Get 50% OFF This Summer!
Talbros Automotive Components
No Data Available
No Stocks
Unlock Smart Score
See Detailed Analysis & Insights
Unlock Insights
See Detailed Analysis & Insights
No Research Report
ROE
Avg ROE (3 Yrs) : NaN%
ROCE
Avg ROCE (3 Yrs) : NaN%
ROA
Avg ROA (3 Yrs) : NaN%
NPM
Avg NPM (3 Yrs) : NaN%
No Data Available
Unlock Management Data
See Detailed Analysis & Insights
Established in the year 1956, Talbros Automotive Components Limited is a manufacturer of Automotive and Industrial gaskets. Talbros along with its Joint Ventures/ Associates now stands as the leading brand of Gaskets and Heat Shields, Forgings, Chassis Systems, Suspension Systems and Modules, Anti-vibration Components and Hoses. The Company with its diversified products caters to the largest automobile OEM segment which includes passenger vehicles, commercial vehicles, two-wheelers, three-wheelers, Agri, off-loaders, and industrial, among others.
Talbros Automotive Components Ltd was incorporated on September 8, 1956 as a private limited company with the name Payen Talbros Pvt Ltd. The company was established by Talwar Brothers in technical collaboration with Coopers Payen Ltd, UK and in financial collaboration with Engineering Components Limited, UK.
In the year 1957, the company commenced manufacturing of automotive and industrial gaskets at their plant at New Delhi. In the year 1967, the manufacturing facilities were shifted from New Delhi to Faridabad, Haryana. In December 4, 1975, the company was converted into a public limited company and the name was changed to Payen Talbros Ltd.
In the year 1977, the company set up their second manufacturing facility in Chennai for manufacturing gaskets in order to cater to original equipment manufacturers (OEMs) requirement in southern India. As per the scheme of amalgamation, AEW Jansons Ltd, a company engaged in the manufacture of hydraulic jacks and shock absorbers was amalgamated with the company with effect from September 1, 1977.
In April 7, 1979, the company changed their name from Payen Talbros Pvt Ltd to Talbros Automotive Components Ltd. In July 1979, they commenced commercial production at their manufacturing facility located in Chennai. In the year 1980, the company made their maiden public issue. In the year 1981, the company commenced production of rear axle shafts and discontinued the production of hydraulic jacks and shock absorbers.
In the year 1989, the company implemented a backward integration plan by setting up a plant at Sohna, near Gurgaon, Haryana to manufacture 'beater', a raw material used in manufacturing process, for captive consumption.
In the year 1995, the company further expanded their manufacturing base by setting up the third gaskets manufacturing plant at Pune in Maharashtra primarily to cater to the needs of Tata Motors and other OEMs based in and around Pune. Also, they hived-off engineering division manufacturing rear axle shafts to Talbros Engineering Ltd.
In the year 1997, the company entered into technical assistance with Nippon Leakless Corporation Ltd, Japan to manufacture non-asbestos gaskets. In the year 2003, the company entered into a technical assistance agreement with Federal Mogul Sealing Systems (Slough) Ltd. In the year 2004, the company entered into technical assistance agreement with Ishikawa Gaskets Company Ltd, Japan. They received ISO 14001 certification for Faridabad Plant.
In the year 2005, the company entered into joint venture agreement with Nippon Leakless Corporation, Japan and formed Nippon Leakless Talbros Pvt Ltd to manufacture Gaskets for catering mainly to Honda group of companies within the country. During the year 2006-07, as per the scheme of arrangement, the IT Business undertaking of XO Infotech Ltd was de-merged and transferred to the company with effect from March 1, 2006. Also, XO Stampings Ltd was amalgamated with the company with effect from April 1, 2006.
During the year 2007-08, the company received ISO 14001 for Environmental Management System from Bureau Veritas Centre for Faridabad Gasket Plant. Also, they received award from Automobile Component Manufacturer Association of India (ACMA) in the first National six sigma Competition held in New Delhi for Stamping and Rubber Division at Faridabad.
During the year 2008-09, the company entered into a License Agreement with Ahlstrom Altenkirchen GmbH, Germany, for obtaining technical know-how to manufacture Non-asbestos Beater Addition Jointing, one of the raw materials required for manufacturing gaskets, conforming to international standards. Also, they entered into Supply Agreement with Ahlstrom Alterkirchen Gmbh whereby Ahlstrom will buy back a portion of Non-asbestos Beater Addition gasket material/ composite material produce by the company at their Sohna plant with Ahlstrom technology.
During the year 2009-10, the company set up their fourth gasket manufacturing plant in ELDECO-SIDCUL Industrial Park, Sitargunj, Uttarakhand. Also, they forged a new Technical Assistance Agreement with Sanwa Packaging Co Ltd, Japan for manufacturing Heat Shields a product with considerable potential in the future. The company also developed Non-Asbestos Beater Addition Jointings, one of the raw materials required for manufacturer of gaskets, with the technical support from Ahistrom Altenkirchen GmbH, Germany.
In 2011, the Company acquired TS 16949 system certification for the Stamping & Rubber Division at Faridabad. In the Stamping & Rubber Division, Robotic Welding Machines were commissioned to improve the quality of production and productivity.
During 2013-14, at the Forging Division, company expanded and upgraded its precision machining capabilities and ventured into new product range of its overseas customers in Europe. The dedicated line for manufacturing Heat Shields adopting latest technology acquired through Sanwa Packaging Co. Ltd. was installed in 2015-16.
The Company set up a a post coating line which has commenced production from February 2018.
Talbros Automotive Components share price reflects investor sentiment toward the company and is impacted by various factors such as financial performance, market trends, and economic conditions. Share price is an indicator which shows the current value of the company's shares at which buyers or sellers can transact.
Market capitalization of Talbros Automotive Components indicates the total value of its outstanding shares. Marketcap is calculated by multiplying share price and outstanding shares of the company. It is a helpful metric for assessing the company's size and market Valuation. It also helps investors understand how Talbros Automotive Components is valued compared to its competitors.
Talbros Automotive Components PE ratio helps investors understand what is the market value of each stock compared to Talbros Automotive Components 's earnings. A PE ratio higher than the average industry PE could indicate an overvaluation of the stock, whereas a lower PE compared to the average industry PE could indicate an undervaluation.
The PEG ratio of Talbros Automotive Components evaluates its PE ratio in relation to its growth rate. A PEG ratio of 1 indicates a fair value, a PEG ratio of less than 1 indicates undervaluation, and a PEG ratio of more than 1 indicates overvaluation.
Return on Equity (ROE) measures how effectively Talbros Automotive Components generates profit from shareholders' equity. A higher ROE of more than 20% indicates better financial performance in terms of profitability.
Return on Capital Employed (ROCE) evaluates the profitability of Talbros Automotive Components in relation to its capital employed. In simple terms, ROCE provides insight to investors as to how well the company is utilizing the capital deployed. A high ROCE of more than 20% shows that the business is making profitable use of its capital.
Total debt of Talbros Automotive Components shows how much the company owes to either banks or individual creditors. In simple terms, this is the amount the company has to repay. Total debt can be a very useful metric to show the financial health of the company. Total debt more than equity is considered to be a bad sign.
The Debt-to-Equity (DE) ratio of Talbros Automotive Components compares its total debt to shareholders' equity. A higher Debt to Equity ratio could indicate higher financial risk, while a lower ratio suggests that the company is managing its debt efficiently.
CAGR shows the consistent growth rate of Talbros Automotive Components over a specific period, whether it is over a month, a year, or 10 years. It is a key metric to evaluate the company’s long-term growth potential. Main metrics for which CAGR is calculated are net sales, net profit, operating profit, and stock returns.
Technical analysis of Talbros Automotive Components helps investors get an insight into when they can enter or exit the stock. Key components of Talbros Automotive Components Technical Analysis include:
There are usually multiple support levels, but the main support levels for a stock are S1, S2, S3. Support levels indicate price points where stock might get support from buyers, helping the stock stop falling and rise.
There are usually multiple resistance levels, but the main resistance levels for a stock are R1, R2, R3. Resistance levels represent price points where Talbros Automotive Components shares often struggle to rise above due to selling pressure.
Dividends refer to the portion of the company’s profits distributed to its shareholders. Dividends are typically paid out in cash and reflect Talbros Automotive Components ’s financial health and profitability.
Bonus shares are usually given by companies to make the stock more affordable, increase liquidity, boost investor confidence, and more.
Stock split increases the number of its outstanding shares by dividing each existing share into multiple shares. When the company offers a stock split, the face value of the stock reduces in the same proportion as the split ratio.
The financials of Talbros Automotive Components provide a complete view to investors about its net sales, net profit, operating profits, expenses, and overall financial health. Investors can analyze financial data to assess the company’s stability and also understand how the company has been growing financially.
The profit and loss statement of Talbros Automotive Components highlights its net sales, net profit, total expenditure, and operating profits in the current financial year. This Profit and Loss statement is crucial for evaluating the profitability and financial stability of Talbros Automotive Components .
The balance sheet presents a snapshot of Talbros Automotive Components ’s assets, liabilities, and equity of shareholders, providing insights into the financials of the company.
Cashflow statements track the company's cash inflows and outflows over a period. It is an essential tool for understanding how well the company manages its liquidity and finances.
Download the App