Galaxy Bearings share price & results
- Sept 2026
- Sept 2026
Ahmedabad-headquartered manufacturer of taper roller and cylindrical roller bearings, producing at a single SPM-equipped plant in Rajkot, Gujarat, with One Star Export House status.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 23.1 | +52.9% YoY | Quarterly, as filed | Quarter to Sept 2026 | Revenue from operations as filed. |
| Operating margin | 11.3 | +20.7 pts YoY | Operating profit / revenue | Quarter to Sept 2026 | For the quarter; a change is in percentage points. |
| Net profit | 1.5 | Quarterly, as filed | Quarter to Sept 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Return on equity | 6.40 | −10.7 pts | Trailing twelve months | TTM to Sept 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 22.41 | +30.0 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | -3.81 | −17.2 pts | Trailing twelve months | TTM to Sept 2026 | Revenue change against the same period one year earlier. |
Price
Performance +25.8% 1Y
1Y: ₹794.6 on 24 Oct 2025 → ₹999.9. High ₹1,087.95 (7 Jul 2026), low ₹430.05 (30 Mar 2026).
- Previous close
- ₹980.95
- Market cap
- ₹145 Cr
- 52-week range
- ₹430.05 – ₹1,087.95
- One year
- +26.83%
- Price to earnings (TTM to Sept 2026)
- 19.73×
- Return on equity (TTM to Sept 2026)
- 6.40%
Overview
- Symbol
- NSE:GALXBRG
- Sector
- Capital Goods
- Industry
- Industrials
- Exchange
- NSE
- Currency
- INR
What Galaxy Bearings Ltd. does
Based on the company's own presentations, annual report and earnings calls.
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
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +169% (quarter to sept 2026 against sept 2025).
| Line item | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 16 | 30 | 17 | 15 | 15 | 21 | 16 | 23 |
| Expenses | 12 | 23 | 15 | 17 | 13 | 16 | 14 | 20 |
| Operating profit | 4 | 7 | 2 | -1 | 2 | 4 | 2 | 3 |
| Operating margin | 24.6% | 22.0% | 11.6% | −9.4% | 10.3% | 21.2% | 11.3% | 11.3% |
| Other income | -1 | -0 | 3 | -0 | 2 | -2 | 3 | 0 |
| Interest | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 0 |
| Depreciation | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2 | 6 | 3 | -2 | 2 | 1 | 4 | 2 |
| Tax rate | 10.1% | 26.3% | 25.4% | −11.5% | 23.3% | 14.3% | 24.9% | 33.0% |
| Net profit | 2 | 4 | 3 | -2 | 2 | 1 | 3 | 1 |
| EPS (₹ per share) | 4.81 | 13.02 | 8.14 | -6.76 | 5.63 | 3.40 | 9.40 | 4.69 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 119 | 127 | 104 | 68 |
| Expenses | 98 | 106 | 85 | 61 |
| Operating profit | 21 | 21 | 19 | 6 |
| Other income | 3 | 7 | 3 | 2 |
| Interest | 0 | 1 | 1 | 2 |
| Depreciation | 2 | 2 | 2 | 2 |
| Profit before tax | 22 | 25 | 19 | 5 |
| Net profit | 16 | 19 | 14 | 3 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 | Sept 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 71 | 90 | 104 | 104 | 107 | 112 |
| Borrowings | 4 | 16 | 29 | 27 | 18 | 21 |
| Other liabilities | 18 | 17 | 13 | 11 | 11 | 19 |
| Total liabilities | 97 | 126 | 150 | 145 | 140 | 154 |
| Fixed assets | 12 | 12 | 12 | 12 | 11 | 29 |
| Capital work in progress | 12 | 26 | 31 | 31 | 31 | 13 |
| Investments | 20 | 26 | 32 | 36 | 35 | 37 |
| Other assets | 54 | 63 | 75 | 65 | 63 | 75 |
| Total assets | 97 | 126 | 150 | 145 | 140 | 154 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 7 | 2 | 24 | 5 | -2 | 20 |
| Cash from investing | -7 | -2 | -25 | -16 | -10 | -7 |
| Cash from financing | 1 | 0 | 0 | 11 | 12 | -13 |
| Net cash flow | -0 | 0 | 0 | 0 | 0 | -0 |
| Free cash flow | 1 | 0 | 11 | -10 | -8 | 15 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 81 | 108 | 90 | 86 | 155 | 206 |
| Inventory days | 229 | 130 | 113 | 170 | 201 | 259 |
| Days payable | 129 | 79 | 102 | 93 | 67 | 94 |
| Cash conversion cycle | 181 | 158 | 102 | 163 | 289 | 371 |
| Working capital days | 143 | 130 | 91 | 84 | 114 | 166 |
| Return on capital employed | 23.9% | 32.9% | 31.3% | 27.7% | 16.1% | 5.2% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
What the price assumes
Growth trapTo justify its price of ₹1000, this stock must grow earnings at 32% every year for 7 years. Our analysis caps realistic growth at ~-41%. At that growth it is worth ₹23 — downside of 98%.
- Growth the price implies
- 31.6% 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
- 0.7 pp
- -98% downside if it only repeats history
Ownership
Who owns it
Public hold 52.72% as of Sept 2026; institutions added 0.00 pts since Jun 2026.
- Promoters 46.82%
- Foreign institutions 0.12%
- Domestic institutions 0.36%
- Public 52.72%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 2.59% held
- newly disclosed 1.54% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Galaxy Bearings Ltd. above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 11.24% | unchanged | |
| 4.86% | unchanged | |
| 4.37% | unchanged | |
| 3.16% | unchanged | |
| 2.59% | newly disclosed | |
| 2.22% | unchanged | |
| 1.91% | unchanged | |
| 1.54% | newly disclosed | |
| 1.50% | unchanged | |
| 1.44% | unchanged | |
| 1.42% | unchanged | |
| 1.26% | 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.
Your own record
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