What Fabtech Technologies does

Fabtech Technologies Cleanrooms Limited (BSE: 544332), founded in 1999 and headquartered in Mumbai, India, is a publicly listed turnkey cleanroom solutions provider. The company designs, engineers, manufactures, installs, commissions, and validates modular cleanroom systems for contamination-controlled manufacturing environments across pharmaceutical, biopharmaceutical, semiconductor, solar PV, data centre, aerospace, healthcare/BSL-lab, food processing, and electronics/microelectronics end-markets. Its core product offering rests on three pillars: pre-engineered prefabricated modular cleanroom panels (aluminium honeycomb construction, 50/80 mm thickness, ISO Class 6+ achievable), turnkey HVAC systems with HEPA/ULPA filtration and BMS/SCADA integration, and seamless epoxy flooring. Compliance frameworks include ISO 14644, EU GMP, US FDA, WHO, SEMI, and IEST standards, with documented IQ/OQ/PQ validation capabilities.

The company generates revenue primarily through project-based turnkey contracts with milestone recognition (FY26 consolidated revenue of ₹221.72 crore, up 46.9% YoY; FY26 total income of ₹410.77 crore) supplemented by in-house panel and HVAC manufacturing, epoxy flooring installations, and lifecycle validation/maintenance services. Pricing is quote-based, tailored to cleanroom classification, MEP complexity, and regulatory requirements, with disclosed contract values including a ₹63.6 crore West African pharmaceutical facility and a $7.05M OSD facility. The go-to-market combines direct enterprise field sales with an ecosystem-led channel model leveraging 60.20%-owned subsidiary Kelvin Air Conditioning & Ventilation Systems, 28%-owned subsidiary AART for MEP/semiconductor/solar services, and associate Advantek Air Systems for AHU supply. Operations span 60+ geographies with 2,000+ completed projects and a ₹900+ crore order book as of March 2026. Customer concentration skews toward Indian enterprise pharma and government research accounts (Glenmark, Eisai, HAL, Bosch, Fresenius Kabi, Ajanta Pharma, BARC, ASMC Shahjahanpur BSL-3 lab), with emerging international institutional pipeline anchored by IFC/UNIDO-backed West African initiatives.

Name

Fabtech Technologies

Legal name

Fabtech Technologies Cleanrooms Ltd.

Website

https://fabtechcleanroom.com

Company type

Public

Founded year

1999

Operating status

Operating

Headcount range

51–100 employees

Short description

Fabtech Technologies Cleanrooms Limited is a Mumbai-headquartered, BSE-listed turnkey cleanroom solutions provider manufacturing modular panels, HVAC systems, and epoxy flooring for pharmaceutical, semiconductor, solar, data centre, and aerospace clients across 60+ geographies with 2,000+ completed projects.

Ownership category

akta.pro rank

Product category

Cleanroom Solutions

NAICS

Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Industrial & Commercial Fans & Blowers & Air Purifing Equip (3564), Auto Controls For Regulating Residential & Comml Environments (3822)

akta.pro primary industry

Semiconductor & Electronics Fab Construction (Cleanrooms) (IMAFADAJ)

akta.pro secondary industry

Industrial & Cleanroom Fit-Out (Factories, Warehouses, Controlled Environments) (IMAFANAF)

Keywords

• Modular cleanroom panels
• Turnkey HVAC systems
• Pharmaceutical cleanrooms
• Epoxy flooring systems
• Cleanroom design-build

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Turnkey Cleanroom Design-and-Build Projects: Project-based contracts covering design, engineering, manufacturing, installation, commissioning, and qualification of modular cleanrooms; delivered as single-source turnkey contracts for pharmaceutical, semiconductor, data centre, solar, and aerospace clients. Revenue is recognized on a milestone/project-completion basis, with FY26 consolidated revenue of ₹221.72 crore (up 46.9% YoY).
2. Cleanroom Panel and HVAC System Manufacturing: In-house manufacturing of prefabricated modular cleanroom panels (aluminum powder coated, 50/80 mm thickness) and HVAC systems; sold as part of turnkey projects and potentially as standalone product sales through subsidiary Advantek Air Systems for AHUs.
3. Epoxy Flooring Solutions: Seamless troweled-on epoxy flooring installations integrated with cleanroom project deliveries for pharmaceutical and clean manufacturing environments.
4. Validation, Qualification, and Lifecycle Services: IQ/OQ/PQ validation, HVAC system revalidation, requalification, and ongoing preventive maintenance for installed cleanroom facilities to ensure continued ISO/GMP/regulatory compliance across the project lifecycle.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Fabtech Technologies Cleanrooms Limited designs, manufactures, and installs pre-engineered modular cleanroom panels, precision HVAC systems with HEPA/ULPA filtration, and seamless epoxy flooring as turnkey solutions for pharmaceutical, semiconductor, solar, data center, and aerospace facilities. The company delivers integrated single-source design-and-build projects covering layout zoning, MEP integration, BMS/SCADA monitoring, and IQ/OQ/PQ validation compliant with ISO 14644, GMP, FDA, WHO, and SEMI standards. It has executed 2,000+ projects across 60+ geographies and supports customers through group entities Kelvin (HVAC), AART (MEP), and Advantek (AHUs).

Product overview

Fabtech Technologies Cleanrooms Limited (FTCL) operates as an integrated single-platform offering of turnkey cleanroom solutions, anchored by three core pillars: Modular Cleanroom Panels, Turnkey HVAC Systems, and Epoxy Flooring, supported by complementary Design-Build, Installation, Manufacturing, and ISO Classification services. The architecture combines cleanroom layout and architecture, HVAC systems, and MEP (Mechanical, Electrical, and Plumbing) integration under a single-source turnkey model, with in-house state-of-the-art manufacturing enabling prefabrication and faster delivery versus traditional cleanroom construction. The offering is delivered through an ecosystem that includes subsidiary Kelvin Air Conditioning & Ventilation Systems (60.20% stake) for critical HVAC integration, subsidiary AART (28% stake) for HVAC and MEP services in semiconductor, solar and micro-electronics sectors, and associate Advantek Air Systems for Air Handling Units (AHUs) and HVAC systems in cleanroom and critical environments.

Differentiator

Problem solved

Functional benefit

Brands

• Fabtech: Brand name used to market cleanroom panels, HVAC, and epoxy flooring products under the Fabtech umbrella.

Products and services

• Modular Cleanroom Panels Pre-engineered and prefabricated cleanroom panel systems that can be assembled on-site in half the time compared to conventional cleanrooms. Available in aluminium powder-coated construction with honeycomb infill, panel thicknesses of 50 mm and 80 mm, achieving cleanliness levels of Class 100,000 down to ISO 6 (or higher), with both progressive and non-progressive panel types.
• Turnkey HVAC Systems (Pharma & Non-Pharma) Precision-engineered HVAC systems providing heating, cooling, and ventilation for cleanrooms and controlled environments. Features HEPA and ULPA filtration, laminar or turbulent airflow patterns, BMS/SCADA integration for real-time monitoring, energy-efficient air handling units with heat recovery, variable frequency drives (VFDs), chemical filtration for AMC, positive pressurization, and precise temperature and humidity control.
• Epoxy Flooring Troweled-on seamless flooring system with no joints or cracks, designed for cleanroom environments where hygiene is paramount. Provides a continuous, easy-to-clean surface suitable for pharmaceutical and other sterile manufacturing applications, preventing microbial growth.
• Cleanroom Design-Build Services End-to-end design and engineering services for cleanroom facilities, integrating layout design with unidirectional flow, zoning and pressure cascades (ISO Class 5 to 8 or Grade A to D), space optimisation, safety and accessibility planning, and regulatory compliance (GMP, ISO 14644). Delivered as single-source turnkey contracts.
• Cleanroom Installation Services On-site installation services for modular cleanroom systems, MEP (Mechanical, Electrical, and Plumbing) integration, and cleanroom validation including Installation, Operational, and Performance Qualification (IQ/OQ/PQ).
• Cleanroom Manufacturing In-house state-of-the-art manufacturing facility for modular cleanrooms, HVAC systems, and cleanroom components, supporting end-to-end control over design, prefabrication, and quality. Has a track record of over 2,000 successfully completed projects nationwide.
• ISO Classification Services Advisory and compliance services for cleanroom ISO classification per ISO 14644, supporting industries from ISO Class 1 (semiconductor) to ISO Class 9 standards, including HVAC revalidation, requalification, and ongoing preventive maintenance for continued ISO/GMP/regulatory compliance across the project lifecycle.

Quantifiable outcome

• 25.7% YoY growth in FY26 total income to ₹410.77 crore
• +7 more outcomes

Named customers18 records

Segments9 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Four partnerships are on record, tiered flagship / core group company, core group company, associate group company and project-level institutional partner.

• Kelvin Air Conditioning & Ventilation Systemsflagship / core group companyStrategic or Co-development PartnerKelvin is a 60.20% subsidiary of Fabtech Technologies Cleanrooms, providing critical HVAC solutions for diverse industrial sectors and infrastructure projects. The 'Power of Two' partnership (formalised December 14, 2024 blog post) combines Fabtech's cleanroom panel expertise with Kelvin's HVAC system integration capability to address demand from pharma, non-pharma, data centres, and international projects. Both companies trace origins to 1999–2001.
• AARTcore group companyStrategic or Co-development PartnerAART is a 28% subsidiary of Fabtech Technologies Cleanrooms with 20+ years of expertise in HVAC and MEP services. Serves semiconductor, solar, microelectronics, and other industries. AART enables Fabtech's expansion into new sectors (data centres, solar, microelectronics) and supports the company's ecosystem-led growth model under Vision 2030.
• Advantek Air Systems Private Limitedassociate group companyStrategic or Co-development PartnerAdvantek Air Systems is an associate company of Fabtech Technologies Cleanrooms and a leading manufacturer of Air Handling Units (AHUs) and HVAC systems for cleanroom and critical environments. Supports Fabtech's cleanroom project deliveries with in-house AHU manufacturing capability.
• United Nations Industrial Development Organization (UNIDO)project-level institutional partnerStrategic or Co-development PartnerUNIDO supports the West Africa pharmaceutical manufacturing initiative alongside IFC, in which Fabtech is delivering a ₹63.6 crore Design-and-Build pharmaceutical facility. UNIDO's involvement provides institutional credibility and project-development support for the regional pharmaceutical self-sufficiency programme.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Clean Air Products: Clean Air Products manufactures cleanrooms, laminar flow equipment, and air filtration systems for semiconductor, pharmaceutical, and laboratory customers. Direct competitor in modular cleanroom panels and cleanroom HVAC integration.
• AES Clean Technology: AES Clean Technology designs, manufactures, and installs modular cleanroom environments for pharmaceutical, biotech, and medical device industries. Directly comparable to Fabtech's turnkey cleanroom design-build business with similar technology stack and customer base.
• Angstrom Technology: Angstrom Technology is a UK-based designer and manufacturer of modular cleanrooms serving pharmaceutical, semiconductor, medical device, and aerospace customers. Direct competitor in modular cleanroom systems with similar turnkey capabilities.
• G-CON Manufacturing: G-CON is a direct US-based competitor specializing in prefabricated, modular cleanroom pods for pharmaceutical and biopharmaceutical manufacturing. It competes head-to-head with Fabtech's modular cleanroom panel offering in the same end-markets, with similar delivery model and customer profile.
• Terra Universal: Terra Universal designs and manufactures modular cleanrooms, glove boxes, and contamination-control equipment for semiconductor, pharmaceutical, and life sciences applications. Comparable in modular cleanroom delivery and target verticals.

Emerging players

• Kewaunee Scientific Corporation: Kewaunee Scientific designs and manufactures laboratory furniture, fume hoods, and cleanroom infrastructure for scientific and healthcare applications. Partial overlap with Fabtech's cleanroom build-out services in laboratory and research environments.
• Sphera Group (Cleanroom Division): Sphera Group provides turnkey cleanroom and HVAC solutions for pharmaceutical, semiconductor, and food processing industries with presence in India and Middle East. Comparable to Fabtech in scope of services and emerging market focus.

Broad incumbents

• Exyte (formerly M+W Group): Exyte is a global turnkey design-build firm specializing in high-tech facilities including semiconductor fabs, pharmaceutical, and data centres. Competes with Fabtech in large-scale turnkey cleanroom projects for semiconductor and pharma clients, but at significantly larger scale and broader portfolio.
• IPS (Integrated Project Services): IPS is a global EPCMV (engineering, procurement, construction management, and validation) firm serving pharmaceutical, biotech, and semiconductor industries. Comparable to Fabtech's turnkey cleanroom design-build offering but with broader service portfolio and larger scale.

Regional players

• Nicomac India: Nicomac is an India-based cleanroom equipment manufacturer and turnkey cleanroom solutions provider for pharmaceutical and healthcare industries. Directly comparable to Fabtech within the Indian market, with similar target customer profile.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fabtech Technologies