Talbros Automotive Components Limited · NSE:TALBROAUTO
Talbros Automotive Components — Q3 FY2026 Earnings Presentation
35 slides from Talbros Automotive Components's earnings presentation, February 2026
Slide 1: Q3 & 9M FY26 Investor Presentation
Driving Future Leadership Q3 & 9M FY26 INVESTOR PRESENTATION February 2026
Slide 2: Safe Harbor
Safe Harbor This presentation has been prepared by and is the sole responsibility of Talbros Automotive Components Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or in
Slide 3: Q3 & 9M FY26 Financial Highlights
Q3 & 9M FY26 Financial Highlights
Slide 4: TACL Standalone and Group Structure
Talbros Automotive Components Limited (TACL) - Group Group Turnover: ₹ 996 Crs. in 9MFY26 | ₹. 940 Crs. in 9MFY25 6% Sealing Division Marelli Division (50% JV) Marelli Talbros Chassis Revenue Revenue Systems Pvt Ltd ₹ 430 Crs. ₹ 414 Crs. 4% ₹ 243 Crs. ₹ 209 Crs. 16% 9MFY26 9MFY25 9MFY26 9MFY25 TACL
Slide 5: Q3 & 9M FY26 Consolidated Financial Highlights
Q3 & 9M FY26 Consolidated Financial Highlights Q3 FY26 vs Q3 FY25 Total Income from Operations ^ EBITDA^ / EBITDA Margin (%) Profit After Tax / PAT Margin (%) ₹ 220.4 Crs. ₹ 39.8 Crs. / 18.0% ₹ 27.2 Crs. / 12.3% (+ 8.0% YoY) (+ 11.7% YoY) / (+60 bps YoY) (+ 14.2% YoY) / (+60 bps YoY) 9M FY26 vs 9M F
Slide 6: Q3 & 9M FY26 Consolidated Financial Highlights by Segment
Q3 & 9M FY26 Consolidated Financial Highlights Q3 FY26 vs Q3 FY25 Gasket & Heat Shield Forgings MTCS TMR (53% of Revenue) (24% of Revenue) (16% of Revenue) (7% of Revenue) (49% - Gaskets) (4% - Heat shields) Revenue ₹152.5 Crs. ₹67.9 Crs. ₹90.2 Crs. ₹39.4 Crs. +12% YoY +1% YoY +25% YoY +25% YoY EBIT
Slide 7: New Order Update
New Order Update TACL along with its JV’s has received orders worth over ₹ 1,000 crores ₹ 250 Crs. ₹ 500 Crs. ₹ 90 Crs. ₹ 170 Crs. Includes export orders through Secured orders in the forgings Order includes ~ ₹. 110 crores of the MTCS JV, for BIW business. A significant portion Secured orders throu
Slide 8: Consolidated P&L Statement
Consolidated P&L Statement Particulars (Rs. in crores) Q3 FY26 Q3 FY25 Y-o-Y 9M FY26 9M FY25 Y-o-Y Revenue from Operations 213.6 201.5 6% 633.5 621.2 2% Other Income 6.9 2.9 14.4 12.6 Total Revenue from Operation 220.4 204.4 8% 647.9 633.8 2% Raw Material 110.9 105.6 330.2 331.9 Employee Cost 25.0 2
Slide 9: Diversified Revenue Mix
Diversified Revenue Mix Breakup (Type of Market)* By Market Segment FY25 9M FY26 8% 8% 17% 16% 3% 3% 2 & 3 Wheelers 34% 34% 27% 25% Passenger Vehicles FY25 9M FY26 62% 64% 23% 22% HCV & LCV 12% 14% Agri & Off Loaders OEMS Exports Aftermarket Others 14% 14% Others 9 *Proportionate share of JV Talbros
Slide 10: Export Profile
Export Profile Well-Positioned to Capitalise on Global OEM Sourcing Shifts ✓ Diversified exports with Europe & UK comprising UK: 55% of ~80% Europe: 24% ✓ Structural challenges in Europe’s auto industry— America: 14% weak OEM and Tier-1 balance sheets—are driving supplier consolidation and sourcing
Slide 11: Diversified Customer Base
Diversified Customer Base 9M FY26 Hedged Customer Base Top 10 customers Maruti Suzuki 20.0% 2 Wheeler Tata Motors 8.0% Jaguar Land Rover 8.0% Passenger Bajaj Auto 7.0% Tata Cummins 7.0% HCV/LCV JCB 5.0% BMW 4.0% VE Commercial 3.0% Agri & Off Loader Dana Italia SRL 3.0% Cummins India 2.0% 11 Talbros
Slide 12: Business Verticals
talbf{Os Business Verticals
Slide 13: Gasket & Heat Shields Business
Gasket & Heat Shields Business Market Leader Total Income ✓ ~50% Market share in Gaskets 3x the nearest competitor +18% 515 556 ✓ Market Leader in – Two-Wheeler, Agri & Off Loaders, HCV & LCV 382 433 431 segment 287 ✓ Single Source Supplier for 5 of our customers FY21 FY22 FY23 FY24 FY25 9MFY26 Segm
Slide 14: Forgings Business
Forgings Business One Stop Solution Provider ✓ One stop solution for Hot Forging (750 to 2,500 Ton Press) Total Income ✓ Strong presence in Overseas Market & Supplier to Top Tier I 5% +14% from EV companies 277 290 220 219 ✓ One Stop Solution for Die Design, Machine parts and Heat 170 204 treatment
Slide 15: Strong Global Partnerships – Joint Ventures (MTCS)
Strong Global Partnerships – Joint Ventures (MTCS) Total Income 4% from EV 285 Marelli Talbros Chassis Systems Pvt. Ltd. (MTC) +23% 260 243 210 ✓ Marelli S.p.a (Milano) - A global automotive supplier with annual revenue of over € 6 Bn 165 ✓ 50:50 partnership commenced production in April 2012 124 ✓
Slide 16: Strong Global Partnerships – Joint Ventures (TMR)
Strong Global Partnerships – Joint Ventures (TMR) Total Income Talbros Marugo Rubber Pvt. Ltd. (TMR) +33% 123 130 105 ✓ Marugo Rubber Industries Ltd (Japan) - Global leader in supply of Anti-Vibration Product and 85 Hoses 55 ✓ 50:50 partnership commenced production in February 2013 41 ✓ 100% Sales t
Slide 17: Lohum Talbros Carbon Pvt. Limited – Joint Venture
Lohum Talbros Carbon Pvt. Limited – Joint Venture LOHUM TALBROS CARBON PVT. LTD Talbros Automotive Components Ltd Lohum Cleantech Private Ltd 49% 51% Product Overview Industry Overview Scope of Business Funding Plans ✓ Recovered Carbon Black (rCB): ✓ Virgin carbon black is a ~$27 B ✓ The JV is a tec
Slide 18: Capex Plans
Capex Plans Capacity Utilization (9MFY26) Additional Capex to reach revenues in FY27e In INR Crs. 85% Gasket & Heat Shields 5 25 30 To be funded by Internal Accruals & some borrowings 80% Forgings 5 80 85 Marelli Talbros Chassis Systems* (MTCS) 3 50 53 74% These amounts will be funded by respective
Slide 19: Product Profile
talbf{Os Product Profile
Slide 20: Product Profile – Gasket Division (1/3)
Product Profile – Gasket Division (1/3) Cylinder Head Gasket Exhaust Gasket Gasket in 2 Wheelers Clutch Cover Gasket Stator Cover Gasket Stator Cover Gasket Oil Pan Gasket 20 Talbros Automotive Components Limited
Slide 21: Product Profile – Gasket Division (2/3)
Product Profile – Gasket Division (2/3) Rubber Muffler Gasket Gasket Gasket & Heat shield in Passenger Car Heat Shield Electric Drive Unit Exhaust Gasket (Electric Vehicle) Cylinder Head Gasket Shroud, Main housing Gasket Front Cover 21 Talbros Automotive Components Limited
Slide 22: Product Profile – Gasket Division (3/3)
Product Profile – Gasket Division (3/3) Integrated Wire Harness Gasket Cylinder Head Gasket Heat Shield Intake manifold gasket Gasket & Heatshield in Truck EGR Gasket Exhaust manifold gasket Oil Pan Gasket 22 Talbros Automotive Components Limited
Slide 23: Product Profile - Forging Division: Off Highway
Product Profile - Forging Division End Eye Dump End Forged and machined Forged and machined Off Highway – Components Bucket Link Tipping Link 23 Talbros Automotive Components Limited
Slide 24: Product Profile - Forging Division: Commercial Vehicles
Product Profile - Forging Division Commercial Vehicles – Components End Yokes Brake Piston Tube Yoke Input Flange Companion Flange 24 Talbros Automotive Components Limited
Slide 25: Product Profile - Forging Division: Passenger Vehicles
Product Profile - Forging Division Adapter Field Module Spring Support Recovery Eyes Towing Hook Passenger Vehicles – Components Blank Ring Gear and Bushes Adapter Spring Field Module Support Recovery Eyes Tie Bar Intermediate Gear shaft Differential Housing 25 Talbros Automotive Components Limited
Slide 26: Product Profile – MTCS
Product Profile – MTCS Part Name: Rear Toe Link R/L for Passenger Car Part Name: Arm Assy. Front Suspension R/L for Passenger Car 26 Talbros Automotive Components Limited
Slide 27: Product Profile – TMR
Product Profile – TMR Variation control parts in Passenger Car Parts for Truck Dust Covers Bearing Cushion Muffler Hangers Bushings Arm shaft UR and LWR Bushings Bump Rubbers Other Parts Radiator Hose Bump Rubbers Engine Mount Muffler Hangers Air Duct Stopper Muffler Hungers Mount Stabibar Intercool
Slide 28: Annexures
talbf{Os Annexures
Slide 29: Strong Board of Directors
Strong Board of Directors Visionary Promoter team with Decades of Industry Experience Mr. Naresh Talwar Mr. Umesh Talwar Mr. Varun Talwar Mr. Anuj Talwar Mr. Navin Juneja Mr. Vidur Talwar Chairman Vice Chairman & MD Joint Managing Joint Managing Director & Group CFO Non-Executive Director Director D
Slide 30: Executive Management Team
Executive Management Team Mr. Manish Khanna Mr. Suresh Sharma Mr. Vivek Singh Chief Financial Officer President – Gaskets Division President – Forging Division • A Qualified CA and MBA • He is an engineer and MBA (Operations) • He holds a Mechanical Engineering degree and has a rich experience in •
Slide 31: Awards & Recognition
Awards & Recognition Zero defect performance Part design and Yield improvement award Bajaj - Quality Award award 2023-24 development 2023-24 2023-24 Kirloskar New Product Kaizen Star EEPC – Export Excellence Award Recognition for Development Award Award Achieving 31 Talbros Automotive Components Lim
Slide 32: Historical Consolidated Profit & Loss Statement
Historical Consolidated Profit & Loss Statement Particulars (Rs. Crores) FY25 FY24 FY23 Revenue from Operations 827.1 778.3 647.2 Other Income 17.7 12.6 6.2 Total revenue from Operation 844.7 790.9 653.4 Raw Material 429.4 422.5 351.1 Employee Cost 92.3 81.1 70.7 Other Expenses 175.9 160.0 138.1 EBI
Slide 33: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet ASSETS (Rs. Cr.) Mar-25 Mar-24 Mar-23 EQUITY AND LIABILITIES (Rs. Crs.) Mar-25 Mar-24 Mar-23 Non-current assets Equity Property, plant and equipment 217.7 209.0 168.0 Equity Share capital 12.3 12.3 12.3 Capital work in progress 22.7 7.3 4.8 Other equity 620.3 52
Slide 34: Historical Consolidated Cash Flow Statement
Historical Consolidated Cash Flow Statement Particulars (Rs. Crores) FY25 FY24 FY23 PBT 119.4 146.7 70.3 Adjustments 16.7 -23.5 22.1 Operating profit before working capital changes 136.2 123.2 92.4 Changes in working capital -32.3 -33.7 -20.5 Cash generated from operations 103.8 89.4 71.9 Direct tax
Slide 35: Thank You!
Driving Future Leadership THANK YOU ! For further information, please contact: Company: Talbros Automotive Components Limited CIN: L29199HR1956PLC033107 Ms. Seema Narang seema_narang@talbros.com www.talbros.com Investor Relations Advisors: Strategic Growth Advisors Pvt. Ltd. CIN: U74140MH2010PTC2042
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