GALXBRG
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Revenue Mix
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Forensics
Recent events
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News
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Corporate Actions
Galaxy Bearings To Install Manufacturing Set-Up For Industrial Bearings
Oct 28 (Reuters) - Galaxy Bearings Ltd GLXB.BO:
TO INSTALL MANUFACTURING SET-UP FOR INDUSTRIAL BEARINGS
EXPECT REVENUE RISE AFTER PRODUCTION BEGINS TO 1 BILLION RUPEES IN 2028-29
Source text: ID:nBSEchglnB
Further company coverage: GLXB.BO
(([email protected];;))
Oct 28 (Reuters) - Galaxy Bearings Ltd GLXB.BO:
TO INSTALL MANUFACTURING SET-UP FOR INDUSTRIAL BEARINGS
EXPECT REVENUE RISE AFTER PRODUCTION BEGINS TO 1 BILLION RUPEES IN 2028-29
Source text: ID:nBSEchglnB
Further company coverage: GLXB.BO
(([email protected];;))
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Popular questions
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What does Galaxy Bearings do?
Galaxy Bearings Ltd. is the first Public Limited Company of the Galaxy – Adico group, established in 1990. It specializes in manufacturing Taper Roller Bearings & Cylindrical Roller Bearings for various market segments.
Who are the competitors of Galaxy Bearings?
Galaxy Bearings major competitors are SNL Bearings, Bimetal Bearings, SKP Bearing Indus., Menon Bearings, NRB Bearings, Harsha Engineers Int, Rolex Rings. Market Cap of Galaxy Bearings is ₹144 Crs. While the median market cap of its peers are ₹615 Crs.
Is Galaxy Bearings financially stable compared to its competitors?
Galaxy Bearings seems to be less financially stable compared to its competitors. Altman Z score of Galaxy Bearings is 4.19 and is ranked 6 out of its 8 competitors.
Does Galaxy Bearings pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Galaxy Bearings latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Galaxy Bearings allocated its funds?
Companies resources are allocated to majorly unproductive assets like Accounts Receivable
How strong is Galaxy Bearings balance sheet?
Balance sheet of Galaxy Bearings is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Galaxy Bearings improving?
No, profit is decreasing. The profit of Galaxy Bearings is ₹6.37 Crs for TTM, ₹13.71 Crs for Mar 2025 and ₹18.84 Crs for Mar 2024.
Is the debt of Galaxy Bearings increasing or decreasing?
The net debt of Galaxy Bearings is decreasing. Latest net debt of Galaxy Bearings is ₹26.22 Crs as of Sep-25. This is less than Mar-25 when it was ₹28.48 Crs.
Is Galaxy Bearings stock expensive?
Galaxy Bearings is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Galaxy Bearings is 21.48, while 3 year average PE is 21.78. Also latest EV/EBITDA of Galaxy Bearings is 18.94 while 3yr average is 17.24.
Has the share price of Galaxy Bearings grown faster than its competition?
Galaxy Bearings has given lower returns compared to its competitors. Galaxy Bearings has grown at ~-22.28% over the last 3yrs while peers have grown at a median rate of 4.15%
Is the promoter bullish about Galaxy Bearings?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 46.31% and last quarter promoter holding is 46.28%.
Are mutual funds buying/selling Galaxy Bearings?
There is Insufficient data to gauge this.
