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 ₹ 494 Cr.
- Current Price ₹ 117
- High / Low ₹ 246 / 91.9
- Stock P/E
- Book Value ₹ 71.3
- Dividend Yield 0.00 %
- ROCE -1.94 %
- ROE -9.02 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 4.90% over past five years.
- Company has a low return on equity of 1.77% over last 3 years.
- Earnings include an other income of Rs.7.24 Cr.
- Company has high debtors of 224 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
Consumer Discretionary Consumer Durables Consumer Durables Granites & Marbles
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 | Mar 2025 | |
---|---|---|---|---|---|---|
163 | 176 | 190 | 178 | 225 | 208 | |
123 | 128 | 148 | 143 | 190 | 206 | |
Operating Profit | 41 | 48 | 42 | 36 | 35 | 2 |
OPM % | 25% | 27% | 22% | 20% | 16% | 1% |
2 | 3 | 8 | 3 | 4 | 7 | |
Interest | 5 | 3 | 3 | 4 | 4 | 15 |
Depreciation | 17 | 13 | 11 | 9 | 9 | 19 |
Profit before tax | 21 | 35 | 36 | 25 | 25 | -25 |
Tax % | -1% | 2% | 1% | 4% | 22% | 16% |
21 | 34 | 36 | 24 | 20 | -29 | |
EPS in Rs | 32.50 | 52.61 | 10.52 | 5.72 | 4.41 | -6.73 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 3% |
TTM: | -8% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -253% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -45% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 2% |
Last Year: | -9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Equity Capital | 6 | 6 | 34 | 42 | 42 | 42 |
Reserves | 58 | 92 | 100 | 219 | 288 | 260 |
54 | 38 | 79 | 166 | 145 | 199 | |
11 | 22 | 23 | 35 | 47 | 56 | |
Total Liabilities | 129 | 159 | 236 | 462 | 522 | 558 |
60 | 54 | 88 | 89 | 294 | 286 | |
CWIP | 0 | 1 | 7 | 124 | 0 | 0 |
Investments | 0 | 0 | 11 | 6 | 0 | 0 |
69 | 104 | 131 | 244 | 227 | 271 | |
Total Assets | 129 | 159 | 236 | 462 | 522 | 558 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
54 | 32 | 28 | 27 | -37 | -31 | |
-11 | -8 | -28 | -205 | 9 | -6 | |
-46 | -19 | -3 | 183 | 24 | 37 | |
Net Cash Flow | -3 | 5 | -3 | 4 | -4 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Debtor Days | 63 | 83 | 75 | 90 | 178 | 224 |
Inventory Days | 126 | 170 | 198 | 190 | 236 | 342 |
Days Payable | 42 | 81 | 79 | 70 | 119 | 166 |
Cash Conversion Cycle | 147 | 172 | 193 | 210 | 295 | 400 |
Working Capital Days | 106 | 123 | 154 | 128 | 243 | 320 |
ROCE % | 30% | 21% | 9% | 7% | -2% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
16 Jul - CFO Kamal Kumar Somani resigns effective July 25, 2025, citing personal career reasons.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Jul - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
-
Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
30 Jun - Shareholders approved ₹155 Cr fund raise, ₹150 Cr related party transactions, and ₹10 Cr capital increase.
-
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
30 Jun - Shareholders approved related party transactions, fund raising, and authorised share capital increase.
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 30 Jun
Concalls
-
Jun 2025TranscriptNotesPPT
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