Date: August 11, 2026

Consolidated Financial Highlights – Q1FY27

Financial Performance Summary:

| Particulars | Q1FY27 | Q1FY26 | YoY Change | FY26 Annual |

| Revenue from Operations | 302.4 Cr | 248.1 Cr | 21.9% | 1,090.2 Cr |

| EBITDA | 49.2 Cr | 28.2 Cr | 74.8% | 142.5 Cr |

| EBITDA Margin % | 16.3% | 11.4% | 493 bps | 13.1% |

| PAT | 31.2 Cr | 20.1 Cr | 55.3% | 98.2 Cr |

| PAT Margin % | 10.3% | 8.1% | 222 bps | 9.0% |

| EPS (in INR) | 1.45 | 1.17 | 23.9% | 5.12 |

Key Performance Drivers:

  • Revenue growth of 21.9% YoY to INR 302.4 crores driven primarily by 172.9% YoY growth in the Engineering segment
  • EBITDA margin expansion of 493 basis points to 16.3% due to higher contribution from Engineering & EPC business, strong execution, and operating leverage
  • PAT increased by 55.3% YoY to INR 31.2 crores with PAT margin expanding 222 basis points to 10.3%
  • Revenue mix shifted significantly to 99:1 (Engineering & EPC to Textiles) in Q1FY27 from 44:56 in Q1FY26

Business Segment Updates

Engineering & EPC:

  • Continued strong demand across oil & gas, marine, water infrastructure, EPC, and industrial sectors
  • Robust order book of INR 1,500+ Crores and healthy bidding pipeline of INR 2,400+ Crores
  • Focus on enhancing EPC capabilities, expanding project execution capacity, and securing larger high-value infrastructure contracts

Solar Energy:

  • Four solar project sites already operational
  • Remaining sites expected to be commissioned during Q2 FY27
  • Commercial operations scheduled to commence from Q3 FY27
  • Expected to contribute meaningfully toward revenue diversification and create stable recurring income stream

Defence & Aerospace Initiatives

Defence Manufacturing:

  • Tembo Classic Engineering Private Limited (TCEPL) granted ammunition manufacturing licence by Ministry of Home Affairs, Government of India
  • Land acquired at Amravati, Maharashtra for defence manufacturing facility
  • Construction activities expected to commence by end of August 2026
  • Commercial production targeted to begin by Q1 FY28

Unmanned Aerial Vehicles (UAV):

  • JR UAV Limited entered strategic joint venture with JR-UAV Europe (Italy) and JR PROPO (Japan)
  • Collaboration for technology transfer, localization, and manufacturing of next-generation UAVs and autonomous systems in India
  • JR UAV Limited to commence production of specialized UAV components at Vasai facility during Q3 FY27
  • Joint venture target of approximately INR 100 Crores revenue in first year of operations

Management Commentary & Outlook

  • Management reaffirmed FY27 revenue guidance of INR 1,600 Crores
  • Expects continued growth momentum based on strong business pipeline
  • Focus on execution excellence, capacity expansion, business diversification, and technological advancement
  • Positioning to participate in India's defence indigenisation initiatives under Atmanirbhar Bharat and Make in India programs

Company Background

Tembo Global Industries Limited specializes in production and assembly of metal components for Pipe Support Systems, Fasteners, Anchors, HVAC, Anti-Vibration Systems, and Equipment for industrial, commercial, utility, and OEM installations. The company is a fabrication and installation specialist in ductile pipes, HDB pipes and fittings, and MS plate, with export operations earning 2-Star Export House distinction.