Gabriel India Ltd (BOM:505714)
₹ 459.7 7.85 (1.74%) Market Cap: 66.03 Bil Enterprise Value: 63.90 Bil PE Ratio: 30.80 PB Ratio: 5.97 GF Score: 95/100

Q2 2025 Gabriel India Ltd Earnings Call Transcript

Oct 23, 2024 / 05:30AM GMT
Release Date Price: ₹432.8 (+4.05%)

Key Points

Positve
  • Gabriel India Ltd (BOM:505714) reported a 6.9% year-on-year increase in operating revenue, reaching INR924 crores, driven by improvements in 2-wheeler and EV 2-wheeler sales.
  • The company declared an interim dividend of INR1.75 per share, reflecting a strong financial position.
  • EBITDA margins remained stable at 8.7%, and PAT showed a 12.2% year-on-year growth, indicating solid profitability.
  • The two-wheeler and three-wheeler segments experienced impressive growth, with scooters leading at 16.7% and motorcycles and mopeds growing by 11.3% and 17.9%, respectively.
  • Gabriel India Ltd (BOM:505714) is actively expanding its product range and focusing on innovation, maintaining its market leadership across key segments like 2-wheelers, 3-wheelers, and EVs.
Negative
  • Passenger vehicle sales volume saw a slight decline of 0.6% year-on-year, indicating softer demand in this segment.
  • The commercial vehicle sector experienced a year-on-year degrowth of 9.2%, with domestic demand remaining weak due to extended monsoon delays and reduced infrastructure spending.
  • Despite strong export growth in the CV sector, the overall domestic market performance was weak, showing an 11% decline.
  • The company faces challenges in achieving double-digit EBITDA margins for its standalone business, with ongoing efforts needed to improve profitability.
  • The sunroof business, while showing strong margins, faces potential margin fluctuations due to competition and product mix changes.
Operator

Ladies and gentlemen, good day, and welcome to Gabriel India Limited Q2 FY '25 Earnings Conference Call. This conference call may contain forward-looking statements about the company, which are based on the beliefs, opinions and expectation of the company as on date of this call.

These statements are not the guarantees of future performance and involve risks and uncertainties that are difficult to predict. (Operator Instructions)

Please note that this conference is being recorded. I now hand the conference over to Mr. Rishi Luharuka, CFO, Gabriel India Limited. Thank you, and over to you, sir.

Rishi Luharuka
Gabriel India Ltd - Chief Financial Officer, Vice President - Information Technology

Good morning, and a very warm welcome to everyone present on the call. Joining me today, we have Atul Jaggi, our Managing Director; Nilesh Jain, our company Secretary and our IR advisers, SGA.

Let me begin with introducing our newly appointed Managing Director, Mr. Atul Jaggi. Mr. Jaggi holds a bachelor degree in mechanical engineering from

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