Talbros Automotive Components Limited has informed the Exchange about Bagging/Receiving of orders/contracts
TALBROAUTO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Talbros Automotive Components, together with its joint ventures, has secured multi-year orders worth approximately Rs. 580 crores from leading domestic and international OEMs, to be executed over the next 5 years. The order book includes around Rs. 160 crores for the EV segment (mainly through JV Marelli Talbros Chassis Systems) and Rs. 150 crores for exports, largely to Europe. Break-up: Rs. 260 crores for gaskets, heat shields and forgings (including Rs. 150 crores of exports), Rs. 290 crores for chassis components via the Marelli JV, and Rs. 30 crores for hoses through the Talbros Marugo Rubber JV. The company says these orders will improve revenue visibility and profitability.
Positive for shareholders — the Rs. 580 crore order inflow is a sizeable addition to the order book and strengthens multi-year revenue visibility, with a meaningful contribution from the EV and export segments that should support margin expansion. Likely to be viewed as a positive catalyst by the market.