FABTECH's Q1 PBT of Rs 5.23 cr included Rs 3.14 cr other income
Operating profit was Rs 4.25 cr at a 5.66% margin; the consolidated results were filed after market close.
Filed 24 Jul 2026, 17:23 IST · after market close · FABTECH (FABTECH)
Key takeaways
- Other income of Rs 3.14 cr made up a large share of Rs 5.23 cr pre-tax profit, limiting the quality of Q1 earnings.
- Core operating profit was Rs 4.25 cr on revenue of Rs 74.98 cr, leaving consolidated operating margin at 5.66%.
- EPS was Rs 0.95, while management said Q2 should be steady and FY27's second half stronger.
Q1 profit leaned heavily on non-operating income
FABTECH generated Rs 4.25 cr of operating profit on Rs 74.98 cr of revenue, leaving limited operating cushion after Rs 70.74 cr of expenses. Other income of Rs 3.14 cr was a large component of the Rs 5.23 cr pre-tax profit, so reported earnings were supported well beyond the core operation. Interest of Rs 0.86 cr and depreciation of Rs 1.30 cr further reduced profit below the operating line.
Management sees a steady near term and stronger second half
Management said Q2 should be steady and the second half of FY27 stronger, while describing Q1 order inflows and the pipeline as constructive. The company said it is expanding through FTS Cleanroom Systems LLC and strategic joint ventures. Management also said Africa faces severe regional pressure and that regulatory pressure is driving China+1 strategies.
The filing came after market close
The consolidated results were filed at 17:23 IST, after market close. There is no immediate share-price reaction to assess, and no history-based comparison is available in this release.
Q1FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹75 cr |
| Other income | ₹3 cr |
| Expenses | ₹71 cr |
| Operating profit | ₹4 cr |
| Operating margin (%) | 5.66% |
| Interest | ₹1 cr |
| Depreciation | ₹1 cr |
| Profit before tax | ₹5 cr |
| Tax | ₹1 cr |
| Net profit | ₹4 cr |
| EPS (₹) | ₹0.95 |
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
Guidance & outlook
- The company expects Q2 to be steady and the second half of FY27 to be stronger.
- The company says Q1 FY27 order inflows and the pipeline remain constructive.
Expansion
- FTL is expanding through FTS Cleanroom Systems LLC and strategic joint ventures.
Problems & risks
- The Africa market is described as facing turnaround headwinds and severe regional pressure.
- The Africa market is described as facing severe regional pressure.
- Regulatory pressure is driving China+1 strategies.
What to watch
- Whether operating margin improves from 5.66% without further reliance on other income of Rs 3.14 cr.
- Whether the 19.54% tax rate remains a meaningful factor in the conversion of operating profit of Rs 4.25 cr into net profit.
- Whether the company's stated Q2 steady and H2 stronger view is reflected after Q1 EPS of Rs 0.95.