Frontline Corporation Limited

Company engages in trading, transportation, wind energy generation, and property rental services in India.

1989 | Kolkata, West Bengal (India) | Active
Last Updated: November 16, 2024

Frontline Corporation Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 4.98 Cr
  • Company Age 35 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 427.20 Cr
  • Satisfied Charges ₹ 77.21 Cr
  • Revenue Growth 7.73%
  • Profit Growth 86.90%
  • Ebitda 129.35%
  • Net Worth 32.01%
  • Total Assets 4.96%

About Frontline Corporation

Frontline Corporation Limited (FCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 December 1989 and has a history of 35 years and two months. Its registered office is in Kolkata, West Bengal, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532042.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 4.98 Cr.

The company currently has active open charges totaling ₹427.20 Cr. The company has closed loans amounting to ₹77.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Frontline Corporation Limited India are Sureshkumar Verma as COMPANY SECRETARY and Komal Shah as Cfo. Narayan Agarwal, Pawankumar Agarwal, Aarefa Kapasi, and Five other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L63090WB1989PLC099645

  • Company No.

    099645

  • Stock Symbol

    BSE : 532042

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Dec 1989

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Financial Services
Automotive
Transport and Logistics
Environment

Who are the key members and board of directors at Frontline Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Pawankumar Agarwal Country flag representing In Managing Director04-Dec-1989Current
Sureshkumar Verma Country flag representing In Company Secretary04-Aug-2004Current
Komal Shah CFO10-Jun-2021Current

Board Members (7)

NameDesignationAppointment DateStatus
Dipika Soni Country flag representing In Director 25-Aug-2020Current
Dipen Dalal Country flag representing In Director 29-Jun-2021Current
Narayan Agarwal Country flag representing In Director 04-Dec-1989Current
Aarefa Kapasi Country flag representing In Director 23-Mar-2015Current
Ummay Mashraqi Country flag representing In Director 18-Jun-2024Current
Saurabh Jhunjhunwala Country flag representing In Director 01-Dec-1999Current

Financial Performance of Frontline Corporation.

Frontline Corporation Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.73% increase. The company also saw a substantial improvement in profitability, with a 86.9% increase in profit. The company's net worth Soared by an impressive increase of 32.01%.

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
7.73%
Revenue from Operations
6.87%
Total Assets
4.96%
Profit or Loss
86.90%
Net Worth
32.01%
EBITDA
129.35%

What is the Ownership and Shareholding Structure of Frontline Corporation?

In 2023, Frontline Corporation had a promoter holding of 48.63% and a public holding of 51.36%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹427.20 Cr

Satisfied Charges

₹77.21 Cr

Charges Breakdown by Lending Institutions

  • Uco Bank : 293.00 Cr
  • Punjab & Sind Bank : 84.75 Cr
  • Jammu & Kashmir Bank Limited : 25.00 Cr
  • Punjab National Bank : 10.00 Cr
  • Others : 8.69 Cr
  • Others : 5.77 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jul 2024Others₹0.60 MOpen
12 Jul 2024Others₹0.80 MOpen
30 Apr 2024Others₹2.00 MOpen
21 Mar 2024Others₹1.00 MOpen
02 Mar 2024Others₹2.00 CrOpen

How Many Employees Work at Frontline Corporation?

Unlock and access historical data on people associated with Frontline Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Frontline Corporation, 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 Frontline Corporation'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 Frontline Corporation

Recent activity within the organization

  • Annual General Meeting

    Frontline Corporation Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 0.06 Cr with Charge ID 100971620 was registered on 26 Jul 2024.

    26 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 0.08 Cr with Charge ID 100971692 was registered on 12 Jul 2024.

    12 Jul 2024

  • Director Appointment

    Ummay Amen Mashraqi was appointed as a Director was appointed as a Director on 18 Jun 2024 & has been associated with this company since 8 months 5 days .

    18 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100911436 was registered on 30 Apr 2024.

    30 Apr 2024

  • Balance Sheet

    Frontline Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Frontline Corporation Limited was incorporated on 04 Dec 1989.

  • The authorized share capital of Frontline Corporation Limited is ₹ 6.00 Cr and paid-up capital is ₹ 4.98 Cr.

  • Currently 10 directors are associated with Frontline Corporation Limited.

    • Narayan Prasad Agarwal
    • Pawankumar Agarwal
    • Aarefa Kutub Kapasi
    • Sureshkumar Verma
    • Komal Mihir Shah
    • Ummay Amen Mashraqi
    • Dipen Ashit Dalal
    • Dipika Pradeep Soni
    • Saurabh Jhunjhunwala
    • Ram Prasad Agarwala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Frontline Corporation Limited is 4 B.B.D. Bag (East) Stephen House Room No - 5 1St Floor, India, Kolkata, West Bengal, 700001.

  • The corporate identification number (CIN) of Frontline Corporation Limited is L63090WB1989PLC099645 and the company number is 099645 as per Ministry of Corporate Affairs (MCA).

  • Yes, Frontline Corporation Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Frontline Corporation Limited is https://www.frontlinecorporation.org

  • According to the financial reports for the fiscal year 2023, the revenue trend for Frontline Corporation Limited has risen by 7.73%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Frontline Corporation Limited has experienced an upsurge of 32.01%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Frontline Corporation Limited amount to ₹ 427.20 Cr.

  • The most recent Balance Sheet for Frontline Corporation Limited was filed with the ROC on 31 Mar 2024.

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