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FABTECHTECHNOLOGIESCLEAN Information Technology 15 May 2026

Fabtech Technologies Cleanrooms Ltd — Q4 FY26

Fabtech Technologies delivered a strong FY26 with consolidated revenue of ₹221.72 Cr (+46.9% YoY) and PAT of ₹15.82 Cr (+18.9% YoY), driven by strategic expansion into solar, data center, and semiconductor cleanroom segments.

bullish medium
Revenue ₹143 Cr +46.93%
EBITDA ₹23 Cr +28.31%
PAT ₹13 Cr +18.95%
EBITDA Margin 12% -150bps
Duration 69 min
Read Time 1 min read

✓ Verified against BSE filing

2-Min Summary

✦ AI-Generated from Full Transcript

Fabtech Technologies delivered a strong FY26 with consolidated revenue of ₹221.72 Cr (+46.9% YoY) and PAT of ₹15.82 Cr (+18.9% YoY), driven by strategic expansion into solar, data center, and semiconductor cleanroom segments. The company consciously accepted lower margins on initial orders to build credentials, resulting in EBITDA margin contraction of ~150 bps to 10.45%. The order book stands at ₹199 Cr with a pipeline of ₹480 Cr, and management expects it to reach ₹275-300 Cr within 15-20 days. Key risks include ongoing supply chain disruptions from geopolitical tensions and raw material price volatility, which could pressure margins further.

Key Numbers

Order Book ₹199 Cr
+33% YoY

Order book expected to reach ₹275-300 Cr in 15-20 days.

Pipeline ₹480 Cr
N/A

Strong pipeline across solar, data center, and semiconductor sectors.

Art Revenue ₹30 Cr
+114% YoY

Art (28% stake) more than doubled revenue to ₹30 Cr from ₹14 Cr.

Solar Project Commissioning July 2026
N/A

Largest solar project expected to commission by July, a key reference milestone.

Management Guidance

G

Order book to reach ₹275-300 Cr in 15-20 days

Management expects the current order book of ₹199 Cr to increase to ₹275-300 Cr within the next 15-20 days due to finalization of large orders.

Management guidance growth
G

Revenue growth guidance of 25-30% for FY27

Management reiterated its conservative guidance of 25-30% revenue growth for FY27, with potential for higher growth if conditions permit.

Management guidance revenue
G

Margins expected to be maintained at FY26 levels

Management guided that EBITDA margins will likely remain similar to FY26 levels (~10.45%) due to ongoing supply chain challenges and investments.

Management guidance margins
G

Stake in Kelvin to increase to 70-72% soon

Management plans to increase its stake in Kelvin from 60.53% to 70-72% in the near term.

Management guidance expansion

Key Risks

R

Supply chain disruptions and raw material price volatility

Geopolitical tensions and raw material shortages (steel, aluminum) have caused project delays and margin pressure. Management is renegotiating contracts but impact remains uncertain.

high · management_commentary
R

Working capital strain from large project execution

Analyst raised concern about debt rising due to working capital needs for large orders. Management acknowledged debt will increase but expects retention money to ease cycle.

medium · analyst_question
R

Dependence on solar segment for near-term growth

Order book is heavily tilted toward solar, which may face policy or demand shifts. Management expects diversification into semicon and data centers over time.

medium · data_observation
R

Execution risk on large ticket orders

Management admitted that client site readiness delays impacted commissioning. Any further delays could affect revenue recognition and cash flows.

medium · management_commentary

Notable Quotes

We are building India's largest clean room company.
Anup Munshi · Chief Executive Officer
The war isn't over. There's a ceasefire, but the real effects are yet to come. But we are geared up for that.
Anup Munshi · Chief Executive Officer
I can't believe that there'll be an inquiry which doesn't come to Fabtech. I think we are in that position as of today.
Rajesh Gupta · Director, Art Integrated Projects

Frequently Asked Questions

What was Fabtech Technologies Cleanrooms's revenue in Q4 FY26?

Fabtech Technologies Cleanrooms reported revenue of ₹143 Cr in Q4 FY26, representing a +46.93% change compared to the same quarter last year.

What guidance did Fabtech Technologies Cleanrooms management give for FY27?

Order book to reach ₹275-300 Cr in 15-20 days: Management expects the current order book of ₹199 Cr to increase to ₹275-300 Cr within the next 15-20 days due to finalization of large orders. Revenue growth guidance of 25-30% for FY27: Management reiterated its conservative guidance of 25-30% revenue growth for FY27, with potential for higher growth if conditions permit. Margins expected to be maintained at FY26 levels: Management guided that EBITDA margins will likely remain similar to FY26 levels (~10.45%) due to ongoing supply chain challenges and investments. Stake in Kelvin to increase to 70-72% soon: Management plans to increase its stake in Kelvin from 60.53% to 70-72% in the near term.

What are the key risks for Fabtech Technologies Cleanrooms in FY27?

Key risks include Supply chain disruptions and raw material price volatility — Geopolitical tensions and raw material shortages (steel, aluminum) have caused project delays and margin pressure. Management is renegotiating contracts but impact remains uncertain.; Working capital strain from large project execution — Analyst raised concern about debt rising due to working capital needs for large orders. Management acknowledged debt will increase but expects retention money to ease cycle.; Dependence on solar segment for near-term growth — Order book is heavily tilted toward solar, which may face policy or demand shifts. Management expects diversification into semicon and data centers over time.; Execution risk on large ticket orders — Management admitted that client site readiness delays impacted commissioning. Any further delays could affect revenue recognition and cash flows..

Did Fabtech Technologies Cleanrooms meet its previous quarter's guidance?

Scorecard data is being built as historical quarters are processed.

Where can I read the full Fabtech Technologies Cleanrooms 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 verified against official BSE/NSE filings.