FABTECHTECHNOLOGIES Information Technology 15 May 2026

Fabtech Technologies Ltd — Q4 FY26

Fabtech delivered 28.4% revenue growth to ₹431.33 Cr in FY26, driven by strong execution in UAE, Saudi Arabia, and Kenya.

bullish medium

Revenue ₹159 Cr +28.4%

EBITDA ₹56 Cr +18.29%

PAT ₹22 Cr -17.4%

EBITDA Margin 14% -110bps

Duration 70 min

Read Time 1 min read

✓ Verified against BSE filing

2-Minute Summary

✦ AI-Generated from Full Transcript

Fabtech delivered 28.4% revenue growth to ₹431.33 Cr in FY26, driven by strong execution in UAE, Saudi Arabia, and Kenya. EBITDA grew 18.29% to ₹55.56 Cr, but margins contracted ~110 bps due to project mix shift, higher RMC costs, and remobilization expenses amid geopolitical disruptions. PAT declined to ₹38.36 Cr from ₹46.45 Cr, impacted by exceptional items in the base year. The order book stands at ₹900+ Cr, providing 18-24 months visibility. Management guided for ~25% revenue growth in FY27 with PAT margin improvement to 9.9-10.5%, supported by localization, higher-value projects, and cost pass-through clauses. Key risk: sustained Middle East conflict could delay execution and pressure margins despite diversification.

Key Numbers

Order Book ₹900+ Cr

+50% YoY

Order book provides strong revenue visibility for next 18-24 months.

Hot Lead Pipeline $200M

N/A

Active pipeline of offers in the market, conversion rate improving to 16-17%.

Cash & Bank Balance ₹208.57 Cr

+496% YoY

Strengthened by ₹230 Cr equity infusion; strongest liquidity position in company history.

Trade Receivables ₹204.34 Cr

+67% YoY

Increased due to heavy Q4 billing; management prioritizing sharper collection discipline.

Management Guidance

Revenue growth of ~25% in FY27

Based on current momentum and order book, management projects approximately 25% growth for the next fiscal year.

Management guidance revenue

PAT margin improvement to 9.9-10.5%

Management guided PAT margin to improve to the 9.9-10.5% range in FY27, up from ~8.9% in FY26.

Management guidance margins

EBITDA margin target of 13-14%

Internal target for EBITDA margin is 13-14%, with contribution margin around 45%.

Management guidance margins

Order book execution in 18-24 months

Current order book of ₹900+ Cr is expected to be executed over the next 18-24 months.

Management guidance growth

Key Risks

Middle East geopolitical disruption

Ongoing US-Iran war and regional tensions could delay project execution and increase costs, impacting margins.

high · analyst_question

Receivables collection risk

Trade receivables rose to ₹204 Cr; if collection slows, cash flow and working capital could be strained.

medium · management_commentary

Margin pressure from project mix

Shift towards lower-margin geographies like Africa and cost overruns from remobilization have compressed margins.

medium · data_observation

Raw material cost inflation

RMC costs rose ~33% in FY26; if not fully passed on via variation clauses, margins could shrink further.

medium · management_commentary

Notable Quotes

FY26 has been a defining and landmark year for Fabtech Technologies Limited. Not merely because of the numbers we have delivered but because of the structural transformation we have undertaken to prepare this company for its next phase of scale.

Ashwin Singh · Chief Executive Officer

GCC localization is no longer optional. It is a strategic necessity.

Ashwin Singh · Chief Executive Officer

We are not a quarter-to-quarter story. We will stand by our yearly guidance. We build with a long-term perspective and our performance reflects that.

Aman Anavkar · Chief Growth Officer

Frequently Asked Questions

What was Fabtech Technologies's revenue in Q4 FY26?

Fabtech Technologies reported revenue of ₹159 Cr in Q4 FY26, representing a +28.4% change compared to the same quarter last year.

What guidance did Fabtech Technologies management give for FY27?

Revenue growth of ~25% in FY27: Based on current momentum and order book, management projects approximately 25% growth for the next fiscal year. PAT margin improvement to 9.9-10.5%: Management guided PAT margin to improve to the 9.9-10.5% range in FY27, up from ~8.9% in FY26. EBITDA margin target of 13-14%: Internal target for EBITDA margin is 13-14%, with contribution margin around 45%. Order book execution in 18-24 months: Current order book of ₹900+ Cr is expected to be executed over the next 18-24 months.

What are the key risks for Fabtech Technologies in FY27?

Key risks include Middle East geopolitical disruption — Ongoing US-Iran war and regional tensions could delay project execution and increase costs, impacting margins.; Receivables collection risk — Trade receivables rose to ₹204 Cr; if collection slows, cash flow and working capital could be strained.; Margin pressure from project mix — Shift towards lower-margin geographies like Africa and cost overruns from remobilization have compressed margins.; Raw material cost inflation — RMC costs rose ~33% in FY26; if not fully passed on via variation clauses, margins could shrink further..

Did Fabtech Technologies meet its previous quarter's guidance?

Scorecard data is being built as historical quarters are processed.

Where can I read the full Fabtech Technologies Q4 FY26 concall transcript?

The full earnings conference call transcript or source release is available on the linked source material. This page provides an AI-generated summary with filing verification status shown on the financial stats.