518.9417.5015.15
Net working capital82.3350.0330.4622.8921.2421.2122.68
Total assets19513093.5979.7771.1663.6260.66
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash5.202.282.001.882.962.591.26
Net cash from operating activities31.4122.1111.579.6210.1511.0010.05
Net cash from investing activities(36.87)(20.46)(9.60)(10.02)(10.22)(4.97)(7.51)
Net cash from financing activities3.761.28(1.69)0.52(1.01)(5.67)(1.20)
Net change in cash(1.70)2.920.280.12(1.08)0.361.33
Closing cash3.505.202.282.001.882.962.59
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+39.2%+70.8%+26.1%+28.3%+8.7%-23.0%-
EBITDA growth+73.2%+136.3%+62.6%+6.4%-3.9%-37.4%-
PBT growth+77.3%+165.3%+79.0%-3.2%-4.4%-39.8%+70.2%
Net income growth+78.4%+165.8%+76.3%-4.1%-3.3%-44.4%-
Revenue CAGR (3Y)+44.2%+40.4%+20.7%+2.4%+0.2%+9.0%+27.0%
EBITDA CAGR (3Y)+88.1%+59.9%+18.5%-13.8%-2.3%+15.7%+54.2%
Profitability & leverage
Net income margin+19.0%+15.0%+9.6%+6.7%+9.0%+10.2%+14.0%
Return on capital employed+50.9%+42.0%+20.8%+13.9%+15.4%+17.8%+35.1%
Return on net worth+39.9%+32.5%+15.8%+10.2%+11.8%+14.1%+31.5%
Debt / equity0.050.050.050.060.060.110.20
Long-term debt / equity0.010.010.010.020.020.040.07
Interest cover0.711.283.327.032.984.877.41
Efficiency & per share
Fixed asset turnover3.953.322.231.981.461.452.38
Inventory turnover10.307.735.224.984.424.606.67
Debtors turnover7.659.018.337.664.864.638.49
EPS (₹)51.7987.4632.7718.2718.9619.6735.37
Dividend per share (₹)0.701.801.501.001.000.001.10
Book value per share (₹)154.96312.79225.34188.44170.15150.26129.51
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Board of Directors of Frontier Springs Limited.

Frontier Springs Limited has 11 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Keshao Parnuji SomkuwarDirector08 Feb 20206 Years 8 MonthsCurrent
Sushil Kumar LuthraAdditional Director28 May 20260 Years 4 MonthsCurrent
Manju BhatiaWhole-Time Director14 Nov 201312 Years 11 MonthsCurrent
Neeraj BhatiaWhole-Time Director22 Apr 199135 Years 5 MonthsCurrent
Kundan Lal BhatiaManaging Director24 Feb 198145 Years 7 MonthsCurrent
Sudhanshu ManiDirector09 Aug 20242 Years 2 MonthsCurrent
Showing 6 of 11 current directors. View all directors

Peer Comparison of Frontier Springs Limited.

Frontier Springs Limited. is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers, Springs). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Frontier Springs Limited. this company₹322.06 Cr (FY 2026)••••••••39.2%••••Kanpur Dehat, Uttar Pradesh, India
Sri Energy Valves Private Limited₹235.9 Cr (FY 2025)••••••••-8.0%••••Pudukkottai, Tamil Nadu, India
Klaus Multiparking Systems Pvt Ltd₹235.83 Cr (FY 2025)••••••••22.0%••••Pune, Maharashtra, India
Iwl India Private Limited₹235.49 Cr (FY 2025)••••••••4.0%••••Chennai, Tamil Nadu, India
Magna Automations Limited..₹234.06 Cr (FY 2025)••••••••11.0%••••New Delhi, Delhi, India
Cryolor Asia Pacific Private Limited₹233.06 Cr (FY 2025)••••••••25.0%••••Maduranthagam, Tamil Nadu, India
Rhetoric Technologies Private Limited₹231.83 Cr (FY 2025)••••••••7.0%••••Trinagar, Delhi, India
Jupiter International Infra Private Limited₹231.75 Cr (FY 2025)••••••••15.0%••••Meerut, Uttar Pradesh, India
Krishnaveni Carbon Products Private Limited₹230.76 Cr (FY 2025)••••••••14.0%••••Coimbatore, Tamil Nadu, India
Dali and Samir Engineering Private Limited₹230.46 Cr (FY 2025)••••••••0.0%••••Pune, Maharashtra, India
Precision Machine & Auto Components Private Limited₹230.1 Cr (FY 2025)••••••••11.0%••••Chennai, Tamil Nadu, India

Peers are the five companies nearest above and the five nearest below Frontier Springs Limited by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers, Springs), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Frontier Springs Limited.

Frontier Springs Limited. is audited by SANJEEVANI RAIZADA & CO for the financial year 2023.

NameStatusAppointment DateCessation Date
SANJEEVANI RAIZADA & COLockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

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Shareholding Pattern of Frontier Springs Limited.

Shareholding for the quarter ended Sep 2026: promoters hold 51.80%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.40% and retail and other public shareholders hold 47.90%.

Promoters: 51.80%DII (Domestic Institutional): 0.40%Retail & Others: 47.90%
Sep 2026
QUARTER
51.80% Promoters
0.40% DII (Domestic Institutional)
47.90% Retail & Others
Promoter holding - history
Now 51.80% · Sep 2026High 51.80% · Dec 2025Low 51.80% · Dec 2025
50%50.8%51.5%52.3%53%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 51.80%Mar 2026: 51.80%Jun 2026: 51.80%Sep 2026: 51.80%51.80%51.80%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters51.80%51.80%51.80%51.80%
Public48.20%48.20%48.20%48.20%

Charges & Borrowings of Frontier Springs Limited.

Open charges
₹36.75 Cr
Satisfied charges
₹1.9 Cr
Breakdown by lending institutions
State Bank of India₹34.23 Cr
Others₹2.52 Cr
Latest charge details
DateLenderAmountStatus
20 Dec 2024Others₹72 LakhOpen
31 Aug 2024Others₹25 LakhOpen
16 Apr 2024Others₹20 LakhOpen
05 Feb 2024Others₹75 LakhOpen
02 Jan 2023Others₹10 LakhOpen

Total charge records: 16 View all charges

Deals & Funding of Frontier Springs Limited.

Frontier Springs Limited. has 14 deals on record (14 market trades); the latest was in September 2026.

Total deals
14
Market trades
14

Deals on record (5 of 14)

WhenDealAmountParties
Sep 2026Market trade₹22.02 CrBuyer: Alphagrep Securities Private Limited , NK Securities Research Private Limited
Seller: Alphagrep Securities Private Limited , NK Securities Research Private Limited
Aug 2024Market trade₹4.84 CrSeller: Counter Cyclical Investments Private Limited
Jan 2020Market trade₹1.28 CrBuyer: BP Equities Private Limited
Seller: BP Equities Private Limited
Mar 2017Market trade₹18.3 LakhBuyer: Ninja Securities Private Limited
Seller: Ninja Securities Private Limited
Dec 2006Market trade₹4.7 LakhSeller: Agr Investments Limited
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Full deal history

All 14 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Employees and EPFO Compliance at Frontier Springs Limited.

Frontier Springs Limited. has a workforce of 196 employees as of Mar 27, 2024.

Employee count
196
Active EPFO establishments
2
Employee growth
7.69%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Frontier Springs Limited.

Frontier Springs Limited. has 20 board changes on record since 1981: 11 appointments and 9 cessations. The latest: Sushil Kumar Luthra was appointed as Additional Director on 28 May 2026.

Charges
A charge registered on 31 May 2019 via Charge ID 100266928 with Axis Bank Limited was fully satisfied on 10 Sep 2026.
Appointed
Sushil Kumar Luthra was appointed as Additional Director.
Charges
A charge registered on 02 Jul 2021 via Charge ID 100463513 with Others was fully satisfied on 25 Nov 2025.
AGM
Frontier Springs Limited. last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Charges
A charge registered on 28 Oct 2010 via Charge ID 10249767 with Member Secretary Single Window Clearance Agency was fully satisfied on 10 Sep 2025.
Charges
A charge with State Bank Of India of Rs. 34.23 Cr registered on 11 Mar 1995 with Charge ID 80039018 was modified on 06 Sep 2025.
Filing
Frontier Springs Limited. has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh I.
Charges
A charge with Others amounted to Rs. 0.72 Cr with Charge ID 101050154 was registered on 20 Dec 2024.
Appointed
Surendra Kumar Premnarayan Gupta was appointed as Director.
Ceased
Ramesh Kumar Bhatia ceased to be Director.
Ceased
Yash Pal Sethi ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100980278 was registered on 31 Aug 2024.

36 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Frontier Springs Limited.

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Credit ratings, litigation, and regulatory alerts

Credit ratings, court records and regulatory alerts are in the company report.

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MSME Payment Delays by Frontier Springs Limited.

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Frontier Springs Limited.

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Frontier Springs Limited.

Frontier Springs Limited has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
09AAACF2269H1ZMUttar PradeshActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Frontier Springs Limited.

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MCA filings and documents

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Frequently Asked Questions about Frontier Springs Limited.

Frontier Springs Limited is an active public limited company based in Kanpur Dehat, Uttar Pradesh, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 24 February 1981 (45+ years old) and is registered under CIN L17119UP1981PLC005212. Listed on BSE: 522195 and NSE: FRONTSP.

Frontier Springs Limited reported revenue of ₹322.06 Cr for FY 2025-26 (up 39.2% YoY) based on standalone financials.

Frontier Springs Limited has 11 current directors:

The GSTIN of Frontier Springs Limited is 09AAACF2269H1ZM, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Frontier Springs Limited is L17119UP1981PLC005212. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Frontier Springs Limited is listed on both BSE (code: 522195) and NSE (symbol: FRONTSP).

Frontier Springs Limited has 19 court cases on record: 12 filed by the company and 6 filed against it. 3 are pending. Most are in the high courts.

Frontier Springs Limited was incorporated on 24 February 1981, making it 45+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.

Frontier Springs Limited has 14 deals on record (14 market trades); the latest was in September 2026.

The peers of Frontier Springs Limited by revenue are Sri Energy Valves Private Limited, Klaus Multiparking Systems Pvt Ltd, Iwl India Private Limited, Magna Automations Limited, Cryolor Asia Pacific Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers, Springs).

Sushil Kumar Luthra was appointed as Additional Director on 28 May 2026. Surendra Kumar Premnarayan Gupta was appointed as Director on 28 Oct 2024. Ramesh Kumar Bhatia ceased to be Director on 28 Sep 2024. Frontier Springs Limited has 20 board changes on record in total.

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