What is Global Surfaces Ltd (GSLSU) share price return in the past 10 years?

Data is not available for this company

What is the share price of Global Surfaces Ltd (GSLSU)?

Company share prices are keep on changing according to the market conditions. The current trading price of Global Surfaces Ltd (GSLSU) on 03-Jul-2026 16:59:59 at 16:59 is 40.89.

What is the P/E ratio of Global Surfaces?

The latest standalone P/E ratio of Global Surfaces as of 03-Jul-2026 is 22.77.

What is the P/B ratio of Global Surfaces Ltd (GSLSU)?

The latest standalone P/B ratio of Global Surfaces Ltd (GSLSU) as of 03-Jul-2026 is 0.50.

What is the 52-week high and low of Global Surfaces Ltd (GSLSU)?

The 52-week high of Global Surfaces Ltd (GSLSU) is Rs. 139.90 and the 52-week low is Rs. 39.25.

Global Surfaces Ltd (GSLSU) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: Global Surfaces Ltd (GSLSU)
Brand: Global Surfaces

Key Metrics

Valuation Multiples

Market Cap

₹173 Cr.

Current Price

₹40.9

52-Week Low / High

₹39 / 140

TTM EPS

₹1.8

TTM Sales

₹74.8 Cr.

Book Value per Share

₹81.8

P/E Ratio

22.77

Lower than its 5-year historical median

Industry PE

46.8

Price to Book (P/B)

0.50

Lower than its 5-year historical median

Price to Sales (P/S)

2.32

Lower than its 5-year historical median

EV/EBITDA

8.92

Lower than its 5-year historical median

Dividend Yield

Profitability Efficiency

Return on Equity (ROE)

2.74%

Outperforms industry median

Return on Capital Employed (ROCE)

4.31%

Underperforms industry median

Return on Assets (ROA)

2.02%

Operating Profit Margin

-0.3%

Net Profit Margin

5.52%

Gross Profit Margin

12.6%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Slowing versus 3-year growth rate

-12.48%

Operating Profit Growth (1 Year)

-102.09%

Net Profit Growth (1 Year)

Slowing versus 3-year growth rate

-62.82%

Asset Quality

Promoter Holding

73.25%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹304 Cr.

Equity

₹42.4 Cr.

Face Value

₹10

All Time Low / High

₹39.25 / 331.55

Global Surfaces stock performance

Key Ratios

Check Before You Invest

Quality

Locked

Valuation

Locked

Price Trend

Locked

Q.1 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.

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.

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.

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.

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 -35.38% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	15.9%	20.8%	29.7%	25.3%	12.4%	8.7%	4.3%	-
Value Creation Index ⓘ	0.1	0.5	1.1	0.8	-0.1	-0.4	-0.7	-
Growth Parameters ⓘ
Sales ⓘ	136	163	175	189	177	162	142	75
Sales YoY Gr.	-	19.6%	7.5%	8.3%	-6.5%	-8.4%	-12.5%	-
Adj EPS ⓘ	4.3	6.4	9.4	9.1	5.7	4.3	0.5	1.8
YoY Gr.	-	51.2%	45.7%	-3.1%	-37%	-24.6%	-87.7%	-
BVPS (₹) ⓘ	12.5	19.2	29	39.5	61.4	66.4	68.3	81.8
Adj Net Profit ⓘ	14.4	21.8	31.8	30.8	24.3	18.3	2.2	8
Cash Flow from Ops. ⓘ	4.7	51.9	31.3	27.6	25.4	3.5	3.8	-
Debt/CF from Ops. ⓘ	19.5	1	1.2	1.4	1.7	11.9	12.8	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	NA	-2.7%	-9.2%	-12.5%
Adj EPS ⓘ	NA	-39.3%	-61.2%	-87.7%
BVPSⓘ	NA	28.9%	20.1%	2.8%
Share Price	-	-	-40.6%	-64.2%

Key Financial Parameters ⓘ

	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	34.2	40.7	38.9	26.5	12.3	6.2	0.7	2.4
Op. Profit Mgn % ⓘ	24.7	24.6	26.8	21.7	19.5	13.3	-0.3	-17
Net Profit Mgn % ⓘ	10.6	13.4	18.2	16.3	13.7	11.3	1.6	10.2
Debt to Equity ⓘ	2.2	0.8	0.4	0.3	0.2	0.2	0.2	0
Working Cap Days ⓘ	0	163	157	188	234	483	834	322
Cash Conv. Cycle ⓘ	0	111	102	116	136	172	212	157

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	136	163	175	189	177	162	142
Operating Expenses ⓘ +	104	123	128	148	143	141	142
Manufacturing Costs	22	23	25	25	22	25	22
Material Costs	56	71	72	87	84	77	79
Employee Cost	8	9	9	12	10	11	11
Other Costs ⓘ	18	19	22	25	26	27	30
Operating Profit ⓘ	32	40	47	41	34	21	-0
Operating Profit Margin (%)	23.4%	24.6%	26.8%	21.7%	19.5%	13.2%	-0.3%
Other Income ⓘ +	1	3	4	9	4	15	23
Exceptional Items ⓘ	0	0	0	0	0	0	0
Interest ⓘ	6	5	3	3	3	4	5
Depreciation ⓘ	12	17	13	11	9	7	6
Profit Before Tax ⓘ	15	21	34	36	26	26	12
Tax ⓘ	2	-2	1	0	1	5	4
Profit After Tax	13	23	34	35	25	21	8
PAT Margin (%)	9.7%	14.0%	19.3%	18.7%	14.2%	13.0%	5.5%
Adjusted EPS (₹)	3.9	6.7	10.0	10.5	5.9	5.0	1.9
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%

Valuation of Global Surfaces - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	42	65	98	134	260	282	289
Share Capital ⓘ	6	6	6	34	42	42	42
Reserves ⓘ	36	59	92	100	218	239	247
Debt +	88	51	37	36	40	39	46
Long Term Debt	45	14	6	11	7	4	2
Short Term Debt	43	37	31	26	33	35	45
Minority Interest	0	0	0	0	0	0	0
Trade Payables	15	7	16	19	16	23	24
Others Liabilities ⓘ	6	3	-5	-12	-13	35	37
Total Liabilities ⓘ	151	126	146	176	303	378	398
Fixed Assets
Net Fixed Assets ⓘ +	66	60	53	48	47	43	39
Gross Block	88	98	104	108	116	119	120
Accumulated Depreciation	23	38	50	60	69	76	81
CWIP ⓘ	0	0	1	6	0	0	0
Investments ⓘ	0	0	0	12	26	21	21
Inventories	27	24	35	47	44	52	49
Trade Receivables	45	28	40	39	45	56	57
Cash Equivalents	5	1	6	1	113	1	1
Others Assets ⓘ	9	13	11	24	28	204	230
Total Assets ⓘ	151	126	146	176	303	378	398

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	5	52	31	28	25	3	4
PBT ⓘ	15	21	34	36	26	26	12
Adjustment ⓘ	18	24	15	11	10	3	-7
Changes in Working Capital ⓘ	-26	10	-14	-11	-3	-20	3
Tax Paid ⓘ	-3	-3	-4	-8	-7	-5	-4
Cash Flow From Investing Activity ⓘ +	-20	-10	-8	-28	-124	-53	-6
Capex	-52	-11	-8	-8	-3	-3	-1
Net Investments	0	0	-0	-10	-101	112	0
Others ⓘ	32	1	0	-10	-20	-162	-6
Cash Flow From Financing Activity ⓘ +	17	-44	-19	-3	105	44	3
Net Proceeds from Shares ⓘ	1	0	0	0	102	0	0
Net Proceeds from Borrowing ⓘ	10	-34	-15	0	0	0	0
Interest Paid ⓘ	-6	-5	-4	-3	-3	-4	-5
Dividend Paid ⓘ	0	0	0	0	0	0	0
Others ⓘ	12	-5	0	-1	6	48	8
Net Cash Flow ⓘ	3	-3	4	-4	6	-6	1

Financial Ratio

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	31.21	42.46	41.33	30.59	12.73	7.77	2.74
ROCE (%)	15.85	20.83	29.65	25.31	12.44	8.67	4.31
Asset Turnover Ratio	0.9	1.17	1.28	1.17	0.74	0.48	0.37
PAT to CFO Conversion(x)	0.38	2.26	0.91	0.8	1	0.14	0.5
Working Capital Days
Receivable Days	121.20	82.50	71.60	76.60	86.30	112.90	145.50
Inventory Days	71.70	56.50	60.80	78.60	93.70	108.60	130.20
Payable Days	97.80	58	59.80	72.70	74.30	91.20	108.70

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Global Surfaces Ltd FAQs

The current trading price of Global Surfaces on 03-Jul-2026 16:59 is ₹40.89.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 02-Jul-2026 the market cap of Global Surfaces stood at ₹173.3 Cr

The latest P/E ratio of Global Surfaces as of 02-Jul-2026 is 22.77.

The latest P/B ratio of Global Surfaces as of 02-Jul-2026 is 0.50.

The 52-week high of Global Surfaces is ₹139.9 and the 52-week low is ₹39.25.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Global Surfaces is ₹74.84 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Global Surfaces Ltd is a good quality company.

The key valuation ratios of Global Surfaces Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Global Surfaces Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Global Surfaces Ltd

Global Surfaces is a leading Indian manufacturer and exporter of premium surface materials, specializing in natural stone and engineered quartz. With a strong focus on design excellence, product quality, and sustainability, the company continues to meet the growing global demand for aesthetically appealing and durable surfaces used in modern construction and interior design.

Founded by Mayank Shah and headquartered in Jaipur, India, the company has steadily expanded its domestic and international presence by aligning its operations with evolving customer preferences and industry standards. Over the years, Global Surfaces has built a robust operational foundation, supported by state-of-the-art manufacturing facilities and a diversified product portfolio tailored to residential, commercial, and architectural applications. The company's strategic expansion into overseas markets, particularly the United States, has further strengthened its position as a trusted global partner in the surfacing industry.

In line with its commitment to excellence, the company emphasizes sustainable sourcing, technological advancement, and customer-centric innovation. This forward-looking approach has enabled Global Surfaces to consistently deliver superior products while maintaining strong relationships across its value chain.

The company was incorporated on August 23, 1991, and has its registered office is at Mahindra World City, Sanganer, Jaipur. It was converted from a private limited company into a public limited company on October 21, 2021. The company's shares were listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) on March 23, 2023.

Business area of the company

The company is engaged primarily in the business of manufacturing of quartz and processing of granite and marble.

Products

Engineered Quartz
Natural Stone

Milestones/ Awards/ Achievements

1991: Incorporation of Company.
2004: Change in Company’s name to Global Stones Pvt. Ltd. and line of business from real estate and construction to processing of natural stones. In line with the change in business operations, Unit I located at Bagru (Jaipur) was acquired by the company through DRT auction.
2005: Entered the global market and received recognition for export achievement with respect to granites and marbles slates from CAPEXIL.
2007: Received recognition for Outstanding achievements in Business Excellence.
2007: Outstanding Quality Performance Award from Indian Organisation for Commerce & Industry.
2011: Started “Global Mining”, an organization engaged in mining activities and started operating quarries: Crema Petra, Bianco and Angel Black Beauty.
2015: Upgradation of plant and machinery installed at Unit I.
2016: Crossed annual turnover of Rs 500 million.
2016: Recognised and awarded as Fastest Growing Industrial Excellence for the year 2015-16 by Indian Organisation for Commerce and Industry.
2016: Worldwide Achievers Award for Revival of Dying Granite Industry of North India” at the Business Leaders’ Summit & Awards.
2017: Laid down the foundation stone of Unit II located at Mahindra SEZ (Jaipur) for undertaking business of manufacturing engineered quartz.
2017: Recognised and awarded as Fastest Growing Industrial Excellence for the year 2016-17 by Indian Organisation for Commerce and Industry.
2017: Rajasthan State Award for export excellence during 2016-17.
2018: Commenced production of engineered quartz at Unit II. Awarded as Rajasthan’s Best Employer Brand by Employer Branding Institute India. excellence during 2016-17.
2019: Crossed annual turnover of Rs 1,000 million.
2020: Incorporated Global Surfaces Inc., a foreign subsidiary in U.S.A.
2020: Installed solar panels in both units as part of the Go-Green Initiative and implemented ERP system.
2020: Featured in India’s Growth Champions 2020 as nation’s fastest growing companies by the Economic Times and Statista.
2020: Excellence Award for Industrial Development by IEDRA.
2020: Asia Pacific Enterprise Awards 2020 [Category: Fast Enterprise (manufacturing sector)].
2021: Change in name of Company to Global Surfaces Limited.
2021: Incorporated Global Surfaces FZE, a wholly owned subsidiary in U.A.E.
2021: Inspirational Icons in Leadership Award by Fortune India Exchange.
2022: Commenced construction of the proposed facility at The Jebel Ali Free Zone, Dubai, U.A.E.
2023: Raised an aggregate of Rs 1,549.80 million through the historic IPO.
2024: Commenced the commercial production at Dubai Unit – Global Surfaces FZE.
2024: Entered into technical license agreement with SQIP LLC (USA) and Veego Technology Co. Ltd. (China).
2024: Wholly owned subsidiary -- Global Surfaces FZE launched new product Quartzites series.
2025: Wholly-owned subsidiary -- Global Surfaces FZE located in Dubai, UAE, has secured purchase order worth around $1.58 million (Rs 14.05 crore) from M S International, Inc.
2025: Wholly-owned subsidiary -- Global Surfaces FZE, Dubai, UAE, has received a purchase order worth $709,842 (around Rs 6.30 crore) from Caesarstone.

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.

Global Surfaces Ltd (GSLSU)

Global Surfaces Ltd (GSLSU)

Global Surfaces stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Global Surfaces - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Global Surfaces Ltd FAQs

What is the share price of Global Surfaces?

What is the market cap of Global Surfaces?

What is the P/E ratio of Global Surfaces?

What is the P/B ratio of Global Surfaces?

What is the 52-week high and low of Global Surfaces?

What is the TTM revenue of Global Surfaces?

Is Global Surfaces Ltd a good quality company?

Is Global Surfaces Ltd undervalued or overvalued?

Is Global Surfaces Ltd a good buy now?

About Global Surfaces Ltd

Create stable, long-term investment portfolio with strong, consistent stocks.

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

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