Frontline Corporation Ltd

Frontline Corp. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Frontline Corporation Ltd

₹ 40.5 -0.73%
26 Apr - close price
frontlinecorporation.org BSE: 532042
About

Incorporated in 1989, Frontline Corporation Ltd is in the business of Transportation, Wind Energy, Trading of Automotive Parts, Renting of Immovable Properties, and distribution of fuel energy

Key Points

Business Overview:[1]
Company manages a fleet of 70+ HCVs for transportation activities of raw materials and finished products for Hindustan Coca Cola Beverages Pvt. Ltd. It has dealerships of Auto components brands viz., MICO (Bosch) and Mahindra & Mahindra (M&M) and has a petrol pump at Haldia, West Bengal. Company has also ventured into providing FTL (Full Truck Load) service through hiring / leasing of market vehicles to clients like Reliance Retail, L&T, RMD Kwikform, Waree Energy, Rayzon Solar, JMC Infra, DEC Infra, etc., Company is also into hiring of trailers and ODC consignments for infrastructure customers

Website BSE
  • Market Cap ₹ 20.3 Cr.
  • Current Price ₹ 40.5
  • High / Low ₹ 54.9 / 25.1
  • Stock P/E 12.7
  • Book Value ₹ 23.8
  • Dividend Yield 0.00 %
  • ROCE 4.49 %
  • ROE 19.8 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Contingent liabilities of Rs.326 Cr.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.4.61 Cr.

* 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.

Peer comparison

Sector: Trading Industry: Trading

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
18.93 17.11 17.80 18.60 18.25 20.95 15.56 19.60 20.56 22.84 21.27 21.18
18.13 16.95 17.67 18.00 18.79 20.73 15.00 18.64 21.48 22.82 20.94 21.02
Operating Profit 0.80 0.16 0.13 0.60 -0.54 0.22 0.56 0.96 -0.92 0.02 0.33 0.16
OPM % 4.23% 0.94% 0.73% 3.23% -2.96% 1.05% 3.60% 4.90% -4.47% 0.09% 1.55% 0.76%
0.97 0.74 0.75 1.05 0.98 0.76 0.70 0.73 2.22 0.73 0.79 0.87
Interest 0.10 0.06 0.04 0.03 0.15 0.01 0.01 0.01 0.08 0.01 0.01 0.02
Depreciation 0.50 0.51 0.46 0.38 0.40 0.38 0.39 0.41 0.42 0.42 0.42 0.38
Profit before tax 1.17 0.33 0.38 1.24 -0.11 0.59 0.86 1.27 0.80 0.32 0.69 0.63
Tax % 14.53% 33.33% 23.68% 19.35% 36.36% 25.42% 23.26% 24.41% 21.25% 59.38% 37.68% 34.92%
1.00 0.22 0.29 1.00 -0.07 0.44 0.67 0.97 0.63 0.14 0.42 0.41
EPS in Rs 2.00 0.44 0.58 2.00 -0.14 0.88 1.34 1.94 1.26 0.28 0.84 0.82
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
69.78 43.95 41.98 37.52 38.37 43.35 44.25 46.56 48.47 58.60 71.75 76.68 85.85
65.29 43.08 39.68 36.30 38.12 45.55 44.28 47.25 50.25 58.01 71.39 75.85 86.26
Operating Profit 4.49 0.87 2.30 1.22 0.25 -2.20 -0.03 -0.69 -1.78 0.59 0.36 0.83 -0.41
OPM % 6.43% 1.98% 5.48% 3.25% 0.65% -5.07% -0.07% -1.48% -3.67% 1.01% 0.50% 1.08% -0.48%
1.59 3.66 4.08 2.89 1.04 10.12 4.42 2.69 3.18 3.15 3.51 4.40 4.61
Interest 6.82 6.51 5.58 5.13 5.39 5.24 0.58 0.59 0.62 0.42 0.28 0.11 0.12
Depreciation 2.41 2.20 2.09 1.04 1.11 1.42 1.49 1.92 1.94 2.01 1.75 1.59 1.64
Profit before tax -3.15 -4.18 -1.29 -2.06 -5.21 1.26 2.32 -0.51 -1.16 1.31 1.84 3.53 2.44
Tax % 26.67% 61.48% 86.82% 10.68% 18.43% 32.54% 17.24% 35.29% 15.52% 12.21% 21.20% 22.95%
-2.31 -1.61 -0.17 -1.83 -4.25 0.85 1.92 -0.33 -0.99 1.15 1.45 2.71 1.60
EPS in Rs -4.62 -3.22 -0.34 -3.66 -8.50 1.70 3.84 -0.66 -1.98 2.30 2.90 5.42 3.20
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 6%
5 Years: 12%
3 Years: 17%
TTM: 15%
Compounded Profit Growth
10 Years: 10%
5 Years: 7%
3 Years: 57%
TTM: -20%
Stock Price CAGR
10 Years: %
5 Years: 26%
3 Years: 61%
1 Year: 27%
Return on Equity
10 Years: -5%
5 Years: 8%
3 Years: 19%
Last Year: 20%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 4.98 4.98 4.98 4.98 4.98 4.98 4.98 4.98 4.98 4.98 4.98 4.98 4.98
Reserves 8.55 6.94 6.77 4.79 0.54 0.46 2.38 2.06 1.00 2.17 3.61 6.36 6.93
52.67 41.33 37.73 44.93 39.39 50.65 54.10 53.36 52.76 51.54 48.85 49.14 49.19
19.78 23.47 24.16 18.56 31.60 17.02 15.36 14.60 9.63 5.84 5.89 5.99 7.12
Total Liabilities 85.98 76.72 73.64 73.26 76.51 73.11 76.82 75.00 68.37 64.53 63.33 66.47 68.22
30.47 28.74 26.74 25.66 27.52 32.49 35.06 33.36 33.62 31.99 30.66 29.89 29.22
CWIP 0.19 0.20 0.20 0.20 0.20 0.00 0.00 0.04 0.00 0.03 0.28 0.57 0.59
Investments 9.43 7.82 6.96 6.96 6.95 0.24 0.27 0.24 0.07 0.96 0.65 2.32 2.74
45.89 39.96 39.74 40.44 41.84 40.38 41.49 41.36 34.68 31.55 31.74 33.69 35.67
Total Assets 85.98 76.72 73.64 73.26 76.51 73.11 76.82 75.00 68.37 64.53 63.33 66.47 68.22

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
4.53 18.79 1.54 -2.09 13.53 3.54 -0.50 0.44 0.08 0.10 2.30 -0.98
-4.37 -3.97 7.66 -0.41 -1.84 1.47 -2.19 0.74 1.66 1.78 0.26 0.73
0.33 -17.12 -9.18 2.05 -11.63 -5.18 2.87 -1.33 -1.21 -1.63 -2.97 0.18
Net Cash Flow 0.49 -2.30 0.02 -0.45 0.06 -0.17 0.18 -0.15 0.52 0.25 -0.41 -0.08

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 61.72 83.96 74.77 73.74 65.54 76.54 82.49 65.85 57.23 56.93 41.51 38.75
Inventory Days 115.38 106.04 168.51 212.63 207.89 130.22 141.01 142.37 87.63 40.17 35.49 46.65
Days Payable 141.49 180.54 241.89 200.02 64.17 203.22 216.49 192.03 99.89 37.79 23.52 24.04
Cash Conversion Cycle 35.61 9.47 1.39 86.36 209.26 3.54 7.01 16.19 44.97 59.32 53.48 61.36
Working Capital Days 94.99 3.32 19.65 59.73 -10.65 133.29 151.61 140.64 110.40 101.03 84.45 81.54
ROCE % 5.35% 1.94% 4.30% 4.97% 0.30% 10.79% 3.85% -0.05% -0.99% 2.86% 3.62% 4.49%

Shareholding Pattern

Numbers in percentages

4 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
48.63% 48.63% 48.63% 48.63% 48.63% 48.63% 48.63% 48.63% 48.63% 48.63% 48.63% 48.63%
51.37% 51.37% 51.37% 51.37% 51.37% 51.36% 51.36% 51.36% 51.37% 51.36% 51.36% 51.37%
No. of Shareholders 7307868088188318709169619549901,1971,190

Documents

Announcements

Annual reports