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Garden Reach Shipbuilders & Engineers Limited

GRSE·NSE·
₹2,126.60▲ +24.20 (+1.15%)
Market Cap24286.17 Cr
PE Ratio32.57
Volume2,20,217
Day High - Low2134.00 - 2103.40
52W High-Low3339.00 - 1963.70

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.

DocStoX Score
5.3/10
Weak
Fair Value
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ROE
28.48%
Strong
P/E
32.57x
Fair
Debt / Equity
0.00
Low
Industry
Capital Goods
Aerospace & Defense
Overall View
Mixed

Price performance

NIFTY 500NIFTY SMALLCAP 250
Day₹2103
₹2134
52W₹1964
₹3339
DocStoX take

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 confidence
5.3
/10
Weak
Quality
Solid
ROE 28.5%
Valuation
Expensive
P/E 32.6×
Growth
Strong
Revenue +43.8% 5Y CAGR
Risk
Moderate
D/E 0.00
Momentum
Weak
12% of 52-week range

At a glance

Market Cap
₹24,286 Cr
52W High / Low
₹3339 / ₹1964
Dividend Yield
0.53%
Promoter Holding
74.50%
EPS (TTM)
₹65.29
Book Value
₹229.25

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)
4 Positives3 Watchouts

Growth

Financials

Shareholding

Technicals

Peers

News

Forecasts

About the company

More data

Filings, corporate actions and ownership detail — opened on demand.

More Capital Goods stocks · Aerospace & Defense

Garden Reach Shipbuilders & Engineers Limited peers in Capital Goods

Other Capital Goods stocks on the NSE & BSE. See the full Capital Goods sector list.