Staff Writer
New Delhi: Talbros Automotive Components Limited reported a steady performance for the first half of fiscal 2026, posting revenue of INR 427 crore, unchanged from the previous year. The company held its EBITDA margin at 16.5 percent, even as the broader automotive industry faced muted demand and a cyber-attack at a key European customer disrupted business.
The cyber incident led to a one-time revenue impact of about INR 10 crore, briefly affecting order schedules. Despite this setback, the company said its operational discipline and cost control helped sustain profitability.
Exports remain central to Talbros’ business and contributed 26 percent to total revenue in H1 FY26. The company’s overseas mix continues to be led by the UK, which accounts for more than half its export share, followed by Europe excluding the UK and the United States.
Alongside its financial results, Talbros announced a strategic joint venture with Lohum Cleantech Private Limited. The partnership will focus on producing recovered carbon black and devulcanized rubber, two materials that are gaining traction globally as industries push for greener and more circular manufacturing solutions. Recovered carbon black is seen as an emerging alternative within the USD 27 billion global virgin carbon black market, while devulcanized rubber caters to a USD 3.5 billion segment.
The company expects the new venture to benefit from its strong relationships with original equipment manufacturers and Lohum’s technology-driven processes. Over the next five years, the JV is projected to generate between INR 500 crore and INR 600 crore in revenue with an EBITDA margin of more than 15 percent.
Talbros said it is optimistic about the second half of the fiscal year. Management expects demand to improve in the third and fourth quarters, supported by better OEM schedules and increased domestic consumption following recent GST reductions. The company aims to close FY26 with around 10 percent year-on-year growth and plans to lift exports to about 35 percent of total revenue by FY27 as new orders and European demand return.
Joint Managing Director Anuj Talwar said the company is encouraged by the prospects of the new joint venture and confident of a stronger performance ahead, backed by its diversified product lines and improving market conditions.
