Integrated Filing — IndAS



General information about company

Scrip Code 505714
NSE Symbol GABRIEL
MSEI Symbol NOTLISTED
ISIN INE524A01029
Name of company Gabriel India Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 30-10-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 24-10-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Auto Components and Parts
Start date and time of board meeting 30-10-2026   15:25:00
End date and time of board meeting 30-10-2026   17:45:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 1,60,799.60 3,03,367.90
Other income 660.70 1,123.60
Total income 1,61,460.30 3,04,491.50
2 Expenses
(a) Cost of materials consumed 1,20,437.30 2,25,722.10
(b) Purchases of stock-in-trade 1,199.50 2,352.50
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (1,102.20) (1,592.40)
(d) Employee benefit expense 8,915.30 17,477.40
(e) Finance costs 1,472.80 2,070.40
(f) Depreciation, depletion and amortisation expense 3,288.40 6,518.60
(f) Other Expenses
1 Other Expenses 17,262.30 32,904.30
Total other expenses 17,262.30 32,904.30
Total expenses 1,51,473.40 2,85,452.90
3 Total profit before exceptional items and tax 9,986.90 19,038.60
4 Exceptional items 0.00 0.00
5 Total profit before tax 9,986.90 19,038.60
6 Tax expense
7 Current tax 2,613.90 5,008.60
8 Deferred tax (193.90) (75.20)
9 Total tax expenses 2,420.00 4,933.40
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 7,566.90 14,105.20
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 4,830.00 9,104.30
16 Total profit (loss) for period 12,396.90 23,209.50
17 Other comprehensive income net of taxes (45.80) (85.40)
18 Total Comprehensive Income for the period 12,351.10 23,124.10
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 12,311.20 23,046.40
Total profit or loss, attributable to non-controlling interests 85.70 163.10
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 12,265.60 22,961.90
Total comprehensive income for the period attributable to owners of parent non-controlling interests 85.50 162.20
21 Details of equity share capital
Paid-up equity share capital 1,916.30 1,916.30
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 6.8 12.84
Diluted earnings (loss) per share from continuing operations 6.8 12.84
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 6.8 12.84
Diluted earnings (loss) per share from continuing and discontinued operations 6.8 12.84
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) The Board of Directors, at its meeting held on June 30, 2025, approved a Composite Scheme of Arrangement (the Scheme) involving the merger of Anchemco India Private Limited (a fellow subsidiary) with Asia Investments Private Limited (the Immediate Holding Company) on a going concern basis with effect from the Appointed Date of April 1, 2025, and the subsequent demerger and transfer of the Automotive Undertaking (as defined in the Scheme) of Asia Investments Private Limited to the Company with effect from the Appointed Date of April 1, 2026. The Scheme was approved by the National Company Law Tribunal (NCLT) vide its order dated May 11, 2026. Accordingly, during the half year ended September 30, 2026, the Company has given effect to the Scheme using the pooling of interest method, applied retrospectively for all periods and year ended March 31, 2026, presented in the consolidated financial results, as prescribed under Ind AS 103 – Business Combinations, and the figures for the previous periods have been restated accordingly. The restated results for the quarter ended September 30, 2025 and year-to-date ended September 30, 2025, have, to the extent of the Automotive Undertaking included therein, neither been subjected to limited review and such figures have been furnished by the management of the Company, which has exercised necessary due diligence to ensure that these financial results present a true and fair view of the Group's affairs Impact of restatement on earning per share (EPS) for comparative period/year: Particulars Quarter ended Year-to-date Year ended 30.09.2025 30.09.2025 31.03.2026 Earnings per share Before accounting for Scheme 4.81 9.12 17.55 After accounting for Scheme 6.01 11.93 24.22 These consolidated financial results have been prepared in accordance with the Indian Accounting Standard (Ind AS) as prescribed under Section 133 of the Companies Act, 2013, read with Rule 3 of the Companies (Indian Accounting Standards) Rule, 2015 and relevant amendments thereunder The above consolidated financial results have been reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on October 30, 2026. As the Company's business activity falls within a single operating segment viz. auto components and parts, no segment information is required to be disclosed. Exceptional item relates to the obligations for the employees past service created pursuant to the implementation of the four labour codes with effect from November 21, 2025 The Company raised funds through the issuance of unsecured, listed, non-convertible debentures (NCDs) on a private placement basis, aggregating up to Rs. 10,000 millions. The NCDs have a face value of Rs. 1,00,000 each and carry a fixed coupon rate of 8.15% per annum. Details are as below- 8.15% unsecured, listed, non-convertible debentures (NCDs)- 10,000.00- Next principal installment date- September 10, 2029 On July 21, 2026, the Board of Directors of the Company approved acquisition of 28.99% equity stake on HL Mando Anand India Private Limited equivalent to 48,134,427 equity shares from Asia Investments Private Limited (Promoter and holding company of the Company), for a composite consideration of Rs.22,310 millions which was approved by the shareholder on August 19, 2026. The Consideration was discharged by issue of 1,44,04,204 equity shares at aggregating to Rs. 18,810 million to the Promoter on preferential basis and balance Rs. 3,500 millions was paid in cash. The preferential allotment of securities was done on September 11, 2026 which was considered as the date of acquisition by the management. The Company has accounted the acquisition by applying analogy of Appendix C of IND AS 103 Business Combination. On July 21, 2026, the Board of Directors of the Company had accorded its approval for execution of Share Purchase Agreement and Joint Venture Agreements ('Agreements') with HL Klemove Corporation and HL Klemove India Private Limited ('the Target Company'), purchasing 37,844,999 equity shares of the Target Company at a consideration of USD 98.44 million. The Company has acquired the shares on August 25, 2026 and has accounted for the acquisition on provisional basis. The management is in the process of identifying and determining the fair values of tangible and intangible assets in accordance with IND AS 28 Investments in Associates and Joint Ventures. The Board of Directors of the Company, at its meeting held on October 06, 2026, approved entering into a Joint Venture Agreement between Faurecia Automotive Seating India Private Limited (“FASI”) and the Company for the formation of a joint venture company (“JV Co.”) with an initial investment of Rs. 200.00 million. The JV Co. was incorporated on October 19, 2026 under the name Faurecia Anand Seating India Private Limited. FASI and the Company will hold 50% plus one equity share and 50% less one equity share, respectively. The Board of Directors in their meeting held on October 30, 2026 declared an interim dividend of Rs. 2.15 per share for the period ended September 30, 2026. The record date for the same is November 06, 2026, in accordance with the Ind AS 10 ‘Event after reporting date’ as notified by the Ministry of Corporate Affairs through amendment to Companies (Accounting Standards) Amendment Rules, 2016 dated March 30, 2016, the Company has not accounted for interim dividend as a liability as at September 30, 2026.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 72,053.80
Capital work-in-progress 9,296.50
Investment property 680.80
Goodwill 0.00
Other intangible assets 25,713.90
Intangible assets under development 7,523.80
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 1,96,540.60
Non-current financial assets
Non-current investments 210.40
Trade receivables, non-current 0.00
Loans, non-current 166.20
Other non-current financial assets
1 Other non-current financial assets 1,243.50
Total of other non-current financial assets 1,243.50
Total non-current financial assets 1,620.10
Deferred tax assets (net) 372.50
Other non-current assets
1 Other non-current assets 3,559.30
2 Other Income Tax Assets 58.70
Total of other non-current assets 3,618.00
Total non-current assets 3,17,420.00
2 Current assets
Inventories 51,381.90
Current financial asset
Current investments 12,829.90
Trade receivables, current 97,932.20
Cash and cash equivalents 14,195.20
Bank balance other than cash and cash equivalents 210.70
Loans, current 40.00
Other current financial assets
Total of other current financial assets 3,442.60
Total current financial assets 1,28,650.60
Current tax assets (net) 0.00
Other current assets
1 Other current assets 6,528.40
Total of other current assets 6,528.40
Total current assets 1,86,560.90
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 5,03,980.90
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,916.30
Other equity 2,23,992.50
Total equity attributable to owners of parent 2,25,908.80
Non controlling interest 4,398.60
Total equity 2,30,307.40
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 1,18,755.70
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Lease Liabilities 7,628.20
2 Other non-current financial liabilities 23,120.20
Total of other non-current financial liabilities 30,748.40
Total non-current financial liabilities 1,49,504.10
Provisions, non-current 3,481.90
Deferred tax liabilities (net) 1,893.00
Deferred government grants, Non-current 0.00
Other non-current liabilities
1 Other non-current liabilities 357.60
Total of other non-current liabilities 357.60
Total non-current liabilities 1,55,236.60
Current liabilities
Current financial liabilities
Borrowings, current 8,172.20
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 9,180.10
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 85,459.70
Total Trade payable 94,639.80
Other current financial liabilities
1 Lease Liabilities 1,479.80
2 Other current financial liabilities 5,912.50
Total of other current financial liabilities 7,392.30
Total current financial liabilities 1,10,204.30
Other current liabilities 3,404.60
1 Other current liabilities 3,404.60
Total of other current liabilities 3,404.60
Provisions, current 4,286.60
Current tax liabilities (Net) 541.40
Deferred government grants, Current 0.00
Total current liabilities 1,18,436.90
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 2,73,673.50
Total equity and liabilites 5,03,980.90
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2026 01-04-2026
Date of end of reporting period 30-09-2026 30-09-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of post-employment benefit obligations (51.60) (105.00)
Total Amount of items that will not be reclassified to profit and loss (51.60) (105.00)
2 Income tax relating to items that will not be reclassified to profit or loss (13.00) (26.40)
3 Amount of items that will be reclassified to profit and loss
1 Exchange differences on translating the financial statement of Foreign operation (net) (7.20) (6.80)
Total Amount of items that will be reclassified to profit and loss (7.20) (6.80)
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (45.80) (85.40)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 19,038.60
Adjustments for reconcile profit (loss)
Adjustments for finance costs 2,070.40
Adjustments for decrease (increase) in inventories (3,770.60)
Adjustments for decrease (increase) in trade receivables, current (19,096.70)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets (1,334.60)
Adjustments for other financial assets, non-current (399.00)
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 12,262.10
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 1.20
Adjustments for depreciation and amortisation expense 6,518.60
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 300.00
Adjustments for provisions, non-current 288.20
Adjustments for other financial liabilities, current 379.70
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (281.40)
Adjustments for dividend income 0.00
Adjustments for interest income 293.10
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) (140.10)
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (3,495.30)
Net cash flows from (used in) operations 15,543.30
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 4,359.40
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 11,183.90
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 1,06,022.40
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 183.90
Purchase of property, plant and equipment 9,352.30
Proceeds from sales of investment property 0.00
Purchase of investment property 2,037.40
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 1,478.90
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 11,239.70
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties (20.10)
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 377.50
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 25.00
Net cash flows from (used in) investing activities (1,07,044.80)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 132.90
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 1,13,173.40
Repayments of borrowings 7,514.90
Payments of lease liabilities 952.20
Dividends paid 5,497.00
Interest paid 1,431.90
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (0.10)
Net cash flows from (used in) financing activities 97,910.20
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 2,049.30
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 2,049.30
Cash and cash equivalents cash flow statement at beginning of period 11,229.20
Cash and cash equivalents cash flow statement at end of period 13,278.50





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Price Waterhouse Chartered Accountants LLP Yes 30-11-2026