Galaxy Bearings

Who are the top shareholders of the Galaxy Bearings?

The top shareholders of Galaxy Bearings include Shetal Devang Gor with 11.24% and Forge And Forge Private Limited with 2.59%. Individual investors own 38.4% of the shares, with no pledged promoter holdings and one Foreign Institutional Investor holding 0.27%.

The top shareholders of Galaxy Bearings include Shetal Devang Gor, who holds the highest promoter stake at 11.24%. Additionally, Forge And Forge Private Limited is the largest public shareholder with a holding of 2.59%. The company also has individual investors collectively owning 38.4% of the shares. Notably, there are no pledged promoter holdings and the company is held by one Foreign Institutional Investor (FII) at 0.27%.

Who are in the management team of Galaxy Bearings?

As of March 2023, the management team of Galaxy Bearings includes Chairman Jyotsnaben S Vachhani, along with several independent and non-executive directors, and a whole-time director, Bharatkumar K Ghodasara, reflecting a diverse governance structure.

As of March 2023, the management team of Galaxy Bearings includes the following individuals:<BR><BR>1. Jyotsnaben S Vachhani - Chairman & Independent Director<BR>2. Jitendra V Shah - Independent Director<BR>3. Pradip C Khatani - Independent Director<BR>4. Shetal Devang Gor - Non Executive Director<BR>5. Tuhina Rimal Bera - Non Executive Director<BR>6. Bharatkumar K Ghodasara - Whole-time Director<BR>7. Devang Gor - Non Executive Director<BR>8. Jeel Kishorbhai Poshiya - Company Secretary & Compliance Officer<BR>9. Kartik Kumar Vinodchandra - Independent Director<BR>10. Deepa Shah - Independent Director<BR><BR>This team comprises a mix of independent directors, non-executive directors, and a whole-time director, reflecting a diverse governance structure.

When is the next results date for Galaxy Bearings?

No Upcoming Board Meetings

Has Galaxy Bearings declared dividend?

No Dividend History Available

Who are the peers of the Galaxy Bearings?

Galaxy Bearings' peers include Timken India, SKF India, Grindwell Norton, Carborundum Uni., Borosil Renew., Century Extrus., Shilp Gravures, Baroda Extrusion, and Gayatri Rubbers. Management risk varies from excellent at SKF India to below average at Borosil Renew, with Galaxy Bearings showing average growth and a 1-year return of -34.07%.

Peers: The peers of Galaxy Bearings are Timken India, SKF India, Grindwell Norton, Carborundum Uni., Borosil Renew., Century Extrus., Shilp Gravures, Baroda Extrusion, and Gayatri Rubbers.<BR><BR>Quality Snapshot: Excellent management risk is observed at SKF India, while Good management risk is found at Timken India, Grindwell Norton, Carborundum Uni., Century Extrus., and Galaxy Bearings, and Average management risk is noted at Shilp Gravures and Gayatri Rubbers. Below Average management risk is present at Borosil Renew. Growth is Average at Galaxy Bearings, while Below Average growth is seen at Timken India, SKF India, Grindwell Norton, Carborundum Uni., Century Extrus., and Shilp Gravures. Gayatri Rubbers shows Good growth, while Borosil Renew. has Below Average growth. Capital Structure is Excellent at Timken India, SKF India, Grindwell Norton, Carborundum Uni., and Galaxy Bearings, Average at Borosil Renew., and Below Average at Century Extrus.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Shilp Gravures at 68.08%, while the lowest is Carborundum Uni. at -40.69%. Galaxy Bearings has a 1-year return of -34.07%, which is higher than Carborundum Uni. but lower than Shilp Gravures. Additionally, the six-month return is negative for Timken India, SKF India, Grindwell Norton, Carborundum Uni., and Galaxy Bearings.

What is the technical trend for Galaxy Bearings?

As of May 7, 2025, Galaxy Bearings shows a mildly bearish trend, with daily moving averages indicating bearishness, while weekly indicators present mixed signals, suggesting overall weak bearish sentiment in the short term.

As of 7 May 2025, the technical trend for Galaxy Bearings has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend, while the weekly MACD and Bollinger Bands show a mildly bullish signal. The weekly RSI remains bearish, which adds to the overall caution. The KST is also mildly bullish on the weekly timeframe, but the monthly indicators, including MACD and Bollinger Bands, remain bearish. Overall, the mixed signals suggest a weak bearish sentiment in the short term.

What does Galaxy Bearings do?

Galaxy Bearings Ltd manufactures and markets Ball and Taper Roller Bearings, with a recent net sales of 300 Cr and net profit of 41 Cr as of March 2025. The company, classified as a Micro Cap, was established in 1990 and operates a manufacturing unit in Rajkot.

Overview: <BR>Galaxy Bearings Ltd is engaged in the manufacturing and marketing of Ball and Taper Roller Bearings, operating within the Industrial Products sector and classified as a Micro Cap company.<BR><BR>History: <BR>Galaxy Bearings Ltd was incorporated on 19th September 1990 in Gujarat. The company has established a manufacturing unit for Taper Roller Bearings and Cylindrical Roller Bearings in Rajkot in 1993. The latest quarter for which sales and profit are reported is March 2025, showing significant business activity.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 300 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 41 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 296 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>P/E: 21.00 <BR>Industry P/E: 55 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.03 <BR>Return on Equity: 12.85% <BR>Price to Book: 2.71 <BR><BR>Contact Details: <BR>Address: T-16 Vikram Chambers, Ashram Road Ahmedabad Gujarat : 380009 <BR>Tel: +91-925018030 <BR>Email: investor.gbl@gmail.com <BR>Website: http://www.galaxybearings.com

How big is Galaxy Bearings?

As of 24th July, Galaxy Bearings Ltd has a market capitalization of 294.00 Cr, with Net Sales of 104.22 Cr and a Net Profit of 13.72 Cr reported in the latest four quarters.

As of 24th July, Galaxy Bearings Ltd has a market capitalization of 294.00 Cr, classifying it as a Micro Cap company.<BR><BR>In the latest four quarters, Galaxy Bearings reported Net Sales of 104.22 Cr and a Net Profit of 13.72 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 93.23 Cr and Total Assets of 126.27 Cr.

Are Galaxy Bearings latest results good or bad?

Galaxy Bearings' latest results are concerning, showing a net loss of ₹2.15 crores in Q2 FY26, a 183% decline from the previous quarter's profit, with revenues down 10.60% quarter-on-quarter and 57.99% year-on-year. The negative operating margin and reduced return on equity indicate significant operational challenges and a troubling outlook for profitability.

Galaxy Bearings' latest results are concerning and indicate a significant decline in performance. In the second quarter of FY26, the company reported a net loss of ₹2.15 crores, which marks a drastic 183% drop compared to the previous quarter's profit of ₹2.59 crores. Revenue also fell sharply by 10.60% quarter-on-quarter and a staggering 57.99% year-on-year, bringing total sales down to ₹15.10 crores, the lowest in over two years.<BR><BR>The operating margin turned negative at -9.47%, a stark contrast to the positive margins seen in previous quarters. This deterioration suggests serious issues with operational efficiency and market competitiveness. Additionally, the company's return on equity has declined to 12.17%, below its five-year average of 18.89%, reflecting reduced capital efficiency.<BR><BR>Overall, these results raise fundamental concerns about Galaxy Bearings' ability to navigate current market challenges and restore profitability. The combination of declining revenues, negative operating margins, and a significant year-on-year loss indicates that the latest results are indeed bad for the company.

Is Galaxy Bearings overvalued or undervalued?

As of October 27, 2025, Galaxy Bearings is considered overvalued with a PE Ratio of 40.13 and poor performance, having a year-to-date return of -26.77%, compared to the Sensex's gain of 8.50%.

As of 27 October 2025, Galaxy Bearings has moved from a fair to an expensive valuation grade. The company is currently overvalued based on its financial metrics. Key ratios include a PE Ratio of 40.13, an EV to EBITDA of 22.15, and a ROCE of 16.59%. In comparison to its peers, Schaeffler India has a significantly higher PE Ratio of 60.74, while SKF India, which is classified as very attractive, has a much lower PE Ratio of 20.48.<BR><BR>The recent performance of Galaxy Bearings has been poor, with a year-to-date return of -26.77%, contrasting sharply with the Sensex's gain of 8.50% over the same period. This underperformance, coupled with its high valuation ratios, reinforces the conclusion that the stock is overvalued in the current market environment.

How has been the historical performance of Galaxy Bearings?

Galaxy Bearings experienced a decline in net sales and profitability from Mar'24 to Mar'25, with net sales dropping from 127.12 Cr to 104.22 Cr and profit after tax falling from 18.84 Cr to 13.71 Cr. However, total assets and book value per share increased, indicating growth in the company's balance sheet despite the profitability challenges.

Answer:<BR>The historical performance of Galaxy Bearings shows a fluctuating trend in net sales, with a peak of 127.12 Cr in Mar'24 and a decline to 104.22 Cr in Mar'25. The total operating income followed a similar pattern, decreasing from 127.12 Cr in Mar'24 to 104.22 Cr in Mar'25. The raw material cost also decreased from 63.35 Cr in Mar'24 to 45.42 Cr in Mar'25, contributing to a total expenditure reduction from 106.22 Cr to 85.05 Cr over the same period. Operating profit, excluding other income, was 19.17 Cr in Mar'25, slightly down from 20.90 Cr in Mar'24, while the overall operating profit decreased from 27.73 Cr to 21.70 Cr. Profit before tax dropped from 25.42 Cr in Mar'24 to 18.53 Cr in Mar'25, leading to a profit after tax of 13.71 Cr in Mar'25 compared to 18.84 Cr in Mar'24. The earnings per share (EPS) also fell from 59.25 in Mar'24 to 43.11 in Mar'25. On the balance sheet, total assets increased from 126.27 Cr in Mar'24 to 149.75 Cr in Mar'25, while total liabilities rose from 126.27 Cr to 149.75 Cr, primarily due to an increase in short-term borrowings. The book value per share improved from 293.17 in Mar'24 to 335.75 in Mar'25, indicating a strengthening equity position despite the decline in profitability.<BR><BR>Breakdown:<BR>Galaxy Bearings experienced a decline in net sales from 127.12 Cr in Mar'24 to 104.22 Cr in Mar'25, with total operating income reflecting this decrease. The raw material costs also fell, contributing to a reduction in total expenditure. Operating profit, excluding other income, decreased slightly, while profit before tax and profit after tax both saw declines. Despite these profitability challenges, the company's total assets and liabilities increased, indicating growth in its balance sheet. The book value per share rose, suggesting an improvement in equity, even as earnings per share fell significantly. Overall, the company faced a mixed performance with declining profitability but an expanding asset base.

Should I buy, sell or hold Galaxy Bearings?

Why is Galaxy Bearings Ltd falling/rising?

As of 20-Jan, Galaxy Bearings Ltd's stock price is declining due to significant financial losses, a 52.93% drop over the past year, and negative trends in stock movement and investor interest. The company's poor performance is highlighted by a 57.99% decrease in net sales and a low inventory turnover ratio.

As of 20-Jan, Galaxy Bearings Ltd's stock price is falling, currently at 474.00, reflecting a decrease of 8.4 or 1.74%. This decline can be attributed to several factors highlighted in the source data. <BR><BR>Firstly, the stock has experienced a significant drop of 52.93% over the past year, which indicates a poor performance compared to the broader market, as the Sensex has gained 6.63% during the same period. Additionally, the stock has fallen after four consecutive days of gains, suggesting a reversal in trend. <BR><BR>The company has also reported very negative financial results, with net sales plummeting by 57.99% and consecutive negative results for the last four quarters. This has led to a substantial decline in profits, with a reported fall of 68.2%. The negative performance is further evidenced by the company's low inventory turnover ratio of 0.33 times, indicating inefficiencies in managing inventory.<BR><BR>Moreover, the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend. The delivery volume has also decreased by 14.22% against the 5-day average, indicating falling investor participation.<BR><BR>In summary, the combination of poor financial performance, negative trends in stock movement, and declining investor interest are key reasons for the falling stock price of Galaxy Bearings Ltd.

Which are the latest news on Galaxy Bearings?