Gabriel India (505714) Q4 21/22 earnings summary

Executive summary

• FY22 revenue from operations reached ₹23,319.89m, up 37.58% YoY; EBITDA was ₹1,459.28m (+42.34%) and PAT ₹895.15m.

• Results reflected industry outperformance, market-share gains and stronger volumes across business units, despite pandemic disruptions and persistent supply-chain challenges.

Financial highlights

• Net sales rose to ₹23,104.55m from ₹16,793.52m; PBT increased 62.32% to ₹1,264.59m and PAT rose from ₹602.73m.

• Revenue from operations was ₹23,319.89m versus ₹16,948.33m; diluted EPS increased to ₹6.23 from ₹4.20.

• EBITDA margin on turnover was 6.32% versus 6.10%; raw-material inflation kept margins under pressure.

Outlook and guidance

• FY23 priorities: localisation to reduce imports and supply risks, productivity, technology, talent development, and continued cost-reduction initiatives.

• Planned investment in capacity, automation and R&D; focus on exports, aftermarket, passenger-car share and EV portfolio, with M&A and collaboration opportunities under review.

• Long-term ambition is to become a top-five global shock-absorber manufacturer and achieve carbon neutrality by 2025.