Talbros Automotive Components Limited (TACL), along with its joint ventures, has announced the acquisition of orders worth approximately ₹475 crore from leading Original Equipment Manufacturers (OEMs) across domestic and export markets. These orders will be executed over the next five years, covering the company’s entire product portfolio, including gaskets, heat shields, forging components, chassis, and hoses.

As of 9:16 am the shares were trading 7.32% higher at Rs 321 on NSE

Key Highlights:

  • Sealing Business (Gaskets and Heat Shields):
    • Orders worth ₹345 crore, with ₹131 crore designated for exports, primarily to Europe.
    • Heat shields contribute ₹245 crore, while the gasket division accounts for ₹100 crore.
    • Aiming to boost market share and improve margins through increased exports to specialized European markets.
  • Chassis Components:
    • The JV with Marelli Talbros Chassis Systems secured orders worth ₹35 crore.
  • Forging Business:
    • Orders worth ₹23 crore, with ₹14 crore directed towards exports.
  • Rubber Products (Hoses and Anti-Vibration Systems):
    • Talbros Marugo Rubber secured orders worth ₹70 crore from a leading Indian passenger vehicle OEM.
    • Commercialization is set to begin in FY26.

Talbros Automotive, the flagship company of the Talbros Group established in 1956, continues to solidify its position as a leading manufacturer of automotive and industrial gaskets, chassis components, rubber products, and forgings. With a strong legacy, the company is leveraging this significant order inflow to expand its domestic and international footprint.

Disclaimer:

The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

TOPICS: Talbros Automotive