Global Surfaces

Why is Global Surfaces Ltd falling/rising?

As of 01-Sep, Global Surfaces Ltd's stock price is declining, currently at Rs 25.46, reflecting a 5.0% drop and a total decline of 30.76% over the last nine days. The stock has significantly underperformed compared to the Sensex, with a year-to-date decline of 74.28% and negative financial metrics contributing to bearish sentiment.

As of 01-Sep, Global Surfaces Ltd's stock price is falling, currently at Rs 25.46, which reflects a decrease of Rs 1.34 or 5.0%. The stock has been on a downward trend, having lost value for the last nine consecutive days, resulting in a total decline of 30.76% during this period. Additionally, the stock opened today with a loss of 2.95% and reached an intraday low of Rs 25.46, indicating significant selling pressure.<BR><BR>The stock's performance over various time frames shows a stark underperformance compared to the benchmark Sensex. Over the past week, the stock has dropped by 15.08%, while the Sensex fell only 0.92%. In the last month, the stock decreased by 8.88% compared to a 1.47% decline in the Sensex. Year-to-date, Global Surfaces Ltd has seen a staggering decline of 74.28%, while the benchmark has only fallen by 9.71%. Over the past year, the stock has plummeted by 76.96%, significantly underperforming the Sensex, which decreased by just 4.26%.<BR><BR>The stock is also trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically indicates bearish sentiment. Furthermore, the company has a weak long-term fundamental outlook, evidenced by a -209.10% CAGR growth in operating profits over the last five years and a negative EBITDA of Rs -10.93 crore. This financial instability contributes to the stock's decline, as does the falling participation from institutional investors, who have reduced their stake by 0.83% in the last quarter.<BR><BR>Overall, the combination of consistent underperformance, negative financial metrics, and declining investor confidence are key factors contributing to the falling stock price of Global Surfaces Ltd.

Who are in the management team of Global Surfaces?

The management team of Global Surfaces includes Mayank Shah (Chairman/Executive Director), Sweta Shah (Executive Director), Ashish Kumar (Non-Executive Director), and three Independent Non-Executive Directors: Dinesh Kumar Govil, Yashwant Kumar Sharma, and Sudhir Baxi. They are responsible for the company's strategic direction and governance.

The management team of Global Surfaces includes the following individuals:<BR><BR>1. **Mayank Shah** - Chairman / Executive Director<BR>2. **Sweta Shah** - Executive Director<BR>3. **Ashish Kumar** - Non-Executive Director<BR>4. **Dinesh Kumar Govil** - Independent Non-Executive Director<BR>5. **Yashwant Kumar Sharma** - Independent Non-Executive Director<BR>6. **Sudhir Baxi** - Independent Non-Executive Director<BR><BR>This team plays a crucial role in guiding the company's strategic direction and governance.

What does Global Surfaces do?

Global Surfaces Ltd is a micro-cap company in the diversified consumer products industry, specializing in stone products. As of June 2026, it reported net sales of 65 Cr and a market cap of INR 111 Cr.

Overview: <BR>Global Surfaces Ltd operates in the diversified consumer products industry and is categorized as a micro-cap company.<BR><BR>History: <BR>Global Surfaces Limited was incorporated in 1991 under the name "Swastic Niwas Private Limited." The company underwent several name changes, becoming "Global Stones Private Limited" in 2004 and "Global Surfaces Private Limited" in 2021. It transitioned to a public limited company and adopted its current name on October 21, 2021. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 65 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 0 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 111 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 29 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.75 <BR>Return on Equity: -11.25% <BR>Price to Book: 0.42 <BR><BR>Contact Details: <BR>No Company Details Available <BR>Registrar Address: Not available.

Who are the peers of the Global Surfaces?

Global Surfaces' peers include Manoj Ceramic, OK Play India, Avro India, Anka India, Pacific Inds, Aeron Composites, Zenith Exports, Srivasavi Adhes., and Marvel Decor. Their management and growth risks vary, with Manoj Ceramic showing the highest 1-year return at -14.48%, while Global Surfaces has the lowest at -75.28%.

Peers: The peers of Global Surfaces are Manoj Ceramic, OK Play India, Avro India, Anka India, Pacific Inds, Aeron Composites, Zenith Exports, Srivasavi Adhes., and Marvel Decor.<BR><BR>Quality Snapshot: Excellent management risk is observed at Manoj Ceramic and Anka India, while Average management risk is found at Aeron Composites, and the rest have Below Average management risk. Excellent growth is noted at Anka India, while Average growth is seen at Manoj Ceramic and Marvel Decor, and the rest have Below Average growth. Good capital structure is present at Pacific Inds and Aeron Composites, Average capital structure is found at Avro India and Manoj Ceramic, while the rest have Below Average capital structure.<BR><BR>Return Snapshot: Manoj Ceramic has the highest 1-year return at -14.48%, while OK Play India has the lowest at -63.89%, with Global Surfaces' 1-year return at -75.28% being significantly lower. Additionally, peers such as OK Play India, Avro India, Anka India, and Global Surfaces have negative six-month returns.

How big is Global Surfaces?

As of 31st August, Global Surfaces Ltd has a market capitalization of 111.00 Cr and reported net sales of 224.16 Cr with a loss of 29.85 Cr over the latest four quarters. Shareholder's funds were 270.58 Cr and total assets were 526.62 Cr as of March 2026.

As of 31st August, Global Surfaces Ltd has a market capitalization of 111.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Global Surfaces reported net sales of 224.16 Cr. However, the company experienced a loss of 29.85 Cr during the same period.<BR><BR>The latest annual period for the balance sheet is March 2026, where shareholder's funds amounted to 270.58 Cr and total assets were reported at 526.62 Cr.

Which are the latest news on Global Surfaces?

Should I buy, sell or hold Global Surfaces Ltd?

Are Global Surfaces Ltd latest results good or bad?

Global Surfaces Ltd's latest results are concerning, showing a 23.42% decline in net sales and a consolidated net loss of ₹22.32 crores, indicating severe operational challenges and financial distress. The stock is significantly underperforming, trading 61.75% below its 52-week high, with analysts rating it a "Strong Sell."

Global Surfaces Ltd's latest results are quite concerning and can be classified as bad. The company reported a significant decline in net sales, which fell by 23.42% quarter-on-quarter to ₹45.39 crores. This marks the lowest quarterly revenue recorded in the available data. Additionally, the operating profit margin turned deeply negative at -41.82%, indicating severe operational challenges.<BR><BR>The financial metrics reflect a deteriorating situation, with a consolidated net loss of ₹22.32 crores for the quarter, representing a staggering decline of 641.53% compared to the previous quarter. The company's inability to generate positive operating cash flow and the mounting debt obligations further exacerbate its financial distress.<BR><BR>Moreover, the stock has been underperforming significantly, trading 61.75% below its 52-week high, and analysts have rated it with a "Strong Sell" sentiment, scoring just 9 out of 100. Overall, the results indicate a business in distress, with no clear signs of recovery or stabilization in the near term.

Is Global Surfaces technically bullish or bearish?

As of December 1, 2025, the technical trend is mildly bearish, supported by conflicting MACD signals, bearish moving averages, and negative indicators from Bollinger Bands and Dow Theory, suggesting a cautious approach.

As of 1 December 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating bullish momentum but the monthly MACD showing a mildly bearish trend. The daily moving averages are also mildly bearish, and the weekly KST is bearish, reinforcing the negative outlook. Additionally, the Bollinger Bands on a monthly basis are bearish, while the Dow Theory indicates a mildly bearish trend on the weekly timeframe. Overall, the combination of these indicators suggests a cautious approach, with the bearish sentiment prevailing in the longer-term view.

How has been the historical performance of Global Surfaces?

Global Surfaces experienced significant financial fluctuations, reporting a net loss of -28.54 Cr in March 2025, down from a profit of 18.70 Cr in March 2024, primarily due to rising costs and decreased sales. Total liabilities increased to 537.64 Cr, while cash flow from operating activities remained negative at -31.00 Cr.

Answer:<BR>The historical performance of Global Surfaces has shown significant fluctuations over the years, particularly in profitability and sales.<BR><BR>Breakdown:<BR>Global Surfaces reported net sales of 207.64 Cr in March 2025, a decrease from 225.29 Cr in March 2024, but an increase from 178.07 Cr in March 2023. Total operating income mirrored this trend, remaining at 207.64 Cr in March 2025, down from 225.29 Cr in the previous year. The company's total expenditure, excluding depreciation, rose to 205.71 Cr in March 2025 from 190.32 Cr in March 2024, primarily driven by increased raw material costs and other expenses. Consequently, operating profit (PBDIT) plummeted to 9.17 Cr in March 2025 from 38.69 Cr in March 2024, leading to a profit before tax of -24.93 Cr in March 2025, a stark contrast to the profit of 25.25 Cr in March 2024. The net profit also fell to -28.54 Cr in March 2025 from 18.70 Cr in the previous year, resulting in a negative earnings per share of -6.73. On the balance sheet, total liabilities increased to 537.64 Cr in March 2025 from 500.42 Cr in March 2024, while total assets also rose to 537.64 Cr. Cash flow from operating activities remained negative at -31.00 Cr in March 2025, although cash and cash equivalents at the end of the period were stable at 2.00 Cr. Overall, Global Surfaces has faced challenges in maintaining profitability and managing costs, leading to a decline in financial performance in the latest fiscal year.

Who are the top shareholders of the Global Surfaces?

The top shareholders of Global Surfaces include Mayank Shah, the largest individual shareholder with 55.46%, and L7 Hitech Private Limited, the highest public shareholder at 2.05%. Institutional investors hold 1.67% collectively, while individual investors own 19.59% of the shares.

The top shareholders of Global Surfaces include the promoters, with Mayank Shah being the largest individual shareholder, holding 55.46% of the company. There are no pledged promoter holdings. In terms of institutional investors, 12 Foreign Institutional Investors (FIIs) hold a combined 1.67%. The highest public shareholder is L7 Hitech Private Limited, which holds 2.05%. Additionally, individual investors collectively hold 19.59% of the shares.

Is Global Surfaces overvalued or undervalued?

As of May 29, 2025, Global Surfaces is considered overvalued and risky due to negative financial ratios and poor stock performance, significantly underperforming compared to its peers and the Sensex.

As of 29 May 2025, Global Surfaces has moved from an attractive to a risky valuation grade. The company appears to be overvalued based on its current financial ratios, which include a PE ratio of -18.98, an EV to EBITDA of 378.21, and a ROE of -9.44%. These figures indicate significant financial distress compared to its peers, such as LT Foods Ltd. with a PE of 27.31 and an EV to EBITDA of 18.04, and Cera Sanitaryware Ltd. with a PE of 34.68 and an EV to EBITDA of 26.52.<BR><BR>The stark contrast in valuation metrics highlights that Global Surfaces is not only underperforming but also carries a higher risk profile than its competitors. Additionally, the company's stock has underperformed relative to the Sensex, with a year-to-date return of -24.09% compared to the Sensex's 5.56%. Overall, the combination of negative ratios and poor stock performance suggests that Global Surfaces is overvalued in the current market environment.

When is the next results date for Global Surfaces?

No Upcoming Board Meetings

Has Global Surfaces declared dividend?

No Dividend History Available