ALFA Finder
The call ran from 3:01 PM to 3:50 PM IST (49 min).
Key takeaways
Q2 FY27 revenue ₹267 Cr (+23%) and PAT ₹33 Cr (+43%) are solid. Margin recovery and JV ramp claims are unquantified, and valuation questions were deflected.
| Management target | Revenue 18.0% FY28 |
|---|
| Revenue growth | Q2 revenue +23% YoY, H1 +19%; new part numbers contributed. |
|---|---|
| Margins | EBITDA margin 17.6%, +110bps YoY; Marelli margin softened on manpower. |
| Order book | ₹500 Cr forging orders; execution now the stated focus. |
| Demand visibility | Strong: record auto sales, Europe supplier shift, ₹500 Cr forging orders. |
| Management confidence | Over-optimistic; key claims unquantified; valuation question deflected. |
Growth
Q2 EBITDA +33% to ₹47 Cr, outpacing revenue +23%. Forging H1 growth is only +13%, and Q1 forging was roughly +10%.
Outlook
FY27 organic revenue guided at 18–20%. FY28 growth seen at 18–20% (~₹550 Cr+ vs ~₹470 Cr FY27 target).
Risks
Marelli JV margin softened on manpower costs. Meridian US bankruptcy exposure is unquantified. West Asia steel, aluminium and freight pressures persist.
Summary by ALFA Finder, written with AI assistance from our own recording of the call, published . Open it on ALFA Filings ›
The results behind this call
Talbros Automotive Components Q2 FY27 Results: Net Profit ₹32.9 Cr, Up 42.4% YoY
Talbros Automotive Components Ltd reported revenue from operations of ₹263.2 Cr (+23.5% YoY) and net profit of ₹32.9 Cr (+42.4% YoY) for Q2 FY27.
- Key figure
- Net profit ₹32.9 Cr · +42.4% YoY
What management said last time
Full summary →From the call summary published .
Outlook they gave
Guided FY27 revenue growth of 18-20% with margins around 17-17.5%.
Growth they described
Revenue grew 15% YoY to ₹242 Cr; Net Profit jumped 35% to ₹30 Cr, reflecting improved segment mix.
Call details
| Company | Talbros Automotive Components Ltd |
|---|---|
| NSE symbol | TALBROAUTO |
| ISIN | INE187D01029 |
| Call | Q2 FY27 earnings call |
| Date | Thursday, 12 November 2026 |
| Time | 3:00 PM IST |
| Length | 49 min |
| Audio | Our stream on YouTube ↗ |
Talbros Automotive Components Ltd: key numbers
- Share price
- ₹416.30
- Market cap
- ₹2,570 Cr
- Revenue (annual)
- ₹870.0 Cr
- Net profit (annual)
- ₹104.1 Cr
- P/E (TTM)
- 21.1×Sector 32.5×
- Promoter holding
- 58.43%+0.00% QoQ
- FII holding
- 1.71%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
Other calls on Thu, 12 Nov
Today's concalls →
