Nature of Disclosure: Regulatory filing under SEBI Listing Regulation 30(2) submitting the Investor Presentation for the quarter and year ended March 31, 2026.
Standalone Financial Performance - Q4 FY26
- Revenue: ₹12,096 Mn
- EBITDA: ₹1,169 Mn (9.7% margin)
- PBT Before Exceptional Items: ₹922 Mn (7.6% margin)
- Exceptional Items: ₹4.5 Mn
- PAT: ₹665 Mn (5.5% margin)
- PAT (Adjusted for Exceptional Items): ₹669 Mn
- EPS: ₹4.6
Standalone Financial Performance - FY26 Full Year
- Revenue: ₹46,669 Mn (compared to ₹40,634 Mn in FY25)
- EBITDA: ₹4,518 Mn (9.7% margin)
- PBT Before Exceptional Items: ₹3,499 Mn (7.5% margin)
- Exceptional Items: ₹138 Mn
- PAT: ₹2,522 Mn (5.7% margin)
- PAT (Adjusted for Exceptional Items): ₹2,660 Mn
- EPS: ₹17.5
Key Financial Metrics
- Capex incurred: ₹1,893 Mn in FY26 (compared to ₹1,281 Mn in FY25)
- Net Cash position: ₹2,974 Mn as of March 31, 2026 (₹3,022 Mn at Dec-25, ₹3,084 Mn at Mar-25)
- Net Working Capital Days: 28 days in FY26 (reduced from 30 days in Q3 FY26 and 29 days in FY25)
- Raw material cost: 73.9% of sales in FY26 (74.1% in FY25)
- Employee costs: 6.2% of sales in FY26 (6.2% in FY25)
- Other expenses: 10.5% of sales in FY26 (10.0% in FY25)
Business Restructuring Update
- NCLT sanctioned the Composite Scheme of Arrangement on May 11, 2026
- Scheme became operative effective from May 22, 2026
- Scheme mechanics:
- Step 1 (Appointed Date April 1, 2025): Merger of Anchemco into AIPL
- Step 2 (Appointed Date April 1, 2026): Demerger of Business Undertaking from AIPL into Gabriel
- Step 3: Gabriel to issue shares to AIPL's shareholders
- Rationale: Transformation from single product suspension company to diversified mobility solutions provider
New Joint Ventures
Jinhap Gabriel Auto India Private Limited (Effective February 27, 2026)
- 51% ownership by Gabriel India Limited
- Partner: Jinhap Korea (affiliate of JINOS)
- Rationale: Entry into fasteners business to address anchor customer localization needs
SK Enmove Gabriel India Private Limited (Effective February 27, 2026)
- 49% ownership by Gabriel India Limited
- Partner: SK Enmove (part of SK Group, Korea)
- JVA signed on October 15, 2025
- Product portfolio: Engine Oils, E-fluids, Shock Absorber Oil, Industrial Lubricants, Greases, E-thermal Fluids
- Rationale: Leverage OEM customer base and aftermarket channel
Subsidiary and JV Structure
Wholly Owned Subsidiaries:
- Inalfa Gabriel Sunroof Systems Private Limited
- Gabriel Europe Engineering Centre
Joint Ventures:
- Jinhap Gabriel Auto India Private Limited (Subsidiary)
- SK Enmove Gabriel India Private Limited (JV)
Operational Highlights
Segment Performance FY26:
- 2W/3W Segment: Sales growth of 14.2% YoY
- Passenger Vehicles: Sales growth of 16.7% YoY
- Commercial Vehicles: Sales growth of 34.8% YoY
- Exports: Focus on Latin American, Australian, and African markets
- Aftermarket: Launched 249 SKUs in FY26, launched new product lines including 2W Drum Brake, 2W Clutch Pulley & PC Coil Spring Pads
Market Position:
- 60% market share in E2W segment in FY26
- 65% share of utility vehicle sales in PV business
Strategic Initiatives
- Major capex spent on growth initiatives including Chakan 2 plant and Hosur-2 land for expansion
- Entry into solar dampers market (estimated USD 160 Mn in 2026, expected 16% CAGR 2026-34)
- Orders won from 3 customers for solar dampers catering to domestic and export geographies
- Expansion into e-bikes with patents granted and samples delivered to European customers
- Railway business achieved 8.3% YoY sales growth over FY24-25
Sustainability Achievements
- 7 out of 7 plants received Zero Waste to Landfill verification certificate for FY26 from TUVINDIA
- Water neutrality: 50% progress (51% in FY25)
- Renewable energy: 18% of energy needs met from renewable sources (17% in FY25)
- Carbon neutral operations: 40% progress (38% in FY25)
- Safety: 2 Lost Time & 10 Recordable Injuries (improved from 14 Lost Time & 17 Recordable in FY25)
Corporate Governance
Board of Directors:
- Anjali Singh (Executive Chairperson)
- Mahendra K Goyal (Group President & Group CEO ANAND Group)
- Atul Jaggi (Managing Director)
- Mahua Acharya (Non-Executive Independent Director)
- Pallavi Joshi Bakhru (Non-Executive Independent Director)
- BVR Subbu (Non-Executive Independent Director)
Executive Leadership:
- Atul Jaggi (Managing Director)
- Anand Sontakke (Chief Operating Officer)
- Amitabh Srivastava (Chief Operating Officer-Railways and Aftermarket)
- R. Vasudevan (Chief Commercial Officer)
- Mohit Srivastava (Chief Financial Officer)
- Koen Reybrouck (Chief Technical Advisor)
- Vinod Razdan (Chief Human Resources)
- Abdul Wahid (Head-Quality)