Falcon Technoprojects India Ltd

Falcon Technoprojects India Ltd

₹ 15.6 -3.11%
18 Jul - close price
About

Incorporated in 2014, Falcon Technoprojects India Ltd provides Mechanical, Electrical and Plumbing services[1]

Key Points

Business Overview:[1]
FTPIL is a part of the Falcon Group of Companies.
It started as an electrical contracting firm and has since evolved to undertake turnkey electrical projects, primarily offering Electrical Engineering Services across Power, Process, Industrial, and Commercial sectors. These services encompass both High Tension (HT) and Low Tension (LT) segments, serving clients in both the public and private sectors. The company specializes in:
a) MEP Services – Mechanical, Electrical, Firefighting & Plumbing
b) Fire Alarm System
c) Networking System
d) Security & Surveillance System
e) CCTV & Access Control System
f) Intercom System
g) Solar Rooftop PV Module Installation
h) Solar Water Heater
i) Gate Automation System
j) Civil & Construction Work
k) Building Painting
l) Sliding Window, Grill, Railing and Fabrication Work

  • Market Cap 8.36 Cr.
  • Current Price 15.6
  • High / Low 72.0 / 15.3
  • Stock P/E 6.15
  • Book Value 41.7
  • Dividend Yield 0.00 %
  • ROCE 13.8 %
  • ROE 17.0 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.37 times its book value
  • Company has a good return on equity (ROE) track record: 3 Years ROE 28.4%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company might be capitalizing the interest cost
  • Working capital days have increased from 252 days to 401 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Half Yearly Results

Figures in Rs. Crores

Mar 2023 Sep 2023 Mar 2024 Sep 2024
6.83 5.75 5.70 12.63
6.25 4.80 5.10 11.58
Operating Profit 0.58 0.95 0.60 1.05
OPM % 8.49% 16.52% 10.53% 8.31%
-0.11 -0.25 0.02 0.01
Interest 0.00 0.00 0.00 0.00
Depreciation 0.02 0.01 0.01 0.01
Profit before tax 0.45 0.69 0.61 1.05
Tax % 24.44% 53.62% 11.48% 22.86%
0.35 0.33 0.54 0.82
EPS in Rs 7.00 0.85 1.40 1.53
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
9.43 22.86 16.54 11.44 18.33
8.41 20.70 14.24 9.22 16.68
Operating Profit 1.02 2.16 2.30 2.22 1.65
OPM % 10.82% 9.45% 13.91% 19.41% 9.00%
0.03 0.04 -0.10 -0.23 0.03
Interest 0.57 0.76 0.98 0.67 0.00
Depreciation 0.07 0.05 0.03 0.02 0.02
Profit before tax 0.41 1.39 1.19 1.30 1.66
Tax % 29.27% 25.90% 24.37% 33.85%
0.30 1.03 0.90 0.87 1.36
EPS in Rs 6.00 20.60 18.00 2.25 2.93
Dividend Payout % 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 7%
TTM: 46%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 52%
TTM: 53%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -78%
Return on Equity
10 Years: %
5 Years: %
3 Years: 28%
Last Year: 17%

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 0.50 0.50 0.50 3.87 5.36
Reserves 0.78 1.81 2.87 5.14 17.34
7.30 9.62 12.30 7.69 4.04
8.63 9.87 6.30 4.35 12.81
Total Liabilities 17.21 21.80 21.97 21.05 39.55
3.93 3.88 3.85 2.02 2.06
CWIP 0.00 0.00 0.00 0.00 0.00
Investments 0.07 0.07 0.35 0.36 0.10
13.21 17.85 17.77 18.67 37.39
Total Assets 17.21 21.80 21.97 21.05 39.55

Cash Flows

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
3.16 -1.54 -1.43 0.71
-2.51 0.00 0.20 1.46
-0.70 1.66 1.24 -0.50
Net Cash Flow -0.06 0.12 0.01 1.67

Ratios

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 60.77 78.72 115.86 110.39
Inventory Days 577.92 213.09 339.87 612.78
Days Payable 442.66 177.15 118.94 104.85
Cash Conversion Cycle 196.03 114.66 336.78 618.33
Working Capital Days 127.34 103.78 250.91 401.05
ROCE % 20.97% 16.67% 13.78%

Shareholding Pattern

Numbers in percentages

40 Recently
Sep 2024Dec 2024Mar 2025
60.81% 60.81% 60.81%
39.19% 39.19% 39.19%
No. of Shareholders 940908868

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