Gabriel India Ltd
Gabriel India is part of ANAND Group. From being a single-product company in 1961, we have transformed ourselves in line with changing market, technical and social trends and played a key role in limiting emissions of ride control products and foster the cause of environmental protection. Company manufactures over 300 models of ride control products. [1] Its products include shock absorbers, struts, front forks and others.[2]
It has a vision to be amongst top 5 shock absorber manufacturers in the world by 2025.[3]
- Market Cap ₹ 2,571 Cr.
- Current Price ₹ 179
- High / Low ₹ 201 / 111
- Stock P/E 19.4
- Book Value ₹ 60.6
- Dividend Yield 0.87 %
- ROCE 22.0 %
- ROE 16.2 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 21.4%
Cons
- Company has a low return on equity of 12.7% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Auto Ancillaries Industry: Auto Ancillaries
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,120 | 1,198 | 1,278 | 1,437 | 1,431 | 1,521 | 1,833 | 2,076 | 1,870 | 1,695 | 2,332 | 2,972 | |
1,025 | 1,116 | 1,189 | 1,320 | 1,302 | 1,374 | 1,662 | 1,898 | 1,732 | 1,592 | 2,186 | 2,758 | |
Operating Profit | 95 | 83 | 89 | 117 | 129 | 146 | 171 | 178 | 138 | 103 | 146 | 214 |
OPM % | 8% | 7% | 7% | 8% | 9% | 10% | 9% | 9% | 7% | 6% | 6% | 7% |
12 | -2 | 3 | 3 | 2 | 6 | 7 | 9 | 10 | 24 | 26 | 17 | |
Interest | 17 | 12 | 9 | 5 | 2 | 4 | 3 | 3 | 4 | 7 | 4 | 5 |
Depreciation | 28 | 27 | 27 | 31 | 33 | 35 | 38 | 41 | 44 | 42 | 41 | 49 |
Profit before tax | 62 | 41 | 56 | 84 | 95 | 113 | 137 | 143 | 100 | 78 | 126 | 178 |
Tax % | 15% | 7% | 24% | 28% | 21% | 27% | 31% | 34% | 16% | 23% | 29% | 26% |
Net Profit | 53 | 38 | 43 | 60 | 75 | 83 | 94 | 95 | 85 | 60 | 90 | 132 |
EPS in Rs | 2.66 | 2.97 | 4.18 | 5.24 | 5.76 | 6.56 | 6.61 | 5.90 | 4.20 | 6.23 | 9.21 | |
Dividend Payout % | 14% | 28% | 29% | 25% | 23% | 23% | 21% | 23% | 22% | 21% | 25% | 18% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 10% |
3 Years: | 17% |
TTM: | 27% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 7% |
3 Years: | 16% |
TTM: | 48% |
Stock Price CAGR | |
---|---|
10 Years: | 25% |
5 Years: | 4% |
3 Years: | 32% |
1 Year: | 53% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 14% |
3 Years: | 13% |
Last Year: | 16% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
7 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | |
Reserves | 224 | 242 | 271 | 311 | 366 | 436 | 511 | 576 | 637 | 682 | 752 | 856 |
123 | 81 | 66 | 13 | 11 | 8 | 10 | 7 | 9 | 15 | 13 | 11 | |
188 | 223 | 238 | 283 | 281 | 310 | 368 | 375 | 320 | 485 | 573 | 547 | |
Total Liabilities | 542 | 560 | 589 | 622 | 672 | 769 | 903 | 972 | 981 | 1,196 | 1,353 | 1,428 |
214 | 255 | 267 | 268 | 272 | 289 | 299 | 301 | 349 | 353 | 385 | 426 | |
CWIP | 4 | 6 | 12 | 3 | 2 | 2 | 8 | 54 | 20 | 28 | 20 | 30 |
Investments | 0 | 0 | 0 | 0 | 0 | 28 | 62 | 47 | 35 | 15 | 84 | 80 |
325 | 299 | 309 | 351 | 397 | 450 | 534 | 571 | 578 | 800 | 864 | 893 | |
Total Assets | 542 | 560 | 589 | 622 | 672 | 769 | 903 | 972 | 981 | 1,196 | 1,353 | 1,428 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
45 | 108 | 69 | 100 | 91 | 136 | 104 | 93 | 120 | 204 | 96 | 136 | |
17 | -59 | -36 | -27 | -36 | -123 | -64 | -75 | -96 | -170 | -44 | -104 | |
-60 | -49 | -32 | -75 | -23 | -44 | -26 | -31 | -28 | -22 | -24 | -34 | |
Net Cash Flow | 2 | 1 | 1 | -1 | 32 | -31 | 14 | -13 | -4 | 12 | 28 | -1 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 41 | 37 | 39 | 44 | 49 | 51 | 56 | 50 | 46 | 60 | 60 | 47 |
Inventory Days | 57 | 48 | 47 | 40 | 39 | 44 | 42 | 41 | 44 | 57 | 43 | 36 |
Days Payable | 62 | 59 | 62 | 67 | 63 | 72 | 74 | 63 | 58 | 113 | 97 | 71 |
Cash Conversion Cycle | 36 | 26 | 24 | 18 | 25 | 23 | 23 | 28 | 31 | 4 | 5 | 12 |
Working Capital Days | 26 | 14 | 14 | 14 | 18 | 21 | 24 | 25 | 26 | 47 | 35 | 39 |
ROCE % | 21% | 17% | 20% | 26% | 27% | 28% | 28% | 26% | 16% | 12% | 18% | 22% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - Of Investors Meeting to be held on June 05, 2023
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
29 May - Written Transcript of the Earnings Call for Q4 & FY 23 held on May 24, 2023
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 26 May
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Compliances-Reg.24(A)-Annual Secretarial Compliance
25 May - Secretarial Compliance Report for the year ended March 31, 2023
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 24 May
Annual reports
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2013
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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Financial Year 2010
from nse
Concalls
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Feb 2022Transcript PPT
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Nov 2021Transcript PPT
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Aug 2021Transcript PPT
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May 2021Transcript PPT
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Feb 2021TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Aug 2020TranscriptNotesPPT
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May 2020TranscriptNotesPPT
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Feb 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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May 2019TranscriptNotesPPT
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Feb 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Aug 2018TranscriptNotesPPT
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Jul 2016TranscriptNotesPPT
Products
The Company is involved in the manufacturing of a wide range of ride control products, including shock absorbers, struts and front forks. [1]