What we do Global Surfaces Ltd is a manufacturer of natural stones and engineered quartz, serving flooring, wall cladding, and countertops worldwide with facilities in India and UAE. |
Founded in 1,991 |
Market share Growing presence globally with export-focused strategy and multi-shore manufacturing in India, UAE, and USA. |
Problem solved Providing high-quality, durable, and aesthetically superior surface materials with enhanced logistics and tariff advantages. |
Top clients or who we serve B2B clients including construction, real estate, commercial and residential developers primarily in USA, Middle East, and India. |
Key management Mayank Shah (Chairman & Managing Director) with two decades of industry expertise; notable Independent Director Dr. Chandan Chowdhury, PhD and global leadership experience. |
Our journey and innovations Transitioned from natural stones processing to engineered quartz; expanded manufacturing to UAE with patented tech licensing for premium products; IPO in 2023. |
Where we operate India, United Arab Emirates, United States, and exports to North America, Middle East, Europe, Australia, and Asia. |
Top products or what we offer Engineered quartz and natural stone slabs and countertops under premium branded series such as Quartzites and Marquartz. |
Top brands Marquartz series featuring patented vein pattern technology; Quartzites premium quartz stone collection favored globally. |
Raw materials needed Natural stones like marble, granite, quartzite; quartz mineral; resin binders and pigments for engineered quartz. |
Raw materials supplier Locally sourced in India near Bagru; supply partnerships for quartz raw materials internationally. |
Recurring vs cyclical contribution Revenue dependent on real estate and renovation cycles; mix of recurring exports and project-based sales. |
Our industry position Emerging player with multi-shore manufacturing edge and exclusive technology licenses positioning it for premium market segments. |
Financial highlights REVENUE FY25: ₹207.6 Cr (consolidated), PAT: -₹28.5 Cr reflecting strategic investments in UAE operations and product innovation. |
Geographical revenue split India ~47%, USA ~38%, UAE ~15% of revenue with growing international footprint. |
Order book - |
Whats driving growth Global demand for premium quartz surfaces, tariff benefits via UAE facility, product innovation, and increasing export markets. |
Our future plans Capacity scale-up at Dubai, new product launches, and strengthening technology licensing and distribution networks. |
Our green promise Solar power adoption, water recycling systems, eco-friendly manufacturing, and sustainability certifications in place. |
Our people and values 550+ workforce committed to ethical, diverse, and innovation-driven culture across multiple countries. |
Key challenges ahead Macroeconomic uncertainties in export markets, tariff fluctuations, operational stabilization of new facility, and competitive pricing pressures. |
Interesting facts First Indian stone company with multi-shore manufacturing model; exclusive patented tech license for engineered quartz production in MENA. |
Risks and strategy Mitigation through geographic diversification, cost optimization, technology-based product differentiation, and expanding direct market presence. |
