Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Frog Innovations's share price for the quarter that ended in Sep. 2025 was ₹240.2. Frog Innovations's Shares Outstanding (EOP) for the quarter that ended in Sep. 2025 was 15 Mil. Therefore, Frog Innovations's market cap for the quarter that ended in Sep. 2025 was ₹3,721 Mil.
Frog Innovations's quarterly market cap
declined
from Sep. 2024 (₹4,660 Mil) to Mar. 2025 (₹3,378 Mil) but then
increased
from Mar. 2025 (₹3,378 Mil) to Sep. 2025 (₹3,721 Mil).
Frog Innovations's annual market cap
increased
from Mar. 2023 (₹2,181 Mil) to Mar. 2024 (₹2,542 Mil) and
increased
from Mar. 2024 (₹2,542 Mil) to Mar. 2025 (₹3,378 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Frog Innovations's Enterprise Value for Today is ₹2,685 Mil.
Frog Innovations (NSE:FROG) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Frog Innovations Market Cap Related Terms
Frog Innovations Market Cap Historical Data
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The historical data trend for Frog Innovations's Market Cap 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.
NSE:FROG vs CSCO, CIEN, MSI: Market Cap Comparison
For the Communication Equipment subindustry, Frog Innovations's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Hardware Industry
For the Hardware industry and Technology sector, Frog Innovations's Market Cap distribution charts can be found below:
* The bar in red indicates where Frog Innovations's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Frog Innovations's Market Cap for the fiscal year that ended in Mar. 2025 is calculated as
* 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 (NSE:FROG) has a Market Cap of ₹2,610 Mil as of Jun. 29, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Frog Innovations and its competitors. According to the industry distribution chart, Frog Innovations ranks #2063 out of 2521 companies in the Hardware industry, placing it in the top 81.8%.
Is Frog Innovations' Market Cap too high?
Frog Innovations' current Market Cap is ₹2,610 Mil. Based on the distribution chart, Frog Innovations ranks #2063 out of 2521 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Frog Innovations has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Frog Innovations' Market Cap compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Frog Innovations ranks #2063 out of 2521 companies for Market Cap. This places Frog Innovations in the lower half of its industry. The industry median Market Cap is 204.10. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Hardware company?
The median Market Cap among Hardware companies is 204.10, based on 2,521 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Frog Innovations and its competitors. For the Hardware industry, the median Market Cap is 204.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frog Innovations's current Market Cap is ₹2,610 Mil. 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 ₹344.02, compared to a current price of ₹168.05 — trading 51.2% below its estimated fair value. The current Market Cap is ₹2,610 Mil. Frog Innovations' overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Frog Innovations (NSE:FROG), the current Market Cap is ₹2,610 Mil as of Jun. 29, 2026. 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 ₹168.05 is trading 51.2% below its estimated GF Value™ of ₹344.02.
GuruFocus considers Frog Innovations to be Possible Value Trap.
Key valuation signals for NSE:FROG:
Market Cap: ₹2,610 Mil
GF Value™: ₹344.02 vs. price of ₹168.05 (51.2% below fair value)
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 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.
70GF Score
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