Key Quantitative Figures

Standalone Results (Q1 FY2027 vs Q1 FY2026):

  • Revenue from operations: ₹2,384.06 lacs (vs ₹2,065.76 lacs in Q1 FY2026)
  • Other income: ₹375.58 lacs (vs ₹378.77 lacs in Q1 FY2026)
  • Total income: ₹2,421.61 lacs (vs ₹2,105.44 lacs in Q1 FY2026)
  • Cost of materials consumed: ₹1,294.16 lacs (vs ₹1,066.90 lacs in Q1 FY2026)
  • Employee benefits expense: ₹284.42 lacs (vs ₹242.65 lacs in Q1 FY2026)
  • Finance costs: ₹279.17 lacs (vs ₹330.78 lacs in Q1 FY2026)
  • Depreciation: ₹837.25 lacs (vs ₹758.86 lacs in Q1 FY2026)
  • Profit before tax: ₹3,457.27 lacs (vs ₹2,394.26 lacs in Q1 FY2026)
  • Tax expense: ₹765.06 lacs (vs ₹574.47 lacs in Q1 FY2026)
  • Net profit: ₹2,392.21 lacs (vs ₹1,477.90 lacs in Q1 FY2026) - 62% increase
  • EPS (Basic & Diluted): ₹3.88 (vs ₹2.95 in Q1 FY2026)

Consolidated Results (Q1 FY2027):

  • Net profit: ₹300.15 lacs
  • Share in profit of joint ventures: ₹609.29 lacs
  • EPS (Basic & Diluted): ₹4.86
  • Total comprehensive income: ₹9,661.77 lacs

Dates of Action

  • Board meeting date: August 10, 2026
  • Meeting duration: 12:30 p.m. to 1:15 p.m.
  • Quarter ended: June 30, 2026

Parties Involved

  • Board of Directors of Talbros Automotive Components Limited
  • Statutory Auditors: J.C. Bhalla & Co. (Chartered Accountants)
  • Joint Ventures: Marelli Talbros Chassis Systems Private Limited, Talbros Marugo Rubber Private Limited
  • Management representative: Mr. Anuj Talwar, MD (authorized to sign financial results)
  • Compliance Officer: Seema Narang, Company Secretary

Financial Impact Disclosure

Labour Code Implementation:

The Government of India notified provisions of four new Labour Codes on November 21, 2025, consolidating 29 existing labour laws. The financial impact has been factored under provisions in balance sheet and expensed under employee benefit expenses:

Standalone Past Service Cost (Year ended 31-03-26):

  • Gratuity: ₹55,30,262
  • Leave Encashment: ₹18,03,828

Consolidated Past Service Cost (Year ended 31-03-26):

  • Talbros Automotive: Gratuity ₹55,30,267, Leave Encashment ₹18,03,828
  • Marelli Talbros: Gratuity ₹3,05,204, Leave Encashment ₹1,49,332
  • Talbros Marugo: Leave Encashment ₹30,08,226
  • Total: ₹83,43,601 (Gratuity) + ₹30,08,115 (Leave Encashment)

Capital Structure

  • Paid up equity share capital: ₹1,234.56 lacs (face value ₹2/- per share)
  • No change in share capital during the quarter

Operational Highlights

  • The company operates in a single reportable segment: Auto Components & Parts business
  • Joint ventures contributed significantly to consolidated results with ₹609.29 lacs share in profit

Auditor's Review

  • J.C. Bhalla & Co. conducted limited review of both standalone and consolidated results
  • Review performed in accordance with SRE 2410
  • No material misstatements identified in the financial results
  • Joint venture results reviewed by other auditors