Talbros Auto.
Talbros Auto. Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Targeting double-digit revenue growth for FY '27, exact guidance to be provided with audited results in May 2026. - Q4 FY '26 expected to be stronger than Q3 with improved exports growth, especially in Forging and Gasket segments. - Gasket business to grow ~15% YoY in Q4 FY '26; Forging business expected to grow ~5%. - Marelli business anticipated to grow 20%, Marugo business 10%+ in Q4 FY '26 vs. Talbros Automotive targets double-digit revenue growth for FY '27 and FY '28, with exact guidance to be provided after May audited results.
From Talbros Auto.'s Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Targeting double-digit revenue growth for FY '27, exact guidance to be provided with audited results in May 2026.
- Q4 FY '26 expected to be stronger than Q3 with improved exports growth, especially in Forging and Gasket segments.
- Gasket business to grow ~15% YoY in Q4 FY '26; Forging business expected to grow ~5%.
- Marelli business anticipated to grow 20%, Marugo business 10%+ in Q4 FY '26 vs. last year.
- INR1,100 crores revenue target by FY '27, INR1,400 crores top line possible by FY '28 for Gasket and Forging divisions, and INR2,000 crores at company level.
- Order book includes INR250 crores Gasket/Heat Shield over 5 years, commercializing progressively through FY '27 and FY '28.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Talbros Auto. said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Talbros plans a capex of around INR155 crores for FY '27 to support growth and new orders, especially in Forging, Marelli, and setting up a new Gujarat facility.
- INR115 crores of this capex is earmarked for forging and standalone business; balance is for other divisions.
- Capex will be completed by December 2026 with major investments in plant & machinery and some building infrastructure.
- An additional INR25-30 crores debt will be taken for short-term capex funding.
- Investment in new presses (including a INR2,500 lakh press) and CNC machines for Forging.
- Ongoing Marelli capex of INR23 crores to enhance existing plants' capacity.
- New facility setup planned in Gujarat by FY '27-28 end to cater to customers based in that region.
2 more points management made on capital expenditure plans
Top-ranked in Auto Components
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Talbros Auto. said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Talbros Automotive has secured new orders worth INR 1,000 crores to be executed over the next five years.
- Of these, nearly INR 700 crores are export orders.
- Approximately INR 100 crores of the orders are for electric vehicle cars.
- The INR 1,000 crores order translates to about INR 200 crores per annum.
- The INR 250 crores order in Gasket and Heat Shields is over 5 years, averaging INR 50 crores per annum, with phased commercialization starting July, October, and January; full impact by FY '27-'28.
- The current order book supports continued double-digit revenue growth.
2 more points management made on order book & pipeline
Talbros Auto. — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹237 Cr, net profit ₹32 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Talbros Auto.'s management said in earlier quarters
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Frequently Asked Questions
What were Talbros Auto. Q3 FY26 results?
Targeting double-digit revenue growth for FY '27, exact guidance to be provided with audited results in May 2026. - Q4 FY '26 expected to be stronger than Q3 with improved exports growth, especially in Forging and Gasket segments. - Gasket business to grow ~15% YoY in Q4 FY '26; Forging business expected to grow ~5%. - Marelli business anticipated to grow 20%, Marugo business 10%+ in Q4 FY '26 vs. Talbros Automotive targets double-digit revenue growth for FY '27 and FY '28, with exact guidance to be provided after May audited results.
What is Talbros Auto. share price analysis?
Talbros Auto. currently shows a neutral. The stock trades at a P/E of 23.1 with a market cap of ₹2,590 Cr. Investors should review the full earnings analysis for detailed insights.
Is Talbros Auto. planning capital expenditure?
Talbros plans a capex of around INR155 crores for FY '27 to support growth and new orders, especially in Forging, Marelli, and setting up a new Gujarat facility.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.