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Tembo Global Industries Limited (NSE: TEMBO), 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 financial performance for the second quarter and half year ended September 30, 2026.

Consolidated Financial Results – Q2 & H1 FY27 Revenue:
*       Revenue for Q2FY27 stood at INR 232 crores. For H1FY27, revenue increased 8.2% YoY to INR 534 crores. The Engineering division recorded 121.6% YoY growth in H1FY27

EBITDA:
*  EBITDA for Q2FY27 increased 11.2% YoY to INR 37 crores, with EBITDA margin expanding by 240 bps YoY to 15.9%.

*  For H1FY27, EBITDA grew 40.4% YoY to INR 86 crores, with margin expanding by 370 bps YoY to 16.1% driven by robust Engineering & EPC execution and benefits from operating leverage

PAT:
*  PAT for Q2FY27 increased 18.3% YoY to INR 26 crores, with PAT margin expanding by 227 bps YoY to 11.2%.

*  For H1FY27, PAT grew 36.2% YoY to INR 57 crores, while PAT margin expanded by 220 bps YoY to 10.7%

Commenting on the significant performance, Managing Director of Tembo Global Industries, Mr. Sanjay J. Patel expressed his view:
“During H1FY27, we delivered healthy growth across key profitability parameters. Revenue increased by 8.2% YoY to INR 534 crore, while EBITDA grew by 40.4% YoY to INR 86 crore and PAT increased by 36.2% YoY to INR 57 crore. EBITDA margin expanded by 370 bps YoY to 16.1%, reflecting improved operating efficiencies, disciplined execution and our continued focus on profitable growth.

Engineering & EPC Remain Core Growth Drivers
Our Engineering & EPC business continues to remain at the core of our operations, supported by opportunities across oil & gas, marine, water infrastructure and other industrial sectors. With an order book of over INR 1600 Crores and a strong bidding pipeline of INR 2550 Crores, we have healthy revenue visibility and are well placed to capitalize on growth opportunities across India and international markets. We remain focused on strengthening our EPC capabilities, enhancing execution capacity and pursuing larger, high-value infrastructure opportunities to improve long-term revenue visibility.

Renewable Energy to Add Stable Revenue Stream
Alongside our core operations, our solar portfolio continues to progress as part of our broader strategy to diversify the business and develop additional recurring revenue streams over the long term. A total of 10 solar sites have been handed over, with billing started for 4 sites. The Company expects to complete the handover of all remaining sites by the end of the current quarter, further strengthening its renewable energy portfolio and supporting future revenue growth.

Strengthening Our Defence Manufacturing Platform
We have made meaningful progress in building our defence manufacturing platform. Through Tembo Classic Engineering Private Limited, we have secured manufacturing licences for both ammunition and small arms. The Bhoomi Poojan for our proposed defence manufacturing facility at Amravati, Maharashtra, marked an important milestone as we progress towards developing the infrastructure and manufacturing capabilities required to establish a meaningful presence in India’s defence ecosystem.

Strategic Partnership to Scale Ammunition Manufacturing
We have further strengthened our defence strategy through our collaboration with Lachaussee SA, Belgium, for establishing an advanced ammunition production line in India. The proposed project, valued at approximately €50 million, envisages an annual production capacity of approximately 100 million rounds, with deliveries scheduled for 2028 and 2029. This partnership represents an important step towards developing a scalable domestic ammunition manufacturing platform.

Expanding into UAV & Drone Technologies
Our expansion also extends into UAV and drone technologies. Through JR UAV Limited and its international partnerships, we are developing capabilities in specialised UAV component manufacturing and exploring opportunities across defence and unmanned systems. Together with our small-arms and ammunition initiatives, these developments are aimed at establishing a broader defence and aerospace platform aligned with India’s Make in India and Atmanirbhar Bharat objectives.

Enhanced Capital Market Presence
Further, our listing on the BSE Main Board marks another important milestone in Tembo’s growth journey and enhances our visibility within the capital markets.

Outlook: Focused on Execution and Sustainable Growth
As we progress through the remainder of FY27, our priorities remain centred on disciplined execution, strengthening our Engineering & EPC franchise, progressing our renewable energy initiatives and systematically scaling our defence and aerospace capabilities. With an increasingly diversified business platform and multiple growth initiatives underway, we remain confident in Tembo’s long-term growth prospects and remain focused on creating sustainable value for all our stakeholders.”

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