Tembo Global Posts Strong Q1FY27 Results; Secures Defence Licence and Forms UAV Partnership

Tembo Global Posts Strong Q1FY27 Results; Secures Defence Licence and Forms UAV Partnership​

Tembo Global Industries Limited reported a robust performance for the first quarter of Fiscal Year 2027 (Q1FY27), reflecting significant growth across revenue and profitability. The company also announced critical advancements in its defence and aerospace segments, including securing an ammunition manufacturing licence and forming a joint venture for unmanned aerial vehicles (UAVs).

The industrial solutions provider, which operates in sectors such as oil & gas, chemicals, construction, power, and shipbuilding, saw consolidated revenues reach INR 302.4 Crores during Q1FY27, marking a 21.9% year-on-year increase compared to the previous quarter.

Financial Highlights for Q1FY27​

The financial performance of Tembo Global Industries was driven by strong execution and improved operating efficiencies across its business units.

Consolidated financial highlights are as follows:


Revenues saw a rise of 21.9% YoY, while EBITDA grew by 74.8%. The company's Profit After Tax (PAT) rose by 55.3% YoY to INR 31.2 Crores, with the PAT margin expanding by 222 basis points (bps).

Strategic Moves in Defence and Aerospace​

Tembo Global Industries made several major strides in diversifying into high-tech defence manufacturing. A key milestone was the grant of an ammunition manufacturing licence by the Ministry of Home Affairs, Government of India, to Tembo Classic Engineering Private Limited (TCEPL). This approval is intended to strengthen the company's presence in the domestic defence sector.

Furthermore, the company announced a strategic joint venture with JR-UAV Europe (Italy) and JR PROPO (Japan), operating through its subsidiary JR UAV Limited. This initiative aims to establish a comprehensive ecosystem for technology transfer, localization, and manufacturing of next-generation UAVs and autonomous systems in India.

The expansion into component manufacturing is also underway. JR UAV Limited is set to begin production of specialized UAV components at its Vasai facility during Q3 FY27, targeting an initial revenue of approximately INR 100 Crores for the joint venture in its first year of operations.

Operational Focus and Future Outlook​

The company's Engineering Solutions business remains a cornerstone of growth, supported by sustained demand across various industrial sectors including marine, water infrastructure, EPC, oil & gas, and industrial installations. The Engineering business saw a segment-specific growth increase of 172.9% YoY.

Tembo reported that it has secured an order book exceeding INR 1,500 Crores and maintains a healthy bidding pipeline valued at over INR 2,400 Crores for the Engineering and EPC division.

In terms of renewable energy, four solar project sites have commenced operations, with remaining sites expected to be commissioned during Q2 FY27. Commercial operations from the solar portfolio are scheduled to begin in Q3 FY27.

Managing Director Sanjay J. Patel noted that the strong start is driven by the exponential growth in the Engineering and EPC business. He highlighted the strategic shift in revenue mix, which saw the proportion of Engineering and EPC to Textiles improve significantly to 99:1 in Q1FY27, compared to 44:56 in Q1FY26. The management expressed confidence in achieving the previously outlined FY27 revenue guidance of INR 1,600 Crores based on the current business pipeline strength and strategic focus on high-margin EPC work.

TEMBO Stock Price Movement​

On Tuesday, shares of Tembo Global Industries Limited slipped by 0.97%, settling at ₹61.7 as trading concluded.The stock traded within a daily range of ₹61.2 to ₹65.55, amid volume figures that surpassed 4.5 million shares.