Valuation Update With 7 Day Price Move • May 25
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹357, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 27x in the Building industry in India. Total returns to shareholders of 12% over the past year. Announcement • Apr 25
Fabtech Technologies Cleanrooms Limited to Report Fiscal Year 2026 Results on Apr 28, 2026 Fabtech Technologies Cleanrooms Limited announced that they will report fiscal year 2026 results at 12:15 PM, Indian Standard Time on Apr 28, 2026 Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹254, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 22x in the Building industry in India. Total loss to shareholders of 26% over the past year. Announcement • Mar 31
Fabtech Technologies Cleanrooms Limited (BSE:544332) completed the acquisition of an additional unknown stake in Advantek Air Systems Private Limited. Fabtech Technologies Cleanrooms Limited (BSE:544332) signed a letter of intent to acquire an additional unknown stake in Advantek Air Systems Private Limited for INR 25.5 million on February 12, 2026. A cash consideration of INR 25.49 million will be paid by Fabtech Technologies Cleanrooms Limited. As part of consideration, INR 25.49 million is paid towards common equity of Advantek Air Systems Private Limited.
For the period ending March 31, 2025, Advantek Air Systems Private Limited reported total revenue of INR 256.51 million.
The transaction received approval of offer from acquirer board. The expected completion of the transaction is March 15, 2026. As of March 14, 2026, the timeline for completion of the proposed acquisition of Advantek Air Systems Private Limited has been extended. The extension has been necessitated in order to complete certain execution-related formalities and documentation associated with the transaction. Accordingly, the Company now expects to complete the said acquisition on or before March 31, 2026.
Fabtech Technologies Cleanrooms Limited (BSE:544332) completed the acquisition of an additional unknown stake in Advantek Air Systems Private Limited on March 30, 2026. Announcement • Feb 13
Fabtech Technologies Cleanrooms Limited (BSE:544332) signed a letter of intent to acquire an additional unknown stake in Advantek Air Systems Private Limited for INR 25.5 million. Fabtech Technologies Cleanrooms Limited (BSE:544332) signed a letter of intent to acquire an additional unknown stake in Advantek Air Systems Private Limited for INR 25.5 million on February 12, 2026. A cash consideration of INR 25.49 million will be paid by Fabtech Technologies Cleanrooms Limited. As part of consideration, INR 25.49 million is paid towards common equity of Advantek Air Systems Private Limited.
For the period ending March 31, 2025, Advantek Air Systems Private Limited reported total revenue of INR 256.51 million.
The transaction received approval of offer from acquirer board. The expected completion of the transaction is March 15, 2026. Announcement • Jan 20
Fabtech Technologies Cleanrooms Limited (BSE:544332) acquired an additional 9.20% stake in Kelvin Air Conditioning and Ventilation Systems Private Limited for INR 46.5 million. Fabtech Technologies Cleanrooms Limited (BSE:544332) acquired an additional 9.20% stake in Kelvin Air Conditioning and Ventilation Systems Private Limited for INR 46.5 million on January 19, 2025. A cash consideration of INR 46.5 million will be paid by Fabtech Technologies Cleanrooms Limited. As part of consideration, INR 46.5 million is paid towards common equity of Kelvin Air Conditioning and Ventilation Systems Private Limited. Pursuant to this acquisition, the Company’s aggregate shareholding in Kelvin Air Conditioning and Ventilation Systems Private Limited stands at 60.53%.
Fabtech Technologies Cleanrooms Limited (BSE:544332) completed the acquisition of an additional 9.20% stake in Kelvin Air Conditioning and Ventilation Systems Private Limited on January 19, 2025. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹265, the stock trades at a trailing P/E ratio of 28.9x. Average trailing P/E is 27x in the Building industry in India. Total returns to shareholders of 57% over the past year. New Risk • Dec 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (50% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (₹4.14b market cap, or US$45.9m). Announcement • Nov 11
Fabtech Technologies Cleanrooms Limited to Report First Half, 2026 Results on Nov 14, 2025 Fabtech Technologies Cleanrooms Limited announced that they will report first half, 2026 results on Nov 14, 2025 Reported Earnings • Sep 05
Full year 2025 earnings released: EPS: ₹13.64 (vs ₹6.66 in FY 2024) Full year 2025 results: EPS: ₹13.64 (up from ₹6.66 in FY 2024). Revenue: ₹1.50b (up 54% from FY 2024). Net income: ₹133.0m (up 139% from FY 2024). Profit margin: 8.9% (up from 5.7% in FY 2024). The increase in margin was driven by higher revenue. Announcement • Sep 01
Fabtech Technologies Cleanrooms Limited, Annual General Meeting, Sep 26, 2025 Fabtech Technologies Cleanrooms Limited, Annual General Meeting, Sep 26, 2025, at 12:30 Indian Standard Time. Reported Earnings • May 28
Full year 2025 earnings released: EPS: ₹22.80 (vs ₹6.92 in FY 2024) Full year 2025 results: EPS: ₹22.80 (up from ₹6.92 in FY 2024). Revenue: ₹3.55b (up 264% from FY 2024). Net income: ₹318.2m (up 463% from FY 2024). Profit margin: 9.0% (up from 5.8% in FY 2024). The increase in margin was driven by higher revenue. Announcement • May 21
Fabtech Technologies Cleanrooms Limited to Report Fiscal Year 2025 Results on May 26, 2025 Fabtech Technologies Cleanrooms Limited announced that they will report fiscal year 2025 results on May 26, 2025 Announcement • Apr 05
Fabtech Technologies Cleanrooms Limited (BSE:544332) acquired an additional 17.67% stake in Kelvin Air Conditioning and Ventilation Systems Private Limited Fabtech Technologies Cleanrooms Limited (BSE:544332) acquired an additional 17.67% stake in Kelvin Air Conditioning and Ventilation Systems Private Limited on April 5, 2025.
Fabtech Technologies Cleanrooms Limited (BSE:544332) completed the acquisition of an additional 17.67% stake in Kelvin Air Conditioning and Ventilation Systems Private Limited on April 5, 2025. Announcement • Apr 04
Kinjal Nitinkumar Shah Resigns as Company Secretary & Compliance Officer and a Key Managerial Personnel of Fabtech Technologies Cleanrooms Limited, Effective 03rd April, 2025 Fabtech Technologies Cleanrooms Limited informed that Ms. Kinjal Nitinkumar Shah (ACS - 71269) vide her letter dated 03rd April, 2025 has tendered her resignation from the post of Company Secretary & Compliance Officer and a Key Managerial Personnel of the Company due to personal reason with effect from closing of business hours of 03rd April, 2024. New Risk • Apr 01
New major risk - Revenue and earnings growth Revenue has declined by 22% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 22% over the past year. Minor Risk Market cap is less than US$100m (₹4.18b market cap, or US$48.9m). Announcement • Mar 14
Fabtech Technologies Cleanrooms Limited Appoints Anup Manohar Munshi as Chief Executive Officer Fabtech Technologies Cleanrooms Limited at its board meeting held on March 12, 2025 approved appointment of Mr. Anup Manohar Munshi as a Chief Executive Officer and Key Managerial Personnel of the Company with effect from March 12, 2025. Mr. Anup Munshi's career spans over 30 years during which he has delivered great value across industries in the various positions that he has held. He has a degree in Pharmacy (Hons.) from BITS Pilani and thereafter a Post Graduate in Management Sciences from Mumbai University, he was awarded as the Best Trainee out of 40 trainees in Boehringer-Knoll, a leading MNC in the pharmaceutical space. Thereafter he joined the sales team of ACG WorldWide which was a market leader in manufacturing of Gelatin Capsules and pharmaceutical engineering machines. There, he was awarded 6 promotions in a span of 8 years and he was promoted to the position of General Manager as a result of his exceptional performance. Mr. Anup Munshi started his own journey as entrepreneur with exporting pharmaceuticals and pharmaceutical engineering equipment and went on to helm senior leadership positions with various organizations in finance, chemicals, and engineering sectors. He has immense knowledge of the pharmaceutical and Pharmaceutical Engineering Sectors and became a well renowned trainer, coach and conducted various training programmes across industries. Some of his core training subjects include Strategic Management and Decision Making, Customer Centricity, Impact Leadership, Managing Performance and Delegation, Drive towards Excellence, Core skills for managers, Personal Branding. He has been involved in academics and training, primary roles being National Head for Management Education in ICRI-Cranfield University(UK) Joint Venture in India, subsequently Course Director and Principal Trainer for ISIL-Speak First(UK) Joint Venture in training and coaching in India. He designed specialized curriculum for a management component in M.Sc. clinical research degree of ICRI-Cranfield (UK) and also designed total curriculum for MBA health-care degree, approved by Dibrugadh University for CREMA India Ltd. Announcement • Feb 24
Fabtech Technologies Cleanrooms Limited Announces the Resignation of Ausaf Ahmed Usmani as A Whole- Time Director Fabtech Technologies Cleanrooms Limited announced that the Board of Directors by Circular Resolution passed on 24th February, 2025, and upon recommendation of the Nomination and Remuneration Committee, considered and noted the resignation letter of Mr. Ausaf Ahmed Usmani as a Whole- time Director with effect from the close of business hours on 22 February, 2025, and approved his appointment as an Additional Non-Executive Non- Independent Director, with effect from 24 February 2025, whose office shall be liable to retire by rotation, subject to the approval of the shareholders. Reported Earnings • Feb 06
Full year 2024 earnings released: EPS: ₹6.00 (vs ₹6.92 in FY 2023) Full year 2024 results: EPS: ₹6.00 (down from ₹6.92 in FY 2023). Revenue: ₹622.3m (down 36% from FY 2023). Net income: ₹54.0m (down 6.6% from FY 2023). Profit margin: 8.7% (up from 5.9% in FY 2023). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to ₹342, the stock trades at a trailing P/E ratio of 72.8x. Average trailing P/E is 24x in the Construction industry in India. Board Change • Jan 13
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Non-Executive Director Chirag Doshi is the most experienced director on the board, commencing their role in 2024. Non-Executive Independent Director Rupal Haria was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. 
