Garden Reach Shipbuilders & Engineers Limited has officially notified the stock exchanges about the superannuation of Cdr Harish Kumar, General Manager (RO - Delhi). The disclosure was made under Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Superannuation Details

According to the official communication dated 30 Apr 2026, Cdr Harish Kumar will superannuate on 30 Apr 2026. Consequently, he will cease to hold office in the company with effect from 01 May 2026. The announcement was signed by Sandeep Mahapatra, Company Secretary and Compliance Officer.

Company Information

Garden Reach Shipbuilders & Engineers Limited is a Government of India undertaking under the Ministry of Defence. The company maintains its Corporate Identification Number (CIN) as L35111WB1934GOI007891. The official communication was addressed to both the National Stock Exchange of India Limited and BSE Limited for their information and record purposes.

Regulatory Compliance

The intimation fulfills the company's obligations under SEBI Listing Regulations for disclosing changes in senior management positions. The company secretary's digital signature was affixed to the document on 30 Apr 2026 at 17:53:19 +05'30', ensuring proper authentication and compliance with regulatory requirements.

Garden Reach Shipbuilders & Engineers has delivered exceptional financial performance in FY26, achieving its highest-ever revenue and profit. The defense shipbuilding company recorded landmark results with significant growth across all major financial parameters, reflecting robust operational efficiency and strong demand in the maritime defense sector. The Board of Directors approved the audited financial results at its meeting held on 28 Apr 2026.

Record-Breaking Annual Performance

The company's FY26 results demonstrate unprecedented growth momentum across key financial metrics:

Strong Q4 Quarter Results

The fourth quarter performance continued the strong momentum with robust growth across all parameters. The latest data shows impressive margin expansion alongside revenue growth:

Operational Excellence and Delivery Performance

Commenting on the results, Cmde PR Hari, Chairman and Managing Director, stated that FY26 marks a landmark year for GRSE wherein robust physical performance has been translated into strong financial results. During the year, the company delivered 8 warships, achieving a delivery rate of one ship every one and a half months, representing a credible achievement by industry standards.

Shareholder Returns and Dividend Declaration

Reflecting its strong financial performance and cash generation capabilities, the Board of Directors has recommended a final dividend of ₹6.70 per equity share for FY26, subject to the approval of the shareholders at the ensuing Annual General Meeting. The final dividend would be paid within 30 days from the date of its declaration at the 110th AGM of the Company.

Financial Health and Key Ratios

The company's financial health indicators show strong performance across multiple parameters:

The comprehensive financial performance across revenue growth, margin expansion, and profitability improvement positions Garden Reach Shipbuilders & Engineers favorably for continued growth in the defense shipbuilding sector.