Frontline Securities (Delisted) share price
BSE: 533213
Frontline Securities Ltd. · Face value ₹5 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Jul 2010
Last traded ₹34.70 on 20 Aug 2020
Delisted on 28 Aug 2020.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Aug 2020
27 Aug · Updates On Delisting_ Exit Letter Of Offer
Jul 2020
Results for the quarter to Mar 2020
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
- RevenueRevenue from operations. Money earned from selling the company's goods and services in the period. Revenue from operations in the glossary
- ₹1.74 Cr+10.5% on the quarter beforeChange on a year ago and on the quarter before. The change against the same quarter a year before: (this quarter's figure less that quarter's) divided by that quarter's, times 100. The change on the quarter before is the same sum against the quarter just before, taken as this quarter's results restate it where the company restated it: this quarter's year to date less this quarter. Left out where either figure is a loss, where the restatement covers two or more earlier quarters without saying which, or across a change of basis named under the table, on the lines it affects.
- Operating profitOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. Operating profit before depreciation (EBITDA) in the glossary
- ₹1.41 Cr+0.1% on the quarter before
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- ₹0.77 Cr
- Earnings per shareEarnings per share. Profit belonging to shareholders divided by the number of shares, restated for later splits and bonuses so they do not break the line. Earnings per share in the glossary
- ₹0.73
- Operating margin
- 80.6%
- Net margin
- 44.1%
From revenue to net profit, ₹ crore
- Revenue1.7
- Employee costs−0.1
- Other expenses−0.3
- Operating profit1.4
- Depreciation−0.1
- Other income0.0
- Finance costs0.0
- Profit before tax1.2
- Tax−0.5
- Net profit0.8
Frontline Securities results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Mar 2020. Results for the quarter to Jun 2020 were due by 14 Aug 2020, 45 days after it ends. Every company's dates are on the results calendar.
Revenue and net profit by quarter, ₹ crore
- Revenue
- Net profit
Peak revenue ₹4.23 Cr, quarter to Mar 2018; lowest ₹1.15 Cr, quarter to Dec 2018
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018Q1 | Sep 2018 | Dec 2018Q3 | Mar 2019 | Jun 2019Q1 | Sep 2019 | Dec 2019Q3 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1.59 | 1.76 | 1.27 | – | 1.68 | 1.62 | 1.07 | 1.23 | 3.05 | 2.45 | 3.24 | 4.23 | 1.46 | 1.88 | 1.15 | – | 1.69 | 1.66 | 1.58 | 1.74 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. Operating expenses in the glossary | – | – | – | – | – | – | – | 0.22 | 0.15 | 0.20 | 0.26 | 0.41 | – | – | – | – | 0.31 | 0.24 | 0.17 | 0.34 |
| Materials and goods boughtCost of materials and goods. Raw materials used and goods bought for resale in the period, adjusted for the change in stock held. Cost of materials and goods in the glossary | – | – | – | – | – | – | – | – | – | – | – | – | 0.00 | 0.00 | 0.00 | – | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. Employee costs in the glossary | – | – | – | – | – | – | – | – | – | – | 0.12 | – | – | – | – | – | 0.11 | 0.09 | 0.08 | 0.08 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. Other expenses in the glossary | – | – | – | – | – | – | – | – | – | – | 0.11 | – | – | – | – | – | 0.20 | 0.15 | 0.09 | 0.26 |
| Operating profit before depreciation | – | – | – | – | – | – | – | 1.01 | 2.90 | 2.26 | 2.98 | 3.81 | – | – | – | – | 1.38 | 1.42 | 1.40 | 1.41 |
| Operating margin | – | – | – | – | – | – | – | 82.0% | 95.1% | 92.0% | 91.9% | 90.2% | – | – | – | – | 81.7% | 85.7% | 89.0% | 80.6% |
| Depreciation and amortisationDepreciation and amortisation. The part of the cost of plant, buildings and other long-lived assets charged against each year they are used. Depreciation and amortisation in the glossary | – | – | – | – | – | – | – | 0.01 | 0.01 | 0.01 | 0.02 | 0.17 | – | – | – | – | 0.10 | 0.12 | 0.11 | 0.12 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. Other income in the glossary | – | – | – | – | – | – | – | – | – | – | – | – | 0.63 | 0.51 | 0.12 | – | 0.00 | 0.00 | 0.00 | 0.00 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | – | – | – | – | – | – | – | 0.00 | 0.00 | 0.00 | 0.00 | 0.11 | 0.00 | 0.07 | 0.00 | – | 0.00 | 0.05 | 0.00 | 0.04 |
| One-off itemsExceptional items. Gains or losses the company reports separately because they are not expected to recur, such as selling a business or writing down an asset. Exceptional items in the glossary | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 1.46 | 1.64 | 1.06 | – | 1.53 | 1.44 | 0.95 | 1.00 | 2.89 | 2.24 | 2.96 | 3.53 | 1.75 | 1.92 | 0.89 | – | 1.28 | 1.25 | 1.30 | 1.24 |
| 0.19 | 0.15 | 0.09 | – | 0.09 | 0.17 | 0.11 | 0.05 | 0.37 | 0.36 | 0.41 | 0.51 | 0.42 | 0.47 | 0.21 | – | 0.43 | 0.66 | 0.68 | 0.47 | |
| Tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossary | 12.9% | 9.2% | 8.7% | – | 5.7% | 11.7% | 11.9% | 4.9% | 12.8% | 16.1% | 13.9% | 14.5% | 23.8% | 24.2% | 23.1% | – | 33.4% | 52.7% | 52.4% | 38.1% |
| Net profit | 1.27 | 1.49 | 0.97 | – | 1.44 | 1.27 | 0.84 | 0.95 | 2.52 | 1.88 | 2.54 | 3.02 | 1.33 | 1.46 | 0.68 | – | 0.85 | 0.59 | 0.62 | 0.77 |
| Other comprehensive incomeOther comprehensive income. Gains and losses booked straight to net worth rather than through profit, such as changes in the value of some investments, pension plans and currency translation. Other comprehensive income in the glossary | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | −0.55 | −1.06 | 1.32 | −5.92 |
| Total comprehensive incomeTotal comprehensive income. Net profit plus other comprehensive income. Total comprehensive income in the glossary | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0.30 | −0.47 | 1.93 | −5.15 |
| Net margin | 79.7% | 84.3% | 76.6% | – | 85.6% | 78.3% | 78.7% | 77.4% | 82.7% | 76.7% | 78.6% | 71.5% | 91.3% | 77.4% | 59.3% | – | 50.3% | 35.8% | 39.1% | 44.1% |
| Earnings per share | – | – | – | – | – | – | – | ₹1.32 | ₹3.50 | ₹2.61 | ₹3.54 | ₹4.28 | – | ₹2.46 | ₹0.58 | – | ₹0.72 | ₹0.57 | ₹0.59 | ₹0.73 |
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarter to Mar 2016. The quarter to Mar 2019 is not shown: its results were filed at the wrong scale, a power of ten off the company's own year-to-date figures.
The quarter to Jun 2018 was restated in the company's filing of 14 Nov 2018. The table shows the restated figures.
Segment results by quarter
Standalone, ₹ crore, quarters to Mar 2020.
Consultancy, Commission & Brokerage
Revenue, ₹ croreProfit, ₹ croreInvestment in Bonds, FDR & Loans & Adavances
Revenue, ₹ croreProfit, ₹ croreRenting & Co Work
Revenue, ₹ croreProfit, ₹ crore
| ₹ crore | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|
| Revenue of all businesses | 1.5 | 1.9 | 1.2 | – | 1.4 | 1.4 | 1.4 | 1.4 |
| Company revenue, as in its resultsCompany revenue. The company's revenue from operations for the period in its results, on the same accounts as its segments. It is below the businesses' sum where they sell to one another, or where the segments include a business the results report as discontinued. | 1.5 | 1.9 | 1.2 | – | 1.7 | 1.7 | 1.6 | 1.7 |
| Revenue | 1.4 | 1.8 | 1.1 | – | 1.4 | 1.3 | 1.4 | 1.4 |
| Revenue growthSegment revenue growth, year on year. The change in the segment's revenue from the same period a year before, as a percentage of that earlier revenue: a year against the year before, a quarter against the same quarter. Segment revenue growth, year on year in the glossary | – | – | – | – | 0.4% | −27.8% | 25.8% | – |
| ProfitSegment profit. What the business earned before tax and finance costs, as the company measures each of its businesses. Segment profit in the glossary | 1.2 | 1.5 | 0.9 | – | 1.2 | 1.1 | 1.2 | 1.1 |
| Profit growthSegment profit growth, year on year. The change in the segment's profit from the same period a year before, as a percentage of that earlier profit, left empty where either is a loss, since growth from or into a loss is not a percentage. Segment profit growth, year on year in the glossary | – | – | – | – | 3.8% | −25.1% | 40.9% | – |
| MarginSegment margin. Segment profit as a percentage of the segment's revenue. Segment margin in the glossary | 84.2% | 82.9% | 80.8% | – | 87.1% | 86.0% | 90.6% | 84.0% |
| AssetsSegment assets. What the company holds for this business at the period end: plant, stock, receivables and the like. Segment assets in the glossary | 0.7 | 4.0 | 0.8 | – | 0.5 | 0.8 | 4.3 | 1.1 |
| LiabilitiesSegment liabilities. What this business owes at the period end, such as payments due to suppliers. Segment liabilities in the glossary | 0.2 | 0.7 | 0.2 | – | 0.1 | 0.1 | 0.0 | 0.1 |
| Capital employedCapital employed in the segment. Segment assets less segment liabilities at the period end: the money tied up in this business. Capital employed in the segment in the glossary | 0.5 | 3.3 | 0.6 | – | 0.4 | 0.7 | 4.2 | 1.0 |
| Revenue | – | – | – | – | 0.0 | 0.1 | 0.1 | 0.0 |
| Revenue | – | – | – | – | 0.0 | 0.0 | 0.0 | 0.0 |
| Revenue | – | 0.1 | 0.1 | – | – | – | – | – |
| Revenue | 0.1 | – | – | – | – | – | – | – |
| Revenue | 0.6 | 0.5 | 0.1 | – | 0.3 | 0.3 | 0.1 | 0.3 |
Profit is before tax and finance costs, the way companies report their segments.
10 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
Peak revenue ₹13 Cr, year to Mar 2018; lowest ₹4.66 Cr, year to Mar 2012
Operating and net margin, per cent
- Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. Operating margin in the glossary
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
Results for the year to Mar 2020
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue6.7
- Employee costs−0.4
- Other expenses−0.7
- Operating profit5.6
- Depreciation−0.5
- Other income0.0
- One-off items0.0
- Finance costs−0.1
- Profit before tax5.1
- Tax−1.9
- Net profit3.1
What the company owns
- Plant, investments and other assets₹37 Cr
- Cash and bank₹1 Cr
- Receivables₹0 Cr
What pays for it: net worth and liabilities
- Net worth₹38 Cr
- Borrowings₹0 Cr
- Other liabilities₹0 Cr
Frontline Securities business segments, year to Mar 2020
A reportable segment is a line of business the company must report on its own. Standalone, ₹ crore, as the company reports them. A segment at a loss has no share of profit.
Revenue by segment
₹5.65 CrTotal
- Consultancy, Commission & Brokerage₹5.43 Cr96.2% of total
- Investment in Bonds, FDR & Loans & Adavances₹0.20 Cr3.6% of total
- Renting & Co Work₹0.01 Cr0.2% of total
Profit by segment
- Consultancy, Commission & Brokerage₹4.72 Cr100.0% of total
Segment results by year
Standalone, ₹ crore, years to March.
Consultancy, Commission & Brokerage
Revenue, ₹ croreProfit, ₹ croreInvestment in Bonds, FDR & Loans & Adavances
Revenue, ₹ croreProfit, ₹ croreRenting & Co Work
Revenue, ₹ croreProfit, ₹ crore
| ₹ crore | Mar 2020 |
|---|---|
| Revenue of all businesses | 5.6 |
| Company revenue, as in its results | 6.7 |
| Revenue | 5.4 |
| Profit | 4.7 |
| Margin | 87.0% |
| Return on capitalReturn on capital employed in the segment. The year's segment profit as a percentage of the capital employed in the segment at the year end. Return on capital employed in the segment in the glossary | 493.0% |
| Assets | 1.1 |
| Liabilities | 0.1 |
| Capital employed | 1.0 |
| Revenue | 0.2 |
| Revenue | 0.0 |
| Revenue | 1.0 |
Profit is before tax and finance costs, the way companies report their segments.
Profit and loss
Standalone, ₹ crore, years to March. No results on record for the year to Mar 2016. The year to Mar 2019 is not shown: its results were filed at the wrong scale, a power of ten off the company's own year-to-date figures.
| ₹ crore | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 4.9 | 4.7 | 6.1 | 5.5 | 6.6 | – | 5.6 | 13.0 | – | 6.7 |
| – | – | 0.8 | 0.8 | – | – | 0.6 | 1.0 | – | 1.1 | |
| Materials and goods bought | – | – | – | – | – | – | – | – | – | 0.0 |
| Employee costs | – | – | – | – | – | – | – | – | – | 0.4 |
| Other expenses | – | – | – | – | – | – | – | – | – | 0.7 |
| Operating profit before depreciation | – | – | 5.4 | 4.7 | – | – | 5.0 | 11.9 | – | 5.6 |
| Operating margin | – | – | 87.5% | 85.6% | – | – | 88.4% | 92.1% | – | 84.1% |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. Materials, % of revenue in the glossary | – | – | – | – | – | – | – | – | – | 0.0% |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. Employee costs, % of revenue in the glossary | – | – | – | – | – | – | – | – | – | 5.4% |
| Other expenses, % of revenueOther expenses, % of revenue. Operating costs besides materials and staff divided by revenue, times 100; with the two above and the operating margin it makes 100. Other expenses, % of revenue in the glossary | – | – | – | – | – | – | – | – | – | 10.5% |
| Depreciation and amortisation | 0.0 | – | 0.0 | 0.0 | – | – | 0.0 | 0.2 | – | 0.5 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. Operating profit after depreciation (EBIT) in the glossary | – | – | 5.3 | 4.7 | – | – | 4.9 | 11.7 | – | 5.2 |
| Other income | – | – | – | – | – | – | – | – | – | 0.0 |
| Finance costs | – | 0.0 | 0.0 | 0.0 | 0.0 | – | 0.0 | 0.1 | – | 0.1 |
| One-off items | – | – | – | – | – | – | – | – | – | 0.0 |
| Profit before tax | 4.3 | 4.1 | 5.3 | 4.7 | 5.7 | – | 4.9 | 11.6 | – | 5.1 |
| 0.8 | 0.9 | 1.5 | 1.4 | 0.9 | – | 0.4 | 1.7 | – | 1.9 | |
| Net profit | 3.6 | 3.2 | 3.8 | 3.3 | 4.8 | – | 4.5 | 10.0 | – | 3.1 |
| Other comprehensive income | – | – | – | – | – | – | – | – | – | −6.3 |
| Total comprehensive income | – | – | – | – | – | – | – | – | – | −3.2 |
| Net margin | 73.1% | 68.5% | 61.9% | 60.3% | 72.5% | – | 80.4% | 76.9% | – | 47.0% |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2013, Mar 2014, Mar 2017 and Mar 2018 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2011: the statement does not state its finance costs, which operating profit is worked out from, so operating profit is not given. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2012 and Mar 2015: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.
Balance sheet
Standalone, ₹ crore, at 31 March.
| ₹ crore | Mar 2020 |
|---|---|
| Net worth. What the company owns less everything it owes: the money shareholders have in the business, paid in and kept from profits. Net worth in the glossary | 37.6 |
| Share capitalShare capital. The face value of all the shares the company has issued. Share capital in the glossary | 5.0 |
| ReservesReserves. The rest of the shareholders' net worth: profits kept in the business over the years, and money paid for shares above their face value. Reserves in the glossary | 32.6 |
| BorrowingsBorrowings. Loans, bonds and other money the company has borrowed and must repay with interest. Borrowings in the glossary | 0.4 |
| Total assetsTotal assets. Everything the company owns or controls: plant, investments, stock, money owed by customers and cash. Total assets in the glossary | 38.5 |
| Plant in use, after depreciationNet block. Plant, buildings and equipment in use, at what they cost less the depreciation charged on them so far. Net block in the glossary | 12.5 |
| Trade receivablesTrade receivables. Money customers owe the company for goods and services already delivered. Trade receivables in the glossary | 0.4 |
| Cash and cash equivalentsCash and cash equivalents. Cash in hand and at the bank, and deposits that can be turned into cash within three months. Cash and cash equivalents in the glossary | 0.0 |
| Other bank balancesOther bank balances. Bank deposits that cannot be drawn within three months, such as fixed deposits and money held as security. Other bank balances in the glossary | 1.5 |
| Net debtNet debt. Borrowings less cash, other bank balances and current investments: what the company would still owe if it used its cash to repay. Net debt in the glossary | −1.1 |
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.
Ratios
Standalone, years to March.
| Ratio | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growthRevenue growth. This year's revenue less last year's, divided by last year's, times 100; blank where last year's is not above nought. Revenue growth in the glossary | −8.5% | −4.5% | 31.4% | −9.6% | 18.9% | – | – | 131.4% | – | – |
| Operating profit growthOperating profit growth. This year's operating profit before depreciation less last year's, divided by last year's, times 100; blank where last year's is not above nought. Operating profit growth in the glossary | – | – | – | −11.6% | – | – | – | 141.3% | – | – |
| Net profit growthNet profit growth. This year's net profit less last year's, divided by last year's, times 100; blank where last year's is not above nought. Net profit growth in the glossary | 0.1% | −10.6% | 18.8% | −11.9% | 43.0% | – | – | 121.4% | – | – |
| Earnings per share growthEarnings per share growth. This year's earnings per share less last year's, on the same share count, divided by last year's, times 100; blank where last year's is not above nought. Earnings per share growth in the glossary | – | – | 18.8% | – | – | – | – | 125.7% | – | – |
| Return on equityReturn on equity. Profit belonging to shareholders as a percentage of their average net worth over the year. | – | – | – | – | – | – | – | – | – | 8.3%what Return on equity, Mar 2020, includes. This year's return on equity, asset turnover and assets per rupee of net worth are on its year-end balance sheet: none a year before is on record to average with. |
| Return on capital employedReturn on capital employed. Operating profit after depreciation divided by net worth plus borrowings at the year end, times 100: what the business earns on all the money in it. | – | – | – | – | – | – | – | – | – | 13.6% |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. Interest cover in the glossary | – | – | 5,317.0 | 4,698.0 | – | – | 49,161.0 | 103.5 | – | 55.7 |
| Debt to equityDebt to equity. Borrowings at the year end divided by net worth: rupees borrowed for each rupee shareholders have in the business. | – | – | – | – | – | – | – | – | – | 0.01 |
| Receivable daysReceivable days. Trade receivables divided by revenue, times 365: the average days customers take to pay. Receivable days in the glossary | – | – | – | – | – | – | – | – | – | 20 |
| Asset turnoverAsset turnover. Revenue divided by average total assets: rupees of sales for each rupee of assets. Asset turnover in the glossary | – | – | – | – | – | – | – | – | – | 0.17 |
| Assets per rupee of net worthAssets per rupee of net worth. Average total assets divided by average net worth: how far borrowings and other liabilities stretch the shareholders' money. Assets per rupee of net worth in the glossary | – | – | – | – | – | – | – | – | – | 1.02 |
| Sales per rupee of plantSales per rupee of plant. Revenue divided by the net block: rupees of sales for each rupee of plant in use. Sales per rupee of plant in the glossary | – | – | – | – | – | – | – | – | – | 0.53 |
| Plant being built, % of plant in useCapital work in progress, % of net block. Plant still being built as a percentage of the plant in use. Capital work in progress, % of net block in the glossary | – | – | – | – | – | – | – | – | – | 0.0% |
No balance sheet is on record for the years to Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.
Growth and returns over 3, 5 and 10 years
Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2020.
- Return on assets, latest yearReturn on assets, latest year. Profit to the company's own shareholders in the latest year ÷ the average of that year's opening and closing total assets × 100; empty for a bank, a lender or an insurer, whose own return on assets is shown with its accounts.
- 8.1%
| Measure | 10 years | 5 years | 3 years |
|---|---|---|---|
| Revenue growth, yearly rateRevenue growth, yearly rate. 3 years: Revenue in the latest year ÷ revenue in the year three years before, to the power of one third, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 5 years: Revenue in the latest year ÷ revenue in the year five years before, to the power of one fifth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 10 years: Revenue in the latest year ÷ revenue in the year ten years before, to the power of one tenth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. | 2.3% | 0.3% | 6.0% |
| Profit growth, yearly rateProfit growth, yearly rate. 3 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders in the year three years before, to the power of one third, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 5 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders in the year five years before, to the power of one fifth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 10 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders in the year ten years before, to the power of one tenth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. | −1.3% | −8.1% | −11.4% |
| Operating margin, averageOperating margin, average. 3 years: The plain average of the yearly operating profit margin over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly operating profit margin over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly operating profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | – | – | 88.1% |
| Net margin, averageNet margin, average. 3 years: The plain average of the yearly net profit margin over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly net profit margin over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly net profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | – | – | 61.9% |
| Interest cover, averageInterest cover, average. 3 years: The plain average of the yearly interest cover over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly interest cover over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly interest cover over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | – | – | 79.6 |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Effective tax ratePublished threshold 17.16 per cent | 17.46 | 22.12 | 28.72 | 28.94 | 16.07 | – | 8.48 | 14.24 | – | 38.20 |
A threshold marked as ours has no published figure; it is the line we read the check against.
Where the return came from
Yearly rates to Mar 2020, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −19.4% | – | – | 0.0% |
| 3 years | −7.5% | – | – | 0.0% |
| 5 years | −11.4% | – | – | 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. Earnings growth and the change in P/E over 3 and 5 years are left empty: the earnings per share stated for one end does not match that year's profit and share count, and no share count is on record to work it out.
Frontline Securities share price by year
Each calendar year to 2020.
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2020 | 34.70 | +102.3% | 36.50 | 18.00 |
| 2019 | 17.15 | −56.5% | 40.20 | 17.15 |
| 2018 | 39.45 | −34.9% | 77.85 | 29.40 |
| 2017 | 60.60 | +150.9% | 63.00 | 23.00 |
| 2016 | 24.15 | −23.6% | 38.30 | 16.65 |
| 2015 | 31.60 | −45.5% | 60.80 | 25.00 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2020 close is its last trade, on 20 Aug 2020.
Recent sessions
The 10 trading days to 20 Aug 2020, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 20 Aug 2020 | 35.00 | 36.10 | 34.65 | 34.70 | 34.98 | 2,150 |
| 19 Aug 2020 | 36.00 | 36.00 | 35.00 | 35.00 | 35.12 | 228 |
| 18 Aug 2020 | 36.10 | 38.00 | 35.00 | 36.35 | – | 3 |
| 17 Aug 2020 | 36.20 | 36.20 | 34.40 | 36.20 | 35.12 | 861 |
| 14 Aug 2020 | 34.75 | 36.25 | 34.65 | 36.20 | 34.73 | 2,301 |
| 13 Aug 2020 | 34.25 | 36.70 | 34.25 | 36.45 | 35.13 | 926 |
| 12 Aug 2020 | 34.00 | 36.00 | 34.00 | 36.00 | 34.03 | 1,699 |
| 11 Aug 2020 | 32.40 | 35.10 | 32.40 | 35.10 | 34.26 | 160 |
| 6 Aug 2020 | 33.45 | 33.45 | 33.45 | 33.45 | 33.45 | 200 |
| 5 Aug 2020 | 34.65 | 34.65 | 34.65 | 34.65 | 34.65 | 50 |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 22 Oct 2018 | Price move | – | Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for. |
Each event is noted and not adjusted for.
Company details
- BSE code
- 533213
- ISIN
- INE773B01020
- Website
- www.fslindia.com
- CIN
- L65100DL1994PLC058837
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1994
- Registered office
- M- 6, IInd Floor, M- Block (Market), Greater Kailash - II, New Delhi 110048, Delhi
- Share registrar
- Link Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments