Gabriel India Completes Strategic Acquisition of 28.99% Stake in HL Mando Anand India; Reports Q1 Financial Results
Gabriel India Limited, part of the ANAND Group, announced that its Board of Directors had approved the acquisition of a significant stake in HL Mando ANAND India Private Limited. The company also released its un-audited financial results for the quarter ended June 30, 2026, alongside updates on its ongoing business restructuring and investment activities.The strategic move involves Gabriel acquiring 4,81,34,427 equity shares of HL Mando ANAND India Private Limited (HMAI) from Asia Investments Private Limited (AIPL), the promoter and holding company of Gabriel India Limited. The acquisition constitutes 28.99% of the total voting share capital of HMAI on a fully diluted basis.
Acquisition Details and Financing Structure
The proposed purchase price for the shares is INR 463.50 per Sale Share, leading to an aggregate consideration of INR 22,31,03,06,915/- (Indian Rupees Two Thousand Two Hundred and Thirty One Crores Three Lakhs Six Thousand Nine Hundred and Fifteen Only).The acquisition will be discharged through a combination of cash payment and the issuance of Gabriel India Limited shares to AIPL on a preferential basis.
Key financial details of the transaction include:
- Acquisition Stake: 28.99% of HMAI.
- Total Consideration: INR 22,31,03,06,915/-.
- Shares Allotted: Gabriel India Limited will issue 1,44,04,204 equity shares to AIPL at an issue price of INR 1,305.89 per share, aggregating to INR 18,81,03,05,962/-.
- Cash Component: The balance consideration of INR 3,50,00,00,953/- will be paid in cash.
This transaction forms part of an internal reorganization aimed at consolidating the Group's investment in HMAI under the listed entity, aligning it with Gabriel India Limited’s core automotive components business. Post-acquisition, the company expects to hold a 28.99% equity stake in HL Mando Anand India Private Limited.
Financial Performance for Q1 FY2026
The Board meeting approved the un-audited financial results (Standalone and Consolidated) for the quarter ended June 30, 2026.Un-audited Financial Results (Standalone)
The following table summarizes the standalone performance of Gabriel India Limited for the quarter ended June 30, 2026:
| Particulars | Quarter ended 30.06.2026 (Unaudited) | Quarter ended 31.03.2026 (Unaudited) | Year ended 31.03.2026 (Audited) |
|---|---|---|---|
| Revenue from operations | 12,742.47 million | 12,097.30 million | 45,773.41 million |
| Total Income (I+II) | 12,929.26 million | 12,211.31 million | 46,291.57 million |
| Total expenses | 11,931.02 million | 11,285.27 million | 42,739.78 million |
| Profit before tax (VII) | 998.24 million | 922.58 million | 3,418.33 million |
| Total tax expense | 238.56 million | 261.69 million | 833.12 million |
| Net Profit after tax (IX) | 759.68 million | 660.89 million | 2,585.21 million |
Consolidated Financial Results
The consolidated unaudited financial results show the following performance for the quarter ended June 30, 2026:
| Particulars | Quarter ended 30.06.2026 (Unaudited) | Quarter ended 31.03.2026 (Unaudited) | Year ended 31.03.2026 (Audited) |
|---|---|---|---|
| Revenue from operations | 14,256.83 million | 13,807.88 million | 52,451.94 million |
| Total Income (I+II) | 14,303.12 million | 13,911.94 million | 52,738.17 million |
| Total expenses | 13,397.94 million | 12,865.88 million | 48,930.19 million |
| Profit before tax (IX) | 1,332.60 million | 1,474.26 million | 5,231.81 million |
| Net Profit after tax (XI) | 1,081.26 million | 1,190.41 million | 4,321.36 million |
Other Business Developments
The Board meeting also approved additional investments and corporate alterations:- Investment in HL Klemove India Private Limited: The company approved an investment of INR equivalent to USD 98.44 million into 37,844,999 equity shares of HL Klemove India Private Limited (Target Company), which aims to give Gabriel India a stake of 30 minus one percent in the Target Company's paid-up share capital.
- Constitutional Changes: Consequent to the preferential allotment approval, the Memorandum and Articles of Association of the company will be amended as required by the Members at the ensuing Annual General Meeting or via Postal Ballot.
The company confirmed that this strategic move is intended to position Gabriel India Limited as a growth vehicle and business consolidation platform for the automotive components sector within the ANAND Group.
GABRIEL Stock Price Movement
Gabriel India Limited shares gained strongly in post-market trading today, closing at ₹1488.5, reflecting an 8.02% surge. The stock’s impressive rally saw it reach a market high, boosted by heavy activity as over 2.6 million shares were traded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.
Last edited by a moderator: