Fabtech Cleanrooms reported a strong H1 FY27 performance with consolidated revenue climbing to Rs 133.23 crore. While profits rose, the board has deferred its planned preferential allotment, and auditors flagged a Rs 20 lakh cyber fraud at a subsidiary.
Fabtech Cleanrooms Posts Strong H1 Growth Amid Strategic Shifts
Consolidated revenue for the half-year ended September 30, 2026, rose to Rs 133.23 crore from Rs 76.19 crore in the same period last year. Consolidated profit after tax increased to Rs 5.15 crore compared to Rs 3.33 crore in the previous year.
Reader Takeaway: Robust top-line growth is tempered by the unexpected deferral of fundraising plans and reported subsidiary governance issues.
What just happened
Fabtech Cleanrooms released its unaudited financial results for the half-year ending September 30, 2026. The company reported a sharp increase in both standalone and consolidated revenue and profits. Simultaneously, the board of directors announced a decision to defer a proposal for raising capital through a preferential allotment.
Governance and Audit Observations
Statutory auditors, Ajmera & Ajmera, highlighted a cyber fraud loss of Rs 20 lakh involving the company’s subsidiary, Kelvin Air Conditioning and Ventilation Systems Private Limited. This loss has been accounted for as an exceptional item in the consolidated financial statements. Investors should note this potential gap in internal controls.
Corporate Strategy
The company recently issued 3,80,711 convertible warrants priced at Rs 394 per warrant, totaling Rs 15 crore. As of the reporting date, the company has successfully collected 25% of the total issue price, amounting to Rs 3.75 crore, which is reflected in the balance sheet as money received against share warrants.
What to track next
Shareholders should monitor the company’s revised stance on its capital raising efforts and look for management updates regarding the strength of internal systems following the cyber fraud event.