31-Oct-2026 09:54:57
FABTECH CLEANROOMS H1 FY27: ₹470 CR RECORD ORDER BOOK; ₹600 CR HOT PIPELINE, EXPECTS STRONGER H2 PROFITABILITY & MARGIN RECOVERY
• H2 FY27 Guidance: Management expects H2 PAT to exceed H1, supported by higher project execution, operating leverage and improving input costs • Margin Recovery: Expects EBITDA margin recovery during Q3 and Q4 FY27, supported by higher volumes and improved project execution • Record Order Book: Order book surged to approximately ₹470 Cr from ₹199 Cr in March 2026, providing strong future revenue visibility • Order Pipeline: Hot bidding pipeline stands at ₹600 Cr, with total offered pipeline of ₹1,250 Cr, supporting future order inflows • Large Order Win: Secured a ₹90 Cr single-ticket order in the life sciences segment, reflecting increasing project sizes • H1 Financial Results: Revenue increased 74.88% YoY to ₹133.23 Cr, EBITDA grew 75.13% to ₹10.28 Cr and PAT surged 54.65% to ₹5.15 Cr • Margin Performance: EBITDA margin stood at 7.67% versus 7.60% YoY, while PAT margin declined to 3.86% from 4.37% • Sequential H1 Performance: Revenue declined 6.92%, EBITDA fell 42.92% and PAT decreased 58.77% compared with H2 FY26 • Manufacturing Expansion: Strengthening production capacity through a new manufacturing facility in Hyderabad to support larger projects • Data Centre Business: Subsidiary Kelvin Air Conditioning is scaling HVAC operations, targeting growing demand for precision cooling and high-density AI data centres • Semiconductor Expansion: Associate AAR-T strengthening its semiconductor presence through import-substituting T-Grid technology and specialised engineering solutions • New Business Opportunities: Expanding into automotive, medical devices, electronics and electrical components alongside established pharma, biotech, solar and data centre businesses • Margin Challenges: Higher aluminium and raw material costs affected fixed-price projects, while competitive pricing in newer sectors also pressured profitability • Working Capital: Trade receivables stood at ₹129.10 Cr; management expects improved collection terms, pricing power and working capital efficiency by March–April 2027 • Funding Expansion: Secured enhanced banking facilities to support working capital requirements and execution of the larger order book • Future Growth Plans: Focused on larger project orders, improving margins, expanding manufacturing capacity and strengthening data centre and semiconductor operations
Fabtech Cleanrooms Limited