FALCONTECH - Falcon
Financial Performance
Revenue Growth by Segment
Not disclosed in available documents. The company operates as a single segment MEP (Mechanical, Electrical, Plumbing) Consultant & Contractor.
Geographic Revenue Split
Not disclosed in available documents. The company has a presence in Bengaluru, Goa, Hyderabad, Jaipur, Mumbai, Pune, and Surat.
Profitability Margins
Net Profit Ratio declined from 7.58% in FY24 to 4.41% in FY25, representing a 42% decrease in net profitability. Return on Equity (ROE) also dropped from 14.02% to 7%, a 48% decrease.
EBITDA Margin
Not explicitly disclosed, however, Return on Capital Employed (ROCE) decreased from 16.41% in FY24 to 6.77% in FY25, a 59% decline, indicating a significant drop in core operational efficiency.
Capital Expenditure
The company is increasing its Authorized Share Capital from INR 20 Cr to INR 30 Cr (a 50% increase) to support future growth and capital requirements.
Credit Rating & Borrowing
Debt-Equity Ratio improved significantly from 0.85 in FY24 to 0.18 in FY25, a 79% reduction in leverage. Debt Service Coverage Ratio (DSCR) moved from 0.51 to 0.59, a 16% change.
Operational Drivers
Raw Materials
Not disclosed in available documents. As an MEP contractor, typical materials include electrical components, plumbing fixtures, and HVAC systems.
Import Sources
Not disclosed in available documents.
Key Suppliers
Not disclosed in available documents.
Capacity Expansion
Not disclosed in units; however, the company is expanding its financial capacity by increasing authorized share capital by INR 10 Cr (50% increase) as of October 2025.
Raw Material Costs
Not disclosed in available documents.
Manufacturing Efficiency
Not applicable as a service-based MEP contractor. However, Inventory Turnover Ratio improved from 0.61 to 0.79, a 28% increase in efficiency.
Logistics & Distribution
Not disclosed in available documents.
Strategic Growth
Expected Growth Rate
Not disclosed in available documents.
Growth Strategy
The company is increasing its authorized share capital by 50% (from INR 20 Cr to INR 30 Cr) to facilitate expansion. It maintains a multi-city presence across 7 major Indian hubs to capture regional infrastructure and construction demand.
Products & Services
MEP (Mechanical, Electrical, and Plumbing) consultancy and contracting services for infrastructure and building projects.
Brand Portfolio
Falcon Technoprojects India Limited.
New Products/Services
Not disclosed in available documents.
Market Expansion
The company currently operates in Bengaluru, Goa, Hyderabad, Jaipur, Mumbai, Pune, and Surat. Expansion is supported by the INR 10 Cr increase in authorized capital.
Market Share & Ranking
Not disclosed in available documents.
Strategic Alliances
Not disclosed in available documents.
External Factors
Industry Trends
The MEP industry is evolving toward integrated project solutions. Falcon positions itself as providing 'Project Solutions Under One Roof' to address this trend.
Competitive Landscape
Operates in a fragmented MEP contracting market with competition from both local contractors and large-scale engineering firms.
Competitive Moat
The company's moat is based on its multi-city service network and its status as an SME-listed entity, which provides certain regulatory exemptions and local market access.
Macro Economic Sensitivity
Highly sensitive to the construction and infrastructure sector cycles in India.
Consumer Behavior
Not disclosed in available documents.
Geopolitical Risks
Not disclosed in available documents.
Regulatory & Governance
Industry Regulations
Compliance with MEP standards and construction safety norms. The company is exempt from certain SEBI corporate governance disclosures (Regulations 17-27) due to its listing on the SME Exchange and having a net worth below INR 25 Cr.
Environmental Compliance
Not disclosed in available documents.
Taxation Policy Impact
Not disclosed in available documents.
Legal Contingencies
Not disclosed in available documents.
Risk Analysis
Key Uncertainties
Significant decline in Return on Capital Employed (from 16.41% to 6.77%) and Net Profit Ratio (from 7.58% to 4.41%) indicates margin pressure.
Geographic Concentration Risk
Operations are concentrated in Western and Southern India (Maharashtra, Gujarat, Karnataka, Telangana, Goa, Rajasthan).
Third Party Dependencies
Not disclosed in available documents.
Technology Obsolescence Risk
Not disclosed in available documents.
Credit & Counterparty Risk
Trade Receivables Turnover Ratio decreased by 56% (from 2.63 to 1.16), suggesting increased credit risk or slower payments from project clients.