Fabtech Cleanrooms Clarifies Trade Receivables Aging after Investor Roadshow
Fabtech Cleanrooms Limited has issued a clarification regarding its trade receivables aging, addressing a query raised during the recent Niveshak Samvad Roadshow held in Mumbai. The company confirmed that, as per its books of accounts, the amount of trade receivables outstanding for a period exceeding one year stands at ₹18.32 Crore as of March 31, 2026, contrary to the figure of 38 Crore mentioned during the investor interaction.The management stated that the outstanding receivables are primarily linked to several areas including ongoing projects where contractual milestones or client approvals are yet pending. Furthermore, these amounts include retention money receivable as per contracted terms and receivables currently under active follow-up with customers.
Fabtech Cleanrooms maintains continuous monitoring of its receivables portfolio. The company conducts regular recovery efforts and assesses the recoverability of outstanding amounts in line with applicable accounting standards and provisions of the Companies Act, 2013, ensuring that necessary considerations are made in the financial statements.
Stock Price Movement
As of 13:03, Fabtech Technologies Cleanrooms Ltd is edging lower, trading at ₹398.00, reflecting a -0.62% decline. Shares have seen intraday volatility, fluctuating within a range from a low of ₹390.00 to a high of ₹400.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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