Talbros Automotive Components Limited (TACL), along with its JV's has received orders worth ~Rs. 475 crores for both domestic and exports market from the leading OEM's. These orders are to be executed over the period of next 5 years. These orders include orders from all the company's product lines like gaskets, heat shields, forging components, chassis and hoses.
- Received orders worth ~Rs. 345 crores (includes ~Rs. 131 crores of exports, majorly in Europe) from the sealing business for gaskets and heat shield products.
- Of this, ~Rs. 245 crores is for the heat shield segment received from multiple OEM's. Remaining ~Rs. 100 crores is for the gasket division.
- By increasing exports to Europe, a highly specialized market for auto component manufacturers, the company is boosting its market share in that region. Additionally, increased exports are expected to enhance overall margins.
- Received orders worth ~Rs. 35 crores through our JV (Marelli Talbros Chassis Systems) for Chassis components. Orders worth ~Rs. 23 crores received from forging business which includes export worth ~Rs. 14 crores.
- Received orders through our JV (Talbros Marugo Rubber) worth ~Rs. 70 crores in the domestic market for products like Hoses and A/V. The commercialization for these products will start from FY26. This order is received from one of the largest PV OEMs in India.
These orders will help further enhance the company's revenue visibility and improve profitability. These orders from highly specialized auto markets and customers greatly signify the capabilities developed by TACL and its JV companies. |
