Any current/future new fundraising through debt or equity?

No explicit mention of any immediate or planned fundraising through debt or equity in the transcript. The discussion on Capex and joint venture funding indicates: - JV (Lohum) capex requirement of INR 70 crores over the next 2 years. - Funding for the JV planned as 40% equity and 60% debt. No other new debt or equity fundraise announcements or plans indicated for Talbros Automotive Components Limited outside of this JV setup. Focus appears to be on operational growth, new orders, and ramping up existing businesses rather than fresh large-scale fundraising.

Any current/future capex/capital investment/strategic investment?

Current year's capex focused on Gasket and Forging divisions, totaling around INR 50 crores. Additional capex of INR 8 crores for the Marugo Rubber business. Significant capex of around INR 60 crores spent in the Marelli business this year. New JV with Lohum Cleantech involves a planned capex of INR 70 crores over the next 2 years. The JV capex will be financed with 40% equity and 60% debt. Planned investments aim to ramp up the JV and expand capabilities in recovering carbon black and devulcanized rubber. These investments align with growth, product diversification, and technology expansion s

Future growth expectations in earnings/operating earnings/profits/EPS?

Full-year revenue expected around INR1,750 to INR1,800 crores in FY26, with 10% growth full year (Q2 flat, strong recovery in H2) EBITDA margins steady around 16.5%, supported by improved product mix and operational excellence Lohum JV targeting INR500-600 crores revenue over next 5 years with 15-18% EBITDA margins due to low raw material costs Second half FY26 (Q3, Q4) expected to be "much, much better" driven by domestic GST cuts and ramp-up in export orders (Europe, Stellantis project) New large orders and joint ventures expected to boost growth; announcements planned by March 2026

Current/ Expected Orderbook/ Pending Orders?

Talbros won two large orders close to INR 500 crores last year. Navin Juneja mentioned that new orders are coming, but specifics will be announced when the order amount becomes sufficient. The company expects to provide an update on order book status by March. New customer additions include Kia (INR 13-15 crores annually), Kamaz Russia (INR 10 crores annually), and Cummins gasket (INR 10 crores annually), all expected to start production around January-February 2026. Orders from Mercedes in the Europe business are starting, with sample supplies in Nov-Dec and volume growth expected from Januar

IN US

Sale is live|00:00:00left today

Talbros Automotive Components LtdQ3 FY25Auto Components

Talbros Automotive Components Ltd Q3 FY25 Earnings Call Analysis

Revenue, margin, capex, fundraise and order book outlook from management commentary.

Price: ₹406P/E: 20.1Market Cap: ₹2.0K CrSector: Auto Components

Management growth scorecard

Revenue

Category 3

Margin

Category 3

Fundraise

N/A

Order

N/A

Capex

Yes

1 of 3 growth signals are positive — mixed outlook.

Full analysis

Revenue guidance

Category 3

Future growth expectations for Talbros Automotive Components Limited: - Full-year revenue growth expected at around 10% for FY26. - Anticipated strong demand and better performance in Q3 and Q4 FY26, driven by GST cuts and festive season recovery. - Target revenue of INR1,750 to 1,800 crores for the next year (FY27), including INR1,100 crores from core divisions plus Marelli and Marugo businesses. - Export revenue expected to increase from current 26% to approximately 35% by FY27, supported by new large orders like Stellantis (INR100-150 crores order starting January). - New joint venture with Lohum Cleantech projected to contribute INR500-600 crores over the next 5 years with healthy EBITDA over 15%. - New customer additions expected to add incremental annual revenue between INR10-15 crores each (e.g., Kia, Kamaz, Cummins). - Recovery from recent cyberattack disruption expected to be complete by December 2025, boosting volumes and revenues.

Margin guidance

Category 3

→Full-year revenue expected around INR1,750 to INR1,800 crores in FY26, with 10% growth full year (Q2 flat, strong recovery in H2)
→EBITDA margins steady around 16.5%, supported by improved product mix and operational excellence
→Lohum JV targeting INR500-600 crores revenue over next 5 years with 15-18% EBITDA margins due to low raw material costs
→Second half FY26 (Q3, Q4) expected to be "much, much better" driven by domestic GST cuts and ramp-up in export orders (Europe, Stellantis project)
→New large orders and joint ventures expected to boost growth; announcements planned by March 2026
→Strong pipeline including new customers like Kia, Kamaz, Cummins, and new exports to Mercedes, JCB, Daimler, & others
→Long-term goal to increase export contribution from ~26% to around 35% by FY27, aiding margin expansion

3 more insights locked — sign up free to unlock

Fundraise plans

→No explicit mention of any immediate or planned fundraising through debt or equity in the transcript.
→The discussion on Capex and joint venture funding indicates:
→ - JV (Lohum) capex requirement of INR 70 crores over the next 2 years.
→ - Funding for the JV planned as 40% equity and 60% debt.
→No other new debt or equity fundraise announcements or plans indicated for Talbros Automotive Components Limited outside of this JV setup.
→Focus appears to be on operational growth, new orders, and ramping up existing businesses rather than fresh large-scale fundraising.

Order book

→Talbros won two large orders close to INR 500 crores last year.
→Navin Juneja mentioned that new orders are coming, but specifics will be announced when the order amount becomes sufficient.
→The company expects to provide an update on order book status by March.
→New customer additions include Kia (INR 13-15 crores annually), Kamaz Russia (INR 10 crores annually), and Cummins gasket (INR 10 crores annually), all expected to start production around January-February 2026.
→Orders from Mercedes in the Europe business are starting, with sample supplies in Nov-Dec and volume growth expected from January.
→Production start for a large Stellantis export order of INR 100-150 crores anticipated from January 2026.
→Export business order recovery from a cyberattack is expected to reach 100% by December 2025.

Capex plans

Yes

→Current year's capex focused on Gasket and Forging divisions, totaling around INR 50 crores.
→Additional capex of INR 8 crores for the Marugo Rubber business.
→Significant capex of around INR 60 crores spent in the Marelli business this year.
→New JV with Lohum Cleantech involves a planned capex of INR 70 crores over the next 2 years.
→The JV capex will be financed with 40% equity and 60% debt.
→Planned investments aim to ramp up the JV and expand capabilities in recovering carbon black and devulcanized rubber.
→These investments align with growth, product diversification, and technology expansion strategies targeting profitability and sustainability.

How does Talbros Automotive Components Ltd rank vs peers in Auto Components?

Pro feature

1Talbros Automotive Components Ltd

Rev 3Mar 3

See full Auto Components sector rankings

Want more stocks like Talbros Automotive Components Ltd?

Build an AI portfolio filtered by sector, market cap, and growth rank. Takes 2 minutes.

Build my portfolio