Galaxy Surfactants Ltd Share Price – NSE /  BSE

Chemicals, Small Cap

Profit before tax (PBT) rose 7.17% YoY to Rs 104.49 core in Q2 FY25.

In Q2 FY25, EBITDA climbed 6.9% YoY to Rs 136.3 crore during the quarter as compared with Rs 127.6 crore posted in same quarter last year. EBITDA margin was 12.7% in Q2 FY25 as against 12.9% in Q2 FY24.

Fatty Alcohol prices in this quarter increased to an average price of $ 1,926/MT as compared with $ 1,415/ MT in Q2 FY24.

K. Natarajan, managing director, Galaxy Surfactants, said, “Q2FY25 was a mixed quarter for us. While this Quarter has seen sequential Volume growth as well as YoY mid single digit volume growth driven primarily by our Specialty Care products; a slowdown in India remains an area of concern. The significant uptick in raw material prices combined with supply chain challenges did disturb momentum in this quarter and remains a major risk going ahead.

While EBITDA/MT came in below the guided band of Rs 20500-21500 at 20,097/MT; improvement in premium specialties business should aid margins going ahead. We strongly believe, the sequential improvement seen in this quarter, is a major positive and the same should continue going ahead.”

Galaxy Surfactants is leading manufacturers of performance surfactants and specialty care products with more than 210 product grades. These products are used in consumer-centric home and personal care products like hair care, oral care, skin care, cosmetics, soap, shampoo, lotion, detergent, cleaning products etc.

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Net profit of Galaxy Surfactants rose 9.42% to Rs 84.71 crore in the quarter ended September 2024 as against Rs 77.42 crore during the previous quarter ended September 2023. Sales rose 8.12% to Rs 1062.99 crore in the quarter ended September 2024 as against Rs 983.12 crore during the previous quarter ended September 2023.

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Galaxy Surfactants will hold a meeting of the Board of Directors of the Company on 11 November 2024

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Galaxy Surfactants announced the cessation of M.G. Parmeswaran (DIN: 00792123) and Subodh Nadkarni (DIN:00145999) as independent directors on board of the company with effect from 13 August 2024 on completion of their second term.

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