Frontier Alloy Steels Limited

Manufacturer of alloys castings, springs, and bogies for Indian Railways, with export to USA.

1986 | Kanpur Dehat, Uttar Pradesh (India) | Active
Last Updated: July 06, 2024

Frontier Alloy Steels Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 8.51 Cr
  • Company Age 38 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 87.81 Cr
  • Satisfied Charges ₹ 83.82 Cr
  • Revenue Growth 19.85%
  • Profit Growth 69.04%
  • Ebitda 61.42%
  • Net Worth 16.59%
  • Total Assets 20.01%

About Frontier Alloy Steels

Frontier Alloy Steels Limited (FASL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 June 1986 and has a history of 38 years and seven months. Its registered office is in Kanpur Dehat, Uttar Pradesh, India.

The Corporate was formerly known as Frontier Alloy Steels Private Limited. The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 12.00 Cr and a paid-up capital of Rs 8.51 Cr.

The company currently has active open charges totaling ₹87.81 Cr. The company has closed loans amounting to ₹83.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Frontier Alloy Steels Limited India is Gaurav Anand as COMPANY SECRETARY. Chetan Bhatia, Om Ahuja, Priya Bhatia, and Five other members serve as directors at the Company.

Company Details

  • Location

    Kanpur Dehat, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27105UP1986PLC007967

  • Company No.

    007967

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Jun 1986

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Transport and Logistics

What products or services does Frontier Alloy Steels Limited offer?

Frontier Alloy Steels Limited offers a wide range of products and services, including Machines & Equipments, Assembly Equipment, Railway, Railroad & Train Components, Railway Parts, Gearbox, Axle, Sprocket & Gear Parts, Automotive Gears, Air Springs & Compression Springs, Suspension Spring, Radiators & Accessories, Radiator Parts.

Who are the key members and board of directors at Frontier Alloy Steels?

Executive Team (2)

Name Designation Appointment Date Status
Chetan Bhatia Country flag representing In Managing Director 28-Sep-1991 Current
Gaurav Anand Country flag representing In Company Secretary 11-Jan-2022 Current

Board Members (7)

Name Designation Appointment Date Status
Om Ahuja Country flag representing In Director 02-Dec-2006 Current
Priya Bhatia Country flag representing In Director 01-Apr-2011 Current
Sonia Bhatia Country flag representing In Whole-Time Director 01-Apr-2014 Current
Dilip Dheer Country flag representing In Additional Director 28-Feb-2024 Current
Yash Sethi Country flag representing In Director 30-May-2018 Current
Chandan Bhatia Country flag representing In Whole-Time Director 01-Apr-2009 Current

Financial Performance of Frontier Alloy Steels.

Frontier Alloy Steels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.85% increase. The company also saw a substantial improvement in profitability, with a 69.04% increase in profit. The company's net worth Soared by an impressive increase of 16.59%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
19.85%
Revenue from Operations
19.85%
Total Assets
20.01%
Profit or Loss
69.04%
Net Worth
16.59%
EBITDA
61.42%

What is the Ownership and Shareholding Structure of Frontier Alloy Steels?

In 2023, Frontier Alloy Steels had a promoter holding of 99.06% and a public holding of 0.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹87.81 Cr

Satisfied Charges

₹83.82 Cr

Charges Breakdown by Lending Institutions

  • Others : 47.00 Cr
  • Hdfc Bank Limited : 15.48 Cr
  • Yes Bank Limited : 14.00 Cr
  • Axis Bank Limited : 11.00 Cr
  • Member Secretary Single Window Clearance Agency : 0.30 Cr
  • Others : 0.03 Cr

Latest Charge Details

Date Lender Amount Status
29 Aug 2023 Axis Bank Limited ₹11.00 Cr Open
14 Mar 2023 Hdfc Bank Limited ₹3.00 M Open
22 Feb 2022 Hdfc Bank Limited ₹5.00 M Open
02 Feb 2021 Hdfc Bank Limited ₹6.80 M Open
07 Sep 2020 Hdfc Bank Limited ₹14.00 Cr Open

How Many Employees Work at Frontier Alloy Steels?

Frontier Alloy Steels has a workforce of 603 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Frontier Alloy Steels, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Frontier Alloy Steels's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Frontier Alloy Steels

Recent activity within the organization

  • Director Appointment

    Dilip Kumar Dheer was appointed as a Additional Director was appointed as a Additional Director on 28 Feb 2024 & has been associated with this company since 11 months 4 days .

    28 Feb 2024

  • Annual General Meeting

    Frontier Alloy Steels Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 11.00 Cr with Charge ID 100781599 was registered on 29 Aug 2023.

    29 Aug 2023

  • Charges

    A charge registered on 20 Feb 2020 via Charge ID 100330312 with Hdfc Bank Limited was fully satisfied on 06 Jul 2023.

    06 Jul 2023

  • Charges

    A charge with Yes Bank Limited of Rs. 14.00 Cr registered on 15 Nov 2017 with Charge ID 100159400 was modified on 19 May 2023.

    19 May 2023

  • Charges

    A charge registered on 23 Dec 2019 via Charge ID 100316305 with Hdfc Bank Limited was fully satisfied on 05 Apr 2023.

    05 Apr 2023

Frequently asked questions

  • Frontier Alloy Steels Limited was incorporated on 12 Jun 1986.

  • The authorized share capital of Frontier Alloy Steels Limited is ₹ 12.00 Cr and paid-up capital is ₹ 8.51 Cr.

  • Currently 9 directors are associated with Frontier Alloy Steels Limited.

    • Chetan Bhatia
    • Om Prakash Ahuja
    • Gaurav Anand
    • Priya Bhatia
    • Sonia Bhatia
    • Dilip Kumar Dheer
    • Yash Pal Sethi
    • Chandan Bhatia
    • Manu Bhatia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Frontier Alloy Steels Limited is Km 25/5 & 6 Kalpi Road Rania, Kanpur Dehat, Uttar Pradesh, India, 209304.

  • The corporate identification number (CIN) of Frontier Alloy Steels Limited is U27105UP1986PLC007967 and the company number is 007967 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Frontier Alloy Steels Limited is https://www.frontieralloy.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Frontier Alloy Steels Limited has risen by 19.85%.

  • As Per 2023 financial reports, 603 employees are currently employed by Frontier Alloy Steels Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Frontier Alloy Steels Limited has experienced an upsurge of 16.59%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Frontier Alloy Steels Limited amount to ₹ 87.81 Cr.

  • The most recent Balance Sheet for Frontier Alloy Steels Limited was filed with the ROC on 31 Mar 2023.

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