Announced Tue, 11 Aug · 13:09 IST
Global Surfaces Q1 FY27: Revenue down YoY but margins improve, PAT near breakeven
GSLSU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+9.4%1-day move
₹27.01
prior close
₹28.15
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
———+0.0+9.4+14.8+19.4+24.8+31.0+29.3-9.5+3.7——
Up moveDown movePending
AI summary
Global Surfaces reported Q1 FY27 revenue of INR 654 Mn, down 12.2% YoY but up 44.1% QoQ. EBITDA rose to INR 83 Mn with margins improving 195 bps YoY to 12.69%. PAT was INR 0.64 Mn versus a loss of INR 6 Mn YoY. Management attributed the improvement to UAE operations ramp-up, which became the largest revenue contributor. The natural stones plant was discontinued from March 31, 2026. Exports remain 95% of revenue. Debt to equity stands at 0.60x.
Likely market impact
Margin recovery and UAE ramp-up are positives, but YoY revenue decline, freight cost pressures, and stock down 70% from highs signal caution.