Garden Reach Shipbuilders & Engineers Limited
Garden Reach Shipbuilders & Engineers Limited (GRSE): company summary
The company's business is improving, with annual revenue rising 37.9% and annual net profit growing 41.9%.
Garden Reach Shipbuilders & Engineers Limited (GRSE) is a mid-cap Capital Goods company valued at ₹24,286 crore operating in Aerospace & Defense on the NSE and BSE.
- Recent price move
- Garden Reach Shipbuilders & Engineers Limited last traded at ₹2,126.6, modestly up 1.15% on the day.
- Recent developments
- On 2026-09-22, GRSE was highlighted among stocks with recent developments, including a ₹2,896-crore shipyard plan. On 2026-09-03, the company signed MoUs with DNV and Damen for advanced shipbuilding and dredgers. On 2026-08-24, GRSE secured a ₹45-crore electric ferry contract. On 2026-08-18, defence stocks rose after the government notified the sixth indigenisation list, which includes GRSE.
- Financial performance
- The company's business is improving, with annual revenue rising 37.9% and annual net profit growing 41.9%. The latest quarter saw revenue increase 38.5% compared to the same quarter a year earlier, and net profit rose 44.0%.
- Valuation multiples
- The stock trades at 32.6 times earnings, 10.63 times book value. It yields 0.5%.
- Things to watch
- The stock is 36.8% below its 52-week high. Promoter holding remains at 74.50%, but foreign institutional holding fell by 0.29 percentage points in the quarter. The last price is 3.24% lower than the previous day.
- Where it stands
- GRSE has delivered strong growth in both revenue and net profit over the past year and quarter, with margins improving slightly. The company's recent contracts and regulatory developments highlight its expanding role in the defence and green technology sectors. The stock is currently trading at a discount to its 52-week high.
Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
Price performance
Supported by growth (9.3) and quality (6.9), but held back by momentum (0.0). Growth looks strong at 9.3, but that is offset by momentum at 0.0 and valuation at 1.9. We are calling it Mixed rather than resolving the conflict for you.
DocStoX score
Low confidenceAt a glance
Key highlights
- Revenue compounding 44% a year
- Capital works hard — ROCE 39%
- Profit compounding 37% a year
- Valuation is weak (1.9/10)
- Momentum is weak (0.0/10)
Growth
Financials
Technicals
Peers
News
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About the company
More data
Filings, corporate actions and ownership detail — opened on demand.
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Garden Reach Shipbuilders & Engineers Limited peers in Capital Goods
Other Capital Goods stocks on the NSE & BSE. See the full Capital Goods sector list.
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