Garden Reach Shipbuilders & Engineers, 542011, GRSE Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

21,325.57
26.64
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

17,937.48
1.05%
7.62

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

22.48
31.89
24.91

EBITDA CAGR (%)

10 Years
5 Years
3 Years

-
41.53
27.39

PAT CAGR (%)

10 Years
5 Years
3 Years

51.87
31.59
27.92

P:E (Median)

8 Years
5 Years
3 Years

21.95
36.24
44.35

P:BV (Average)

8 Years
5 Years
3 Years

6.37
7.85
10.77

EV:EBITDA (Average)

8 Years
5 Years
3 Years

11.20
17.95
25.72

Earnings Forecasts:

(Updated: 24-10-2026)

Description 2026 2027 2028 2029
Adj EPS 65.29 79.36 88.34 89.86
P/E Ratio 28.50 23.45 21.07 20.71
Revenue 7002.16 8643.27 9347.69 8217.02
EBITDA 795.3 915.01 980.18 776.1
Net Income 747.93 908.91 1011.85 1029.06
ROA 7.13 - - -
P/B Ratio 8.12 6.43 5.27 4.32
ROE 31.79 29.03 26.46 24.15
FCFF -134.1 3366.14 202.58 -230
FCFF Yield -0.7 17.67 1.06 -1.21
Net Debt -3350.7 5210.2 6549.55 -
BVPS 229.25 289.57 352.96 430.3

Quarterly Results

Standalone Figures in Rs. Crores /

Consolidated

Description Jun 26 Jun 25 Var% Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var%
Net Sales 1,814.62 1,309.87 38.53% 2,119.21 1,642.04 29.06% 1,895.69 1,271.01 49.15% 1,677.38 1,152.92 45.49%
Expenses 1,665.39 1,197.96 39.02% 1,763.91 1,421.33 24.10% 1,723.77 1,195.44 44.20% 1,521.22 1,084.19 40.31%
EBITDA 149.23 111.91 33.35% 355.30 220.71 60.98% 171.93 75.57 127.51% 156.16 68.74 127.17%
EBIDTM 8.22% 8.54% 16.77% 13.44% 9.07% 5.95% 9.31% 5.96%
Other Income 99.57 72.55 37.24% 71.15 114.21 -37.70% 62.00 71.84 -13.70% 68.69 74.91 -8.30%
Interest 3.76 6.09 -38.26% 2.62 1.36 92.65% 3.79 2.31 64.07% 3.62 2.41 50.21%
Depreciation 13.50 11.65 15.88% 12.99 10.01 29.77% 12.37 11.33 9.18% 11.87 10.71 10.83%
PBT 231.53 166.72 38.87% 410.85 323.55 26.98% 217.77 133.76 62.81% 209.36 130.53 60.39%
Tax 58.69 46.54 26.11% 107.65 79.30 35.75% 46.99 35.58 32.07% 55.57 32.76 69.63%
PAT 172.84 120.18 43.82% 303.20 244.25 24.14% 170.77 98.19 73.92% 153.79 97.77 57.30%
PATM 9.52% 9.17% 14.31% 14.87% 9.01% 7.72% 9.17% 8.48%
EPS 15.08 10.49 43.76% 26.46 21.31 24.17% 14.90 8.57 73.86% 13.42 8.53 57.33%

Description Jun 26 Jun 25 Var% Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var%
Net Sales 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Expenses 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
EBITDA 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
EBIDTM 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Other Income 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Interest 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Depreciation 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PBT 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Tax 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PAT 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PATM 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0

Annual Results

Standalone Figures in Rs. Crores

Description TTM Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Net Sales 7,506.90 7,002.16 5,075.69 3,592.64 2,561.15 1,754.45 1,140.84 1,433.30 1,386.42 1,347.76 921.77 Net Sales Growth 39.64% 37.95% 41.28% 40.27% 45.98% 53.79% -20.40% 3.38% 2.87% 46.21% Cost Of Goods Sold 4,682.43 1,010.11 521.11 504.38 596.11 177.57 189.57 103.85 140.67 259.68 462.48 Gross Profit 2,824.47 5,992.06 4,554.58 3,088.26 1,965.04 1,576.88 951.27 1,329.44 1,245.76 1,088.08 459.29 GP Margin 37.62% 85.57% 89.73% 85.96% 76.72% 89.88% 83.38% 92.75% 89.85% 80.73% 49.83% Total Expenditure 6,674.29 6,200.56 4,648.88 3,353.70 2,408.19 1,613.30 1,059.51 1,391.35 1,344.30 1,366.52 1,082.88 Power & Fuel Cost - 12.82 11.83 9.83 8.89 8.63 6.30 8.45 8.71 9.69 10.52 % Of Sales - 0.18% 0.23% 0.27% 0.35% 0.49% 0.55% 0.59% 0.63% 0.72% 1.14% Employee Cost - 412.85 360.85 348.93 316.91 290.29 269.38 296.94 291.47 298.60 285.78 % Of Sales - 5.90% 7.11% 9.71% 12.37% 16.55% 23.61% 20.72% 21.02% 22.16% 31.00% Manufacturing Exp. - 4,283.21 3,539.27 2,319.22 1,367.57 1,050.75 452.83 819.71 782.18 630.50 136.09 % Of Sales - 61.17% 69.73% 64.55% 53.40% 59.89% 39.69% 57.19% 56.42% 46.78% 14.76% General & Admin Exp. - 427.77 187.64 137.10 93.92 65.30 102.62 114.42 81.81 108.61 56.88 % Of Sales - 6.11% 3.70% 3.82% 3.67% 3.72% 9.00% 7.98% 5.90% 8.06% 6.17% Selling & Distn. Exp. - 7.10 5.13 6.64 4.87 4.10 3.87 9.19 5.08 6.42 10.99 % Of Sales - 0.10% 0.10% 0.18% 0.19% 0.23% 0.34% 0.64% 0.37% 0.48% 1.19% Miscellaneous Exp. - 46.70 23.05 27.59 19.91 16.66 34.94 38.78 34.40 53.02 10.99 % Of Sales - 0.67% 0.45% 0.77% 0.78% 0.95% 3.06% 2.71% 2.48% 3.93% 13.03% EBITDA 832.62 801.60 426.81 238.94 152.96 141.15 81.33 41.95 42.12 -18.76 -161.11 EBITDA Margin 11.09% 11.45% 8.41% 6.65% 5.97% 8.05% 7.13% 2.93% 3.04% -1.39% -17.48% Other Income 301.41 274.39 334.84 299.62 201.84 161.32 185.72 225.50 171.24 183.15 216.99 Interest 13.79 22.42 15.86 16.32 10.40 1.83 10.10 2.88 5.11 7.69 9.12 Depreciation 50.73 48.87 42.49 41.33 39.17 35.71 29.09 30.09 27.08 28.96 26.65 PBT 1,069.51 1,004.70 703.29 480.92 305.22 264.93 227.87 234.48 181.16 127.75 20.12 Tax 268.90 256.76 175.89 123.65 77.09 67.71 53.65 60.39 69.02 35.35 8.65 Tax Rate 25.14% 25.56% 25.01% 25.71% 25.26% 26.32% 25.90% 26.98% 38.57% 27.67% 42.99% PAT 800.60 747.93 527.40 357.27 228.12 189.53 153.47 163.48 109.94 92.40 11.46 PAT before Minority Interest 800.60 747.93 527.40 357.27 228.12 189.53 153.47 163.48 109.94 92.40 11.46 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 10.66% 10.68% 10.39% 9.94% 8.91% 10.80% 13.45% 11.41% 7.93% 6.86% 1.24% PAT Growth 42.86% 41.81% 47.62% 56.61% 20.36% 23.50% -6.12% 48.70% 18.98% 706.28% EPS 69.86 65.26 46.02 31.18 19.91 16.54 13.39 14.27 9.59 8.06 1.00

Results Balance Sheet

Standalone Figures in Rs. Crores

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Shareholder's Funds 2,626.12 2,079.26 1,673.44 1,413.82 1,257.89 1,137.12 1,040.23 1,038.31 1,021.54 1,083.14 Share Capital 114.55 114.55 114.55 114.55 114.55 114.55 114.55 114.55 114.55 123.84 Total Reserves 2,511.57 1,964.71 1,558.89 1,299.27 1,143.34 1,022.57 925.68 923.76 906.98 959.30 Non-Current Liabilities 426.66 320.15 349.12 223.70 321.20 238.21 274.63 83.17 80.12 62.13 Secured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 25.00 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 371.03 288.52 319.02 191.78 292.49 223.47 254.35 64.32 60.79 11.71 Current Liabilities 7,859.28 8,149.25 8,456.35 9,240.86 6,256.32 5,548.48 4,247.02 3,068.45 3,217.35 3,421.36 Trade Payables 1,827.73 1,151.41 992.42 1,173.87 411.69 782.72 546.78 370.09 688.83 367.96 Other Current Liabilities 5,818.20 6,943.61 7,370.30 7,737.02 5,682.17 4,603.85 3,547.65 2,557.55 2,385.19 2,904.39 Short Term Borrowings 0.00 0.00 55.58 301.17 0.00 0.00 0.00 0.00 0.00 0.00 Short Term Provisions 213.35 54.23 38.04 28.80 162.46 161.92 152.59 140.81 143.33 149.01 Total Liabilities 10,912.06 10,548.66 10,478.91 10,878.38 7,835.41 6,923.81 5,561.88 4,189.93 4,319.01 4,566.63 Net Block 576.14 515.16 492.57 507.61 500.65 340.20 303.69 302.25 389.17 358.34 Gross Block 924.26 816.18 754.21 729.70 687.03 496.14 430.81 399.59 472.33 412.63 Accumulated Depreciation 348.12 301.02 261.64 222.09 186.37 155.94 127.12 97.33 83.16 54.29 Non Current Assets 1,215.45 1,024.47 1,033.13 912.55 2,009.05 1,446.35 754.22 618.49 1,809.04 1,278.30 Capital Work in Progress 23.78 28.00 24.76 6.04 9.66 151.30 51.52 34.19 16.03 23.18 Non Current Investment 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Loans & Adv. 405.11 395.00 433.15 315.95 365.03 268.02 330.22 107.68 101.27 108.90 Other Non Current Assets 210.43 86.31 82.65 82.94 1,133.71 686.83 68.79 174.36 1,302.57 787.87 Current Assets 9,696.51 9,524.14 9,445.62 9,965.75 5,825.90 5,477.02 4,807.14 3,571.01 2,509.60 3,287.96 Current Investments 0.00 0.00 0.00 233.66 196.68 825.82 54.00 1.83 0.00 0.00 Inventories 3,402.17 3,552.25 3,984.44 2,918.50 1,172.27 787.87 441.02 349.57 513.10 485.89 Sundry Debtors 1,220.87 259.46 194.21 50.84 151.34 178.14 535.28 219.86 202.06 198.86 Cash & Bank 3,388.09 3,731.85 3,720.34 4,327.81 2,557.74 2,281.17 2,611.32 1,989.40 1,022.15 1,620.26 Other Current Assets 1,685.38 154.20 191.11 176.25 1,747.87 1,404.01 1,165.51 1,010.35 772.29 982.94 Short Term Loans & Adv. 1,483.71 1,826.38 1,355.53 2,258.68 1,679.77 1,311.40 962.07 760.30 707.47 859.83 Net Current Assets 1,837.23 1,374.89 989.27 724.89 -430.42 -71.46 560.12 502.56 -707.75 -133.40 Total Assets 10,911.96 10,548.61 10,478.75 10,878.30 7,834.95 6,923.37 5,561.36 4,189.50 4,318.64 4,566.26

Cash Flow

Standalone Figures in Rs. Crores

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Cash From Operating Activity -289.72 15.59 -706.89 1,450.23 -355.70 515.28 627.84 -111.67 -74.02 -191.22 PBT 1,004.70 703.29 480.92 305.22 257.24 207.12 223.87 178.96 127.75 20.12 Adjustment -188.08 -242.54 -224.26 -140.02 -102.84 -119.39 -182.50 -137.76 -139.12 -174.37 Changes in Working Capital -849.57 -269.28 -839.90 1,362.13 -442.39 481.19 461.89 -278.79 -99.54 42.06 Cash after chg. in Working capital -32.96 191.47 -583.24 1,527.33 -287.98 568.92 503.25 -237.58 -110.91 -112.19 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -256.76 -175.89 -123.65 -77.09 -67.71 -53.65 124.58 125.91 36.90 -79.03 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity 526.57 169.78 1,055.70 -1,666.29 428.58 -1,172.73 244.95 197.81 267.37 226.82 Net Fixed Assets -103.86 -65.21 -43.23 -39.05 -49.25 -165.11 -48.55 54.58 -52.55 -42.03 Net Investments 0.00 0.00 233.66 -36.98 629.14 -771.82 -52.17 -1.83 0.00 0.00 Others 630.43 234.99 865.27 -1,590.26 -151.31 -235.80 345.67 145.06 319.92 268.85 Cash from Financing Activity -223.46 -186.75 -357.52 220.33 -72.49 -62.45 -152.83 -88.75 -193.31 -50.00 Net Cash Inflow / Outflow 13.38 -1.39 -8.72 4.27 0.39 -719.91 719.95 -2.62 0.04 -14.40 Opening Cash & Equivalents 3.88 5.27 13.99 9.71 9.32 729.23 9.27 11.89 11.85 26.25 Closing Cash & Equivalent 17.27 3.88 5.27 13.99 9.71 9.32 729.23 9.27 11.89 11.85

Financial Ratios

Standalone

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Book Value (Rs.) 229.25 181.51 146.09 123.42 109.81 99.27 90.81 90.64 89.18 874.63 ROA 6.97% 5.02% 3.35% 2.44% 2.57% 2.46% 3.35% 2.58% 2.08% 0.25% ROE 31.79% 28.11% 23.14% 17.08% 15.83% 14.10% 15.73% 10.67% 8.78% 1.03% ROCE 43.66% 37.77% 28.88% 21.23% 21.63% 19.95% 21.82% 17.87% 12.72% 2.61% Fixed Asset Turnover 8.05 6.46 4.84 3.62 2.97 2.46 3.45 3.18 3.05 2.37 Receivable days 38.58 16.31 12.45 14.41 34.27 114.13 96.15 55.54 54.21 69.26 Inventory Days 181.26 270.99 350.66 291.50 203.90 196.59 100.67 113.56 135.08 223.96 Payable days 538.26 750.80 783.83 485.42 1227.57 1279.93 130.55 153.44 156.15 175.20 Cash Conversion Cycle -318.42 -463.50 -420.72 -179.52 -989.41 -969.22 66.27 15.65 33.14 118.03 Total Debt/Equity 0.00 0.00 0.03 0.21 0.00 0.00 0.00 0.00 0.00 0.02 Interest Cover 45.81 45.34 30.47 30.34 141.55 21.52 78.82 36.00 17.61 3.21

Top Investors:

llp

Annual Reports:

News Update:

Garden Reach Shipbuilders gets nod for capital budgetary outlay of Rs 2896 crore
22nd Sep 2026, 12:58 PM

The Board of Directors of the company at their meeting held on September 21, 2026 has, inter-alia, approved the same
Read More
Garden Reach Shipbuilders enters into MoUs with DNV, Damen
3rd Sep 2026, 10:58 AM

The MoU with Damen is for establishing a technical and business collaboration framework to explore the design and construction of dredgers for Indian customers
Read More
Garden Reach Shipbuilders bags order worth Rs 45.02 crore
24th Aug 2026, 15:58 PM

The order is for Procurement of 2 nos. 100Pax Electric Ferry
Read More
Garden Reach Shipbuilders gets LoI worth Rs 37.94 crore
4th Aug 2026, 12:28 PM

The company has received LoI from Syama Prasad Mookerjee Port
Read More
Garden Reach Shipbuilders gets Notification of Award worth Rs 1032.07 crore
30th Jul 2026, 16:29 PM

The said project is to be completed within 48 months from the date of NOA
Read More
Garden Reach Ship - Quarterly Results
30th Jul 2026, 00:00 AM

Read More

Garden Reach Shipbuilders & Engineers Ltd.

Ship Building

BSE: 542011 | NSE: GRSE

Stock Summary

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Standalone Figures in Rs. Crores /

Annual Results

Standalone Figures in Rs. Crores

Results Balance Sheet

Standalone Figures in Rs. Crores

Cash Flow

Standalone Figures in Rs. Crores

Financial Ratios

Standalone

Top Investors:

Annual Reports:

News Update:

Garden Reach Shipbuilders & Engineers Ltd.

Ship Building

BSE: 542011 | NSE: GRSE

Stock Summary

Shareholding Pattern

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Standalone Figures in Rs. Crores /

Annual Results

Standalone Figures in Rs. Crores

Results Balance Sheet

Standalone Figures in Rs. Crores

Cash Flow

Standalone Figures in Rs. Crores

Financial Ratios

Standalone

Top Investors:

Annual Reports:

News Update: