A leading automotive component manufacturer has captured investor attention amid a sector-wide rally, fuelled by exceptional December 2024 performance data. This surge reflects the broader automotive industry’s robust health, with major manufacturers reporting significant domestic and export growth, suggesting promising prospects for industry stakeholders. Trading volume spiked to 17.48k shares, indicating strong investor interest.
Share Price Movement
The share price of Talbros Automotive Components Limited reached an intraday high of 7.1 percent to Rs. 325.85 per share on Thursday, an increase from its previous close of Rs. 304.25 per share. The market capitalisation now stands at approximately Rs. 1,959.87 crore as of January 02, 2025.
Share Price Surge: Why?
The recent rally in Talbros Automotive Components and similar auto stocks can be attributed to the broader optimism in the automotive sector, driven by strong December 2024 sales data. With the Nifty Auto index up 2%, marking its biggest single-day gain in six months, major players like Eicher Motors reported impressive growth with a 25% increase in sales and 90% surge in exports year-over-year.
This positive momentum was further reinforced by gains in heavyweight stocks like Maruti Suzuki and Mahindra & Mahindra, signalling a robust recovery in the sector.
Financial Highlights
According to its recent filing, in the quarter ending September 2024, Talbros Automotive Components’s consolidated revenue from operations has increased by 10.82 percent YOY from Rs. 194 crore in Q2 FY24 to Rs. 215 crore in Q2 FY25 and increased by 5.39 percent QoQ from Rs. 204 crore in Q4 FY24.
The company’s consolidated net profit has increased 15% YoY from Rs. 20 crore in Q2 FY24 to Rs. 23 crore in Q2 FY25. As compared to the last quarter of 2025, the company’s net profit has increased by 9.5 percent QoQ from Rs. 21 crore.
Market Outlook
The automotive industry thrived in 2023–24, with 12.5% growth in India, selling 23.8 million vehicles. EV adoption surged, with sales exceeding 1.7 million units, led by electric two-wheelers and three-wheelers. Projections suggest EVs could capture 40% of the market by 2030, driven by government policies, consumer acceptance, and innovation.
Key states like Uttar Pradesh and Maharashtra accounted for over 50% of EV sales. This shift highlights sustainable mobility’s potential for economic growth, job creation, and environmental benefits.
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Shareholding Pattern
As of the September 2024 shareholding pattern, Talbros Automotive Components Limited is primarily held by the promoters at 58.43 percent, foreign institutional investors hold 0.50 percent, and the promoters with 41.06 percent.
About Company
Established in 1956 and headquartered in Faridabad, Haryana, Talbros Automotive Components Limited is a trusted name in the automotive sector. Starting with gaskets made in partnership with Coopers Payen, UK, it has expanded to include products like heat shields, forgings, suspension systems, anti-vibration components, and hoses. Joint ventures with global companies like Nippon Leakless Corporation (Japan), Magneti Marelli (Italy), and Marugo Rubber Industries (Japan) have bolstered its global presence.
With eight manufacturing plants across India and a significant 38% market share in the gasket segment, Talbros serves diverse segments such as two-wheelers, passenger vehicles, and agricultural equipment. The company prioritises innovation, research, customer satisfaction, and environmental stewardship. It boasts a workforce of over 2,000 employees and operates in more than 500 countries, continuing to drive innovation and set industry standards.
Written By Fazal Ul Vahab C H
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