| Annual Financials | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
Revenue  | 1,678 | 1,840 | 1,150 | 1,527 | 1,558 | 1,659 | 1,327 | 1,916 | 2,763 | 3,892 | 5,411 |
| Expenses | 1,588 | 1,575 | 1,102 | 1,363 | 1,344 | 1,393 | 1,069 | 1,614 | 2,412 | 3,359 | 4,655 |
| EBITDA | 90 | 266 | 48 | 164 | 213 | 266 | 258 | 302 | 351 | 534 | 756 |
| Operating Profit % | 1 % | 5 % | -19 % | -1 % | 3 % | 3 % | 6 % | 8 % | 6 % | 7 % | 8 % |
| Depreciation | 27 | 28 | 27 | 29 | 27 | 30 | 29 | 36 | 39 | 41 | 42 |
| Interest | 2 | 4 | 9 | 8 | 5 | 1 | 1 | 1 | 7 | 12 | 10 |
| Profit Before Tax | 76 | 249 | 21 | 128 | 179 | 224 | 207 | 257 | 305 | 481 | 703 |
| Tax | 33 | 87 | 9 | 35 | 69 | 60 | 54 | 68 | 77 | 124 | 173 |
| Net Profit | 44 | 162 | 12 | 92 | 110 | 164 | 154 | 190 | 228 | 357 | 528 |
| EPS in ₹ | 35.09 | 130.85 | 9.88 | 7.60 | 9.60 | 14.27 | 13.40 | 16.55 | 19.91 | 31.19 | 46.00 |
Garden Reach Shipbuilders
3,263.90
+90.10
(2.84%)
Market Cap
37,388.63 Cr
EPS
31.19
PE Ratio
68.94
Dividend Yield
0.44 %
Industry
Aerospace & Defense52 Week High
3,532.20
52 Week Low
1,184.90
PB Ratio
17.49
Debt to Equity
0.12
Sector
Engineering
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from3 analysts
Company News
View All News
Garden Reach Shipbuilders and Engineers (GRSE) plans to set up a new shipyard outside Kolkata to increase its production capacity. The company's current capacity of 24 ships is expected to rise to 28 by the end of 2025, partly through the revival of idle assets. This expansion is in response to growing demand from both defense and commercial sectors.
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 |
|---|---|---|---|---|---|---|---|---|
5,008.00 | #1 3,34,922.52 | #1 40.37 | #1 32,277.70 | 12.87 | #1 7,621 | -7.71 | 58.40 | |
401.25 | 2,93,304.88 | 55.19 | 20,938.40 | 16.23 | 3,943 | 18.38 | 71.81 | |
17,096.00 | 1,54,701.80 | 128.39 | 6,114.00 | -12.08 | 875 | 42.60 | 73.66 | |
3,273.00 | 1,32,026.27 | 55.25 | 10,568.10 | 24.13 | 1,809 | -50.94 | 51.42 | |
1,915.00 | 70,196.72 | 127.07 | 2,731.10 | 3.26 | 613 | -5.54 | 57.09 | |
3,263.90 | #6 37,388.63 | #5 68.94 | #5 3,892.30 | #2 40.87 | #6 357 | #2 118.91 | 64.83 | |
1,947.50 | 17,584.05 | 62.77 | 454.80 | #1 101.15 | 130 | #1 202.66 | 53.47 | |
3,036.30 | 16,998.41 | 75.82 | 113.70 | 2.06 | 4 | 60.48 | 59.36 | |
1,137.20 | 10,797.15 | 69.21 | 920.50 | 12.12 | 121 | 35.11 | 57.02 | |
428.80 | 8,033.14 | 73.01 | 1,102.60 | 21.20 | 92 | 21.38 | 60.57 |
Forecast
Actual
Growth Rate
Revenue Growth
40.87 %
Net Income Growth
56.64 %
Cash Flow Change
-148.74 %
ROE
32.28 %
ROCE
35.01 %
EBITDA Margin (Avg.)
7.95 %
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Total Assets | 7,369 | 4,452 | 4,565 | 4,319 | 4,190 | 5,384 | 6,783 | 7,632 | 10,776 | 10,252 |
| Fixed Assets | 366 | 344 | 358 | 389 | 302 | 304 | 340 | 501 | 508 | 493 |
| Current Assets | 6,900 | 2,828 | 2,883 | 2,510 | 3,571 | 4,808 | 5,478 | 5,826 | 9,966 | 9,446 |
| Capital Work in Progress | 11 | 22 | 23 | 16 | 34 | 52 | 151 | 10 | 6 | 25 |
| Investments | 0 | 0 | 0 | 0 | 2 | 54 | 826 | 197 | 234 | 0 |
| Other Assets | 6,992 | 4,086 | 4,184 | 3,914 | 3,852 | 4,975 | 5,466 | 6,925 | 10,029 | 9,735 |
| Total Liabilities | 7,369 | 4,452 | 4,565 | 4,319 | 4,190 | 5,384 | 6,783 | 7,632 | 10,776 | 10,252 |
| Current Liabilities | 6,358 | 3,284 | 3,446 | 3,217 | 3,068 | 4,247 | 5,549 | 6,256 | 9,241 | 8,456 |
| Non Current Liabilities | 44 | 33 | 37 | 80 | 83 | 97 | 98 | 118 | 121 | 122 |
| Total Equity | 968 | 1,134 | 1,082 | 1,022 | 1,038 | 1,040 | 1,137 | 1,258 | 1,414 | 1,673 |
| Reserve & Surplus | 844 | 1,010 | 958 | 907 | 924 | 926 | 1,023 | 1,143 | 1,299 | 1,559 |
| Share Capital | 124 | 124 | 124 | 115 | 115 | 115 | 115 | 115 | 115 | 115 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Net Cash Flow | 99 | -90 | -14 | 0 | -3 | 720 | -720 | 0 | 4 | -9 |
| Investing Activities | 10 | -483 | 227 | 267 | 198 | 245 | -1,173 | 429 | -1,666 | 1,056 |
| Operating Activities | 107 | 423 | -191 | -74 | -112 | 628 | 515 | -356 | 1,450 | -707 |
| Financing Activities | -18 | -30 | -50 | -193 | -89 | -153 | -63 | -73 | 220 | -358 |
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 |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 |
Dividend History
Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
| 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 | 0.00 |
| Dividend Yield (%) | 0.00 | 0.00 | 4.49 | 5.09 | 3.86 | 2.21 | 1.33 | 0.81 | 0.56 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 13 May 2025 |  Quarterly Result Announcement | NA | 13 May 2025 | 1,957.80 | 1,821.30 |
| 07 Feb 2025 |  Dividend | ₹ 8.95 /share | 07 Feb 2025 | 1,596.65 | 1,523.80 |
| 03 Feb 2025 | Quarterly Result Announcement | NA | 03 Feb 2025 | 1,507.35 | 1,596.65 |
| 13 Nov 2024 | Quarterly Result Announcement | NA | 13 Nov 2024 | 1,549.35 | 1,462.55 |
| 20 Sept 2024 |  Annual General Meeting | NA | 20 Sept 2024 | 1,757.05 | 1,696.05 |
| 14 Sept 2024 | Dividend | ₹ 1.44 /share | 13 Sept 2024 | 1,209.80 | 1,779.50 |
| 23 Feb 2024 | Dividend | ₹ 7.92 /share | 23 Feb 2024 | 773.50 | 815.00 |
| 16 Sept 2023 | Dividend | ₹ 0.70 /share | 15 Sept 2023 | 478.60 | 844.45 |
| 20 Feb 2023 | Dividend | ₹ 5.50 /share | 20 Feb 2023 | 478.10 | 446.55 |
| 20 Sept 2022 | Dividend | ₹ 0.85 /share | 16 Sept 2022 | 303.15 | 351.30 |
| 23 Feb 2022 | Dividend | ₹ 4.95 /share | 22 Feb 2022 | 237.70 | 210.80 |
| 04 Sept 2021 | Dividend | ₹ 1.15 /share | 02 Sept 2021 | 177.75 | 194.75 |
| 18 Feb 2021 | Dividend | ₹ 3.85 /share | 17 Feb 2021 | 202.85 | 204.70 |
Announcements
GRSE Signed Contract With GSI For Two Coastal Research Vessels And Press Release - Reg 30
6 days ago
6 days agoAnnouncement 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, 2025Announcement under Regulation 30 (LODR)-Change in ManagementMay 31, 2025
May 31, 2025Disclosure Under Regulation 30 Of SEBI (LODR) Reg 2015 - Imposition Of Fines By NSE And BSEMay 30, 2025
May 30, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 27, 2025
May 27, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptMay 27, 2025
May 27, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateMay 22, 2025
May 22, 2025GRSE Become L1 To NGC Project - Reg 30May 22, 2025
May 22, 2025Cancellation Of Contract For Construction Of An Advanced Ocean-Going Tug - Reg 30May 21, 2025
May 21, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 20, 2025
May 20, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateMay 19, 2025
May 19, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 15, 2025
May 15, 2025Additional Charge Of Director (Finance) To Chairman & Managing Director Of The Company - Reg 30
May 15, 2025
May 15, 2025Audited Financial Results For The Quarter And Financial Year Ended 31St March 2025 Recommendation Of Final Dividend For The Financial Year 2024-25 And Press Release - RegMay 13, 2025
May 13, 2025Board Meeting Outcome for Audited Financial Results For The Quarter And Financial Year Ended 31St March 2025 Recommendation Of Final Dividend For The Financial Year 2024-25 And Press Release - RegMay 13, 2025
May 13, 2025Update on board meetingMay 09, 2025
May 09, 2025Additional Charge Of Director (Corporate Planning And Personnel) To Chairman & Managing Director Of The Company - Reg 30May 02, 2025
May 02, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateApr 30, 2025
Apr 30, 2025Board Meeting Intimation for Intimation Of Date Of Board Meeting To Inter Alia Consider And Approve Audited Financial Results For The Quarter And Year Ended 31 Mar 2025 And To Recommend Final Dividend For The Financial Year 2024-25 If Any.Apr 30, 2025
Apr 30, 2025Announcement under Regulation 30 (LODR)-Change in ManagementApr 28, 2025
Apr 28, 2025Intimation Regarding GRSE Will Sign Long-Term Lease Agreement With Syama Prasad Mookerjee Port Kolkata For Timber Pond Howrah (WB) - Reg 30Apr 25, 2025
Apr 25, 2025Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure AApr 23, 2025
Apr 23, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 10, 2025
Apr 10, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderApr 09, 2025
Apr 09, 2025Intimation Regarding GRSE Signed Mou With SWAN Defence To Boost Indigenous Commercial Shipbuilding Capabilities And Press Release - Reg 30Apr 08, 2025
Apr 08, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateApr 06, 2025
Apr 06, 2025Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations 2015Apr 02, 2025
Apr 02, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMar 31, 2025
Mar 31, 2025Closure of Trading WindowMar 26, 2025
Mar 26, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMar 24, 2025
Mar 24, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMar 20, 2025
Mar 20, 2025Disclosure Under Regulation 30 Of SEBI (LODR) Reg 2015 - Imposition Of Penalty By NSE And BSEMar 18, 2025
Mar 18, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptFeb 20, 2025
Feb 20, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderFeb 20, 2025
Feb 20, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeFeb 13, 2025
Feb 13, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 06, 2025
Feb 06, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseFeb 03, 2025
Feb 03, 2025Adoption Of New Company Logo - Reg 30Feb 03, 2025
Feb 03, 2025Integrated Filing (Financial)Feb 03, 2025
Feb 03, 2025Corporate Action-Board approves DividendFeb 03, 2025
Feb 03, 2025Board Meeting Outcome for Unaudited Financial Results For The Quarter And Nine Months Ended 31St December 2024 And Declaration Of Interim Dividend For The Financial Year 2024-25Feb 03, 2025
Feb 03, 2025Intimation Regarding GRSE Signed Mou With M/S Apollo Micro System To Power Next-Gen Defence Innovation And Press Release - Reg 30Jan 29, 2025
Jan 29, 2025Corporate Action-Board to consider DividendJan 20, 2025
Jan 20, 2025Board Meeting Intimation for Intimation Of Date Of Board Meeting To Inter Alia Consider And Approve Unaudited Financial Results For The Quarter And Nine Months Ended 31 Dec 2024 And To Declare InterimJan 20, 2025
Jan 20, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 16, 2025
Jan 16, 2025Closure of Trading WindowDec 27, 2024
Dec 27, 2024Technical Indicators
RSI(14)
Neutral 64.83
ATR(14)
Less Volatile 191.52
STOCH(9,6)
Neutral 34.29
STOCH RSI(14)
Oversold 15.41
MACD(12,26)
Bearish -47.17
ADX(14)
Strong Trend 49.87
UO(9)
Bearish 47.53
ROC(12)
Uptrend And Accelerating 5.68
WillR(14)
Neutral -54.37
Mutual Fund Holdings
HDFC Balanced Advantage Fund Direct-Growth 
Mahindra Manulife Multi Cap Fund Direct - Growth 
Motilal Oswal Nifty India Defence Index Fund Direct-Growth 
Samco Active Momentum Fund Direct - Growth 
Shriram Multi Sector Rotation Fund Direct-Growth 
Aditya Birla Sun Life Nifty India Defence Index Fund Direct-Growth 
Nippon India Nifty Smallcap 250 Index Fund Direct - Growth 
SBI Nifty Smallcap 250 Index Fund Direct - Growth 
Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund Direct-Growth 
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund Direct-Growth 
ICICI Prudential Nifty Smallcap 250 Index Fund Direct - Growth 
Navi Nifty Smallcap250 Momentum Quality 100 Index Fund Direct - Growth 
Kotak Nifty Smallcap 250 Index Fund Direct-Growth 
Axis Nifty 500 Index Fund Direct-Growth 
Groww Nifty Smallcap 250 Index Fund Direct - Growth 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(6 Years,
39 days)
Website
Chairperson NameHari P R
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