{"id":54173,"date":"2026-05-05T18:39:27","date_gmt":"2026-05-05T13:09:27","guid":{"rendered":"https:\/\/financialtelegraph.in\/index.php\/2026\/05\/05\/fabtech-technologies-cleanrooms-limited-crosses-rs-200-crore-in-revenue-pat-grows-18-95-in-fy2026\/"},"modified":"2026-05-05T18:39:27","modified_gmt":"2026-05-05T13:09:27","slug":"fabtech-technologies-cleanrooms-limited-crosses-rs-200-crore-in-revenue-pat-grows-18-95-in-fy2026","status":"publish","type":"post","link":"https:\/\/financialtelegraph.in\/index.php\/2026\/05\/05\/fabtech-technologies-cleanrooms-limited-crosses-rs-200-crore-in-revenue-pat-grows-18-95-in-fy2026\/","title":{"rendered":"Fabtech Technologies Cleanrooms Limited Crosses Rs 200 Crore in Revenue, PAT Grows 18.95% in FY2026"},"content":{"rendered":"
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\"Fabtech<\/p>\n

Mumbai (Maharashtra) [India], May 5:<\/strong> Consolidated Revenue up 46.9% to \u20b9221.72 Cr \u00b7 Profit Before Tax up 17.14% to \u20b919.95 Cr \u00b7 PAT grows from \u20b913.29 Cr to \u20b915.82 Cr \u00b7 Strategic synergies with Kelvin and AART deliver strong growth trends<\/p>\n

Overview<\/h3>\n

Fabtech Technologies Cleanrooms Limited announced audited consolidated financial results for the year ended March 31, 2026. The Company crossed the \u20b9200 Crore revenue milestone, growing 46.9% year-on-year to \u20b9221.72 Crore. Profit Before Tax rose 17.14% to \u20b919.95 Crore, and PAT attributable to shareholders grew from \u20b913.29 Crore to \u20b915.82 Crore.<\/p>\n

Management Commentary<\/strong><\/h3>\n

\u201cFY26 was a year of deliberate investment, product, and industry expansions with reference to building. We crossed \u20b9200 Crore in revenue, entered new sectors, and built the foundations of an engineering ecosystem that will define Fabtech for the decade ahead. Internally, we have formulated Vision 2030 \u2014 our commitment to develop Fabtech into a powerhouse of engineering precision, with a world-class talent pool delivering exceptional project management and manufacturing outcomes for our clients, partners, and collaborators. We are building for scale, and every decision this year \u2014 from acquisitions to new industry references \u2014 was made with that horizon in mind.\u201d<\/p>\n

Key Financials<\/strong><\/h3>\n
    \n
  • Revenue:<\/strong> \u20b9221.72 Cr (+46.90% YoY)<\/li>\n
  • EBITDA:<\/strong> \u20b923.16 Cr (+28.27% YoY)<\/li>\n
  • Profit Before Tax:<\/strong> \u20b919.95 Cr (+17.14% YoY)<\/li>\n
  • PAT:<\/strong> \u20b915.82 Cr (+18.95% YoY)<\/li>\n<\/ul>\n

    On Profitability \u2014 A Deliberate Investment & Reference Year<\/strong><\/h3>\n

    PAT margins saw a compression to 7.13% (from 8.81% in FY25), and management has been transparent about the causes \u2014 all of which were planned investments, not only surprises:<\/p>\n

      \n
    • New sector entry \u2014 Reference building:<\/strong> Fabtech deliberately accepted tighter margins in non-pharma sectors \u2014 including data centres, solar, and microelectronics \u2014 to establish project credentials. Winning references with marquee industry names required competitive pricing. These are now helping us build a pipeline of orders. \u20b968 crore solar project for Waaree (Sangam Solar) marked a critical milestone\u2014increasing our previous single-ticket average and establishing our footprint in high-scale renewable infrastructure.<\/li>\n
    • Operational Integrity:<\/strong> Identified and neutralized internal operational leaks related to information security; the company has taken care of it due to its implementation of rigorous governance protocols and review mechanisms to protect project margins and proprietary value.<\/li>\n
    • Supply Chain Fortitude:<\/strong> Unprecedented global geopolitical volatility and raw material bottlenecks that impacted the industry. The company remains confident on overcoming the situation and getting back on track.<\/li>\n
    • Sundry debtors,<\/strong> amounting to \u20b984 lakhs, were written off pursuant to an NCLT order. This has resulted in a decrease in profit for the year. Neutralized a \u20b91 crore impact from Altair through a strategic merger into Advantek, simultaneously increasing our stake to 34.99%.<\/li>\n
    • Sales promotion & exhibitions:<\/strong> Investment in sector-specific exhibitions, trade participation, and market development for new verticals\/non-pharma \u2014 and tangible new project leads across data centres, solar, and semiconductors. Expanded our market presence by scaling our marketing investment to \u20b93.5 crore, a 143% rise over the previous year (\u20b91.4 crore in FY25).<\/li>\n
    • People & infrastructure:<\/strong> Employee benefit expenses nearly doubled YoY, of 103% to \u20b917.7 crore (vs. \u20b98.73 crore in FY25) (includes subsidiary during this year), securing the specialized expertise required for upcoming high-value projects and being future-ready. Reflecting planned headcount additions across project management and engineering, as well as enhanced employee amenities.<\/li>\n<\/ul>\n

      Despite these investments, absolute earnings grew. PAT rose from \u20b913.3 Crore to \u20b915.8 Crore, representing an improvement on both topline (\u20b9150.89 Cr \u2192 \u20b9221.72 Cr) and absolute earnings (\u20b913.29 Cr \u2192 \u20b915.82 Cr) \u2014 even while bearing the full cost of sector-entry references, including solar. Margin stabilisation is management\u2019s stated priority for FY27, and the conditions for this \u2014 normalised input costs, references converted, and a larger fixed-cost base now absorbed \u2014 are in place.<\/p>\n

      Working Capital & Cash Flow<\/strong><\/h3>\n

      Trade receivables grew from \u20b953 Crore to \u20b987.79 Crore \u2014 in line with revenue scaling from \u20b9150.89 Crore to \u20b9221.72 Crore. In all the companies, the last quarter saw an increase in billing, the trade receivables rose. Working capital requirements have expanded commensurately with the scale of the order book, and the Company is actively working with banking partners to enhance working capital credit limits to match the larger business it is executing. Short-term loans and advances increased accordingly as part of this structured scale-up of financing.<\/p>\n

      Note:<\/strong> Geopolitical supply chain disruptions in Q4 FY2026 led to proactive inventory build-up to safeguard customer delivery timelines. While this temporarily elevated inventory and working capital outflows, it protected project execution continuity \u2014 a reflection of Fabtech\u2019s customer-first commitment.<\/p>\n

      Ecosystem In Action \u2014 Subsidiaries & Associates<\/strong><\/h3>\n

      Fabtech\u2019s strategy of building an integrated cleanroom ecosystem is producing measurable results. Both key subsidiaries demonstrated strong independent traction in FY2026:<\/p>\n

      Subsidiary: Kelvin Air Conditioning & Ventilation Systems<\/h4>\n

      Fabtech increased its stake to 60.20%, consolidating Kelvin as a subsidiary. Kelvin delivered an estimated topline of \u20b964.53 Crore for the year, with strong performance in both turnkey cleanroom HVAC delivery and data centre projects. Kelvin\u2019s integration into Fabtech project bids is deepening, with procurement and margin synergies expected to reflect meaningfully in FY2027.<\/p>\n

      Associate: Aart<\/h4>\n

      Fabtech\u2019s stake in AART of 28% (March 2026) is showing the synergistic approach towards the microelectronics sector. AART has more than doubled its topline \u2014 from \u20b916.6 Crore to \u20b934.49 Crore \u2014 driven by reference project wins in non-pharma and microelectronics sectors. Margins are currently modest, consistent with a deliberate reference-building phase. This growth validates the market size and confirms AART as proof of concept for Fabtech\u2019s sector-agnostic cleanroom strategy.<\/p>\n

      The strategic acquisitions of Kelvin Air Conditioning & Ventilation Systems and AART have meaningfully increased consolidated topline\u2014 validating Fabtech\u2019s ecosystem-led growth model.<\/p>\n

      Outlook \u2014 Fy27 & Vision 2030<\/h3>\n