Builds modular cleanroom infrastructure — partitions, HVAC systems, ceilings and doors — for pharmaceutical, solar, data centre and semiconductor facilities across India. FY26 was a deliberate reference-building year, with management accepting lower margins to enter non-pharma sectors and cross the ₹200 crore consolidated revenue mark. Pharma and Renewable Energy now dominate the order book, with the latter overtaking pharma in mid-2026, led by a ₹65.10 crore order from a leading solar PV module manufacturer and the Waaree solar project. Manufacturing capacity includes a Hyderabad facility of 50,000 sq ft rated at 2,000 sq m of modular panels per day, plus a proprietary T-grade ceiling system rated for 1,500-1,600 kg loads. Raw materials — mainly steel and panels — account for 65.9% of revenue, the largest cost line. Execution is delivered through subsidiaries Kelvin (60.53% held), Advantek (34.99%) and Aart (28%), which together cover upstream cleanroom components. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Pharma cleanroom projects, Renewable energy cleanroom systems, Cleanroom partitions and doors, HVAC systems, Data centre cleanrooms, Semiconductor cleanrooms. Project-execution cleanroom engineering with modular manufacturing and long sales-to-installation cycles
| ₹ crore · consolidated | FY25 | FY26 |
|---|---|---|
| Revenue | 150 | 219 |
| EBITDA (ex other income) | — | — |
| margin % | — | — |
| Owners' profit | — | — |
| EPS, as reported (₹) | 13.64 | 12.84 |
| ROE % · ROCE % | — · 16.9 | — · 19.6 |
| Debt / equity (x) | — | — |
| Cash from operations | 3 | (17) |
| Capex | (3) | 0 |
| ₹ crore | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|
| Revenue | 88 | 76 | 143 |
| Profit before tax | 9 | 5 | 15 |
| Net profit | — | — | — |
| EPS (₹) | 5.70 | 2.70 | 10.40 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ADITYA INFOTECH LIMITED | 45,150 | 93.8 | 24.06 | 77.9 | 19.6 | 24.5 | — | 14.8 |
| SYRMA SGS TECHNOLOGY LTD | 30,717 | 82.8 | 10.02 | 53.5 | 11.3 | 13.4 | — | 11.1 |
| HONEYWELL AUTOMATION IND | 30,536 | 55.7 | 6.84 | — | 11.8 | 15.5 | — | 18.2 |
| KAYNES TECHNOLOGY IND LTD | 23,496 | 67.9 | 4.93 | 33.3 | 7.6 | 9.8 | — | 17.1 |
| JYOTI CNC AUTOMATION LTD | 22,490 | 69.9 | 11.24 | 39.7 | 16.8 | 19.2 | — | 22.2 |
| LMW LIMITED | 19,058 | 109.1 | 6.65 | 61.8 | 4.6 | 5.9 | 13.2 | 11.9 |
| TEGA INDUSTRIES LIMITED | 12,982 | 455.9 | 3.81 | 38.8 | 4.2 | 5.4 | — |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 10 Sept 2026 · Fabtech Cleanrooms reports Rs 5.39 cr August orders; order book at Rs 469.28 cr | business updates | medium | — | — |
| 8 Sept 2026 · Auditor certifies receipt of funds for 3.80 lakh warrants preferential issue | compliance | minimal | — | — |
| 7 Sept 2026 · Promoter group gets 3.80 lakh warrants via preferential allotment | ownership changes | high | — | — |
| 4 Sept 2026 · Fabtech Cleanrooms files FY26 annual report; AGM set for Sept 28 | results | high | — | — |
| 4 Sept 2026 · Allotment of 3.8 lakh warrants at INR 394 each on preferential basis | fund raising | high | — | — |
| 2 Sept 2026 · Fabtech Cleanrooms board approves FY26 directors' report, fixes AGM on Sep 28 | results | high | — | — |
| 18 Aug 2026 · EGM approves preferential issue of convertible warrants to promoters | compliance | minimal | — | — |
| 17 Aug 2026 · EGM held; preferential warrants issue to promoters up for shareholder approval | board shareholder meetings | medium | — | — |
| 10 Aug 2026 · Fabtech Cleanrooms bags 152 crore orders in July, order book at 490 crore | business updates | high | — | — |
| 27 Jul 2026 · Newspaper ad for EGM and remote e-voting facility | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| 4.2 |
| LLOYDS ENGG WORK LIMITED | 12,285 | 48.3 | 7.30 | 50.1 | 11.7 | 11.5 | — | 15.0 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 25.2 | 26.9 | 63 of 138 | 55% |
| ROCE | 18.3 | 11.3 | 39 of 144 | 73% |
| Market cap | 584 | 356 | 56 of 140 | 60% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
