About Galaxy Bearings Limited
Data last updated: 09 January 2026
Galaxy Bearings Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in industrial machine tools, a part of the broader machinery and industrial equipment sector. Incorporated on 19 September 1990, the company has been in operation for over 36 years.
Registered with ROC Ahmedabad under CIN L29120GJ1990PLC014385. Listed on BSE: 526073.
Capital: an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.18 Cr. It is led by directors including Deepa Shah and Kartik Kumar Vinodchandra Patel.
Last AGM: 27 November 2025. Financial statements filed for year ended 31 March 2025. Office: A – 53/54 5Th Floor Pariseema Complex C.G. Road Ellisbridge, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2025, the company reported a revenue of ₹106.75 Cr, a decline of 20% compared to the previous year.
The company has a workforce of approximately 215 employees as per the latest available data.
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.
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.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressA – 53/54 5Th Floor Pariseema Complex C.G. Road Ellisbridge, Ahmedabad, Gujarat, India – 380006
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IndustryMachinery and Equipment, Industrial Machine Tools
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Galaxy Bearings Limited
Galaxy Bearings Limited 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 |
Associated Brands with Galaxy Bearings Limited
Galaxy Bearings Limited operates one associated brand: Galaxy Bearings. These brands represent Galaxy Bearings Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Bearings are manufactured and supplied to OEMs for vehicles. | galaxybearings.com |
Competitors & Alternatives of Galaxy Bearings Limited
Brands and companies operating in the same space as Galaxy Bearings Limited include NSK, Rolex Rings, NRB Bearings and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Major auto components are manufactured and supplied globally. | Koga, Japan, Japan | 1916 |
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Forged and machined components are produced for industrial bearings. | Rajkot, India, India | 1975 |
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Manufactures and supplies roll bearings | Mumbai, India, India | 1965 |
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Bearings are manufactured and supplied to aftermarkets by Fersa. | Zaragoza, Spain, Spain | 1968 |
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High precision forged products are manufactured for the automotive sector. | Rajkot, India, India | 1990 |
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Bearings and components are manufactured and supplied for multiple industries. | Nagoya, Japan, Japan | 1939 |
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Produces bearings and joints for automotive and industrial applications globally. | Mount Prospect, United States, United States | 1918 |
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Bearings are manufactured and exported by NBC Bearings globally. | Jaipur, India, India | 1946 |
Business Activity of Galaxy Bearings Limited
Galaxy Bearings Limited is engaged in the principal business activity of manufacturing, with detailed activities including other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | ********* |
Auditor Details of Galaxy Bearings Limited
Galaxy Bearings Limited is audited by M/S J.T. SHAH & CO (ICAI peer reviewed, certificate valid till 2028-02-29) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/S J.T. SHAH & CO (ICAI peer reviewed, certificate valid till 2028-02-29) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Galaxy Bearings Limited
Galaxy Bearings Limited is currently managed by 9 directors, with 15 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Deepa Shah
Also directs:
Galaxy Bearings Limited
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Director | 10 Aug 2023 | 2 Years 10 Months | Current |
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Kartik Kumar Vinodchandra Patel
Also directs:
Galaxy Bearings Limited
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Director | 10 Aug 2023 | 2 Years 10 Months | Current |
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Devang Mahesh Gor
Also directs:
Galaxy Bearings Limited
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Director | 10 Aug 2019 | 6 Years 10 Months | Current |
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Bera Tuhina Rimal
Also directs:
Galaxy Bearings Limited
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Director | 08 Jan 2015 | 11 Years 6 Months | Current |
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Shetal Devang Gor
Also directs:
Galaxy Bearings Limited
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Director | 08 Jan 2015 | 11 Years 6 Months | Current |
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Bharatkumar Keshavji Ghodasara
Also directs:
Galaxy Bearings Limited, Avni Dealings Private Limited
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Whole-Time Director | 28 Mar 1994 | 32 Years 3 Months | Current |
Financials of Galaxy Bearings Limited FY 2026 filings available
Galaxy Bearings Limited reported revenue of ₹67.51 Cr (down 35.22% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹67.51 Cr | ₹104.22 Cr | ₹127.12 Cr | ₹118.68 Cr | ₹104.09 Cr | ₹62.67 Cr | ₹48.2 Cr | ₹74.33 Cr |
| Other Income | ₹2.17 Cr | ₹2.53 Cr | ₹6.83 Cr | ₹2.7 Cr | ₹1.61 Cr | ₹61.81 Lakh | ₹1.13 Cr | ₹40.37 Lakh |
| Total Income | ₹69.68 Cr | ₹106.75 Cr | ₹133.94 Cr | ₹121.38 Cr | ₹105.7 Cr | ₹63.29 Cr | ₹49.34 Cr | ₹74.73 Cr |
| Cost of Materials Consumed | ₹22.47 Cr | ₹45.42 Cr | ₹63.35 Cr | ₹57.65 Cr | ₹51.5 Cr | ₹30.46 Cr | ₹24.19 Cr | ₹41.39 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹4.19 Cr | -₹87.08 Lakh | -₹7.53 Cr | ₹1.47 Cr | -₹6.01 Lakh | -₹1.13 Cr | -₹2.52 Cr | -₹1.86 Cr |
| Employee Benefit Expense | ₹6.4 Cr | ₹7.06 Cr | ₹6.73 Cr | ₹5.6 Cr | ₹4.86 Cr | ₹4.08 Cr | ₹4.03 Cr | ₹3.32 Cr |
| Finance Costs | ₹2.25 Cr | ₹1.25 Cr | ₹50.24 Lakh | ₹28.22 Lakh | ₹34.22 Lakh | ₹16.94 Lakh | ₹23.56 Lakh | ₹56.03 Lakh |
| Depreciation & Amortisation | ₹1.74 Cr | ₹1.92 Cr | ₹1.8 Cr | ₹1.74 Cr | ₹1.8 Cr | ₹1.43 Cr | ₹99.18 Lakh | ₹97.05 Lakh |
| Other Expenses | ₹28.01 Cr | ₹33.45 Cr | ₹43.67 Cr | ₹33.01 Cr | ₹29.43 Cr | ₹17.74 Cr | ₹15.48 Cr | ₹21.21 Cr |
| Total Expenses | ₹65.06 Cr | ₹88.22 Cr | ₹108.52 Cr | ₹99.75 Cr | ₹87.87 Cr | ₹52.75 Cr | ₹42.41 Cr | ₹65.59 Cr |
| Profit Before Exceptional Items & Tax | ₹4.62 Cr | ₹18.53 Cr | ₹25.42 Cr | ₹21.63 Cr | ₹17.83 Cr | ₹10.54 Cr | ₹6.93 Cr | ₹9.14 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹4.62 Cr | ₹18.53 Cr | ₹25.42 Cr | ₹21.63 Cr | ₹17.83 Cr | ₹10.54 Cr | ₹6.93 Cr | ₹9.14 Cr |
| Total Tax Expense | ₹1.31 Cr | ₹4.81 Cr | ₹6.58 Cr | ₹5.69 Cr | ₹4.54 Cr | ₹2.68 Cr | ₹1.33 Cr | ₹2.55 Cr |
| Net Profit | ₹3.31 Cr | ₹13.71 Cr | ₹18.84 Cr | ₹15.95 Cr | ₹13.29 Cr | ₹7.86 Cr | ₹5.6 Cr | ₹6.59 Cr |
| Other Comprehensive Income | -₹25,000 | -₹16.93 Lakh | -₹7.77 Lakh | -₹10.36 Lakh | -₹2.64 Lakh | ₹2.35 Lakh | ₹3.36 Lakh | -₹2.97 Lakh |
| Total Comprehensive Income | ₹3.31 Cr | ₹13.54 Cr | ₹18.77 Cr | ₹15.84 Cr | ₹13.26 Cr | ₹7.88 Cr | ₹5.63 Cr | ₹6.56 Cr |
| EBITDA (computed) | ₹8.61 Cr | ₹21.7 Cr | ₹27.73 Cr | ₹23.66 Cr | ₹19.97 Cr | ₹12.13 Cr | ₹8.15 Cr | ₹10.68 Cr |
| Basic EPS | ₹10.41 | ₹43.12 | ₹59.26 | ₹50.14 | ₹41.78 | ₹24.70 | ₹17.61 | ₹20.69 |
| Diluted EPS | ₹10.41 | ₹43.12 | ₹59.26 | ₹50.14 | ₹41.78 | ₹24.70 | ₹17.61 | ₹20.69 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹139.53 Cr | ₹149.75 Cr | ₹126.27 Cr | ₹96.97 Cr | ₹74.75 Cr | ₹59.79 Cr | ₹46.53 Cr | ₹51.09 Cr |
| Non-current Assets | ₹46.52 Cr | ₹44.07 Cr | ₹40.01 Cr | ₹25.46 Cr | ₹13.75 Cr | ₹13.33 Cr | ₹9.69 Cr | ₹7.49 Cr |
| Current Assets | ₹93.01 Cr | ₹105.68 Cr | ₹86.25 Cr | ₹71.51 Cr | ₹61 Cr | ₹46.47 Cr | ₹36.84 Cr | ₹43.61 Cr |
| Property, Plant & Equipment | ₹10.79 Cr | ₹12.01 Cr | ₹11.45 Cr | ₹11.67 Cr | ₹12.11 Cr | ₹12.39 Cr | ₹8.2 Cr | ₹6.97 Cr |
| Inventories | ₹18.93 Cr | ₹24.58 Cr | ₹25.94 Cr | ₹18.27 Cr | ₹18.26 Cr | ₹18.37 Cr | ₹14.56 Cr | ₹14.24 Cr |
| Trade Receivables | ₹38.1 Cr | ₹44.35 Cr | ₹29.9 Cr | ₹29.41 Cr | ₹30.77 Cr | ₹13.93 Cr | ₹11.95 Cr | ₹23.54 Cr |
| Cash & Equivalents | ₹26.18 Lakh | ₹32.93 Lakh | ₹21.61 Lakh | ₹9.21 Lakh | ₹7.9 Lakh | ₹6.92 Lakh | ₹12.73 Lakh | ₹86.1 Lakh |
| Equity (Net Worth) | ₹110.08 Cr | ₹106.77 Cr | ₹93.23 Cr | ₹74.46 Cr | ₹58.62 Cr | ₹45.36 Cr | ₹37.48 Cr | ₹31.85 Cr |
| Equity Share Capital | ₹3.18 Cr | ₹3.18 Cr | ₹3.18 Cr | ₹3.18 Cr | ₹3.18 Cr | ₹3.18 Cr | ₹3.18 Cr | ₹3.18 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹54.3 Lakh | ₹68 Lakh |
| Borrowings (Current) | ₹18.13 Cr | ₹29.09 Cr | ₹15.46 Cr | ₹4.06 Cr | ₹3.36 Cr | ₹3.16 Cr | ₹2.1 Cr | ₹8.72 Cr |
| Total Debt (computed) | ₹18.13 Cr | ₹29.09 Cr | ₹15.46 Cr | ₹4.06 Cr | ₹3.36 Cr | ₹3.16 Cr | ₹2.64 Cr | ₹9.4 Cr |
| Current Liabilities | ₹27.32 Cr | ₹40.69 Cr | ₹30.9 Cr | ₹22.2 Cr | ₹15.89 Cr | ₹14.23 Cr | ₹8.36 Cr | ₹18.42 Cr |
| Total Liabilities | ₹29.46 Cr | ₹42.98 Cr | ₹33.04 Cr | ₹22.51 Cr | ₹16.13 Cr | ₹14.44 Cr | ₹9.05 Cr | ₹19.25 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹19.79 Cr | -₹1.91 Cr | ₹4.76 Cr | ₹23.94 Cr | ₹2.09 Cr |
| Investing Cash Flow | -₹6.65 Cr | -₹10.25 Cr | -₹15.94 Cr | -₹24.63 Cr | -₹2.28 Cr |
| Financing Cash Flow | -₹13.2 Cr | ₹12.27 Cr | ₹11.3 Cr | ₹70.18 Lakh | ₹19.96 Lakh |
| Capital Expenditure | ₹4.66 Cr | ₹6.07 Cr | ₹15.7 Cr | ₹13.69 Cr | ₹2.06 Cr |
| Free Cash Flow (computed) | ₹15.13 Cr | -₹7.98 Cr | -₹10.93 Cr | ₹10.25 Cr | ₹2.91 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹6.75 Lakh | ₹11.31 Lakh | ₹12.39 Lakh | ₹1.31 Lakh | ₹97,000 |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹20.83 Cr | ₹14.7 Cr | ₹15.1 Cr | ₹16.89 Cr | ₹29.95 Cr | ₹15.58 Cr | ₹35.94 Cr | ₹22.75 Cr |
| Other Income | -₹2.16 Cr | ₹1.8 Cr | -₹2.61 Lakh | ₹2.56 Cr | -₹11.94 Lakh | -₹1.3 Cr | ₹1.79 Cr | ₹2.15 Cr |
| Total Income | ₹18.67 Cr | ₹16.49 Cr | ₹15.08 Cr | ₹19.44 Cr | ₹29.83 Cr | ₹14.28 Cr | ₹37.73 Cr | ₹24.9 Cr |
| Cost of Materials Consumed | ₹7.32 Cr | ₹4.42 Cr | ₹6.27 Cr | ₹4.47 Cr | ₹9.76 Cr | ₹8.93 Cr | ₹14.94 Cr | ₹11.79 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹85.68 Lakh | ₹1.74 Cr | -₹1.88 Cr | ₹3.47 Cr | ₹4.53 Cr | -₹6.12 Cr | ₹3.77 Cr | -₹3.04 Cr |
| Employee Benefit Expense | ₹1.46 Cr | ₹1.68 Cr | ₹1.62 Cr | ₹1.64 Cr | ₹1.51 Cr | ₹1.98 Cr | ₹1.69 Cr | ₹1.87 Cr |
| Finance Costs | ₹54.6 Lakh | ₹53.63 Lakh | ₹54.66 Lakh | ₹61.8 Lakh | ₹36.86 Lakh | ₹33.3 Lakh | ₹25.02 Lakh | ₹30.26 Lakh |
| Depreciation & Amortisation | ₹44.05 Lakh | ₹44.6 Lakh | ₹43.15 Lakh | ₹41.94 Lakh | ₹47.68 Lakh | ₹51.26 Lakh | ₹49.12 Lakh | ₹43.59 Lakh |
| Other Expenses | ₹6.79 Cr | ₹5.35 Cr | ₹10.53 Cr | ₹5.35 Cr | ₹7.57 Cr | ₹6.96 Cr | ₹9.99 Cr | ₹8.94 Cr |
| Total Expenses | ₹17.41 Cr | ₹14.17 Cr | ₹17.51 Cr | ₹15.97 Cr | ₹24.21 Cr | ₹12.59 Cr | ₹31.12 Cr | ₹20.29 Cr |
| Profit Before Exceptional Items & Tax | ₹1.26 Cr | ₹2.33 Cr | -₹2.43 Cr | ₹3.47 Cr | ₹5.62 Cr | ₹1.69 Cr | ₹6.61 Cr | ₹4.61 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹1.26 Cr | ₹2.33 Cr | -₹2.43 Cr | ₹3.47 Cr | ₹5.62 Cr | ₹1.69 Cr | ₹6.61 Cr | ₹4.61 Cr |
| Total Tax Expense | ₹18.01 Lakh | ₹53.58 Lakh | -₹28.25 Lakh | ₹88 Lakh | ₹1.48 Cr | ₹16.51 Lakh | ₹1.88 Cr | ₹1.29 Cr |
| Net Profit | ₹1.08 Cr | ₹1.79 Cr | -₹2.15 Cr | ₹2.59 Cr | ₹4.14 Cr | ₹1.53 Cr | ₹4.73 Cr | ₹3.32 Cr |
| Other Comprehensive Income | ₹12.45 Lakh | -₹4.23 Lakh | -₹4.23 Lakh | -₹4.23 Lakh | -₹11.1 Lakh | -₹1.94 Lakh | -₹1.95 Lakh | -₹1.94 Lakh |
| Total Comprehensive Income | ₹1.2 Cr | ₹1.75 Cr | -₹2.19 Cr | ₹2.55 Cr | ₹4.03 Cr | ₹1.51 Cr | ₹4.71 Cr | ₹3.3 Cr |
| EBITDA (computed) | ₹2.24 Cr | ₹3.31 Cr | -₹1.46 Cr | ₹4.51 Cr | ₹6.46 Cr | ₹2.54 Cr | ₹7.35 Cr | ₹5.35 Cr |
| Basic EPS | ₹3.39 | ₹5.64 | ₹-6.77 | ₹8.15 | ₹13.01 | ₹4.80 | ₹14.86 | ₹10.45 |
| Diluted EPS | ₹3.39 | ₹5.64 | ₹-6.77 | ₹8.15 | ₹13.01 | ₹4.80 | ₹14.86 | ₹10.45 |
Shareholding Pattern of Galaxy Bearings Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 46.83%, foreign institutional investors hold 0.12%, domestic institutional investors hold 0.36%, retail and other public shareholders hold 52.70% of Galaxy Bearings Limited. The company had 10,439 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 46.83% | 46.31% | 46.28% | 46.25% | 46.25% | 46.25% |
| Public | 53.17% | 53.69% | 53.72% | 53.75% | 53.75% | 53.75% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 46.83% | 46.25% | 54.97% |
| Public | 53.17% | 53.75% | 45.03% |
| Promoter change (YoY, %pts) | +0.58 | -8.72 | - |
Charges & Borrowings of Galaxy Bearings Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Nov 2024 | Others | ₹20 Cr | Open |
| 02 Aug 2010 | State Bank of India | ₹21 Cr | Open |
| 27 Jul 2010 | State Bank of India | ₹21 Cr | Open |
| 07 Jun 2006 | Bank of Baroda | ₹7.27 Cr | Satisfied |
| 21 Apr 1999 | Bank of Baroda | ₹70 Lakh | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Galaxy Bearings Limited
Galaxy Bearings Limited has a workforce of 215 employees as of Apr 11, 2024.
Employee Count & EPFO Data of Galaxy Bearings Limited
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GST Compliance of Galaxy Bearings Limited
GSTIN & GST Filing Data of Galaxy Bearings Limited
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Credit Ratings, Litigation & Regulatory Alerts for Galaxy Bearings Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Galaxy Bearings Limited
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MSME Payment Delays by Galaxy Bearings Limited
MSME Payment Delays by Galaxy Bearings Limited
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Subsidiaries & Group Companies of Galaxy Bearings Limited
Subsidiaries & Group Companies of Galaxy Bearings Limited
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MCA Filings & Documents of Galaxy Bearings Limited
MCA Filings & Documents of Galaxy Bearings Limited
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Recent Activity on Galaxy Bearings Limited
Frequently Asked Questions about Galaxy Bearings Limited
Galaxy Bearings Limited is an active public limited company in the machinery and equipment sector based in Ahmedabad, Gujarat, India. It was incorporated on 19 September 1990 (36+ years old) and is registered under CIN L29120GJ1990PLC014385. Listed on BSE: 526073. The company has 215 employees.
Galaxy Bearings Limited reported revenue of ₹106.75 Cr for FY 2025 (down 20.00% YoY).
The current directors of Galaxy Bearings Limited are:
- Deepa Shah
- Kartik Kumar Vinodchandra Patel
- Devang Mahesh Gor
- Bera Tuhina Rimal
- Shetal Devang Gor
- Dixit Sureshbhai Patel
- Bharatkumar Keshavji Ghodasara
- Sharma Mona Shree Jamansahay
- Bhumika Mukeshkumar Teli
The primary industry of Galaxy Bearings Limited is machinery and equipment. The company specifically operates in industrial machine tools. The company is currently active in this sector.
Yes. Galaxy Bearings Limited is listed on BSE with code 526073.
Galaxy Bearings Limited can be reached at the registered office: A – 5354 5Th Floor Pariseema Complex C.G. Road Ellisbridge, Ahmedabad, Gujarat, India – 380006, or through the website galaxybearings.com.