Gabriel India Limited reported a 14.8% rise in net profit for the financial year ended March 31, 2026, reaching ₹2,432.09 million, compared to ₹2,118.67 million in the previous year. Revenue from operations increased 16.2% to ₹42,329.87 million from ₹36,432.90 million in FY25, driven by the auto components and parts business. The board recommended a final dividend of ₹3.10 per equity share, subject to shareholder approval, with payment scheduled on or before September 24, 2026.

For the quarter ended March 31, 2026, the company posted a net profit of ₹612.53 million, a slight decline from ₹656.38 million in the preceding quarter. Revenue for the quarter stood at ₹11,107.85 million. Total income for the year rose to ₹42,829.50 million, while total expenses increased to ₹39,476.60 million. The company recognised exceptional items of ₹133.46 million during the year, primarily due to incremental obligations from new labour codes.

Financial Performance

The audited standalone financial results for FY26 show strong growth across key metrics. Profit before tax for the year improved to ₹3,219.44 million from ₹2,847.23 million in the prior year. Earnings per share (basic and diluted) increased to ₹16.93 from ₹14.75. The company’s reserves and surplus grew to ₹13,187.50 million as of March 31, 2026, up from ₹11,423.85 million a year earlier.

Strategic Developments

The board approved an investment of ₹1,38,24,425 by subscribing to 11,05,954 equity shares of Jinhap Gabriel Auto India Private Limited under a rights issue, maintaining the company's shareholding at 51%. Additionally, the National Company Law Tribunal (NCLT), Mumbai Bench, sanctioned a composite scheme of arrangement involving the merger of Anchemco India Private Limited with Asia Investments Private Limited and the subsequent demerger of the automotive undertaking to Gabriel India Limited. The company is in the process of making the scheme effective.

Consolidated Results

On a consolidated basis, net profit for FY26 stood at ₹2,521.64 million, up from ₹2,449.81 million in the previous year. Consolidated revenue from operations grew to ₹46,669.33 million from ₹40,633.81 million. Total comprehensive income for the year attributable to shareholders was ₹2,508.08 million. The auditors, Price Waterhouse Chartered Accountants LLP, issued an unmodified opinion on the standalone and consolidated financial results.

Gabriel India Limited has re-appointed its statutory, cost, and internal auditors to ensure continued financial oversight and compliance. The Board of Directors approved these appointments during a meeting held on May 27, 2026, based on the recommendations of the Audit Committee. The re-appointment of the statutory auditor is subject to shareholder approval at the ensuing Annual General Meeting (AGM).

Price Waterhouse Chartered Accountants LLP has been recommended for re-appointment as the Statutory Auditor for a period of five consecutive years. The term will commence from the conclusion of the 64th AGM and continue until the conclusion of the 69th AGM. The firm’s registration number is 012754N/N500016.

For the financial year 2026-27, the Board approved the re-appointment of M/s Dhananjay V. Joshi, Cost Accountants, as Cost Auditors. The firm, registered under number 00030 and based in Pune, will conduct the cost audit for the specified period.

The company also re-appointed Anand Automotive Pvt. Ltd. as the Internal Auditor for financial year 2026-27. Anand Automotive Private Limited, an Anand Group Company, has been providing corporate services and management support across the ANAND Group since 1975.

Details of Auditor Appointments