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Partnership

Galaxy Surfactants Partners with LG Electronics for Sustainable Cleaning Solutions

Galaxy Surfactants Limited has entered into a Memorandum of Understanding with LG Electronics to co-develop and commercialise next-generation sustainable cleaning solutions. This strategic collaboration aims to leverage LG's technological ecosystem alongside Galaxy's expertise in specialty chemicals to address global sustainability challenges.

Top view of a scientist using a dropper with blue chemicals surrounded by laboratory equipment. Stock photo illustrating Galaxy Surfactants' partnership story.
Photo: Mikhail Nilov / Pexels
Key numbers
Market Cap ₹7,851.95 CrMid-cap
P/E TTM 19.29Sector: 35.14
Q2 Net Profit Growth 80.1%Year-on-Year
Promoter Holding 70.9%Steady holding

Key highlights

  • MoU signed with LG Electronics for joint development of cleaning technologies
  • Partnership focuses on commercialising sustainable solutions for global markets
  • Company reported 80.1% YoY net profit growth in the quarter ended September 2026
  • Consolidated volume growth for FY27 is guided at the upper band of 6%–8%
  • Annual capital expenditure planned at ₹120–₹150 crore for FY26 and FY27

Collaborative Innovation in Specialty Chemicals

Galaxy Surfactants has formalised a strategic partnership with global technology leader LG Electronics. The Memorandum of Understanding covers the co-development and commercialisation of next-generation cleaning solutions with a specific focus on sustainability. This engagement reflects a shared commitment to solving real-world challenges through technological innovation.

By integrating Galaxy's chemical research with the LG Advanced Materials leadership team's expertise, the partnership seeks to influence the global evolution of cleaning products. The company aims to utilise LG's research ecosystem to accelerate the development of science-based sustainable solutions.

Operational and Financial Context

  • Operating revenue for the quarter ended September 30, 2026, stood at ₹1,810.41 crore, a 36.5% YoY increase
  • Net profit for the same period jumped 80.1% YoY to reach ₹119.75 crore
  • Operating profit margin improved to 10.47% from 8.3% in the previous year
  • The company maintains a high Piotroski Score of 8, indicating strong financial health
  • Total TTM revenue has reached ₹6,236.5 crore with a TTM net profit of ₹407.07 crore

Driving Sustainable Global Solutions

This partnership brings together two organizations united by a common belief: that innovation and sustainability must advance hand in hand. We are excited to collaborate with LG Electronics, a globally respected leader renowned for its technology excellence, innovation culture, and commitment to shaping a more sustainable future.

— Vaijanath Kulkarni, Executive Director & Chief Operating Officer, Galaxy Surfactants

Market Dynamics and Growth Guidance

The specialty chemicals sector has seen significant growth, with Galaxy Surfactants guiding for a consolidated volume increase of 6% to 8% for FY27. To support this growth, the company has earmarked an annual capital expenditure of ₹120 to ₹150 crore for both FY26 and FY27. Despite a recent month-on-month price correction of 12.58%, the company's valuation remains at a P/E of 19.29, which is lower than the industry average of 39.87.

This partnership with LG Electronics is expected to enhance Galaxy's positioning in high-value, research-driven sustainable product segments.

Galaxy Surfactants · share price, past month

What to watch next

  • Commencement of the re-appointed term of MD K. Natarajan on February 18, 2027
  • Progress on the ₹120–₹150 crore capital expenditure plan for FY27
  • Achievement of the upper-band 8% volume growth guidance by March 2027

“I am delighted to share that we have signed a Memorandum of Understanding with LG Electronics to co-develop and commercialize next-generation sustainable cleaning solutions.”

— Mr. Vaijanath Kulkarni, Executive Director & Chief Operating Officer

“The scale of technological innovation and research excellence across the LG ecosystem is truly inspiring and reinforces the possibilities that emerge from sustained investment in science and technology.”

— Mr. Vaijanath Kulkarni, Executive Director & Chief Operating Officer
Galaxy Surfactants · financial snapshot
Share price₹2214
Market capitalisation₹7,851.95 Cr
Revenue (annual)₹5,248.28 Cr
Net profit (annual)₹267.38 Cr
Revenue (latest quarter)₹1,810.41 Cr+1.60% vs previous quarter
Net profit (latest quarter)₹119.75 Cr-27.83% vs previous quarter
P/E (TTM)19.29×Sector 35.14×
Promoter holding70.9%0.00% QoQ
FII holding3.94%Current quarter

Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.

Source verified

Exchange filing by Galaxy Surfactants Ltd announcing an MoU with LG Electronics for sustainable cleaning solutions. Market figures from a third-party data provider.

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