Falcon Technoprojects India Limited (FALCONTECH)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Falcon Technoprojects' revenue was ₹43.4 Cr (+213.2% year on year, +210.1% on the previous half-year), and net profit ₹2.6 Cr (+654.3% year on year); the operating margin was 8.2%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹43.4 | +213.2% | +210.1% |
| Operating profit | ₹3.6 | +465.1% | +493.3% |
| Net profit | ₹2.6 | +654.3% | +576.9% |
| EPS (₹) | 0.99 | +661.5% | +560.0% |
| Operating margin | 8.2% | — | — |
FALCONTECH delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 100.0% of the FALCONTECH shares traded on NSE were taken to delivery, against the stock's own 20-session average of 86.35%. That is close to its usual level. Turnover was only ₹1 lakh, so a handful of trades can move this figure.
Delivery in the last 5 sessions: 75.0% · 100.0% · 100.0% · 100.0% · 100.0%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Falcon Technoprojects India Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate was issued by the company's Registrar and Share Transfer Agent, KFIN Technologies Limited, to both CDSL and NSDL on October 1, 2026. This confirms that all securities received for dematerialization or rematerialization during the quarter were duly processed. This is a purely procedural regulatory filing with zero impact on operations or financials.
- Compliance certificate submitted under Regulation 74(5) of SEBI Regulations, 2018
- Covers the quarter ended September 30, 2026
- Issued by RTA KFIN Technologies Limited dated October 1, 2026
Falcon Technoprojects India Limited announced the voting results and scrutinizer's report for its 12th Annual General Meeting held on August 13, 2026. Shareholders approved all three ordinary resolutions proposed in the notice with 24,03,897 valid votes cast. The passed resolutions include the adoption of FY26 audited financial statements, the re-appointment of Managing Director Bharat Shreekishan Parihar, and the appointment of Ms. Alpana Sethia as Secretarial Auditor for a five-year term up to 2031.
- All 3 ordinary resolutions approved at the 12th AGM held on August 13, 2026
- Total valid votes cast across remote e-voting and AGM e-voting stood at 24,03,897 shares
- Re-appointment of MD Bharat Shreekishan Parihar approved with 23,82,297 votes in favor and 21,600 against
- Appointment of Ms. Alpana Sethia as Secretarial Auditor approved for a 5-year term until the 17th AGM in 2031
Falcon Technoprojects India Limited conducted its 12th Annual General Meeting (AGM) on August 13, 2026. Shareholders transacted three key resolutions: the adoption of audited financial statements for FY26, the re-appointment of Managing Director Bharat Shreekishan Parihar, and the appointment of a Secretarial Auditor for a five-year term. The company reported TTM revenue of Rs 84 Cr and a PAT of Rs 4 Cr, though it faces margin pressure with OPM at 7.0%. The meeting was held virtually and concluded within 26 minutes.
- Adoption of Audited Financial Statements for the year ended March 31, 2026, featuring TTM revenue of Rs 84 Cr.
- Re-appointment of Bharat Shreekishan Parihar (DIN: 06945020) as a Director retiring by rotation.
- Appointment of Ms. Alpana Sethia as Secretarial Auditor for a 5-year term until 2031.
- Meeting concluded at 12:56 PM IST, lasting approximately 26 minutes from its 12:30 PM start.
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.
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.
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.
Strategic Growth
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.
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.
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.
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.
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).
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.
