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Last Updated on: 24 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 540935 | NSE: GALAXYSURF

Galaxy Surfactants Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 22, 2024, 11:17 pm

Market Cap 9,695 Cr.
Current Price 2,734
High / Low3,370/2,241
Stock P/E31.0
Book Value 640
Dividend Yield0.80 %
ROCE17.4 %
ROE14.9 %
Face Value 10.0
PEG Ratio4.83

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Galaxy Surfactants Ltd

Competitors of Galaxy Surfactants Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Gujarat Natural Resources Ltd 206 Cr. 25.631.1/12.7 13.60.00 %1.15 %3.61 % 10.0
Dolphin Offshore Enterprises (India) Ltd 2,030 Cr. 523949/81.493.1 60.60.00 %0.97 %3.22 % 1.00
Deep Energy Resources Ltd 999 Cr. 312348/150694 1210.00 %0.39 %0.35 % 10.0
Selan Explorations Technology Ltd 1,303 Cr. 8561,100/40422.5 2860.00 %12.3 %8.70 % 10.0
Oil India Ltd 82,476 Cr. 507768/1959.84 3242.07 %17.7 %18.0 % 10.0
Industry Average34,308.08 Cr573.7093.64582.840.89%9.77%8.68%6.58

All Competitor Stocks of Galaxy Surfactants Ltd

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales6757848268779291,0531,1591,2321,085974942983940
Expenses5556667188068539081,0111,100931840819858828
Operating Profit1191171087176145148132154135123125112
OPM %18%15%13%8%8%14%13%11%14%14%13%13%12%
Other Income335521-2147236
Interest2334334666656
Depreciation17241718181819202223242525
Profit before tax10393935458124123107131113969888
Tax %17%15%18%22%21%21%18%21%19%20%22%21%19%
Net Profit8579774246981008410691757771
EPS in Rs24.0422.1921.6711.8312.8727.7528.3123.6629.9625.5321.2021.8420.13

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,8701,7992,1582,4322,7612,5952,7823,6844,4433,840
Expenses1,6811,5631,8862,1442,4082,2262,3343,2843,8753,345
Operating Profit190236271288353369449401568495
OPM %10%13%13%12%13%14%16%11%13%13%
Other Income2610105611131019
Interest34342731302413132223
Depreciation45454749516274718396
Profit before tax112163207219277289372329473394
Tax %40%37%29%28%31%20%19%20%19%
Net Profit67103148158191230302263381314
EPS in Rs19.0328.9741.6444.5753.8764.9985.2274.12107.4688.70
Dividend Payout %21%31%14%16%15%22%21%24%54%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)53.73%43.69%6.76%20.89%20.42%31.30%-12.91%44.87%
Change in YoY Net Profit Growth (%)0.00%-10.04%-36.93%14.13%-0.47%10.89%-44.22%57.78%

Galaxy Surfactants Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2015-2016 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:%
5 Years:7%
3 Years:11%
TTM:-2%
Compounded Profit Growth
10 Years:%
5 Years:10%
3 Years:0%
TTM:-10%
Stock Price CAGR
10 Years:%
5 Years:13%
3 Years:-2%
1 Year:-3%
Return on Equity
10 Years:%
5 Years:20%
3 Years:18%
Last Year:15%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 12:31 am

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital3535353535353535353535
Reserves3424125396838411,0321,2661,5391,8472,1442,234
Borrowings451412393348298396289421327187149
Other Liabilities231250315385389348458602518539692
Total Liabilities1,0601,1091,2831,4521,5631,8122,0492,5972,7282,9063,111
Fixed Assets459436456447519748712760923973992
CWIP75110258366124205139158215
Investments0000064300198254
Other Assets5946238179809629921,1701,6301,6651,5761,650
Total Assets1,0601,1091,2831,4521,5631,8122,0492,5972,7282,9063,111

Reserves and Borrowings Chart

Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +411701111452833163655573518
Cash from Investing Activity +-26-59-43-54-166-149-166-82-141-341
Cash from Financing Activity +-17-110-57-90-119-144-16559-264-189
Net Cash Flow-20111-22334-18168-11

Free Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-261.00-176.00-122.00-60.0055.00-27.00160.00-20.00241.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days43515963566262635057
Inventory Days687279756872911037882
Days Payable50596371596080755266
Cash Conversion Cycle61647567657372917673
Working Capital Days50566572637276927173
ROCE %23%26%25%28%24%25%19%24%17%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters70.93%70.93%70.93%70.93%70.93%70.93%70.93%70.93%70.93%70.92%70.91%70.91%
FIIs2.42%2.05%1.89%2.01%2.82%2.78%2.89%2.99%3.08%3.61%3.75%3.87%
DIIs13.29%13.37%13.78%13.62%12.73%12.72%12.66%12.64%12.56%12.43%12.73%12.71%
Public13.36%13.65%13.40%13.44%13.52%13.59%13.52%13.43%13.44%13.03%12.60%12.51%
No. of Shareholders60,51264,37562,53162,89563,03464,78764,03763,85863,39659,61158,02956,328

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
SBI Balanced Advantage Fund53,293,3683.35919.8410,961,7002024-11-21386.18%
SBI Contra Fund41,173,7883.01710.6610,961,7002024-11-21275.61%
SBI Long Term Equity Fund32,193,5552.77555.6610,961,7002024-11-21193.69%
Quant ELSS Tax Saver Fund21,120,0005.04364.5310,961,7002024-11-2192.67%
Franklin India Flexi Cap Fund16,373,0002282.610,961,7002024-11-2149.37%
DSP ELSS Tax Saver Fund13,322,7851.66229.9510,961,7002024-11-2121.54%
SBI Arbitrage Opportunities Fund10,961,7000.71189.210,961,7002024-11-210%
SBI Dividend Yield Fund10,000,0002.68172.610,961,7002024-11-21-8.77%
DSP Equity Opportunities Fund8,922,0691.45153.9910,961,7002024-11-21-18.61%
Invesco India Arbitrage Fund7,836,9751.07127.0410,961,7002024-11-21-28.51%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)85.03107.4674.1285.2264.99
Diluted EPS (Rs.)85.03107.4674.1285.2264.99
Cash EPS (Rs.)113.20131.0294.17106.0982.54
Book Value[Excl.RevalReserv]/Share (Rs.)614.74531.04444.10367.11301.20
Book Value[Incl.RevalReserv]/Share (Rs.)614.74531.04444.10367.11301.20
Revenue From Operations / Share (Rs.)1070.351253.951039.69785.35732.41
PBDIT / Share (Rs.)140.39163.08116.56129.67105.73
PBIT / Share (Rs.)112.23139.5396.52108.8188.19
PBT / Share (Rs.)105.92133.4192.89105.0381.48
Net Profit / Share (Rs.)85.04107.4774.1385.2365.00
NP After MI And SOA / Share (Rs.)85.04107.4774.1385.2365.00
PBDIT Margin (%)13.1113.0011.2116.5114.43
PBIT Margin (%)10.4811.129.2813.8512.04
PBT Margin (%)9.8910.638.9313.3711.12
Net Profit Margin (%)7.948.577.1210.858.87
NP After MI And SOA Margin (%)7.948.577.1210.858.87
Return on Networth / Equity (%)13.8320.2316.6923.2121.57
Return on Capital Employeed (%)17.2124.0719.7126.9825.15
Return On Assets (%)10.3413.9310.1014.7412.71
Long Term Debt / Equity (X)0.020.040.050.050.10
Total Debt / Equity (X)0.060.140.230.180.29
Asset Turnover Ratio (%)1.341.421.341.091.21
Current Ratio (X)2.822.361.811.871.64
Quick Ratio (X)1.901.410.991.181.07
Inventory Turnover Ratio (X)4.154.304.784.194.22
Dividend Payout Ratio (NP) (%)4.7033.505.3916.4226.16
Dividend Payout Ratio (CP) (%)3.5327.484.2413.1920.60
Earning Retention Ratio (%)95.3066.5094.6183.5873.84
Cash Earning Retention Ratio (%)96.4772.5295.7686.8179.40
Interest Coverage Ratio (X)22.2226.6432.1634.2515.75
Interest Coverage Ratio (Post Tax) (X)14.4618.5621.4523.5110.68
Enterprise Value (Cr.)7937.758295.4210453.789184.234421.76
EV / Net Operating Revenue (X)2.091.872.843.301.70
EV / EBITDA (X)15.9514.3525.3019.9811.80
MarketCap / Net Operating Revenue (X)2.121.862.763.251.60
Retention Ratios (%)95.2966.4994.6083.5773.83
Price / BV (X)3.694.396.456.963.89
Price / Net Operating Revenue (X)2.121.862.763.251.60
EarningsYield0.030.040.020.030.05

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Galaxy Surfactants Ltd as of November 24, 2024 is: 2,979.81

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 24, 2024, Galaxy Surfactants Ltd is Undervalued by 8.99% compared to the current share price 2,734.00

Intrinsic Value of Galaxy Surfactants Ltd as of November 24, 2024 is: 3,171.06

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 24, 2024, Galaxy Surfactants Ltd is Undervalued by 15.99% compared to the current share price 2,734.00

Last 5 Year EPS CAGR: 6.42%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 21.10%, which is a positive sign.
  2. The company has higher reserves (1,170.82 cr) compared to borrowings (333.73 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (2.20 cr) and profit (283.50 cr) over the years.
  1. The stock has a high average Working Capital Days of 69.00, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 71.70, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Galaxy Surfactants Ltd:
    1. Net Profit Margin: 7.94%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 17.21% (Industry Average ROCE: 9.77%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 13.83% (Industry Average ROE: 8.68%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 14.46
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 1.9
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 31 (Industry average Stock P/E: 93.64)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.06
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

GAIL (India) Ltd. is a Public Limited Listed company incorporated on 16/08/1984 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L40200DL1984GOI018976 and registration number is 018976. Currently Company is involved in the business activities of Electric power generation, transmission and distribution. Company’s Total Operating Revenue is Rs. 91626.48 Cr. and Equity Capital is Rs. 4440.39 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Gas Transmission/Marketing16, Bhikaiji Cama Place, New Delhi Delhi 110066shareholders@gail.co.in
https://www.gailonline.com
Management
NamePosition Held
Mr. Sandeep Kumar GuptaChairman & Managing Director
Mr. Rakesh Kumar JainDirector - Finance & CFO
Mr. Deepak GuptaDirector - Projects
Mr. Ayush GuptaDirector - Human Resources
Mr. Rajeev Kumar SinghalDirector - Business Development
Mr. Akhilesh JainIndependent Director
Mr. Sher SinghIndependent Director
Mr. Sanjay KashyapIndependent Director
Mr. Nandhagopal NarayanasamyIndependent Director
Mrs. Kangabam Inaocha DeviIndependent Director
Dr. Ravikant KolheIndependent Director
Mr. Sanjay KumarDirector - Marketing
Mr. Praveen Mal KhanoojaGovernment Nominee Director
Mr. Kushagra MittalGovernment Nominee Director
Mr. Asheesh JoshiGovernment Nominee Director

FAQ

What is the latest intrinsic value of Galaxy Surfactants Ltd?

The latest intrinsic value of Galaxy Surfactants Ltd as on 24 November 2024 is ₹2979.81, which is 8.99% higher than the current market price of ₹2,734.00.

What is the Market Cap of Galaxy Surfactants Ltd?

The Market Cap of Galaxy Surfactants Ltd is 9,695 Cr..

What is the current Stock Price of Galaxy Surfactants Ltd as on 24 November 2024?

The current stock price of Galaxy Surfactants Ltd as on 24 November 2024 is 2,734.

What is the High / Low of Galaxy Surfactants Ltd stocks in FY 2024?

In FY 2024, the High / Low of Galaxy Surfactants Ltd stocks is 3,370/2,241.

What is the Stock P/E of Galaxy Surfactants Ltd?

The Stock P/E of Galaxy Surfactants Ltd is 31.0.

What is the Book Value of Galaxy Surfactants Ltd?

The Book Value of Galaxy Surfactants Ltd is 640.

What is the Dividend Yield of Galaxy Surfactants Ltd?

The Dividend Yield of Galaxy Surfactants Ltd is 0.80 %.

What is the ROCE of Galaxy Surfactants Ltd?

The ROCE of Galaxy Surfactants Ltd is 17.4 %.

What is the ROE of Galaxy Surfactants Ltd?

The ROE of Galaxy Surfactants Ltd is 14.9 %.

What is the Face Value of Galaxy Surfactants Ltd?

The Face Value of Galaxy Surfactants Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Galaxy Surfactants Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE