Tembo Global Q1 FY27 Earnings Call Transcript Released
Tembo Global's Q1 FY27 earnings call transcript reveals a 21.9% YoY revenue increase to ₹302 crore and 55.3% YoY PAT growth to ₹31 crore. The company targets FY27 revenue of ₹1,600 crore. Key developments include securing an ammunition manufacturing license and a JV for UAV technology. Defense revenue is projected at ₹300-350 crore in FY28, with aerospace contributing ₹100 crore.
The announcement includes significant operational and strategic developments such as securing a defense manufacturing license, forming a JV for UAV technology, and strong financial performance with clear future revenue targets, which are material to investors.
The company reported robust year-on-year growth in revenue and profit, highlighted positive developments in its engineering, solar, and defense/aerospace segments, and expressed confidence in achieving its future financial targets.
Tembo Global Industries Limited has released the transcript for its Q1 FY27 Earnings Conference Call, which was held on August 19, 2026. During the call, the management reported robust growth, with revenue rising 21.9% year-on-year to ₹302 crore and Profit After Tax (PAT) growing by 55.3% year-on-year to ₹31 crore. The company's strategic focus on the high-margin engineering and EPC segment was highlighted as a key driver, with this segment's contribution to revenue increasing significantly.
The company is confident about sustaining its growth trajectory and achieving its FY27 revenue guidance of ₹1,600 crore. Key business verticals discussed included Engineering and EPC, Solar Power, and Defense and Aerospace. The Engineering and EPC business showed a substantial increase in revenue contribution. In the Solar business, four project sites are operational, with others on track for commissioning in Q2 FY27 and commercial operations expected in Q3 FY27.
A significant development in the Defense and Aerospace segment is the receipt of an ammunition manufacturing license for its subsidiary, Tembo Classic Engineering Pvt. Ltd., in Q1 FY27. The company also announced a strategic international joint venture with JR UAV Europe and JR PROPO Japan for advanced UAV technologies. UAV component manufacturing is expected to commence from the Vasai facility in Q3 FY27, with a first-year revenue target of around ₹100 crore.
Financially, EBITDA increased by 74.8% year-on-year to ₹49.2 crore, with EBITDA margins expanding by 493 basis points to 16.3%. PAT margins improved to 10.3%. The company provided guidance for FY28, expecting defense revenues between ₹300-350 crore with 45-50% EBITDA margins, and aerospace revenues of around ₹100 crore with similar EBITDA margins. Solar business is projected to contribute ₹50-60 crore in FY27 and ₹80-90 crore at peak. The company has a current order book of over ₹1,500 crore and a bidding pipeline of over ₹2,400 crore.
A plain-language summary of a public exchange filing by Tembo Global Industries Limited. Read the original for the full detail.