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

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

29,615.70
48.05
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

26,458.52
0.54%
12.90

Chart

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

Revenue CAGR (%)

10 Years
5 Years
3 Years

10.30
34.79
25.61

EBITDA CAGR (%)

10 Years
5 Years
3 Years

18.39
39.31
22.78

PAT CAGR (%)

10 Years
5 Years
3 Years

12.62
28.00
32.23

P:E (Median)

8 Years
5 Years
3 Years

-
26.45
37.86

P:BV (Average)

8 Years
5 Years
3 Years

-
6.05
8.57

EV:EBITDA (Average)

8 Years
5 Years
3 Years

-
12.81
20.92

Earnings Forecasts:

(Updated: 01-11-2025)

Description 2024 2025 2026 2027
Adj EPS 46.04 60.01 82.13 86.21
P/E Ratio 56.13 43.06 31.46 29.98
Revenue 5075.69 6544.27 8702.08 7957.43
EBITDA 421.27 593.64 836.02 888.22
Net Income 527.4 668.07 940.75 987.02
ROA 5.12
P/B Ratio 14.24 11.30 8.69 7.15
ROE 28.11 27.99 29.89 25.75
FCFF 187.56 1722.62 7285.35 82.25
FCFF Yield 0.71 6.49 27.44 0.31
Net Debt -3722.19
BVPS 181.51 228.76 297.5 361.35

Quarterly Results

Standalone Figures in Rs. Crores /

Consolidated

Description Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var%
Net Sales 1,677.38 1,152.92 45.49% 1,309.87 1,009.72 29.73% 1,642.04 1,015.73 61.66% 1,271.01 923.10 37.69%
Expenses 1,521.22 1,084.19 40.31% 1,197.96 953.46 25.64% 1,421.05 925.17 53.60% 1,195.71 874.38 36.75%
EBITDA 156.16 68.74 127.17% 111.91 56.26 98.92% 220.98 90.56 144.02% 75.29 48.72 54.54%
EBIDTM 9.31% 5.96% 8.54% 5.57% 13.46% 8.92% 5.92% 5.28%
Other Income 68.69 74.91 -8.30% 72.55 73.87 -1.79% 113.94 75.92 50.08% 72.12 81.51 -11.52%
Interest 3.62 2.41 50.21% 6.09 4.24 43.63% 1.36 3.26 -58.28% 2.31 1.13 104.42%
Depreciation 11.87 10.71 10.83% 11.65 10.44 11.59% 10.01 10.40 -3.75% 11.33 10.44 8.52%
PBT 209.36 130.53 60.39% 166.72 115.44 44.42% 323.55 152.82 111.72% 133.76 118.67 12.72%
Tax 55.57 32.76 69.63% 46.54 28.25 64.74% 79.30 41.22 92.38% 35.58 30.42 16.96%
PAT 153.79 97.77 57.30% 120.18 87.20 37.82% 244.25 111.60 118.86% 98.19 88.25 11.26%
PATM 9.17% 8.48% 9.17% 8.64% 14.87% 10.99% 7.72% 9.56%
EPS 13.42 8.53 57.33% 10.49 7.61 37.84% 21.31 9.74 118.79% 8.57 7.70 11.30%

Description Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var% Sep 24 Sep 23 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 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 5,900.30 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 1,905.18 Net Sales Growth 43.86% 41.28% 40.27% 45.98% 53.79% -20.40% 3.38% 2.87% 46.21% -51.62% Cost Of Goods Sold 3,640.07 521.11 504.38 596.11 177.57 189.57 103.85 140.67 259.68 462.48 1,268.22 Gross Profit 2,260.23 4,554.58 3,088.26 1,965.04 1,576.88 951.27 1,329.44 1,245.76 1,088.08 459.29 636.96 GP Margin 38.31% 89.73% 85.96% 76.72% 89.88% 83.38% 92.75% 89.85% 80.73% 49.83% 33.43% Total Expenditure 5,335.94 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 1,826.25 Power & Fuel Cost - 11.83 9.83 8.89 8.63 6.30 8.45 8.71 9.69 10.52 10.79 % Of Sales - 0.23% 0.27% 0.35% 0.49% 0.55% 0.59% 0.63% 0.72% 1.14% 0.57% Employee Cost - 360.85 348.93 316.91 290.29 269.38 296.94 291.47 298.60 285.78 296.05 % Of Sales - 7.11% 9.71% 12.37% 16.55% 23.61% 20.72% 21.02% 22.16% 31.00% 15.54% Manufacturing Exp. - 3,539.27 2,319.22 1,367.57 1,050.75 452.83 819.71 782.18 630.50 136.09 188.42 % Of Sales - 69.73% 64.55% 53.40% 59.89% 39.69% 57.19% 56.42% 46.78% 14.76% 9.89% General & Admin Exp. - 187.64 137.10 93.92 65.30 102.62 114.42 81.81 108.61 56.88 13.01 % Of Sales - 3.70% 3.82% 3.67% 3.72% 9.00% 7.98% 5.90% 8.06% 6.17% 0.68% Selling & Distn. Exp. - 5.13 6.64 4.87 4.10 3.87 9.19 5.08 6.42 10.99 9.56 % Of Sales - 0.10% 0.18% 0.19% 0.23% 0.34% 0.64% 0.37% 0.48% 1.19% 0.50% Miscellaneous Exp. - 23.05 27.59 19.91 16.66 34.94 38.78 34.40 53.02 120.13 9.56 % Of Sales - 0.45% 0.77% 0.78% 0.95% 3.06% 2.71% 2.48% 3.93% 13.03% 2.11% EBITDA 564.34 426.81 238.94 152.96 141.15 81.33 41.95 42.12 -18.76 -161.11 78.93 EBITDA Margin 9.56% 8.41% 6.65% 5.97% 8.05% 7.13% 2.93% 3.04% -1.39% -17.48% 4.14% Other Income 327.30 334.84 299.62 201.84 161.32 185.72 225.50 171.24 183.15 216.99 180.42 Interest 13.38 15.86 16.32 10.40 1.83 10.10 2.88 5.11 7.69 9.12 1.02 Depreciation 44.86 42.49 41.33 39.17 35.71 29.09 30.09 27.08 28.96 26.65 27.80 PBT 833.39 703.29 480.92 305.22 264.93 227.87 234.48 181.16 127.75 20.12 230.53 Tax 216.99 175.89 123.65 77.09 67.71 53.65 60.39 69.02 35.35 8.65 86.39 Tax Rate 26.04% 25.01% 25.71% 25.26% 26.32% 25.90% 26.98% 38.57% 27.67% 42.99% 34.96% PAT 616.41 527.40 357.27 228.12 189.53 153.47 163.48 109.94 92.40 11.46 160.72 PAT before Minority Interest 616.41 527.40 357.27 228.12 189.53 153.47 163.48 109.94 92.40 11.46 160.72 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 10.45% 10.39% 9.94% 8.91% 10.80% 13.45% 11.41% 7.93% 6.86% 1.24% 8.44% PAT Growth 60.18% 47.62% 56.61% 20.36% 23.50% -6.12% 48.70% 18.98% 706.28% -92.87% EPS 53.79 46.02 31.18 19.91 16.54 13.39 14.27 9.59 8.06 1.00 14.02

Results Balance Sheet

Standalone Figures in Rs. Crores

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 14
Shareholder's Funds 2,079.26 1,673.44 1,413.82 1,257.89 1,137.12 1,040.23 1,038.31 1,021.54 1,083.14 955.80 Share Capital 114.55 114.55 114.55 114.55 114.55 114.55 114.55 114.55 123.84 123.84 Total Reserves 1,964.71 1,558.89 1,299.27 1,143.34 1,022.57 925.68 923.76 906.98 959.30 831.96 Non-Current Liabilities 320.15 349.12 223.70 321.20 238.21 274.63 83.17 80.12 62.13 41.40 Secured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 25.00 24.03 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 288.52 319.02 191.78 292.49 223.47 254.35 64.32 60.79 11.71 3.33 Current Liabilities 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 5,433.36 Trade Payables 1,151.41 992.42 1,173.87 411.69 782.72 546.78 370.09 688.83 367.96 370.27 Other Current Liabilities 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 4,938.97 Short Term Borrowings 0.00 55.58 301.17 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Short Term Provisions 54.23 38.04 28.80 162.46 161.92 152.59 140.81 143.33 149.01 124.12 Total Liabilities 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 6,430.56 Net Block 515.16 492.57 507.61 500.65 340.20 303.69 302.25 389.17 358.34 365.48 Gross Block 816.18 754.21 729.70 687.03 496.14 430.81 399.59 472.33 412.63 533.87 Accumulated Depreciation 301.02 261.64 222.09 186.37 155.94 127.12 97.33 83.16 54.29 168.39 Non Current Assets 1,024.47 1,033.13 912.55 2,009.05 1,446.35 754.22 618.49 1,809.04 1,278.30 446.02 Capital Work in Progress 28.00 24.76 6.04 9.66 151.30 51.52 34.19 16.03 23.18 17.71 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. 395.00 433.15 315.95 365.03 268.02 330.22 107.68 101.27 108.90 43.25 Other Non Current Assets 86.31 82.65 82.94 1,133.71 686.83 68.79 174.36 1,302.57 787.87 19.57 Current Assets 9,524.14 9,445.62 9,965.75 5,825.90 5,477.46 4,807.67 3,571.44 2,509.96 3,288.33 5,984.54 Current Investments 0.00 0.00 233.66 196.68 825.82 54.00 1.83 0.00 0.00 0.00 Inventories 3,552.25 3,984.44 2,918.50 1,172.27 787.87 441.02 349.57 513.10 485.89 5,240.99 Sundry Debtors 259.46 194.21 50.84 151.34 178.14 535.28 219.86 202.06 198.86 46.55 Cash & Bank 3,731.85 3,720.34 4,327.81 2,557.74 2,281.17 2,611.32 1,989.40 1,022.15 1,620.26 447.96 Other Current Assets 1,980.58 191.11 176.25 68.10 1,404.45 1,166.04 1,010.78 772.66 983.33 249.04 Short Term Loans & Adv. 1,826.38 1,355.53 2,258.68 1,679.77 1,311.40 962.07 438.54 286.41 243.02 211.82 Net Current Assets 1,374.89 989.27 724.89 -430.42 -71.02 560.65 502.99 -707.39 -133.03 551.19 Total Assets 10,548.61 10,478.75 10,878.30 7,834.95 6,923.81 5,561.89 4,189.93 4,319.00 4,566.63 6,430.56

Cash Flow

Standalone Figures in Rs. Crores

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 14
Cash From Operating Activity 15.59 -706.89 1,450.23 -355.70 515.28 627.84 -111.67 -74.02 -191.22 17.02 PBT 703.29 480.92 305.22 257.24 207.12 223.87 178.96 127.75 20.12 187.23 Adjustment -242.54 -224.26 -140.02 -102.84 -119.39 -182.50 -137.76 -139.12 -174.37 -49.15 Changes in Working Capital -269.28 -839.90 1,362.13 -442.39 481.19 461.89 -278.79 -99.54 42.06 -60.39 Cash after chg. in Working capital 191.47 -583.24 1,527.33 -287.98 568.92 503.25 -237.58 -110.91 -112.19 77.70 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -175.89 -123.65 -77.09 -67.71 -53.65 124.58 125.91 36.90 -79.03 -60.68 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 169.78 1,055.70 -1,666.29 428.58 -1,172.73 244.95 197.81 267.37 226.82 34.95 Net Fixed Assets -65.21 -43.23 -39.05 -49.25 -165.11 -48.55 54.58 -52.55 115.77 -47.50 Net Investments 0.00 233.66 -36.98 629.14 -771.82 -52.17 -1.83 0.00 0.00 0.00 Others 234.99 865.27 -1,590.26 -151.31 -235.80 345.67 145.06 319.92 111.05 82.45 Cash from Financing Activity -186.75 -357.52 220.33 -72.49 -62.45 -152.83 -88.75 -193.31 -50.00 -50.71 Net Cash Inflow / Outflow -1.39 -8.72 4.27 0.39 -719.91 719.95 -2.62 0.04 -14.40 1.26 Opening Cash & Equivalents 5.27 13.99 9.71 9.32 729.23 9.27 11.89 11.85 26.25 15.69 Closing Cash & Equivalent 3.88 5.27 13.99 9.71 9.32 729.23 9.27 11.89 11.85 16.96

Financial Ratios

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 181.51 146.09 123.42 109.81 99.27 90.81 90.64 89.18 874.63 915.91 ROA 5.02% 3.35% 2.44% 2.57% 2.46% 3.35% 2.58% 2.08% 0.25% 2.71% ROE 28.11% 23.14% 17.08% 15.83% 14.10% 15.73% 10.67% 8.78% 1.03% 15.42% ROCE 37.77% 28.88% 21.23% 21.63% 19.95% 21.82% 17.87% 12.72% 2.61% 23.87% Fixed Asset Turnover 6.46 4.84 3.62 2.97 2.46 3.45 3.18 3.05 2.37 3.55 Receivable days 16.31 12.45 14.41 34.27 114.13 96.15 55.54 54.21 69.26 33.55 Inventory Days 270.99 350.66 291.50 203.90 196.59 100.67 113.56 135.08 223.96 572.67 Payable days 750.80 783.83 485.42 1227.57 1279.93 130.55 153.44 156.15 175.20 127.48 Cash Conversion Cycle -463.50 -420.72 -179.52 -989.41 -969.22 66.27 15.65 33.14 118.03 478.74 Total Debt/Equity 0.00 0.03 0.21 0.00 0.00 0.00 0.00 0.00 0.02 0.00 Interest Cover 45.34 30.47 30.34 141.55 21.52 78.82 36.00 17.61 3.21 57.64

Top Investors:

llp

Annual Reports:

News Update:

GRSE reports 57% jump in Q2 net profit
5th Nov 2025, 11:27 AM

Total income of the company increased by 42.21% at Rs 1,746.07 crore for Q2FY26
Read More
Garden Reach Ship - Quarterly Results
5th Nov 2025, 00:00 AM

Read More
Garden Reach Shipbuilders signs MoU with Centum Electronics
9th Oct 2025, 10:00 AM

The MoU establishes a collaborative framework between GRSE & Centum Electronics which aimed at the joint R&D of Advanced Naval Navigation Systems
Read More
Garden Reach signs contract to construct four Hybrid Multi-Purpose Vessels
20th Sep 2025, 14:25 PM

GRSE has ventured into construction of these four Hybrid Propulsion MPVs with a provision of additional two vessels of Hybrid propulsion type
Read More
GRSE inks MoU with M/s Reintjes GmbH
1st Aug 2025, 15:41 PM

This MoU will facilitate a wide range of collaborative engagements utilising the high-quality propulsion gear trains produced by Reintjes GmbH
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: