Talbros Automotive Components Ltd

About Talbros Automotive Components Ltd

Talbros Automotive Components Ltd. is a leading Indian manufacturer of automotive components. It specializes in gaskets, suspension products, forgings, anti-vibration products, and heat shields. Serving global OEMs and aftermarket segments, Talbros caters to a wide range of vehicles including two-wheelers, passenger cars, commercial vehicles, and off-highway applications, establishing a strong market position.

Key Financial Ratios of Talbros Automotive Components Ltd

• P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Talbros Automotive Components Ltd's P/E ratio (TTM) is 30.81, compared to the industry median of 29.85 and large cap median of 28.55.

• P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Talbros Automotive Components Ltd's P/B ratio is 3.49, compared to the industry median of 3.14 and large cap median of 3.08.

• P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Talbros Automotive Components Ltd's P/S ratio is 2.93, compared to the industry median of 1.66 and large cap median of 1.61.

• PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Talbros Automotive Components Ltd's PEG ratio is 1.32.

• EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Talbros Automotive Components Ltd's EV/EBITDA ratio is 13.84.

• Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Talbros Automotive Components Ltd's ROE is 14%.

• Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Talbros Automotive Components Ltd's ROA is 12.63%.

• Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Talbros Automotive Components Ltd's ROCE is 19%.

• Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Talbros Automotive Components Ltd's operating margin is 15.75%.

• Net Margin: Net margin shows what percentage of revenue converts into final net profit. Talbros Automotive Components Ltd's net margin is 11.95%.

• Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Talbros Automotive Components Ltd's current ratio is 1.78.

• Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Talbros Automotive Components Ltd's debt-to-equity ratio is 0.01.

• Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Talbros Automotive Components Ltd's interest coverage ratio is 11.08.

• Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Talbros Automotive Components Ltd's DPS is ₹0.67.

• Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Talbros Automotive Components Ltd's EPS is 10.26.

(Source line: "Ratios as of 24 Aug 2026, based on last traded price of ₹418.40. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")

Key Facts

• Founded: 1956 (as Talbros Private Limited)

• Headquarters: Gurgaon, Haryana

• Core Offerings: Gaskets, Forgings, Anti-Vibration Products, Suspension & Chassis Parts, Heat Shields

• Stock Listing: NSE (TALBROAUTO), BSE (505160)

• Promoter: Talwar Group / Talwar Family

History of Talbros Automotive Components Ltd

Founded in 1956 by the Talwar family, Talbros initially focused on manufacturing gaskets. Over the decades, the company expanded its product portfolio and established key technical collaborations, notably with Nippon Leakless Corporation of Japan. The 1990s and 2000s saw significant growth in manufacturing capabilities and client base, including global OEMs. Talbros diversified into forgings, anti-vibration products, and suspension components, forming strategic joint ventures with international leaders like Marugo Rubber (Japan) and Magneti Marelli (Italy, now Marelli), solidifying its position as a comprehensive automotive component supplier.

Business Segments and Revenue Mix

• Gaskets: Manufacturing of various types of gaskets, including engine, exhaust, and specialty gaskets for automotive and industrial applications, often through its collaboration with Nippon Leakless Corporation.

• Forgings: Production of critical forged components for automotive and non-automotive sectors, including crankshafts, connecting rods, and gear blanks, serving OEMs and aftermarket.

• Anti-Vibration Products (Rubber Products): Through its joint venture with Marugo Rubber Industries Ltd. (Talbros Marugo Rubber Pvt. Ltd.), it manufactures anti-vibration products like engine mounts, suspension bushes, and other rubber-to-metal bonded parts.

• Suspension & Chassis Systems: Via its joint venture with Marelli (Marelli Talbros Chassis Systems Pvt. Ltd.), the company manufactures suspension and chassis components for various vehicle segments.

Key Personnel

Harash Talwar (Chairman): Seasoned leader guiding the company's strategic vision and overall governance. Varun Talwar (Managing Director): Responsible for the company's day-to-day operations and growth initiatives.

Subsidiaries and Associate Companies

• Talbros Engineering Limited (Wholly Owned Subsidiary - Forgings)

• Talbros Marugo Rubber Private Limited (50:50 Joint Venture - Anti-Vibration Products)

• Marelli Talbros Chassis Systems Private Limited (50:50 Joint Venture - Suspension & Chassis Systems)

Corporate Actions

Bonus issue in 2022 in the ratio of 1:1 (one bonus share for every one equity share held).

References

1. Talbros Automotive Components Ltd. Annual Report FY2023-24
2. Talbros Automotive Components Ltd. Investor Presentations (Q4 FY24)
3. Exchange Filings (NSE/BSE)