Talbros Automotive Components Limited has informed the Exchange about Investor Presentation of Q1 - FY 23
TALBROS AUTOMOTIVE COMPONENTS LIMITED
Q 1 F Y 2 3 I NV ESTOR P R ES ENTATION A u g u s t 2 0 2 2
Safe Harbor
This presentation and the accompanying slides (the “Presentation”), which have been prepared by Talbros Automotive Components Limited (the “Company”), have
been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not
form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by
means of a statutory offering document containing detailed information about the Company.
This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation
or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this
Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the
contents of, or any omission from, this Presentation is expressly excluded.
This presentation contains certain forward looking statements concerning the Company’s future business prospects and business profitability, which are subject to a
number of risks and uncertainties and the actual results could materially differ from those in such forward looking statements. The risks and uncertainties relating to
these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, competition (both domestic
and international), economic growth in India and abroad, ability to attract and retain highly skilled professionals, time and cost over runs on contracts, our ability to
manage our international operations, government policies and actions regulations, interest and other fiscal costs generally prevailing in the economy. The company
does not undertake to make any announcement in case any of these forward looking statements become materially incorrect in future or update any forward looking
statements made from time to time by or on behalf of the company.
2
Talbros Automotive Components Ltd (TACL) - Group
Product Portfolio
Entities
TACL Group Turnover*(Rs. Crs)
Q1 FY22
Q1 FY23
Gaskets
TACL Standalone
Nippon Leakless Talbros Pvt Ltd
Forgings
TACL Standalone
Chassis Components
Anti Vibration Products & Hoses
Marelli Talbros Chassis Systems Pvt Ltd
Talbros Marugo Rubber Pvt Ltd
88
13
51
32
12
Q1 FY22 196
106
22
49
45
17
Q1 FY23 238
* Includes Other Income
Including Total Share of JV
3
New Multi year orders worth Rs. 400+ crores received
The order has been received for Domestic and Overseas Customers across all the divisions and varied segments. These orders are to be executed over a period of next 4-6 years
The order covers the following product lines
Gaskets
Heat Shields
Forgings
Chassis
Rubber
The order spans across newly invested technologies such as heat shields for which we have secured new customers in the Domestic PV space.
The Company has received orders from a new overseas customer through which we have entered in the Agri, Construction & off-road segment
Out of new orders, 18% account for Electric Vehicle (EVs) segment for leading established domestic OEM for PV segment
These orders will help us increase our share with existing customers and new customers across geographies which will help us grow and gain market share in the coming years
4
Q1 FY23 Consolidated Performance Highlights
Total Income from Operations
EBITDA
Profit After Tax*
154.7
138.8
19.1
20.7
11.9
10.0
Q1FY22
Q1FY23
Q1FY22
Q1FY23
Q1FY22
Q1FY23
+11%
+9%
+20%
Rs. Crores
^ Includes Other Income
* Excludes Exceptional Items
5
Q1 FY23 Standalone Business Performance Highlights
Total Income from Operations
EBITDA
105.6
88.0
14.1
11.5
+20%
+23%
Q1FY22
Q1FY23
Q1FY22
Q1FY23
Total Income from Operations
EBITDA
51.3
49.1
7.7
6.6
-4%
-14%
s t e k s a G
i
s g n g r o F
Q1FY22
Q1FY23
Q1FY22
Q1FY23
Rs. Crores
Includes Other Income
6
Consolidated Performance Highlights
Nippon Leakless Talbros
Marelli Talbros Chassis Systems
Talbros Marugo Rubber
22.0
13.0
45.1
32.2
16.6
12.2
+69%
+40%
+36%
Q1FY22
Q1FY23
Q1FY22
Q1FY23
Q1FY22
Q1FY23
4.5
2.7
4.1
3.3
0.77
0.85
+64%
+27%
+10%
Q1FY22
Q1FY23
Q1FY22
Q1FY23
Q1FY22
Q1FY23
s e u n e v e R
A D T I B E
Rs. Crores
^ Includes Other Income
7
Across varied segments…
* p u k a e r B c i t s e m o D
f o e p y T ( p u k a e r B
* ) t e k r a M
4%
11%
37%
8%
10%
26%
5%
13%
23%
22%
FY21
FY22
Q1FY23
28%
28%
32%
27%
26%
6%
5%
8%
5%
9%
4%
25%
FY21
23%
FY22
23%
Q1FY23
64%
64%
64%
*Proportionate Share of JV
2 & 3 Wheelers Passenger Vehicle HCV & LCV Agri & Off Loaders Others
OEM Exports After Market Others
8
Q1FY23 Consolidated Profit & Loss Statement
Particulars (Rs. In crores)
Revenue from Operations
Other Income
Total Revenue from Operations
Raw Material
Employee Cost
Other Expenses
EBITDA
EBITDA Margin
Depreciation
EBIT
EBIT Margin
Finance cost
Share of Profit from JVs
Profit before Tax (Before Exceptional Items)
Tax
Profit After Tax (Before Exceptional Items)
PAT Margin %
Exceptional Items
Capital Gain Tax on Exceptional Items
Profit After Tax
PAT Margin %
Q1FY23
Q1FY22
153.0
1.7 154.7
81.3
17.9
34.7 20.7
13.4%
5.5 15.2
9.8%
2.3
2.2 15.1
3.2 11.9
7.7%
0.0
0.0 11.9
7.7%
136.8
2.0 138.8
74.4
16.2
29.1 19.1
13.8%
5.8 13.3
9.6%
3.2
1.4 11.4
1.5 10.0
7.2%
0.0
0.0 10.0
7.2%
Y-o-Y
12%
11%
9%
14%
32%
20%
20%
Q4FY22
148.0
1.9 149.9
77.6
15.9
33.6 22.8
15.2%
5.8 17.1
11.4%
2.8
2.6 16.9
4.3 12.6
8.4%
0.0
0.0 12.6
8.4%
QoQ
3%
3%
-9%
-11%
-10%
-6%
-6%
FY22
577.2
7.7 584.9
306.5
65.1
130.2 83.2
14.2%
22.9 60.3
10.3%
11.8
7.8 56.4
11.5 44.9
7.7%
0.0
0.0 44.9
7.7%
9
MDs Comments
Commenting on the performance Mr. Anuj Talwar, Jt. Managing Director, Talbros Automotive Components Limited said:
Despite multiple challenges our industry has faced including rising raw material costs and disruptions in the supply chain for semi-conductors, our revenues increased by 11% YoY to Rs. 154 crores, EBITDA increased by 9% YoY to Rs. 21 crores, and PAT increased by 20% YoY to Rs. 12 crores.
I am glad to share that we have received multi year orders worth Rs. 400+ crores from domestic and overseas customers across all the divisions and varied segments. The order spans across newly invested technologies such as heat shields for which we have secured new customers in the Domestic PV space.
We have added new customers and entered new segments like the Agri, Construction & off-road segment. Out of new orders, 18% account for Electric Vehicle (EVs) segment for leading established domestic OEM for PV segment. These orders will help us increase our share with existing customers and new customers across geographies which will help us grow and gain market share in the coming years.
With easing supply chain restrictions, declining commodity costs, robust demand, new product launches, government initiatives, and the China plus one strategy, Talbros is in a sweet spot to grow at a faster pace and grab market share going ahead.
10
Hedged Portfolio…
Q1FY23 - Revenue Contribution
NLK 4%
Forgings
25%
TMR 4%
MTCS 12%
Gaskets
55%
Segments
Product Portfolio
Market Exposure
▪ 2 Wheelers
▪ 3Wheelers
▪ Gaskets
▪ OEMs
▪ Heat Shields
▪ After Market
▪ Passenger Vehicles
▪
Forgings
▪ Commercial Vehicles
▪ Chassis Systems
▪ Agri / Off-Loaders
▪ Anti vibration
and Industrial
▪ Hoses
▪ Exports
▪ Others
Proportionate Share of JV
11
Having Diversified Customer base - Top 10 Customers
FY22
01
Maruti Suzuki India Limited
02
Bajaj Auto
03
TATA Cummins
04
Hero Motocorp Limited
05
Tata Motors Limited
06
BMW
07
Jaguar Land Rover Limited
08
DANA Italia
09
GKN Driveline Brunico S. P. A.
10
Suzuki Motors Gujarat Pvt. Ltd.
Including Total Share of JV
10%
9%
8%
7%
7%
5%
5%
5%
4%
3%
Q1FY23
01
Maruti Suzuki India Limited
10%
02
Bajaj Auto
03
Hero Motocorp Limited
04
Jaguar Land Rover Limited
05
TATA Cummins
06
TATA Motors Limited
07
BMW
08
DANA Export
09
FIAT India Private Limited
10
Others
6%
7%
7%
7%
6%
4%
4%
3%
46%
12
Venturing into EV
FORGINGS
o Supplying parts
for Plug-in hybrid
Electric Vehicles to OEMs globally
o Marelli Talbros is working on new RFQ’s for several Indian and global OEM’s for supporting development of future EV’s
o Marelli Talbros Supplies Critical Suspension Components to EV’s
Image is for illustrative purpose only
13
Substantial Improvement in Business
Total Income from Operations
EBITDA
Profit After Tax*
CAGR +29%
584.9
453.2
14.3%
14.2%
CAGR +29%
64.6
83.2
CAGR +84%
44.9
24.4
FY21
FY22
FY21
FY22
FY21
FY22
Return on Equity (RoE)
Return on Capital Employed (RoCE)
Debt / Equity
+ 910 bps
16.3%
11.0%
+ 920 bps
16.3%
12.1%
Debt has reduced by 31%
0.42
0.29
FY21
FY22
FY21
FY22
FY21
FY22
RoE = PAT / Avg. Equity ; RoCE = EBIT / Avg. Capital Employed (Equity + Total Debt)
All the ratios have been calculated on Consolidated Basis
* Excludes Exceptional Items
14
FY22 Consolidated Balance Sheet
ASSETS Non-current assets Property, plant and equipment Capital work in progress Investment property Intangible assets Investments accounted for using the equity method Financial assets Investments Other financial assets Current Tax Assets Other non-current assets Non-Current Assets
Current assets Inventories Financial assets Trade receivables Cash and cash equivalents Bank balances other than Cash and Cash equivalents Loans Other financial assets Other current assets Current Assets TOTAL - ASSETS
Mar-22
Mar-21
EQUITY AND LIABILITIES
Mar-22
Mar-21
153.3 3.3 3.0 0.9 59.5
38.4 1.9 2.1 4.5 266.9
145.4 3.0 3.1 1.2 51.7
21.5 1.6 0.0 2.5 230.0
114.3
102.1
151.5 1.0 4.3 4.3 2.3 24.9 302.6 569.5
155.0 2.7 9.1 4.4 3.0 22.5 298.9 528.9
Equity Equity Share capital Other equity Shareholders' funds
LIABILITIES Non-current liabilities Financial liabilities Borrowings Lease Liabilities Other financial liabilities Provisions Deferred tax liabilities (net) Other non-current liabilities Non-current liabilities
Current liabilities Financial liabilities Borrowings Lease Liabilities Trade payables Other financial liabilities Other current liabilities Provisions Current tax liabilities (net) Current liabilities TOTAL - EQUITY AND LIABILITIES
12.3 289.5 301.9
12.3 235.2 247.5
7.6 0.0 0.1 2.0 11.1 0.3 21.1
81.4 0.1 153.1 7.1 3.7 1.0 0.0 246.5 569.5
14.1 0.2 0.1 2.3 5.5 0.7 22.8
88.7 0.2 149.4 9.1 4.0 0.9 6.4 258.6 528.9
15
Gasket Business
Standalone – Total Income
292
333
265
287
382
106
FY18
FY19
FY20
FY21
FY22
Q1FY23
Segment wise Break Up*
Q1FY23 OEM Breakup*
7%
16%
8%
69%
3%
19%
24%
13%
5%
36%
Export
After Market
OEM
Others
2&3 Wheeler
Passenger Vehicle
*Excludes other income
MHCV
LCV
Agri and Off Loader Others
▪
▪
▪
▪
▪
▪
▪
▪
▪
▪
In – House tool design and manufacturing
~40% Market share in Gaskets 3x the nearest competitor
Market Leader in – Two Wheeler, Agri & Off Loaders, HCV
& LCV segment
Single Source Supplier for 5 of our customers
100% Asbestos Free player
Export orders from established international brands
Introduced dedicated Heat Shield line: critical for heat,
sound and vibration insulation
Signed up exclusive contract with SANWA for Light Weight
Aluminium Heat Shields which is used for automotive
applications specially in PV segment and is a futuristic
product technology
Value added features like Noise Reduction, Emission
Control, Heat Insulation at challenging temperatures and is
a widely used on new generation engines including Hybrid
and EVs
This product will be of a strong support to OEMs in
building BS-VI products
16
Standalone Business – Forgings
166
170
134
115
204
Exports 53%
48
Others 35%
OEM 12%
FY18
FY19
FY20
FY21
FY22
Q1FY23
▪
▪ ▪
▪
▪ ▪ ▪
▪ ▪
▪ ▪
Installation of 2,500 Ton Press completed In discussion with various Indian & European Tier 1 Customers for heavier forging products Started supplies for the order received from a European OEM
▪ ▪ ▪
Hero Motor Corp HMSI India Yamaha
▪ ▪ Moving towards heavier forged parts ▪
Currently, this segment is gaining momentum in both Domestic and overseas market
One stop solution for Hot Forging (750 to 2,500 Ton Press) In-House tool design and manufacturing Strong presence in Overseas Market & Supplier to top Tier I companies One Stop Solution for Die Design, Machine parts treatment (Normalizing and Carbohydrizing) Revenue for 9MFY22 stood at Rs 161 Cr Received order worth Rs. 25 cr to be delivered in FY22 for Plugin Hybrid EV
and Heat
Hero Motor Corp HMSI India Yamaha
Products - Various Types
▪ King Pins ▪ Gear Blanks ▪ Housing & Yoke Shafts
*Proportionate share of JV Revenue has been considered
* Includes other income
17
Strong Global Partnerships - Joint Ventures
Nippon Leakless Talbros Pvt Ltd (NLK)
Marelli Talbros Chassis Systems Pvt Ltd (MTC)
Talbros Marugo Rubber Pvt Ltd (TMR)
▪
▪
▪
Nippon Leakless Corporation (Japan) - One of the largest global manufacturers of gaskets and a major Supplier for Honda
Established in 2005 with 40% Talbros Share
100% Sales to OEMs to Honda and Hero
▪ Magneti Marelli S.p.a (Milano) - A Fiat group company with annual revenue of over € 6 Bn
▪
▪
▪
50:50 partnership commenced production in April 2012
100% Sales to OEMs
Significant share of Control Arms business from Maruti Suzuki and Tata
▪ Marugo Rubber Industries Ltd (Japan) - Global leader in supply of Anti-Vibration Product and Hoses
▪
▪
50:50 partnership commenced production in February 2013
100% Sales to OEMs predominantly Maruti Suzuki
Gaskets
▪ ▪ ▪ ▪ ▪
Hero Motor Corp HMSI India Yamaha Honda Car India Honda Siel Power Products
PRODUCTS
▪ ▪ ▪
Control Arms Front Axle Rear Axle
KEY CUSTOMERS
▪ Maruti Suzuki India ▪ Jaguar Land Rover ▪ Suzuki Motors Ltd ▪ Magna Steyr Fahrzeugtechn ▪
Bajaj Auto
▪ Engine Mounts ▪ Strut Mounts ▪ Mufflers & Hangers
▪ ▪ ▪
Suspension Bushes Rubber Bushes Hoses
▪ Maruti Suzuki ▪ QH Talbros ▪
Daimler India Commercial Vehicle Pvt Ltd, Tamilandu Suzuki Motors Gujarat Pvt Ltd
▪
18
JV’s Performance Highlights - Total Income from Operations
Nippon Leakless Talbros
Marelli Talbros Chassis Systems
Talbros Marugo Rubber
117.9
122.1
106.0
83.4
74.2
109.0
129.7
136.8
124.3
164.6
52.0
40.8
45.8
41.0
54.7
FY18
FY19
FY20
FY21
FY22
FY18
FY19
FY20
FY21
FY22
FY18
FY19
FY20
FY21
FY22
Rs. Crores
Including Total Share of JV
19
About Us
One of the Most Hedged Auto Component Players
Over 6 Decades of experience in Auto Component manufacturing
Diversified Auto Component player with presence across Two Wheelers, Passenger, Commercial Vehicles and Farm Equipment's
Wide client base, ~40% revenue from top 5 clients
Businesses across OEMs, Exports and After Market
Four International Technology Tie-ups including 3 JVs for Best in Class Products
Diversified Portfolio - Gaskets, Forgings, Suspension Systems, Anti-vibration Products & Hoses
Consistent Dividend Pay-out over 50 years
20
Leadership Team driving Growth & Profitability
Anuj Talwar – Joint Managing Director
Is a Bachelor in Business Administration from college of William & Mary, Virgina, USA and Master of Business Administration from Boston University Graduate School of Management. He has been associated with the Company since 2008. He has over 16 years of rich experience in the Corporate Finance, Credit analysis and Auto Industry, coupled with his extensive knowledge, expertise in Business Development, International Marketing, General Management and focus on new tech. Mr. Anuj Talwar is looking after the performance and business growth of the Company and its Joint Ventures on regular basis. He has been successfully able to streamline – products, people perception and positioning of the Company.
Navin Juneja – Director & Group CFO
Is a B.Sc. (Mathematics) and Chartered Accountant (FCA). He is working as Finance Head of Talbros Group as its Group CFO. He is also a Director on Board of the Company. He advises the Company, its Joint Ventures and other Group Companies on Financial Management and Corporate Planning. He has more than 36 years of rich experience in Finance, Accounts, Treasury, Taxation and General Management. He has extensive experience in the development and implementation of strategic business plans.
21
Board of Directors
Mr. Naresh Talwar
Chairman
• Mr. Naresh Talwar, aged 80 years, is a Promoter and Non- Executive
Chairman of the Company. He has been associated with the Company since 1976. He was elected as Chairman of the Company on April 01, 2000.
• He is a graduate from St. Stephen College, Delhi University, having rich
experience in the automotive components industry for more than 53 years.
Mr. Varun Talwar
Joint Managing Director
Mr. Navin Juneja
Director
• Mr. Varun Talwar, aged 51 years, has done BS in Business Administration from Drexel University, Philadelphia USA. He has been associated with the Company since 2006.
• Worked overseas with Stoffel Seals Corporation i.e. a New York (NYC)
based Company besides American Express Bank (NYC). Has more than 24 years of experience in the IT, Auto Components & Health Care Industry
• Mr. Navin Juneja, aged 63 years, is a B.Sc. (Mathematics) and Chartered Accountant (FCA). He is working as Finance Head of Talbros Group as its Group CFO
• Advises various companies on financial management and corporate planning. He had more than 36 years of rich experience in Finance, Accounting and Strategic Planning
Mr. Deepak Jain
Independent Director
Mr. Deepak Jain has been appointed as an Additional Director w.e.f. 29th December, 2021. Mr. Deepak Jain is the Chairman & Managing Director of Lumax Industries Limited. An alumnus of Illinois Institute of Technology, USA in Operations Management and International Business, Mr Deepak Jain has experience of more than 20 years in the automotive industry.
Mr. Amit Burman
Independent Director
• Mr. Amit Burman, aged 51 years, has done MBA from University of Cambridge, UK and MSC in Industrial Engineering from Columbia University. He is an Independent Director on the Board of the Company • Has 24 years of rich experience. He has worked with Colgate Palmolive, Tishcon Corporation, NYC, USA. He is currently serving as Chairman of Dabur India Limited
Mr. Umesh Talwar
Vice Chairman & MD
• Mr. Umesh Talwar, has done B.Com (Hons) from Delhi University and MBA from XLRI, Jamshedpur. He has more than 44 years of rich experience in the automotive components industry. Associated with compnay since 1977 • Mr. Umesh Talwar is one of the Promoters of the Company and has been managing the affairs of the company as its Vice Chairman & Managing Director (VCMD) since 2000
Mr. Anuj Talwar
Joint Managing Director
• Mr. Anuj Talwar, aged 40 years, is a Bachelor in Business Administration from college of William & Mary, Virgina, USA and Master of Business Administration from Boston University Graduate School of Management • Associated with the Company since 2008. He had over 16 years of rich experience in the Corporate Finance, Credit analysis and Auto Industry
Mr. Vidur Talwar
Non-Executive Director
• Mr. Vidur Talwar, aged 49 years has done B.S. in Business Administration
and MBA in Finance from Drexel University, Philadelphia, PA
• Responsible for day-to-day operations of T&T Motors, dealers for Mercedes
Benz. He has more than 25 years of rich and varied experience in automotive components industry
Mr Anil Kumar Mehra Independent Director
• Mr. Anil Kumar Mehra, aged 76 years, is a Bachelor in Commerce (Hons.)
from Sri Ram College of Commerce, Delhi University. He is a fellow member of the Institute of Chartered Accountants of England and Wales and ICAI. • He is an Independent Director on the Board of the Company. He had over 39 years of rich experience in Statutory Audit, Internal Audit, Management Audit & Special Investigative Audit
Mr. Tarun Singhal
Independent Director
• Mr. Tarun Singhal, aged 63 years, is a B. Tech (E.E) from the Indian
Institute of Technology, Kanpur and is a retired top level executive with more than 41 years’ of experience including 22 years in the automotive industry in India and abroad. He is an Independent Director on the Board of the Company. Currently, he is a consultant providing consultancy to clients in the Auto Industry
Mrs. Priyanka Gulati Independent Director
• Ms. Priyanka Gulati, aged 43 years, is a member of the Institute of
Chartered Accountants of India. She is an Independent Director on the Board of the Company. Has more than 20 years of rich experience in management consulting & entrepreneurship. She has been associated with tier-1 consulting firms Accenture Management Consulting and Deloitte. She is also the founder and Director of Manthan Advisors
Mr. Ajay Kumar Vij
Independent Director
• Mr. Ajay Kumar Vij, aged 60 years, has done MBA from Punjab University,
Chandigarh, India. He is an Independent Director on the Board of the Company
• Co-Founder and CEO of Asian Healthcare Fund (AHF). He has wide
experience in identifying promising business opportunities, developing growth strategy, structuring global expansion and alliances
22
Executive Management
Mr. Manish Khanna
Mrs. Seema Narang
Chief Financial Officer A Qualified CA and MBA, he has over 17 years of experience with LeeBoy India Constructions, Doosan Infracore, Escorts Construction Equipment and Amforge Industries
Company Secretary She has over 29 years of experience in the secretarial department and has worked with Whirlpool of India and Aksh Optifibre Ltd
Mr. Suresh Sharma
Mr. Vivek Singh
President Operations – Gaskets Division He is an engineer and MBA (Operations). He has over 25 years of experience in the Auto Components sector and has worked with Munjal Showa, Endurance, JBM Auto and Omax Auto
President – Forging Division He holds a Mechanical Engineering degree and has a rich experience in manufacturing of more than two decades in varied sectors including Auto & Auto component, Railway signalling & Telecom, Geo Info Systems & IT technology and Powertrain.
Mr. Akira Iijima Managing Director – Nippon Leakless Talbros Pvt. Ltd. He holds diploma in engineering and has experience of 15 years working in the Gasket Industry. He has been associated with Nippon Leakless for over a decade. He is appointed as MD of Nippon Leakless Talbros Pvt Ltd WEF 1st March, 2021
Mr. Ashish Gupta
CEO – Magneti Marelli Talbros Chasis System Pvt. Ltd. He holds a BE degree and has over 24 years of experience with manufacturing companies in India, Europe & CIS
Mr. Toshiya Morimoto
Managing Director – Talbros Marugo Rubber Pvt. Ltd He is an Engineer and has an experience of over 37 years and has worked with Sanyo Electric Co. Limited
23
Scope of Joint Ventures
Strut Mount
Steering Bush
Rear Twist Beam Axle
Fuel Hose
Front Cross Members
Engine Mount
Suspension Arms Bush
Air Hose
Control Arms
Knuckles
Exhaust Hanger
MMT Existing Business
MMT Planned for Future
TMR Existing Business
TMR Planned for Future
Wheel Group + Corner Module
24
Evolving Product Portfolio
Revenue FY07
Gasket 100%
JV with Marugo Rubber
Evolution Continues...
JV with Magneti Marelli
Hoses
Hoses
Acquired Sheet Metal, Entry into Forgings, JV with NLK - Gaskets
TA with SANWA
Anti Vibration Products
Anti Vibration Products
Chassis Systems
Chassis Systems
Chassis Systems
Heat Shields
Heat Shields
Heat Shields Revenue FY22
Heat Shields
TAA with Nippon Leakless
Sheet Metal
Sheet Metal
Market Leader in Gaskets
Forgings
Forgings
Forgings
Non Asbestos Gaskets
Non Asbestos Gaskets
Non Asbestos Gaskets
Anti-Vibration and Hose Sheet Metal 4%
Suspension Forgings System 11%
Non Asbestos Gaskets
Forging 28%
Sheet Metal
Sheet Metal
Gasket 57%
Forgings
Forgings
Non Asbestos Gaskets
Non Asbestos Gaskets
Gasket
1956
Gasket
2005
Gasket
2007
Gasket
2009
Gasket
2011
Gasket
2013
Gasket
2014
25
Diversified Customer - OEM
e s a B r e m o t s u C d e g d e H
2 Wheeler
Passenger
HCV/LCV
Agri & Off Loader
Agri & Off Loader
26
Equity
Consistently paying Dividend for the decade
1.2
1.2
1.2
1.2
1.5
1.5
1.5
1.5
1.8
In Rs.
2.5
2.0
0.5
FY11
FY12
FY13
FY14
FY15
FY16
FY17
FY18
FY19
FY20
FY21
FY22
41.6%
44.5%
45.6%
46.3%
51.5%
53.9%
54.0%
56.6%
56.6%
56.6%
56.6%
58.2%
58.2%
58.2%
Promoter Shareholding
Jun-10
Jun-11
Jun-12
Jun-13
Jun-14
Jun-15
Jun-16
Dec-16
Mar-17
Mar-18
Mar-19
Mar-20
Mar-21
Mar-22
27
Appreciation From Customers
28
Customer Awards for Best Performances
ACMA Atmanirbhar Excellence Awards 2022
Award from Jaguar Land Rover for Gasket Business 2022
Award from Jaguar Land Rover for Forgings Business 2022
Quality improvement contest award –Kirloskar Oil Engines Ltd 2021
JLKR-Q certificate-2021
Quality improvement contest award – Kirloskar Oil Engines Ltd. 2020
Appreciation certificate for NPD support –Cummins 2020
Appreciation award for NPD support –Cummins 2020
ACMA 16th Quality Circle Competition 2019
HR Association India Gold Award 2019
Toyota Kirloskar Zero Defect Supplies 2018
11th CII National Competitiveness & Cluster Summit 2018 Kaizen Award – 2nd
Toyota Kirloskar Achieving targets in Quality 2018
PNGI HR Excellence Award 2018
Eicher Engine Supplier Meet 2018
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For further information, please contact:
Company :
Investor Relations Advisors :
Talbros Automotive Components Ltd. CIN: L29199HR1956PLC033107
Strategic Growth Advisors Pvt. Ltd. CIN: U74140MH2010PTC204285
Ms. Seema Narang seema_narang@talbros.com
Mr. Shogun Jain / Mr. Deven Dhruva shogun.jain@sgapl.net / deven.dhruva@sgapl.net
www.talbros.com
Tel: +91 77383 77756 / +91 98333 73300 www.sgapl.net
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