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, spanning both domestic and export markets, will be executed over five years and include products such as gaskets, heat shields, forgings, hoses, and chassis components. The orders are from leading OEMs, with a significant portion allocated to exports, including Rs. 500 crores in the forgings business. The commercialization of these products will commence in FY27. This development highlights Talbros’ expanding footprint in the competitive European market.
Talbros Automotive Components Ltd, in collaboration with its joint ventures, has announced the acquisition of multi-year orders valued at over Rs. 1000 crores. These orders are intended for both domestic and export markets and will be fulfilled over the next five years. The orders encompass a range of products, including gaskets, heat shields, forging components, hoses, and chassis components. The commercialization of these products is scheduled to begin in the fiscal year 2027.
The financial terms of the orders include approximately Rs. 250 crores from the sealing business, which covers gaskets and heat shield products. Export orders in the forgings business amount to around Rs. 500 crores, with a notable portion from a newly onboarded European customer. Additionally, the joint venture Marelli Talbros Chassis Systems has secured export orders worth approximately Rs. 90 crores for BIW components, targeting the EV segment. The joint venture Talbros Marugo Rubber has obtained orders worth around Rs. 170 crores in the domestic market for hoses and anti-vibration parts.
The scope of these orders involves supplying a diverse range of automotive components to leading OEMs. The products include gaskets, heat shields, forgings, hoses, anti-vibration parts, and chassis components. These components are critical for various automotive applications, including the electric vehicle segment. The orders reflect Talbros’ capability to meet global standards and its strategic focus on expanding its presence in the European automotive market.
The orders are part of Talbros’ strategy to deepen its market penetration in Europe, a region known for its competitive and demanding automotive industry. The company’s ability to secure significant export orders demonstrates its capacity to meet international benchmarks and positions it as a reliable supplier within the European automotive ecosystem. This expansion is expected to enhance Talbros’ market share in the region.
The execution of these orders will span five years, with commercialization starting in FY27. The orders were received from both domestic and international OEMs, indicating a broad geographic scope. The joint ventures involved in these orders include Marelli Talbros Chassis Systems and Talbros Marugo Rubber, which play a crucial role in fulfilling the export and domestic market demands, respectively.
Marelli Talbros Chassis Systems is a joint venture focused on producing chassis systems and components for the automotive industry. The company collaborates with global automotive manufacturers to supply high-quality components, particularly for the electric vehicle segment.
Talbros Automotive Components Ltd, established in 1956, is a leading manufacturer of automotive and industrial gaskets, chassis, rubber products, and forgings. The company operates multiple manufacturing facilities across India and focuses on designing and developing products that meet customer requirements. Talbros collaborates with various marquee customers and maintains a robust distribution network in the aftermarket.