Tembo Global Industries Ltd. · NSE:TEMBO
Tembo Global Industries — Q3 FY25 Earnings Presentation
38 slides from Tembo Global Industries's earnings presentation, February 2025
Slide 1: Tembo Global Industries Ltd Investor Presentation
Tembo Global Industries Ltd Investor Presentation | February 2025 Geared for Value Creation Engineering Solutions & EPC Defence Solutions Solar Power Textiles 1
Slide 2: Table of Content
Business & Financial Highlights 3 About Tembo Global Industries Table of Limited 15 Content Business Proposition 20 Business Segments 22 The Way Forward 30 2 2
Slide 3: Business & Financial Highlights
Business & Financial Highlights 3
Slide 4: Signed MoU with the Government of Maharashtra at Davos
Signed MoU with the Government of Maharashtra at World Economic Forum, Davos for setting-up a defence products manufacturing unit in Maharashtra 4
Slide 5: Business Updates
Business Updates Defence • Signed MoU with the Government of Maharashtra at World Economic Forum, Davos for setting-up a defence products manufacturing unit in Maharashtra • Involves a substantial investment worth of INR 1,000 crores in the next 3 years • Technology tie-up already in place Solar Pow
Slide 6: Management Commentary – Q3 FY25
Management Commentary – Q3 FY25 “We delivered a remarkable revenue growth of 42.6% YoY, reaching INR 164.5 Crores in Q3FY25. This notable growth was largely fueled by our Engineering Products division, which grew by 190.9 % YoY as compared to the same quarter last year. We are pleased to announce a
Slide 7: Financial Snapshot – Q3 FY25
Financial Snapshot – Q3 FY25 OPERATING REVENUE (in INR Crores) EBITDA (in INR Crores) and EBITDA margin (%) 30 16.6% 20.0% 25 42.6% YoY 15.0% 20 431.1% YoY 15 10.0% 10 4.5% 5.0% 115.4 164.5 5 5.1 27.3 0 0.0% Q3FY24 Q3FY25 Q3FY24 Q3FY25 PROFIT BEFORE TAX (in INR Crores) PAT (in INR Crores) and PAT ma
Slide 8: Financial Snapshot – 9M FY25
Financial Snapshot – 9M FY25 OPERATING REVENUE (in INR Crores) EBITDA (in INR Crores) and EBITDA margin (%) 60 11.0% 12.0% 50 10.0% 40 5.7% 8.0% 30 6.0% 20 4.0% 47.1% YoY 185.7% YoY 310.4 456.8 10 17.6 50.3 2.0% 0 0.0% 9MFY24 9MFY25 9MFY24 9MFY25 PROFIT BEFORE TAX (in INR Crores) PAT (in INR Crores)
Slide 9: Revenue Break-up: 9M FY25
Revenue Break-up: 9M FY25 Segment Wise Revenue Mix (%) Geographical Mix Exports, 20% Textiles, 49% Engineering Products, 51% Domestic, 80% Engineering Products Textiles Domestic Exports 9
Slide 10: Consolidated Income Statement – Q3 & 9M FY25
Consolidated Income Statement – Q3 & 9M FY25 Particulars (in INR Crores) Q3 FY25 Q3 FY24 YoY Q2 FY25 QoQ 9M FY25 9M FY24 YoY FY 24 Revenue 164.5 115.4 42.6% 163.8 0.4% 456.8 310.4 47.1% 432.1 Cost of Goods Sold 98.6 99.4 (0.8%) 131.9 (25.3%) 337.1 264.2 27.6% 378.2 Gross Profit 65.9 16.0 312.8% 32.0
Slide 11: Historical Key Performance Metrics
Historical Key Performance Metrics Revenue EBITDA & EBITDA Margin (%) 20.0 7.2% 8.0% 4.4% 7.0% 5.4% 15.0 4.7% 6.0% 5.0% 10.0 7.5 8.2 4.0% 3.0% 5.0 2.0% 104.5 175.9 249.8 432.1 13.4 19.0 1.0% 0.0 0.0% FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 PAT & PAT Margin (%) Cash PAT (PAT + Depreciation) 40 3.3% 4
Slide 12: Historical Key Performance Metrics
Historical Key Performance Metrics Debt to Equity (%) Working Capital (in Days) 1.55 1.62 1.03 0.75 122 84 71 33 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 ROE % (Return on Equity) ROCE % (Return on Capital Employed) 21.5% 31.3% 14.5% 24.1% 12.8% 10.0% 14.3% 15.8% FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY2
Slide 13: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (in INR crores) FY 21 FY 22 FY 23 FY 24 9M FY25 Revenue 104.5 175.9 249.8 432.1 456.8 Cost of Goods Sold 74.1 137.7 206.5 378.2 337.1 Gross Profit 30.4 38.2 43.3 53.9 119.7 Gross Profit Margin 29.0% 21.7% 17.3% 12.5% 26.2% Employee Expenses 3.0 4.
Slide 14: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet As on As on As on As on As on Particulars (in INR crores) 31st March 2021 31st March 2022 31st March 2023 31st March 2024 30th Sep. 2024 ASSETS Non - Current Assets 23 26 33 41 82 Current Assets 58 66 77 122 284 Total Assets 81 92 110 163 366 EQUITY & LIABILITIE
Slide 15: About Tembo Global Industries Limited
About Tembo Global Industries Limited 15
Slide 16: Tembo Global Industries Limited – At a Glance
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, Infrastru
Slide 17: Ready to Yield the Benefits of Diversification
Ready to Yield the Benefits of Diversification Key Business Verticals Engineering Solutions Textiles Defence Power Key Financials EPC Project Delivery and Processing of Fibres & Segment Highlights Manufacturing Structural Array of Products Solar Power CAGR Growth (%) Yarn Support Systems (FY20-FY24)
Slide 18: Journey from Trading to a Leading Engineering Solutions Player
Journey from Trading to a Leading Engineering Solutions Player Saketh Exim Production increased by Commenced electroplating Incorporates two divisions 2010 70% for Pipe Hangers & 2016 2017 Plant & Mfg. of Threaded Bar. ‘Tembo Global Infra Ltd.’ 2024 Pvt. Ltd. was established. 200% for Threaded Bars.
Slide 19: Backed by Strong Leadership Team ~40 Years of Experience
Backed by Strong Leadership Team ~40 Years of Experience Sanjay J Patel Shabbir Merchant Managing Director Director Founded Tembo Group in 2010 Co-founded Tembo Group in With a dynamic leadership style, he 2010, demonstrating exceptional has guided Tembo Group with a leadership qualities. visi
Slide 20: Business Proposition
Pr TEMBO Business Proposition
Slide 21: Creating Value through Engineering Know-how
Creating Value through Engineering Know-how Capacity Expansion and Foray Diversified Business with Strong into High Margin Business Order Book Capacity Expansion: The Company’s current capacity is pegged at 15,000 tons per annum. The Engineering Products: Manufacturing & Fabricating ongoing gree
Slide 22: Business Segments
Pr TEMBO Business Segments
Slide 23: Engineering Solutions: Core Focus Area
Engineering Solutions: Core Focus Area Product Portfolio Competitive Edge Heavy Duty Clamps Fabrication Engage into margin accretive and long-term revenue stability projects Offers comprehensive & integrated solutions Enhances competitive advantage & attracts broader customer base Facilities a
Slide 24: Engineering Solutions: Driving Revenue Visibility
Engineering Solutions: Driving Revenue Visibility Revenue Mix: 9MFY25 Water & Marine Infrastructure, INR 135 Crores Order Book: INR 1,285 Crores Ventured into EPC as a Land Infrastructure, Forward Integration to INR 1,150 Crores Engineering Products Exports, 38% Domestic, Order Bidding Pipeline 62%
Slide 25: Engineering Solutions: Key Ongoing Projects
Engineering Solutions: Key Ongoing Projects New Water Bottling Refinery Hotel Marine Jetty Pipe Supply Refinery Fuel Farm Injection Terminal Expansion Construction Support Civil & RCC Work, MEP & Fire Fighting Construction of Laying Pipe Applying VGO and Construction of MEP & HVAC Infrastructure for
Slide 26: EPC Projects Nearing Completion
EPC Projects Nearing Completion Fuel Farm Marine Jetty Completion Status: 85% Completion Status: 80% Propels the Company to Bid and Win New Projects 26
Slide 27: Senior EPC Team
Senior EPC Team Suhas Deshpande Shantanu Ghosh Senior Project Director Project Director Ports & Jetty Fuel Farm / Water Rich experience in Ports and Harbours and Breakwater and Diversified experience in EPC, Fuel Farm Works and other Infra Reclamation Works Projects Projects Executed numerous
Slide 28: Serves Marque Domestic & International Clients
Serves Marque Domestic & International Clients 28
Slide 29: Textiles: Catering through Strong Sourcing Capabilities
Textiles: Catering through Strong Sourcing Capabilities Textiles Business Exports, 1% Processing and Supply of Fibres and Yarn Initiated Exports of Yarn in FY24 Clientele: Importers, Chain Stores, Retailers, Brands, and other Private labelling clients Domestic, 99% Current Order Book The Ord
Slide 30: The Way Forward
The Way Forward Being the Preferred Supplier of Choice for Diverse Engineering and Specialised Products 30
Slide 31: Expanding Manufacturing Capacity by 6x to 1,05,000 MTPA in FY25
Expanding Manufacturing Capacity by 6x to 1,05,000 MTPA in FY25 New Capacity: Commissioning Expected in April 2025 as Planned 1,1 1,1 1,1 1,1 1,1 1,1 1,1 5,000 4,770 4,540 4,310 4,080 3,850 3,620 Capacity Breakup: FY25e New Facility: Vasai 1,1 3,390 1,1 2,930 1,1 3,160 1,1 1,1 1,1 2,700 2,470 2,24
Slide 32: Foray into Solar Power
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 CAPEX REQUIRED Richa Varshney INR 700 CRORES An Acc
Slide 33: Enhancing Capabilities & Entry into Defence
Enhancing Capabilities & Entry into Defence Integrated Manufacturing Technology and Processes to yield Higher Efficiency Enhances Higher Production Output through Margin-Accretive Value-Added Products Enhancing Capabilities Centralised Operations with Streamlined Supply Chain Logistics to prom
Slide 34: Entering Defence Manufacturing
Entering Defence Manufacturing Col K V S Tanwar, VSM (Retd) Vision To become a world class Small Arms & Ammunition An decorated Army Officers and seasoned defence Manufacturer - Make in India for India and the business leader with over 25 years of experience WORLD While in service, facilitated
Slide 35: Defence: Business Dynamics and Industry Tailwinds
Defence: Business Dynamics and Industry Tailwinds Technology Tie-up: Salient Features MoU Signed at Davos Signed MoU with the Government of Strategic Partnership with a Leading European Company Maharashtra for setting-up a Defence Signed MoU for Assisting Establishment of a new state-of- Produ
Slide 36: Manufacturing Shift for Creating Value
Manufacturing Shift for Creating Value Shift towards Margin Accretive Business Market Size Segment Wise Revenue Mix (%) – 9MFY25 Segment Wise Revenue Mix (%) – FY27 Pipe hangers & support system USD 20 Billion Power, 10% Engineering Defence, Engineering Textiles, Products, Geared for Growth 20% Prod
Slide 37: Safe Harbour
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
Slide 38: Thank You
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
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