What we do Galaxy Agrico Exports Ltd manufactures agricultural and garden tools in India with a global presence, specializing in hoes, pickaxes, shovels and forged rings. |
Founded in 1,994 |
Market share Holds the highest installed capacity in India for manufacturing agricultural tools under the 'GALAXY' brand. |
Problem solved Provides durable and efficient agricultural equipment to support farming, gardening, construction, and mining industries. |
Top clients or who we serve Serves agriculture, gardening, railways, construction, and mining sectors; mainly B2B clients domestically and internationally. |
Key management Nathabhai Jerambhai Sadaria (Chairman and Managing Director), Manoj Harsukhlal Shah (Whole Time Director). |
Our journey and innovations Incorporated in 1994; expanded capacity consistently; established a forged rings subsidiary in 2013; recently sold core business in 2025. |
Where we operate Primarily India with export markets outside India contributing to revenue. |
Top products or what we offer Agricultural implements like hoes, pickaxes, shovels, forks, cultivator blades, and forged rings through subsidiary Accumax Rings. |
Top brands GALAXY brand is a key market name for agricultural and garden tools; Accumax Rings for forged rings business. |
Raw materials needed Steel and metal alloys for manufacturing tools and forged rings. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is cyclical and project-based reflecting agricultural and industrial demand. |
Our industry position Leader in manufactured agricultural tools in India by capacity; niche position in forged rings segment. |
Financial highlights FY 2024-25 revenue of INR 359.04 lakhs; net profit INR 12.07 lakhs; recovering from prior year losses. |
Geographical revenue split Majority revenue from India (approx. 76%) and remainder from overseas markets. |
Order book - |
Whats driving growth Expansion projects, capacity increase, improved operational efficiency, and potential new ventures in chemicals. |
Our future plans Diversify into organic and inorganic chemicals; expand product portfolio post business sale; invest in technology. |
Our green promise Installed energy conservation tools; pursuing sustainability through reduced power consumption. |
Our people and values Guided by experienced management and board; committed to governance, ethics, and transparency. |
Key challenges ahead Transition following sale of core business; adapting to market fluctuations and competitive pressure. |
Interesting facts Achieved highest manufacturing capacity for garden/agri tools in India within a decade of founding. |
Risks and strategy Risks from business sale and market cyclicality; strategy focuses on diversification and strengthening internal controls. |