Is Galaxy Surfactants a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Galaxy Surfactants Ltd is a good quality company .

Is Galaxy Surfactants undervalued or overvalued?

The key valuation ratios of Galaxy Surfactants Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Galaxy Surfactants share price return in the past 10 years?

Data is not available for this company

Is Galaxy Surfactants a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Galaxy Surfactants Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

Galaxy Surfactants Ltd - Stock Valuation and Financial Performance

Name: Galaxy Surfactants
Brand: Galaxy Surfactants

BSE: 540935 | NSE: GALAXYSURF | Household & Personal Products | Small Cap

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Galaxy Surfactants Share Price

₹2,931.05 -1.10 -0.04%
as on 01-Nov'24 18:59

10 Year X-Ray of Galaxy Surfactants:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	19.5%	23.4%	25.8%	24.5%	27.4%	23.9%	25.6%	19.5%	24.2%	17.8%	-
Value Creation Index ⓘ	0.4	0.7	0.9	0.8	1.0	0.8	0.9	0.4	0.8	0.3	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	1,872	1,801	2,161	2,434	2,763	2,596	2,784	3,686	4,464	3,794	3,827
Sales YoY Gr.	-	-3.8%	20%	12.6%	13.5%	-6%	7.2%	32.4%	21.1%	-15%	-
Adj EPS ⓘ	19.5	28.6	41.6	43.7	55.1	64.9	85	74.2	107	81.5	86.3
YoY Gr.	-	46.2%	45.6%	5.2%	26%	17.9%	31%	-12.7%	44.2%	-23.8%	-
BVPS (₹) ⓘ	101.7	124.6	162.2	202.8	247.3	301.2	367.1	444.1	531	614.7	637.1
Adj Net Profit ⓘ	69.2	101	147	155	195	230	301	263	379	289	306
Cash Flow from Ops. ⓘ	41.1	170	111	145	283	316	365	4.9	573	518	-
Debt/CF from Ops. ⓘ	11	2.4	3.5	2.4	1.1	1.2	0.7	74.2	0.5	0.3	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	8.2%	6.6%	10.9%	-15%
Adj EPS ⓘ	17.2%	8.1%	-1.4%	-23.8%
BVPSⓘ	22.1%	20%	18.8%	15.8%
Share Price	-	14.4%	-1%	3.6%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	20.8	25.2	29	24	24.5	23.7	25.4	18.3	21.9	14.2	13.8
Op. Profit Mgn % ⓘ	10.3	13	12.6	11.8	12.8	14.2	16.1	10.9	12.7	12.2	12.1
Net Profit Mgn % ⓘ	3.7	5.6	6.8	6.4	7.1	8.9	10.8	7.1	8.5	7.6	8
Debt to Equity ⓘ	1.3	0.9	0.7	0.5	0.3	0.4	0.2	0.2	0.1	0.1	-
Working Cap Days ⓘ	102	114	113	129	125	132	131	130	122	132	78
Cash Conv. Cycle ⓘ	40	50	50	55	53	59	58	62	61	66	50

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 10.87%

Return on Equity has declined versus last 3 years average to 13.80%

Net Profit has been subdued in last 3 years -1.41%

Sales growth is not so good in last 4 quarters at -8.89%

Latest Financials - Galaxy Surfactants Ltd.

	Standalone	Consolidated
TTM EPS (₹)	51.9	86.3
TTM Sales (₹ Cr.)	2,770	3,827
BVPS (₹.) ⓘ	406.5	637.1
Reserves (₹ Cr.) ⓘ	1,406	2,224
P/BV ⓘ	7.22	4.61
PE ⓘ	56.52	34.01

From the Market
52 Week Low / High (₹)	2241.10 / 3366.30
All Time Low / High (₹)	885.00 / 3600.00
Market Cap (₹ Cr.)	10,406
Equity (₹ Cr.)	35.5
Face Value (₹)	10
Industry PE ⓘ	66.4

Management X-Ray of Galaxy Surfactants:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

0.01

0.02

* Pledged shares as % of Promoter's holding (%)

Valuation of Galaxy Surfactants

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Galaxy Surfactants

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	1,872	1,801	2,161	2,434	2,763	2,596	2,784	3,686	4,464	3,794
Operating Expenses ⓘ	1,681	1,568	1,890	2,146	2,416	2,229	2,337	3,286	3,897	3,334
Manufacturing Costs	121	116	112	119	126	128	134	161	186	193
Material Costs	1,258	1,137	1,460	1,686	1,887	1,658	1,711	2,512	3,013	2,486
Employee Cost	128	144	142	146	160	178	204	212	248	275
Other Costs ⓘ	173	171	176	195	243	264	287	402	449	379
Operating Profit ⓘ	191	234	271	288	347	367	447	400	567	461
Operating Profit Margin (%)	10.2%	13.0%	12.6%	11.8%	12.6%	14.2%	16.1%	10.8%	12.7%	12.1%
Other Income ⓘ	4	6	10	10	11	7	12	14	11	37
Interest ⓘ	37	33	27	31	30	24	13	13	22	22
Depreciation ⓘ	45	45	47	49	51	62	74	71	83	100
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	113	161	207	219	277	289	372	329	473	375
Tax ⓘ	45	60	60	61	86	58	70	67	92	74
Profit After Tax	68	101	148	158	191	230	302	263	381	301
PAT Margin (%)	3.6%	5.6%	6.8%	6.5%	6.9%	8.9%	10.9%	7.1%	8.5%	7.9%
Adjusted EPS (₹)	19.2	28.5	41.6	44.6	53.9	65.0	85.2	74.1	107.5	85.0
Dividend Payout Ratio (%)	21%	21%	14%	16%	15%	22%	21%	24%	20%	26%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	361	442	575	719	877	1,068	1,301	1,574	1,883	2,179
Share Capital ⓘ	35	35	35	35	35	35	35	35	35	35
Reserves ⓘ	325	406	539	683	841	1,032	1,266	1,539	1,847	2,144
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	374	337	333	292	253	320	237	336	240	94
Long Term Debt	141	194	128	72	89	117	77	80	89	46
Short Term Debt	233	142	205	220	164	203	160	257	151	48
Trade Payables	173	186	252	328	306	273	377	519	430	446
Others Liabilities ⓘ	149	136	122	113	127	151	133	167	175	187
Total Liabilities ⓘ	1,057	1,100	1,283	1,452	1,563	1,812	2,049	2,597	2,728	2,906
Fixed Assets
Gross Block	768	786	843	877	998	1,281	1,289	1,408	1,664	1,803
Accumulated Depreciation	309	350	388	430	479	533	577	648	741	831
Net Fixed Assetsⓘ	459	436	456	447	519	748	712	760	923	972
CWIP ⓘ	7	51	10	25	83	66	124	205	139	159
Investmentsⓘ	0	0	0	0	0	6	43	0	0	198
Inventories	246	236	317	346	351	325	428	712	646	556
Trade Receivables	221	250	347	418	427	439	469	638	615	593
Cash Equivalents	19	16	26	28	26	54	111	71	248	239
Others Assetsⓘ	105	112	126	189	158	174	161	209	157	189
Total Assets ⓘ	1,057	1,100	1,283	1,452	1,563	1,812	2,049	2,597	2,728	2,906

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	41	170	111	145	283	316	365	5	573	518
PBT ⓘ	113	161	207	219	277	289	372	329	473	375
Adjustment ⓘ	78	75	74	74	80	84	82	80	105	110
Changes in Working Capital ⓘ	-98	-5	-113	-89	1	11	-19	-345	90	111
Tax Paid ⓘ	-52	-62	-57	-58	-75	-69	-71	-59	-95	-78
Cash Flow From Investing Activity ⓘ	-26	-59	-43	-55	-167	-151	-165	-84	-149	-344
Capex	0	7	-44	-56	-168	-141	-107	-155	-144	-156
Net Investments	0	0	1	0	0	-11	-62	68	-9	-202
Others ⓘ	-26	-66	1	2	1	1	4	3	4	14
Cash Flow From Financing Activityⓘ	-17	-110	-57	-90	-119	-144	-165	59	-264	-189
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	-77	-61	-7	17	-57	1	10	-38
Interest Paid ⓘ	-34	-31	-26	-29	-27	-23	-15	-13	-24	-23
Dividend Paid ⓘ	-17	-38	-17	-13	-30	-94	-49	-14	-128	-14
Others ⓘ	34	-41	64	13	-55	-44	-43	86	-122	-113
Net Cash Flow ⓘ	-2	0	11	1	-4	21	35	-20	160	-14

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	20.43	25.21	29.04	24.43	23.94	23.7	25.51	18.28	22.04	14.84
ROCE (%)	19.46	23.36	25.79	24.51	27.38	23.92	25.63	19.5	24.16	17.82
Asset Turnover Ratio	1.88	1.73	1.89	1.8	1.83	1.54	1.44	1.59	1.68	1.35
PAT to CFO Conversion(x)	0.6	1.68	0.75	0.92	1.48	1.37	1.21	0.02	1.5	1.72
Working Capital Days
Receivable Days	40	46	49	57	56	61	60	55	51	58
Inventory Days	44	47	45	49	46	48	49	56	56	58
Payable Days	58	58	55	63	61	64	69	65	57	64

Galaxy Surfactants Ltd Stock News

Galaxy Surfactants Ltd FAQs

What is the share price of Galaxy Surfactants?

Company share prices are keep on changing according to the market conditions. The closing price of Galaxy Surfactants on 01-Nov-2024 18:59 is ₹2,931.1.

What is the market cap of Galaxy Surfactants?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Nov-2024 18:59 the market cap of Galaxy Surfactants stood at ₹10,406.

What is the P/E ratio of Galaxy Surfactants?

The latest P/E ratio of Galaxy Surfactants as of 01-Nov-2024 18:59 is 56.52.

What is the P/B ratio of Galaxy Surfactants?

The latest P/B ratio of Galaxy Surfactants as of 01-Nov-2024 18:59 is 7.22.

What is the 52-week high and low of Galaxy Surfactants?

The 52-week high of Galaxy Surfactants is ₹3,366.3 and the 52-week low is ₹2,241.1.

What is the TTM revenue of Galaxy Surfactants?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Galaxy Surfactants is ₹2,770 ( Cr.) .

About Galaxy Surfactants Ltd

The company was incorporated on May 20, 1986 as ‘Galaxy Surfactants Private Limited’ at Mumbai, Maharashtra as a private limited company under the Companies Act, 1956. Subsequently, the company was converted into a public company pursuant to special resolution passed by shareholders on January 24, 1995 and the name of the company was changed to ‘Galaxy Surfactants Limited’ and a Fresh Certificate of Incorporation consequent upon conversion to public limited Company dated March 13, 1995 was issued by the Registrar of Companies, Maharashtra at Mumbai.

The company is one of the leading manufacturers and marketers of surfactants and specialty chemicals in India for the Personal and Home Care (“PHC”) industry. The company produces a range of vital cosmetic ingredients including active ingredients, UV protection and functional products. Its products cater to some of the largest global brands in the FMCG sector and find applications in skin care, hair care, oral care, body wash, sun care, household cleaners and fabric care segments. From a modest beginning in 1980 with two products by its promoters, the company has today transformed its business into a value based, technology driven, environment conscious and customer oriented organization with a vast product portfolio and with sales spread over several countries.

Business area of the company

The company is engaged in manufacturing of surfactants and other specialty ingredients for the personal care and home care industries. Its products find application in a host of consumer centric personal care and home care products, including, inter alia, skin care, oral care, hair care, cosmetics, toiletries and detergent products.

Product group

Fatty Alcohol Sulfates and Ether Sulfates
Fatty alcohol Ethoxylates & LABSA
Foam & Viscosity Boosters
Mild Surfactants
Pearlizers
Surfactant Blends
Syndet and TBB
Sunscreens
Functional Actives
Preservatives and Blends
Awards and recognitions

2015

The company was accorded “Best Supply Partner” by Unilever Procurement South Asia for Excellence in quality and service.
‘Certificate of Participation’ in Gujarat Cleaner Production Award 2014-15 by Govt. of Gujarat
‘’Trishul Award’’ for the outstanding export performance for the year 2012-13 by CHEMEXCIL
‘’Gold Award’’ for the outstanding export performance for the year 2011-12 by CHEMEXCIL
‘’You can make a difference (YCMAD)’’ award by Colgate in Jan. 2015
“Best HR Practices” by National Institute of Personal Management
50 Most Talented CSR Leaders

2016

The company was accorded “Gold Award” by CHEMEXIL - Castor Oil and Specialty Chemicals Panel for export performance in Large Scale Sector
CSR Leadership Award by National CSR Leadership Congress & Awards for the year 2015-16
EcoVadis Gold Recognition Level
5-S workplace mgmt. system to Jhagadia site
Certificate of Recognition for Conducting LCA (Lifecycle Assessment) Study in Surfactants Sector in India using GaBi Software (awarded by Thinkstep)
Sustainable Beauty Award 2016 - Sustainable Ingredient Award, Runner-up to TRI-K Industries
100 Most Impactful CSR Leaders

2017-18

Innovation Award - Best Ingredient Award - GOLD HPCI India 2018 Awarded for its Innovative product ‘Galsoft GLI 21’
Responsible Care Logo Indian Chemical Council Recertification of RC logo for India operations
Great Place to Work Great Place to Work® Institute for the year 2017-18 Award for its best workplace
‘Iconic Company’ Award to Galaxy & ‘Distinguish Leader’ recognition to Mr. U. Shekhar Indian HPC Industry Association Awarded in ISDC conference at Goa ‘Distinguish Leader’ recognition given to its MD Mr. U. Shekhar for his contribution to the growth and development of the HPC Industry in India
'Innovative Best Practices in Branding’ ITM Institute and Brand Safari CSR case study competition winner
7 ‘Gold’, and 2 ‘Silver’ CCQC Mumbai Quality Circle Competition
2 Gold, and 1 Silver CCQC Ankaleshwar Quality Circle Competition
5 ‘Par Excellence’, 3 ‘Excellence’ 2 ‘Distinguished’ NCQC Mysore Quality Circle Competition

2018-19

ICIS Innovation Award 2018 in the Best Process Innovation Category for Green Process for the manufacture of Amino Acid Surfactants
Innovation Award: Silver at HPCI Mumbai 2019 for Galguard NT
Outstanding Contribution to “Partner to Win” by Unilever, ACI 2019

2019-20

Reliable Supplier Recognition
Strategic Business Partner on Global Outlook 2020
Innovation Award - Gold at HPCI 2020
Gold - National Awards for Manufacturing Competitiveness (NAMC) 2019
Great Place to WorkCertified for Nov 2019 - Dec 2020
IP Excellence in India 2019

Milestones

1986: Incorporation of the company
1995: Acquisition of Galaxy Chemicals
1995: Conversion of the company from private to public company
1995: Amalgamation of GOPL with the company
1997: First sulfonation plant set up at Taloja
1999: Launch of first international office in Bangkok, Thailand, for serving Asia-Pacific Region
2001: Amalgamation of GOIL with the company
2003: GC US became the company’s subsidiary
2004: Setting up of first EOU at Taloja
2008: GHML became the company’s subsidiary
2009: GC Egypt became the company’s Step down subsidiary
2009: Rainbow Holdings became the company’s step down subsidiary
2009: A joint venture was formed in June 2009 by Gerd Dahms, Sebestian Dahms, Andreas Jung and Rainbow Holdings GmbH acquiring shares of OTC GmbH and TRI-K.
2009: TRI-K became the company’s step down subsidiary
2009: Maybrook became the company’s step down subsidiary
2012: Commissioning of Galaxy Chemicals Egypt and Jhagadia Plants
2014: Purchase of business of Surfactants International LLC
2016: Expansion of Jhagadia Plant for mild surfactants
2018: Galaxy Surfactants Limited was listed on the Indian stock exchanges on 8th February, 2018
2018-19: Launched GalFUSION LLDC, a high performing, safe, ecofriendly, value for money premium surfactant concentrate specially designed for Fabric care
2019-20: Galguard LipoG, a non-toxic ingredient for preservation, was manufactured at the pilot-scale