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Global Surfaces Limited (GSLSU) AI Stock Analysis
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Global Surfaces Limited
(NSE:GSLSU)
The overall score is at the minimum of the range, driven by a combination of deep fundamental losses, a deteriorating balance sheet, and a persistently weak technical trend. The company's inability to generate profits, reflected in a negative P/E ratio, is the most significant risk, compounded by the stock trading far below all key moving averages with no positive catalysts in sight.
Global Surfaces Limited (GSLSU) vs. iShares MSCI India ETF (INDA)
- Market Cap
- INR 1.15B
- Dividend Yield
- ―
- Average Volume (3M)
- 12.52K
- Price to Earnings (P/E)
- -3.5
- Beta (1Y)
- 1.14
- Revenue Growth
- -0.38%
- EPS Growth
- -7.58%
- Country
- India
- Employees
- 174
- Sector
- General
- Sector Strength
- 55
- Industry
- Construction Materials
Global Surfaces Limited Business Overview & Revenue Model
Company Description
Global Surfaces Limited is primarily engaged in the mining, production, and international trade of both natural stone varieties and engineered quartz. The company's extensive natural stone catalog features granites, marbles, soft quartzites, phylites...
Global Surfaces Limited Financial Statement Overview
Summary
Revenue growth is offset by severe profitability deterioration, with a net loss of INR 304 million and gross margin halving to 28%. Rising debt to INR 2,138 million and a debt-to-equity of 0.79 increase risk, despite a modest return to positive operating cash flow.
Income Statement
30NegativeBalance Sheet
45NeutralCash Flow
40Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.24B | 2.33B | 2.08B | 2.25B | 1.77B | 1.89B |
| Gross Profit | 731.09M | 662.21M | 1.06B | 1.04B | 706.78M | 771.78M |
| EBITDA | 107.09M | 103.61M | 91.67M | 380.34M | 382.91M | 498.47M |
| Net Income | -298.48M | -304.28M | -285.35M | 187.00M | 242.34M | 356.34M |
Balance Sheet | ||||||
| Total Assets | 0 | 5.41B | 5.58B | 5.22B | 4.62B | 2.36B |
| Cash, Cash Equivalents and Short-Term Investments | 105.69M | 37.79M | 29.48M | 27.41M | 122.21M | 126.97M |
| Total Debt | 0 | 2.16B | 2.01B | 1.46B | 1.67B | 794.70M |
| Total Liabilities | -2.71B | 2.70B | 2.54B | 1.89B | 2.01B | 1.02B |
| Stockholders Equity | 2.71B | 2.71B | 3.02B | 3.31B | 2.61B | 1.34B |
Cash Flow | ||||||
| Free Cash Flow | 59.13M | 35.97M | -358.99M | -1.41B | -874.19M | 160.83M |
| Operating Cash Flow | 90.19M | 126.12M | -312.25M | -372.52M | 270.26M | 281.90M |
| Investing Cash Flow | -44.47M | -104.45M | -59.92M | 90.27M | -2.05B | -281.37M |
| Financing Cash Flow | -25.25M | -11.65M | 374.07M | 243.11M | 1.83B | -34.63M |
Global Surfaces Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GSLSU, the sentiment is Negative. The current price of 23.80 is below the 20-day moving average (MA) of 26.26, below the 50-day MA of 28.22, and below the 200-day MA of 51.01, indicating a bearish trend. The MACD of -1.30 indicates Positive momentum. The RSI at 35.66 is Neutral, neither overbought nor oversold. The STOCH value of 49.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:GSLSU.
Global Surfaces Limited Peers Comparison
Overall Rating
IN:KAJARIACER70Outperform
IN:SOMANYCERA68.4Neutral
IN:ORIENTBELL55Neutral
IN:ASIANTILES41Neutral
IN:NITCO39Underperform- IN:GSLSU37Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| IN:KAJARIACER | 70Outperform | INR 174.30B | 29.23 | ― | 1.62% | 14.20% | 66.86% |
| IN:SOMANYCERA | 68Neutral | INR 22.30B | 20.93 | ― | 1.11% | 9.32% | 82.85% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| IN:ORIENTBELL | 55Neutral | INR 5.10B | 24.07 | ― | 0.29% | 13.22% | 387.47% |
| IN:ASIANTILES | 41Neutral | INR 13.59B | 60.37 | ― | ― | 18.50% | -67.27% |
| IN:NITCO | 39Underperform | INR 17.32B | -57.89 | ― | ― | 28.75% | 98.71% |
| IN:GSLSU | 37Underperform | INR 1.01B | -3.52 | ― | ― | -0.38% | -7.58% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IN:GSLSU | Global Surfaces Limited | 23.80 | -94.90 | -79.95% | |
| IN:ASIANTILES | Asian Granito India Limited | 45.85 | -20.06 | -30.44% | |
| IN:KAJARIACER | Kajaria Ceramics Limited | 1109.15 | -57.99 | -4.97% | |
| IN:NITCO | Nitco Limited | 71.99 | -29.01 | -28.72% | |
| IN:ORIENTBELL | Orient Bell Limited | 346.05 | 55.77 | 19.21% | |
| IN:SOMANYCERA | Somany Ceramics Limited | 543.65 | 91.12 | 20.14% |
Global Surfaces Limited Corporate Events
Global Surfaces’ Credit Rating Cut as Losses, Liquidity Strains Persist
Credit rating agency Acuité Ratings & Research has downgraded Global Surfaces Limited’s long-term bank loan rating to ACUITE BBB with a Negative outlook and its short-term rating to ACUITE A3+, reflecting heightened concerns over the g...
Global Surfaces Publishes Notice for 35th AGM to Be Held Online
Global Surfaces Limited has notified exchanges that it has published newspaper advertisements announcing the circulation of the notice for its 35th Annual General Meeting, scheduled for September 19, 2026, to be held via video conferencing and other...
Global Surfaces Sets September 19, 2026 AGM With Governance Changes on Agenda
Global Surfaces Limited has scheduled its thirty-fifth Annual General Meeting for September 19, 2026, to be held via video conferencing or other audio-visual means, with electronic circulation of the AGM notice and the annual report for financial yea...
Global Surfaces Publishes Q1 FY27 Earnings Call Transcript for Investors
Global Surfaces Limited has released the official transcript of its Q1 FY 2026-27 earnings conference call held on August 11, 2026, where management discussed financial results and business performance for the quarter ended June 30, 2026. The documen...
Global Surfaces Overhauls Governance and Bolsters Dubai Subsidiary Financing
Global Surfaces Limited has approved its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and cleared the related board reports and governance documents ahead of its 35th Annual General Meeting, to be held...
Global Surfaces clears Q1 FY27 results, overhauls governance and backs Dubai arm
Global Surfaces Limited’s board has approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and cleared the accompanying review reports, paving the way for their publication to shareholders and...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 17, 2026