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Fabtech Technologies Ltd

FABTECH·NSE
147.02-0.14%Tue, 22 Sept '26

Fabtech Technologies Ltd

FABTECH
NSE
147.02
-0.14%
|Tue, 22 Sept '26
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6M
Price
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Quick Ratios

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Mkt Cap
Market Capitalization
654Cr
Close
Close Price
147.02
Industry
Industry
Trading
PE
Price To Earnings
10.64
PS
Price To Sales
1.56
Revenue
Revenue
418Cr
Rev Gr TTM
Revenue Growth TTM
14.16%
PAT Gr TTM
PAT Growth TTM
41.00%

Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
RevenueCr
59104135681216315975
Growth YoY
Revenue Growth YoY%
106.8-39.817.510.3
Expenses
ExpensesCr
548111774917413671
Operating Profit
Operating ProfitCr
52318-630-11224
OPM
OPM%
7.821.913.6-9.125.1-18.314.05.7
Other Income
Other IncomeCr
223337103
Interest Expense
Interest ExpenseCr
00111111
Depreciation
DepreciationCr
11111111
PBT
PBTCr
62420-631-7305
Tax
TaxCr
13503-181
PAT
PATCr
52015-628-6224
Growth YoY
PAT Growth YoY%
449.0-127.846.2168.7
NPM
NPM%
8.719.611.2-9.023.1-9.113.95.6
EPS
EPS
1.66.34.7-1.98.7-1.65.80.9
QuarterSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
RevenueCr
59104135681216315975
Growth YoY
Revenue Growth YoY%
106.8-39.817.510.3
Expenses
ExpensesCr
548111774917413671
Operating Profit
Operating ProfitCr
52318-630-11224
OPM
OPM%
7.821.913.6-9.125.1-18.314.05.7
Other Income
Other IncomeCr
223337103
Interest Expense
Interest ExpenseCr
00111111
Depreciation
DepreciationCr
11111111
PBT
PBTCr
62420-631-7305
Tax
TaxCr
13503-181
PAT
PATCr
52015-628-6224
Growth YoY
PAT Growth YoY%
449.0-127.846.2168.7
NPM
NPM%
8.719.611.2-9.023.1-9.113.95.6
EPS
EPS
1.66.34.7-1.98.7-1.65.80.9

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
RevenueCr
133121257194226327411418
Growth
Revenue Growth%
-9.3112.5-24.616.744.525.814.2
Expenses
ExpensesCr
121111225169192289376372
Operating Profit
Operating ProfitCr
1310322534383545
OPM
OPM%
9.78.412.513.015.011.58.510.9
Other Income
Other IncomeCr
524106272323
Interest Expense
Interest ExpenseCr
11352244
Depreciation
DepreciationCr
01222355
PBT
PBTCr
1611312836604860
Tax
TaxCr
43869141011
PAT
PATCr
128232227463849
Growth
PAT Growth%
-34.9207.6-7.425.270.7-17.441.0
NPM
NPM%
8.86.39.111.212.014.29.311.7
EPS
EPS
44.529.07.36.78.414.310.013.8
Financial YearMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
RevenueCr
133121257194226327411418
Growth
Revenue Growth%
-9.3112.5-24.616.744.525.814.2
Expenses
ExpensesCr
121111225169192289376372
Operating Profit
Operating ProfitCr
1310322534383545
OPM
OPM%
9.78.412.513.015.011.58.510.9
Other Income
Other IncomeCr
524106272323
Interest Expense
Interest ExpenseCr
11352244
Depreciation
DepreciationCr
01222355
PBT
PBTCr
1611312836604860
Tax
TaxCr
43869141011
PAT
PATCr
128232227463849
Growth
PAT Growth%
-34.9207.6-7.425.270.7-17.441.0
NPM
NPM%
8.86.39.111.212.014.29.311.7
EPS
EPS
44.529.07.36.78.414.310.013.8

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
Equity CapitalCr
003333244
Reserves
ReservesCr
38466586129141375
Current Liabilities
Current LiabilitiesCr
8377101122135225207
Non Current Liabilities
Non Current LiabilitiesCr
224322827
Total Liabilities
Total LiabilitiesCr
124126172214269427654
Current Assets
Current AssetsCr
110113147181241314516
Non Current Assets
Non Current AssetsCr
1412253328113132
Total Assets
Total AssetsCr
124126172214269427654
Financial YearMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
Equity CapitalCr
003333244
Reserves
ReservesCr
38466586129141375
Current Liabilities
Current LiabilitiesCr
8377101122135225207
Non Current Liabilities
Non Current LiabilitiesCr
224322827
Total Liabilities
Total LiabilitiesCr
124126172214269427654
Current Assets
Current AssetsCr
110113147181241314516
Non Current Assets
Non Current AssetsCr
1412253328113132
Total Assets
Total AssetsCr
124126172214269427654

Cash Flow

Consolidated
Standalone
Financial YearMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow
Operating Cash FlowCr
64-9-3-1460-360
Investing Cash Flow
Investing Cash FlowCr
-194-92-30-20-112
Financing Cash Flow
Financing Cash FlowCr
-236812-1236190
Net Cash Flow
Net Cash FlowCr
221-4018-2078
Free Cash Flow
Free Cash FlowCr
64-9-4-1459-61
CFO To PAT
CFO To PAT%
543.8-120.3-11.3-63.9222.0-77.81.3
CFO To EBITDA
CFO To EBITDA%
494.6-90.2-8.3-55.3178.3-95.91.4
Financial YearMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow
Operating Cash FlowCr
64-9-3-1460-360
Investing Cash Flow
Investing Cash FlowCr
-194-92-30-20-112
Financing Cash Flow
Financing Cash FlowCr
-236812-1236190
Net Cash Flow
Net Cash FlowCr
221-4018-2078
Free Cash Flow
Free Cash FlowCr
64-9-4-1459-61
CFO To PAT
CFO To PAT%
543.8-120.3-11.3-63.9222.0-77.81.3
CFO To EBITDA
CFO To EBITDA%
494.6-90.2-8.3-55.3178.3-95.91.4

Ratios

Consolidated
Standalone
Financial YearMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Current
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
620654
Price To Earnings
Price To Earnings
16.210.6
Price To Sales
Price To Sales
1.51.6
Price To Book
Price To Book
1.51.6
EV To EBITDA
EV To EBITDA
13.011.3
Profitability Ratios
Profitability Ratios
GPM
GPM%
45.243.139.543.439.537.3
OPM
OPM%
9.78.412.513.015.011.58.510.9
NPM
NPM%
8.86.39.111.212.014.29.311.7
ROCE
ROCE%
44.020.939.226.626.124.311.311.3
ROE
ROE%
30.616.534.824.420.626.89.19.1
ROA
ROA%
9.56.113.710.210.110.95.95.9
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
Financial YearMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Current
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
620654
Price To Earnings
Price To Earnings
16.210.6
Price To Sales
Price To Sales
1.51.6
Price To Book
Price To Book
1.51.6
EV To EBITDA
EV To EBITDA
13.011.3
Profitability Ratios
Profitability Ratios
GPM
GPM%
45.243.139.543.439.537.3
OPM
OPM%
9.78.412.513.015.011.58.510.9
NPM
NPM%
8.86.39.111.212.014.29.311.7
ROCE
ROCE%
44.020.939.226.626.124.311.311.3
ROE
ROE%
30.616.534.824.420.626.89.19.1
ROA
ROA%
9.56.113.710.210.110.95.95.9
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
Fabtech Technologies is a company that builds entire pharmaceutical factories from scratch - not just the shell, but the sterile interiors, the machinery that makes the medicine, and the systems that purify the air and water - and hands over a working, regulation-ready facility to the client, all under a single contract. It was born from three decades of engineering work in emerging markets, and its recurring approach is to eliminate the chaos of multiple vendors by manufacturing the three critical lifelines of any drug plant - process equipment, cleanrooms, and water systems - in-house, so the client deals with one accountable partner instead of a dozen. That integrated, design-led model, delivered in hard-currency contracts across 62 countries, is the thread that runs through everything the company does. # Business segments A single engine - turnkey life-sciences infrastructure - delivered across human pharmaceuticals, animal health, and an emerging green-energy overlay, all built on the same in-house manufacturing backbone. ## 1. Turnkey pharma factories: a single-accountability builder for emerging markets **The company designs, equips, and commissions complete drug-manufacturing facilities, taking end-to-end responsibility so that a client in Lagos or Riyadh gets a working, regulation-ready plant without having to stitch together a dozen separate contractors.** - **Three pillars made in-house** - it manufactures the process equipment that makes the medicine, the cleanroom panels and air-handling units that keep the environment sterile, and the purified-water systems that feed the production line, which means it controls the "critical lifelines" of a biopharmaceutical facility without depending on external vendors. - **Regulation-ready from the blueprint** - every project is engineered to meet global standards like WHO, EU-GMP, USFDA, and UKMHRA guidelines from the first drawing to the final validation, so the client gets a facility that is built for compliance, not retrofitted for it later. - **Paid in dollars, triggered by shipment** - revenue is recognised on project progress, with the bill of lading against the LC being the trigger, and all billing is in USD, which shields the company from the currency devaluation risk that plagues its operating markets. - **An 18-to-24-month promise** - the typical project cycle runs from a year and a half to two years, with specific jobs ranging from an 11-month animal-vaccine facility in Saudi Arabia to a 23-to-27-month tablet-capsule plant in West Africa, giving clients a predictable timeline. - **The order book is the forward story** - with a consolidated order book above ₹900 crore as of March 2026, the company has revenue visibility stretching roughly two years ahead, and it does not announce a project until a letter of credit is in hand, treating that as the only reliable sign of a real start. ## 2. Animal health: the same factory logic, applied to veterinary medicine **Using the identical turnkey model, the company has moved into building vaccine and formulations plants for the animal-health industry, opening a new customer set with the same in-house manufacturing engine.** - **A vaccine fill-finish entry** - the company secured a vaccine fill-finish facility project, marking its move beyond human pharmaceuticals into the veterinary segment, where the same GMP (Good Manufacturing Practice) standards apply. - **Saudi Arabia in under a year** - a $7.8 million turnkey project for an animal-vaccine facility, covering cleanrooms, HVAC, MEP, and utilities through to handover, with an 11-month execution timeline, showed the model could be adapted to a faster, animal-health cycle. - **North Africa opens the EU door** - a veterinary formulations facility in North Africa, targeted for completion by early FY27, is being built to EU-GMP standards, which would let the client export to the European Union and neighbouring African markets, making it a gateway project as much as a factory. ## 3. Green-energy overlay: wiring renewable power into the factory package **Through a partnership with a renewable-energy group, the company is beginning to offer clients factories that run on solar, wind, or battery-stored power - adding an energy layer to its turnkey promise without having to build that capability itself.** - **Clean power bundled in** - under an MoU with KP Group, every project Fabtech executes can now be powered by renewable energy, with the partner providing and integrating solar, wind, hybrid, battery storage, and even green-hydrogen solutions into the company's pharma and biotech facilities. - **A shield against diesel and grid risk** - by embedding renewable power into the infrastructure from the start, the offer reduces clients' exposure to unreliable grids and volatile fuel costs in emerging markets, which matters in regions where power interruptions can ruin a sterile batch. - **Pre-engineered buildings close the loop** - the company is also exploring hybrid solutions that combine pre-engineered building structures with solar integration, via partnerships with firms like Optech, under initiatives it calls Operation Greenfield and Green Shield, aiming to control the civil-infrastructure timeline that often delays project starts. # Group structure and partners **The listed parent company operates through a web of wholly owned subsidiaries in the UAE and Saudi Arabia, plus strategic minority stakes in specialist equipment makers, creating a local-execution footprint without bloating the balance sheet.** - **Local subsidiaries for local trust** - Fabtech Technologies Limited owns 100% of entities in the UAE (FTS) and Saudi Arabia (Fabtech Saudi), and is investing a further AED 1,00,000 into its Sharjah subsidiary to deepen its Gulf presence, because the company sees local incorporation as essential for winning trust and accessing contracts in GCC markets. - **A Saudi step-down for non-pharma work** - in June 2026, the Sharjah subsidiary signed a shareholders' agreement to create a new Saudi company, Specialized Contracting Activities LLC, with Fabtech holding 51%, which will pursue mechanical, electrical, and plumbing contracts outside the pharma sector, diversifying the group's project base. - **Minority stakes that fill capability gaps** - a 33% stake in Mark Maker gives access to granulation and oral-solid-dose process lines, a 49% stake in FABL Technologies provides containment solutions for high-potency projects like oncology and vaccines, and a roughly 16% stake in TSA (which the company is exiting) supplied water systems across its pharma projects, so the group gets specialist equipment without having to build every niche in-house. - **A separately listed India sibling** - Fabtech Technologies Cleanrooms Ltd (FTCL) is an independent listed entity focused on India's cleanroom market, serving pharma, biotech, semiconductor, and green-energy clients with FM Global-certified modular solutions, while Fabtech Technologies Ltd concentrates on international turnkey life-sciences projects, keeping the two businesses distinct in geography and scope.

Documents — Fabtech Technologies Ltd

  • Q1 FY2027 Earnings Call Transcript (Jun 2026, PDF): https://www.stockscans.in/document/hbsp2xpyxoasba6mxkan9o4b.pdf
  • Q4 FY2026 Earnings Call Transcript (Mar 2026, PDF): https://www.stockscans.in/document/gmsgh6tyv75hz2wzwk9kl9z7.pdf
  • Q3 FY2026 Earnings Call Transcript (Dec 2025, PDF): https://www.stockscans.in/document/bj6z1ja1705kge5q2mtoiyfg.pdf
  • Q2 FY2026 Earnings Call Transcript (Sep 2025, PDF): https://www.stockscans.in/document/rwnfeitqry9cv8r0lhiip327.pdf
  • Q1 FY2027 Quarterly Result (Jun 2026, PDF): https://www.stockscans.in/document/49znihzb2d0siw3jo017ktke.pdf
  • Q4 FY2026 Quarterly Result (Mar 2026, PDF): https://www.stockscans.in/document/ggz3w05ks9odqikc1r2flpav.pdf
  • Q3 FY2026 Quarterly Result (Dec 2025, PDF): https://www.stockscans.in/document/8yvakdetk1m2c8mj2xez7phf.pdf
  • Q2 FY2026 Quarterly Result (Sep 2025, PDF): https://www.stockscans.in/document/vkga047orfl7rjvabbap6ku0.pdf
  • Q1 FY2027 Investor Presentation (Jun 2026, PDF): https://www.stockscans.in/document/2rw3z3gnyt8vmo79f3hm1vfz.pdf
  • Q4 FY2026 Investor Presentation (Mar 2026, PDF): https://www.stockscans.in/document/lt4hurktwy1d4l17raiv2i4a.pdf
  • Q3 FY2026 Investor Presentation (Dec 2025, PDF): https://www.stockscans.in/document/3uvb54wyrxx6tk0hyhngan64.pdf
  • Q2 FY2026 Investor Presentation (Sep 2025, PDF): https://www.stockscans.in/document/3m2sbosw2u090qzfcdagnxlq.pdf
  • FY2026 Annual Report (PDF): https://www.stockscans.in/document/wa7ay9df2o70dhdmztqkzt8p.pdf

Concall Transcript Summaries — Fabtech Technologies Ltd

  • Q1 FY2027 Concall Transcript Summary (Jun 2026): https://www.stockscans.in/company/NSE%3AFABTECH/transcript-notes/202606/hbsp2xpyxoasba6mxkan9o4b.pdf
  • Q4 FY2026 Concall Transcript Summary (Mar 2026): https://www.stockscans.in/company/NSE%3AFABTECH/transcript-notes/202603/gmsgh6tyv75hz2wzwk9kl9z7.pdf
  • Q3 FY2026 Concall Transcript Summary (Dec 2025): https://www.stockscans.in/company/NSE%3AFABTECH/transcript-notes/202512/bj6z1ja1705kge5q2mtoiyfg.pdf
  • Q2 FY2026 Concall Transcript Summary (Sep 2025): https://www.stockscans.in/company/NSE%3AFABTECH/transcript-notes/202509/rwnfeitqry9cv8r0lhiip327.pdf