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Galaxy Surfactants Limited (GALAXYSURF) Fair Value & Analysis

Basic Materials · IN · Market cap ₹70.3B

GS Galaxy Surfactants Limited GALAXYSURF · NSE
Price₹2,508
Fair Value₹1,282
Upside-48.9%
Quality59/100
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Healthy Growth
Thin margins · 5.1% net margin
Low debt · generates free cash flow
1.12% dividend yield
Mixed vs. peers (7/14)
Narrow moat 38/100
Evidence: High Range ₹786.54 – ₹1,603 Share as image

Fair value as of: Aug 13, 2026

From 26 valuation models · updated 3 days ago

Share price +27.8% over the past month.

A solid business, but screening 49% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹1,603). The favourable scenario is already priced in.
  • Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (₹786.54 to ₹1,603) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹3,402 ₹1,515 Fair Value ₹1,282 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹1,515 – ₹3,402 · fair‑value band ₹786.54 – ₹1,603 · the ₹2,508 price screens above the ₹1,282 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Galaxy Surfactants Limited (GALAXYSURF) currently trades at ₹2,508, while our model-based Fair Value estimate is ₹1,282, implying the stock looks roughly 48.9% overvalued today. The Quality Score stands at 59/100 (solid quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Galaxy Surfactants Limited generated revenue of ₹52.5B at a net margin of 5.1%. Revenue grew 14.8% year over year. It earns a return on equity of 10.5%. The balance sheet holds a net cash position of ₹394M. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹786.54 (bear case) to ₹1,603 (bull case); at ₹2,508, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 9% below its 52-week high and 66% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -68% fair-value upside, at -49%, GALAXYSURF screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹742.15 ₹1,237 ₹2,074 80
Residual Income ₹673.10 ₹746.80 ₹1,230 76
Rev-Margin DCF ₹897.13 ₹1,554 ₹2,398 74
All 26 models by family
DCF Models
FCF DCF ₹746.52 ₹1,284 ₹2,216 38
Owner Earnings ₹993.83 ₹1,730 ₹3,005 31
5Y Revenue Exit ₹897.13 ₹1,576 ₹2,506 39
5Y EBITDA Exit ₹920.03 ₹1,623 ₹2,508 41
5Y P/E Exit ₹892.62 ₹1,567 ₹2,338 38
10Y Revenue Exit ₹809.79 ₹1,438 ₹2,415 36
10Y EBITDA Exit ₹855.81 ₹1,473 ₹2,416 37
10Y P/E Exit ₹837.66 ₹1,432 ₹2,275 35
Earnings-Based
Graham-Dodd ₹512.82 ₹2,354 ₹3,231 54
Lynch FV ₹618.17 ₹883.10 ₹1,148 50
PEG = 1.0 ₹618.17 ₹883.10 ₹1,148 46
EPV ₹849.57 ₹978.51 ₹1,091 59
Dividend Discount
Gordon GGM ₹54.51 ₹113.35 ₹179.81 70
DDM Multi-Stage ₹54.51 ₹95.58 ₹118.96 61
Multiples
P/E Multiple ₹961.53 ₹1,282 ₹1,603 63
P/S Multiple ₹961.53 ₹1,282 ₹1,603 58
P/B Multiple ₹961.53 ₹1,282 ₹1,603 55
EV/EBIT ₹1,119 ₹1,467 ₹1,815 53
EV/EBITDA ₹1,081 ₹1,416 ₹1,752 54
EV/Revenue ₹980.07 ₹1,368 ₹1,755 43
Asset-Based
NCAV (Graham) ₹387.09 ₹518.70 ₹774.18 50
Growth DCF
Growth DCF ₹742.15 ₹1,237 ₹2,074 80
Rev-Margin DCF ₹897.13 ₹1,554 ₹2,398 74
Economic Profit
Residual Income ₹673.10 ₹746.80 ₹1,230 76
ROIC Compounder ₹886.75 ₹1,179 ₹1,548 72
Growth Earnings
Growth-Adj P/E ₹888.13 ₹1,269 ₹1,649 68

Widest divergence: DCF Models (₹1,473) versus Dividend Discount (₹95.58). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹52.5B
Revenue growth (YoY) +14.8%
Net margin 5.1%
Return on equity 10.5%
Free cash flow ₹1.9B FY2026
P/E ratio 33.3
More key figures
Operating margin 6.7%
EPS (TTM) ₹75.32
Dividend yield 1.1%
EPS growth (YoY) -18.0%
Net cash ₹394M FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 60 · Market factors (momentum, volatility) 66

Profitability 53
Margins and returns on capital today
Quality Growth 51
Are margins and returns improving?
Cashflow 36
Earnings quality: real cash, not paper profit
Fin. Strength 84
Balance sheet, leverage, solvency risk
Investment 56
Disciplined investing over empire-building
Low Volatility 80
Calm price path (market factor)
Momentum 61
Price trend over the last 3–12 months (market factor)
52W Momentum 61
Distance to the 52-week high (market factor)
Net Issuance 81
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Galaxy Surfactants Limited manufactures and sells surfactants and other specialty ingredients for the personal and home care industry in India and internationally.

Full company description

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 and blends products for personal care and home care products, including skin care, oral care, hair care, cosmetics, toiletries, and detergent products, as well as dishwash, surface care, laundry care, and hand wash products. Galaxy Surfactants Limited was founded in 1980 and is based in Navi Mumbai, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Galaxy Surfactants Limited reported revenue of ₹52.5B in FY2026 versus ₹36.5B in FY2022, a compound +9.5%/yr. Reported net income was ₹2.7B in FY2026, compounding +0.4%/yr from FY2022.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹52.5B
Latest YoY
+24.3%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+5.7%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+13.8%
Avg. growth/yr (13Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+9.7%
Revenue +9.5%/yr
FY22 ₹36.5B
FY23 ₹44.5B
FY24 ₹37.6B
FY25 ₹42.2B
FY26 ₹52.5B
Net income +0.4%/yr
FY22 ₹2.6B
FY23 ₹3.8B
FY24 ₹3.0B
FY25 ₹3.0B
FY26 ₹2.7B
Character of growth · EPS growth decomposed (2015-2026) +11.9 % p.a.
Revenue per share +9.6 pp

of which total revenue +9.6 pp · buybacks/dilution +0.0 pp

EBIT margin +3.3 pp
Tax rate +2.2 pp
Residual (interest, one-offs) −3.3 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

GALAXYSURF screens 49% overvalued. Compare with Linde plc →

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Cite: Fair Value Calculator (2026). "Galaxy Surfactants Limited Fair Value". https://www.fairvalue-calculator.com/stock/GALAXYSURF

Peer Group

Specialty Chemicals · 670 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 59 · Above median
Fair Value upside −49% · Below median
Return on equity (TTM) 10% · Above median
Return on assets 6% · Top 25%
Net margin (TTM) 5% · Above median
Operating margin (TTM) 7% · Below median
Revenue growth 15% · Above median
Dividend yield (TTM) 1.1% · Below median
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Specialty Chemicals median · lower = cheaper

P/E (TTM) 33.3× · Pricier than median
P/B 2.56× · Pricier than median
P/S (TTM) 1.34× · Pricier than median
P/FCF 0.4× · Cheaper than median
EV/EBITDA 14.2× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 74 · sector 19
PAST 42 · sector 23
HEALTH 100 · sector 95
DIVIDEND 22 · sector 32

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Specialty Chemicals stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

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Asian Paints Limited ASIANPAINT ₹2,756 ₹664.51 -76%
Solar Industries India Limited SOLARINDS ₹18,730 ₹2,793 -85%
Pidilite Industries Limited PIDILITIND ₹1,702 ₹351.84 -79%
PT Chandra Asri Pacific Tbk TPIA 2,160 IDR 2,322 IDR +8%
Berger Paints India Limited BERGEPAINT ₹559.80 ₹154.46 -72%
Gujarat Fluorochemicals Limited FLUOROCHEM ₹4,566 ₹836.47 -82%
Himadri Speciality Chemical Limited HSCL ₹778.15 ₹248.63 -68%

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Frequently asked questions

Is Galaxy Surfactants Limited (GALAXYSURF) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹1,282 versus a price of ₹2,508, about −49% (overvalued).
What is the fair value of GALAXYSURF?
Our model-based fair value for Galaxy Surfactants Limited is ₹1,282 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹2,508.
What is the quality score of GALAXYSURF?
Galaxy Surfactants Limited has a Quality Score of 59/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Galaxy Surfactants Limited (GALAXYSURF)?
Galaxy Surfactants Limited reported trailing-twelve-month revenue of about ₹52.5B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of GALAXYSURF?
The net profit margin of Galaxy Surfactants Limited is about 5.1%, meaning it keeps roughly 5.1% of revenue as net income. Based on the latest reported figures.
Does Galaxy Surfactants Limited pay a dividend?
Galaxy Surfactants Limited currently shows a dividend yield of about 1.12% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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