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Garden Reach Ship share price

Garden Reach Shipbuilders & Engineers Ltd.

NSE: GRSE BSE: 542011 SECTOR: Ship Building  3.72 L   745   133

2793.05
+7.40 (0.27%)
BSE: 28 Nov 04:01 PM

Price Summary

Today's High

₹ 2865

Today's Low

₹ 2778

52 Week High

₹ 3535

52 Week Low

₹ 1180.1

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
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

31994.95 Cr.

Enterprise Value

28263.09 Cr.

No. of Shares

11.46 Cr.

P/E

51.91

P/B

13.94

Face Value

₹ 10

Div. Yield

0.5 %

Book Value (TTM)

₹  200.42

CASH

3731.85 Cr.

DEBT

0 Cr.

Promoter Holding

74.5 %

EPS (TTM)

₹  53.81

Sales Growth

41.28%

ROE

28.11 %

ROCE

37.77%

Profit Growth

47.62 %

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

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Index Presence

The company is present in 26Indices.

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

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

 Group Companies

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Ratios

Sales Growth

1 Year41.28%
3 Year42.49%
5 Year28.78%

Profit Growth

1 Year47.62%
3 Year40.66%
5 Year26.4%

ROE%

1 Year28.11%
3 Year22.78%
5 Year19.65%

ROCE %

1 Year37.77%
3 Year29.29%
5 Year25.89%

Debt/Equity

0

Price to Cash Flow

2052.62

Interest Cover Ratio

45.3425

CFO/PAT (5 Yr. Avg.)

0.630930760440956

Shareholding Pattern

Promoter Pledging %

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

 Strengths

  • The company has shown a good profit growth of 40.6557664344997% for the Past 3 years.
  • The company has shown a good revenue growth of 42.4896112920958% for the Past 3 years.
  • The company has significantly decreased its debt by 55.5848 Cr.
  • Company has been maintaining healthy ROE of 22.7765666666667% over the past 3 years.
  • Company has been maintaining healthy ROCE of 29.2922% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 45.3425.
  • The company has an efficient Cash Conversion Cycle of -463.5007 days.
  • The company has a high promoter holding of 74.5%.

 Limitations

  • Company has contingent liabilities of 7831.1539 Cr.
  • The company is trading at a high EV/EBITDA of 32.3424.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Net Sales 1152.92 1271.01 1642.04 1309.87 1677.38
Total Expenditure 1084.19 1195.72 1421.05 1197.96 1521.22
Operating Profit 68.74 75.29 220.98 111.91 156.16
Other Income 74.91 72.12 113.94 72.55 68.69
Interest 2.41 2.31 1.36 6.09 3.62
Depreciation 10.71 11.34 10.01 11.65 11.87
Exceptional Items 0 0 0 0 0
Profit Before Tax 130.53 133.76 323.55 166.72 209.36
Tax 32.76 35.58 79.3 46.54 55.57
Profit After Tax 97.77 98.19 244.25 120.18 153.79
Adjusted EPS (Rs) 8.54 8.57 21.32 10.49 13.43

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

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 1140.84 1754.45 2561.15 3592.64 5075.69
Total Expenditure 1059.51 1613.3 2408.19 3353.7 4648.88
Operating Profit 81.33 141.15 152.95 238.94 426.8
Other Income 185.72 161.32 201.84 299.62 334.84
Interest 10.1 1.83 10.4 16.32 15.86
Depreciation 29.09 35.71 39.17 41.33 42.49
Exceptional Items -20.75 -7.69 0 0 0
Profit Before Tax 207.12 257.24 305.22 480.92 703.29
Provision for Tax 53.65 67.71 77.09 123.65 175.89
Net Profit 153.47 189.53 228.12 357.27 527.4
Adjusted EPS (Rs.) 13.4 16.55 19.91 31.19 46.04

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 114.55 114.55 114.55 114.55 114.55
Total Reserves 1022.57 1143.34 1299.27 1558.89 1964.71
Borrowings 0 0 0 0 0
Other N/C liabilities 238.21 321.2 223.7 349.12 320.15
Current liabilities 5548.48 6256.32 9240.86 8456.35 8149.25
Total Liabilities 6923.81 7835.41 10878.38 10478.91 10548.66
Assets
Net Block 340.2 500.65 507.61 492.57 515.16
Capital WIP 151.3 9.66 4.84 11.62 21.23
Intangible WIP 0 0 1.2 13.14 6.77
Investments 0 0 0 0 0
Loans & Advances 268.02 365.03 315.95 433.15 395
Other N/C Assets 687.27 1134.16 83.02 82.81 86.36
Current Assets 5477.02 5825.9 9965.75 9445.62 9524.14
Total Assets 6923.81 7835.41 10878.38 10478.91 10548.66
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 207.12 257.24 305.22 480.92 703.29
Adjustment -119.39 -102.84 -140.02 -224.26 -242.54
Changes in Assets & Liabilities 481.19 -442.39 1362.13 -839.9 -269.28
Tax Paid -53.65 -67.71 -77.09 -123.65 -175.89
Operating Cash Flow 515.28 -355.7 1450.23 -706.89 15.59
Investing Cash Flow -1172.73 428.58 -1666.29 1055.7 169.78
Financing Cash Flow -62.45 -72.49 220.33 -357.52 -186.75
Net Cash Flow -719.91 0.39 4.27 -8.72 -1.39

Corporate Actions

Investors Details

PARTICULARS Sep 2024% Dec 2024% Mar 2025% Jun 2025% Sep 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 Sep 2024% Dec 2024% Mar 2025% Jun 2025% Sep 2025%
investors 25.50 25.50 25.50 25.50 25.50
llp 0.06 0.03 0.03 0.06 0.05
hdfc trustee company ltd.... 1.06 1.06 1.07 - -

Annual Reports

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Title Link
Annual Report 2024
Annual Report 2023
Annual Report 2022
Annual Report 2021
Annual Report 2020
Annual Report 2019
Annual Report 2018
Annual Report 2017

Ratings & Research Reports

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Concalls & Presentations

TYPE QUARTER Link
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Concall Q4FY25
Concall Q3FY25
Concall Q3FY24
Concall Q3FY24
Concall Q2FY24
Concall Q1FY25
Concall Q1FY24
TYPE QUARTER Link
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Presentation Q4FY19

Company News

Garden Reach Shipbuilders & Engineers informs about change in senior management 24 Nov, 9:39 AM GRSE reports 57% jump in Q2 net profit 5 Nov, 11:27 AM Garden Reach Ship - Quaterly Results 5 Nov, 12:00 AM Garden Reach Shipbuilders & Engineers informs about compliance certificate 9 Oct, 1:05 PM Garden Reach Shipbuilders signs MoU with Centum Electronics 9 Oct, 10:00 AM Garden Reach Shipbuilders & Engineers informs about memorandum of understandings with strategic partners 20 Sep, 3:31 PM Garden Reach signs contract to construct four Hybrid Multi-Purpose Vessels 20 Sep, 2:25 PM Garden Reach Ship - Quaterly Results 8 Aug, 1:37 PM Garden Reach Ship - Quaterly Results 8 Aug, 1:37 PM Garden Reach Ship - Quaterly Results 8 Aug, 1:37 PM GRSE inks MoU with M/s Reintjes GmbH 1 Aug, 3:41 PM Garden Reach Shipbuilders & Engineers informs about closure of trading window 26 Jun, 2:58 PM GRSE signs contract for construction of two coastal research vessels 11 Jun, 3:45 PM Garden Reach Shipbuilders signs MoU with M/s Berg Propulsion 9 Jun, 11:53 AM GRSE signs MoI, MoUs with global companies 5 Jun, 11:20 AM Garden Reach Shipbuilders & Engineers informs about cessation of director & CFO 31 May, 11:45 AM Garden Reach Shipbuilders & Engineers informs about appointment of director 22 May, 5:20 PM Garden Reach Shipbuilders & Engineers informs about appointment of independent director 22 May, 1:02 PM GRSE becomes lowest bidder for construction of NGC for Indian Navy 22 May, 11:00 AM Garden Reach Shipbuilders & Engineers informs about company updates 15 May, 5:04 PM 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 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 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. 

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 51.9091459856456 which is high and comparatively 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 5.0163% 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 1.1687.

  • 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 28.108%. (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 which means that the company has low proportion of debt in its capital.

  • Sales growth: Garden Reach Ship has reported revenue growth of 41.2801% 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 8.40880931267698%.

  • 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 13.85 and the yield is 0.4966%.

  • 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 53.8094. 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. 

Garden Reach Ship FAQs

Q1. What is Garden Reach Ship share price today?
Ans: The current share price of Garden Reach Ship is Rs 2793.2.

Q2. What is the market capitalisation of Garden Reach Ship?
Ans: Garden Reach Ship has a market capitalisation of Rs 31996.66464 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Garden Reach Ship?
Ans: The PE ratio of Garden Reach Ship is 51.9091459856456 and the P/B ratio of Garden Reach Ship is 13.9369553849777, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Garden Reach Ship share?
Ans: The 52-week high share price of Garden Reach Ship is Rs 3538.4, and the 52-week low share price of Garden Reach Ship is Rs 1184.9.

Q5. Does Garden Reach Ship pay dividends?
Ans: Currently, Garden Reach Ship pays dividends. Dividend yield of Garden Reach Ship is around 0.4966%.

Q6. What are the face value and book value of Garden Reach Ship shares?
Ans: The face value of Garden Reach Ship shares is Rs 10, while the book value per share of Garden Reach Ship is around Rs 200.4168. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Garden Reach Ship?
Ans: Garden Reach Ship has a total debt of Rs 0 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Garden Reach Ship?
Ans: The ROE of Garden Reach Ship is 28.108% and ROCE of Garden Reach Ship is 37.7677%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.

Q9. Is Garden Reach Ship a good buy for the long term?
Ans: The Garden Reach Ship long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.

Q10. Is Garden Reach Ship undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Garden Reach Ship appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

Q11. How to check Garden Reach Ship’s financials?
Ans: You can review Garden Reach Ship’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.

Last Updated on:
Brief about Garden Reach Ship

Garden Reach Shipbuilders & Engineers (GRSE) Share Price Analysis

The Garden Reach Shipbuilders & Engineers (GRSE) share price is driven by its execution capabilities and robust order book from the Ministry of Defence, placing it as a strong performer in the Defence Public Sector Undertaking (PSU) space.

GRSE Share Price Today (NSE: GRSE)

 

The following data for Garden Reach Shipbuilders & Engineers Ltd. (NSE: GRSE) is as of the market close on Tuesday, November 25, 2025.

Metric Value (NSE) Change (from previous close)
Final Share Price ?2,712.00 +0.00% (or +?0.10)
Previous Close ?2,711.90 -
Day's Range (Low-High) ?2,700.00 - ?2,810.00 -
52-Week High ?3,538.40 -
52-Week Low ?1,184.90 -
Market Cap ∼ ?31,022 Crore -

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GRSE Share Price History and Valuation

GRSE has delivered exceptional returns, but its valuation is elevated, reflecting high future growth expectations fueled by defense indigenization.

Metric Value Key Insight
1 Year Return ∼+103.88% Indicates the stock has been a multi-bagger performer over the past year.
5 Year Return ∼+1,313.75% Extraordinary long-term growth, making it one of the best-performing PSUs.
TTM P/E Ratio ∼50.40x The stock trades at a premium valuation, significantly higher than the broader market, though in line with the high P/E of the Defence sector.
ROE / Debt/Equity ∼28.11% / 0.02 Excellent fundamental quality with high return on equity (ROE) and being virtually debt-free.

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 Latest GRSE Share News & Key Drivers (Q2 FY26)

The recent movement in the GRSE share price is supported by robust earnings and strong order pipeline visibility.

  • Strong Q2 FY26 Performance: The company reported impressive results for the quarter ended September 30, 2025:

    • Net Profit After Tax (PAT) surged 57.3% YoY to ?153.79 Crore.

    • Revenue from Operations jumped 45.5% YoY to ?1,677.38 Crore, the highest quarterly revenue in the company's history, driven by accelerated project execution.

  • Dividend Announcement: The Board announced an Interim Dividend of ?5.75 per share for FY26.

  • Massive Order Book: GRSE maintains an order book well over ?20,000 Crore, providing revenue certainty for the next 3-4 years.

  • Future Order Pipeline: The company is strategically positioned for the next phase of Indian Navy orders, notably being the Lowest Bidder (L1) for the anticipated Next Generation Corvette contract, which could significantly expand its order book beyond ∼?40,000 Crore.

  • Analyst View: While fundamentals are strong, analysts generally caution about the premium valuation (∼50x TTM P/E), suggesting that the market has already factored in much of the growth. The average 12-month consensus target price is lower than the current market price, suggesting limited upside potential unless a major new contract is secured or earnings accelerate further.

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