GABRIEL

Gabriel India Limited 29th Milestone, Pune-Nashik Highway, GABRIEL Village Kurull, Tai : Khed, Dist. Pune -41 O 501 (India) Tel.:+ 91 -2135 -610700, 610757 Fax:+ 91 -2135 -610787, 610796 www.anandgroupindia.com February 08, 2021 BSE Limited National Stock· Exchange of India Limited. 25th Floor, P. J. Towers, Exchange Plaza, Sandra Kurla Complex, Dalal Street, Sandra (E), MUMBAI - 400 001 MUMBAI - 400 051 (Company Code: 505714) (Company Code: GABRIEL) Sub: Disclosure under Regulation 30(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sirs, We are enclosing herewith the Investor/Result presentation to be disclosed to the Stock exchanges under Regulation 30(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, We request you to take the above information on record and kindly acknowledge the receipt. Thanking you, Yours faithfully, For Gabriel India Limited Email Id: secretarial@gabriel.co.in Encl : Investor Presentation Registered Office · 29th Milestone. Pune-Nashik Highway, Village Kuruli, Taluka Khed, Dist. Pune -41 O 501 (India) AIVAIVD>> www .gabrielindia.com CIN -L34101PN1961PLC015735 Gabriel India Ltd. Investor Presentation 9th Feb 2021 Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 1 Safe Harbor This presentation and the accompanying slides (the “Presentation”), has been prepared by Gabriel India Limited (the “Company”), solely for information purposesanddonotconstituteanyoffer,recommendationorinvitationtopurchaseorsubscribeforanysecurities,andshallnotformthebasisorbereliedon in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offeringdocumentcontainingdetailedinformationabouttheCompany. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representationorwarranty,expressorimplied,whatsoever,andnorelianceshallbeplacedon,thetruth,accuracy,completeness,fairnessandreasonableness of thecontents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liabilityinrespectofthecontentsof,oranyomissionfrom,thisPresentationisexpresslyexcluded. Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward‐looking statements. Suchforward‐looking statements are not guarantees offuture performanceand are subject to known andunknownrisks,uncertaintiesandassumptionsthataredifficulttopredict.Theserisksanduncertaintiesinclude,butarenotlimitedto,theperformanceof the Indian economy and of the economies of various international markets, the performance of the auto ancillary industry in India and world‐wide, competition, thecompany’sabilitytosuccessfullyimplement itsstrategy,theCompany’sfuturelevelsofgrowthandexpansion,technologicalimplementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks.TheCompany’sactualresults,levelsofactivity,performanceorachievementscoulddiffermateriallyandadverselyfromresultsexpressedinorimpliedby this Presentation. The Company assumes no obligation to update any forward‐looking information contained in this Presentation. Any forward‐looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third‐partystatementsandprojections. Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 2 COVID‐19: Update Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 3 OUR RESPONSE TO COVID Employee Strength: 2951 Number of Locations: 7 Number of COVID +ve: 2 Daily Monitoring of Health Status via Google form • On time action ‐reducing the risk of employees getting sick || 90% response across Gabriel || • Supporting employees & their families reporting sick Thermal Scanning & Arogya Setu app • Thermal screening for 100% employees twice a day || Twice a day || • Restricting entry at workplace ‐High Risk in Arogya setuapp COVID Monitoring Officer (CMO) & Plant Crises • CMOs ‐eliminating various surface touch points, Ensuring employee Management Team (PCMT) discipline w.r.t covid guidelines || Dedicated role created || • PCMT: Rapid action force to support immediately upon need Disinfection & Sanitization of workplace • Weekly disinfection ‐reducing the risk || Disinfection (1 / wk) & Sanitization (1 / 2hrs) || • Sanitization –reducing the risk through multiple touch points Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 4 Table of Contents 1 Q3 FY21 Result Update Corporate Overview 2 3 Business Overview Strategy Going Forward 4 Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 5 Q3 FY21 Result Update Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 6 Financial Highlights – Q3 FY21 Q3 FY21 Revenue EBITDA PBT Rs.392 Mn Rs. 327 Mn Rs. 5,365 Mn 7.3% 6.1% Q2 FY21 Rs 4,599 Mn Q2 FY21 Rs 362 Mn / 7.9% Q2 FY21 Rs 287 Mn / 6.2% Q3 FY20 Rs 4,555 Mn Q3 FY20 Rs 322 Mn / 7.1% Q3 FY20 Rs 239 Mn / 5.2% Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 7 Financial Highlights – 9M FY21 Revenue EBITDA PBT Rs. 11,192 Mn Rs. 583 Mn (5.2%) Rs. 372 Mn (3.3%) as compared to Rs. 14,453 Mn as compared to Rs. 1,047 Mn in as compared to Rs. 779 Mn in FY20 (Y‐o‐Y ‐22.6%) FY20 (Y‐o‐Y ‐44.3%) in FY20 (Y‐o‐Y ‐52.2%) Balance Sheet Cash Flow Capex Net Cash position of Rs. 2,830 Mn Cash Flow from operations to the Capex incurred during the period tune of Rs. 2,043 Mn as compared Rs. 383 Mn to Rs. 1,106 Mn in FY20 Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 8 Profit & Loss Statement Particulars (Rs. Mn) Q3 FY21 Q3 FY20 YoY Q2 FY20 Q‐o‐Q 9M FY21 9M FY20 Y‐o‐Y Revenue from Operations 5,365 4,555 17.8% 4,599 16.7% 11,192 14,453 ‐22.6% Raw Material 4,058 3,321 3,392 8,315 10,655 Employee Expenses 388 404 364 1,089 1,198 Other Expenses 528 508 480 1,204 1,553 EBITDA 392 322 21.7% 362 8.1% 583 1,047 ‐44.3% Other Income 62 26 42 130 65 Interest 9 8 13 29 24 Depreciation 118 101 105 312 309 PBT 327 239 36.9% 287 14.0% 372 779 ‐52.2% Tax 81 63 ‐19 58 198 PAT 246 176 40.1% 306 ‐19.6% 314 581 ‐45.9% EPS 1.71 1.22 2.13 2.19 4.05 • The results of 9M are not comparable due to the adverse impact by outbreak of Covid‐19 • However, due to stringent cost reduction measures Gabriel has managed to minimise the impact of the Pandemic on its performance Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 9 Financial Track Record Revenue (Rs Mn) EBITDA (Rs Mn) & EBITDA Margin (%) PAT 9.6% +6.4% 9.0% 9.3% +12.1% 8.6% 20,765 8.1% 942 950 12,866 14,441 14,382 15,206 18,331 18,700 7.0% 1,168 1,293 1,461 1,713 1,778 1, 7 3 . 7 4 8 % 600 752 827 847 11,192 904 5.2% 426 314 583 FY14 FY15 FY16 FY17 FY18 FY19 FY20 9MFY21 FY14 FY15 FY16 FY17 FY18 FY19 FY209MFY21 FY14 FY15 FY16 FY17 FY18 FY19 FY209MFY21 Net worth (Rs Mn) RoCE (%) Net Working Capital Days +14.8% 5,900 6,518 6,685 25.8% 26.0% 26.6% 28.2% 25.8% 28 30 33 5,249 26 24 25 26 4,502 18.8% 3,913 17.8% 3,254 14.3% 2,852 13 FY14 FY15 FY16 FY17 FY18 FY19 FY209MFY21 FY14 FY15 FY16 FY17 FY18 FY19 FY20 9MFY21 FY14 FY15 FY16 FY17 FY18 FY19 FY20 9MFY21 ^Note: Financials for FY17‐20 as per IND‐AS Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 10 Revenue Mix (Inc. Trading) Segment Mix Channel Mix 2% 1% 1% 1% 1% 1% 2% 4% 4% 4% 2% 3% 3% 2% 4% 1% 11% 13% 13% 12% 10% 9% 12% 9% 13% 11% 11% 13% 12% 14% 13% 13% 20% 19% 20% 22% 22% 24% 33% 31% 83% 85% 85% 85% 85% 83% 85% 83% 61% 67% 70% 70% 65% 67% 54% 55% FY17 FY18 FY19 FY20 Q2 FY 20 Q2 FY 21 Q3 FY 20 Q3 FY 21 FY17 FY18 FY19 FY20 Q2 FY20 Q2 FY21 Q3 FY20 Q3 FY21 PC CVR 2W/3W Trading Export Replacment OE • Change in product mix towards 2W segment where GIL continues to gain market share • CV volumes have started improving from Oct’2021 Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 11 YTD Segment Performance – 2W&3W (Incl. AM) Performance • Growth was primarily driven by efforts in terms of improving market share with key customers, higher efforts in terms of developing new products and on account of strong acceptance of end products in the 68% 25% % to Total Sales Market Share market New Program • TVS Motors –N360, N282, N289 RR • Bajaj Auto –R107, CNG Challenge Revenue Trend (Rs Mn) • As per SIAM data, the 2W sales grew by 31% YoY and 3W declined by 34% YoY respectively in Q3 FY21 +12% • Within the 2W segment, Scooters, improved by 3%, & Motorcycles and Mopeds registered impressive growth by 23% and 36% respectively in Q3 FY21 Future Development • Electric Vehicles • 2W ‐ OLA Electric, Okinawa, Ather, TVS • 3W –Bajaj, M&M, TI Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Top 3 Customers FY18 FY18 FY18 FY18 FY19 FY19 FY19 FY19 FY20 FY20 FY20 FY20 FY21 FY21 FY21 • TVS Motors, Yamaha, Bajaj Auto Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 12 YTD Segment Performance – Passenger Vehicles(Incl. AM) Performance • Growth impacted by discontinuation of Maruti Omni due to safety norms and replacement of Wagon R with newer model where GIL is not the supplier 21% 18% % to Total Sales Market Share New Program • Maruti Suzuki: Y0M Challenge • As per SIAM data, the sale of Passenger Vehicles grew by Revenue Trend (Rs Mn) 26% in Q3 FY21 over the same period last year • Within Passenger Vehicles, the sales for Passenger Cars, ‐10% Utility Vehicle & Vans grew by 23% YoY and improved by 28% respectively in Q3 FY21 Future Development • M&M (3), VW (2), PSA (1), TML (1) Top 3 Customers Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 • Maruti Suzuki, Volkswagen, Mahindra & Mahindra FY18 FY18 FY18 FY18 FY19 FY19 FY19 FY19 FY20 FY20 FY20 FY20 FY21 FY21 FY21 Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 13 YTD Segment Performance – Commercial Vehicles(Incl. AM & Railways) Performance • Moderate growth coming back slowly reflecting in better production volumes by OEMs 9% 75% % to Total Sales Market Share New Program • WABCO‐Air suspension, MTBD‐ICV 16T & Force Motors –T1 3350 Challenge • As per SIAM data, the overall commercial vehicles segment Revenue Trend (Rs Mn) registered a growth of 14% Q3 FY21 as compared to Q3 FY20 +3% • Medium & Heavy Commercial Vehicles (M&HCVs) sales grew by 15% YoY and Light Commercial Vehicles (LCVs) grew by 12% YoY in Q3 FY21 Future Development • Ashok Leyland –MBP, Partner; Force Motors –T1N Top 3 Customers Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 • Tata Motors, Mahindra & Mahindra, Maruti Suzuki FY18 FY18 FY18 FY18 FY19 FY19 FY19 FY19 FY20 FY20 FY20 FY20 FY21 FY21 FY21 Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 14 Aftermarket Strong Brand Extensive Distribution Recent Widest Presence Through Equity Network Highlights Product Range Allied Products • Brand “Gabriel” • 11 CFA locations & 664 • Operationalized two product • Launched 150 SKU’s LY • Leveraging Brand lines which received positive synonymous with dealer network Strength & Distribution market response (drive shaft, • More than 850 SKUs shock absorbers and Network • ~12,000 retail outlets break fluid & Brake pads) launched in last 5 years struts supported by effective • 11 New Product lines • Appointed new channel partners • Continuous focus on • Leadership with sales force for Latin America and Africa launched successfully expanding Product market share • Present in the • Growth of 6% which is ahead of Portfolio > 40% aftermarket segment market in very tough market domestic conditions across six continents After Market Parts Aftermarket Sales (Rs. Mn) Focus Areas & Outlook • Develop more products for the core segment +9% 2706 • Increase sales through national channels 2676 Others ‐18% 2343 • Major focus in B & C class towns 2116 2015 1720 1836 • Leveraging Brand Gabriel by launching new product lines Shox & Struts ‐82% • Launch 200+ SKUs and kickstart CRM model to forge stronger ties with key clients • Focus on export markets with share of 20% by 2023 FY15 FY16 FY17 FY18 FY19 FY20 9MFY21 Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 15 Creating Global Presence through Exports Export Sales ‐Quarter Leveraging relationship Dedicated Marketing Caters to Export order from DAF 218 with Global OEMs in team for exploring demand from Netherlands, India to penetrate their opportunities in OEM & VW Russia Global Operations Overseas Markets Aftermarket commenced from 122 119 125 Q3’20‐21 91 79 65 North America 4% Won an order from Europe 2% ISUZU for Thailand Q1 Q2 Q3 Q4 Q1 Q2 Q3 and Indonesia in CV FY19‐20 FY 19‐20 FY 19‐20 FY 19‐20 FY 20‐21 FY 20‐21 FY 20‐21 Segment USA 17% Export Composition Focusing to increase presence in Aftermarket Asia 35% of Latin America, Africa & OEM North America 40% After Market Africa 20% 60% South America 11% Australia 11% Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 16 VISION Exports Domestic Dominance M & A Technology Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 17 Corporate Overview Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 18 Gabriel At A Glance Corporate Profile GIL Plants Parwanoo GIL Satellite Locations • Incorporated in 1961 Manesar Khandsa • Pioneer of Ride Control Products in India with state‐of‐the‐art integrated operations • Strong R&D focus, employing 60 specialists, highest in the industry • Experienced, professional management team and Board of Directors Sanand Dewas • Marquee clientele across all vehicle segments Nashik • Market Leadership in Aftermarket Pune Aurangabad • Impetus on Sustainability and Environment: 1,984 MT Reduction in Carbon Footprint over last 6 years; 19.5% of power from renewable sources in FY19 from 0% in FY14 Malur Hosur S3 • Consistent dividend track record since ’98 Hosur *Mapsnot to scale. All data, information, andmapsare provided "as is" without warranty or any representation of accuracy, timeliness or completeness. Recognized fifth year in a row KKeeyy MMeettrriiccss Financial Strength ( FY20) 500+ 25 664 New Product Additions Countries of Presence Distributors Revenue PAT ROCE Net Cash 7+4 75 3,684 (satellite plants) INR 18,700 Mn INR 847Mn 18% INR 1326 Mn Manufacturing Plants Patents Filed Employees Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 19 Strategic Manufacturing Footprint Plant Location Segment Served Commencement Year Products Clients Bajaj Auto, HMSI , Suzuki, Yamaha, Nashik 2W / 3W 1990 Shock absorbers, front forks Piaggio, M&M, Atul Auto TVS, HMSI, Royal Enfield, Hosur 2W / 3W 1997 Shock absorbers, front forks Yamaha, Suzuki, M&M Shock absorbers, front forks, Parwanoo 2W, PV, CV, Aftermarket 2007 TVS, Tata Motors, M&M struts Volkswagen, M&M, Toyota, Tata Chakan PV, Railways &2W 1997 Shock absorbers, struts Motors, Bajaj Auto, Piaggio, DAF & Indian Railways Khandsa PV 2007 Shock absorbers, struts Maruti Suzuki, Honda Cars Shock absorbers, struts Sanand 2W, PV 2010 HMSI, Tata Motors (final assembly) Tata Motors, M&M, Daimler, Force Dewas OE, Aftermarket and Exports 1992 Shox–Commercial Vehicles Motors, Ashok Leyland, VECV Proximity to OEMs Ensures Just‐in‐Time Supply As Per Demand While Rationalising Logistics Costs Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 20 Sticky Relationships with Marquee OEM Client Base 2/3 Wheelers Passenger Cars CV & Railways Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 21 Safety Development Accident First Aid 7 6 5 5 5 4 4 3 3 3 3 3 3 2 2 2 1 1 0 0 0 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 FY19 FY19 FY19 FY19 FY20 FY20 FY20 FY20 FY21 FY21 FY21 FY19 FY19 FY19 FY19 FY20 FY20 FY20 FY20 FY21 FY21 FY21 Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 22 Human Resources In‐depth sectoral knowhow Key Metrics Mar’20 Mar’19 Mar’18 Seasoned Resources Revenue per employee (Rs Cr) 0.51 0.53 0.45 Strong employee Average employee experience 8.0 7.0 6.5 connect (person years) Investment in training programmes 2.21 1.45 1.44 Partnership‐oriented (Rs Cr) approach Employees covered under 80% 65 40 training programmes (%) Employee‐friendly systems and policies Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 23 “Great Place to Work” – 5th Consecutive Year 2019 • Rank #90 among Top 100 Companies to work for in India 2018 • Rank #89 among Top 100 Companies to work for in India 2017 • Ranked in Top 25 workplaces in manufacturing in India • Ranked #2 in Auto & Auto Component Industry • Rank #52 among Top 100 2016 Companies to work for • Ranked #3 in Auto in India Component Industry 2015 • Rank #70 among Top 100 Companies to work for in India • Ranked #2 in Auto Component Industry 2012 • Rank #43 among Top 50 Companies to work • Ranked #3 in Auto for in India Component Industry • Recognized among the Best Companies in its Industry Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 24 Strong In‐house R&D & Technology Partnerships End‐to‐End Product Development Capabilities Key Initiatives • In‐house facility for customers for ride tuning of vehicles • Advanced damper technology for the enhanced user experience • CO2 footprint reduction through product light weighting and use of green technologies • Virtual analysis for structural durability assessment DSIR Approved state‐of‐the‐art R&D Facilities at Chakan and Hosur of components • Implementation of product life cycle management A strong team of 60+ Specialists (PLM) to increase the reuse of existing components & to improve productivity Over 75 patents filed till date • NVH measurement and reduction techniques to address noise issues in the new generation vehicles Technical Collaborations with KYB Japan (Passenger Cars) and KONI (Commercial Vehicles) Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 25 Environmental Sustainability 40 0.9 36.0 33.9 35 31.3 0.90 0.8 28.1 2 3 5 0 19.5 20.0 21.7 0.7 24.9 0.5 25.9 0.5 0.5 0.38 0 0 . . 7 8 0 0 0.5 0.37 20 17.9 15.6 14.8 13.4 15.5 13.5 0.60 15 12.5 13.3 11.4 0.50 10 5 0.40 0 0.30 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 Production (in million) GHG ('000 tonnes of CO2e) GHG ('000 tonnes of CO2e) / Mn Units Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 26 VALUE CUSTOMER Reduction in Carbon Footprint Stakeholder Value Creation • Reducing energy consumption per unit of shock absorber through reduction in manufacturing losses • 6,464 MT reduction in carbon footprint since FY12 • Invested in solar rooftops across manufacturing plants with a capacity of 1.1 MW • Invested in group captive wind power plant to source renewable power at Hosur of 3.6 million units annually. • 19.5% of power from renewable sources from 0% in FY14 “Sustainability Award –Automotive and Farm Division” from Mahindra in FY18 Achieving Engineering Excellence Laser Welding Technology, Friction Designed & Developed Remote Welding Technology, Water based Canister Shock Absorber Autophoretic Paint System Adjustable Electronic‐Hydraulic Shock Absorbers with Shock Absorber for a leading SUV Floating Piston vehicle in Aftermarket Shock Absorber with Hollow Zero Discharge Chrome Plating Piston Rod Shock Absorbers for High Robotic Assembly line Speed Railway Trains –LHB Coaches Many Firsts Honoured with “Golden Peacock Eco –Innovation Award for Hollow Piston Rod” Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 27 CSR Initiatives Thematic area Parwanoo Dewas Nashik Hosur • 5 Govt. School • 3 school • 11 Govt. School • 766 Students • 7 Teachers • 2100 Students • 6 Teachers • 9 Govt. School • 2637 student • 18 Teacher Education • Classes for adults • 2856 Students • MEDHAVI@PMC Tech • SNSF scholar programme • MEDHAVI @ govt. polytechnic & • 18 Teachers 31 awardees @ANAND school –Increase Scholars from acropolis: 10 awardees (New –15, Graduate – 1 to 4 (New –2 , Graduate –2 ) 14) • 6‐month Courses in Cutting & tailoriing, Skill Development dress designing • 6‐month Courses in para nursing (Introduction of NSDC • Beautyculture (Health assistance training program Certification across courses) • Computer • Doctor consultation & free medication in slums Health & Hygiene • Govt. partnership project of HIV/AIDS & RCH • Maintenance of ANAND municipal park • Ultra high‐density mango plantation and sports complex • Development Of in lake view farm incl. GIL share land Community • Maintenance of war trophy memorial park Village Rohile as a • Continuation of NABARD’s E shakti Conservation (ANAND van vatika) model village and livelihood entrepreneurship • Classes for out of school Development program students & adults Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 28 Board of Directors • Business Management at • B.E. (Mechanical) & DBM, • Joined ANAND Group in University of Westminster, UK, with more than 25 years of September 2015 and Fine Arts at Central experience in Automotive • Over 29 years of Martin’s School of Arts and industry cross‐cultural experience of Design, UK • Associated with Gabriel India running business at Asia Pacific • Joined ANAND Group in 2005 since 2011 level as well leading strategic Anjali Singh Manoj Kolhatkar Jagdish Kumar planning efforts for Asia‐Pacific at • Chairperson, Supervisory • Prior to this, served in TATA Global Companies like Du Pont, Executive Chairperson, Board, ANAND Group MD, Gabriel India Group in senior roles for Group President Gabriel India & Group CFO, BILT, TCS since 2011 22 years ANAND Group • Operating Partner, Kedaara • VP, Supply Chain, South Asia at • Graduate from XLRI in Personal Capital Advisors LLP HUL. Director on the Board of Mgt & Industrial Relation, with HUL. Associated with HUL since more than 40 years of experience • CEO of Fortis Healthcare Ltd. 1980 in various senior roles in Banking, Financial Services, IT, from 2011 to 2014 Manufacturing, Sports & Oil • Chairman of CII National • Spent 30 years in the Industry Committee on intellectual Automotive and Defence Aditya Vij Industries including 18 years Pradeep Banerjee Property and committee member Matangi Gowrishankar • Was board member of NHRDN and on Environment, Convenor of CII one of 20 mentors for NHRDN Non‐Executive with General Motors, Europe Non‐Executive Non‐Executive National Working Group on Womentoring Initiative Independent Independent Independent Director Director Plastic Waste Management Director • Qualified coach and works with senior business leaders to support business leadership effort Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 29 Management Team • Masters in Quality • MS Industrial • B.E. (Mechanical) with Management with over Engineering, BITS Pilani over 25 years of 20 years of experience • PGDBA – experience Finance/Strategy, IFMR • Associated with Gabriel • Associated with Gabriel • Over 25 years of since 1999 since April 2007 experience Atul Jaggi Vasudevan R • Associated with Gabriel Amitabh Srivastava Chief Operating Officer, Two and Three Chief Operating Officer, since September 2020 Chief Operating Officer, Wheelers and Commercial Vehicles Passenger Cars Business Unit Railways and Aftermarket Business Unit Business Unit • MBA, Michigan, UDA, 2004, • CA & CFA, DIFRS, FRM • B.E. (Mechanical) with PG (MS Industrial more than 17 years in the over 30 years of Engineering), University of Mining, Construction, experience Ohio, USA, B.E. (Mechanical) Metals, Garments and • Associated with Gabriel • Over 17 years of experience Automotive industry since March 2004 • Associated with Gabriel since Umesh Shah Rishi Luharuka • Associated with Gabriel Rajendra Abhange April 2010 Head of Strategy Chief Financial Officer since Sept 2019 Chief Technical Officer • Masters in Personnel • B.E. (Production • Diploma in Management Engineering) with over Management • Associated with Gabriel 25 years of experience • Associated with Gabriel since July 2001 • Associated with Gabriel since April 2016 since November 2012 Manoj Sharma Prashant Shah CR Vijaykumar Chief Human Resource Officer Chief Purchase Officer Head Central Quality Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 30 Awards & Accolades ‘India’s Best Workplaces for Women’ –2019: Top 75 Gabriel was awarded for Delivery Management by Honda Motorcycle and Gabriel Chakan Team “Spartans” emerged as the winners at National Scooter India, at their 21st Supplier Convention 2020 Level Toyota Kirloskar Supplier Association Quality Circle Competition Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 31 Awards & Accolades Gabriel Chakan is certified as ISO 27001 –Recognized & Trusted Information Security Management Standard Gabriel Chakan Team won award for Quality by Toyota Kirloskar Motor Pvt. Ltd. in April 2020 Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 32 Strategy Going Ahead Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 33 Growth Strategies ₹ Financial Worthiness Customer Focus Aftermarket Technology & Innovation • Debt reduction • Enhancing customer • Product development • Improvement in quality delight and deepening • Break even point (BEP) • Expanding reach • R & D focus relationships reduction • Exports focus • Sustainable manufacturing • Collaboration and • Simplification of parts • Innovation culture product • Automation co‐development Customer & Product Focus, Aftermarket Expansion and Export Push Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 34 Strengthening Focus Areas Cultural Financial Manufacturing Research & Sustainability Transformation Robustness Excellence Development • Increasing organizational • Reducing energy • Leverage brand and • Customer centricity • Investments in competencies and consumption per unit diverse product robust testing • Deepening process orientation portfolio to drive infrastructure to • Using / improving competence, growth enhance value • Regular trainings focused energy efficiency using enhancing product proposition to on talent development LED lighting technology • Focus on driving quality and expanding customers at and leadership at its plants, saving operational product portfolio compelling price development with the energy & reducing efficiencies, • Adopted ANAND help of ANAND University carbon footprint judicious allocation House of Quality • Collaborations with of capital while global technology • Promote equal • Installation of Culture maintaining a lean partners opportunity and diversity renewable sources of • Driving increased balance sheet energy at various • Internal culture of asset utilization plants collaboration, execution and accountability To be amongst the ‘Top 5 shock absorber manufacturers in the world’ by 2025 Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 35 For further information, please contact: Company : Investor Relations Advisors : Gabriel IndiaLtd. Strategic Growth Advisors Pvt. Ltd. CIN : L34101PN1961PLC015735 CIN : U74140MH2010PTC204285 Mr. Nilesh Jain Mr. Jigar Kavaiya / Mr. Varun Divadkar secretarial@gabriel.co.in jigar.kavaiya@sgapl.net/ varun.divadkar@sgapl.net +91‐9920602034 / +91‐7738073466 www.gabrielindia.com www.sgapl.net Gabriel India Ltd. | www.anandgroupindia.com/gabrielindia/ 36