2 Free Shares For Every 1! Frontier Springs Revises Bonus Issue Record Date; Are You Holding The Auto Stock?

Frontier Springs Limited has announced a revision in the record date for its much-anticipated bonus issue, bringing fresh attention to the stock among investors. In a regulatory filing to BSE Limited (Scrip Code: 522195), the company informed that the record date for determining eligible shareholders for the bonus equity shares has been shifted from March 6, 2026 to Friday, March 13, 2026, subject to members' approval.

Frontier Springs Bonus Shares Details

The company will issue bonus shares in the ratio of 2:1, meaning shareholders will receive two fully paid-up equity shares of face value Rs 10 each for every one existing fully paid-up equity share of Rs 10 each held as on the revised record date. As per the applicable SEBI regulations, the deemed date of allotment of these bonus shares will now be Monday, March 16, 2026, and the shares are expected to be available for trading from Tuesday, March 17, 2026.

Note for Shareholders holding equity shares in Physical Form

"New Bonus Shares shall be allotted in dematerialized form only and thus, all the eligible members of the Company holding equity shares in physical mode are hereby advised to dematerialize their physical share certificates by contacting their respective Depository Participant (DP) on or before the Record Date for receipt of bonus equity shares in their respective beneficiary accounts. In case, shares of the Company are held in physical form as on the Record Date, the bonus equity shares so entitled, shall be transferred to the Suspense Account opened by the Company in this regard," confirmed Frontier Springs in a BSE filing.

Frontier Springs Q3 Results

The company's revenue from operations stood at Rs 81.43 crore in Q3FY26, compared to Rs 58.27 crore in Q3FY25, reflecting a robust year-on-year growth of 39.75%. On a sequential basis, revenue witnessed a marginal decline of 1.58% from Rs 82.74 crore reported in Q2FY26.

Total income for Q3FY26 was Rs 81.51 crore, marking a 39.74% year-on-year increase compared to Rs 58.33 crore in Q3FY25. Total operating expenses rose to Rs 61.23 crore, up 33.54% year-on-year, while remaining largely stable quarter-on-quarter with a slight increase of 0.68%.

EBITDA stood at Rs 20.27 crore in Q3FY26, registering a strong 62.53% growth compared to Rs 12.47 crore in the corresponding quarter last year. However, EBITDA declined 8.16% sequentially from Rs 22.07 crore in Q2FY26. EBITDA margin came in at 24.90%, improving significantly by 349 basis points year-on-year from 21.41%, though it softened sequentially from 26.68%.

The company's Profit Before Tax (PBT) stood at Rs 19.15 crore, up 67.09% year-on-year but down 9.16% sequentially whereas Profit After Tax (PAT) came in at Rs 14.28 crore, delivering a strong 63.55% year-on-year growth over Rs 8.73 crore in Q3FY25, though lower than Rs 15.71 crore in Q2FY26.

The company's revenue from operations for the nine-month period (9MFY26) was Rs 239.52 crore, up 48.53% YoY from Rs 161.26 crore in 9MFY25. The total income climbed by 48.27% to Rs 240.36 crore. EBITDA margin jumped to 26.21% from 20.41%, while EBITDA surged 90.72% to Rs 62.77 crore. Profit After Tax improved 94.46% to Rs 44.73 crore from Rs 23.00 crore in the same nine-month period previous year, while Profit Before Tax nearly doubled to Rs 60.16 crore, climbing 96.43%.

Frontier Springs Target Price

"Frontier Springs stock price is bullish on the Daily charts with strong support at 4209. A Daily close above resistance of 4688 could lead to a target of 5495 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.

Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred to as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.