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Garden Reach Ship share price

Garden Reach Shipbuilders & Engineers Ltd.

NSE: GRSE BSE: 542011 SECTOR: Ship Building  318k   661   125

2226.60
+38.60 (1.76%)
NSE: Today, 10:54 AM

Price Summary

Today's High

₹ 2244

Today's Low

₹ 2146.8

52 Week High

₹ 2833.8

52 Week Low

₹ 973

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

25506.15 Cr.

Enterprise Value

21841.39 Cr.

No. of Shares

11.46 Cr.

P/E

48.36

P/B

12.27

Face Value

₹ 10

Div. Yield

0.63 %

Book Value (TTM)

₹  181.51

CASH

3720.34 Cr.

DEBT

55.58 Cr.

Promoter Holding

74.5 %

EPS (TTM)

₹  46.04

Sales Growth

40.27%

ROE

23.14 %

ROCE

28.88%

Profit Growth

56.61 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Index Presence

The company is present in 22 Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year40.27%
3 Year46.58%
5 Year20.98%

Profit Growth

1 Year56.61%
3 Year32.53%
5 Year26.58%

ROE%

1 Year23.14%
3 Year18.68%
5 Year17.18%

ROCE %

1 Year28.88%
3 Year23.91%
5 Year22.7%

Debt/Equity

0.0332

Price to Cash Flow

-36.08

Interest Cover Ratio

30.4749

CFO/PAT (5 Yr. Avg.)

1.40195457084049

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2025 74.50 0.00
Dec 2024 74.50 0.00
Sep 2024 74.50 0.00
Jun 2024 74.50 0.00
Mar 2024 74.50 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 32.5324689125029% for the Past 3 years.
  • The company has shown a good revenue growth of 46.5757130026288% for the Past 3 years.
  • The company has significantly decreased its debt by 245.587 Cr.
  • Company has been maintaining healthy ROCE of 23.9144072282714% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 30.4749.
  • Company’s PEG ratio is 0.854270106991851.
  • The company has an efficient Cash Conversion Cycle of -420.7227 days.
  • The company has a high promoter holding of 74.5%.

 Limitations

  • Company has contingent liabilities of 6508.01 Cr.
  • Company has negative cash flow from operations of -706.8934.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
Net Sales 1015.73 1009.72 1152.92 1271.01 1642.04
Total Expenditure 925.17 953.47 1084.19 1195.72 1421.05
Operating Profit 90.56 56.26 68.74 75.29 220.98
Other Income 75.92 73.87 74.91 72.12 113.94
Interest 3.26 4.24 2.41 2.31 1.36
Depreciation 10.41 10.44 10.71 11.34 10.01
Exceptional Items 0 0 0 0 0
Profit Before Tax 152.82 115.44 130.53 133.76 323.55
Tax 41.22 28.25 32.76 35.58 79.3
Profit After Tax 111.6 87.2 97.77 98.19 244.25
Adjusted EPS (Rs) 9.74 7.61 8.54 8.57 21.32

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 1433.3 1140.84 1754.45 2561.15 3592.64
Total Expenditure 1391.35 1059.51 1613.3 2408.19 3353.7
Operating Profit 41.94 81.33 141.15 152.95 238.94
Other Income 225.5 185.72 161.32 201.84 299.62
Interest 2.88 10.1 1.83 10.4 16.32
Depreciation 30.09 29.09 35.71 39.17 41.33
Exceptional Items -10.61 -20.75 -7.69 0 0
Profit Before Tax 223.87 207.12 257.24 305.22 480.92
Provision for Tax 60.39 53.65 67.71 77.09 123.65
Net Profit 163.48 153.47 189.53 228.12 357.27
Adjusted EPS (Rs.) 14.27 13.4 16.55 19.91 31.19

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 114.55 114.55 114.55 114.55 114.55
Total Reserves 925.68 1022.57 1143.34 1299.27 1558.89
Borrowings 0 0 0 0 0
Other N/C liabilities 274.63 238.21 321.2 223.7 349.12
Current liabilities 4247.02 5548.48 6256.32 9240.86 8456.35
Total Liabilities 5561.88 6923.81 7835.41 10878.38 10478.91
Assets
Net Block 303.69 340.2 500.65 507.61 492.57
Capital WIP 51.52 151.3 9.66 4.84 11.62
Intangible WIP 0 0 0 1.2 13.14
Investments 0 0 0 0 0
Loans & Advances 330.22 268.02 365.03 315.95 433.15
Other N/C Assets 69.32 687.27 1134.16 83.02 82.81
Current Assets 4807.14 5477.02 5825.9 9965.75 9445.62
Total Assets 5561.88 6923.81 7835.41 10878.38 10478.91
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 223.87 207.12 257.24 305.22 480.92
Adjustment -182.5 -119.39 -102.84 -140.02 -224.26
Changes in Assets & Liabilities 461.89 481.19 -442.39 1362.13 -839.9
Tax Paid 124.58 -53.65 -67.71 -77.09 -123.65
Operating Cash Flow 627.84 515.28 -355.7 1450.23 -706.89
Investing Cash Flow 244.95 -1172.73 428.58 -1666.29 1055.7
Financing Cash Flow -152.83 -62.45 -72.49 220.33 -357.52
Net Cash Flow 719.95 -719.91 0.39 4.27 -8.72

Corporate Actions

Investors Details

PARTICULARS Mar 2024% Jun 2024% Sep 2024% Dec 2024% Mar 2025%
promoters 74.50 74.50 74.50 74.50 74.50
the president of india 74.50 74.50 74.50 74.50 74.50
PARTICULARS Mar 2024% Jun 2024% Sep 2024% Dec 2024% Mar 2025%
investors 25.50 25.50 25.50 25.50 25.50
hdfc trustee company ltd.... 4.91 1.97 1.06 1.06 1.07
llp - - 0.06 0.03 0.03
ramesh damani 1.09 1.09 - - -

Ratings & Research Reports

Company Presentations

Company News

Garden Reach Shipbuilders & Engineers reports over 2-fold jump in Q4 net profit 14 May, 2:43 PM Garden Reach Ship - Quaterly Results 13 May, 6:11 PM Garden Reach Ship - Quaterly Results 13 May, 6:11 PM Garden Reach Shipbuilders & Engineers informs about receipt of letter of award 9 Apr, 12:29 PM GRSE bags LoA worth Rs 489.98 crore from Geological Survey of India 9 Apr, 12:12 PM GRSE inks pact with SWAN Defence to boost indigenous commercial shipbuilding capabilities 8 Apr, 3:30 PM GRSE inks pact for construction and delivery of vessel 25 Mar, 11:18 AM Garden Reach Shipbuilders & Engineers informs about press release 20 Mar, 11:17 AM GRSE signs MoU with PWD Nagaland 20 Mar, 10:51 AM Garden Reach Shipbuilders & Engineers informs about transcript of analyst meet 20 Feb, 5:28 PM Garden Reach Shipbuilders & Engineers informs about award of order 20 Feb, 5:14 PM Garden Reach Shipbuilders signs contract with Government of India 20 Feb, 2:07 PM Garden Reach Ship - Quaterly Results 3 Feb, 5:39 PM Garden Reach Ship - Quaterly Results 3 Feb, 5:39 PM Garden Reach Ship - Quaterly Results 3 Feb, 5:39 PM Garden Reach Shipbuilders inks MoU with Apollo Micro Systems 30 Jan, 11:07 AM Garden Reach Shipbuilders & Engineers informs about compliance certificate 16 Jan, 11:19 AM Garden Reach Shipbuilders & Engineers informs about cessation of non-official director 27 Dec, 10:23 AM GRSE signs contract for construction, delivery of second Multi-Purpose Vessel 5 Dec, 4:49 PM Garden Reach Shipbuilders & Engineers informs about conference call 21 Nov, 1:42 PM GRSE signs contract with Government of West Bengal for delivery of 13 Hybrid Ferries 19 Nov, 5:41 PM Garden Reach Ship - Quaterly Results 13 Nov, 5:28 PM Garden Reach Ship - Quaterly Results 13 Nov, 5:28 PM Garden Reach Shipbuilders & Engineers informs about change in senior management 31 Oct, 4:49 PM GRSE signs contract with Naval Physical and Oceanographic Laboratory 30 Oct, 9:20 AM Garden Reach Shipbuilders secures letters of Intent worth Rs 491 crore 19 Oct, 10:31 AM Garden Reach Shipbuilders & Engineers informs about compliance certificate 9 Oct, 2:24 PM Garden Reach Shipbuilders gets contracts worth Rs 226.18 crore 4 Oct, 2:57 PM GRSE signs contract for construction and delivery of 5th Multi-purpose Export Vessels 4 Oct, 9:30 AM Garden Reach Shipbuilders & Engineers informs about closure of trading window 26 Sep, 12:56 PM GRSE bags order for additional 4 multi-purpose vessels from German Firm 19 Sep, 12:47 PM Garden Reach Shipbuilders signs MoU with NHIDCL 30 Aug, 11:30 AM Garden Reach Shipbuilders & Engineers informs about press release 9 Aug, 2:37 PM Garden Reach Ship - Quaterly Results 9 Aug, 10:57 AM Garden Reach Ship - Quaterly Results 9 Aug, 10:57 AM Garden Reach Ship - Quaterly Results 9 Aug, 10:57 AM Garden Reach Shipbuilders & Engineers informs about re-appointment of RTA 8 Aug, 5:26 PM Garden Reach Shipbuilders inks MoU with Medha Servo Drives 31 Jul, 9:58 AM Garden Reach Shipbuilders enters into non-binding MoU with M/s Merlinhawk Aerospace 22 Jul, 1:54 PM Garden Reach Shipbuilders & Engineers informs about disclosure 22 Jul, 12:46 PM GRSE signs contract with NCPOR 16 Jul, 3:49 PM Garden Reach Shipbuilders & Engineers informs about receipt of order 1 Jul, 10:48 AM GRSE signs agreement for construction of advanced Ocean-Going Tug 1 Jul, 9:22 AM GRSE bags export order worth $54 million 22 Jun, 3:55 PM Garden Reach Shipbuilders & Engineers informs about press release 7 Jun, 10:41 AM Garden Reach Shipbuilders becomes L1 for construction of research vessel for DRDO 7 Jun, 9:53 AM Garden Reach Shipbuilders & Engineers informs about disclosure 27 May, 5:06 PM Garden Reach Ship - Quaterly Results 22 May, 5:56 PM Garden Reach Ship - Quaterly Results 22 May, 5:56 PM Garden Reach Shipbuilders & Engineers informs about compliance certificate 10 Apr, 1:18 PM

Garden Reach Ship Stock Price Analysis and Quick Research Report. Is Garden Reach Ship an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Garden Reach Ship stock price today is Rs 2162. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Garden Reach Ship . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Garden Reach Ship has a PE ratio of 46.958655965943 which is high and comparatively overvalued .

  • Share Price: - The current share price of Garden Reach Ship is Rs 2162. One can use valuation calculators of ticker to know if Garden Reach Ship share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Garden Reach Ship has ROA of 3.3456 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Garden Reach Ship has a Current ratio of 1.117 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Garden Reach Ship has a ROE of 23.1447 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Garden Reach Ship has a Debt to Equity ratio of 0.0332 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Garden Reach Ship has reported revenue growth of 40.2748 % which is fair in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Garden Reach Ship for the current financial year is 6.6508680811335 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Garden Reach Ship is Rs 9.36 and the yield is 0.6324 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Garden Reach Ship is Rs 46.0405 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Garden Reach Ship in Ticker for free. Also, one can get the intrinsic value of Garden Reach Ship by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Garden Reach Ship

Current GRSE Share Price

As of 09 May 2025, 15:30:03 IST, the Garden Reach Shipbuilders & Engineers Ltd (GRSE) Share Price on the NSE was Rs 1802.00. The GRSE Stock Price Today marked an increase of 1.42% compared to its opening price for the day. GRSE, a prominent public sector defence undertaking specializing in shipbuilding, trades under the symbol GRSE on both the NSE (GRSE NSE) and BSE (GRSE BSE). For the most current, regularly updated Garden Reach Shipbuilders & Engineers share price, please refer to the live ticker section located above on this page. That section provides a real-time GRSE share price summary, including the day's high/low and the 52-week high/low.

GRSE Share Returns Performance

The historical returns for Garden Reach Shipbuilders & Engineers Ltd. (GRSE) as of May 9, 2025, are as follows:

  • 1 Week: -4.40%
  • 1 Month: +19.80%
  • 3 Months: +20.30%
  • 1 Year: +100.60%
  • 5 Years: +1223.30%

(Returns data based on MoneyWorks4me, as of May 6, 2025, and general market observations up to May 9, 2025)

An analysis of GRSE Returns indicates some recent profit-booking or consolidation in the past week. However, the stock has delivered strong positive returns over the 1-month and 3-month periods. The 1-year performance for the Garden Reach Shipbuilders share has been exceptional, more than doubling in value. The Garden Reach share price history over a 5-year period showcases outstanding multibagger returns, underscoring significant long-term growth and investor confidence. As detailed in the interactive charts and data section above on this webpage, you can explore the share price chart and analyse its returns generated over various specific time frames.

Latest News Impacting GRSE Share Price

Several key recent developments and market factors have been influencing the GRSE Share Price:

  1. Q4 FY25 Results Awaited & Q3 FY25 Performance:

    • The financial results for the fourth quarter ended March 31, 2025 (Q4 FY25) are keenly awaited by investors. According to Yahoo Finance, the earnings are expected between May 20 - May 24, 2025.
    • For Q3 FY25 (quarter ending December 31, 2024), GRSE reported a net profit of Rs 98.19 crore, with revenue from operations at Rs 1271.01 crore (based on INDmoney data which refers to this as Q4'24 meaning the 4th quarter of calendar year 2024). INDmoney also reported a net profit of Rs 97.77 crore for Q3 2024-25 (likely referring to the quarter ending December 2024). Revenue for Q3 FY25 was also reported as Rs 1,343.12 crore and PAT as Rs 98.19 crore by The Economic Times. The company had shown a year-on-year growth in profit for that quarter.
       
  2. New Orders and Business Development:

    • In April 2025, GRSE secured a significant order worth approximately Rs 490 crore from the Geological Survey of India for the design and construction of two coastal research vessels, to be delivered in 26 months.
    • Also in April 2025, GRSE signed an MoU with SWAN Defence and Heavy Industries Ltd to collaborate on a non-exclusive basis for the construction of commercial vessels and to leverage each other's strengths in infrastructure and design capabilities.
    • In March 2025, GRSE signed a contract with Germany-based Carsten Rehder for the construction and delivery of the 7th and 8th multi-purpose vessels (MPVs) of 7,500 DWT each, as part of an option agreement for four additional MPVs. This took the total order for these MPVs to eight.
    • GRSE also signed an MoU with PWD Nagaland in March 2025 for the supply of modular steel bridges.
    • In January 2025, GRSE signed an MoU with Apollo Micro Systems for the joint development and supply of Advanced Weapons and Electronic Systems.
       
  3. Dividend Announcements:

    • GRSE declared an interim dividend of Rs 8.95 per equity share for the financial year 2024-25, with the ex-dividend date being February 7, 2025.
       
  4. Defence Sector Tailwinds:

    • Defence sector stocks, including GRSE, have seen increased investor interest due to the government's continued focus on 'Make in India' and indigenization in defence procurement.
    • Geopolitical tensions can also lead to heightened focus on defence preparedness, positively impacting the sentiment for defence PSU stocks. Recent reports in late April and early May 2025 indicated defence stocks rallying amidst India-Pakistan border tensions and expectations of increased defence spending.

These Garden Reach share news items, especially new order wins and positive sectoral outlook, are key drivers for the stock.

Conclusion on GRSE Stock Price

The GRSE Stock Price has demonstrated remarkable growth over the past year and exceptionally strong performance over the last five years, reflecting the company's robust order book and the positive sentiment surrounding the Indian defence manufacturing sector. Recent news flow regarding new orders both domestic and international, along with strategic MoUs, further strengthens its growth visibility. While the Garden Reach Shipbuilders & Engineers share price has experienced some short-term consolidation, the underlying fundamentals, driven by government initiatives and a healthy order pipeline, suggest a positive outlook. The upcoming Q4 FY25 results will be a key event for investors to watch. The GRSE stock analysis indicates a company well-positioned to benefit from the long-term growth in India's defence and shipbuilding industry.

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