FABTECH

Fabtech Technologies financials

Turnkey engineering solutions provider building GMP-compliant Process, Air (cleanroom/HVAC) and Water systems for pharma, biotech and healthcare facilities worldwide.

Market cap: ₹659 Cr
Sector: Healthcare
Calls analysed: 4

Latest concall · Q1 FY27 · call held 28 Jul 2026

Fabtech Technologies Limited Q1 FY27

Revenue ₹74.98 cr +10%EBITDA ₹7.41 cr EBITDA Margin 9% Net Profit ₹4.21 cr

What went well

Consolidated revenue grew 10% year-on-year to ₹74.98 crores, demonstrating resilience in a challenging global environment.
Achieved a net profit of ₹4.21 crores, a significant turnaround from a net loss of ₹6.13 crores in the corresponding quarter last year.
EBITDA recovered decisively to ₹7.41 crores with a 9% margin, compared to a negative EBITDA of ₹5.27 crores in Q1 FY26.

What to watch

Geopolitical situation has delayed the finalization of certain large orders, impacting conversion velocity.
UAE segment faced regional headwinds, leading to slower execution and conversion of high-tech projects.

Read the full call →

What Fabtech Technologies Limited does

Fabtech Technologies Limited, flagship of the Fabtech Group, delivers start-to-finish turnkey solutions for pharmaceutical, biotech and healthcare facilities, integrating design, engineering, in-house manufacturing, installation and validation. It operates across three integrated pillars — Precision Process Systems, Bio-Clean Air, and Pure Water — to build contamination-controlled, energy-efficient facility environments. The company runs an asset-light, integrated model with in-house manufacturing to minimise third-party dependency, and executes projects globally with operations anchored by UAE and Saudi Arabia and an expanding presence in Kenya and other African markets.

Segments

Process
Air
Water

Global presence: 62 countries (operations anchored by UAE & Saudi Arabia)
Team size: 180+ (incl. 94+ qualified engineers)
Secured projects: 20 (as of Nov 3, 2025)
Core business verticals: 3 — Process, Air (Cleanrooms/HVAC), Water
Group/subsidiary entities: 13+ across Process, Air & Water verticals
Certification: ISO-certified operations

Headquarters Mumbai, Maharashtra, IndiaEmployees 180 (9M FY26) Company website

Guidance record · Q1 FY27

what the last two calls moved 13 tracked 1 delivered 7 missed 5 open

FY26 Revenue delivered said Q3 FY26 Promised: Between 380 to 400 crores Q1 FY27: FY26 is complete. The final verdict stands.
Order Book Growth Rate missed said Q2 FY26 Promised: 7% to 9% growth per quarter in order conversions Q1 FY27: Order book remained flat at 900 cr. New order inflow was 96.5 cr, but the total book did not grow, continuing to miss the 7-9% quarterly growth target.
Order Book Conversion Rate at risk said Q3 FY26 Promised: Increase conversion rate to 20 to 25% Q1 FY27: Management reported that 'Several large ticket opportunities have slipped due to the geopolitical conditions', suggesting a slowdown in conversions. This puts the 20-25% target at risk.

All 13 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 10.2%, net profit up 168.7% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 FY27
Revenue	59	104	135	68	121 +107%	63 −40%	159 +18%	75 +10%
Expenses	54	81	117	74	91	74	136	71
EBITDA	5	23	18	-6	30 +564%	-12 −151%	22 +21%	4 +168%
Margin	8%	22%	14%	-9%	25%	-18%	14%	6%
Other income	2	2	3	3	3	7	10	3
Interest	0	0	1	1	1	1	1	1
Depreciation	1	1	1	1	1	1	1	1
Profit before tax	6	24	20	-6	31 +420%	-7 −128%	30 +50%	5 +184%
Tax rate	15%	13%	24%	-1%	10%	-15%	26%	20%
Net profit	5	20	15	-6	28 +449%	-6 −128%	22 +46%	4 +169%
EPS	1.58	6.32	4.66	-1.89	8.68	-1.28	4.96	0.95

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −19.4% 1Y

1Y: ₹182.4 on 7 Oct 2025 → ₹147.02. High ₹255.41 (28 Oct 2025), low ₹133.9 (23 Mar 2026).

How the price took the results

close before → close after

Q1 FY27: +0.1%; 28 Jul
Q4 FY26: +6.4%; 28 Apr
Q3 FY26: −1.0%; 14 Feb
Q2 FY26: +0.4%; 10 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Year ending	FY26
Revenue	₹411 Cr
Operating profit	₹35 Cr
Operating margin	8.5%
Interest	₹4 Cr
Depreciation	₹5 Cr
Net profit	₹38 Cr
Net margin	9.3%
ROCE	14.0%

How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year ending	FY21	FY22	FY23	FY24	FY25	FY26
Equity capital	₹0 Cr	₹3 Cr	₹3 Cr	₹3 Cr	₹32 Cr	₹44 Cr
Reserves	₹46 Cr	₹65 Cr	₹86 Cr	₹129 Cr	₹162 Cr	₹375 Cr
Borrowings	₹9 Cr	₹21 Cr	₹35 Cr	₹13 Cr	₹42 Cr	₹70 Cr
Other liabilities	₹70 Cr	₹83 Cr	₹89 Cr	₹125 Cr	₹181 Cr	₹164 Cr
Total liabilities	₹126 Cr	₹172 Cr	₹214 Cr	₹269 Cr	₹418 Cr	₹654 Cr
Fixed assets	₹2 Cr	₹5 Cr	₹4 Cr	₹22 Cr	₹79 Cr	₹78 Cr
Capital work in progress	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr
Investments	₹7 Cr	₹17 Cr	₹20 Cr	₹21 Cr	₹25 Cr	₹26 Cr
Other assets	₹116 Cr	₹150 Cr	₹190 Cr	₹226 Cr	₹313 Cr	₹550 Cr
Total assets	₹126 Cr	₹172 Cr	₹214 Cr	₹269 Cr	₹418 Cr	₹654 Cr

How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

All earnings calls (4)

Read the Q1 FY27 call →

Learn to analyse Fabtech Technologies Limited

Guides on how to read this kind of business and the numbers that matter.