Galaxy Surfactants experienced a mid-single digit volume growth in Q2FY25, primarily driven by strong performance in international markets, particularly the US and Europe. The company's top line increased by eight percent year-on-year, supported by effective pricing strategies that successfully passed on costs.
The firm is optimistic about its medium-term prospects, citing potential benefits from the "China plus" strategy and protective measures in the tyre industry. Despite current valuations being considered not inexpensive, the outlook remains positive due to the company's defensive profile and anticipated growth in specialty products. Additionally, Galaxy Surfactants has maintained its EBITDA per tonne guidance, indicating confidence in its operational efficiency and market positioning as logistic challenges show signs of resolution.