The note says the company signed a JV agreement with FORVIA for a seating JV closing by end-2026, with the board approving up to Rs 49.99 Cr investment.
Read this note →Gabriel India Limited
NSE GABRIEL BSE 505714 INE524A01029
0 filings · 0 analysed
1,421.90
+1.58%
over today
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What the desks said
The note says Gabriel signed a JV with Faurecia Automotive Seating India to form Faurecia Anand Seating India for seat frames and complete seats, and labels the view 'Positive'.
Read this note →The note says Gabriel India and Faurecia Automotive Seating India will form a 50:50 JV for passenger vehicle seats with a ~Rs 50 crore equity commitment from Gabriel, and that this moves Gabriel from a ride-control company towards a broader mobility systems player with larger content-per-vehicle opportunity.
Read this note →The note says Gabriel India and Faurecia signed a JV agreement to form Faurecia Anand Seating India, with FORVIA holding 50% plus one share.
Read this note →The note says Gabriel India reported Q1FY25 revenue of ~Rs 9.5bn (+18% YoY) with EBITDA margin at 9.6% and PAT up 37.1% YoY, and retains a BUY with a target range of Rs 590-600 based on 19.3x FY26E EPS of Rs 25.3, citing Core-90 programme benefits, the sunroof business at ~14% EBITDA margin despite DPIIT rejecting the Inalfa JV, new products (solar dampers, e-bike suspension) and a debt-free balance sheet.
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