- Udyam number
- UDYAM-GJ-20-0002393

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 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.
| CIN | Status |
|---|---|
| L29120GJ1990PLC014385 | Current |
| U29120GJ1990PLC014385 | Previous |
Recognitions & Rankings of Galaxy Bearings
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
- Website
- Social Media
- Registered AddressA – 53/54 5th Floor Pariseema Complex C.G. Road Ellisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryMachinery and Equipment, Industrial Machine Tools
To see the full contact details of Galaxy Bearings Limited, buy the company report.
- 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
Brands
Galaxy Bearings operates one associated brand: Galaxy Bearings. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| 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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other 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 availableGalaxy Bearings Limited reported revenue of ₹67.51 Cr (down 35.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 67.51 | 104 | 127 | 119 | 104 | 62.67 | 48.20 |
| Revenue growth | -35.2% | -18.0% | +7.2% | +14.0% | +66.1% | +30.0% | - |
| EBITDA | 6.52 | 19.30 | 21.10 | 21.10 | 18.46 | 11.65 | 7.11 |
| EBITDA margin | +9.7% | +18.5% | +16.6% | +17.8% | +17.7% | +18.6% | +14.8% |
| Profit before tax | 4.63 | 18.52 | 25.43 | 21.63 | 17.83 | 10.54 | 6.92 |
| Net profit | 3.31 | 13.57 | 18.74 | 15.89 | 13.24 | 7.69 | 5.56 |
| Net profit margin | +4.9% | +13.0% | +14.7% | +13.4% | +12.7% | +12.3% | +11.5% |
| EPS (₹) | 10.41 | 43.12 | 59.26 | 50.14 | 41.78 | 24.70 | 17.61 |
| Balance sheet | |||||||
| Total assets | 128 | 136 | 109 | 78.52 | 61.98 | 48.52 | 40.12 |
| Net worth | 110 | 107 | 93.23 | 74.46 | 58.62 | 45.36 | 37.48 |
| Total debt | 18.14 | 29.49 | 15.96 | 4.06 | 3.36 | 3.16 | 2.64 |
| Cash & bank | 0.26 | 0.33 | 0.22 | 0.09 | 0.08 | 0.07 | 0.13 |
| Net working capital | 49.18 | 62.22 | 44.91 | 33.75 | 40.40 | 27.83 | 25.31 |
| Cash flow | |||||||
| Cash from operations | 19.79 | (1.91) | 5.27 | 24.22 | 2.09 | 6.81 | 14.07 |
| Cash from investing | (6.65) | (10.25) | (15.94) | (24.63) | (2.28) | (7.39) | (8.04) |
| Cash from financing | (13.20) | 12.27 | 10.80 | 0.42 | 0.20 | 0.51 | (6.76) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15.95 | 20.83 | 14.70 | 15.10 | 16.89 | 29.95 | 15.58 | 35.94 |
| Revenue growth (YoY) | -5.6% | -30.5% | -5.7% | -58.0% | -25.8% | - | - | - |
| Other income | 2.93 | (2.16) | 1.80 | (0.03) | 2.56 | (0.12) | (1.30) | 1.79 |
| Total expenses | 14.14 | 16.43 | 13.18 | 16.53 | 14.93 | 23.37 | 11.75 | 30.38 |
| EBITDA | 1.81 | 4.40 | 1.52 | (1.43) | 1.96 | 6.58 | 3.83 | 5.56 |
| EBITDA margin | +11.3% | +21.1% | +10.3% | -9.5% | +11.6% | +22.0% | +24.6% | +15.5% |
| Depreciation | 0.38 | 0.44 | 0.45 | 0.43 | 0.42 | 0.48 | 0.51 | 0.49 |
| Interest | 0.39 | 0.55 | 0.54 | 0.55 | 0.62 | 0.37 | 0.33 | 0.25 |
| Profit before tax | 3.97 | 1.25 | 2.33 | (2.44) | 3.48 | 5.61 | 1.69 | 6.61 |
| Tax | 0.99 | 0.18 | 0.54 | (0.28) | 0.88 | 1.48 | 0.17 | 1.88 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15.95 | 20.83 | 14.70 | 15.10 | 16.89 | 29.95 | 15.58 | 35.94 |
| Revenue growth (YoY) | -5.6% | -30.5% | -5.7% | -58.0% | -25.8% | - | - | - |
| Other income | 2.93 | (2.16) | 1.80 | (0.03) | 2.56 | (0.12) | (1.30) | 1.79 |
| Total expenses | 14.14 | 16.43 | 13.18 | 16.53 | 14.93 | 23.37 | 11.75 | 30.38 |
| EBITDA | 1.81 | 4.40 | 1.52 | (1.43) | 1.96 | 6.58 | 3.83 | 5.56 |
| EBITDA margin | +11.3% | +21.1% | +10.3% | -9.5% | +11.6% | +22.0% | +24.6% | +15.5% |
| Depreciation | 0.38 | 0.44 | 0.45 | 0.43 | 0.42 | 0.48 | 0.51 | 0.49 |
| Interest | 0.39 | 0.55 | 0.54 | 0.55 | 0.62 | 0.37 | 0.33 | 0.25 |
| Profit before tax | 3.97 | 1.25 | 2.33 | (2.44) | 3.48 | 5.61 | 1.69 | 6.61 |
| Tax | 0.99 | 0.18 | 0.54 | (0.28) | 0.88 | 1.48 | 0.17 | 1.88 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 67.51 | 104 | 127 | 119 | 104 | 62.67 | 48.20 |
| Revenue growth | -35.2% | -18.0% | +7.2% | +14.0% | +66.1% | +30.0% | - |
| Other income | 2.17 | 2.53 | 6.83 | 2.70 | 1.61 | 0.62 | 1.13 |
| Total expenses | 60.99 | 84.92 | 106 | 97.58 | 85.63 | 51.02 | 41.09 |
| Employee cost | 6.24 | 6.90 | 6.60 | 5.49 | 4.87 | 4.08 | 4.03 |
| EBITDA | 6.52 | 19.30 | 21.10 | 21.10 | 18.46 | 11.65 | 7.11 |
| EBITDA margin | +9.7% | +18.5% | +16.6% | +17.8% | +17.7% | +18.6% | +14.8% |
| Depreciation | 1.74 | 1.92 | 1.80 | 1.74 | 1.80 | 1.43 | 0.99 |
| Interest | 2.32 | 1.39 | 0.70 | 0.43 | 0.44 | 0.30 | 0.33 |
| Profit before tax | 4.63 | 18.52 | 25.43 | 21.63 | 17.83 | 10.54 | 6.92 |
| Tax | 1.31 | 4.81 | 6.58 | 5.69 | 4.54 | 2.68 | 1.33 |
| Net profit | 3.31 | 13.57 | 18.74 | 15.89 | 13.24 | 7.69 | 5.56 |
| Net profit margin | +4.9% | +13.0% | +14.7% | +13.4% | +12.7% | +12.3% | +11.5% |
| EPS (₹) | 10.41 | 43.12 | 59.26 | 50.14 | 41.78 | 24.70 | 17.61 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 3.18 | 3.18 | 3.18 | 3.18 | 3.18 | 3.18 | 3.18 |
| Reserves & surplus | 107 | 104 | 90.05 | 71.28 | 55.44 | 42.18 | 34.30 |
| Shareholders' funds (net worth) | 110 | 107 | 93.23 | 74.46 | 58.62 | 45.36 | 37.48 |
| Secured loans | 18.12 | 15.52 | 15.46 | 4.06 | 3.36 | 3.16 | 2.10 |
| Unsecured loans | 0.02 | 13.97 | 0.50 | 0.00 | 0.00 | 0.00 | 0.54 |
| Total debt | 18.14 | 29.49 | 15.96 | 4.06 | 3.36 | 3.16 | 2.64 |
| Total liabilities | 128 | 136 | 109 | 78.52 | 61.98 | 48.52 | 40.12 |
| Assets | |||||||
| Gross block | 25.52 | 25.05 | 23.01 | 21.04 | 19.77 | 18.27 | 12.93 |
| Net block | 10.87 | 12.37 | 11.94 | 11.69 | 12.16 | 12.46 | 8.26 |
| Capital work in progress | 31.34 | 30.90 | 25.59 | 11.92 | 0.42 | 0.00 | 0.23 |
| Investments | 34.65 | 31.98 | 26.02 | 19.61 | 8.09 | 7.58 | 5.26 |
| Inventories | 18.93 | 24.58 | 25.94 | 18.27 | 18.26 | 18.37 | 14.56 |
| Sundry debtors | 38.10 | 44.35 | 29.90 | 29.41 | 30.77 | 13.93 | 11.95 |
| Cash & bank balances | 0.26 | 0.33 | 0.22 | 0.09 | 0.08 | 0.07 | 0.13 |
| Loans & advances | 1.08 | 4.44 | 4.18 | 4.13 | 3.83 | 6.53 | 4.93 |
| Total current assets | 58.37 | 73.70 | 60.24 | 51.90 | 52.94 | 38.90 | 31.57 |
| Total current liabilities | 9.19 | 11.48 | 15.33 | 18.15 | 12.54 | 11.07 | 6.26 |
| Net working capital | 49.18 | 62.22 | 44.91 | 33.75 | 40.40 | 27.83 | 25.31 |
| Total assets | 128 | 136 | 109 | 78.52 | 61.98 | 48.52 | 40.12 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.33 | 0.22 | 0.09 | 0.08 | 0.07 | 0.13 | 0.86 |
| Net cash from operating activities | 19.79 | (1.91) | 5.27 | 24.22 | 2.09 | 6.81 | 14.07 |
| 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) | 12.27 | 10.80 | 0.42 | 0.20 | 0.51 | (6.76) |
| Net change in cash | (0.07) | 0.11 | 0.12 | 0.01 | 0.01 | (0.06) | (0.73) |
| Closing cash | 0.26 | 0.33 | 0.22 | 0.09 | 0.08 | 0.07 | 0.13 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 / equity | 0.22 | 0.23 | 0.12 | 0.06 | 0.06 | 0.07 | 0.17 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 |
| Interest cover | 48.54 | 8.00 | 3.63 | 2.22 | 2.64 | 2.94 | 5.39 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.67 | 4.34 | 5.77 | 5.82 | 5.47 | 4.02 | 4.11 |
| Inventory turnover | 3.10 | 4.13 | 5.75 | 6.50 | 5.68 | 3.81 | 3.35 |
| Debtors turnover | 1.64 | 2.81 | 4.29 | 3.94 | 4.66 | 4.84 | 2.72 |
| EPS (₹) | 10.41 | 43.12 | 59.26 | 50.14 | 41.78 | 24.70 | 17.61 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 346.15 | 335.75 | 293.17 | 234.15 | 184.33 | 142.64 | 117.86 |
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shetal Devang Gor | Director | 08 Jan 2015 | 11 Years 9 Months | Current |
| Devang Maheshchandra Gor | Director | 10 Aug 2019 | 7 Years 2 Months | Current |
| Tuhina Rimal Bera | Director | 08 Jan 2015 | 11 Years 9 Months | Current |
| Bharatkumar Keshavji Ghodasara Also directs: Avni Dealings Private Limited | Whole-Time Director | 28 Mar 1994 | 32 Years 6 Months | Current |
| Kartik Kumar Vinodchandra Patel | Director | 10 Aug 2023 | 3 Years 2 Months | Current |
| Deepa Shah | Director | 10 Aug 2023 | 3 Years 2 Months | Current |
Auditor
Galaxy Bearings Limited is audited by J. T. Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J. T. Shah & Co. | FY 2023 | 109616W |
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%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 46.80% | 46.30% | 46.30% | 46.20% |
| Public | 53.20% | 53.70% | 53.70% | 53.80% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Nov 2024 | 101064678 | Others | ₹20 Cr | Open | |
| 02 Aug 2010 | 10234795 | State Bank of India | ₹21 Cr | Open | |
| 27 Jul 2010 | 10234791 | State Bank of India | ₹21 Cr | Open | |
| 07 Jun 2006 | 10009653 | Bank of Baroda | ₹7.27 Cr | Satisfied | |
| 21 Apr 1999 | 90096223 | Bank of Baroda | ₹70 Lakh | Satisfied |
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.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2020 | Market trade | ₹60.5 Lakh | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Galaxy Bearings Limited has 3 court cases on record: 1 filed by Galaxy Bearings, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Galaxy Bearings Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
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)
| Supplier | Amount due | Due since | Reported 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.
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.
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.
30 earlier events are in the company report.
News
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:
- Bharatkumar Keshavji Ghodasara - Whole-Time Director
- Shetal Devang Gor - Director
- Devang Maheshchandra Gor - Director
- Tuhina Rimal Bera - Director
- Kartik Kumar Vinodchandra Patel - Director
- Deepa Shah - Director
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.