Frontier Springs Limited reported a 76.88% increase in net profit for the financial year ended March 31, 2026, to ₹61.31 crore, compared to ₹34.66 crore in the previous year. Revenue from operations for the year grew 39.22% to ₹322.06 crore from ₹231.34 crore in FY25. The company delivered a strong performance with an EBITDA of ₹86.31 crore, up 73.80% year-on-year, while EBITDA margin expanded to 26.80%.

For the quarter ended March 31, 2026, the company recorded a net profit of ₹16.59 crore, a rise of 42.22% from ₹11.66 crore in the corresponding quarter of the previous year. Revenue from operations for Q4FY26 stood at ₹82.54 crore, compared to ₹70.08 crore in Q4FY25. EBITDA for the quarter increased 40.54% to ₹23.54 crore.

Financial Performance

The company's total expenses for FY26 amounted to ₹236.88 crore, compared to ₹182.66 crore in the previous year. Profit before tax for the year was ₹82.25 crore, a significant increase from ₹46.41 crore in FY25. The following table summarises the full-year and quarterly financial performance:

Management Commentary

Kapil Bhatia, Managing Director, stated that the company surpassed its annual gross sales target of approximately ₹375 crores for FY26. He noted that while raw material costs increased, favourable vendor terms and high-value tenders helped offset margin pressure. Frontier Springs has entered FY27 with an order book of over ₹370 crores and maintained its guidance of ₹500 crores in gross revenues for the year. The company has earmarked a capex of ₹15–20 crores to enhance capacity. Additionally, orders for the 6-tonne hammer have commenced, and forging components for Vande Bharat trains have been approved.

Operational Outlook

The company is targeting a gross revenue of ₹500 crores in FY27, representing growth of over 30% from FY26 levels. Management highlighted that the Indian Railways capital outlay of ₹2.65 lakh crore for FY26 positions Frontier Springs as a direct beneficiary. The company is focusing on scaling its forging vertical and air spring segment. The Failure Indication and Brake Application (FIBA) system has received basic approval from RDSO, with trials expected to last six months. Commercial production for FIBA is anticipated to contribute ₹20-25 crores to revenue from FY27-28. The company is also exploring export opportunities for its forging division.

Frontier Springs Limited has made available the audio recording of its Q4 FY26 earnings conference call held on June 3, 2026. The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The recording provides access to the management's discussion on the company's operational and financial highlights for the quarter and financial year. Investors can review the insights shared during the session to understand the performance metrics and future outlook.

Access Details

The audio file is hosted online and can be accessed through the following link:

https://researchbytes-my.sharepoint.com/:u:/p/rupali_z/IQAknCqg4JGoSrRFgmrWOIEAaxNGW07qEvzVDBSvns7sRU?nav=eyJyZWZlcnJhbEluZm8iOnsicmVmZXJyYWxBcHAIoiJPbmVEcmI2ZUZvcjJ1c2luZXNzIiwicmVmZXJyYWxBcHBQbGF0Zm9yYySI6IldiYlsInJlZmVycmFsTW9kZSI6InZpZXciLCJyZWZlcnJhbFZpZXciOiJNeUZpbGVzTGlua0NvcHkiX0&e=959kDw

Management Participants

The conference call featured key executives from Frontier Springs Limited :

For further information, participants may contact Mr. Dhruv Bhasin, Company Secretary & Compliance Officer at Frontier Springs Limited.