1. At a Glance
Tembo Global Industries Ltd is that microcap gym bro who just deadlifted ₹743 Cr in FY25 revenue and quietly walked off. With an 84% CAGR in profits over 5 years and a 36.7% ROE, this metal-fabrication marvel has gone from backbencher to class-topper. And now? It has a ₹1,350 Cr order book and one foot each in the solar and defence playgrounds. Lift heavy. Scale fast. Repeat.
2. Introduction – From Pipe Fittings to Flexing Muscles in Defence
Some companies build bolts and brackets. Tembo builds the backbone—literally. From being a small-time metal bender in 2010, the company has now become a rising player in engineered supports, anchors, vibration-control gear, and ductile pipe installations.
Its latest move? Diversifying into the solar EPC and defence supplies segment—just to spice things up. The Q1FY26 press release reads like a hype poster: new plant, record order book, and “massive growth visibility” (their words, not ours).
But don’t let the 12x P/E fool you—this is not a sleepy metal company. It’s a ROCE-churning, capex-stretching, profit-compounding beast that’s just getting started.
3. Business Model – WTF Do They Even Do?
Tembo Global Industries manufactures metal products for industrial and commercial use cases. Their main lines of business include:
- Pipe support systems for infrastructure
- Fasteners, clamps, and anchors (think: giant nuts & bolts with an attitude)
- HVAC brackets and anti-vibration solutions
- Fabrication and installation of ductile and HDB pipes
- MS plates and steel structures
- Solar EPC projects and components (new vertical)
- Defence-grade support systems (emerging vertical)
Their client list? A mix of OEMs, infra developers, industrial EPC contractors, and utilities. It’s a B2B playground where quality certification (UL/FM) is the passport—and Tembo’s got it stamped.
4. Financials Overview – ROE So High, Even Banks Are Jealous
FY25 Revenue (TTM): ₹850 Cr
FY25 PAT (TTM): ₹65 Cr
EPS (TTM): ₹50.45
Stock P/E: 12x
Book Value: ₹142
ROE: 36.7%
ROCE: 31.4%
OPM (FY25): 12%
YoY Revenue Growth: 93%
YoY PAT
