Galaxy Surfactants Ltd logo

Galaxy Surfactants Ltd

GALAXYSURF NSE

Key Fundamentals

MicrocapSpecialty ChemicalsChemicals
Market Cap
₹8,486 Cr
Volatility
High Risk
P/E Ratio
24.48
EBITDA
₹497 Cr
Return on Equity
9.74%
Debt to Equity
0.09
Book Value
₹774.18
EPS
₹86.31
52W High
₹2,648
52W Low
₹1,510

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

2
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 19.9%

Weaknesses

1
  • Company has a low return on equity of 12.9% over last 3 years.

Growth Rate

Revenue Growth
24.20% ↘
Net Income Growth
-12.30% ↘
Cash Flow Change
-20.89% ↘
ROE
-24.55% ↘
ROCE
-21.19% ↘
EBITDA Margin (Avg.)
-21.50% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 42d ago
AI opinion · based on fundamentals
Risk medium

Galaxy Surfactants Ltd is a nearly debt-free specialty chemicals company with a market cap of ₹7,361 Cr, trading at a PE of 27.2x. While TTM sales grew 24%, compounded profit has declined 9% TTM and ROE has trended down from 18% (10-year average) to 11% last year, reflecting margin pressures in the commodities segment.

Bull Case 8
  • Company is almost debt free, providing strong balance sheet resilience and financial flexibility in a cyclical commodities business
  • TTM sales growth of 24% indicates robust top-line momentum and demand recovery for surfactant products
  • 10-year compounded sales CAGR of 11% demonstrates consistent long-term revenue growth trajectory
  • 5-year compounded sales CAGR of 14% shows acceleration in medium-term revenue generation
  • 10-year compounded profit CAGR of 10% reflects a historically profitable business model over longer cycles
  • Price-to-book ratio of 2.65x is moderate for a specialty chemicals company with near-zero debt, suggesting assets are not excessively priced
  • 10-year average ROE of 18% indicates the company has historically generated strong returns on shareholder equity
  • Dividend yield of 1.07% provides some income return in a sector where many peers pay no dividends
Bear Case 8
  • Compounded profit has declined 9% on a TTM basis and 10% over 3 years, indicating sustained earnings deterioration despite revenue growth
  • ROE has fallen sharply from 18% (10-year average) to 11% last year, signaling weakening capital efficiency and margin compression
  • Stock price CAGR of -21% over 1 year and -8% over 3 and 5 years shows persistent negative shareholder returns
  • 3-year ROE average of only 13% compared to 10-year average of 18% indicates a structural decline in profitability rather than a one-off event
  • PE of 27.2x appears elevated relative to declining earnings — profit compounding at -2% over 5 years does not support a growth multiple
  • Dividend payout of only 10.2% of profits over last 3 years is low, limiting shareholder returns in a period of negative stock price performance
  • 5-year compounded profit CAGR of -2% indicates the company has failed to grow earnings even over a medium-term horizon
  • Widening gap between sales growth (6% 3-year CAGR) and profit growth (-10% 3-year CAGR) points to significant margin erosion from raw material or competitive pressures

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 42d ago
Neutral 1
  • Chennai non-deal roadshow planned Jun 22

    Galaxy Surfactants officials will attend a Non-Deal Roadshow in Chennai on June 25, 2026. Discussions will be based solely on publicly available information.

TL;DR: Limited recent news flow for Galaxy Surfactants with only a routine investor roadshow announced. No material headwinds or positive catalysts identified in the current news cycle. The absence of negative developments is mildly reassuring, but investors should watch for upcoming quarterly results and raw material cost trends for directional cues.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
942
983
940
929
974
1,063
1,042
1,145
1,278
1,326
1,329
1,315
1,782
Expenses
819
858
828
827
850
935
936
1,018
1,154
1,216
1,210
1,193
1,533
Operating Profit
123
125
112
102
124
128
106
127
124
110
119
122
249
OPM %
13%
13%
12%
11%
13%
12%
10%
11%
10%
8%
9%
9%
14%
Other Income
2
3
6
24
5
9
4
8
11
6
-7
0
3
Interest
6
5
6
5
4
4
5
6
7
7
9
8
9
Depreciation
24
25
25
26
27
28
28
28
29
30
31
33
36
PBT
96
98
88
94
99
104
77
100
99
79
73
80
207
Tax %
22%
21%
19%
18%
19%
19%
16%
24%
20%
16%
19%
22%
20%
Net Profit
75
77
71
78
80
85
65
76
79
66
59
62
166
EPS in Rs
21.2
21.84
20.13
21.86
22.48
23.89
18.22
21.4
22.42
18.75
16.63
17.61
46.8
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
1,870
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
1,681
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
190
236
271
288
353
369
449
401
568
462
484
467
601
OPM %
10%
13%
13%
12%
13%
14%
16%
11%
13%
12%
11%
9%
10%
Other Income
2
6
10
10
5
6
11
13
10
35
26
18
2
Interest
34
34
27
31
30
24
13
13
22
22
19
31
34
Depreciation
45
45
47
49
51
62
74
71
83
100
110
123
130
PBT
112
163
207
219
277
289
372
329
473
375
380
332
440
Tax %
40%
37%
29%
28%
31%
20%
19%
20%
19%
20%
20%
19%
—
Net Profit
67
103
148
158
191
230
302
263
381
301
305
267
354
EPS in Rs
19.03
28.97
41.64
44.57
53.87
64.99
85.22
74.12
107
85.03
86
75.41
99.79
Div. Payout %
21%
31%
14%
16%
15%
22%
21%
24%
20%
26%
5%
29%
—
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
41
170
111
145
283
316
365
5
573
518
421
333
Investing
-26
-59
-43
-54
-166
-149
-166
-82
-141
-341
-290
-366
Financing
-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
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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%

Shareholding Pattern

As of Jun 2026
Promoters 70.90%
DIIs 13.52%
Public 8.37%
FIIs 3.82%
Others 3.39%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
70.93%
70.93%
70.93%
70.93%
70.93%
70.93%
70.93%
70.93%
70.93%
70.93%
70.92%
70.92%
70.91%
70.91%
70.91%
70.91%
70.91%
70.91%
70.91%
70.91%
70.90%
70.90%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
3.76%
3.87%
4.08%
4.19%
4.09%
4.29%
4.22%
4.09%
3.99%
3.82%
DIIs
13.21%
12.81%
12.88%
12.79%
13.14%
13.01%
12.19%
12.72%
12.14%
12.15%
12.07%
12.17%
12.73%
12.71%
12.99%
12.98%
12.95%
12.70%
12.90%
13.05%
13.10%
13.52%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
8.46%
9.24%
9.49%
9.79%
9.58%
9.67%
9.67%
9.81%
9.76%
9.69%
9.64%
9.25%
9.07%
9.01%
8.75%
8.71%
8.64%
8.64%
8.46%
8.54%
8.62%
8.37%
Others
7.40%
7.02%
6.70%
6.50%
6.35%
6.38%
7.21%
6.54%
7.18%
7.24%
7.36%
7.65%
3.53%
3.49%
3.27%
3.21%
3.41%
3.45%
3.51%
3.41%
3.39%
3.39%
No. of Shareholders
41,546
54,870
60,512
64,375
62,531
62,895
63,034
64,787
64,037
63,855
63,396
59,611
58,029
56,328
52,091
50,875
51,956
51,272
49,547
48,423
47,746
46,661

Documents

1
Concall - May 2018 May 2018
2
Concall - May 2018 May 2018
3
Concall - Nov 2018 Nov 2018
4
Concall - May 2019 May 2019
5
Concall - Nov 2020 Nov 2020

Frequently Asked Questions about Galaxy Surfactants Ltd

What does Galaxy Surfactants Ltd do?
Galaxy Surfactants Ltd was Incorporated in 1986. It’s a leading manufacturer of Performance Surfactants and Specialty Care products with over 205 product grades. These products are used in consumer-centric Home and Personal care products like hair care, oral care, skin care, cosmetics, soap, sham...
Where is Galaxy Surfactants Ltd (GALAXYSURF) listed?
Galaxy Surfactants Ltd is listed on the Indian stock exchanges. It is listed on NSE: GALAXYSURF and BSE: 540935. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Galaxy Surfactants Ltd belong to?
Galaxy Surfactants Ltd operates in the Chemicals sector within the Specialty Chemicals industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Galaxy Surfactants Ltd?
Galaxy Surfactants Ltd has a market capitalisation of approximately ₹8485.74 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Galaxy Surfactants Ltd?
The Price-to-Earnings (PE) ratio of Galaxy Surfactants Ltd is 24.48. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Galaxy Surfactants Ltd?
Over the past 52 weeks, Galaxy Surfactants Ltd has traded between a low of ₹1,510 and a high of ₹2,648. This range helps investors understand the stock's price volatility and recent trading levels.
Does Galaxy Surfactants Ltd pay dividends?
Yes, Galaxy Surfactants Ltd has a dividend yield of 0.92%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Galaxy Surfactants Ltd?
Galaxy Surfactants Ltd has a Return on Equity (ROE) of 9.74%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Galaxy Surfactants Ltd on Tapetide?
On Tapetide, you can view Galaxy Surfactants Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Galaxy Surfactants Ltd was Incorporated in 1986. It’s a leading manufacturer of Performance Surfactants and Specialty Care products with over 205 product grades. These products are used in consumer-centric Home and Personal care products like hair care, oral care, skin care, cosmetics, soap, shampoo, lotion, detergent, cleaning products, etc. Preferred suppliers to leading MNC’s, Regional and Local FMCG brands.[1] The company is India’s Largest Manufacturer of Oleo chemical-based Surfactants and Specialty Care Products for Home Care and Personal Care Industries [2]

Website galaxysurfactants.com
CEO Mr. Natarajan Krishnan Kulumani A.I.C.W.A, B.Com..
Employees 1,785
Listed 2018-02-08
Face Value ₹ 10
Issued Size 3,54,54,752

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