Garden Reach Shipbuilders and Engineers Ltd (GRSE) has reported impressive financial results for Q1, surpassing analyst expectations and demonstrating robust growth across key metrics.

Q1 Financial Performance

GRSE reported the following results for Q1:

Key Highlights

• Revenue increased by 29.70% year-over-year, reaching ₹1,310.00 crore.
• Net profit rose by 37.61% to ₹120.00 crore from ₹87.20 crore in the same period last year.
• EBITDA nearly doubled to ₹112.00 crore from ₹56.30 crore.
• EBITDA margin improved significantly to 8.55% from 5.57% in the previous year.

Market Performance

• The company's shares were trading 0.85% lower at ₹2,525.40.
• Over the past 12 months, the stock has gained 21.31%.
• Year-to-date, the stock has surged 56.57%.

Analyst Recommendations

Among five analysts covering the stock:

• Three recommend 'buy'
• Two suggest 'sell'
• The average 12-month price target indicates a potential 1.2% downside.

Factors Contributing to Growth

While specific details were not provided, the strong performance is likely attributed to:

1. Advanced execution of ongoing projects.
2. Improved operational efficiency, as reflected in the expanded EBITDA margin.

Outlook and Future Projects

Investors and analysts will continue to focus on:

1. The award date for Next-gen Corvettes, a project valued at over ₹25,000.00 crore.
2. Progress on the execution of Anti-Submarine Warfare (ASW) Shallow Water Crafts.

Order Book and Execution

As of the previous quarter, Garden Reach Shipbuilders maintained a robust order book of ₹22,680.00 crore. The company's management has previously expressed optimism, anticipating peak execution by the end of the current financial year.

The strong Q1 results suggest that GRSE is on track to meet or potentially exceed these expectations.

These results demonstrate Garden Reach Shipbuilders' continued growth and operational improvements, positioning the company favorably in the shipbuilding sector.

Garden Reach Shipbuilders and Engineers Ltd. (GRSE), a Kolkata-based public sector undertaking operating under the Ministry of Defence, is set to announce its quarterly results on Friday, August 8, 2025. The company, known for its expertise in designing and manufacturing warships for the Indian Navy and Coast Guard, has closed its trading window for designated persons since July 1, which will reopen 48 hours after the results announcement.

Previous Quarter Performance

GRSE demonstrated robust performance in the previous quarter:

Stock Performance

The company's stock has shown significant movement:

• Last 6 months: Gained 71.13%
• Year-to-date: Up 58.03%
• Past month: Declined 9.83%

GRSE's stock reached a 52-week high of Rs 3,538.40 on June 23, 2025.

Upcoming Results

As the company prepares to release its latest quarterly results, investors and analysts will be keen to see if GRSE can maintain its strong performance trajectory. The closure of the trading window for designated persons, a standard practice to prevent insider trading, underscores the significance of the upcoming announcement.

Given GRSE's strategic importance in India's defense sector and its recent financial success, the Q1 results will be closely watched for insights into the company's ongoing projects, order book status, and overall financial health.

Stakeholders will likely pay attention to key metrics such as revenue growth, profit margins, and any updates on new contracts or projects with the Indian Navy and Coast Guard. The results may also provide indications of how global economic conditions and defense spending trends are impacting the shipbuilding industry in India.

Investors are advised to consider the broader market context and company fundamentals when interpreting the upcoming quarterly results.