| Metric | Value (₹ Cr) | Q4 FY26 | Q1 FY26 |
|---|---|---|---|
| Revenue | 78.46 | 5.0% | 4.1% |
| Total Income | 78.58 | 5.1% | 3.5% |
| Expenditure | 60.53 | 0.3% | 8.0% |
| PBT | 18.05 | 18.3% | 9.4% |
| Net Profit | 12.01 | 27.6% | 18.5% |
| OPM | 24.52% | 3.99pp | 2.59pp |
| NPM | 15.29% | 4.73pp | 4.12pp |
| EPS | 10.17 | 27.6% | 74.6% |
Revenue grew a tepid 4.1% YoY but adjusted PAT fell 18.5% on clear margin compression (OPM 27.1%→24.5%, NPM 19.4%→15.3%), a below-par quarter for an auto-ancillary name.
Frontier Springs Q1FY27 Revenue ₹78.46 Cr, PAT ₹12.01 Cr
12 Aug 2026 · 12 Aug, 10:40 pm
Summary
Frontier Springs Limited announced its financial results for Q1FY27, reporting revenue from operations of ₹78.46 Cr, up 4.14% year-over-year. The company's EBITDA increased by 5.81% to ₹19.24 Cr, and Profit After Tax (PAT) saw a robust growth of 18.54% to ₹12.01 Cr. Management attributed the Q1 performance to temporary supply-side disruptions, which are now resolved, and expressed confidence in recovering deferred execution. Demand across verticals is firm, and the company has a strong order pipeline and expects softening raw material prices to support margins. The company reaffirmed its FY27 gross revenue guidance of ₹500 crores.
Key Highlights
- 1
Revenue from operations for Q1FY27 stood at ₹78.46 Cr, marking a 4.14% year-over-year increase.
- 2
EBITDA for the quarter was ₹19.24 Cr, an increase of 5.81% year-over-year.
- 3
Profit After Tax (PAT) for Q1FY27 was ₹12.01 Cr, showing a significant growth of 18.54% year-over-year.
- 4
Demand across all business verticals remained firm, with a strong order pipeline expected to drive recovery.
- 5
The company received RDSO approval as a developmental vendor for the Failure Indication and Brake Application (FIBA) system, paving the way for future commercial orders.
- 6
Management reiterated its FY27 gross revenue guidance of ₹500 crores, confident in recovering Q1 execution over the remainder of the year.
Management Comments
Kapil Bhatia
Our performance in Q1FY27 was below our usual run-rate, owing to supply-side disruptions that affected operations in the second half of the quarter. An acute constraint in the availability of industrial gas at our plant, arising from the ongoing geopolitical situation, combined with logistics-related delays in the procurement of air spring bellows, resulted in reduced capacity utilisation across our facilities during this period. These external factors together moderated our revenues and profitability in the quarter. We would like to reassure our stakeholders that both disruptions are now firmly behind us. Plant operations have fully normalised, our supply chains have been re-established, and we enter Q2FY27 with strengthened operating conditions. Demand across all our business verticals remained firm through the quarter, and we carry a strong order pipeline into the months ahead. The softening of raw material prices observed in recent months is also expected to support our margins and offset any cost pressure. We remain fully committed to our FY27 gross revenue guidance of ₹500 crores. The execution deferred in Q1 will be recovered over the balance of the year, and the demand visibility we have today supports our confidence in delivering on this guidance. Across our core segments, demand for coil springs and air springs continues to be steady, underpinned by sustained railway procurement. Our forging business is gaining momentum, with improving order inflows and strong orders from the railways for the 6- tonne hammer. A meaningful development this quarter has been our RDSO approval as a developmental vendor for the Failure Indication and Brake Application (FIBA) system. With this approval in place, we have commenced preparations for sample FIBA systems covering 25 coach sets, which will enter a twelve-month trial programme. Subject to successful trials, we expect commercial-scale orders to follow thereafter. The FIBA segment represents a compelling long-term opportunity for the Company. Backed by normalised operations, improving demand conditions across all verticals, and a clear roadmap for our newer product lines, we remain confident of sustaining our growth trajectory and delivering on our stated guidance for FY27.
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