Gabriel India Ltd
NSE:GABRIEL
Gabriel India Ltd
Gabriel India Ltd. engages in the manufacture and sale of automobile components. The company is headquartered in Pune, Maharashtra and currently employs 2,556 full-time employees. The firm offers ride control products catering to various segments in the automotive industry. The company manufactures a range of ride control products, including shock absorbers, struts and front forks. The company has a presence across various business segments, such as two and three wheelers, passenger cars, commercial vehicles, railways and aftermarket. The company has developed various products, including adjustable electronic-hydraulic shock absorber for sports utility vehicle (SUV) vehicle in the aftermarket, Linke Hofmann Busch (LHB) product for high-speed railway coaches, McPherson struts, mono-tube inverted gas canister shoxs, front forks for motorcycles, floating piston shock absorbers and twin-tube mono shock absorbers, among others. The firm has manufacturing facilities in Chakan, Nashik, Dewas, Hosur, Khandsa, Parwanoo, Sanand, Aurangabad and Manesar.
Gabriel India Ltd. engages in the manufacture and sale of automobile components. The company is headquartered in Pune, Maharashtra and currently employs 2,556 full-time employees. The firm offers ride control products catering to various segments in the automotive industry. The company manufactures a range of ride control products, including shock absorbers, struts and front forks. The company has a presence across various business segments, such as two and three wheelers, passenger cars, commercial vehicles, railways and aftermarket. The company has developed various products, including adjustable electronic-hydraulic shock absorber for sports utility vehicle (SUV) vehicle in the aftermarket, Linke Hofmann Busch (LHB) product for high-speed railway coaches, McPherson struts, mono-tube inverted gas canister shoxs, front forks for motorcycles, floating piston shock absorbers and twin-tube mono shock absorbers, among others. The firm has manufacturing facilities in Chakan, Nashik, Dewas, Hosur, Khandsa, Parwanoo, Sanand, Aurangabad and Manesar.
Strong Revenue Growth: Gabriel India reported Q3 FY '26 stand-alone operating revenue up 16% year-on-year to INR 2,072 crores, and consolidated revenue also grew 16% YoY.
Profitability Improvement: EBITDA increased 21% YoY to INR 96 crores with margin improving to 9% from 8.6% last year; adjusted PAT rose 13% YoY.
New Business Wins: The company secured significant orders in sunroofs (Hyundai, 3 variants worth INR 120 crores annually from December 2027) and made inroads with Hero MotoCorp and in the e-bike segment.
Capacity & Utilization: Second sunroof line to be converted into a hybrid line, targeting 60-70% utilization as new orders ramp up; current 2-wheeler plant utilization is about 70%.
Localization Initiative: Localization in sunroof components increased to 33%, targeting 60% within the next 1-1.5 years to combat margin pressure from rising competition.
Industry Tailwinds: Management is optimistic on exports and growth, supported by favorable trade deals (India-EU FTA, US-India tariff cuts) and a strong Indian auto market backdrop.
