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Falcon Technoproj India Ltd Stock performance
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KEY OBSERVATIONS

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noteAnnual Revenue,rose 130.97%, in the last year to ₹26.5 Cr. Its sector's average revenue growth for the last fiscal year was 5.98%.
noteAnnual Net Profit,rose 34.4% in the last year to ₹1.17 Cr. Its sector's average net profit growth for the last fiscal year was 28.87%.
notePrice to Earning Ratio,is 13.5, lower than its sector PE ratio of 36.87.
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Falcon Technoprojects India Limited was originally incorporated on September 09, 2014, as a private limited Company under the name and style of ‘Falcon Technoprojects India Private Limited’ under the provisions of Companies Act, 2013 with the Registrar of Companies, Mumbai, Maharashtra. Pursuant to shareholders’ resolution passed at Extra Ordinary General Meeting held on May 29, 2023, the company was converted into a Public Limited Company and the name of the company was changed to ‘Falcon Technoprojects India Limited’ and a fresh Certificate of Incorporation dated June 30, 2023 was issued by Registrar of Companies, Mumbai, Maharashtra.Falcon Technoprojects India is engaged in the business of providing Mechanical, Electrical and Plumbing (MEP) services to its PAN India customers which are operating in various sectors including Petroleum Refineries, Residential Townships, Atomic Energy, Civil Construction, etc. MEP services refer to installation services that provide comfortable spaces for building occupants. These services specifically deal with the design, selection, and installation of the integrated Mechanical, Electrical, and Plumbing systems. It includes installing air-conditioning systems, power and lighting systems, water supply and drainage, fire prevention and fighting systems, and telephones. By integrating these separate systems into one, the operation can be made more energy effective. The design of MEPs is important for planning, decision-making, accurate documentation, performance and cost estimation, construction, and ultimately the facility’s operation and maintenance. MEP services specifically cover the in-depth design and selection of these systems, rather than simply installing the equipment.Business area of the companyThe company is engaged in the business of providing Mechanical, Electrical and Plumbing (MEP) services to PAN India customers.Services of the companyMechanical servicesElectrical servicesPlumbing servicesHistory and milestones2014: Incorporation of the company as a Private Limited Company2020: Company has achieved a Turnover of more than Rs 13 crore.2020: Received Single Order of more than Rs 8 crore from Larsen Toubro.2022: Company has achieved a Turnover of more than Rs 20 crore.2022: Received ISO Certification 9001:2015.
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