Gabriel India Ltd.

Investor Presentation
August 2024

Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 1

SAFE HARBOR

This presentation and the accompanying slides (the “Presentation”), has been prepared by Gabriel India Limited (the “Company”), solely for information
purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on
in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory
offering document containing detailed information about the Company.

This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no
representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness
of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any
liability in respect of the contents of, or any omission from, this Presentation is expressly excluded.

Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are
individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known
and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of
the Indian economy and of the economies of various international markets, the performance of the auto ancillary industry in India and world-wide,
competition, the company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation,
changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other
risks. The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by
this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking
statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such
third-party statements and projections.

Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 2

TABLE OF CONTENTS

1 Q1 FY25 Result Update

2 Our Strategic Business Drivers

3 Corporate Overview

4 Business Overview

Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 3

 Q1 FY25
Result Update

Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 4

FINANCIAL HIGHLIGHTS – Q1 FY25 (STANDALONE)
Q1 FY25
Revenue EBITDA PBT

Rs. 780 Mn Rs. 691 Mn

Rs. 8,642 Mn
9.0% 8.0%

Q4 FY24 Rs. 8,586 Mn Q4 FY24 Rs. 769 Mn / 9.0% Q4 FY24 Rs. 700 Mn / 8.1%

Q1 FY24 Rs. 8,058 Mn Q1 FY24 Rs. 690 Mn / 8.6% Q1 FY24 Rs. 577 Mn / 7.2%

EBITDA & PBT as % of Revenue

Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 5
FINANCIAL HIGHLIGHTS – Q1 FY25

Revenue EBITDA PBT

Rs. 8,642 Mn Rs. 780 Mn (9.0%) Rs. 691 Mn (8.0%)
Q1 FY24: 8,058 Mn in [+7.3%] Q1 FY24: 690 Mn in [+13.0%] Q1 FY24: 577 Mn in [+19.8%]
Q4 FY24: 8,586 Mn in [+0.7%] Q4 FY24: 769 Mn in [+1.4%] Q4 FY24: 700 Mn in [-1.2%]

Balance Sheet Cash Flow Capex

Net Cash position of Rs. 3,271 Mn Cash Flow from operations to the Capex incurred during the quarter
tune of Rs. 484 Mn as compared Rs. 302 Mn
(including Inter Company Loan to
to Rs. 487 Mn inflow in Q1 FY24
IGSSPL)

% shown as change on Y-o-Y and Q-o-Q basis

Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 6

FINANCIAL TRACK RECORD
P&L (Mn) Q1 FY25 Q1 FY24 YoY Q4 FY24 QoQ FY24 FY23 YoY
Revenue from Operations 8,642 8,058 7.3% 8,586 0.7% 33,426 29,717 12.5%
Gross Margin (%) 25.2% 25.2% 0.0% 24.9% 0.3% 25.1% 23.7% 1.4%
EBITDA Margin (%) 9.0% 8.6% 0.4% 9.0% 0.0% 8.8% 7.2% 1.6%
Net Margin (%) 5.9% 5.3% 0.6% 6.1% -0.2% 5.5% 4.5% 1.0%

Balance Sheet (Mn) Q1 FY25 FY24 FY23 Comparison Highlights

Net worth 10,593 10,086 8,703
QoQ YoY
Gross Debt 98 103 112 • Revenue: Incr. By 585 Mn
• Revenue: Incr. By 56 Mn
Liquid Investments 3,271 3,326 2,984 New SOP –Curvv EV, Stellantis New SOP –Curvv EV, Stellantis
4,648 4,628 Citroen Basalt Citroen Basalt, YWD
Fixed Assets (Net) 4,407
Sales Mix of AM Increase by 2% OE Sales Mix Increase by 2%
• Gross Margin Incr. By 41 Mn • Gross Margin Incr. By 143 Mn
Key Performance Indicators Q1 FY25 FY24 FY23
Core 90 Saving Core 90 Saving
Net Working Capital (days) 21 20 18
• EBITDA Margin incr. By 11 Mn • EBITDA Margin incr. By 90 Mn
ROIC (%) 37.8% 37.2% 31.3%
• Net Margin Decr. By 15 Mn due to
Cash Flow from Operations Profit on Sale of Asset in previous • Net Margin Incr. By 87 Mn
484 1,889 1,364 Quarter
Inflow/(Outflow)
Note:- Liquid Investments include Inter Company Loan to IGSSPL

Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 7

QUARTERLY PERFORMANCE TREND
Revenue (Mn) Margins
33,426

8.1% 8.6% 8.7% 8.8% 9.0% 9.0%

8.0% 7.7% 7.7%
29,717
6.6% 7.1% 7.0% 7.3% 6.9% 7.1% 7.4% 7.2% 7.1%
8,586 5.5%
5.1%
6.3% 6.7% 6.1% 5.9%
7,370 5.3% 5.4% 5.3%
4.3% 3.9% 3.9% 4.6% 5.0% 2.7% 4.2% 4.2% 3.9% 4.6% 4.6% 4.1% 4.5%
23,320
Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25

8,138
EBITDA % PAT %
18,699 6,843
7,110
16,948
4,246 8,000
ROIC 7,154 7,003 6,863
50.0%
7,420

7,000 45.0%
5,783 6,322
6,061 5,812 5,831 5,983 40.0%
6,000 5,603 5,428 5,426 5,560 5,484
4,555 8,644 5,199 5369 5,129 40.1% 41.5% 35.0%
4,942 5,025 38.5%
8,029 4,613 4,648 37.8%
5,000
34.6% 35.9% 34.4% 30.0%
33.4%
4,000 21.7% 18.4% 31.5% 25.0%
5,348 2,847
19.2% 17.8% 16.8% 2,807 20.0%
4,727 5,897 3,000 23.6% 22.5% 2,433 2,397 2,569 2,412
11.6% 20.2% 2,010
9.5% 1,834 1,834 15.0%
2,000 1,214 1,001 996
955 1,038 1,183 1,250 10.0%
8,058 8,642
1,000 574 436 779 11.7% 632
4,589 7,208 5.0%
5,171 4,519 - 0.0%
1,228

FY20 FY21 FY22 FY23 FY24 FY25

PBIT Invested Capital ROIC
Q1 Q2 Q3 Q4

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STANDALONE PROFIT & LOSS STATEMENT
Particulars (Rs. Mn) Q1 FY25 Q1 FY24 YoY Q4 FY24 Q-o-Q FY24 FY23 Y-o-Y
Revenue from Operations 8,642 8,058 7.3% 8,586 0.7% 33,426 29,717 12.5%
Raw Material 6,467 6,026 6,452 25,051 22,688
Raw Material % to Sales 74.8% 74.8% 75.1% 74.9% 76.3%
Employee Expenses 532 497 501 2,064 1,831
Employee Expenses % to Sales 6.2% 6.3% 5.8% 6.2% 6.2%
Other Expenses 863 845 864 3,382 3,061
Other Expenses % to Sales 9.9% 10.5% 10.1% 10.1% 10.3%
EBITDA 780 690 13.0% 769 1.4% 2,930 2,137 37.1%
EBITDA % 9.0% 8.6% 9.0% 8.8% 7.2%
Other Income 74 46 86 191 174
Other Income % to Sales 0.9% 0.6% 1.0% 0.6% 0.6%
Interest 9 22 12 54 46
Interest % to Sales 0.1% 0.3% 0.1% 0.2% 0.2%
Depreciation 153 137 143 566 486
Depreciation % Sales 1.8% 1.7% 1.7% 1.7% 1.6%
PBT 691 577 19.8% 700 -1.2% 2500 1,779 40.5%
PBT % 8.0% 7.2% 8.1% 7.5% 6.0%
Tax 179 152 172 649 456
PAT 512 425 20.4% 527 -2.9% 1852 1,324 39.9%
PAT % 5.9% 5.3% 6.1% 5.5% 4.5%
EPS 3.6 3.0 3.7 12.9 9.2

Note : Foreign Fluctuation (Net) is part of Other Income.

Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 9

REVENUE MIX (INC. TRADING)
Segment Mix Channel Mix Aftermarket

2% 2% 2% 2% 2% 2% 12% 12% 12% 12% 12% 11% 12%

1% 1% 16%
12% 10% 11% 12% 12% 13% 12% 11% 14% 15% 14% 13% 13% 14% 12% 13% 7% 9% 8% 10% 10% 9% 8%
7%
20% 21% 22% 24%
23% 25% 24% 25%
40% 35% 36% 37% 36% 37% 36% 36%

86% 85% 86% 87% 87% 86% 88% 87%

67% 67% 65% 63% 61% 62% 63%
61%
41% 42% 43% 43% 42% 41% 44% 44%

FY20 FY21 FY22 FY23 FY24 Q1 Q4 Q1 FY20 FY21 FY22 FY23 FY24 Q1 Q4 Q1 Q1 Q4 Q1
FY20 FY21 FY22 FY23 FY24
FY24 FY24 FY25 FY24 FY24 FY25 FY24 FY24 FY25
Replacment OE
PC CVR 2W/3W Trading PC CVR 2W/3W Trading
Export
FY20 FY21 FY22 FY23 FY24 Q1 FY24 Q4 FY24 Q1 FY25
2% 4% 4% 4% 3% 4% 3% 2%

• Improvement in 2W Volumes in Q1 FY25 (63%) compared to Q1 FY24 (61%)

• After market has decreased from 13% (Q1 FY24) to 11% (Q1 FY25)

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VISION 2025

Exports Domestic Dominance Mergers & Acquisitions Technology

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Our Strategic Business Drivers

Exports

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CREATING GLOBAL PRESENCE THROUGH EXPORTS
Export Sales - Quarter
303 316
➢ Leveraging ➢ Resource in Europe for ➢ Export to DAF 276 290 286
relationship with exploring Netherlands 251
228 218 237 232 234
Global OEMs in India opportunities in 204 196
to penetrate their Overseas Markets
Global Operations

Europe 33% ➢ Export to Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

ISUZU
USA & North Thailand and
FY21-22 FY22-23 FY23-24 FY24-25
America 10% Asia 24% Indonesia in
CV Segment
Export Composition - YTD

OEM
Africa 17% 57%

South America 14% Australia 2%

➢ Exports to ➢ Focusing to increase

Yamaha, Japan presence in Aftermarket of
Latin America, Africa & After Market
North America 43%

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Our Strategic Business Drivers

Domestic Dominance

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YTD SEGMENT PERFORMANCE – 2W&3W (INCL. AM)
Performance
• Q1 FY25 vs Q1 FY24 growth was 9.6%. This growth was contributed by
good sales performance in OLA and TVS where we have high SOB.
Recent Launches
• TVS iQube ST
63% % to Total Sales 30% Market Share
• Ather Rizta [61% in Q4 FY24] [31% in Q4 FY24]
• Ampere Nexus
• TVS Apache 160 – Black Edition
Market Update
• As per SIAM data, the 2W sales grew by 19.6% YoY and 3W Revenue Trend (Mn)
grew by 9.4% YoY respectively in Q1 FY25
5160 5,250 5,222 5,335
• Within the 2W segment, Scooters grew by 27.4%, Motorcycles 4389
4598
4,866 4,886
4307 4279
grew by 16.7% and Mopeds grew by 11.2% in Q1 FY25 3,835 3882 3969
3386 3306 3568
2947 2811 3138
2886
Future Development 2.6%
• EV - OLA ,River, Raptee, Lectrix, Simple Energy, TVS,
SMIPL 793

• 2W- TVS, REM, Suzuki, Bajaj, Piaggio, HMSI, Yamaha

•

Q1 FY 20

Q4 FY 20

Q3 FY 21
Q2 FY 20

Q3 FY 20

Q1 FY 21

Q2 FY 21

Q4 FY 21

Q1 FY 22

Q2 FY 22

Q3 FY 22

Q4 FY 22

Q1 FY 23

Q2 FY 23

Q3 FY 23

Q4 FY 23

Q1 FY 24

Q2 FY 24

Q3 FY 24

Q4 FY 24

Q1 FY 25
3W – Bajaj, TVS, Mahindra(EV)
Top 3 Customers
• TVS Motors, Suzuki, HMSI

Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 15

GABRIEL INDIA LTD: WELL– ENTRENCHED AMONGST ALL 2W/3W EV PLAYERS
Top Selling Models GIL Presence

1. Ola S1 Pro
2. TVS iQube
3. Bajaj Chetak
4. Ather 450X
5. Ampere Magnus EX
6. BGauss RUV 350
7. Okinawa Praise
Source: smev.in/fy-24-25

23% 87% 9% 23% 31%

Highest EV 2W Sales in GIL Market Share GIL Market Share GIL growth - EV-2W GIL growth - EV-3W
Maharashtra in Q1 EV 2W sales EV 3W sales Q1 FY25 w.r.t Q1 FY24 Q1 FY25 w.r.t Q1 FY24
FY24-25 ( Q1 FY 24-25) ( Q1 FY 24-25)
Source: vahan.parivahan.gov.in

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YTD SEGMENT PERFORMANCE – PASSENGER VEHICLES(INCL. AM)
Performance
• Q1 FY25 vs Q1 FY24 growth was 6.4%. This growth was contributed
majorly by Utility Vehicles and Van Segment.

New Program
24% % to Total Sales
[25% in Q4 FY24]
24% Market Share
[23% in Q4 FY24]
• Tata Motors: Curvv EV
• Stellantis : Citroen Basalt
Market Update
• As per SIAM data, the sale of Passenger Vehicles grew by 5.8 % in Revenue Trend (Mn)
Q1 FY25 over the same period last year
2146 2136 2,067
• Within Passenger Vehicles, the sales for Passenger Cars de-grew by 1977 1,942 2035

13%, Utility Vehicle grew by 21% & Vans de-grew by 17% YoY in Q1 1684 1653
1512 1592
FY25 1270 1252
1147 1202
Future Development 997
840
976
842 897
991

VW (1) , TML (3), Stellantis (1), MSIL (3) 1.7%

220
Top 3 Customers

Q1 FY 20

Q2 FY 20

Q3 FY 20

Q4 FY 20

Q1 FY 21

Q2 FY 21

Q3 FY 21

Q4 FY 21

Q1 FY 22

Q2 FY 22

Q3 FY 22

Q4 FY 22

Q1 FY 23

Q2 FY 23

Q3 FY 23

Q4 FY 23

Q1 FY 24

Q2 FY 24

Q3 FY 24

Q4 FY 24

Q1 FY 25
• Maruti Suzuki, Mahindra & Mahindra, Skoda

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GABRIEL PRESENCE: UTILITY VEHICLES

• Manufacturing Facility: Chakan & Khandsa

• R&D Centre: Pune
• Product Portfolio: McPherson struts,
Gas Shock Absorbers, Volkswagen
Steering Dampers Taigun Skoda Kushaq Toyota Hyryder
• Commenced the technology of FSD (Frequency
Selective Damping) in damper supplies for key
customers

Share of Utility Vehicle sales Gabriel India Share of

in Gabriel Passenger Vehicle Business in Total Utility
business - 64% Vehicle Sales - 35% Mahindra XUV 700 Mahindra Thar Mahindra Bolero

35%
64%

Suzuki Brezza (New) Suzuki Grand Vitara Suzuki Jimny

Utility Vehilce SOB - GIL Others

Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 18

YTD SEGMENT PERFORMANCE – COMMERCIAL VEHICLES
(INCL. AM & RAILWAYS)
Performance
• CV segment de-growth by 5% QoQ and 5% de-growth YoY

New Program
11% % to Total Sales
88%
[89% in Q4 FY24]
Market Share

[12% in Q4 FY24]
• Mahindra – UPP E1
Market Update
• As per SIAM data, the overall commercial vehicles segment de-
growth by 1% in Q1 FY25 as compared to Q1 FY24 Revenue Trend (Mn)

• Medium & Heavy Commercial Vehicles (M&HCVs) sales grew by 1011 1014 1017 1014
947 911 964
2% YoY and Light Commercial Vehicles (LCVs) de-growth by 3% 895
821
YoY in Q1 FY25 as compared to Q1 FY24 756
682 653
593 596
537 516
Future Development 481 474
419
465

• Fuso Japan , New EV customers & Volvo 1.2%

149
• DAF – Axle Dampers & Stellantis Steering damper

Q1 FY 24
Q1 FY 20

Q2 FY 20

Q3 FY 20

Q4 FY 20

Q1 FY 21

Q2 FY 21

Q3 FY 21

Q4 FY 21

Q1 FY 22

Q2 FY 22

Q3 FY 22

Q4 FY 22

Q1 FY 23

Q2 FY 23

Q3 FY 23

Q4 FY 23

Q2 FY 24

Q3 FY 24

Q4 FY 24

Q1 FY 25
Top 3 Customers
• Tata Motors, Mahindra & Mahindra, Ashok Leyland

Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 19

 GABRIEL PRESENCE- RAILWAYS

2024
2007

2022
2019
2016
1978

2021
Conventional Coach EMU Coach LHB Coach Train 18 Coach Electric Locomotive Vande Bharat Coach Siemens E Loco
Shox – 2 Variant Shox – 8 Variant Shox – 6 Variant Shox – 4 Variant Shox – 4 Variant Shox – 4 Variant Shox – 4 Variant
4 Nos / Coach 8 Nos / Coach 18 Nos / Coach 20 Nos / Coach 20 Nos / Coach 20 Nos / Coach 20 Nos / Coach
Supplied > 40,000 Coach Supplied > 20,000 Coach Supplied > 13,000 Coach Supplied > 40 Coach Supplied > 100 Loco Under RDSO Approval Received LOI

Government OEM Government OEM

ICF RCF MCF ALL ZONAL RAILWAYS PLW BLW CLW

Private OEM Private OEM

VED SASSO
EC BLADE & TOOLS

Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 20

AFTERMARKET
Strong Brand Extensive Distribution Recent Widest Presence Through
Equity Network Highlights Product Range Allied Products
• Achieved 1% growth over Q1 • Only Company present in all • Leveraging Brand
• Brand “Gabriel” • 10 CFA locations & 700+
23-24. Sale Q1 (24-25) – 1131 the segments i.e. TW, PC, CV
synonymous with dealer network Gabriel & Distribution
MINR & Railways
shock absorbers • ~25,000 + retail outlets Network for Allied
• Leadership since 62 supported by effective • Successfully launched new • Launched 48 SKU’s In Q1 products.
Product line – Alloy Wheels for 24-25.
years with market sales force • 22 New Product lines
Motorcycles
share ~ 40% • Present in the • More than 1336 SKUs launched successfully in
• Completed successfully 5 IT launched in last 5 years recent years & 1 NPL is
aftermarket segment
Enablement projects in pipeline.
across six continents • Continuous focus on
expanding Product Portfolio
Focus Areas & Outlook
• Develop more products for the core segment After Market Parts Aftermarket Sales (Rs. Mn)
• Increase sales through national channels
• Major focus in B & C class towns – 200 nos to be added in +9.6% 4192
3876
next 5 Years Allied – 12%
3315
• Leveraging Brand Gabriel by launching new product lines 2706 2676 2573
2299
• Emphasis on Elite Workshop Programme in 24-25 to 2015 2116
strengthen the brand Shox & Struts – 88% 1131
• 5 IT projects Successfully implemented, 1 in pipeline. Target
to become 100% IT enabled in next 1 year
• Focus on Latin American, Australia & African markets for FY 16 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 Q1 24-
Quantum growth in Export's sales 25

Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 21

OUR STRATEGIC BUSINESS DRIVERS

Merger & Acquisition

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 IGSSPL PLANT

Plant Location

Assembly Line PU Line

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PROFIT & LOSS STATEMENT
Particulars (Rs. Mn) Q1 FY25 FY24 Inalfa Gabriel Particulars (MINR) Q1 FY25 %
Consolidated P&L Revenue from Operations 9,466 34,026 Sunroof Systems Revenue from Operations 823
Raw Material 7,024 25,518 Private Limited Raw Material 557 67.6%
Raw Material % to Sales 74.2% 75.0% Employee Expenses 70 8.5%
Employee Expenses 602 2,123 • Manufacturing Other Expenses 81 9.9%
Employee Expenses % to Sales 6.4% 6.2% Sunroof EBITDA 115 14.0%
Other Expenses 932 3,459 Other Income 10 1.2%
Other Expenses % to Sales 9.8% 10.2% • TCA – Inalfa Interest 22 2.6%
• Gabriel India EBITDA 908 2,926 Depreciation 34 4.2%
Limited EBITDA % 9.6% 8.6% • Plant in Chennai PBT 69 8.4%
Tax 5 0.6%
Other Income 63 194
• Inalfa Gabriel Other Income % to Sales 0.9% 0.6%
PAT 64 7.8%
Sunroof Systems Interest 22 82
Private Limited Interest % to Sales 0.2% 0.2%
Depreciation 188 599 Gabriel Europe Particulars (MINR) Q1 FY25 %
• Gabriel Europe Depreciation % Sales 2.0% 1.8% Engineering
Engineering PBT 760 2,438 Centre Revenue from Operations 24.5
Centre PBT % 8.0% 7.2% Other Expenses 22.9 93.6%
Tax 184 651 • R&D Operations EBITDA 1.6 6.4%
PAT 576 1,787 Depreciation 0.4 1.6%
PAT % 6.1% 5.3% • Location - PBT 1.2 4.8%
Belgium Tax 0.3 1.2%
EPS 4.0 12.4
PAT 0.9 3.6%

Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 24

OUR STRATEGIC BUSINESS DRIVERS

Technology

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GABRIEL EUROPE ENGINEERING CENTRE (GEEC)
• Competence Centre for knowledge transfer and training
• Centre of Excellence aiming to become Best in Class on Global Suspension Market
• Joint development of Gabriel Next Generation Technologies with GIL R&D and global external partners
• Located at Thor Park in Genk, Belgium

2022 2023 2024 2025

GIL NxG Support from Office at IncubaThor

GEEC Belgian Legal Entity created

July 14th : Court of Commerce

GEEC Extension with prototype workshop

Jan 2nd, 2024 : Re-Located to FacThory​

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GABRIEL PUNE TECH CENTRE: “IGBC” CERTIFIED GREEN BUILDING

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GABRIEL TECH CENTRE: POWERING OUR FUTURE, DRIVING POSSIBILITIES
➢ In-house facility for customers for
ride tuning of vehicles
➢ Advanced damper technology for
the enhanced user experience
➢ CO2 footprint reduction through
product light weighting and use of
green technologies
➢ Virtual analysis for structural
durability assessment of
components
➢ Implementation of product life
cycle management (PLM) to
increase the reuse of existing
Chakan Hosur components & to improve
Technology Collaboration: productivity
Technology Collaboration:
➢ NVH measurement and reduction
Yamaha Motor Hydraulic System techniques to address noise issues
Company Limited (formerly SOQI), Japan in the new generation vehicles

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ACHIEVING ENGINEERING EXCELLENCE

Laser Welding Technology, Friction

Designed & Developed Remote
Welding Technology, Water based
Canister Shock Absorber
Autophoretic Paint System

Adjustable Electronic-Hydraulic
Shock Absorbers with
Shock Absorber for a leading SUV
Floating Piston
vehicle in Aftermarket

Shock Absorber with Hollow Zero Discharge Chrome Plating

Piston Rod

Shock Absorbers for High

Robotic Assembly line
Speed Railway Trains – LHB &
Vande Bharat Coaches

Many Firsts

Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 29

R&D, INNOVATION AND TECHNOLOGY: ESSENTIAL COMPONENTS FOR
STRATEGIC EVOLUTION
At Gabriel India, our constant endeavors towards investing in R&D,
innovation and technology are considered integral to our continuous
improvement process.

Our R&D technology centres at Hosur and Chakan ( recently launched)

are recognised by the Department of Scientific and Industrial Research
(DSIR), part of the Ministry of Science and Technology.

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CORE 90

CORE 90 COST REDUCTION DRIVE

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Awards & Accolades

Gabriel India Limited (GIL) got nominated for the prestigious “Local Hero” Award at a glittering VW Group Award 2024
event at their Head Quarters in Wolfsburg, Germany (Global level award). GIL was the only Indian supplier to be
nominated across all 10 categories
Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 32
Awards & Accolades

Quality Circle Forum of India – “ Three GOLD award” in 2nd Runner up Award in CII Madhya Pradesh Kaizen
Energy conservation competition Pune chapter in May-24 competition in Jun-24

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 Corporate
Overview

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GABRIEL AT A GLANCE
Corporate Profile
• Incorporated in 1961
• Pioneer of Ride Control Products in India with state-of-the-art
integrated operations
• Strong R&D focus, employing 72 specialists, highest in the industry
• Experienced, professional management team and Board of
Directors
• Marquee clientele across all vehicle segments
• Market Leadership in Aftermarket
• Impetus on Sustainability and Environment: 18% of power from
renewable sources from 0% in FY14
• Consistent dividend track record since FY 85-86

Key Metrics
Financial Strength (FY24) 500+ 25+ 664
New Product Additions Countries of Presence Distributors
Revenue PAT ROIC Net Cash

INR 33,426 Mn INR 1,852 Mn 35% INR 2,995 Mn

8+3 (satellite plants) 85 (28 Granted) 4,466
Manufacturing Plants Patents Filed Employees (Average)

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STRATEGIC MANUFACTURING FOOTPRINT

Khandsa - PC
Parwanoo - 2W,CV,AM

Dewas - CV,3W

Sanand – 2W

Nashik – 2W

GIL Plants
Chakan – PC,CV,3W
GIL Satellite Locations
IGSSPL Plant
IGSSPL Chennai – 4W
*Maps not to scale. All data, information, and maps are provided "as is" without
warranty or any representation of accuracy, timeliness or completeness. Hosur – 2W

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STRATEGIC MANUFACTURING FOOTPRINT

Sanand 2023
Chakan Tata Motors, HMSI,
Volkswagen, M&M, Toyota, Tata Motors, Bajaj 1997 2010/
Auto, Piaggio, DAF & Indian Railways
.
2019
IGSSPL, Chennai
Hyundai

Dewas Hosur
Tata Motors, M&M, 1992 TVS, HMSI, Royal 1997
Daimler, Force Motors, Enfield,
Ashok Leyland, VECV Yamaha, Suzuki,
M&M, Ather, OLA
2007 Khandsa
Maruti Suzuki, Honda Cars

Nashik
1990
Bajaj Auto, HMSI , Suzuki, Yamaha, 2007
Piaggio, M&M, Atul Auto Parwanoo
TVS, Tata Motors, M&M

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COMPETITIVE ADVANTAGES
Strong Parentage of Quality at Competitive
Anand Group Price
• Flagship company of ANAND Group, a one-stop • 7 state-of-the-art facilities in proximity to OEMs
solution provider for customers ensures just-in-time supply as per demand while
• Leverage partnerships, systems, processes, rationalizing logistics costs
governance and sustainability frameworks • Providing best quality products at reasonable cost

6 Decades of Presence #1 Brand in Aftermarket

• Home grown (‘Atmanirbhar’) player • Leadership with market share of >40% in India
• Leverage huge knowledge database and highly • Strong brand recall
experienced team • Logistics network comprising 664 dealers and 12,000
• Sustainable practices demonstrated with strong culture retailers
and customer-oriented approach

Long Standing
Strong Focus on R&D and Client Relationships
Technology Partnerships
• Only player with meaningful presence across all
• Best-in-class R&D facilities in the country with 60 specialists providing vehicle segments: 2/3W, PC, CV and Railways
customized solutions segments
• End-to-end capabilities from design, development, testing and • Diversification across products, customers and
validation geographies
• Association with global technology partners

Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 38

RELATIONSHIPS WITH MARQUEE OEM CUSTOMER BASE
2/3 Wheelers Passenger Cars CV & Railways

Honda is the world's largest manufacturer of 2-wheeleres

Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 39

SAFETY FOCUS
❖ Collaboration for training
with British Safety Council

❖ Dexterity Centre for

induction training

❖ App Based abnormality

reporting

❖ Online work permit

monitoring
Safety House

Standardization: Communication Training & Skill Continual Technology R&R and Consequence
Development Improvement management
➢ SOPs clearly defined ➢ Ensuring SPOC ➢ Developing skill to ➢ Improvising ➢ Using technology ➢ To inculcate positive
for activities with at different ensure adherence existing to reinforce safety culture
Operational Safety levels of to safety while methods to safety aspects
controls hierarchy working enhance safety while working

Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 40

HUMAN RESOURCES

In-depth sectoral
knowhow

Mar’ Mar' Mar’ Mar’ Mar’

Key Metrics
Seasoned Resources 24 23 22 21 20
Revenue per
employee 0.72 0.66 0.61 0.43 0.51
(Rs Cr)
Strong employee Average employee
connect experience 8.0 8.0 8.0 9.0 8.0
(person years)
Investment in training
programmes 2.48 1.94 1.05 0.42 2.21
Partnership-oriented (Rs Cr)
approach Employees covered
under training 87% 70% 73% 78% 80%
programmes (%)
Employee-friendly
systems and policies

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“GREAT PLACE TO WORK” – FIVE CONSECUTIVE YEARS

2019
• Rank #90 among Top
100 Companies to
work for in India 2018
• Rank #89 among Top 100
Companies to work for in India
2017 • Ranked in Top 25 workplaces in
manufacturing in India
• Ranked #2 in Auto & Auto
Component Industry
• Rank #52 among Top 100 2016
Companies to work for
in India • Ranked #3 in Auto
Component Industry
2015 • Rank #70 among Top 100
Companies to work for in India
• Ranked #2 in Auto
Component Industry
• Rank #43 among Top 2012
50 Companies to work • Ranked #3 in Auto
for in India Component Industry
• Recognized among the Best
Companies in its Industry

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SUSTAINABILITY MISSION

Mission
TO BE CARBON & WATER NEUTRAL BY 2025 WITH ZERO WASTE TO LANDFILL

Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 43

SUSTAINABILITY
Reduction in Carbon Footprint
45 0.89 42.7

40 36.0 35.3 0.90

0.78 33.9
35 31.3 31.2
28.1
0.80
30 26.7

CUSTOMER
0.65 24.9 26.2
0.66 0.70
25

VALUE
21.7 21.5
19.5 20.0
20 17.3 15.6 14.1 15.5 13.5 0.49 0.60
0.54
15 0.48 0.47 12.9 0.48 23.4
0.46 15.4 0.50 0.50
10 13.4 12.5 13.3
0.37 12.8
5 0.40
0.41
0 0.30
FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY 22 FY 23 FY 24

Production (in million) GHG ('000 tonnes of CO2e) GHG ('000 tonnes of CO2e) / Mn Units

• Invested in solar rooftops across manufacturing plants with a total capacity of 1.90 MW
• Invested in group captive wind power plant to source renewable power at Hosur of 3.6 million units annually.
• Invested in group captive solar power plant to source renewable power at Hosur of 2.14 million units annually.
• Invested in group captive solar power plant to source renewable power at Chakan of 3.23 million units annually.
• 18% of power from renewable sources from 0% in FY14
• IoT: For better insight into the energy consumption in plant operations, an IoT based software is being implemented across the company that will
help on focusing & quick reduction in manufacturing losses.

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SUSTAINABILITY REPORT LAUNCH
GABRIEL Launches its Second
‘Sustainability Report’ for 2022-23
Pillar Focus Area Ambition

Governing Integrity Cyber Security By 2024, all sites to be ISO 27001 certified

Ethical Business conduct By 2024, train all employees on Human Rights issues.

Abating Environmental Waste Management By 2025, all sites to achieve Zero Waste to Landfill status
Impact
Water Stewardship Water Neutrality operations by 2025

Climate Resilience By 2025, 50% of the energy needs to be met from renewable sources

Carbon Neutrality operations by 2025

Enhancing Stakeholder Occupational Health and Zero Injuries and Zero accidents
Interests Safety
By 2027, achieve 36 safety training hours per employee.

Employee Engagement By 2025, achieve a minimum score of 80% on the employee engagement survey

Sustainable Supply Chain By 2025, audit all Tier I suppliers on ESG criteria.

Diversity and Inclusion Increase gender diversity to 25% females across employees including OE by 2025

Elevating Product Product Stewardship By 2027, 50% of R&D and capital expenditure on Innovative and Sustainable
Sustainability Product.

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CSR INITIATIVES 2023-24
Focus
Parwanoo Gurugram Rewari Jawai Dewas Nashik Hosur
Area
Provide scholarships - - Engage with 09 govt. Engage with 4 govt. Engage with 10 govt. Engage with 02 govt.
to ten girls to schools (1K+ schools (400 students) schools (800 students) to schools (300
continue their students) to improve to improve quality of improve quality of students) to improve
education in ANAND quality of education education (Teaching + education (Teaching + quality of education
School (Teaching + Infra) Infra) Infra) (Teaching + Infra)
EDUCATION Medhavi Scholarship
for 8 Girls to pursue
Dip. Engg.
Skill 170+ youth (18- Skill 500+ youth (18- Skill 900+ youth (18- - Skill 110+ youth (18- - -
30 years) in 5 NSDC 30 years) in 4 NSDC 30 years) in 4 NSDC 30 years) in 3 NSDC
job roles (90% job roles (90% job roles (90% job roles (90%
SKILL females) females) females) females)
DEVELOPME
NT
- - - Provide mobile - - -
medical services to
HEALTH &
20K unserved
HYGIENE population across 9
villages
Maintain three - - Provide daily Facilitate bank - -
public parks in sanitation services linkages for 160
partnership with across villages of women groups for
COMMUNITY Municipal Council, Jeevada, Meeno Ki micro-credit and
CONSERVATI Parwanoo & District Dhanee, Sena and organize trainings for
ON Forest Office, Solan Bislapur livelihood promotion

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BOARD OF DIRECTORS

Anjali Singh Manoj Kolhatkar

Jagdish Kumar
Executive Chairperson Managing Director
Group President & Group CFO
Gabriel India Gabriel India
ANAND Group

Pradeep Banerjee Matangi Gowrishankar Pallavi Joshi Bakhru Mahua Acharya

Non-Executive Non-Executive
Non-Executive Non-Executive
Independent Director Independent Director
Independent Director Independent Director

Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 47

 EXECUTIVE LEADERSHIP

Manoj Kolhatkar
Managing Director

Amitabh Srivastava Rishi Luharuka Vinod Razdan Koen Reybrouck

Anand Sontakke R. Vasudevan Prashant Shah Abdul Wahid
Chief Operating Officer, Chief Financial Officer Head- Human Chief Technical
Chief Operating Officer - Two Chief Operating Officer - Head- Supply Sourcing Head- Quality
Railways and Aftermarket & Head Sustainability Resource Advisor
Business Unit and Three Wheelers Business Passenger Cars Business Unit Chain Management
Unit and Commercial Vehicles
Business Unit

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CUSTOMER AWARDS & ACCOLADES

Special Award by Volvo ZERO KM PPM and Quality MSES-A Level Award
Eicher Commercial Vehicles certification by Toyota Kirloskar by Mahindra &
Limited Motor Mahindra

Award for Pre "C" VA activity by

Honda Motorcycle and Scooter Periodic Cost Reduction Award By Supplier Samrat National runner
India (HMSI) Suzuki Motor India up in Proprietary

Quality Achievement
(10 PPM) Award by Best Supplier Award for Demand BAL-Q “Gold Consistent “ award
PACCAR Inc Fulfillment North by BAJAJ at BAVA Convention

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INDUSTRY AWARDS & ACCOLADES

Quality Excellence Award in 9th FICCI 45th International Convention Gabriel Gold in Manufacturing Excellence in Very
Quality System excellence awards for India, Nashik received Platinum Award Large Category by Automotive
Industry and National Conference by ICQCC Dhaka Components Manufacturers Association

Winner of the Kaizen Competition at

Gold Awards in Low-Cost Automation Gold Award QC Competition by Quality
National Level by Automotive Components
by Confederation of Indian Industry Circle Forum of India
Manufacturers Association

Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 50

 For further information, please contact:

Company : Investor Relations Advisors :

Gabriel India Ltd. Strategic Growth Advisors Pvt. Ltd.
CIN : L34101PN1961PLC015735 CIN : U74140MH2010PTC204285
Mr. Nilesh Jain Mr. Jigar Kavaiya / Pratik Shah
secretarial@gabriel.co.in jigar.kavaiya@sgapl.net /
p.s.shah@sgapl.net

www.gabrielindia.com +91-9920602034 / +91-9870030585

www.sgapl.net

Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 51