Gabriel India Limited has announced a significant revision to its joint venture agreement with Inalfa Roof Systems Group B.V., reshaping the ownership structure of their subsidiary, Inalfa Gabriel Sunroof Systems Private Limited (IGSSPL). The Board of Directors approved this change on November 12, 2025, marking a strategic shift in the partnership.

Key Changes in the Joint Venture

The revised agreement introduces the following changes:

• Gabriel India will retain a 65% majority stake in IGSSPL
• Inalfa's shareholding has been reduced from the previously proposed 51% to 35%
• The revision follows the rejection of Inalfa's PN3 approval application by the Ministry of Heavy Industries in August 2024

Additional Agreements Approved

The Board has also given the green light to several related agreements:

1. An amended Technical Collaboration and Alliance Agreement
2. An addendum to the Corporate Service Agreement with Anand Automotive Private Limited
3. A Brand License Agreement for exclusive use of Inalfa trademarks in India
4. An Investment Agreement for Inalfa's 35% stake acquisition

These agreements are subject to necessary corporate and regulatory approvals.

Financial Implications

While the immediate financial impact of this restructuring is not detailed, the move signifies Gabriel India's commitment to maintaining control over IGSSPL's operations. The company's stake will decrease from 100% to 65% following the transaction, but it will retain majority control.

Looking Ahead

This revised joint venture structure may allow Gabriel India to benefit from Inalfa's expertise while maintaining strategic control over IGSSPL. The successful implementation of this agreement could potentially strengthen Gabriel India's position in the automotive components sector, particularly in the sunroof systems market.

Investors and industry observers will likely keep a close watch on how this restructured partnership impacts Gabriel India's operations and financial performance in the coming quarters.

Gabriel India Limited , a leading auto component manufacturer, has reported a robust financial performance for the second quarter of the current fiscal year. The company's net profit saw a significant increase of 15% year-over-year, while revenue demonstrated strong growth.

Financial Highlights

• Net profit rose to ₹606.50 million, up from ₹527.00 million in the same period last year.
• Revenue increased by 15.4% to ₹10.66 billion, compared to ₹9.24 billion in the previous year.
• EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) grew to ₹923.00 million from ₹791.00 million.
• EBITDA margin improved slightly to 8.66% from 8.57% year-over-year.

Performance Analysis

The financial results reflect a strong performance in the auto component sector. The 15% increase in net profit indicates improved operational efficiency and cost management. The substantial 15.4% growth in revenue suggests robust demand for Gabriel India's products in the automotive market.

The rise in EBITDA, coupled with a marginal improvement in EBITDA margin, points to the company's ability to maintain profitability while scaling operations. This performance is particularly noteworthy given the challenges faced by the automotive industry in recent times.

Dividend Announcement

In a separate announcement, the Board of Directors has declared an interim dividend of ₹1.90 per share. The record date for this dividend is set for November 21, with the payment expected to be made on or before December 11.

Future Outlook

While the company has not provided specific forward-looking statements, the positive Q2 results position Gabriel India well for potential continued growth. The auto component sector's performance often mirrors the overall automotive industry trends, and these results may indicate a broader recovery or growth phase in the sector.

Investors and stakeholders will likely keep a close watch on Gabriel India's performance in the coming quarters to see if this growth trajectory continues. The company's ability to maintain or improve its margins while expanding revenue will be crucial factors to monitor.

Note: All financial figures are in Indian Rupees (INR).