💰 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.