MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-04-0001438
Galaxy Machinery Private Limited - machinery and equipment in Belgaum, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.38 Cr
▼ 13% YoY
Net loss · FY 2024
₹5.12 Cr
Net margin -371.4%
EBITDA · FY 2024
-₹2.38 Cr
EBITDA margin -172.9%
Authorised capital
₹3.99 Cr
Registered with MCA
Paid-up capital
₹3.91 Cr
Issued & subscribed
Open charges
₹20.51 Cr
Satisfied ₹3.41 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
1
Provident fund records
About Galaxy Machinery Private Limited
Data last updated:
Galaxy Machinery Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 09 January 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U71200KA1991PTC011559. Its GSTIN is 29AAACG6659G1ZB (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.99 Cr and a paid-up capital of ₹3.91 Cr. It is led by directors Elango Subramanian (Managing Director) and Vijayalakshmi Balasubramanian.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No.29A Survey No.336/1 Udyambag, Belgaum, Karnataka, India – 590008.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.38 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹5.12 Cr (net margin -371.4%) and EBITDA of -₹2.38 Cr (EBITDA margin -172.9%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 47% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Galaxy Machinery. As per MCA filings, the company has open charges of ₹20.51 Cr and satisfied charges of ₹3.41 Cr on record. Court records list 57 cases involving the company, including 11 filed by the company and 46 filed against it; 9 cases are pending.
Galaxy Machinery Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-04-0001438). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website galaxymachinery.com.
Company details
CIN U71200KA1991PTC011559
Registration Number 011559
Incorporation Date 09 January 1991
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-04-0001438
CIN history
Galaxy Machinery has one previous CIN (Corporate Identification Number): U00291KA1991PTC011559. The current CIN is U71200KA1991PTC011559, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U71200KA1991PTC011559 | Current |
| U00291KA1991PTC011559 | Previous |
Recognitions & Rankings of Galaxy Machinery
Contact details
Galaxy Machinery Private Limited's registered office is in Belgaum, Karnataka. Its website is galaxymachinery.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.29A Survey No.336/1 Udyambag, Belgaum, Karnataka, India – 590008
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Galaxy Machinery Private Limited, buy the company report.
Comprehensive company report
Galaxy Machinery Private 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
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Brands
Galaxy Machinery operates one associated brand: Galaxy Machinery. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of CNC machinery, turning centers, and automation systems for industrial use. | galaxymachinery.com |
Business activity
The main business activity of Galaxy Machinery is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Galaxy Machinery Private Limited, buy the company report.
Financials of Galaxy Machinery Private Limited
FY 2024 filings availableGalaxy Machinery Private Limited reported revenue of ₹1.38 Cr (down 13% YoY) for FY 2024.
Revenue · FY 2024
₹1.38 Cr ▼ 13%
Net loss · FY 2024
₹5.12 Cr margin -371.4%
EBITDA · FY 2024
-₹2.38 Cr margin -172.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▼ 11%
5 years · compounded
▼ 47%
EBITDA CAGR growth
1 year
▼ 53%
3 years · compounded
▼ 1%
5 years · compounded
▼ 51%
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years, including a 13% fall in the latest year. EBITDA fell 53% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹2.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.12 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -172.9% | ||||
| Net Profit Margin | -371.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Galaxy Machinery Private Limited, buy the company report.
Board of directors of Galaxy Machinery Private Limited
Galaxy Machinery has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Elango Subramanian Also directs: Galaxy Tajmac Machinery Private Limited | Managing Director | 09 Jan 1991 | 35 Years 9 Months | Current |
| Vijayalakshmi Balasubramanian Also directs: Galaxy Tajmac Machinery Private Limited | Director | 29 Sep 2015 | 11 Years 1 Months | Current |
Peer comparison
Galaxy Machinery Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Skypactec Machines Private Limited | ₹1.38 Cr (FY 2025) | 53.0% | Pune, Maharashtra, India | |||
| Galaxy Machinery Private Limitedthis company | ₹1.38 Cr (FY 2024) | -₹5.12 Cr | -371.4% | -13.0% | 1 | Belgaum, Karnataka, India |
| R and D Engitech Private Limited | ₹1.38 Cr (FY 2025) | 0.0% | Ahmedabad, Gujarat, India | |||
| Uday Machines Private Limited | ₹1.38 Cr (FY 2025) | -69.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Galaxy Machinery Private Limited, buy the company report.
Auditor
Galaxy Machinery Private Limited is audited by P G Bhagwat LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P G Bhagwat LLP | FY 2023 | 101118W/W100682 |
Shareholding
The shareholding of Galaxy Machinery Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Galaxy Machinery Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20.51 Cr
Satisfied charges
₹3.41 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Dec 2015 | 10626104 | Canara Bank | ₹8.7 Lakh | Open | |
| 31 Mar 2006 | 80006594 | Canara Bank | ₹20.42 Cr | Open | |
| 23 Apr 2011 | 10283599 | Canara Bank | ₹1.5 Cr | Satisfied | |
| 27 Jul 2010 | 10238015 | Canara Bank | ₹4.85 Lakh | Satisfied | |
| 26 Jul 2010 | 10238604 | Canara Bank | ₹1 Cr | Satisfied |
To see the full charge records of Galaxy Machinery Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Galaxy Machinery Private Limited has 57 court cases on record: 11 filed by Galaxy Machinery, 46 filed against it. 9 cases are pending and 48 are disposed.
Total cases
57
Filed by the company
11
Filed against the company
46
Pending
9
Disposed
48
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 45 | 38 | 5 |
| High courts | 9 | 6 | 4 |
| NCLT | 2 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 57)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil miscellaneous application | Filed by the company against S M Machines Pvt Ltd and Ors and 2 others | Pending |
| District court, Gurugram, Haryana | Court case (CS37) | Filed against the company by Marposs India Private Limited | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by S.M. Machines Pvt. Ltd. | Disposed |
| High Court, KARNATAKA | Appeal | Filed against the company by S M Machines Pvt Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Iifl Finance Limited | Disposed |
To see the full case history of Galaxy Machinery Private 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.
Credit ratings & regulatory alerts
Galaxy Machinery Private Limited was last rated by Crisil on 19 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 19 Oct 2020 |
To see the full credit ratings and regulatory alerts of Galaxy Machinery Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Galaxy Machinery Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Galaxy Machinery Private Limited has a workforce of 1 employees on its EPFO records as of Apr 04, 2024, across 3 active EPFO establishments.
Employee count
1
Active EPFO establishments
3
Employee growth
-99.56%
GST
Galaxy Machinery has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACG6659G1ZB | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Galaxy Machinery Private Limited, buy the company report.
Recent activity
Galaxy Machinery Private Limited has 16 board changes on record since 1991: 9 appointments and 7 cessations. The latest: Kishore Mohan Achary ceased to be Nominee Director on 15 Apr 2023.
AGM
Galaxy Machinery Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Galaxy Machinery Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Kishore Mohan Achary ceased to be Nominee Director.
Ceased
Vilas Ramrao Shirhatti ceased to be Director.
Appointed
Kishore Mohan Achary was appointed as Nominee Director.
Charges
A charge with Canara Bank of Rs. 20.42 Cr registered on 31 Mar 2006 with Charge ID 80006594 was modified on 22 Nov 2019.
Appointed
Vilas Ramrao Shirhatti was appointed as Director.
Charges
A charge with Canara Bank amounted to Rs. 0.09 Cr with Charge ID 10626104 was registered on 01 Dec 2015.
Appointed
Vijayalakshmi Balasubramanian was appointed as Director.
Ceased
Anant Shriniwas Huilgol ceased to be Director.
Ceased
Sachin Rajendra Shirgaokar ceased to be Additional Director.
Charges
A charge registered on 23 Apr 2011 via Charge ID 10283599 with Canara Bank was fully satisfied on 01 Sep 2014.
26 earlier events are in the company report.
Frequently asked questions
Galaxy Machinery is an active private limited company based in Belgaum, Karnataka, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 09 January 1991 (35+ years old) and is registered under CIN U71200KA1991PTC011559.
Galaxy Machinery has 2 current directors:
- Elango Subramanian - Managing Director
- Vijayalakshmi Balasubramanian - Director
The latest financial statements of Galaxy Machinery on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Galaxy Machinery is 29AAACG6659G1ZB, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Galaxy Machinery is U71200KA1991PTC011559. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Galaxy Machinery has 57 court cases on record: 11 filed by the company and 46 filed against it. 9 are pending. Most are in the district courts.
Galaxy Machinery was incorporated on 09 January 1991, making it 35+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Galaxy Machinery by revenue are Skypactec Machines Private Limited, R and D Engitech Private Limited, Uday Machines Private Limited, all in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Kishore Mohan Achary ceased to be Nominee Director on 15 Apr 2023. Vilas Ramrao Shirhatti ceased to be Director on 13 Jun 2022. Kishore Mohan Achary was appointed as Nominee Director on 11 Dec 2021. Galaxy Machinery has 16 board changes on record in total.
Yes, Galaxy Machinery is registered as a small enterprise under Udyam registration (number: UDYAM-KR-04-0001438).
Galaxy Machinery can be reached through the website galaxymachinery.com. Its registered office is in Belgaum, Karnataka, India.
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