Today let us deep dive into one of the listed SME stock that is FAALCON CONCEPTS LTD.
- Faalcon Concepts Limited deals with planning, designing, fabricating, and installing façade systems.
- The company offers facades resistant to UV rays, acid rain, dust, noise, and other influences.
Now , you must be thinking what exactly facade means…right?
A facade is the exterior wall or face of a building, and it usually involves design elements like deliberate placement of windows or doors. Depending on architectural style, these elements have a certain order to them.
What we usually see outside India…those big buildings with exterior glass walls. This is normal right in other countries.
You know what in our country how real estate is booming right? Infra companies coming up with so many buildings…so this facade is directly proportional to real estate means more buildings more growth of facade industry.
Still you did not get what facade is? watch this video you will get more clarity
-
FUNDAMENTALS
-
Promoter holding more than 65%
-
ROCE : 71%
-
ROE : 79%
-
Co. has a total order book of 50 Crs as of March 24 which is 3x+ its FY23 sales.
-
Equity capital = 0.02
-
FEW NEGATIVES TO LOOK AT
-
Trade receivables has increased.
-
Cash conversion cycle has increased.
-
TECHNICALS
-
IPO Breakout is possible. Once it breaks the trend line we can see good movement
Sources : screener , tradingview
DISCLAIMER
My videos, presentations, and writing are only for educational purposes and are not intended as investment advice. I cannot guarantee the accuracy of any information provided.
I am not SEBI-registered.
Trading & Investing in stocks, options or equities involves risk & are not suitable for all investors