Interim report
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Date: October 30, 2026 BSE Limited 25th Floor, P. J. Towers, Dalal Street, MUMBAI - 400 001 (Company Code: 505714) National Stock Exchange of India Limited Exchange Plaza, Sandra Kurla Complex, Bandra (E), MUMBAI - 400 051 (Company Code: GABRIEL) Sub: Outcome of Board Meeting Ref: Regulation 30, 33 and 52 of (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sirs, Please note that a meeting of the Board of Directors of the Company was held on Friday, October 30, 2026, at 03.25 PM and was concluded at 05:45 PM. In terms of SEBI Listing Regulations, we would like to inform you that in the said meeting the Board of Directors of the Company considered and approved, inter- alia the below matters: 1. The standalone and consolidated unaudited financial results along with the statement of assets and liabilities and cash flow statement for the quarter and half year ended September 30, 2026. In this regard, following are enclosed: a) The standalone and c onsolidated unaudited financial results along with the limited review report for the quarter and half -year ended September 30, 2026, as required under Regulations 33 and 52 of the SEBI Listing Regulations; b) Disclosures in accordance with Regulation 52(4) of the SEBI Listing Regulations; c) Statement of Utilization of Issue Proceeds & Statement of Deviation and Variation in use of Issue Proceeds of Non-Convertible Debt Securities during the quarter ended September 30, 2026, pursuant to Regulations 52(7) & 52(7A) of the Listing Regulations; 2. An Interim Dividend of Rs. 2.15 per share having face value of Re. 1 each. 3. The record date for the payment of interim dividend to be Friday, November 06, 2026. Dividend shall be paid to the shareholders on or before Saturday, November 28, 2026. The disclosure of Related Party Transactions pursuant to the provisions of Regulations 23 (9) of the Listing Regulations is being filed as a part of Integrated Filing (Financial) with BSE and NSE through XBRL Mode.
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We request you to take the above information on record and kindly acknowledge receipt. Thanking you, Yours faithfully, For Gabriel India Limited Mohit Srivastava Chief Financial Officer Email Id: secretarial@gabriel.co.in Encl: as above
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GABRIEL INDIA LIMITED Registered office 29th Milestone, Pune-Nashik Highway, Vill.Kuruli, Tal.Khed Pune 410 501 CIN-L34101PN1961PLC015735 (Amount in Rs. Million) Year ended 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 (Unaudited) (Unaudited) (Unaudited) (Refer note 1 below) (Unaudited) (Unaudited) (Refer note 1 below) (Audited) (Refer note 1 below) Income I Revenue from operations 13,991.79 12,742.47 11,402.74 26,734.26 22,119.55 45,773.41 II Other income 84.31 186.79 97.15 271.09 168.30 518.16 III Total Income (I+II) 14,076.10 12,929.26 11,499.89 27,005.35 22,287.85 46,291.57 IV Expenses Cost of materials consumed 10,582.06 9,487.25 8,413.13 20,069.31 16,247.78 33,643.00 Purchases of stock-in-trade 111.16 115.30 90.31 226.46 159.79 373.60 Changes in inventories of finished goods, work-in-progress and stock-in-trade (60.07) (5.08) (32.84) (65.17) (23.23) 88.21 Employee benefits expense 777.37 748.30 753.26 1,525.68 1,451.40 2,819.20 Depreciation and amortisation expense 237.00 231.41 224.61 468.41 449.89 905.07 Other expenses 1,432.18 1,324.70 1,176.03 2,756.88 2,313.88 4,758.74 Finance costs 110.59 29.14 50.72 139.73 81.47 151.96 Total expenses 13,190.29 11,931.02 10,675.22 25,121.30 20,680.98 42,739.78 V Profit before tax and exceptional item (III-IV) 885.81 998.24 824.67 1,884.05 1,606.87 3,551.79 VI Exceptional item (Refer note 5 below) - - - - - 133.46 VII Profit before tax (V - VI) 885.81 998.24 824.67 1,884.05 1,606.87 3,418.33 Current tax 229.48 226.69 210.12 456.17 415.59 772.71 Tax expense charge / (credit) relating to prior years - - 0.70 - (22.36) 5.98 Deferred tax (27.52) 11.87 1.29 (15.65) 4.93 54.42 VIII Total tax expense 201.96 238.56 212.11 440.52 398.16 833.11 IX Net Profit after tax (VII - VIII) 683.85 759.68 612.56 1,443.53 1,208.71 2,585.22 X Other comprehensive income Items that will not be reclassified to profit or loss Remeasurement of post-employment benefit obligations (5.00) (5.00) (4.00) (10.00) (8.41) (21.91) Income tax relating to above 1.26 1.26 1.52 2.52 2.10 5.51 Items that may be reclassified to profit or loss - - - - - - Other comprehensive income for the period/year, net of tax (3.74) (3.74) (2.48) (7.48) (6.31) (16.40) XI Total comprehensive income for the period/year net of tax (IX + X) 680.11 755.94 610.08 1,436.05 1,202.40 2,568.82 Paid up Equity share capital (Face value Rs. 1/-each) 191.63 177.23 143.64 191.63 143.64 143.64 Reserves and surplus 14,343.42 XII Earnings per Equity share (nominal value of Rs. 1/- each, not annualized) (refer note 1 below) Basic and Diluted (Rs.) 3.79 4.29 3.46 8.07 6.82 14.59 Notes: 1 Impact of restatement on earning per share (EPS) for comparative period/year: Quarter endedHalf year ended Year ended 30.09.2025 30.09.2025 31.03.2026 4.22 8.10 14.75 3.46 6.82 14.59 2 3 4 5 6 7 On July 21, 2026, the Board of Directors of the Company approved acquisition of 28.99% equity stake on HL Mando Anand India Private Limited equivalent to 48,134,427 equity shares from Asia Investments Private Limited (Promoter and holding company of the Company), for a composite consideration of Rs.22,310 millions which was approved by the shareholder on August 19, 2026. The Consideration was discharged by issue of 1,44,04,204 equity shares at aggregating to Rs. 18,810 million to the Promoter on preferential basis and balance Rs. 3,500 millions was paid in cash. The preferential allotment of securities was done on September 11, 2026 which was considered as the date of acquisition by the management. The Company has accounted the acquisition at fair value in accordance with IND AS 28 "Investments in Associates and Joint Ventures". On July 21, 2026, the Board of Directors of the Company had accorded its approval for execution of Share Purchase Agreement and Joint Venture Agreements ('Agreements') with HL Klemove Corporation and HL Klemove India Private Limited ('the "Target Company'), purchasing 37,844,999 equity shares of the Target Company at a consideration of USD 98.44 million. The Company has acquired the shares on August 25, 2026 and has been considered as date of acquisition. The Company has accounted the acquisition at fair value in accordance with IND AS 28 "Investments in Associates and Joint Ventures". Particulars These standalone financial results have been prepared in accordance with the Indian Accounting Standard (Ind AS) as prescribed under Section 133 of the Companies Act, 2013, read with Rule 3 of the Companies (Indian Accounting Standards) Rule, 2015 and relevant amendment thereunder. The above standalone results have been reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on October 30, 2026. - After accounting for Scheme As the Company's business activity falls within a single operating segment viz. "auto components and parts", no segment information is required to be disclosed. Exceptional item relates to the obligations for the employees past service created pursuant to the implementation of the four labour codes with effect from November 21, 2025. STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 S.No. The Board of Directors, at its meeting held on June 30, 2025, approved a Composite Scheme of Arrangement (the "Scheme") involving the merger of Anchemco India Private Limited (a fellow subsidiary) with Asia Investments Private Limited (the Immediate Holding Company) on a going concern basis with effect from the Appointed Date of April 1, 2025, and the subsequent demerger and transfer of the Automotive Undertaking (as defined in the Scheme) of Asia Investments Private Limited to the Company with effect from the Appointed Date of April 1, 2026. The Scheme was approved by the National Company Law Tribunal (NCLT) vide its order dated May 11, 2026. Accordingly, during the half year ended September 30, 2026, the Company has given effect to the Scheme using the pooling of interest method, applied retrospectively for all periods and year ended March 31, 2026, presented in the standalone financial results, as prescribed under Ind AS 103 – "Business Combinations", and the figures for the previous periods have been restated accordingly. The restated results for the quarter ended September 30, 2025, half year ended September 30, 2025 and the quarter ended March 31, 2026, have, to the extent of the Automotive Undertaking included therein, neither been subjected to limited review and such figures have been furnished by the management of the Company, which has exercised necessary due diligence to ensure that these financial results present a true and fair view of the Company's affairs. Earnings per share - Before accounting for Scheme Particulars Quarter ended Half Year Ended
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GABRIEL INDIA LIMITED Registered office 29th Milestone, Pune-Nashik Highway, Vill.Kuruli, Tal.Khed Pune 410 501 CIN-L34101PN1961PLC015735 STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 8 9 10 Principal Interest Next principal installment date Principal amount (Rs. In MINR) Interest date Interest amount (Rs. In MINR) 8.15% unsecured, listed, non-convertible debentures (NCDs) NA NA 10-Sep-29 10,000.00 10-Sep-27 815.00 11 Year ended 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 Debt equity ratio [{Total borrowings (including lease liabilities) (-) cash and cash equivalents (including unencumbered other bank balances) and current investments} / total equity] 0.27 (0.07) (0.53) 0.27 (0.53) (0.10) Debt Service coverage ratio (not annualised) [[Profit before interest, depreciation, amortisation and after tax and exceptional items / (finance cost + principal long term loan repayment] 1.35 12.42 24.15 2.42 2.55 5.84 Interest service coverage ratio (not annualised) (Profit before interest, depreciation, amortisation and after tax and exceptional items / finance cost) 11.15 43.20 29.92 13.48 26.25 7.24 Current ratio [current assets / current liabilities] 1.78 1.89 1.73 1.78 1.73 1.76 Long term debt to working capital [Long term debt (Borrowings) / working capital] 1.65 0.10 0.07 1.65 0.07 0.08 Bad debt to accounts receivable ratio [(Bad debts + provision for doubtful debts) / trade receivables] 0.00 0.00 0.00 0.00 0.00 0.00 Current liability ratio [Current liabilities / total liabilities] 0.38 0.84 0.96 0.38 0.96 0.86 Total debt to total assets [Total debts (including lease liabilities)/ total assets] 0.20 0.04 0.04 0.20 0.04 0.06 Trade receivables turnover ratio [Annualised revenue from operations / closing current trade receivables] 6.42 6.48 6.68 6.14 6.49 6.61 Inventory turnover ratio [Annualised cost of goods sold / closing inventory] 11.71 10.63 10.22 11.14 9.89 10.32 Operating margin (%) [Profit before interest and tax and after exceptional items / revenue from operations] 7.12% 8.06% 7.68% 7.57% 7.62% 7.80% Net Profit Margin (%) [Net profit after tax and exceptional items / revenue from operations] 4.89% 5.96% 5.49% 5.40% 5.46% 5.65% For and on behalf of the Board Atul Jaggi Place: Osaka Managing Director (Ride Control) Date: October 30, 2026 DIN: 07263848 The Board of Directors of the Company, at its meeting held on October 06, 2026, approved entering into a Joint Venture Agreement between Faurecia Automotive Seating India Private Limited (“FASI”) and the Company for the formation of a joint venture company (“JV Co.”) with an initial investment of Rs. 200.00 million. The JV Co. was incorporated on October 19, 2026 under the name Faurecia Anand Seating India Private Limited. FASI and the Company will hold 50% plus one equity share and 50% less one equity share, respectively. The Board of Directors in their meeting held on October 30, 2026 declared an interim dividend of Rs. 2.15 per share for the period ended September 30, 2026. The record date for the same is November 06, 2026, in accordance with the Ind AS 10 ‘Event after reporting date’ as notified by the Ministry of Corporate Affairs through amendment to Companies (Accounting Standards) Amendment Rules, 2016 dated March 30, 2016, the Company has not accounted for interim dividend as a liability as at September 30, 2026. The disclosure required as per the provisions of Regulation 52(4) and 54(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is given below: Quarter ended Half Year EndedRatios During the quarter, the Company raised funds through the issuance of unsecured, listed, non-convertible debentures (NCDs) on a private placement basis, aggregating up to Rs.10,000 million. The NCDs have a face value of ₹1,00,000 each and carry a fixed coupon rate of 8.15% per annum. Details are as below- Previous Due Date Next due dateParticulars Atul Jaggi Digitally signed by Atul Jaggi Date: 2026.10.30 20:22:14 +05'30'
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GABRIEL INDIA LIMITED Registered office 29th Milestone, Pune-Nashik Highway, Vill.Kuruli, Tal.Khed Pune 410 501 CIN-L34101PN1961PLC015735 As at As at 30.09.2026 31.03.2026 (Unaudited) (Audited- refer Note 1) 5,532.51 5,508.39 797.96 842.70 501.88 304.48 68.08 68.95 1,189.27 1,220.98 648.02 545.35 32,732.44 971.20 16.62 17.23 85.73 75.00 5.28 33.64 194.20 209.88 41,771.99 9,797.80 Current assets (a) Inventories 3,632.15 3,304.20 (b) Financial assets i) Investments 1,282.99 1,039.36 ii) Trade receivables 8,715.20 6,928.81 iii) Cash and cash equivalents 974.90 801.43 iv) Bank Balances other than iii) above 19.85 891.10 v) Loans 4.00 5.40 vi) Other financial assets 336.13 466.36 (c) Other current assets 540.24 511.85 15,505.46 13,948.51 Total Assets 57,277.45 23,746.31 B. EQUITY AND LIABILITIES (a) Equity share capital 191.63 143.64 (b) Other equity 34,025.96 14,376.99 34,217.59 14,520.63 Non-current liabilities (a) Financial liabilities i) Borrowings 11,217.35 490.40 280.10 294.68 iii) Other Financial Liabilities 2,312.02 - (b) Provisions 315.59 257.95 (c) Deferred tax liabilities (net) 189.30 207.46 (d) Other non-current liabilities 24.56 32.44 14,338.92 1,282.93 Current liabilities (a) Financial Liabilities - 443.53 73.44 97.65 iii) Trade payables Total Outstanding dues of micro enterprises and small enterprises 859.41 800.77 6,743.12 5,653.77 iv) Other financial liabilities 474.49 383.11 (b) Provisions 259.88 296.06 (c) Current tax liabilities 48.07 - (d) Other current liabilities 262.53 267.86 8,720.94 7,942.75 Total Equity and Liabilities 57,277.45 23,746.31 Atul Jaggi Place: Osaka Managing Director (Ride Control) Date: October 30, 2026 DIN 07263848 STANDALONE STATEMENT OF ASSETS AND LIABILITIES AS AT SEPTEMBER 30, 2026 (Amount in Rs. Million) For and on behalf of the Board ii) Lease liabilities ii) Lease liabilities i) Borrowings (f) Intangible assets under development A. ASSETS Non-current assets Equity (a) Property, plant and equipment Particulars Total outstanding dues of creditors other than micro enterprises and small enterprises (d) Investment properties (e) Intangible assets (b) Right-of-use assets (c) Capital work-in-progress (i) Other non-current assets (g) Financial assets i) Investments ii) Loans iii) Other financial assets (h) Income tax assets (net) Atul Jaggi Digitally signed by Atul Jaggi Date: 2026.10.30 20:22:37 +05'30'
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GABRIEL INDIA LIMITED Registered office 29th Milestone Pune-Nashik Highway Vill.Kuruli, Tal.Khed Pune 410 501 CIN-L34101PN1961PLC015735 (Amount in Rs. Million) Particulars For the half year ended September 30, 2026 For the half year ended September 30, 2025 (refer Note 1) A. Cash flow from operating activities: Profit before tax 1,884.05 1,606.88 Adjustments for: Depreciation and amortisation expense 468.41 449.88 Loss/ (gain) on disposal of property, plant and equipment (11.59) (15.90) Finance costs 139.73 81.47 Rental income (2.48) (1.73) Gain on derivatives (22.42) - Interest income on Fixed deposit with banks and financial asset (24.50) (81.11) Dividend income from related party (135.00) - Gain on investments (39.90) (16.95) Gain on termination of Lease - (0.76) Bad debts written off - 0.15 Provision for doubtful trade and other receivable 30.00 0.49 Net exchange differences (5.72) 8.87 Operating profit before working capital changes 2,280.59 2,031.29 Changes in operating assets and liabilities: (Increase)/ Decrease in other non-current financial assets (10.73) (29.22) (Increase)/ Decrease in other non-current assets 6.14 (13.96) (Increase)/ Decrease in Inventories (327.95) (322.73) (Increase)/ Decrease in Trade receivables (1,820.31) (1,011.26) (Increase)/ Decrease in other current financial assets (121.09) 4.30 (Increase)/ Decrease in other current assets (28.40) 11.84 Increase/ (Decrease) in non current provisions 57.65 38.10 Increase/ (Decrease) in trade payables 1,157.65 1,088.72 Increase/ (Decrease) in other current financial liabilities 25.82 (20.79) Increase/ (Decrease) in other current liabilities (5.33) (22.67) Increase/ (Decrease) in other non- current liabilities (7.88) - Increase/ (Decrease) in current provisions (46.18) (11.62) Cash generated from operations 1,159.98 1,742.00 Income taxes paid (net) (379.74) (379.17) Net cash inflow from Operating activities (A) 780.24 1,362.83 STANDALONE STATEMENT OF CASH FLOWS FOR THE HALF YEAR ENDED SEPTEMBER 30, 2026
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GABRIEL INDIA LIMITED Registered office 29th Milestone Pune-Nashik Highway Vill.Kuruli, Tal.Khed Pune 410 501 CIN-L34101PN1961PLC015735 (Amount in Rs. Million) Particulars For the half year ended September 30, 2026 For the half year ended September 30, 2025 (refer Note 1) STANDALONE STATEMENT OF CASH FLOWS FOR THE HALF YEAR ENDED SEPTEMBER 30, 2026 B. Cash flow from investing activities Payment for intangible assets including intangible asset under development (118.16) (87.25) Payment for property, plant and equipment including capital work-in-progress (567.76) (787.68) Proceeds from sale of property, plant and equipment 18.39 25.29 Loans to employees (3.72) (12.42) Repayment of loans by subsidiary - 177.77 Consideration paid for business acquisition - (453.00) Repayment of loans by employees 5.73 12.19 Payment for investment in fixed deposits - (166.47) Proceeds from maturity of fixed deposits 1,123.97 422.54 Interest received 33.74 84.54 Dividend received 135.00 - Rent received 2.48 1.73 Payment for purchase of investments (10,616.07) - Proceeds/(Purchase) from sale of mutual funds (203.74) 385.13 Net cash outflow from investing activities (B) (10,190.14) (397.63) C. Cash flow from financing activities Payment of lease liabilities (principal) (60.75) (45.85) Proceeds from long term borrowings 11,217.35 450.00 Repayment of borrowings (933.93) (602.05) Interest paid (89.60) (70.47) Dividend paid (549.70) (421.25) Net cash outflow from financing activities (C) 9,583.37 (689.62) Net (Decrease) /Increase in Cash & Cash Equivalents (A+B+C) 173.47 275.58 Cash and cash equivalents as at the beginning of the year 801.43 820.20 Cash and cash equivalents as at the end of the year 974.90 1,095.78 Cash and cash equivalents consists of: With Scheduled Banks In Current Accounts 974.90 1,095.78 Fixed deposit maturing within 3 months Balances as per statement of cash flows 974.90 1,095.78 Non cash financing and investing activities Acquisition of right-of-use assets 9.54 236.51 Acquisition of investment in associate 21,122.02 - Notes: 2. Figures in brackets indicate cash outflow. Atul Jaggi Place: Osaka Managing Director (Ride Control) Date: October 30, 2026 DIN No. 07263848 For and on behalf of the Board 1. The above standalone statement of cash flows has been prepared under indirect method in accordance with the Indian Accounting Standard (Ind AS) 7 on "Statement of Cash Flows". Atul Jaggi Digitally signed by Atul Jaggi Date: 2026.10.30 20:22:57 +05'30'
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Vivian Ravi Pillai Digitally signed by Vivian Ravi Pillai Date: 2026.10.30 20:34:50 +05'30'
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GABRIEL INDIA LIMITED Registered office 29th Milestone Pune- Nashik Highway Vill-Kuruli, Tal Khed Pune-410501 CIN-L34101PN1961PLC015735 (Amount in Rs. Million) Year ended 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 (Unaudited) (Unaudited) (Unaudited) (Refer note 1 below) (Unaudited) (Unaudited) (Refer note 1 below) (Audited) (Refer note 1 below) Income I Revenue from operations 16,079.96 14,256.83 13,083.24 30,336.79 25,426.82 52,451.94 II Other income 66.07 46.29 69.10 112.36 113.73 286.23 III Total Income (I+II) 16,146.03 14,303.12 13,152.34 30,449.15 25,540.55 52,738.17 IV Expenses Cost of materials consumed 12,043.73 10,528.48 9,521.41 22,572.21 18,458.79 38,107.69 Purchases of stock-in-trade 119.95 115.30 90.31 235.25 159.79 360.81 Changes in inventories of finished goods, work-in-progress and stock-in- trade (110.22) (49.02) (22.69) (159.24) (37.26) 51.28 Employee benefits expense 891.53 856.21 872.46 1,747.74 1,687.74 3,250.22 Depreciation and amortisation expense 328.84 323.02 309.50 651.86 616.05 1,235.79 Other expenses 1,726.23 1,564.20 1,363.25 3,290.43 2,716.96 5,660.89 Finance costs 147.28 59.76 62.80 207.04 112.59 263.51 Total expenses 15,147.34 13,397.94 12,197.05 28,545.29 23,714.66 48,930.19 V Profit before share of profit in equity accounted investees, exceptional items and tax (III-IV) 998.69 905.17 955.29 1,903.86 1,825.89 3,807.98 VI Share of profit in equity accounted investees (net) 483.00 427.43 345.99 910.43 733.19 1,576.33 VII Profit before exceptional items and tax (V+VI) 1,481.69 1,332.60 1,301.28 2,814.29 2,559.08 5,384.31 VIII Exceptional items (refer note 5) - - - - - 152.50 IX Profit before tax (VII-VIII) 1,481.69 1,332.60 1,301.28 2,814.29 2,559.08 5,231.81 X Tax expense Current tax 261.89 238.97 228.40 500.86 444.29 865.45 Tax expense charge / (credit) relating to prior years (0.50) 0.50 0.69 - (22.36) (11.00) Deferred tax (19.39) 11.87 1.67 (7.52) 12.07 56.00 Total tax expense 242.00 251.34 230.76 493.34 434.00 910.45 XI Net Profit after tax (IX-X) 1,239.69 1,081.26 1,070.52 2,320.95 2,125.09 4,321.36 Attributable to : (a) Shareholders of the company 1,231.12 1,073.51 1,067.13 2,304.64 2,119.71 4,305.73 (b) Non-controlling Interest 8.57 7.75 3.41 16.31 5.38 15.63 XII Other comprehensive income Items that will not be reclassified to profit or loss Remeasurement of post-employment benefit obligations (5.16) (5.34) (2.82) (10.50) (5.75) (14.94) Income tax relating to the above. 1.30 1.34 0.70 2.64 1.43 3.87 Items that may be reclassified to profit or loss Exchange differences on translating the financial statement of Foreign operation (net) (0.72) 0.04 (0.12) (0.68) (0.47) (0.80) Income tax relating to the above. - - - - - - Other comprehensive income for the period/year, net of tax (4.58) (3.96) (2.24) (8.54) (4.80) (11.87) Attributable to : (a) Shareholders of the company (4.55) (3.90) (2.24) (8.45) (4.80) (12.89) (b) Non-controlling Interest (0.03) (0.06) - (0.09) - 1.02 XIII Total comprehensive income for the period/year net of tax (XI+XII) 1,235.11 1,077.30 1,068.28 2,312.41 2,120.29 4,309.49 Attributable to : (a) Shareholders of the company 1,226.56 1,069.62 1,064.90 2,296.19 2,114.91 4,292.84 (b) Non-controlling Interest 8.55 7.68 3.41 16.22 5.38 16.65 Paid up equity share capital (Face value Re. 1/-each) 191.63 177.23 143.64 191.63 143.64 143.64 Reserves and Surplus 19,354.89 XIV Earnings per equity share (nominal value of Re. 1/- each, not annualized) (refer note 1 below) Basic and Diluted (Rs.) 6.80 6.04 6.01 12.84 11.93 24.22 Notes: 1 Impact of restatement on earning per share (EPS) for comparative period/year: Quarter ended Year-to-date Year ended 30.09.2025 30.09.2025 31.03.2026 Earnings per share - Before accounting for Scheme 4.81 9.12 17.55 - After accounting for Scheme 6.01 11.93 24.22 2 3 4 5 Principal Interest Next principal installment date Principal amount (In Rs. MINR) Interest date Interest (In Rs. MINR) 8.15% unsecured, listed, non-convertible debentures (NCDs) NA NA September 10, 2029 10,000.00 September 10, 2027 815.00 7 8 9 10 For and on behalf of the Board Mahendra K Goyal Place: Delhi Group CEO and Managing Director Date: October 30, 2026 DIN: 02605616 STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 Particulars Particulars Half year endedQuarter ended The Board of Directors, at its meeting held on June 30, 2025, approved a Composite Scheme of Arrangement (the "Scheme") involving the merger of Anchemco India Private Limited (a fellow subsidiary) with Asia Investments Private Limited (the Immediate Holding Company) on a going concern basis with effect from the Appointed Date of April 1, 2025, and the subsequent demerger and transfer of the Automotive Undertaking (as defined in the Scheme) of Asia Investments Private Limited to the Company with effect from the Appointed Date of April 1, 2026. The Scheme was approved by the National Company Law Tribunal (NCLT) vide its order dated May 11, 2026. Accordingly, during the half year ended September 30, 2026, the Company has given effect to the Scheme using the pooling of interest method, applied retrospectively for all periods and year ended March 31, 2026, presented in the consolidated financial results, as prescribed under Ind AS 103 – "Business Combinations", and the figures for the previous periods have been restated accordingly. The restated results for the quarter ended September 30, 2025 and year-to-date ended September 30, 2025, have, to the extent of the Automotive Undertaking included therein, neither been subjected to limited review and such figures have been furnished by the management of the Company, which has exercised necessary due diligence to ensure that these financial results present a true and fair view of the Group's affairs. S.No. The Board of Directors in their meeting held on October 30, 2026 declared an interim dividend of Rs. 2.15 per share for the period ended September 30, 2026. The record date for the same is November 06, 2026, in accordance with the Ind AS 10 ‘Event after reporting date’ as notified by the Ministry of Corporate Affairs through amendment to Companies (Accounting Standards) Amendment Rules, 2016 dated March 30, 2016, the Company has not accounted for interim dividend as a liability as at September 30, 2026. These consolidated financial results have been prepared in accordance with the Indian Accounting Standard (Ind AS) as prescribed under Section 133 of the Companies Act, 2013, read with Rule 3 of the Companies (Indian Accounting Standards) Rule, 2015 and relevant amendments thereunder. The above consolidated financial results have been reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on October 30, 2026. As the Company's business activity falls within a single operating segment viz. "auto components and parts", no segment information is required to be disclosed. On July 21, 2026, the Board of Directors of the Company approved acquisition of 28.99% equity stake on HL Mando Anand India Private Limited equivalent to 48,134,427 equity shares from Asia Investments Private Limited (Promoter and holding company of the Company), for a composite consideration of Rs.22,310 millions which was approved by the shareholder on August 19, 2026. The Consideration was discharged by issue of 1,44,04,204 equity shares at aggregating to Rs. 18,810 million to the Promoter on preferential basis and balance Rs. 3,500 millions was paid in cash. The preferential allotment of securities was done on September 11, 2026 which was considered as the date of acquisition by the management. The Company has accounted the acquisition by applying analogy of Appendix C of IND AS 103 "Business Combination". Exceptional item relates to the obligations for the employees past service created pursuant to the implementation of the four labour codes with effect from November 21, 2025. On July 21, 2026, the Board of Directors of the Company had accorded its approval for execution of Share Purchase Agreement and Joint Venture Agreements ('Agreements') with HL Klemove Corporation and HL Klemove India Private Limited ('the "Target Company'), purchasing 37,844,999 equity shares of the Target Company at a consideration of USD 98.44 million. The Company has acquired the shares on August 25, 2026 and has accounted for the acquisition on provisional basis. The management is in the process of identifying and determining the fair values of tangible and intangible assets in accordance with IND AS 28 "Investments in Associates and Joint Ventures". The Company raised funds through the issuance of unsecured, listed, non-convertible debentures (NCDs) on a private placement basis, aggregating up to Rs. 10,000 millions. The NCDs have a face value of Rs. 1,00,000 each and carry a fixed coupon rate of 8.15% per annum. Details are as below- 6 Previous due dates Upcoming Due datesParticulars The Board of Directors of the Company, at its meeting held on October 06, 2026, approved entering into a Joint Venture Agreement between Faurecia Automotive Seating India Private Limited (“FASI”) and the Company for the formation of a joint venture company (“JV Co.”) with an initial investment of Rs. 200.00 million. The JV Co. was incorporated on October 19, 2026 under the name Faurecia Anand Seating India Private Limited. FASI and the Company will hold 50% plus one equity share and 50% less one equity share, respectively. Mahendra Kumar Goyal Digitally signed by Mahendra Kumar Goyal Date: 2026.10.30 20:22:03 +05'30'
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GABRIEL INDIA LIMITED Registered office 29th Milestone Pune- Nashik Highway Vill-Kuruli, Tal Khed Pune-410501 CIN-L34101PN1961PLC015735 (Amount in Rs. Million) As at As at 30.09.2026 31.03.2026 (Unaudited) (Audited) (Refer note 1) A. ASSETS Non-current assets (a) Property, plant and equipment 7,205.38 7,272.99 (b) Right-of-use assets 1,264.82 1,222.17 (c) Capital work-in-progress 929.65 397.34 (d) Investment properties 68.08 68.95 (e) Intangible assets 1,306.57 1,354.16 752.38 624.17 (g) Investment accounted for using equity method 19,654.06 4,090.49 (h) Financial assets - i) Investments 21.04 21.06 ii) Loans 16.62 17.23 iii) Other financial assets 124.35 109.87 (i) Income tax assets (net) 5.87 35.51 (j) Deferred tax asset (net) 37.25 42.98 (l) Other non-current assets 355.93 346.03 31,742.00 15,602.94 Current assets (a) Inventories 5,138.19 4,761.13 (b) Financial assets i) Investments 1,282.99 1,039.36 ii) Trade receivables 9,793.22 7,944.30 iii) Cash and cash equivalents 1,419.52 1,137.99 iv) Bank Balances other than iii) above 21.07 892.32 v) Loans 4.00 5.54 vi) Other financial assets 344.26 494.59 (c) Other current assets 652.84 583.25 18,656.09 16,858.49 50,398.09 32,461.43 B. EQUITY AND LIABILITIES Equity (a) Equity Share capital 191.63 143.64 (b) Other Equity 22,399.44 18,943.80 22,591.07 19,087.44 439.62 411.09 Share pending allotment - 33.59 23,030.69 19,532.12 Non-Current Liabilities (a) Financial liabilities i) Borrowings 11,875.57 1,073.89 762.82 684.46 iii) Other Financial Liabilities 2,312.02 32.44 (b) Other non-current liabilities 35.76 - (c) Provisions 348.19 297.96 (d) Deferred tax liabilities (net) 189.30 207.46 15,523.66 2,296.21 Current liabilities (a) Financial liabilities i) Short term borrowings 817.22 976.43 147.98 164.72 iii) Trade payables Total Outstanding dues of micro enterprises and small enterprises 918.01 892.10 8,545.97 7,341.89 iv) Other financial liabilities 591.25 490.22 (b) Provisions 428.66 306.96 (c) Current tax liabilities 54.14 431.21 (d) Other current liabilities 340.51 29.56 11,843.74 10,633.09 50,398.09 32,461.43 For and on behalf of the Board Mahendra K Goyal Place: Delhi Group CEO and Managing Director Date: October 30, 2026 DIN: 02605616 Total Equity and Liabilities Total equity Total Assets Total Current Liabilities STATEMENT OF CONSOLIDATED ASSETS AND LIABILITIES AS AT SEPTEMBER 30, 2026 Particulars Total Outstanding dues of creditors other than micro enterprises and small ii) Lease liabilities ii) Lease liabilities (f) Intangible assets under development Equity attributable to equity holders of the parent Non Controlling Interest Total current assets Total Non-current assets Total Non-Current Liabilities Mahendra Kumar Goyal Digitally signed by Mahendra Kumar Goyal Date: 2026.10.30 20:22:22 +05'30'
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Registered office 29th Milestone, Pune-Nashik Highway, Vill.Kuruli, Tal.Khed Pune 410 501 CIN-L34101PN1961PLC015735 (Amount in Rs Million) For the half year ended September 30, 2026 For the half year ended September 30, 2025 (Unaudited) (Unaudited) (Refer note 1) A. 2,814.30 2,559.08 651.86 616.05 (11.55) (15.80) 207.04 112.59 (2.48) (1.73) (29.31) (59.64) (39.90) (16.95) Share of profits of equity-method investees (910.43) (733.19) 30.00 0.52 Provision for contingencies - 38.01 Bad debt written off - 0.15 (28.14) 8.88 2,681.39 2,507.97 (135.22) (7.82) 1.76 26.97 (377.06) (348.32) (1,909.67) (935.89) 0.12 (0.14) 28.82 (7.44) 1,226.21 1,027.07 17.93 (27.67) 20.04 (67.81) 1,554.33 2,166.94 (435.94) (423.44) 1,118.39 1,743.50 B. (147.89) (112.60) (935.23) (1,141.05) 18.39 25.28 Investment in associate (10,602.24) - 2.01 - Payment for investment in fixed deposits - (166.60) 1,123.97 422.54 Interest received 37.75 60.57 2.48 1.73 Consideration paid to acquire business - (453.00) (203.74) 385.13 (10,704.48) (978.00) Rental income GABRIEL INDIA LIMITED STATEMENT OF CONSOLIDATED CASH FLOWS FOR HALF YEAR ENDED SEPTEMBER 30, 2026 Particulars Cash flow from operating activities: Profit before tax Adjustments for: Depreciation and amortisation expense (Gain)/ Loss on disposal of property, plant and equipment Finance costs Increase in Trade receivables Interest income on fixed deposits with banks and financial assets Gain on sale of investments Provision for doubtful trade and other receivables Net exchange differences Operating profit before working capital changes Changes in operating assets and liabilities: Decrease in other non-current financial assets Decrease in other non-current assets Increase in Inventories Cash flow from investing activities Increase / Decrease in Loans Increase in non current provisions Increase in trade payables Increase/ (Decrease) in other current financial liabilities (Decrease)/ Increase in other current liabilities Cash generated from operations Income taxes paid (net) Net cash inflow from Operating activities (A) Payment for intangible assets including intangible assets under development Payment for property, plant and equipment including capital work-in-progress Proceeds from sale of property, plant and equipment Loans to employees Proceeds from maturity of fixed deposits Rent received (Payment for Purchase of mutual funds)/ Proceeds from sale of mutual funds Net cash outflow from investing activities (B)
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Registered office 29th Milestone, Pune-Nashik Highway, Vill.Kuruli, Tal.Khed Pune 410 501 CIN-L34101PN1961PLC015735 (Amount in Rs Million) For the half year ended September 30, 2026 For the half year ended September 30, 2025 GABRIEL INDIA LIMITED STATEMENT OF CONSOLIDATED CASH FLOWS FOR HALF YEAR ENDED SEPTEMBER 30, 2026 Particulars C. 11,317.34 136.40 (515.66) - Proceeds/ (repayment) of short-term borrowings (net) (235.83) - Proceeds from issue of equity shares to non-controlling interests 13.29 - (95.22) (72.89) (143.19) (115.54) (549.70) (421.25) 9,791.02 (473.28) 204.92 292.22 1,122.92 802.79 1,327.84 1,095.01 1,419.52 1,129.41 Overdrafts (91.68) (34.40) 1,327.84 1,095.01 124.76 - 7,984.02 - Notes: 3. Figures in brackets indicate cash outflow. For and on behalf of the Board Mahendra K Goyal Place: Delhi Group CEO and Managing Director Date: October 30, 2026 DIN: 02605616 Dividend paid Cash flow from financing activities Proceeds from borrowings Repayment of borrowings Payment of lease liabilities (principal) Interest paid Acquisition of Investment in Associates Net cash outflow from financing activities (C) Net Increase/ (Decrease) in Cash & Cash Equivalents (A+B+C) Cash and cash equivalents as at the beginning of the year Cash and cash equivalents as at the end of the year Cash and cash equivalents consists of: 1.The above consolidated statement of cash flows has been prepared under indirect method in accordance with the Indian Accounting Standard (Ind AS) 7 on "Statement of Cash Flows". In Current Accounts Balances as per statement of cash flows Non-cash financing and investing activities Acquisition of right-of-use assets Mahendra Kumar Goyal Digitally signed by Mahendra Kumar Goyal Date: 2026.10.30 20:22:34 +05'30'
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Vivian Ravi Pillai Digitally signed by Vivian Ravi Pillai Date: 2026.10.30 20:35:16 +05'30'
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Statement of utilization of issue proceeds under Regulations 52(7): Name of the Issuer ISIN Modeof Fund Raising (Public issues/ Private placement) Type of instrument Date of raising funds Amount Raised (Rs. in crore) Funds utilized (Rs. in crore) Any deviation (Yes/ No) If 8 is Yes, then specify the purpose of for which the funds were utilized Remarks, if any 1 2 3 4 5 6 7 8 9 10 Gabriel India Limited INE524A08016 Private Placement Listed, unsecured, rated, redeemable, non-cumulative, non-convertible debentures September 10, 2026 1,000 998.77 No NA NIL Note: 1. NCDs are listed only on BSE 2. The funds were raised during the quarter ended September 30, 2026 and the same has been utilised during the same quarter. For Gabriel India Limited Name of Signatory: Mohit Srivastava Designation: Chief Financial Officer Date: October 30, 2026
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Statement of deviation/ variation in use of Issue proceeds under Regulations 52(7A): Particulars Remarks Name of listed entity Gabriel India Limited Mode of fund raising Private placement Type of instrument Listed, unsecured, rated, redeemable, non-cumulative, non-convertible debentures Date of raising funds September 10, 2026 Amount raised (Rs. In Crore) 1,000 Report filed for quarter ended September 30, 2026 Is there a deviation/ variation in use of funds raised? No Whether any approval is required to vary the objects of the issue stated in the prospectus/ offer document? No If yes, details of the approval so required? NA Date of approval NA Explanation for the deviation/ variation NA Comments of the audit committee after review NA Comments of the auditors, if any NIL Objects for which funds have been raised and where there has been a deviation/ variation, in the following table: Original object Modified object, if any Original allocatio n (Rs. In crore) Modified allocation, if any Funds utilised (Rs. In Crore) Amount of deviation/ variation for the quarter according to applicable object (in Rs. crore and in %) Remarks, if any The object of the Issue is to raise funds to be utilised towards: i. towards part financing the Acquisition; 1000 NA 998.77 NIL NIL
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ii. towards working capital purposes of the Issuer; iii. towards general corporate purposes of the Issuer including refinancing of existing debt; and iv. towards issue expenses attributable to issue of Debentures, Deviation could mean: a. Deviation in the objects or purposes for which the funds have been raised. b. Deviation in the amount of funds actually utilized as against what was originally disclosed. Name of signatory: Mohit Srivastava Designation: Chief Financial Officer Date: October 30, 2026