Key Takeaways
- Talbros Automotive Components Limited (TACL) has secured orders worth approximately Rs. 580 crores for a five-year period, covering both domestic and export markets.
- The new orders span multiple product lines, including gaskets, heat shields, and chassis components, with a significant emphasis on the export market, particularly Europe.
- This expansion strengthens TACL’s market presence and revenue visibility while enhancing profitability over the coming years.
Major Orders Secured
Talbros Automotive Components Limited (TACL), together with its joint ventures (JVs), has announced a new order intake valued at around Rs. 580 crores. These orders are set to be fulfilled over the next five years and reflect TACL’s commitment to both domestic and international markets, especially in the automotive sector.
The recent orders include Rs. 260 crores attributed to the sealing business, primarily focusing on gaskets and heat shields. Of this amount, Rs. 150 crores is designated for exports, primarily targeting the European market. Specifically, around Rs. 180 crores is set for the gasket and heat shield segment, demonstrating strong demand from multiple original equipment manufacturers (OEMs). Additionally, TACL has received orders worth Rs. 80 crores for its forgings division.
This strategic push into the European market, noted for its stringent quality standards, showcases TACL’s capability to meet high global benchmarks. Successfully penetrating such a competitive environment not only establishes the company as a trusted supplier but also enhances its market share in Europe, a significant achievement in the automotive industry.
Moreover, TACL’s joint venture Marelli Talbros Chassis Systems has secured orders amounting to Rs. 290 crores for chassis components, with approximately 50% of these orders catering to the electric vehicle (EV) segment, indicating the company’s alignment with industry trends.
Additionally, orders worth Rs. 30 crores have been received through the JV Talbros Marugo Rubber for domestic markets focusing on hoses and audio/visual products. The commercialization of these products is anticipated to begin in the second half of FY26.
These new contracts significantly improve TACL’s revenue visibility and strengthen its profitability outlook. They reflect the specialized capabilities that TACL and its joint ventures have developed, positioning the company favorably against competitive pressures in the automotive sector.
In conclusion, TACL’s recent order wins underscore its growth trajectory and reinforce its role as a prominent player in both the domestic and international automotive markets.
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