Deals27 Nov 2024, 02:14 pm
Talbros Automotive Components Secures Multi-Year Orders Worth ~Rs. 475 Crore
AI Summary
Talbros Automotive Components Limited (TACL), along with its JV’s, has secured orders worth ~Rs. 475 crores for both domestic and exports market from leading OEM’s. These orders are to be executed over the period of next 5 years and include orders from all the company’s product lines like gaskets, heat shields, forging components, chassis and hoses. The orders include ~Rs. 345 crores from the sealing business for gaskets and heat shield products, ~Rs. 35 crores for chassis components, ~Rs. 23 crores for forging business, and ~Rs. 70 crores in the domestic market for products like Hoses and A/V. These orders will help further enhance the company's revenue visibility and improve profitability.
Key Highlights
- Orders worth ~Rs. 475 crores secured for both domestic and exports market
- Orders to be executed over the period of next 5 years
- Orders include all the company’s product lines like gaskets, heat shields, forging components, chassis and hoses
- Orders include ~Rs. 345 crores from the sealing business for gaskets and heat shield products
- Orders include ~Rs. 70 crores in the domestic market for products like Hoses and A/V