Frog Innovations logo

Frog Innovations share price

NSE: FROGTelecom - Equipment & Accessories

Frog Innovations Limited · Formerly Frog Cellsat · Face value ₹10 · Listed Oct 2022 · Issue price ₹102
Last close ₹227.00down ₹5.20 (2.24%)

Share price at the NSE close on 28 Oct 2026. Previous close ₹232.20.

28 Oct: open ₹222.65, high ₹230.00, low ₹222.65

52-week range of traded prices to 28 Oct 2026
₹123.50Low, 23 Mar 2026₹304.95High, 17 Sep 2026
Market cap
₹353 Cr
P/E
Lossover the last 12 months
P/B
2.22
Dividend yield
Nonein the last 12 months
ROE
−1.0%
Debt to equity
0.08
Volume, NSE
3,60077.8% delivered

Frog Innovations share price chart

Daily closes since Oct 2022, adjusted for splits and bonuses

+5.4%over a year · Nifty SME EMERGE −7.5% · Nifty 500 −8.8%

Results20-session average 20,880 shares a day, 72.1% delivered

Results

Consolidated; ₹ crore.Frog Innovations half-yearly results

Revenue growth, 12 months
−51.7%
Net profit growth, 12 months
−106.6%

Half year to Mar 2026, against the half year before

Revenue
₹51 Crdown 6.91%
Net profit
−₹0.55 CrHalf year to Sep 2025: −₹1.02 Cr
Net margin
−1.1%

Revenue by half year

₹69 CrSep 23₹89 CrMar 24₹80 CrSep 24₹140 CrMar 25₹55 CrSep 25₹51 CrMar 26
Peak revenue ₹140 Cr, half year to Mar 2025; lowest ₹51 Cr, half year to Mar 2026

Net profit by half year, a loss in red

  • Net profit
  • Loss
₹5.27 CrSep 23₹10 CrMar 24₹5.31 CrSep 24₹18 CrMar 25−₹1.02 CrSep 25−₹0.55 CrMar 26
A loss in 2 of the 6 half years shown
₹ croreSep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Revenue6989801405551
Net profit510518−1−1
Net margin7.7%11.5%6.7%13.1%−1.9%−1.1%
Consolidated. The 6 half years from Sep 2023, the first on record; the quarters before them are below. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
₹ croreSep 2022Dec 2022Mar 2023
Revenue65.838.329.0
Net profit7.24.04.0
Net margin10.9%10.3%13.7%
Consolidated. The quarters the company also filed in the same span.

Business segments

In the year to Mar 2026 the company reports one business segment, manufacturing and installation of in-building coverage solutions and mobile network accessories for mobile service providers and operators, which carries all its revenue.

Valuation

Today, against the company's own history. Not shown, P/E: loss, last twelve months. Dividend yield is not shown: no dividend in the years on record.Frog Innovations PE ratio and valuation

Price to book

At or below today's level on 83% of 247 trading days over the last year.

LowestHighest
Its median1.63Industry median5.09

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−38.5%––0.0%
3 years−1.9%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Frog Innovations shareholding pattern

Shareholding by group

  • Promoters72.54%
  • Foreign institutions0.20%
  • Individuals and others27.26%
Holder
STAR PRIVATE TRUST (THROUGH ITS TRUSTEE - BARCLAYS WEALTH TRUSTEES (INDIA) PRIVATE LIMITED)Promoter57.41%
KONARK TRIVEDIPromoter14.58%
DHEERAJ KUMAR LOHIAResident individuals, over ₹2 lakh at face value1.15%
SONAL TRIVEDIPromoter0.51%
ROAR SYSTEMS PRIVATE LIMITEDPromoter0.04%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Since Mar 2026: promoters unchanged, foreign institutions unchanged.

Promoter and insider buying and selling

Trades made since 28 Oct 2025.Frog Innovations insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Others: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Frog Innovations competitors and peers

Telecom - Equipment & Accessories, 15 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Frog Innovations in market cap.Telecommunication sector stocks

Frog Innovations is not on the chart: it has no P/E today

Return on equity across, P/E up, size is market cap
Company
Orient Cables (India)ORIENTCABL4,044––––––0.00%
Valiant Communications logoValiant CommunicationsVALIANT1,91570.2719.84+65.7%+143.0%34.5%32.2%0.09%
ADC India Communications logoADC India CommunicationsADCINDIA98143.5511.32+19.0%+0.3%28.8%29.0%1.17%
Birla Cable logoBirla CableBIRLACABLE97921.183.49+28.1%+656.8%17.3%16.8%0.38%
Umiya Buildcon logoUmiya BuildconUMIYA-MRO16542.731.41+21.3%–3.4%6.7%0.00%
Aksh Optifibre logoAksh OptifibreAKSHOPTFBR121––+28.9%–––0.00%
Punjab Communications logoPunjab CommunicationsPUNJCOMMU5810.591.91+25.8%+320.3%18.6%−14.0%0.00%
Telogica logoTelogicaTELOGICA47–1.42+123.8%−153.4%−2.7%5.3%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Frog Innovations announcements

Frog Innovations share price by year

Each calendar year to 2025.Frog Innovations share price history

YearClose at year endChangeHighest closeLowest close
2025162.75−47.5%429.55152.75
2024309.85+78.0%388.60137.95
2023174.05−29.1%304.40141.45
2022245.65–280.95185.80
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2022 is from its first session, 13 Oct 2022.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 2026237.00237.95229.00232.20234.288,40085.7%
26 Oct 2026232.00239.50232.00235.00236.302,000100.0%
23 Oct 2026226.00236.95210.50232.30223.6942,40068.9%
22 Oct 2026212.00233.00212.00228.40227.7218,80068.1%
21 Oct 2026242.40245.95211.75221.85221.2151,20069.5%
19 Oct 2026259.90259.95242.00242.40248.8621,20077.4%
16 Oct 2026261.00262.95256.05259.95257.236,40068.8%
15 Oct 2026270.00270.00258.00259.20263.3912,40071.0%
14 Oct 2026266.70275.45265.55272.05271.1210,40073.1%
Prices in ₹ per share as traded, not adjusted.

Company details

NSE symbol
FROG
ISIN
INE385O01018
Industry
Telecom - Equipment & Accessories