TALBROAUTO

Talbros Automotive Components share price & financials

Price
₹360.45
Market cap
₹2.6k Cr
Sector
Automobile and Auto Components
Calls analysed
6
Latest concall · Q1 FY27 · call held 11 Aug 2026

Talbros Automotive Components Limited Q1 FY27

EBITDA ₹43 cr EBITDA Margin 17.6% PAT ₹30 cr +35%Total Income ₹242 cr +15%

What went well

  • Total income of ₹242 crores, up 15% YoY, marking a record quarter.
  • PAT increased 35% YoY to ₹30 crores, demonstrating strong profitability.
  • Gasket division revenue grew 21% YoY to ₹164 crores, with EBITDA up 32% YoY to ₹29 crores, driven by increased heat shield exposure.

What to watch

  • EBITDA margin at 17.6% faced temporary pressure due to elevated commodity prices (steel, aluminum) and labor cost increases.
  • Forging division growth was only 4% YoY to ₹78 crores in Q1 FY27, impacted by a slowdown in European car markets and execution delays.
Read the full call →

What Talbros Automotive Components Limited does

Talbros Automotive Components manufactures automotive components across sealing solutions (gaskets), NVH heat shields, plastic moulded parts and forged and machined components (towing solutions, flanges, yokes, ring gears) sold to OEMs and Tier-1 suppliers in passenger vehicles, commercial vehicles, two/three-wheelers, agricultural and off-highway equipment. It also operates two joint ventures - Marelli Talbros Chassis Systems (with Marelli Suspension Systems S.p.A., Italy) making chassis, suspension links and body-in-white parts, and Talbros Marugo Rubber (with Marugo Rubber Industries, Japan) making moulded and extruded anti-vibration hoses. Standalone Gasket/Heat Shield and Forging products are manufactured in-house, while the JVs supply chassis and rubber components leveraging partner technology.

Segments

  • Gasket and Heat Shield
  • Forging
  • Marelli Talbros Chassis Systems (MTCS)
  • Talbros Marugo Rubber (TMR)
Manufacturing plants
9
Workforce
2,000+
Product lines
6
R&D centres
1
Global OEM clientele
30+
International technology JV tie-ups
2
Founded 1956Headquarters Faridabad, Haryana, India

Guidance record · Q1 FY27

what the last two calls moved 22 tracked 2 delivered 3 missed 17 open
  • Q1 FY27 Top Line delivered said Q4 FY26 Promised: in line with last quarter (Q4 FY26) Q1 FY27: Achieved. Q1 revenue was INR 242 cr, in line with Q4 FY26 revenue of INR 241 cr.
  • Consolidated Revenue Growth missed said Q4 FY25 Promised: minimum 15% next year Q1 FY27: Historical promise for FY26, not discussed.
  • Consolidated Revenue Growth revised up said Q4 FY26 Promised: 15% to 20% Q1 FY27: Guidance revised up to 18-20% for FY27.

All 22 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 15.0%, net profit up 33.3% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue215 201 206 207 213 −1%214 +6%237 +15%238 +15%
EBITDA32 33 35 31 32 +0%33 +0%41 +17%39 +26%
Net profit20 19 21 18 20 +0%21 +11%25 +19%24 +33%
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 +41.7% 1Y

₹250₹300₹350₹400₹450Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 14 Nov 2025Q3 FY26 — 12 Feb 2026Q4 FY26 — 21 May 2026Q1 FY27 — 11 Aug 2026

1Y: ₹299.1 on 10 Sept 2025 → ₹423.75. High ₹439.35 (7 Aug 2026), low ₹224.05 (24 Mar 2026).

How the price took the results

close before → close after

Q1 FY27
−2.9%
11 Aug
Q4 FY26
−2.4%
21 May
Q3 FY26
−0.8%
12 Feb
Q2 FY26
+1.7%
14 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue grew 10.4% a year over 3 years, FY23 to FY26. Operating margin widened to 15.7%.

Year endingFY23FY24FY25FY26
Revenue₹648 Cr₹779 Cr₹826 Cr₹871 Cr
Operating profit₹88 Cr₹114 Cr₹130 Cr₹137 Cr
Operating margin13.6%14.6%15.7%15.7%
Interest₹11 Cr₹13 Cr₹13 Cr₹13 Cr
Depreciation₹24 Cr₹26 Cr₹32 Cr₹32 Cr
Net profit₹52 Cr₹129 Cr₹78 Cr₹84 Cr
Net margin8.0%16.6%9.4%9.6%
Cash from operations₹57 Cr₹67 Cr₹80 Cr₹85 Cr
Free cash flow₹18 Cr₹9 Cr₹29 Cr₹46 Cr
ROCE18.0%20.0%18.0%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₹12 Cr₹12 Cr₹12 Cr₹12 Cr₹12 Cr₹12 Cr
Reserves₹210 Cr₹256 Cr₹310 Cr₹499 Cr₹669 Cr₹668 Cr
Borrowings₹103 Cr₹89 Cr₹87 Cr₹99 Cr₹86 Cr₹84 Cr
Other liabilities₹179 Cr₹178 Cr₹201 Cr₹221 Cr₹243 Cr₹258 Cr
Total liabilities₹503 Cr₹536 Cr₹610 Cr₹831 Cr₹1.0k Cr₹1.0k Cr
Fixed assets₹150 Cr₹157 Cr₹171 Cr₹212 Cr₹216 Cr₹228 Cr
Capital work in progress₹3 Cr₹3 Cr₹5 Cr₹7 Cr₹26 Cr₹22 Cr
Investments₹48 Cr₹64 Cr₹81 Cr₹160 Cr₹225 Cr₹183 Cr
Other assets₹303 Cr₹311 Cr₹353 Cr₹451 Cr₹543 Cr₹589 Cr
Total assets₹503 Cr₹536 Cr₹610 Cr₹831 Cr₹1.0k Cr₹1.0k 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

Since Jun 2025, the public trimmed −0.72 pp while FIIs added +0.57 pp. The shareholder count shrank 19% to 55,208.

Promoters
58.4%
FIIs
1.3%
DIIs
0.2%
Public
40.1%

Since Jun 2025

  • Public −0.72 pp
  • FIIs +0.57 pp
  • DIIs +0.16 pp

How it drifted, 12 quarters

Over this window the public fell from 41.5% to 40.1% — −1.3 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 58.4%, FIIs 0.0%, DIIs 0.1%, Public 41.5%.Dec '23: Promoters 58.4%, FIIs 0.0%, DIIs 0.1%, Public 41.5%.Mar '24: Promoters 58.4%, FIIs 0.1%, DIIs 0.0%, Public 41.4%.Jun '24: Promoters 58.4%, FIIs 0.6%, DIIs 0.0%, Public 41.0%.Sep '24: Promoters 58.4%, FIIs 0.5%, Public 41.1%.Dec '24: Promoters 58.4%, FIIs 0.7%, DIIs 0.0%, Public 40.9%.Mar '25: Promoters 58.4%, FIIs 0.7%, DIIs 0.0%, Public 40.9%.Jun '25: Promoters 58.4%, FIIs 0.7%, DIIs 0.0%, Public 40.8%.Sep '25: Promoters 58.4%, FIIs 0.7%, DIIs 0.0%, Public 40.8%.Dec '25: Promoters 58.4%, FIIs 0.6%, DIIs 0.1%, Public 40.9%.Mar '26: Promoters 58.4%, FIIs 0.5%, DIIs 0.1%, Public 41.0%.Jun '26: Promoters 58.4%, FIIs 1.3%, DIIs 0.2%, Public 40.1%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

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

HolderStakeChange
Talbros International Private Limited 42.89%unchanged
Anuj Talwar 3.04%unchanged
Kumkum Talwar 2.28%unchanged
Naresh Talwar 2.28%unchanged
Varun Talwar 2.28%unchanged
Vidur Talwar 2.28%unchanged
Bimpi Talwar 1.52%unchanged
Umesh Talwar 1.52%unchanged
Investor Education And Protection Fund Authority 1.28%unchanged
Sanjeev Vinodchandra Parekh 1.16%unchanged
Asha Burman 0.35%unchanged
Jai Vir Talwar 0.00%unchanged

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

Expensive

To justify its price of ₹424, this stock must grow earnings at 21% every year for 7 years. Our analysis caps realistic growth at ~17%. At that growth it is worth ₹352 — downside of 17%.

Growth the price implies
20.9% a year
for 7 years, fading to 4%
It has actually compounded at
17.3% a year
net profit, FY23–FY26 · EPS 17.3%
The gap
0.0 pp
-17% downside if it only repeats history
Price today ₹423.75 Value at the reference growth ₹351.52

Change the assumptions yourself →

All earnings calls (6)

Read the Q1 FY27 call →

Learn to analyse Talbros Automotive Components Limited

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