Key Metrics of Pabs Con
About Pabs Con
Company details
Company summary
Entity details
Compliance
Industry classification
Financials, ratios and risk analysis
Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.
Sign in to continue See plans & pricingFiling compliance
Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.
Vendor checks & payment capacity
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Credit ratings
Rating history
Rating actions
| Date | Agency | Action | Long term | Short term | Outlook | Rated amount | Rationale |
|---|---|---|---|---|---|---|---|
| 03 Jul 2026 | ICRA | Assigned | BB | — | Stable | — | View |
Credit strengths (ICRA, Jul 2026)
+ Significant experience of promoters in the construction sector
The promoters started the business in 1978 and it is currently managed by the partner, Mr.
+ Reputed client profile
Pabscon is a registered contractor with various Government authorities such as AAI, CPWD and the State PWDs of Nagaland, Jharkhand, Assam and West Bengal.
Credit challenges
− Moderate scale of operations
Pabscon remains a mid-sized player in a highly competitive EPC industry, as reflected in its moderate provisional operating income of around Rs. 77 crore in FY2026.
− Moderate orders book position
The company’s order book position remains moderate, providing medium-term revenue visibility, as reflected in an unexecuted order book of around Rs. 292 crore as on March 31, 2026.
− Risks related to partnership firm structure
Pabscon is exposed to risks associated with its partnership structure, including the risk of capital withdrawals by the partners.
Could lead to an upgrade
The rating of Pabscon may be upgraded in the case of a sustained improvement in revenue and earnings, leading to the strengthening of its net worth and credit metrics while maintaining adequate
Could lead to a downgrade
Pressure on the rating could arise if the firm’s scale and earnings decline significantly, leading to a sustained deterioration in its debt protection metrics. Further, any significant stretch in the working capital cycle, large debt-funded capex, or substantial capital withdrawals resulting in a deterioration in the firm’s
Agency-reported financials (ICRA, 03 Jul 2026)
| Metric | FY2025 | FY2026 |
|---|---|---|
| Operating income | ₹62.10 Cr | ₹77.20 Cr |
| PAT | ₹1.90 Cr | ₹2.40 Cr |
| OPBDITA/OI | 5.2% | 6.0% |
| PAT/OI | 3.0% | 3.1% |
| Total outside liabilities/Tangible net worth (times) | 1.10× | 1.10× |
| Total debt/OPBDITA (times) | 1.60× | 2.50× |
| Interest coverage (times) | 32.40× | 6.30× |
| Revenue growth (YoY) | — | 24.3% |
| EBITDA (margin × income) | ₹3.23 Cr | ₹4.63 Cr |
| Implied total debt (debt/EBITDA × EBITDA) | ₹5.17 Cr | ₹11.58 Cr |
| Implied interest cost (EBITDA ÷ coverage) | ₹0.10 Cr | ₹0.73 Cr |
Borrowings & rated debt
Credit assessment · Manufacturing
Rating Methodology – Manufacturing Companies (Mar 2025) · Standalone accounts · FY 2025-26
Ratios, pillar scores and the indicative rating are part of Premium.
Rating status
| Default | No default on record |
| Issuer cooperation | Cooperating |
| Credit enhancement | None – standalone rating |
| Next action stable or better (model) | 53% |
| Information on file | 44% · missing: Annual results history (3+ years), Debt obligations and repayment schedule, Capex / investment plans, Auditor details, Shareholding pattern |
Indicative assessment from public data using the published methodology factors; not a credit rating.
Borrowing & funding lifecycle
- Credit outlook model: 49% chance the next rating action is stable or better
- Current rating BB (below investment grade)
- Interest coverage 6.3×
Rated limits by facility
Timeline
From the report
Liquidity position: Adequate The firm’s liquidity is expected to remain adequate, supported by a cash balance of around Rs. 2 crore as on March 31, 2026, along with sufficient buffer available in its working capital limits.
Lender names, bank charges and audited borrowings are part of Premium.
Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.
Registered office and contact
Directors and key people
Directors are read from the MGT-7 annual return and AOC-4 signatories.
Charges (secured borrowings)
0 registered charges. Lenders, amounts and dates are part of the premium plan.
Statutory auditors
Auditors are read from the AOC-4 auditor's report section.
Business activities and related parties
Principal business activities and related-party transactions are read from MGT-7 and AOC-4 filings.
Filings
No filings on record yet.