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← CockpitCompetitor Analysis › GABRIEL.NS Gabriel IndiaOpen in the cockpit ↗

Gabriel IndiaGABRIEL.NSCompetitor analysis, valuation and peers

India · INR·Auto & Ancillaries›Auto Parts: OEM

Makes shock absorbers, struts and ride-control components for two-wheelers, cars, trucks and railways in India.

Momentum strong 68
Mkt cap
$2.58B
US dollars, full cap
Free float
28%
of shares outstanding
$/day
$4.77M
20-day average traded
Fwd P/E
47.7×
forward earnings
ROIC−WACC
-7.7 pp
WACC 15.8%
Hurdle
+33 pp
Req g minus delivered
Next earnings
94 days
8 Feb 2027
Close · INR₹1,375
1D-2.2%
1W-3.5%
1M+2.1%
3M-10.2%
6M+22.0%
YTD+36.1%
1Y+9.2%
ATR %4.1%
Beta1.11
52w lowhigh14.1% off high

What Gabriel India does

Makes shock absorbers, struts and ride-control components for two-wheelers, cars, trucks and railways in India.

Part of the Anand Group, it supplies shock absorbers and forks to vehicle makers under programme awards that last for a model's life, then sells replacements through the aftermarket to repair shops. The business is weighted toward two-wheelers, so it follows motorcycle and scooter output.

Products and services

  • Shock absorbers
  • Struts
  • Front forks (two-wheeler)
  • Railway dampers

Customers

  • Two-wheeler OEMs
  • Passenger/commercial vehicle OEMs
  • Indian Railways

Where it sits in the supply chain

  • Auto components
  • Ride control (shock absorbers, struts)
  • OEM & aftermarket ride-control products

What could go right

  • Vehicle production growth
  • EV-specific suspension component demand

What could go wrong

  • Auto OEM production cyclicality
  • Raw material (steel) cost swings

Moat: narrow (process know-how, customer qualification). Long-standing OEM qualification in ride control, but Mando and Endurance compete for the same contracts.

Headquarters: Pune, India · Founded: 1961 · Employees: 6,439

Named competitors

Gabriel India at a glance

Size Gabriel India (GABRIEL.NS) is an India Consumer Discretionary company (Auto Parts: OEM) with a market value of $2.58B, the 317th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹1,375 on 6 Nov 2026.

Performance Over six months the shares gained 22.0%, against -10.6% for the median peer and 0.0% for the India market (cap-weighted) — 4th highest of 21 in its peer set.

Growth Revenue grew 24.1% over the last twelve months (peer median +8.4%); the operating margin is 6.8% (peer median 7.3%).

Valuation It trades at 47.7× forward earnings against a peer median of 21.8× (4th most expensive of 20).

Price implies For today's price to make sense, revenue must grow about 55% a year for seven years (Req g). Recent delivered growth is +22%, so the hurdle is +33 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 7.7 points below its cost of capital (15.8% WACC).

Next results Next results expected around 8 Feb 2027 (exchange calendar; dates can move).

Relative performance

10012014011 May 202611 Aug 20266 Nov 2026GABRIEL.NS 121Peer median 88
Six months, rebased to 100: Gabriel India against the median of its 20 peers (local-currency closes).

Gabriel India financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹54.2B₹46.6B₹40.6B₹34.0B₹29.7B
Revenue growth—+15%+19%+15%—
Gross profit₹9.53B₹6.27B₹5.47B₹4.23B₹3.28B
EBITDA₹4.85B₹4.45B₹3.92B₹2.95B₹2.14B
Net income₹3.52B₹2.52B₹2.45B₹1.79B₹1.32B
Free cash flown/a₹1.31B₹345M₹439M₹539M
Capital expendituren/a₹2.40B₹2.09B₹1.63B₹887M
Total debt₹13.6B₹1.48B₹691M₹750M₹112M

Quarterly statements and history in the cockpit →

Gabriel India competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-25%0%+25%+50%-20%0%+20%002536002085603009PHINMSUMIZFCVINDIA6923SUNDRMFASTTVSHLTDESCORTSSANSERA64710188803015296037300005816033583116601799001696GABRIEL.NS6-month return →1-month return →
Up and to the right = strong over both horizons. Gabriel India is the large dot.

Fundamentals: revenue growth against valuation

0%+10%+20%+30%0×50×100×002536002085603009PHINMSUMIZFCVINDIA6923SUNDRMFASTESCORTSSANSERA64710188803015296037300005816033583116001696GABRIEL.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Gabriel India is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%+60%0%20%40%60%002085PHINMSUMIZFCVINDIA6923SUNDRMFASTESCORTS3015296037300005813116601799001696GABRIEL.NSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Gabriel India is the large dot.

Gabriel India competitors and peer comparison

Head to head with its named competitors (GABRIEL.NS vs ENDURANCE.NS vs 7242.T)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Gabriel India GABRIEL.NS$2.58B+22%+24%7%47.7×55.1%
Endurance Technologies ENDURANCE.NS$3.71B-1%+32%8%32.3×29.9%
KYB 7242.T$1.15B+10%+11%6%9.6×-0.4%

How Gabriel India compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Gabriel India against its 20 peers (data as of 6 Nov 2026)
MeasureGABRIEL.NSPeer medianRank in peer set
1-month return+2.1%-5.0%7th highest of 21
6-month return+22.0%-10.6%4th highest of 21
Distance from 52-week high-14.1%-33.7%3rd highest of 21
Revenue growth (TTM)+24.1%+8.4%4th highest of 21
Operating margin6.8%7.3%10th lowest of 21
Forward P/E47.7×21.8×4th most expensive of 20
Growth the price implies (Req g, 7 yrs)55.1%7.6%2nd most demanding of 16
Growth delivered (Del g)+22.5%+10.3%4th highest of 16
Hurdle (Req g minus delivered)+32.7 pp-2.0 ppmost demanding of 16
ROIC minus cost of capital-7.7 pp-0.9 pp2nd lowest of 21
EV / EBITDA52.6×10.0×most expensive of 11
Net debt / EBITDA2.2×0.3×3rd most indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Gabriel India GABRIEL.NSIndia$2.58B+22%+24%7%47.7×55.1%+22.5%
Feilong Auto Components 002536.SZChina$2.60B-20%+5%4%35.4×n/an/a
Zhejiang Wanfeng Auto Wheel 002085.SZChina$2.64B-36%-2%7%19.5×3.7%+8.4%
Shanghai Beite Technology 603009.SSChina$2.64B+11%+9%7%114.7×n/an/a
PHINIA PHINUnited States$2.48B-14%+6%9%10.1×0.4%+27.5%
Motherson Sumi Wiring India MSUMI.NSIndia$2.75B-9%+36%7%32.1×30.0%+23.8%
ZF Commercial Vehicle Control Systems India ZFCVINDIA.NSIndia$2.76B-5%+9%13%44.2×31.9%+17.3%
Stanley Electric 6923.TJapan$2.41B+1%+11%7%9.9×1.3%+7.6%
Sundram Fasteners SUNDRMFAST.NSIndia$2.40B+24%+17%12%31.6×28.4%+11.6%
TVS TVSHLTD.NSIndia$2.78B-10%+35%14%n/an/an/a
Escorts Kubota ESCORTS.NSIndia$2.84B-27%+19%9%21.8×21.0%+10.7%
Sansera Engineering SANSERA.NSIndia$2.86B+70%+23%13%61.5×n/an/a
NSK 6471.TJapan$2.87B-27%+26%5%12.9×1.9%+4.0%
Hanon Systems 018880.KSSouth Korea$2.31B-28%+5%4%12.3×3.6%+9.6%
WuHu Foresight Technology 301529.SZChina$2.89B+66%+4%9%113.6×55.9%+29.9%
Shanghai Daimay Automotive Interior 603730.SSChina$2.90B-18%-2%13%22.7×13.0%+10.3%
Weifu High-Technology 000581.SZChina$2.29B-11%+17%-3%10.2×16.4%-1.4%
Huada Automotive Technology 603358.SSChina$2.28B+3%+5%-3%24.7×n/an/a
Toyota Boshoku 3116.TJapan$2.28B-9%+8%2%7.7×-7.3%+9.9%
Changzhou Xingyu Automotive Lighting Systems 601799.SSChina$2.92B-45%+2%9%13.4×-0.6%+15.8%
Chongqing Zongshen Power Machinery 001696.SZChina$2.25B-24%-5%5%17.3×7.6%+9.6%

Questions

Who are Gabriel India's main competitors?
Named competitors: Mando India (Halla) (private or unlisted), Endurance Technologies (ENDURANCE.NS), Showa India (private or unlisted), KYB Corporation (7242.T). The cockpit's measured peer set (industry) also includes Feilong Auto Components (002536.SZ), Zhejiang Wanfeng Auto Wheel (002085.SZ), Shanghai Beite Technology (603009.SS), PHINIA (PHIN), Motherson Sumi Wiring India (MSUMI.NS), ZF Commercial Vehicle Control Systems India (ZFCVINDIA.NS).
Is Gabriel India expensive compared with its peers?
On forward p/e it trades at 47.7× against a peer median of 21.8×, 4th most expensive of 20 in its peer set. For today's price to make sense, revenue must grow about 55% a year for seven years (Req g). Recent delivered growth is +22%, so the hurdle is +33 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Gabriel India stock performed?
Over six months to 6 Nov 2026 the shares returned +22.0% against -10.6% for the median peer; over one year +9.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.