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Garden Reach Shipbuilders & Engineers Ltd

GRSE Share Price

2,983.201.06% (-32.00)
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With a market cap of ₹34,173 cr, stock is ranked 245

Stock is 4.68x as volatile as Nifty

GRSE Stock Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Avg

The stock has a moderate number of red flags

How to use scorecard? Learn more

With a market cap of ₹34,173 cr, stock is ranked 245

Stock is 4.68x as volatile as Nifty

GRSE Performance & Key Metrics

GRSE Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
64.8020.420.46%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
39.056.600.56%

GRSE Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
67%
Analysts have suggested that investors can buy this stock

from 3 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

GRSE Company Profile

Garden Reach Shipbuilders & Engineers is a shipbuilding company engaged in shipbuilding, engineering and engine production activities

GRSE Similar Stocks (Peers)

Compare with peers Compare with peers 

GRSE Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
54.74
54.74
1Y Return
49.07%
49.07%
Buy Reco %
50.00
50.00
PE Ratio
65.04
65.04
1Y Return
9.75%
9.75%
Buy Reco %
0.00
0.00
PE Ratio
33.76
33.76
1Y Return
10.46%
10.46%
Buy Reco %
0.00
0.00
PE Ratio
-6.32
-6.32
1Y Return
475.90%
475.90%
Buy Reco %
0.00
0.00
PE Ratio
17.20
17.20
1Y Return
58.65%
58.65%
Buy Reco %
0.00
0.00
Compare with Peers

GRSE Sentiment Analysis

GRSE Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

GRSE Stock Summary · May 2025

The company has demonstrated remarkable financial performance, achieving record revenue and profit growth, driven by effective project execution and a stable order book of ₹22,680 crores. Anticipated future orders, particularly from the Next Generation Corvette project, position the company for significant revenue generation, while ongoing naval projects reflect strong operational capabilities despite challenges in delivery timelines. Strategic partnerships and capacity expansion plans aim to enhance production efficiency and meet rising demand, particularly in the commercial sector. Additionally, a focus on cost management and revenue recognition strategies is crucial for sustaining profitability, as the company navigates a competitive landscape and seeks to diversify its revenue streams. Overall, the outlook remains positive, bolstered by a resilient supply chain and proactive engagement with stakeholders.

GRSE Stock Growth Drivers
GRSE Stock Growth Drivers
8
  • Strong Financial Performance

    The company has reported significant financial achievements, including a 62% increase in Q4 revenue from

  • Robust Order Book and Project Pipeline

    The company maintains a strong order book valued at ₹22,680 crores, which includes various projects

GRSE Stock Challenges
GRSE Stock Challenges
2
  • Supply Chain Concerns

    The company has acknowledged potential supply chain impacts due to geopolitical tensions. Although there has

  • Geopolitical Risks

    The geopolitical tensions present a looming risk for the company, as they could potentially affect

end marker

GRSE Forecast

GRSE Forecasts

Price

Revenue

Earnings

GRSE

GRSE

Income

Balance Sheet

Cash Flow

GRSE Income Statement

GRSE Income Statement

Industry refers to the sub-sector this company belongs to.
Higher than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 26.67%, vs industry avg of 16.95%

Increasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 13.77% to 20.53%

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Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue1,137.901,526.991,557.661,658.801,326.561,915.772,762.993,892.265,410.535,410.52
Raw Materialssubtract454.46257.87772.44128.05471.17943.571,607.342,257.434,654.424,654.42
Power & Fuel Costsubtract10.529.698.718.456.308.638.899.83
Employee Costsubtract285.78298.60291.47296.94269.38290.29316.91348.93
Selling & Administrative Expensessubtract128.1289.1561.4793.7656.9855.4550.3860.65
Operating & Other expensessubtract203.14707.28212.41874.76276.58323.05428.25680.52
Depreciation/Amortizationsubtract26.6528.9627.0830.0929.0935.7139.1741.3342.4942.50
Interest & Other Itemssubtract9.127.695.112.889.951.836.8312.6510.3210.32
Taxes & Other Itemssubtract8.6535.3569.0260.3953.6567.7177.09123.66175.88175.88
EPS0.937.759.6014.2713.4016.5519.9131.1946.0446.04
DPS4.374.436.957.145.005.806.209.3613.8510.39
Payout ratio4.720.570.720.500.370.350.310.300.300.23

GRSE Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual report

PDF
FY 2022FY 2022

Annual report

PDF
FY 2021FY 2021

Annual report

PDF
FY 2020FY 2020

Annual report

PDF
FY 2019FY 2019

Annual report

PDF

Investor Presentation

Jun 6PDF
 

GRSE Stock Peers

GRSE Past Performance & Peer Comparison

GRSE Past Performance & Peer Comparison

Comparing 3 stocks from 
IndustrialsShipbuilding

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Garden Reach Shipbuilders & Engineers Ltd64.7920.420.46%
Mazagon Dock Shipbuilders Ltd54.7421.160.40%
Cochin Shipyard Ltd65.0410.750.48%
Knowledge Marine & Engineering Works Ltd33.769.91

GRSE Stock Price Comparison

Compare GRSE with any stock or ETF
Compare GRSE with any stock or ETF
GRSE
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GRSE Holdings

GRSE Shareholdings

GRSE Promoter Holdings Trend

GRSE Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

GRSE Institutional Holdings Trend

GRSE Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

GRSE Shareholding Pattern

GRSE Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding74.50%1.64%0.26%3.84%19.76%

Jun 2024

Sep 2024

Dec 2024

Mar 2025

GRSE Shareholding History

GRSE Shareholding History

Dec '23MarJunSepDec '24Mar2.87%3.26%3.91%3.65%3.70%3.84%

Mutual Funds Invested in GRSE

Mutual Funds Invested in GRSE

No mutual funds holding trends are available

Top 5 Mutual Funds holding Garden Reach Shipbuilders & Engineers Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
0.6634%0.23%0.06%47/325 (+6)
0.3981%3.60%0.89%9/21 (+1)
0.3383%2.14%2.14%45/85 (+27)

Compare 3-month MF holding change on Screener

GRSE Insider Trades & Bulk Stock Deals

GRSE Insider Trades & Bulk Stock Deals

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smallcases containing GRSE stock

smallcases containing GRSE stock

Looks like this stock is not in any smallcase yet.

GRSE Events

GRSE Events

GRSE Dividend Trend

Increasing Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

GRSE has increased dividends consistently over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.46%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹4.64 every year

Dividends

Corp. Actions

Announcements

Legal Orders

GRSE Dividend Trend

Increasing Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

GRSE has increased dividends consistently over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.46%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹4.64 every year

GRSE Upcoming Dividends

GRSE Upcoming Dividends

No upcoming dividends are available

GRSE Past Dividends

GRSE Past Dividends

Cash Dividend

Ex DateEx DateFeb 7, 2025

Interim
Interim | Div/Share: ₹8.95

Dividend/Share

8.95

Ex DateEx Date

Feb 7, 2025

Cash Dividend

Ex DateEx DateSep 13, 2024

Final
Final | Div/Share: ₹1.44

Dividend/Share

1.44

Ex DateEx Date

Sep 13, 2024

Cash Dividend

Ex DateEx DateFeb 23, 2024

Interim
Interim | Div/Share: ₹7.92

Dividend/Share

7.92

Ex DateEx Date

Feb 23, 2024

Cash Dividend

Ex DateEx DateSep 15, 2023

Final
Final | Div/Share: ₹0.70

Dividend/Share

0.70

Ex DateEx Date

Sep 15, 2023

Cash Dividend

Ex DateEx DateFeb 20, 2023

Interim
Interim | Div/Share: ₹5.50

Dividend/Share

5.50

Ex DateEx Date

Feb 20, 2023

GRSE Stock News & Opinions

GRSE Stock News & Opinions

Spotlight
Garden Reach Shipbuilders & Engineers Ltd leads losers in 'A' group

Ideaforge Technology Ltd, Data Patterns (India) Ltd, Angel One Ltd and Paras Defence and Space Technologies Ltd are among the other losers in the BSE's 'A' group today, 25 June 2025.Garden Reach Shipbuilders & Engineers Ltd tumbled 5.53% to Rs 3009 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 7.01 lakh shares were traded on the counter so far as against the average daily volumes of 5.55 lakh shares in the past one month.Ideaforge Technology Ltd lost 4.29% to Rs 605. The stock was the second biggest loser in 'A' group.On the BSE, 75882 shares were traded on the counter so far as against the average daily volumes of 1.42 lakh shares in the past one month.Data Patterns (India) Ltd crashed 4.05% to Rs 2816.05. The stock was the third biggest loser in 'A' group.On the BSE, 1.05 lakh shares were traded on the counter so far as against the average daily volumes of 1.03 lakh shares in the past one month.Angel One Ltd fell 3.24% to Rs 2861.75. The stock was the fourth biggest loser in 'A' group.On the BSE, 73555 shares were traded on the counter so far as against the average daily volumes of 63216 shares in the past one month.Paras Defence and Space Technologies Ltd plummeted 3.20% to Rs 1595.5. The stock was the fifth biggest loser in 'A' group.On the BSE, 1.29 lakh shares were traded on the counter so far as against the average daily volumes of 96966 shares in the past one month.Powered by Capital Market - Live

6 days agoCapital Market - Live
Spotlight
Garden Reach Shipbuilders & Engineers Ltd leads losers in 'A' group

BEML Ltd, KPIT Technologies Ltd, Oil India Ltd and Mishra Dhatu Nigam Ltd are among the other losers in the BSE's 'A' group today, 24 June 2025.Garden Reach Shipbuilders & Engineers Ltd crashed 8.41% to Rs 3198.8 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 6.6 lakh shares were traded on the counter so far as against the average daily volumes of 5.42 lakh shares in the past one month.BEML Ltd tumbled 6.17% to Rs 4491.45. The stock was the second biggest loser in 'A' group.On the BSE, 63063 shares were traded on the counter so far as against the average daily volumes of 1.01 lakh shares in the past one month.KPIT Technologies Ltd lost 5.90% to Rs 1308.8. The stock was the third biggest loser in 'A' group.On the BSE, 3.5 lakh shares were traded on the counter so far as against the average daily volumes of 57488 shares in the past one month.Oil India Ltd fell 5.13% to Rs 448. The stock was the fourth biggest loser in 'A' group.On the BSE, 4.06 lakh shares were traded on the counter so far as against the average daily volumes of 2.69 lakh shares in the past one month.Mishra Dhatu Nigam Ltd slipped 4.87% to Rs 441.1. The stock was the fifth biggest loser in 'A' group.On the BSE, 2.6 lakh shares were traded on the counter so far as against the average daily volumes of 1.32 lakh shares in the past one month.Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
GRSE signs contract with GSI for two coastal research vessels

Garden Reach Shipbuilders & Engineers has signed the Contract for Construction of two Coastal Research Vessels (CRVs) for the Geological Survey of India (GSI) on 11 June 2025.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
Garden Reach edges higher signing MoI, MoUs with various firms in Norway

In a regulatory filing made today, the company said that on 04 June 2025, it has signed a MoI with Carsten Rehder Schiffsmakler und Reederei GmbH & Co. KG, Germany, for the construction of four follow-on 7,500 DWT multi-purpose vessels. These vessels will be built as a continuation of the eight vessels currently under construction at GRSE's Kolkata shipyard. The follow-on vessels will feature hybrid propulsion systems and comply with the latest cybersecurity standards. The firm contract for these vessels is expected to be finalized by 31 August 2025. In pursuance of venturing into construction of offshore platforms and vessels, GRSE stated that it has signed a memorandum of understanding (MoU) with Aries marine, a Dubai based, established and independent engineering and design firm for offshore platform and vessel design. This is to extend worldwide reach of GRSE in the offshore market. This MOU aims to facilitate collaboration on identifying and developing offshore orders for platforms designed by ARIES and built by GRSE. On the same day, the company has also inked MoU with a global engine manufacturer. The aforementioned MoI and MoUs were signed during the company's official delegation visit to Norway. GRSE is a premier shipbuilding company in India under the administrative control of the Ministry of Defence, primarily serves 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 standalone net profit surged 118.87% to Rs 244.24 crore while revenue from operations jumped 61.66% to Rs 1,642.03 crore in Q4 FY25 over Q4 FY24. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
GRSE signs MoI and MoUs with three global companies

Garden Reach Shipbuilders & Engineers has entered into the following Memorandum of Intent (MoI) and Memorandum of Understandings (MoUs): (a) On 04 June 2025, Garden Reach Shipbuilders & Engineers (GRSE) signed a MoI with M/s Carsten Rehder Schiffsmakler und Reederei GmbH & Co. KG, Germany, for the construction of four (04) follow-on 7,500 DWT Multi-Purpose Vessels. These vessels will be built as a continuation of the eight (08) vessels currently under construction at GRSE's Kolkata shipyard. The follow-on vessels will feature hybrid propulsion systems and comply with the latest cybersecurity standards. The firm contract for these vessels is expected to be finalized by 31 August 2025. (b) In pursuance of venturing into construction of Offshore platforms and vessels, GRSE signed a Memorandum of Understanding (MoU) with M/S Aries marine, a Dubai based, established and independent engineering and design firm for offshore Platform and vessel design. This is to extend worldwide reach of GRSE in the offshore market. This MOU aims to facilitate collaboration on identifying and developing offshore orders for platforms designed by ARIES and built by GRSE. (c) GRSE also signed MoU with a Global Engine Manufacturer on the same day. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Spotlight
GRSE soars after MOU to build India's first Polar Research Vessel

The project, to be executed at GRSE's Kolkata yard, will support deep-sea research in polar and southern oceans. The PRV will be equipped with cutting-edge scientific instruments and developed in partnership with the National Centre for Polar and Ocean Research (NCOPR), aligning with the government's 'Make in India' push. Union Minister Sarbananda Sonowal, currently in Norway for the Nor-Shipping event, noted that Indian shipyards now hold 11% of the Norwegian Shipowners' Association's order book, showcasing India's rising stature in global shipbuilding. GRSE is a premier shipbuilding company in India under the administrative control of the Ministry of Defence, primarily serves 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 standalone net profit surged 118.87% to Rs 244.24 crore while revenue from operations jumped 61.66% to Rs 1,642.03 crore in Q4 FY25 over Q4 FY24. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
GRSE successfully bids for NGC project of Indian Navy

Garden Reach Shipbuilders & Engineers announced that its was declared the lowest bidder (L1) or Construction of Next Generation Corvettes (NGC) for Indian Navy. The L1 bidder will be awarded five (05) NGC ships at a likely value of more than Rs 25,000 crore. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Garden Reach Shipbuilders & Engineers announces appointment of director

Garden Reach Shipbuilders & Engineers announced that the President of India has appointed Kamleshbhai Shashikantbhai Mirani as Part-Time Non-Official Director (Independent Director) on the Board of the Company for a period of three years. The appointment of Kamleshbhai Shashikantbhai Mirani will be effective from the date of allotment of Director Identification Number (DIN) to him. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Garden Reach Shipbuilders & Engineers announces change in directorate

Garden Reach Shipbuilders & Engineers announced that Cmde Hari P R, IN (Retd.), Chairman & Managing Director of the Company will hold the Additional Charge of the post of Director (Finance) w.e.f. 01 June 2025. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Garden Reach Shipbuilders & Engineers Ltd leads gainers in 'A' group

Cochin Shipyard Ltd, Authum Investment & Infrastructure Ltd, HBL Engineering Ltd and Mishra Dhatu Nigam Ltd are among the other gainers in the BSE's 'A' group today, 14 May 2025.Garden Reach Shipbuilders & Engineers Ltd soared 15.57% to Rs 2213.2 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 14.01 lakh shares were traded on the counter so far as against the average daily volumes of 3.06 lakh shares in the past one month. Cochin Shipyard Ltd surged 10.89% to Rs 1748.95. The stock was the second biggest gainer in 'A' group. On the BSE, 18.93 lakh shares were traded on the counter so far as against the average daily volumes of 3.52 lakh shares in the past one month. Authum Investment & Infrastructure Ltd spiked 10.10% to Rs 2131.95. The stock was the third biggest gainer in 'A' group. On the BSE, 35279 shares were traded on the counter so far as against the average daily volumes of 9011 shares in the past one month. HBL Engineering Ltd jumped 9.62% to Rs 555.15. The stock was the fourth biggest gainer in 'A' group. On the BSE, 2.09 lakh shares were traded on the counter so far as against the average daily volumes of 86769 shares in the past one month. Mishra Dhatu Nigam Ltd spurt 8.83% to Rs 371.45. The stock was the fifth biggest gainer in 'A' group. On the BSE, 1.38 lakh shares were traded on the counter so far as against the average daily volumes of 60597 shares in the past one month. Powered by Capital Market - Live

1 month agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Garden Reach Shipbuilders & Engineers Ltd (GRSE) today?

    The share price of GRSE as on 1st July 2025 is ₹2983.20. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Garden Reach Shipbuilders & Engineers Ltd (GRSE) share?

    The past returns of Garden Reach Shipbuilders & Engineers Ltd (GRSE) share are
    • Past 1 week: -12.60%
    • Past 1 month: -0.35%
    • Past 3 months: 76.39%
    • Past 6 months: 80.79%
    • Past 1 year: 29.34%
    • Past 3 years: 1252.62%
    • Past 5 years: 1281.43%

  3. What are the peers or stocks similar to Garden Reach Shipbuilders & Engineers Ltd (GRSE)?
  4. What is the dividend yield % of Garden Reach Shipbuilders & Engineers Ltd (GRSE) share?

    The current dividend yield of Garden Reach Shipbuilders & Engineers Ltd (GRSE) is 0.46.

  5. What is the market cap of Garden Reach Shipbuilders & Engineers Ltd (GRSE) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Garden Reach Shipbuilders & Engineers Ltd (GRSE) is ₹34173.15 Cr as of 1st July 2025.

  6. What is the 52 week high and low of Garden Reach Shipbuilders & Engineers Ltd (GRSE) share?

    The 52-week high of Garden Reach Shipbuilders & Engineers Ltd (GRSE) is ₹3538.40 and the 52-week low is ₹1184.90.

  7. What is the PE and PB ratio of Garden Reach Shipbuilders & Engineers Ltd (GRSE) stock?

    The P/E (price-to-earnings) ratio of Garden Reach Shipbuilders & Engineers Ltd (GRSE) is 64.79. The P/B (price-to-book) ratio is 20.42.

  8. Which sector does Garden Reach Shipbuilders & Engineers Ltd (GRSE) belong to?

    Garden Reach Shipbuilders & Engineers Ltd (GRSE) belongs to the Industrials sector & Shipbuilding sub-sector.

  9. How to buy Garden Reach Shipbuilders & Engineers Ltd (GRSE) shares?

    You can directly buy Garden Reach Shipbuilders & Engineers Ltd (GRSE) shares on Tickertape. Simply sign up, connect your demat account and place your order.