MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0015908
Falcon Pipes Private Limited - manufacturing in Gondal, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹48.2 Cr
▲ 30% YoY
Net profit · FY 2024
₹1.07 Cr
Net margin 2.2%
EBITDA · FY 2024
₹3.59 Cr
EBITDA margin 7.4%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹49.54 Lakh
Issued & subscribed
Open charges
₹20.23 Cr
Satisfied ₹9.86 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
70
Provident fund records
About Falcon Pipes Private Limited
Data last updated:
Falcon Pipes Private Limited is a private limited company based in Gondal, Gujarat, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 24 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25206GJ2009PTC056721. Its GSTIN is 24AABCF3557F1ZW (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49.54 Lakh. It is led by directors Harsukhlal Laljibhai Suvagia (Managing Director) and Nisarg Harsukhbhai Suvagiya (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No. 55/1 Village Sadak Pipaliya NH – 27 Bharudi Toll Plaza, Gondal, Gujarat, India – 360311.
As per the financials filed for FY 2024, the company reported a revenue of ₹48.2 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹1.07 Cr (net margin 2.2%) and EBITDA of ₹3.59 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 3% over five years.
The company has about 70 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Falcon Pipes. As per MCA filings, the company has open charges of ₹20.23 Cr and satisfied charges of ₹9.86 Cr on record. Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it; 1 case is pending.
Falcon Pipes Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0015908). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website falconpipes.in.
Company details
CIN U25206GJ2009PTC056721
Registration Number 056721
Incorporation Date 24 April 2009
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-20-0015908
Key People
Harsukhlal Laljibhai Suvagia Managing Director Nisarg Harsukhbhai Suvagiya Whole-Time Director Recognitions & Rankings of Falcon Pipes
Contact details
Falcon Pipes Private Limited's registered office is in Gondal, Gujarat. Its website is falconpipes.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 55/1 Village Sadak Pipaliya NH – 27 Bharudi Toll Plaza, Gondal, Gujarat, India – 360311
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Falcon Pipes Private Limited, buy the company report.
Comprehensive company report
Falcon Pipes Private Limited - one report that includes everything
- 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
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Brands
Falcon Pipes operates one associated brand: Falcon Pipes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of pipes and fittings for residential, agriculture, and industrial water management in India. | falconpipes.in |
Business activity
The main business activities of Falcon Pipes are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Falcon Pipes Private Limited, buy the company report.
Financials of Falcon Pipes Private Limited
FY 2025 filings availableFalcon Pipes Private Limited reported revenue of ₹48.2 Cr (up 30% YoY) for FY 2024.
Revenue · FY 2024
₹48.2 Cr ▲ 30%
Net profit · FY 2024
₹1.07 Cr margin 2.2%
EBITDA · FY 2024
₹3.59 Cr margin 7.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 8%
5 years · compounded
▲ 3%
EBITDA CAGR growth
3 years · compounded
▼ 11%
5 years · compounded
▼ 6%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 30% growth 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹3.59 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.07 Cr | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 2.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Falcon Pipes Private Limited, buy the company report.
Board of directors of Falcon Pipes Private Limited
Falcon Pipes has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsukhlal Laljibhai Suvagia Also directs: Falcon Pipes Industries Private Limited | Managing Director | 24 Apr 2009 | 17 Years 6 Months | Current |
| Nisarg Harsukhbhai Suvagiya | Whole-Time Director | 01 Aug 2017 | 9 Years 3 Months | Current |
Peer comparison
Falcon Pipes Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Pipes, Pumps), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Brothers Plast Tech Private Limited | ₹48.66 Cr (FY 2024) | 357.0% | Ahmedabad, Gujarat, India | |||
| Sree Sai Mitra Drip Industries Private Limited | ₹48.57 Cr (FY 2025) | 12.0% | Chikkaballapur, Karnataka, India | |||
| Muthu Pipes Private Limited | ₹48.29 Cr (FY 2025) | -18.0% | Chennai, Tamil Nadu, India | |||
| Falcon Pipes Private Limitedthis company | ₹48.2 Cr (FY 2024) | ₹1.07 Cr | 2.2% | 30.0% | 70 | Gondal, Gujarat, India |
| Lingaraj Pipes Private Limited | ₹47.01 Cr (FY 2025) | -39.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Falcon Pipes Private Limited, buy the company report.
Auditor
Falcon Pipes Private Limited is audited by HITESH M. DHANANI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HITESH M. DHANANI & CO. | FY 2023 | 127247W |
Shareholding
The shareholding of Falcon Pipes Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Falcon Pipes Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20.23 Cr
Satisfied charges
₹9.86 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2021 | 100489788 | Others | ₹1.5 Cr | Open | |
| 28 Apr 2021 | 100443322 | Others | ₹1.5 Cr | Open | |
| 28 Nov 2019 | 100305396 | Axis Bank Limited | ₹1.5 Cr | Open | |
| 26 Sep 2017 | 100129283 | Hdfc Bank Limited | ₹9.5 Lakh | Open | |
| 08 Feb 2013 | 10405945 | Axis Bank Limited | ₹15.63 Cr | Open |
To see the full charge records of Falcon Pipes Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Falcon Pipes Private Limited has 8 court cases on record: 7 filed by Falcon Pipes, 1 filed against it. 1 case is pending and 7 are disposed.
Total cases
8
Filed by the company
7
Filed against the company
1
Pending
1
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Commercial matter | Filed by the company against Falcon Tubes Private Limited | Disposed |
| District court, Darjeeling, West Bengal | Civil suit | Filed against the company by Falcon Tubes Private Limited | Disposed |
| District court, RAJKOT, Gujarat | Civil suit | Filed by the company against Falcon Garden Tools Pvt Ltd and 1 other | Disposed |
| District court, RAJKOT, Gujarat | Commercial matter | Filed by the company against an individual | Pending |
| District court, RAJKOT, Gujarat | Court case (TMSUIT) | Filed by the company against Fabcon Pumps and Motors ( and 3 others | Disposed |
To see the full case history of Falcon Pipes Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Falcon Pipes Private Limited has 4 MSME Form 1 returns on record between 2019 and 2021, listing 57 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Prakash Chemicals Private Limited | |||
| Shine Rubber Products | |||
| Bansidhar Plastic | |||
| Finix Industries | |||
| Jivil Polyplast |
To see the full MSME payment records of Falcon Pipes Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Falcon Pipes has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Falcon Pipes Private Limited has a workforce of 70 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
70
Active EPFO establishments
1
Employee growth
-4.11%
GST
Falcon Pipes has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCF3557F1ZW | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Falcon Pipes Private Limited, buy the company report.
Recent activity
Falcon Pipes Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Bhargav Dhirajlal Suvagiya ceased to be Director on 16 Jun 2020.
AGM
Falcon Pipes Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 1,563.00 Lakh registered on 08 Feb 2013 with Charge ID 10405945 was modified on 04 Apr 2025.
Filing
Falcon Pipes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100489788 was registered on 24 Sep 2021.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100443322 was registered on 28 Apr 2021.
Ceased
Bhargav Dhirajlal Suvagiya ceased to be Director.
Ceased
Kamalnayan Ranchhodbhai Sojitra ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 150.00 Lakh with Charge ID 100305396 was registered on 28 Nov 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 9.50 Lakh with Charge ID 100129283 was registered on 26 Sep 2017.
Appointed
Nisarg Harsukhbhai Suvagiya was appointed as Whole-Time Director.
Ceased
Harsukhlal Laljibhai Suvagia ceased to be Director.
Charges
A charge registered on 04 Sep 2009 via Charge ID 10180281 with Bank Of Baroda was fully satisfied on 02 Mar 2013.
9 earlier events are in the company report.
Frequently asked questions
Falcon Pipes is an active private limited company based in Gondal, Gujarat, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 24 April 2009 (17+ years old) and is registered under CIN U25206GJ2009PTC056721.
Falcon Pipes has 2 current directors:
- Harsukhlal Laljibhai Suvagia - Managing Director
- Nisarg Harsukhbhai Suvagiya - Whole-Time Director
The latest financial statements of Falcon Pipes on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Falcon Pipes is 24AABCF3557F1ZW, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Falcon Pipes is U25206GJ2009PTC056721. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Falcon Pipes has 8 court cases on record: 7 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Falcon Pipes was incorporated on 24 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Falcon Pipes by revenue are Brothers Plast Tech Private Limited, Sree Sai Mitra Drip Industries Private Limited, Muthu Pipes Private Limited, Lingaraj Pipes Private Limited, all in the Machinery and Equipment industry (Pipes, Pumps), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Bhargav Dhirajlal Suvagiya ceased to be Director on 16 Jun 2020. Kamalnayan Ranchhodbhai Sojitra ceased to be Director on 16 Jun 2020. Nisarg Harsukhbhai Suvagiya was appointed as Whole-Time Director on 01 Aug 2017. Falcon Pipes has 6 board changes on record in total.
Yes, Falcon Pipes is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0015908).
Falcon Pipes has 4 MSME Form 1 returns on record between 2019 and 2021, listing 57 overdue payments to 16 micro and small suppliers. The latest return was filed on 21 Oct 2021.
Falcon Pipes can be reached through the website falconpipes.in. Its registered office is in Gondal, Gujarat, India.
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