| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 65.4 | 74.5 | −12.2% |
| EBITDA | 8.3 | 8.0 | +4.8% |
| EBITDA margin | 12.7% | 10.7% | +2.1 pts |
| Profit before tax | 0.5 | 0.1 | +313.7% |
| Net profit | 0.1 | −0.6 | — |
| EPS | ₹0.04 | −₹0.10 | — |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 |
|---|
| 106 | — | — | — | — | |
| 3.8 | 3.8 | 2.9 | 2.7 | 12.2 | |
| 0.3 | 0.3 | 1.6 | 2.0 | 0.0 | |
| 163 | 163 | 152 | 98.3 | 121 | |
| 266 | — | — | — | — | |
| 224 | 233 | 208 | 225 | 178 | |
| — | +12.3% | −7.8% | +26.5% | — | |
| −11.0 | −11.3 | 1.9 | 35.0 | 35.5 | |
| −4.9% | −4.9% | 0.9% | 15.5% | 19.9% | |
| −29.4 | −29.7 | −16.7 | 26.0 | 26.1 | |
| −31.2 | −31.8 | −28.9 | 19.8 | 24.2 | |
| −13.9% | −13.7% | −13.9% | 8.8% | 13.6% | |
| −₹7.36 | −₹7.51 | −₹6.73 | ₹4.41 | ₹5.72 | |
| — | −11.6% | −252.6% | −22.8% | — | |
| — | 27.5 | −31.2 | −37.3 | 27.0 | |
| — | −9.0 | −4.7 | −104 | −114 | |
| 18.5 | 18.5 | −35.9 | −141 | −87.4 | |
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 105.9 | |
| - Cash, Equiv & ST Investments | 12.2 | 2.7 | 2.9 | 3.8 | 3.8 | |
| + Minority Interest | 0.0 | 2.0 | 1.6 | 0.3 | 0.3 | |
| + Total Debt | 120.8 | 98.3 | 152.1 | 163.3 | 163.3 | |
| Enterprise Value | — | — | — | — | 265.7 | |
| Revenue | 178.1 | 225.3 | 207.6 | 233.2 | 224.2 | |
| Growth %, YoY | — | +26.5 | -7.8 | +12.3 | — | |
| EBITDA | 35.5 | 35.0 | 1.9 | -11.3 | -11.0 | |
| Margin % | 19.94 | 15.52 | 0.93 | -4.86 | -4.89 | |
| EBIT | 26.1 | 26.0 | -16.7 | -29.7 | -29.4 | |
| Net Income | 24.2 | 19.8 | -28.9 | -31.8 | -31.2 | |
| Margin % | 13.61 | 8.78 | -13.92 | -13.65 | -13.92 | |
| EPS, Adj (current shares) | 5.72 | 4.41 | -6.73 | -7.51 | -7.36 | |
| Growth %, YoY | — | -22.8 | -252.6 | -11.6 | — | |
| Cash from Operations | 27.0 | -37.3 | -31.2 | 27.5 | — | |
| Capital Expenditures | -114.4 | -103.5 | -4.7 | -9.0 | — | |
| Free Cash Flow | -87.4 | -140.8 | -35.9 | 18.5 | 18.5 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Global Surfaces (NSE: GSLSU) had a market capitalisation of ₹105 crore at the 30 October 2026 close (₹24.80 a share) and a price-to-book ratio of 0.39. In FY26 its consolidated net loss was ₹31.8 crore on revenue of ₹233 crore; in Q1 FY27 (April–June 2026) it was ₹15 lakh. Its debt-to-equity ratio was 0.60 on 31 March 2026. Promoters held 73.25% of the shares on 30 September 2026.
Global Surfaces' PE ratio is not meaningful at the 30 October 2026 close: its consolidated net profit over the last four quarters (Q2 FY26 to Q1 FY27) was a loss of ₹31.2 crore, and a price-to-earnings ratio needs positive earnings. Its market capitalisation was ₹105 crore at ₹24.80 a share.
Global Surfaces' price-to-book (PB) ratio is 0.39 at the 30 October 2026 close: a market capitalisation of ₹105 crore divided by shareholders' equity (book value) of ₹271 crore on 31 March 2026. That is a book value of ₹63.84 per share against a share price of ₹24.80.
Global Surfaces' book value per share was ₹63.84 on 31 March 2026: shareholders' equity of ₹271 crore divided by the 4.24 crore shares in issue, down 10.5% from ₹71.34 a year earlier. The share price at the 30 October 2026 close was ₹24.80.
Global Surfaces' market capitalisation was ₹105 crore at the 30 October 2026 close: 4.24 crore shares at ₹24.80 each.
No. Global Surfaces had borrowings of ₹163 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.60. Its cash and current investments were ₹10.6 crore, so its net debt was ₹153 crore.
Global Surfaces' basic earnings per share (EPS) were −₹7.18 in FY26, against −₹6.73 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to −₹7.04.
Global Surfaces' debt-to-equity ratio was 0.60 on 31 March 2026: borrowings of ₹163 crore against total equity of ₹271 crore. A year earlier, on 31 March 2025, it was 0.50.
Global Surfaces' net worth — shareholders' equity in its consolidated balance sheet — was ₹271 crore on 31 March 2026, down 10.5% from ₹302 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹105 crore at the 30 October 2026 close.
In FY26, Global Surfaces generated ₹27.5 crore of cash from operations and spent ₹9 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹18.5 crore. In FY25 it was −₹35.9 crore.
In FY26, Global Surfaces' return on equity (ROE) was −11.1% and its return on capital employed (ROCE) was −7.7%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was −9.0% and ROCE −4.0%.
On 30 September 2026, Global Surfaces' shares were held by promoters 73.25%, foreign portfolio investors (FII/FPI) 0.77% and retail and other non-institutional investors 25.98%. Over the year, FII holding was up 0.01 percentage points from 0.76%.
Global Surfaces' latest results are for Q1 FY27 (April–June 2026), filed on 10 August 2026: consolidated net profit ₹15 lakh, against a loss of ₹43 lakh in Q1 FY26; revenue from operations ₹65.4 crore, down 12.2% year on year.
Promoters held 73.25% of Global Surfaces on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26 (April 2025–March 2026), Global Surfaces' consolidated net loss was ₹31.8 crore, wider than the loss of ₹28.5 crore in FY25, on revenue from operations of ₹233 crore (up 12.3%).
Global Surfaces will announce its Q2 FY27 results (July–September 2026) on Monday, 2 November 2026, the date of the board meeting it has notified to the exchanges.
On FY26 consolidated figures, against Aro Granite Industries, Oriental Trimex and Madhav Marbles and Granites: Global Surfaces' operating margin of −12.7% is the third highest of the four (Aro Granite Industries −11.3%, Oriental Trimex 2.1%, Madhav Marbles and Granites −16.5%; peer average −8.6%); its return on equity of −11.1% is the lowest of the four (Aro Granite Industries −6.6%, Oriental Trimex 1.8%, Madhav Marbles and Granites 0.3%; peer average −1.5%); its revenue growth over three years of 9.4% a year is the second highest of the four (Aro Granite Industries −23.5% a year, Oriental Trimex 34.5% a year, Madhav Marbles and Granites −13.4% a year; peer average −0.8% a year).
In FY26, Global Surfaces earned net profit of ₹31.8 crore on revenue of ₹233 crore, against ₹11.8 crore on ₹73.5 crore for Aro Granite Industries. Global Surfaces' operating margin was −12.7% (Aro Granite Industries −11.3%) and its return on equity −11.1% (Aro Granite Industries −6.6%). At the 30 October 2026 close, Global Surfaces' market capitalisation was ₹105 crore against ₹33.3 crore for Aro Granite Industries.
From Global Surfaces' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.