Global Surfaces (NSE:GSLSU) Gross Margin %: 47.36% (As of Mar. 2026) — 13% Above Median


NSE:GSLSU Global Surfaces Ltd NSE:GSLSU
56 GF Score
Price ₹45.72
GF Value ₹167.69
Valuation Possible Value Trap
! 3 Warning Signs
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What is Global Surfaces Gross Margin %?

Global Surfaces NSE:GSLSU +1.76% 56 Gross Margin % is 47.36% as of Mar. 2026, which is 13% above its 10-year median of 41.76. GuruFocus rates NSE:GSLSU with a GF Score™ of 56/100 and a GF Value™ of ₹167.69 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 397 Building Materials companies, Global Surfaces ranks better than 86.9% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Global Surfaces's Gross Profit for the three months ended in Mar. 2026 was ₹215 Mil. Global Surfaces's Revenue for the three months ended in Mar. 2026 was ₹454 Mil. Therefore, Global Surfaces's Gross Margin % for the quarter that ended in Mar. 2026 was 47.36%.


The historical rank and industry rank for Global Surfaces's Gross Margin % or its related term are showing as below:

NSE:GSLSU' s Gross Margin % Range Over the Past 10 Years
Min: 35.28   Med: 41.76   Max: 51.28
Current: 50.55


During the past 7 years, the highest Gross Margin % of Global Surfaces was 51.28%. The lowest was 35.28%. And the median was 41.76%.

NSE:GSLSU's Gross Margin % is ranked better than
86.9% of 397 companies
in the Building Materials industry
Industry Median: 26.2 vs NSE:GSLSU: 50.55

Global Surfaces had a gross margin of 47.36% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Global Surfaces was 3.50% per year.


Global Surfaces  (NSE:GSLSU) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Global Surfaces had a gross margin of 47.36% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Global Surfaces Gross Margin % Related Terms


Global Surfaces Gross Margin % Historical Data

* Premium members only.

The historical data trend for Global Surfaces's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Global Surfaces Gross Margin % Chart

Global Surfaces Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 40.80 39.87 35.28 51.28 50.54

Global Surfaces Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.09 51.30 49.62 52.88 47.36

NSE:GSLSU vs CRH, VMC, MLM: Gross Margin % Comparison

For the Building Materials subindustry, Global Surfaces's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Global Surfaces Gross Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Global Surfaces's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Global Surfaces's Gross Margin % falls into.


NSE:GSLSU
56GF Score
Global Surfaces Ltd NSE:GSLSU
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Surfaces Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Global Surfaces's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=1178.9 / 2332.39
=(Revenue - Cost of Goods Sold) / Revenue
=(2332.39 - 1153.54) / 2332.39
=50.54 %

Global Surfaces's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=215 / 453.93
=(Revenue - Cost of Goods Sold) / Revenue
=(453.93 - 238.93) / 453.93
=47.36 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 47.36% mean?
Global Surfaces (NSE:GSLSU) has a Gross Margin % of 47.36% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Global Surfaces and its competitors. This is 13% above median its historical median of 41.76. Over the past decade, Global Surfaces' Gross Margin % has ranged from 35.28 to 51.28. According to the industry distribution chart, Global Surfaces ranks #52 out of 397 companies in the Building Materials industry, placing it in the top 13.1%.
Is Global Surfaces' Gross Margin % too high?
Global Surfaces' current Gross Margin % of 47.36% is 13% above median its 10-year median of 41.76. Over the past 10 years, this metric has ranged from a low of 35.28 to a high of 51.28. The Building Materials industry median Gross Margin % is 26.20. Global Surfaces' value of 47.36% is 80.8% above this industry median. Based on the distribution chart, Global Surfaces ranks #52 out of 397 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Global Surfaces has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Global Surfaces' Gross Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Global Surfaces ranks #52 out of 397 companies for Gross Margin %. This places Global Surfaces in the top 13% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.20. Global Surfaces' value of 47.36% is 80.8% above this benchmark. Historically, Global Surfaces' own Gross Margin % has ranged from 35.28 to 51.28 over the past decade. While the company's 10-year median is 41.76 vs. the industry median of 26.20, Global Surfaces has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Building Materials company?
The median Gross Margin % among Building Materials companies is 26.20, based on 397 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Global Surfaces's current Gross Margin % of 47.36% is 80.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Global Surfaces and its competitors. For the Building Materials industry, the median Gross Margin % is 26.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Surfaces's current Gross Margin % is 47.36%, which is 13% above median its own 10-year median of 41.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Surfaces stock overvalued right now?
Based on GuruFocus' analysis, Global Surfaces (NSE:GSLSU) is currently considered Possible Value Trap. The stock's GF Value™ is ₹167.69, compared to a current price of ₹45.72 — trading 72.7% below its estimated fair value. The current Gross Margin % is 47.36%, which is 13% above median its 10-year median of 41.76 and 80.8% above the Building Materials industry median of 26.20. Global Surfaces' overall GF Score™ is 56/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Global Surfaces (NSE:GSLSU), the current Gross Margin % is 47.36% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Global Surfaces (NSE:GSLSU) Overvalued in 2026?

Based on GuruFocus' analysis, Global Surfaces stock appears to be undervalued. The current stock price of ₹45.72 is trading 72.7% below its estimated GF Value™ of ₹167.69. GuruFocus considers Global Surfaces to be Possible Value Trap.

Key valuation signals for NSE:GSLSU:

  • Gross Margin %: 47.36% (13% above median its 10-year median of 41.76)
  • GF Value™: ₹167.69 vs. price of ₹45.72 (72.7% below fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 80.8% above the Building Materials median (#52 of 397)

No single metric tells the full story. See the NSE:GSLSU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global Surfaces Business Description

Other Exchanges 543829:India
Address Plot No. PA-10-006, Engineering and Related Industries SEZ, Mahindra World City Tehsil-Sanganer, Jaipur, RJ, IND, 302037
Global Surfaces Ltd is engaged in engineered quartz and natural stone industry. The Engineered stones (Engineered quartz) comprise of Lampros, Lampros, Prismatic, Kalmasa, etc. The natural stone comprise of Marble, Granite and Quartzite. The Group sells its product majorly from three geographies: United States of America, United Arab Emirates and India.
56GF Score

Get the complete analysis for NSE:GSLSU

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹45.72
Price
₹167.69
GF Value