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Earnings Call Transcript

Tembo Global Industries Earnings Call Transcript: Key Takeaways

Tembo Global is pivoting from textile trading to high-margin engineering, EPC, and defense. Management is hyper-optimistic about multi-vertical scaling, though massive debt-funded capex for solar and defense poses a looming liquidity risk.

Guidance and delivery
Management target Revenue FY27
Highlights
Revenue growthRevenue grew 21.9% YoY to ₹302 Cr, led by EPC shift.
MarginsEBITDA margins expanded 493 bps to 16.3% due to high-margin mix.
Order book₹1500 Cr order book with ₹2400 Cr in active bidding pipeline.
Demand visibilityRobust across oil, gas, water infrastructure, and defense sectors.
Management confidenceAggressive and highly optimistic across multiple new business verticals.

Growth

Revenue grew 21.9% YoY to ₹302 Cr; PAT surged 55.3% to ₹31 Cr, driven by segment mix shift.

Outlook

Guiding ₹1600 Cr revenue for FY27; Defense/Aerospace aiming for ₹100 Cr and 35% PAT margins.

Risks

Substantial debt (₹400 Cr existing + ₹250 Cr planned) and long-lead defense/aerospace execution cycles.

Last quarter's promises, checked

Delivered

  • Guided FY26 Revenue ₹1,090 Cr → delivered ₹1,090 Cr (= BEAT)
  • Guided FY26 EBITDA growth 55.4% → delivered 55.4% (= BEAT)
  • Guided FY26 PAT growth 79.7% → delivered 79.7% (= BEAT)

Partly delivered

  • Guided ₹1,548 Cr order book → delivered ₹1,500 Cr (= PARTIAL)
Source

Earnings Call Transcript filed with NSE, NSE: TEMBO. Summary written with AI assistance from the document.

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Tembo Global Industries Ltd: key numbers

Share price
₹58.28
Market cap
₹1,128 Cr
Revenue (annual)
₹1,090 Cr
Net profit (annual)
₹91.33 Cr
P/E (TTM)
11.0×Sector 19.0×
Promoter holding
39.04%+2.66% QoQ
FII holding
8.25%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Tembo Global Industries Ltd

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16:29 IST NSE
Capital Structure Change

Tembo Global Industries Capital Structure Change

Tembo Global Industries Limited received NSE listing approval for 40,50,000 equity shares issued upon the conversion of warrants.

15:23 IST NSE
Other Announcement

Tembo Global Industries Other Announcement

Tembo Global received BSE in-principle approval to list existing equity shares on the BSE Main Board. This is an additional exchange listing with no new securities issued.

11:47 IST NSE
Partnership

Tembo Global Industries Partnership

Tembo Global Industries signs MoU with Lachaussee SA to build a 100-million-rounds ammunition line in India. Project valued at €50 million (₹545 Cr) with 2028-29 delivery.

Value
₹545.0 Cr
Execution
2028–2029
ammunition production capacity
100 million rounds/year
13:43 IST NSE
Other Announcement

Tembo Global Industries Other Announcement

Tembo Global Industries appointed M/s. Ramesh Chandra Bagdi & Associates as Secretarial Auditor for the financial year 2025-26.

18:04 IST NSE
Management Change

Tembo Global Industries Management Change

Tembo Global Industries Limited announced the resignation of its Secretarial Auditor, M/s D. M. Zaveri & Co., effective September 04, 2026.

17:46 IST NSE
Annual General Meeting

Tembo Global Industries Annual General Meeting

Tembo Global Industries held its Extra-Ordinary General Meeting on September 4, 2026. Shareholders considered the issue of 2,00,00,000 warrants via a special resolution.