Manufactures bearings, classified under Industrial Products / Abrasives & Bearings, with FY26 revenue from operations of ₹6,751.10 lakhs, down from ₹10,421.86 lakhs in FY25. Profit after tax fell to ₹330.99 lakhs (FY25: ₹1,371.15 lakhs), weighed by a one-time ₹6.70 crore professional fee linked to OFAC delisting work. Materials account for 33.3% of revenue, employees 9.5%, other operating expenses 41.5% and depreciation 2.6%. The company was on the US Treasury OFAC SDN List from 30 October 2024 until removal on 30 June 2026, over alleged dual-use exports to Russia, which restricted access to USD and EUR banking channels during that period. It is evaluating the sale of its ~20,234 sq m industrial land at Sanaswadi, Pune, and has advanced ₹3.51 crore toward a ₹6 crore purchase of ~7,588 sq m of land at Shapar, Gujarat, for business purposes. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Bearings. Small, asset-heavy bearings manufacturer with active real-estate transactions
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 104 | 119 | 127 | 104 | 68 |
| EBITDA (ex other income) | 18 | 21 | 21 | 19 | 6 |
| margin % | 17.6 | 17.7 | 16.4 | 18.4 | 9.5 |
| Owners' profit | 13 | 16 | 19 | 14 | 3 |
| EPS, as reported (₹) | 41.78 | 50.14 | 59.26 | 43.12 | 10.41 |
| ROE % · ROCE % | 22.7 · 30.9 | 21.4 · 29.3 | 20.2 · 27.2 | 12.8 · 18.1 | 3.0 · 6.1 |
| Debt / equity (x) | 0.06 | 0.05 | 0.17 | 0.27 | 0.16 |
| Cash from operations | 2 | 24 | 5 | (2) | 20 |
| Capex | (2) | (14) | (16) | (6) | (5) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 36 | 16 | 30 | 17 | 15 | 15 | 21 | 16 |
| Profit before tax | 7 | 2 | 6 | 3 | (2) | 2 | 1 | 4 |
| Net profit | 5 | 2 | 4 | 3 | (2) | 2 | 1 | 3 |
| EPS (₹) | 14.86 | 4.80 | 13.01 | 8.15 | 6.77 | 5.64 | 3.39 | 9.40 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| TIMKEN INDIA LTD. | 24,839 | 74.7 | 8.52 | 37.1 | 14.2 | 18.4 | — | 20.0 |
| GRINDWELL NORTON LIMITED | 21,369 | 40.3 | 8.38 | 31.9 | 16.3 | 20.7 | 13.4 | 22.6 |
| CARBORUNDUM UNIVERSAL LTD | 20,507 | 97.2 | 5.12 | 39.0 | 4.2 | 5.9 | 14.6 | 12.6 |
| SKF IND (INDUSTRIAL) LTD | 14,417 | 110.0 | 9.76 | — | 14.7 | 14.9 | — | 10.1 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 3 Sept 2026 · Monthly Report on Physical Share Transfer and Demat Requests for August 2026 | compliance | minimal | — | — |
| 29 Aug 2026 · Galaxy Bearings publishes 36th AGM notice in Western Times | compliance | minimal | — | — |
| 27 Aug 2026 · Galaxy Bearings pays additional Rs 1 Crore advance for land purchase | capex operations | medium | — | — |
| 27 Aug 2026 · Galaxy Bearings 36th AGM on September 22, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 27 Aug 2026 · Galaxy Bearings sends AGM notice and Annual Report web link to shareholders for FY26 | compliance | minimal | — | — |
| 27 Aug 2026 · Galaxy Bearings 36th AGM on Sep 22, 2026 via video conferencing | board shareholder meetings | medium | — | — |
| 27 Aug 2026 · Book closure for 36th AGM, 15 to 22 September 2026 | corporate actions | low | — | — |
| 27 Aug 2026 · Galaxy Bearings submits FY26 Annual Report, 36th AGM on Sep 22, 2026 | compliance | minimal | — | — |
| 8 Aug 2026 · Galaxy Bearings publishes Q1 FY26 results advertisement in newspapers | compliance | minimal | — | — |
| 7 Aug 2026 · Galaxy Bearings: Q1 results dip, US sanctions removed, director re-appointed | management changes | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| WENDT (INDIA) LIMITED |
| 1,769 |
| 104.4 |
| 6.97 |
| 46.3 |
| 5.7 |
| 8.9 |
| 11.6 |
| 17.6 |
| GALAXY BEARINGS LTD. ◆ | 291 | 36.3 | 2.64 | — | 3.0 | 4.1 | — | 29.7 |
| NRB INDUS. BEARINGS LTD. | 81 | — | — | — | 53.4 | (75.7) | 6.0 | (4.0) |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 36.3 | 18.8 | 279 of 366 | 24% |
| P/B | 2.6 | 2.1 | 185 of 315 | 41% |
| ROCE | 4.1 | 9.6 | 272 of 382 | 29% |
| ROE | 3.0 | 8.7 | 255 of 343 | 26% |
| Debt / Equity | 0.2 | 0.2 | 172 of 343 | 50% |
| EBITDA margin | 29.8 | 11.9 | 33 of 317 | 90% |
| Revenue growth | (5.5) | 13.7 | 240 of 311 | 23% |
| Profit growth | 15.3 | 25.5 | 183 of 314 | 42% |
| Market cap | 291 | 226 | 178 of 382 | 54% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
