Frog Innovations (NSE:FROG) Earnings per Share (Diluted): ₹11.13 (TTM As of Sep. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:FROG Frog Innovations Ltd NSE:FROG
75 GF Score
Price ₹247.45
GF Value ₹355.20
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Frog Innovations Earnings per Share (Diluted)?

Frog Innovations NSE:FROG -3.96% 75 Earnings per Share (Diluted) is ₹11.13 as of Sep. 2025. GuruFocus rates NSE:FROG with a GF Score™ of 75/100 and a GF Value™ of ₹355.20 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,898 Hardware companies, Frog Innovations ranks better than 69.44% on this metric.

Frog Innovations's Earnings per Share (Diluted) for the six months ended in Sep. 2025 was ₹-0.66. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 was ₹11.13.

Frog Innovations's EPS (Basic) for the six months ended in Sep. 2025 was ₹-0.66. Its EPS (Basic) for the trailing twelve months (TTM) ended in Sep. 2025 was ₹11.13.

Frog Innovations's EPS without NRI for the six months ended in Sep. 2025 was ₹-0.66. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2025 was ₹11.37.

During the past 12 months, Frog Innovations's average EPS without NRIGrowth Rate was 27.70% per year. During the past 3 years, the average EPS without NRIGrowth Rate was 17.00% per year. During the past 5 years, the average EPS without NRI Growth Rate was 54.40% per year.

During the past 6 years, Frog Innovations's highest 3-Year average EPS without NRI Growth Rate was 137.10% per year. The lowest was 12.80% per year. And the median was 17.00% per year.


Frog Innovations  (NSE:FROG) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Frog Innovations Earnings per Share (Diluted) Related Terms


Frog Innovations Earnings per Share (Diluted) Historical Data

* Premium members only.

The historical data trend for Frog Innovations's Earnings per Share (Diluted) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frog Innovations Earnings per Share (Diluted) Chart

Frog Innovations Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Earnings per Share (Diluted)
Get a 7-Day Free Trial 9.27 9.59 11.41 10.08 15.22

Frog Innovations Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Earnings per Share (Diluted) Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.43 6.65 3.43 11.79 -0.66

NSE:FROG vs CSCO, MSI, LITE: Earnings per Share (Diluted) Comparison

For the Communication Equipment subindustry, Frog Innovations's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Frog Innovations PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Frog Innovations's PE Ratio distribution charts can be found below:

* The bar in red indicates where Frog Innovations's PE Ratio falls into.


NSE:FROG
75GF Score
Frog Innovations Ltd NSE:FROG
Earnings per Share (Diluted) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frog Innovations Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

Frog Innovations's Earnings Per Share (Diluted) for the fiscal year that ended in Mar. 2025 is calculated as

Diluted Earnings Per Share (A: Mar. 2025 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(235.502-0)/15.474
=15.22

Frog Innovations's Earnings Per Share (Diluted) for the quarter that ended in Sep. 2025 is calculated as

Diluted Earnings Per Share (Q: Sep. 2025 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(-10.202-0)/15.490
=-0.66

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹11.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.

What does a Earnings per Share (Diluted) of ₹11.13 mean?
Frog Innovations (NSE:FROG) has a Earnings per Share (Diluted) of ₹11.13 as of Sep. 2025. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Frog Innovations and its competitors. According to the industry distribution chart, Frog Innovations ranks #580 out of 1898 companies in the Hardware industry, placing it in the top 30.6%.
Is Frog Innovations' Earnings per Share (Diluted) too high?
Frog Innovations' current Earnings per Share (Diluted) is ₹11.13. Based on the distribution chart, Frog Innovations ranks #580 out of 1898 companies in the Hardware industry, which is above the industry midpoint. Overall, Frog Innovations has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Frog Innovations' Earnings per Share (Diluted) compare to CSCO and MSI?
According to the Hardware industry distribution chart, Frog Innovations ranks #580 out of 1898 companies for Earnings per Share (Diluted). This puts Frog Innovations in the upper half of its industry. The industry median Earnings per Share (Diluted) is 1.85. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for a Hardware company?
The median Earnings per Share (Diluted) among Hardware companies is 1.85, based on 1,898 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Frog Innovations and its competitors. For the Hardware industry, the median Earnings per Share (Diluted) is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frog Innovations's current Earnings per Share (Diluted) is ₹11.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frog Innovations stock overvalued right now?
Based on GuruFocus' analysis, Frog Innovations (NSE:FROG) is currently considered Possible Value Trap. The stock's GF Value™ is ₹355.20, compared to a current price of ₹247.45 — trading 30.3% below its estimated fair value. The current Earnings per Share (Diluted) is ₹11.13. Frog Innovations' overall GF Score™ is 75/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For Frog Innovations (NSE:FROG), the current Earnings per Share (Diluted) is ₹11.13 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Frog Innovations (NSE:FROG) Overvalued in 2026?

Based on GuruFocus' analysis, Frog Innovations stock appears to be undervalued. The current stock price of ₹247.45 is trading 30.3% below its estimated GF Value™ of ₹355.20. GuruFocus considers Frog Innovations to be Possible Value Trap.

Key valuation signals for NSE:FROG:

  • Earnings per Share (Diluted): ₹11.13
  • GF Value™: ₹355.20 vs. price of ₹247.45 (30.3% below fair value)
  • GF Score™: 75/100 with 7 warning signs

No single metric tells the full story. See the NSE:FROG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Frog Innovations Business Description

Address C-23, Sector 80, 2nd Floor, Phase 2, Noida, UP, IND, 201305
Frog Innovations Ltd is a company engaged in manufacturing telecom equipment used by telecom operators, especially in Telecom Towers. The company manufactures 2G/3G/4G/5G Multi-band Digital RF Repeaters, Multi-band Frequency Shift Repeaters, Multi-band Optical DAS systems, relative software, and accessories. The company also offers In-Building Coverage Planning and Design services along with Radio Access Network (RAN) and Backhaul Network installation services. The company collectively operates only in one business segment manufacturing and installation of in-building coverage solutions and mobile network accessories for mobile service providers and operators. It provides its products and services across Asia, Europe, Africa, and the Middle East.
75GF Score

Get the complete analysis for NSE:FROG

Earnings per Share (Diluted) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹247.45
Price
₹355.20
GF Value