Frontier Springs MD, chairman, board of directors and AGM
NSE: FRONTSPBSE: 522195Auto ComponentsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹1,252.30.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,533 Cr1,228th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 12 Aug 2026
- 26.2
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 28 May 2026
- 8.4
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.05%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 12 Aug 2026
- 38.1%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 12 Aug 2026
- 41.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 28 May 2026
- 0.06
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 41,14127.7% delivered
Frontier Springs board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorKUNDAN LAL BHATIA
- Managing directorKAPIL BHATIA
- Company Secretary and Compliance OfficerDhruv Singh
10 directors5 independent5 executive
- KUNDAN LAL BHATIA · Chairperson and managing directorExecutive · joined Feb 1981 · reappointed Apr 2025 · 1 listed board
- KAPIL BHATIA · Managing directorExecutive · joined Jan 1994 · reappointed Jan 2025 · 1 listed board
- NEERAJ BHATIAExecutive · joined Apr 1991 · reappointed Apr 2025 · 1 listed board
- MANJU BHATIAExecutive · joined Nov 2013 · reappointed Nov 2023 · 1 listed board
- MAMTA BHATIAExecutive · joined May 2014 · reappointed May 2024 · 1 listed board
- SARABJIT SINGHIndependent · joined Nov 2016 · reappointed Nov 2021 · 115 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- KESHAO PARNUJI SOMKUWARIndependent · joined Feb 2020 · reappointed Feb 2025 · 76 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- SUDHANSHU MANIIndependent · joined Aug 2024 · 22 months as independent · 1 listed board · 1 as independent · 2 committee seats
- SURENDRA KUMAR PREMNARAYAN GUPTAIndependent · joined Sep 2024 · 21 months as independent · 1 listed board · 1 as independent · 2 committee seats
- SUSHIL KUMAR LUTHRAIndependent · joined May 2026 · 1 month as independent · 1 listed board · 1 as independent · 2 committee seats
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- NIMESH MUKERJI, left 14 Apr 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 28 May 20269 of 10 present4 independent · 104 days in between
- 12 Feb 202610 of 10 present5 independent · 20 days in between
- 22 Jan 202610 of 10 present5 independent
Audit Committee
Chair SARABJIT SINGH
KESHAO PARNUJI SOMKUWAR, SUDHANSHU MANI, SURENDRA KUMAR PREMNARAYAN GUPTA, SUSHIL KUMAR LUTHRA
- 28 May 20263 of 4 present3 independent · 104 days in between
- 12 Feb 20265 of 5 present5 independent
Nomination and remuneration committee
Chair KESHAO PARNUJI SOMKUWAR
SARABJIT SINGH, SUDHANSHU MANI, SURENDRA KUMAR PREMNARAYAN GUPTA, SUSHIL KUMAR LUTHRA
- 28 May 20263 of 4 present3 independent · 104 days in between
- 12 Feb 20265 of 5 present5 independent
Stakeholders Relationship Committee
Chair KESHAO PARNUJI SOMKUWAR
SARABJIT SINGH, SUDHANSHU MANI, SURENDRA KUMAR PREMNARAYAN GUPTA, SUSHIL KUMAR LUTHRA
- 28 May 20264 of 5 present4 independent · 104 days in between
- 12 Feb 20265 of 5 present5 independent
Corporate Social Responsibility Committee
Chair KUNDAN LAL BHATIA
NEERAJ BHATIA, SARABJIT SINGH, SUDHANSHU MANI
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- SANJAY NANDINI & Co.Peer-review certificate valid to Dec 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Frontier Springs AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Frontier Springs dividend history
Annual general meeting, 22 Sep 2026
19,721 shareholders on the register on 15 Sep 2026; present: 8 promoters and 31 others; votes counted by S.K. Gupta / S.K. Gupta & Co..The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2026 together with the Reports of the Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 53.91% · promoters 93.45% · other public 11.49%
- To declare dividend of ? 0.70 per share on Equity Shares of face value of ? 10/- each for the financial year ended 31st March, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 53.91% · promoters 93.45% · other public 11.49%
- To appoint a director in place of Shri Neeraj Bhatia (DIN: 00582395) who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.98% for0.02% against
Against: promoters 0.00% · other public 0.15%
Turnout: all 53.91% · promoters 93.45% · other public 11.49%
- To ratify the remuneration of the Cost Auditors in respect of Company's product 'Steel', for the financial year ending 31st March, 2027Ordinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 53.91% · promoters 93.45% · other public 11.49%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 26 Aug 2026, 1 resolution
19,199 shareholders on the register on 24 Jul 2026; votes counted by S. K. Gupta / M/s. S. K. Gupta & Co.The company's voting result (opens in a new tab)
- To appoint Shri Sushil Kumar Luthra (DIN: 08483203), as an Independent Director of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 52.35% · promoters 91.01% · institutions 0.00% · other public 10.86%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.