Global Surfaces Limited

NSE: GSLSU · Unclassified

₹23.22+3.29%06 Nov 2026

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Instant answers about Global Surfaces Limited — computed from its filings, no language model

Market cap₹98 cr

Current price₹23.22

High / Low₹133 / ₹22

P/E—

P/B0.37

Book value₹62.9

ROE-12.0%

ROCE-2.5%

Debt / equity0.58

Dividend yield—

EPS (TTM)₹-7.52

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY23	FY24	FY25	FY26
Revenue	178.1	225.3	207.6	233.2
EBITDA	35.5	35.0	1.9	-11.3
Operating margin	19.9%	15.5%	0.9%	-4.9%
Interest	3.6	4.5	15.4	15.0
Depreciation	9.4	8.9	18.7	18.4
Profit before tax	25.3	25.2	-24.9	-23.0
Tax	1.1	5.5	4.0	8.8
Net profit	24.2	18.7	-28.5	-31.8
EPS ₹	7.10	4.41	-6.73	-7.18
Operating cash flow	27.0	-37.2	-31.2	27.5
Capex	114.4	103.5	4.7	9.0
Dividend paid	0.0	0.0	0.0	0.0
Total assets	462.1	521.8	557.5	540.7
Equity	261.3	330.5	302.3	270.6

Quarterly performance

last 15 quarters · ₹ crore

showing latest 8 of 15 periods

	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	39.6	36.4	40.2	40.1	108.6	57.1	47.0	46.1	57.5	74.5	54.1	59.3	45.4	65.4	59.9
Operating profit	7.9	5.2	6.8	6.7	16.2	7.5	1.7	-5.3	-1.9	8.0	-3.5	3.2	-19.0	8.3	1.3
Operating margin	20.0%	14.4%	16.9%	16.8%	14.9%	13.0%	3.7%	-11.5%	-3.4%	10.7%	-6.6%	5.5%	-41.8%	12.7%	2.1%
Other income	1.2	1.0	2.0	0.8	-0.1	0.7	1.0	5.4	0.1	0.2	9.2	2.5	9.9	0.2	1.6
Interest	0.8	0.9	1.4	1.1	1.0	3.4	3.1	4.2	4.8	3.6	3.7	3.9	3.8	3.5	3.5
Depreciation	2.3	1.7	1.8	1.9	3.6	4.5	4.6	4.7	4.8	4.4	4.7	4.7	4.5	4.5	4.7
Profit before tax	5.9	3.7	5.6	4.5	11.5	0.2	-5.0	-8.8	-11.4	0.1	-2.8	-2.9	-17.4	0.5	-5.4
Tax	0.2	1.5	2.2	1.1	0.7	1.5	1.2	1.7	-0.4	0.7	1.8	0.4	6.0	0.4	0.0
Net profit	5.8	2.2	2.7	3.3	10.5	-1.2	-6.4	-10.4	-10.5	-0.4	-4.7	-3.3	-23.4	0.1	-5.3
EPS ₹	1.68	0.51	0.64	0.77	2.48	-0.29	-1.51	-2.45	-2.48	-0.10	-1.10	-0.71	-5.27	0.04	-1.25
Revenue YoY	—	—	—	—	174.3%	57.1%	16.8%	15.0%	-47.1%	30.4%	15.1%	28.7%	-21.0%	-12.2%	10.7%
Profit YoY	—	—	—	—	83.0%	-156.2%	-334.8%	-417.1%	-199.8%	—	—	—	—	—	—

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 12 periods

	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	5.2%	5.7%	4.6%	1.9%	-2.3%	-9.4%	-9.2%	-8.8%	-6.4%	-11.8%	-11.5%	-12.0%
ROCE	7.0%	6.9%	6.7%	4.6%	2.2%	-2.1%	-2.1%	-1.4%	-0.2%	-1.8%	-1.8%	-2.5%
Net margin	8.9%	8.3%	6.2%	2.4%	-2.9%	-13.7%	-12.3%	-11.2%	-7.7%	-13.6%	-13.9%	-13.9%
EBITDA margin	17.1%	15.5%	15.1%	12.7%	7.8%	0.9%	1.1%	-1.2%	2.3%	-4.9%	-4.9%	-2.7%
Debt / equity	0.28	0.30	0.30	0.34	0.34	0.50	0.50	0.55	0.55	0.60	0.60	0.58
Interest coverage	5.56	6.60	4.14	2.30	0.83	-0.61	-0.59	-0.40	-0.06	-0.53	-0.52	-0.71
Asset turnover	0.35	0.43	0.47	0.47	0.48	0.37	0.40	0.41	0.43	0.43	0.41	0.42

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 8 periods

	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	42.4	42.4	42.4	42.4	42.4	42.4	42.4	42.4
Other equity / reserves	218.9	224.4	288.1	280.6	260.0	254.0	228.2	224.1
Total equity	261.3	266.8	330.5	322.9	302.3	296.4	270.6	266.5
Borrowings	120.8	75.8	98.3	108.3	152.1	163.2	163.3	155.4
Current liabilities	135.5	89.0	90.2	111.0	152.8	175.0	171.0	180.9
Non-current liabilities	65.2	84.7	99.1	102.3	100.7	99.8	98.8	94.5
Total assets	462.1	441.2	521.8	538.4	557.5	572.8	540.7	542.1
Property, plant & equipment	38.2	35.7	244.3	238.6	237.5	240.5	246.0	241.4
Capital work-in-progress	123.7	245.8	0.1	0.1	0.0	0.0	—	0.0
Investments	5.7	1.6	0.1	0.2	0.2	0.2	0.0	0.0
Inventories	44.0	57.5	76.8	95.4	94.8	95.0	87.4	81.9
Receivables	44.0	43.0	109.9	111.6	127.7	129.5	96.4	113.0
Cash & equivalents	6.5	7.7	2.6	3.2	2.8	4.8	3.8	1.5

Cash flow

annual · ₹ crore · line = free cash flow

	FY23	FY24	FY25	FY26
Cash from operations	27.0	-37.2	-31.2	27.5
Cash from investing	-205.3	9.0	-6.0	-10.4
Cash from financing	182.7	24.3	37.4	-16.0
Capex	114.4	103.5	4.7	9.0
Free cash flow	-87.4	-140.8	-35.9	18.5
Dividends paid	0.0	0.0	0.0	0.0

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹241.4 cr45%

CWIP

₹0.0 cr0%

Inventories

₹81.9 cr15%

Receivables

₹113.0 cr21%

Cash & equivalents

₹1.5 cr0%

Other assets

₹104.3 cr19%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Global Surfaces Limited	98	23.22	—	0.37	-12.0%

StoxGud checklist: Bearish setup · 2/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-19.6%

6 months-60.1%

1 year-76.6%

3Y CAGR-51.8%

5Y CAGR—

10Y CAGR—

50-day avg₹27.12

200-day avg₹48.88

RSI (14)35

FAQs

What is the share price of Global Surfaces Limited?

Global Surfaces Limited (GSLSU) closed at ₹23.22 on NSE on 06 Nov 2026.

What is the market cap of Global Surfaces Limited?

₹98 crore at the latest close.

How fast is Global Surfaces Limited growing?

Global Surfaces Limited: revenue has compounded at 9.4% a year over three years. Latest-quarter revenue is up 10.7% year on year.

How profitable is Global Surfaces Limited?

On a trailing-twelve-month basis return on equity is -12.0%, return on capital employed -2.5%, operating margin -2.7%, net margin -13.9%.

How much debt does Global Surfaces Limited have?

Global Surfaces Limited is moderately geared: debt to equity is 0.58 with borrowings of ₹155 cr against cash of ₹1 cr (balance sheet of 2026-09-30). Operating profit covers interest -0.7 times.

Financials parsed from Global Surfaces Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '23, annual from FY23, balance sheet from Mar '23. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.