538987

Talbros Engg. financials

Market cap
₹322 Cr
Sector
Automobile and Auto Components

What Talbros Engg. does

Talbros Engineering Limited manufactures axle shafts, its sole reported product line, for the automotive components industry. The company uses cold-extrusion technology to strengthen the shafts and improve production efficiency. Manufacturing is spread across eight unit locations in Faridabad and Palwal district, Haryana, and output is sold to both domestic customers and export markets. It operates as a standalone entity with no subsidiaries, joint ventures or associate companies.

Segments

  • Axle shafts
Manufacturing units
8 (across Faridabad & Palwal district, Haryana)
Employees
238 (FY25)
Captive rooftop solar power
500 kW (installed at IMT plant)
Reported business segments
1 (Axle shafts only)
Subsidiaries / joint ventures / associates
0 (standalone company)
Founded 1986Headquarters Faridabad, HaryanaEmployees 238 (FY25) Company website

Quarterly results

Q1 FY27: revenue up 6.8%, net profit up 12.7% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue103 115 125 122 131 +27%139 +21%144 +15%130 +7%
EBITDA12 13 14 13 15 +19%15 +22%18 +27%14 +8%
Net profit5 5 5 6 7 +37%7 +40%10 +80%6 +13%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +10.4% 1Y

₹600₹650₹700₹750Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹575.35 on 10 Sept 2025 → ₹634.95. High ₹742.6 (10 Feb 2026), low ₹574.05 (8 Dec 2025).

Financials, as filed

Revenue grew 6.4% a year over 3 years, FY23 to FY26. Operating margin narrowed to 11.3%.

Year endingFY23FY24FY25FY26
Revenue₹444 Cr₹410 Cr₹446 Cr₹536 Cr
Operating profit₹53 Cr₹43 Cr₹50 Cr₹60 Cr
Operating margin12.0%10.5%11.2%11.3%
Interest₹9 Cr₹10 Cr₹12 Cr₹12 Cr
Depreciation₹9 Cr₹10 Cr₹11 Cr₹12 Cr
Net profit₹28 Cr₹18 Cr₹20 Cr₹29 Cr
Net margin6.3%4.3%4.5%5.4%
Cash from operations₹31 Cr₹31 Cr₹34 Cr₹45 Cr
Free cash flow₹-14 Cr₹-7 Cr₹8 Cr₹-8 Cr
ROCE23.0%14.0%15.0%17.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹5 Cr₹5 Cr₹5 Cr₹5 Cr₹5 Cr₹5 Cr
Reserves₹66 Cr₹88 Cr₹114 Cr₹130 Cr₹160 Cr₹177 Cr
Borrowings₹76 Cr₹98 Cr₹101 Cr₹113 Cr₹130 Cr₹148 Cr
Other liabilities₹41 Cr₹56 Cr₹54 Cr₹41 Cr₹53 Cr₹52 Cr
Total liabilities₹188 Cr₹246 Cr₹275 Cr₹289 Cr₹348 Cr₹382 Cr
Fixed assets₹75 Cr₹86 Cr₹110 Cr₹120 Cr₹180 Cr₹197 Cr
Capital work in progress₹10 Cr₹9 Cr₹22 Cr₹39 Cr₹18 Cr₹18 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Other assets₹102 Cr₹151 Cr₹143 Cr₹130 Cr₹150 Cr₹166 Cr
Total assets₹188 Cr₹246 Cr₹275 Cr₹289 Cr₹348 Cr₹382 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

The ownership split has held steady since Jun 2025. The shareholder count shrank 9% to 6,899.

Promoters
72.6%
DIIs
0.0%
Public
27.4%

Since Jun 2025

  • Promoters 0.00 pp
  • DIIs 0.00 pp
  • Public 0.00 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 72.4%, DIIs 0.0%, Public 27.6%.Dec '23: Promoters 72.4%, DIIs 0.0%, Public 27.6%.Mar '24: Promoters 72.4%, DIIs 0.0%, Public 27.6%.Jun '24: Promoters 72.4%, DIIs 0.0%, Public 27.6%.Sep '24: Promoters 72.4%, DIIs 0.0%, Public 27.6%.Dec '24: Promoters 72.5%, DIIs 0.0%, Public 27.4%.Mar '25: Promoters 72.6%, DIIs 0.0%, Public 27.4%.Jun '25: Promoters 72.6%, DIIs 0.0%, Public 27.4%.Sep '25: Promoters 72.6%, DIIs 0.0%, Public 27.4%.Dec '25: Promoters 72.6%, DIIs 0.0%, Public 27.4%.Mar '26: Promoters 72.6%, DIIs 0.0%, Public 27.4%.Jun '26: Promoters 72.6%, DIIs 0.0%, Public 27.4%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 1 holder trimming and 1 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Talbros Engg. above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Gita Talwar 19.93%unchanged
Rajesh Talwar 19.91%unchanged
Sartaj Kumar Sahni 8.33%−0.51 pp
Karan Talwar 7.78%unchanged
Shweta Talwar 7.47%unchanged
Kartik Talwar 6.51%unchanged
Naini Talwar 5.60%unchanged
Rakesh Talwar 5.34%unchanged
Investor Education And Protection Fund Authority Ministry Of Corporate Affairs 1.85%newly disclosed
Rakesh Talwar (Huf) 0.05%unchanged
Investor Education and Protection Fund (IEPF) —off the list

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Fair

To justify its price of ₹635, this stock must grow earnings at 2% every year for 7 years. Our analysis caps realistic growth at ~1%. At that growth it is worth ₹606 — downside of 5%.

Growth the price implies
1.9% a year
for 7 years, fading to 4%
It has actually compounded at
1.1% a year
net profit, FY23–FY26 · EPS 1.1%
The gap
0.0 pp
-5% downside if it only repeats history
Price today ₹634.95 Value at the reference growth ₹605.92

Change the assumptions yourself →

Learn to analyse Talbros Engg.

Guides on how to read this kind of business and the numbers that matter.