Gabriel India posts stable Q4FY18 numbers

Gabriel India reported strong set of numbers across the board with strong revenue and bottom-line. The total revenue for the quarter rose by 16.1 per cent yoy and 11.1 per cent qoq to Rs. 497 crore in Q4FY18 vs Rs. 428 crore in Q4FY17 and Rs. 447 crore in Q3FY18, while on a full-year basis to Rs. 1,093 crore in FY18 vs Rs. 636 crore in FY17.

The EBITDA for the quarter rose by 31.2 per cent yoy to Rs. 46 crore in Q4FY18 vs Rs. 35 crore in Q4FY17. While the EBITDA margin for the quarter rose by 110 bps to 9.2 per cent vs Rs. 8.2 per cent in Q4FY18.

The net profit for the quarter rose by 13.8 per cent yoy to Rs. 26 crore in Q4FY18 vs Rs. 23 crore in Q4FY17 and Rs. 22 crore in Q3FY18. This was largely due to lower interest expenses. On a full-year basis, the net profit for the quarter rose by 14 per cent yoy to Rs. 94 crore in FY18.

On Friday, the stock of Gabriel India opened at Rs. 146 per share and closed almost flat.