Conference Call with Talbros Automotive Components Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Auto Parts & Equipment company Talbros Automotive Components announced Q3FY25 results Total Income from Operations for Q3FY25 grew by 1% YoY to Rs 204.4 crore from Rs 201.5 crore. EBITDA increased by 7% YoY, reaching Rs 35.6 crore compared to Rs 33.2 crore, with EBITDA Margin expanding to 17.4% from 16.5%. Profit After Tax (PAT) rose by 5% YoY to Rs 23.8 crore from Rs 22.7 crore, with PAT Margin improving to 11.7% from 11.3%. Anuj Talwar, Jt. Managing Director, TACL said, “In Q3FY25, revenues remained stable, driven by strong domestic sales but offset by a decline in exports to European markets due to a slowdown in the region's auto sector. Despite this, we increased our EBITDA by 7% and improved margins by 90 basis points to 17.4%, driven by cost efficiencies. We are continually looking at effective execution of a robust order pipeline and improvements in operational efficiencies. For 9MFY25, revenues grew by 9% to Rs 634 crore with EBITDA Margins improving to 17.0%, an increase of 130 basis points. Our ongoing efforts to enhance margins over the past few quarters have yielded positive results. Profit after Tax has grown by 13% to Rs 68 crore. In FY24, the Company secured new orders worth Rs 980 crore. In the first nine months of FY25, we further strengthened our order book with significant new orders totaling Rs 1,475 crore, with execution already underway for select projects. This shift from order acquisition to execution marks a crucial milestone, driving revenue generation and reinforcing our growth trajectory. Secured from leading OEMs across domestic and export markets, these orders reflect the strong market confidence in TACL and its joint ventures. Notably, the portfolio includes EV orders from top OEMs. As the shift towards electric vehicles accelerates, we have strengthened our EV offerings by securing contracts from domestic and international OEMs while collaborating with our JV partner and forgings business to expand our focus on the EV segment. To capitalize on emerging opportunities in both domestic and international markets, we will continue adopting a diversified and strategically balanced approach as an auto component provider. This strategy aims to mitigate market fluctuations and meet varied customer demands by maintaining exposure across different segments, geographies, and product lines. Looking ahead, we remain focused on executing our strong order pipeline while continuously enhancing operational efficiencies. We are committed to our long-term vision of becoming a leading global player in the automotive components manufacturing industry. As we pursue this goal, we remain focused on driving continuous progress and development while proactively adapting to future market needs to ensure the sustained relevance of our offerings.” Result PDF
Auto Parts & Equipment company Talbros Automotive Components announced H1FY25 results Income from Operations: Rs 429 crore, change +12% YoY. EBITDA: Rs 72 crore, change +23% YoY. PBT: Rs 56 crore, change +19% YoY. PAT: Rs 44 crore, change +18% YoY. Anuj Talwar, Jt. Managing Director, TACL said: During the first half of FY25, TACL demonstrated substantial growth in both business performance and profitability despite a slowdown in OEM manufacturing. This progress was fueled by effective execution of a robust order pipeline and improvements in operational efficiencies. For H1FY25, total revenue grew by 12% YoY to Rs 429 crore, with EBITDA Margins at 16.7%. We have been working on improving our margins for past few quarters and we are able to achieve that in the first half as well, where are margins has improved by 140bps over H1FY24. Over the last 18 months, we secured several substantial new orders exceeding Rs 2,000 crore. A number of these projects are now entering the commercialization phase. This marks an important step as we transition from order acquisition to execution, setting the stage for revenue generation and reinforcing our growth trajectory. The trend towards EV is expanding, and we've also strengthened our EV portfolio, securing orders from both domestic and overseas OEM and expanding our focus on EVs through our JV partner and from standalone business in the Forgings business. To fully leverage the expanding opportunities in both domestic and international markets, we will maintain a diversified and strategically hedged approach as an auto component provider. Our goal is to ensure that we remain resilient to market fluctuations and able to meet varied customer demands by having a balanced exposure across different segments, geographies, and product lines. Capitalizing on order inflows from leading OEMs, we anticipate a strong upward trajectory in our business and profitability with increased focus on expanding exports business which shall assist in improving margins going ahead.” Result PDF
Auto Parts & Equipment company Talbros Automotive Components announced Q1FY25 results: Income from operations: Rs 209 crore, +13% YoY EBITDA: Rs 35 crore, +24% YoY PBT: Rs 26 crore, +20% YoY PAT: Rs 21 crore, +18% YoY Commenting on the performance Anuj Talwar, Jt. Managing Director, Talbros Automotive Components, said: “During Q1FY25, TACL’s revenue has grown by 13% Y-o-Y, EBITDA growing by 24% Yo-Y and Profit After Tax growing by 18% to Rs 21 crore. This growth is driven by effective order execution and operational efficiencies. Subdued demand in the CV segment was managed with improved export sales and better cost controls. Capitalizing on consistent order inflows from leading OEMs, the Company anticipates a strong upward trajectory in business and profitability. Additionally, in order to fully leverage the expanding opportunities, present in both domestic and international markets, we are committed to maintaining a diversified and strategically hedged position as a leading provider of auto components. We recognize the importance of adaptability and resilience in a competitive landscape and will continue to follow our well-established strategy of enhancing our product portfolio. This will be achieved by consistently introducing innovative and valueadded products that meet the evolving needs of our customers. By doing so, we aim to not only strengthen our market presence but also drive sustainable growth and long-term success for the company.” Result PDF
Conference Call with Talbros Automotive Components Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.
Auto Parts & Equipment company Talbros Automotive Components announced Q4FY24 & FY24 results: Income: Rs 791 crore up by 21% EBITDA: Rs 127 crore up by 36% PBT Rs 104 crore up by 48% PAT: Rs 83 crore up by 49% For FY24 Exports Contributed 15% of Gaskets Revenue, 54% of Forgings Revenue, 17% Marelli Talbros Chassis Systems, 6% of Talbros Marugo Rubber The Board of Directors has recommended Final Dividend of Rs 0.50 per Equity Share of Face Value of Rs 2 each of the Company (25% of Face Value). Total Dividend for FY:2023-24 stood at Rs 0.70 per Equity Share (including Interim Dividend of Rs 0.20 per Equity Share) Commenting on the performance Anuj Talwar, Jt. Managing Director, Talbros Automotive Components Limited said: “For FY24, TACL has demonstrated robust growth throughout the year in terms of business performance and profitability on back of strong order execution and operational efficiencies. For FY24, Total Revenue grew by 21% YoY at Rs 791 crore with EBITDA margins at 16.1%. In Q4 FY24, Company has reported strong revenue growth at 17% YoY, with a 32% increase in EBITDA to Rs. 36 crore and a 35% growth in Net Profit to Rs 23 crore. Over the last two years company has been consistently securing new orders throughout product segments. Even in FY25, Company has secured, through our JV, order of Rs 1,000 crore from a leading European OEM. This order is centered on the supply of Suspension Arms tailored for both conventional ICE vehicles and new age EV platforms for EMEA and NAFTA regions. This order adds a new customer for TACL group in Europe. This will further improve the market share in Europe and open new avenues of growth with existing and new OEMs in that region. Result PDF