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Frontier Capital Limited reported Rs 291.21 lakhs in Stage 1 assets with zero NPAs
13-Aug-2026, 09:59
Frontier Capital Limited reported Rs 291.21 lakhs in Stage 1 assets and zero non-performing assets for the year ended March 31, 2026, according to a review of the company’s financial statements prepared in accordance with Indian Accounting Standards (Ind AS) and Reserve Bank of India (RBI) guidelines. The company’s sectoral exposure reveals a significant concentration of Rs 291.21 lakhs in the Services sector, potentially presenting risk if that industry experiences a downturn. While the absence of NPAs indicates strong asset quality, a difference exists between impairment provisions calculated under Ind AS 109 and Income Recognition norms, warranting further investigation. Key regulatory ratios, including the Capital to Risk-Weighted Assets Ratio (CRAR), Gross Non-Performing Assets (GNPA), and Net Non-Performing Assets (NNPA), were not included in the excerpt.
Frontier Capital Limited reported Rs 291.21 lakhs in Stage 1 assets and zero non-performing assets for the year ended March 31, 2026, according to a review of the company’s financial statements prepared in accordance with Indian Accounting Standards (Ind AS) and Reserve Bank of India (RBI) guidelines. The company’s sectoral exposure reveals a significant concentration of Rs 291.21 lakhs in the Services sector, potentially presenting risk if that industry experiences a downturn. While the absence of NPAs indicates strong asset quality, a difference exists between impairment provisions calculated under Ind AS 109 and Income Recognition norms, warranting further investigation. Key regulatory ratios, including the Capital to Risk-Weighted Assets Ratio (CRAR), Gross Non-Performing Assets (GNPA), and Net Non-Performing Assets (NNPA), were not included in the excerpt.