Q1 2025 Talbros Automotive Components Ltd Earnings Call Transcript
Key Points
- Talbros Automotive Components Ltd (BOM:505160) reported a 13% YoY growth in total revenue for Q1 FY25, reaching INR209 crores.
- EBITDA for Q1 FY25 increased by 24% YoY to INR35 crores, with an improved EBITDA margin of 16.5%.
- The company received new multiyear orders worth INR1,000 crores from a leading European OEM through its joint venture, Magneti Marelli Talbros Chassis Systems Private Limited.
- Export sales reached 27% of total turnover, the highest ever for the company.
- The company is focusing on cost optimization and a good product mix, which has led to improved margins and profitability.
- Demand for commercial vehicles was sluggish during the last quarter, affecting overall growth.
- Employee expenses increased significantly due to a 10% salary hike and a one-time performance incentive expense.
- There was a slight reduction in gross margin from 56% to 53%, attributed to product mix and pending price increases.
- The tractor segment saw a decline in growth compared to the previous year.
- The company faces challenges with volatile exchange rates affecting import costs, particularly in the gasket and Marugo divisions.
Ladies and gentlemen, good day, and welcome to Talbros Automotive Components Limited Q1 FY25 earnings conference call. This conference call may contain forward-looking statements about the company, which are based on the beliefs, opinions, and expectations of the company as on the date of this call. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Anuj Talwar, Joint Managing Director of Talbros Automotive Components Limited. Thank you, and over to you, sir.
Thank you. Good afternoon, everybody. A very warm welcome to our Q1 FY25 earnings call. On the call, I am joined by Mr. Navin Juneja, our Director and our Group CFO, as well as SGA, our Investor Relations advisers firm. The results and the presentation are uploaded on the stock exchange and the company
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
