Tembo FY26 ends with scale, execution, and a wider playbook

Consolidated revenue for FY26 was INR 1,090.2 crores, up 46.7 percent year on year from INR 743.2 crores.

FY26 EBITDA was INR 142.5 crores (13.1 percent margin) and FY26 PAT was INR 98.2 crores (9.0 percent margin).

The presentation reports an order book of about INR 1,548 crores and an order bidding pipeline (including L1) of INR 2,256 crores.

FY26 segment-wise revenue mix is stated as Engineering Products 60 percent and Textiles 40 percent. Textiles revenue is also stated at INR 439 crores in FY26.

The company has a 120 MW PPA with Maharashtra government, with sites expected fully operational by end of Q2 FY27 and commercial operations from Q3 FY27. Total capex required is INR 640 crores, with INR 420 crores debt, INR 120 crores equity, and INR 100 crores subsidy post commissioning.

The presentation states its subsidiary secured a defence manufacturing licence from the Government of Maharashtra to establish a small arms facility and a Government of India licence for ammunition manufacturing, and mentions land allocation and an arms licence issuance.

Management stated an FY27 revenue guidance of approximately INR 1,600 crores, driven primarily by the engineering business. Engineering Solutions guidance indicates FY27 revenue of INR 1,200 crores.