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Garden Reach Shipbuilders & Engineers Ltd

Garden Reach Shipbuilders & Engineers

Large Cap1,690 EmployeesIPO 2018
Current Price
2499.00
27.9 (1.13%)Updated
NSE :GRSE
BSE :542011
Today's Range
2451.10
2499.00
union icon
2540.00
52 Week Range
52W Low1282.70
52W High3538.40
2499.00
union icon
Downside94.82%
Upside41.59%

Price Chart

Compare with Peers

Historical Ratios

Track top 12 most important financial ratios

P/E Ratio: Price to Earnings - Most used valuation metric

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Analyzing Investment Quality

Processing 9 key metrics...

Key Metrics

Hover for details

Valuation

Market Cap
27,924.91 Cr
Market Cap
Total market value of company
P/E Ratio
40.53
P/E Ratio
Price to Earnings. Lower is generally better (<25 is good)
P/B Ratio
12.62
P/B Ratio
Price to Book Value. <3 may indicate undervaluation
EPS
60.15
EPS
Earnings Per Share. Higher and growing is positive

Profitability

ROE
18.20%
ROE
Return on Equity. >15% is good, >20% is excellent
ROCE
36.60%
ROCE
Return on Capital Employed. >15% is good
Net Margin
10.56%
Net Margin
Net profit as % of revenue. >10% is good
Operating Margin
-%
Operating Margin
Operating profit margin. >15% is good

Growth

EPS Growth (5Y)
26.49%
EPS Growth (5Y)
5-year EPS growth. >15% is strong
Revenue Growth (5Y)
28.77%
Revenue Growth (5Y)
5-year revenue growth. >10% is good
Qtr Sales Growth
29.70%
Qtr Sales Growth
Quarter-over-quarter sales growth
Qtr Profit Growth
37.80%
Qtr Profit Growth
Quarter-over-quarter profit growth

Financial Health

Debt/Equity
-
Debt/Equity
Financial leverage. <1 is good, <0.5 is excellent
Book Value
181.51
Book Value
Net asset value per share
Dividend Yield
0.57%
Dividend Yield
Annual dividend as % of price. >2% is good
Promoter Holding
74.50%
Promoter Holding
Promoter stake. >50% shows confidence
Good
Average
Needs Attention

SWOT Analysis

Strengths

3 points
  • GRSE exhibits strong profitability with a Return on Equity (ROE) of 27.60% and Return on Capital Employed (ROCE) of 36.60%, showcasing efficient capital utilization and high returns. This is further supported by a substantial 37.80% quarterly profit increase.
  • The company demonstrates robust growth, marked by a significant 29.70% surge in quarterly sales, indicating strong market demand and successful expansion within the competitive aerospace and defense sector.

Weaknesses

4 points
  • GRSE's Price-to-Earnings (PE) ratio of 52.60 is considerably higher than the sector average of 55.92, suggesting potential overvaluation. This poses a risk if earnings growth doesn't meet market expectations.
  • While the reported debt-to-equity ratio is 0.00, independent verification is crucial. Unreported debt or future debt accumulation could negatively impact the company's financial health and profitability.

Opportunities

3 points
  • The company operates in the "Aerospace & Defense" sector, which is likely to benefit from increased government spending and 'Make in India' initiatives, driving future order book growth and revenue expansion.
  • Consistent strong quarterly sales growth of 29.70% and profit growth of 37.80% suggest robust underlying demand, indicating potential for further market share gains and expansion into new segments.

Threats

3 points
  • Intense competition from established players like HAL and BEL in the defense sector could pressure GRSE's market share and profit margins, requiring continuous innovation and cost efficiency.
  • The highly regulated nature of the aerospace and defense industry exposes GRSE to policy changes, delays in government approvals, or budget cuts, potentially impacting project timelines and revenue.

Segment-wise Financial Analysis

Financial Results

Balance Sheet

StandaloneAnnualAll amounts in ₹ Crores • CA Schedule III Format

No Balance Sheet Data Available

Standalone annual data is not available for this symbol.
Try switching to Consolidated view.

Shareholding Pattern

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Company Insider Trading Activity

No insider trading data available

Corporate Action

Company Announcements

Technical Analysis & Indicators

Standard pivot points - most widely used

Pivot Points (CLASSIC)

LevelPriceDistance% Change
R42720.10+₹221.10+8.85%
R32631.20+₹132.20+5.29%
R22585.60+₹86.60+3.47%
R12542.30+₹43.30+1.73%
PIVOT2496.70-2.30-0.09%
CURRENT2499.00--
S12275.60-₹223.40-8.94%
S22364.50-₹134.50-5.38%
S32407.80-₹91.20-3.65%
S42453.40-₹45.60-1.82%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: N/AP: N/ATC: N/A
R1
R2
R3
R4
indicator
LTP: N/A
PDH: N/A
PDL: N/A
● Market Sentiment

is trading CPR, indicating

● CPR Width

CPR is

● Opening Range

Day's range: ~

● Price Position

Trading Inside opening range

Delivery Volume Analysis & Trading Activity

Latest Volume
1.12M
(09 Mar 2026)
+6.4% vs avg
Delivery %
21.9%
(09 Mar 2026)
-4.1% vs avg
Avg Volume (20D)
1.05M
(09 Feb - 09 Mar)
20-day average
Avg Delivery %
26.0%
(09 Feb - 09 Mar)
Trend ↓
Delivery % indicates the percentage of traded volume that resulted in actual delivery. Higher delivery % (>50%) suggests genuine buying interest and stronger hands.

Peer Comparison & Industry Benchmarking

Quick Compare

Largest by Market Cap
Bharat Electronics Ltd
3.27L ₹ Cr
Best Profit Growth
Rossell Techsys Ltd
182.00 %
Highest Dividend Yield
Mazagon Dock Shipbuilders Ltd
1.12 %

Peer Comparison

Company Name
APOLLO
Apollo Micro Systems Ltd
BDL
Bharat Dynamics Ltd
BEL
Bharat Electronics Ltd
DATAPATTNS
Data Patterns (India) Ltd
DCXINDIA
DCX Systems Ltd
HAL
Hindustan Aeronautics Ltd
MAZDOCK
Mazagon Dock Shipbuilders Ltd
PARAS
Paras Defence and Space Technologies Ltd
ROSSTECH
Rossell Techsys Ltd
UNIMECH
Unimech Aerospace and Manufacturing Ltd
ZENTEC
Zen Technologies Ltd

About

GRSE

Garden Reach Shipbuilders & Engineers Ltd

Garden Reach Shipbuilders & Engineers Limited (GRSE) is a prominent Indian shipbuilding company with a long history, established in 1884 and headquartered in Kolkata. Its core business revolves around the design and construction of a diverse range of vessels primarily for the Indian Navy and Coast Guard, as well as other governmental clients both domestically and potentially internationally.

GRSE's shipbuilding capabilities encompass a wide spectrum of naval vessels. This includes major warships such as frigates and corvettes equipped for anti-submarine warfare and missile deployment. They also construct various support vessels, including landing ships, survey vessels, fleet replenishment tankers, and patrol vessels of different sizes and capabilities, ranging from inshore to offshore patrol vessels and high-speed interceptor boats. Beyond naval applications, GRSE builds commercial vessels like ferries (both passenger and cargo) and hovercrafts.

In addition to its shipbuilding expertise, GRSE offers a comprehensive range of services related to naval and marine technology. This includes the design and production of autonomous underwater vehicles (AUVs), unmanned surface and aerial vessels, and naval surface guns, demonstrating a commitment to advanced technologies within the defense sector. They also provide equipment like portable bridges and a variety of deck machinery, including winches, capstans, and davits for various shipboard operations.

GRSE’s services extend beyond new construction. The company undertakes the assembling, overhauling, and testing of marine diesel engines, playing a crucial role in the maintenance and upkeep of both military and commercial vessels. Furthermore, they provide essential dry-docking facilities and offer afloat maintenance, refit, and repair services for a broad range of ships, ensuring the continued operational readiness of the naval and commercial fleets they serve.

COMPANY FACTS - GRSE

Registered Address

GRSE Bhavan, 61, Garden Reach Road

Kolkata

WEST BENGAL

IN

Company Details

Group: Capital Goods

Sector: Industrials

Industry: Aerospace & Defense

Exchange: NATIONAL STOCK EXCHANGE OF INDIA

Employees: 1,690

IPO Date: 10/10/2018

MANAGEMENT - GRSE

Comdr. (Retd.) Hari R.

Chairman of the Board, Managing Director

Shri. Niranjan Bhalerao

Chief Financial Officer, Director (Finance)

Mr. Sandeep Mahapatra

Company Secretary, Compliance Officer

Mr. Vinith Aerat

Chief General Manager - B&TD, CC & NPD

Lt. Col. (Retd.) Sanjay Anand

General Manager - Security, Fire & OL

Shri. Sujoy Chakravorty

Chief General Manager - Commercial

Mr. Indrajit Dasgupta

Chief General Manager (SR&TU)

Smt. Aparajita Ghosh

General Manager (Finance)

Mr. Satish Jha

General Manager - RBD Unit

Mr. Gautam Karmakar

General Manager - FOJ

Mr. Harish Kumar

General Manager, Regional Office, Delhi

Mr. Rajat Manchanda

Chief General Manager - Planning SVL & ASW SWC

Investor Questions Answered

Garden Reach Shipbuilders & Engineers Ltd (GRSE) Stock FAQs

Get answers to the most common questions about Garden Reach Shipbuilders & Engineers Ltd stock price, fundamentals, financial metrics, and investment analysis

The current share price of Garden Reach Shipbuilders & Engineers Ltd (GRSE) is ₹2,499. Today, the stock has gained by ₹27.90 (1.13%), trading in a range of ₹2,451.1 to ₹2,540. The stock opened at ₹2,520 with a trading volume of 8,92,058 shares.
Garden Reach Shipbuilders & Engineers Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹27,924.91 crores, P/E ratio of 40.53, ROE of 18.20%, and ROCE of 36.60%. The dividend yield stands at 0.57%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
The 52-week high price of Garden Reach Shipbuilders & Engineers Ltd (GRSE) is ₹3,538.4, while the 52-week low is ₹1,282.7. Currently trading at ₹2,499, the stock is 53.9% away from its 52-week low and 29.4% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
Whether to buy Garden Reach Shipbuilders & Engineers Ltd stock at ₹2,499 depends on multiple factors. The stock is currently trading with a P/E ratio of 40.53 and P/B ratio of N/A. Today's performance shows a gain of 1.13%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
Garden Reach Shipbuilders & Engineers Ltd offers a dividend yield of 0.57%, which means for every ₹100 invested at the current price of ₹2,499, you can expect to receive approximately ₹0.57 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
Garden Reach Shipbuilders & Engineers Ltd's key financial metrics include: P/E Ratio: 40.53, P/B Ratio: N/A, ROE: 18.20%, ROCE: 36.60%, Dividend Yield: 0.57%, EPS: ₹60.15, Book Value: ₹181.51, Debt-to-Equity: 0.00, and Current Ratio: N/A. The company's market cap stands at ₹27,924.91 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
Garden Reach Shipbuilders & Engineers Ltd stock opened at ₹2,520 and is currently trading at ₹2,499, showing a gain of ₹27.90 (1.13%). The intraday high is ₹2,540 and low is ₹2,451.1. The trading volume stands at 8,92,058 shares, indicating moderate market participation today.
Garden Reach Shipbuilders & Engineers Ltd has a Price-to-Earnings (P/E) ratio of 40.53, which means investors are willing to pay ₹40.53 for every ₹1 of earnings. With an EPS of ₹60.15, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
Garden Reach Shipbuilders & Engineers Ltd has a market capitalization of ₹27,924.91 crores, making it a mid-cap company. Market cap is calculated by multiplying the current stock price (₹2,499) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.
Garden Reach Shipbuilders & Engineers Ltd has a book value of ₹181.51 per share and a Price-to-Book (P/B) ratio of N/A. The current market price is ₹2,499, which is 1276.8% above the book value. A P/B ratio below 1 may indicate undervaluation or asset quality concerns.
Garden Reach Shipbuilders & Engineers Ltd has a Return on Equity (ROE) of 18.20% and Return on Capital Employed (ROCE) of 36.60%. ROE measures how efficiently the company generates profits from shareholders' equity, while ROCE indicates how well the company uses its capital to generate profits. Both metrics are strong, indicating efficient capital utilization. Higher percentages generally indicate better financial performance.
Garden Reach Shipbuilders & Engineers Ltd operates in the diversified sector and belongs to the general industry. The company competes with other players in this space and its performance is influenced by sector-specific trends, regulatory changes, and market dynamics. Understanding the sector helps investors assess growth potential, cyclical patterns, and industry-specific risks that may impact the stock's performance.
Garden Reach Shipbuilders & Engineers Ltd has a debt-to-equity ratio of 0.00, which measures the company's financial leverage by comparing total debt to shareholders' equity. A low ratio suggests conservative financing with minimal debt. Lower ratios generally indicate lower financial risk, but optimal levels vary by industry.
Garden Reach Shipbuilders & Engineers Ltd has an Earnings Per Share (EPS) of ₹60.15, which represents the company's profit allocated to each outstanding share. With a current stock price of ₹2,499 and P/E ratio of 40.53, investors are paying 40.53 times the annual earnings per share. This strong EPS indicates robust profitability. Track EPS growth over quarters to assess earnings momentum.
Garden Reach Shipbuilders & Engineers Ltd has reported a sales growth of N/A% and profit growth of N/A%. The company may be facing growth challenges or operating in a mature market. Consistent growth over multiple quarters is a positive indicator for long-term investors. Compare these growth rates with industry peers for better perspective.
Garden Reach Shipbuilders & Engineers Ltd has a current ratio of N/A, which measures the company's ability to pay short-term obligations with current assets. A ratio below 1 may indicate potential liquidity concerns. This metric is crucial for assessing the company's working capital management and financial safety.
To analyze Garden Reach Shipbuilders & Engineers Ltd stock, consider: 1) Fundamental Analysis - Review P/E (40.53), ROE (18.20%), debt-to-equity (0.00), and growth rates. 2) Technical Analysis - Check 52-week range (₹1282.70 - ₹3538.40), moving averages, and chart patterns. 3) Valuation - Compare current price (₹2499.00) with book value (₹181.51) and industry peers. 4) Financial Health - Assess current ratio (N/A) and cash flows. 5) Growth Prospects - Evaluate sales growth (N/A%) and profit growth (N/A%). Always diversify and consult a financial advisor.
The face value (or par value) of Garden Reach Shipbuilders & Engineers Ltd share is ₹10.00. Face value is the nominal value of a share as stated in the company's charter and is used for accounting purposes and calculating dividends. The current market price of ₹2,499 is 24890x the face value. Face value remains constant unless the company undergoes a stock split or bonus issue, while market price fluctuates based on demand and supply.
Investing in Garden Reach Shipbuilders & Engineers Ltd carries several risks: 1) Market Risk - Stock price volatility (52-week range: ₹1282.70 - ₹3538.40). 2) Business Risk - Industry-specific challenges in the sector. 3) Financial Risk - Debt-to-equity ratio of 0.00 indicates leverage. 4) Liquidity Risk - Based on trading volume of 8,92,058 shares. 5) Valuation Risk - P/E of 40.53 may indicate over/undervaluation. 6) Economic Risk - Macroeconomic factors affecting the industry. Diversify your portfolio and invest only what you can afford to lose.
Garden Reach Shipbuilders & Engineers Ltd operates in the industry with key metrics: P/E ratio of 40.53, ROE of 18.20%, market cap of ₹27,924.91 crores, and dividend yield of 0.57%. To make an informed comparison, analyze these metrics against industry peers considering factors like revenue growth (N/A%), profit margins, debt levels (D/E: 0.00), and market position. Use our peer comparison tool on this page to see detailed side-by-side analysis with competitors.
Target prices for Garden Reach Shipbuilders & Engineers Ltd vary among analysts and depend on multiple factors including earnings projections, industry trends, and market conditions. The stock is currently trading at ₹2,499, with a 52-week range of ₹1282.70 to ₹3538.40. Based on fundamentals like P/E (40.53), ROE (18.20%), and growth rates, analysts may have different target prices. Always refer to recent research reports from reputed brokerages and make decisions based on your own analysis and risk appetite.
Consider selling Garden Reach Shipbuilders & Engineers Ltd stock when: 1) Target Price Achieved - If the stock reaches your predetermined target from current ₹2499.00. 2) Fundamental Deterioration - Declining ROE (currently 18.20%), increasing debt (D/E: 0.00), or falling growth rates. 3) Better Opportunities - Finding stocks with superior risk-reward ratios. 4) Portfolio Rebalancing - When the stock becomes overweight in your portfolio. 5) Changed Investment Thesis - If reasons for buying no longer hold. 6) Stop Loss - If price falls below your risk threshold. Always base decisions on thorough analysis rather than emotions.
Tax implications for Garden Reach Shipbuilders & Engineers Ltd stock investments: 1) Short-term Capital Gains (STCG) - If sold within 1 year, gains taxed at 15% plus cess. 2) Long-term Capital Gains (LTCG) - If held over 1 year, gains above ₹1 lakh taxed at 10% without indexation. 3) Dividend Income - Dividends (current yield: 0.57%) are taxable as per your income tax slab. 4) Securities Transaction Tax (STT) - Applicable on both buy and sell transactions. 5) Intraday Trading - Treated as speculative income, taxed as per slab. Tax laws change periodically, so consult a tax advisor for personalized guidance and latest regulations.