Gala Precision Engineering Ltd (GALAPREC), incorporated in 2009, is a leading manufacturer of high-quality technical springs and high tensile fasteners. The company, originally founded in 1989, is headquartered in Thane, India. It was successfully listed on BSE and NSE on September 9, 2024, following its IPO.
GPEL manufactures precision components in India, including Special Fastening Solutions (SFS) like High Tensile Fasteners (e.g., Studs, Anchor Bolts, Cross Bolts, Hex Bolts, Nuts, Gallock Wedge Lock and Grip Lock Washers) and Disc and Strip Springs (DSS) and Coil & Spiral Springs (CSS). Its extensive portfolio comprises over 750 SKUs. The company serves diverse sectors such as renewable energy, industrial applications, automotive, and railways.
Gala Precision Engineering Ltd is engaged in the design and manufacture of precision components, operating through its Springs, Parts & Assemblies segments. The Springs, Parts and Assemblies segment produces a broad range of disc springs used in applications like wind mills, transformers, turbines, railways, automotives, and off-highway vehicles.
The company manufactures and sells high tensile fasteners and technical springs both in India and internationally. Its product offerings include disc, strip, coil, and spiral springs, as well as high tensile fasteners such as studs, anchor bolts, cross bolts, flange nuts, hex nuts, wedge lock washers, and grip lock washers. These components are critical for various industries, including electrical, wind turbines, off-highway vehicles, oil and gas, wind energy, hydro energy, infrastructure, railways, heavy commercial vehicles, and agricultural equipment.
As of May 30, 2025, Gala Precision Engineering Ltd (GALAPREC) has a market capitalization of ₹1,148.08 crore. The company has consistently demonstrated strong financial performance with notable growth across key metrics.
• FY 2025 Performance:
• Sales: ₹237.84 crore (17.42% increase from FY 2024)
• Net Profit: ₹26.84 crore (20.20% increase from FY 2024)
• Q4 FY 2025 Performance:
• Sales: ₹75.31 crore (31.20% increase from Q4 FY 2024)
• Net Profit: ₹10.00 crore (45.99% increase from Q4 FY 2024)
The 52-week high for Gala Precision Engineering Ltd (GALAPREC) is ₹1,480, and the 52-week low is ₹682. The P/E (price-to-earnings) ratio of GALAPREC is 42.76.
• Stock P/E: 45.2
• Book Value: ₹192
• Dividend Yield: 0.00%
• ROCE (Return on Capital Employed): 23.3%
• ROE (Return on Equity): 26.4%
• Face Value: ₹10.0
• Employees: 335 (as of June 29, 2025)
In the third quarter of FY 2025, the company achieved a consolidated revenue growth of 12%, primarily driven by robust demand in the renewable energy and industrial sectors, which are expected to be significant contributors to future revenues. Gala Precision Engineering is strategically positioning itself to capitalize on local sourcing trends and customer feedback, aiming for a growth rate of 15-20% over the next three years.
While operational efficiencies have improved, with plans for substantial capacity expansion at the Chennai plant, challenges persist in sourcing special steel materials and managing rising costs, which have impacted EBITDA margins. Despite these challenges, with a robust cash position and ongoing investments in production capabilities, the company remains optimistic about navigating market dynamics and enhancing its competitive edge.
The promoter holding stands at 55.3% as per the latest available data. The company has successfully reduced its debt and is almost debt-free, providing significant financial flexibility for future growth initiatives.
Recently, the company allotted 17,625 equity shares under its ESOP scheme, increasing the total number of Equity Shares from 1,26,97,800 to 1,27,15,425 Equity Shares of ₹10 each.
Operating within the Castings, Forgings & Fasteners sector, specifically in the Fasteners industry, Gala Precision Engineering has established itself as a key player in the precision components market. The company's diverse product portfolio of over 750 SKUs and its strong focus on high-quality technical specifications have enabled it to serve critical applications across multiple industries.
The company has demonstrated impressive profit growth, achieving a CAGR of 44.3% over the last five years, underscoring its ability to consistently grow and adapt to market demands. Its strategic positioning in the renewable energy sector, particularly in wind energy components, aligns well with India's clean energy transition goals, providing a strong foundation for sustained growth.
