Gabriel India Ltd
Gabriel India Ltd
AutomobilesKey Fundamentals
SmallcapAuto ComponentsAutomobilesInsights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Gabriel India Ltd insights
52 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
3- Company has been maintaining a healthy dividend payout of 29.4%
- Promoter holding has increased by 8.53% over last quarter.
- Company's working capital requirements have reduced from 29.1 days to 22.3 days
Weaknesses
1- Stock is trading at 15.7 times its book value
Growth Rate
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 3d agoGabriel India Ltd is a dominant ride-control products manufacturer with ~89% market share in commercial vehicles and ~25% in passenger vehicles, trading at a P/E of 62.7x and 16.07x book value. The company posted FY25 standalone revenue of ~₹3,643 crore (9% YoY growth) with PAT of ~₹212 crore and ROIC of 34%, while the stock has delivered a 58% return over the past year.
- Dominant market position with ~89% share in CV shock absorbers and ~65% in 3-wheelers, providing strong pricing power and entry barriers
- Consistent return on equity of ~20% over the last 3 years indicates efficient capital allocation
- FY25 revenue grew 9% YoY to ₹3,643 crore with ROIC at 34%, demonstrating capital-efficient growth
- Promoter holding increased by 8.53% over the last quarter, signalling insider confidence
- Working capital days reduced from 29.1 to 22.3 days, freeing up cash flow and improving operational efficiency
- TTM sales growth of 19% and TTM profit growth of 23% show accelerating momentum versus FY25's 9% revenue growth
- Healthy dividend payout ratio of 29.4% with 0.33% yield provides income while retaining capital for growth
- Expanding into electric 2-wheeler segment with ~80% market share in EV shock absorbers, positioning for the EV transition
- Stock trades at 62.7x P/E, significantly above the auto ancillary sector median of ~30-35x, leaving little margin of safety
- Price-to-book of 16.07x is extremely elevated; even high-ROE businesses rarely sustain such valuations
- FY25 revenue growth decelerated to 9% YoY from 14.5% in FY24 and 27.4% in FY23, suggesting a slowdown
- Stock CAGR of 93% over 3 years has far outpaced profit growth, implying most gains are from multiple expansion rather than earnings
- High dependence on the Indian auto OEM cycle; any slowdown in CV or 2W production volumes would directly impact revenue
- Dividend yield of only 0.33% offers minimal downside protection at current elevated valuations
- Customer concentration risk as a Tier-1 supplier to a limited set of large OEMs who have bargaining power on pricing
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 1d ago- Company Secretary resignation Aug 6
Nilesh Jain resigned as CS and Compliance Officer effective August 21, 2026, citing external professional opportunities. Loss of key compliance personnel creates short-term governance transition risk.
- Q1 FY27 net profit up 14.9% Jul 21
Standalone net profit rose 14.9% to Rs 759.68 crore in Q1 FY27, with revenue from operations at Rs 12,742.47 crore. Continued earnings momentum.
- FY26 revenue surges 16.2% YoY Jul 28
Standalone revenue hit ₹42,329.87 million in FY26, up 16.2% YoY; consolidated revenue reached ₹46,669.33 million. Project Rise restructuring positions the company as a diversified mobility solutions provider.
- 30% stake in HL Klemove India Jul 21
Gabriel India will acquire a 30% stake in HL Klemove India for USD 98.44 million, forming a JV focused on autonomous driving and automotive electronics solutions.
- New Group CEO & MD appointed Jul 21
Mahendra K. Goyal appointed as Executive Director and Group CEO & MD for a five-year term. Atul Jaggi re-designated as MD (Ride Control), signalling leadership clarity.
- Zero waste, 18% renewable energy Jul 28
FY26 BRSR report highlights zero waste to landfill across all operations and transition to 18% renewable energy, strengthening ESG credentials.
- AGM Aug 19, dividend record Aug 12 Jul 28
64th AGM scheduled for August 19, 2026. Record date for final dividend entitlement is August 12, with book closure from August 13-19.
- Non-deal roadshows in Mumbai Aug 3
Two investor roadshows organised — Motilal Oswal on Aug 6 and Phillip Capital on Jul 30 — featuring management meetings based on publicly available information.
- Q1 FY27 earnings call transcript Jul 29
Transcript of July 22, 2026 earnings conference call discussing Q1 FY27 operational and financial performance uploaded for investor reference.
TL;DR: Gabriel India is executing strongly with 16.2% revenue growth in FY26 and 14.9% profit growth in Q1 FY27, supported by a strategic push into autonomous driving via the USD 98.44 million HL Klemove JV. ESG performance and leadership appointments reinforce long-term positioning. The only near-term risk is a minor compliance officer transition. The trend is clearly improving, with diversification into automotive electronics offering a new growth vector beyond traditional ride control.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 806 | 864 | 815 | 917 | 947 | 1,027 | 1,017 | 1,073 | 1,234 | 1,180 | 1,179 | 1,381 | 1,426 |
| Expenses | 737 | 791 | 745 | 836 | 856 | 928 | 925 | 964 | 1,116 | 1,067 | 1,072 | 1,248 | 1,302 |
| Operating Profit | 69 | 74 | 70 | 80 | 91 | 99 | 91 | 109 | 118 | 113 | 107 | 133 | 124 |
| OPM % | 9% | 9% | 9% | 9% | 10% | 10% | 9% | 10% | 10% | 10% | 9% | 10% | 9% |
| Other Income | 5 | 5 | 4 | 6 | 6 | 5 | 9 | 5 | 43 | 6 | -6 | 53 | 47 |
| Interest | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 5 | 3 | 3 | 8 | 6 |
| Depreciation | 14 | 14 | 14 | 18 | 19 | 19 | 19 | 24 | 31 | 25 | 25 | 31 | 32 |
| PBT | 57 | 62 | 58 | 66 | 76 | 82 | 79 | 87 | 126 | 91 | 72 | 147 | 133 |
| Tax % | 27% | 25% | 29% | 26% | 24% | 23% | 23% | 26% | 16% | 24% | 24% | 19% | 19% |
| Net Profit | 42 | 46 | 41 | 49 | 58 | 63 | 60 | 64 | 105 | 69 | 55 | 119 | 108 |
| EPS in Rs | 2.93 | 3.23 | 2.87 | 3.41 | 4.01 | 4.38 | 4.18 | 4.48 | 7.33 | 4.81 | 3.81 | 8.23 | 7.47 |
Profit & Loss
| Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|
| Sales | 3,403 | 4,063 | 4,667 | 5,165 |
| Expenses | 3,110 | 3,674 | 4,229 | 4,688 |
| Operating Profit | 293 | 390 | 438 | 477 |
| OPM % | 9% | 10% | 9% | 9% |
| Other Income | 19 | 26 | 13 | 100 |
| Interest | 8 | 10 | 14 | 20 |
| Depreciation | 60 | 81 | 100 | 113 |
| PBT | 244 | 324 | 336 | 444 |
| Tax % | 27% | 24% | 25% | — |
| Net Profit | 179 | 245 | 252 | 351 |
| EPS in Rs | 12.44 | 17.05 | 17.56 | 24.32 |
| Div. Payout % | 32% | 28% | 28% | — |
Balance Sheet
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 14 | 14 | 14 |
| Reserves | 988 | 1,169 | 1,354 |
| Borrowings | 75 | 69 | 148 |
| Other Liabilities | 702 | 770 | 911 |
| Total Liabilities | 1,779 | 2,022 | 2,428 |
| Fixed Assets | 543 | 641 | 781 |
| CWIP | 56 | 76 | 100 |
| Investments | 103 | 39 | 121 |
| Other Assets | 1,078 | 1,267 | 1,427 |
| Total Assets | 1,779 | 2,022 | 2,428 |
Cash Flow
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Operating | 177 | 204 | 345 |
| Investing | -129 | -149 | -248 |
| Financing | -28 | -81 | -19 |
| Net Cash Flow | 20 | -26 | 78 |
| Free Cash Flow | 16 | 0 | 108 |
| CFO/OP | 84 | 73 | 97 |
Ratios
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 53 | 54 | 53 |
| Inventory Days | 43 | 44 | 43 |
| Days Payable | 84 | 76 | 78 |
| Cash Conversion Cycle | 12 | 22 | 18 |
| Working Capital Days | 28 | 37 | 22 |
| ROCE % | — | 28% | 26% |
Documents
Frequently Asked Questions about Gabriel India Ltd
What does Gabriel India Ltd do?
Where is Gabriel India Ltd (GABRIEL) listed?
Which sector does Gabriel India Ltd belong to?
What is the market capitalisation of Gabriel India Ltd?
What is the PE ratio of Gabriel India Ltd?
What is the 52-week high and low of Gabriel India Ltd?
Does Gabriel India Ltd pay dividends?
What is the Return on Equity (ROE) of Gabriel India Ltd?
How can I research Gabriel India Ltd on Tapetide?
Company Information
Gabriel India is part of ANAND Group. The Company has established a significant presence across all automotive customer segments, including OEMs, Aftermarket, and exports. Company manufactures over 500 models of ride control products. [1] Its products include shock absorbers, struts, front forks and others.[2]