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Frontier Springs Ltd. — Earnings Release 2026
May 29, 2026
61703_rns_2026-05-29_ab727037-b2a2-4de8-aa4e-40098b4c5bbc.pdf
Earnings Release
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Frontier Springs Ltd.
REGD. OFFICE & FACTORY : KM 25/4, KALPI ROAD, RANIA, KANPUR DEHAT - 209 304 U.P. (INDIA)
Tele Office : +91-5111-240212, 240213 C Fax : +91-5111-240214
e-mail : [email protected] C Website : http://www.frontiersprings.co.in
CIN No. : L17119UP1981PLC005212
May 29, 2026
To
The BSE Limited
Corporate Relationship Department
1st Floor, New Trading Wing
Rotunda Building, PJ Towers
Dalal Street Fort, Mumbai-400001
Phone: - 022-22723121, 22722037
(Script Code: - 522195)
Subject: Press Release: Audited Financial Results for the quarter and year ended March 31,2026
Dear Sir/Madam
Please find attached Press Release on the Audited Financial Results for the quarter and year ended March 31,2026.
The above information is also available on the website of the company at www.frontiersprings.co.in
Kindly take the above on record and oblige.
Thanking You
Yours Faithfully,
For Frontier Springs Limited
DHRUV BHASIN
Dhruv Bhasin
(Company Secretary & Compliance Officer)
Encl’s: As above
IRIS
Certification
SERVING THE NATION SINCE 1980
BSCIC
Frontier Springs Ltd.
An ISO 14001:2015 Certified Company
Q4 & FY26 PRESS AND MEDIA RELEASE
Kanpur, May 28, 2026
FRONTIER SPRINGS, ONE OF INDIA'S LEADING PLAYER IN COIL SPRINGS, FORGING & AIR SPRINGS, ANNOUNCED ITS FINANCIAL RESULTS FOR Q4 & FY26
For Quarter ended March 31, 2026
| REVENUE FROM OPERATIONS | EBITDA | PAT |
|---|---|---|
| ₹82.54 Cr | ||
| ↑ 17.70% Y-O-Y | ₹23.54 Cr | |
| ↑ 40.54% Y-O-Y | ₹16.59 Cr | |
| ↑ 42.22% Y-O-Y |
For Year ended March 31, 2026
| REVENUE FROM OPERATIONS | EBITDA | PAT |
|---|---|---|
| ₹322.06 Cr | ||
| ↑ 39.22% Y-O-Y | ₹86.31 Cr | |
| ↑ 73.80% Y-O-Y | ₹61.31 Cr | |
| ↑ 76.88% Y-O-Y |
Commenting on the performance, Kapil Bhatia, Managing Director, said:
"Frontier Springs Limited delivered a strong Q4FY26, with healthy sales and improved profitability. In line with our guidance, we have surpassed our annual gross sales target of approximately ₹375 crores for FY26. We witnessed steady demand across all our business verticals during the quarter. While we faced a steep increase in raw material costs, we were able to negotiate favourable terms with our vendors and execute some high-value tenders, which helped offset the margin pressure. However, if steel prices continue to remain firm, we may witness a slight moderation in margins in the coming quarters.
We have entered the new financial year with a strong order book of over ~₹370 crores, and we expect to build this up further. We remain committed to our guidance of ₹500 crores in gross revenues for FY27. Given the strong demand visibility, we have earmarked a capex of ₹15-20 crores during the current financial year to further enhance our capacity.
We have also begun receiving orders for the 6-tonne hammer, and a few forging components have been approved for the Vande Bharat trains. We remain confident of scaling our forging operations during the year. On the Air Springs segment, progress on the Failure Indication and Brake Application (FIBA) system remains on track. Backed by expanding capacities, product diversification and a strong industry tailwind, Frontier Springs remains confident of sustaining its growth trajectory in FY27."
Frontier Springs Ltd.
An ISO 14001:2015 Certified Company
Q4 & FY26 PRESS AND MEDIA RELEASE
Financial Highlights
| PARTICULARS | Q4FY26 | Q3FY26 | Q4FY25 | Q-e-Q | Y-o-Y | FY26 | FY25 | Y-o-Y |
|---|---|---|---|---|---|---|---|---|
| Revenue From Operations | 82.54 | 81.43 | 70.08 | 1.37% | 17.79% | 322.06 | 231.34 | 39.22% |
| Other Income | 0.29 | 0.07 | 0.13 | 287.28% | 119.48% | 1.13 | 0.98 | 14.90% |
| Total Income | 82.83 | 81.51 | 70.21 | 1.63% | 17.98% | 323.19 | 232.32 | 39.11% |
| Total Operating Expenses | 59.29 | 61.23 | 53.46 | (3.17%) | 10.91% | 236.88 | 182.66 | 29.69% |
| EBITDA | 23.54 | 20.27 | 16.75 | 16.10% | 40.54% | 86.31 | 49.66 | 73.80% |
| EBITDA Margin (%) | 28.51% | 24.90% | 23.90% | 362 bps | 462 bps | 26.80% | 21.47% | 533 bps |
| Finance Cost | 0.06 | 0.08 | 0.07 | (24.06%) | (10.93%) | 0.28 | 0.23 | 23.67% |
| Depreciation and Amortisation Expenses | 1.67 | 1.11 | 1.02 | 50.11% | 62.78% | 4.90 | 4.01 | 22.37% |
| Profit Before Tax | 22.09 | 19.15 | 15.78 | 15.35% | 39.99% | 82.25 | 46.41 | 77.24% |
| Profit After Tax | 16.59 | 14.28 | 11.66 | 16.16% | 42.22% | 61.31 | 34.66 | 76.88% |
About Frontier Springs Limited
Founded in 1981, Frontier Springs began its journey as a manufacturer of Leaf Springs and Laminated Bearing Springs for Automobiles and Railways. Today, the company primarily produces Hot Coiled Compression Springs and forging items, catering especially to the needs of Wagon, Locomotives, and Carriage sectors. Registered with RDSO since 1990, Frontier Springs is a trusted supplier to the Indian Railways.
Frontier Springs' manufacturing prowess is spread across two state-of-the-art facilities located in Kanpur, Uttar Pradesh, and Poanta Sahib, Himachal Pradesh. The company's portfolio has witnessed significant diversification, now encompassing forging items from 100 gm to 20 Kg and a specialised Spring Division that addresses the needs of both national and international heavy engineering sectors. Recently, the Company made a strategic foray into the production of Air Springs, marking a significant expansion in its product portfolio.
For further details, please get in touch
Dhruv Bhasin
Company Secretary
Frontier Springs Limited
[email protected]
Abhishek Mehra
Investor Relations Advisor
TIL Advisors Private Limited
[email protected]
Safe Harbour
This document which have been prepared by Frontier Springs Limited (the "Company"), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.
This document has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Document. This Document may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Document is expressly excluded.
Certain matters discussed in this Document may contain statements regarding the Company's market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. The Company's actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Document. The Company assumes no obligation to update any forward-looking information contained in this Document.