| Annual Financials | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
Revenue  | 1,678 | 1,840 | 1,150 | 1,527 | 1,558 | 1,659 | 1,327 | 1,916 | 2,763 | 3,892 | 5,411 | 6,228 |
| Expenses | 1,588 | 1,575 | 1,102 | 1,363 | 1,344 | 1,393 | 1,069 | 1,614 | 2,412 | 3,359 | 4,654 | 5,336 |
| EBITDA | 90 | 266 | 48 | 164 | 213 | 266 | 258 | 302 | 351 | 534 | 756 | 892 |
| Operating Profit % | 1 % | 5 % | -19 % | -1 % | 3 % | 3 % | 6 % | 8 % | 6 % | 7 % | 8 % | 9 % |
| Depreciation | 27 | 28 | 27 | 29 | 27 | 30 | 29 | 36 | 39 | 41 | 43 | 45 |
| Interest | 2 | 4 | 9 | 8 | 5 | 1 | 1 | 1 | 7 | 12 | 10 | 13 |
| Profit Before Tax | 76 | 249 | 21 | 128 | 179 | 224 | 207 | 257 | 305 | 481 | 703 | 833 |
| Tax | 33 | 87 | 9 | 35 | 69 | 60 | 54 | 68 | 77 | 124 | 176 | 207 |
| Net Profit | 44 | 162 | 12 | 92 | 110 | 164 | 154 | 190 | 228 | 357 | 527 | 617 |
| EPS in ₹ | 35.09 | 130.85 | 9.88 | 7.60 | 9.60 | 14.27 | 13.40 | 16.55 | 19.91 | 31.19 | 46.04 | 53.80 |
Garden Reach Shipbuilders
Garden Reach Shipbuilders
2,350.00
-44.40
(-1.85%)
Market Cap
₹26,919.72 Cr
PE Ratio
44.48
Volume
10,25,850.00
Day High - Low
₹2,445.00 - ₹2,340.20
52W High-Low
₹3,538.40 - ₹1,184.90
Key Fundamentals
Market Cap
26,919.72 Cr
EPS
46.04
PB Ratio
11.94
Book Value
200.42
EBITDA
756.10
Dividend Yield
0.58 %
Industry
Aerospace & Defense Sector
Engineering ROE Growth %
-
Debt to Equity
0.02
Analyst Rating and Forecast
- By Refinitiv from3 analysts
Actual
Company News
View All News
Garden Reach Shipbuilders & Engineers received fines totaling ₹19.54 lakh from NSE and BSE for non-compliance with board composition requirements, including absence of required Independent Directors and Woman Independent Director during the quarter ended September 30, 2025. The company has requested waiver of fines, citing that director appointments are controlled by the Government of India through Presidential Orders and are beyond the company's control as a Central Public Sector Enterprise.
GRSE Promotes Aparajita Ghosh to Chief General Manager (Finance)Nov 24, 2025
Garden Reach Shipbuilders Engineers Limited promoted Smt. Aparajita Ghosh from General Manager (Finance) to Chief General Manager (Finance) effective November 18, 2025. The promotion recognizes her vast experience and leadership qualities, with the order issued by the Competent Authority on November 22, 2025.
GRSE Signs MoU with Andhra Pradesh Maritime Board for Green Field Shipyard ProjectNov 14, 2025
Garden Reach Shipbuilders Engineers Limited entered into a non-binding Memorandum of Understanding with Andhra Pradesh Maritime Board for mutual cooperation to facilitate setting up a Green Field Shipyard in Andhra Pradesh. The agreement aims to establish shipbuilding infrastructure in the state through collaborative efforts between the defense PSU and the state maritime authority.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
4,302.50 | #1 2,87,740.44 | #1 34.12 | #1 33,542.60 | 3.92 | #1 8,364 | 10.50 | 33.53 | |
389.45 | 2,84,679.34 | 49.79 | 24,511.10 | 17.06 | 5,287 | 17.79 | 36.95 | |
12,304.00 | 1,11,338.96 | 80.62 | 7,611.10 | 24.49 | 1,288 | 18.99 | 29.33 | |
2,458.70 | 99,179.04 | 42.64 | 12,553.10 | 18.78 | 2,277 | 28.10 | 29.57 | |
1,409.90 | 51,681.65 | 79.18 | 3,695.50 | 35.31 | 550 | 76.24 | 38.39 | |
2,350.00 | #6 26,919.72 | #3 44.48 | #5 5,410.50 | #3 39.01 | #6 527 | #4 57.26 | 32.27 | |
2,594.20 | 14,523.36 | 62.43 | 113.70 | 2.06 | 4 | 62.38 | 35.40 | |
1,389.10 | 12,542.23 | 45.67 | 1,032.00 | #1 126.91 | 299 | -2.37 | 49.89 | |
907.05 | 8,611.99 | 53.19 | 1,068.70 | 16.10 | 154 | -5.91 | 39.24 | |
236.00 | 7,871.37 | 100.56 | 565.00 | 51.27 | 56 | #1 91.08 | 35.84 |
Automatic Screeners on ScanX
Growth Rate
Revenue Growth
39.01 %
Net Income Growth
47.61 %
Cash Flow Change
102.21 %
ROE
18.78 %
ROCE
18.02 %
EBITDA Margin (Avg.)
1.90 %
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 7,369 | 4,452 | 4,565 | 4,319 | 4,190 | 5,384 | 6,783 | 7,632 | 10,776 | 10,252 | 10,354 |
| Fixed Assets | 366 | 344 | 358 | 389 | 302 | 304 | 340 | 501 | 508 | 493 | 515 |
| Current Assets | 6,900 | 2,828 | 2,883 | 2,510 | 3,571 | 4,808 | 5,478 | 5,826 | 9,966 | 9,446 | 9,524 |
| Capital Work in Progress | 11 | 22 | 23 | 16 | 34 | 52 | 151 | 10 | 6 | 25 | 28 |
| Investments | 0 | 0 | 0 | 0 | 2 | 54 | 826 | 197 | 234 | 0 | 0 |
| Other Assets | 6,992 | 4,086 | 4,184 | 3,914 | 3,852 | 4,975 | 5,466 | 6,925 | 10,029 | 9,735 | 9,811 |
| Total Liabilities | 7,369 | 4,452 | 4,565 | 4,319 | 4,190 | 5,384 | 6,783 | 7,632 | 10,776 | 10,252 | 10,354 |
| Current Liabilities | 6,358 | 3,284 | 3,446 | 3,217 | 3,068 | 4,247 | 5,549 | 6,256 | 9,241 | 8,456 | 8,149 |
| Non Current Liabilities | 44 | 33 | 37 | 80 | 83 | 97 | 98 | 118 | 121 | 122 | 126 |
| Total Equity | 968 | 1,134 | 1,082 | 1,022 | 1,038 | 1,040 | 1,137 | 1,258 | 1,414 | 1,673 | 2,079 |
| Reserve & Surplus | 844 | 1,010 | 958 | 907 | 924 | 926 | 1,023 | 1,143 | 1,299 | 1,559 | 1,965 |
| Share Capital | 124 | 124 | 124 | 115 | 115 | 115 | 115 | 115 | 115 | 115 | 115 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 99 | -90 | -14 | 0 | -3 | 720 | -720 | 0 | 4 | -9 | -1 |
| Investing Activities | 10 | -483 | 227 | 267 | 198 | 245 | -1,173 | 429 | -1,666 | 1,056 | 170 |
| Operating Activities | 107 | 423 | -191 | -74 | -112 | 628 | 515 | -356 | 1,450 | -707 | 16 |
| Financing Activities | -18 | -30 | -50 | -193 | -89 | -153 | -63 | -73 | 220 | -358 | -187 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
| Promoter | 74.50 % | 74.50 % | 74.50 % | 74.50 % | 74.50 % | 74.50 % | 74.50 % | 74.50 % | 74.50 % | 74.50 % | 74.50 % | 74.50 % | 74.50 % | 74.50 % | 74.50 % | 74.50 % | 74.50 % | 74.50 % | 74.50 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 3.34 % | 0.00 % | 3.26 % | 3.91 % | 3.65 % | 3.70 % | 3.84 % | 5.33 % | 3.26 % |
| DIIs | 15.61 % | 13.11 % | 12.71 % | 11.26 % | 10.67 % | 9.16 % | 8.35 % | 7.55 % | 6.98 % | 7.47 % | 5.96 % | 5.27 % | 6.14 % | 3.20 % | 1.87 % | 1.87 % | 1.90 % | 1.82 % | 1.99 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 6.75 % | 8.57 % | 8.90 % | 9.64 % | 9.87 % | 10.06 % | 10.42 % | 10.84 % | 10.51 % | 10.99 % | 12.50 % | 12.84 % | 12.63 % | 15.35 % | 17.82 % | 18.04 % | 17.96 % | 16.22 % | 17.90 % |
| Others | 3.14 % | 3.82 % | 3.88 % | 4.60 % | 4.95 % | 6.28 % | 6.72 % | 7.11 % | 8.01 % | 7.04 % | 3.70 % | 7.39 % | 3.47 % | 3.04 % | 2.17 % | 1.89 % | 1.80 % | 2.13 % | 2.35 % |
| No of Share Holders | 29,026 | 34,322 | 34,618 | 35,586 | 35,806 | 37,518 | 41,460 | 60,048 | 60,638 | 68,859 | 1,08,922 | 1,17,621 | 1,25,631 | 2,59,827 | 4,04,157 | 4,21,148 | 4,13,986 | 4,07,707 | 4,25,900 |
Dividend History
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 0.00 | 4.43 | 6.95 | 7.14 | 5 | 5.8 | 6.2 | 9.36 | 13.85 |
| Dividend Yield (%) | 0.00 | 0.00 | 4.49 | 5.09 | 3.86 | 2.21 | 1.33 | 0.81 | 0.56 | 0.59 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 18 Feb 2021 |  Dividend | ₹ 3.85 /share | 17 Feb 2021 | 202.85 | 204.70 |
| 04 Sept 2021 | Dividend | ₹ 1.15 /share | 02 Sept 2021 | 177.75 | 194.75 |
| 23 Feb 2022 | Dividend | ₹ 4.95 /share | 22 Feb 2022 | 237.70 | 210.80 |
| 20 Sept 2022 | Dividend | ₹ 0.85 /share | 16 Sept 2022 | 303.15 | 351.30 |
| 20 Feb 2023 | Dividend | ₹ 5.50 /share | 20 Feb 2023 | 478.10 | 446.55 |
| 16 Sept 2023 | Dividend | ₹ 0.70 /share | 15 Sept 2023 | 478.60 | 844.45 |
| 23 Feb 2024 | Dividend | ₹ 7.92 /share | 23 Feb 2024 | 773.50 | 815.00 |
| 14 Sept 2024 | Dividend | ₹ 1.44 /share | 13 Sept 2024 | 1,209.80 | 1,779.50 |
| 20 Sept 2024 |  Annual General Meeting | NA | 20 Sept 2024 | 1,757.05 | 1,696.05 |
| 13 Nov 2024 |  Quarterly Result Announcement | NA | 13 Nov 2024 | 1,549.35 | 1,462.55 |
| 03 Feb 2025 | Quarterly Result Announcement | NA | 03 Feb 2025 | 1,507.35 | 1,596.65 |
| 07 Feb 2025 | Dividend | ₹ 8.95 /share | 07 Feb 2025 | 1,596.65 | 1,523.80 |
| 13 May 2025 | Quarterly Result Announcement | NA | 13 May 2025 | 1,957.80 | 1,821.30 |
| 08 Aug 2025 | Quarterly Result Announcement | NA | 08 Aug 2025 | 2,646.70 | 2,544.05 |
| 12 Sept 2025 | Dividend | ₹ 4.90 /share | 12 Sept 2025 | 1,821.30 | 2,356.20 |
| 19 Sept 2025 | Annual General Meeting | NA | 19 Sept 2025 | 2,518.60 | 2,626.70 |
| 04 Nov 2025 | Quarterly Result Announcement | NA | 04 Nov 2025 | 2,642.45 | 2,574.50 |
| 11 Nov 2025 | Dividend | ₹ 5.75 /share | 11 Nov 2025 | 2,574.50 | 2,682.00 |
Announcements
Disclosure Under Regulation 30 Of SEBI (LODR) Reg 2015 Imposition Of Fines By NSE And BSE
Nov 29, 2025
Nov 29, 2025Announcement under Regulation 30 (LODR)-Change in ManagementNov 24, 2025
Nov 24, 2025Announcement under Regulation 30 (LODR)-Memorandum of Understanding /AgreementsNov 14, 2025
Nov 14, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 14, 2025
Nov 14, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeNov 11, 2025
Nov 11, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 05, 2025
Nov 05, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseNov 04, 2025
Nov 04, 2025Unaudited Financial Results For The Quarter And Half Year Ended 30Th September 2025 And Declaration Of Interim Dividend For The Financial Year 2025-26Nov 04, 2025
Nov 04, 2025Corporate Action-Board approves DividendNov 04, 2025
Nov 04, 2025Unaudited Financial Results For The Quarter And Half Year Ended 30Th September 2025 And Declaration Of Interim Dividend For The Financial Year 2025-26Nov 04, 2025
Nov 04, 2025Board Meeting Outcome for Unaudited Financial Results For The Quarter And Half Year Ended 30Th September 2025 And Declaration Of Interim Dividend For The Financial Year 2025-26Nov 04, 2025
Nov 04, 2025Board Meeting Intimation for Intimation Of Date Of Board Meeting To Inter Alia Consider And Approve Unaudited Financial Results For The Quarter And Half Year Ended 30Th September 2025 And To Declare Interim Dividend For The Financial Year 2025-26 If AnyOct 23, 2025
Oct 23, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 09, 2025
Oct 09, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseOct 08, 2025
Oct 08, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateOct 06, 2025
Oct 06, 2025Closure of Trading WindowSep 25, 2025
Sep 25, 2025Intimation Regarding GRSE Signing Mous With Strategic Partners In The Shipbuilding Port And Infrastructure Sectors And Press Release - Reg 30Sep 20, 2025
Sep 20, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 19, 2025
Sep 19, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 19, 2025
Sep 19, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderSep 19, 2025
Sep 19, 2025Appointment Of Secretarial Auditor For FY 2025-26 To FY 2029-30Sep 19, 2025
Sep 19, 2025Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/sSep 19, 2025
Sep 19, 2025Proceedings Of The 109Th Annual General Meeting Of Garden Reach Shipbuilders & Engineers LimitedSep 19, 2025
Sep 19, 2025Extension Of Additional Charge Of Director (Finance) To Chairman & Managing Director Of The Company - Reg 30
Sep 04, 2025
Sep 04, 2025Disclosure Under Reg 30 Of SEBI (LODR) Reg 2015
Imposition Of Fines By NSE And BSEAug 30, 2025
Aug 30, 2025Business Responsibility and Sustainability Reporting (BRSR)Aug 26, 2025
Aug 26, 2025Reg. 34 (1) Annual Report.Aug 26, 2025
Aug 26, 2025Corporate Action-Board to consider DividendAug 26, 2025
Aug 26, 2025Intimation Of 109Th Annual General Meeting Book Closure And DividendAug 26, 2025
Aug 26, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 26, 2025
Aug 26, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 19, 2025
Aug 19, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 12, 2025
Aug 12, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 08, 2025
Aug 08, 2025GRSE- Appointment Of Secretarial Auditor For FY 2025-26 To FY 2029-30Aug 08, 2025
Aug 08, 2025Announcement Under Regulation 7 And 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 Re-Appointment Of Registrar & Share Transfer AgentAug 08, 2025
Aug 08, 2025Board Meeting Outcome for Unaudited Financial Results For The Quarter Ended 30Th June 2025 - Reg 30Aug 08, 2025
Aug 08, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 01, 2025
Aug 01, 2025Board Meeting Intimation for Intimation Of Date Of Board Meeting To Inter Alia Consider And Approve Unaudited Financial Results For The Quarter Ended 30Th June 2025Jul 24, 2025
Jul 24, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateJul 15, 2025
Jul 15, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJul 15, 2025
Jul 15, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateJul 14, 2025
Jul 14, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 09, 2025
Jul 09, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJun 30, 2025
Jun 30, 2025Closure of Trading WindowJun 26, 2025
Jun 26, 2025GRSE Signed Contract With GSI For Two Coastal Research Vessels And Press Release - Reg 30
Jun 11, 2025
Jun 11, 2025Announcement under Regulation 30 (LODR)-Memorandum of Understanding /AgreementsJun 07, 2025
Jun 07, 2025Announcement under Regulation 30 (LODR)-Memorandum of Understanding /AgreementsJun 05, 2025
Jun 05, 2025Rumour verification - Regulation 30(11)Jun 04, 2025
Jun 04, 2025Clarification sought from Garden Reach Shipbuilders & Engineers LtdJun 04, 2025
Jun 04, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateMay 31, 2025
May 31, 2025Mutual Fund Holdings
JM Value Fund Direct Plan-Growth 
Samco Active Momentum Fund Direct - Growth 
Taurus Flexi Cap Fund Direct - Growth 
Motilal Oswal Quant Fund Direct-Growth 
Aditya Birla Sun Life Nifty India Defence Index Fund Direct-Growth 
Angel One Nifty Total Market Momentum Quality 50 Index Fund Direct - Growth 
Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund Direct-Growth 
Nippon India Nifty Smallcap 250 Index Fund Direct - Growth 
JioBlackRock Nifty Smallcap 250 Index Fund Direct - Growth 
ICICI Prudential Nifty Smallcap 250 Index Fund Direct - Growth 
HDFC Nifty Smallcap 250 Index Fund Direct-Growth 
Axis Nifty500 Momentum 50 Index Fund Direct-Growth 
SBI Nifty Smallcap 250 Index Fund Direct - Growth 
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund Direct-Growth 
Navi Nifty Smallcap250 Momentum Quality 100 Index Fund Direct - Growth 
Kotak Nifty Smallcap 250 Index Fund Direct-Growth Technical Indicators
RSI(14)
Neutral 32.27
ATR(14)
Volatile 101.18
STOCH(9,6)
Oversold 13.35
STOCH RSI(14)
Oversold 15.64
MACD(12,26)
Bearish -42.02
ADX(14)
Strong Trend 28.18
UO(9)
Bearish 33.24
ROC(12)
Downtrend And Accelerating -14.79
WillR(14)
Oversold -89.62
About Garden Reach Shipbuilders
Garden Reach Shipbuilders & Engineers Limited is an Indian company primarily engaged in shipbuilding for the Indian Navy and Coast Guard. Incorporated in 1934 and acquired by the Government of India in 1960, it has three shipbuilding facilities in Kolkata. The company builds various types of vessels including warships, patrol vessels, and commercial ships. It also manufactures portable steel bridges, deck machinery, marine pumps, and assembles marine engines. GRSE has delivered over 750 vessels and has been credited with several firsts in the Indian shipbuilding industry. The company became a public limited company in 2017 and was listed on the stock exchange in 2018, with the government retaining a 74.5% stake. GRSE has expanded its capabilities to include advanced warship construction and has contracts for building survey vessels and anti-submarine warfare craft.
Listing Date
10 Oct, 2018(7 Years,
4 days)
Website
Chairperson NameHari P R
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