Galaxy Bearings Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L29120GJ1990PLC014385 Incorporated 19 September 1990 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - BSE: 526073 Public Limited Company machinery and equipment MSME
Data last updated
Market Cap
₹286 Cr
GALXBRG · BSE
Share Price
₹988.35
+9.82% today
Revenue
₹67.51 Cr
FY 2025-26 · -35.2% YoY
EBITDA
₹6.52 Cr
Margin 9.7%
Net Profit
₹3.31 Cr
FY 2025-26 · -75.6% YoY
P/E (TTM)
78.1x
P/B 2.6x
ROE
3.0%
ROCE 5.2%
Debt / Equity
0.22
Interest cover 48.5x

About Galaxy Bearings Limited

Data last updated:

Galaxy Bearings Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 19 September 1990 and has been in existence for over 36 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L29120GJ1990PLC014385. The company has 2 GST registrations on record, none of which is active. It is a listed company as per MCA records. Its shares are listed on BSE: 526073.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.18 Cr. It is led by directors including Bharatkumar Keshavji Ghodasara (Whole-Time Director) and Shetal Devang Gor.

Its last annual general meeting (AGM) was held on 27 November 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at A – 53/54 5th Floor Pariseema Complex C.G. Road Ellisbridge, Ahmedabad, Gujarat, India – 380006.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹67.51 Cr, a decline of 35.2% compared to the previous year. For the same year it recorded a net profit of ₹3.31 Cr (net margin 4.9%) and EBITDA of ₹6.52 Cr (EBITDA margin 9.7%). The net worth stands at ₹110.08 Cr (up 3.1% YoY). Total assets are valued at ₹128.21 Cr (down 5.9% YoY).

The company has about 215 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Galaxy Bearings. As per MCA filings, the company has open charges of ₹62 Cr and satisfied charges of ₹15.58 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 1 deal on record (1 market trade); the latest was in August 2020. The company has 5 MSME Form 1 returns on record between 2019 and 2021, listing 32 overdue payments to 8 micro and small suppliers.

Galaxy Bearings Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0002393). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website galaxybearings.com.

Company details

CIN L29120GJ1990PLC014385
Registration Number 014385
Incorporation Date 19 September 1990
ROC Ahmedabad
Listing Status Listed - Listed on BSE (526073)
Company Status Active
Date of Last AGM 27 November 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-20-0002393

CIN history

Galaxy Bearings has one previous CIN (Corporate Identification Number): U29120GJ1990PLC014385. The current CIN is L29120GJ1990PLC014385, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L29120GJ1990PLC014385Current
U29120GJ1990PLC014385Previous

Recognitions & Rankings of Galaxy Bearings

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-GJ-20-0002393

Contact details

Galaxy Bearings Limited's registered office is in Ahmedabad, Gujarat. Its website is galaxybearings.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    A – 53/54 5th Floor Pariseema Complex C.G. Road Ellisbridge, Ahmedabad, Gujarat, India – 380006
  • Industry
    Machinery and Equipment, Industrial Machine Tools

To see the full contact details of Galaxy Bearings Limited, buy the company report.

Comprehensive company report
Galaxy Bearings Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Galaxy Bearings operates one associated brand: Galaxy Bearings. Each brand links to its own profile.

BrandDescriptionWebsite
Bearings are manufactured and supplied to OEMs for vehicles.galaxybearings.com

Business activity

The main business activity of Galaxy Bearings is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Galaxy Bearings Limited, buy the company report.

Financials of Galaxy Bearings Limited

FY 2025-26 filings available

Galaxy Bearings Limited reported revenue of ₹67.51 Cr (down 35.2% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹67.51 Cr
-35.2% YoY
EBITDA
₹6.52 Cr
-66.2% YoY
Profit After Tax
₹3.31 Cr
-75.6% YoY
Net Worth
₹110 Cr
+3.1% YoY
Total Assets
₹128 Cr
-5.9% YoY
Total Debt
₹18.14 Cr
-38.5% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue67.5110412711910462.6748.20
Revenue growth-35.2%-18.0%+7.2%+14.0%+66.1%+30.0%-
EBITDA6.5219.3021.1021.1018.4611.657.11
EBITDA margin+9.7%+18.5%+16.6%+17.8%+17.7%+18.6%+14.8%
Profit before tax4.6318.5225.4321.6317.8310.546.92
Net profit3.3113.5718.7415.8913.247.695.56
Net profit margin+4.9%+13.0%+14.7%+13.4%+12.7%+12.3%+11.5%
EPS (₹)10.4143.1259.2650.1441.7824.7017.61
Balance sheet
Total assets12813610978.5261.9848.5240.12
Net worth11010793.2374.4658.6245.3637.48
Total debt18.1429.4915.964.063.363.162.64
Cash & bank0.260.330.220.090.080.070.13
Net working capital49.1862.2244.9133.7540.4027.8325.31
Cash flow
Cash from operations19.79(1.91)5.2724.222.096.8114.07
Cash from investing(6.65)(10.25)(15.94)(24.63)(2.28)(7.39)(8.04)
Cash from financing(13.20)12.2710.800.420.200.51(6.76)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue15.9520.8314.7015.1016.8929.9515.5835.94
Revenue growth (YoY)-5.6%-30.5%-5.7%-58.0%-25.8%---
Other income2.93(2.16)1.80(0.03)2.56(0.12)(1.30)1.79
Total expenses14.1416.4313.1816.5314.9323.3711.7530.38
EBITDA1.814.401.52(1.43)1.966.583.835.56
EBITDA margin+11.3%+21.1%+10.3%-9.5%+11.6%+22.0%+24.6%+15.5%
Depreciation0.380.440.450.430.420.480.510.49
Interest0.390.550.540.550.620.370.330.25
Profit before tax3.971.252.33(2.44)3.485.611.696.61
Tax0.990.180.54(0.28)0.881.480.171.88

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 24 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue15.9520.8314.7015.1016.8929.9515.5835.94
Revenue growth (YoY)-5.6%-30.5%-5.7%-58.0%-25.8%---
Other income2.93(2.16)1.80(0.03)2.56(0.12)(1.30)1.79
Total expenses14.1416.4313.1816.5314.9323.3711.7530.38
EBITDA1.814.401.52(1.43)1.966.583.835.56
EBITDA margin+11.3%+21.1%+10.3%-9.5%+11.6%+22.0%+24.6%+15.5%
Depreciation0.380.440.450.430.420.480.510.49
Interest0.390.550.540.550.620.370.330.25
Profit before tax3.971.252.33(2.44)3.485.611.696.61
Tax0.990.180.54(0.28)0.881.480.171.88
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue67.5110412711910462.6748.20
Revenue growth-35.2%-18.0%+7.2%+14.0%+66.1%+30.0%-
Other income2.172.536.832.701.610.621.13
Total expenses60.9984.9210697.5885.6351.0241.09
Employee cost6.246.906.605.494.874.084.03
EBITDA6.5219.3021.1021.1018.4611.657.11
EBITDA margin+9.7%+18.5%+16.6%+17.8%+17.7%+18.6%+14.8%
Depreciation1.741.921.801.741.801.430.99
Interest2.321.390.700.430.440.300.33
Profit before tax4.6318.5225.4321.6317.8310.546.92
Tax1.314.816.585.694.542.681.33
Net profit3.3113.5718.7415.8913.247.695.56
Net profit margin+4.9%+13.0%+14.7%+13.4%+12.7%+12.3%+11.5%
EPS (₹)10.4143.1259.2650.1441.7824.7017.61
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital3.183.183.183.183.183.183.18
Reserves & surplus10710490.0571.2855.4442.1834.30
Shareholders' funds (net worth)11010793.2374.4658.6245.3637.48
Secured loans18.1215.5215.464.063.363.162.10
Unsecured loans0.0213.970.500.000.000.000.54
Total debt18.1429.4915.964.063.363.162.64
Total liabilities12813610978.5261.9848.5240.12
Assets
Gross block25.5225.0523.0121.0419.7718.2712.93
Net block10.8712.3711.9411.6912.1612.468.26
Capital work in progress31.3430.9025.5911.920.420.000.23
Investments34.6531.9826.0219.618.097.585.26
Inventories18.9324.5825.9418.2718.2618.3714.56
Sundry debtors38.1044.3529.9029.4130.7713.9311.95
Cash & bank balances0.260.330.220.090.080.070.13
Loans & advances1.084.444.184.133.836.534.93
Total current assets58.3773.7060.2451.9052.9438.9031.57
Total current liabilities9.1911.4815.3318.1512.5411.076.26
Net working capital49.1862.2244.9133.7540.4027.8325.31
Total assets12813610978.5261.9848.5240.12
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.330.220.090.080.070.130.86
Net cash from operating activities19.79(1.91)5.2724.222.096.8114.07
Net cash from investing activities(6.65)(10.25)(15.94)(24.63)(2.28)(7.39)(8.04)
Net cash from financing activities(13.20)12.2710.800.420.200.51(6.76)
Net change in cash(0.07)0.110.120.010.01(0.06)(0.73)
Closing cash0.260.330.220.090.080.070.13
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-35.2%-18.0%+7.2%+14.0%+66.1%+30.0%-
EBITDA growth-66.2%-8.5%0.0%+14.3%+58.5%+63.9%-
PBT growth-75.0%-27.2%+17.6%+21.3%+69.2%+52.3%-24.2%
Net income growth-75.6%-27.6%+17.9%+20.0%+72.2%+38.3%-
Revenue CAGR (3Y)-17.1%+0.0%+26.6%+35.0%+11.9%+6.2%+3.6%
EBITDA CAGR (3Y)-32.4%+1.5%+21.9%+43.7%+20.8%+23.7%+0.6%
Profitability & leverage
Net income margin+4.9%+13.2%+14.8%+13.4%+12.8%+12.5%+11.6%
Return on capital employed+5.3%+16.2%+27.8%+31.4%+33.1%+24.5%+17.8%
Return on net worth+3.1%+13.7%+22.5%+24.0%+25.6%+19.0%+16.2%
Debt / equity0.220.230.120.060.060.070.17
Long-term debt / equity0.000.000.000.000.000.010.02
Interest cover48.548.003.632.222.642.945.39
Efficiency & per share
Fixed asset turnover2.674.345.775.825.474.024.11
Inventory turnover3.104.135.756.505.683.813.35
Debtors turnover1.642.814.293.944.664.842.72
EPS (₹)10.4143.1259.2650.1441.7824.7017.61
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)346.15335.75293.17234.15184.33142.64117.86

To see the full year-wise statements and ratios of Galaxy Bearings Limited, buy the company report.

Board of directors of Galaxy Bearings Limited

Galaxy Bearings has 6 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shetal Devang GorDirector08 Jan 201511 Years 9 MonthsCurrent
Devang Maheshchandra GorDirector10 Aug 20197 Years 2 MonthsCurrent
Tuhina Rimal BeraDirector08 Jan 201511 Years 9 MonthsCurrent
Bharatkumar Keshavji GhodasaraWhole-Time Director28 Mar 199432 Years 6 MonthsCurrent
Kartik Kumar Vinodchandra PatelDirector10 Aug 20233 Years 2 MonthsCurrent
Deepa ShahDirector10 Aug 20233 Years 2 MonthsCurrent

Auditor

Galaxy Bearings Limited is audited by J. T. Shah & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
J. T. Shah & Co.FY 2023109616W

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 46.80%, foreign institutional investors hold 0.10%, domestic institutional investors hold 0.40% and retail and other public shareholders hold 52.70%.

Promoters: 46.80%DII (Domestic Institutional): 0.40%FII (Foreign Institutional): 0.10%Retail & Others: 52.70%
Mar 2026
QUARTER
46.80% Promoters
0.40% DII (Domestic Institutional)
0.10% FII (Foreign Institutional)
52.70% Retail & Others
Promoter holding - history
Now 46.80% · Mar 2026High 46.80% · Mar 2026Low 46.20% · Jun 2025
45%45.8%46.5%47.3%48%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 46.20%Sep 2025: 46.30%Dec 2025: 46.30%Mar 2026: 46.80%46.20%46.80%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters46.80%46.30%46.30%46.20%
Public53.20%53.70%53.70%53.80%

Charges & borrowings

Open charges
₹62 Cr
Satisfied charges
₹15.58 Cr
Breakdown by lending institutions
State Bank of India₹42.00 Cr
Others₹20.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Nov 2024101064678Others₹20 CrOpen
02 Aug 201010234795State Bank of India₹21 CrOpen
27 Jul 201010234791State Bank of India₹21 CrOpen
07 Jun 200610009653Bank of Baroda₹7.27 CrSatisfied
21 Apr 199990096223Bank of Baroda₹70 LakhSatisfied

To see the full charge records of Galaxy Bearings Limited, buy the company report.

Total charge records: 7 View all charges

Deals & funding

Galaxy Bearings Limited has 1 deal on record (1 market trade); the latest was in August 2020.

Total deals
1
Market trade
1

Deals on record (1 of 1)

WhenDealAmountParties
Aug 2020Market trade₹60.5 LakhBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Galaxy Bearings Limited has 5 MSME Form 1 returns on record between 2019 and 2021, listing 32 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 8)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
Rajkamal Poly Print Private Limited
an individual supplier

To see the full MSME payment records of Galaxy Bearings Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Galaxy Bearings Limited has a workforce of 215 employees on its EPFO records as of Apr 11, 2024, across 1 active EPFO establishment.

Employee count
215
Active EPFO establishments
1
Employee growth
12.57%

GST

Galaxy Bearings has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Galaxy Bearings Limited, buy the company report.

Recent activity

Galaxy Bearings Limited has 22 board changes on record since 1990: 14 appointments and 8 cessations. The latest: Jitendra Vrajlal Shah ceased to be Director on 01 Nov 2023.

Filing
Galaxy Bearings Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
Galaxy Bearings Limited last Annual general meeting of members was held on 27 Nov 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101064678 was registered on 26 Nov 2024.
Ceased
Jitendra Vrajlal Shah ceased to be Director.
Ceased
Jyotsna Sudhir Vachhani ceased to be Director.
Appointed
Deepa Shah was appointed as Director.
Appointed
Kartik Kumar Vinodchandra Patel was appointed as Director.
Ceased
Pradeep Kumar Chunilal Khetani ceased to be Director.
Ceased
Navinchandra Mohanlal Patel ceased to be Director.
Ceased
Rashmikant Valjibhai Bhalodia ceased to be Director.
Appointed
Devang Maheshchandra Gor was appointed as Director.
Ceased
Kansagara Vinodrai Hirji ceased to be Director.

30 earlier events are in the company report.

Frequently asked questions

Galaxy Bearings is an active public limited company based in Ahmedabad, Gujarat, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 19 September 1990 (36+ years old) and is registered under CIN L29120GJ1990PLC014385. Listed on BSE: 526073.

Galaxy Bearings reported revenue of ₹67.51 Cr for FY 2025-26 (down 35.2% YoY) based on standalone financials.

Galaxy Bearings has 6 current directors:

The latest financial statements of Galaxy Bearings on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 November 2025. Year-wise statements from 2015 are in the company report.

No. Galaxy Bearings has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Galaxy Bearings is L29120GJ1990PLC014385. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Galaxy Bearings is a listed company as per MCA records. Its shares are listed on BSE (code: 526073).

Galaxy Bearings has 3 court cases on record: 1 filed by the company and 2 filed against it.

Galaxy Bearings was incorporated on 19 September 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Galaxy Bearings has 1 deal on record (1 market trade); the latest was in August 2020.

Jitendra Vrajlal Shah ceased to be Director on 01 Nov 2023. Jyotsna Sudhir Vachhani ceased to be Director on 01 Nov 2023. Deepa Shah was appointed as Director on 10 Aug 2023. Galaxy Bearings has 22 board changes on record in total.