Garden Reach Shipbuilders & Engineers Ltd.

NSE: GRSE BSE: 542011 SECTOR: Ship Building  43k   274   46

431.75
+30.70 (7.65%)
NSE: 29 Mar 4:00 PM

Price Summary

Today's High

₹ 439.55

Today's Low

₹ 398.9

52 Week High

₹ 556.8

52 Week Low

₹ 207.7

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

4945.78 Cr.

Enterprise Value

2388.04 Cr.

No. of Shares

11.46 Cr.

P/E

22.48

P/B

3.47

Face Value

₹ 10

Div. Yield

1.34 %

Book Value (TTM)

₹  124.34

CASH

2557.74 Cr.

DEBT

0 Cr.

Promoter Holding

74.5 %

EPS (TTM)

₹  19.21

Sales Growth

54.05%

ROE

15.83 %

ROCE

21.58%

Profit Growth

23.49 %

* 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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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

Track the companies of Group.

Ratios

Sales Growth

1 Year54.05%
3 Year8.23%
5 Year13.78%

Profit Growth

1 Year23.49%
3 Year19.91%
5 Year75.25%

ROE%

1 Year15.83%
3 Year15.22%
5 Year13.02%

ROCE %

1 Year21.58%
3 Year21.12%
5 Year18.79%

Debt/Equity

0

Price to Cash Flow

-13.89

Interest Cover Ratio

221.694577899794

CFO/PAT (5 Yr. Avg.)

0.848325672735891

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2022 74.5 0
Sep 2022 74.5 0
Jun 2022 74.5 0
Mar 2022 74.5 0
Dec 2021 74.5 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 19.9057502804196% for the Past 3 years.
  • Company has been maintaining healthy ROCE of 21.1162769296132% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 221.694577899794.
  • Company’s PEG ratio is 0.956802826283283.
  • The company has an efficient Cash Conversion Cycle of -989.446716649176 days.
  • The company has a high promoter holding of 74.5%.

 Limitations

  • The company has shown a poor revenue growth of 8.22671280400951% for the Past 3 years.
  • Company has contingent liabilities of 4646.0866 Cr.
  • Company has negative cash flow from operations of -356.1123.
  • The company has a low EBITDA margin of 3.94689853762758% over the past 5 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
Net Sales 486.88 544.61 579.77 682.01 699.15
Total Expenditure 435.31 511.97 546.3 633.76 652.29
Operating Profit 51.57 32.64 33.47 48.26 46.86
Other Income 43.98 40.39 40.85 40.82 50.24
Interest -0.26 0.19 0.61 0.56 1.27
Depreciation 9.86 9.65 9.47 9.75 9.92
Exceptional Items 0 0 0 0 0
Profit Before Tax 85.95 63.19 64.24 78.77 85.9
Tax 23.01 15.99 14.07 20.05 21.98
Profit After Tax 62.95 47.2 50.18 58.73 63.92
Adjusted EPS (Rs) 5.49 4.12 4.38 5.13 5.58

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

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 1347.76 1386.42 1433.3 1140.84 1757.51
Total Expenditure 1366.52 1344.3 1391.35 1059.51 1616.36
Operating Profit -18.76 42.12 41.94 81.33 141.15
Other Income 183.15 171.24 225.5 185.72 160.65
Interest 7.69 5.11 2.88 10.1 1.17
Depreciation 28.96 27.08 30.09 29.09 35.71
Exceptional Items 0 -2.2 -10.61 -20.75 -7.69
Profit Before Tax 127.75 178.96 223.87 207.12 257.24
Provision for Tax 35.35 69.02 60.39 53.65 67.71
Net Profit 92.4 109.94 163.48 153.47 189.53
Adjusted EPS (Rs.) 8.07 9.6 14.27 13.4 16.55

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 114.55 114.55 114.55 114.55 114.55
Total Reserves 906.98 923.76 925.68 1022.57 1143.34
Borrowings 0 0 0 0 0
Other N/C liabilities 80.12 83.17 274.63 238.21 321.2
Current liabilities 3217.35 3068.45 4247.02 5548.48 6259.92
Total Liabilities 4319.01 4189.93 5561.88 6923.81 7839.01
Assets
Net Block 389.17 302.25 303.69 340.2 500.65
Capital WIP 16.03 34.19 51.52 151.3 9.66
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 101.27 107.68 330.22 268.02 365.03
Other N/C Assets 1302.57 174.36 68.79 686.83 1133.71
Current Assets 2509.96 3571.44 4807.67 5477.46 5829.96
Total Assets 4319.01 4189.93 5561.88 6923.81 7839.01
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 127.75 178.96 223.87 207.12 257.24
Adjustment -139.12 -137.76 -182.5 -119.39 -103.5
Changes in Assets & Liabilities -99.54 -278.79 461.89 481.19 -442.14
Tax Paid 36.9 125.91 124.58 -53.65 -67.71
Operating Cash Flow -74.02 -111.67 627.84 515.28 -356.11
Investing Cash Flow 267.37 197.81 244.95 -1172.73 428.33
Financing Cash Flow -193.31 -88.75 -152.83 -62.45 -71.82
Net Cash Flow 0.04 -2.62 719.95 -719.91 0.39

Corporate Actions

Investors Details

PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Promoters 74.50 74.50 74.50 74.50 74.50
the president of i... 74.50 74.50 74.50 74.50 74.50
PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Investors 25.50 25.50 25.50 25.50 25.50
hdfc trustee compa... - - - - -
hdfc trustee compa... 8.51 8.51 7.52 6.77 6.42
life insurance cor... - - - - -
nippon life india ... - - - - -
nippon life india ... 2.25 1.76 1.41 1.06 -
ramesh damani 1.09 1.09 1.09 1.09 1.09

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ4FY19 9 Jan 2020

Company News

Garden Reach Shipbuilders & Engineers informs about audio of analysts meet23 Feb 2023, 9:56AM Garden Reach Shipbuilders & Engineers enters into nine MoUs during Aero India 202316 Feb 2023, 11:12AM Garden Reach Shipbuilders & Engineers informs about MoU15 Feb 2023, 5:23PM Garden Reach Ship - Quaterly Results10 Feb 2023, 6:19PM Garden Reach Ship - Quaterly Results10 Feb 2023, 6:19PM Garden Reach Shipbuilders signs MoU with Rolls Royce Solutions of Germany28 Jan 2023, 3:41PM Garden Reach Shipbuilders launches anti-submarine warfare shallow water craft21 Dec 2022, 4:44PM Garden Reach Shipbuilders & Engineers informs about transcript of investors call 22 Nov 2022, 5:13PM Garden Reach Shipbuilders & Engineers informs about audio recordings of investor meet 16 Nov 2022, 9:41AM Garden Reach Ship - Quaterly Results10 Nov 2022, 5:11PM Garden Reach Ship - Quaterly Results10 Nov 2022, 5:11PM Garden Reach Shipbuilders & Engineers informs about analyst meet10 Nov 2022, 10:22AM Garden Reach Shipbuilders & Engineers informs about AGM1 Sep 2022, 9:44AM Garden Reach Ship - Quaterly Results11 Aug 2022, 4:08PM Garden Reach Ship - Quaterly Results11 Aug 2022, 4:08PM Garden Reach Ship - Quaterly Results11 Aug 2022, 4:08PM Garden Reach Shipbuilders & Engineers informs about result of postal ballot 25 Jun 2022, 2:56PM GRSE launches ocean going passenger and cargo ferry vessel for Cooperative Republic of Guyana16 Jun 2022, 12:55PM Garden Reach Shipbuilders & Engineers informs about conference call6 Jun 2022, 2:57PM Garden Reach Shipbuilders & Engineers informs about resignation of director2 Jun 2022, 2:26PM Garden Reach Shipbuilders & Engineers informs about audited financial results25 May 2022, 2:19PM Garden Reach Ship - Quaterly Results25 May 2022, 12:34PM Garden Reach Ship - Quaterly Results25 May 2022, 12:34PM Garden Reach Ship - Quaterly Results25 May 2022, 12:34PM Garden Reach Shipbuilders & Engineers informs about annual secretarial compliance report18 May 2022, 3:19PM Garden Reach Shipbuilders & Engineers informs about update on board meeting17 May 2022, 1:48PM Garden Reach Shipbuilders & Engineers informs about board meeting intimation5 May 2022, 2:55PM Garden Reach Shipbuilders & Engineers informs about disclosure7 Apr 2022, 4:55PM Garden Reach Shipbuilders & Engineers records 53% growth in turnover in FY224 Apr 2022, 11:29AM Garden Reach Shipbuilders & Engineers informs about press release2 Apr 2022, 3:41PM Garden Reach Shipbuilders & Engineers informs about closure of trading window31 Mar 2022, 12:18PM Garden Reach Shipbuilders bags two awards at ICC PSE Excellence Awards 202128 Feb 2022, 11:28AM Garden Reach Ship - Quaterly Results11 Feb 2022, 5:25PM Garden Reach Ship - Quaterly Results11 Feb 2022, 5:25PM Garden Reach Shipbuilders & Engineers informs about conference call9 Feb 2022, 2:25PM Garden Reach Shipbuilders & Engineers informs about superannuation of director1 Jan 2022, 11:34AM Garden Reach Shipbuilders & Engineers informs about change in directorate28 Dec 2021, 10:58AM Garden Reach Shipbuilders & Engineers informs about change in directorate28 Dec 2021, 10:49AM Garden Reach Shipbuilders & Engineers informs about related party transactions17 Nov 2021, 12:41PM Garden Reach Ship - Quaterly Results13 Nov 2021, 1:27PM Garden Reach Shipbuilders & Engineers informs about clarification 6 Nov 2021, 12:13PM Garden Reach Shipbuilders signs concessional agreement with Syama Prasad Mookerjee Port7 Oct 2021, 4:39PM Garden Reach Shipbuilders & Engineers informs about compliance certificate6 Oct 2021, 3:50PM Garden Reach Shipbuilders & Engineers submits disclosure 11 Sep 2021, 12:00PM Garden Reach Shipbuilders & Engineers informs about cessation of non-official director 16 Aug 2021, 11:33AM Garden Reach Shipbuilders & Engineers informs about board meeting19 Jul 2021, 3:41PM Garden Reach Shipbuilders and Engineers commissions new 250 tonne Goliath Crane23 Jun 2021, 2:10PM Garden Reach Shipbuilders & Engineers inks pact with GE Power Conversion17 Feb 2021, 1:10PM Garden Reach Shipbuilders & Engineers informs about interim dividend9 Feb 2021, 4:44PM Garden Reach Shipbuilders signs contract for supply of one Fast Patrol Vessel21 Jan 2021, 12:15PM

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 find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. 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 22.6659794243825 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 2.5676227198035 % 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 0.931315571398847 .

  • 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 15.8268178026773 % .(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 D/E ratio of 0 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Garden Reach Ship has an Inventory turnover ratio of 1.79325094986717 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Garden Reach Ship has reported revenue growth of 54.0549893573595 % 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 8.03116925916424 %.

  • 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 5.8 and the yield is 1.3432 %.

Brief about Garden Reach Ship

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