Galaxy Surfactants Limited — Quarter and year ended 31st March, 2026 (results published 14 May 2026)
Standalone: Statement of Standalone Financial Results for the Quarter and Year Ended 31st March, 2026 (Figures in ₹ Crores)
| Particulars | Quarter ended 31st March, 2026 Unaudited Refer Note 4 |
Quarter ended 31st December, 2025 Unaudited |
Quarter ended 31st March, 2025 Unaudited Refer Note 4 |
Year ended 31st March, 2026 Audited |
Year ended 31st March, 2025 Audited |
|---|---|---|---|---|---|
| I. INCOME | |||||
| Revenue from operations | 928.34 | 867.69 | 814.25 | 3,589.07 | 3,001.27 |
| Other income (Refer Note 5) | 6.17 | 3.93 | 6.69 | 29.63 | 26.45 |
| TOTAL INCOME | 934.51 | 871.62 | 820.94 | 3,618.70 | 3,027.72 |
| II. EXPENSES | |||||
| Cost of materials consumed | 738.09 | 645.65 | 618.59 | 2,802.19 | 2,188.85 |
| Purchases of stock-in-trade | 3.53 | 6.82 | 2.58 | 23.69 | 21.13 |
| Changes in inventories of finished goods (including stock-in-trade) and work-in-progress | (29.07) | 26.71 | (13.02) | (43.55) | (39.80) |
| Employee benefits expense | 47.34 | 43.44 | 40.59 | 181.62 | 171.08 |
| Finance costs | 7.80 | 7.75 | 5.34 | 27.62 | 16.59 |
| Depreciation and amortisation expenses | 20.65 | 18.74 | 17.06 | 75.36 | 67.18 |
| Other expenses | 88.62 | 83.31 | 90.48 | 337.92 | 377.92 |
| TOTAL EXPENSES | 876.96 | 832.42 | 761.62 | 3,404.85 | 2,802.95 |
| III. Profit before exceptional items and tax [I-II] | 57.55 | 39.20 | 59.32 | 213.85 | 224.77 |
| IV. Exceptional items (Refer Note 8) | – | 11.88 | – | 11.88 | – |
| V. Profit before tax [III – IV] | 57.55 | 27.32 | 59.32 | 201.97 | 224.77 |
| VI. Tax expenses | |||||
| Current tax | 11.59 | 9.35 | 12.27 | 48.73 | 51.16 |
| Deferred tax (credit)/charge | 1.86 | (1.74) | 3.01 | 1.20 | (0.21) |
| Total tax expenses | 13.45 | 7.61 | 15.28 | 49.93 | 50.95 |
| VII. PROFIT AFTER TAX [V – VI] | 44.10 | 19.71 | 44.04 | 152.04 | 173.82 |
| VIII. OTHER COMPREHENSIVE INCOME/(LOSS) FOR THE PERIOD/YEAR | |||||
| A. (i) Items that will not be reclassified subsequently to profit or loss | 4.59 | (0.18) | (4.48) | 4.06 | (3.73) |
| (ii) Income tax relating to items that will not be reclassified to profit or loss | (1.15) | 0.04 | 1.12 | (1.02) | 0.94 |
| B. (i) Items that will be reclassified subsequently to profit or loss | – | – | – | – | – |
| OTHER COMPREHENSIVE INCOME/(LOSS) FOR THE PERIOD/YEAR | 3.44 | (0.14) | (3.36) | 3.04 | (2.79) |
| TOTAL COMPREHENSIVE INCOME FOR THE PERIOD/YEAR [VII + VIII] | 47.54 | 19.57 | 40.68 | 155.08 | 171.03 |
| Paid up Equity Share Capital (Face value of ₹ 10 per share) | 35.45 | 35.45 | 35.45 | 35.45 | 35.45 |
| Other Equity | – | – | – | 1,542.52 | 1,399.28 |
| Earnings per equity share (Face value ₹ 10 per share) | |||||
| Basic (In ₹) * | 12.44 | 5.56 | 12.42 | 42.88 | 49.03 |
| Diluted (In ₹) * | 12.40 | 5.55 | 12.42 | 42.84 | 49.03 |
Standalone: Standalone Statement of Assets and Liabilities as at 31st March, 2026 (Figures in ₹ Crores)
| Particulars | As at 31st March, 2026 Audited | As at 31st March, 2025 Audited |
|---|---|---|
| I. Assets | ||
| (a) Property, Plant and Equipment | 690.30 | 553.50 |
| (b) Right of use Assets (Refer Note 7) | 145.42 | 145.41 |
| (c) Capital Work-in-Progress | 176.67 | 253.88 |
| (d) Other Intangible Assets | 4.52 | 3.12 |
| (e) Financial Assets | ||
| (i) Investments | 126.78 | 117.79 |
| (ii) Loans | 1.94 | 1.78 |
| (iii) Other Financial Assets | 15.35 | 18.57 |
| (f) Income Tax Assets (Net) | 8.11 | 8.22 |
| (g) Other Non-Current Assets | 25.97 | 29.07 |
| Total Non-Current Assets | 1,195.06 | 1,131.34 |
| Current Assets | ||
| (a) Inventories | 523.72 | 437.59 |
| (b) Financial Assets | ||
| (i) Investments | 87.74 | 95.52 |
| (ii) Trade Receivables | 576.89 | 492.81 |
| (iii) Cash and Cash Equivalents | 5.32 | 8.95 |
| (iv) Bank Balances other than Cash and Cash Equivalents | 0.70 | 13.88 |
| (v) Loans | 1.10 | 0.87 |
| (vi) Other Financial Assets | 14.65 | 11.14 |
| (c) Other Current Assets | 63.18 | 132.66 |
| Total Current Assets | 1,273.30 | 1,193.42 |
| Total Assets | 2,468.36 | 2,324.76 |
| II. Equity And Liabilities | ||
| Equity | ||
| (a) Equity Share Capital | 35.45 | 35.45 |
| (b) Other Equity | 1,542.52 | 1,399.28 |
| Total Equity | 1,577.97 | 1,434.73 |
| Liabilities | ||
| Non-Current Liabilities | ||
| (a) Financial Liabilities | ||
| (i) Borrowings | 5.71 | 17.13 |
| (ii) Lease Liabilities | 19.02 | 18.78 |
| (iii) Other Financial Liabilities | 0.30 | 0.30 |
| (b) Provisions | 14.74 | 10.01 |
| (c) Deferred Tax Liabilities (Net) | 36.41 | 34.18 |
| (d) Other Non-current Liabilities | 3.12 | 3.15 |
| Total Non-Current Liabilities | 79.30 | 83.55 |
| Current Liabilities | ||
| (a) Financial Liabilities | ||
| (i) Borrowings | 158.78 | 119.78 |
| (ii) Lease Liabilities | 7.10 | 4.89 |
| (iii) Trade Payables | ||
| (a) Total outstanding dues of Micro and Small Enterprises | 21.37 | 8.90 |
| (b) Total outstanding dues of creditors other than Micro and Small Enterprises | 536.20 | 503.54 |
| (iv) Other Financial Liabilities | 15.77 | 21.56 |
| (b) Provisions | 8.76 | 6.48 |
| (c) Current Tax Liabilities (Net) | 4.55 | 3.53 |
| (d) Other Current Liabilities | 58.56 | 137.80 |
| Total Current Liabilities | 811.09 | 806.48 |
| Total Equity And Liabilities | 2,468.36 | 2,324.76 |
Standalone: Standalone Statement of Cash Flows for the year ended 31st March, 2026 (Figures in ₹ Crores)
| Particulars | 2025-26 Audited | 2024-25 Audited |
|---|---|---|
| A. CASH FLOWS FROM OPERATING ACTIVITIES : | ||
| Profit After Tax | 152.04 | 173.82 |
| Adjustments for : | ||
| – Income tax expenses | 49.93 | 50.95 |
| – Finance costs | 27.62 | 16.59 |
| – Interest Subvention income | – | (0.15) |
| – Interest income | (5.51) | (3.35) |
| – Commission income | (1.45) | – |
| – Deferred income from Export Promotion Capital Goods Scheme (EPCG) | (0.15) | (0.12) |
| – Unrealised Foreign Exchange Gain (Net) | (3.06) | (0.53) |
| – Loss/(Gain) on sale/retirement of Property, Plant and Equipment (Net) | 1.27 | 0.97 |
| – Impairment Reversal in Property, Plant and Equipment | (0.37) | (0.01) |
| – Gain on early termination of leases | – | (0.03) |
| – Depreciation and amortisation expenses | 75.36 | 67.18 |
| – Net loss/(gain) arising on financial assets measured at Fair Value through Profit and Loss (including income on redemption of preference shares) | (26.52) | (22.92) |
| – Share based payment expenses (Net) | 2.34 | – |
| – Bad Debts and allowance for Expected Credit Loss and Doubtful Advances (Net) | 0.69 | 0.56 |
| – Liabilities no longer required written back | (0.05) | – |
| – Reversal of provision for diminution in Investments | – | (0.31) |
| Operating Profit before Working Capital changes | 120.10 | 108.83 |
| Changes in : | ||
| – Trade receivables and Other Assets | (12.00) | (96.43) |
| – Inventories | (86.13) | (109.95) |
| – Trade payables, Provisions and Other Liabilities | (31.49) | 265.97 |
| (129.62) | (129.62) | 59.59 |
| Cash generated from operations | 142.52 | 342.24 |
| Income Taxes Paid (net of refunds) | (47.59) | (46.78) |
| NET CASH FLOWS FROM OPERATING ACTIVITIES | 94.93 | 295.46 |
| B. CASH FLOWS FROM INVESTING ACTIVITIES : | ||
| Interest received | 5.70 | 3.28 |
| Payments for Property, Plant and Equipment (including Capital Work-in-Progress) and Intangible Assets | (118.69) | (165.32) |
| Payment for acquiring Right of Use Assets | – | (34.70) |
| Proceeds from disposal of Property, Plant and Equipment | 0.51 | 2.29 |
| (Purchase)/ Sale of Current Investments (Net) | 12.27 | (64.92) |
| (Increase)/ Decrease in Earmarked balances with banks (Net) | 13.18 | (13.05) |
| (Increase)/ Decrease in bank deposits not considered as Cash and Cash Equivalents (Net) | 4.64 | 13.07 |
| Investment in Subsidiaries | (3.25) | (13.57) |
| Proceeds from redemption of 10% Non Cumulative Redeemable Preference Shares | 16.29 | 108.11 |
| NET CASH FLOWS (USED IN) INVESTING ACTIVITIES | (69.35) | (164.81) |
| C. CASH FLOWS FROM FINANCING ACTIVITIES : | ||
| Repayment of long term borrowings | (14.29) | (48.57) |
| Proceeds from/(Repayment of) short term borrowings (Net) | 40.78 | 64.38 |
| Dividend paid on equity shares | (21.04) | (135.09) |
| Interest paid | (26.62) | (18.20) |
| Payment of lease liabilities | (7.93) | (6.16) |
| NET CASH FLOWS (USED IN) FINANCING ACTIVITIES | (29.10) | (143.64) |
| NET (DECREASE) IN CASH AND CASH EQUIVALENTS | (3.52) | (12.99) |
| OPENING CASH AND CASH EQUIVALENTS | 8.95 | 21.90 |
| Effects of exchange rate changes on the balance of cash and cash equivalents held in foreign currencies | (0.11) | 0.04 |
| CLOSING CASH AND CASH EQUIVALENTS | 5.32 | 8.95 |
Consolidated: Statement of Consolidated Financial Results for the Quarter and Year Ended 31st March, 2026 (Figures in ₹ Crores)
| Particulars | Quarter ended 31st March, 2026 Unaudited Refer Note 4 |
Quarter ended 31st December, 2025 Unaudited |
Quarter ended 31st March, 2025 Unaudited Refer Note 4 |
Year ended 31st March, 2026 Audited |
Year ended 31st March, 2025 Audited |
|---|---|---|---|---|---|
| I. INCOME | |||||
| Revenue from operations | 1,314.70 | 1,329.49 | 1,144.93 | 5,248.28 | 4,223.67 |
| Other income | 0.28 | 4.80 | 7.75 | 22.10 | 25.81 |
| TOTAL INCOME | 1,314.98 | 1,334.29 | 1,152.68 | 5,270.38 | 4,249.48 |
| II. EXPENSES | |||||
| Cost of materials consumed | 967.40 | 954.45 | 809.21 | 3,863.68 | 2,880.05 |
| Purchases of stock-in-trade | 24.19 | 22.03 | 18.37 | 89.14 | 79.56 |
| Changes in inventories of finished goods (including stock-in-trade) and work-in-progress | (16.46) | 22.02 | (19.17) | (35.16) | (74.00) |
| Employee benefits expense | 83.94 | 80.15 | 75.82 | 328.10 | 302.54 |
| Finance costs | 8.48 | 8.54 | 6.22 | 30.85 | 19.25 |
| Depreciation and amortisation expenses | 33.22 | 30.69 | 28.34 | 123.00 | 110.34 |
| Other expenses | 134.02 | 131.49 | 133.77 | 527.25 | 551.29 |
| TOTAL EXPENSES | 1,234.79 | 1,249.37 | 1,052.56 | 4,926.86 | 3,869.03 |
| III. Profit before exceptional items and tax [I-II] | 80.19 | 84.92 | 100.12 | 343.52 | 380.45 |
| IV. Exceptional items | – | 11.88 | – | 11.88 | – |
| V. Profit before tax [III – IV] | 80.19 | 73.04 | 100.12 | 331.64 | 380.45 |
| VI. Tax expenses | |||||
| Current tax | 18.84 | 11.48 |