Talbros Automotive hits record Q4 revenue as new orders kick in
The company posted a 15% revenue jump to ₹237 crore and appointed Ashish Gupta as group CEO. Management targets 15-20% growth for FY27.
— 4 earlier stories on Talbros Automotive Components Ltd. →What's new
- Consolidated Q4 revenue reached a record ₹237 crore, up 15% year-on-year.
- Ashish Gupta, former CEO of the Marelli Talbros JV, takes over as group CEO.
- Capex of ₹103 crore planned for FY27, with ₹60 crore earmarked for forging.
Why this matters
Talbros is moving from order wins to revenue realization. Commercializing a ₹1,000 crore order book with major players like Stellantis provides a clear runway for the guided 15-20% growth. The leadership transition to a veteran of their own joint venture suggests a push for continuity during this expansion phase.
What we're watching
- Execution of the ₹1,000 crore order book starting in June and September.
- Ability to maintain 17-18% EBITDA margins amid the planned ₹103 crore capex.
- Impact of the new group CEO on long-term operational strategy.
The full read
Talbros Automotive Components closed FY26 with its strongest quarter yet. Consolidated revenue hit ₹237 crore, a 15% increase over the prior year, while net profit climbed 19% to ₹32 crore.
Growth is accelerating.
The company is now commercializing a ₹1,000 crore order book, with key contracts from Stellantis and a European manufacturer set to begin in June and September, which gives management the confidence to target 15-20% revenue growth for FY27 while maintaining EBITDA margins in the 17-18% range. To support this expansion, the company plans to deploy ₹103 crore in capex, with more than half—₹60 crore—going directly to the forging division. Leadership is also shifting, with former Marelli Talbros JV head Ashish Gupta stepping in as group CEO. The transition signals a clear focus on scaling the existing order book rather than a change in direction. The next test is whether the company can hit these growth targets while absorbing the planned capital expenditure.
Questions answered
- What is the revenue growth guidance for FY27?
- Talbros expects revenue to grow by 15-20% in FY27. This is supported by the commercialization of its ₹1,000 crore order book.
- How does the company plan to spend its capital in FY27?
- The company has allocated ₹103 crore for capex. Of this, ₹60 crore is dedicated to the forging division.
- When do the new major orders begin to contribute?
- Orders from Stellantis and a European carmaker are scheduled to commence in June and September, respectively.
- Who is the new group CEO?
- Ashish Gupta has been appointed as group CEO. He previously served as the CEO of the Marelli Talbros joint venture.
Story so far
All notes on TALBROAUTO →- 27 May 2026 · 11:20 AM IST Talbros Automotive hits record Q4 revenue as new orders kick in
- 6d ago Talbros trims export ambition, sets FY27 margin target at 17-18%
- 6d ago Talbros Automotive logs 5.2% revenue growth in FY26, profit up 7.7%
- 6d ago Talbros Automotive ends FY26 with 14% Q4 revenue growth
- 6d ago Talbros lands ₹1,000 cr in new orders, half its market cap