| ₹ 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 previous close · figures from the company's filings with NSE
Global Surfaces (NSE: GSLSU) had a market capitalisation of ₹106 crore at the previous close (₹24.99 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 previous 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 ₹106 crore at ₹24.99 a share.
Global Surfaces' price-to-book (PB) ratio is 0.39 at the previous close: a market capitalisation of ₹106 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 ₹24.99.
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 previous close was ₹24.99.
Global Surfaces' market capitalisation was ₹106 crore at the previous close: 4.24 crore shares at ₹24.99 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 ₹106 crore at the previous 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%.
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%).
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.
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.
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).
From Global Surfaces' own consolidated results, balance sheets and shareholding patterns filed with NSE. 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.