The shares of this metal product manufacturer gained up to 5 percent after the company’s net profit and revenue magnified by 100 percent and 18 percent YoY, respectively in Q3FY25.
Price Movement
With a market capitalization of Rs 699.31 crore, the shares of Tembo Global Industries Ltd were trading at Rs 629.80 per share, increasing around 2 percent as compared to the previous closing price of Rs 699.65 apiece.
Reason for Rise
The shares of Tembo Global Industries have seen positive movement after reporting positive results in Q3FY25, revenue decreased by 19 percent on a quarter-on-quarter basis from Rs. 163.85 crore in Q2FY25 to Rs. 132.23 crore in Q3FY25. Further, revenue zoomed by 18 percent year on year, from Rs 112.58 crore in Q3FY24 to Rs. 132.23 crore in Q3FY25.
The company’s net profit decreased by 44 percent on a quarter-on-quarter basis, from Rs. 14.04 crore in Q2FY25 to Rs. 7.87 crore in Q3FY25. Further, net profit magnified significantly by 100 percent year on year from Rs 4.30 crore in Q3FY24 to Rs. 7.87 crore in Q3FY25.
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Order Boo
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.
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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