Galaxy Surfactants Limited (GALAXYSURF) - Net Assets
Based on the latest financial reports, Galaxy Surfactants Limited (GALAXYSURF) has net assets worth Rs25.35 Billion INR (≈ $274.14 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs37.78 Billion ≈ $408.53 Million USD) and total liabilities (Rs12.43 Billion ≈ $134.39 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset allocation strategy of Galaxy Surfactants Limited to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs25.35 Billion |
| % of Total Assets | 67.1% |
| Annual Growth Rate | 20.94% |
| 5-Year Change | 81.54% |
| 10-Year Change | 424.61% |
| Growth Volatility | 5.95 |
Galaxy Surfactants Limited - Net Assets Trend (2013–2025)
This chart illustrates how Galaxy Surfactants Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Galaxy Surfactants Limited stock valuation.
Annual Net Assets for Galaxy Surfactants Limited (2013–2025)
The table below shows the annual net assets of Galaxy Surfactants Limited from 2013 to 2025. Also explore GALAXYSURF net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs23.63 Billion ≈ $255.50 Million |
+8.41% |
| 2024-03-31 | Rs21.79 Billion ≈ $235.68 Million |
+15.76% |
| 2023-03-31 | Rs18.83 Billion ≈ $203.59 Million |
+19.58% |
| 2022-03-31 | Rs15.74 Billion ≈ $170.26 Million |
+20.97% |
| 2021-03-31 | Rs13.01 Billion ≈ $140.74 Million |
+21.88% |
| 2020-03-31 | Rs10.68 Billion ≈ $115.47 Million |
+21.79% |
| 2019-03-31 | Rs8.77 Billion ≈ $94.82 Million |
+21.98% |
| 2018-03-31 | Rs7.19 Billion ≈ $77.73 Million |
+25.02% |
| 2017-03-31 | Rs5.75 Billion ≈ $62.17 Million |
+27.66% |
| 2016-03-31 | Rs4.50 Billion ≈ $48.70 Million |
+19.17% |
| 2015-03-31 | Rs3.78 Billion ≈ $40.87 Million |
+17.27% |
| 2014-03-31 | Rs3.22 Billion ≈ $34.85 Million |
+33.54% |
| 2013-03-31 | Rs2.41 Billion ≈ $26.10 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Galaxy Surfactants Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1051.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs21.35 Billion | 90.35% |
| Common Stock | Rs354.50 Million | 1.50% |
| Other Comprehensive Income | Rs1.92 Billion | 8.14% |
| Other Components | Rs1.80 Million | 0.01% |
| Total Equity | Rs23.63 Billion | 100.00% |
Galaxy Surfactants Limited Competitors by Market Cap
The table below lists competitors of Galaxy Surfactants Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Blue Sail Medical Co Ltd
SHE:002382
|
$865.49 Million |
|
Anhui Gujing Distillery Co Ltd
SHE:200596
|
$865.49 Million |
|
JM AB (publ)
ST:JM
|
$865.64 Million |
|
Fujian Furi Electronics Co Ltd
SHG:600203
|
$865.99 Million |
|
JOST Werke AG
XETRA:JST
|
$865.39 Million |
|
SG Fleet Group Ltd
AU:SGF
|
$865.28 Million |
|
Zhongtong Bus Holding Co Ltd
SHE:000957
|
$865.00 Million |
|
Olema Pharmaceuticals Inc
NASDAQ:OLMA
|
$864.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Galaxy Surfactants Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 21,792,500,000 to 23,625,400,000, a change of 1,832,900,000 (8.4%).
- Net income of 3,049,100,000 contributed positively to equity growth.
- Dividend payments of 1,350,900,000 reduced retained earnings.
- Other comprehensive income increased equity by 270,900,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs3.05 Billion | +12.91% |
| Dividends Paid | Rs1.35 Billion | -5.72% |
| Other Comprehensive Income | Rs270.90 Million | +1.15% |
| Other Changes | Rs-136.20 Million | -0.58% |
| Total Change | Rs- | 8.41% |
Book Value vs Market Value Analysis
This analysis compares Galaxy Surfactants Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.39x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 33.16x to 3.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | Rs68.06 | Rs2257.00 | x |
| 2014-03-31 | Rs90.89 | Rs2257.00 | x |
| 2015-03-31 | Rs106.58 | Rs2257.00 | x |
| 2016-03-31 | Rs127.02 | Rs2257.00 | x |
| 2017-03-31 | Rs162.15 | Rs2257.00 | x |
| 2018-03-31 | Rs202.73 | Rs2257.00 | x |
| 2019-03-31 | Rs247.28 | Rs2257.00 | x |
| 2020-03-31 | Rs301.16 | Rs2257.00 | x |
| 2021-03-31 | Rs367.06 | Rs2257.00 | x |
| 2022-03-31 | Rs444.04 | Rs2257.00 | x |
| 2023-03-31 | Rs530.97 | Rs2257.00 | x |
| 2024-03-31 | Rs614.66 | Rs2257.00 | x |
| 2025-03-31 | Rs666.35 | Rs2257.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Galaxy Surfactants Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.91%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.22%
- • Asset Turnover: 1.22x
- • Equity Multiplier: 1.47x
- Recent ROE (12.91%) is below the historical average (18.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.12% | 0.02% | 1.65x | 3.96x | Rs-238.53 Million |
| 2014 | 23.58% | 4.48% | 1.66x | 3.18x | Rs437.72 Million |
| 2015 | 17.85% | 3.60% | 1.77x | 2.81x | Rs296.67 Million |
| 2016 | 22.81% | 5.70% | 1.62x | 2.46x | Rs576.84 Million |
| 2017 | 25.68% | 6.91% | 1.66x | 2.24x | Rs901.29 Million |
| 2018 | 21.99% | 6.55% | 1.66x | 2.02x | Rs861.53 Million |
| 2019 | 21.78% | 6.99% | 1.74x | 1.79x | Rs1.03 Billion |
| 2020 | 21.58% | 8.99% | 1.41x | 1.70x | Rs1.24 Billion |
| 2021 | 23.22% | 11.01% | 1.34x | 1.57x | Rs1.72 Billion |
| 2022 | 16.69% | 7.19% | 1.40x | 1.65x | Rs1.05 Billion |
| 2023 | 20.24% | 8.57% | 1.63x | 1.45x | Rs1.93 Billion |
| 2024 | 13.83% | 8.01% | 1.29x | 1.34x | Rs835.45 Million |
| 2025 | 12.91% | 7.22% | 1.22x | 1.47x | Rs686.56 Million |
Industry Comparison
This section compares Galaxy Surfactants Limited's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $5,073,916,145
- Average return on equity (ROE) among peers: 17.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Galaxy Surfactants Limited (GALAXYSURF) | Rs25.35 Billion | 0.12% | 0.49x | $865.40 Million |
| Aarti Industries Limited (AARTIIND) | $4.63 Billion | 17.78% | 1.63x | $1.87 Billion |
| Aarti Surfactants Limited (AARTISURF) | $1.33 Billion | 16.31% | 1.89x | $48.10 Million |
| ABM International Limited (ABMINTLLTD) | $214.51 Million | 3.09% | 0.89x | $5.19 Million |
| Advanced Enzyme Technologies Limited (ADVENZYMES) | $16.83 Billion | 10.02% | 0.09x | $348.88 Million |
| Aether Industries Limited (AETHER) | $1.74 Billion | 40.79% | 1.60x | $2.33 Billion |
| Akzo Nobel India Limited (AKZOINDIA) | $7.64 Billion | 7.84% | 0.52x | $1.60 Billion |
| Alkali Metals Limited (ALKALI) | $340.82 Million | 23.27% | 0.98x | $8.04 Million |
| Alkyl Amines Chemicals Limited (ALKYLAMINE) | $11.69 Billion | 19.56% | 0.36x | $1.02 Billion |
| Ami Organics Limited (AMIORG) | $389.92 Million | 30.90% | 1.80x | $1.18 Billion |
| Anupam Rasayan India Limited (ANURAS) | $5.94 Billion | 8.96% | 1.80x | $1.45 Billion |
About Galaxy Surfactants Limited
Galaxy Surfactants Limited manufactures and sells surfactants and other specialty ingredients for the personal and home care industry in India and internationally. It offers fatty alcohol sulfates and ether sulfates, fatty alcohol ethoxylates and labsa, foam and viscosity boosters, mild surfactants, pearlizers, surfactant blends, syndets and TBB, sunscreens, functional actives, and preservatives … Read more