What we do Gala Global Products Ltd specializes in offset printing, binding, photo polymer printing, and packaging materials printing. Recently, it expanded into electric vehicle manufacturing and related services. |
Founded in 2,010 |
Market share A niche player in printing and packaging with emerging presence in electric vehicle sector. |
Problem solved Provides high-quality printing and packaging solutions; aims to address the growing demand for electric vehicles in India. |
Top clients or who we serve B2B clients in packaging, advertising, and electric vehicle industries; retail customers for EVs. |
Key management - |
Our journey and innovations Founded in 2010, underwent amalgamation and IPO by 2016; recently diversified into electric vehicles and charging infrastructure. |
Where we operate Primarily India with ambitions to expand in global EV markets. |
Top products or what we offer Offset and photo polymer printing services, packaging materials, electric vehicles including scooters, rickshaws, and accessories. |
Top brands - |
Raw materials needed Printing inks, paper, packaging substrates, EV components including batteries and electric motors. |
Raw materials supplier - |
Recurring vs cyclical contribution Printing segment revenue is somewhat cyclical; EV business expected to generate recurring maintenance and charging revenues. |
Our industry position Established printer in Gujarat; EV segment nascent with growth potential. |
Financial highlights FY24 Revenue Rs.75.3 Cr; PAT Rs.0.21 Cr; slight revenue drop from prior year but profitable growth. |
Geographical revenue split Revenue predominantly from India; export details not disclosed. |
Order book - |
Whats driving growth Expansion into electric vehicles and related infrastructure; steady demand in packaging and printing. |
Our future plans Focus on EV manufacturing, assembly, and dealership; increase footprint with showrooms and service outlets. |
Our green promise - |
Our people and values Committed workforce with focus on ethical conduct and compliance; zero sexual harassment complaints reported. |
Key challenges ahead Scaling new EV business while maintaining printing operations; managing competitive and regulatory risks. |
Interesting facts Merged with Gala Products Limited in 2016; recent addition of EV manufacturing to business lines. |
Risks and strategy Risks include market competition and technology absorption; strategy involves diversification and internal controls. |
