Talbros Automotive Components Limited — Updates, 27-11-2024: Press Release

Talbros Automotive Components Limited, alongside its joint ventures, has secured multi-year orders totaling approximately Rs. 475 crore from leading OEMs for both domestic and export markets. These orders are to be fulfilled over the next five years and span the company's diverse product lines, including gaskets, heat shields, chassis components, and hoses.

Key highlights include:

- Orders worth about Rs. 345 crore from the sealing business, with Rs. 131 crore coming from exports primarily to Europe. Notably, Rs. 245 crore are allocated to the heat shield segment and Rs. 100 crore to gaskets.

- Additional Rs. 35 crore in orders from Marelli Talbros Chassis Systems for chassis components and Rs. 23 crore from the forging business, which includes Rs. 14 crore in exports.

- Through Talbros Marugo Rubber, the company received Rs. 70 crore in domestic orders for hoses and other products, set to commercialize from FY26.

These developments enhance revenue visibility and profitability, while the focus on exports, particularly in specialized markets, is expected to boost overall margins. The outlook remains positive as Talbros solidifies its market position in the automotive components sector.