Galaxy Surfactants Ltd.
Snapshot View

3062.10 +1.95 ▲0.1%

26 July 2021, 04:00:00 P.M.
Volume: 455

Overview View Details

Sector Fast Moving Consumer Goods Compare with Sector peers
Industry Household & Personal Products Compare with Industry peers
Website http://www.galaxysurfactants.com
Financial Indicators
Market Cap 10,900.03 Cr.
Earnings per share (EPS) 85.22 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 36.08 Trailing Twelve Months Ending 2021-03
Industry PE 62.30 Trailing Twelve Months Ending 2021-03
Book Value / Share 367.06 Trailing Twelve Months Ending 2021-03
Price to Book Value 8.38 Calculated using Price: 3,074.35
Dividend Yield 0.46 Period Ending 2020-03
No. of Shares Subscribed 3.55 Cr. 35,454,752 Shares
FaceValue 10
Company Profile

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 

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.06%
1 Week
-1.52%
1 Month
+0.63%
3 Month
+15.12%
6 Month
+44.51%
1 Year
+87.93%
2 Year
+149.88%
5 Year
4 years 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 29.04 24.43 23.94 23.70
Return on Capital Employed (%) 25.79 24.51 27.38 23.92
Return on Assets (%) 12.39 11.56 12.67 13.65

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 234 237 305 361 442 575 719 877 1,068
Non Curr. Liab. 245 252 234 169 223 159 104 127 175
Curr. Liab. 473 465 484 527 435 549 629 559 569
Minority Int.
Equity & Liab. 952 954 1,023 1,057 1,100 1,283 1,452 1,563 1,812
Non Curr. Assets 493 503 506 491 517 526 533 666 877
Curr. Assets 459 452 516 566 584 756 919 897 935
Misc. Exp. not W/O
Total Assets 952 954 1,023 1,057 1,100 1,283 1,452 1,563 1,812

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 1,373 1,580 1,697 1,872 1,801 2,161 2,434 2,763 2,596
Other Income 2 3 4 4 6 10 10 11 7
Total Income 1,375 1,582 1,701 1,875 1,807 2,172 2,444 2,774 2,604
Total Expenditure -1,257 -1,461 -1,479 -1,681 -1,568 -1,890 -2,146 -2,416 -2,229
PBIDT 117 121 222 194 240 282 298 358 375
Interest -34 -52 -44 -37 -33 -27 -31 -30 -24
Depreciation -28 -50 -55 -45 -45 -47 -49 -51 -62
Taxation -22 -18 -47 -45 -60 -60 -61 -86 -58
Exceptional Items
PAT 33 0 75 68 101 148 158 191 230

Cash Flow View Details

Particulars 4 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 111 145 283 316
Cash Fr. Inv. -43 -55 -167 -151
Cash Fr. Finan. -57 -90 -119 -144
Net Change 11 1 -4 21
Cash & Cash Eqvt 26 27 25 48

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 70.93 70.94 70.94 70.93 70.93 70.93 70.93 70.93 70.93
Public 29.07 29.06 29.06 29.07 29.07 29.07 29.07 29.07 29.07
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 23 Jul 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation of loss of Share certificate.
Fri, 23 Jul 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation of issue of duplicate share certificate.
Thu, 22 Jul 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Analyst/Investor Meet

Technical Scans View Details

Mon, 26 Jul 2021
Close Within 2 Year High Zone Close Within 2 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
NR 4 NR 4
NR 7 NR 7
Price Nearing SuperTrend Support Price Nearing SuperTrend Support

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