Global Surfaces Limited · NSE:GSLSU
Global Surfaces — Q2 FY27 Earnings Presentation
28 slides from Global Surfaces's earnings presentation, Nov 3, 2026
Slide 1: Exchange filing cover letter for earnings presentation
Ref: GSL/SEC/2026-27/50 November 3, 2026 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) Mumbai 40
Slide 2: Earnings Presentation Q2/H1-FY27
Earnings Presentation Q2/H1-FY27 1
Slide 3: Global Surfaces At A Glance
Global Surfaces At A Glance 2+ 10 Million+ Decades of Experience Satisfied Customers Globally 2 96% State-of-the-art manufacturing facilities In India and Dubai Built for Scale, powered by Exports Cutting-Edge Technology ~1,144,349 0.58X SMT p.a Combined production capacity Debt to Equity * All figu
Slide 4: Company Overview
COMPANY OVERVIEW 7
Slide 5: Company Overview
Company Overview • Global Surfaces Limited (GSL), established in 1991 and headquartered in Jaipur, India, specializes in the Operational Revenue (INR Mn) & production and export of natural stones and engineered quartz products. EBITDA Margins (%) 2,253 2,332 • The company's leadership includes Manag
Slide 6: Geographical Presence
Geographical Presence Canada Europe USA Kuwait Qatar UAE Saudi Arabia India H1-FY27 Geographical Revenue Break-up 4% 96% Manufacturing Facilities Export countries Domestic Export 5
Slide 7: Manufacturing Facilities - Domestic
Manufacturing Facilities - Domestic UNIT 1: SEZ, Jaipur, Rajasthan • Size: 24,139 (sq. mt.) • Manufacturing Capacity: 5,21,454 (sq. mtrs. p.a.) • Purpose: Manufacturing of engineered stones • Benefits: Equipped with an R&D facility to develop and improve products. : Proximity to the Bagru plant enab
Slide 8: Manufacturing Facilities – International
Manufacturing Facilities – International UNIT 2: 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. (USA) • 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
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. 2,200 3,83,756 3,95,886 • T
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 and
Slide 15: Natural Stones
Natural Stones Revenue (INR Mn) Volume (Sqm/pa) • Natural stones are rocks that are quarried from the earth and used in various 37,377 applications such as construction, flooring, countertops, and sculptures. 180 • They are formed through natural geological processes over millions of years and 133 2
Slide 16: Strategic Overview
STRATEGIC OVERVIEW 7
Slide 17: 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 18: 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 19: Financial Overview
FINANCIAL 7 OVERVIEW ;
Slide 20: Q2/H1-FY27 Financial Highlights & Operational Highlights
Q2/H1-FY27 Financial Highlights & Operational Highlights Q4-FY21 Q2-FY27Financial FinancialPerformance Performance • Maintained operational resilience amid geopolitical disruptions, navigating significant input cost pressures, with raw material prices Revenue from Operations EBITDA EBITDA Margins in
Slide 21: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (INR Mn) Q2-FY27 Q2-FY26 YoY Q1-FY27 QoQ Revenue from Operations 599 541 10.7% 654 (8.4)% Total Expenses 586 577 1.6% 571 2.6% EBIDTA 13 (36) (136.1)% 83 (84.3)% EBIDTA Margins (%) 2.17% (6.65)% 882 bps 12.69% NA Depreciation and amortisation
Slide 22: Half Yearly Financial Performance
Half Yearly Financial Performance Particulars (INR Mn) H1-FY27 H1-FY26 YoY Revenue from Operations 1,253 1,286 (2.6)% Total Expenses 1,157 1,242 (6.8)% EBIDTA 96 44 NA EBIDTA Margins (%) 7.66% 3.42% 424 bps Depreciation and amortisation expenses 92 91 1.1% Finance costs 71 73 (2.7)% Other Income 18
Slide 23: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY24 FY25 FY26 H1-FY27 Revenue from Operations 2,253 2,076 2,332 1,253 Total Expenses 1,903 2,056 2,445 1,157 EBIDTA 350 20 (113) 96 EBIDTA Margins (%) 15.53% 0.96% (4.85)% 7.66% Depreciation and amortisation expenses 89 187 184 92 Financ
Slide 24: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (INR Mn) FY25 FY26 H1-FY27 Particulars (INR Mn) FY25 FY26 H1-FY27 EQUITY AND LIABILITIES ASSETS Property, Plant and Equipment 2,375 2,460 2,414 Equity Share Capital 424 424 424 Capital WIP - - - Other Equity 2,600 2,282 2,241 Right-of-use Assets 486
Slide 25: Consolidated Financial Performance
Consolidated Financial Performance Operational Revenue (INR Mn) PAT (INR Mn) & PAT Margins (%) EBITDA (INR Mn) & EBITDA Margin 2,332 (%) 198 2,253 350 2,076 8.79% (53) 1,253 15.53% 96 20 (113) 7.66% 0.96% (13.92)% (13.64)% -4.23% (4.85)% (289) (318) FY24 FY25 FY26 H1-FY27 FY24 FY25 FY26 H1-FY27 FY24
Slide 26: Capital Market Slide
Capital Market Slide Stock Price (As on 30th September, 2026) 80% 60% 40% 20% 0% -20% -40% -60% -80% Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26 Jul-26 Aug-26 Sep-26 Global Surfaces Sensex Shareholding Pattern (As on 30th September, Price Data (As on 30th September, 2026) INR 2026
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 7