Global Surfaces

NSE: GSLSUBSE: 543829
Compare with peers
₹ 23.87▼ 1.15 (−4.6%)23 Oct, 03:29 pm IST
Market cap
₹ 102 Cr.
P/E
92.6x
P/B
0.39x
52-week range
23.06 – 139.67
ROE
−11%
ROCE
−2%
Dividend yield
0%
Debt / equity
0.8
Sector
Consumer Durables
Industry
Granites & Marbles
Listed on
NSE, BSE

About

Global Surfaces Limited is an India-based granite/marble and quartz company. The Company is engaged primarily in the business of manufacturing of quartz and processing of granite and marble. It offers a range of products, such as granite, marble, soft quartzite, soapstone, and phyllite in slab and countertops customized according to different sizes, shapes, forms, and colors. Its Natural Stones collection includes granites, marbles, soft quartzites, and phylites & soapstones. Its Engineered Quartz collection includes stratum, prismatic, kalmasa, aurora, lampros, and quartzites. Its Natural Stone is used in flooring, bathroom vanity tops, indoor wall cladding, laboratory counters, reception desk, tabletops, coffee table, windowsills, staircase, kitchen countertop, and bar counter. The Company's subsidiaries include Global Surfaces Inc. and Global Surfaces FZE. It operates two manufacturing facilities: Unit I for natural stone processing and Unit II for engineered quartz production.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Granites & Marbles: 10 companies →

Global Surfaces against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)92.6 against a typical 34.1: pricier than most peers (1st = cheapest).9th of 10
  • Sales growth−12.2% against a typical −0.6% from a year earlier.7th of 10
  • Share price, 3 months−14.7% against a typical −10%.6th of 9
  • Size₹ 101.5 Cr. market value against a typical ₹ 90.3 Cr. (1st = largest).4th of 9

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Look closer

Rated BBB by Acuite
BBB
DefaultRiskyModerateSafeVery safe
  • Acuite lowered its rating on 31 Aug 2026.
  • Acuite expects things to get worse (negative outlook).
AgencyCurrent ratingOutlookAs of
AcuiteACUITE BBBNegative31 Aug 2026
Credit rating actions
RatingDetails
31 Aug 2026
▼ Downgrade
ACUITE BBB—Acuite₹ 143.1 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
2 Nov 2026UpcomingFinancial ResultsTo consider and approve the financial results for the period ended September 30, 2026
10 Aug 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
25 May 2026Financial ResultsTo consider and approve the Audited Standalone and Consolidated Financial Results and Statements of the Company for the quarter and financial year ended on March 31, 2026, and to take on record the Statutory Auditor s Report thereon.
3 Feb 2026Financial ResultsTo consider and approve the unaudited Standalone and Consolidated Financial Results of the Company for the quarter and nine months ended on December 31, 2025, and to take on record the Limited review Report thereon.
13 Nov 2025Financial ResultsTo consider and approve the financial results for the Quarter and half year ended September 30, 2025 and to take on record the Limited review Report thereon
14 Aug 2025Financial ResultsTo consider and approve the Unaudited Standalone and Consolidated financial results for the period ended Jun 30, 2025
28 May 2025Financial Results/Fund RaisingGSLSU : 28-May-2025 : The Company has informed the Exchange that a Board meeting to be held on May 27, 2025 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on May 28, 2025, To consider and approve the financial results for the period ended March 31, 2025 and Fund Raising

Share price

1Y change −76.73%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales4040109574746577554594565
Expenses333392504551596758566457
Operating Profit771672−5−28−43−198
OPM %16.9%16.8%14.9%13%3.7%−11.5%−3.3%10.7%−6.6%5.5%−41.8%12.7%
Other Income21−01150092100
Interest111334544444
Depreciation224555545555
Profit before tax64110−5−9−110−3−3−170
Tax %39.9%24.3%5.7%604%24.5%18.9%−3.7%627.3%64%14.8%34.1%87.5%
Net Profit3311−1−6−10−11−1−5−3−230
EPS in Rs0.640.772.48−0.29−1.51−2.45−2.48−0.1−1.1−0.71−5.270.04

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
6%
3 Years
9%
TTM
0%
Compounded Profit Growth
10 Years
—
5 Years
—
3 Years
—
TTM
−8%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
−43%
TTM
—
Return on Equity
10 Years
—
5 Years
1%
3 Years
−5%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
73.25%
0 pts in a year
FIIs
0.76%
+0.19 pts in a year
DIIs
0%
0 pts in a year
Public
26%
−0.2 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 92.6xEPS (12 months) ₹ 1.46Median P/E 51.9x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Global Surfaces₹ 23.87₹ 102 Cr.92.6x0.4x−11%—
UltraTech Cement₹ 11,066.00₹ 3,26,092 Cr.41.7x4.5x11.1%9.3%
Grasim Industries₹ 2,898.00₹ 1,95,975 Cr.40.8x2x4.9%5.9%
Ambuja Cements₹ 358.00₹ 88,956 Cr.21.9x1.8x8.3%13.8%
Shree Cement₹ 22,760.00₹ 82,120 Cr.55.2x4.1x7.8%8.4%
Dalmia Bharat₹ 1,591.65₹ 29,801 Cr.29.5x1.9x6.5%7.8%

Management

Mayank Shah
Executive Chairman of the Board, Chief Financial Officer, Managing Director
Dharam Singh Rathore
Compliance Officer, Company Secretary
Sweta Shah
Whole-Time Director

Prices are delayed and for information only. Nothing on this page is investment advice.