Global Surfaces Limited · NSE:GSLSU
Global Surfaces — Q1 FY26 Earnings Presentation
28 slides from Global Surfaces's earnings presentation, Aug 14, 2025
Slide 1: Regulation 30 intimation to stock exchanges
Ref: GSL/SEC/2025-26/27 Date: August 14, 2025 To, BSE Limited, National Stock Exchange of India Limited Dept of Corporate Services The Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, Dalal Street, Fort, Bandra Kurla Complex, Bandra (East), Mumbai 400 001 (Maharashtra) Mumb
Slide 2: Earnings Presentation Q1-FY26
Earnings Presentation Q1-FY26 1
Slide 3: Global Surfaces At A Glance
Global Surfaces At A Glance 20+ 550+ Years of experience Total workforce 3 91%+ State-of-the-art manufacturing facilities In India and Dubai Built for Scale, powered by Exports Cutting-Edge Technology ~1,615,500 0.50X SMT p.a Combined production capacity Debt to Equity * All figures reported as on F
Slide 4: Company Overview
COMPANY OVERVIEW 7
Slide 5: Company Overview
Company Overview Operational Revenue (INR Mn) & EBITDA Margins (%) • Global Surfaces Limited (GSL), established in 1991 and headquartered in Jaipur, India, specializes in 2,253 the production and export of natural stones and engineered quartz products. 2,076 1,781 • The company's leadership includes
Slide 6: Geographical Presence
Geographical Presence Canada Europe USA Kuwait Qatar UAE Saudi Arabia India Vietnam FY25 Geographical Revenue Break-up 9% Australia 91% Manufacturing Facilities Export countries Domestic Export 5
Slide 7: Manufacturing Facilities - Domestic
Manufacturing Facilities - Domestic UNIT 1: Bagru, Jaipur, Rajasthan UNIT 2: SEZ, Jaipur, Rajasthan • Size: 20,488 (sq. mt.) • Size: 24,139 (sq. mt.) • Manufacturing Capacity: 4,71,164 (sq. mtrs. p.a.) • Manufacturing Capacity: 5,21,454 (sq. mtrs. p.a.) • Purpose: Processing of natural stones (marbl
Slide 8: Manufacturing Facilities – International
Manufacturing Facilities – International UNIT 3: Global Surfaces FZE, Dubai, UAE (Wholly Owned Subsidiary) • Size: 39,657.63 sq. mt. (leased) • Manufacturing Capacity: 6,22,895 (sq. mtrs. p.a.) • Purpose: Manufacturing of engineered stones • Benefits: Proximity to Jebel Ali Port helps optimize freig
Slide 9: International Subsidiaries
International Subsidiaries Global Surfaces Inc. (USA) Global Surfaces FZE (UAE) Superior Surfaces Inc. (SSI) • Global Surfaces Inc. (GSI), a wholly owned subsidiary of • Global Surfaces FZE, a wholly owned subsidiary of • Superior Surfaces Inc. (SSI) was incorporated on May 5, Global Surfaces Limite
Slide 10: Business Overview
BUSINESS OVERVIEW 7
Slide 11: Engineered Stones
Engineered Stones • Quartz are natural stones that occur in clusters and do not form large stone blocks like granite or limestone. Due to this characteristic, it is Revenue (INR Mn) Volume (Sqm/pa) unsuitable for direct use in countertops or other large slab applications. • To make quartz a viable o
Slide 12: Manufacturing Process – Engineered Stones
Manufacturing Process – Engineered Stones Moulding Polishing slab Loading longitudinal trimming transverse trimming Surface calibration – slab bottom surface Slab polishing section Surface calibration – Slab Tilter Slab Top Service Slab cleaning station Slab quality check area Slabs unloading robot
Slide 13: Marquartz-Technologically Advanced Premium Product
Marquartz-Technologically Advanced Premium Product Strategic Advantage • Global Surfaces FZE, a wholly-owned subsidiary of Global Surfaces Limited, entered into a License Agreement with SQIP, LLC, a Florida-based limited liability company. • Under the terms of the Agreement, Global Surfaces has been
Slide 14: Licensed Technology: Key Marquartz Advantages
Marquartz – Advantages • Utilizes patented Non-Push-Up Vein Technology and Push- Up Vein Technology Licensed • Employs proprietary RIFT VEINTM TECHNOLOGY and CONVERGENCETM TECHNOLOGY Technology: • Enables the manufacturing of quartz-based slabs that emulate the natural, random appearance of veins an
Slide 15: Natural Stones
Natural Stones • Natural stones are rocks that are quarried from the earth and used in various Revenue (INR Mn) Volume (Sqm/pa) applications such as construction, flooring, countertops, and sculptures. • They are formed through natural geological processes over millions of years and 223 55,429 are k
Slide 16: Manufacturing Process – Natural Stones
Manufacturing Process – Natural Stones Selection of Block Calibration & Packaging & Storing or Raw Material Dressing Block Sawing Fibre Net Grinding Polishing Transportation 15
Slide 17: Strategic Overview
STRATEGIC OVERVIEW 7
Slide 18: Growth Drivers
Growth Drivers Rising Demand for Aesthetic Urbanization and Strong Growth in Export Technological Advancements and Durable Surfaces infrastructure Growth Markets & Innovation Increasing preference for luxury Rapid urbanization and expansion of Rising exports to developed nations Growth in customized
Slide 19: ESG
ESG Global Surfaces Ltd. has implemented several green initiatives to promote sustainability and reduce environmental impact: Water Conservation: The Sustainable Product company has implemented Development: an advanced water treatment The company is committed to system that recycles 80% of creating
Slide 20: Financial Overview
FINANCIAL 1 OVERVIEW :
Slide 21: Q1-FY26 Financial Highlights/ Operational Highlights
Q1-FY26 Financial Highlights/ Operational Highlights Q1-FY26 Operational Highlights • India operations saw a temporary decline, largely due to uncertainty around US trade policy and slower offtake by customers reacting to potential tariff changes. Q4-FY21 Financial Performance • To address this, the
Slide 22: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (INR Mn) Q1-FY26 Q1-FY25 YOY Q4-FY25 QOQ Revenue from Operations 745 571 30.5% 575 29.6% Total Expenses 665 497 33.8% 594 12.0% EBIDTA 80 74 8.1% (19) NA EBIDTA Margins (%) 10.74% 12.96% (222) Bps (3.30)% NA Depreciation and amortisation expen
Slide 23: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY23 FY24 FY25 Q1-FY26 Revenue from Operations 1,781 2,253 2,076 745 Total Expenses 1,426 1,903 2,056 665 EBIDTA 355 350 20 80 EBIDTA Margins (%) 19.93% 15.53% 0.96% 10.74% Depreciation and amortisation expenses 94 89 187 44 Finance costs
Slide 24: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (INR Mn) FY23 FY24 FY25 Particulars (INR Mn) FY23 FY24 FY25 EQUITY AND LIABILITIES ASSETS Equity Share Capital 424 424 424 Property, Plant and Equipment 383 2,443 2,375 Capital WIP 1,237 1 - Other Equity 2,189 2,881 2,600 Right-of-use Assets 505 496
Slide 25: Consolidated Financial Performance
Consolidated Financial Performance Operational Revenue (INR Mn) PAT (INR Mn) & PAT Margins (%) EBITDA (INR Mn) & EBITDA Margin 242 (%) 198 2,253 355 2,076 350 13.59% 1,781 8.79% FY23 FY24 FY25 Q1-FY26 (6) 19.93% 745 15.53% (0.81)% 80 10.74% 20 (13.92)% (289) 0.96% FY23 FY24 FY25 Q1-FY26 FY23 FY24 FY
Slide 26: Capital Market Slide
Capital Market Slide Stock Price (As on 30th June, 2025) 20% 10% 0% -10% -20% -30% -40% -50% -60% Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Global Surfaces Sensex Shareholding Pattern (As on 30th June, 2025) Price Data (As on 30th June, 2025) INR Face Value
Slide 27: Disclaimer
Disclaimer Global Surfaces Limited No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events
Slide 28: Thank You
THANK YOU Le