Fabtech Technologies Cleanrooms Limited , a key player in cleanroom technology, has reported significant order bookings for August, showcasing strong demand across various sectors. The company's latest corporate announcement reveals a robust performance and a promising outlook for the near future.

August Order Bookings

Fabtech Technologies secured consolidated orders worth ₹19.06 crore in August, with the majority coming from the Pharma & Health sector. The order breakdown is as follows:

A notable highlight in the August bookings was a ₹3.50 crore Cleanroom Partition order from Densol Engineering Private Limited. This order is for Sitec Labs Limited, a subsidiary of Cipla Limited, and is intended for a Bioequivalence and Clinical Lab in Navi Mumbai.

Business Vertical Performance

The company's order inflow for August was distributed across two main business verticals:

Current Order Book Status

As of August 31, Fabtech Technologies' consolidated order book stands at an impressive ₹88.82 crore. The sectoral distribution of the order book is as follows:

Future Prospects

The company reports a substantial pipeline of orders under negotiation, totaling ₹370.81 crore. This includes significant opportunities across various sectors:

Strategic Growth Initiatives

Fabtech Technologies is focusing on long-term growth by strategically expanding its presence and investing in prestige-grade infrastructure. This approach aligns with the company's aim to target larger-scale projects in the future.

Investor Relations

In a separate announcement, Fabtech Technologies has scheduled a physical meeting with a group of investors on September 16 at their Umbergaon, Gujarat plant. The company has assured that no unpublished price-sensitive information will be shared during this meeting.

Fabtech Technologies Cleanrooms Limited continues to demonstrate strong performance in the cleanroom technology sector, with a diverse order book and a promising pipeline of potential orders. The company's focus on strategic growth and transparency with investors positions it well for future opportunities in the evolving cleanroom technology market.

Fabtech Technologies Cleanrooms Limited has successfully completed the acquisition of a significant stake in Aart Integrated Projects Private Limited, marking a strategic move to strengthen its position in the cleanroom and HVAC solutions sector.

Acquisition Details

Fabtech Technologies has acquired a 28% stake in Aart Integrated Projects by purchasing 97,222 equity shares at a premium. The details of the transaction are as follows:

The consideration was settled through a combination of loan adjustment and cash payment. Fabtech Technologies paid ₹1,99,58,571.00 in cash, with the remaining amount adjusted against an existing loan extended to Aart Integrated Projects.

Strategic Implications

Following this acquisition, Aart Integrated Projects has become an associate company of Fabtech Technologies Cleanrooms Limited. This strategic investment aims to:

1. Strengthen Fabtech's presence in the cleanroom and HVAC solutions sector
2. Explore potential synergies between the two companies
3. Accelerate growth and expansion into high-potential markets

About Aart Integrated Projects

Aart Integrated Projects Private Limited, incorporated on December 16, 2005, specializes in:

• Complex HVAC systems
• Cleanroom solutions
• Turnkey cleanroom facility projects
• Integrated building management systems
• Utilities design-build projects

The company caters to various industries, including automobile, pharmaceutical, microelectronics, and semiconductor sectors.

Financial Performance

Aart Integrated Projects reported the following financial results:

• Revenue: ₹12.58 crore
• Profit After Tax (PAT): ₹10.05 lakh

The company has shown the following performance over the past three years:

Regulatory Compliance

Fabtech Technologies Cleanrooms Limited has duly informed the BSE Limited about this acquisition, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This strategic move by Fabtech Technologies is expected to enhance its capabilities and market presence in the specialized cleanroom and HVAC solutions industry, potentially driving growth and creating value for stakeholders.