Falcon Technoprojects India Ltd
Incorporated in 2014, Falcon Technoprojects India Ltd provides Mechanical, Electrical and Plumbing services[1]
- Market Cap ₹ 35.2 Cr.
- Current Price ₹ 13.2
- High / Low ₹ 23.2 / 9.93
- Stock P/E 11.6
- Book Value ₹ 9.60
- Dividend Yield 0.00 %
- ROCE 9.55 %
- ROE 12.5 %
- Face Value ₹ 10.0
Pros
- Company's working capital requirements have reduced from 232 days to 150 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.4% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 162 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.
Peer comparison
Services Services Commercial Services & Supplies Diversified Commercial Services
Part of Nifty SME Emerge
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 9.43 | 22.86 | 16.54 | 11.44 | 26.47 | 57.34 | |
| 8.41 | 20.70 | 14.24 | 9.22 | 24.15 | 53.19 | |
| Operating Profit | 1.02 | 2.16 | 2.30 | 2.22 | 2.32 | 4.15 |
| OPM % | 10.82% | 9.45% | 13.91% | 19.41% | 8.76% | 7.24% |
| 0.03 | 0.04 | -0.10 | -0.23 | 0.02 | 0.05 | |
| Interest | 0.57 | 0.76 | 0.98 | 0.67 | 0.64 | 0.00 |
| Depreciation | 0.07 | 0.05 | 0.03 | 0.02 | 0.04 | 0.06 |
| Profit before tax | 0.41 | 1.39 | 1.19 | 1.30 | 1.66 | 4.14 |
| Tax % | 29.27% | 25.90% | 24.37% | 33.85% | 29.52% | 27.05% |
| 0.30 | 1.03 | 0.90 | 0.87 | 1.17 | 3.03 | |
| EPS in Rs | 1.20 | 4.12 | 3.60 | 0.45 | 0.44 | 1.13 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 43% |
| 3 Years: | 51% |
| TTM: | 117% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 59% |
| 3 Years: | 45% |
| TTM: | 159% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -41% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 11% |
| Last Year: | 13% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.50 | 0.50 | 0.50 | 3.87 | 5.36 | 5.36 |
| Reserves | 0.78 | 1.81 | 2.87 | 5.14 | 17.34 | 20.36 |
| 7.30 | 9.62 | 12.30 | 7.69 | 4.04 | 34.27 | |
| 8.63 | 9.87 | 6.30 | 4.35 | 12.81 | 14.30 | |
| Total Liabilities | 17.21 | 21.80 | 21.97 | 21.05 | 39.55 | 74.29 |
| 3.93 | 3.88 | 3.85 | 2.02 | 2.06 | 2.04 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.07 | 0.07 | 0.35 | 0.08 | 0.10 | 0.10 |
| 13.21 | 17.85 | 17.77 | 18.95 | 37.39 | 72.15 | |
| Total Assets | 17.21 | 21.80 | 21.97 | 21.05 | 39.55 | 74.29 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 3.16 | -1.54 | -1.43 | 0.63 | -8.60 | -29.68 | |
| -2.51 | 0.00 | 0.20 | 1.54 | -1.37 | 0.15 | |
| -0.70 | 1.66 | 1.24 | -0.50 | 8.23 | 29.50 | |
| Net Cash Flow | -0.06 | 0.12 | 0.01 | 1.67 | -1.74 | -0.02 |
| Free Cash Flow | 0.67 | -1.54 | -1.43 | 2.21 | -8.68 | -29.72 |
| CFO/OP | 310% | -71% | -48% | 48% | -350% | -690% |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 60.77 | 78.72 | 115.86 | 110.39 | 268.06 | 161.56 |
| Inventory Days | 577.92 | 213.09 | 339.87 | 612.78 | 260.20 | |
| Days Payable | 442.66 | 177.15 | 118.94 | 104.85 | 171.77 | |
| Cash Conversion Cycle | 196.03 | 114.66 | 336.78 | 618.33 | 356.49 | 161.56 |
| Working Capital Days | -6.19 | 48.06 | 156.02 | 264.50 | 282.26 | 149.65 |
| ROCE % | 20.97% | 16.67% | 13.78% | 10.59% | 9.55% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Trade Receivables Turnover Ratio ratio |
|
||
| Cumulative Solar Water Pumping Units Installed units |
|||
| Number of Permanent Employees number |
|||
| Cumulative Delivered Projects Since Inception number |
|||
| Geographic Presence (States Covered) States |
|||
| Ongoing Project Value ₹ Lakhs |
|||
Extracted by Screener AI
Documents
Announcements
-
Change in Auditors
10 June 2026 - Board approved rights issue up to ₹24 crore, office shift, and secretarial auditor appointment.
-
Address Change
10 June 2026 - Board approved rights issue up to Rs24 crore; also changed registered office and appointed secretarial auditor.
-
Outcome of Board Meeting
10 June 2026 - Board approved rights issue up to Rs 24 crore, shifted registered office in Mumbai, and appointed secretarial auditor.
-
Outcome of Board Meeting
28 May 2026 - Board approved audited FY26 and half-year results on May 28, 2026; auditors issued unmodified opinion.
-
Related Party Transactions
28 May 2026 - Board approved FY26 and H1 FY26 audited results with unmodified audit opinion on May 28, 2026.
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