Frontier Springs Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 4, 2025, 11:14 pm

Market Cap	776 Cr.
Current Price	1,969
High / Low	2,644/1,112
Stock P/E	27.7
Book Value	267
Dividend Yield	0.08 %
ROCE	20.5 %
ROE	15.5 %
Face Value	10.0
PEG Ratio	0.95

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Frontier Springs Ltd

Competitors of Frontier Springs Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Frontier Springs Ltd	776 Cr.	1,969	2,644/1,112	27.7	267	0.08 %	20.5 %	15.5 %	10.0
Auto Pins (India) Ltd	57.1 Cr.	100	223/100	439	14.7	0.00 %	22.0 %	13.3 %	10.0
Remsons Industries Ltd	433 Cr.	124	235/103	41.1	30.7	0.24 %	13.6 %	12.3 %	2.00
Jamna Auto Industries Ltd	2,991 Cr.	75.0	150/68.5	16.2	23.5	3.20 %	30.7 %	24.5 %	1.00
Industry Average	1,400.00 Cr	567.00		131.00	83.98	0.88%	21.70%	16.40%	5.75

All Competitor Stocks of Frontier Springs Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	20.12	22.16	23.67	26.77	27.76	29.15	25.49	32.75	33.02	44.14	50.75	52.24	58.27
Expenses	17.43	18.89	20.27	23.92	25.07	25.46	22.01	28.03	27.86	36.72	40.99	41.55	45.80
Operating Profit	2.69	3.27	3.40	2.85	2.69	3.69	3.48	4.72	5.16	7.42	9.76	10.69	12.47
OPM %	13.37%	14.76%	14.36%	10.65%	9.69%	12.66%	13.65%	14.41%	15.63%	16.81%	19.23%	20.46%	21.40%
Other Income	0.17	0.17	0.14	0.14	0.14	0.21	0.05	0.05	0.05	0.46	0.66	0.13	0.06
Interest	0.05	0.06	0.07	0.10	0.08	0.06	0.06	0.04	0.04	0.06	0.05	0.05	0.06
Depreciation	0.67	0.88	0.73	0.73	0.74	0.97	0.88	0.90	0.86	1.08	0.95	1.02	1.01
Profit before tax	2.14	2.50	2.74	2.16	2.01	2.87	2.59	3.83	4.31	6.74	9.42	9.75	11.46
Tax %	22.43%	24.00%	28.47%	25.46%	25.37%	24.39%	28.19%	25.59%	25.06%	25.07%	25.80%	25.23%	23.82%
Net Profit	1.66	1.90	1.96	1.60	1.51	2.17	1.86	2.85	3.22	5.05	6.98	7.29	8.73
EPS in Rs	4.21	4.82	4.98	4.06	3.83	5.51	4.72	7.24	8.18	12.82	17.72	18.51	22.17

Last Updated: March 4, 2025, 12:17 pm

Below is a detailed analysis of the quarterly data for Frontier Springs Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹58.27 Cr.. The value appears strong and on an upward trend. It has increased from 52.24 Cr. (Sep 2024) to ₹58.27 Cr., marking an increase of 6.03 Cr..
For Expenses, as of Dec 2024, the value is ₹45.80 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 41.55 Cr. (Sep 2024) to ₹45.80 Cr., marking an increase of 4.25 Cr..
For Operating Profit, as of Dec 2024, the value is ₹12.47 Cr.. The value appears strong and on an upward trend. It has increased from 10.69 Cr. (Sep 2024) to ₹12.47 Cr., marking an increase of 1.78 Cr..
For OPM %, as of Dec 2024, the value is 21.40%. The value appears strong and on an upward trend. It has increased from 20.46% (Sep 2024) to 21.40%, marking an increase of 0.94%.
For Other Income, as of Dec 2024, the value is ₹0.06 Cr.. The value appears to be declining and may need further review. It has decreased from 0.13 Cr. (Sep 2024) to ₹0.06 Cr., marking a decrease of 0.07 Cr..
For Interest, as of Dec 2024, the value is ₹0.06 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.05 Cr. (Sep 2024) to ₹0.06 Cr., marking an increase of 0.01 Cr..
For Depreciation, as of Dec 2024, the value is ₹1.01 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1.02 Cr. (Sep 2024) to ₹1.01 Cr., marking a decrease of 0.01 Cr..
For Profit before tax, as of Dec 2024, the value is ₹11.46 Cr.. The value appears strong and on an upward trend. It has increased from 9.75 Cr. (Sep 2024) to ₹11.46 Cr., marking an increase of 1.71 Cr..
For Tax %, as of Dec 2024, the value is 23.82%. The value appears to be improving (decreasing) as expected. It has decreased from 25.23% (Sep 2024) to 23.82%, marking a decrease of 1.41%.
For Net Profit, as of Dec 2024, the value is ₹8.73 Cr.. The value appears strong and on an upward trend. It has increased from 7.29 Cr. (Sep 2024) to ₹8.73 Cr., marking an increase of 1.44 Cr..
For EPS in Rs, as of Dec 2024, the value is 22.17. The value appears strong and on an upward trend. It has increased from 18.51 (Sep 2024) to 22.17, marking an increase of 3.66.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 4:00 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	38	37	35	39	47	59	83	100	77	84	107	135	205
Expenses	33	32	32	35	41	50	70	79	64	71	94	114	165
Operating Profit	5	4	3	4	6	8	13	20	13	12	13	21	40
OPM %	13%	12%	8%	10%	12%	14%	16%	20%	17%	15%	12%	16%	20%
Other Income	0	0	0	0	0	0	1	1	1	1	1	1	1
Interest	1	1	1	2	2	1	1	1	0	0	1	1	0
Depreciation	1	1	1	1	2	2	2	2	3	3	3	4	4
Profit before tax	3	2	1	1	2	5	10	18	11	10	10	17	37
Tax %	26%	25%	29%	49%	8%	35%	18%	20%	26%	25%	26%	26%
Net Profit	2	2	0	1	2	4	8	14	8	8	7	13	28
EPS in Rs	5.08	4.29	1.04	1.29	5.43	9.04	21.33	35.60	19.80	19.07	18.38	32.98	71.22
Dividend Payout %	0%	0%	0%	0%	0%	0%	5%	3%	0%	5%	5%	5%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	0.00%	-100.00%	100.00%	100.00%	100.00%	75.00%	-42.86%	0.00%	-12.50%	85.71%
Change in YoY Net Profit Growth (%)	0.00%	-100.00%	200.00%	0.00%	0.00%	-25.00%	-117.86%	42.86%	-12.50%	98.21%

Frontier Springs Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	14%
5 Years:	10%
3 Years:	21%
TTM:	71%

Compounded Profit Growth
10 Years:	22%
5 Years:	9%
3 Years:	18%
TTM:	178%

Stock Price CAGR
10 Years:	54%
5 Years:	60%
3 Years:	82%
1 Year:	60%

Return on Equity
10 Years:	14%
5 Years:	16%
3 Years:	13%
Last Year:	16%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 1:41 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	4	4	4	4	4	4	4	4	4	4	4	4	4
Reserves	17	19	20	20	22	26	34	47	56	63	71	85	101
Borrowings	6	11	10	13	14	12	9	9	4	3	5	4	3
Other Liabilities	9	11	12	16	15	17	21	18	20	22	31	30	32
Total Liabilities	37	44	46	52	55	59	68	78	83	92	110	123	140
Fixed Assets	16	16	16	23	27	29	30	33	34	37	42	45	49
CWIP	0	4	6	1	1	0	0	1	0	1	1	2	4
Investments	0	0	0	0	0	2	3	5	8	13	15	18	22
Other Assets	20	24	24	29	28	29	35	39	41	42	52	59	65
Total Assets	37	44	46	52	55	59	68	78	83	92	110	123	140

Below is a detailed analysis of the balance sheet data for Frontier Springs Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹4.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 4.00 Cr..
For Reserves, as of Sep 2024, the value is ₹101.00 Cr.. The value appears strong and on an upward trend. It has increased from 85.00 Cr. (Mar 2024) to ₹101.00 Cr., marking an increase of 16.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹3.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 4.00 Cr. (Mar 2024) to ₹3.00 Cr., marking a decrease of 1.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹32.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 30.00 Cr. (Mar 2024) to ₹32.00 Cr., marking an increase of 2.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹140.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 123.00 Cr. (Mar 2024) to ₹140.00 Cr., marking an increase of 17.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹49.00 Cr.. The value appears strong and on an upward trend. It has increased from 45.00 Cr. (Mar 2024) to ₹49.00 Cr., marking an increase of 4.00 Cr..
For CWIP, as of Sep 2024, the value is ₹4.00 Cr.. The value appears strong and on an upward trend. It has increased from 2.00 Cr. (Mar 2024) to ₹4.00 Cr., marking an increase of 2.00 Cr..
For Investments, as of Sep 2024, the value is ₹22.00 Cr.. The value appears strong and on an upward trend. It has increased from 18.00 Cr. (Mar 2024) to ₹22.00 Cr., marking an increase of 4.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹65.00 Cr.. The value appears strong and on an upward trend. It has increased from 59.00 Cr. (Mar 2024) to ₹65.00 Cr., marking an increase of 6.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹140.00 Cr.. The value appears strong and on an upward trend. It has increased from 123.00 Cr. (Mar 2024) to ₹140.00 Cr., marking an increase of 17.00 Cr..

Notably, the Reserves (101.00 Cr.) exceed the Borrowings (3.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	3	1	5	1	6	7	9	10	11	10	10	12
Cash from Investing Activity +	-2	-5	-3	-3	-6	-4	-4	-8	-5	-10	-10	-10
Cash from Financing Activity +	-1	4	-2	2	-0	-3	-5	-1	-6	-1	1	-2
Net Cash Flow	-0	0	0	0	0	-1	0	1	0	-1	0	0

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-1.00	-7.00	-7.00	-9.00	-8.00	-4.00	4.00	11.00	9.00	9.00	8.00	17.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	70	102	81	96	58	63	50	58	83	74	55	60
Inventory Days	183	223	265	281	265	206	186	147	214	215	211	169
Days Payable	121	146	190	220	199	179	165	117	175	150	170	118
Cash Conversion Cycle	132	180	156	156	124	90	71	87	121	139	97	111
Working Capital Days	95	131	109	115	82	70	59	73	87	85	71	76
ROCE %	15%	11%	5%	8%	11%	17%	26%	35%	18%	15%	14%	21%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	51.76%	51.76%	51.76%	51.76%	51.76%	51.76%	51.76%	51.76%	51.76%	51.76%	51.76%	51.76%
Public	48.24%	48.24%	48.24%	48.24%	48.24%	48.23%	48.24%	48.22%	48.25%	48.24%	48.23%	48.25%
No. of Shareholders	6,049	5,901	5,847	5,862	5,736	5,817	5,879	5,900	6,514	7,447	8,061	8,515

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	38.63	19.41	21.02	20.88	35.62
Diluted EPS (Rs.)	38.63	19.41	21.02	20.88	35.62
Cash EPS (Rs.)	42.13	26.35	26.16	26.40	41.47
Book Value[Excl.RevalReserv]/Share (Rs.)	225.34	188.44	170.15	150.26	129.51
Book Value[Incl.RevalReserv]/Share (Rs.)	225.34	188.44	170.15	150.26	129.51
Dividend / Share (Rs.)	1.50	1.00	1.00	1.00	1.10
Revenue From Operations / Share (Rs.)	341.68	270.88	211.08	194.20	252.00
PBDIT / Share (Rs.)	53.95	33.58	33.33	34.57	51.99
PBIT / Share (Rs.)	44.58	25.50	26.13	27.84	45.95
PBT / Share (Rs.)	44.08	24.66	25.42	26.59	44.31
Net Profit / Share (Rs.)	32.77	18.27	18.96	19.67	35.43
PBDIT Margin (%)	15.78	12.39	15.79	17.80	20.63
PBIT Margin (%)	13.04	9.41	12.38	14.33	18.23
PBT Margin (%)	12.90	9.10	12.04	13.69	17.58
Net Profit Margin (%)	9.58	6.74	8.98	10.12	14.05
Return on Networth / Equity (%)	14.54	9.69	11.14	13.09	27.35
Return on Capital Employeed (%)	18.86	12.81	14.52	16.74	31.90
Return On Assets (%)	10.52	6.58	8.13	9.34	18.01
Long Term Debt / Equity (X)	0.01	0.01	0.01	0.06	0.06
Total Debt / Equity (X)	0.04	0.06	0.04	0.06	0.17
Asset Turnover Ratio (%)	1.16	1.06	0.95	0.95	1.37
Current Ratio (X)	1.94	1.63	1.91	2.29	1.82
Quick Ratio (X)	0.89	0.65	0.92	1.30	1.04
Inventory Turnover Ratio (X)	2.15	2.20	2.02	1.68	2.41
Dividend Payout Ratio (NP) (%)	4.54	5.44	5.24	0.00	3.08
Dividend Payout Ratio (CP) (%)	3.53	3.77	3.79	0.00	2.63
Earning Retention Ratio (%)	95.46	94.56	94.76	0.00	96.92
Cash Earning Retention Ratio (%)	96.47	96.23	96.21	0.00	97.37
Interest Coverage Ratio (X)	107.07	39.81	46.98	27.71	31.74
Interest Coverage Ratio (Post Tax) (X)	66.03	22.66	27.72	16.77	22.63
Enterprise Value (Cr.)	465.25	144.34	109.54	105.57	76.09
EV / Net Operating Revenue (X)	3.44	1.34	1.31	1.37	0.76
EV / EBITDA (X)	21.76	10.85	8.29	7.71	3.69
MarketCap / Net Operating Revenue (X)	3.43	1.32	1.29	1.36	0.69
Retention Ratios (%)	95.45	94.55	94.75	0.00	96.91
Price / BV (X)	5.19	1.90	1.60	1.76	1.36
Price / Net Operating Revenue (X)	3.43	1.32	1.29	1.36	0.69
EarningsYield	0.02	0.05	0.06	0.07	0.20

After reviewing the key financial ratios for Frontier Springs Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 38.63. This value is within the healthy range. It has increased from 19.41 (Mar 23) to 38.63, marking an increase of 19.22.
For Diluted EPS (Rs.), as of Mar 24, the value is 38.63. This value is within the healthy range. It has increased from 19.41 (Mar 23) to 38.63, marking an increase of 19.22.
For Cash EPS (Rs.), as of Mar 24, the value is 42.13. This value is within the healthy range. It has increased from 26.35 (Mar 23) to 42.13, marking an increase of 15.78.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 225.34. It has increased from 188.44 (Mar 23) to 225.34, marking an increase of 36.90.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 225.34. It has increased from 188.44 (Mar 23) to 225.34, marking an increase of 36.90.
For Dividend / Share (Rs.), as of Mar 24, the value is 1.50. This value is within the healthy range. It has increased from 1.00 (Mar 23) to 1.50, marking an increase of 0.50.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 341.68. It has increased from 270.88 (Mar 23) to 341.68, marking an increase of 70.80.
For PBDIT / Share (Rs.), as of Mar 24, the value is 53.95. This value is within the healthy range. It has increased from 33.58 (Mar 23) to 53.95, marking an increase of 20.37.
For PBIT / Share (Rs.), as of Mar 24, the value is 44.58. This value is within the healthy range. It has increased from 25.50 (Mar 23) to 44.58, marking an increase of 19.08.
For PBT / Share (Rs.), as of Mar 24, the value is 44.08. This value is within the healthy range. It has increased from 24.66 (Mar 23) to 44.08, marking an increase of 19.42.
For Net Profit / Share (Rs.), as of Mar 24, the value is 32.77. This value is within the healthy range. It has increased from 18.27 (Mar 23) to 32.77, marking an increase of 14.50.
For PBDIT Margin (%), as of Mar 24, the value is 15.78. This value is within the healthy range. It has increased from 12.39 (Mar 23) to 15.78, marking an increase of 3.39.
For PBIT Margin (%), as of Mar 24, the value is 13.04. This value is within the healthy range. It has increased from 9.41 (Mar 23) to 13.04, marking an increase of 3.63.
For PBT Margin (%), as of Mar 24, the value is 12.90. This value is within the healthy range. It has increased from 9.10 (Mar 23) to 12.90, marking an increase of 3.80.
For Net Profit Margin (%), as of Mar 24, the value is 9.58. This value is within the healthy range. It has increased from 6.74 (Mar 23) to 9.58, marking an increase of 2.84.
For Return on Networth / Equity (%), as of Mar 24, the value is 14.54. This value is below the healthy minimum of 15. It has increased from 9.69 (Mar 23) to 14.54, marking an increase of 4.85.
For Return on Capital Employeed (%), as of Mar 24, the value is 18.86. This value is within the healthy range. It has increased from 12.81 (Mar 23) to 18.86, marking an increase of 6.05.
For Return On Assets (%), as of Mar 24, the value is 10.52. This value is within the healthy range. It has increased from 6.58 (Mar 23) to 10.52, marking an increase of 3.94.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.01. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 23) which recorded 0.01.
For Total Debt / Equity (X), as of Mar 24, the value is 0.04. This value is within the healthy range. It has decreased from 0.06 (Mar 23) to 0.04, marking a decrease of 0.02.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.16. It has increased from 1.06 (Mar 23) to 1.16, marking an increase of 0.10.
For Current Ratio (X), as of Mar 24, the value is 1.94. This value is within the healthy range. It has increased from 1.63 (Mar 23) to 1.94, marking an increase of 0.31.
For Quick Ratio (X), as of Mar 24, the value is 0.89. This value is below the healthy minimum of 1. It has increased from 0.65 (Mar 23) to 0.89, marking an increase of 0.24.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 2.15. This value is below the healthy minimum of 4. It has decreased from 2.20 (Mar 23) to 2.15, marking a decrease of 0.05.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 4.54. This value is below the healthy minimum of 20. It has decreased from 5.44 (Mar 23) to 4.54, marking a decrease of 0.90.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 3.53. This value is below the healthy minimum of 20. It has decreased from 3.77 (Mar 23) to 3.53, marking a decrease of 0.24.
For Earning Retention Ratio (%), as of Mar 24, the value is 95.46. This value exceeds the healthy maximum of 70. It has increased from 94.56 (Mar 23) to 95.46, marking an increase of 0.90.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 96.47. This value exceeds the healthy maximum of 70. It has increased from 96.23 (Mar 23) to 96.47, marking an increase of 0.24.
For Interest Coverage Ratio (X), as of Mar 24, the value is 107.07. This value is within the healthy range. It has increased from 39.81 (Mar 23) to 107.07, marking an increase of 67.26.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 66.03. This value is within the healthy range. It has increased from 22.66 (Mar 23) to 66.03, marking an increase of 43.37.
For Enterprise Value (Cr.), as of Mar 24, the value is 465.25. It has increased from 144.34 (Mar 23) to 465.25, marking an increase of 320.91.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 3.44. This value exceeds the healthy maximum of 3. It has increased from 1.34 (Mar 23) to 3.44, marking an increase of 2.10.
For EV / EBITDA (X), as of Mar 24, the value is 21.76. This value exceeds the healthy maximum of 15. It has increased from 10.85 (Mar 23) to 21.76, marking an increase of 10.91.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 3.43. This value exceeds the healthy maximum of 3. It has increased from 1.32 (Mar 23) to 3.43, marking an increase of 2.11.
For Retention Ratios (%), as of Mar 24, the value is 95.45. This value exceeds the healthy maximum of 70. It has increased from 94.55 (Mar 23) to 95.45, marking an increase of 0.90.
For Price / BV (X), as of Mar 24, the value is 5.19. This value exceeds the healthy maximum of 3. It has increased from 1.90 (Mar 23) to 5.19, marking an increase of 3.29.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 3.43. This value exceeds the healthy maximum of 3. It has increased from 1.32 (Mar 23) to 3.43, marking an increase of 2.11.
For EarningsYield, as of Mar 24, the value is 0.02. This value is below the healthy minimum of 5. It has decreased from 0.05 (Mar 23) to 0.02, marking a decrease of 0.03.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Frontier Springs Ltd as of April 5, 2025 is: 917.83

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 5, 2025, Frontier Springs Ltd is Overvalued by 53.39% compared to the current share price 1,969.00

Intrinsic Value of Frontier Springs Ltd as of April 5, 2025 is: 1,185.63

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 5, 2025, Frontier Springs Ltd is Overvalued by 39.79% compared to the current share price 1,969.00

Last 5 Year EPS CAGR: 29.18%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 16.33%, which is a positive sign. The company has higher reserves (44.69 cr) compared to borrowings (7.92 cr), indicating strong financial stability. The company has shown consistent growth in sales (80.46 cr) and profit (9.77 cr) over the years.	The stock has a high average Working Capital Days of 87.75, which may not be favorable. The stock has a high average Cash Conversion Cycle of 122.00, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Frontier Springs Ltd:
1. Net Profit Margin: 9.58%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 18.86% (Industry Average ROCE: 21.7%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 14.54% (Industry Average ROE: 16.4%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 66.03
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.89
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 27.7 (Industry average Stock P/E: 131)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.04
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Frontier Springs Ltd. is a Public Limited Listed company incorporated on 24/02/1981 and has its registered office in the State of Uttar Pradesh, India. Company's Corporate Identification Number(CIN) is L17119UP1981PLC005212 and registration number is 005212. Currently Company is involved in the business activities of Casting of iron and steel. Company's Total Operating Revenue is Rs. 135.41 Cr. and Equity Capital is Rs. 3.96 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Auto Ancl - Susp. & Braking - Springs	Km 25/4, Kalpi Road, Kanpur Uttar Pradesh 209304	info@frontiersprings.co.in http://www.frontiersprings.co.in

Management
Name	Position Held
Mr. Kundan Lal Bhatia	Chairman & Managing Director
Mr. Kapil Bhatia	Managing Director
Mr. Neeraj Bhatia	WholeTime Director & CFO
Mrs. Mamta Bhatia	Whole Time Director
Mrs. Manju Bhatia	Whole Time Director
Mr. Yashpal	Independent Director
Mr. R K Bhatia	Independent Director
Mr. Nimesh Mukerji	Independent Director
Mr. K P Somkuwar	Independent Director
Mr. Sarabjit Singh	Independent Director

FAQ

What is the intrinsic value of Frontier Springs Ltd?

Frontier Springs Ltd's intrinsic value (as of 05 April 2025) is ₹917.83 — 53.39% lower the current market price of 1,969.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 776 Cr. market cap, FY2025-2026 high/low of ₹2,644/1,112, reserves of 101 Cr, and liabilities of 140 Cr.

What is the Market Cap of Frontier Springs Ltd?

The Market Cap of Frontier Springs Ltd is 776 Cr..

What is the current Stock Price of Frontier Springs Ltd as on 05 April 2025?

The current stock price of Frontier Springs Ltd as on 05 April 2025 is 1,969.

What is the High / Low of Frontier Springs Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Frontier Springs Ltd stocks is ₹2,644/1,112.

What is the Stock P/E of Frontier Springs Ltd?

The Stock P/E of Frontier Springs Ltd is 27.7.

What is the Book Value of Frontier Springs Ltd?

The Book Value of Frontier Springs Ltd is 267.

What is the Dividend Yield of Frontier Springs Ltd?

The Dividend Yield of Frontier Springs Ltd is 0.08 %.

What is the ROCE of Frontier Springs Ltd?

The ROCE of Frontier Springs Ltd is 20.5 %.

What is the ROE of Frontier Springs Ltd?

The ROE of Frontier Springs Ltd is 15.5 %.

What is the Face Value of Frontier Springs Ltd?

The Face Value of Frontier Springs Ltd is 10.0.