Closure of Trading Window
Gabriel India Ltd has informed BSE that the Meeting of the Board of Directors of the Company will be held on May 15, 2017, inter alia, to consider and approve the Audited Financial Results of the Company for the quarter and year ended March 31, 2017. In view of the above, the trading window is closed from May 03, 2017 to May 17, 2017 (both days inclusive) and would be open from May 18, 2017. Compliance Certificate For The Period Ended March 31, 2017
Please find enclosed the certificate under Regulation 7(3) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the half year ended March 31, 2017 of Gabriel India Limited Certificate Pursuant To Regulation 40 (9) And Regulation 40 (10) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015
We are enclosing herewith a Certificate under Regulation 40(9) and (10) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the half year ended 31st March, 2017. Shareholding for the Period Ended March 31, 2017
Gabriel India Ltd has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2017. For more details, kindly Click here Statement Of Investor Complaint Under Reg. 13(3) Of SEBI (LODR) Regulations, 2015 For Quarter Ended March 31, 2017
Gabriel India Ltd has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended March 31, 2017, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Gabriel India gets a closer look
India's overall auto ancillary market was sharply hit by demonetization last year, with the exception of a few outlier companies. One such outlier has been Gabriel India (GIL). GIL's Q3 revenue from operations held at Rs. 373.7 crore, a growth of 5.3% YoY despite the demonetization impact and clients tightening their purses. GIL produces and supplies ride control products like shock absorbers, front forks and struts for the auto industry, for both two/three–wheeler and passenger/commercial vehicle OEMs and after markets. Gabriel India's clients include Mahindra and Mahindra, TVS Motors and Maruti Suzuki, and is the sole supplier for new car models like Maruti's Vitara Brezza, Ignis and S-Cross, and the Volkswagen Ameo. GIL's fortunes rise and fall with the vehicle models it supplies to: GIL's clients have seen some big wins lately - Maruti's Vitara Brezza and Ignis have been huge successes for Maruti. S-Cross, Maruti's crossover SUV, has been less fortunate, and the company is trying again with a new model, which if it takes off will help GIL's volumes. Gabriel India has been shifting its focus over the past few quarters from two/three wheelers to four wheelers. The passenger car vehicle segment offers higher margins for GIL, and its pivot here has helped its operating margins go up from the 7-8% territory in FY16 to 9%+ in the current FY17. GIL's revenue mix for passenger cars has gone up 2% since FY16, and the company expects it to go higher in the coming year with its focus on the car segment. Better margins have meant stronger cash flows for GIL. The company has also begun selling its shock absorbers to Indian Railways, for installation in upgraded new coaches. Indian Railways is shifting to new coaches across its trains over the coming quarters, and GIL is planning to manufacture these shock absorbers in India, which will reduce costs for the firm. Analysts at Karvy and Nirmal Bang have both issued recent BUY calls on GIL, with target share prices of Rs. 145 and Rs. 151. Institutional Investor Meetings On 16Th March 2017
Gabriel India Ltd has informed BSE that the Company has scheduled an Institutional Investors Meeting on March 16, 2017. Institutional Investors Call On March 16, 2017
Gabriel India Ltd has informed BSE that the Company has scheduled an Institutional Investors Call on March 16, 2017. Earnings Call on Feb 06, 2017
Gabriel India Ltd has informed BSE that the Company has scheduled an Earnings call with the investors and Shareholders on February 06, 2017 at 2.00 P.M. to discuss operational and financial performance in Q3 FY 16-17.An invitation for the said call is enclosed. Result Presentation for December 31, 2016
Gabriel India Ltd has informed BSE about : 1. Result Presentation for the period ended December 31, 2016