Earnings Call/Transcript
Global Surfaces Q2/H1 FY27 Earnings Call Transcript
Global Surfaces filed the transcript of its Q2 and H1 FY27 earnings call held on November 3, 2026, covering financial results and business performance.
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Investor Presentation
Q2 FY27
Investor Presentation
Q2 FY27
Investor Presentation
Q4 FY26
Investor Presentation
Q3 FY26
Investor Presentation
Q2 FY26
Investor Presentation
Q2 FY26
Investor Presentation
Q1 FY26
Investor Presentation
Q2 FY25
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Consumer Durables
Granites & Marbles
97 Cr
Low Risk
-3.0
43.5
—
0.4
139.90
22.11
Sales CAGR
Profit CAGR
ROE
ROCE
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Earnings Call/Transcript
Global Surfaces filed the transcript of its Q2 and H1 FY27 earnings call held on November 3, 2026, covering financial results and business performance.
Financial Results
Global Surfaces published newspaper advertisements containing extracts of unaudited consolidated financial results for the quarter and half year ended September 30, 2026.
Earnings Call/Transcript
Global Surfaces uploaded the audio recording of its Q2/H1 FY27 earnings call held on November 3, 2026.
Investor Presentation
Global Surfaces issued a revised Q2/H1 FY27 earnings presentation to correct year-on-year percentage sign conventions. Reported financial figures remain unchanged.
Investor Presentation
Global Surfaces shared its earnings presentation covering financial and operational performance for the quarter and half year ended September 30, 2026.
Regulatory/Compliance Filing
Global Surfaces amended its materiality policy and authorised three KMPs to determine materiality and make regulatory disclosures under Regulation 30(5).

Global Surfaces Ltd (GSLSU) is currently trading at 22.80 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Global Surfaces Limited manufactures and exports engineered quartz surfaces for residential, commercial, and architectural applications, supported by facilities in Jaipur and Dubai and distribution entities in the United States. Its products serve countertops, flooring, wall cladding, vanities, reception desks, and other interior applications, with six engineered quartz series including Aurora, Kalmasa, Prismatic, Stratum, Quartzite, and Marquartz. The company has materially shifted toward engineered quartz after discontinuing its Bagru natural-stone unit from March 31, 2026. Engineered stone represented approximately 98% of H1 FY27 revenue, indicating a sharper strategic focus but also greater dependence on one product category and the regulatory and trade conditions affecting quartz exports. H1 FY27 EBITDA more than doubled year-on-year to Rs. 9.6 crore, with margin improving to 7.66% from 3.42%, despite revenue declining 2.6%. However, Q2 EBITDA margin fell sharply to 2.17% because of higher raw-material and freight costs, while reduced foreign-exchange gains kept the company loss-making at the profit-after-tax level. The United States safeguard measure on quartz surfaces is the most immediate external risk. A global tariff quota applies an additional 25% duty within the first-year quota and 50% above it, while India and the UAE received no exemption. Since the United States represented approximately 72% of India’s quartz exports, geographic diversification has become strategically important. Management is expanding domestic distribution in India, with dealer-led brand marketing and dispatches commencing in November 2026. The company is also emphasizing Marquartz, a patented, licensed-technology product priced approximately 20% to 30% above regular products, while sourcing more materials domestically and pursuing operating efficiencies to improve utilization and profitability.
Over the past 52 weeks, Global Surfaces Ltd has traded between a low of ₹22.11 and a high of ₹139.90. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Global Surfaces Ltd has a market capitalization of approximately 95.83. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Global Surfaces Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of -2.99 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 95.83 Cr, Global Surfaces Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Global Surfaces Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Global Surfaces Ltd is -2.99. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
Global Surfaces Limited reported consolidated revenue from operations of Rs 59.9 crore in Q2 FY27. This was 10.7% higher than Rs 54.1 crore reported in Q2 FY26.
Global Surfaces FZE received exclusive, non-transferable and non-sublicensable rights to use licensed patents and know-how for engineered quartz products. The rights permit development, production and manufacture in MENA and FROR in India. The supplied presentation does not disclose the agreement’s financial terms.
Global Surfaces says its Board of Directors approved the discontinuation of the Bagru unit on February 3, 2026, effective March 31, 2026. The presentation does not give a reason for the decision. It states that limited activities continued after the closure date to complete existing orders.
Yes. Global Surfaces reported EBITDA of Rs 9.6 crore in H1-FY27, compared with Rs 4.4 crore in H1-FY26 and a Rs 11.3 crore EBITDA loss in FY26. Its H1-FY27 EBITDA margin was 7.66%.