Talbros Automotive Components Ltd - Stock Valuation and Financial Performance

BSE: 505160 | NSE: TALBROAUTO | Auto Ancillary | Small Cap

Talbros Auto Compont Share Price

262.50 12.50 5.00%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Talbros Auto Compont

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

Talbros Automotive Components stock performance -

mw4me loader
P/E Ratio (CD):
20.02
Market Cap:
1,543.2 Cr.
52-wk low:
76
52-wk high:
347.8

Is Talbros Automotive Components Ltd an attractive stock to invest in?

1. Is Talbros Automotive Components Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Talbros Automotive Components Ltd is a average quality company.

2. Is Talbros Automotive Components Ltd undervalued or overvalued?

The key valuation ratios of Talbros Automotive Components Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Talbros Automotive Components Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Talbros Automotive Components Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Talbros Auto Compont:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Talbros Automotive Components Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 11.5%10.5%9.3%8%10.3%10.7%6.8%8.7%13.7%15.2%-
Value Creation
Index
-0.2-0.3-0.3-0.4-0.3-0.2-0.5-0.40.00.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 366390392325393483385444577647751
Sales YoY Gr.-6.5%0.6%-17.1%21%22.9%-20.2%15.3%30%12.1%-
Adj EPS 2.22.21.91.73.23.92.13.46.99.112.5
YoY Gr.--1.8%-12.9%-12.7%96.4%20.7%-47.6%67.3%100.9%32.1%-
BVPS (₹) 19.220.521.325.229.132.232.140.148.959.575.8
Adj Net
Profit
13.613.411.710.22024.112.721.242.556.277
Cash Flow from Ops. 24.53333.437.634.116.43766.251.756.6-
Debt/CF from Ops. 5.143.83.23.79.54.21.61.71.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 6.5%10.5%18.9%12.1%
Adj EPS 17%22.9%64.4%32.1%
BVPS13.4%15.4%22.9%21.7%
Share Price 41.8% 44.3% 85.3% 238.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
12.110.997.11212.86.49.515.516.818.5
Op. Profit
Mgn %
8.810.111.29.39.910.49.512.512.613.414.5
Net Profit
Mgn %
3.73.431.73.331.24.87.48.710.3
Debt to
Equity
1.11.110.80.70.80.80.40.30.2-
Working Cap
Days
19519821625222721226723619919486
Cash Conv.
Cycle
106105113111737411184595621

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 18.50%

Sales growth is growing at healthy rate in last 3 years 18.87%

Net Profit is growing at healthy rate in last 3 years 64.35%

Sales growth is good in last 4 quarters at 20.94%

No data to display

Latest Financials - Talbros Automotive Components Ltd.

Standalone Consolidated
TTM EPS (₹) 10.1 12.5
TTM Sales (₹ Cr.) 751 751
BVPS (₹.) 67.5 75.8
Reserves (₹ Cr.) 404 456
P/BV 3.70 3.30
PE 24.68 20.02
From the Market
52 Week Low / High (₹) 76.02 / 347.75
All Time Low / High (₹) 0.69 / 347.75
Market Cap (₹ Cr.) 1,543
Equity (₹ Cr.) 12.4
Face Value (₹) 2
Industry PE 46

Management X-Ray of Talbros Auto Compont:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Talbros Auto Compont

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales366390392325393483385444577647
Operating Expenses 335350349295354433349389504562
Manufacturing Costs47504339506152587784
Material Costs209219218181220273205238306351
Employee Cost 42485247515956546571
Other Costs 36343628334036385656
Operating Profit 31394330395037567385
Operating Profit Margin (%) 8.6%10.1%11.0%9.3%9.8%10.4%9.5%12.5%12.6%13.2%
Other Income 1110688879108
Interest 19191816141616131211
Depreciation 10101512141819232324
Exceptional Items 9-2-2020-21800
Profit Before Tax 2219141021256525670
Tax 3542581131115
Profit After Tax 191410716174394556
PAT Margin (%) 5.3%3.6%2.5%2.3%4.1%3.5%1.1%8.8%7.8%8.6%
Adjusted EPS (₹)3.12.31.62.03.74.32.06.37.39.0
Dividend Payout Ratio (%)8%13%19%15%8%8%5%6%7%7%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 119127132155179199198248302368
Share Capital 12121212121212121212
Reserves 107115119143167186186235290355
Minority Interest0000000000
Debt108117113113117138141858181
Long Term Debt313223171625201486
Short Term Debt77859197102112121717375
Trade Payables759210793137117106149153169
Others Liabilities 44474445415446565853
Total Liabilities 346384396407475508491537593671

Fixed Assets

Gross Block178193204205225256290299326351
Accumulated Depreciation70788789100116136152172182
Net Fixed Assets108114117116125141153147154169
CWIP 10912371335
Investments 467576664537398127
Inventories10712814199109111108102114133
Trade Receivables70748090124135125155151169
Cash Equivalents 810878981258
Others Assets39434137394243466762
Total Assets 346384396407475508491537593671

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 25333338341637665257
PBT 13211614283414525670
Adjustment 25283124182426102622
Changes in Working Capital -8-9-92-8-3709-13-20
Tax Paid -6-6-5-2-4-5-3-5-18-15
Cash Flow From Investing Activity -9-14-4-13-19-36-15-2-25-37
Capex -10-16-8-16-22-40-212-32-38
Net Investments -4-2-2-1-110-560
Others 4354337102
Cash Flow From Financing Activity -16-20-28-23-1518-21-65-27-16
Net Proceeds from Shares 1000000000
Net Proceeds from Borrowing 000-5000000
Interest Paid -19-19-18-15-14-15-17-14-12-11
Dividend Paid -5-6-2-2-2-2-3-1-4-3
Others 65-80136-2-51-11-2
Net Cash Flow -1-1120-11-1-13
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)17.2311.517.535.229.548.922.1817.5716.3416.6
ROCE (%)17.5515.0712.359.5812.0812.216.1718.6118.3819.32
Asset Turnover Ratio1.171.161.10.880.910.980.770.861.021.02
PAT to CFO Conversion(x)1.322.363.35.432.130.949.251.691.161.02
Working Capital Days
Receivable Days6262658898981231159790
Inventory Days981011151249583103866870
Payable Days8491106160191170199195180167

Talbros Automotive Components Ltd Stock News

Talbros Automotive Components Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Talbros Auto Compont on 28-Mar-2024 16:01 is ₹262.5.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Talbros Auto Compont stood at ₹1,543.2.
The latest P/E ratio of Talbros Auto Compont as of 28-Mar-2024 16:01 is 24.68.
The latest P/B ratio of Talbros Auto Compont as of 28-Mar-2024 16:01 is 3.70.
The 52-week high of Talbros Auto Compont is ₹347.8 and the 52-week low is ₹76.02.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Talbros Auto Compont is ₹750.5 ( Cr.) .

About Talbros Automotive Components Ltd

Talbros Automotive Components the flagship manufacturing company of the Talbros Group was established in the year 1956 to manufacture Automotive & Industrial Gaskets in collaboration with Coopers Payen of UK, now Federal Mogul Sealing Systems (Slough)UK.

For more than 52 years, Talbros has been leading the way in the Indian automotive components industry. Reflecting leadership and demonstrating excellence, Talbros is committed to achieving greater customer satisfaction in the years to come. 

Talbros Group has strong partnerships formed with global giants. Notable among the joint venture partners are Federal Mogul-USA, Nippon Leakless Corporation –Japan, Affinia Group – USA and most recent being Presswerk Krefeld (PWK) -Germany

Their Research & Development Centres showcase their design capabilities including endurance, static and simulated environment testing. Today, their manufacturing prowess spans over 6 business and 12 facilities.

The largest OEMs like Ashok Leyland, Bajaj Auto, Cummins Group, Eicher India, Escorts Group, Force Motors, General Motors, Hero Honda, Honda, Hyundai, John Deere, Mahindra & Mahindra, Maruti Suzuki, Suzuki, TAFE, Tata Motors, Tata Cummins, Simpsons and international corporates like Affinia Automotive are their proud customers.

Product range of the company includes:

  • Gaskets & Gasket kits
  • Steering & Suspension components
  • Sheet Metal Product Range
  • Forgings

Clientele:

The largest OEMs like Ashok Leyland, Bajaj Auto, Cummins Group, Eicher India, Escorts Group, Force Motors, General Motors, Hero Honda, Honda, Hyundai, John Deere, Mahindra & Mahindra, Maruti Suzuki, Suzuki, TAFE, Tata Motors, Tata Cummins, Simpsons and international corporates like Affinia Automotive are its customers.

Achievements/ recognition:

  • TS 16949 and ISO 14001 certified
  • Talbros has won prestigious ACMA centre of technology Six Sigma Award

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