Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · FRONTLINE CORPORATION LTD. · 9 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
FRONTLINE CORPORATION LTD.
BSE: 532042
BSE: 532042
Services › Services › Transport Services › Road Transport
FRONTLINE CORPORATION LTD.
StateQ2 FY26 filed
Last close · 7 Oct 2026₹32.03
Market cap₹0.0k cr
TTM P/E · P/B · EV/EBITDA— · 0.97 · —
FRONTLINE CORPORATION LTD. is a Transport Services company. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY25–FY25 (all audited; no estimate years)
| ₹ crore · consolidated | FY25 |
|---|---|
| Revenue | 104 |
| EBITDA (ex other income) | 2 |
| margin % | 2.2 |
| Owners' profit | 0 |
| EPS, as reported (₹) | 5.80 |
| ROE % · ROCE % | 18.8 · 19.5 |
| Debt / equity (x) | 3.72 |
| Cash from operations | 0 |
| Capex | (1) |
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · FRONTLINE CORPORATION LTD. · 9 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 3 quarters
| ₹ crore | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|
| Revenue | 29 | 31 | 26 |
| Profit before tax | 1 | 1 | 1 |
| Net profit | 1 | 1 | 1 |
| EPS (₹) | 1.78 | 1.15 | 1.10 |
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Segment revenue, FY25
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| A) Transportation | 8 | 25.9 |
| B) Trading | 11 | 37.9 |
| C) Wind Energy | 0 | 0.6 |
| D) Renting of Immovable Properties | 0 | 0.4 |
| E) Petrol Pump | 9 | 28.4 |
| F) Other Income | 2 | 6.9 |
| Total, before eliminations | 30 | 100.0 |
Source: the filed segment block, four quarters summed.
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ABC INDIA LTD. | 34 | 14.2 | 0.59 | — | 4.0 | 3.5 | — | 1.5 |
| INTER STATE OIL CARRIER LTD. | 24 | 12.7 | 1.15 | — | 9.1 | 7.9 | — | 11.2 |
| BALURGHAT TECHNOLOGIES LTD. | 23 | 14.0 | 1.27 | — | 3.1 | 3.5 | — | 3.6 |
| FRONTLINE CORPORATION LTD. ◆ | 16 | 8.0 | 0.97 | 10.9 | 6.8 | 6.3 | — | 5.6 |
| COASTAL ROADWAYS LTD. | 8 | 5.0 | 0.33 | — | 6.2 | 7.6 | — | 14.4 |
| MAHASAGAR TRAVELS LTD. | 5 | 33.3 | 9.64 | — | 81.2 | 3.6 | — | 4.2 |
| Desi Farms India Limited | — | — | — | — | — | (124.2) | — | — |
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 8.0 | 15.1 | 15 of 66 | 79% |
| P/B | 1.0 | 1.5 | 14 of 58 | 77% |
| ROCE | 6.3 | 7.0 | 39 of 76 | 49% |
| ROE | 6.8 | 7.3 | 30 of 58 | 49% |
| Debt / Equity | 3.4 | 0.3 | 56 of 58 | 4% |
| EBITDA margin | 5.6 | 11.3 | 49 of 65 | 25% |
| Market cap | 16 | 149 | 69 of 78 | 12% |
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · FRONTLINE CORPORATION LTD. · 9 October 2026Page 3 of 3
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 23 Sept 2026 · AGM 2026 results: all 3 resolutions passed with near-unanimous approval | board shareholder meetings | low | — | — |
| 23 Sept 2026 · AGM 2026 results: All 3 resolutions passed with near-unanimous support | board shareholder meetings | low | — | — |
| 22 Sept 2026 · 37th AGM held; FY26 accounts adopted, 2 directors re-appointed | board shareholder meetings | low | — | — |
| 16 Sept 2026 · Trading window closed from Oct 1, 2026 for Q2 results | compliance | minimal | — | — |
| 25 Aug 2026 · Frontline Corp FY26 Annual Report: Revenue up 13.84%, PAT down 16.5% | results | high | — | — |
| 17 Aug 2026 · Q1 FY27 Results Published: Profit Falls Sharply Year-on-Year | compliance | minimal | — | — |
| 7 Aug 2026 · Frontline Corp board meeting set for Aug 14, 2026 | compliance | minimal | — | — |
| 4 Aug 2026 · Board meeting on Aug 14 to consider Q1 FY27 standalone results | results | low | — | — |
| 18 Jul 2026 · Promoters demat account frozen by BSE for SEBI non-compliance | regulatory legal | high | — | — |
| 7 Jul 2026 · Frontline Corp FY26 results carry auditor qualified opinion | results | high | — | — |
Source: exchange announcements; reaction = close-to-close from the filing's session.
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in