Global Surfaces Ltd
Incorporated in 2004, Global Surfaces Ltd
is in the business of manufacturing quartz
and processing of granite and marble[1]
- Market Cap ₹ 551 Cr.
- Current Price ₹ 130
- High / Low ₹ 246 / 91.9
- Stock P/E
- Book Value ₹ 76.2
- Dividend Yield 0.00 %
- ROCE 6.57 %
- ROE 6.31 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 12.6% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.7.00 Cr.
- Company has high debtors of 178 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Consumer Durables Industry: Miscellaneous
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|
163 | 176 | 190 | 178 | 225 | 259 | |
123 | 128 | 148 | 143 | 190 | 239 | |
Operating Profit | 41 | 48 | 42 | 36 | 35 | 20 |
OPM % | 25% | 27% | 22% | 20% | 16% | 8% |
2 | 3 | 8 | 3 | 4 | 7 | |
Interest | 5 | 3 | 3 | 4 | 4 | 12 |
Depreciation | 17 | 13 | 11 | 9 | 9 | 17 |
Profit before tax | 21 | 35 | 36 | 25 | 25 | -2 |
Tax % | -1% | 2% | 1% | 4% | 22% | |
21 | 34 | 36 | 24 | 20 | -7 | |
EPS in Rs | 32.50 | 52.61 | 10.52 | 5.72 | 4.41 | -1.77 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 9% |
TTM: | 66% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -18% |
TTM: | -152% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -43% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 13% |
Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 6 | 6 | 34 | 42 | 42 | 42 |
Reserves | 58 | 92 | 100 | 219 | 288 | 281 |
54 | 38 | 79 | 166 | 145 | 153 | |
11 | 22 | 23 | 35 | 47 | 62 | |
Total Liabilities | 129 | 159 | 236 | 462 | 522 | 538 |
60 | 54 | 88 | 89 | 294 | 287 | |
CWIP | 0 | 1 | 7 | 124 | 0 | 0 |
Investments | 0 | 0 | 11 | 6 | 0 | 0 |
69 | 104 | 131 | 244 | 227 | 251 | |
Total Assets | 129 | 159 | 236 | 462 | 522 | 538 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
54 | 32 | 28 | 27 | -37 | |
-11 | -8 | -28 | -205 | 9 | |
-46 | -19 | -3 | 183 | 24 | |
Net Cash Flow | -3 | 5 | -3 | 4 | -4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 63 | 83 | 75 | 90 | 178 |
Inventory Days | 126 | 170 | 198 | 190 | 236 |
Days Payable | 42 | 81 | 79 | 70 | 119 |
Cash Conversion Cycle | 147 | 172 | 193 | 210 | 295 |
Working Capital Days | 106 | 123 | 154 | 128 | 243 |
ROCE % | 30% | 21% | 9% | 7% |
Documents
Announcements
-
Board Meeting Intimation for Approval Of Audited Standalone And Consolidated Financial Results And Statements Of The Company For The Quarter And Financial Year Ended On March 31, 2025, And Fund Raising.
2d - Board meeting on May 27 to approve FY25 results and consider fund raising proposal.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Apr - Certificate under Regulation 74(5) for Q1 2025.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
9 Apr - Global Surfaces benefits from new US tariffs on competitors.
-
Closure of Trading Window
26 Mar - Closure of trading window for insider trading regulations.
-
Announcement under Regulation 30 (LODR)-Credit Rating
25 Feb - Global Surfaces Limited downgraded to ACUITE BBB+ rating.
Business Overview:[1][2]
GSL is in the business of mining, production, and export of natural stones and engineered quartz. It offers a wide range of products and stones like - granite, marble, soft quartzite, soapstone, and phyllite in slab and countertops customized according to different sizes, shapes, forms, and colors