Galaxy Medicare (NSE:GML) Tax Provision: ₹-12.9 Mil (TTM As of Mar. 2026)

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NSE:GML Galaxy Medicare Ltd NSE:GML
19 GF Score
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What is Galaxy Medicare Tax Provision?

Galaxy Medicare NSE:GML 19 Tax Provision is ₹-12.9 Mil as of Mar. 2026. GuruFocus rates NSE:GML with a GF Score™ of 19/100. The stock has 2 warning signs investors should review.

Galaxy Medicare's tax provision for the six months ended in Mar. 2026 was ₹-5.3 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-12.9 Mil.

Galaxy Medicare Tax Provision Historical Data

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The historical data trend for Galaxy Medicare's Tax Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Galaxy Medicare Tax Provision Chart

Galaxy Medicare Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Tax Provision
-2.87 -4.31 -10.19 -11.63 -12.89

Galaxy Medicare Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Tax Provision Get a 7-Day Free Trial 0.00 -7.10 -4.54 -7.57 -5.32
NSE:GML
19GF Score
Galaxy Medicare Ltd NSE:GML
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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Galaxy Medicare Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-12.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of ₹-12.9 Mil mean?
Galaxy Medicare (NSE:GML) has a Tax Provision of ₹-12.9 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Galaxy Medicare and its competitors.
Is Galaxy Medicare's Tax Provision too high?
Galaxy Medicare's current Tax Provision is ₹-12.9 Mil. Overall, Galaxy Medicare has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Galaxy Medicare's Tax Provision compare to ISRG and BDX?
Galaxy Medicare's Tax Provision of ₹-12.9 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Medical Devices & Instruments company?
A good Tax Provision depends on the Medical Devices & Instruments industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Galaxy Medicare and its competitors. Galaxy Medicare's current Tax Provision is ₹-12.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galaxy Medicare stock overvalued right now?
Galaxy Medicare (NSE:GML) has a current Tax Provision of ₹-12.9 Mil. The current Tax Provision is ₹-12.9 Mil. Galaxy Medicare's overall GF Score™ is 19/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Galaxy Medicare (NSE:GML), the current Tax Provision is ₹-12.9 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Galaxy Medicare Business Description

Address Plot No-2, Zone D, Phase A, Mancheswar Industrial Estate, Khurda, Bhubaneswar, OR, IND, 751010
Galaxy Medicare Ltd is engaged into the manufacturing, trading and exporting of Medical Devices, Plasters of Paris Bandages (POP Bandage) and Other surgical dressings in India. Its business encompass: Manufacturing and Branding of its own products under its flagship brands i.e. POP BAND, POP CAST, G CAST, GYPSOSOFT, GYPSOPLAST, CARETAPE, GYPSOCREPE, CARECREPE, CAREPORE GYPSONET, GYPSOCHLOR, FIXCAN ETC.
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Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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