Tempsens Instruments (India) Limited conducted a Q1 FY27 Earnings Conference Call on Thursday, 17th September 2026, hosted by ICICI Securities Limited. The call was held to discuss the company's financial results for the quarter ended 30th June 2026.

Management Participants:

  • Mr. Vinay Rathi - Managing Director
  • Mrs. Priyanka Menaria - Chief Financial Officer
  • Mr. Aryan Rathi - Lead, Global Sales

Moderator: Mr. Rohit Kumar from ICICI Securities Limited

The transcript of the earnings conference call was filed with the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The information was also uploaded on the company website at https://www.tempsens.com/.

Financial Highlights (Q1 FY27):

  • Revenue from operations: INR118 crores, up 33% from INR89 crores YoY
  • Temperature Sensing segment: INR60 crores (51% of product revenue), up 42% YoY
  • Electrical Heating segment: INR25 crores, up 148.8% YoY
  • Specialized Cables segment: INR32.5 crores, down 8.8% YoY
  • Domestic revenue: INR78 crores, up 18.5% YoY
  • Export revenue: INR39.8 crores, up 78.3% YoY (34% of total revenue)
  • EBITDA: INR26.6 crores, up 15.7% YoY
  • EBITDA margin: 22% vs 25.3% YoY
  • Profit before tax: INR21.4 crores, up 16.2% YoY
  • Profit after tax: INR16.3 crores, up 15.6% YoY
  • Adjusted PAT: INR17.3 crores, up 15% YoY

Capacity Expansion Plans:

The company outlined four major expansion projects with aggregate peak revenue potential of INR500 crores:

1. Brownfield plant for OEM contact sensors (50,000 sq ft) - Commissioning by Q3 FY28, peak revenue potential INR120 crores

2. Medium-voltage heaters plant (50,000 sq ft) - Commissioning by Q1 FY28, peak revenue potential INR200 crores

3. Greenfield specialized cables facility (Unit 8) - Commissioning by Q2 FY28, peak revenue potential INR60 crores

4. Joint venture with Victura Technologies (80,000 sq ft) - Production commencement by Q4 FY27, peak revenue potential INR120 crores

Growth Drivers Highlighted:

1. OEM partnerships across new energy, automotive, plastics, and CVD equipment

2. International expansion into Mexico, Poland, South Korea, Middle East, Southeast Asia, and Europe

3. New product launches including EDGE series pyrometers (Q3 FY27), medium-voltage heaters (targeting explosion-proof certification by Q4 FY27), and cable harnesses

4. Customer approvals and certifications in oil & gas, defense, and aerospace sectors

Margin Context:

The 330 basis point EBITDA margin decline was attributed to:

  • Gross material margin of 47.4% (vs 49.3% in Q1 FY26)
  • Employee cost increase of 45% to INR20.4 crores (including INR57 lakhs ESOP charge)
  • Integration costs of recently acquired businesses (Tempsens Germany, Tempsens Polska, Tempsens Measurement & Control)

IPO Proceeds Utilization:

  • INR55 crores of the INR95 crores fresh issue used to repay borrowings (total borrowings were INR78 crores at March 2026)
  • Land acquisition of INR25 crores for specialized cable expansion from internal accruals

Forward-looking Statements:

  • Revenue growth expected to be in line with blended growth over last 3 years
  • Margins expected to remain broadly similar to last year's profile
  • Profit growth expected to align with revenue growth by year-end

Additional Notes Section

The document contained the full transcript of the earnings conference call, including detailed Q&A session with analysts. No unpublished price sensitive information (UPSI) was indicated to be shared during the call. The financial results are unaudited and subject to limited review by statutory auditors.