Frontier Springs Ltd Share Price ₹1,479

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Frontier Springs Ltd

Quarter-by-quarter operating performance

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales +	28	29	25	33	33	44	51	52	58	70	75	83	81
Expenses +	25	25	22	28	28	37	41	42	46	53	55	61	61
Operating Profit	3	4	3	5	5	7	10	11	12	17	20	22	20
OPM %	10%	13%	14%	14%	16%	17%	19%	20%	21%	24%	27%	27%	25%
Other Income +	0	0	0	0	0	0	1	0	0	0	1	0	0
Interest	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	1	1	1	1	1	1	1	1	1	1	1	1	1
Profit before tax	2	3	3	4	4	7	9	10	11	16	20	21	19
Tax %	25%	24%	28%	26%	25%	25%	26%	25%	24%	26%	26%	26%	25%
Net Profit +	2	2	2	3	3	5	7	7	9	12	15	16	14
EPS in Rs	1.28	1.84	1.58	2.42	2.73	4.28	5.92	6.18	7.40	9.88	12.49	13.31	12.10

Financials of Frontier Springs Ltd

Annual income statement trend

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales +	37	35	39	47	59	83	100	77	84	107	135	231	310
Expenses +	32	32	35	41	50	70	79	64	71	95	114	181	230
Operating Profit	4	3	4	6	8	13	20	13	12	13	21	50	80
OPM %	12%	8%	10%	12%	14%	16%	20%	17%	15%	12%	16%	22%	26%
Other Income +	0	0	0	0	0	1	1	1	1	1	1	1	1
Interest	1	1	2	2	1	1	1	0	0	0	1	1	0
Depreciation	1	1	1	2	2	2	2	3	3	3	4	4	4
Profit before tax	2	1	1	2	5	10	18	11	10	10	17	46	76
Tax %	25%	29%	49%	8%	35%	18%	20%	26%	25%	26%	26%	25%
Net Profit +	2	0	1	2	4	8	14	8	8	7	13	35	56
EPS in Rs	1.43	0.35	0.43	1.81	3.02	7.12	11.88	6.61	6.36	6.14	11.01	29.37	47.78
Dividend Payout %	0%	0%	0%	0%	0%	5%	3%	0%	5%	5%	5%	2%

Financials of Frontier Springs Ltd

Capital structure and asset base

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	4	4	4	4	4	4	4	4	4	4	4	4	4
Reserves	19	20	20	22	26	34	47	56	63	71	85	120	151
Borrowings +	11	10	13	14	12	9	9	4	3	5	4	6	7
Other Liabilities +	11	12	16	15	17	21	18	20	22	31	30	39	20
Total Liabilities	44	46	52	55	59	68	78	83	92	110	123	169	182
Fixed Assets +	16	16	23	27	29	30	33	34	37	42	45	56	63
CWIP	4	6	1	1	0	0	1	0	1	1	2	1	0
Investments	0	0	0	0	2	3	5	8	13	15	18	25	30
Other Assets +	24	24	29	28	29	35	39	41	42	52	59	87	89
Total Assets	44	46	52	55	59	68	78	83	92	110	123	169	182

Financials of Frontier Springs Ltd

Operating, investing and financing cash movement

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	1	5	1	6	7	9	10	11	10	10	12	22
Cash from Investing Activity +	-5	-3	-3	-6	-4	-4	-8	-5	-10	-10	-10	-20
Cash from Financing Activity +	4	-2	2	-0	-3	-5	-1	-6	-1	1	-2	1
Net Cash Flow	0	0	0	0	-1	0	1	0	-1	0	0	3
Free Cash Flow	-4	2	-2	0	3	6	3	9	4	1	4	8
CFO/OP	29%	189%	38%	123%	94%	84%	64%	107%	104%	94%	75%	67%

Financials of Frontier Springs Ltd

Working capital efficiency and return ratios

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	102	81	96	58	63	50	58	83	74	55	60	61
Inventory Days	223	265	281	265	206	186	147	214	215	211	169	126
Days Payable	146	190	220	199	179	165	117	175	150	170	118	94
Cash Conversion Cycle	180	156	156	124	90	71	87	121	139	97	111	92
Working Capital Days	59	51	49	23	30	32	53	76	75	60	69	64
ROCE %	11%	5%	8%	11%	17%	26%	35%	18%	15%	13%	21%	42%