Ace invester Vijay Kedia portfolio stock Talbros Auto reported its Q1 FY23 quarter ending June 2022 results on 9th August 2022.
Table of Contents
- Talbros Auto Q1 FY23 quarterly results
- About Talbros Auto
- Talbros Auto share price
- Talbros Auto Shareholding
Talbros Auto Q1 FY23 quarterly results
Results are flat and also below the market expectations but are expected in this inverse market situations.
Income from operations increased 11%, EBITDA 9% & Profit after Tax increased 20% Year On Year but quarter on quarter profits have been declined.
Management said despite multiple challenges like rising raw material costs and disruptions in the supply chain for semi-conductors the revenues have increased.
Company have received multi year orders worth Rs.400+crores from domestic and overseas customers across all the divisions and varied segments.
About Talbros Auto
Talbros Automotive Components Limited (TACL) is an Auto Component manufacturer with a diversified portfolio of Gaskets, Forgings, Suspension Systems, Anti-vibration Products & Hoses.
It has large customer base of reputed companies like BajajAuto, TataCummins, Volvo, Eicher India, Ashok Leyland, Escorts Group, Force Motors, Hero Moto Corp, Honda, Hyundai, John Deere, Mahindra & Mahindra, Maruti Suzuki, Suzuki, TAFE, Daimler India, Tata Motors, Simpsons, Carraro, Dana, Musashi, Spicer etc.
Talbros Auto share price
Talbros Auto is a small cap / micro cap type stock with a market capitalization of 600 Crores. Current stock PE is at 13, which is much lower than the sector PE. Talbros Auto share price is currently at 502 more than 20% below its 52 week high of 658. Stock has given nearly 66% returns in last one year and 155% return in last five years
Talbros Auto Shareholding
Ace investor Vijay Kedia has 2.27% stake in the company and also well known investor Dolly Khanna has 1.10% stake in this micro cap auto components maker stock. Promotors have 58% & DIIs have 1.27% stake but FIIs have only 0.03% shares in this stock. Public retail investors have more than 40% share holding in this stock.
