Fabtech Technologies Releases Quarterly Results and Approves Board Changes

Fabtech Technologies Releases Quarterly Results and Approves Board Changes

Fabtech Technologies Releases Quarterly Results and Approves Board Changes​

Fabtech Technologies Limited has announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company's Board of Directors also approved the re-appointment of a key independent director and set out the details for the forthcoming Annual General Meeting (AGM).

The Board meeting was held on Friday, July 24, 2026.

Financial Performance Highlights​

The results reflect the operations across both the holding company and its subsidiaries.

For the consolidated entity, total income stood at 781,501 lakhs, driven by revenue from operations of 749,841 lakhs for the quarter ended June 30, 2026. Total expenses were reported at 7,289.23 lakhs, leading to a net profit/(loss) attributable to owners of the company of 2,103 lakhs.

The unaudited standalone results showed a total income of 528,622 lakhs for the quarter, with revenue from operations reported at 491,465 lakhs. Net profit/ (loss) for the period in the standalone segment was 10,596 lakhs.

A detailed summary of the unaudited consolidated financial results for the quarter ended June 30, 2026, is presented below:

ParticularsQuarter Ended June 30, 2026 (Unaudited)March 31, 2026 (Audited)
Total Income781,501 lakhs1,682,384 lakhs
Revenue from operations749,841 lakhs1,585,244 lakhs
Total Expenses7,289.23 lakhs13,847.80 lakhs
Net Profit/ (Loss) for the period2,103 lakhs220,557 lakhs

Board Approvals and Corporate Governance Decisions​

In a significant governance update, the Board of Directors approved the re-appointment of Mr. Naushad Alimohmed Panjwani (DIN: 06640459) as a Non-Executive Independent Director and Chairperson of the Company. This appointment is for a second term of five consecutive years and is effective from July 30, 2026, pending shareholder approval.

Mr. Panjwani's profile includes over three decades of experience in real estate, infrastructure, investment banking, mergers and acquisitions, and strategic business advisory. He has held senior leadership positions, including Senior Executive Director at Knight Frank India, and has advised boards on corporate governance and business strategy.

The Board also addressed shareholder matters:

  • Dividend: The company fixed Monday, August 17, 2026, as the Record Date for determining entitlement to the final dividend of Rs. 0.60 per equity share (face value Rs. 10).
  • AGM Details: The 8th Annual General Meeting (AGM) is scheduled for Monday, August 24, 2026, at 02:00 p.m., which will be conducted via Video Conference/Other Audio Video Means. The cut-off date for determining member eligibility to vote in the AGM is also fixed as August 17, 2026.

Operational and Strategic Updates​

The Board of Directors approved several key operational activities during the quarter ended June 30, 2026. These included approving an investment of up to Rs. 2,400 lakhs in Fabtech Technologies LLC, a wholly owned subsidiary, through Overseas Direct Investment (ODI). Additionally, the company completed an investment of Rs. 249 lakhs into FT Institutions Private Limited on July 3, 2026.

The consolidated segment information for the quarter ended June 30, 2026, shows diversified revenue streams:

SegmentNet Revenue from Operations (in lakhs)
India119,843
UAE1,059.58
Morocco168,058
Rest of the World131,662
Saudi Arabia171,370

The unaudited financial results for the quarter also reflected the company's participation in various associated entities and subsidiaries.

FABTECH Stock Price Movement​

Fabtech Technologies Limited shares edged up in the post-market session to settle at ₹149.73 today, gaining 1.62% on the stock. The equity traded within a day range that stretched from a low of ₹146.6 to a high of ₹153.5, with total volume hitting 192,898 shares.
 

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.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Last edited by a moderator:

Editorial Note

This news article was written and created by Karthik, and published on IST.
Back
Top