Frontier Springs Limited is an India-based company, which is engaged in the production of hot coiled compression springs, air springs and forgings, essential components for wagons, carriages, and locomotives. The Company is a manufacturer of hot coiled springs supplying to Indian Railways, heavy engineering industries and original equipment manufacturers (OEMs) in India and abroad. It produces a range of coil springs with sizes ranging from 10 mm to 65 mm in wire thickness and up to 1,000 mm in height. It produces essential train parts like anti roll bar assemblies, screw couplings, draft gear assemblies, and BSS hangers. Its product offerings include air springs for LHB coaches, suspension coil springs for freight stock, suspension coil springs for coaching stock, suspension coil springs for diesel and electric locomotives, and TMCLH and VLH coil springs for the power sector. Its forging component products include brake block hanger, knuckle thrower, top follower, and wedge.
FRONTIER SPRINGS LTD. Financial Highlights
- Revenue: FRONTIER SPRINGS LTD. reported revenue of ₹36.34 crore in FY15 vs ₹38.20 crore in FY14. It showed a decrease of 4.87% on a yearly basis.
- Operating Profit: FRONTIER SPRINGS LTD. reported an operating profit of ₹0.56 crore in FY15 vs ₹2.26 crore in FY14. It showed a decrease of 75.22% on a year-on-year basis.
- Net Profit: FRONTIER SPRINGS LTD. reported a net profit of ₹0.41 crore in FY15 vs ₹1.69 crore in FY14. It showed a decrease of 75.74% on a yearly basis.
FRONTIER SPRINGS LTD. Quarterly Result Highlights
- FRONTIER SPRINGS LTD. reported revenue of ₹12.68 crore in Mar 2015, compared with ₹8.63 crore in Dec 2014, representing an increase of 46.93% on a quarter-on-quarter (QoQ) basis.
- FRONTIER SPRINGS LTD. reported an operating profit of ₹1.29 crore in Mar 2015, compared with ₹0.12 crore in Dec 2014, representing an increase of 1,175.00% on a quarter-on-quarter (QoQ) basis.
- FRONTIER SPRINGS LTD. reported a profit of ₹1.22 crore in Mar 2015, compared with ₹0.09 crore in Dec 2014, reflecting an increase of 1,455.56% on a QoQ basis.