Haber crosses Rs 200 Cr revenue threshold in FY26, narrows losses by 53%

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Industrial automation company Haber’s revenue growth outpaced the increase in its overall expenses in FY26, helping the company reduce its net loss by more than half during the last fiscal year.
The firm’s revenue from operations rose 38.7% to Rs 215 crore in FY26 from Rs 155 crore in the previous fiscal year, according to its consolidated financial statements filed with the Registrar of Companies (RoC). 
Haber generates revenue from product sales, mainly chemicals supplied alongside software-enabled industrial solutions.
Product sales remained the main source of revenue, contributing nearly 97% of the company’s operating income. Revenue from this segment increased 37.4% to Rs 209.5 crore in FY26 from Rs 152.5 crore a year earlier.
The company also supplies chemicals alongside software-enabled industrial solutions, with product sales accounting for most of its business. Revenue from services, meanwhile, grew 81.7% to Rs 5.27 crore in FY26.
Haber earned another Rs 18 crore in other income, taking its total revenue to Rs 233 crore in FY26, against Rs 167 crore in FY25. This additional income contributed to the overall financial performance, though operating revenue remained the larger component of its income.
On the cost side, materials consumed continued to account for the biggest share of expenses. This item rose 40% to Rs 133 crore in FY26 from Rs 95 crore in the previous year, mainly tracking the growth in product sales. Employee benefit expenses increased 52% to Rs 38 crore from Rs 25 crore, while site labour and supervision contract costs grew 21.4% to Rs 17 crore.
Other operating costs also moved up. Transportation expenses increased 13.6% to Rs 10 crore, while depreciation rose 17% to Rs 11 crore. Finance costs edged up 4.3% to Rs 10 crore. In contrast, other expenses fell 11% to Rs 26 crore from Rs 29.21 crore in FY25.
The combined effect of these cost movements kept the increase in total expenses below revenue growth. Haber’s total expenses rose 28.3% to Rs 245 crore in FY26 from Rs 191 crore a year earlier. The slower growth in expenses helped narrow the gap between the company’s income and expenditure, contributing to a reduction in its net loss to Rs 11.24 crore.
Its EBITDA margin improved to -4.48% in FY26 from -10.53% in FY25. On a unit basis, Haber spent Rs 1.14 for every rupee of operating revenue. While the company was yet to bring its spending below operating revenue, the change indicated better cost control.
Haber reported current assets of Rs 398 crore as of March 2026, down from Rs 429 crore a year earlier. However, its cash and bank balances increased to Rs 217 crore from Rs 199 crore in FY25. The company has raised over $70 million to date, including a $44 million Series C round in December 2024.
Haber’s FY26 performance showed an improvement in its operating economics, with revenue growth outpacing expense growth and losses narrowing during the year. The improvement in its EBITDA margin and lower spending per rupee of revenue also pointed to better cost management. The focus now will be on sustaining this progress as the company scales its business and works towards profitability.

document fetched 2026-11-14 03:05