Talbros flags over Rs 1,000 cr orders and Rs 103 cr FY27 capex
The consolidated quarter included Rs 9.85 cr of other income, while management said commercialization of products covered by the orders starts in FY27.
Filed 10 Aug 2026, 13:52 IST · TALBROAUTO (TALBROAUTO)
Key takeaways
- Consolidated Q1FY27 net profit was supported by Rs 9.85 cr of other income against profit before tax of Rs 37.67 cr.
- Management said TACL and its joint ventures had received orders worth over Rs 1,000 cr, including about Rs 100 cr from the EV segment.
- Management said FY27 capex is planned at Rs 103 cr, compared with Rs 51 cr in FY26, funded through internal accruals and borrowings.
Other income was a meaningful part of Q1 profit
The consolidated net profit of Rs 30.02 cr included Rs 9.85 cr of other income, making the earnings mix an important quality check. Reported profit also reflected Rs 2.79 cr of interest, Rs 8.37 cr of depreciation and a 20.31% tax rate. Operating margin stood at 16.35%, providing the operating base for the planned investment cycle.
Orders provide visibility across EV and other products
Management said TACL and its joint ventures had received orders worth over Rs 1,000 cr, with about Rs 100 cr coming from the EV segment. The company told investors that these orders are scheduled for execution over the next five years and that commercialization of the covered products is scheduled to start from FY27. Management also said Talbros had signed an exclusive contract with SANWA for lightweight aluminium heat shields.
FY27 investment plan is tied to targeted revenue
The presentation says the company plans Rs 103 cr of FY27 capex, versus Rs 51 cr in FY26, with funding from internal accruals and borrowings. Management said this spending is intended to help reach targeted FY27e revenues. The presentation also says the company has approximately 50% market share in gaskets and is gaining share in the European automotive ecosystem.
Q1FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹238 cr |
| Other income | ₹10 cr |
| Expenses | ₹199 cr |
| Operating profit | ₹39 cr |
| Operating margin (%) | 16.35% |
| Interest | ₹3 cr |
| Depreciation | ₹8 cr |
| Profit before tax | ₹38 cr |
| Tax | ₹8 cr |
| Net profit | ₹30 cr |
| EPS (₹) | ₹4.86 |
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
Guidance & outlook
- The orders are scheduled for execution over the next five years.
- Commercialization of the products covered by these orders is scheduled to start from FY27.
- The company plans FY27 capex of INR 103 crore to reach targeted FY27e revenues.
Expansion
- The company plans additional capex of INR 103 crore in FY27, funded through internal accruals and borrowings.
New orders
- TACL and its joint ventures received orders worth more than INR 1,000 crore.
- The orders include approximately INR 100 crore received for the EV segment.
New initiatives
- The company signed an exclusive contract with SANWA for lightweight aluminium heat shields.
Competition
- The company reports approximately 50% market share in gaskets.
- The company says it is gaining market share in the European automotive ecosystem.
What to watch
- Operating margin against the planned FY27 capex of Rs 103 cr.
- Conversion of the over Rs 1,000 cr order wins, including about Rs 100 cr from EVs.
- Progress on commercialization from FY27 of products covered by the five-year order schedule.