Tembo Global Industries Limited, a leading engineering-driven industrial solutions provider for sectors such as oil & gas, chemicals, construction, power, shipbuilding, nuclear, HVAC, and OEM installations is pleased to announce its impressive financial performance for the fourth quarter and year ended March 31, 2026.
Consolidated Financial Highlights – Q4 & FY26
|
Particulars |
Q4FY26 |
Q4FY25 |
YoY |
Q3FY26 |
QoQ |
FY26 |
FY25 |
YoY |
|
(in INR Crores) |
||||||||
|
Revenue from Operations |
346.0 |
274.0 |
26.3% |
250.7 |
38.0% |
1,090.2 |
743.2 |
46.7% |
|
EBITDA |
39.0 |
28.8 |
35.2% |
43.2 |
(9.7%) |
142.5 |
91.7 |
55.4% |
|
EBITDA margin |
11.3% |
10.5% |
75bps |
17.2% |
(596 bps) |
13.1% |
12.3% |
74 bps |
|
PAT |
30.1 |
15.6 |
93.3% |
26.1 |
15.1% |
98.2 |
54.7 |
79.7% |
|
PAT margin |
8.7% |
5.7% |
302bps |
10.4% |
(173 bps) |
9.0% |
7.4% |
166 bps |
|
EPS (in INR) |
16.87 |
8.84 |
90.8% |
15.38 |
9.7% |
51.23 |
31.13 |
64.6% |
Consolidated Financial Results – Q4 & FY26
· Revenue:
o Revenues during Q4 FY26 grew by 26.3% YoY to INR 346 crores led by significant growth in Engineering segment
o FY26 Revenue stood at INR 1,090 crores, grew by 46.7% YoY
· EBITDA:
o EBITDA for Q4 FY26 stood at INR 39 crores, up by 35.2% YoY; for FY26 stood at INR 143 crores, up by 55.4% YoY
o EBITDA Margin for Q4 FY26 stood at 11.3%, expanded by 75 bps YoY; FY26 EBITDA margins expanded by 74 bps YoY to 13.1%.
· PAT:
o PAT during Q4 FY26 increased by 93.3% YoY to INR 30 crores; PAT margin stood at 8.7%, expanded by 302 bps YoY
o PAT during FY26 grew by 79.7% YoY to INR 98 crores; PAT margin expanded by 166 bps YoY to 9.0%
Commenting on the significant performance, Managing Director of Tembo Global Industries, Mr. Sanjay J. Patel expressed his view:
“FY26 has been a transformational year for Tembo Global Industries, marked by strong financial performance, execution excellence, and decisive progress across our strategic growth pillars. The Company delivered robust growth with revenues rising 46.7% YoY to INR 1,090 crore, while EBITDA and PAT grew by 55.4% and 79.7% YoY, respectively, reflecting improved scale, operating leverage, and disciplined execution.
Engineering:
Our Engineering Solutions segment remained the primary growth driver, scaling significantly on the back of strong demand from infrastructure-linked sectors such as oil & gas, marine, water, and EPC.
EPC:
During the year, we strengthened our global project credentials with our qualification as the L1 bidder for a prestigious offshore revamp project by a leading company in Kuwait, with an estimated value of ~INR 300 crore. The project involves complex engineering systems including fire protection, marine equipment, and integrated infrastructure, underscoring our ability to deliver high-value, technically demanding international assignments.
Our order book remains robust at ~INR 1,548 crore, supported by a strong order bidding pipeline of over INR 2,256 crores, providing strong medium-term revenue visibility. Additionally, we are actively pursuing INR 700+ crore opportunities in port construction and fuel farm systems, further strengthening our EPC pipeline across civil, MEP, and HVAC segments.
Solar:
Our solar projects continue to advance in line with the planned timeline, with all sites expected to be fully operational by the end of Q2 FY27. Commercial operations in the solar segment are slated to commence from Q3 FY27, which are expected to contribute meaningfully to the Company’s diversified revenue streams and support its long-term growth strategy.
Defence:
A key highlight of the year has been our strategic entry and rapid progress in the defence manufacturing segment, where our subsidiary secured a Defence Manufacturing Licence from the Government of Maharashtra to establish a small arms facility following our WEF 2025 MoU with MIDC, along with a Government of India licence for ammunition manufacturing. Additionally, we have entered into an NDA with a leading defence PSU to explore opportunities in indigenous design, development, and production, strengthening our position in India’s defence ecosystem.
These milestones collectively position Tembo to participate meaningfully in India’s defence indigenisation journey under initiatives such as Make in India and Atmanirbhar Bharat, while opening long-term growth avenues in both domestic and export markets.
Our balance sheet remains strong, with a debt-to-equity ratio of 0.77:1 as of 31st March 2026. Even while undergoing a phase of capital expenditure, the company maintained healthy return ratios, with Return on Capital Employed (ROCE) at 18.4% and Return on Equity (ROE) at 20.0% as on 31st March 2026.
Looking ahead, we remain focused on executing our strong order book, ramping up capacity utilisation, and scaling our presence across engineering, EPC, defence, and renewable energy businesses. With a strong pipeline, improved global participation, and clear visibility towards our growth targets, we expect to achieve revenues of approximately INR 1,600 crore in FY27, driven primarily by the engineering business. We are confident of sustaining our growth momentum and delivering long-term value for all stakeholders.”