Gala Precision Engineering Limited (GALAPREC)
₹1,073.20 +0.47% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Gala Precision's revenue was ₹75.4 Cr (+19.5% year on year, -20.7% on the previous quarter), and net profit ₹8.2 Cr (+24.5% year on year); the operating margin was 16.3%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹75.4 | +19.5% | -20.7% |
| Operating profit | ₹12.3 | +27.4% | -27.9% |
| Net profit | ₹8.2 | +24.5% | -31.8% |
| EPS (₹) | 6.41 | +23.7% | -32.9% |
| Operating margin | 16.3% | — | — |
GALAPREC delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 46.0% of the GALAPREC shares traded on NSE were taken to delivery, against the stock's own 20-session average of 48.05%. That is close to its usual level. Turnover was only ₹92 lakh, so a handful of trades can move this figure. Volume was 0.2 times its average, well below normal.
Delivery in the last 5 sessions: 37.8% · 32.1% · 55.2% · 71.3% · 46.0%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Gala Precision Engineering Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. Issued by registrar MUFG Intime India Private Limited on October 03, 2026, the document confirms the processing, verification, and mutilation of dematerialised share certificates for the quarter ended September 30, 2026. This is a purely statutory and administrative disclosure with zero financial or operational impact.
- Compliance certificate submitted under Regulation 74(5) of SEBI Regulations, 2018
- Covers the dematerialisation activities for the quarter ended September 30, 2026
- Issued by Registrar & Share Transfer Agent MUFG Intime India Private Limited dated October 03, 2026
Gala Precision Engineering Limited has scheduled an in-person meeting with a group of investors on September 23, 2026, in Mumbai. The company confirmed that no unpublished price sensitive information (UPSI) will be shared during the interaction. The interaction comes as the fastener and spring manufacturer trades at a market cap of ₹1,268 Cr, with TTM revenue of ₹327 Cr. This is a routine regulatory intimation under Regulation 30 of SEBI LODR.
- Meeting scheduled for September 23, 2026
- Interaction type is an in-person meeting with a group of investors in Mumbai
- Company confirmed no unpublished price sensitive information will be shared
- Filing submitted under Regulation 30 of SEBI LODR on September 17, 2026
Gala Precision Engineering Limited submitted its August 2026 corporate investor presentation. The document highlights a 70% domestic market share in Disc & Strip Springs (DSS) for the renewable sector and a 15% market share in wind turbine Special Fastening Solutions (SFS). For Q1 FY27, revenue stood at ₹75.4 crore with an EBITDA margin of 16.31%, with exports contributing 33.7% of sales. Additionally, capacity utilization at the 4,600 MTPA Chennai fastener plant is expected to ramp up from 35% in FY26 to 70% in FY27.
- Commands ~70% domestic market share in DSS for renewable energy and 15% in domestic wind turbine fasteners
- Q1 FY27 revenue reported at ₹75.4 crore with an EBITDA margin of 16.31%
- Exports contributed 33.7% of Q1 FY27 revenues across 25+ countries, primarily in Europe (25%) and the Americas (6%)
- Chennai SFS facility capacity of 4,600 MTPA targeted to reach 70% utilization in FY27, up from 35% in FY26
Gala Precision Engineering Limited announced that the Income Tax Department's search proceedings at the company's various premises have concluded on 24 August 2026. The company stated that it extended full cooperation to tax officials and that operations continued in the normal course throughout the process. Management reported no material operational impact as of date, though any potential financial claims, tax demands, or findings from the search were not disclosed.
- Income Tax Department search proceedings at various premises concluded on 24 August 2026
- Company confirmed business operations continued in the normal course during proceedings
- No material operational impact reported by the company as on date
- Potential tax demands or financial outcomes, if any, were not disclosed
Gala Precision Engineering Limited disclosed that the Income Tax Department commenced proceedings on August 18, 2026, at its registered office and the residence of Promoter Mr. Kirit Gala. The company noted that full cooperation and documentation are being extended to officials, and core business operations remain unaffected. As of the disclosure, no specific violations have been communicated, and the financial impact cannot yet be quantified as proceedings are ongoing.
- Income Tax proceedings initiated on August 18, 2026, under the Income-tax Act, 2025.
- Search/proceedings conducted at both the company's registered office and the residence of promoter Mr. Kirit Gala.
- No specific violation or contravention communicated by the authorities as of August 18, 2026.
- Monetary impact on operations and financials is currently unquantified pending completion of proceedings.
Gala Precision Engineering reported a 20% YoY revenue growth to Rs 75 Cr for Q1 FY27, with PAT rising 29% to Rs 8 Cr. Order bookings grew by a robust 40% YoY, providing strong revenue visibility for the upcoming quarters. The new Chennai facility is currently at 70-80% Phase 1 utilization, contributing Rs 4-5 Cr monthly, with Phase 2 expected to ramp up by Q4 FY27. Management has maintained an EBITDA margin guidance of 17-19% for FY27, supported by better fixed-cost absorption and in-house commissioning of the hot-dip galvanizing plant.
- Revenue from operations grew 20% YoY to Rs 75 Cr in Q1 FY27.
- Order booking increased by approximately 40% YoY, enhancing future revenue visibility.
- Chennai facility Phase 1 utilization reached 70-80% with a monthly revenue run rate of Rs 4-5 Cr.
- Secured first bulk commercial order from a leading Indian electrolyzer manufacturer for clean energy components.
- Signed an MoU for the acquisition of 10.15 acres of land at Wada for long-term capacity expansion.
Gala Precision Engineering has released the audio recording of its earnings call held on August 7, 2026, discussing the Q1 FY27 performance. The company, which has a market capitalization of Rs 1,301 Cr, reported a TTM revenue of Rs 314.49 Cr and a PAT of Rs 34.97 Cr for FY26. Management's discussion likely focused on the 15-20% expected growth rate and the progress of the new manufacturing plant in Sriperumbudur. This filing is a standard regulatory requirement providing transparency into management's operational outlook.
- Audio recording link provided for the earnings call held on August 07, 2026
- Discussion pertains to the financial performance for the quarter ended June 30, 2026
- Company reported a TTM revenue of Rs 314.49 Cr with an operating profit margin of 16.74%
- Maintains a healthy balance sheet with a low Debt-to-Equity ratio of 0.13
Gala Precision reported a 19.5% YoY revenue growth to ₹75.4 Cr for Q1-FY27, with PAT rising 26.2% to ₹8.2 Cr. Order bookings saw a significant 40% YoY increase, supported by a first-time bulk order in the electrolyzer (hydrogen) segment. The company is scaling its Chennai SFS facility, targeting 70% utilization in FY27 compared to 35% in FY26. Additionally, it secured 10.15 acres of land at Wada for future expansion, signaling long-term growth intent.
- Revenue from operations grew 19.5% YoY to ₹75.4 Cr in Q1-FY27.
- Order booking increased by approximately 40% YoY, indicating strong demand momentum.
- EBITDA margins improved by 110 bps YoY to 16.31%.
- Chennai SFS facility utilization is projected to double from 35% in FY26 to 70% in FY27.
- Signed an MoU for 10.15 acres of land at Wada for future capacity expansion.
Gala Precision Engineering Limited has confirmed that there were no deviations or variations in the utilization of funds raised through its Initial Public Offer (IPO) for the quarter ended June 30, 2026. The company raised a total of ₹167.93 Crore through the public issue. The statement has been reviewed by the Audit Committee and verified by the monitoring agency, CRISIL Ratings Limited. This is a routine regulatory filing ensuring that capital is being deployed as per the original objects of the issue.
- Total amount raised through the Initial Public Offer (IPO) was ₹167.93 Crore.
- Zero deviation or variation reported in the utilization of funds for the quarter ended June 30, 2026.
- CRISIL Ratings Limited is the appointed Monitoring Agency for the fund utilization.
- The Audit Committee reviewed and approved the NIL deviation statement on August 6, 2026.
Gala Precision Engineering reported a consolidated revenue of Rs 75.38 Cr for Q1 FY27, marking a 19.5% increase from Rs 63.08 Cr in Q1 FY26. Consolidated Net Profit grew 25.4% YoY to Rs 8.20 Cr, although it declined sequentially from Rs 12.24 Cr in Q4 FY26. The company has successfully deployed Rs 29.73 Cr of its IPO proceeds toward the new Chennai manufacturing facility, with Rs 7.27 Cr remaining for that specific project. Operating performance was impacted by a 36% YoY rise in employee benefit expenses, which reached Rs 10.78 Cr.
- Consolidated Revenue from operations grew 19.5% YoY to Rs 75.38 Cr.
- Net Profit after taxes increased 25.4% YoY to Rs 8.20 Cr from Rs 6.54 Cr.
- Rs 29.73 Cr utilized for the new Sriperumbudur facility out of Rs 37.00 Cr allocated from IPO proceeds.
- Total IPO proceeds utilized as of June 30, 2026, stand at Rs 87.34 Cr out of Rs 121.24 Cr net proceeds.
- Basic Earnings Per Share (EPS) for the quarter stood at Rs 6.41 compared to Rs 5.14 in the year-ago period.
Gala Precision Engineering has scheduled its Q1 FY27 earnings conference call for August 7, 2026, at 4:00 PM IST. The management team, including the Whole-time Directors and CFO, will discuss the company's performance for the quarter ended June 2026. This follows a FY26 where the company achieved a revenue of ₹314.49 crore and a PAT of ₹34.97 crore. Investors will likely seek updates on the progress of the new Chennai manufacturing facility and expansion into the EV and renewable energy sectors.
- Earnings conference call scheduled for August 7, 2026, at 4:00 PM IST
- Management representation includes Mr. Balkishan Jalan, Mr. Satish Kotwani, and CFO Mr. Srinivasan Giridhar
- Call will focus on Q1 FY27 results following a TTM revenue of ₹314 crore
- Dial-in details provided for domestic and international investors (HK, Singapore, UK, USA)
Gala Precision Engineering Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended June 30, 2026. The certificate, issued by MUFG Intime India Private Limited, confirms that share certificates received for dematerialization were processed, mutilated, and cancelled as per regulations. It further verifies that the name of the depositories has been updated in the register of members within prescribed timelines. This is a standard procedural filing required for all listed entities to ensure the integrity of electronic shareholding records.
- Compliance certificate issued for the quarter ended June 30, 2026
- Registrar MUFG Intime India Private Limited issued the confirmation on July 01, 2026
- Confirms that dematerialized securities are listed on the relevant stock exchanges
- Verification that security certificates were mutilated and cancelled after due process
Gala Precision Engineering Limited concluded its 18th Annual General Meeting on July 1, 2026, with shareholders approving all six proposed resolutions. Key approvals included the adoption of FY26 financial statements and the re-appointment of one Whole-time Director and three Independent Directors. A total of 7,817,901 valid votes were cast, representing a 61% turnout of the total 1,28,16,200 shares. The voting results showed near-unanimous support, with 99.9999% of votes in favor of all items.
- Total valid votes cast reached 7,817,901 across all six resolutions
- Shareholder participation included 52 members attending via video conferencing
- Approval rate was 99.9999% for the adoption of standalone and consolidated FY26 financial statements
- Re-appointment of three Independent Directors approved for terms ranging from 3 to 5 years starting late 2026
- Total shareholder base stood at 22,400 as of the June 24, 2026 record date
Gala Precision Engineering Limited (GALAPREC) successfully conducted its 18th Annual General Meeting on July 1, 2026. Shareholders considered six resolutions, including the adoption of FY26 audited financial statements and the re-appointment of one Whole-time Director and three Independent Directors for terms ranging from 3 to 5 years. The company, which reported a TTM revenue of ₹314 Cr and PAT of ₹35 Cr, addressed queries from three speaker members during the session. Voting results are expected to be filed within two working days.
- 18th Annual General Meeting held on July 1, 2026, via video conferencing.
- Proposed re-appointment of 3 Independent Directors for second terms of 3 to 5 years starting late 2026/early 2027.
- Remote e-voting was conducted over a 4-day window from June 27 to June 30, 2026.
- 3 speaker members raised queries regarding company matters, which were addressed by the CFO.
- Ratification of remuneration for Cost Auditors M/s. Shekhar Joshi & Co. for FY 2026-27.
Gala Precision Engineering Limited has announced the closure of its trading window effective July 1, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations. The closure is related to the upcoming declaration of the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The window will remain closed for all designated persons and their relatives until 48 hours after the results are made public. This is a standard regulatory procedure for listed companies in India.
- Trading window closure begins on Wednesday, July 01, 2026.
- Closure pertains to the financial results for the quarter ended June 30, 2026.
- Window will reopen 48 hours after the official declaration of financial results.
- Restriction applies to Insiders, Designated Persons, and their immediate relatives.
Financial Performance
Revenue Growth by Segment
Consolidated revenue from operations grew 17.42% in FY25 to INR 2,378.35 million. For Q2 FY26, revenue increased 40% YoY to INR 710 million. The Disc & Strip Springs (DSS) segment contributes approximately 60% of total revenue.
Geographic Revenue Split
The company serves 175 active global customers across 25 countries, with primary focus regions being India, Europe, and the USA.
Profitability Margins
Consolidated Net Profit margin stood at 11.29% in FY25, up from 11.03% in FY24. For Q2 FY26, PAT margin improved to 11.76% with a net profit of INR 80 million, representing a 59% YoY growth.
EBITDA Margin
EBITDA margin for Q2 FY26 was 15.41%, with EBITDA rising 17% YoY to INR 110 million. Historical operating margins have been sustained above 18-19.6%.
Capital Expenditure
The company raised INR 121 Cr through its IPO in September 2024, utilizing funds for debt reduction and the establishment of a new manufacturing facility in Vallam-Vadagal, Tamil Nadu.
Credit Rating & Borrowing
Crisil Ratings reaffirmed 'Crisil BBB+/Positive' for long-term and 'Crisil A2' for short-term bank facilities. Borrowing costs are expected to decrease following the repayment of term loans using IPO proceeds.
Operational Drivers
Raw Materials
Specialty steels (including specialty steel for springs and high-tensile fasteners) are the primary raw materials, though specific cost percentages per material are not disclosed.
Import Sources
Raw materials are sourced from Tier-1 mills across India, Europe, and Korea to ensure quality and supply reliability.
Key Suppliers
Tier-1 steel mills (specific company names like SAIL or Vedanta are not explicitly listed, but described as Tier-1 mills in India, Europe, and Korea).
Capacity Expansion
Establishing a new state-of-the-art manufacturing plant in Vallam-Vadagal, SIPCOT Industrial Park, Sriperumbudur (near Chennai) to produce high-tensile fasteners (studs, hex bolts, and nuts) and serve southern markets.
Raw Material Costs
Raw material price fluctuations impact margins; the company mitigates this through supplier diversification and long-term contracts with Tier-1 mills.
Manufacturing Efficiency
Investments in automated inspection lines and strategic workforce development are used to maintain zero-defect standards for application-critical components.
Logistics & Distribution
The company utilizes channel partners and direct supply to OEMs and Tier-1 suppliers across 25 countries.
Strategic Growth
Expected Growth Rate
15-20%
Growth Strategy
Growth will be driven by capacity expansion at the new Chennai facility, product diversification into EV battery enclosures and offshore wind towers, and increasing market share in high-tensile fasteners for the renewable and mobility sectors.
Products & Services
Disc and strip springs, coil and spiral springs, high-tensile fasteners (studs, hex bolts, nuts), and Gallock washers.
Brand Portfolio
Gallock (washers).
New Products/Services
New focus on high-tensile fasteners for wind turbines, components for EV battery enclosures, and railway braking systems.
Market Expansion
Expansion into Southern India via the Sriperumbudur plant and deepening penetration in the USA and European markets.
Market Share & Ranking
Established market position in the springs and fastener industry; specific ranking not disclosed.
Strategic Alliances
Partnerships with technical institutes for workforce development and internal talent incubation.
External Factors
Industry Trends
The industry is shifting toward renewable energy (offshore wind) and electric mobility (EV enclosures). GPEL is positioning itself by expanding its high-tensile fastener capacity to meet this 15-20% projected growth trend.
Competitive Landscape
Competes with global and domestic precision component manufacturers; competitive edge is based on integrated design-to-manufacturing capabilities.
Competitive Moat
Moat is built on 20+ years of promoter experience, a portfolio of 750 SKUs, and 'zero-defect' manufacturing capabilities for application-critical parts like railway brakes, which creates high switching costs for customers.
Macro Economic Sensitivity
Sensitive to industrial production growth and infrastructure spending in the renewable energy and automotive sectors.
Consumer Behavior
Increased demand for sustainable energy and electric vehicles is driving the shift toward GPEL's specialized fastening and spring solutions.
Geopolitical Risks
Geopolitical tensions could disrupt the sourcing of specialty steels from Europe and Korea, impacting lead times.
Regulatory & Governance
Industry Regulations
Subject to client-audited validation cycles and application-critical quality standards for railways, EVs, and offshore wind towers.
Environmental Compliance
Alignment with ESG/CSR mandates and 'Women in Fasteners' initiative to enhance employer branding.
Taxation Policy Impact
Effective tax rate was approximately 19% in FY25 (INR 63.10 million tax on INR 331.26 million PBT).
Risk Analysis
Key Uncertainties
Raw material price volatility and potential underutilization of new capacity at the Chennai plant could dilute ROI.
Geographic Concentration Risk
Revenue is diversified across India, Europe, and the USA, serving 25 countries.
Third Party Dependencies
Dependency on Tier-1 steel mills for specialty steel sourcing.
Technology Obsolescence Risk
Mitigated by investments in automated inspection lines and R&D for EV and renewable energy applications.
Credit & Counterparty Risk
Trade Receivable Turnover Ratio was 4.04 in FY25, indicating moderate credit risk management.
