Tembo Global Industries Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹951 Cr
- P/E
- 9.29
- ROE
- 27.53%
- PEG
- 0.07
- Price to sales
- 0.81
- Debt to equity
- 0.85
- 52W high / low
- ₹813 / ₹50.5
- Sales growth (5Y)
- 59.96%
- EBITDA margin
- 14.29%
- Net profit margin
- 9.01%
- Promoter holding
- 39.04%
- Sales (last year)
- ₹1,144 Cr
Incorporated in 2010, Tembo Global Industries Ltd manufactures and trades fabricated metal products[1]
Guidance scorecard · Q1 FY27 call
What Tembo Global Industries Ltd's management guided
and where it ranks in Industrial Products
Industrial Products
RevenueQ1 FY27 call
20–40%- FY28 revenue guidance will be provided in due course, with a positive growth outlook based on past CAGR and current performance.
- INR 1,600 crores revenue target for FY27, driven by Engineering & EPC, solar, defense, and aerospace segments.
- Defense revenue expected at INR 300-350 crores from ammunition and INR 100 crores from aerospace by FY28.
- Solar projects anticipated to initiate commercial operations within FY27, adding stable recurring revenue.
- Current order book stands at INR 1,500 crores with a bidding pipeline over INR 2,400 crores.
2 more points from Tembo Global Industries Ltd's call on revenue
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MarginsQ1 FY27 call
Up 2%+See what Tembo Global Industries Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- Tembo Global is investing strategically in manufacturing capacity, EPC execution capabilities, solar projects, defense infrastructure, and aerospace initiatives to support expansion.
- The company acquired land in Amravati for developing a defense manufacturing facility with construction planning underway.
- Commercial production at Amravati defense facility is expected to start by Q4 FY27.
- A new aerospace joint venture with JR UAV Europe Italy and JR PROPO Japan is set to begin UAV component manufacturing at the Vasai facility starting Q3 FY27.
- Solar projects are advancing steadily, with several sites operational and others slated for commissioning in Q2 FY27.
- Defense business CAPEX for the first phase is around INR 550 crores, including INR 200-250 crores of debt.
2 more points from Tembo Global Industries Ltd's call on capex
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FundraisingQ1 FY27 call
See what Tembo Global Industries Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Rising- Current order book stands at approximately INR 1,500 crores.
- The pipeline of projects being bid on is around INR 2,400 crores plus.
- The order book and pipeline are dynamic, with ongoing bids and new orders expected each quarter.
- The company aims for continuous growth in order inflow to support its ambitious expansion plans.
Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Industrial Products companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹532 Cr | 21.2 | |
| 2 | 40%+ | Up 2%+ | ₹450 Cr | 13.2 | |
| 3 | 40%+ | Up 2%+ | ₹371 Cr | 26.1 | |
| 4 | 40%+ | Up 0–2% | ₹1,340 Cr | 32.9 | |
| 5 | 40%+ | Up 0–2% | ₹1,196 Cr | 14.1 | |
| 6 | 40%+ | Flat | ₹966 Cr | 25.0 |
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Pro shows every company guiding 40%+ revenue growth →Full Industrial Products rankingTembo Global Industries Ltd announcements
All announcements →- Board / shareholder meeting outcomeNotableTembo Global Industries Limited reports EOGM voting results for warrant issuance
Financials of Tembo Global Industries Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Tembo Global Industries Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 87 | 81 | 114 | 115 | 122 | 128 | 164 | 168 | 274 | 248 | 245 | 251 | 346 |
| Expenses + | 84 | 77 | 106 | 110 | 120 | 120 | 149 | 137 | 245 | 220 | 213 | 207 | 307 |
| Operating Profit | 3 | 4 | 8 | 5 | 1 | 8 | 15 | 30 | 29 | 28 | 32 | 43 | 39 |
| OPM % | 4% | 5% | 7% | 4% | 1% | 7% | 9% | 18% | 10% | 11% | 13% | 17% | 11% |
| Other Income + | 0 | 0 | 0 | 3 | 5 | 1 | 10 | 1 | 1 | 3 | 4 | 1 | 10 |
| Interest | 1 | 1 | 1 | 1 | 2 | 2 | 4 | 6 | 5 | 5 | 6 | 6 | 9 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 3 | 2 |
| Profit before tax | 2 | 3 | 7 | 6 | 3 | 7 | 20 | 25 | 24 | 26 | 30 | 35 | 38 |
| Tax % | 29% | 25% | 26% | 25% | 23% | 26% | 25% | 24% | 35% | 22% | 26% | 26% | 22% |
| Net Profit + | 1 | 2 | 5 | 4 | 3 | 5 | 15 | 19 | 16 | 20 | 22 | 26 | 30 |
| EPS in Rs | 1.18 | 1.70 | 4.70 | 4.01 | 2.38 | 4.88 | 13.13 | 14.69 | 9.48 | 12.30 | 12.98 | 13.65 | 14.51 |
Financials of Tembo Global Industries Ltd
Profit & Loss
Annual income statement trend
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales + | 79 | 104 | 176 | 250 | 439 | 744 | 1,090 |
| Expenses + | 73 | 97 | 168 | 236 | 413 | 652 | 948 |
| Operating Profit | 6 | 8 | 8 | 13 | 25 | 92 | 142 |
| OPM % | 7% | 7% | 5% | 5% | 6% | 12% | 13% |
| Other Income + | 0 | 0 | 2 | 0 | 1 | -0 | 19 |
| Interest | 2 | 2 | 4 | 3 | 5 | 17 | 25 |
| Depreciation | 1 | 2 | 2 | 3 | 3 | 2 | 7 |
| Profit before tax | 3 | 3 | 4 | 8 | 19 | 72 | 130 |
| Tax % | 28% | 30% | 27% | 27% | 25% | 30% | 24% |
| Net Profit + | 2 | 2 | 3 | 6 | 14 | 51 | 98 |
| EPS in Rs | 1.76 | 1.82 | 2.30 | 5.21 | 12.80 | 32.95 | 49.25 |
| Dividend Payout % | 32% | 40% | 0% | 0% | 8% | 3% | 0% |
Financials of Tembo Global Industries Ltd
Balance Sheet
Capital structure and asset base
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 10 | 10 | 11 | 11 | 15 | 19 |
| Reserves | 16 | 13 | 15 | 29 | 55 | 196 | 434 |
| Borrowings + | 17 | 36 | 41 | 41 | 50 | 258 | 386 |
| Other Liabilities + | 13 | 22 | 26 | 29 | 47 | 104 | 468 |
| Total Liabilities | 51 | 81 | 92 | 110 | 163 | 574 | 1,306 |
| Fixed Assets + | 7 | 18 | 20 | 22 | 22 | 26 | 118 |
| CWIP | 1 | 0 | 0 | 3 | 8 | 84 | 68 |
| Investments | 0 | 0 | 1 | 1 | 1 | 2 | 31 |
| Other Assets + | 43 | 62 | 70 | 84 | 131 | 462 | 1,089 |
| Total Assets | 51 | 81 | 92 | 110 | 163 | 574 | 1,306 |
Financials of Tembo Global Industries Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -0 | -4 | 4 | 2 | 17 | -77 | -90 |
| Cash from Investing Activity + | -3 | -12 | -5 | -7 | -32 | -207 | -85 |
| Cash from Financing Activity + | 4 | 16 | 2 | 6 | 15 | 287 | 258 |
| Net Cash Flow | 1 | 0 | -0 | 0 | -0 | 2 | 83 |
| Free Cash Flow | -3 | -16 | -1 | -6 | 9 | -157 | -187 |
| CFO/OP | 10% | -40% | 62% | 25% | 77% | -78% | -43% |
Financials of Tembo Global Industries Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 94 | 108 | 57 | 34 | 26 | 59 | 78 |
| Inventory Days | 87 | 98 | 73 | 61 | 44 | 78 | 141 |
| Days Payable | 74 | 84 | 46 | 24 | 36 | 42 | 104 |
| Cash Conversion Cycle | 106 | 122 | 84 | 71 | 33 | 95 | 115 |
| Working Capital Days | 75 | 63 | 48 | 20 | 20 | 10 | 132 |
| ROCE % | 12% | 10% | 18% | 24% | 31% | 23% |
Guidance history
How Tembo Global Industries Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 20–40% | Up 2%+ | Planned | — | Rising |
| Q4 FY26 call → | 40%+ | Up 2%+ | Planned | Planned | Rising |
| Q3 FY26 call → | 40%+ | Flat | Planned | Planned | Rising |
| Q1 FY26 call → | 20–40% | Up 2%+ | Planned | Planned | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
33 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | +7.1% | 68% |
| Last 6 months | +1.0% | 57% |
| Last 3 months | +7.5% | 79% |
The price is 31.6% below its all-time high of ₹85.95 (27 Dec 2024). Stocks more than 20% below their peak have their score halved, so 66 became 33.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Tembo Global Industries Ltd: 0.4 × 68 + 0.4 × 57 + 0.2 × 79 = 66, halved to 33 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 16 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Tembo Global Industries Ltd's management said in earlier quarters
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