About Talbros Automotive Components Limited

Talbros Automotive Components Limited, founded in 1956, is a diversified Indian auto-component manufacturer known for engineering innovation and multi-location manufacturing capabilities. The company’s product portfolio spans gaskets and heat shields, forgings, chassis and suspension components, anti-vibration products, and hoses, serving a wide spectrum of mobility segments including two- and three-wheelers, passenger cars, heavy and light commercial vehicles, agricultural equipment, and off-highway vehicles. Talbros partners with over 30 OEMs across global markets, strengthened by international technology tie-ups and two 50:50 joint ventures: Marelli Talbros Chassis Systems Private Limited (MTCS) for advanced suspension systems, and Talbros Marugo Rubber Private Limited (TMR) for anti-vibration components and rubber products.

The company operates 9 plants and one R&D centre across Faridabad, Pune and Sitarganj for gaskets and heat shields; Bawal for forgings; and JV facilities in Faridabad, Manesar and Pune for chassis systems, as well as Bawal for TMR. Talbros employs 2,000+ people and manufactures across six product lines, reflecting scale and operational depth. There are no subsidiaries (subsidiaries: 0) as disclosed in the Secretarial Audit; the Group operates through joint ventures and associates for strategic expansion.

Talbros’ global reach continued to widen during the year through customer engagements across Europe and North America, with added traction in South America and deliveries to the UK and other parts of Europe. These initiatives accompanied a push in electrification components and next-generation heat shields, aligning the portfolio with evolving mobility trends. The forging business, supported by a state-of-the-art facility at Bawal, added customers in Brazil, Mexico and Belgium, expanded its footprint to North America, and supplied more than 0.7 million off-highway components in the UK and Europe—underlining the company’s broader geographic and product momentum.

Talbros Automotive Components Limited Business Segments and Geographic Presence 

Business Segments:

• Gaskets and Heat Shields – Contributing approximately 277 crores in H1 FY25, serving major customers including Cummins, Bajaj Auto, John Deere, Volvo-Eicher, Honda, and Hero MotoCorp. The company holds over 50% market share in the gasket segment.
• Forgings – Contributing approximately 154 crores in H1 FY25, manufacturing precision machined components for automotive, agriculture, and off-highway industries, with clients including JLR, BMW, and Dana.
• MTCS (Marelli Talbros Chassis Systems) – Contributing approximately 68 crores in H1 FY25, producing control arms, front and rear axles primarily for OEM customers (75% of revenue).
• TMR (Talbros Marugo Rubber) – Contributing approximately 31.6 crores in H1 FY25, manufacturing engine mounts, strut mounts, suspension bushes, and hoses, with 100% sales to OEMs, predominantly Maruti Suzuki.

Geographic Revenue Mix:

• Domestic (India): 75% of total revenue in FY24
• Exports: 25% of total revenue in FY24, with growing presence in Europe, North America, South America, and UK markets

Talbros Automotive Components Limited Key Management

• Naresh Talwar – Chairman
• Umesh Talwar – Vice Chairman and Managing Director
• Anuj Talwar – Joint Managing Director
• Varun Talwar – Joint Managing Director
• Manish Khanna – Chief Financial Officer
• Seema Narang – Company Secretary

Latest Updates on Talbros Automotive Components Limited

• Secured Rs 1,475 crores in new orders in FY 2024-25, including EV-specific orders worth ~Rs 280 crores and export orders worth ~Rs 560 crores, with 40-45% under execution and ~30% commencing in 2025-26.
• New Pune facility scheduled to be functional in Q2 2025-26 with advanced hydraulic presses and assembly lines; MTCS chassis systems plant nearing commissioning with approximately half of orders tied to EV platforms.
• Continued ramp-up of EV-specific components across multiple product categories with robust pipeline of next-generation heat shielding solutions under development.
• Expanded global customer base across Europe and North America; forging division added Tier-1 customers in Brazil, Mexico and Belgium, booked new business worth Rs 22.48 crores.
• Board changes: Appointed Rajat Verma and Rakesh Vohra as Independent Directors from August 07, 2024; Anil Kumar Mehra and Amit Burman ceased as Directors from September 11, 2024.
• CARE reaffirmed credit ratings at CARE A+; Stable for long-term and CARE A1+ for short-term bank facilities on September 30, 2024.