Gabriel India Limited (GABRIEL)
Large CapAuto stocks · Large cap · NSE
Gabriel India Limited manufactures shock absorbers, struts, and other auto components for 2W/3W, PV, and CV segments. It also has JVs in drivetrain products, body-in-white solutions, synchronizer rings, and lubricants, serving OEM and aftermarket segments in India and globally. R&D centers in Hosur and Chakan drive innovation.
One read, four checks
75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.
Mixed fundamentals, management trust is supportive, price trend argues for patience, and recent execution is consistent.
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
low confidence · 0/0 claims checked
Timing lens: price trend and sector relative strength.
Rolling lens: recent quarterly delivery, not the latest single-result score.
Quarter ended 30 Jun 2026
Average · 32/100margin compression · Rev +16% YoY · PAT +3% YoY
| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹1,426 Cr | +15.6% | +3.3% |
| EBITDA | ₹124 Cr | +5.1% | -6.8% |
| Operating margin | 9.0% | -100 bps | -100 bps |
| PAT | ₹108 Cr | +2.9% | -9.2% |
| PAT margin | 7.6% | -94 bps | -105 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Business & thesis
Growth engines, tailwinds/headwinds, and risk radar from management commentary
Business & thesis
Growth engines, tailwinds/headwinds, and risk radar from management commentary
Where growth can come from, and what can break the case
Q1 FY27 standalone revenue grew 18.9% YoY to Rs 12,742 Mn, with PBT up 27.6% YoY to Rs 998 Mn. However, standalone EBITDA margin declined to 8.4% from 9.3% YoY and 9.2% QoQ, indicating profitability pressure despite strong top-line growth. Consolidated results show similar trends.
While revenue growth remains strong across segments, the standalone and consolidated EBITDA margins have contracted both YoY and QoQ. This indicates potential pressure on profitability, possibly from raw material costs or operating expenses, which needs closer monitoring. The increase in Net Working Capital Days and Debt:Equity ratio also warrants attention.
Revenue by Product Category (Standalone Q1 FY27)
Latest issuer-disclosed distribution across 5 reported categories.
2W/3W Segment Growth
Positive2W/3W sales grew 21% YoY, driven by strong demand from key customers and new programs with Bajaj Auto, Piaggio, M&M 2W, Royal Enfield.
Commercial Vehicle Segment Growth
PositiveCV sales grew 13.3% YoY, driven by rising demand for cabin dampers and new suspension programs for Ashok Leyland.
EV Component Penetration
PositiveGIL E2W market share at 57% in Q1 FY27; E2W-E3W contributes 10% to 2W/3W segment revenues. SOP commenced for FSD supplies Sierra EV.
Aftermarket Expansion
PositiveLaunched 26 SKUs in Q1 FY27, focusing on B & C class towns and new geographies in Latin America, Australia & Africa for export growth.
R&D Centre Expansion
PositiveR&D technology centers at Hosur and Chakan (recently launched).
New Product Manufacturing (Exports)
PositiveManufacturing of solar dampers and e-bike forks expected from FY27 for exports.
Strong Domestic Auto Demand
Positive2W Industry: 22.8% YoY growth in production; PV Industry: 16.8% YoY growth; CV Industry: 15.2% YoY growth (as per SIAM Q1 FY27).
New Program Wins
PositiveSOP-Bajaj Auto, Piaggio, M&M 2W, Royal Enfield, Piaggio; LOI from TVSM, Suzuki, HMSI & M&M 2W; SOP for FSD supplies Sierra EV; SOP for multiple suspension programs of AL.
Profitability Pressure
NegativeStandalone EBITDA margin declined to 8.4% in Q1 FY27 from 9.3% YoY and 9.2% QoQ. Consolidated EBITDA margin declined to 8.7% from 9.8% YoY and 9.9% QoQ.
Increased Working Capital & Debt
NegativeNet Working Capital Days for Jun-26 stood at 33 days (vs 30 days in FY26). Debt of Anchemco India Pvt Ltd’s business transferred, stands at Rs. 844 Mn as on June 2026, increasing Debt:Equity to 0.09 in FY26.
Raw Material Cost Volatility
NeutralManagement initiated 'CORE 90' drive with RMC projects for cost reduction, indicating raw material costs are a focus area.
Management accountability
What management said, and what results must prove
Management accountability
What management said, and what results must prove
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
YoY comparison is crucial for understanding underlying demand trends and market share changes in the seasonal auto industry. QoQ comparison is important to assess sequential momentum, cost management, and the immediate impact of operational efficiencies or pressures.
Volume Growth (2W/3W)
Positive2W/3W (including Aftermarket) Sales: 21% YoY growth
Volume Growth (PV)
NeutralPassenger Vehicles (including Aftermarket) Sales: 5.5% YoY growth
Volume Growth (CV)
PositiveCommercial Vehicles (including Aftermarket and Railways) Sales: 13.3% YoY growth
EBITDA Margin (Standalone)
NegativeQ1FY27 EBITDA margin 8.4% vs Q1FY26 9.3% (YoY) and Q4FY26 9.2% (QoQ)
Cost Optimization Focus
PositiveInitiated 'CORE 90' drive focusing on cost reduction in RMC, VOH, FOH, and optimizing working capital for quality, speed, and efficiency.
Global Expansion Strategy
PositiveLeveraging relationships with Global OEMs in India to penetrate their Global Operations; focusing on Latin American, Australia & African Markets for aftermarket export growth.
R&D and Innovation
PositiveConstant endeavors towards investing in R&D, innovation and technology are integral to continuous improvement, with 100 patents filed and 34 granted.
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| EBITDA Margin (Standalone) | 8.4% (Q1 FY27) | Stabilization or improvement from current levels, indicating effective cost management. |
| Net Working Capital Days | 33 days (Jun-26) | Reduction towards FY26 levels (30 days) or lower, indicating better operational efficiency. |
| EV Segment Contribution | 10% of 2W/3W segment revenues (Q1 FY27) | Continued growth in contribution and market share in the evolving EV space. |
| Export Revenue Growth | 3% of total revenues (Q1 FY27) | Increased percentage contribution from exports, validating global expansion efforts. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trend score and candlestick chart
43NeutralMACD − · sector -3.3pp vs Nifty (3M)
Technical chart
GABRIELdaily · 1Y · AUTO+44.0%Daily technical trend read
NeutralTrend is undirectional — long-term uptrend intact. RSI 44.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 roughly flat — short-term momentum stalled.
- RSI(14) at 44 — sideways, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 15% off 52W high · 70% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Relative Strength & Trend Stage
- Price is 19.7% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +6.1%.
- Both 3-month and 6-month returns are positive.
Valuation & score drivers
U-Score 51 · FAIR VALUE · pillar breakdown, sector model, fair-value anchor
Valuation & score drivers
U-Score 51 · FAIR VALUE · pillar breakdown, sector model, fair-value anchor
Fundamental score breakdown
FAIR VALUEWhy this score?
Top U-Score contributors and drags from the latest stored fundamentals.
Positive drivers
- Piotroski is strong at 8/9.
- Balance sheet contributes 11/15 to the score.
- Growth contributes 17/25 to the score.
Main drags
- Fair-value margin of safety is negative at -48.6%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
- Cash flow is weaker at 5/10; verify the latest quarterly trend.
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Score history
12 stored score snapshots. Latest stored move: -1 points.
Factor attribution
Modelled fair value
Trust score
Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth
Trust score
Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Healthy Trust: Claim history is still being built. It ranks around the 95th percentile of the scored universe and 90th percentile within Auto. No major sub-score weakness stands out.
High Trust Lite: Promoter holding is 63.6%.
Generally investable credibility. Look for weak sub-scores before increasing position size.
overall median 67 · Auto: 90th pctile, median 74 · Large: 88th pctile, median 73
96 documents have extracted text, but claim history is not strong enough yet.
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Healthy Trust · low confidenceRead Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Trust positives
- ▸Promoter holding is 63.6%.
- ▸Promoter pledge is zero.
- ▸Promoter holding increased 8.6%.
- ▸FCF yield is positive at 0.4%.
Trust risks
- ▸No major Trust Lite risk flags.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Financials
Full fundamentals table and 10-year revenue / profit / ROE history
Financials
Full fundamentals table and 10-year revenue / profit / ROE history
Fundamentals
Valuation
- P/E
- 66.60
- P/B
- 14.20
- EV/EBITDA
- 40.90
- Market Cap
- 23983.00Cr
Profitability
- ROE
- 20.20%
- ROCE
- 25.60%
- ROA
- 14.46%
- Dividend Y
- 0.37%
Growth (CAGR)
- Revenue 5Y
- 57.00%
- EPS 5Y
- 57.00%
- Revenue 3Y
- 63.00%
- EPS 3Y
- 63.00%
Balance Sheet
- Debt/Equity
- 0.11
- Interest Coverage
- 23.85×
- Altman Z
- 9.76
- Book Value
- 95.30
Cash Flow
- FCF Yield
- 0.40%
- FCF Positive Y
- 3/5
- OCF
- 345.00 Cr
- EPS TTM
- 22.91
Shareholding
- Promoter Hold
- 63.55%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 69%
Financial History
Updated 5/9/2026
Revenue
₹ CrNet Profit
₹ CrReturn on Equity
%Peers
Business-comparable names in Auto, ranked by similarity
Peers
Business-comparable names in Auto, ranked by similarity
Peers
Business-comparable peers in Auto — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.