The Transcript of Earning Conference call held on Monday, November 17,2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Fabtech Technologies Cleanrooms reported H1 FY26 standalone revenue of Rs 50 crore (vs Rs 57 crore last year) and standalone profit of Rs 2.9 crore (vs Rs 5.1 crore), weighed down by Rs 1.6 crore of one-time spending on reference creation like mock-ups, lab demos, and market visibility. Subsidiary Kelvin posted Rs 26 crore revenue with Rs 1.62 crore PAT and has an order book of Rs 40 crore. The consolidated order book stands at Rs 168 crore, with a strong pipeline of Rs 800 crore in active leads (Rs 225 crore in hot leads). Management targets Rs 225–250 crore in FY26 revenue with 30–40% year-on-year growth over the next two years, aiming to capture 20% of India's cleanroom market by 2030–31. Current capacity utilization is around 60%, with expansion to add Rs 100–120 crore in capacity by Q1 FY27. PAT margin guidance is 7–8% for the year, with normalization expected as the reference-building phase ends.
Near-term margins are under pressure as the company deliberately takes on lower-margin projects to build sector references, but the strong order pipeline and capacity expansion point to healthy revenue growth ahead. For shareholders, the message is one of short-term margin compression in exchange for a much larger long-term growth opportunity, particularly in non-pharma segments like solar, data centers, and semiconductors.