Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
Falcon Technoprojects India Ltd. (FALCONTECH)
SME CapIT stocks · SME cap · NSE
Falcon Technoprojects India Ltd. operates in Project Management, within the IT sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹12.25
+0.25 · +2.08%
Market cap ₹32.2 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals16 Oct 2026 · screener
Latest result01 Jun, 08:02 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · IT P/E 21.4 (n=204)
Technical timing lens
Trend score and candlestick chart
65BullishMACD − · sector +19.3pp vs Nifty 500 (3M)
Stock trend: 42
Sector RS: 100
Sector 3M: +13.7% vs Nifty 500 -5.6%
IT FPI tailwindBuilding
Latest FPI flow is positive, but a second consecutive positive fortnight is still required. View sector evidence
Technical chart
FALCONTECHD candles · FIT view-17.2%Latest close ₹12.25 on 2026-10-21
Bar
+2.9%
RSI
48
MACD hist
-0.09
52W pos
24%
2026-10-21O ₹11.90H ₹12.50L ₹11.60C ₹12.25Vol 4,800 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
FALCONTECHNifty ITNifty 500
- FALCONTECH
- +16.7%
- Nifty 500
- -6.5%
- Nifty IT
- +12.0%
- Vs Nifty 500
- +23.2 pp
Chart stats
21 Oct 2026- From 52W high
- -45.2%
- 52W range position
- 18%
- ATR (14)
- 5.9%
- Volume vs 20D
- 0.49x
- Avg traded value
- ₹0 Cr
- 20D price channel
- ₹11.5 - ₹13.8
₹22.4
₹10.1 - ₹22.4
₹0.7
Latest completed session
20-session average
78.3% annualized volatility
Research snapshot
What the evidence says now
Mixed fundamentals, while price trend supports entry. This looks more like momentum/speculation than a clean fundamental investment setup.
Weak U-Score but strong trend: momentum may be ahead of fundamentals.
Suggested next step
Momentum only
Trend is strong but fundamentals do not support a clean investment thesis.
U-Score
Legacy · FAIR VALUE49
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent95
Revenue +660.5% · PAT +388.9% YoY
Technical
Bullish65
Price trend and sector-relative-strength timing.
Valuation
Legacy model+66.2%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence60
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Excellent · 95/100Rev +661% YoY · PAT +389% YoY · margin expansion · +210% QoQ
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹43.4 Cr | +660.5% | +210.1% |
| EBITDA | ₹3.6 Cr | NDF | +493.3% |
| Operating margin | 8.2% | NDF | +392 bps |
| PAT | ₹2.6 Cr | +388.9% | +576.9% |
| PAT margin | 6.1% | NDF | +330 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 10.60
- P/B
- 1.25
- EV/EBITDA
- 13.48
- Market Cap
- 32.20Cr
Profitability
- ROE
- 12.50%
- ROCE
- 11.20%
- ROA
- 4.08%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 43.00%
- EPS 5Y
- 59.00%
- Revenue 3Y
- 51.00%
- EPS 3Y
- 45.00%
Balance Sheet
- Debt/Equity
- 1.33
- Interest Coverage
- 6.76×
- Altman Z
- 1.89
- Book Value
- 9.60
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 2/5
- OCF
- -29.68 Cr
- EPS TTM
- 1.13
Shareholding
- Promoter Hold
- 42.98%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 38%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 43.4+210.1% vs prev
Net Profit
₹ CrLatest: 2.6+576.9% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 48.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 roughly flat — short-term momentum stalled.
- RSI(14) at 48 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 35% off 52W high · 21% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Valuation & peers
U-Score 49 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 49 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Deep Value
Fundamental score breakdown
U band · FAIR VALUEValuation24/30
Growth21/25
Quality2/20
Balance Sheet6/15
Cash Flow1/10
Piotroski
5/9 (+3)
Penalties
-8
Raw sum
49
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
49/100 · legacy band FAIR VALUE
Positive drivers
- Fair-value margin of safety is positive at 66.2%.
- Growth contributes 21/25 to the score.
- Valuation contributes 24/30 to the score.
Main drags
- Penalty bucket subtracts 8 points.
- Quality is weaker at 2/20; verify the latest quarterly trend.
- Cash flow is weaker at 1/10; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
10.6
PB
1.3
EV/EBITDA
13.5
ROE
12.5%
ROCE
11.2%
FCF Yield
—
Debt/Equity
1.3
MoS
+66.2%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
49
Previous: 49
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+66.2%
Previous: +66.9%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
47
47
47
48
48
49
49
49
49
49
49
49
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹15.62
+21.6% MoS
Growth-justified P/E
32.1
Growth-justified Value
₹36.27
+66.2% MoS
PEG
0.20
Comparable companies
Peers
Business-comparable peers in IT — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
KDL
SME
Kore Digital Ltd.
IT Services / Digital
match 129
82
1.0
28.6%
+97%
DEEP VALUE
SYNOPTICS
SME
Synoptics Technologies Ltd.
IT Services / Digital
match 128
53
10.5
5.7%
+70%
FAIR VALUE
YUDIZ
SME
Yudiz Solutions Ltd.
IT Services / Digital
match 128
25
20.7
2.9%
-418%
OVERVALUED
MICROPRO
SME
Micropro Software Solutions Ltd.
IT Services / Digital
match 127
14
—
-2.9%
—
OVERVALUED
VERTEXPLUS
SME
Vertexplus Technologies Ltd.
IT Services / Digital
match 127
7
—
-21.4%
—
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Falcon Technoprojects India Ltd. operates in Project Management, within the IT sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
60Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 28th percentile of the scored universe and 26th percentile within IT. Main check: cash conversion is weak at 40/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
0 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
28th percentile
overall median 67 · IT: 26th pctile, median 69 · SME: 32nd pctile, median 64
Evidence depth
Financial-only
0 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
78
strong · holding, pledge, alignment
Cash flow
40
weak · profit to cash conversion
Balance sheet
61
acceptable · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
55
watch · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
Trust risks
- ▸Operating cash flow is negative at ₹-30 Cr.
- ▸Debt/equity is 1.33.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Falcon Technoprojects India Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.