Tembo Global Industries Reports Strong Q2 & H1 FY26 Performance
DEFENSE

Tembo Global Industries Reports Strong Q2 & H1 FY26 Performance

Tembo Global Industries, a leading engineering and industrial solutions provider serving sectors such as oil & gas, construction, power, chemicals, shipbuilding, nuclear energy, HVAC, anti-vibration systems, and various OEM and infrastructure installations, has announced robust financial results for the second quarter and half year ended September 30, 2025.

Commenting on the company’s performance, Sanjay J Patel, Managing Director, said, “Our first-half performance reflects the strong momentum across our core verticals. H1 FY26 revenue grew by 68.9 per cent YoY, driven by solid execution in both Engineering Solutions and Textiles, supported by continued improvements in operational efficiency. The Engineering division remains central to our value creation, with margin gains led by higher value-added fabrication, product diversification, scale benefits, and a focus on niche EPC projects. We are consciously shifting our business mix toward segments that offer stronger margins and long-term strategic relevance.

During the quarter, we made steady progress on our capacity expansion program. Commissioning of the new facility is on track—around 40–50 per cent of the machinery has already been installed, with the remainder scheduled for completion by the end of Q3 FY26. This facility will significantly enhance our production capabilities and strengthen our ability to serve a strong pipeline of domestic and international project opportunities.

In our Solar portfolio, land acquisition has been completed for 21 of the 30 identified sites. We continue to work closely with partners and lenders to accelerate project rollout. Key financing processes are progressing well, including the IREDA-led arrangement of approximately Rs 4.71 billion, where processing formalities are now complete.

In the Defence vertical, the Government of Maharashtra has allocated land for our upcoming defence factory, with the subsidy proposal currently pending approval from the High-Powered Committee of the state.

On the market development front, we expanded our international footprint through new agency agreements, including a recently signed partnership in Kuwait. This aligns with our strategy of building a stronger global presence in engineering and EPC-led solutions.

Our order book remains healthy at approximately Rs 13.35 billion, complemented by a bidding pipeline of more than Rs 21.50 billion, providing strong multi-year revenue visibility. We are entering a phase of disciplined expansion, supported by more robust systems, deeper project planning and stronger financial structuring.

As we look ahead, we remain focused on enhancing execution, improving our working capital cycle, and strengthening our position across infrastructure-driven sectors. We are committed to delivering sustainable value as we scale with clarity and confidence.”

Tembo Global Industries, a leading engineering and industrial solutions provider serving sectors such as oil & gas, construction, power, chemicals, shipbuilding, nuclear energy, HVAC, anti-vibration systems, and various OEM and infrastructure installations, has announced robust financial results for the second quarter and half year ended September 30, 2025.Commenting on the company’s performance, Sanjay J Patel, Managing Director, said, “Our first-half performance reflects the strong momentum across our core verticals. H1 FY26 revenue grew by 68.9 per cent YoY, driven by solid execution in both Engineering Solutions and Textiles, supported by continued improvements in operational efficiency. The Engineering division remains central to our value creation, with margin gains led by higher value-added fabrication, product diversification, scale benefits, and a focus on niche EPC projects. We are consciously shifting our business mix toward segments that offer stronger margins and long-term strategic relevance.During the quarter, we made steady progress on our capacity expansion program. Commissioning of the new facility is on track—around 40–50 per cent of the machinery has already been installed, with the remainder scheduled for completion by the end of Q3 FY26. This facility will significantly enhance our production capabilities and strengthen our ability to serve a strong pipeline of domestic and international project opportunities.In our Solar portfolio, land acquisition has been completed for 21 of the 30 identified sites. We continue to work closely with partners and lenders to accelerate project rollout. Key financing processes are progressing well, including the IREDA-led arrangement of approximately Rs 4.71 billion, where processing formalities are now complete.In the Defence vertical, the Government of Maharashtra has allocated land for our upcoming defence factory, with the subsidy proposal currently pending approval from the High-Powered Committee of the state.On the market development front, we expanded our international footprint through new agency agreements, including a recently signed partnership in Kuwait. This aligns with our strategy of building a stronger global presence in engineering and EPC-led solutions.Our order book remains healthy at approximately Rs 13.35 billion, complemented by a bidding pipeline of more than Rs 21.50 billion, providing strong multi-year revenue visibility. We are entering a phase of disciplined expansion, supported by more robust systems, deeper project planning and stronger financial structuring.As we look ahead, we remain focused on enhancing execution, improving our working capital cycle, and strengthening our position across infrastructure-driven sectors. We are committed to delivering sustainable value as we scale with clarity and confidence.”

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