Auto Components
Valuation | |
|---|---|
| Market Cap | 1.62 kCr |
| Price/Earnings (Trailing) | 16.95 |
| Price/Sales (Trailing) | 1.93 |
| EV/EBITDA | 11.62 |
| Price/Free Cashflow | 69.32 |
| MarketCap/EBT | 16.13 |
| Enterprise Value | 1.69 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | 11.1% |
| Price Change 1M | -4.9% |
| Price Change 6M | -6.5% |
| Price Change 1Y | -8.8% |
| 3Y Cumulative Return | -18.1% |
| 5Y Cumulative Return | 7% |
| 7Y Cumulative Return | 4.5% |
| 10Y Cumulative Return | 10.1% |
| Revenue (TTM) |
| 842.78 Cr |
| Rev. Growth (Yr) | -1.5% |
| Earnings (TTM) | 95.7 Cr |
| Earnings Growth (Yr) | -1.3% |
Profitability | |
|---|---|
| Operating Margin | 12% |
| EBT Margin | 12% |
| Return on Equity | 14.05% |
| Return on Assets | 9.47% |
| Free Cashflow Yield | 1.44% |
Cash Flow & Liquidity |
|---|
| Cash Flow from Investing (TTM) | -44.65 Cr |
| Cash Flow from Operations (TTM) | 80.02 Cr |
| Cash Flow from Financing (TTM) | -22.88 Cr |
| Cash & Equivalents | 4.32 Cr |
| Free Cash Flow (TTM) | 26.24 Cr |
| Free Cash Flow/Share (TTM) | 4.25 |
Balance Sheet | |
|---|---|
| Total Assets | 1.01 kCr |
| Total Liabilities | 329.32 Cr |
| Shareholder Equity | 681.33 Cr |
| Current Assets | 501.86 Cr |
| Current Liabilities | 278.31 Cr |
| Net PPE | 212.88 Cr |
| Inventory | 136.34 Cr |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.08 |
| Debt/Equity | 0.11 |
| Interest Coverage | 6.5 |
| Interest/Cashflow Ops | 6.86 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 0.7 |
| Dividend Yield | 0.27% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Profitability: Recent profitability of 11% is a good sign.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Balance Sheet: Strong Balance Sheet.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Technicals: Bullish SharesGuru indicator.
Past Returns: Underperforming stock! In past three years, the stock has provided -18.1% return compared to 13% by NIFTY 50.
Profitability: Recent profitability of 11% is a good sign.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Balance Sheet: Strong Balance Sheet.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Technicals: Bullish SharesGuru indicator.
Past Returns: Underperforming stock! In past three years, the stock has provided -18.1% return compared to 13% by NIFTY 50.
Investor Care | |
|---|---|
| Dividend Yield | 0.27% |
| Dividend/Share (TTM) | 0.7 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 15.51 |
Financial Health | |
|---|---|
| Current Ratio | 1.8 |
| Debt/Equity | 0.11 |
Technical Indicators | |
|---|---|
| RSI (14d) | 46.37 |
| RSI (5d) | 63.15 |
| RSI (21d) | 43.81 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal |
Summary of Talbros Automotive Components's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
The management of Talbros Automotive Components expressed an optimistic outlook for the upcoming quarters, indicating a robust recovery in demand and performance. Key forward-looking points include:
Joint Venture for Sustainability: The company announced a new joint venture with Lohum Cleantech, focusing on developing recovered carbon black and devulcanized rubber. This ventures into a global market valued at $27 billion and $3.5 billion respectively. Management expects this JV to evolve into a high-growth division within Talbros, contributing meaningfully to profitability in the coming years.
Positive Automotive Market: The management reported that the Indian automobile industry grew by 9.5% in Q2 FY26, with total volumes reaching 8.8 million units. They anticipate strong sales momentum in Q3 and Q4, further bolstered by the recent GST tax reductions.
Financial Performance: In H1 FY26, the company reported revenue of INR 427 crores and an EBITDA margin of 16.5%. For Q2 alone, revenue was INR 217 crores, with an EBITDA of INR 36 crores at a margin of 16.4%. They expect Q3 and Q4 to outperform H1.
Growth from New Contracts: Talbros expects several key new contracts, including deals with Kia, Kamaz, and Cummins, projected to generate annual revenues of INR 13-15 crores, INR 10 crores, and INR 10 crores respectively.
Revenue Target: Looking ahead, management projects a total revenue of INR 1,750 to INR 1,800 crores for FY27, indicating significant growth potential.
The management's confident assessment suggests that the strategic initiatives, market conditions, and internal efficiencies will foster sustained growth in the coming quarters.
Understand Talbros Automotive Components ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| TALBROS INTERNATIONAL PRIVATE LIMITED | 42.89% |
| ANUJ TALWAR | 3.04% |
| VIDUR TALWAR | 2.28% |
| NARESH TALWAR | 2.28% |
| VARUN TALWAR | 2.28% |
| KUMKUM TALWAR | 2.28% |
| BIMPI TALWAR | 1.52% |
Detailed comparison of Talbros Automotive Components against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| MOTHERSON | Samvardhana Motherson International | 1.28 LCr | 1.18 LCr | -0.60% | +39.30% | 41.45 | 1.09 | - | - |
| BHARATFORG | Bharat Forge |
Talbros Automotive Components Limited engages in the manufacture and sale of auto components in India. The company offers gaskets with electrical control, multi-layer steel, post coated/selective area coated, exhaust/hot, rubber/edge molded, fiber, heat shield gaskets, and plastic moulded components. It also offers forging products, such as companion flanges, hydraulic end caps and rod eyes, tube and flange yokes, intermediate shaft and differential housing, blank ring gears, king pins and linear cylinders, and towing solutions. In addition, the company provides chassis components, including control arm, suspension links, front cross member, rear twist-beam axle, cradle, wheel group, and semi corner module assemblies. Further, it offers mounting muffler hangers, suspension bushings, body and cab mounts, leading and trailing arm bushes, molded hoses for air cleaners, as well as extrusion hoses for air, fuel, and water. The company's products are used in passenger and commercial vehicles, two-wheelers, three-wheelers, agricultural machinery, off-loaders, and industrial vehicles. It exports its products. Talbros Automotive Components Limited was incorporated in 1956 and is based in Faridabad, India.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Buy |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
Q&A Section Summary:
Question: "Can you give us some insight into new customers or contracts in Gasket or Forging business, and on the Marelli business?" Answer: We've added several new customers, including Kia, Kamaz, and Cummins, with expected revenues of INR 13-15 crores, INR 10 crores, and INR 10 crores respectively starting from January 2026. The Marelli business is back on track, and we're pushing to commence production with Stellantis by January.
Question: "What are the guidance projections for Marelli and Marugo Rubber businesses for FY '27?" Answer: We expect Marelli to generate around INR 500 crores and Marugo around INR 170 crores in FY '27, aiming for total revenues between INR 1,750 to INR 1,800 crores.
Question: "Have you seen one-offs affecting EBITDA margins, which stood at 16.4% for Q2?" Answer: The EBITDA margin of 16.4% includes some one-time employee cost increases. In a stable product mix scenario, we foresee a steady EBITDA margin around 16.5%.
Question: "Considering current conditions, what is the outlook for exports, especially post-cyberattack?" Answer: While exports contributed 26% of our revenue during H1, we anticipate growth due to improved demand. Targeting around 35% of total revenue from exports by FY '27, we expect demand to enhance significantly next year.
Question: "What is the capex requirement for the new JV with Lohum?" Answer: The capex for the Lohum JV over the next two years is planned at INR 70 crores, allocated as 40% equity and 60% debt.
Question: "What competitive advantage does the JV with Lohum offer against existing players?" Answer: Lohum is R&D-focused with advanced recycling processes that yield products more akin to virgin materials, and we anticipate a 25-30% cost advantage, with more eco-friendly production methods compared to competition.
Question: "What are the estimates for revenue growth in the next few quarters following recovery from the cyberattack?" Answer: Following recovery, we expect a 10% overall revenue increase for the full year, forecasting substantial growth in Q3 and Q4 due to improved production schedules and demand recovery.
Question: "What is the revenue outlook for the Forging segment?" Answer: We forecast a healthy recovery in the Forging business following setbacks caused by the cyberattack, estimating it should fully ramp back up by December.
| UMESH TALWAR |
| 1.52% |
| SANJEEV VINODCHANDRA PAREKH | 1.16% |
| GYAN ENTERPRISES PVT LTD | 1.1% |
| ASHA BURMAN | 0.35% |
| VIRAT TALWAR | 0% |
| JAI VIR TALWAR | 0% |
| ANANNYA TALWAR | 0% |
| ALIESHA TALWAR | 0% |
| ALLIANCE WEALTH CONSULTANCY LLP | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| 73.58 kCr |
| 15.47 kCr |
| +4.20% |
| +35.10% |
| 67.95 |
| 4.76 |
| - |
| - |
| SUNDRMFAST | Sundram Fasteners | 20.59 kCr | 6.19 kCr | +4.00% | -3.90% | 37.16 | 3.33 | - | - |
| GABRIEL | Gabriel India | 12.96 kCr | 4.41 kCr | -14.20% | +85.00% | 74.2 | 3.2 | - | - |
| 3.2% |
| 193 |
| 187 |
| 183 |
| 180 |
| 194 |
| 186 |
| Profit Before exceptional items and Tax | 0% | 24 | 24 | 28 | 24 | 26 | 23 |
| Exceptional items before tax | - | 0 | 0 | 0 | 0 | 0 | 0 |
| Total profit before tax | 0% | 24 | 24 | 28 | 24 | 26 | 23 |
| Current tax | -2.8% | 5.93 | 6.07 | 6.74 | 5.69 | 6.92 | 6.07 |
| Deferred tax | 23.5% | -0.01 | -0.32 | 0.28 | -0.1 | -0.33 | -0.26 |
| Total tax | 3.8% | 5.92 | 5.74 | 7.02 | 5.59 | 6.59 | 5.8 |
| Total profit (loss) for period | 4.8% | 23 | 22 | 27 | 24 | 23 | 21 |
| Other comp. income net of taxes | -159.1% | -5.5 | 12 | -4.26 | -7.55 | -2.52 | 20 |
| Total Comprehensive Income | -48.5% | 18 | 34 | 22 | 16 | 21 | 40 |
| Earnings Per Share, Basic | 5.4% | 3.74 | 3.6 | 4.31 | 3.859 | 3.79 | 3.34 |
| Earnings Per Share, Diluted | 5.4% | 3.74 | 3.6 | 4.31 | 3.859 | 3.79 | 3.34 |
| 13.8% |
| 92 |
| 81 |
| 71 |
| 65 |
| 54 |
| 56 |
| Finance costs | 8.3% | 14 | 13 | 11 | 12 | 13 | 16 |
| Depreciation and Amortization | 24% | 32 | 26 | 24 | 23 | 23 | 19 |
| Other expenses | 10.1% | 176 | 160 | 138 | 130 | 96 | 87 |
| Total Expenses | 5.7% | 743 | 703 | 595 | 536 | 425 | 383 |
| Profit Before exceptional items and Tax | 15.9% | 103 | 89 | 58 | 49 | 28 | 10 |
| Exceptional items before tax | -101.3% | 0 | 77 | 0 | 0 | 18 | -2.14 |
| Total profit before tax | -38.2% | 103 | 166 | 58 | 49 | 46 | 8.04 |
| Current tax | -33.3% | 25 | 37 | 15 | 13 | 14 | 1.34 |
| Deferred tax | -7.6% | -0.42 | -0.32 | -0.46 | -1.47 | -1.13 | -0.01 |
| Total tax | -33.3% | 25 | 37 | 15 | 11 | 13 | 1.32 |
| Total profit (loss) for period | -39.8% | 78 | 129 | 44 | 37 | 34 | 6.72 |
| Other comp. income net of taxes | -93% | 5.32 | 63 | 13 | 13 | 11 | -10.34 |
| Total Comprehensive Income | -57.1% | 83 | 192 | 57 | 50 | 45 | -3.62 |
| Earnings Per Share, Basic | -41.6% | 12.62 | 20.91 | 7.08 | 62 | 5.444 | 1.088 |
| Earnings Per Share, Diluted | -41.6% | 12.62 | 20.91 | 7.08 | 62 | 5.444 | 1.088 |
| 13.6% |
| 26 |
| 23 |
| 20 |
| 7.35 |
| 8 |
| 4.78 |
| Investment property | -5.4% | 2.41 | 2.49 | 2.48 | 2.65 | 2.74 | 2.82 |
| Non-current investments | 4.8% | 175 | 167 | 182 | 160 | 143 | 81 |
| Loans, non-current | -103.3% | 0 | 31 | 0 | 71 | 0 | 0 |
| Total non-current financial assets | 3.5% | 207 | 200 | 211 | 234 | 147 | 84 |
| Total non-current assets | 2.9% | 459 | 446 | 455 | 460 | 345 | 264 |
| Total assets | 5.7% | 960 | 908 | 907 | 831 | 704 | 610 |
| Borrowings, non-current | -30.4% | 2.79 | 3.57 | 3.65 | 3.42 | 4.33 | 6.08 |
| Total non-current financial liabilities | -18.2% | 10 | 12 | 13 | 14 | 4.57 | 175 |
| Provisions, non-current | 91% | 4.19 | 2.67 | 2.43 | 2.12 | 2.3 | 1.98 |
| Total non-current liabilities | 2% | 51 | 50 | 55 | 50 | 36 | 193 |
| Borrowings, current | -8.9% | 73 | 80 | 79 | 83 | 81 | 81 |
| Total current financial liabilities | 4.2% | 271 | 260 | 282 | 262 | 263 | 89 |
| Provisions, current | -377.8% | 0 | 1.36 | 1.33 | 1.33 | 1.21 | 1.21 |
| Current tax liabilities | - | 0 | 0 | 0.29 | 0 | 0 | 0 |
| Total current liabilities | 3.7% | 278 | 268 | 289 | 269 | 269 | 96 |
| Total liabilities | 3.5% | 329 | 318 | 344 | 320 | 306 | 288 |
| Equity share capital | 0% | 12 | 12 | 12 | 12 | 12 | 12 |
| Total equity | 7% | 631 | 590 | 563 | 511 | 399 | 322 |
| Total equity and liabilities | 5.7% | 960 | 908 | 907 | 831 | 704 | 610 |
| 4.5% |
| 24 |
| 23 |
| 15 |
| 18 |
| - |
| - |
| Other inflows (outflows) of cash | -663.6% | -0.24 | 1.22 | 1.03 | 1.02 | - | - |
| Net Cashflows From Operating Activities | 19.7% | 80 | 67 | 57 | 52 | - | - |
| Proceeds from sales of PPE | - | 0 | 0 | 3.84 | 2.8 | - | - |
| Purchase of property, plant and equipment | -10.2% | 54 | 60 | 42 | 34 | - | - |
| Proceeds from sales of investment property | 110.9% | 3.13 | 2.01 | 0 | 0 | - | - |
| Cash receipts from repayment of advances and loans made to other parties | 0% | 1.05 | 1.05 | 0 | 0 | - | - |
| Dividends received | 1.4% | 4.73 | 4.68 | 0.91 | 0 | - | - |
| Interest received | 925% | 2.32 | 0.84 | 0.67 | 0.48 | - | - |
| Other inflows (outflows) of cash | 95.4% | -2.1 | -66.18 | -0.41 | 5.78 | - | - |
| Net Cashflows From Investing Activities | 13.5% | -44.65 | -51.76 | -37.05 | -25.35 | - | - |
| Proceeds from borrowings | -98% | 1.09 | 5.41 | 6.1 | 7.34 | - | - |
| Repayments of borrowings | -36.4% | 4.25 | 6.11 | 8.28 | 18 | - | - |
| Payments of lease liabilities | 485.1% | 2.81 | 0.53 | 0.14 | 0.2 | - | - |
| Dividends paid | 20% | 4.36 | 3.8 | 2.94 | 3.73 | - | - |
| Interest paid | 0% | 13 | 13 | 11 | 12 | - | - |
| Net Cashflows from Financing Activities | -26.2% | -22.88 | -17.92 | -16.31 | -27.04 | - | - |
| Net change in cash and cash eq. | 380.6% | 12 | -2.92 | 3.23 | -0.69 | - | - |