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Business Standard
02-07-2025
- Automotive
- Business Standard
Gabriel India zooms 71% in 7 days; Elara Capital sees 10% more upside
Gabriel India share price Shares of Gabriel India (Gabriel) were locked in the upper circuit for the second straight day, surging 20 per cent to hit a new high of ₹1,011.45 on the BSE in Wednesday's intra-day trade in an otherwise subdued market. In comparison, the BSE Sensex was trading 0.04 per cent lower at 83,663 at 10:22 AM. In the past two trading days, the stock price the auto ancillary company has zoomed 44 per cent after the Board of Directors of Gabriel approved a Composite Scheme of Arrangement, involving Gabriel India, Asia Investments Pvt Ltd (AIPL), and Anchemco India Pvt Ltd (Anchemco). The stock was quoting higher for the seventh straight trading day, skyrocketing 71 per cent during the period. Gabriel - Composite Scheme of Arrangement This scheme will result in vesting AIPL's automotive business undertaking, comprising Anchemco's business (brake fluids, radiator coolants, diesel exhaust fluid / ad-blue, and PU/ PVC based adhesives) and investments in Dana Anand India Pvt. Ltd, Henkel ANAND India Pvt. Ltd and ANAND CY Myutec Automotive Pvt., Ltd into Gabriel. Gabriel will issue 1,158 equity shares of ₹1 each for every 1,000 equity shares of ₹10 each held in AIPL to the shareholders of AIPL. The scheme will accelerate profitable growth with better margins, creating substantial shareholder value through EPS accretion and higher return on equity, Gabriel said. At a Group level, the management said they have set a revenue target of ₹50,000 crore by 2030 and see Gabriel leading the way. This Scheme will consolidate the business of the demerged undertaking of AIPL in automotive components and products like drivetrain products including transmissions for electric vehicles (EVs), Body in White and NVH Products and solutions, brass and steel synchroniser rings, aluminum forgings, brake fluids, radiator coolants and diesel exhaust fluids (DEF) / Ad-Blue for 2W, 3W and 4W vehicles and trucks and PU and PVC based adhesives into Gabriel. This inclusion, together with the recently added sunroof business, will transform Gabriel from a mono-product suspension company into a diversified, technology-driven mobility solutions provider, and reducing the dependency on a single product line by expansion into new segments, geographies, the aftermarket product range, and railways product range, the company said in statement. Elara Capital raises target price for Gabriel to ₹1,115 Elara Capital reiterated its 'buy' rating on Gabriel India and raised its target price to ₹1,115 per share. As per their analysts, the greatest potential for re-rating for any auto ancillary company arises from transition from a single- to a multi-product portfolio. Auto ancillaries have outperformed original equipment manufacturers (OEMs) in the past decade on four key counts: a) increasing products, b) expansion in segments, c) expansion in geographies and d) inorganic expansion. Gabriel is a play on all four. The deal is EPS accretive by ~41 per cent on FY25 financials, which is a positive. 'While all approvals are likely to be completed in the next 10-12 months, we have not yet factored this into our estimates. However, proforma, our FY27E and FY28E EPS is likely to increase from ₹22.8/26.6 to ₹31/35.3 for FY27E/28E, assuming a modest ~8-10% CAGR in profits for the acquired entities. The target multiple on proforma financials is ~35x (in line with Endurance on FY27E) given that this diversification may continue going forward. The FY25-27E EPS CAGR on proforma financials is expected to be ~45 per cent,' Elara Capital said in the company update.
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Business Standard
01-07-2025
- Automotive
- Business Standard
Auto ancillary stock Gabriel India zooms 20%, up 42% in 6 days; here's why
Gabriel India share price Shares of Gabriel India hit a new high of ₹842.90, zooming 20 per cent on the BSE in Tuesday's intra-day trade after the company announced strategic restructuring to consolidate business operations and drive future growth and competitiveness. The auto ancillary stock was quoting higher for the sixth straight trading day, surging 42 per cent during the period. In the past six months, it has zoomed 68 per cent, as compared to 6.7 per cent rise in the BSE Sensex. What's driving Gabriel India stock price today? The board of directors of Gabriel India (Gabriel) has approved a composite scheme of arrangement involving, inter alia, Gabriel, Asia Investments Private Limited (AIPL), and Anchemco India Private Limited (Anchemco). This Scheme will result into vesting of automotive business undertaking of AIPL comprising of business of Anchemco (engaged in manufacturing of brake fluids, radiator coolants, diesel exhaust fluid (DEF) / ad-blue, and PU/ PVC based adhesives) and investments in Dana Anand India Private Limited (Dana), Henkel ANAND India Private Limited (Henkel) and ANAND CY Myutec Automotive Private Limited (ACYM) (Demerged Undertaking) into Gabriel. Gabriel will issue 1,158 equity Shares of ₹1 each for every 1,000 equity shares of ₹10 each held in AIPL to the shareholders of AIPL. The scheme will accelerate profitable growth with better margins, creating substantial shareholder value through EPS accretion and higher return on equity, Gabriel said. This Scheme will consolidate the business of the demerged undertaking of AIPL in automotive components and products like drivetrain products including transmissions for electric vehicles (EVs), Body in White and NVH Products and solutions, brass and steel synchroniser rings, aluminum forgings, brake fluids, radiator coolants and diesel exhaust fluids (DEF) / Ad-Blue for 2W, 3W and 4W vehicles and trucks and PU and PVC based adhesives into Gabriel. This inclusion, together with the recently added sunroof business, will transform Gabriel from a mono-product suspension company into a diversified, technology-driven mobility solutions provider, and reducing the dependency on a single product line by expansion into new segments, geographies, the aftermarket product range, and railways product range, the company said in statement. The management said they see Gabriel as ANAND Group's vehicle for future growth with its ability to provide a platform to capture the value creation for all its shareholders. At a Group level, the management said they have set a revenue target of ₹50,000 crore by 2030 and see Gabriel leading the way. Track Stock Market LIVE Updates About Gabriel India Established in 1961, Gabriel India is the flagship company of the ANAND Group and one of India's most trusted names in automotive component manufacturing. Gabriel has evolved as a market leader in ride control products, including shock absorbers, struts, and front forks, serving every major automotive segment - two and three-wheelers, passenger cars, commercial vehicles, and railways. As part of its growth strategy, it entered the sunroof systems market through a tie-up with Inalfa Roof Systems B.V., based in the Netherlands, forming Inalfa Gabriel Sunroof Systems (IGSS) to supply premium sunroof systems. Gabriel also acquired assets from Marelli Motherson Auto Suspension Parts Private Limited (MMAS) to strengthen its suspension portfolio.
Time of India
01-07-2025
- Automotive
- Time of India
Gabriel India unveils major restructuring plan to transform into diversified mobility solutions provider
Gabriel India has announced a major corporate restructuring through a composite scheme of arrangement involving its parent Asia Investments Private Limited (AIPL) and Anchemco India. The move aims to consolidate AIPL's automotive business and investments into Gabriel, significantly expanding the company's product portfolio and positioning it as a diversified, technology-driven mobility solutions provider. Under the approved scheme, Gabriel will acquire AIPL's automotive business undertaking—which includes Anchemco's operations in brake fluids, radiator coolants, diesel exhaust fluid (DEF)/Ad-Blue, and PU/PVC-based adhesives—as well as equity holdings in Dana Anand India, Henkel ANAND India, and ANAND CY Myutec Automotive. In exchange, Gabriel will issue 1,158 equity shares of ₹1 each for every 1,000 equity shares of ₹10 held in AIPL. What does it indicate? This restructuring will mark Gabriel's transformation from a mono-product suspension-focused company into a multi-product player in the automotive components space, with offerings spanning drivetrain components for EVs, Body-in-White and NVH solutions, synchronizer rings, aluminum forgings, and sunroofs. The expansion will also enhance Gabriel's reach across new segments, geographies, and the aftermarket, including products for two-wheelers, three-wheelers, four-wheelers, and commercial trucks. Chairperson Anjali Singh called the move a strategic realignment that supports the ANAND Group's goal of reaching ₹50,000 crore in revenue by 2030, with Gabriel leading the charge. Managing Director Atul Jaggi added that this initiative will bolster Gabriel's capabilities and customer base, positioning it as a preferred partner for global OEMs. The scheme is subject to approvals from shareholders, regulatory bodies, and the National Company Law Tribunal (NCLT), with completion expected within 10–12 months. JM Financial is advising on the deal, with Katalyst, KPMG, BDO, and ICICI Securities among the other key advisors.
Business Upturn
30-06-2025
- Automotive
- Business Upturn
Gabriel India announces business restructuring; to demerge AIPL automotive business and merge Anchemco India
By Aditya Bhagchandani Published on June 30, 2025, 21:34 IST Gabriel India Limited has announced a major business restructuring plan through a composite scheme of arrangement. As per its stock exchange filing on June 30, 2025, Gabriel India will demerge the automotive undertaking of Asia Investments Private Limited (AIPL) and also merge Anchemco India Private Limited with AIPL. Post this restructuring, Gabriel will integrate AIPL's automotive business, including manufacturing of brake fluids, radiator coolants, diesel exhaust fluid (DEF/Ad-Blue), and PU/PVC adhesives. The move will also bring Gabriel equity investments in Dana Anand, Henkel ANAND, and ANAND CY Myutec Automotive under its fold. Gabriel will issue 1,158 equity shares of ₹1 each for every 1,000 equity shares of ₹10 held in AIPL. The company said this step will transform Gabriel from a mono-product suspension business into a diversified mobility solutions provider with expanded presence across multiple automotive product categories, geographies, and aftermarket segments. The transaction is subject to regulatory and NCLT approvals and is expected to conclude within 10-12 months. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
