Falcon

What Falcon does

Falcon Technoprojects India Limited, operating as the Falcon Group of Companies, is a Mumbai-based MEP (Mechanical, Electrical, and Plumbing) services contractor founded in 2010 and listed on the NSE Emerge SME exchange. The company delivers turn-key mechanical, electrical, plumbing, fire fighting, HVAC, CCTV and security surveillance, intercom and networking, civil and interior, and ancillary services such as solar rooftop PV and gate automation for commercial, industrial, residential, healthcare, and data center premises. Its core technology stack relies on conventional engineering design software — AutoCAD Revit 11 and Pipe net — used to produce code-compliant designs against LEED, IGBC, National Building Code, TAC, and NFPA standards, with electrical capability extending up to 33KV substations and HT/LT transmission.

The group operates through five wholly-owned subsidiaries (Falcon Designbuild India, Falcon Electrocom & Security Solutions, Falcon Group, Falcon Outsourcing Solutions LLP, and FCON MEP Consultants LLP) covering designbuild, electrocom and security, consulting, and outsourcing functions. Falcon generates revenue primarily through fixed-price project contracts awarded via competitive tendering and direct enterprise engagement with developers, corporations, and government entities, including Lodha, Shapoorji Pallonji, L&T, GVK (Mumbai International Airport), BPCL, NPCIL, HAL, RBI, Air India Sats, and Hikvision. Projects are spread across seven Indian states, and pricing is bespoke per scope. FY2025 revenue was Rs. 26.50 crore, up from Rs. 11.47 crore in FY2024, with management projecting Rs. 49.05 crore for FY2026 and Rs. 100.05 crore for FY2027. A Rs. 21.43 crore rights issue scheduled for April 2026 is intended to fund working capital for execution of this ramp.

Name

Falcon

Legal name

Falcon Technoprojects India Limited

Website

https://falcongroupindia.com

Company type

Public

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Falcon Technoprojects India Limited is a Mumbai-based MEP services contractor founded in 2010 and listed on NSE Emerge, delivering turn-key mechanical, electrical, plumbing, fire fighting, HVAC, and security installations to developers, corporations, and government entities across seven Indian states.

Ownership category

akta.pro rank

Product category

MEP Contracting Services

NAICS

Other General Purpose Machinery Manufacturing (3339), Pump and Compressor Manufacturing (33391)

SIC

Electrical Industrial Apparatus (3620), Electronic & Other Electrical Equipment (No Computer Equip) (3600), Misc Industrial & Commercial Machinery & Equipment (3590)

akta.pro primary industry

Medium/Low-Voltage Power Distribution (MCCs, Panels, UPS, Grounding) (EUAEAFAB)

akta.pro secondary industries

Rotating/Static Equipment Installation & Alignment (Pumps, Compressors, Fans, Skids) (EUAEAFAH), Mechanical, Electrical & Piping Installation (MEP) (EUAKAAAG)

Keywords

• MEP contracting services
• Electrical system installation
• Fire fighting systems
• HVAC installation services
• Plumbing system design

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales

Revenue model

1. MEP Project Contracts: Revenue generated from fixed-price project contracts for MEP installation, design, and execution services. Projects range from small-scale electrical work to comprehensive multi-system MEP infrastructure for commercial, residential, and industrial buildings. Payment typically follows project milestones and completion.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Falcon Technoprojects India Limited delivers integrated Mechanical, Electrical, and Plumbing (MEP) services for commercial, industrial, residential, and infrastructure projects. Its offerings span design, installation, and maintenance of electrical systems (including substations up to 33KV), fire fighting systems, HVAC, plumbing, CCTV and security surveillance, civil and interior works, and supplementary solutions such as solar rooftop PV modules and gate automation. The company operates as a single-point MEP contractor, executing projects for developers, corporations, and government entities across multiple Indian states.

Product overview

Falcon Technoprojects India Limited operates as a comprehensive MEP (Mechanical, Electrical, Plumbing) services company offering integrated building systems solutions. The core offering centers on MEP services including electrical system installation, fire fighting systems, HVAC (heating, ventilation, air conditioning), plumbing systems, CCTV and security surveillance, and civil and interior works. The company also provides supplementary services such as solar rooftop PV module installation, solar water heaters, and gate automation systems. All services are delivered under one roof, allowing Falcon to serve commercial, hotel, warehouse, factory, hospital, residential, data center, and shopping mall premises with a full lifecycle approach from design through installation and maintenance. The company operates since 2010 as a Mumbai-based NSE Emerge listed company.

Differentiator

Problem solved

Functional benefit

Products and services

• Mechanical, Electrical, and Plumbing (MEP) Services Comprehensive integrated MEP services including design, installation, and maintenance of mechanical, electrical, fire fighting, and plumbing systems for commercial, residential, and industrial buildings. Targeted at developers, corporations, and government entities.
• Electrical System Services Turn-key electrical projects including substations up to 33KV, HT/LT transmission lines, transformer works, panel manufacturing, capacitor banks, access control, automation, intercom, networking, and internal electrification for commercial, industrial, and infrastructure clients.
• Fire Fighting System Services Fire and safety solutions including fire hydrant and wet riser systems, sprinkler systems, water spray systems, pre-action systems, gas-based fire suppression (CO2), clean agent systems, fire detection and alarm systems, designed to NBC, TAC, and NFPA standards.
• HVAC Services Heating, ventilation, air conditioning, and heat pump equipment design, supply, installation, and maintenance for commercial, industrial, and domestic environments, including central chilled water plant systems, DX/VRV systems, and clean room technology.
• Plumbing System Services Sanitary fixtures and fittings, internal and external drainage systems, rainwater disposal, water supply, rainwater harvesting, water storage, filtration, softening, disinfection, and sewage treatment plant installation with LEED and IGBC compliance.
• CCTV & Security Surveillance Services Security camera systems including Analog, Turbo, IP, and standalone cameras with sensors, optical zoom, WDR technology, pan and tilt features; integrated IP and analog cameras, dome IR, bullet IR, PTZ, day night, and panoramic cameras for offices, banks, schools, and homes.
• Civil & Interior Works Services Turnkey civil services including land identification, soil testing, excavation, foundation construction, glass and glazing, fire protection, product procurement, design planning, MEP work, drywall partitions, and complete construction management for building projects.
• Intercom & Networking Services Intercom system installation and networking solutions for residential and commercial premises, including data, telephone, and television infrastructure.

Quantifiable outcome

• Revenue grew from Rs. 11.47 crore in FY2024 to Rs. 26.50 crore in FY2025 (131% growth)
• +1 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Voltas: Voltas (a Tata group company) operates a large Electro-Mechanical Projects (LMT) division delivering HVAC, electrical, and plumbing services for commercial, industrial, and infrastructure projects across India — directly comparable in service mix but at vastly larger scale.
• Sterling and Wilson: Sterling and Wilson is one of India's largest MEP and electrical contracting players, executing turnkey mechanical, electrical, and plumbing projects for data centers, airports, commercial and industrial facilities — overlapping service lines with Falcon.
• KEC International: KEC International (RPG Group) is a major Indian EPC company with significant electrical and infrastructure contracting exposure, comparable to Falcon in electrical substations, HT/LT lines, and turnkey industrial MEP work, though at much larger scale.
• ABB India: ABB India provides electrical products, systems, and services including substations, switchgear, and industrial electrical solutions — comparable to Falcon's 33KV substation and HT/LT electrical contracting business as a much larger incumbent supplier.
• Schneider Electric India: Schneider Electric India delivers electrical distribution, building management, and industrial automation solutions overlapping with Falcon's electrical, automation, and MEP integration offerings — at vastly greater scale and global brand recognition.
• Siemens India: Siemens India offers electrification, automation, and digital solutions for buildings and industry, including electrical infrastructure, fire safety, and HVAC controls — comparable to Falcon's integrated MEP scope but as a multinational incumbent.
• Blue Star: Blue Star is a leading Indian HVAC and cooling company executing large commercial, industrial, and infrastructure projects — directly comparable to Falcon's HVAC services module as a significantly larger branded player.
• Carrier India: Carrier India provides HVAC equipment, controls, and contracting services for commercial and industrial buildings, overlapping with Falcon's HVAC design and installation business as a global OEM-led incumbent.
• Hitachi Energy India: Hitachi Energy India (formerly ABB Power Grids) supplies transformers, substations, and grid solutions — comparable to Falcon's HT/LT substation and transformer works as a much larger global technology incumbent.
• L&T Construction (Larsen & Toubro): L&T's Buildings & Factories division executes turnkey MEP and electrical works for commercial, residential, and industrial developments — Falcon is itself a subcontractor to L&T on projects such as L&T Seawoods, illustrating direct comparability.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/falcon-technoprojects-india-pvt

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Falcon