Garden Reach Shipbuilders & Engineers Ltd

Garden Reach Shipbuilders& Engineers will hold a meeting of the Board of Directors of the Company on 4 November 2025.Powered by Capital Market - Live

Garden Reach Shipbuilders & Engineers has entered into a Memorandum of Understanding (MoU) with Centum Electronics, a Bengaluru based Company on 08 October 2025. This MoU establishes a collaborative framework between GRSE & Centum Electronics which aimed at the joint research and development (R&D) of Advanced Naval Navigation Systems. This partnership shall focus on leveraging and enhancing manufacturing infrastructure for components and sub-assemblies of these systems including Onboard Installation, Integration, Setting to Work and Trials, and shall also provide services for the modernization and upgrade of existing Systems. Powered by Capital Market - Live

This partnership will focus on leveraging and enhancing manufacturing infrastructure for components and sub-assemblies of these systems, including onboard installation, integration, commissioning, and trials. It will also provide services for the modernization and upgrade of existing systems. The company stated that this collaboration marks an important milestone in GRSE's ongoing efforts to expand its technological capabilities and support the Government of India's 'Aatmanirbhar Bharat' initiative by promoting indigenous R&D and manufacturing in advanced defence systems. Garden Reach Shipbuilders & Engineers is a premier shipbuilding company in India under the administrative control of the Ministry of Defence, primarily catering to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard. As of 31 March 2025, the Government of India holds 74.50% in the company. The company's net profit jumped 37.84% to Rs 120.18 crore on a 29.73% increase in revenue to Rs 1,309.87 crore in Q1 FY26 over Q1 FY25. The scrip shed 0.79% to end at Rs 2,690 on the BSE. Powered by Capital Market - Live

Garden Reach Shipbuilders & Engineers has signed the following Memorandum of Understandings (MoUs) with strategic partners in the shipbuilding, port, and infrastructure sectors: a) Deendayal Port Authority, Kandla b) Syama Prasad Mookerjee Port Authority, Kolkata c) Indian Port Rail & Ropeway Corporation d) The Shipping Corporation of India e) Modest Infrastructure Cmde PR Hari, IN (Retd.), Chairman & Managing Director, GRSE, said, 'We at GRSE are proud to be a part of this historic programme launched by Hon'ble Prime Minister Shri Narendra Modi to revitalise India's shipbuilding sector and realise the ambition of positioning India among the world's top five shipbuilding nations by 2047. Against this backdrop, GRSE's MoUs reinforce its role as a key contributor to India's shipbuilding resurgence and maritime self-reliance. The MoUs signed today represent a concrete step towards creating an ecosystem where shipyards, ports, operators, and infrastructure partners work in unison. With our legacy of delivering world-class warships and our growing foray into commercial shipbuilding, GRSE is fully committed to supporting the Aatmanirbhar Bharat and Maritime Amritkal vision. Together with our partners, we aim to build sustainable, green, and globally competitive solutions that will shape the future of Indian shipbuilding.' These MoUs create a structured framework for GRSE and its partners to explore and jointly develop projects across multiple domains, newbuild construction (including green / low emission vessels), ship repair, construction of green tugs as per GTTP specifications, development and maintenance of port infrastructure, jetty and berth development, multimodal logistics and last-mile connectivity, and related civil, rail and ropeway infrastructure for ports and terminals.Powered by Capital Market - Live

The total value of this contract is Rs $62.44 million. This agreement represents an extension of the successful partnership between GRSE and Carsten Rehder, following the ongoing 7,500 DWT multi-purpose vessel (MPV) project currently under execution in Kolkata. GRSE has ventured into construction of these four hybrid propulsion MPVs with a provision of additional two vessels of hybrid propulsion type. This milestone underscores the shipyard's expanding global footprint in commercial & green shipbuilding. These MPVs will be 120 metres long and 17 metres wide, with a maximum draft of 6.75 metres. The vessels are designed to carry 7,500 metric tonnes of cargo in a single large cargo hold, capable of accommodating bulk, general, and project cargoes. Containers can also be carried on hatch covers. Garden Reach Shipbuilders & Engineers is a premier shipbuilding company in India under the administrative control of the Ministry of Defence, primarily catering to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard. As of 31 March 2025, the Government of India holds 74.50% in the company. The company's net profit jumped 37.84% to Rs 120.18 crore on a 29.73% increase in revenue to Rs 1,309.87 crore in Q1 FY26 over Q1 FY25. The scrip shed 0.86% to currently trade at Rs 2604.10 on the BSE. Powered by Capital Market - Live

Garden Reach Shipbuilders & Engineers signed a contract on 19 September 2025, with Germany's Carsten Rehder Schiffsmakler und Reederei GmbH & Co. KG in Hamburg, Germany, for the for the construction of four Hybrid Multi-Purpose Vessels (MPVs) at a total value of USD 62.44 million. This agreement represents a natural extension of the successful partnership between GRSE and Carsten Rehder, following the ongoing 7,500 DWT Multi-Purpose Vessel (MPV) project currently under execution in Kolkata. GRSE has ventured into construction of these four (04) Hybrid Propulsion MPVs with a provision of additional two (02) vessels of Hybrid propulsion type. This milestone underscores the shipyard's expanding global footprint in commercial & green shipbuilding. The newly contracted Hybrid MPVs will incorporate state-of-the-art battery-assisted hybrid propulsion systems, enhanced fuel efficiency, and flexible cargo handling capabilities, making them well-aligned with International Maritime Organization (IMO) decarbonization goals. These MPVs will be 120 metres long and 17 metres wide, with a maximum draft of 6.75 metres. The vessels are designed to carry 7,500 metric tonnes of cargo in a single large cargo hold, capable of accommodating bulk, general, and project cargoes. Containers can also be carried on hatch covers. A unique design feature of these ships is their ability to transport multiple large windmill blades on deck, catering specifically to the growing renewable energy logistics sector.Powered by Capital Market - Live

Garden Reach Shipbuilders& Engineers announced that the Annual General Meeting(AGM) of the company will be held on 19 September 2025.Powered by Capital Market - Live

Net profit of Garden Reach Shipbuilders & Engineers rose 37.84% to Rs 120.18 crore in the quarter ended June 2025 as against Rs 87.19 crore during the previous quarter ended June 2024. Sales rose 29.73% to Rs 1309.87 crore in the quarter ended June 2025 as against Rs 1009.72 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales1309.871009.72 30 OPM %8.545.57 - PBDT178.37125.88 42 PBT166.72115.44 44 NP120.1887.19 38 Powered by Capital Market - Live

Garden Reach Shipbuilders & Engineers has entered into non-binding Memorandum of Understanding (MoU) with M/s Reintjes GmbH, Hameln, Germany, a global Gearbox Design and Manufacturing company with vast experience in design and manufacturing of a wide range of Marine Propulsion Gearboxes. This MoU will facilitate a wide range of collaborative engagements, including integration of Reimtjes GmbH's high quality propulsion gear trains with selected engines for ships that would be built by the Shipyard. The professional association with Reintjes GmbH, who is a pioneer in marine gearboxes, will empower GRSE to achieve higher standards of propulsion efficacy in warships for defence forces and commercial vessels for domestic and export markets. Powered by Capital Market - Live

Garden Reach Shipbuilders& Engineers will hold a meeting of the Board of Directors of the Company on 8 August 2025.Powered by Capital Market - Live