Talbros Automotive Components Ltd

Net profit of Talbros Automotive Components rose 4.70% to Rs 23.82 crore in the quarter ended December 2024 as against Rs 22.75 crore during the previous quarter ended December 2023. Sales rose 1.37% to Rs 201.47 crore in the quarter ended December 2024 as against Rs 198.74 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales201.47198.74 1 OPM %16.2215.32 - PBDT37.5234.34 9 PBT29.4128.20 4 NP23.8222.75 5 Powered by Capital Market - Live

Revenue from operations rose 1.37% year on year (YoY) to Rs 201.47 crore in the quarter ended 31 December 2024. Profit before tax grew by 4.29% to Rs 29.41 crore in Q3 FY25, compared to Rs 28.20 crore reported in Q3 FY24. During the quarter, EBITDA stood at Rs 35.6 crore, reflecting a 7% year-on-year growth. The EBITDA margin improved to 17.4% in Q3 FY25, compared to 16.5% in Q3 FY24. On nine-month basis, the company's consolidated net profit jumped 12.72% to Rs 67.85 crore in 9M FY25, compared to Rs 60.19 crore recorded in 9M FY24. Revenue from operations jumped 7.92% YoY to Rs 621.19 crore in 9M FY25. For 9M FY25, Exports contributed 14% of Gaskets Revenue, 57% of forging revenue, 17% of Marelli Talbros Chassis systems, and 4% of Talbros Marugo Rubber Anuj Talwar, joint managing director, Talbros Automotive Components (TACL), said, 'In Q3 FY25, revenues remained stable, driven by strong domestic sales but offset by a decline in exports to European markets due to a slowdown in the region's auto sector. Despite this, we increased our EBITDA by 7% and improved margins by 90 basis points to 17.4%, driven by cost efficiencies. We are continually looking at effective execution of a robust order pipeline and improvements in operational efficiencies. For 9M FY25, revenues grew by 9% to Rs 634 crore, with EBITDA margins improving to 17.0%, an increase of 130 basis points. Our ongoing efforts to enhance margins over the past few quarters have yielded positive results. Profit after tax has grown by 13% to Rs. 68 crore. In FY24, the company secured new orders worth Rs 980 crore. In the first nine months of FY25, we further strengthened our order book with significant new orders totaling Rs 1,475 crore, with execution already underway for select projects. This shift from order acquisition to execution marks a crucial milestone, driving revenue generation and reinforcing our growth trajectory. Secured from leading OEMs across domestic and export markets, these orders reflect the strong market confidence in TACL and its joint ventures. Notably, the portfolio includes EV orders from top OEMs. As the shift towards electric vehicles accelerates, we have strengthened our EV offerings by securing contracts from domestic and international OEMs while collaborating with our JV partner and forgings business to expand our focus on the EV segment. To capitalize on emerging opportunities in both domestic and international markets, we will continue adopting a diversified and strategically balanced approach as an auto component provider. This strategy aims to mitigate market fluctuations and meet varied customer demands by maintaining exposure across different segments, geographies, and product lines. Looking ahead, we remain focused on executing our strong order pipeline while continuously enhancing operational efficiencies. We are committed to our long-term vision of becoming a leading global player in the automotive component manufacturing industry. As we pursue this goal, we remain focused on driving continuous progress and development while proactively adapting to future market needs to ensure the sustained relevance of our offerings.' Talbros Automotive Components, the flagship manufacturing company of the Talbros Group. It manufactures automotive & industrial gaskets in collaboration with Coopers Payen of the UK. The company is the mother brand of gaskets, chassis, rubber products, and forgings in India. Talbros Group portfolio also includes Mercedes-Benz dealerships for passenger cars. The scrip slipped 4.80% to Rs 272.65 on the BSE. Powered by Capital Market - Live

Net profit of Talbros Automotive Components rose 3.49% to Rs 18.66 crore in the quarter ended December 2024 as against Rs 18.03 crore during the previous quarter ended December 2023. Sales rose 1.37% to Rs 201.47 crore in the quarter ended December 2024 as against Rs 198.74 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales201.47198.74 1 OPM %16.2215.31 - PBDT32.3629.62 9 PBT24.2523.48 3 NP18.6618.03 3 Powered by Capital Market - Live

Talbros Automotive Components will hold a meeting of the Board of Directors of the Company on 11 February 2025.Powered by Capital Market - Live

Talbros Automotive Components (TACL), along with its JV's has received orders worth Rs. 475 crore 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 include: ' Received orders worth Rs. 345 crore (includes Rs. 131 crore of exports, majorly in Europe) from the sealing business for gaskets and heat shield products. Of this, Rs. 245 crore is for the heat shield segment received from multiple OEM's. Remaining Rs. 100 crore is for the gasket division. ' Received orders worth Rs. 35 crore through its JV (Marelli Talbros Chassis Systems) for Chassis components. Orders worth Rs. 23 crore received from forging business which includes export worth Rs. 14 crore. Received orders through its JV (Talbros Marugo Rubber) worth Rs. 70 crore 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.  Powered by Capital Market - Live

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. In a regulatory filing made before market hours today, the company informed that it has received orders worth Rs 345 crore (includes Rs 131 crore of exports, majorly in Europe) from the sealing business for gaskets and heat shield products. Through its JV Marelli Talbros Chassis Systems, it has received orders worth Rs 35 crore for chassis components. The orders worth Rs 23 crore have been received from forging business, which includes export orders worth Rs 14 crore. The Talbros Marugo Rubber JV has bagged orders worth Rs 70 crore 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,' the company said in a statement. Talbros Automotive Components, the flagship manufacturing company of the Talbros Group. It manufactures automotive & industrial gaskets in collaboration with Coopers Payen of UK. The company is the mother brand of gaskets, chassis, rubber products and forgings in India. Talbros Group portfolio also includes Mercedes Benz dealership for passenger cars. The company's consolidated net profit rose 16.87% to Rs 23.41 crore on a 11% increase in sales to Rs 215.38 crore in Q2 FY25 as compared to Q2 FY24. Powered by Capital Market - Live

Talbros Automotive Components announced that the Board of Directors of the Company at its meeting held on 14 November 2024, has recommended a Interim dividend of Rs.0.20 per share (i.e.10%), subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Talbros Automotive Components rose 16.87% to Rs 23.41 crore in the quarter ended September 2024 as against Rs 20.03 crore during the previous quarter ended September 2023. Sales rose 11.00% to Rs 215.38 crore in the quarter ended September 2024 as against Rs 194.03 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales215.38194.03 11 OPM %15.0914.51 - PBDT38.0931.35 21 PBT30.0125.30 19 NP23.4120.03 17 Powered by Capital Market - Live

Talbros Automotive Components will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live

Net profit of Talbros Automotive Components rose 18.31% to Rs 20.61 crore in the quarter ended June 2024 as against Rs 17.42 crore during the previous quarter ended June 2023. Sales rose 11.77% to Rs 204.35 crore in the quarter ended June 2024 as against Rs 182.83 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales204.35182.83 12 OPM %14.5313.87 - PBDT34.2928.08 22 PBT26.4222.08 20 NP20.6117.42 18 Powered by Capital Market - Live