Galaxy Bearings

Which are the latest news on Galaxy Bearings?

Why is Galaxy Bearings Ltd falling/rising?

As of 05-Sep, Galaxy Bearings Ltd's stock price is Rs 853.45, down 1.9%, with a significant decline in investor interest and negative financial results over recent quarters. The stock has underperformed its sector and benchmark, indicating poor long-term growth prospects and an expensive valuation compared to peers.

As of 05-Sep, Galaxy Bearings Ltd's stock price is falling, currently at Rs 853.45, which reflects a decrease of Rs 16.55 or 1.9%. This decline is evident in the stock's performance today, where it underperformed its sector by 2.09%, and it touched an intraday low of Rs 830.05, marking a drop of 4.59%. <BR><BR>The stock has shown a negative trend over various periods, with a 1-month decline of 6.07% and a year-to-date increase of 76.81%, which is overshadowed by a 4.44% drop over the past year. Additionally, the stock has consistently underperformed against the benchmark, with returns of -4.44% in the last year and -42.89% over the last three years.<BR><BR>Financially, the company has declared negative results for the last seven consecutive quarters, with net sales declining by 21.48% in the latest six months and a significant drop in profit after tax (PAT) by 39.52%. The company's long-term growth prospects appear poor, with net sales growing at an annual rate of -0.04% and operating profit decreasing by 16.55% over the past five years. Furthermore, the stock is trading at a premium compared to its peers, with a price-to-book value of 2.5, indicating an expensive valuation.<BR><BR>Investor participation has also decreased, as evidenced by a significant drop in delivery volume, which fell by 81.07% against the 5-day average. This lack of investor interest, combined with the company's poor financial performance and high valuation, contributes to the stock's current downward trend.

Who are in the management team of Galaxy Bearings?

The management team of Galaxy Bearings includes Chairman Jyotsnaben S Vachhani, Whole-time Director Bharatkumar K Ghodasara, and several Independent and Non-Executive Directors, totaling ten key members who contribute to the company's governance and strategy.

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 brings a diverse range of expertise to the company, contributing to its governance and strategic direction.

What does Galaxy Bearings do?

Galaxy Bearings Ltd manufactures and markets ball and taper roller bearings, operating as a Micro Cap company. As of June 2026, it reported net sales of 16 Cr and a net profit of 3 Cr.

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>Incorporated on 19th September 1990 in Gujarat, Galaxy Bearings Ltd established a Taper Roller Bearings & Cylindrical Roller Bearings manufacturing unit in Rajkot in 1993. The company shipped its first export consignment of tapered roller bearings in 2004 and installed its first automatic manufacturing line for tapered roller bearings in 2007. The latest quarterly results report net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 16 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 3 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 275 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 75.00<BR>- Industry P/E: 48<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.15<BR>- Return on Equity: 3.37%<BR>- Price to Book: 2.49<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

Who are the peers of the Galaxy Bearings?

Galaxy Bearings' peers include Rubfila Intl., Harri. Malayalam, Baroda Extrusion, Century Extrus., Elgi Rubber Co., Gayatri Rubbers, and Agarwal Toughene. In terms of management risk, Galaxy Bearings is rated as Good, with its 1-year return at -0.49%, better than Rubfila Intl. (-11.20%) but worse than Agarwal Toughene (0.00%).

Peers: The peers of Galaxy Bearings are Rubfila Intl., Harri. Malayalam, Baroda Extrusion, Century Extrus., Elgi Rubber Co, Gayatri Rubbers, and Agarwal Toughene.<BR><BR>Quality Snapshot: Excellent management risk is observed at Rubfila Intl., Baroda Extrusion, Century Extrus., Gayatri Rubbers, and Agarwal Toughene, while Good management risk is found at Galaxy Bearings. Below Average management risk is noted at Harri. Malayalam and Elgi Rubber Co. Growth is Excellent at Agarwal Toughene, Good at Baroda Extrusion and Gayatri Rubbers, and Below Average at Rubfila Intl., Galaxy Bearings, Harri. Malayalam, Century Extrus., and Elgi Rubber Co. Capital Structure is Excellent at Rubfila Intl. and Agarwal Toughene, Average at Century Extrus., and Below Average at Baroda Extrusion, Harri. Malayalam, Elgi Rubber Co., and Galaxy Bearings.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Agarwal Toughene at 0.00%, while the lowest is Rubfila Intl. at -11.20%. Galaxy Bearings has a 1-year return of -0.49%, which is better than Rubfila Intl. but worse than Agarwal Toughene. Additionally, Elgi Rubber Co., Gayatri Rubbers, and Agarwal Toughene have a six-month return of 0.00%.

How big is Galaxy Bearings?

As of 31st August, Galaxy Bearings Ltd has a market capitalization of 275.00 Cr, with recent net sales of 66.58 Cr and a net profit of 3.71 Cr. Shareholder's funds are 106.77 Cr, and total assets amount to 149.75 Cr as of March 2025.

As of 31st August, Galaxy Bearings Ltd has a market capitalization of 275.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Galaxy Bearings reported Net Sales of 66.58 Cr and a Net Profit of 3.71 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 106.77 Cr and Total Assets of 149.75 Cr.

Should I buy, sell or hold Galaxy Bearings Ltd?

Are Galaxy Bearings Ltd latest results good or bad?

Galaxy Bearings Ltd's latest results are concerning, showing a 73.91% decline in net profit to ₹1.08 crore and a 30.45% drop in net sales to ₹20.83 crore year-on-year, indicating significant challenges in profitability and market position.

The latest results for Galaxy Bearings Ltd indicate a troubling performance. In Q4 FY26, the company reported a net profit of ₹1.08 crore, which represents a significant decline of 73.91% year-on-year. Additionally, net sales fell by 30.45% to ₹20.83 crore compared to the same quarter last year, despite a sequential recovery of 41.70% from the previous quarter.<BR><BR>The operating margin also saw a decrease, standing at 21.12%, down from 21.97% in Q4 FY25. More concerning is the PAT margin, which dropped to 5.18% from 13.82% a year ago, reflecting severe pressure on profitability.<BR><BR>Overall, the financial performance highlights significant challenges for the company, with deteriorating sales and profits indicating structural issues in the business. This trend raises concerns about the company's ability to recover and maintain its market position in the face of ongoing demand challenges in the industrial bearings sector.

When is the next results date for Galaxy Bearings Ltd?

The next results date for Galaxy Bearings Ltd is 07 August 2026.

The next results date for Galaxy Bearings Ltd is scheduled for 07 August 2026.

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.

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.

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.

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%.

Has Galaxy Bearings declared dividend?

No Dividend History Available