BSE: 544164
Faalcon Concepts Limited
Designs, fabricates, supplies and installs glass, glazing, aluminium facade and Aluminium Composite Panel (ACP) work for buildings across India. Recent disclosed contracts include a Rs. 101.92 crore aluminium glazing facade order at the Splendor ONYX commercial building in Noida (3-year duration), a Rs. 3.11 crore glass/glazing order from Sanskriti University in Mathura, a Rs. 2.87 crore glass/glazing order at Aakash Hospital in Dwarka, New Delhi, a Rs. 2.53 crore ACP order at the MAHSR C4 project site in Vapi, Gujarat, and smaller residential orders such as the Tushti Homes LLP job in DLF Phase 5, Gurugram. In September 2025 the company acquired a 53% equity stake in Chrome Coaters Private Limited via a non-cash preferential allotment; that subsidiary contributed approximately 6.5 months to FY26 consolidated revenue. Customers are domestic real-estate developers, builders, infrastructure firms, universities and hospital/medical facility operators. Standalone FY26 revenue was Rs. 3,000.71 lakh with standalone net profit of Rs. 292.50 lakh; consolidated FY26 revenue was Rs. 3,387.29 lakh and consolidated net profit after minority interest was Rs. 316.31 lakh. Per the disclosed cost shape, employee cost was 11.3% of revenue and other opex was 15.4% of revenue; the facts state materials as 0% of revenue. Net worth stood at Rs. 44.73 crore and outstanding borrowings at Rs. 4.46 crore as of March 2026. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Glass, glazing and windows installation, Aluminium facade and ACP work, Chrome Coaters subsidiary. Project-based, order-driven building facade contractor; BSE SME-listed; recently consolidated with a metal-coating subsidiary.
Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 34 |
| EBITDA (ex other income) | — |
| margin % | — |
| Owners' profit | — |
| EPS, as reported (₹) | 3.77 |
| ROE % · ROCE % | — · 11.2 |
| Debt / equity (x) | — |
| Cash from operations | 0 |
| Capex | (0) |
Exhibit 2: Quarterly performance, last 2 quarters
| ₹ crore | Q2 FY26 | Q4 FY26 |
|---|---|---|
| Revenue | 14 | 20 |
| Profit before tax | 2 | 3 |
| Net profit | — | — |
| EPS (₹) | 1.79 | 1.98 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ADITYA INFOTECH LIMITED | 46,786 | 97.2 | 24.93 | 80.7 | 19.6 | 24.5 | — | 14.8 |
| SYRMA SGS TECHNOLOGY LTD | 29,194 | 78.7 | 9.52 | 50.8 | 11.3 | 13.4 | — | 11.1 |
| HONEYWELL AUTOMATION IND | 27,680 | 50.5 | 6.20 | — | 11.8 | 15.5 | — | 18.2 |
| KAYNES TECHNOLOGY IND LTD | 22,459 | 64.9 | 4.72 | 31.9 | 7.6 | 9.8 | — | 17.1 |
| JYOTI CNC AUTOMATION LTD | 21,078 | 65.5 | 10.53 | 37.3 | 16.8 | 19.2 | — | 22.2 |
| LMW LIMITED | 17,356 | 99.3 | 6.05 | 56.2 | 4.6 | 5.9 | 13.2 | 11.9 |
| TEGA INDUSTRIES LIMITED | 13,374 | 469.7 | 3.93 | 40.0 | 4.2 | 5.4 | — | 4.2 |
| LLOYDS ENGG WORK LIMITED | 12,314 | 48.4 | 7.32 | 50.2 | 11.7 | 11.5 | — | 15.0 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 9.6 | 26.5 | 25 of 130 | 81% |
| ROCE | 9.3 | 11.3 | 86 of 142 | 40% |
| Market cap | 35 | 279 | 118 of 141 | 16% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 9 Oct 2026 · No investor complaints in Q2 FY26-27 - SEBI compliance filing | compliance | minimal | — | — |
| 8 Oct 2026 · RTA Compliance Certificate for Q2 FY2026-27 | compliance | minimal | — | — |
| 29 Sept 2026 · All 3 resolutions passed at 8th AGM of Faalcon Concepts | board shareholder meetings | low | — | — |
| 29 Sept 2026 · Faalcon Concepts 8th AGM held on Sep 29, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 21 Sept 2026 · Trading Window Closure from Oct 1 Ahead of Half Yearly Results | compliance | minimal | — | — |
| 14 Sept 2026 · Board approves Rights Issue up to Rs 22 Crores | corporate actions | high | — | — |
| 7 Sept 2026 · Trading window closed; board meeting on 14 Sept for rights issue | compliance | minimal | — | — |
| 7 Sept 2026 · Board meeting on Sept 14 to consider rights issue of securities | fund raising | medium | — | — |
| 7 Sept 2026 · Newspaper ad published for 08th AGM notice | compliance | minimal | — | — |
| 5 Sept 2026 · Annual Report 2025-26 sent to shareholders | compliance | minimal | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.