Talbros Automotive Components secures multi-year orders worth ₹400 crores, including significant EV orders
₹400 crore, reaching a fresh 52-week high of ₹826.35. Over the past 1 months, the stock of this auto components and equipment company has surged by 30 percent. The stock is up 41 per cent year-to-date and 55 per cent in the last one year.
The company's consolidated net profit jumped 33.9% to ₹16.88 crore on 18.2% rise in Total income from operations to ₹174.95 crore in Q4 FY23 over Q4 FY22.Data revealed that ace investor Vijay Kedia bought stake in auto ancillary during the December 2021 quarter and Dolly Khanna invested in the company, a year ago in the December 2020 quarter. According to the latest shareholding pattern of Talbros Automotive Components, Dolly Khanna increased her stake in the company by 0.47% during the June 2023 quarter. Orders for stamped metal body parts in the colour white worth more than Rs.
165 crores over the course of five years have been received from a reputable and well-known export OEM (the expected SOP for these goods is FY25). This purchase was made via the Joint Venture, Marelli Talbros Chassis Systems Pvt. Ltd.
The company also received orders for forgings products from export customers for more than 50 crores during a five-year period, including those for Planetary Gear, Brake Pistone, Spacer, Ring Gear, and many more. Received orders for the heat shield products worth Rs. 65 crores from several domestic OEMs for more than 5 years.
These orders cover various cutting-edge heat shield technologies. Throughout a five-year period, the company has received orders for its gasket products totaling 120 crores of rupees from both domestic and international OEM clients. Among them is a 40 crore rupee order for electric vehicles from a renowned international OEM.
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