Name: Latest research reports of Talbros Automotive Components Ltd. authored by Karvy and published by - Trendlyne research reports.
Item: Talbros Automotive Components Ltd.
Rating: 3
Author: Karvy

Talbros Automotive Components Ltd: Consistent Addition of New Clients to Drive T... (Nov 26, 2016)

Hold: Talbros Automotive Compone...

Recommendation Target

Karvy

Consistent Addition of New Clients to Drive Top-line: Consolidated Q2FY17 revenues stood at Rs. 1062 Mn up by 8.9% YoY and down by0.9% QoQ. EBITDA margins stood at 10.5% in Q2FY17, strained by 10bps/31bps for QoQ/YoY at 10.5% due to rupee depreciation in the gasket business. EBIT margin recorded 6.9% same as Q1FY17 but 145bps down YoY due to additionalcapex on account of their heat shield plant.