Gabriel India

CMP: 37

Gabriel India Limited manufactures shock absorbers, McPherson struts, bimetal strips, bimetal bearings and front forks. The Company's products are sold to manufacturers of two wheeler scooters, motorcycles, cars, light commercial vehicles and trucks. Gabriel India sells its products in India and abroad.

Gabriel India is a decent bet in small cap space trading at a P/E of around 11 with dividend yields of 2% in the last 12 months. It runs at a debt of 65 Crores with 7 Crores cash in hand. Debt to profits ratio is at safe levels of less than 2 years. Revenues have risen from 538 Crores to 1196 Crores in the last 5 years. Profits have risen from 7 Crores to 38 Crores in the last 5 years. Profit margins have risen from just over 1% to well over 3% in the last 5 years. Buy and hold for long term gains.