118.95 6.10 (5.41%)
1.2M Volume High volume+gain today
NSEJan 21, 2021 01:04 PM
The 12 reports from 4 analysts offering long term price targets for Gabriel India Ltd. have an average target of 108.75. The consensus estimate represents a downside of -8.58% from the last price of 118.95.
Summary | Date | Stock | Broker | Price at Reco. | Target | Price at reco Change since reco(%) | Upside(%) | Type | Report | Discuss |
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2020-11-25 | Gabriel India Ltd. + | Chola Wealth Direct | 106.75 | 79.00 | 106.75 (11.43%) | 33.59 | Sell | EARNINGS UPDATE- GABRIEL LTD 2QFY21
Chola Wealth Direct
Background: Gabriel India Ltd.(GIL) is the flagship company of Anand Group, offering the widest range of ride control products including shock absorbers, struts, and front forks. The Company commenced operations in 1961, with a single plant in Mulund, Mumbai and has grown manifold, currently it has nine manufacturing facilities spread across the country with strong 500 dealer network and 10,000 retail outlets. The company has strong R&D; capabilities with over 43 patents in products and...
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2020-11-23 | Gabriel India Ltd. + | Geojit BNP Paribas | 106.75 | 117.00 | 106.75 (11.43%) | Target met | Accumulate | GABRIEL INDIA LTD
Geojit BNP Paribas
During the quarter, 2W segment constitutes 70% of the revenue mix was supported by strong order back log and robust new order coming from the entry segment motorcycle. Focus on export market with a share of 20% by FY23 from current 5%....
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2020-11-13 | Gabriel India Ltd. + | Axis Direct | 103.90 | 114.00 | 103.90 (14.49%) | Target met | Hold | |||
2020-09-01 | Gabriel India Ltd. + | Chola Wealth Direct | 106.55 | 106.55 (11.64%) | EARNINGS UPDATE- GABRIEL LTD 1QFY21
Chola Wealth Direct
Background: Gabriel India Ltd.(GIL) is the flagship company of Anand Group, offering the widest range of ride control products including shock absorbers, struts, and front forks. The Company commenced operations in 1961, with a single plant in Mulund, Mumbai and has grown manifold, currently it has nine manufacturing facilities spread across the country with strong 500 dealer network and 10,000 retail outlets. The company has strong R&D; capabilities with over 43 patents in products and...
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2020-08-26 | Gabriel India Ltd. + | ICICI Securities Limited | 125.20 | 125.00 | 125.20 (-4.99%) | Target met | Hold | Gabriel India
ICICI Securities Limited
The 2-W segment is being considered for GST relief by the government, as per media reports. Currently, 2-W (along with rest of auto industry) are taxed at 28%. The industry has long called for at least a temporary rate reduction to 18% to mitigate rise in costs in the past few quarters (due to introduction of safety features like ABS/CBS, implementation of BS-VI norms, increase in registration fees & road tax by some states). Such a cut is viewed as having the potential to improve sentiment and thereby spur demand. However, our interaction with leading 2-W companies suggests that for the cut to result in...
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2020-08-13 | Gabriel India Ltd. + | Geojit BNP Paribas | 89.00 | 103.00 | 89.00 (33.65%) | Target met | Accumulate | GABRIEL INDIA LTD
Geojit BNP Paribas
The new Capex initiated for supplying Front Fork to Honda scooter & backward integration of Piston Rods has commenced operation from Q1FY21. Current order book stands at 80% on 2W. Focus on export market with a share of 20% by FY23 from current 5%....
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2020-08-10 | Gabriel India Ltd. + | ICICI Securities Limited | 86.35 | 92.00 | 86.35 (37.75%) | Target met | Hold | Gabriel India
ICICI Securities Limited
GIL is domestic market leader in automotive suspension segment (comprising products like front forks, shock absorbers, struts) commanding 25% market share in 2-W, 15% in PV and 75% in CV & Railways). The three divisions formed 67%, 20%, 12% of revenues in FY20, respectively. In months following Covid-19, domestic 2-W space has been doing relatively well, with dispatches at key OEMs ramping up in response to improving demand. Enhanced awareness around social distancing is expected to continue to benefit personal mobility vs. public transport that would benefit...
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2020-05-21 | Gabriel India Ltd. + | Axis Direct | 76.10 | 68.00 | 76.10 (56.31%) | 42.83 | Sell | |||
2020-05-20 | Gabriel India Ltd. + | ICICI Securities Limited | 76.10 | 85.00 | 76.10 (56.31%) | Target met | Buy | Gabriel India
ICICI Securities Limited
Heavy 2-W exposure to help limit topline damage Speedier aftermarket growth necessary to aid margin recovery The OEM channel has formed the lion's share of GIL's revenues over the years at ~83-85%, with replacement (aftermarket) and exports accounting for 11-13% and ~2-4%, respectively. Amid short-term supply side and longer term demand side issues for OEMs, ancillaries with a firm aftermarket channel stand to gain through (a) volume growth and (b) better pricing because of its B2C nature. GIL does command strong ~40% market share...
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2020-05-20 | Gabriel India Ltd. + | Chola Wealth Direct | 72.30 | 72.30 (64.52%) | Sell | EARNINGS UPDATE- GABRIEL LTD 4QFY20
Chola Wealth Direct
Background: Gabriel India Ltd.(GIL) is the flagship company of Anand Group, offering the widest range of ride control products including shock absorbers, struts, and front forks. The Company commenced operations in 1961, with a single plant in Mulund, Mumbai and has grown manifold, currently it has nine manufacturing facilities spread across the country with strong 500 dealer network and 10,000 retail outlets. The company has strong R&D; capabilities with over 43 patents in products and...
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2019-11-15 | Gabriel India Ltd. + | Chola Wealth Direct | 117.70 | 102.00 | 117.70 (1.06%) | Target met | Sell | EARNINGS UPDATE-GABRIEL 2QFY20
Chola Wealth Direct
Background: Gabriel India Ltd.(GIL) is the flagship company of Anand Group, offering the widest range of ride control products including shock absorbers, struts, and front forks. The Company commenced operations in 1961, with a single plant in Mulund, Mumbai and has grown manifold, currently it has nine manufacturing facilities spread across the country with strong 500 dealer network and 10,000 retail outlets. The company has strong R&D; capabilities with over 43 patents in products and process. GIL has technical collaboration with global majors such as KYB (Japan), KYBSE (Spain),...
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2019-11-14 | Gabriel India Ltd. + | Axis Direct | 115.05 | 131.00 | 115.05 (3.39%) | Target met | Hold | Result Update:Gabriel India
Axis Direct
Gabriel India reported another quarter of subdued performance as Auto industry slowdown weighed on revenue and margins; Total revenues came in at Rs 473 cr (?13% YoY & ?9% QoQ) due to sharp drop in PV segment (down 38% YoY, as compared to an industry decline of ~20% YoY)
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2019-09-30 | Gabriel India Ltd. + | ICICI Securities Limited | 106.15 | 120.00 | 106.15 (12.06%) | Target met | Hold | |||
2019-08-23 | Gabriel India Ltd. + | Axis Direct | 94.35 | 115.00 | 94.35 (26.07%) | Target met | Buy | Result Update:Gabriel India
Axis Direct
Gabriel India reported muted numbers for Q1FY20 due to across the board slowdown in Auto industry; Total revenues came in at Rs 517 cr (?0.5% YoY & ?1.3% QoQ), EBIDTA came in at Rs 43 cr (?15% annually & ?16% QoQ) with EBIDTA margin at 8.3%
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2019-06-07 | Gabriel India Ltd. + | Chola Wealth Direct | 130.00 | 135.00 | 130.00 (-8.50%) | Target met | Buy | EARNINGS UPDATE- GABRIEL 4QFY19
Chola Wealth Direct
Sector: Auto-ancillary /Mid-Cap | Earnings Update 4QFY19 Background: Gabriel India Ltd.(GIL) is the flagship company of Anand Group, offering the widest range of ride control products including shock absorbers, struts, and front forks. The Company commenced operations in 1961, with a single plant in Mulund, Mumbai and has grown manifold, currently it has nine manufacturing facilities spread across the country with strong 500 dealer network and 10,000 retail outlets. The company has strong R&D; capabilities with over 43 patents in products and process. GIL has technical collaboration with global majors such as KYB (Japan), KYBSE...
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2019-05-22 | Gabriel India Ltd. + | Geojit BNP Paribas | 133.70 | 126.00 | 133.70 (-11.03%) | Target met | Sell | GABRIEL INDIA LTD
Geojit BNP Paribas
EBITDA margin contracted by 260bps due to higher material cost, lower product mix and Rupee depreciation. Despite getting new orders from Royal Enfied Classic and Honda for supplying of Front fork, lower sales in the passenger vehicle segment is deteriorating the product mix. The new Capex initiated for supplying Front Fork to Honda Motorcycle & Scooter ltd (HMSI) and backward integration of Piston Rods is expected to commence operation from Q4FY20....
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2019-05-21 | Gabriel India Ltd. + | Axis Direct | 136.35 | 147.00 | 136.35 (-12.76%) | Hold | Result Update:Gabriel India
Axis Direct
Gabriel India reported muted set of results for Q4FY19; it reported Total revenues of Rs 510 cr (?3% YoY & flat QoQ)), the EBIDTA of Rs 37 cr (?24% annually & ?19% QoQ) with EBIDTA margin at 7.2% (contraction of 257 bps on annual comparison).
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2019-05-17 | Gabriel India Ltd. + | Sharekhan | 136.35 | 145.00 | 136.35 (-12.76%) | Hold | Gabriel India
Sharekhan
Results miss estimates marred by higher raw material costs: Gabriel India Limited (Gabriel) results were below ours as well as the street estimates. The revenue growth moderated sharply to 3% y-o-y (revenues were in line with estimates) due to a weak demand from OEM's, especially the 2wheeler segment and market share loss in the PV space. Operating margins...
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2019-02-28 | Gabriel India Ltd. + | Geojit BNP Paribas | 144.55 | 155.00 | 144.55 (-17.71%) | Target met | Hold | GABRIEL INDIA LTD
Geojit BNP Paribas
Gabriel India Ltd (GIL) is one of the leading manufacturers of ride control products viz Shock Absorbers, Front Forks in automotive segments, with a market share of 25 %( 2W, PV) & 75 %( CV). Q3FY19 revenue grew by 14% on the back of strong orders from two wheeler manufacturers (19%YoY) and higher export share. However share from the PV segment declined by 9%YoY. EBITDA margin contracted by 60bps owing to change in product mix and elevated RM cost (+190bps)....
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2018-11-19 | Gabriel India Ltd. + | Axis Direct | 136.40 | 165.00 | 136.40 (-12.79%) | Buy | Result Update:Gabriel India
Axis Direct
Gabriel India continued with its stellar set of performance; it reported Total revenues of Rs 544 cr (?15% YoY & ?5%QoQ)), the EBIDTA of Rs 54 cr (?14% annually & ?5% QoQ) with EBIDTA margin at 9.9% (flat on annual comparison).
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