Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 983 | 940 | 929 | 974 | 1,063 | 1,042 | 1,145 | 1,278 | 1,326 | 1,329 | 1,315 | 1,782 |
| Expenses | 858 | 828 | 827 | 850 | 935 | 936 | 1,018 | 1,154 | 1,216 | 1,210 | 1,193 | 1,533 |
| Operating Profit | 125 | 112 | 102 | 124 | 128 | 106 | 127 | 124 | 110 | 119 | 122 | 249 |
| OPM % | 13% | 12% | 11% | 13% | 12% | 10% | 11% | 10% | 8% | 9% | 9% | 14% |
| Other Income | 3 | 6 | 24 | 5 | 9 | 4 | 8 | 11 | 6 | -7 | 0 | 3 |
| Interest | 5 | 6 | 5 | 4 | 4 | 5 | 6 | 7 | 7 | 9 | 8 | 9 |
| Depreciation | 25 | 25 | 26 | 27 | 28 | 28 | 28 | 29 | 30 | 31 | 33 | 36 |
| Profit before tax | 98 | 88 | 94 | 99 | 104 | 77 | 100 | 99 | 79 | 73 | 80 | 207 |
| Tax % | 21% | 19% | 18% | 19% | 19% | 16% | 24% | 20% | 16% | 19% | 22% | 20% |
| Net Profit | 77 | 71 | 78 | 80 | 85 | 65 | 76 | 79 | 66 | 59 | 62 | 166 |
| EPS in Rs | 21.84 | 20.13 | 21.86 | 22.48 | 23.89 | 18.22 | 21.40 | 22.42 | 18.75 | 16.63 | 17.61 | 46.80 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,799 | 2,158 | 2,432 | 2,761 | 2,595 | 2,782 | 3,684 | 4,462 | 3,792 | 4,221 | 5,245 | 5,752 |
| Expenses | 1,563 | 1,886 | 2,144 | 2,408 | 2,226 | 2,334 | 3,284 | 3,894 | 3,330 | 3,737 | 4,778 | 5,152 |
| Operating Profit | 236 | 271 | 288 | 353 | 369 | 449 | 401 | 568 | 462 | 484 | 467 | 601 |
| OPM % | 13% | 13% | 12% | 13% | 14% | 16% | 11% | 13% | 12% | 11% | 9% | 10% |
| Other Income | 6 | 10 | 10 | 5 | 6 | 11 | 13 | 10 | 35 | 26 | 18 | 2 |
| Interest | 34 | 27 | 31 | 30 | 24 | 13 | 13 | 22 | 22 | 19 | 31 | 34 |
| Depreciation | 45 | 47 | 49 | 51 | 62 | 74 | 71 | 83 | 100 | 110 | 123 | 130 |
| Profit before tax | 163 | 207 | 219 | 277 | 289 | 372 | 329 | 473 | 375 | 380 | 332 | 440 |
| Tax % | 37% | 29% | 28% | 31% | 20% | 19% | 20% | 19% | 20% | 20% | 19% | |
| Net Profit | 103 | 148 | 158 | 191 | 230 | 302 | 263 | 381 | 301 | 305 | 267 | 354 |
| EPS in Rs | 28.97 | 41.64 | 44.57 | 53.87 | 64.99 | 85.22 | 74.12 | 107.46 | 85.03 | 86.00 | 75.41 | 99.79 |
| Dividend Payout % | 31% | 14% | 16% | 15% | 22% | 21% | 24% | 20% | 26% | 5% | 29% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 11% | 14% | 6% | 27% | ||
| Compounded Profit Growth | 10% | -2% | -10% | 19% | ||
| Stock Price CAGR | % | -7% | -3% | 4% | ||
| Return on Equity | 18% | 15% | 13% | 11% |
| 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 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 |
| Reserves | 342 | 412 | 539 | 683 | 841 | 1,032 | 1,266 | 1,539 | 1,847 | 2,144 | 2,327 | 2,709 |
| Borrowings | 451 | 412 | 393 | 348 | 298 | 396 | 289 | 421 | 327 | 187 | 210 | 235 |
| Other Liabilities | 231 | 250 | 315 | 385 | 389 | 348 | 458 | 602 | 518 | 539 | 877 | 885 |
| Total Liabilities | 1,060 | 1,109 | 1,283 | 1,452 | 1,563 | 1,812 | 2,049 | 2,597 | 2,728 | 2,906 | 3,450 | 3,865 |
| Fixed Assets | 459 | 436 | 456 | 447 | 519 | 748 | 712 | 760 | 923 | 973 | 1,030 | 1,174 |
| CWIP | 7 | 51 | 10 | 25 | 83 | 66 | 124 | 205 | 139 | 158 | 262 | 181 |
| Investments | 0 | 0 | 0 | 0 | 0 | 6 | 43 | 0 | 0 | 198 | 299 | 474 |
| Other Assets | 594 | 623 | 817 | 980 | 962 | 992 | 1,170 | 1,630 | 1,665 | 1,576 | 1,859 | 2,036 |
| Total Assets | 1,060 | 1,109 | 1,283 | 1,452 | 1,563 | 1,812 | 2,049 | 2,597 | 2,728 | 2,906 | 3,450 | 3,865 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 41 | 170 | 111 | 145 | 283 | 316 | 365 | 5 | 573 | 518 | 421 | 333 |
| Cash from Investing Activity | -26 | -59 | -43 | -54 | -166 | -149 | -166 | -82 | -141 | -341 | -290 | -366 |
| Cash from Financing Activity | -17 | -110 | -57 | -90 | -119 | -144 | -165 | 59 | -264 | -189 | -157 | -51 |
| Net Cash Flow | -2 | 0 | 11 | 1 | -2 | 23 | 34 | -18 | 168 | -11 | -27 | -84 |
| Free Cash Flow | 15 | 116 | 68 | 89 | 115 | 174 | 258 | -150 | 429 | 362 | 205 | 198 |
| CFO/OP | 49% | 98% | 62% | 71% | 101% | 104% | 97% | 16% | 118% | 129% | 101% | 86% |
| 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 | 43 | 51 | 59 | 63 | 56 | 62 | 62 | 63 | 50 | 57 | 59 | 52 |
| Inventory Days | 68 | 72 | 79 | 75 | 68 | 72 | 91 | 103 | 78 | 82 | 95 | 76 |
| Days Payable | 50 | 59 | 63 | 71 | 59 | 60 | 80 | 75 | 52 | 66 | 81 | 62 |
| Cash Conversion Cycle | 61 | 64 | 75 | 67 | 65 | 73 | 72 | 91 | 76 | 73 | 73 | 66 |
| Working Capital Days | 4 | 27 | 31 | 39 | 41 | 43 | 50 | 63 | 55 | 64 | 52 | 47 |
| ROCE % | 23% | 26% | 25% | 28% | 24% | 25% | 19% | 24% | 17% | 16% | 14% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 70.93% | 70.92% | 70.91% | 70.91% | 70.91% | 70.91% | 70.91% | 70.91% | 70.92% | 70.91% | 70.91% | 70.91% |
| FIIs | 3.08% | 3.61% | 3.75% | 3.87% | 4.08% | 4.19% | 4.10% | 4.30% | 4.21% | 4.09% | 3.99% | 3.81% |
| DIIs | 12.56% | 12.43% | 12.73% | 12.71% | 12.99% | 12.98% | 12.94% | 12.70% | 12.90% | 13.04% | 13.11% | 13.52% |
| Public | 13.44% | 13.03% | 12.60% | 12.51% | 12.00% | 11.91% | 12.04% | 12.09% | 11.96% | 11.95% | 11.99% | 11.75% |
| No. of Shareholders | 63,396 | 59,611 | 58,029 | 56,328 | 52,091 | 50,875 | 51,956 | 51,272 | 49,547 | 48,423 | 47,746 | 46,661 |
Fundamentals
Market Cap₹ 8,159 Cr.
Current Price₹ 2,301
Stock P/E22.4
Book Value₹ 774
ROCE13.5 %
ROE10.9 %
Dividend Yield0.96 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)27%
Compounded Profit Growth (TTM)19%
Consolidated figures.
Valuation
Market capRs 8,427 Cr
Enterprise valueRs 8,388 Cr
P/E (TTM)23.82x
Price to book3.07x
Price to sales1.47x
EV / EBITDA13.91x
EV / EBIT17.72x
EV / sales1.46x
Price to cash flow25.33x
Earnings yield4.20%
Dividend yield0.93%
P/E, 3-year average23.54x
P/B, 3-year average2.91x
P/E, 5-year average26.19x
P/B, 5-year average3.91x
Profitability
Operating margin (excl. other income)8.91%
Operating margin (incl. other income)9.26%
EBITDA margin10.48%
Pre-tax margin7.64%
Net profit margin6.15%
Net margin, latest quarter9.31%
ROE10.47%
ROCE13.06%
ROA7.31%
ROE, 3-year average12.91%
ROCE, 3-year average15.54%
ROA, 3-year average9.20%
ROE, 5-year average15.81%
ROCE, 5-year average17.85%
ROA, 5-year average10.65%
ROIC (approx.)14.10%
Tax rate19.38%
Other income / net worth0.67%
Growth
Sales growth (latest year)24.26%
Profit growth (latest year)-12.31%
Sales CAGR, 3 years5.54%
Sales CAGR, 5 years13.52%
Profit CAGR, 3 years-11.13%
Profit CAGR, 5 years-2.41%
Sales growth QoQ35.54%
Profit growth QoQ165.77%
Sales growth YoY (latest quarter)39.44%
Profit growth YoY (latest quarter)108.73%
Per share
EPS (TTM)Rs 99.79
EPS (latest year)Rs 75.41
EPS (latest quarter)Rs 46.80
EPS, 3-year averageRs 82.15
EPS, 5-year averageRs 85.60
Book value per shareRs 774.18
Sales per shareRs 1,622.42
Cash flow per shareRs 93.83
Free cash flow per shareRs 55.85
Dividend per share (latest year)Rs 22.00
Dividend per share, 3-year averageRs 16.00
Dividend per share, 5-year averageRs 17.60
Dividends
Dividend payout29.17%
Dividend payout, 3-year average19.90%
Dividend payout, 5-year average20.89%
Efficiency
Asset turnover1.36x
Fixed asset turnover4.47x
Inventory turnover5.11x
Inventory days71 days
Debtor days52 days
Debtors turnover6.99x
Creditor days62 days
Cash conversion cycle66 days
Working capital days47 days
Leverage
Total debtRs 235 Cr
Cash and bankRs 275 Cr
Net debtRs -39 Cr
Debt to equity0.09x
Net debt / EBITDA-0.07x
Interest coverage14.09x
Current ratio (filing 2026-03-31)2.42x
Quick ratio (filing 2026-03-31)1.64x
Trade payables (filing 2026-03-31)Rs 651 Cr
Owners' fund to total sources71.02%
Debt to assets6.09%
Cash flow
Cash from Operating Activity (latest year)Rs 333 Cr
Cash from Investing Activity (latest year)Rs -366 Cr
Cash from Financing Activity (latest year)Rs -51 Cr
Net Cash Flow (latest year)Rs -84 Cr
Free cash flow (latest year)Rs 198 Cr
FCFE (approx.: FCF + change in debt)Rs 223 Cr
Cash from ops / profit, 5 years1.22x
Sales to cash flow15.77x
Statement figures
Net sales (TTM)Rs 5,752 Cr
Net sales (latest year)Rs 5,245 Cr
Sales (latest quarter)Rs 1,782 Cr
Operating profit excl. other income (latest year)Rs 467 Cr
Operating profit (latest quarter)Rs 249 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 603 Cr
PBDT (TTM)Rs 569 Cr
Profit before tax (TTM)Rs 440 Cr
Tax (latest year)Rs 64 Cr
Net profit (TTM)Rs 354 Cr
Net profit (latest year)Rs 267 Cr
Net profit (latest quarter)Rs 166 Cr
Depreciation (TTM)Rs 130 Cr
Depreciation (latest quarter)Rs 36 Cr
Interest (TTM)Rs 34 Cr
Cost of goods sold (latest year)Rs 4,054 Cr
Total expenditure (latest year)Rs 4,778 Cr
Total income (latest year)Rs 5,263 Cr
Share capitalRs 35 Cr
ReservesRs 2,709 Cr
Shareholders' fundsRs 2,745 Cr
Total assetsRs 3,865 Cr
Net blockRs 1,174 Cr
Capital work in progressRs 181 Cr
InvestmentsRs 474 Cr
ReceivablesRs 750 Cr
InventoryRs 794 Cr
Other liabilitiesRs 885 Cr
Shares outstanding (crore)3.55
Ownership
Promoter holding70.91% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 23.8 is at the 17th percentile of its own 8.8-year range
(median 27.5, low 19.1, high 45.3).
P/B 3.07 is at the 10th percentile (median 5.38).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | GALAXYSURF | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +5.8% | -2.8% | +8.6 pts |
| 1 month | +6.6% | -6.8% | +13.4 pts |
| 3 months | +16.0% | -7.6% | +23.6 pts |
| 6 months | +56.9% | +0.4% | +56.5 pts |
| 1 year | +6.0% | -9.9% | +15.9 pts |
| 2 years | -23.6% | -13.6% | -10.1 pts |
| 3 years | -6.5% | +14.2% | -20.7 pts |
| 5 years | -29.9% | +27.9% | -57.8 pts |
17 mutual fund schemes hold about ₹1,022 Cr.
Over three months 3 bought more and 12 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| Nippon India Small Cap Fund | 0.43% | 352 | +2% |
| Axis Small Cap Fund | 1.01% | 317 | -7% |
| ICICI Pru Value Fund | 0.29% | 176 | -1% |
| ICICI Pru Small Cap Fund | 0.69% | 68 | -7% |
| ICICI Pru Small Cap Fund | 0.69% | 66 | -7% |
| Groww Small Cap Fund | 1.79% | 14 | -22% |
| ICICI Pru FMCG Fund | 0.71% | 12 | -17% |
| ICICI Pru FMCG Fund | 0.71% | 11 | -17% |
| LIC MF Manufacturing Fund | 0.39% | 3 | +16% |
| iSIF Equity Long-Short Fund | 0.64% | 3 | +300% |
| Groww Value Fund(M | 1.68% | 1 | +33% |
| Motilal Oswal BSE 1000 Index Fund | 0.01% | 0 | -5% |
| Axis Multicap Fund | 0.00% | 0 | -100% |
| ICICI Pru Aggressive Hybrid Fund(A | 0.00% | 0 | -100% |
| ICICI Pru Manufacturing Fund | 0.00% | 0 | -100% |
| LIC MF Small Cap Fund | 0.00% | 0 | -100% |
| ICICI Pru Conservative Hybrid Fund | 0.00% | 0 | -100% |
Red flags
F-score 6 of 8No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹1,782 Cr +39.4% vs Jun 2025.
Net profit ₹166 Cr +110.1%.
Against our estimate for Jun 2026: sales +15.1%, profit +121.2% big beat. Our estimate for Sep 2026: sales Rs 1,686 Cr, profit Rs 82 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Pidilite Industries Ltd | 148,809 | 56.2 | 31.0 % |
| Gujarat Fluorochemicals Ltd | 48,402 | 78.4 | 9.64 % |
| Navin Fluorine International Ltd | 42,255 | 53.1 | 21.0 % |
| Aether Industries Ltd | 23,226 | 96.8 | 11.9 % |
| Deepak Nitrite Ltd | 20,854 | 26.3 | 11.4 % |
| Atul Ltd | 17,614 | 22.1 | 14.9 % |
| Aarti Industries Ltd | 17,045 | 32.6 | 6.86 % |
| Fine Organic Industries Ltd | 15,759 | 36.0 | 21.5 % |
| BASF India Ltd | 14,871 | 24.0 | 14.5 % |
| Privi Speciality Chemicals Ltd | 14,084 | 40.3 | 22.3 % |
| Anupam Rasayan India Ltd | 13,409 | 76.8 | 7.38 % |
| Vinati Organics Ltd | 12,173 | 24.4 | 21.4 % |
| Elantas Beck India Ltd | 10,820 | 60.9 | 21.2 % |
| Jubilant Ingrevia Ltd | 10,180 | 32.0 | 11.4 % |
| Alkyl Amines Chemicals Ltd | 9,111 | 40.5 | 16.6 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-07-31 | Dividend - Rs 22 Per Share | |
| 2025-08-01 | Dividend - Rs 4 Per Share | |
| 2025-03-20 | Interim Dividend - Rs 18 Per Share | |
| 2024-07-26 | Dividend - Rs 22 Per Share | |
| 2023-07-28 | Dividend - Rs 4 Per Share | |
| 2023-02-20 | Interim Dividend - Rs 18 Per Share | |
| 2022-07-21 | Dividend - Rs 18 Per Share | |
| 2021-08-31 | Annual General Meeting/Dividend - Rs 4 Per Share | |
| 2021-02-15 | Interim Dividend - Rs 14 Per Share | |
| 2020-03-23 | Interim Dividend - Rs 8 Per Share Special Dividend -Rs 6 Per Share | |
| 2019-08-01 | Annual General Meeting/Dividend - Rs 3 Per Share | |
| 2019-04-09 | Interim Dividend - Rs 5 Per Share | |
| 2018-08-01 | Annual General Meeting/Dividend- Rs 7 Per Share |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Galaxy Surfactants Ltd?
Galaxy Surfactants Ltd (GALAXYSURF) has a market capitalisation of Rs 8,159 Cr. at the 2026-10-01 close.
What is the P/E ratio of Galaxy Surfactants Ltd?
Galaxy Surfactants Ltd trades at a P/E of 22.4 on trailing twelve-month profit, at the 2026-10-01 close.
What were Galaxy Surfactants Ltd's latest quarterly results?
In the Jun 2026 quarter, Galaxy Surfactants Ltd sales was Rs 1,782 Cr (+39.4% vs Jun 2025) and net profit was Rs 166 Cr.
What is the 52-week high and low of Galaxy Surfactants Ltd?
The 52-week high is Rs 2,648.00 and the 52-week low is Rs 1,510.00.