Gabriel India Ltd

(GABRIEL)

Gabriel India Limited offers ride control products such as shock absorbers, McPherson struts, and front forks to the global automotive industry. Established in 1961, the company has 7 manufacturing plants spread across India and a technical and financial collaboration with Gabriel Company USA. Along with manufacturing ride control products, the company has another division, Engine Bearing Division, which was set up in 1978. It receives technological support from its collaborators for both the major divisions. In 1991 and 1996, the company came out with two issues of partly convertible debentures to help fund their expansion and modernisation. All the plants, except the one at Mulund, have received ISO certification. Their products are exported to the US, Europe, Australia, and more. Over the years, the company invested in various projects such as setting up their facility at Noida as a result of the merger with Stallion Shox, new manufacturing operations at Parwanoo, and the addition of front fork manufacturing capacity at their new facility at Noida. They also have a virtual launch of their Passenger Car Brake Pads and Ride Control Products for high-end vehicles such as Audi and Mercedes Benz. In 2021, they completed a modern Technology Centre at Chakan Pune to enhance their RD capabilities.

Share Price: ₹433.20 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹6,346.91Cr as of today
Revenue: ₹946.57Cr as on June 2024 (Q2 24)
Net Profit: ₹57.59Cr as on June 2024 (Q2 24)
Listing date: 01 Mar, 1995
Chairperson Name: Anjali Singh