Talbros Automotive Components Secures Multi-Year Orders Worth Rs. 580 Crores

Talbros Automotive Components Ltd. has secured multi-year orders worth approximately Rs. 580 crores. These orders are from leading OEMs for both domestic and export markets and are to be executed over the next five years. The orders include products from all the company’s product lines like gaskets, heat shields, forging components, chassis and hoses. The company has received orders worth ~Rs. 260 crores from the sealing business for gaskets and heat shield products and forgings products. Of this, ~Rs. 180 crores is for the gasket & heat shield segment and the remaining ~Rs. 80 crores is for the forgings division. The company has also received orders worth ~Rs. 290 crores through its JV (Marelli Talbros Chassis Systems) for chassis components, of which ~50% are for the EV segment. Additionally, the company has received orders worth ~Rs. 30 crores in the domestic market for products like Hoses and A/V through its JV (Talbros Marugo Rubber). These orders will enhance the company's revenue visibility and improve profitability.