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Earnings · Engineering - Construction · Micro cap

Faalcon's FY26 profit grows 9%. Chrome Coaters is in the consolidated books.

Standalone net profit hit ₹2.93 cr. The first full-year consolidation of the Chrome Coaters acquisition adds ₹33.87 cr to group revenue.


Mkt cap₹37.03 cr
P/E13.85×
ROE12.31%
Debt / eq.0.27
₹3.37 cr FY26 consolidated net profit, including minority interest.

What's new

  • Standalone revenue grew 4.4% to ₹30.01 cr; net profit rose 9.4% to ₹2.93 cr.
  • Consolidated accounts now include Chrome Coaters (53% stake) for the first full year.
  • The audit opinion was clean, with no qualifications on the newly consolidated entity.

Why this matters

For a ₹37 cr market-cap company, growth is steady but not fast. The clean audit is a baseline governance check for a newly combined business and it passed.

What we're watching

  • Whether Chrome Coaters drives faster top-line growth in FY27.
  • Standalone margin trends as the business scales slowly.
  • Liquidity in a stock where a small trade moves the price.

The full read

Faalcon's FY26 filing is a routine annual result. Standalone revenue grew 4.4% to ₹30.01 cr, and net profit rose 9.4% to ₹2.93 cr. For a ₹37 cr market-cap company, that is slow. The main development is in the consolidated accounts, now including Chrome Coaters after last September's 53% stake acquisition. That lifts group revenue to ₹33.87 cr and net profit to ₹3.37 cr. The audit opinion was clean. It is a basic governance check for a newly consolidated entity, and it passed. The filing is otherwise thin, with no color on integration or forward guidance. The standalone business is growing. Not fast.

Questions answered

What were Faalcon's standalone FY26 numbers?
Revenue grew 4.4% to ₹30.01 crore. Net profit increased 9.4% to ₹2.93 crore. The growth is modest.
How does the Chrome Coaters acquisition affect the financials?
The 53% stake, acquired in September 2025, is now consolidated. This pushes group revenue to ₹33.87 crore and net profit (including minority interest) to ₹3.37 crore.
Was the audit report qualified?
No. The audit opinion was unmodified, with no qualifications or emphasis-of-matter paragraphs noted in the filing.
What does the filing not address?
It provides no commentary on integration progress, synergy targets, or how the Chrome Coaters stake is performing operationally.
Mentioned: Chrome Coaters Private Limited · ₹37 cr market cap · 53% stake
Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.