Frontier Springs Q4 FY25 Results & Concall Highlights: Revenue, Margins & Order Book
Published 15 Jul 2026 | Auto Components | Market Cap: ₹1.6K Cr
The company aims to achieve Rs. The management is confident of sustaining and improving EBITDA margins from the current ~21% to 22-23% by focusing on high value-added products like air springs and forgings.
From Frontier Springs's Q4 FY25 earnings-call transcript · updated 23 Aug 2026.
Price
₹1,278
Market Cap
₹1.6K Cr
P/E Ratio
26.8
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Frontier Springs — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹81 Cr, net profit ₹14 Cr.
Full financials →📊 Revenue & Sales Performance
- →The company aims to achieve Rs. 375 crore revenue in FY'26 and Rs. 500 crore in FY'27.
- →Capacity utilization is targeted to move from current ~70% to around 80% post Rs. 15 crore CAPEX.
- →After the Rs. 15 crore CAPEX, only a small investment of Rs. 2-3 crore expected until reaching Rs. 500 crore revenue.
- →The air spring market share aims to increase from 25% to 30% in FY'26 and FY'27.
- →Order book was Rs. 150 crore on April 1, growing to Rs. 250 crore with ongoing tenders and expected Rs. 50 crore more by June.
- →Demand driven by Indian Railways’ increased production of LHB coaches (~6,000 annually), requiring approx. 24,000 air springs yearly.
- →The company emphasizes high-margin, value-added products to sustain 21%-23% EBITDA margins amid growth.
- →Replacement market for air springs and forging high-value segment are also growing areas.
📈 Profitability & Margins
- →The management is confident of sustaining and improving EBITDA margins from the current ~21% to 22-23% by focusing on high value-added products like air springs and forgings.
- →Revenue is targeted to grow from Rs. 231.34 crore in FY'25 to Rs. 375 crore in FY'26, and further aiming Rs. 500 crore by FY'27.
- →Capacity utilization is currently around 80% and expected to increase with Rs. 15 crore CAPEX in FY'26, with only minimal further investment needed (~Rs. 2-3 crore) until Rs. 500 crore revenue is reached.
- →EBITA for Q4 FY'25 stood at Rs. 16.75 crore with a margin of 23.9%, indicating strong quarterly operating earnings growth.
- →Profit after tax increased significantly by 130.89% year-on-year in Q4 FY'25 and 166.93% for full year FY'25, showing robust profitability growth expectations.
- →Management remains conservative with targets but expects consistent double-digit profit growth supported by capacity expansion and value addition.
🏗️ Capital Expenditure Plans
- →Current year planned CAPEX: Rs. 15 crore to expand capacity across all three divisions—coil spring (Rs. 5-6 crore), air spring (Rs. 4-5 crore), and forging (Rs. 2-3 crore).
- →The CAPEX aims to increase utilization from current ~70% to about 80% upon completion.
- →After the Rs. 15 crore CAPEX, minimal additional investment (around Rs. 2-3 crore) is anticipated until reaching Rs. 500 crore revenue in FY'27.
- →Investments include new and modernized machines to address bottlenecks and improve production capacity and quality.
- →Strategic focus on high-value forging items, expansion in air spring capacity, and strengthening coil spring capacity.
- →Plans to leverage partnership with Contitech Germany for air springs with technical know-how import.
- →No immediate plans for stock splits or bonuses; working towards NSE listing complying with minimum requirements.
💰 Fundraising & Capital Structure
- →The company is not planning any significant fundraising through debt or equity in the near term.
- →After the current Rs. 15 crore CAPEX planned for FY'26, only a small amount of around Rs. 2-3 crore additional investment might be required till they reach Rs. 500 crore revenue by FY'27.
- →Management is focused on utilizing internal cash and investments (mutual funds, equity market) rather than raising fresh funds.
- →No plans for stock split, bonus issue, or other corporate actions related to equity fundraising at present.
- →The company aims to maintain healthy cash reserves and continue investing operational cash flows into business expansion and capacity enhancement.
📋 Order Book & Pipeline
- →As of April 1, the order book stood at approximately Rs. 150 crore.
- →Within two months into the financial year, the order position increased to Rs. 200-250 crore.
- →The company recently secured Rs. 100 crore orders from RCF and MCF.
- →Another Rs. 50 crore order is expected by the end of June, currently under negotiation with the company in the L1 position.
- →Approximately Rs. 100 crore from the existing order book is expected to be executed in Q1.
- →The total current and pipeline orders cumulatively amount to around Rs. 250 crore.
- →The company is confident of achieving Rs. 375 crore revenue for the financial year, supported by ongoing and upcoming tenders worth Rs. 100-150 crore.
- →There is a continuous inflow of tenders in the pipeline, maintaining a strong order book for sustained business growth.
Key Metrics
Frequently Asked Questions
What were Frontier Springs Q4 FY25 results?
The company aims to achieve Rs. The management is confident of sustaining and improving EBITDA margins from the current ~21% to 22-23% by focusing on high value-added products like air springs and forgings.
What is Frontier Springs share price analysis?
Frontier Springs currently shows a neutral. The stock trades at a P/E of 26.8 with a market cap of ₹1,572 Cr. Investors should review the full earnings analysis for detailed insights.
Is Frontier Springs planning capital expenditure?
Current year planned CAPEX: Rs.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.