Shares of Talbros Automotive Components Ltd skyrocketed 15% on 27 November after the company along with its Joint Venture’s (JV) secured orders worth Rs 475 crore for both domestic and exports market from the leading OEM’s. 

The business stated in a regulatory statement today that these orders will be carried out over the course of the next five years.

All of the company’s product lines, including gaskets, heat shields, forging components, chassis, and hoses, are included in these orders.

In addition to Rs 131 crore in exports, primarily to Europe, Talbros Automotive has received orders totalling Rs 345 crore from the sealing industry for gaskets and heat shield products.

Of this, several OEMs have contributed Rs 245 crore for the heat shield segment. The gasket section will receive the remaining Rs 100 crore.

The corporation is expanding its market share in Europe by increasing exports to that continent.

It is also anticipated that higher exports will improve overall profitability.

Through its joint venture (Marelli Talbros Chassis Systems), the company has secured orders for chassis components totalling Rs 35 crore. The forging company has received orders totalling Rs 23 crore, including Rs 14 crore in exports.

In the domestic market, Talbros has received orders for products like A/V and hoses totaling Rs 70 crore through its joint venture (Talbros Marugo Rubber).

These products’ commercialization will begin in FY26. This order comes from one of India’s biggest PV OEMs.

Talbros Automotive stated that these orders will raise the company’s profitability and revenue visibility even more.

It stated that these orders from extremely specialized auto markets and clients are a significant indication of the capabilities that TACL and its joint venture companies have established.

At 11:32 am, the shares of Talbros Automotive were trading 11.46% higher at Rs 333.40 on NSE. 

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