Fabtech appoints Bharti Khanna as Additional Director for five years

1 min read     Updated on 26 May 2026, 05:51 AM
scanx
Reviewed by
Suketu GScanX News Team
AI Summary

Fabtech Technologies Limited's board appointed Ms. Bharti Khanna as Additional Director (Non-Executive & Independent) for five years, subject to shareholder approval, and Mr. Ajaj Abdul Rahiman Kazi as Senior Vice President. The board also noted the retirement of Mr. Dilip Ghosh and Mr. Ranganathan Gkseetharaman from senior management roles effective May 25, 2026. A draft Postal Ballot Notice was approved to seek shareholder approval for the appointment of Ms. Rupal Dhiren Haria and Ms. Bharti Khanna as Non-Executive Independent Directors.

powered bylight_fuzz_icon
41255160

*this image is generated using AI for illustrative purposes only.

Fabtech Technologies Limited appointed Ms. Bharti Khanna as an Additional Director (Non-Executive & Independent) for a term of five years with immediate effect, subject to shareholder approval. The board also approved the appointment of Mr. Ajaj Abdul Rahiman Kazi as Senior Vice President and Senior Management Personnel. Additionally, the board noted the retirement of Mr. Dilip Ghosh and Mr. Ranganathan Gkseetharaman from their positions as Senior Management Personnel effective May 25, 2026.

The appointments were made based on the recommendations of the Nomination and Remuneration Committee. Ms. Bharti Khanna brings over 30 years of experience in the pharmaceutical industry, with expertise in R&D, regulatory affairs, and strategic project management. Mr. Ajaj Abdul Rahiman Kazi, a certified Project Management Professional (PMP), has over 27 years of experience in MEP project management and business development, previously serving as Head – MEP at Reliance Industries.

The board approved a draft Postal Ballot Notice to seek shareholder approval for the appointment of Ms. Rupal Dhiren Haria and Ms. Bharti Khanna as Non-Executive Independent Directors. The notice will be published and communicated in due course.

Key Appointments and Retirements

Name Role Status Date
Ms. Bharti Khanna Additional Director (Non-Executive & Independent) Appointed May 25, 2026
Mr. Ajaj Abdul Rahiman Kazi Senior Vice President Appointed May 25, 2026
Mr. Dilip Ghosh Senior Vice-President – Operations Retired May 25, 2026
Mr. Ranganathan Gkseetharaman Assistant Vice President - Logistics Retired May 25, 2026

Historical Stock Returns for Fabtech Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+1.44%+5.67%+3.03%-34.58%-12.85%-12.85%

How will Ms. Khanna's pharmaceutical expertise influence Fabtech's strategic direction and potential diversification?

What operational changes does Mr. Kazi's appointment signal for Fabtech's project management and business development?

How will the retirement of key senior management personnel impact the company's operational continuity?

Fabtech Technologies Reports 28.4% Revenue Growth in FY26 Amid Global Challenges

2 min read     Updated on 02 May 2026, 10:56 PM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Fabtech Technologies Limited reported strong FY26 results with total income growing 28.4% to ₹431.33 crore and EBITDA rising 18.29% to ₹55.56 crore despite global challenges. The company strengthened its balance sheet through ₹230 crore equity infusion, achieved cash flow positive status, and maintains order book exceeding ₹900 crore with 18-24 months revenue visibility.

powered bylight_fuzz_icon
39288400

*this image is generated using AI for illustrative purposes only.

Fabtech Technologies Limited delivered robust financial performance in FY26, achieving total income growth of 28.4% year-on-year to ₹431.33 crore despite challenging global macroeconomic conditions. The company's EBITDA increased by 18.29% to ₹55.56 crore, demonstrating resilience in execution capabilities across its international operations spanning over 60 major geographies.

Strong Financial Performance and Balance Sheet Transformation

The company's financial metrics showed substantial improvement across key parameters during FY26:

Financial Metric FY26 FY25 Change (%)
Total Income ₹431.33 crore ₹335 crore +28.4%
EBITDA ₹55.56 crore ₹46.97 crore +18.29%
Operational PAT ₹36.60 crore ₹31.27 crore +17.4%
Cash and Bank Balance ₹208.57 crore ₹35 crore 5x increase
Total Equity ₹419.77 crore ₹173 crore +142.6%

A strategic equity infusion of approximately ₹230 crore fundamentally strengthened the company's balance sheet, positioning it for future expansion. The company achieved cash flow positive status, turning from negative ₹36 crore to positive ₹50 lakh, while reducing current borrowings from ₹54 crore to ₹42 crore.

Geographic Revenue Distribution and Market Expansion

The company's global business operations showed strong performance across key markets, with UAE emerging as the largest contributor:

Geography FY26 Revenue Performance
UAE ₹126.60 crore Largest market growth
Saudi Arabia ₹82.72 crore Strategic localization
Kenya ₹43.24 crore Strong momentum

The company's expansion strategy focuses on GCC localization through subsidiaries and joint ventures, including 100% subsidiaries in UAE and Saudi Arabia, 33.33% stake in Mark Maker for process equipment, and strategic partnerships across pharmaceutical emerging markets.

Q4 FY26 Performance Highlights

The fourth quarter demonstrated particularly strong execution with total income reaching ₹168.24 crore, representing 22% year-on-year growth. Quarterly net profit rebounded to ₹22.06 crore, reflecting improved operational strength and providing momentum entering the new fiscal year.

Order Book and Project Pipeline

Fabtech Technologies maintains a robust order book exceeding ₹900 crore, providing revenue visibility for 18-24 months. The company has successfully increased project ticket sizes from earlier $30-40 million to current orders worth $70 million, focusing on end-to-end turnkey solutions.

Recent project wins include:

Project Details Value Timeline
West Africa Tablet Facility $7.05 million 23-27 months
Saudi Animal Vaccines $7.80 million 11 months
North Africa Veterinary Facility ₹49-52 crore Q1 FY27 completion

Strategic Outlook and Growth Projections

Management projects approximately 25% growth for the upcoming period, alongside PAT margin improvement towards 9.9% to 10.5% range. The company's hot lead pipeline includes close to $200 million in active proposals across pharmaceutical, healthcare, and biotech sectors.

The expansion into animal health segments, medical devices, and veterinary vaccines has opened new revenue streams, while the company's integrated design-build model continues to provide competitive advantages in regulatory compliance across WHO, EU-GMP, USFDA, and UKMHRA guidelines.

Operational Challenges and Mitigation

Despite strong revenue growth, the company faced margin pressures due to global supply chain disruptions, with raw material costs increasing by approximately 33% and execution costs rising by 43% due to remobilization requirements amid geopolitical tensions. However, the company's localized presence and variation clauses in contracts helped mitigate these impacts while maintaining client commitments.

Historical Stock Returns for Fabtech Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+1.44%+5.67%+3.03%-34.58%-12.85%-12.85%

How will Fabtech Technologies deploy the ₹208.57 crore cash reserves to capitalize on the $200 million pipeline of active proposals?

What impact could ongoing geopolitical tensions in key markets like UAE and Saudi Arabia have on Fabtech's expansion strategy and project execution timelines?

Can Fabtech maintain its projected 25% growth rate while achieving the targeted PAT margin improvement to 10.5% amid continued supply chain cost pressures?

More News on Fabtech Technologies

1 Year Returns:-12.85%