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Frontier Springs Ltd (FRONTSP) Share Price & Fundamentals

Company Overview

Founded Year

1981

Listed Year

-

Headquarter

Kanpur, Uttar Pradesh, India

MD/CEO

Kapil Bhatia

Website

http://www.frontiersprings.co.in

Company Facts

What we do

Frontier Springs Limited manufactures hot coiled compression springs, air springs, and forgings primarily for Indian Railways, also serving heavy engineering industries.

Founded in

1,981

Market share

Leading supplier of springs and forgings to Indian Railways with IRIS certification and approvals from RDSO.

Problem solved

Provides reliable, efficient suspension and mechanical components ensuring safety and performance of railway coaches and locomotives.

Top clients or who we serve

Indian Railways, bogie manufacturers, heavy engineering firms like BEML and Bharat Heavy Electricals Ltd.; B2B.

Key management

Kapil Bhatia (Managing Director), Neeraj Bhatia (CFO & Whole-time Director), Manju Bhatia (Whole-time Director).

Our journey and innovations

Started in 1981 supplying springs to Indian Railways, expanded manufacturing units and product offerings including air springs and forgings, adopting advanced forging hammers and solar power.

Where we operate

Operations centered in India with manufacturing units in Kanpur and Himachal Pradesh; exports possible via IRIS certification.

Top products or what we offer

L.H.B. Springs, Hot Coiled Compression Springs, Air Springs for LHB coaches, forging components for wagons and locomotives.

Top brands

No separate brands; products recognized for IRIS certification and used on India’s fastest train, Vande Bharat Express.

Raw materials needed

Chrome molly and chrome silicon steel rods, rubber for air springs, raw steel for forgings.

Raw materials supplier

Not specified; procurement from qualified steel suppliers.

Recurring vs cyclical contribution

Revenue primarily recurring through ongoing supply contracts with Indian Railways and related industries.

Our industry position

Well-positioned with a dominant share in railway spring supply, recognized for quality and certifications.

Financial highlights

Revenue Rs. 231 crore, Net profit Rs. 34.66 crore in FY 2024-25 with strong year-on-year growth over 70%.

Geographical revenue split

-

Order book

Robust order book supported by Indian Railways expansions and fleet additions.

Whats driving growth

Growing Indian Railways investment, capacity expansions, new product lines like Air Springs, and government infrastructure initiatives.

Our future plans

Capex to enhance coil springs and air springs capacity; new automated machinery installation underway.

Our green promise

Installed 100 KVA solar plant; focus on energy conservation and environmental standards compliance.

Our people and values

Diverse workforce with experienced leadership; committed to ethical practices and corporate governance.

Key challenges ahead

Raw material price volatility, dependency on Indian Railways orders, and competitive pressures.

Interesting facts

Supplies springs for India’s fastest train, Vande Bharat Express; IRIS certified for international standards.

Risks and strategy

Mitigates risks via diversified rail equipment products, strong client relationships, and quality certifications.

Market Footprint

Top Clients

Top Clients

Indian Railways, bogie manufacturers, heavy engineering firms like BEML and Bharat Heavy Electricals Ltd.; B2B.

Top Products

Top Products

L.H.B. Springs, Hot Coiled Compression Springs, Air Springs for LHB coaches, forging components for wagons and locomotives.

Price Movement & Share Holding

Today's High/Low

12911336.1

52 Week High/Low

1150.51869
Past Returns

1 week

0.7%

1 month

-9.49%

3 month

-3.31%

1 year

-10.93%

3 year

510.5%

5 year

1244.25%

Share Holding

Promoters

51.76%

FII

0.04%

DII

0.52%

Retail

34.83%

Others

12.86%

Company Overview

Founded Year

1981

Listed Year

-

Headquarter

Kanpur, Uttar Pradesh, India

MD/CEO

Kapil Bhatia (Managing Director)

Website

http://www.frontiersprings.co.in

Price Movement & Share Holding

Today's High/Low

12911336.1

52 Week High/Low

1150.51869

Past Returns

1 week

0.7%

1 month

-9.49%

3 month

-3.31%

1 year

-10.93%

3 year

510.5%

5 year

1244.25%

Share Holding

Promoters

51.76%

FII

0.04%

DII

0.52%

Retail

34.83%

Others

12.86%

Company Facts

What we do

Frontier Springs Limited manufactures hot coiled compression springs, air springs, and forgings primarily for Indian Railways, also serving heavy engineering industries.

Founded in

1981

Market share

Leading supplier of springs and forgings to Indian Railways with IRIS certification and approvals from RDSO.

Problem solved

Provides reliable, efficient suspension and mechanical components ensuring safety and performance of railway coaches and locomotives.

Top clients or who we serve

Indian Railways, bogie manufacturers, heavy engineering firms like BEML and Bharat Heavy Electricals Ltd.; B2B.

Key management

Kapil Bhatia (Managing Director), Neeraj Bhatia (CFO & Whole-time Director), Manju Bhatia (Whole-time Director).

Our journey and innovations

Started in 1981 supplying springs to Indian Railways, expanded manufacturing units and product offerings including air springs and forgings, adopting advanced forging hammers and solar power.

Where we operate

Operations centered in India with manufacturing units in Kanpur and Himachal Pradesh; exports possible via IRIS certification.

Top products or what we offer

L.H.B. Springs, Hot Coiled Compression Springs, Air Springs for LHB coaches, forging components for wagons and locomotives.

Top brands

No separate brands; products recognized for IRIS certification and used on India’s fastest train, Vande Bharat Express.

Raw materials needed

Chrome molly and chrome silicon steel rods, rubber for air springs, raw steel for forgings.

Raw materials supplier

Not specified; procurement from qualified steel suppliers.

Recurring vs cyclical contribution

Revenue primarily recurring through ongoing supply contracts with Indian Railways and related industries.

Our industry position

Well-positioned with a dominant share in railway spring supply, recognized for quality and certifications.

Financial highlights

Revenue Rs. 231 crore, Net profit Rs. 34.66 crore in FY 2024-25 with strong year-on-year growth over 70%.

Order book

Robust order book supported by Indian Railways expansions and fleet additions.

Whats driving growth

Growing Indian Railways investment, capacity expansions, new product lines like Air Springs, and government infrastructure initiatives.

Our future plans

Capex to enhance coil springs and air springs capacity; new automated machinery installation underway.

Our green promise

Installed 100 KVA solar plant; focus on energy conservation and environmental standards compliance.

Our people and values

Diverse workforce with experienced leadership; committed to ethical practices and corporate governance.

Key challenges ahead

Raw material price volatility, dependency on Indian Railways orders, and competitive pressures.

Interesting facts

Supplies springs for India’s fastest train, Vande Bharat Express; IRIS certified for international standards.

Risks and strategy

Mitigates risks via diversified rail equipment products, strong client relationships, and quality certifications.

Market Footprint

Top Clients

Top Clients

Indian Railways, bogie manufacturers, heavy engineering firms like BEML and Bharat Heavy Electricals Ltd.; B2B.

Top Products

Top Products

L.H.B. Springs, Hot Coiled Compression Springs, Air Springs for LHB coaches, forging components for wagons and locomotives.

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