These orders will be executed in the next five years, the company said in a regulatory filing today.
These orders include orders from all the company’s product lines like gaskets, heat shields, forging components, chassis and hoses.
Talbros Automotive has received orders worth ₹345 crore, which includes ₹131 crore of exports, majorly in Europe, from the sealing business for gaskets and heat shield products.
Of this, ₹245 crore is for the heat shield segment received from multiple OEM’s. The remaining ₹100 crore is for the gasket division.
By increasing exports to Europe, the company is boosting its market share in that region.
Additionally, increased exports are expected to enhance overall margins.
The company has received orders worth ₹35 crore through its JV (Marelli Talbros Chassis Systems) for Chassis components. Orders worth ₹23 crore has been received from forging business which includes export worth ₹14 crore.
Talbros has received orders through its JV (Talbros Marugo Rubber) worth ₹70 crore in the domestic market for products like Hoses and A/V.
The commercialisation for these products will start from FY26. This order is received from one of the largest PV OEMs in India.
These orders will help further enhance the company’s revenue visibility and improve profitability, Talbros Automotive said.
These orders from highly specialised auto markets and customers greatly signify the capabilities developed by TACL and its JV companies, it said.
Talbros Automotive shares are currently trading 13.36% higher at ₹338.75. The stock has risen over 17% in the last five trading session.
