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    Chemicals - Specialty
Galaxy Surfactants Limited

Galaxy Surfactants Limited

GALAXYSURF.BO
Galaxy Surfactants LimitedIN flagBombay Stock Exchange
2,000.20
INR
+9.05
- -
70.82BMarket Cap
Galaxy Surfactants Limited
GALAXYSURF.BO
(Bombay Stock Exchange)

Recent

price

2,000.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
445.85
478.72
528.54
508.23
603.05
680.52
770.51
722.97
774.32
1,030.25
1,249.2
1,061.84
1,191.29
1,480.19
1,479.97
Revenue per Share
0.08
21.43
19.03
28.97
41.65
44.57
53.87
64.99
85.22
74.12
107.46
85.03
86
75.41
75.4
Basic EPS, GAAP
3.27
34.82
6.69
31.07
18.79
24.66
32.15
49.15
72.63
-42.38
120.4
101.59
56.93
55.2
- -
Free Cash Flow per Basic Share
2.9
1.18
4.66
10.74
4.88
3.58
8.39
26.5
13.96
4.02
35.96
4.03
38.1
5.94
- -
Dividend per Share
10
10
10
118.62
155.04
195.77
235.04
278.92
349.78
420.23
491.66
567.99
612.05
10
10
Book Value per Share
67.34
86.3
102.85
123.97
159.75
200.79
245.16
298.84
364.71
441.74
528.67
612.56
664.56
771.78
771.67
Tangible Book Value per Share
35
35
35
35
35
35
35
35
35
35
35
35
35
35
35
Basic Weighted Avg Shares
15,807
16,973
18,739
18,019
21,376
24,128
27,318
25,633
27,454
36,527
44,290
37,647
42,237
52,483
52,483
Sales/Revenue/Turnover
4.59
9.65
8.02
10.6
10.57
9.96
11.1
12.02
13.97
9.12
11.04
9.65
8.85
6.71
6.71
Operating Margin (%)
500
553
451
452
472
485
512
622
740
711
834
998
1,103
1,230
1,231
Depreciation Expense
3
760
675
1,027
1,476
1,580
1,910
2,304
3,021
2,628
3,810
3,015
3,049
2,674
2,674
Net Income, GAAP
98.52
38.23
39.93
37.17
28.83
27.76
31.02
20.23
18.85
20.2
19.45
19.71
19.86
19.38
19.38
Effective Tax Rate (%)
0.02
4.48
3.6
5.7
6.91
6.55
6.99
8.99
11.01
7.19
8.6
8.01
7.22
5.09
5.09
Profit Margin (%)
-115
482
541
1,517
2,073
2,894
3,384
3,658
5,376
7,048
9,220
10,989
11,152
14,264
14,264
Working Capital
2,215
2,041
1,411
1,936
1,284
722
892
1,363
942
1,279
1,362
930
759
634
634
LT Debt
2,413
3,222
3,779
4,503
5,749
7,188
8,767
10,678
13,014
15,744
18,826
21,792
23,625
27,448
27,448
Total Equity
- -
13.84
11.5
14.18
17.57
17.07
18.5
18.46
20.35
14.8
18.68
12.75
12.12
10.21
10.21
Return on Invested Capital (%)
- -
20
17.95
17.91
18.82
18.14
19.44
19.68
21.39
15.76
19.88
14.86
13.98
22.05
22.05
Return on Capital (%)
- -
214.35
190.26
45.05
30.43
25.41
25.01
25.29
27.11
19.25
23.57
16.05
14.58
24.25
24.25
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
1,945
- -
1,721
LT Borrowings
114
- -
57
LT Finance Leases
617
- -
577
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
35
- -
35
Market Capitalization
77,624
72,172
53,714

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
23,615
- -
24,428
Cash, Cash Equivalents & STI
6,547
- -
7,552
Accounts Receivable, Net
7,187
- -
7,504
Inventories
8,226
- -
7,937
Total Current Liabilities
11,264
- -
10,164
Payables & Accruals
- -
- -
- -
ST Debt
1,945
- -
1,721
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19.92%
16.18%
16.18%
Free Cash Flow
-48.23%
-121.02%
-3.04%
Net Income, GAAP
12.33%
-0.02%
-12.31%
Sales/Revenue/Turnover
12.14%
15.15%
24.26%
Total Cash Common Dividend
161.88%
279.4%
-84.42%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,418
9,831
9,405
8,994
37,647
2025
9,741
10,630
10,417
11,449
42,237
2026
12,779
13,262
13,295
13,147
52,483

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
21.2
21.84
20.13
- -
85.03
2025
22.48
23.9
18.22
21.4
86
2026
22.42
18.75
16.63
17.6
75.41

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4.03
2025
- -
- -
- -
- -
38.1
2026
- -
- -
- -
- -
5.94
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Business
Galaxy Surfactants Limited manufactures and markets performance surfactants and specialty chemicals exclusively for the home and personal care industry worldwide. The company produces a comprehensive portfolio exceeding 200 products, including anionic, non-ionic, cationic, and amphoteric surfactants; mild surfactants; rheology modifiers; pearlising agents; conditioning agents; protein and quat-based blends; as well as specialty care ingredients for skincare, haircare, oral care, body wash, sun care, household cleaners, and fabric care applications. Founded in 1980 and headquartered in Navi Mumbai, Maharashtra, India, Galaxy Surfactants operates five manufacturing facilities in India, one in Egypt, and one in the United States, serving over 1,750 customers across 115 countries with sales offices in India, the US, Netherlands, and Colombia. In March 2025, the company entered a strategic collaboration through group entities with a global customer to deliver end-to-end engineering, procurement, and construction services for a new performance surfactants and specialty ingredients manufacturing plant at an overseas location, with advanced discussions underway for expanded long-term partnerships. Galaxy Surfactants maintains an innovation center in Navi Mumbai focused on new product development and holds over 80 patents since 2000; it previously acquired US-based specialty chemical firm TRI-K Inc. in 2009 and continues capacity expansions at plants including Dahej to support export growth. The company emphasizes sustainability through zero liquid discharge facilities and targets growth in beauty, wellness, skincare, sun care, and cosmetics via strategic alliances, direct-to-consumer brands, and private labels in developed markets.