Financials Galaxy Surfactants Limited Bombay S.E.

Equities

GALAXYSURF

INE600K01018

Specialty Chemicals

Market Closed - Bombay S.E. 06:00:51 2024-07-16 am EDT 5-day change 1st Jan Change
2,900 INR -0.34% Intraday chart for Galaxy Surfactants Limited -4.05% +4.41%

Valuation

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 41,782 90,294 101,557 82,588 80,527 102,904 - -
Enterprise Value (EV) 1 41,782 90,294 104,505 82,831 80,527 99,334 98,423 97,779
P/E ratio 18.1 x 29.9 x 38.6 x 21.7 x 26.7 x 29 x 24.7 x 21.1 x
Yield 0.68% 0.71% 0.63% 0.94% - 0.9% 1.06% 0.95%
Capitalization / Revenue 1.61 x 3.24 x 2.76 x 1.86 x 2.12 x 2.43 x 2.2 x 2.09 x
EV / Revenue 1.61 x 3.24 x 2.84 x 1.86 x 2.12 x 2.34 x 2.11 x 1.99 x
EV / EBITDA 11.3 x 20.1 x 26.1 x 14.6 x 17.4 x 18.2 x 15.6 x 13.9 x
EV / FCF 23.9 x 35.1 x -69.6 x 19.4 x - 48 x 34.8 x 28.3 x
FCF Yield 4.18% 2.85% -1.44% 5.15% - 2.08% 2.87% 3.53%
Price to Book 3.91 x 6.94 x 6.45 x 4.39 x - 4.2 x 3.74 x 3.23 x
Nbr of stocks (in thousands) 35,455 35,455 35,455 35,455 35,455 35,455 - -
Reference price 2 1,178 2,547 2,864 2,329 2,271 2,902 2,902 2,902
Announcement Date 6/25/20 6/8/21 5/17/22 5/23/23 5/21/24 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 25,964 27,841 36,857 44,452 37,944 42,390 46,685 49,184
EBITDA 1 3,689 4,488 4,007 5,683 4,622 5,467 6,316 7,027
EBIT 1 3,067 3,749 3,296 4,848 3,624 4,648 5,342 5,480
Operating Margin 11.81% 13.47% 8.94% 10.91% 9.55% 10.96% 11.44% 11.14%
Earnings before Tax (EBT) 1 2,888 3,723 3,293 4,730 3,755 4,479 5,297 6,160
Net income 1 2,304 3,021 2,628 3,810 3,015 3,539 4,170 4,869
Net margin 8.87% 10.85% 7.13% 8.57% 7.95% 8.35% 8.93% 9.9%
EPS 2 64.99 85.22 74.12 107.5 85.03 100.2 117.3 137.3
Free Cash Flow 1 1,746 2,575 -1,502 4,269 - 2,068 2,830 3,453
FCF margin 6.72% 9.25% -4.08% 9.6% - 4.88% 6.06% 7.02%
FCF Conversion (EBITDA) 47.32% 57.37% - 75.12% - 37.84% 44.8% 49.14%
FCF Conversion (Net income) 75.76% 85.23% - 112.05% - 58.45% 67.85% 70.92%
Dividend per Share 2 8.000 18.00 18.00 22.00 - 26.13 30.68 27.70
Announcement Date 6/25/20 6/8/21 5/17/22 5/23/23 5/21/24 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Marzo 2021 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4
Net sales 1 13,258 9,291 10,529 11,589 12,316 10,803 9,745 9,418 9,831 9,405 9,290 9,692 10,535 10,914 12,048
EBITDA 1 2,120 763.9 1,450 1,440 1,317 1,541 1,345 1,232 1,249 1,125 1,016 1,152 1,327 1,451 1,590
EBIT 1 - - 1,266 1,251 1,112 1,325 - 993.8 1,002 873.6 753.8 963.5 - - -
Operating Margin - - 12.02% 10.79% 9.03% 12.27% - 10.55% 10.2% 9.29% 8.11% 9.94% - - -
Earnings before Tax (EBT) 1 - 575.8 1,244 1,227 1,067 1,307 1,129 961.7 975 878.4 939 940 1,048 1,168 1,293
Net income 1 - 456.2 984 1,004 838.7 1,062 905.3 751.8 774.2 713.7 775 715.8 837 932 1,031
Net margin - 4.91% 9.35% 8.66% 6.81% 9.83% 9.29% 7.98% 7.87% 7.59% 8.34% 7.39% 7.94% 8.54% 8.56%
EPS 2 - - - - 23.65 - - 21.20 21.84 20.13 21.86 22.05 - - -
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 11/11/20 2/12/22 5/17/22 8/9/22 11/9/22 2/11/23 5/23/23 8/11/23 11/10/23 2/12/24 5/21/24 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: Marzo 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 - - 2,949 242 - - - -
Net Cash position 1 - - - - - 3,570 4,481 5,125
Leverage (Debt/EBITDA) - - 0.7359 x 0.0426 x - - - -
Free Cash Flow 1 1,746 2,575 -1,502 4,269 - 2,069 2,830 3,453
ROE (net income / shareholders' equity) 23.7% 25.5% 18.3% 22% - 15.2% 16% 16.9%
ROA (Net income/ Total Assets) - - - - - 15.1% 15.9% -
Assets 1 - - - - - 23,437 26,229 -
Book Value Per Share 2 301.0 367.0 444.0 531.0 - 691.0 777.0 898.0
Cash Flow per Share - - - - - - - -
Capex 1 1,416 1,075 1,552 1,461 - 1,605 1,504 1,233
Capex / Sales 5.45% 3.86% 4.21% 3.29% - 3.79% 3.22% 2.51%
Announcement Date 6/25/20 6/8/21 5/17/22 5/23/23 5/21/24 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
12
Last Close Price
2,902 INR
Average target price
3,100 INR
Spread / Average Target
+6.79%
Consensus
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