FGP Limited (FGP.BO) Stock Analysis & Winston Score
FGP Limited is an Indian real estate services company listed on the Bombay Stock Exchange. It provides property-related services, which can include facility management, property development support, and related consulting work, primarily serving commercial and residential clients in India. The company operates in a fragmented but growing sector of the Indian real estate market. FGP generates revenue through service fees and project-based contracts tied to real estate activity. With a market capitalization of roughly $0.1 billion, it is a small-cap player with limited geographic reach compared to larger national peers. Its operating margin of around 14% suggests reasonable cost discipline for its size, though its competitive moat is narrow given the highly fragmented nature of Indian real estate services. The key growth driver is India's ongoing urbanization and rising demand for organized property services, but the main risk is intense competition from larger, better-capitalized firms that could pressure pricing and margins.
Winston Score: 45/100 — Average
Mixed quality — meaningful strengths and weaknesses.
- Quality: Good (19/30)
- Growth: Mixed (7/20)
- Cash Flow: Weak (1/10)
- Stability: Good (5/10)
- Valuation: Weak (1/10)
- Ownership: Good (10/15)
Key Facts
Price: 12.07 INR
Market Cap: 144M INR
Sector: Real Estate
Industry: Real Estate - Services
Exchange: Bombay Stock Exchange


