Reported Earnings • May 27
Full year 2026 earnings released: EPS: ₹51.11 (vs ₹32.77 in FY 2025) Full year 2026 results: EPS: ₹51.11 (up from ₹32.77 in FY 2025). Revenue: ₹11.0b (up 49% from FY 2025). Net income: ₹913.3m (up 79% from FY 2025). Profit margin: 8.3% (up from 6.9% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Announcement • May 20
Tembo Global Industries Limited to Report Q4, 2026 Results on May 25, 2026 Tembo Global Industries Limited announced that they will report Q4, 2026 results on May 25, 2026 Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹570, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 202% over the past three years. Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: ₹16.35 (vs ₹14.69 in 3Q 2025) Third quarter 2026 results: EPS: ₹16.35 (up from ₹14.69 in 3Q 2025). Revenue: ₹2.51b (up 53% from 3Q 2025). Net income: ₹253.2m (up 55% from 3Q 2025). Profit margin: 10% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth. Announcement • Jan 20
Tembo Global Industries Limited to Report Q3, 2026 Results on Feb 05, 2026 Tembo Global Industries Limited announced that they will report Q3, 2026 results on Feb 05, 2026 Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹641, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 391% over the past three years. Announcement • Dec 09
Tembo Global Industries Limited, Annual General Meeting, Dec 30, 2025 Tembo Global Industries Limited, Annual General Meeting, Dec 30, 2025, at 13:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹765, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 611% over the past three years. New Risk • Nov 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (₹7.73b market cap, or US$87.1m). Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹634, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 567% over the past three years. Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹655, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 509% over the past three years. Announcement • Aug 22
Tembo Global Industries Limited announced that it has received INR 3.167 billion in funding Tembo Global Industries Limited announced a private placement of Common shares for proceeds of INR 1,987,000,000 and convertible share warrants for proceeds of INR 1,180,000,000 on August 21, 2025. The total aggregate gross proceeds raised are INR 3,167,000,000.The transaction includes participation from company’s promoters and strategic investor Mohammed Abdul Nayeem. Reported Earnings • Aug 15
First quarter 2026 earnings released First quarter 2026 results: Revenue: ₹2.51b (up 95% from 1Q 2025). Net income: ₹190.2m (up 251% from 1Q 2025). Profit margin: 7.6% (up from 4.2% in 1Q 2025). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹575, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 371% over the past three years. New Risk • Aug 11
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (114% accrual ratio). Minor Risk Market cap is less than US$100m (₹5.30b market cap, or US$60.5m). Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹560, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 350% over the past three years. Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹31.13 (vs ₹12.39 in FY 2024) Full year 2025 results: EPS: ₹31.13 (up from ₹12.39 in FY 2024). Revenue: ₹7.43b (up 72% from FY 2024). Net income: ₹510.0m (up 268% from FY 2024). Profit margin: 6.9% (up from 3.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹486, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 234% over the past three years. Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹575, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 214% over the past three years. Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: ₹14.69 (vs ₹4.01 in 3Q 2024) Third quarter 2025 results: EPS: ₹14.69 (up from ₹4.01 in 3Q 2024). Revenue: ₹1.69b (up 46% from 3Q 2024). Net income: ₹163.1m (up 267% from 3Q 2024). Profit margin: 9.7% (up from 3.9% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. New Risk • Jan 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (90% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (₹8.06b market cap, or US$93.2m). Announcement • Jan 01
Tembo Global Industries Limited Announces Resignation of Jyoti Rawat as Company Secretary Tembo Global Industries Limited announced Ms. Jyoti Rawat, Company Secretary and Compliance Officer (Key Managerial Personnel) vide her letter dated December 31, 2024 has tendered her resignation from the position of Company
Secretary and Compliance Officer (Key Managerial Personnel) with effect from closure of business hours as on January 01, 2025 owing to pre-occupancy. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹859, the stock trades at a trailing P/E ratio of 35.7x. Average trailing P/E is 26x in the Metals and Mining industry in India. Total returns to shareholders of 239% over the past three years. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹573, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 26x in the Metals and Mining industry in India. Total returns to shareholders of 116% over the past three years. Reported Earnings • Oct 29
Second quarter 2025 earnings released: EPS: ₹13.13 (vs ₹4.70 in 2Q 2024) Second quarter 2025 results: EPS: ₹13.13 (up from ₹4.70 in 2Q 2024). Revenue: ₹1.64b (up 44% from 2Q 2024). Net income: ₹145.8m (up 180% from 2Q 2024). Profit margin: 8.9% (up from 4.6% in 2Q 2024). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹507, the stock trades at a trailing P/E ratio of 31.7x. Average trailing P/E is 28x in the Metals and Mining industry in India. Total returns to shareholders of 73% over the past three years. Upcoming Dividend • Sep 16
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 23 September 2024. Payment date: 29 October 2024. Payout ratio is a comfortable 7.9% but the company is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.0%). Lower than average of industry peers (1.5%). New Risk • Sep 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (₹4.30b market cap, or US$51.3m). Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improves as stock rises 35% After last week's 35% share price gain to ₹388, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 27x in the Metals and Mining industry in India. Total returns to shareholders of 69% over the past three years. Announcement • Sep 02
Tembo Global Industries Limited, Annual General Meeting, Sep 30, 2024 Tembo Global Industries Limited, Annual General Meeting, Sep 30, 2024. Location: hotel-yogi midtown, plot no. dx 12, thane- belapur road d zone bonsari, village, ttc industrial area,turbhe, maharashtra- 400705., navi mumbai India Announcement • Aug 30
Tembo Global Industries Limited Announces Board Changes Tembo Global Industries Limited announced that at the board meeting held on August 29, 2024, approved appointment of Mr. Firdose Vandervala as an Additional Director in the capacity of Non-Executive and Non-Independent Director of the Company with effect from August 29, 2024 till the upcoming Annual General Meeting. Approve and recommend to the shareholder of Change in designation of Shalin Sanjay Patel from Executive Director to Non Executive Director. Mr. Firdose Vandrevala aged 73 years is Graduate Electrical Engineer with management background and experience in Tata Steel, Tata Power, Telecom Services, Telecom Technology, Real Estate, Management Consultancy and Education having rich & varied leadership experience in Organisation Building/Business Development /Brand Management /Sales & Marketing at various levels in some of the most well-known MNC's. He started his career in 1972 as graduate trainee with TATA STEEL. In 2001, with his exceptional performance and hands-on Management Style with ability to take balanced view of strategic and operational issues, he became Deputy Managing Director of TATA STEEL and then he joined TATA TELESERVICES as Chairman. In 2002-2005 with TATA POWER as Managing Director where he launched many campaign on cost reduction and won Wartsilla Mantosh Sondhi award for excellence and value-based leadership. He has also served Motorola, Hicro Developments Pvt Ltd, Essar Steel India limited etc. Mr. Vandrevala has worked with Companies both in private and public sectors as these companies. He has also served some renowned institute as Board Member, Indian Institure Of Management (Lucknow), Indian Institute Of Management (Raipur). He also served on committees set up by SEBI/Government of India - Ministry of Finance to examine ADR/GDRs as well as Bonds regulations. He is currently serving on the board of companies including Maneckji Cooper Education Trust, The Firm, Premium Transmission PVT Ltd, Saf Yeast PVT Ltd, English India Clay Ltd, Greaves Cotton Ltd,. Mr. Shalin Sanjay Patel is the Executive Director of the Company, appointed on 31-JUL-2020. He holds a degree in Master of Computer Science from University at Albany, New York, USA and Bachelor of Engineering in Computer Science from Mumbai University. His role involves capitalizing on opportunities, managing multiple tasks, developing linkages with community leaders and social organizations, overseeing financial operations, and regularly updating the Board of Directors on company status. Additionally, Mr. Shalin Sanjay Patel represent the company at public events, maintain financial reports, generate new opportunities through relationships, foster staff growth and development, promote an inclusive culture, review operating reports with departmental managers, and ensure the welfare and interests of company staff. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹246, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 25x in the Metals and Mining industry in India. Total returns to shareholders of 8.9% over the past three years. Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: ₹4.85 (vs ₹1.70 in 1Q 2024) First quarter 2025 results: EPS: ₹4.85 (up from ₹1.70 in 1Q 2024). Revenue: ₹1.30b (up 60% from 1Q 2024). Net income: ₹54.2m (up 187% from 1Q 2024). Profit margin: 4.2% (up from 2.3% in 1Q 2024). The increase in margin was driven by higher revenue. Announcement • Jul 24
Tembo Global Industries Limited Announces Resignation of Firdose Vandrevala as an Additional Non-Executive Director Tembo Global Industries Limited announced that Mr. Firdose Vandrevala, (DIN: 00956609) shall be resigning as an Additional Non-executive Director of the company effective 23 July, 2024. New Risk • Jun 04
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (9.6% average weekly change). High level of non-cash earnings (30% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹2.46b market cap, or US$29.5m). Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹12.70 (vs ₹5.22 in FY 2023) Full year 2024 results: EPS: ₹12.70 (up from ₹5.22 in FY 2023). Revenue: ₹4.40b (up 76% from FY 2023). Net income: ₹142.1m (up 145% from FY 2023). Profit margin: 3.2% (up from 2.3% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Jun 02
Tembo Global Industries Limited to Report Q4, 2024 Results on May 30, 2024 Tembo Global Industries Limited announced that they will report Q4, 2024 results on May 30, 2024 Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ₹203, the stock trades at a trailing P/E ratio of 30.1x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 56% over the past three years. Announcement • Apr 12
Tembo Global Industries Limited Announces the Resignation of Kaushik Waghela as Executive Director Tembo Global Industries Limited announced that Mr. Kaushik Waghela shall be resigning as Executive Director of the company with effect from 11 April 2024. New Risk • Jan 31
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 2022. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2022 fiscal period end). Debt is not well covered by operating cash flow (9.3% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹3.20b market cap, or US$38.5m). Board Change • Dec 09
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Additional Non-Executive Non-Independent Director Shabbir Merchant was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Dec 08
Upcoming dividend of ₹1.50 per share at 0.5% yield Eligible shareholders must have bought the stock before 15 December 2023. Payment date: 21 January 2024. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (6.6%). Announcement • Nov 30
Tembo Global Industries Limited, Annual General Meeting, Dec 22, 2023 Tembo Global Industries Limited, Annual General Meeting, Dec 22, 2023, at 16:00 Indian Standard Time. Location: HOTEL YOGI METROPOLITAN Plot No.4, Sector 24, Opp. Sanpada RLY STN, Sanpada, Mumbai India Agenda: To approve the presented Standalone Audited Financial Statements and Consolidated Audited Financial Statements, Auditors Report and Board of Directors report for the financial year ended on 31st march 2023; to consider re-appointment of Mr. Shalin Sanjay Patel (holding DIN : 08579598), who retires by rotation in terms of Section 152(6) of the companies Act,2013 and being eligible offers himself for re- appointment For details of Director seeking re-appointment at the Annual General meeting please refer Annexure I; to appoint R. A. Kuvadia & Co., Chartered Accountant, bearing ICAI Firm Registration No. 105487W as Statutory Auditor and in this regard; and to consider other matters. New Risk • Aug 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (9.3% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (₹2.49b market cap, or US$30.1m). Announcement • Jun 08
Tembo Global Industries Proposes To Sell Stake In Its Unit Tembo Global LLC (Egypt) To Offshore Co Tembo Global Industries Ltd. (NSEI:TEMBO) proposes to sell stake in its unit Tembo Global LLC (Egypt) to Offshore Co. Valuation Update With 7 Day Price Move • Apr 26
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹228, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 14x in the Metals and Mining industry in India. Total returns to shareholders of 317% over the past three years. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹193, the stock trades at a trailing P/E ratio of 28.5x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 248% over the past three years. Reported Earnings • Feb 01
Third quarter 2023 earnings released Third quarter 2023 results: EPS: ₹1.79. Revenue: ₹565.0m (up 28% from 3Q 2022). Net income: ₹19.9m (up 23% from 3Q 2022). Profit margin: 3.5% (down from 3.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 24% share price gain to ₹131, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 14x in the Metals and Mining industry in India. Total returns to shareholders of 121% over the past three years. Upcoming Dividend • Dec 06
Upcoming dividend of ₹1.20 per share Eligible shareholders must have bought the stock before 13 December 2022. Payment date: 13 December 2022. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (6.0%). Announcement • Nov 27
Tembo Global Industries Limited, Annual General Meeting, Dec 20, 2022 Tembo Global Industries Limited, Annual General Meeting, Dec 20, 2022, at 16:00 Indian Standard Time. Location: HOTEL YOGI METROPOLITAN Plot No.4, Sector 24, Opp. Sanpada RLY STN, Sanpada, Navi Mumbai Maharashtra India Agenda: To approve the presented Standalone Audited Financial Statements and Consolidated Audited Financial Statements, Auditors Report and Board of Directors report for the financial year ended on 31st march 2022; to consider re-appointment of Mr. Shalin Sanjay Patel (holding DIN : 08579598); to appoint R. A. Kuvadia & Co., Chartered Accountant; to appointment of MDSA & Associates (FRN 156810W), Chartered Accountant, Internal Auditor; to re-appoint of CS. Gaurang Manubhai Shah, Practicing Company Secretaries; to consider and approve the dividend recommended by the Board for the Financial Year 2021-22; to consider and adopt IFCR report and Secretarial audit report from auditors; to approve the increase in remuneration of Mr. Shabbir Huseni Merchant Chief Financial; and to consider the other matters. Reported Earnings • Nov 20
Second quarter 2023 earnings released Second quarter 2023 results: EPS: ₹1.55. Revenue: ₹516.3m (up 43% from 2Q 2022). Net income: ₹17.2m (up ₹37.0m from 2Q 2022). Profit margin: 3.3% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment improved over the past week After last week's 17% share price gain to ₹99.80, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 72% over the past three years. Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹118, the stock trades at a trailing P/E ratio of 34.6x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 108% over the past three years. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 16% share price gain to ₹122, the stock trades at a trailing P/E ratio of 35.8x. Average trailing P/E is 14x in the Metals and Mining industry in India. Total returns to shareholders of 131% over the past three years. Reported Earnings • Aug 15
First quarter 2023 earnings released First quarter 2023 results: EPS: ₹0.77. Revenue: ₹545.3m (up 33% from 1Q 2022). Net income: ₹7.74m (up 54% from 1Q 2022). Profit margin: 1.4% (up from 1.2% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹143, the stock trades at a trailing P/E ratio of 45.5x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 179% over the past three years. Board Change • Jul 06
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non Executive Independent Director Jasbir Singh Jaswant Anand was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹111, the stock trades at a trailing P/E ratio of 35.4x. Average trailing P/E is 12x in the Metals and Mining industry in India. Total returns to shareholders of 92% over the past three years. Reported Earnings • May 30
Full year 2022 earnings released: EPS: ₹3.14 (vs ₹3.04 in FY 2021) Full year 2022 results: EPS: ₹3.14 (up from ₹3.04 in FY 2021). Revenue: ₹1.78b (up 69% from FY 2021). Net income: ₹31.5m (up 3.3% from FY 2021). Profit margin: 1.8% (down from 2.9% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.16 (down from ₹1.74 in 3Q 2021). Revenue: ₹440.2m (up 33% from 3Q 2021). Net income: ₹16.2m (down 7.6% from 3Q 2021). Profit margin: 3.7% (down from 5.3% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 87% per year, which means it is well ahead of earnings. Upcoming Dividend • Nov 15
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 22 November 2021. Payment date: 30 December 2021. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (3.2%). Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹0.05 (vs ₹0.23 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹414.7m (up 113% from 1Q 2021). Net income: ₹5.03m (up ₹7.33m from 1Q 2021). Profit margin: 1.2% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 90% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹183, the stock trades at a trailing P/E ratio of 64.1x. Average trailing P/E is 16x in the Metals and Mining industry in India. Reported Earnings • Jun 16
Full year 2021 earnings released: EPS ₹2.85 (vs ₹2.38 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: ₹1.05b (up 34% from FY 2020). Net income: ₹30.5m (up 28% from FY 2020). Profit margin: 2.9% (in line with FY 2020). Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹98.00, the stock trades at a trailing P/E ratio of 71.5x. Average trailing P/E is 16x in the Metals and Mining industry in India. Total returns to shareholders of 63% over the past year. Upcoming Dividend • Dec 16
Upcoming Dividend of ₹1.50 Per Share Will be paid on the 29th of January to those who are registered shareholders by the 22nd of December. The trailing yield of 0.7% is below the top quartile of Indian dividend payers (1.9%), and is lower than industry peers (3.7%). Is New 90 Day High Low • Nov 09
New 90-day high: ₹190 The company is up 13% from its price of ₹168 on 11 August 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 3.0% over the same period. Is New 90 Day High Low • Oct 13
New 90-day high: ₹180 The company is up 50% from its price of ₹120 on 15 July 2020. The Indian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 10.0% over the same period. Announcement • Sep 19
Tembo Global Industries Limited to Report Fiscal Year 2020 Results on Jun 26, 2020 Tembo Global Industries Limited announced that they will report fiscal year 2020 results on Jun 26, 2020