526073

Galaxy Bearings financials

Market cap
₹290 Cr
Sector
Capital Goods

What Galaxy Bearings does

Galaxy Bearings Limited has manufactured Taper Roller Bearings and Cylindrical Roller Bearings since 1990, offering a range of bearings for different market segments in India and overseas. Production is carried out at a single facility in Shapur, Dist. Rajkot (Gujarat), equipped with Special Purpose Machines (SPMs) and an in-house testing laboratory. The company holds IATF 16949, ISO 14001 and ISO 45001 certifications and has been recognised with a One Star Export House Certificate for its export performance.

Manufacturing plant
1 (Shapur, Dist. Rajkot, Gujarat)
Product lines
Taper Roller Bearings, Cylindrical Roller Bearings
Export recognition
One Star Export House Certificate
Quality certifications
IATF 16949, ISO 14001, ISO 45001
In-house facilities
SPM-equipped production plant with in-house testing laboratory
Founded 1990Headquarters Ahmedabad, Gujarat, India Company website

Quarterly results

Q1 FY27: revenue down 5.6%, net profit up 15.4% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue36 16 30 17 15 −58%15 −6%21 −30%16 −6%
EBITDA6 4 7 2 -1 −126%2 −61%4 −33%2 −7%
Net profit5 2 4 3 -2 −145%2 +17%1 −74%3 +15%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +2.8% 1Y

₹0.4k₹0.6k₹0.8k₹1.0kSept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹890.5 on 10 Sept 2025 → ₹915.05. High ₹1,087.95 (7 Jul 2026), low ₹430.05 (30 Mar 2026).

Financials, as filed

Revenue fell 17.1% a year over 3 years, FY23 to FY26. Operating margin narrowed to 9.6%.

Year endingFY23FY24FY25FY26
Revenue₹119 Cr₹127 Cr₹104 Cr₹68 Cr
Operating profit₹21 Cr₹21 Cr₹19 Cr₹6 Cr
Operating margin17.7%16.4%18.4%9.6%
Interest₹0 Cr₹1 Cr₹1 Cr₹2 Cr
Depreciation₹2 Cr₹2 Cr₹2 Cr₹2 Cr
Net profit₹16 Cr₹19 Cr₹14 Cr₹3 Cr
Net margin13.4%14.8%13.2%4.9%
Cash from operations₹24 Cr₹5 Cr₹-2 Cr₹20 Cr
Free cash flow₹11 Cr₹-10 Cr₹-8 Cr₹15 Cr
ROCE31.3%27.7%16.1%5.2%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹3 Cr₹3 Cr₹3 Cr₹3 Cr₹3 Cr₹3 Cr
Reserves₹42 Cr₹55 Cr₹71 Cr₹90 Cr₹104 Cr₹107 Cr
Borrowings₹3 Cr₹3 Cr₹4 Cr₹16 Cr₹27 Cr₹18 Cr
Other liabilities₹11 Cr₹13 Cr₹18 Cr₹17 Cr₹11 Cr₹11 Cr
Total liabilities₹60 Cr₹75 Cr₹97 Cr₹126 Cr₹145 Cr₹140 Cr
Fixed assets₹12 Cr₹12 Cr₹12 Cr₹12 Cr₹12 Cr₹11 Cr
Capital work in progress₹0 Cr₹0 Cr₹12 Cr₹26 Cr₹31 Cr₹31 Cr
Investments₹8 Cr₹8 Cr₹20 Cr₹26 Cr₹36 Cr₹35 Cr
Other assets₹40 Cr₹54 Cr₹54 Cr₹63 Cr₹65 Cr₹63 Cr
Total assets₹60 Cr₹75 Cr₹97 Cr₹126 Cr₹145 Cr₹140 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, promoters added +0.57 pp while the public trimmed −0.42 pp. The shareholder count shrank 10% to 10,186.

Promoters
46.8%
FIIs
0.1%
DIIs
0.4%
Public
52.7%

Since Jun 2025

  • Promoters +0.57 pp
  • Public −0.42 pp
  • FIIs −0.15 pp

How it drifted, 12 quarters

Over this window promoters fell from 55.0% to 46.8% — −8.1 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 55.0%, DIIs 0.4%, Public 44.7%.Dec '23: Promoters 55.0%, DIIs 0.4%, Public 44.7%.Mar '24: Promoters 55.0%, FIIs 0.1%, DIIs 0.4%, Public 44.6%.Jun '24: Promoters 55.0%, FIIs 0.1%, DIIs 0.4%, Public 44.5%.Sep '24: Promoters 46.3%, FIIs 0.2%, DIIs 0.4%, Public 53.2%.Dec '24: Promoters 46.3%, FIIs 0.3%, DIIs 0.4%, Public 53.1%.Mar '25: Promoters 46.3%, FIIs 0.3%, DIIs 0.4%, Public 53.1%.Jun '25: Promoters 46.3%, FIIs 0.3%, DIIs 0.4%, Public 53.1%.Sep '25: Promoters 46.3%, FIIs 0.3%, DIIs 0.4%, Public 53.1%.Dec '25: Promoters 46.3%, FIIs 0.2%, DIIs 0.4%, Public 53.1%.Mar '26: Promoters 46.8%, FIIs 0.1%, DIIs 0.4%, Public 52.7%.Jun '26: Promoters 46.8%, FIIs 0.1%, DIIs 0.4%, Public 52.7%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Galaxy Bearings above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Shetal Devang Gor 11.24%unchanged
Sonal Sanatkumar Patel 4.86%unchanged
Tuhina Rimal Bera 4.37%unchanged
Devang Mahesh Gor 3.16%unchanged
Dudhiben Govindlal Patel 2.22%unchanged
Rashmibhai Valjibhai Patel 1.91%unchanged
Navinchandra M Patel 1.50%unchanged
Rajeshkumar G Patel 1.44%unchanged
Vaibhav Sunil Kapur 1.42%unchanged
Kevin Rimal Bera 1.26%unchanged
Kishen Rimal Bera 1.21%unchanged
Kirankumar V Bhalodia 1.11%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Growth trap

To justify its price of ₹915, this stock must grow earnings at 49% every year for 7 years. Our analysis caps realistic growth at ~-41%. At that growth it is worth ₹10 — downside of 99%.

Growth the price implies
48.6% a year
for 7 years, fading to 4%
It has actually compounded at
-40.8% a year
net profit, FY23–FY26 · EPS -40.8%
The gap
0.9 pp
-99% downside if it only repeats history
Price today ₹915.05 Value at the reference growth ₹9.66

Change the assumptions yourself →

Learn to analyse Galaxy Bearings

Guides on how to read this kind of business and the numbers that matter.