Gabriel India Limited · NSE:GABRIEL
Gabriel India — Q3 FY26 Earnings Presentation
48 slides from Gabriel India's earnings presentation, Feb 3, 2026
Slide 1: Exchange intimation letter for investor presentation
Date: February 03, 2026 BSE Limited National Stock Exchange of India Limited 25th Floor, P. J. Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Bandra (E), MUMBAI – 400 001 MUMBAI – 400 051 (Company Code: 505714) (Company Code: GABRIEL) Sub: Disclosure under Regulation 30(2) of SEBI (List
Slide 2: Gabriel India Limited Investor Presentation
Gabriel India Limited Investor Presentation February 2026 1
Slide 3: 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 4: Table of Contents
TABLE OF CONTENTS 01 Q3 & 9M 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 5: Q3 & 9M FY26 Standalone Results Update
Q3 & 9M FY26 Standalone Results Update 4
Slide 6: Standalone Financial Highlights – Q3 & 9M FY26
STANDALONE FINANCIAL HIGHLIGHTS – Q3 & 9M FY26 EBITDA (Rs. Mn) and EBITDA margin (%) PBT (Rs. Mn) and PBT margin (%) Revenue (Rs. Mn) and Revenue Growth (%) YoY=21.0% QoQ=0.5% YoY=33.3% QoQ=16.0% YoY=15.9% QoQ=0.5% 7.7% 8.8% 7.6% 8.8% 8.6% 9.0% 9.0% 9.0% Quarterly 10,716 10,661 10,716 794 961 956 96
Slide 7: Standalone Financial Highlights – 9M FY26
STANDALONE FINANCIAL HIGHLIGHTS – 9M FY26 Balance Sheet Cash Flow Capex Net cash position of Rs. 3,022 Cash Flow from operations Capex incurred during the 9M FY26 to the tune of Rs.1,450 Mn period Rs. 1,387 Mn as Mn as compared to Rs. 2,960 Mn in 9M FY25 as compared to Rs.1,117 compared to Rs. 952 M
Slide 8: Standalone Quarterly Performance Trend
STANDALONE QUARTERLY PERFORMANCE TREND Revenue (Rs. Mn) and revenue growth (%) 59.5% 15.4% 15.9% 14.5% 16.5% 13.6% 8.4% 13.9% YoY growth 36.1% 6.9% 11.8% 7.7% 7.3% (%) 18.3% 17.3% 7.7% 13.3% 10,661 10,716 8,586 8,642 9,240 9,242 9,309 9,846 6,061 6,843 7,208 8,029 7,110 7,370 8,058 8,644 8,138 Q3FY2
Slide 9: Standalone Quarterly Performance Trend
STANDALONE QUARTERLY PERFORMANCE TREND PAT (Rs. Mn) and PAT margin (%) 6.1% 6.1% 5.7% 5.8% 5.8% 5.7% 5.7% 5.4% 5.9% PAT margin 5.3% 5.3% 4.6% 4.6% 4.5% (%) 3.9% 4.1% 656 4.2% 607 557 540 540 527 527 512 470 429 425 369 332 332 292 267 255 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY2
Slide 10: Standalone Financial Track Record
STANDALONE FINANCIAL TRACK RECORD Revenue (Rs. Mn) EBITDA (Rs Mn) & EBITDA Margin (%) PBT(Rs Mn) & PBT Margin (%) +21.1% CAGR +33.4% CAGR +38.3% CAGR 8.9% 9.0% 7.5% 7.8% 8.0% 8.8% 7.2% 6.0% 6.0% 6.3% 5.4% 36,433 4.6% 33,426 31,222 2,847 29,717 3,242 2,500 2,493 2,930 2,823 23,320 1,779 2,137 16,948
Slide 11: Key Ratios
KEY RATIOS Return on Equity (ROE) ^ (%) Return on Assets (ROA) ^ (%) Dividend (Rs/share) & payout 21 25 28 31 32 23.5 Payout *20.3% *12.6% % % % % % % Ratio 18.4 18.3 19.0 4.70 15.2 11.5 11.9 11.8 4.00 11.7 9.3 2.6 8.7 6.6 1.90 5.1 1.55 0.90 FY21 FY22 FY23 FY24 FY25 9MFY26 FY21 FY22 FY23 FY24 FY25 9
Slide 12: Revenue Mix (Including Trading)
REVENUE MIX (INCLUDING TRADING) Segment Mix Channel Mix Aftermarket Mix 61% 42% Q3FY26 24% 88% Q3FY26 35% 13% Q3FY26 10% 12% 2% 14% 64% 44% Q2FY26 23% 89% Q2FY26 34% 12% Q2FY26 10% 1% 11% 12% 64% 44% Q3FY25 24% Q3FY25 36% 11% 87% 8% Q3FY25 2% 13% 12% 63% 44% FY25 24% FY25 36% 11% 88% 8% 2% FY25 12%
Slide 13: Balance Sheet
BALANCE SHEET Assets (Rs. Mn) Dec-25 Mar-25 Mar-24 Equity and Liabilities Dec-25 Mar-25 Mar-24 (Rs. Mn) Non-current assets 7,151 6,179 5,577 Equity 12,732 11,567 10,086 Current assets 13,392 11,681 10,543 Non-Current Liabilities 500 350 356 Current liabilities 7,311 5,943 5,678 Total Assets 20,543 1
Slide 14: Gabriel Anand Vision
GABRIEL ANAND >> VISION TO BE AMONGST THE ] MANUFACTURERS IN THE WORLD EXPORTS MERGERS & ACQUISITIONS DOMESTIC DOMINANCE TECHNOLOGY ADVANCEMENT 13
Slide 15: Our Strategic Business Drivers: Exports
OUR STRATEGIC BUSINESS DRIVERS EXPORTS 14
Slide 16: Elevating Global Presence Through Exports YTD
ELEVATING GLOBAL PRESENCE THROUGH EXPORTS YTD Export Revenues (Rs. Mn) and % of total revenues 4% 2% 3% 3% 3% 3% 3% 3% 3% 4% 4% 3% 3% 341 340 321 316 304 301 290 286 285 237 234 232 196 Europe 22% Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 America 29% Asia 29% FY23-24 FY24-25 FY25-26 Africa 15% Export C
Slide 17: Our Strategic Business Drivers: Domestic Dominance
OUR STRATEGIC BUSINESS DRIVERS DOMESTIC DOMINANCE 16
Slide 18: Creating Value Through Domestic Business
CREATING VALUE THROUGH DOMESTIC BUSINESS GIL PERFORMANCE ACROSS SEGMENTS Segment 9M FY26 Market Performance 9M FY26 GIL Performance New Programs (Q3 FY26) Top Customers Total Sales contribution Market Share (As per SIAM) 2W/ 3W 2W Industry: 8.8% YoY growth in - Sales: 13.3% YoY - SOP-Bajaj-Riki-e-3W
Slide 19: Well-Entrenched Among All Emerging Segment Players
WELL– ENTRENCHED AMONG ALL EMERGING SEGMENT PLAYERS Segment Presence with Major OEMs GIL 9M FY26 Performance 8% 62% 2W/3W EV Players GIL E2W market GIL E2W -E3W share at 62% in contribution to 9M FY26 2W/3W segment revenues in 9MFY26 64% 29% Utility Vehicles/ SUV-Coupe Share of utility GIL share of
Slide 20: Gabriel Advances Into Future Mobility - eBikes
GABRIEL ADVANCES INTO FUTURE MOBILITY-EBIKES Upcoming Developments • Dropper Post with light integration • Upside Down Fork Technology acquired. • USD Fork • 35 Air and Coil • Several European customers have placed sample orders. • Patent applications submitted for two innovative designs. • Effectiv
Slide 21: 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 22: Gabriel Presence - Railways
GABRIEL PRESENCE- RAILWAYS 1978 2007 2016 2019 2021 2022 2024 Conventional Coach 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 23: Aftermarket
AFTERMARKET 9M FY26 Performance and Outlook: Aftermarket Mix (%) Aftermarket Sales (Rs. Mn) ) • Achieved 10.7% YoY sales growth over 9M FY25 Allied +15.0% CAGR 11% • Launched new product line-2W Drum Brake, 2W Clutch Assembly &PC Coil Spring Pads 4,497 4192 3,876 3,727 3,315 2,573 • Launched 215 SKU
Slide 24: Our Strategic Business Drivers: Merger & Acquisition
OUR STRATEGIC BUSINESS DRIVERS MERGER & ACQUISITION 23
Slide 25: 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 26: 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 27: 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 28: Business Restructuring - Strategic Rationale
BUSINESS RESTRUCTURING - STRATEGIC RATIONALE Update: An order pronounced on 29.01.2026 by the Hon’ble NCLT, Mumbai, directing the convening of a shareholders’ meeting has been uploaded on the NCLT website. The certified true copy of the order is awaited. Transformation of • Transformation of Gabriel
Slide 29: 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 30: 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 31: 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 would be investing Rs. 268 Mn by way of cash which would lead GIL holding 51% in the JV and making Jinhap Automotive India Private Limited
Slide 32: 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 33: 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. - GIL: SKEN to have 49:51 shareholding: GIL to infuse Rs.294 Mn in the equity share capital of the JV Co., in one or more tranches upon its incorporatio
Slide 34: Consolidated Financial Highlights – Q3 & 9M FY26
CONSOLIDATED FINANCIAL HIGHLIGHTS – Q3 & 9M FY26 Revenue (Rs. Mn) PBT (Rs. Mn) and PBT Margin (%) EBITDA (Rs. Mn) and EBITDA Margin (%) YoY=15.9% QoQ=(0.1%) YoY=8.6% QoQ=(6.3%) YoY=19.6% QoQ=(4.8%) 9.1% 9.4% 9.8% 9.4% 7.7% 7.2% 7.7% 7.2% Quarterly 11,787 11,803 11,787 925 1106 1162 1106 910 10,166 8
Slide 35: Consolidated Profit & Loss Statement
CONSOLIDATED PROFIT & LOSS STATEMENT Particulars (Rs. Mn) Q3 FY26 Q2 FY26 Q3 FY25 9M FY26 9M FY25 FY25 Consolidated P&L Revenue from operations 11,787 11,803 10,166 34,573 29,902 40,634 Raw material % to sales 73.9% 73.8% 74.3% 73.6% 74.2% 74.1% Employee costs % to sales 6.1% 6.5% 6.4% 6.4% 6.3% 6.2
Slide 36: Technological Advancement
TECHNOLOGICAL ADVANCEMENT TECHNOLOGICAL ADVANCEMENT 35
Slide 37: 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 38: Gabriel Pune Tech Centre: IGBC Certified Green Building
GABRIEL PUNE TECH CENTRE: “IGBC” CERTIFIED GREEN BUILDING 37
Slide 39: 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 - 87 PATENTS GRANTED TILL DATE - 32 Hosur, Tamil Nadu 38
Slide 40: 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 41: Awards & Accolades During Q3 FY26
AWARDS & ACCOLADES DURING Q3 FY26 TVS Motors awarded GIL Parwanoo ‘Best in Process Control GIL Hosur received Clean Energy Champion Award for delivering 100% Quality Performance’ . Award by TVS Motors It also won Quality Improvement Case Study Award.
Slide 42: Sustainability Mission
SUSTAINABILITY MISSION TO BE CARBON & WATER NEUTRAL BY 2027 WITH ZERO WASTE TO LANDFILL 41
Slide 43: Sustainability
SUSTAINABILITY Focus area Ambition 9M FY26 Progress 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 2027 Stewardship waste to landfill to landfill Water Stewardship To achieve water-neutra
Slide 44: 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 45: GIL Leadership
GIL Leadership 44
Slide 46: 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 47: Executive Leadership
EXECUTIVE LEADERSHIP Anand Sontakke Amitabh Srivastava R. Vasudevan Chief Operating Officer- Mohit Srivastava Chief Operating Officer Railways and Aftermarket Chief Marketing Officer Chief Financial Officer Atul Jaggi Managing Director Prashant Shah Koen Reybrouck Vinod Razdan Abdul Wahid Chief Purc
Slide 48: 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