Gabriel India's Q2 performance was strong, with consolidated EBITDA increasing by 34% compared to the previous year, surpassing estimates. The company's focus on the high-growth sunroof product line is considered a significant driver of value, and they also have plans to diversify through new product lines and potential partnerships or acquisitions.
Anand Rathi has identified Gabriel India as a top pick among small-cap ancillaries, projecting strong growth in revenue, EBITDA, and PAT by FY27. They have raised their target price for Gabriel India based on a valuation of 28 times the consolidated FY27 estimated earnings per share. The market expects further M&A announcements, with the next one anticipated in FY25 and additional deals projected in the next three to four years.