Talbros Automotive Components wins orders worth Rs 580 cr

Talbros Automotive Components along with its JV's has received orders worth ~Rs. 580 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 orders include orders from all the company's product lines like gaskets, heat shields, forging components, chassis and hoses.

 ? Received orders worth ~Rs. 260 crores (includes ~Rs. 150 crores of exports, majorly in Europe) from the sealing business for gaskets and heat shield products and forgings products.

? Of this, ~Rs. 180 crores is for the gasket & heat shield segment received from multiple OEMs. Remaining ~Rs. 80 crores is for the forgings division.

? By strategically increasing its exports to Europe?a region known for its stringent quality standards and specialization in the automotive components industry?the company is deepening its footprint in a highly competitive and demanding market. This expansion not only demonstrates the company's capability to meet global benchmarks but also positions it as a reliable supplier within the European automotive ecosystem. As a result, the company is gaining market share in this region.

? Received orders worth ~Rs. 290 crores through JV (Marelli Talbros Chassis Systems) for Chassis components. ~50% of these orders are for EV segment.

 ? Received orders through JV (Talbros Marugo Rubber) worth ~Rs. 30 crores in the domestic market for products like Hoses and A/V. The commercialization for these products will start from the H2 FY26.

Powered by Capital Market - Live News