Gabriel Finance and Operations Overview

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#1GABRIEL GABRIEL REDEFINING RIDE COMFORT ANAND ANAND >>> Gabriel India Ltd. Investor Presentation - February 2016 GABRIEL REDEFINING RIDE COMFORT ANAND ANSYSCO CYI C/CY Myutec faurecia POWERTRAIN FEDERAL-MOGUL GABRIEL Haldex Henkel OPOWER MAHLE Mando SPICER SNS Foundation SUJAN TAKATA Valeo#2GABRIEL ANAND≫ This presentation and the accompanying slides (the "Presentation"), has been prepared by Gabriel India Limited (the "Company"), solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on 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 offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. 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. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the auto ancilliary industry in India and world-wide, competition, the company's ability to successfully implement its strategy, the Company's future levels of growth and expansion, technological implementation, 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. The Company's actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by 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 party statements and projections. 2 ANSYSCO CYI C/CY Myutec faurocia FEDERAL-MOGUL GABRIEL POWERTRAIN Haldex Henkel POWER MAHLE Mando SPICER SUJAN TAKATA Valeo SNS Foundation#3GABRIEL • An Introduction . • Business Overview Strategy Going Ahead Financial Highlights • Corporate Overview ANAND≫ 4 5 17 20 20 29 20 3 ANSYSCO CYI C/CY Myutec faurocia FEDERAL-MOGUL GABRIEL POWERTRAIN Haldex Henkel POWER MAHLE Mando SPICER SUJAN TAKATA Valeo SNS Foundation#4An Introduction GABRIEL ANAND >>> No "OE" accounts for more than 20% of sales "Golden Peacock Eco Innovation Award in 2012" Over 16 Product & Process Patents "Great Places To Work" - Ranked No.2 in Auto Component Industry Incorporation of Company, Gabriel India, in 1961 Pioneer of Ride Control Products in the country 50 YEARS OF EXCELLENCE Established significant presence in all channels of automotive sale, OE, Aftermarket and Exports Well diversified OEM Customer Base in every automotive segment, 2/3 Wheelers, Passenger Cars and Commercial Vehicles Built Strong Manufacturing Capabilities across India Strong R&D with over 16 patents in Products & Processes Led by Experienced & Professional Management ANSYSCO CYI C/CY Myutec faurocia FEDERAL-MOGUL GABRIEL POWERTRAIN Haldex Henkel POWER MAHLE Mando SPICER SUJAN TAKATA Valeo SNS Foundation#5ANAND≫ GABRIEL Business Overview Head Office, Pune, India#6Pioneer of Ride Control Products... GABRIEL ANAND≫ Commercial Vehicle & 2/3 Wheeler Passenger Car Railways IndicaV2 EICHER Front Forks McPherson Struts Shock Absorbers Hydraulic Shock Absorbers Gas Shock Absorbers Cabin Dampers Gas Shock Absorbers Cartridges AFTER MARKET ACROSS ALL SEGMENTS Seat Dampers 6 ANSYSCO CYI (CY Myutec faurocia FEDERAL-MOGUL GABRIEL POWERTRAIN Haldex Henkel POWER MAHLE Mando SPICER SUJAN TAKATA Valeo SNS Foundation#7......With Diversified Revenue-Mix GABRIEL Sales (Rs. Mn) 7,055 CAGR +16% 12,053 11,282 9,700 12,866 14,441 10,719 FY10 FY11 FY12 FY13 FY14 FY15 9M FY16 ANAND >>> Segment Wise - 9M FY16 - Commercial Vehicles 13% 2/3 Wheelers 60% Passenger cars 27% Channel Wise - 9M FY16 OE 84% Aftermarket 12% Exports 4% 7 ANSYSCO CYI (CY Myutec faurocia FEDERAL-MOGUL GABRIEL POWERTRAIN Haldex Henkel POWER MAHLE Mando SPICER SUJAN TAKATA Valeo SNS Foundation#8Key OE Customers GABRIEL 2/3 Wheeler TVS X BAJAJ HONDA ANAND≫ Passenger Car HONDA The Power of Dreams Commercial Vehicle & Railways ISUZU MAN TATA YAMAHA RENAULT GM Ford TATA FORCE MOTORS ASHOK LEYLAND ΤΟΥΟΤΑ SUZUKI ROYAL ENFIELD D genze mahindra by Mahindra Quality Revolution W Mahindra HYUNDAI P PIAGGIO VEHICLES PVT. LTD. PIAGGIO MARUTI SUZUKI BHARATBENZ BHARATBENZ INDIAN Mahindra VE COMMERCIAL VEHICLES A VOLVO GROUP AND EICHER MOTORS JOINT VENTURE "No" OE Customer accounts for more than 20% of Total sales - Balanced Portfolio 8 ANSYSCO CYI (CY Myutec faurocia FEDERAL-MOGUL POWERTRAIN GABRIEL Haldex Henkel POWER MAHLE Mando SPICER SNS Foundation SUJAN TAKATA Valeo#9Aftermarket GABRIEL "Gabriel" - Brand synonymous with shock absorbers, with market share of 45% Established Pan-India network - 17 CFA Locations 300 350 dealer network & supported by 5000 retail outlets To ensure leading position, offers complete range of ride control products More than 500 products launched under "Gabriel" brand in last 5 years ANAND >>> Branding Initiatives "Elite Retailer Program" - First of its kind in industry With objective to build loyalty amongst retailers & mechanics Honouring and embracing brand- loyal / Next Gen Loyalist 1st Phase 500 Retailers Pan India, 2nd Phase Mechanics : Aftermarket Sales (Rs.Mn) CAGR +21% 1,415 1,516 1,393 1,205 874 1,004 594 FY10 FY11 FY12 FY13 FY14 FY15 9M FY16 9 ANSYSCO CYI C/CY Myutec faurocia FEDERAL-MOGUL GABRIEL POWERTRAIN Haldex Henkel POWER MAHLE Mando SPICER SUJAN TAKATA Valeo SNS Foundation#10Branding Events GABRIEL CEAT SUPERCROSS GAB AD DSK DSK AT GABEL DSK CAT CEAT AT Gult Gulf TVS TVS AT CEAT AT CEAT GABRIEL E msc CEA FRCROSS SUPERION CRI GABRIEL Plasttt.E HUMENNT ANAND>>> ock Absorbers Front Forks Struts 50 Supercross STAT GABRIEL 44 GABRIEL www.volkswagen-motorsport.in GABRIEL Fire N loe Shaastra 2015 IT Madu HERO4 EDGE JKETY ZEST'15 where victure is the only vi GABRIEL GABRIEL POLO R CUP ANAND >>> CREDILA L.CE sanatate a abigy. Puno GABREZ mélange ROCK VW Polo R Cup Campus Branding GABRIEL Haldex Henkel POWER MAHLE Mando SNS Foundation ANSYSCO CYI C/CY Myutec faurocia FEDERAL-MOGUL POWERTRAIN पप्पू ढाबा GABRIEL Shocks. Struts Front Forks TP DRIVING WITH YOU SINCE 1961 ANAND GABRIEL GABRIEL GABRIEL WASH ROOM मयूर ढाबा GABRIEL MAYUR DHARA ANAND Dhaba Branding 10 SPICER SUJAN TAKATA Valeo#11Exports GABRIEL . Establishing Network in 8 New Geographies • Through Structured Market Research & Systematic approach ingraining seeds of Gabriel India competencies worldwide Created presence across Colombia, Venezuela, USA, Iran, Japan, African markets & Italy Services OE and Aftermarket demand 292 ANAND >>> Export Sales (Rs.Mn) CAGR +35% 553 558 429 415 382 126 • Dedicated Marketing Team for Exports Strengthening Business with Gabriel Colombia FY10 FY11 FY12 FY13 FY14 FY15 9M FY16 . 4% of Total Sales in FY15 NEW ORDERS . Won an Exports order from Mahindra GenZe USA for E Scooter - Amphere Won an Exports OEM order from ISUZU (Thailand & Indonesia ) 11 ANSYSCO CYI C/CY Myutec faurocia POWERTRAIN FEDERAL-MOGUL GABRIEL Haldex Henkel POWER MAHLE Mando SPICER SUJAN TAKATA Valeo SNS Foundation#12Strategic Manufacturing Footprint GABRIEL Ashok Leyland Honda Cars Honda Motorcycles ICML Maruti Suzuki Suzuki Motorcycles SML Isuzu Tata Motors TVS Motors Parwanoo Yamaha India Khandsa 22 AMW GM Tata Motors Honda Motorcycles Sanand Dewas Nashik ANAND≫ GIL Presence GIL Plants ▲ GIL Satellite Locations ▲ Aurangabad Pune Bajaj Auto >> Piaggio FIAT Force Motors Skoda VW GM Volvo Eicher A Malur Ashok Leyland Bharat Benz Hindustan Motors Hyundai Mahindra Hosur Mahindra Trucks & Buses MAN Trucks Hindustan Motors Royal Enfield Tata Motors Toyota Kirloskar TVS Motors 12 ANSYSCO CYI C/CY Myutec faurocia FEDERAL-MOGUL POWERTRAIN GABRIEL Haldex Henkel POWER MAHLE Mando SPICER SUJAN TAKATA Valeo SNS Foundation#13Manufacturing Facilities GABRIEL 2/3 Wheelers Nashik Hosur Parwanoo ANAND≫ Client BAJAJ P PIAGGIO PIAGGIO VEHICLES PVT. LTD. HONDA D YAMAHA Mahindra Key Features Commenced production in 1990 Products: Shock Absorbers & Front Forks TC with Yamaha Motors Hydraulic System ANSYSCO CYI C/CY Mytec faurecia TVS ROYAL ENFIELD HONDA Commenced production in 1997 Products: Shock Absorbers & Front Forks TC with KYB Japan & Yamaha Motors Hydraulic System YAMAHA SUZUKI TVS X TATA Mahindra Commenced production in 2007 Segment Serviced: 2Wheelers, Passenger Cars, Commercial Vehicles and Aftermarket Products: Shock Absorbers, Struts and Front Forks 13 POWERTRAIN FEDERAL-MOGUL GABRIEL Haldex Henkel POWER MAHLE Mando SPICER SUJAN TAKATA Valeo SNS Foundation#14Manufacturing Facilities GABRIEL Passenger Cars Chakan Khandsa SLADRI Commercial Vehicle Dewas ANAND≫ Client Key Features GM BAJAJ RENAULT HYUNDAI TOYOTA Quality Revolution P PIAGGIO • VEHICLES PVT. LTD. Commenced production in 1997 PIAGGIO Segment Serviced: Passenger Cars, Utility Vehicles and Railway Mahindra Products: Shock Absorbers & Struts TATA MARUTI SUZUKI HONDA The Power of Dreams TATA Client Commenced production in 2007 Products: Shock Absorbers & Struts TC with KYB Japan AMW THE BIGBai Young Key Features Commenced production in 1992 Segment Serviced: OE, Aftermarket and Exports Products: Shox - Commercial Vehicles D TATA mahindra FORCE MOTORS ASHOK LEYLAND VE COMMERCIAL VEHICLES A VOLVO GROUP AND EICHER MOTORS JOINT VENTURE MAN DAIMLER ANSYSCO CYI C/CY Myutec faurecia FEDERAL-MOGUL POWERTRAIN 14 GABRIEL Haldex Henkel POWER MAHLE Mando SPICER SUJAN TAKATA Valeo SNS Foundation#15Strong In-house R&D & Global Technology PartneANAND >>>>> GABRIEL In-house Research & Development Well equipped State-of-the-art R&D centres - Chakan, Hosur & Nashik Dept of Scientific Industrial Research approved R&D centres for development of Suspension Products Most Experienced R & D team in India Technical Collaborations with Global Leaders . . • Proven Engineering Capabilities - Product First to introduce adjustable rear suspension for 2W Designed & developed Remote Canister Shock Absorber Introduced Front Forks for Performance Bikes Co-developed suspensions for Volkswagen Polo & introduced concept of hollow Piston Rods in India Proven Engineering Capabilities - Process 1st to design & develop robotised damper assembly line for 2W KYB Japan - Passenger Cars KYBSE Spain - Passenger Cars & Commercial Vehicles Yamaha Motor Hydraulic System Company - 2/3 Wheelers KONI - Luxury Commercial Vehicle & Buses • Crank type damper force testing machine • Laser welding of outer tube • In-house equipment design & development for Shox manufacturing Honored with "Golden Peacock Eco - Innovation Award 2012" 15 ANSYSCO CYI (/CY Myutec faurocia FEDERAL-MOGUL POWERTRAIN GABRIEL Haldex Henkel POWER MAHLE Mando SPICER SUJAN TAKATA Valeo SNS Foundation#16Signed Technical License Agreement with KONI... ANAND >>>>> GABRIEL GABRIEL KONI . • KONI, Netherland based company and part of New York-based ITT Corp, has more than 150 years of experience in area of Shock Absorber solutions • Develops, manufactures and markets high class performance shock absorbers for all types of cars and commercial vehicles . · Under arrangement, KONI will provide technology to design, develop and manufacture innovative damper products for Commercial Vehicles, Buses & Industrial Equipment Suspensions Cater to OEMs as well as Aftermarket demand in India, Bangladesh, Sri Lanka, Nepal and Bhutan Better products specially designed and suited for the Indian market Present in India in luxury vehicles segment . Best possible technology combined with with increased focus on growing Indian Luxury bus and CV segment fastest time to market • Enhance ride & performance of vehicle ...To help deliver high technology automotive products to Indian market in lesser time 16 ANSYSCO CYI C/CY Myutec faurocia FEDERAL-MOGUL POWERTRAIN GABRIEL Haldex Henkel POWER MAHLE Mando SNS Foundation SPICER SUJAN TAKATA Valeo#17GABRIEL ANAND≫ Strategy Ahead Head Office, Pune, India#18To grow... GABRIEL - Debt Reduction - BEP Reduction - Simplification - Automation EFFICIENCY IMPROVEMENT SALES GROWTH - Exports Focus - In Organic Growth - Global Manufacturing Footprint - Customer Focus ANAND >>> TECHNOLOGY & INNOVATION - R & D Focus - Sustainable Manufacturing - Innovation Culture ANSYSCO CYI C/CY Myutec faurocia POWERTRAIN FEDERAL-MOGUL GABRIEL Haldex Henkel POWER MAHLE Mando SPICER 18 SUJAN TAKATA Valeo SNS Foundation#19With SBU Approach GABRIEL • · SBU Structure for focused approach ANAND >>> Created Strategic Business Units for each automotive segment: 2Wheelers/ 3Wheelers, Passenger Cars & Commercial Vehicles / Railways and After-Market Channel To derive benefits in • Customer & Product Focus • Export Push • After market expansion Focus Area : SBU-wise 2/3 Wheelers Passenger Cars Commercial Vehicles Quality & Process Technology Product Innovation Improving Market Share Product Technology New Product Devolvement Capacity Enhancement After-Market Presence across all business segments 19 ANSYSCO CYI (/CY Myutec faurocia POWERTRAIN FEDERAL-MOGUL GABRIEL Haldex Henkel POWER MAHLE Mando SPICER SUJAN TAKATA Valeo SNS Foundation#20ANAND≫ GABRIEL Financial Highlights Head Office, Pune, India#21Quarterly Profit & Loss Highlights GABRIEL Rs. Mn ANAND≫ Q3 FY16 % of Sales Q3 FY15 % of Sales % of % of YOY% 9M FY16 9M FY15 YoY% FY15 Sales Sales Revenue 3,548 100.0% 3,595 100.0% (1%) 10,719 100.0% 10,957 100.0% (2%) 14,441 Raw Material 2,496 70.4% 2,610 72.6% 7,653 71.4% 7,940 72.5% 10,434 Employee Expenses 320* 9.0% 266 7.4% 870* 8.1% 799 7.3% 1,076 Other Expenses 418 11.8% 431 12.0% 1,250 11.7% 1,338 12.2% 1767 EBITDA 313 8.8% 288 8.0% 9% 946 8.8% 881 8.0% 7% 1,164 Adjusted EBITDA** 350 9.9% 288 8.0% 21% 982 9.2% 881 8.0% 12% 1,164 Other Income 5 0.1% 11 0.3% 30 0.3% 35 0.3% 43 Interest 6 0.2% 14 0.4% 19 0.2% 41 0.4% 55 Depreciation 86 2.4% 78 2.2% 251 2.3% 235 2.1% 311 PBT before Exceptional 226 6.4% 207 5.8% 9% 706 6.6% 640 5.8% 10% 841 Item Exceptional Item 2 0.0% 2 0.0% 50 0.0% 5 0.0% PBT 224 6.3% 206 5.7% 701 6.5% 635 5.8% 835 Tax 49 1.4% 46 1.3% 158 1.5% 164 1.5% 235 PAT 176 4.9% 159 4.4% 10% 543 5.1% 471 4.3% 15% 600 Cash PAT 262 7.4% 237 6.6% 11% 794 7.4% 706 6.4% 13% 912 *Employee benefits expense for the quarter and nine months ended 31st December 2015 includes provision towards bonus of Rs. 36.26 million (including Rs. 21.71 million for the period 1st April 2014 to 31st March 2015) arising due to retrospective amendment of Payment of Bonus Act, 1965. ** EBITDA adjusted for provision towards bonus as mentioned above ANSYSCO CYI C/CY Myutec faurocla FEDERAL-MOGUL POWERTRAIN 21 GABRIEL Haldex Henkel POWER MAHLE Mando SPICER SUJAN TAKATA Valeo SNS Foundation#22Quarterly Performance Trend GABRIEL Revenue EBITDA 3,752 350 329 3,595 3,548 3,484 3,419 288 284 283 ANAND >>> EBITDA Margin% (Rs.Mn) 9.9% 8.8% 8.2% 8.3% 8.0% Q3FY15 Q4FY15 Q1FY16 Q2FY16 Q3 FY16 Q3FY15 Q4FY15 Q1FY16* Q2FY16Q3FY16** Q3FY15 Q4FY15 Q1FY16* Q2FY16Q3FY16** PBT Before Exceptional Item & Margin (%) 300 6.7% 5.8% 5.8% 250 200 6.7% 6.4% 7% 6% 5% 4% 150 252 .3% 228 226 207 202 2% 100 1% 50 Q3FY15 0% Q4FY15 Q1FY16 Q2FY16 Q3FY16 * Adjusted for onetime write back of provision amounting to Rs.21 Million **Adjusted for the one time provision for Employee benefits expense for the quarter and nine months ended 31st December 2015 towards bonus for Rs. 36.26 million arising due to retrospective amendment of Payment of Bonus Act, 1965. ANSYSCO CYI C/CY Myutec faurocla FEDERAL-MOGUL GABRIEL POWERTRAIN Haldex Henkel POWER MAHLE Mando SPICER SUJAN TAKATA 22 Valeo SNS Foundation#23Balance Sheet Highlights GABRIEL ANAND >>> Rs. Mn Sep-15 Mar-15 Rs. Mn Sep-15 Mar-15 Shareholder's Fund 3,544 3,254 Non-current assets 2,973 2,958 Share capital 144 144 Fixed assets 2,676 2,708 Reserves & Surplus 3,400 3,111 Long-term loans and advances 233 226 Non-current liabilities 279 260 Other non-current assets 64 24 Long term borrowings Other non-current liabilities 198 198 82 61 Current assets 3,402 3,206 Inventories 1,144 1,121 1,807 1,723 Current liabilities 2,552 2,650 Trade receivables Short term borrowings Cash and bank balances 150 39 Trade Payables 1,845 1,907 Short-term loans and advances 299 321 Other current liabilities 707 743 Other current assets 1 1 Total Liabilities 6,375 6,164 Total Assets 6,375 6,164 23 ANSYSCO CYI (CY Myutec faurocia FEDERAL-MOGUL POWERTRAIN GABRIEL Haldex Henkel POWER MAHLE Mando SPICER SUJAN TAKATA Valeo SNS Foundation#24Improving Dividend Profile GABRIEL 0.5 0.5 Dividend Per Share (Rs.) 0.75 0.85 ANAND >>> 1.05 • Interim 0.45 . Continuous Dividend since 1998 Improving Dividend Payout Ratio • Declared Interim Dividend of Rs. 0.45 per share, amounting to 45% FY11 FY12 FY13 FY14 FY15 YTD FY16 of Face Value 15% 21% 32% 33% 31% Pay out Ratio 24 ANSYSCO CYI C/CY Myutec faurocia FEDERAL-MOGUL GABRIEL POWERTRAIN Haldex Henkel POWER MAHLE Mando SPICER SUJAN TAKATA Valeo SNS Foundation#25Historical Profit & Loss Highlights GABRIEL Rs.Mn Revenue ANAND >>> FY15 FY14 FY13 14,441 12,866 12,053 Raw Material 10,432 9,266 8,644 Employee Expenses 1,075 982 911 Other Expenses 1,769 1,714 1,672 EBITDA 1,164 904 826 Margin 8.1% 7.0% 6.9% Other Income 43 56 40 Interest & Finance Charges 55 90 123 Depreciation 311 271 273 PBT before Exceptional Item 841 600 471 Margin 5.8% 4.7% 3.9% Exceptional Item* 6 42 59 PBT 835 558 412 Tax 235 132 30 PAT 600 426 381 PAT Margin 4.2% 3.3% 3.2% Cash PAT 912 697 654 * faurocia POWERTRAIN Exceptional Item includes provision made on re-assessment of disputed liabilities towards rates & taxes ANSYSCO CYI C/CY Myutec FEDERAL MOGUL GABRIEL Haldex Henkel POWER MAHLE Mando SPICER 25 SUJAN TAKATA Valeo SNS Foundation#26Reduction in Borrowings GABRIEL ANAND >>> 1,276 17 288 920 7 83 653 Others Finance Lease Term Loan Working Capital Public Deposit · 7: 716 666 461 131 255 4 32= 164 185 95 Mar'12 Mar'13 Mar'14 Mar'15 26 ANSYSCO CYI C/CY Myutec faurocia FEDERAL-MOGUL GABRIEL POWERTRAIN Haldex Henkel POWER MAHLE Mando SPICER SUJAN TAKATA Valeo SNS Foundation#27Profitability Highlights GABRIEL Revenue CAGR +16% 14,441 12,866 12,053 11,282 9,700 6,970 FY10 FY11 FY12 FY13 FY14 FY15 EBITDA Margin% 9.2% 8.2% 8.3% 8.1% 6.9% 7.0% FY10 FY11 FY12 FY13 FY14 FY15 573 ANAND >>> EBITDA CAGR +15% (Rs.Mn) 1,164 941 888 904 826 FY10 FY11 FY12 FY13 FY14 FY15 240 PAT CAGR +20% 531 453 426 381 600 FY10 FY11 FY12 FY13 FY14 FY15 27 ANSYSCO CYI C/CY Myutec faurocia FEDERAL-MOGUL POWERTRAIN GABRIEL Haldex Henkel POWER MAHLE Mando SPICER SUJAN TAKATA Valeo SNS Foundation#28Balance Sheet Highlights GABRIEL Networth 3,254 1.00 2,852 2,569 2,312 1,865 1,493 0.80 ANAND >>> (Rs.Mn) D:E Ratio 0.53 0.31 0.23 0.04 FY10 FY11 FY12 FY13 FY14 FY15 FY10 FY11 FY12 FY13 FY14 FY15 Capital Employed ROCE 3,676 3,513 3,534 3,485 3,607 25.5% 3,492 FY10 FY11 11.0% 19.0% 18.0% 17.0% 16.0% FY12 FY13 FY14 FY15 FY10 FY11 FY12 FY13 FY14 FY15 FEDERAL-MOGUL POWERTRAIN GABRIEL Haldex Henkel POWER MAHLE Mando 28 SPICER SUJAN TAKATA Valeo SNS Foundation ANSYSCO CYI C/CY Myutec faurocia#29ANAND≫ GABRIEL Corporate Overview Head Office, Pune, India#30Gabriel Evolution GABRIEL • • ANAND >>> Incorporated Gabriel India in 1961 Serviced Commercial Vehicles segment from plant in Mulund In House design centre followed by in house SPM design center • Single Unit Manufacturing to Multi Location segment wise manufacturing: Passenger car s segment with plant at Chakan & launch of McPherson Struts & Gas shock Absorbers, 2W segment with Plant in Nashik & Hosur, CV segment with plant at Dewas OE Model - First time in Auto Industry Expanded in all segments with new plants at Parwanoo, Khandsa, Sanand & Malur Installed "Dynachrome Automation Machine" for plating, 1st in Asia • Expanded footprint to China State of R&D Centres at Chakan, Hosur & Nashik DSIR recognized all R&D Centres 1961-1990 1991 - 2000 2001 - 2013 30 ANSYSCO CYI C/CY Myutec faurocia FEDERAL-MOGUL POWERTRAIN GABRIEL Haldex Henkel POWER MAHLE Mando SPICER SUJAN TAKATA Valeo SNS Foundation#31Led by Experienced Professionals GABRIEL ANAND≫ - Mr. Deepak Chopra – Group CEO, Anand Group . Chartered Accountant & Company Secretary, with 37 years of experience across Industries Associated with Anand Group since 1976 Rich experience in Finance, Tax, Operations, Secretarial, and Project Management Mr. Manoj Kolhatkar - MD, Gabriel India B.E. Mechanical & DBM, with more than 25 years of experience in Automotive industry Associated with Gabriel India since 2011 Prior to this, served in TATA Group in senior roles for 22 years Mr. Rajendran Arunachalam - CFO, Gabriel India Qualified CPA (USA) and Degree in Management from BITS Pilani Associated with Gabriel India since Nov' 2013 More than 20 years of experience in areas Finance, Treasury across various industries ANSYSCO CYI C/CY Myutec faurocia POWERTRAIN FEDERAL-MOGUL GABRIEL Haldex Henkel POWER MAHLE Mando SPICER SUJAN TAKATA 31 Valeo SNS Foundation#32Led by Experienced Professionals GABRIEL Mr. Rajendra Abhange, CTO Mr. Sumit Bhatnagar, COO, PCBU Mr. Amitabh Srivastava, COO, AMBU ANAND≫ Mr. Atul Jaggi, COO, TWBU Mr. Umesh Shah, COO, CVRBU 32 ANSYSCO CYI C/CY Myutec faurocia FEDERAL-MOGUL GABRIEL POWERTRAIN Haldex Henkel POWER MAHLE Mando SPICER SUJAN TAKATA Valeo SNS Foundation#33Board of Directors GABRIEL Mrs. Anjali Singh - Chairperson, Gabriel India • Joined Anand Group in 2005 • ANAND >>> Studied Business Management at University of Westminster, UK, and Fine Arts at Central Martin's School of Arts and Design, UK . Also serves as Chairperson, Supervisory Board, Anand Group since 2011 Mr. Jagdish Kumar - Group President & Group CFO, Anand Group • Joined Anand Group in September 2015 Over 29 years of cross cultural experience of running business at Asia Pacific level as well leading Strategic Planning efforts for Asia-Pacific at Global Companies like Du Pont, BILT, TCS - Mr. Pradipta Sen – Non Executive Independent Director • President for India, Middle East and Africa region of Emerson, Fortune 500 conglomerate • Prior to joining Emerson, Mr. Sen spent 16 years with General Electric, USA in leadership roles • Also sits on the Boards of various Emerson subsidiary companies like Emerson Process Management India Pvt Ltd, Emerson Climate Technologies Ltd 33 ANSYSCO CYI C/CY Myutec faurocia FEDERAL-MOGUL POWERTRAIN GABRIEL Haldex Henkel POWER MAHLE Mando SPICER SUJAN TAKATA Valeo SNS Foundation#34Board of Directors GABRIEL ANAND≫ . • Mr. Aditya Vij - Non Executive Independent Director Over 3 decades of experience in the corporate world with a proven track record of developing and turning around businesses in various leadership positions. Served as the Chief Executive Officer at Fortis Healthcare Limited from July, 2011 to November, 2014. He joined Fortis Healthcare from Punj Lloyd where he held the position of Group President - Defence Prior to Punj Lloyd, Mr. Aditya Vij had a distinguished innings of 18 years with General Motors, across five countries in Europe and Asia. He served as an Executive Director of Sales, Marketing and After-Sales at General Motors Europe AG Mr. Atul Khosla - Non Executive Independent Director • Founding Partner for Oliver Wyman (the leading global consultancy) in India . • Actively involved in higher education and research in India, and founding trustee of Shoolini University at Solan, Himachal Pradesh B.Tech from the Indian Institute of Technology at Kanpur and MBA from the Jamnalal Bajaj Institute of Management Studies, Mumbai 34 ANSYSCO CYI C/CY Myutec faurocia FEDERAL-MOGUL GABRIEL POWERTRAIN Haldex Henkel POWER MAHLE Mando SPICER SUJAN TAKATA Valeo SNS Foundation#35ANAND >>> GABRIEL For further information, please contact: Company: Investor Relations Advisors: Gabriel India Ltd. CIN L34101PN1961PLC015735 Mr. Rajendran Arunachalam [email protected] www.gabrielindia.com Strategic Growth Advisors Pvt. Ltd. CIN U74140MH2010PTC204285 Ms. Sanjita Ghosh / Mr. Shogun Jain [email protected]/[email protected] 07738359389/07738377756 www.sgapl.net ANSYSCO CYI C/CY Myutec faurocia FEDERAL-MOGUL POWERTRAIN GABRIEL Haldex Henkel POWER MAHLE Mando SPICER SUJAN TAKATA Valeo SNS Foundation

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