Garden Reach Shipbuilders & Engineers Limited GRSE NIFTY_SMALLNSEDEFENCEINFRAPSU
Company Overview
Garden Reach Shipbuilders & Engineers Limited engages in the design and construction of war ships in India. The company offers frigates, anti-submarine warfare corvette, missile corvette, landing ship tank, landing craft utility, survey vessel, fleet replenishment tanker, fast patrol vessel, offshore patrol vessel, inshore patrol vessel, fast attack craft, anti-submarine warfare shallow water craft, electric ferries, ocean going passenger and cargo ferry vessel, hovercraft, and fast interceptor boat products to the Indian Navy, Indian Coast Guard, and other government. It also provides unmanned surface vessels, autonomous underwater vessels, ship-based drones, and green platforms and naval surface guns. In addition, the company offers portable bridges; and deck machinery equipment, such as anchor capstans and windlass, mooring and dock capstans, general-purpose and ammunition davits, electric boats and electro-hydraulic drive deck machinery products, survey vessels, hydrographic and oceanographic surveys, helicopter traversing systems, and dock capstans and winches. Further, it engages in the assembling, overhauling, and testing of marine diesel engines, as well as provides dry docking and afloat maintenance, refit, and repair services for defense and commercial ships. The company was founded in 1884 and is based in Kolkata, India.
Why Investors Should Care
Generates a return on equity of 28.5%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 36.8%.
Net profit has compounded at 48.6% per year over the last five years.
Revenue has grown at a 40.1% CAGR over the past five years.
Recent Developments
- Mar 2026 Revenue of ₹7,002.16 Cr (+38.0% YoY); net profit ₹747.93 Cr.
- Trailing 12 Months Year-on-year growth — revenue +38.5%, earnings +43.9%.
- 5-Year Trend Long-term compounding — revenue CAGR 40.1%, profit CAGR 48.6%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 40.07% |
| 1 Year: | 38.50% |
Compounded Profit Growth
| 5 Years: | 48.56% |
| 1 Year: | 43.90% |
Stock Price Performance
| 1 Year: | -18.78% |
| 6 Months: | -28.81% |
| 3 Months: | -21.15% |
| 1 Month: | -14.67% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)30.87 · Neutral
P/E of 28.96 is above the sector median of 25.87 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 28.5%.
- Healthy ROCE of 36.8%.
- Compounding revenue at 40.1% over 5 years.
- Profit CAGR of 48.6% over 5 years.
CONS
- Trading 34.4% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | GRSE Garden Reach Shipbuilders & Engineers Limited NIFTY_SMALLNSEDEFENCEINFRAPSU | 2,024.10 | 28.96 | ₹23,186.47 Cr | 0.93% | 36.76% | 28.48% | 40.07% | 48.56% |
| 2 | LT Larsen & Toubro Limited NIFTY50NSEAIINFRA | 3,636.00 | 30.16 | ₹5.00 L Cr | 1.05% | 14.55% | 14.72% | 16.09% | 15.38% |
| 3 | ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA | 1,748.80 | 29.85 | ₹4.03 L Cr | 0.44% | 10.97% | 13.32% | 22.93% | 34.11% |
| 4 | HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU | 4,854.40 | 34.83 | ₹3.25 L Cr | 0.97% | 13.80% | 22.21% | 7.87% | 16.08% |
| 5 | BEL Bharat Electronics Limited NIFTY50NSEAIDEFENCEINFRAPSU | 371.20 | 44.19 | ₹2.71 L Cr | 0.66% | 31.88% | 25.27% | 15.47% | 26.64% |
| 6 | INDIGO InterGlobe Aviation Limited NSEINFRA | 4,641.50 | -37.32 | ₹1.79 L Cr | 0.00% | 4.02% | -34.31% | 15.55% | -227.40% |
| 7 | BHEL Bharat Heavy Electricals Limited NIFTY_MIDNSEAIINFRAPSU | 410.20 | 58.68 | ₹1.43 L Cr | 0.31% | 6.60% | 6.12% | 13.49% | 35.91% |
| 8 | ABB ABB India Limited NSEAIINFRA | 6,559.50 | 89.35 | ₹1.39 L Cr | 0.44% | 28.45% | 19.13% | 15.41% | 17.97% |
| 9 | CGPOWER CG Power and Industrial Solutions Limited NSEINFRA | 821.00 | 103.53 | ₹1.29 L Cr | 0.15% | 19.35% | 15.13% | 21.22% | 7.81% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,152.92 Cr | 1,271.01 Cr | 1,642.04 Cr | 1,309.87 Cr | 1,895.69 Cr | 2,119.21 Cr | 1,814.62 Cr |
| Cost of Revenue | 937.76 Cr | 1,031.05 Cr | 1,236.65 Cr | 984.87 Cr | 1,537.97 Cr | 1,506.01 Cr | 1,453.48 Cr |
| Gross Profit | 215.16 Cr | 239.95 Cr | 405.38 Cr | 324.99 Cr | 357.72 Cr | 613.20 Cr | 361.14 Cr |
| Operating Expenses | 157.13 Cr | 175.72 Cr | 194.69 Cr | 224.74 Cr | 198.16 Cr | 270.88 Cr | 225.41 Cr |
| Operating Income | 58.03 Cr | 64.23 Cr | 210.70 Cr | 100.26 Cr | 159.56 Cr | 342.32 Cr | 135.72 Cr |
| EBITDA | 143.65 Cr | 147.41 Cr | 334.92 Cr | 184.46 Cr | 233.92 Cr | 426.45 Cr | 248.79 Cr |
| Interest Expense | 2.41 Cr | 2.31 Cr | 1.36 Cr | 6.09 Cr | 3.79 Cr | 2.62 Cr | 3.76 Cr |
| Pretax Income | 130.53 Cr | 133.76 Cr | 323.55 Cr | 166.72 Cr | 217.77 Cr | 410.85 Cr | 231.53 Cr |
| Tax Provision | 32.76 Cr | 35.58 Cr | 79.30 Cr | 46.54 Cr | 46.99 Cr | 107.65 Cr | 58.69 Cr |
| Net Income | 97.77 Cr | 98.19 Cr | 244.25 Cr | 120.18 Cr | 170.77 Cr | 303.20 Cr | 172.84 Cr |
| Diluted EPS | 8.54 | 8.57 | 21.32 | 10.49 | 14.91 | 26.47 | 15.09 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 2,547.84 Cr | 3,588.46 Cr | 5,075.69 Cr | 7,002.16 Cr |
| Cost of Revenue | - | 1,930.92 Cr | 2,777.92 Cr | 4,018.96 Cr | 5,242.23 Cr |
| Gross Profit | - | 616.92 Cr | 810.54 Cr | 1,056.73 Cr | 1,759.93 Cr |
| Operating Expenses | - | 490.38 Cr | 599.18 Cr | 677.95 Cr | 1,013.50 Cr |
| Operating Income | - | 126.54 Cr | 211.36 Cr | 378.77 Cr | 746.43 Cr |
| EBITDA | - | 350.86 Cr | 533.74 Cr | 756.10 Cr | 1,069.69 Cr |
| Interest Expense | - | 6.48 Cr | 11.49 Cr | 10.32 Cr | 16.12 Cr |
| Pretax Income | - | 305.22 Cr | 480.92 Cr | 703.29 Cr | 1,004.70 Cr |
| Tax Provision | - | 77.09 Cr | 123.65 Cr | 175.89 Cr | 256.76 Cr |
| Net Income | - | 228.12 Cr | 357.27 Cr | 527.40 Cr | 747.93 Cr |
| Diluted EPS | - | 19.91 | 31.19 | 46.04 | 65.29 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 10,775.93 Cr | 10,251.91 Cr | 10,354.23 Cr | 10,636.10 Cr |
| Current Assets | - | 9,965.83 Cr | 9,445.78 Cr | 9,524.19 Cr | 9,696.60 Cr |
| Cash & Equivalents | - | 13.99 Cr | 5.27 Cr | 3.88 Cr | 17.27 Cr |
| Inventory | - | 2,918.50 Cr | 3,984.44 Cr | 3,552.25 Cr | 3,402.17 Cr |
| Receivables | - | 50.84 Cr | 194.21 Cr | 259.46 Cr | 1,220.87 Cr |
| Total Liabilities | - | 9,362.12 Cr | 8,578.47 Cr | 8,274.97 Cr | 8,009.98 Cr |
| Current Liabilities | - | 9,240.86 Cr | 8,456.35 Cr | 8,149.25 Cr | 7,859.28 Cr |
| Long Term Debt | - | - | - | - | - |
| Total Debt | - | 312.11 Cr | 65.67 Cr | 9.67 Cr | 37.40 Cr |
| Total Equity | - | 1,413.82 Cr | 1,673.44 Cr | 2,079.26 Cr | 2,626.12 Cr |
| Shares Outstanding | - | 11.46 Cr | 11.46 Cr | 11.46 Cr | 11.46 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 1,450.23 Cr | -706.89 Cr | 15.59 Cr | -289.72 Cr |
| Investing Cash Flow | - | -1,666.29 Cr | 1,055.70 Cr | 169.78 Cr | 526.57 Cr |
| Financing Cash Flow | - | 220.33 Cr | -357.52 Cr | -186.75 Cr | -223.46 Cr |
| Capital Expenditure | - | -42.26 Cr | -48.07 Cr | -67.06 Cr | -76.90 Cr |
| Free Cash Flow | - | 1,407.97 Cr | -754.96 Cr | -51.47 Cr | -366.62 Cr |
| Net Change in Cash | - | 4.27 Cr | -8.72 Cr | -1.39 Cr | 13.38 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 24.2% | 22.6% | 20.8% | 25.1% |
| Operating Margin % | - | 5.0% | 5.9% | 7.5% | 10.7% |
| Net Margin % | - | 9.0% | 10.0% | 10.4% | 10.7% |
| ROE % | - | 16.1% | 21.3% | 25.4% | 28.5% |
| ROCE % | - | 8.2% | 11.8% | 17.2% | 26.9% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
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GRSE — Frequently Asked Questions
What is the current share price of Garden Reach Shipbuilders & Engineers Limited (GRSE)?
As of 2026-10-23 04:58 IST, Garden Reach Shipbuilders & Engineers Limited (GRSE) trades at ₹2,024.10 on NSE. Its 52-week range is ₹1,967.15 to ₹3,084.94.
What is the market capitalisation of GRSE?
Garden Reach Shipbuilders & Engineers Limited (GRSE) has a market capitalisation of ₹23,186.47 Cr on NSE.
What is the P/E ratio of GRSE?
GRSE trades at a trailing price-to-earnings (P/E) ratio of 28.96. The industry average P/E is 25.87. Its price-to-book (P/B) ratio is 8.92.
Does GRSE pay a dividend?
Garden Reach Shipbuilders & Engineers Limited (GRSE) currently offers a dividend yield of 0.93%.
What is the return on equity (ROE) of GRSE?
GRSE has a return on equity (ROE) of 28.48%. Its return on capital employed (ROCE) is 36.76%.
Is GRSE a good stock to buy?
This page provides a data-driven analysis of Garden Reach Shipbuilders & Engineers Limited (GRSE), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.