The shares of this metal product manufacturer gained up to 4 percent after the company had bagged an order from the Domestic Organisation for Rs 40.73 crore.
With a market capitalization of Rs 887.13 crore, the shares of Tembo Global Industries Ltd closed at Rs 798.95 per share, decreased around 2 percent as compared to the previous closing price of Rs 767.65 apiece.
Reason for Rise
The shares of the company have seen positive movement after Tembo Global Industries Ltd bagged an order from the Domestic Organisation for Supply of DI Pipes. The aggregate order value is Rs 40.73 crore.
Order Book
Tembo Global Industries Limited has a strong order book of Rs. 1,200+ Crores and Its products include fire-fighting, MEP, HVAC, oil and gas, drainage, anti-vibration solutions, fastener solutions, anchoring solutions, and many others.
Recent orders
Recently, 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 Rs. 52.90 Crores, and it is to be executed within 12 months.
Moreover, this development further strengthens the company’s position in sectors such as oil and gas, chemicals, construction, power, shipbuilding, nuclear power, HVAC, and anti-vibration systems, as well as industrial, commercial, utility, and OEM installations.
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Financial performance
Looking forward to the company’s financial performance, revenue magnified by 50 percent from Rs 109 crore in Q2FY24 to Rs 164 crore in Q2Y25. During the same period, net profit stretched drastically by 180 percent, from Rs 5 crore to Rs 14 crore.
Ratio analysis
The company’s critical ratios show that the return on equity magnified from 14.52 percent in FY22-23 to 21.48 percent in FY23-24, while the return on capital employed increased from 23.01 percent to 31.25 percent. The net profit margin (NPM) for fiscal year 23-24 is 3.20 Percent.
Company profile
Tembo Global Industries Limited manufactures and fabricates metal components used in pipe support systems, fasteners, anchors, heating, ventilation, air conditioning (HVAC), anti-vibration systems, and equipment for industrial, commercial, utility, and OEM applications.
Written by:- Abhishek Singh
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