About Falconnect Technologies Private Limited
Data last updated:
Falconnect Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2015PTC101359. Its GSTIN is 33AACCF6166H1ZP (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.68 Lakh. It was formerly known as Falconnect Logistics Private Limited. It is led by directors Ganesan Scindia and Suresh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.5/11 12th Cross Street Shastri Nagar Adyar, Chennai, Tamil Nadu, India – 600020.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.47 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹55,429 (net margin -0.4%) and EBITDA of ₹79,184 (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 5% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website falconnect.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.5/11 12th Cross Street Shastri Nagar Adyar, Chennai, Tamil Nadu, India – 600020
- IndustryInformation Technology, Application Development & Software Solutions
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Falconnect Technologies Private Limited
The main business activity of Falconnect Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Falconnect Technologies Private Limited FY 2023 filings available
Falconnect Technologies Private Limited reported revenue of ₹1.47 Cr (up 156% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Falconnect Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 156% growth in the latest year. EBITDA fell 72% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Falconnect Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹79,184 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹55,429 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Falconnect Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.4% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Falconnect Technologies are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Falconnect Technologies Private Limited
Falconnect Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Delfoi Tanoti Technologies Private Limited | ₹1.47 Cr (FY 2024) | •••• | •••• | 279.0% | •••• | Bengaluru, Karnataka, India |
| Cybertoss Private Limited | ₹1.47 Cr (FY 2024) | •••• | •••• | 83.0% | •••• | Hooghly, West Bengal, India |
| Inforios Software Technologies India Private Limited | ₹1.47 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Chennai, Tamil Nadu, India |
| Vestanam Solutions Private Limited | ₹1.47 Cr (FY 2024) | •••• | •••• | 49.0% | •••• | Yavatmal, Maharashtra, India |
| Sqweeks Technologies Private Limited | ₹1.47 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Mumbai, Maharashtra, India |
| Falconnect Technologies Private Limited this company | ₹1.47 Cr (FY 2023) | •••• | •••• | 156.0% | •••• | Chennai, Tamil Nadu, India |
| Padakasti Consultancy Services Private Limited | ₹1.47 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Bengaluru, Karnataka, India |
| Unlimit Iot Private Limited | ₹1.47 Cr (FY 2025) | •••• | •••• | -62.0% | •••• | Mumbai, Maharashtra, India |
| Etymon Technologies Private Limited | ₹1.47 Cr (FY 2024) | •••• | •••• | 52.0% | •••• | Ahmedabad, Gujarat, India |
| Yash Future Tech Solutions Private Limited | ₹1.47 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Jodhpur, Rajasthan, India |
| Appvance Software India Private Limited | ₹1.47 Cr (FY 2019) | •••• | •••• | 4.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Falconnect Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Falconnect Technologies Private Limited
Falconnect Technologies Private Limited is audited by SWAROOP ANAND & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SWAROOP ANAND & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Falconnect Technologies Private Limited
Falconnect Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesan Scindia | Director | 22 Aug 2016 | 10 Years 1 Months | Current |
| Suresh | Director | 20 Dec 2022 | 3 Years 9 Months | Current |
Ownership and Shareholding of Falconnect Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Falconnect Technologies Private Limited
Falconnect Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Falconnect Technologies Private Limited
Falconnect Technologies Private Limited has a workforce of 4 employees as of Apr 10, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Falconnect Technologies Private Limited
Falconnect Technologies Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Suresh ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Falconnect Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Falconnect Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Falconnect Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Falconnect Technologies Private Limited
Falconnect Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCF6166H1ZP | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Falconnect Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Falconnect Technologies Private Limited
Falconnect Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 July 2015 (11+ years old) and is registered under CIN U74999TN2015PTC101359.
Falconnect Technologies reported revenue of ₹1.47 Cr for FY 2023 (up 156% YoY).
Falconnect Technologies has 2 current directors:
- Ganesan Scindia - Director
- Suresh - Director
Falconnect Technologies reported a net loss of ₹55,429 (net margin -0.4%) and EBITDA of ₹79,184 (EBITDA margin 0.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Falconnect Technologies is -9% over three years and 5% over five years. In the latest year (FY 2023) revenue rose 156%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Falconnect Technologies is 33AACCF6166H1ZP, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Falconnect Technologies is U74999TN2015PTC101359. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Falconnect Technologies was incorporated on 10 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Falconnect Technologies by revenue are Delfoi Tanoti Technologies Private Limited, Cybertoss Private Limited, Inforios Software Technologies India Private Limited, Vestanam Solutions Private Limited, Sqweeks Technologies Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Suresh ceased to be Additional Director on 29 Sep 2023. Suresh was appointed as Director on 20 Dec 2022. Suresh Subramaniam Kumar ceased to be Director on 20 Dec 2022. Falconnect Technologies has 5 board changes on record in total.
Falconnect Technologies can be reached through the website falconnect.in. Its registered office is in Chennai, Tamil Nadu, India.