Tembo Global FY26 Revenue Rises 46.7% to Rs 1,090 Crore

28 May 2026 CW Team

Tembo Global Industries reported consolidated revenue from operations of Rs 1,090.2 crore for FY26, registering 46.7 per cent year-on-year growth. EBITDA rose 55.4 per cent to Rs 142.5 crore, while profit after tax increased 79.7 per cent to Rs 98.2 crore.

For Q4 FY26, revenue grew 26.3 per cent year-on-year to Rs 346 crore, led by strong growth in the engineering segment. EBITDA for the quarter stood at Rs 39 crore, up 35.2 per cent, while profit after tax rose 93.3 per cent to Rs 30.1 crore.

The company said its engineering solutions business remained the main growth driver, supported by demand from infrastructure-linked sectors such as oil and gas, marine, water and EPC. During the year, it also qualified as the L1 bidder for an offshore revamp project in Kuwait valued at around Rs 300 crore.

Tembo Global’s order book stood at nearly Rs 1,548 crore, with an order bidding pipeline of over Rs 2,256 crore. The company is also pursuing opportunities worth over Rs 700 crore in port construction and fuel farm systems.

The company said its solar projects are progressing as planned, with sites expected to become operational by the end of Q2 FY27 and commercial operations expected from Q3 FY27. It also highlighted progress in defence manufacturing, including licences for small arms and ammunition manufacturing.

Sanjay J Patel, Managing Director, Tembo Global Industries, said FY26 was a transformational year, supported by strong financial performance, execution excellence and progress across strategic growth areas. The company expects revenue of around Rs 1,600 crore in FY27, driven mainly by the engineering business.

Infrastructure Energy

28 May 2026

NSW Launches 2.5 GW Renewable Tender And 12 GWh Storage

New South Wales has opened a pair of record tenders seeking two point five gigawatts (GW) of new renewable generation and 12 gigawatt?hours (GWh) of long?duration storage to accelerate its clean energy transition. The generation auction, Tender 8, is the largest launched under the NSW Electricity Infrastructure Roadmap and is being managed by independent consumer trustee AusEnergy Services Limited (ASL). The storage contest, Tender 9, seeks up to 12 GWh of additional storage and follows a decision to unlock an extra 50 per cent of capacity above baseline planning targets. Officials indicated t..

Jharkhand Researchers Develop Eco-Friendly Solar Cell

A team from the Department of Energy Engineering at the Central University of Jharkhand (CUJ) has developed an eco-friendly solar cell that uses a plant-based natural dye extracted from the petals of Mirabilis jalapa (commonly known as Gulabbas or Four O'Clock Flower). The researchers described the work as part of ongoing laboratory studies to explore sustainable alternatives to conventional photovoltaics. The device builds on dye-sensitised solar cell concepts adapted for locally available botanical materials. The lead researcher said the developed solar cell had achieved a highest power conv..

Gwalior Floats Rs 99.8 mn Tender For Two MW Solar Plant

The Gwalior Municipal Corporation has issued a Notice Inviting Tender under a Request For Proposal to appoint an agency to develop a grid-connected solar power project at Manpur. The scheme calls for a two Megawatt AC on-grid ground-mounted solar photovoltaic plant, with a 20 per cent DC oversizing that raises the total DC capacity to two point four Megawatt (MW). The selected developer will be responsible for detailed design, construction and all associated infrastructure works required for grid integration. The original tender document was dated eight June 2024 and was digitally updated in M..