Tembo Global Industries reported a consolidated net profit of ₹982.32 crore for the financial year ended March 31, 2026, marking a 79.7% increase from ₹546.70 crore in the previous year. Revenue from operations for the period grew 46.6% to ₹1,09,018.62 crore from ₹74,324.98 crore in FY25. The company’s board approved the audited standalone and consolidated financial results at a meeting held on May 25, 2026.

Operational Performance

The growth in revenue was primarily driven by the Manufacturing and Trading of Engineering Products segment, which reported a revenue of ₹65,150.81 crore for the year, up from ₹33,618.76 crore in the prior year. The Trading of Fabrics and Textile Materials segment contributed ₹43,867.81 crore to the total revenue. On a standalone basis, the company recorded a net profit of ₹782.92 crore for FY26, compared to ₹407.46 crore in the previous year, with revenue from operations reaching ₹1,02,790.94 crore.

Financial Highlights

The company’s total comprehensive income for the consolidated entity stood at ₹982.32 crore for the year ended March 31, 2026. Earnings per share (EPS) on a consolidated basis improved to ₹55.11 (basic) from ₹32.77 in the previous year. The finance costs for the year amounted to ₹250.14 crore, while depreciation and amortisation expenses were recorded at ₹66.14 crore.

Consolidated Financial Results (FY26)

Strategic Developments and Disclosures

During the year, the company commenced operations at its new manufacturing facility in Vasai, which has an installed production capacity of 1 lakh metric tonnes. Consequently, capital work-in-progress related to the facility was capitalised, leading to a significant increase in fixed assets. The funds raised during the quarter were utilised to strengthen working capital and for investments in subsidiaries undertaking Defence and Solar projects.

The auditors, Karta and Company, issued an unmodified opinion on the financial results. However, they drew attention to certain export trade receivables outstanding beyond the prescribed period under FEMA/RBI regulations, for which the company has recognised an expected credit loss (ECL) provision of ₹1.02 crore. Additionally, the company recognised revenue for certain project milestones where certification by concerned parties is pending.

Tembo Global Industries has scheduled an Extraordinary General Meeting (EGM) on July 10, 2026, to seek shareholder approval for the sub-division of its equity shares. The board proposes to split each existing share with a face value of ₹10 into 10 equity shares of ₹1 each to enhance liquidity and broaden retail participation. The record date to determine shareholder eligibility is July 3, 2026. The notice was dispatched to members on June 18, 2026, and newspaper advertisements were published in "Business Standard" and "Mumbai Lakshadeep" on June 19, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

EGM and Voting Details

The EGM will be held via Video Conferencing (VC) or Other Audio-Visual Means (OAVM) at 12:30 P.M. IST. Remote e-voting, facilitated by Bigshare Services Private Limited, will commence on July 7, 2026, at 09:00 A.M. and conclude on July 9, 2026, at 05:00 P.M. Shareholders holding shares as on the record date are eligible to vote. Members attending the meeting through VC/OAVM shall be counted for the purpose of reckoning the quorum under Section 103 of the Companies Act, 2013. Those who cast votes via remote e-voting prior to the EGM and attend the meeting shall not be entitled to vote again at the EGM.

Stock Split Resolution

The resolution seeks approval to sub-divide the company's authorised share capital of ₹30 crore, divided into 3 crore equity shares of ₹10 each, into 30 crore equity shares of ₹1 each. The issued, subscribed, and paid-up capital of ₹18.54 crore will also be adjusted proportionately. The split is subject to the approval of the statutory and regulatory authorities.

Adjustments to Securities

The board will make necessary adjustments to outstanding warrants and stock options under the 'Tembo Global Industries - Employee Stock Options Scheme 2025' to ensure the aggregate rights and monetary consideration of holders remain unchanged. These adjustments are consequential to the split and do not require further shareholder approval. Mrs. Amita Karia, Practicing Company Secretary, has been appointed as the Scrutinizer for the voting process.