Falcon Technoprojects India Limited is Set to Raise Rs. 21.43 crore Through a Rights issue

Business Activities: Incorporated in 2010, Falcon Technoprojects India Limited is a Mumbai-based engineering company that provides integrated MEP solutions, including mechanical, electrical, firefighting and plumbing, as well as fire alarm, networking, security and surveillance, CCTV and access control, intercom systems, solar rooftop PV installation, solar water heating, gate automation, civil and construction work, building painting, sliding windows, grills, railing and fabrication services. The company’s expertise lies in execution of projects related to electrical systems and ELVHVAC systems, firefighting and fire alarm systems, civil and interior works, plumbing and PHE systems.

The company has been working across India since 2010 and delivering with a focus on execution. In June 2024, the company was listed on the NSE Emerge platform. The company’s biggest identity is its commitment to good governance along with adherence to fair and transparent business practices. The company is ISO 9001:2015 certified. Increasing presence in government, public sector undertakings, industrial, commercial and private sector projects is establishing Falcon as a scalable platform in line with India’s infrastructure development. Government-recognized licenses and a strong compliance culture are helping the company achieve sustainable growth. The company’s key strengths are trust and integrity, technical expertise and discipline in execution. In the future, the company’s focus is on responsible expansion, strengthening governance and creating sustainable value.

Information Regarding the Rights Issue: The last date for entitlement credit of the company’s rights issue is March 31, 2026 and the record date is March 27, 2026. The company is raising Rs. 21.43 crore through the rights issue. The rights issue will open on April 7, 2026 and close on April 16, 2026. Credit of equity shares is proposed on April 17, 2026 and listing on April 20, 2026.

Financial Performance: In financial year 2023, the company recorded total revenue of Rs. 16.57 crore and profit after tax of Rs. 0.90 crore; in financial year 2024, total revenue of Rs. 11.47 crore and profit after tax of Rs. 0.87 crore; and in financial year 2025, total revenue of Rs. 26.50 crore and profit after tax of Rs. 1.17 crore. For the period ending September 30, 2025 of financial year 2026, the company recorded total revenue of Rs. 14.02 crore and profit after tax of Rs. 0.39 crore.

According to the company’s management, in financial year 2026 the company is expected to achieve total revenue of Rs. 49.05 crore and profit after tax of Rs. 2.46 crore, and in financial year 2027 total revenue of Rs. 100.05 crore and profit after tax of Rs. 6.16 crore. Currently, the company’s total assets stand at Rs. 63.83 crore.

Note: This article is not investment advice.