Global Surfaces Limited to Participate in 11th Annual Valorem Conference on March 23, 2026

1 min read     Updated on 16 Mar 2026, 04:58 PM
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Overview

Global Surfaces Limited announced its participation in the 11th Annual Valorem Conference-Resilient Corporates, Relentless India, scheduled for March 23, 2026, at Grand Hyatt-Kalina, Mumbai. The company confirmed compliance with SEBI regulations and stated that no unpublished price-sensitive information will be discussed during the conference interactions.

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*this image is generated using AI for illustrative purposes only.

Global Surfaces Limited has announced its participation in the upcoming 11th Annual Valorem Conference, marking another step in its investor engagement activities. The company formally notified stock exchanges about this participation in compliance with regulatory requirements.

Conference Details

The conference, titled "11th Annual Valorem Conference-Resilient Corporates, Relentless India," is organized by Valorem Advisors and scheduled for Monday, March 23, 2026. The event will be held at Grand Hyatt-Kalina, Mumbai, providing a platform for corporate interactions with investors and stakeholders.

Parameter: Details
Conference Name: 11th Annual Valorem Conference-Resilient Corporates, Relentless India
Organizer: Valorem Advisors
Date: Monday, March 23, 2026
Venue: Grand Hyatt-Kalina, Mumbai

Regulatory Compliance

The announcement was made in compliance with Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Global Surfaces Limited has specifically stated that no unpublished price-sensitive information (UPSI) is intended to be discussed during the interactions at the conference.

Investor Information Access

The company has directed stakeholders to its latest investor presentation, which is available on the company's official website at www.globalsurfaces.in . This ensures that all relevant corporate information remains accessible to investors and interested parties.

Company Background

Global Surfaces Limited, formerly known as Global Stones Private Limited, operates as an ISO 9001:2015 and ISO 14001:2004 certified company. The company is listed on both BSE Limited (Scrip Code: 543829) and National Stock Exchange of India Limited (Symbol: GSLSU). The formal communication was signed by Dharam Singh Rathore, Company Secretary and Compliance Officer, from the company's registered office in Jaipur on March 16, 2026.

Historical Stock Returns for Global Surfaces

1 Day5 Days1 Month6 Months1 Year5 Years
-3.90%-17.23%-25.32%-42.04%-42.06%-64.52%

Global Surfaces Limited Releases Comprehensive Investor Presentation for March 2026

3 min read     Updated on 13 Mar 2026, 12:10 PM
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Reviewed by
Radhika SScanX News Team
Overview

Global Surfaces Limited released its March 2026 investor presentation, showcasing manufacturing capabilities across three facilities in India and UAE with total engineered stone capacity of 11,44,540 SMT per annum. The company reported revenue of INR 1,878 million for 9M-FY26 with 4.05% EBITDA margins. Key highlights include exclusive Marquartz technology licensing agreement and strategic international presence through subsidiaries in USA and UAE, positioning the company to capitalize on growing global demand in engineered and natural stone segments.

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*this image is generated using AI for illustrative purposes only.

Global Surfaces Limited has released its comprehensive investor presentation for March 2026, providing stakeholders with detailed insights into the company's operational capabilities, financial performance, and strategic growth initiatives in the natural and engineered stone segments.

Company Overview and Manufacturing Capabilities

Established in 1991 and headquartered in Jaipur, India, Global Surfaces Limited specializes in the production and export of natural stones and engineered quartz products. The company operates under the leadership of Managing Director and Chairperson Mr. Mayank Shah, who brings more than two decades of experience in the stones industry.

The company's manufacturing infrastructure spans three facilities with substantial production capacity:

Facility Location Size (sq. mt.) Manufacturing Capacity (sq. mtrs. p.a.) Purpose
Unit 1 Bagru, Jaipur, Rajasthan 20,488 4,71,164 Natural stones processing
Unit 2 SEZ, Jaipur, Rajasthan 24,139 5,21,454 Engineered stones manufacturing
Unit 3 Dubai, UAE (Global Surfaces FZE) 39,657.63 (leased) 6,22,895 Engineered stones manufacturing

Financial Performance Overview

The presentation reveals the company's financial trajectory over recent periods, showing mixed performance across different metrics. For 9M-FY26, Global Surfaces reported revenue from operations of INR 1,878 million with EBITDA margins of 4.05%.

Financial Metrics (INR Mn) FY23 FY24 FY25 9M-FY26
Revenue from Operations 1,781 2,253 2,076 1,878
EBITDA 355 350 20 76
EBITDA Margins (%) 19.93% 15.53% 0.96% 4.05%
PAT 242 198 (289) (85)
PAT Margins (%) 13.59% 8.79% (13.92)% (4.53)%

The segmental revenue breakdown for 9M-FY26 shows engineered stones contributing 94% of total revenue, while natural stones account for 6% of the business mix.

Strategic Technology Partnership

A significant highlight of the presentation is the company's exclusive licensing agreement for Marquartz technology. Global Surfaces FZE entered into a License Agreement on July 10, 2024, with SQIP, LLC (Florida-based company) and Veegoo Technology Co. Ltd. (Chinese company) to develop, produce, and manufacture licensed engineered quartz stones using exclusive patented technologies.

This partnership grants Global Surfaces non-transferable, non-sublicensable, and exclusive rights to use Licensed Patents in the Middle East and North Africa (MENA) region and First Right of Refusal (FROR) in India. The Marquartz product utilizes patented Non-Push-Up Vein Technology and Push-Up Vein Technology, employing proprietary RIFT VEIN™ TECHNOLOGY and CONVERGENCE™ TECHNOLOGY.

Global Operations and Market Presence

The company has established a strong international presence through strategic subsidiaries:

  • Global Surfaces FZE (UAE): Wholly owned subsidiary operating a state-of-the-art manufacturing facility in Jebel Ali Free Zone, Dubai
  • Global Surfaces Inc. (USA): Engaged in purchase, sale, supply, and distribution of stone products in US markets
  • Superior Surfaces Inc. (USA): Focused on distribution of quartz, marbles, granites, and engineered quartz

The Dubai facility offers significant advantages including proximity to Jebel Ali Port for optimized freight costs, Free Trade Zone benefits with income tax exemption, and strategic positioning to serve the growing MENA market demand.

Market Outlook and Growth Drivers

The presentation outlines several key growth drivers supporting the company's expansion strategy:

  • Rising demand for aesthetic and durable surfaces in luxury residential and commercial spaces
  • Urbanization and infrastructure growth driving real estate expansion
  • Strong growth in export markets with increasing opportunities for Indian manufacturers
  • Technological advancements enabling customized manufacturing and better quality control

The global engineered stone market reached USD 27.6 billion in 2024 and is expected to reach USD 35.5 billion by 2029, exhibiting a CAGR of 4.8%. The Indian engineered stone market, valued at USD 3.6 billion in 2022, is projected to grow at 7-8% CAGR between 2022 and 2027.

Balance Sheet Position

As of H1-FY26, the company maintains total assets of INR 5,728 million with total equity of INR 2,981 million. The current assets include inventories of INR 950 million and trade receivables of INR 1,295 million, while current liabilities stand at INR 1,750 million.

The presentation demonstrates Global Surfaces Limited's comprehensive approach to capturing growth opportunities in both engineered and natural stone segments through strategic manufacturing expansion, technology partnerships, and international market development.

Source: None/Company/INE0JSX01015/1a3692bf-a2b0-4383-bf48-f57d8fd0a689.pdf

Historical Stock Returns for Global Surfaces

1 Day5 Days1 Month6 Months1 Year5 Years
-3.90%-17.23%-25.32%-42.04%-42.06%-64.52%

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1 Year Returns:-42.06%