Frontline Corporation (BSE 532042)₹36.00+1.47%Road Transport
In the Mar 2026 quarter (standalone), Frontline Corporation reported sales of ₹33 Cr, up 16.0% from Mar 2025, and net profit of ₹0.82 Cr, down 5.7% year on year. For the year to Mar 2026, sales were ₹118 Cr and net profit ₹1.99 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 22.82 | 21.22 | 21.14 | 22.54 | 24.80 | 25.20 | 25.32 | 28.46 | 31.45 | 25.80 | 27.93 | 33.00 |
| Expenses | 22.87 | 21.00 | 21.08 | 23.08 | 24.49 | 24.67 | 24.65 | 28.22 | 30.77 | 25.29 | 27.47 | 32.41 |
| Operating Profit | 0.03 | 0.34 | 0.17 | −0.47 | 0.42 | 0.69 | 0.79 | 0.37 | 0.78 | 0.66 | 0.59 | 0.72 |
| OPM % | 0.1% | 1.5% | 0.8% | −2.1% | 1.7% | 2.7% | 3.1% | 1.3% | 2.5% | 2.5% | 2.1% | 2.1% |
| Other Income | 0.74 | 0.80 | 0.88 | 0.97 | 0.79 | 1.08 | 0.82 | 1.71 | 0.74 | 0.82 | 0.79 | 1.11 |
| Interest | 0.02 | 0.02 | 0.03 | 0.17 | 0.20 | 0.21 | 0.17 | 0.24 | 0.23 | 0.19 | 0.17 | 0.25 |
| Depreciation | 0.43 | 0.43 | 0.39 | 0.39 | 0.48 | 0.50 | 0.50 | 0.75 | 0.57 | 0.55 | 0.59 | 0.57 |
| Profit before tax | 0.33 | 0.70 | 0.64 | −0.07 | 0.54 | 1.07 | 0.93 | 1.08 | 0.75 | 0.73 | 0.61 | 1.02 |
| Tax % | 59.4% | 37.7% | 34.9% | −533.3% | 28.3% | 13.3% | 24.0% | 17.8% | 23.0% | 25.0% | 21.7% | 17.9% |
| Net Profit | 0.13 | 0.41 | 0.40 | 0.24 | 0.38 | 0.90 | 0.70 | 0.87 | 0.56 | 0.54 | 0.45 | 0.82 |
| EPS (Rs) | 0.29 | 0.85 | 0.83 | 0.51 | 0.79 | 1.83 | 1.43 | 1.77 | 1.15 | 1.11 | 0.93 | 1.67 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 37.93 | 42.95 | 43.93 | 46.93 | 47.94 | 58.90 | 71.90 | 76.93 | 87.91 | 104 | 118 | 118 |
| Expenses | 38.14 | 46.11 | 44.15 | 47.12 | 50.13 | 58.16 | 71.16 | 76.25 | 88.22 | 102 | 116 | 116 |
| Operating Profit | 0.00 | −1.99 | 0.00 | −1.01 | −2.01 | 1.01 | 0.00 | 0.99 | 0.00 | 2.01 | 3.01 | 2.75 |
| OPM % | 0.7% | −5.0% | −0.1% | −1.5% | −3.7% | 1.0% | 0.5% | 1.1% | 0.0% | 2.1% | 2.3% | 2.3% |
| Other Income | 1.01 | 10.03 | 4.01 | 3.01 | 3.01 | 3.01 | 4.01 | 4.01 | 3.01 | 4.01 | 3.01 | 3.46 |
| Interest | 5.01 | 4.99 | 1.01 | 0.99 | 1.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 1.01 | 0.84 |
| Depreciation | 1.01 | 1.01 | 1.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.28 |
| Profit before tax | −5.01 | 1.01 | 2.01 | −1.01 | −1.01 | 1.01 | 2.01 | 4.01 | 2.01 | 4.01 | 3.01 | 3.11 |
| Tax % | −18.0% | 33.0% | 17.1% | −35.0% | −16.0% | 12.1% | 21.0% | 23.1% | 22.0% | 19.0% | 22.0% | — |
| Exceptional items | 0.02 | 0.68 | 0.49 | 0.10 | 0.04 | 0.03 | 0.00 | 0.73 | 0.22 | 0.85 | 0.00 | — |
| Net Profit | −3.99 | 0.99 | 1.99 | 0.00 | −0.99 | 0.99 | 0.99 | 2.99 | 0.99 | 2.99 | 1.99 | 2.37 |
| EPS (Rs) | −8.53 | 1.71 | 3.85 | −0.67 | −1.99 | 2.31 | 2.91 | 5.43 | 2.45 | 5.79 | 4.83 | 4.86 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.01 | 5.01 | 5.01 | 5.01 | 5.00 | 5.01 | 5.00 | 5.01 | 5.01 | 5.00 | 5.00 | 5.01 |
| Reserves | 4.98 | 0.99 | 0.00 | 1.99 | 1.99 | 0.99 | 1.99 | 3.99 | 5.98 | 7.98 | 9.97 | 12.97 |
| Borrowings | 45.02 | 39.06 | 51.04 | 54.04 | 53.03 | 53.02 | 51.97 | 48.99 | 49.01 | 57.02 | 56.99 | 55.03 |
| Other Liabilities | 18.91 | 31.84 | 16.91 | 14.92 | 14.93 | 9.95 | 5.97 | 5.97 | 5.97 | 7.96 | 8.96 | 11.93 |
| Total Liabilities | 72.92 | 76.90 | 72.96 | 76.96 | 74.95 | 67.97 | 64.93 | 62.96 | 65.97 | 76.96 | 81.92 | 84.94 |
| Fixed Assets | 25.94 | 27.93 | 31.92 | 34.92 | 32.94 | 33.96 | 31.93 | 30.95 | 29.96 | 33.94 | 34.93 | 31.95 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 1.99 | 0.00 | 0.99 |
| Investments | 6.99 | 6.99 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 0.99 | 1.99 | 0.99 | 0.00 | 1.01 |
| Other Assets | 39.99 | 41.98 | 40.04 | 41.04 | 41.01 | 35.01 | 31.99 | 32.02 | 34.03 | 40.04 | 45.99 | 50.99 |
| Inventories | 11.31 | 12.59 | 9.50 | 8.66 | 9.28 | 6.73 | 4.22 | 5.08 | 6.88 | 8.77 | 10.54 | 12.74 |
| Trade receivables | 7.59 | 6.88 | 9.08 | 9.99 | 8.39 | 7.59 | 9.13 | 8.15 | 8.13 | 9.22 | 11.14 | 11.25 |
| Cash & equivalents | 0.74 | 0.69 | 0.50 | 0.68 | 0.53 | 1.05 | 1.30 | 0.89 | 0.81 | 0.97 | 1.54 | 1.12 |
| Total Assets | 72.92 | 76.90 | 72.96 | 76.96 | 74.95 | 67.97 | 64.93 | 62.96 | 65.97 | 76.96 | 81.92 | 84.94 |
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | — | −2.01 | 14.04 | 4.01 | 0.00 | 0.00 | 0.00 | 0.00 | 2.01 | −1.01 | −2.01 | 0.00 |
| Cash from investing activity | — | 0.00 | −1.99 | 0.99 | −1.99 | 0.99 | 1.99 | 1.99 | 0.00 | 0.99 | −4.99 | 0.99 |
| Cash from financing activity | — | 1.99 | −11.99 | −5.01 | 2.99 | −1.01 | −1.01 | −1.99 | −2.99 | 0.00 | 7.99 | −1.01 |
| Net cash flow | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 |
| Capex | 0.16 | 0.26 | 3.28 | 0.28 | 4.10 | 0.28 | 2.24 | 0.46 | 0.69 | 1.29 | 7.48 | 1.16 |
| Free cash flow | — | −2.01 | 11.01 | 4.01 | −4.01 | 0.00 | −2.01 | 0.00 | 2.01 | −1.01 | −10.01 | 0.00 |
| CFO / OP % | — | −146.0% | 5,544.0% | −170.0% | −733.1% | −129.0% | −33.1% | 81.0% | 756.0% | 53.9% | −5,567.0% | 31.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 75 | 67 | 78 | 83 | 67 | 58 | 58 | 43 | 40 | 39 | 40 | 36 |
| Inventory days | 212 | 207 | 129 | 140 | 141 | 87 | 39 | 34 | 46 | 47 | 52 | 58 |
| Days payable | 200 | 64 | 203 | 216 | 192 | 100 | 38 | 24 | 24 | 28 | 32 | 37 |
| Cash conversion cycle | 86 | 209 | 4 | 7 | 16 | 45 | 59 | 53 | 61 | 59 | 60 | 56 |
| Working capital days | −366 | −349 | −274 | −247 | −238 | −253 | −205 | −162 | −148 | −137 | −109 | −90 |
| ROCE % | 5.0% | 0.0% | 11.0% | 4.0% | 0.0% | −1.0% | 3.0% | 4.0% | 4.0% | 2.0% | 5.0% | 5.0% |
For the Mar 2026 quarter, Frontline Corporation reported sales of ₹33 Cr, up 16.0% year on year and net profit of ₹0.82 Cr, down 5.7% year on year. The operating margin was 2.1%.
Frontline Corporation's sales for the year to Mar 2026 were ₹118 Cr; over the last twelve months they were ₹118 Cr.
Net profit for the year to Mar 2026 was ₹1.99 Cr, and ₹2.37 Cr over the last twelve months. Earnings per share over the same trailing period were ₹4.86.
Frontline Corporation reported borrowings of ₹55.03 Cr at Mar 2026, against cash and equivalents of ₹1.12 Cr.
Cash from operations was ₹0 Cr in the year to Mar 2025; after capital spending, free cash flow was ₹0 Cr.