Galaxy Surfactants share price
NSE: GALAXYSURFBSE: 540935Chemicals & PetrochemicalsSmall Cap
Galaxy Surfactants Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Feb 2018 · Issue price ₹1,480
Last close ₹2,115.80down ₹57.00 (2.62%)BSE ₹2,119.80
Share price at the NSE close on 30 Oct 2026. Previous close ₹2,172.80.
30 Oct: open ₹2,184.90, high ₹2,196.80, low ₹2,095.20
52-week range of traded prices to 30 Oct 2026
₹1,510.00Low, 30 Mar 2026₹2,697.00High, 15 Oct 2026
- Next results date: the board meets on 4 Nov 2026 to consider: financial results and dividend. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹7,502 Cr699th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 21.20
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.73
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.04%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 13.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 16.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.06
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 24,39458.2% delivered
About Galaxy Surfactants
Galaxy Surfactants makes performance surfactants, the ingredients that help products cleanse and foam, and specialty care ingredients for companies that make home care, personal care, beauty and wellness products.12 Its customers range from multinational companies to small and medium firms and direct-to-consumer brands.34 Based in Navi Mumbai, it makes its ingredients in India, Egypt and the United States.51
Its range covers mild surfactants, sunscreens, preservatives, conditioners, syndet (synthetic detergent) and transparent bar bases, and surfactant blends.3 Its ingredient brands include Galsoft Lumithic, a mild self-thickening surfactant system, the GALSORB SunBliss range of sun care filters and Galaxy Hearth Biosurf, a laundry care ingredient.67 It reports a single business segment, home and personal care ingredients, and gives revenue separately for performance surfactants and specialty care.8910 At 31 Mar 2026 it had 8 wholly owned subsidiaries, among them TRI-K Industries in the United States, which sells premium specialty ingredients, and Galaxy Chemicals (Egypt).111213
It was incorporated in 1986.5 Its promoters include U. Shekhar and G. Ramakrishnan, both non-executive directors, and Shashikant Shanbhag; the promoter and promoter group held 70.90% of its shares at the end of March 2026.1415 K. Natarajan is managing director, and Kanwar Bir Singh Anand, an independent director, is chairman.16
Galaxy Surfactants key points
Results
- In the quarter to Jun 2026, consolidated net revenue from operations rose 39.4% to ₹1,781.9 crore from ₹1,277.9 crore a year earlier.17
- Consolidated EBITDA (earnings before interest, tax, depreciation and amortisation) for the quarter to Jun 2026 was ₹252.5 crore against ₹135.1 crore a year earlier, its highest ever for a quarter, the company said; EBITDA per tonne sold rose to ₹35,458 from about ₹20,009.1819
- Consolidated profit after tax for the quarter to Jun 2026 rose 109% to ₹166 crore, from ₹79 crore a year earlier.20
- In the year to Mar 2026, consolidated net revenue from operations was ₹5,248.3 crore; EBITDA was ₹497 crore and profit after tax ₹267 crore, against ₹510 crore and ₹305 crore a year earlier.1721
Revenue mix
- Consolidated sales volumes grew 5% in the quarter to Jun 2026 against a year earlier.22
- Performance surfactants. Performance surfactant revenue was ₹1,178.7 crore in the quarter to Jun 2026, and performance surfactant volumes grew at a mid single digit rate against a year earlier.2322
- Specialty care. Specialty care revenue was ₹603.2 crore in the quarter to Jun 2026, and specialty care volumes grew at a mid single digit rate against a year earlier.2422
Where revenue comes from
- Consolidated revenue from external customers, ₹ crore25Revenue from external customers in the notes to the consolidated accounts totalled ₹5,226.65 crore in the year to Mar 2026.
Item year to Mar 2026 year to Mar 2025 Overseas 3,024.50 2,568.62 India 2,202.15 1,629.69 - Sales volume change by region against a year earlier2627
Item quarter to Jun 2026 year to Mar 2026 India up 11% up 4% Rest of the world up 6% up 4% Africa, Middle East and Turkey down 4% down 10% - At 30 Jun 2026 the company served more than 1,500 customers in more than 95 countries.28
- Its European subsidiary, Galaxy Specialities Europe B.V., began operating in the year to Mar 2026, with a warehouse that serves customers in Europe.29
Plants and capacity
Customers and partners
- In the year to Mar 2026, Hindustan Unilever gave the company its Partner of the Year award and Marico gave it a Consumer-First Vendor award.32
Research and development
- Consolidated research and development expenses were ₹37.13 crore in the year to Mar 2026, against ₹35.58 crore a year earlier; the R&D team had more than 100 members at 30 Jun 2026.3334
- In the year to Mar 2026, the company was granted 10 patents and filed 5 new patent applications.35
- In the quarter to Jun 2026 it introduced SimpliX, an ingredient platform for body washes, facial cleansers and shampoos; Everbond, which the company launched the previous year, has started contributing to revenue in its TRI-K business.3637
Expansion and capital spending
- On its earnings call of 14 Aug 2026, the company said it spends ₹150 crore to ₹200 crore a year on capital projects.38
- On its earnings call of 14 Aug 2026, the company said its engineering, procurement and construction (EPC) project in Mexico, a separate segment from performance surfactants, was progressing as planned and on track for commercialisation within the next 12 months.3940
- On its earnings call of 14 Aug 2026, the company said its beauty and wellness business would have an inorganic growth (acquisition) component, and it hoped to announce something in the coming quarters, only a deal that fits its strategy and adds to profitability.4142
What the company expects
- On its earnings call of 14 Aug 2026, the company said it expects volume growth of 6% to 8% in the year to Mar 2027, and raised its guidance for EBITDA per tonne sold to ₹24,000 to ₹25,000 from ₹19,000 to ₹21,000.43
- On its earnings call of 14 Aug 2026, the company said it expects EBITDA per tonne of about ₹21,000 to ₹22,000 for the next 3 quarters of the year to Mar 2027.44
- The company stated in its annual report for the year to Mar 2026 that it aims by 2030 to double volumes, grow EBITDA 2.5 times and keep return on capital employed (operating profit as a share of the capital invested) above 22%.45
Last updated
All 45 sources, each with its page
- 1. Annual report, 17 Jul 2026, page 45
- 2. Annual report, 17 Jul 2026, page 6
- 3. Annual report, 17 Jul 2026, page 95
- 4. Annual report, 17 Jul 2026, page 49
- 5. Annual report, 17 Jul 2026, page 94
- 6. Annual report, 17 Jul 2026, page 66
- 7. Annual report, 17 Jul 2026, page 18
- 8. Annual report, 17 Jul 2026, page 181
- 9. Annual report, 17 Jul 2026, page 238
- 10. Investor presentation, 13 Aug 2026, page 8
- 11. Annual report, 17 Jul 2026, page 61
- 12. Annual report, 17 Jul 2026, page 90
- 13. Annual report, 17 Jul 2026, page 46
- 14. Annual report, 17 Jul 2026, page 80
- 15. Annual report, 17 Jul 2026, page 88
- 16. Annual report, 17 Jul 2026, page 4
- 17. Investor presentation, 13 Aug 2026, page 11
- 18. Earnings call, 14 Aug 2026, page 3
- 19. Earnings call, 14 Aug 2026, page 5
- 20. Investor presentation, 13 Aug 2026, page 9
- 21. Annual report, 17 Jul 2026, page 46
- 22. Earnings call, 14 Aug 2026, page 4
- 23. Investor presentation, 13 Aug 2026, page 8
- 24. Investor presentation, 13 Aug 2026, page 8
- 25. Annual report, 17 Jul 2026, page 238
- 26. Earnings call, 14 Aug 2026, page 4
- 27. Annual report, 17 Jul 2026, page 55
- 28. Investor presentation, 13 Aug 2026, page 4
- 29. Annual report, 17 Jul 2026, page 18
- 30. Investor presentation, 13 Aug 2026, page 4
- 31. Annual report, 17 Jul 2026, page 4
- 32. Annual report, 17 Jul 2026, page 7
- 33. Annual report, 17 Jul 2026, page 238
- 34. Investor presentation, 13 Aug 2026, page 4
- 35. Annual report, 17 Jul 2026, page 67
- 36. Earnings call, 14 Aug 2026, page 5
- 37. Earnings call, 14 Aug 2026, page 7
- 38. Earnings call, 14 Aug 2026, page 12
- 39. Earnings call, 14 Aug 2026, page 5
- 40. Earnings call, 14 Aug 2026, page 17
- 41. Earnings call, 14 Aug 2026, page 17
- 42. Earnings call, 14 Aug 2026, page 12
- 43. Earnings call, 14 Aug 2026, page 6
- 44. Earnings call, 14 Aug 2026, page 13
- 45. Annual report, 17 Jul 2026, page 53
Results
Consolidated; ₹ crore.Galaxy Surfactants quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +27.1%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +16.1%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,782 Crup 35.54%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹166 Crup 165.77%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 9.3%
Revenue by quarter
Peak revenue ₹1,782 Cr, quarter to Jun 2026; lowest ₹1,042 Cr, quarter to Dec 2024
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,063 | 1,042 | 1,145 | 1,278 | 1,326 | 1,329 | 1,315 | 1,782 |
| Net profit | 85 | 65 | 76 | 79 | 66 | 59 | 62 | 166 |
| Net margin | 8.0% | 6.2% | 6.6% | 6.2% | 5.0% | 4.4% | 4.7% | 9.3% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹5,248 Crup 24.26%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹267 Crdown 12.31%
- Net margin
- 5.1%
Revenue by year
Peak revenue ₹5,248 Cr, year to Mar 2026; lowest ₹2,463 Cr, year to Mar 2018
Net profit by year, a loss in red
| ₹ crore | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,463what Revenue, Mar 2018, includes. This period's revenue includes excise duty of ₹29 crore, a tax on the goods the company makes that it collects and pays to the government. | 2,763 | 2,596 | 2,784 | 3,686 | 4,445 | 3,794 | 4,224 | 5,248 |
| Net profit | 158 | 191 | 230 | 302 | 263 | 381 | 301 | 305 | 267 |
| Net margin | 6.4% | 6.9% | 8.9% | 10.9% | 7.1% | 8.6% | 7.9% | 7.2% | 5.1% |
Consolidated. Years to March. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
In the year to Mar 2026 the company reports one business segment, Manufacturing of Chemicals, which carries all its revenue.
Valuation
Today, against the company's own history.Galaxy Surfactants PE ratio and valuation
Price to earnings
At or below today's level on 5% of 1,968 trading days since Nov 2018.
LowestHighest
Its median26.74Industry median23.63
Price to book
At or below today's level on 7% of 1,968 trading days since Nov 2018.
LowestHighest
Its median4.95Industry median2.40
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 80% of 2,053 trading days since Jul 2018.
LowestHighest
Its median0.72%Industry median0.49%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −24.6% | −12.3% | −15.7% | 1.5% |
| 3 years | −12.2% | −11.1% | −2.5% | 1.2% |
| 5 years | −8.9% | −2.4% | −7.6% | 1.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.
Mutual fund holdings
11 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 2 more funds filed their first portfolio on record, holding it.All 11 funds holding Galaxy Surfactants
- CutCut. Funds that held fewer shares than at the end of the month before.
- 2
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 7
| Fund | |||
|---|---|---|---|
 Nippon India Small Cap FundNippon India Mutual Fund | 15,58,820 | 0.45% | ₹363.6 Cr |
 Axis Small Cap FundAxis Mutual Fund | 14,06,032 | 1.07% | ₹328.0 Cr |
 ICICI Prudential Value FundICICI Prudential Mutual Fund | 7,81,358 | 0.32% | ₹182.3 Cr |
| ICICI Prudential Small Cap FundICICI Prudential Mutual Fund | 3,00,000 | 0.71% | ₹70.0 Cr |
 Groww Small Cap FundGroww Mutual Fund | 60,546 | 1.46% | ₹14.1 Cr |
| ICICI Prudential FMCG FundICICI Prudential Mutual Fund | 43,321 | 0.67% | ₹10.1 Cr |
 LIC MF Manufacturing FundLIC Mutual Fund | 12,912 | 0.39% | ₹3.01 Cr |
| Groww Value FundGroww Mutual Fund | 5,557 | 1.63% | ₹1.30 Cr |
| ICICI Prudential Life Cycle Fund 2041ICICI Prudential Mutual Fund | 5,095 | 2.16% | ₹1.19 Cr |
| ICICI Prudential Life Cycle Fund 2031ICICI Prudential Mutual Fund | 5,000 | 2.63% | ₹1.17 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 2 Nov 2025.Galaxy Surfactants insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade · 4 pledge filings of unclear kind
- Others: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Galaxy Surfactants competitors and peers
Specialty Chemicals, 130 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to Galaxy Surfactants in market cap.Chemical companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Elantas Beck IndiaELANTAS | 10,110 | 54.11 | 9.16 | +18.9% | +35.3% | 18.3% | 18.8% | 0.06% |
 Jubilant IngreviaJUBLINGREA | 8,894 | 25.37 | 2.68 | +15.4% | +21.7% | 11.0% | 12.0% | 0.90% |
 Alkyl Amines ChemicalsALKYLAMINE | 8,132 | 36.11 | 5.30 | +5.1% | +20.6% | 15.3% | 17.6% | 0.63% |
 Clean Science and TechnologyCLEAN | 7,606 | 32.61 | 4.55 | +4.5% | −12.1% | 14.7% | 16.4% | 0.84% |
 Neogen ChemicalsNEOGEN | 6,523 | 161.39 | 4.14 | +26.7% | +55.2% | 3.4% | 4.4% | 0.05% |
 Balaji AminesBALAMINES | 5,721 | 27.91 | 2.89 | +11.1% | +34.8% | 10.7% | 11.8% | 0.62% |
 Fineotex ChemicalFCL | 5,635 | 46.06 | 6.39 | +91.4% | +17.3% | 15.2% | 16.2% | 0.10% |
 Archean Chemical IndustriesACI | 5,460 | – | 2.78 | +6.0% | – | – | 5.7% | 0.57% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Galaxy Surfactants dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹22.00 a share, in 4 years, the latest the year to Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 31 Jul 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹22.00 |
| 1 Aug 2025 | Final | ₹4.00 |
| 20 Mar 2025 | Interim | ₹18.00 |
| 26 Jul 2024 | Final | ₹22.00 |
| 28 Jul 2023 | Final | ₹4.00 |
| 20 Feb 2023 | Interim | ₹18.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Galaxy Surfactants announcements
Oct 2026
28 Oct · Analysts
15 Oct · Meeting
Sep 2026
15 Sep · Analysts
3 Sep · Analysts
Galaxy Surfactants share price by year
Each calendar year to 2025.Galaxy Surfactants share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 2,049.40 | −18.6% | 2,696.60 | 1,969.70 |
| 2024 | 2,518.75 | −9.3% | 3,336.75 | 2,260.40 |
| 2023 | 2,775.75 | +12.9% | 2,952.50 | 2,254.75 |
| 2022 | 2,458.35 | −21.8% | 3,396.00 | 2,458.35 |
| 2021 | 3,142.45 | +57.2% | 3,515.35 | 2,015.45 |
| 2020 | 1,999.15 | +33.3% | 2,027.30 | 1,085.85 |
| 2019 | 1,500.00 | +22.4% | 1,600.00 | 891.20 |
| 2018 | 1,225.10 | – | 1,700.45 | 1,151.95 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2018 is from its first session, 8 Feb 2018.
Recent sessions
The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 29 Oct 2026 | 2,175.60 | 2,199.00 | 2,149.70 | 2,172.80 | 2,173.41 | 19,018 | 50.5% |
| 28 Oct 2026 | 2,186.40 | 2,200.00 | 2,160.00 | 2,169.70 | 2,171.99 | 32,966 | 68.1% |
| 27 Oct 2026 | 2,185.00 | 2,213.50 | 2,162.40 | 2,186.40 | 2,188.94 | 44,515 | 65.9% |
| 26 Oct 2026 | 2,220.90 | 2,236.00 | 2,160.20 | 2,174.90 | 2,190.71 | 26,754 | 56.2% |
| 23 Oct 2026 | 2,343.90 | 2,343.90 | 2,194.90 | 2,221.60 | 2,220.40 | 62,357 | 58.7% |
| 22 Oct 2026 | 2,330.00 | 2,366.50 | 2,311.70 | 2,344.00 | 2,340.23 | 23,253 | 49.0% |
| 21 Oct 2026 | 2,425.00 | 2,440.00 | 2,315.60 | 2,365.80 | 2,381.47 | 27,415 | 50.3% |
| 19 Oct 2026 | 2,491.00 | 2,505.60 | 2,406.00 | 2,437.50 | 2,453.74 | 23,263 | 49.4% |
| 16 Oct 2026 | 2,517.40 | 2,544.10 | 2,490.00 | 2,502.00 | 2,513.58 | 30,200 | 48.4% |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- GALAXYSURF
- BSE code
- 540935
- ISIN
- INE600K01018
- Industry
- Chemicals & Petrochemicals
- Website
- www.galaxysurfactants.com
- CIN
- L39877MH1986PLC039877
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1986
- Registered office
- C-49/2, TTC Industrial Area, Pawne, Navi Mumbai 400703, Maharashtra
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments