Tembo Global Industries Ltd. – Company Report
1. Company Overview
Tembo Global Industries Ltd., headquartered in Mumbai, Maharashtra, is a diversified engineering solutions company engaged in manufacturing, fabrication, and installation of products for infrastructure, water supply, fire-fighting, HVAC, industrial, defense, and power transmission sectors. The company provides a wide range of piping systems, structural steel products, and support systems. It operates under various verticals including construction engineering, industrial manufacturing, and, more recently, defense and renewable energy.
Founded with a commitment to indigenous manufacturing, Tembo is publicly listed on the NSE (Ticker: TEMBO) and has grown rapidly by entering high-impact sectors aligned with national infrastructure priorities. The company continues to expand its footprint in India and global markets through strategic partnerships, manufacturing excellence, and end-to-end project execution capability.
Key Highlights:
- Headquarters: Mumbai, Maharashtra
- Listed: NSE (TEMBO)
- Verticals: Engineering products, infrastructure, defense, renewable energy
- Core Markets: India, export clients in Middle East, Africa, and Southeast Asia
- Certifications: ISO 9001:2015 and numerous industrial compliance standards
- Promoter Group: Tembo Engineering Group
2. Products and Services
Tembo Global Industries Ltd. serves a wide array of sectors through specialized product categories designed to meet complex industrial and infrastructure needs.
Core Offerings:
- Pipe support systems, anchor bolts, structural steel fabrication
- Fire-fighting systems, HVAC components, water supply infrastructure fittings
- Pre-fabricated building structures and solar mounting systems
- Electrical sub-station supporting structures and earthworks
New Strategic Verticals:
- Renewable Energy (Solar): The company is entering the solar power sector with end-to-end EPC capabilities for solar photovoltaic systems and infrastructure support services.
Manufacturing Capabilities:
- Multiple manufacturing units and fabrication yards across India
- CNC-based precision fabrication, powder coating, galvanizing, and modular assembly lines
- In-house engineering design support and testing facilities
3. Recent News and Financial Performance
January 2024: Tembo Global Industries has recently secured a significant Engineering, Procurement, and Construction (EPC) contract valued at ₹9.22 crore. This contract, to be completed within 6 months, is with Hindustan Rajasthan Refinery Limited (HRRL), situated in Pachpadra, Rajasthan.
June 2024: the company has procured a land parcel of 3.32 acres in Vasai for the expansion of its manufacturing facility, aiming to increase capacity by 4-5 times compared to the existing capacity.
June 2024: As part of its defense expansion, Tembo Defence announced it has received a comfort letter from MIDC for the allocation of 100 acres of land in Amravati. This land will house a cutting-edge manufacturing facility for defense equipment, particularly small arms and ammunition.
June 2024: Tembo Global Industries, a distinguished leader in metal product manufacturing and fabrication, proudly announces the acquisition of a significant contract through its Joint venture - PES JV, for an offshore jetty construction engineering project valued at ₹Rs.98.50 crores in the Maldives.
May 2024: Tembo Global Industries, a manufacturer and fabricator of metal products for industrial, commercial, utility, and OEM installations, has gained new orders totaling ₹241 crores from the infra sector.
October 2024: The company has inked a 25-year Power Purchase Agreement (PPA) with Maharashtra State Electricity Distribution Co. Ltd. under the Mukhyamantri Saur Krushi Vahini Yojana 2.0, supporting feeder-level solarization under the PM-KUSUM scheme. The total project capacity is 124 MW (AC), valued at ₹595 crore. Execution is expected to begin post-finalization and be completed within 18 months.
December 2024: Tembo Global Industries Ltd has been declared the L1 bidder for subcontracting work at one of the largest water treatment plant projects in North India.
December 2024: Tembo Global Industries Limited, a prominent player in engineering mechanics, design, and project execution, has announced a significant domestic order worth ₹43.89 Crores. This order involves the supply of Ductile Iron (DI) pipes for a major water irrigation project.
January 2025: the company received a new work order from a domestic client for the supply of DI Pipes for a water irrigation project for a consideration of ₹52.90 Crores, and it is to be executed within 12 months.
January 2025: Tembo Global Industries Ltd bagged an order from the Domestic Organisation for Supply of DI Pipes. The aggregate order value is ₹40.73 crore.
January 2025: Through Tembo Defence, a wholly owned subsidiary, the company is venturing into small arms and ammunition. A ₹1,000 crore investment plan is underway in collaboration with a European technology partner for setting up a defense manufacturing unit in Maharashtra.
April 2025: The company has been awarded two orders, one worth ₹18.55 crores, and the second order is valued at ₹33.26 crores by a reputed domestic organisation and is to be executed over 12 months. The orders pertain specifically to the supply of high-grade DI pipes, to be used in large-scale water irrigation projects.
August 2025: bagged an EPC contract worth USD 12.44 million for Aviation Turbine Fuel storage tanks at Bandaranaike International Airport, Sri Lanka.
August 2025: Tembo Global Industries has successfully raised ₹3.16 billion through a mix of preferential equity shares and share warrants. The fundraise saw strong participation from investors, including company promoters and strategic investor Mohammed Abdul Nayeem, Founder & Chairman of Masah Construction Co.
September 2025: Tembo Global Industries Limited has initiated the process of setting up a Regional Headquarters in Riyadh, Saudi Arabia, as part of its long-term strategy to expand global presence.
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Net Sales | ₹747 crore |
| Net Profit | ₹51 crore |
| Operating Profit Margin | 12% |
| EPS | ₹34.24 |
| ROE | 37% |
| Dividend Payout % | 3% |