Check Before You Invest : Global Surfaces Ltd

Q: Which industry/sub-sector does Global Surfaces Ltd belong to?

Global Surfaces Ltd belongs to the Construction & Infrastructure sector, operating specifically within the Ceramics/Marble/Granite/Sanitaryware segment.

Q: Is Global Surfaces Ltd a good quality company?

Global Surfaces Ltd is a good quality company, based on a consistently good multi-year financial track record. This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q: Is Global Surfaces Ltd undervalued or overvalued?

Global Surfaces Ltd appears Somewhat Undervalued, as its key valuation ratios are lower than their past averages. Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more. Valuation Ratios. Price to Earnings, Current: 89.66, Historic Median: 35.38. Price to Book, Current: 0.72, Historic Median: 1.77. Price to Sales, Current: 2.94, Historic Median: 4.25. EV to EBITDA, Current: 19.65, Historic Median: 21.98

Q: Is Global Surfaces Ltd a good buy now?

Global Surfaces Ltd is not a good buy now, based on weak price trend analysis suggesting prices may fall. However, you need to check its quality and valuation before making a decision

Q: Revenue growth of Global Surfaces Ltd?

Global Surfaces Ltd revenue growth is -12.5% for FY-2025, which is below its 5-year CAGR of -2.69%, indicating slower growth.

Q: Gross Profit margin of Global Surfaces Ltd?

Global Surfaces Ltd Gross profit margin which is the profit after deduction of direct costs, is 12.6% for FY-2025, which is below its 5-year median of 20.3%, indicating decreasing margins.

Q: Operating Profit Margin of Global Surfaces Ltd?

Global Surfaces Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is -0.32% for FY-2025, which is below its 5-year median of 19.47% indicating decreasing margins.

Q: Net Profit Margin of Global Surfaces Ltd?

Global Surfaces Ltd Net Profit Margin is 5.52% for FY-2025, is below its 5-year median of 14.16%, indicating decreasing margins. Profitability Metrics. Gross Profit Margin (%), Current: 12.6, Historic Median: 20.3. Operating Profit Margin (%), Current: -0.32, Historic Median: 19.47. Net Profit Margin (%), Current: 5.52, Historic Median: 14.16

Q: Return on Asset of Global Surfaces Ltd?

Global Surfaces Ltd Return on Asset is 2.02%, which is below its 5-year historical median of 10.46%, indicating deteriorated asset utilization efficiency.

Q: Return on capital employed (ROCE) of Global Surfaces Ltd?

Global Surfaces Ltd Return on capital employed is 4.31% for FY-2025, which is below its 5-year historical median of 12.44%. The current ROCE is below its estimated weighted average cost of capital (WACC) of 14%, indicating value preservation.

Check Before You Invest : Global Surfaces Ltd

Snapshot

Q.1 Which industry/sub-sector does Global Surfaces Ltd belong to?

Global Surfaces Ltd belongs to the Construction & Infrastructure sector, operating specifically within the Ceramics/Marble/Granite/Sanitaryware segment.

Q.2 Is Global Surfaces Ltd a good quality company?

Global Surfaces Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q.3 Is Global Surfaces Ltd undervalued or overvalued?

Global Surfaces Ltd appears Somewhat Undervalued, as its key valuation ratios are lower than their past averages.

Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more.

Valuation Ratios	Current	5-year Historic Median
Price to Earnings	89.66	35.38
Price to Book	0.72	1.77
Price to Sales	2.94	4.25
EV to EBITDA	19.65	21.98

Q.4 Is Global Surfaces Ltd a good buy now?

Global Surfaces Ltd is not a good buy now, based on weak price trend analysis suggesting prices may fall. However, you need to check its quality and valuation before making a decision

Performance Analysis

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

A: What are the trends in revenue and profit margins?

Q.1 Revenue growth of Global Surfaces Ltd?

Global Surfaces Ltd revenue growth is -12.5% for FY-2025, which is below its 5-year CAGR of -2.69%, indicating slower growth.

Q.2 Gross Profit margin of Global Surfaces Ltd?

Global Surfaces Ltd Gross profit margin which is the profit after deduction of direct costs, is 12.6% for FY-2025, which is below its 5-year median of 20.3%, indicating decreasing margins.

Q.3 Operating Profit Margin of Global Surfaces Ltd?

Global Surfaces Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is -0.32% for FY-2025, which is below its 5-year median of 19.47% indicating decreasing margins.

Q.4 Net Profit Margin of Global Surfaces Ltd?

Global Surfaces Ltd Net Profit Margin is 5.52% for FY-2025, is below its 5-year median of 14.16%, indicating decreasing margins.

	Current Level	5-year Historic Median
Gross Profit Margin (%)	12.6	20.3
Operating Profit Margin (%)	-0.32	19.47
Net Profit Margin (%)	5.52	14.16

B: Does the business utilize capital efficiently?

Q.5 Return on Asset of Global Surfaces Ltd?

Global Surfaces Ltd Return on Asset is 2.02%, which is below its 5-year historical median of 10.46%, indicating deteriorated asset utilization efficiency.

Q.6 Return on capital employed (ROCE) of Global Surfaces Ltd?

Global Surfaces Ltd Return on capital employed is 4.31% for FY-2025, which is below its 5-year historical median of 12.44%. The current ROCE is below its estimated weighted average cost of capital (WACC) of 14%, indicating value preservation.

Q.7 Return on Equity (ROE) of Global Surfaces Ltd?

Global Surfaces Ltd Return on equity is 2.74% for FY-2025, which is below its 5-year historical median of 12.73%, indicating the business is making worse use of its shareholders capital.

Q.8 Cash conversion cycle of Global Surfaces Ltd?

Global Surfaces Ltd Cash conversion cycle is 212 days, above its 5-year historical median of 136 days, indicating deteriorated working capital management. However, you need to compare this with its peers in the industry.

	Current Level	5-year Historic Median
Asset Turnover (x)	0.37	0.74
ROE (%)	2.74	12.73
ROCE (%)	4.31	12.44
Cash Conversion Cycle	212 days	136 days

C: How much debt does the business have and is it at a sustainable level?

Q.9 Debt to Equity ratio of Global Surfaces Ltd?

Global Surfaces Ltd Debt-to-Equity ratio is 0.17, which is lower the industry average of 0.32, indicating lower debt levels in the industry.

Q.10 Debt to cash flow from operations of Global Surfaces Ltd?

Global Surfaces Ltd Debt to cash flow from operations is 12.77, which is at a unhealthy level.

Ownership & governance

D: Promoter shareholding and pledge status of Global Surfaces Ltd?

Q.1 Promoter shareholding and pledge status of Global Surfaces Ltd?

Promoters hold 73.25% of the Global Surfaces Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

E: How does Global Surfaces Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Global Surfaces Ltd vs industry peers?

Global Surfaces Ltd revenue CAGR is -2.69%, compared to the industry median CAGR of 0.00%, indicating slower growth and losing its market share.

Profit Metrics

	Current Level	5-year Industry Median
Revenue Growth (%)	-12.5	0
Gross Profit Growth (%)	-45.5	9
Operating Profit Growth (%)	-100	1.1
Net Profit Growth (%)	-61.9	15.6

Operating Efficiency

	Current Level	5-year Industry Median
Asset Turnover (x)	0.37	0.55
ROE (%)	2.74	2.33
ROCE (%)	4.31	5.52
Cash Conversion Cycle (days)	211.66	187

Valuation & price assessment

Q.1 Stock return of Global Surfaces Ltd over the last decade?

Over the last 3 year(s), the stock has delivered a CAGR of -34.87% based on the current price.

	9Y	5Y	3Y	1Y
Share Price CAGR	-	-	-34.9%	-43.4%

Q.2 Valuation ratios of Global Surfaces Ltd vs historical?

The current P/E ratio of 89.66 is higher than its historical median of 35.38, indicating that the stock is trading above its historical average valuation.

Q.3 How do the current valuation ratios compare with 5-year historical median and industry numbers?

Valuation Ratios	Current	5-year Historic Median	5-year Industry Median
Price to Earnings	89.66	35.38	24.16
Price to Book	0.72	1.77	0.90
Price to Sales	2.94	4.25	1.28
EV to EBITDA	19.65	21.98	10.79

Check more companies

1. Kajaria Ceramics

2. Cera Sanitaryware

3. Midwest Gold

4. Midwest

5. Pokarna

6. Nitco

7. Somany Ceramics

8. Asian Granito India

9. Orient Bell

10. Exxaro Tiles

Check trending companies

1. IFCI Ltd.

2. Aditya Birla Lifestyle Brands Ltd.

3. Aditya Birla Capital Ltd.

4. Tata Steel Ltd.

5. Nippon Life India Asset Management Ltd.

Check Before You Invest : Global Surfaces Ltd

Snapshot

Performance Analysis

Ownership & governance

Peer comparison (industry-wise, mcap)

Profit Metrics

Operating Efficiency

Valuation & price assessment

Check more companies

Check trending companies

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.