GRSE · NSE

Garden Reach Shipbuilders & Engineers Limited

₹2,411.8

+3.08% (+₹72)

Prev. close

₹2,339.8

Volume

5,31,793

Delivery %

43.1%

As of

18 Sept 2026

Price history

Bullish

Somil Mehta · Mirae Asset ShareKhan · 17 Aug 2026

Bullish on Garden Reach Shipbuilders & Engineers, recommending a buy at CMP ₹2,618.6 with targets of ₹2,740–2,800 and a stop loss at ₹2,535, citing a bottoming out, a broken falling trendline, and a bullish turn.

Entry ₹2,618.6Target ₹2,740 (+4.6%)Stop ₹2,535 (-3.2%)R:R 1.5:1Stopped out · 01 Sept 2026

Target ₹2,740PENDINGCall pageClear
₹2,411.8-₹206.8 (-7.90%) · CALL
17 Aug 202618 Sept 2026
₹2,314.6Target ₹2,740SL ₹2,535Entry ₹2,618.617 Aug25 Aug02 Sept09 Sept18 SeptCall published 06:09
Somil Mehta's call · 17 Aug 2026

Analyst sentiment

Analysts lean bullish

1 analyst stance · last 90 days · one per analyst

Trackable

1 · 1 bull / 0 neutral / 0 bear

Long-Horizon

none in window

Commentary

none in window

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 100% (1)Neutral 0% (0)Bearish 0% (0)
Explore by date range →

Analyst opinions

CallAnalystInstrumentVerdictActions
Bullish on Garden Reach Shipbuilders & Engineers, recommending a buy at CMP ₹2,618.6 with targets of ₹2,740–2,800 and a …Somil MehtaMirae Asset ShareKhanGarden Reach Shipbuilders & EngineersPENDING
Bullish on Garden Reach Shipbuilders & Engineers, recommending a buy at CMP ₹2,618.6 with targets of ₹2,740–2,800 and a stop loss at ₹2,535, citing a bottoming out, a broken falling trendline, and a bullish turn.
Trade setupTarget ₹2,740Track opinion →

This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded.

Fundamentals

About Garden Reach Shipbuilders & Engineers Limited

Garden Reach Shipbuilders & Engineers Limited engages in the design and construction of war ships in India. The company offers frigates, anti-submarine warfare corvette, missile corvette, landing ship tank, landing craft utility, survey vessel, fleet replenishment tanker, fast patrol vessel, offshore patrol vessel, inshore patrol vessel, water jet fast attack craft, anti-submarine warfare shallow water craft, electric ferries, ocean going passenger and cargo ferry vessel, hovercraft, and fast interceptor boat products to the Indian Navy, Indian Coast Guard, and other government. It also provides unmanned surface vessels, autonomous underwater vessels, ship-based drones, and green platforms and naval surface guns. In addition, the company offers portable bridges; and deck machinery equipment, such as anchor capstans and windlass, mooring and dock capstans, general-purpose and ammunition davits, electric boats and electro-hydraulic drive deck machinery products, survey vessels, hydrographic and oceanographic surveys, helicopter traversing systems, and dock capstans and winches. Further, it engages in the assembling, overhauling, and testing of marine diesel engines, as well as provides dry docking and afloat maintenance, refit, and repair services for defense and commercial ships. The company was founded in 1884 and is based in Kolkata, India.

Details

Sector

Industrials

Industry

Aerospace & Defense

CEO

Commodore P. R. Hari IN (Retd)

Headquarters

Kolkata

Employees

1,463

Website

grse.in

Key stats

Market cap

₹27,627.65 Cr

P/E ratio (TTM)

34.5

Dividend yield

0.84%

EPS (TTM)

₹69.96

Beta (1Y · daily vs NIFTY 50)

1.56

Beta (5Y · monthly vs NIFTY 50)

2.38

Shares float

2.92 Cr

EPS · quarter ended Jun 2026

₹15.09

Financial Performance

01 · Financials

0 Cr2500 Cr5000 Cr7500 Cr-50%0%50%100%FY21FY22FY23FY24FY25FY26
RevenueNet incomeRevenue growth YoY

FY21 growth needs FY20 filings, which the data source doesn't provide. EBITDA is omitted from this chart: coverage begins inside the plotted window, and every plotted period must carry a complete point set — the P&L table below has the available figures.

02 · Earnings Per Share (EPS)

0255075FY21FY22FY23FY24FY25FY26

03 · Dividend Profile

035810-250%0%250%500%26 Mar 2003 Sept 2017 Feb 2102 Sept 2122 Feb 2216 Sept 2220 Feb 2315 Sept 2323 Feb 2413 Sept 2407 Feb 2512 Sept 2511 Nov 2503 Feb 2618 Sept 26
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-200%0%200%400%FY21FY22FY23FY24FY25FY26
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr5000 Cr10000 Cr15000 Cr0.25×0.5×0.75×FY21FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr5000 Cr10000 Cr15000 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-1000 Cr0 Cr1000 Cr2000 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹1,140.84 Cr₹1,757.51 Cr₹2,561.15 Cr₹3,592.64 Cr₹5,075.69 Cr₹7,002.16 Cr
EBITDA₹238.91 Cr₹350.86 Cr₹533.74 Cr₹756.10 Cr₹1,069.69 Cr
₹153.47 Cr₹189.53 Cr₹228.12 Cr₹357.27 Cr₹527.40 Cr₹747.93 Cr
Diluted EPS₹13.4₹16.55₹19.91₹31.19₹46.04₹65.29

EBITDA has filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹6,797.00 Cr₹7,643.00 Cr₹10,783.00 Cr₹10,263.00 Cr₹10,362.00 Cr₹10,636.00 Cr
₹3.69 Cr₹11.20 Cr₹312.11 Cr₹65.67 Cr₹9.67 Cr₹37.40 Cr
Stockholders' equity₹1,138.00 Cr₹1,258.00 Cr₹1,414.00 Cr₹1,674.00 Cr₹2,080.00 Cr₹2,627.00 Cr

Trade receivables, CWIP, Others, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹515.00 Cr₹-356.00 Cr₹1,450.00 Cr₹-707.00 Cr₹16.00 Cr₹-290.00 Cr
Investing cash flow₹-1,172.73 Cr₹428.33 Cr₹-1,666.29 Cr₹1,055.70 Cr₹169.78 Cr₹526.57 Cr
₹-64.47 Cr₹-71.82 Cr₹220.33 Cr₹-357.52 Cr₹-186.75 Cr₹-223.46 Cr
Capital expenditure₹-164.00 Cr₹-55.00 Cr₹-42.00 Cr₹-48.00 Cr₹-67.00 Cr₹-77.00 Cr
End cash position₹9.32 Cr₹9.71 Cr₹13.99 Cr₹5.27 Cr₹3.88 Cr₹17.27 Cr

Debt issued has filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 21Jun 26(20Q)
Promoter74.50%
Public25.50%
Employee trusts0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Industrials

Company
Larsen & Toubro Limited₹5.24 L Cr₹3,836.231.64.7914.7%1.15+11.8%+4.1%
Adani Ports and Special Economic Zone Limited₹4.00 L Cr₹1,82429.44.1713.3%0.66+27.1%+29.1%
Hindustan Aeronautics Limited₹3.20 L Cr₹4,800.334.37.8022.2%0.00+5.6%-1.2%
Bharat Electronics Limited₹2.82 L Cr₹395.4546.011.7525.3%0.00+15.9%-4.1%
InterGlobe Aviation Limited₹1.87 L Cr₹4,92026.87-34.3%11.15+6.6%-13.9%
ABB India Limited₹1.51 L Cr₹7,270.595.519.2821.3%0.01+8.1%+33.7%
Bharat Heavy Electricals Limited₹1.43 L Cr₹429.258.85.476.1%0.31+18.3%+83.2%
Hitachi Energy India Limited₹1.39 L Cr₹32,700121.726.8919.1%0.02+27.2%+68.7%
Cummins India Limited₹1.39 L Cr₹5,099.557.816.4227.9%0.00+16.9%+24.3%
CG Power and Industrial Solutions Limited₹1.39 L Cr₹892107.617.3915.1%0.01+25.1%+13.7%
Siemens Limited₹1.33 L Cr₹3,763.578.810.0715.9%0.01+16.2%+13.3%
Garden Reach Shipbuilders & Engineers Limited₹26,802.88 Cr₹2,411.833.510.2128.5%0.01+37.9%-8.2%

Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

29 indices

NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

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