Global Surfaces Limited
Global Surfaces Limited operates in Granites & Marbles, part of the Consumer Discretionary sector. It booked ₹60 cr of revenue in its latest quarter (Q2 FY27) and kept -8.8% of sales as profit. It is the 3rd largest of 6 Granites & Marbles companies we track, by market value.
| Segment | FY25 | FY26 | Share |
|---|---|---|---|
| United Arab Emirates | 64 | 143 | 22% → 53% |
| India | 142 | 75 | 49% → 28% |
| United States of America | 83 | 52 | 29% → 19% |
| Total | 289 | 270 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
“internal, financial and operational controls, there secretarial records. The verification was done on is an unavoidable risk that some misstatements or test basis to ensure that correct facts are reflected in material non-compliances may not be detected, secretarial records.”
“to be the most admired and competitive manner, which goes beyond the practices enshrined in Company in our industry and our mission to create the the laws.”
Healthier than 43% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 294–428 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 32
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in GSLSU?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹60 cr |
| Other Income | ₹2 cr |
| Total Income | ₹61 cr |
| Cost of Materials | ₹26 cr |
| Purchases of Stock-in-Trade | ₹24.3 L |
| Inventory Change (±) | ₹4 cr |
| Employee Benefit Expense | ₹8 cr |
| Finance Costs | ₹4 cr |
| Depreciation & Amortisation | ₹5 cr |
| Other Expenses | ₹20 cr |
| Total Expenses | ₹67 cr |
| Profit before Tax | ₹-5 cr |
| Tax Expense | ₹-0.4 L |
| Net Profit | ₹-5 cr |
| Net margin on total income | -8.8% |
The company made a net loss of ₹5 cr this quarter — income covered only ₹92 of every ₹100 it spent on costs and tax.
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 45 cr | 65 cr | 60 cr |
| Total income | 55 cr | 66 cr | 61 cr |
| Expenses | 73 cr | 65 cr | 67 cr |
| Profit before tax | -17 cr | 48.4 L | -5 cr |
| Tax | 6 cr | 42 L | -0.4 L |
| Net profit (owners' share) | -23 cr | 15 L | -5 cr |
| Net margin (owners' share, on revenue) | -51.5% | 0.2% | -8.8% |
| EPS (₹) | -5.27 | 0.04 | -1.25 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Midwest Limited | ₹1,022 | ₹3,696 cr | 29.8 | 12.2% | 15.3% | — |
| Pokarna Limited | ₹670 | ₹2,076 cr | 15.2 | 14.7% | 21.3% | — |
| Global Surfaces Limitedthis company | ₹23 | ₹97 cr | — | -8.0% | -8.8% | — |
| Aro Granite Industries Limited | ₹22 | ₹34 cr | — | -17.1% | -36.1% | — |
| Oriental Trimex Limited | ₹5 | ₹33 cr | 7.6 | 3.3% | 10.4% | — |
| Madhav Marbles and Granites Limited | ₹33 | ₹29 cr | — | -2.6% | -10.1% | — |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 8 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.