Global Surfaces Ltd
Incorporated in 2004, Global Surfaces Ltd
is in the business of manufacturing quartz
and processing of granite and marble[1]
- Market Cap ₹ 742 Cr.
- Current Price ₹ 175
- High / Low ₹ 333 / 168
- Stock P/E 116
- Book Value ₹ 76.2
- Dividend Yield 0.00 %
- ROCE 6.95 %
- ROE 6.89 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.1% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 178 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Miscellaneous Industry: Miscellaneous
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|
163 | 176 | 190 | 178 | 225 | 253 | |
123 | 128 | 148 | 143 | 190 | 221 | |
Operating Profit | 41 | 48 | 42 | 36 | 35 | 32 |
OPM % | 25% | 27% | 22% | 20% | 16% | 13% |
2 | 3 | 8 | 3 | 4 | 2 | |
Interest | 5 | 3 | 3 | 4 | 4 | 9 |
Depreciation | 17 | 13 | 11 | 9 | 9 | 15 |
Profit before tax | 21 | 35 | 36 | 25 | 25 | 11 |
Tax % | -1% | 2% | 1% | 4% | 22% | |
21 | 34 | 36 | 24 | 20 | 7 | |
EPS in Rs | 32.50 | 52.61 | 10.52 | 5.72 | 4.41 | 1.45 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 9% |
TTM: | 61% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -18% |
TTM: | -59% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -16% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 13% |
Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 6 | 6 | 34 | 42 | 42 | 42 |
Reserves | 58 | 92 | 100 | 219 | 238 | 281 |
54 | 38 | 79 | 166 | 145 | 153 | |
11 | 22 | 23 | 35 | 97 | 62 | |
Total Liabilities | 129 | 159 | 236 | 462 | 522 | 538 |
60 | 54 | 88 | 89 | 294 | 287 | |
CWIP | 0 | 1 | 7 | 124 | 0 | 0 |
Investments | 0 | 0 | 11 | 6 | 0 | 0 |
69 | 104 | 131 | 244 | 227 | 251 | |
Total Assets | 129 | 159 | 236 | 462 | 522 | 538 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
54 | 32 | 28 | 27 | -37 | |
-11 | -8 | -28 | -205 | 9 | |
-46 | -19 | -3 | 183 | 24 | |
Net Cash Flow | -3 | 5 | -3 | 4 | -4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 63 | 83 | 75 | 90 | 178 |
Inventory Days | 126 | 170 | 198 | 190 | 236 |
Days Payable | 42 | 81 | 79 | 70 | 119 |
Cash Conversion Cycle | 147 | 172 | 193 | 210 | 295 |
Working Capital Days | 106 | 123 | 154 | 128 | 243 |
ROCE % | 30% | 21% | 9% | 7% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Credit Rating
14h - Acuité reaffirms long-term and assigns short-term ratings.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Nov - Newspaper Clippings of advertisement published for the extract of unaudited Financial Results for the quarter and half year ended on September 30, 2024 in English …
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
13 Nov - Earnings release for Q2 and H1 FY25 results.
-
Disclosure Under Regulation 30(5) Of The SEBI (LODR) Regulations, 2015
13 Nov - Disclosure of Key Managerial Personnel for materiality determination.
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
13 Nov - No deviation in IPO proceeds utilization reported.
Business Overview:[1][2]
GSL is in the business of mining, production, and export of natural stones and engineered quartz. It offers a wide range of products and stones like - granite, marble, soft quartzite, soapstone, and phyllite in slab and countertops customized according to different sizes, shapes, forms, and colors