Gabriel India Ltd Share Price – NSE /  BSE

Auto Ancillaries, Small Cap

Gabriel India announced that the Board of Directors of the Company at its meeting held on 22 October 2024, inter alia, have recommended the interim dividend of Rs 1.75 per equity Share (i.e. 175%) , subject to the approval of the shareholders.

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Net profit of Gabriel India rose 12.23% to Rs 52.69 crore in the quarter ended September 2024 as against Rs 46.95 crore during the previous quarter ended September 2023. Sales rose 6.89% to Rs 924.01 crore in the quarter ended September 2024 as against Rs 864.45 crore during the previous quarter ended September 2023.

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Gabriel India will hold a meeting of the Board of Directors of the Company on 22 October 2024.

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Revenue from operations increased 7.26% to Rs 864.23 crore in Q1 FY25 as compared with Rs 805.76 crore in Q1 FY24.

Profit before tax increased 19.8% to Rs 69.10 crore in Q1 FY25 as comapred with Rs 57.68 crore posted in same quarter last year.

During the quarter, EBTDA jumped 13% to Rs 78 crore as compared with Rs 69 crore posted in same quarter last fiscal. EBITDA margin improved to 9% in Q1 FY25 as against 8.6% in Q1 FY24.

Duirng the quarter, capex stood at Rs 30 crore.

On outlook front, the company said that it will develop more products for the core segment, Major focus in B & C class towns – 200 nos to be added in next 5 years.

Gabriel India is offers ride control products catering to all segments in the automotive industry. The Company has seven manufacturing plants spread accross India.

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