Gabriel India Limited, established in 1961, is the flagship company of the ANAND Group and has evolved from a single-product manufacturer to become a market leader for pioneering ride control products to the automotive industry in India and is one amongst the top 10 suspension manufacturers globally. The company began with the setting up of a shock absorber plant at Mulund and has since expanded its operations across multiple automotive segments.
Gabriel India is part of ANAND Group and has established a significant presence across all automotive customer segments, including OEMs, Aftermarket, and exports. The company manufactures over 500 models of ride control products, making it one of the most comprehensive providers in the Indian automotive industry.
The company is involved in manufacturing a wide range of ride control products, including shock absorbers, struts, and front forks. Its product portfolio ranges from shock absorbers, struts, front forks, seat dampers, and cabin dampers. The company has developed specialized products for various applications, from passenger vehicles to heavy commercial vehicles and railway coaches.
Gabriel India has 7 manufacturing plants spread across India. The manufacturing facilities are located across India in Chakan, Nashik, Hosur, Dewas, Khandsa, Parwanoo, and Sanand. The company has a network of 8 manufacturing facilities and 3 R&D labs in India, demonstrating its commitment to innovation and quality.
With a very strong R&D capability, the company has filed over 75 patents till date in products and processes. In 2021, they completed a modern Technology Centre at Chakan Pune to enhance their R&D capabilities.
Gabriel India has established dominant positions across multiple automotive segments:
Two and Three Wheelers: The company began manufacturing shock absorbers and front forks in 1990 and is among the top 3 players in 2W and a leader in 3W.
Passenger Cars: The company is one of the preferred sources of struts and shock absorbers for most automotive OEMs and also enjoys a major share of the aftermarket segment of passenger cars. Gabriel India's dominance in India's passenger car segment is a result of strategic R&D investments, cost management, and successful localization efforts, so much so that the name Gabriel has become synonymous with ride control products.
Commercial Vehicles: The company is the market leader in the segment in India with ~89% market share. Gabriel India is the market leader in the commercial vehicles segment in India, with a market share of 75%.
Railways: Gabriel India enjoys enduring ties with the Indian Railways, supplying shock absorbers for Linke Hofmann Busch (LHB) coaches.
Gabriel India has a market capitalization of ₹15,560 Crore (up 120% in 1 year) as of recent data. The company has demonstrated strong financial performance with consistent growth across key metrics.
Recent Financial Highlights (FY25):
- For the full year, adjusted net profit rose 37.05% to ₹244.98 Crore while net sales increased 19.42% to ₹4,063.38 Crore in the year ended March 2025 over the year ended March 2024.
- Net profit rose 31.24% to ₹64.36 Crore in the quarter ended March 2025, as against ₹49.04 Crore during the previous quarter ended March 2024.
- Sales rose 17.03% to ₹1,073.15 Crore in the quarter ended March 2025, as against ₹916.98 Crore during the previous quarter ended March 2024.
- EBITDA rose 33.87% to ₹391.7 Crore in FY25 over FY24.
- EBITDA margin stood at 9.6% in FY25 as against 8.6% in FY24.
Gabriel India has been actively pursuing strategic initiatives to expand its market presence and technological capabilities. The company has enhanced its manufacturing capabilities through a strategic asset acquisition from Marelli Motherson Auto Suspension Parts, adding 3.2 million shock absorbers and 1 million gas spring units annually. This acquisition aligns with the company's growth strategy and includes a technical agreement with Marelli, strengthening its market position and technological capabilities.
The company is also expanding into new markets, with Gabriel India Limited entering the European bicycle sector, focusing on innovative suspension solutions for city, cargo, SUV, and mountain bikes. Leveraging its expertise in suspension technology, the company aims to meet the growing demand for sustainable mobility and enhance the riding experience.
Promoter holding in Gabriel India Ltd stands at 55.00% as of March 2025. The company is chaired by Anjali Singh and maintains strong corporate governance practices.
The board recommended a final dividend of ₹2.95 per share for the year ended March 2025, reflecting the company's commitment to returning value to shareholders.
Gabriel India exports to all major markets in North America, Europe, Australia, and Asia-Pacific regions. The company has been leveraging its relationship with global OEMs to expand its global operations. The company has technical collaborations with KYB Corporation, Japan, KYBSE, Spain, and Yamaha Motor Hydraulic System, Japan for passenger cars and two-wheeler applications.
Gabriel India Limited continues to strengthen its position as India's leading ride control products manufacturer, with robust financial performance, strategic expansions, and a commitment to innovation driving its growth trajectory in the global automotive industry.
