Gabriel India Limited · NSE:GABRIEL
Gabriel India — Q4 FY26 Earnings Presentation
49 slides from Gabriel India's earnings presentation, May 2026
Slide 1: Gabriel India Limited Investor Presentation
Gabriel India Limited Investor Presentation May 2026 1
Slide 2: Safe Harbor
SAFE HARBOR This presentation and the accompanying slides (the “Presentation”), has been prepared by Gabriel India Limited (the “Company”), solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form th
Slide 3: Table of Contents
TABLE OF CONTENTS 01 Q4 & FY26 Result Update 02 Corporate Overview 03 Business Overview 04 Strategy Going Forward Slides with no changes from Q1 FY26 have been removed, (like corporate overview). The investors may refer the investor’s presentation of Q1 FY26 for such slides. 3
Slide 4: Q4 & FY26 Standalone Results Update
Q4 & FY26 Standalone Results Update 4
Slide 5: Standalone Financial Highlights – Q4 & FY26
STANDALONE FINANCIAL HIGHLIGHTS – Q4 & FY26 EBITDA (Rs. Mn) and EBITDA margin (%) PBT (Rs. Mn) and PBT margin (%) Revenue (Rs. Mn) and Revenue Growth (%) YoY=15.9% QoQ=4.7% YoY=15.0% QoQ=(8.8)% YoY=19.3% QoQ=3.7% 8.0% 7.7% 8.8% 7.7% 9.3% 9.1% 9.0% 9.1% Quarterly 11,108 11,108 10,716 1,006 1,006 943
Slide 6: Standalone Financial Highlights – FY26
STANDALONE FINANCIAL HIGHLIGHTS – FY26 Balance Sheet Cash Flow Capex Net cash position of Rs. 2,974 Cash Flow from operations Capex incurred during the FY26 to the tune of Rs.2,674 Mn period Rs. 1,893 Mn as Mn as compared to Rs. 3,084 Mn in FY25 as compared to Rs.1,465 compared to Rs. 1,281 Mn Mn in
Slide 7: Standalone Quarterly Performance Trend
STANDALONE QUARTERLY PERFORMANCE TREND Revenue (Rs. Mn) and revenue growth (%) 59.5% 16.5% 15.4% 15.9% 19.3% YoY growth 36.1% 14.5% 13.6% 8.4% 13.9% (%) 7.7% 7.3% 6.9% 17.3% 11.8% 18.3% 7.7% 11,108 10,716 10,661 9,846 9,309 9,240 9,242 8,644 8,642 8,586 8,058 8,138 8,029 7,370 7,208 7,110 6,843 Q4FY
Slide 8: Standalone Quarterly Performance Trend
STANDALONE QUARTERLY PERFORMANCE TREND PAT (Rs. Mn) and PAT margin (%) 5.7% 6.1% 5.5% PAT margin 6.1% 5.9% 5.7% 5.8% 5.8% 5.7% 5.3% 5.4% 5.3% (%) 4.6% 4.6% 4.1% 4.5% 3.9% 656 613 607 557 540 540 527 527 512 470 429 425 369 332 332 292 267 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY2
Slide 9: Standalone Financial Track Record
STANDALONE FINANCIAL TRACK RECORD Revenue (Rs. Mn) EBITDA (Rs Mn) & EBITDA Margin (%) PBT(Rs Mn) & PBT Margin (%) +20.1% CAGR +30.1% CAGR +33.9% CAGR 8.8% 8.9% 9.0% 7.5% 7.8% 7.9% 7.2% 6.0% 42,330 6.0% 6.3% 5.4% 36,433 4.6% 33,426 29,717 3,353 3,827 2,847 23,320 3,242 2,500 2,930 16,948 1,779 2,137
Slide 10: Standalone Key Ratios
STANDALONE KEY RATIOS Return on Equity (ROE) (%) Return on Assets (ROA) (%) Dividend (Rs/share) *19.3% *12.2% 18.4 18.3 18.2 11.9 4.70 5.00 15.2 11.5 11.5 4.00 11.7 9.3 8.7 6.6 2.6 5.1 1.55 0.90 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 Current ratio (
Slide 11: Revenue Mix (Including Trading)
REVENUE MIX (INCLUDING TRADING) Segment Mix Channel Mix Aftermarket Mix 61% 25% 45% Q4FY26 90% 13% Q4FY26 Q4FY26 35% 10% 8% 1% 12% 61% 42% Q3FY26 24% 35% 13% 88% Q3FY26 Q3FY26 10% 2% 12% 14% 63% 45% Q4FY25 25% 37% 11% 88% Q4FY25 Q4FY25 8% 1% 12% 11% 62% 44% FY26 24% 34% 13% FY26 88% 9% 1% FY26 12% 1
Slide 12: Standalone Balance Sheet
STANDALONE BALANCE SHEET Assets (Rs. Mn) Mar-26 Mar-25 Mar-24 Equity and Liabilities Mar-26 Mar-25 Mar-24 (Rs. Mn) Non-current assets 8,018 6,179 5,577 Equity 13,331 11,567 10,086 Current assets 13,062 11,681 10,543 Non-Current Liabilities 703 350 356 Current liabilities 7,045 5,943 5,678 Total Asse
Slide 13: Gabriel Anand Vision
GABRIEL ANAND >> VISION TO BE AMONGST THE ] MANUFACTURERS IN THE WORLD EXPORTS MERGERS & ACQUISITIONS DOMESTIC DOMINANCE TECHNOLOGY ADVANCEMENT 13
Slide 14: Our Strategic Business Drivers: Exports
OUR STRATEGIC BUSINESS DRIVERS EXPORTS 14
Slide 15: Elevating Global Presence Through Exports
ELEVATING GLOBAL PRESENCE THROUGH EXPORTS Export Revenues (Rs. Mn) and % of total revenues 4% 3% 3% 3% 3% 3% 4% 3% 3% 3% 3% 2% 2% 345 341 321 316 304 301 286 285 275 237 234 232 196 Europe 27% Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 America 28% Asia 28% FY23-24 FY24-25 FY25-26 Africa 14% Export Compo
Slide 16: Our Strategic Business Drivers: Domestic Dominance
OUR STRATEGIC BUSINESS DRIVERS DOMESTIC DOMINANCE 16
Slide 17: Creating Value Through Domestic Business
CREATING VALUE THROUGH DOMESTIC BUSINESS GIL PERFORMANCE ACROSS SEGMENTS Segment FY26 Market Performance FY26 GIL Performance New Programs and SOP Top Customers Total Sales contribution Market Share (As per SIAM) (Q4 FY26) 2W/ 3W 2W Industry: 11.8% YoY growth in - Sales: 14.2% YoY - SOP-Suzuki Acces
Slide 18: Well-Entrenched Among All Emerging Segment Players
WELL– ENTRENCHED AMONG ALL EMERGING SEGMENT PLAYERS Segment Presence with Major OEMs GIL FY26 Performance 8% 60% 2W/3W EV Players GIL E2W market GIL E2W -E3W share at 60% in contribution to FY26 2W/3W segment revenues in FY26 65% 29% Utility Vehicles/ SUV-Coupe Share of utility GIL share of business
Slide 19: Gabriel Advances Into Future Mobility-eBikes
GABRIEL ADVANCES INTO FUTURE MOBILITY-EBIKES Global Outreach Gabriel showcased its latest innovations at Cycling Our Products Recent Updates World Europe (35,000 visitors, 3,000–4,000 industry • 35 Air and Coil • One Patent Granted, new Patents filed. professionals), unveiling a specially built bike
Slide 20: Gabriel Entry Into Solar Dampers
GABRIEL ENTRY INTO SOLAR DAMPERS • As solar energy continues to play a crucial role in the global shift towards sustainable practices, the reliability and durability of solar panels become paramount. • Solar Tracker - It is a device deployed along with solar panels, to direct it towards the sun. Tra
Slide 21: Gabriel Presence - Railways
GABRIEL PRESENCE- RAILWAYS 1978 2007 2016 2019 2021 2022 Conventional Coach 2024 EMU Coach LHB Coach Train 18 Coach WAG 9H Loco Vande Bharat Coach Siemens HP 9000 Loco Shox – 2 Variant Shox – 8 Variant Shox – 6 Variant Shox – 4 Variant Shox – 4 Variant Shox – 4 Variant Shox – 4 Variant 4 Nos / Coach
Slide 22: Aftermarket
AFTERMARKET FY26 Performance and Outlook: Aftermarket Mix (%) Aftermarket Sales (Rs. Mn) ) • Achieved 8.3% YoY sales growth over FY24-25 Allied +13.6% CAGR 12% • Launched new product lines-2W Drum Brake, 2W Clutch Pulley &PC Coil Spring Pads 4,870 4,497 4192 3,876 3,315 • Launched 249 SKU’s in FY26
Slide 23: Our Strategic Business Drivers: Merger & Acquisition
OUR STRATEGIC BUSINESS DRIVERS MERGER & ACQUISITION 23
Slide 24: IGSSPL (Inalfa Gabriel Sunroof Systems)
IGSSPL (INALFA GABRIEL SUNROOF SYSTEMS) • 2 in every 5 utility vehicles Entered into a JV with now have a sunroof with • Setup a plant in Chennai with an annual penetration as high as 70% production capacity of 200,000 sunroofs for Aspiration to hit Rs. 10 Bn in Netherland based Inalfa Roof revenues
Slide 25: Revised arrangement between Inalfa & Gabriel India for IGSSPL - Update
Revised arrangement between Inalfa & Gabriel India for IGSSPL - Update • On November 12, 2025, the Board of Directors of the Gabriel India accorded their approval for initialization of Revised Joint Venture Revised JV Agreement between the Company, Inalfa Roof Systems Group B.V. (‘Inalfa’) and Inalf
Slide 26: Asset Purchase Agreement
ASSET PURCHASE AGREEMENT • Acquired additional capacity of 3.2 Mn shock absorbers and 1 Mn gas springs. Asset purchase agreement (APA) License agreement and technical • Since all the conditions precedents of between MMAS (Marelli Motherson assistance agreement signed with the aforesaid transaction a
Slide 27: Business Restructuring - Strategic Rationale
BUSINESS RESTRUCTURING - STRATEGIC RATIONALE Update: The NCLT has vide its order dated May 11, 2026 sanctioned the Composite Scheme of Arrangement, and the Scheme has become operative effective from May 22, 2026. Transformation of • Transformation of Gabriel (through itself or through its investment
Slide 28: Business Restructuring - Transaction Mechanics
BUSINESS RESTRUCTURING - TRANSACTION MECHANICS Scheme Steps Action & Mechanics AIPL and Other Promoters Public Step 1: Appointed Merger of Anchemco into 63.5% 36.5% Date – 1st April, AIPL 2025 Gabriel Demerger of Business (Dampers, Shock absorbers, Front forks & Step 2: Appointed Undertaking (Busine
Slide 29: JV Between Gabriel and Jinhap
JV BETWEEN GABRIEL AND JINHAP An affiliate of JINOS About JINHAP Global Player in Auto and Industrial Fastener Technology and Precision Forged Products Year founded: 1978 Headquarter: Daejeon, South Korea Revenue: ~ 594 Bn KRW (~USD 435 Mn) in CY24 Employees: ~1200 Plant locations: 3 plants in South
Slide 30: Details of the Transaction
DETAILS OF THE TRANSACTION - JV announced between Gabriel India Limited (GIL) and Jinhap Korea (an affiliate of JINOS) to enter the business of fasteners. - GIL is holding 51% in the JV, making Jinhap Gabriel Auto India Private Limited a subsidiary of GIL, effective February 27, 2026 Rationale of th
Slide 31: JV Between Gabriel and SK Enmove
JV BETWEEN GABRIEL AND SK Enmove Part of SK Group About SK Enmove Global Player in Base Oil, Lubricants and Functional Fluids - World’s largest producer of premium base oil with 500 + blending formulations and global presence in Lubricants - Part of SK Group, Korea’s 2nd largest conglomerate Revenue
Slide 32: Details of the Transaction
DETAILS OF THE TRANSACTION - JV between Gabriel India Limited (GIL) and SK Enmove (SKEN) to enter the business of lubricants and functional fluids. - JVA was signed at SK HQ, Korea on 15th October 2025. - GIL is holding 49% in SK Enmove Gabriel India Private Limited, making it a JV effective Februar
Slide 33: Consolidated Financial Highlights – Q4 & FY26
CONSOLIDATED FINANCIAL HIGHLIGHTS – Q4 & FY26 Revenue (Rs. Mn) PBT (Rs. Mn) and PBT Margin (%) EBITDA (Rs. Mn) and EBITDA Margin (%) YoY=12.7% QoQ=2.6% YoY=6.5% YoY=5.5% QoQ=8.2% QoQ=5.7% 10.2% 9.7% 9.4% 9.7% 8.1% 7.6% 7.2% 7.6% Quarterly 12,096 11,787 12,096 1,169 1,169 922 922 10,732 1,098 1,106 8
Slide 34: Consolidated Profit & Loss Statement
CONSOLIDATED PROFIT & LOSS STATEMENT Particulars (Rs. Mn) Q4 FY26 Q3 FY26 Q4 FY25 FY26 FY25 Consolidated P&L Revenue from operations 12,096 11,787 10,732 46,669 40,634 Raw material % to sales 74.7% 73.9% 73.8% 73.9% 74.1% Employee costs % to sales 5.7% 6.1% 5.9% 6.2% 6.2% Gabriel India Limited Other
Slide 35: Technological Advancement
TECHNOLOGICAL ADVANCEMENT TECHNOLOGICAL ADVANCEMENT 35
Slide 36: Gabriel Europe Engineering Centre (GEEC)
GABRIEL EUROPE ENGINEERING CENTRE (GEEC) R&D Location for Gabriel R&D Competencies Advanced Damper design Material expertise Damper Control Logics NVH damper test rig Comfort and NVH assessments Vehicle dynamics on car and virtual engineering 36
Slide 37: Gabriel Pune Tech Centre: IGBC Certified Green Building
GABRIEL PUNE TECH CENTRE: “IGBC” CERTIFIED GREEN BUILDING 37
Slide 38: Gabriel Tech Centre: Powering Our Future, Driving Possibilities
GABRIEL TECH CENTRE: POWERING OUR FUTURE, DRIVING POSSIBILITIES TECHNOLOGICAL COLLABORATION/ ASSISTANCE Chakan, Maharashtra PATENTS FILED TILL DATE - 100 PATENTS GRANTED TILL DATE - 34 Hosur, Tamil Nadu 38
Slide 39: R&D, Innovation and Technology: Essential Components for Strategic Evolution
R&D, INNOVATION AND TECHNOLOGY: ESSENTIAL COMPONENTS FOR STRATEGIC EVOLUTION At Gabriel India, our constant endeavors towards investing in R&D, innovation and technology are considered integral to our continuous improvement process. ELEMENTS OF 3- Our R&D technology centers at Hosur and Chakan ( rec
Slide 40: CORE 90 Cost Reduction Drive
CORE 90 (COST REDUCTION IN 90 DAYS) WORKING CASH RMC CAPITAL DEBTORS CREDITORS INVENTORY TEAM 1 WORKING CAPITAL COST FIXED MANUFACTURING COST OPTIMISATION - FOH OVERALL MPC QUALITY SPEED EFFICIENCY RMC PRODUCTIVITY KEY TO SUCCESS PROJECTS PROJECTS IS SPEED & URGENCY TEAM 2 TEAM 3 VOH FOH VOH WORKING
Slide 41: Awards & Accolades During Q4 FY26
AWARDS & ACCOLADES DURING Q4 FY26 Fastest Development Award from Suzuki Motorcycles at the Annual Supplier Conference 2026
Slide 42: Human Resources
HUMAN RESOURCES In-depth Seasoned Resources Sectoral Know How Strong Employee Connect Partnership-oriented Employee-friendly Approach Systems And Policies Key Metrics FY26 FY25 FY24 FY23 FY22 FY21 6.0 7.9 8.0 8.0 8.0 8.0 Average employee experience (person years) Investment in training programs (Rs.
Slide 43: Sustainability Mission
SUSTAINABILITY MISSION TO BE CARBON & WATER NEUTRAL BY 2030 WITH ZERO WASTE TO LANDFILL 43
Slide 44: Sustainability
SUSTAINABILITY Focus area Ambition Status FY26 Status FY25 Waste Management/ Waste 7 out 7 plants achieved zero 1 out 7 plants achieved zero waste All sites to achieve zero waste to landfill (ZWTL) status by 2030 Stewardship waste to landfill to landfill Water Stewardship To achieve water-neutral ope
Slide 45: Corporate Social Responsibility (CSR)
CORPORATE SOCIAL RESPONSIBILITY (CSR) The SNS Foundation (SNSF), established in 1976, serves as the CSR arm of the ANAND Group and operates as an independent non-profit organization. It aligns its initiatives with the United Nations’ Sustainable Development Goals (SDGs), focusing on empowering commu
Slide 46: GIL Leadership
GIL Leadership 46
Slide 47: Board of Directors
BOARD OF DIRECTORS Anjali Singh Mahendra K Goyal Atul Jaggi Executive Chairperson Gabriel India Group President & Group CEO ANAND Group Managing Director Gabriel India Mahua Acharya Pallavi Joshi Bakhru BVR Subbu Non-Executive Independent Director Non-Executive Independent Director Non-Executive Ind
Slide 48: Executive Leadership
EXECUTIVE LEADERSHIP Anand Sontakke Amitabh Srivastava R. Vasudevan Chief Operating Officer- Mohit Srivastava Chief Operating Officer Railways and Aftermarket Chief Commercial Officer Chief Financial Officer Atul Jaggi Managing Director Koen Reybrouck Vinod Razdan Abdul Wahid Chief Technical Advisor
Slide 49: For Further Information, Please Contact
FOR FURTHER INFORMATION, PLEASE CONTACT: Company: Investor Relations Advisors : Gabriel India Ltd. Strategic Growth Advisors Pvt. Ltd. CIN : L34101PN1961PLC015735 CIN : U74140MH2010PTC204285 Mr. Nilesh Jain Mr. Jigar Kavaiya / Neha Shroff secretarial@gabriel.co.in jigar.kavaiya@sgapl.net/ neha.shrof