Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

Frontline Corp

₹39.4 1.8 | 4.8%

Market Cap ₹20 Cr.

Stock P/E 10.1

P/B 1.6

Current Price ₹39.4

Book Value ₹ 24.7

Face Value 10

52W High ₹54.9

Dividend Yield 0%

52W Low ₹ 26.3

Frontline Corp Research see more...

Overview Inc. Year: 1989Industry: Logistics

Frontline Corp Share Price

New

| |

Volume
Price

Quarterly Price

Show Value Show %

Peer Comparison

Frontline Corp Quarterly Results

#(Fig in Cr.) Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Jun 2023 Sep 2023 Dec 2023
Net Sales 17 18 19 18 21 16 20 23 21 21
Other Income 1 1 1 1 1 1 1 1 1 1
Total Income 18 19 20 19 22 16 20 24 22 22
Total Expenditure 17 18 18 19 21 15 19 23 21 21
Operating Profit 1 1 2 0 1 1 2 1 1 1
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 1 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 1 -0 1 1 1 0 1 1
Provision for Tax 0 0 0 -0 0 0 0 0 0 0
Profit After Tax 0 0 1 -0 0 1 1 0 0 0
Adjustments 0 0 -0 0 0 0 -0 0 0 -0
Profit After Adjustments 0 0 1 -0 0 1 1 0 0 0
Adjusted Earnings Per Share 0.4 0.6 2 -0.1 0.9 1.3 1.9 0.3 0.8 0.8

Frontline Corp Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 44 42 38 38 43 44 47 48 59 72 77 85
Other Income 4 4 2 1 10 4 3 3 3 4 4 4
Total Income 48 46 39 39 53 49 49 52 62 75 81 88
Total Expenditure 43 40 36 38 46 44 47 50 58 71 76 84
Operating Profit 4 6 4 1 7 4 2 1 4 4 5 5
Interest 7 6 5 5 5 1 1 1 0 0 0 0
Depreciation 2 2 1 1 1 1 2 2 2 2 2 0
Exceptional Income / Expenses 0 -0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -4 -1 -2 -5 1 2 -1 -1 1 2 4 3
Provision for Tax -3 -1 -0 -1 0 0 -0 -0 0 0 1 0
Profit After Tax -2 -0 -2 -4 1 2 -0 -1 1 1 3 1
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -2 -0 -2 -4 1 2 -0 -1 1 1 3 1
Adjusted Earnings Per Share -3.2 -0.3 -3.7 -8.5 1.7 3.9 -0.7 -2 2.3 2.9 5.4 3.8

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 7% 17% 12% 6%
Operating Profit CAGR 25% 71% 5% 2%
PAT CAGR 200% 0% 8% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 32% 73% 27% NA%
ROE Average 27% 21% 9% 0%
ROCE Average 6% 4% 2% 4%

Frontline Corp Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 12 12 10 6 5 7 7 6 7 9 11
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 3 2 1 3 2 5 4 3 3 1 1
Other Non-Current Liabilities 1 -0 -1 4 -3 -3 -4 -4 -4 -4 -4
Total Current Liabilities 61 59 62 61 66 64 64 60 55 54 54
Total Liabilities 77 72 72 74 70 73 71 65 61 59 62
Fixed Assets 29 27 26 28 6 9 7 8 7 6 6
Other Non-Current Assets 15 11 14 21 30 29 30 29 30 29 31
Total Current Assets 32 34 32 25 34 36 35 27 24 24 26
Total Assets 77 72 72 74 70 73 71 65 61 59 62

Frontline Corp Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 3 1 1 1 1 0 1 1 1 1 1
Cash Flow from Operating Activities 19 2 -2 14 4 -1 0 0 0 2 -1
Cash Flow from Investing Activities -4 8 -0 -2 1 -2 1 2 2 0 1
Cash Flow from Financing Activities -17 -9 2 -12 -5 3 -1 -1 -2 -3 0
Net Cash Inflow / Outflow -2 0 -0 0 -0 0 -0 1 0 -0 -0
Closing Cash & Cash Equivalent 1 1 1 1 0 1 1 1 1 1 1

Frontline Corp Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) -3.24 -0.34 -3.68 -8.53 1.71 3.87 -0.67 -1.98 2.3 2.91 5.44
CEPS(Rs) 1.19 3.85 -1.59 -6.31 4.56 6.85 3.19 1.92 6.35 6.43 8.65
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 23.94 23.6 19.62 11.09 10.92 14.78 14.14 12 14.36 17.25 22.77
Core EBITDA Margin(%) 1.2 5.63 4.55 0.65 -5.07 -0.07 -1.49 -3.68 1.01 0.5 1.07
EBIT Margin(%) 5.31 10.22 8.18 0.48 14.99 6.56 0.16 -1.13 2.95 2.96 4.74
Pre Tax Margin(%) -9.51 -3.08 -5.49 -13.56 2.91 5.25 -1.1 -2.41 2.23 2.56 4.6
PAT Margin (%) -3.67 -0.41 -4.88 -11.07 1.96 4.35 -0.72 -2.03 1.96 2.02 3.53
Cash Profit Margin (%) 1.35 4.57 -2.11 -8.19 5.24 7.71 3.41 1.97 5.39 4.46 5.61
ROA(%) -1.98 -0.23 -2.54 -5.84 1.18 2.68 -0.46 -1.45 1.83 2.42 4.45
ROE(%) -12.67 -1.45 -17.03 -55.58 15.52 30.09 -4.64 -15.16 17.48 18.43 27.2
ROCE(%) 3.91 8.35 5.89 0.37 12.87 4.94 0.12 -0.92 2.94 3.65 6.17
Receivable days 91 81.34 78.7 68.8 67.24 78.73 72.13 60.26 52.15 44.02 38.8
Inventory Days 85.42 86.79 109.99 113.48 92.87 74.82 70.21 60.16 34.02 23.61 28.44
Payable days 179.95 230.38 253.03 119.96 128.3 228.99 198.06 131.41 55.47 25.6 23.42
PER(x) 0 0 0 0 10.19 0 0 0 4.23 9.27 4.47
Price/Book(x) 0 0 0 0 1.59 0 0.89 1 0.68 1.57 1.07
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 1.03 0.99 1.31 1.14 1.36 1.32 1.27 1.19 0.94 0.86 0.79
EV/Core EBITDA(x) 10.83 6.46 13.53 34.76 7.86 13.31 29.6 41.38 14.74 15.87 11.56
Net Sales Growth(%) -37.01 -4.47 -10.63 2.26 12.98 2.07 5.21 4.1 20.92 22.43 6.87
EBIT Growth(%) -36.41 83.76 -28.42 -94.03 3446.85 -55.33 -97.4 -827.32 414.84 22.88 71.33
PAT Growth(%) 30.27 89.37 -969.09 -131.93 120.01 126.47 -117.35 -195.33 216.29 26.41 86.9
EPS Growth(%) 30.27 89.37 -969.08 -131.93 120.01 126.46 -117.35 -195.33 216.29 26.41 86.9
Debt/Equity(x) 3.47 3.21 4.6 7.14 9.32 7.35 7.58 8.83 7.21 5.69 4.34
Current Ratio(x) 0.53 0.58 0.52 0.42 0.52 0.55 0.54 0.46 0.44 0.44 0.49
Quick Ratio(x) 0.39 0.39 0.33 0.21 0.38 0.42 0.4 0.34 0.37 0.35 0.36
Interest Cover(x) 0.36 0.77 0.6 0.03 1.24 5.01 0.13 -0.89 4.09 7.54 33.6
Total Debt/Mcap(x) 0 0 0 0 5.82 0 8.47 8.79 10.57 3.62 4.04

Frontline Corp Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 48.63 48.63 48.63 48.63 48.63 48.63 48.63 48.63 48.63 48.63
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 51.37 51.37 51.37 51.37 51.37 51.37 51.37 51.37 51.37 51.37
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 21%
  • Debtor days have improved from 25.6 to 23.42days.

Cons

  • Promoter holding is low: 48.63%.
  • The company has delivered a poor profit growth of 8% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Frontline Corp News

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....