Galaxy Bearings Ltd
Incorporated in 1990, Galaxy Bearings Ltd manufactures & trades Ball and Taper Roller Bearing and Steel etc.[1]
- Market Cap ₹ 290 Cr.
- Current Price ₹ 910
- High / Low ₹ 1,096 / 412
- Stock P/E 78.0
- Book Value ₹ 346
- Dividend Yield 0.00 %
- ROCE 5.24 %
- ROE 3.04 %
- 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.2.54 Cr.
- Company has high debtors of 206 days.
- Promoter holding has decreased over last 3 years: -8.14%
* 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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 43.30 | 36.69 | 43.38 | 52.35 | 74.34 | 48.20 | 62.67 | 104.09 | 118.68 | 127.12 | 104.22 | 67.51 | 66.58 | |
| 36.37 | 31.83 | 36.39 | 46.19 | 63.86 | 41.08 | 51.02 | 85.63 | 97.58 | 106.02 | 84.92 | 61.00 | 60.27 | |
| Operating Profit | 6.93 | 4.86 | 6.99 | 6.16 | 10.48 | 7.12 | 11.65 | 18.46 | 21.10 | 21.10 | 19.30 | 6.51 | 6.31 |
| OPM % | 16.00% | 13.25% | 16.11% | 11.77% | 14.10% | 14.77% | 18.59% | 17.73% | 17.78% | 16.60% | 18.52% | 9.64% | 9.48% |
| 0.59 | 0.71 | 0.30 | 1.79 | 0.36 | 1.13 | 0.62 | 1.61 | 2.70 | 6.83 | 2.53 | 2.17 | 2.54 | |
| Interest | 2.00 | 1.84 | 1.42 | 1.19 | 0.73 | 0.33 | 0.30 | 0.44 | 0.43 | 0.70 | 1.39 | 2.32 | 2.03 |
| 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 | 1.70 |
| 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 | 5.12 |
| 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 | 3.71 | |
| 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 | 11.67 |
| 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: | -32% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | -16% |
| 3 Years: | -41% |
| TTM: | -71% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 63% |
| 5 Years: | 20% |
| 3 Years: | -14% |
| 1 Year: | 3% |
| 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 | 18.14 | |
| 9.07 | 5.80 | 8.82 | 12.17 | 9.84 | 6.40 | 11.27 | 12.77 | 18.44 | 17.08 | 13.49 | 11.31 | |
| 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 | 10.87 | |
| 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 | 62.67 | |
| 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% | 334% |
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 | 166.42 |
| ROCE % | 20.78% | 13.25% | 17.71% | 21.46% | 27.20% | 17.75% | 23.94% | 32.94% | 31.30% | 27.69% | 16.13% | 5.24% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Export as % of Turnover % |
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| Foreign Exchange Earned (Exports) INR Lakhs |
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| Number of Permanent Employees count |
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| Installed Capacity lakh bearings per annum |
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| R&D Expenditure INR Lakhs |
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| Number of Customers Contributing 10%+ of Total Revenue count |
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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 August,2026
- Submitted August 2026 monthly report on physical share transfer and dematerialisation lodgements.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- We hereby submit the clips of Newspaper Advertisement published by the company with respect to Information related to AGM Notice, Book-Closure and E-voting Information in …
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
- Galaxy Bearings paid another ₹1 crore; total advance for proposed Rajkot land rises to ₹4.76 crore.
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Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Notice Of The 36Th Annual General Meeting.
- Galaxy Bearings schedules 36th AGM on September 22, 2026; notice dispatched and e-voting dates announced.
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Confirmation Of Compliance Under Regulation 36(1)(B) Of The SEBI (LODR) Regulations, 2015
- 36th AGM on September 22, 2026; annual report and e-voting details shared.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2011
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Annual Report 2010
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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