Tembo Global Industries Limited has informed the Exchange about Investor Presentation
To, Listing Compliance, National Stock Exchange of India Ltd (“NSE”) Exchange Plaza Block G, C 1, Bandra Kurla Complex, G Block BKC, Bandra East, Mumbai, Maharashtra 400051
Subject: Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Investor Presentation on the Financial Results (Standalone & Consolidated) for the quarter ended June 30, 2025
Dear Sir(s) /Madam(s),
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith Investor’s presentation on the Financial Results (Standalone & Consolidated) of the Company for the quarter ended June 30, 2025.
Request you to kindly take the same on record.
For Tembo Global Industries Limited
Sanjay Jashbhai Patel Managing Director DIN: 01958033
Tembo Global Industries Ltd Q1 FY26 - Investor Presentation | August 2025 Geared for Value Creation
Engineering Solutions & EPC
Defence Solutions
Solar Power
Textiles
Table of Content
Business & Financial Highlights
Company Overview
Business Proposition
Business Segments
The Way Forward
3
15
21
23
31
2
2
Business & Financial Highlights
3
Q1 FY26: Robust Financial Performance
“We kicked off FY26 on a strong note, achieving a remarkable 93% YoY revenue growth, reaching INR 248 Crores in Q1FY26, driven by significant advancements in both our Engineering and Textiles divisions. Our focus on Engineering segment led a significant EBIT margin increase of 1,236 bps YoY to 24.9%. We also inaugurated Phase I of our new manufacturing facility, which has quadrupled our capacity to meet rising demand.
Highlighting updates on our key projects, the Maldives jetty project, in collaboration with Tembo Pes JV P. Ltd., is nearing completion and is set to be handed over by the end of Q2FY26. For our Solar Special Purpose Vehicles (SPVs), we have successfully acquired land for 10 out of 30 sites, positioning us well for future renewable energy developments. Land acquisition for our Defence Project is ongoing, and we plan to discuss subsidy claims with the Maharashtra government soon. On the financing front, we have secured loan approvals from financial institutions for INR 471 crores and for INR 138 crores, with additional loans for our SPVs currently under review. We are actively negotiating terms with banks, aiming to finalize these arrangements by August 31, 2025.
Our order book remains robust, with a strong order book of nearly INR1,350 Crores as of June 30, 2025, along with L1 order bidding pipeline worth INR 2,000 Crores. We have identified an INR 600 crores EPC-designated project, in the June quarter, we secured an order worth INR 24 Crores, additionally INR 50 Crores currently under negotiation. The company is confident of securing a major share of the INR 600 crores project and completing it by 31 March 2026. We have also submitted bids for various projects, including international opportunities, totalling approximately INR 800 crores, reflecting our strategy to diversify our portfolio and enhance our market presence.
Tembo is focused on the precision engineering sector, with a diverse portfolio of 288 products serving high-growth industries such as construction, aerospace, and solar power. We are strategically positioning ourselves to capitalize on opportunities in the solar and defence sectors, which present substantial growth potential.
Our commitment to driving growth and delivering value to stakeholders remains steadfast as we navigate the evolving industry landscape.” Sanjay J Patel, Managing Director
4
Consolidated Income Statement – Q1 FY26
Particulars (in INR Crores)
Q1 FY26
Q1 FY25
Revenue
Cost of Goods Sold
Gross Profit
Gross Profit Margin
Employee Expenses
Other Expenses
EBITDA
EBITDA Margin
Depreciation
EBIT
Finance Costs
EBIT and Other Income
Other Income
EBT after Other Income
Tax
PAT
PAT Margin
Diluted EPS (in INR)
248.1
191.0
57.1
23.0%
2.1
26.8
28.2
11.4%
0.8
27.3
4.7
22.6
2.2
24.8
-5.8
19.0
7.7%
15.96
128.4
106.6
21.8
17.0%
1.6
11.9
8.3
6.5%
0.6
7.8
1.8
5.9
1.4
7.3
(1.9)
5.4
4.2%
4.00
YoY
93.2%
79.2%
161.9%
604 bps
32.9%
126.1%
237.4%
485 bps
40.8%
252.5%
158.2%
281.7%
59.1%
239.8%
203.4%
252.6%
346 bps
299.0%
Q4 FY25
274.0
185.1
88.9
QoQ
(9.4%)
3.2%
(35.7%)
FY25
743.2
522.2
221.1
32.4%
(942 bps)
29.7%
1.1
58.9
28.8
10.5%
0.4
28.4
5.1
23.3
(0.2)
23.2
(8.5)
14.7
5.3%
8.84
94.8%
(54.5%)
(2.3%)
82 bps
106.5%
(3.9%)
(7.5%)
(3.1%)
N/A
7.0%
(32.3%)
29.8%
232 bps
80.5%
7.6
121.8
91.7
12.3%
2.3
89.3
16.8
72.5
-0.1
72.5
(21.5)
51.0
6.9%
31.13
Revenue: The Revenues grew by 93.2% YoY to INR 248 Crores owing to the growth in Engineering & Textiles division.
margin
EBITDA: EBIDTA surged by 2.4x YoY to INR 28 Crores due to the Company’s prudent focus on accretive Engineering Business. EBITDA margin expanded by 485 bps YoY to 11.4% in Q1 FY26 led by operational efficiencies and better margins in engineering & EPC segment.
PAT: PAT grew by 252.6% YoY to INR 19 Crores. PAT margin expanded by 346 bps YoY to 7.7% during the quarter.
5
Operational Excellence: PAT grew by 2.5x in Q1 FY26
OPERATING REVENUE (in INR Crores)
EBITDA (in INR Crores) and EBITDA margin (%)
93.2% YoY
128.4
Q1FY25
248.1
Q1FY26
PROFIT BEFORE TAX (in INR Crores)
7.3
Q1FY25
239.8% YoY
24.8
Q1FY26
25
20
15
10
5
0
20
15
10
5
0
6.5%
8.3
Q1FY25
237.4% YoY
11.4%
28.2
Q1FY26
PAT (in INR Crores) and PAT margin (%)
4.2%
5.4
Q1FY25
252.6% YoY
7.7%
19
Q1FY26
17.0%
12.0%
7.0%
2.0%
-3.0%
-8.0%
12.0%
7.0%
2.0%
-3.0%
6
Operational Excellence: PAT surged by 2.6x in FY25
OPERATING REVENUE (in INR Crores)
EBITDA (in INR Crores) and EBITDA margin (%)
438.5
FY24
69.5% YoY
743.2
FY25
PROFIT BEFORE TAX (in INR Crores)
283.4% YoY
18.9
FY24
72.5
FY25
80.0
60.0
40.0
20.0
0.0
50
40
30
20 ` 10
0
5.8%
25.5
FY24
260.1% YoY
12.3%
91.7
FY25
PAT (in INR Crores) and PAT margin (%)
3.2%
14.2
FY24
258.7% YoY
6.9%
51.0
FY25
16.0%
11.0%
6.0%
1.0%
-4.0%
10.0%
8.0%
6.0%
4.0%
2.0%
0.0%
7
Revenue Break-up: Q1 FY26
Segment Wise Revenue Mix (%)
Geographical Mix
Engineering Products, 39%
Textiles, 61%
Exports, 10%
Domestic, 90%
Engineering Products
Textiles
Domestic
Exports
8
Historical Key Performance Metrics
Revenue
EBITDA & EBITDA Margin (%)
104.5
175.9
249.8
438.5
743.2
100.0 80.0 60.0 40.0 20.0 0.0
7.2%
7.5
4.7%
8.2
5.4%
13.4
FY21
FY22
FY23
FY24
FY25
FY21
FY22
FY23
5.8%
25.5
FY24
PAT & PAT Margin (%)
Cash PAT (PAT + Depreciation)
14.0% 12.0% 10.0% 8.0% 6.0% 4.0% 2.0% 0.0%
12.3%
91.7
FY25
53.3
2.2%
2.3
FY21
1.8%
3.2
2.3%
5.8
FY22
FY23
3.2%
14.2
FY24
6.9%
51.0
FY25
8.0%
6.0%
4.0%
2.0%
0.0%
60
50
40
30
20
10
0
(in INR Crores)
4.3
5.5
8.4
16.9
FY21
FY22
FY23
FY24
FY25
9
Historical Key Performance Metrics
Debt to Equity (%)
Working Capital (in Days)
1.55
1.62
1.03
0.75
1.19
FY21
FY22
FY23
FY24
FY25
117
FY21
78
66
33
84
FY22
FY23
FY24
FY25*
*Working Capital Days is 84 days due to high credit period in EPC projects & timeline conversion in Engineering projects
ROE % (Return on Equity)
ROCE % (Return on Capital Employed)
21.5%
23.5%
12.8%
14.5%
10.0%
31.3%
35.0%
24.1%
14.3%
15.8%
FY21
FY22
FY23
FY24
FY25
FY21
FY22
FY23
FY24
FY25
10
Consolidated Income Statement
Particulars (in INR crores)
Revenue
Cost of Goods Sold
Gross Profit
Gross Profit Margin
Employee Expenses
Other Expenses
EBITDA
EBITDA Margin
Depreciation
EBIT
Finance Costs
EBIT and Other Income
Other Income
EBT after Other Income
Tax
PAT
PAT Margin
Diluted EPS (in INR)
FY 21
104.5
74.1
30.4
29.0%
3.0
19.9
7.5
7.2%
2.0
5.6
2.4
3.2
0.2
3.3
(1.0)
2.3
2.2%
2.34
FY 22
175.9
137.7
38.2
21.7%
4.9
25.1
8.2
4.7%
2.3
5.9
3.6
2.3
2.0
4.3
(1.1)
3.2
1.8%
3.14
FY 23
249.8
206.5
43.3
17.3%
5.7
24.2
13.4
5.4%
2.6
10.8
3.4
7.4
0.4
7.9
(2.1)
5.8
2.3%
5.22
FY 24
438.5
378.2
60.3
13.8%
8.0
26.8
25.5
5.8%
2.7
22.7
5.2
17.6
1.3
18.9
(4.7)
14.2
3.2%
10.46
FY25
743.2
522.2
221.1
29.7%
7.6
121.8
91.7
12.3%
2.3
89.3
16.8
72.5
(0.1)
72.5
(21.5)
51.0
6.9%
31.13
11
Consolidated Balance Sheet
Particulars (in INR crores)
As on 31st March 2021
As on 31st March 2022
As on 31st March 2023
As on 31st March 2024
As on 31st March 2025
ASSETS
Non - Current Assets
Current Assets
Total Assets
EQUITY & LIABILITIES
Equity
Non – Current Liabilities
Current Liabilities
Total Equity & Liabilities
Debt*
23
58
81
24
17
40
81
36
26
66
92
25
25
42
92
41
33
77
110
40
7
63
110
41
41
122
163
66
10
87
163
50
248
326
574
217
39
319
574
259
Higher Loans & Advances due to foray in Solar and Defence.
Zero risk trade receivables backed by 90-180 days Letter of Credit (LC). Additionally, EPC project receivables have a cash retention component which gets the realised the project. completion of
on
High Working Capital
to execute the LC backed EPC order book. The Company maintained higher inventory to execute its growing order book. Additionally, working capital requirement was funded by short term & long term borrowings and equity infusion preferential allotment and issue of share warrants in FY25.
i.e.,
*Debt includes short term debt and long term debt
12
Company Overview
13
Tembo Global Industries Limited – At a Glance
Tembo is a prominent engineering company, manufacturing high-quality specialised metal products for a wide array of applications, including Pipe Support Systems, Fasteners, Anchors, and HVAC, catering to industries like Automotive, Real Estate, Infrastructure and Oil & Gas. Additionally, the Company forayed into the Defence sector in FY25.
S H T G N E R T S Y E K
Diversified Business Segments:
Manufacturing of Engineering Products | Textiles | Defence Products (from FY26) | Solar Power (Additionally Strategic Partnership with MASAH company has identified the opportunities in Solar & Defence in Gulf countries)
~40 Years Management Experience
High Quality Standards:
Company boasts UL and FM Approvals, showcasing our products' globally recognized quality and safety, complemented by ISO 9001:2015 certification for our production facilities' adherence to the Quality Management System Standard
Marque Customers:
Integrated Manufacturing Capacities:
Global presence is marked by exports to USA, Middle East, and a robust customer base including prominent domestic and international customers
15,000 MTPA capacity with forward and backward integration of our manufacturing facilities has resulted in cost savings and increased profitability. Ongoing Capex to enhance the capacity by 6x i.e., up to 90,000 MTPA by the end of Q2FY26
INR 1,350 Crores Order Book
27+ Countries Strong Exports
15,000 MTPA Current Capacity
14
Ready to Yield the Benefits of Diversification
Key Business Verticals
Engineering Solutions
Textiles
Defence
Power
Key Financials
Segment Highlights
Expertise
EPC Project Delivery and Manufacturing Structural Support Systems Fuel Farm & Piping
Infrastructure
Building & Factories
Refinery Projects
Renewable Energy
Marine Jetty Projects
Manufacturing of
Engineering Products used in Construction & Infra
Processing of Fibres & Yarn
Array of Products
Solar Power
CAGR Growth (%) (FY21-FY25)
Processing &
Supply of Fibres & Yarn as per the Client’s Requirement
Ventured into Defence with Tembo Defence Products Ltd in Q2FY25
Power Purchase Agreement with Maharashtra State Electricity Distribution Co. Ltd (MSEDCL)
Revenue
EBITDA
PAT
63.3%
86.8%
115.8%
Return Ratios (FY25)
EBIT Margin FY25 (%)
Revenue Growth FY20-24 CAGR (%)
17.6%
23.5%
Expected Revenue Contribution FY27 (%)
60%
2.1%
77.9%
10%
NA
NA
20%
NA
NA
10%
ROCE
ROE
35.0%
23.5%
15
Journey from Trading to a Leading Engineering Solutions Player
2010
Saketh Exim Pvt. Ltd. was established.
Production increased by 70% for Pipe Hangers & 200% for Threaded Bars.
2016
2017
Commenced electroplating Plant & Mfg. of Threaded Bar.
2011
Land Building Developed At Navi Mumbai
FM approval received. Became only Indian company to have UL & FM approvals. Added rubber support inserts.
2015
Commercialized manufacturing facility spread across 20K Sq.ft. Commenced Fasteners production. Added products like Beam Clamps, Dielectric Union, & Slotted Channel. Listed on NSE.
2018
Formed Zinc Flake Dies Manufacturing Unit.
2019
2012
JV with BM Electromechanical for manufacturing pipe hanger and Support System.
2014
Added Customer Base. Approvals for many projects in the Gulf. Added U-bolts to the product list
Enhanced Production Capacity. UL Certification Received.
2013
Name changed to Tembo Global Industries Limited in March 2020. UL/FM approvals received for Beam Clamps. ETA and NFPA approvals received for Fasteners & Hangers. Incorporated Tembo Global LLC (Egypt)
2020
Forged a 75:25 strategic partnership with MASAH Specialized Construction Co. for expanding the products reach in Gulf Cooperation Council (GCC), USA and European countries. Ventures into EPC contract business
2023
Incorporated wholly owned subsidiary ‘United Global Industries USA Inc.’ in USA
2022
Listed on Main Board of NSE. Added 4 new customers with millions of dollars worth purchase orders in annual commitment. Purchased new land for expansion.
2021
2024
Incorporates two divisions ‘Tembo Global Infra Ltd.’ and ‘Tembo Defence Products P. Ltd.’ Also made Inroads into Solar
2025
Signed MoU at Davos for setting-up a defence products manufacturing unit in Maharashtra
16
Backed by Strong Leadership Team
Sanjay J Patel Managing Director
Shabbir Merchant
Director
Fatima S. Kachwala Executive Director & Chief Financial Office
Shalin Sanjay Patel Non - Executive Director
Nitin Tiwari Accounts & Finance Head
Founded Tembo Group in
2010
With a dynamic leadership style, he has guided Tembo Group with a visionary approach.
His extensive experience and
mentorship have been invaluable assets to Tembo Group.
Co-founded Tembo Group in 2010, demonstrating exceptional leadership qualities.
Has diverse skillset across all aspects of business from operations to strategy.
11 years of experience, with
a well-rounded understanding of business operations, with a strong foundation in human resource management.
Her thoughtful leadership and strategic perspective continue to contribute significantly to Tembo Global’s organizational growth and planning efforts.
He holds Master’s Degree in Computer Science from University at Albany, New York
He effectively manages
production planning, drives strategic diversification & capacity expansion, & leads sales, marketing, & product promotion initiatives, and the Tembo Global’s digital transformation.
Chartered Accountant with 10 years of experience in financial planning, due diligence of Merger & Acquisition (M&A) fund raising, budgeting, forecasting, investor relations, MIS reporting, statutory compliance, and B4 audit management.
17
Seasoned Board of Directors
Firdose Vandrevala Non-Executive Director
Ms. Homai Daruwalla Independent Director
Ajay Madan Independent Director
Sumantra Sarathi Mahata Independent Director
Nikunj Barot Independent Director
A seasoned business leader
with over five decades of multi- industry experience across steel, power, telecommunications, real estate, and management consultancy
Played an active role in shaping
public policy through his involvement with committees formed by SEBI and the Ministry of Finance
An accomplished banker and Chartered Accountant with over three decades of leadership experience across prominent public sector banks, including Union Bank of India, Oriental Bank of Commerce, and Central Bank of India
As a Chairperson of The
Zoroastrian Co-operative Bank Ltd., she transformed the institution into a model of excellence within the co- operative banking sector.
A distinguished Chartered
Accountant with over three and a half decades of extensive of expertise in corporate audits, direct and indirect taxation, and debt syndication
Conducted forensic audits for various companies across the African continent, demonstrating his proficiency in identifying financial discrepancies and ensuring regulatory compliance
A Fellow Member of the Institute of Company Secretaries of India (ICSI), an integrated Law (Honors) graduate, an MBA in Finance, and a Diploma in Arbitration
He has over a decade of
comprehensive experience in corporate secretarial management, including NCLT proceedings, ROC compliances, listing regulations, and allied areas.
A highly accomplished
Chartered Accountant with over a decade of diverse experience in accounting, taxation, and financial consulting
Professional expertise spans across Corporate Finance, Direct Taxation, International Taxation, and GST Compliance & Litigation
18
Business Proposition
19
Creating Value through Engineering Know-how
Capacity Expansion and Foray into High Margin Business
Capacity Expansion: The Company’s current
capacity is pegged at 15,000 tons per annum. The ongoing green field expansion at Vasai will bolster Tembo Global Industries overall capacity by 6x times by the end of Q2FY26
Venturing into High Margin Business: The Company aims to take it leverage engineering expertise foray into high margin manufacturing business including: ERW Pipes, EPC Business (Tembo Global Infra Ltd), Defence (Tembo Defence Products P. Ltd)
Certifications
UL & FM Certification: The Company’s products are certified and approved by Underwriter’s Laboratory Inc. (USA) and FM Approval (USA) for Fire Sprinkler System installation
Winning New Clients & Penetration into Other
Geographies: The prestigious UL & FM certifications facilitates Tembo Global Industries to attract and win new customers into different geographies
Diversified Business with Strong Order Book
Engineering Products: Manufacturing & Fabricating metal products essential for Pipe Support Systems, Fasteners, Anchors, HVAC, Anti-Vibration Systems, and various industrial, commercial, utility, and OEM installations
Textiles: Processing & Supply of Fibres and Yarn
Strong Order Book: Tembo has strong order book of
INR 1,350 Crores as on 30th June 2025
Domain Expertise
Rich Experience: Promoters with 4+ decades rich
industry experience
Customised Solutions: Team comprised of seasoned professionals backed with domain knowledge offering tailor-made solutions for fabrication and installation specialist in ductile pipes, HDB pipes & fittings, and MS plates maintaining highest quality standards
20
Business Segments
21
Engineering Solutions: Core Focus Area
Product Portfolio
Heavy Duty Clamps Fabrication
Construction: Bridges, Buildings, Offshore Platforms
Manufacturing: Pressure Vessels, Industrial Machinery, Storage Tanks
Transportation: Ship Building, Heavy-duty Vehicles, Mining
Refinery: MEP, HVAC & Fire and Safety
Industry Applications
Competitive Edge
Engage into margin accretive and long-term revenue
stability projects
Offers comprehensive & integrated solutions
Enhances competitive advantage & attracts broader
customer base
Facilities and Team
Plants: 2 Existing Operational Facilities & 1 Upcoming
Greenfield Plant at Vasai
Current Capacity: 15,000 tons per annum (TPA) – Operating at Single Shift
Ongoing Capacity Expansion: by 6x to 90,000 TPA Team Expertise: 80+ Engineering Professionals
22
Engineering Solutions: Driving Revenue Visibility
Revenue Mix: Q1 FY26
Exports, 23%
Domestic, 77%
Water & Marine Infrastructure, INR 50 Crores
Order Book: INR 1,350 Crores
Land Infrastructure & Textile, INR 1,300 Crores
Ventured into EPC as a Forward Integration to Engineering Products
Water & Marine Infrastructure, INR 600 Crores
Land Infrastructure, INR 1400 Crores
Order Bidding Pipeline (including L1): INR 2,000 Crores (including EPC Projects)
FY26 Revenue Guidance: INR 800 Crores
23
Engineering Solutions: Key Ongoing Projects
Marine Jetty
New Water Injection
Pipe Supply
Bottling Terminal
Refinery
Refinery Expansion
Fuel Farm
Hotel Construction
Construction of Fuel Jetty
Support Infrastructure for Key Refinery Project
Laying Pipe Supply
Civil & RCC Work, Reinforcement of Steel Work, etc.
Applying VGO and CDU-VDU units
MEP & Fire Fighting Support System Fabrication & Installation
Construction of Fuel Farm
MEP & HVAC EPC
Water & Marine Infra Projects
Land Infra Projects
Scope of work
24
EPC Projects Nearing Completion
Fuel Farm
Marine Jetty
Completion Status: 90%
Completion Status: 90%
Propels the Company to Bid and Win New Projects
25
Senior EPC Team
Suhas Deshpande Senior Project Director Ports & Jetty
Shantanu Ghosh Project Director Fuel Farm / Water
Manas Mukherjee Project Director Jetty
Dharmanshu Rawal Vice President – Projects Ports & Jetty
Rich experience in Ports and Harbours and Breakwater and Reclamation Works Projects
Executed numerous Marquee Projects
Diversified experience in EPC, Fuel
Farm Works and other Infra Projects
Facilitated several Domestic and
Global Projects
Over 35 years of diversified exposure executing
Varied experience in handling construction
key construction projects for renowned companies
Rich expertise in Marine, Non-Marine and
Industrial Project
projects of leading companies
Project exposure includes Multipurpose
terminal, passenger jetty and extension of jetty, container yard development, etc.
Probir Biswas Project Director
Handled Domestic & International EPC
Projects
With 20 years of experience
Jayant Kumar Project Director
Rich experience in Ports and Harbours and Breakwater and Reclamation Works Projects
Executed numerous Marquee Projects
26
Serves Marquee Domestic & International Clients
27
Textiles: Catering through Strong Sourcing Capabilities
Textiles Business
Processing and Supply of Fibres and Yarn Initiated Exports of Yarn in FY24 Clientele: Importers, Chain Stores, Retailers, Brands, and other Private labelling clients
Current Order Book
The Order Book stands at INR 130 Crores as on 30th June 2025
FY26 Revenue Guidance: INR 300 Crores
Textiles revenue in Q1 FY26 stood at INR 141 crores. It was entirely generated from domestic market
Textile is only a legacy business with no capex of the company involved – always contributed to our profitability in last more than 5 years but with full focus on precision engineering products and foray into EPC Projects, Solar power and Defence we are doing complete forward integration in the areas with excellent profitability margins, value creation, and wealth creation for all our stakeholders.
28
The Way Forward
Being the Preferred Supplier of Choice for Diverse Engineering and Specialised Products
29
Expanding Manufacturing Capacity by 6x to 90,000 MTPA
New Capacity: Commissioning Expected by the end of Q2FY26
New Facility: Vasai
Capex Incurred: INR 75 Crores
Funding: INR 50 Crores Debt & Balance Funded by the Company & Promoters
Capex Status: Factory Work Completed (Shifting & Machinery installation still in progress)
Expected Revenue (FY26): INR 300 Crores
New Products Pipeline (FY26)
New Products
Capacity
1,1 5,000 1,1 4,770 1,1 4,540 1,1 4,310 1,1 4,080 1,1 3,850 1,1 3,620 1,1 3,390 1,1 3,160 1,1 2,930 1,1 2,700 1,1 2,470 1,1 2,240 1,1 2,010 1,1 1,780 1,1 1,550 1,1 1,320 1,1 1,090 1,1 0,860 1,1 0,630 1,1 0,400 1,1 0,170 1,0 9,940 1,0 9,710 1,0 9,480 1,0 9,250 1,0 9,020 1,0 8,790 1,0 8,560 1,0 8,330 1,0 8,100 1,0 7,870 1,0 7,640 1,0 7,410 1,0 7,180 1,0 6,950 1,0 6,720 1,0 6,490 1,0 6,260 1,0 6,030 1,0 5,800 1,0 5,570 1,0 5,340 1,0 5,110 1,0 4,880 1,0 4,650 1,0 4,420 1,0 4,190 1,0 3,960 1,0 3,730 1,0 3,500 1,0 3,270 1,0 3,040 1,0 2,810 1,0 2,580 1,0 2,350 1,0 2,120 1,0 1,890 1,0 1,660 1,0 1,430 1,0 1,200 1,0 0,970 1,0 0,740 1,0 0,510 1,0 0,280 1,0 0,050 99, 820 99, 590 99, 360 99, 130 98, 900 98, 670 98, 440 98, 210 97, 980 97, 750 97, 520 97, 290 97, 060 96, 830 96, 600 96, 370 96, 140 95, 910 95, 680 95, 450 95, 220 94, 990 94, 760 94, 530 94, 300 94, 070 93, 840 93, 610 93, 380 93, 150 92, 920 92, 690 92, 460 92, 230 92, 000 91, 770 91, 540 91, 310 91, 080 90, 850 90, 620 90, 390 90, 160 89, 930 89, 700 89, 470 89, 240 89, 010 88, 780 88, 550 88, 320 88, 090 87, 860 87, 630 87, 400 87, 170 86, 940 86, 710 86, 480 86, 250 86, 020 85, 790 85, 560 85, 330 85, 100 84, 870 84, 640 84, 410 84, 180 83, 950 83, 720 83, 490 83, 260 83, 030 82, 800 82, 570 82, 340 82, 110 81, 880 81, 650 81, 420 81, 190 80, 960 80, 730 80, 500 80, 270 80, 040 79, 810 79, 580 79, 350 79, 120 78, 890 78, 660 78, 430 78, 200 77, 970 77, 740 77, 510 77, 280 77, 050 76, 820 76, 590 76, 360 76, 130 75, 900 75, 670 75, 440 75, 210 74, 980 74, 750 74, 520 74, 290 74, 060 73, 830 73, 600 73, 370 73, 140 72, 910 72, 680 72, 450 72, 220 71, 990 71, 760 71, 530 71, 300 71, 070 70, 840 70, 610 70, 380 70, 150 69, 920 69, 690 69, 460 69, 230 69, 000 68, 770 68, 540 68, 310 68, 080 67, 850 67, 620 67, 390 67, 160 66, 930 66, 700 66, 470 66, 240 66, 010 65, 780 65, 550 65, 320 65, 090 64, 860 64, 630 64, 400 64, 170 63, 940 63, 710 63, 480 63, 250 63, 020 62, 790 62, 560 62, 330 62, 100 61, 870 61, 640 61, 410 61, 180 60, 950 60, 720 60, 490 60, 260 60, 030 59, 800 59, 570 59, 340 59, 110 58, 880 58, 650 58, 420 58, 190 57, 960 57, 730 57, 500 57, 270 57, 040 56, 810 56, 580 56, 350 56, 120 55, 890 55, 660 55, 430 55, 200 54, 970 54, 740 54, 510 54, 280 54, 050 53, 820 53, 590 53, 360 53, 130 52, 900 52, 670 52, 440 52, 210 51, 980 51, 750 51, 520 51, 290 51, 060 50, 830 50, 600 50, 370 50, 140 49, 910 49, 680 49, 450 49, 220 48, 990 48, 760 48, 530 48, 300 48, 070 47, 840 47, 610 47, 380 47, 150 46, 920 46, 690 46, 460 46, 230 46, 000 45, 770 45, 540 45, 310 45, 080 44, 850 44, 620 44, 390 44, 160 43, 930 43, 700 43, 470 43, 240 43, 010 42, 780 42, 550 42, 320 42, 090 41, 860 41, 630 41, 400 41, 170 40, 940 40, 710 40, 480 40, 250 40, 020 39, 790 39, 560 39, 330 39, 100 38, 870 38, 640 38, 410 38, 180 37, 950 37, 720 37, 490 37, 260 37, 030 36, 800 36, 570 36, 340 36, 110 35, 880 35, 650 35, 420 35, 190 34, 960 34, 730 34, 500 34, 270 34, 040 33, 810 33, 580 33, 350 33, 120 32, 890 32, 660 32, 430 32, 200 31, 970 31, 740 31, 510 31, 280 31, 050 30, 820 30, 590 30, 360 30, 130 29, 900 29, 670 29, 440 29, 210 28, 980 28, 750 28, 520 28, 290 28, 060 27, 830 27, 600 27, 370 27, 140 26, 910 26, 680 26, 450 26, 220 25, 990 25, 760 25, 530 25, 300 25, 070 24, 840 24, 610 24, 380 24, 150 23, 920 23, 690 23, 460 23, 230 23, 000 22, 770 22, 540 22, 310 22, 080 21, 850 21, 620 21, 390 21, 160 20, 930 20, 700 20, 470 20, 240 20, 010 19, 780 19, 550 19, 320 19, 090 18, 860 18, 630 18, 400 18, 170 17, 940 17, 710 17, 480 17, 250 17, 020 16, 790 16, 560 16, 330 16, 100 15, 870 15, 640 15, 410 15, 180 14, 950 14, 720 14, 490 14, 260 14, 030 13, 800 13, 570 13, 340 13, 110 12, 880 12, 650 12, 420 12, 190 11, 960 11, 730 11, 500 11, 270 11, 040 10, 810 10, 580 10, 350 10, 120 9,8 90 9,6 60 9,4 30 9,2 00 8,9 70 8,7 40 8,5 10 8,2 80 8,0 50 7,8 20 7,5 90 7,3 60 7,1 30 6,9 00 6,6 70 6,4 40 6,2 10 5,9 80 5,7 50 5,5 20 5,2 90 5,0 60 4,8 30 4,6 00 4,3 70 4,1 40 3,9 10 3,6 80 3,4 50 3,2 20 2,9 90 2,7 60 2,5 30 2,3 00 2,0 70 1,8 40 1,6 10 1,3 80 1,1 50 0230460690920
15,000
90,000
Q1FY25
Q2FY26
ERW Pipes
Capacity Breakup: FY26
30,000 MTPA
60,000 MTPA
15,000 MTPA
30,000 MTPA
Strut Channels
15,000 MTPA
15,000 MTPA Existing Engineering Products
Key Edge
Manufacturing Plant Laced with In-house R&D Facility
Promotes Product Innovation across Product Offering
ERW Pipes
60,000 MTPA
Strategic Location promotes Ease in Logistics
Strut Channels
30,000 MTPA
Enhanced Capacity and R&D Focus to result Operational
Efficiencies and Economies of Scale
Vasai Capacity’s Revenue Potential at Peak Utilization: INR 700 Crores
30
Foray into Solar Power
Leadership
Project Details
❑ 120 MW PPA signed with Maharashtra Government ❑ Commissioning by end FY26 – Extending till 25 years
❑ Land Finalized & Financial Closure in process
❑ Revenue Potential of ~ INR 70 Crores in FY27
❑ For our Solar Special Purpose Vehicles (SPVs), we have
successfully acquired land for 10 out of 30 sites
CAPEX REQUIRED INR 640 CRORES
INR 420 Cr. Funded by Debt
INR 100 Cr. Government subsidy to be received post commissioning
INR 120 Cr. Funded by Equity
31D
Richa Varshney
An Accomplished Energy Sector Professional with more than 16 years of experience, including 7 years of International (USA) tenure, in Project Execution, Procurement, Contracts Management, Supply Chain, Logistics Operations & Maintenance, and Project Management.
She held key positions in Green Energy industry
since its inception in India.
Signed MoU with the Government of Maharashtra at World Economic Forum, Davos for setting-up a defence products manufacturing unit in Maharashtra in FY25 32
Enhancing Capabilities & Entry into Defence
Enhancing Capabilities
Integrated Manufacturing Technology and Processes to yield Higher Efficiency
Enhances Higher Production Output through Margin-Accretive Value-Added Products
Centralised Operations with Streamlined Supply Chain Logistics to promote Operational Agility
Lean Manufacturing Principles to reduce Wastage and Optimise Resource Utilisation
Committed to Sustainability, Certifications for Environmental Management and Ethical Manufacturing Practises
Rationale for Foray into Defence
Sets up ‘Tembo Defence Products P. Ltd’ Aligned with the Government’s increasing Focus to Source Quality and
‘Made in India’ Defence Products
Engineering Products Division Manufacturing Prowess led to foray into Defence
Aim to Manufacture and Deliver the Best Quality of Defence Products mirroring the Government’s increasing Self-
Reliance on Defence
Explore Opportunities to Export Defence Products
Skilled Engineering Human Capital
100
0
Engineering Human Capital Count
95
Q1FY26
75
FY25
33
Entering Defence Manufacturing
Col K V S Tanwar, VSM (Retd)
Vision
An decorated Army Officers and seasoned defence business leader with over 25 years of experience
While in service, facilitated the Indian Army to procure
INR 18,000 Crores defence contracts from Indian and
foreign companies
In depth knowledge of capability development trajectory
and procurement processes of Ministry of Defence. Guided Indian and foreign companies in setting up defence businesses
To become a world class Small Arms & Ammunition
Manufacturer - Make in India for India and the WORLD
Mission
Tie up with world class defence manufactures to bring best
defence technology to India
Commence manufacturing Arms and Ammunition in India
leveraging foreign tech and expertise
Absorb the technology, innovate and become world class
defence manufacturers
34
Defence: Business Dynamics and Industry Tailwinds
Technology Tie-up: Salient Features
MoU Signed at Davos
Strategic Partnership with a Leading European Company
Signed MoU for Assisting Establishment of a new state-of- the-art Arms and Ammunition Manufacturing Plant in India
Includes Strategic Buy-back Arrangement wherein European Partner Committing to Purchase 100% of Production Output
Signed MoU with the Government of Maharashtra for setting-up a Defence Products Manufacturing Unit at Davos
Capex Outlay: INR 1,000 Crores
Promotes Make in India for Defence and Defence Products, thereby Maintaining National Security
Small Arms Ammunition: Domestic Opportunity
Small Arms Ammunition: Global Opportunity
Source: Industry Reports
35
Manufacturing Shift for Creating Value
Shift towards Margin Accretive Business
Market Size
Segment Wise Revenue Mix (%) – Q1 FY26
Segment Wise Revenue Mix (%) – FY27
Pipe hangers & support system
USD 20 Billion
Engineering Products, 39%
Geared for Growth
Textiles, 61%
Engineering Products
Textiles
Power, 10%
Engineering Products, 60%
Defence, 20%
Textiles, 10%
Engineering Products
Textiles
Defence
Power
Order Book & Order Bidding Pipeline (incl. L1)
Order Book as on 30 June 2025(%) – INR 1,350 Crores
Q1 FY26 Orders Bidding Pipeline (incl. L1) (%) – INR 7,000 Crores
Textiles, 10%
EPC, 50%
Engineering Products, 40%
EPC Projects, 60%
Engineering Products, 40%
ERW Pipes
Fasteners
USD 25 Billion
USD 100 Billion
Fuel Farm System Installation
USD 10 Billion
HVAC installation
USD 200 Billion
Electrical package installation
USD 150 Billion
Pipeline installation, testing & commissioning
USD 150 Billion
Solar Energy
36 USD 70 Billion
Textiles
Engineering Products
EPC
Engineering Products
FY26 Revenue Guidance: INR 1,100 Crores
Safe Harbour
This presentation and the accompanying slides (the “Presentation”), which have been prepared by Tembo Global Industries Ltd (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.
This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded.
Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections.
37
Thank You
Company Secretary E: cs@tembo.in
IR Consultants Contact Vikash Verma E: vikash.verma1@in.ey.com
Hiral Keniya E: hiral.Keniya@in.ey.com
Yashvi Jain E: yashvi.jain1@in.ey.com
CORPORATE OFFICE Plot No- PAP D- 146/ 147, TTC MIDC, Turbhe, Navi Mumbai-400705, India. T: +91 22 27620641
38
Q1FY26 Earnings Call ------------------------------------------- TEMBO GLOBAL INDUSTRIES LIMITED
August 18, 2025, Monday
(The Call has been preponed to 18th August 2025 at 4:00 PM IST from 20th August 2025 at 11:30 AM )
You are cordially invited to join Tembo Global Industries Limited
Q1FY26 Earnings Conference Call
August 18, 2025
4:00 PM (IST)
Dial in Details:
For Tembo Global Earnings Call
Universal Dial In
International Toll-Free Numbers
Diamond Pass
+91 22 6280 1341 +91 22 7115 8242
UK – 08081011573 USA – 18667462133
Click here
Management Representatives
Mr. Sanjay Patel, Managing Director Mr. Shabbir Merchant, Non – Executive Director
For more information, please contact:
Company Secretary E: cs@tembo.in
IR Consultants Contact Hiral Keniya/ Yashvi Jain E: hiral.keniya@in.ey.com / yashvi.jain1@in.ey.com