Talbros Automotive Secures Rs. 1000 Crore Multi-Year Orders
Filing Summary
Talbros Automotive Components Ltd, along with its joint ventures, has secured multi-year orders exceeding Rs. 1000 crores. These orders cover both domestic and export markets and will be executed over the next five years. The orders include Rs. 250 crores from the sealing business, Rs. 500 crores from forgings, Rs. 90 crores for BIW components, and Rs. 170 crores for hoses and anti-vibration parts. The commercialization of these products will commence in FY27. This development involves collaborations with leading OEMs and includes significant export orders.
Talbros Automotive Components Ltd, in conjunction with its joint ventures, has secured multi-year orders valued at over Rs. 1000 crores. These orders are intended for both domestic and export markets and will be executed over a period of five years. The orders encompass various product lines, including gaskets, heat shields, forging components, hoses, anti-vibration parts, and chassis components. The commercialization of these products is scheduled to begin in FY27.
The financial terms of the orders include approximately Rs. 250 crores from the sealing business, which covers gaskets and heat shield products. Additionally, export orders in the forgings business amount to approximately Rs. 500 crores, with a significant portion from a newly onboarded European customer. The joint venture Marelli Talbros Chassis Systems has secured export orders worth approximately Rs. 90 crores for BIW components, specifically catering to the EV segment. Furthermore, the joint venture Talbros Marugo Rubber has obtained orders worth approximately Rs. 170 crores in the domestic market for hoses and anti-vibration parts.
The scope of these orders includes a diverse range of products such as gaskets, heat shields, forging components, hoses, anti-vibration parts, and chassis components. These products are intended for both domestic and international markets, with a focus on meeting the demands of leading OEMs. The orders are strategically significant as they include components for the EV segment and involve collaborations with multinational automobile manufacturers.
The timeline for executing these orders spans the next five years, with commercialization set to start in FY27. The orders are from both domestic and international entities, indicating a broad market reach. The company has emphasized its capability to meet global benchmarks and its position as a reliable supplier within the European automotive ecosystem.
Marelli Talbros Chassis Systems, a joint venture involved in this order, focuses on the production of chassis systems and components. The joint venture aims to enhance its presence in the automotive market by delivering high-quality products that meet the evolving needs of the industry.
Talbros Automotive Components Ltd, established in 1956, is a leading manufacturer of automotive and industrial gaskets. The company, along with its joint ventures, operates multiple manufacturing facilities across India. Talbros focuses on expanding its product offerings and strengthening its market position through strategic collaborations and technological advancements.