Gabriel India Limited reports a 15.9% YoY increase in revenue for Q3 FY26, reaching ₹10,716 million. EBITDA and PBT margins remain strong at 9.0% and 8.8% respectively. For 9M FY26, revenue grew by 15.1% YoY to ₹31,222 million, with both EBITDA and PBT showing robust growth. The company continues to focus on exports, new product development, and sustainability initiatives.
Financial Performance
Gabriel India Limited’s standalone financial highlights for Q3 FY26 include:
- Revenue of ₹10,716 million, reflecting a 15.9% year-over-year growth.
- EBITDA of ₹961 million with an EBITDA margin of 9.0%.
- PBT of ₹943 million with a PBT margin of 8.8%.
Key financial highlights for 9M FY26 include:
- Revenue of ₹31,222 million, a 15.1% increase compared to the previous year.
- EBITDA of ₹2,823 million.
- PBT of ₹2,493 million.
The company’s balance sheet remains strong, with a net cash position of ₹3,022 million. Capex for 9M FY26 was ₹1,387 million, supporting growth initiatives.
Business Segments
Gabriel India is well-entrenched among all emerging segment players, demonstrating a strong presence with major OEMs and a significant market share in both the 2W/3W EV and Utility Vehicles/SUV-Coupe segments.
Strategic Initiatives
Gabriel India is advancing into future mobility with e-bikes. The company acquired Upside Down Fork Technology, several European customers have placed sample orders. Patent applications have been submitted for two innovative designs.
The company is venturing into solar dampers, a market estimated at USD 326 Mn in 2025. Three customer orders were won. It also maintains a significant presence in the railways sector.
Aftermarket Performance
Gabriel India achieved a 10.7% YoY sales growth in the aftermarket segment during 9M FY25. The company launched a new product line, increased SKU’s, and is focused on Latin American, Australian, and African markets.
Sustainability
Gabriel India is committed to sustainability. It aims to be carbon and water neutral by 2027, with zero waste to landfill. Seven plants have achieved zero waste to landfill status.
Source: BSE