Galaxy Bearings Ltd
Incorporated in 1990, Galaxy Bearings Ltd manufactures & trades Ball and Taper Roller Bearing and Steel etc.[1]
- Market Cap ₹ 150 Cr.
- Current Price ₹ 471
- High / Low ₹ 1,100 / 426
- Stock P/E 45.3
- Book Value ₹ 346
- Dividend Yield 0.00 %
- ROCE 5.20 %
- ROE 3.05 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 1.50% over past five years.
- Company has a low return on equity of 12.2% over last 3 years.
- Earnings include an other income of Rs.2.17 Cr.
- Company has high debtors of 206 days.
- Promoter holding has decreased over last 3 years: -7.13%
- Working capital days have increased from 184 days to 354 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Abrasives & Bearings
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 43.30 | 36.69 | 43.38 | 52.35 | 74.34 | 48.20 | 62.67 | 104.09 | 118.68 | 127.12 | 104.22 | 67.51 | |
| 36.37 | 31.83 | 36.39 | 46.19 | 63.86 | 41.08 | 51.02 | 85.63 | 97.58 | 106.02 | 84.92 | 61.07 | |
| Operating Profit | 6.93 | 4.86 | 6.99 | 6.16 | 10.48 | 7.12 | 11.65 | 18.46 | 21.10 | 21.10 | 19.30 | 6.44 |
| OPM % | 16.00% | 13.25% | 16.11% | 11.77% | 14.10% | 14.77% | 18.59% | 17.73% | 17.78% | 16.60% | 18.52% | 9.54% |
| 0.59 | 0.71 | 0.30 | 1.79 | 0.36 | 1.13 | 0.62 | 1.61 | 2.70 | 6.83 | 2.53 | 2.17 | |
| Interest | 2.00 | 1.84 | 1.42 | 1.19 | 0.73 | 0.33 | 0.30 | 0.44 | 0.43 | 0.70 | 1.39 | 2.25 |
| Depreciation | 1.20 | 1.16 | 1.37 | 1.19 | 0.97 | 0.99 | 1.43 | 1.80 | 1.74 | 1.80 | 1.92 | 1.74 |
| Profit before tax | 4.32 | 2.57 | 4.50 | 5.57 | 9.14 | 6.93 | 10.54 | 17.83 | 21.63 | 25.43 | 18.52 | 4.62 |
| Tax % | 33.56% | 37.74% | 33.56% | 35.19% | 27.90% | 19.19% | 25.43% | 25.46% | 26.31% | 25.87% | 25.97% | 28.35% |
| 2.87 | 1.60 | 2.98 | 3.61 | 6.59 | 5.60 | 7.86 | 13.29 | 15.95 | 18.84 | 13.71 | 3.31 | |
| EPS in Rs | 9.03 | 5.03 | 9.37 | 11.35 | 20.72 | 17.61 | 24.72 | 41.79 | 50.16 | 59.25 | 43.11 | 10.41 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 2% |
| 3 Years: | -17% |
| TTM: | -35% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | -16% |
| 3 Years: | -41% |
| TTM: | -76% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 58% |
| 5 Years: | 18% |
| 3 Years: | -25% |
| 1 Year: | -44% |
| Return on Equity | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 16% |
| 3 Years: | 12% |
| Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.18 | 3.18 | 3.18 | 3.18 | 3.18 | 3.18 | 3.18 | 3.18 | 3.18 | 3.18 | 3.18 | 3.18 |
| Reserves | 14.02 | 15.62 | 18.48 | 22.10 | 28.67 | 34.30 | 42.18 | 55.44 | 71.28 | 90.05 | 103.59 | 106.90 |
| 13.53 | 17.20 | 9.09 | 6.05 | 9.40 | 2.64 | 3.16 | 3.36 | 4.06 | 15.96 | 29.49 | 18.13 | |
| 9.07 | 5.80 | 8.82 | 12.17 | 9.84 | 6.40 | 11.27 | 12.77 | 18.44 | 17.08 | 13.49 | 11.32 | |
| Total Liabilities | 39.80 | 41.80 | 39.57 | 43.50 | 51.09 | 46.52 | 59.79 | 74.75 | 96.96 | 126.27 | 149.75 | 139.53 |
| 4.76 | 9.07 | 7.80 | 6.85 | 7.01 | 8.26 | 12.45 | 12.16 | 11.69 | 11.94 | 12.37 | 10.86 | |
| CWIP | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.23 | 0.00 | 0.42 | 11.92 | 25.59 | 30.90 | 31.34 |
| Investments | 0.00 | 0.00 | 0.15 | 0.16 | 0.17 | 5.26 | 7.58 | 8.09 | 19.61 | 26.02 | 31.98 | 34.65 |
| 35.02 | 32.73 | 31.62 | 36.49 | 43.91 | 32.77 | 39.76 | 54.08 | 53.74 | 62.72 | 74.50 | 62.68 | |
| Total Assets | 39.80 | 41.80 | 39.57 | 43.50 | 51.09 | 46.52 | 59.79 | 74.75 | 96.96 | 126.27 | 149.75 | 139.53 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.41 | 3.73 | 6.45 | 3.18 | -1.55 | 14.07 | 6.81 | 2.09 | 24.22 | 5.27 | -1.91 | 19.79 | |
| -1.53 | -5.46 | -0.23 | -0.13 | -1.11 | -8.04 | -7.39 | -2.28 | -24.63 | -15.94 | -10.25 | -6.65 | |
| -2.04 | 3.70 | -8.11 | -3.04 | 3.35 | -6.76 | 0.51 | 0.20 | 0.42 | 10.80 | 12.27 | -13.20 | |
| Net Cash Flow | -0.16 | 1.97 | -1.89 | 0.01 | 0.68 | -0.73 | -0.06 | 0.01 | 0.01 | 0.12 | 0.11 | -0.07 |
| Free Cash Flow | 1.88 | -1.73 | 6.36 | 3.04 | -2.68 | 11.00 | 1.43 | 0.03 | 10.53 | -10.41 | -7.93 | 15.13 |
| CFO/OP | 72% | 100% | 109% | 76% | 14% | 220% | 82% | 32% | 144% | 50% | 9% | 338% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 119.03 | 128.13 | 128.06 | 120.62 | 115.58 | 90.49 | 81.13 | 107.90 | 90.45 | 85.85 | 155.32 | 205.99 |
| Inventory Days | 323.89 | 313.97 | 214.14 | 189.55 | 131.58 | 245.24 | 228.61 | 129.54 | 112.80 | 169.62 | 201.38 | 259.17 |
| Days Payable | 137.09 | 79.41 | 119.74 | 136.79 | 83.07 | 89.27 | 128.68 | 78.96 | 101.56 | 92.53 | 67.43 | 94.19 |
| Cash Conversion Cycle | 305.83 | 362.69 | 222.46 | 173.38 | 164.09 | 246.46 | 181.06 | 158.48 | 101.69 | 162.95 | 289.28 | 370.97 |
| Working Capital Days | 121.05 | 118.88 | 123.60 | 129.75 | 119.21 | 174.78 | 143.22 | 129.64 | 91.03 | 83.58 | 114.45 | 353.75 |
| ROCE % | 20.78% | 13.25% | 17.71% | 21.46% | 27.20% | 17.75% | 23.94% | 32.94% | 31.30% | 27.69% | 16.13% | 5.20% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Permanent Employees Number |
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| Capital Work-in-Progress (CWIP) INR Lakhs |
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| Export Contribution to Annual Turnover % |
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| Export Revenue (Foreign Exchange Earnings) INR Lakhs |
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Extracted by Screener AI
Documents
Announcements
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Monthly Report On Lodgement/Relodgement Of Transfer/ Demate Request For Physical Securities For The Month Of April,2026.
5 May - Monthly report on lodgement/re-lodgement for transfer-cum-demat of physical securities for April 2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
5 May - With reference to the captioned subject Please find the Copy of Newspaper Advertisement of the Audited Financial Results for the Quarter and Year Ended on …
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Announcement Under Regulation 30 (LODR)
2 May - Galaxy Bearings discusses selling 20,234 sq. m. Pune land; negotiations are preliminary and non-binding.
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Announcement under Regulation 30 (LODR)-Acquisition
2 May - Company disclosed ₹3.51 crore advances for proposed ₹6 crore land purchase in Rajkot, pending approvals.
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Submission Of Audited Financial Result Of The Company For The Quarter And Year Ended On March 31, 2026 Along With Auditor Report (Unmodified Opinion) And Declaration For The Auditor''s Report With Unmodified Report.
2 May - Board approved FY26 audited results; auditors unmodified; OFAC SDN issue remains pending.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1][2]
Company is a first Public Limited Company of the Galaxy group. It is an IATF16949 Quality system and ISO 14001, ISO 45001 Certified manufacturer of Taper Roller Bearings and Cylindrical Roller Bearings and has developed a variety of bearings to cater different market segments.Company is also a certified One Export House