Share Price and Basic Stock Data
Last Updated: October 18, 2025, 5:08 pm
| PEG Ratio | 2.19 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Garden Reach Shipbuilders & Engineers Ltd (GRSE) operates in the Aerospace & Defense sector, with a market capitalization of ₹29,846 Cr. The company reported a sales figure of ₹2,561 Cr for the fiscal year ending March 2023, which marked a significant increase from ₹1,754 Cr in March 2022. The revenue trend shows a robust trajectory, with sales rising to ₹3,593 Cr for the fiscal year ending March 2024 and projected to reach ₹5,076 Cr by March 2025. The quarterly sales have also displayed strong growth, with the latest quarter ending September 2023 recording sales of ₹898 Cr, up from ₹682 Cr in September 2022. This consistent growth indicates an expanding market presence and demand for GRSE’s offerings. However, the operational expenses have also increased, rising to ₹2,412 Cr in March 2023 from ₹1,613 Cr a year earlier, which could pressure margins if not managed effectively.
Profitability and Efficiency Metrics
GRSE’s profitability metrics reflect a healthy operational performance, with a net profit of ₹527 Cr reported for the fiscal year ending March 2025, compared to ₹228 Cr in March 2023. The operating profit margin (OPM) stood at 6% in March 2023 and is expected to improve to 8% in March 2025, indicating enhanced efficiency in converting sales into profits. The return on equity (ROE) is notably high at 27.6%, while the return on capital employed (ROCE) is even higher at 36.6%, showcasing the company’s effective use of capital. The interest coverage ratio (ICR) is exceptionally strong at 46.46x, indicating GRSE’s robust ability to meet interest obligations. However, the cash conversion cycle (CCC) of 267 days suggests potential inefficiencies in working capital management that could impact liquidity if not addressed.
Balance Sheet Strength and Financial Ratios
GRSE’s balance sheet reflects a solid financial position, with total reserves increasing to ₹1,965 Cr by March 2025, up from ₹1,299 Cr in March 2023. The company’s borrowings are minimal, reported at only ₹10 Cr, resulting in a low debt-to-equity ratio of 0.03, indicating a conservative capital structure. The current ratio of 1.12 and a quick ratio of 0.64 suggest that GRSE is well-positioned to meet its short-term liabilities, although the quick ratio indicates some dependency on inventory to cover immediate obligations. The price-to-book value (P/BV) ratio is reported at 5.24x, which is relatively high compared to typical industry ranges, suggesting that the stock may be overvalued based on its book value. Overall, GRSE’s financial ratios indicate a well-capitalized company with a strong ability to sustain operations and fund growth.
Shareholding Pattern and Investor Confidence
The shareholding pattern of GRSE reveals a strong promoter holding of 74.50%, which has remained stable over the past few quarters. Foreign institutional investors (FIIs) have increased their stake from 1.95% in September 2022 to 5.33% by June 2025, indicating growing confidence from external investors. Domestic institutional investors (DIIs) have seen a decline in their holdings from 8.36% in September 2022 to 1.81% in June 2025, suggesting a cautious stance among local institutions. The public shareholding has fluctuated, standing at 18.36% as of June 2025, reflecting a diverse base of retail investors. The total number of shareholders has increased significantly, from 41,460 in September 2022 to 4,07,707 by June 2025, which indicates a rising interest in the stock and potential long-term investor confidence in GRSE’s growth trajectory.
Outlook, Risks, and Final Insight
If margins sustain and operational efficiencies are improved, GRSE could potentially enhance its profitability further in the coming years. The company’s strong order book and increasing sales suggest that it is well-positioned to capitalize on the growing defense sector in India. However, risks remain, particularly in the form of rising operational costs that could pressure margins if not effectively managed. Additionally, the high P/BV ratio raises concerns about the stock’s valuation, which could deter some investors if market conditions shift. Furthermore, any delays in project execution or changes in government defense spending could impact revenue growth. Overall, while GRSE shows promising trends, careful management of expenses and strategic planning will be crucial for sustaining its competitive advantage in a dynamic sector.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Garden Reach Shipbuilders & Engineers Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| MTAR Technologies Ltd | 6,886 Cr. | 2,238 | 2,319/1,152 | 114 | 238 | 0.00 % | 10.5 % | 7.51 % | 10.0 |
| DCX Systems Ltd | 2,560 Cr. | 230 | 393/200 | 60.5 | 104 | 0.00 % | 5.10 % | 3.14 % | 2.00 |
| Data Patterns (India) Ltd | 15,714 Cr. | 2,807 | 3,269/1,350 | 73.2 | 269 | 0.28 % | 21.0 % | 15.2 % | 2.00 |
| Paras Defence and Space Technologies Ltd | 5,685 Cr. | 705 | 972/401 | 88.0 | 79.8 | 0.04 % | 16.6 % | 11.8 % | 5.00 |
| Zen Technologies Ltd | 12,429 Cr. | 1,377 | 2,628/945 | 55.0 | 187 | 0.15 % | 32.9 % | 24.6 % | 1.00 |
| Industry Average | 70,685.09 Cr | 1,650.82 | 76.94 | 168.45 | 0.27% | 22.58% | 16.73% | 4.00 |
All Competitor Stocks of Garden Reach Shipbuilders & Engineers Ltd
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 580 | 682 | 699 | 601 | 756 | 898 | 923 | 1,016 | 1,010 | 1,153 | 1,271 | 1,642 | 1,310 |
| Expenses | 546 | 634 | 652 | 581 | 710 | 849 | 874 | 925 | 953 | 1,084 | 1,196 | 1,421 | 1,198 |
| Operating Profit | 33 | 48 | 47 | 20 | 46 | 49 | 49 | 91 | 56 | 69 | 75 | 221 | 112 |
| OPM % | 6% | 7% | 7% | 3% | 6% | 5% | 5% | 9% | 6% | 6% | 6% | 13% | 9% |
| Other Income | 41 | 41 | 50 | 70 | 71 | 72 | 82 | 76 | 74 | 75 | 72 | 114 | 73 |
| Interest | 1 | 1 | 1 | 4 | 5 | 2 | 1 | 3 | 4 | 2 | 2 | 1 | 6 |
| Depreciation | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 11 | 11 | 10 | 12 |
| Profit before tax | 64 | 79 | 86 | 76 | 102 | 107 | 119 | 153 | 115 | 131 | 134 | 324 | 167 |
| Tax % | 22% | 25% | 26% | 28% | 25% | 25% | 26% | 27% | 24% | 25% | 27% | 25% | 28% |
| Net Profit | 50 | 59 | 64 | 55 | 77 | 81 | 88 | 112 | 87 | 98 | 98 | 244 | 120 |
| EPS in Rs | 4.38 | 5.13 | 5.58 | 4.83 | 6.69 | 7.05 | 7.70 | 9.74 | 7.61 | 8.53 | 8.57 | 21.32 | 10.49 |
Last Updated: August 20, 2025, 10:35 am
Below is a detailed analysis of the quarterly data for Garden Reach Shipbuilders & Engineers Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 1,310.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,642.00 Cr. (Mar 2025) to 1,310.00 Cr., marking a decrease of 332.00 Cr..
- For Expenses, as of Jun 2025, the value is 1,198.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1,421.00 Cr. (Mar 2025) to 1,198.00 Cr., marking a decrease of 223.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 112.00 Cr.. The value appears to be declining and may need further review. It has decreased from 221.00 Cr. (Mar 2025) to 112.00 Cr., marking a decrease of 109.00 Cr..
- For OPM %, as of Jun 2025, the value is 9.00%. The value appears to be declining and may need further review. It has decreased from 13.00% (Mar 2025) to 9.00%, marking a decrease of 4.00%.
- For Other Income, as of Jun 2025, the value is 73.00 Cr.. The value appears to be declining and may need further review. It has decreased from 114.00 Cr. (Mar 2025) to 73.00 Cr., marking a decrease of 41.00 Cr..
- For Interest, as of Jun 2025, the value is 6.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1.00 Cr. (Mar 2025) to 6.00 Cr., marking an increase of 5.00 Cr..
- For Depreciation, as of Jun 2025, the value is 12.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 10.00 Cr. (Mar 2025) to 12.00 Cr., marking an increase of 2.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 167.00 Cr.. The value appears to be declining and may need further review. It has decreased from 324.00 Cr. (Mar 2025) to 167.00 Cr., marking a decrease of 157.00 Cr..
- For Tax %, as of Jun 2025, the value is 28.00%. The value appears to be increasing, which may not be favorable. It has increased from 25.00% (Mar 2025) to 28.00%, marking an increase of 3.00%.
- For Net Profit, as of Jun 2025, the value is 120.00 Cr.. The value appears to be declining and may need further review. It has decreased from 244.00 Cr. (Mar 2025) to 120.00 Cr., marking a decrease of 124.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 10.49. The value appears to be declining and may need further review. It has decreased from 21.32 (Mar 2025) to 10.49, marking a decrease of 10.83.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 5:20 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,611 | 1,562 | 1,657 | 921 | 1,347 | 1,386 | 1,433 | 1,141 | 1,754 | 2,561 | 3,593 | 5,076 | 5,376 |
| Expenses | 1,488 | 1,500 | 1,565 | 1,082 | 1,362 | 1,344 | 1,391 | 1,060 | 1,613 | 2,412 | 3,357 | 4,654 | 4,899 |
| Operating Profit | 123 | 62 | 92 | -161 | -15 | 42 | 42 | 81 | 141 | 149 | 235 | 422 | 477 |
| OPM % | 8% | 4% | 6% | -17% | -1% | 3% | 3% | 7% | 8% | 6% | 7% | 8% | 9% |
| Other Income | 82 | 61 | 191 | 217 | 179 | 169 | 215 | 165 | 154 | 202 | 300 | 335 | 334 |
| Interest | 1 | 6 | 4 | 9 | 8 | 5 | 3 | 10 | 2 | 7 | 13 | 11 | 12 |
| Depreciation | 23 | 27 | 28 | 27 | 29 | 27 | 30 | 29 | 36 | 39 | 41 | 42 | 44 |
| Profit before tax | 181 | 90 | 252 | 20 | 128 | 179 | 224 | 207 | 257 | 305 | 481 | 703 | 755 |
| Tax % | 36% | 43% | 35% | 43% | 28% | 39% | 27% | 26% | 26% | 25% | 26% | 25% | |
| Net Profit | 117 | 52 | 164 | 11 | 92 | 110 | 163 | 153 | 190 | 228 | 357 | 527 | 560 |
| EPS in Rs | 94.13 | 41.77 | 132.79 | 9.26 | 8.07 | 9.60 | 14.27 | 13.40 | 16.55 | 19.91 | 31.19 | 46.04 | 48.91 |
| Dividend Payout % | 21% | 48% | 15% | 472% | 55% | 72% | 50% | 37% | 35% | 31% | 30% | 30% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -55.56% | 215.38% | -93.29% | 736.36% | 19.57% | 48.18% | -6.13% | 24.18% | 20.00% | 56.58% | 47.62% |
| Change in YoY Net Profit Growth (%) | 0.00% | 270.94% | -308.68% | 829.66% | -716.80% | 28.62% | -54.32% | 30.32% | -4.18% | 36.58% | -8.96% |
Garden Reach Shipbuilders & Engineers Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 29% |
| 3 Years: | 42% |
| TTM: | 40% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 26% |
| 5 Years: | 25% |
| 3 Years: | 42% |
| TTM: | 52% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 64% |
| 3 Years: | 99% |
| 1 Year: | 27% |
| Return on Equity | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 20% |
| 3 Years: | 23% |
| Last Year: | 28% |
Last Updated: September 5, 2025, 4:30 am
Balance Sheet
Last Updated: September 10, 2025, 1:44 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 124 | 124 | 124 | 124 | 115 | 115 | 115 | 115 | 115 | 115 | 115 | 115 |
| Reserves | 831 | 883 | 1,013 | 959 | 907 | 924 | 926 | 1,023 | 1,143 | 1,299 | 1,559 | 1,965 |
| Borrowings | 0 | 0 | 0 | 25 | 0 | 0 | 0 | 4 | 11 | 312 | 66 | 10 |
| Other Liabilities | 5,477 | 2,994 | 3,317 | 3,458 | 3,302 | 3,152 | 4,355 | 5,656 | 6,374 | 9,057 | 8,524 | 8,274 |
| Total Liabilities | 6,432 | 4,001 | 4,454 | 4,567 | 4,323 | 4,191 | 5,395 | 6,797 | 7,643 | 10,783 | 10,263 | 10,362 |
| Fixed Assets | 363 | 366 | 344 | 358 | 389 | 302 | 304 | 340 | 501 | 508 | 493 | 515 |
| CWIP | 18 | 11 | 22 | 23 | 16 | 34 | 52 | 151 | 10 | 6 | 25 | 28 |
| Investments | 0 | 0 | 0 | 0 | 0 | 2 | 54 | 826 | 197 | 234 | 0 | 0 |
| Other Assets | 6,052 | 3,624 | 4,088 | 4,185 | 3,918 | 3,852 | 4,986 | 5,480 | 6,936 | 10,036 | 9,746 | 9,819 |
| Total Assets | 6,432 | 4,001 | 4,454 | 4,567 | 4,323 | 4,191 | 5,395 | 6,797 | 7,643 | 10,783 | 10,263 | 10,362 |
Below is a detailed analysis of the balance sheet data for Garden Reach Shipbuilders & Engineers Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 115.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 115.00 Cr..
- For Reserves, as of Mar 2025, the value is 1,965.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,559.00 Cr. (Mar 2024) to 1,965.00 Cr., marking an increase of 406.00 Cr..
- For Borrowings, as of Mar 2025, the value is 10.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 66.00 Cr. (Mar 2024) to 10.00 Cr., marking a decrease of 56.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 8,274.00 Cr.. The value appears to be improving (decreasing). It has decreased from 8,524.00 Cr. (Mar 2024) to 8,274.00 Cr., marking a decrease of 250.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 10,362.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 10,263.00 Cr. (Mar 2024) to 10,362.00 Cr., marking an increase of 99.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 515.00 Cr.. The value appears strong and on an upward trend. It has increased from 493.00 Cr. (Mar 2024) to 515.00 Cr., marking an increase of 22.00 Cr..
- For CWIP, as of Mar 2025, the value is 28.00 Cr.. The value appears strong and on an upward trend. It has increased from 25.00 Cr. (Mar 2024) to 28.00 Cr., marking an increase of 3.00 Cr..
- For Investments, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Other Assets, as of Mar 2025, the value is 9,819.00 Cr.. The value appears strong and on an upward trend. It has increased from 9,746.00 Cr. (Mar 2024) to 9,819.00 Cr., marking an increase of 73.00 Cr..
- For Total Assets, as of Mar 2025, the value is 10,362.00 Cr.. The value appears strong and on an upward trend. It has increased from 10,263.00 Cr. (Mar 2024) to 10,362.00 Cr., marking an increase of 99.00 Cr..
Notably, the Reserves (1,965.00 Cr.) exceed the Borrowings (10.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 123.00 | 62.00 | 92.00 | -186.00 | -15.00 | 42.00 | 42.00 | 77.00 | 130.00 | -163.00 | 169.00 | 412.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 11 | 37 | 34 | 79 | 55 | 58 | 136 | 57 | 31 | 7 | 20 | 19 |
| Inventory Days | 1,932 | 334 | 236 | 383 | 727 | 168 | 1,590 | 606 | 458 | 662 | 648 | 368 |
| Days Payable | 136 | 202 | 190 | 290 | 968 | 177 | 1,922 | 592 | 159 | 266 | 161 | 119 |
| Cash Conversion Cycle | 1,806 | 170 | 79 | 172 | -186 | 48 | -196 | 71 | 330 | 404 | 507 | 267 |
| Working Capital Days | 23 | -1,124 | -388 | -705 | -468 | -392 | -533 | -1,012 | -660 | -546 | -276 | -169 |
| ROCE % | 20% | 10% | 24% | 3% | 12% | 18% | 22% | 21% | 20% | 20% | 27% | 37% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| HDFC Balanced Advantage Fund - Regular Plan | 1,600,000 | 0.41 | 384.89 | 1,600,000 | 2025-04-22 17:25:35 | 0% |
| Motilal Oswal Nifty India Defence Index Fund | 380,398 | 3.93 | 91.51 | 380,398 | 2025-04-22 04:31:18 | 0% |
| Nippon India Nifty Smallcap 250 Index Fund | 27,654 | 0.39 | 6.65 | 27,654 | 2025-04-22 17:25:35 | 0% |
| Motilal Oswal Nifty Smallcap 250 Index Fund | 12,611 | 0.38 | 3.03 | 12,611 | 2025-04-22 17:25:35 | 0% |
| Shriram Flexi Cap Fund | 8,345 | 1.59 | 2.01 | 8,345 | 2025-04-22 17:25:35 | 0% |
| Shriram ELSS Tax Saver Fund | 3,635 | 1.54 | 0.87 | 3,635 | 2025-04-22 17:25:35 | 0% |
| Motilal Oswal Nifty 500 Index Fund | 3,105 | 0.04 | 0.75 | 3,105 | 2025-04-22 17:25:35 | 0% |
| Shriram Balanced Advantage Fund | 1,050 | 0.46 | 0.25 | 1,050 | 2025-04-22 17:25:35 | 0% |
| Motilal Oswal Nifty Smallcap 250 ETF | 714 | 0.38 | 0.17 | 714 | 2025-04-22 17:25:35 | 0% |
| Motilal Oswal Nifty 500 ETF | 105 | 0.04 | 0.03 | 105 | 2025-04-22 17:25:35 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 46.04 | 31.19 | 19.91 | 16.55 | 13.40 |
| Diluted EPS (Rs.) | 46.04 | 31.19 | 19.91 | 16.55 | 13.40 |
| Cash EPS (Rs.) | 49.75 | 34.80 | 23.33 | 19.66 | 15.94 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 181.51 | 146.09 | 123.42 | 109.81 | 99.27 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 181.51 | 146.09 | 123.42 | 109.81 | 99.27 |
| Dividend / Share (Rs.) | 13.85 | 9.36 | 6.20 | 5.80 | 5.00 |
| Revenue From Operations / Share (Rs.) | 443.09 | 313.63 | 223.58 | 153.42 | 99.59 |
| PBDIT / Share (Rs.) | 66.00 | 46.59 | 30.63 | 26.31 | 22.67 |
| PBIT / Share (Rs.) | 62.30 | 42.98 | 27.21 | 23.19 | 20.13 |
| PBT / Share (Rs.) | 61.39 | 41.98 | 26.64 | 22.46 | 18.08 |
| Net Profit / Share (Rs.) | 46.04 | 31.19 | 19.91 | 16.55 | 13.40 |
| PBDIT Margin (%) | 14.89 | 14.85 | 13.69 | 17.14 | 22.76 |
| PBIT Margin (%) | 14.05 | 13.70 | 12.17 | 15.11 | 20.21 |
| PBT Margin (%) | 13.85 | 13.38 | 11.91 | 14.63 | 18.15 |
| Net Profit Margin (%) | 10.39 | 9.94 | 8.90 | 10.78 | 13.45 |
| Return on Networth / Equity (%) | 25.36 | 21.34 | 16.13 | 15.06 | 13.49 |
| Return on Capital Employeed (%) | 32.36 | 27.42 | 20.30 | 19.31 | 18.67 |
| Return On Assets (%) | 5.09 | 3.48 | 2.11 | 2.48 | 2.26 |
| Total Debt / Equity (X) | 0.00 | 0.03 | 0.21 | 0.00 | 0.00 |
| Asset Turnover Ratio (%) | 0.49 | 0.34 | 0.27 | 0.24 | 0.18 |
| Current Ratio (X) | 1.17 | 1.12 | 1.07 | 0.93 | 0.98 |
| Quick Ratio (X) | 0.73 | 0.64 | 0.75 | 0.74 | 0.84 |
| Inventory Turnover Ratio (X) | 1.35 | 0.59 | 0.73 | 0.95 | 0.72 |
| Dividend Payout Ratio (NP) (%) | 22.56 | 27.63 | 31.88 | 36.86 | 39.18 |
| Dividend Payout Ratio (CP) (%) | 20.88 | 24.77 | 27.21 | 31.02 | 32.94 |
| Earning Retention Ratio (%) | 77.44 | 72.37 | 68.12 | 63.14 | 60.82 |
| Cash Earning Retention Ratio (%) | 79.12 | 75.23 | 72.79 | 68.98 | 67.06 |
| Interest Coverage Ratio (X) | 73.25 | 46.46 | 54.14 | 394.45 | 96.13 |
| Interest Coverage Ratio (Post Tax) (X) | 52.09 | 32.10 | 36.20 | 259.10 | 65.50 |
| Enterprise Value (Cr.) | 15563.86 | 5099.62 | 1190.64 | 36.61 | -160.28 |
| EV / Net Operating Revenue (X) | 3.07 | 1.42 | 0.46 | 0.02 | -0.14 |
| EV / EBITDA (X) | 20.58 | 9.55 | 3.39 | 0.12 | -0.61 |
| MarketCap / Net Operating Revenue (X) | 3.80 | 2.44 | 2.04 | 1.48 | 1.86 |
| Retention Ratios (%) | 77.43 | 72.36 | 68.11 | 63.13 | 60.81 |
| Price / BV (X) | 9.28 | 5.24 | 3.69 | 2.06 | 1.86 |
| Price / Net Operating Revenue (X) | 3.80 | 2.44 | 2.04 | 1.48 | 1.86 |
| EarningsYield | 0.02 | 0.04 | 0.04 | 0.07 | 0.07 |
After reviewing the key financial ratios for Garden Reach Shipbuilders & Engineers Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 46.04. This value is within the healthy range. It has increased from 31.19 (Mar 24) to 46.04, marking an increase of 14.85.
- For Diluted EPS (Rs.), as of Mar 25, the value is 46.04. This value is within the healthy range. It has increased from 31.19 (Mar 24) to 46.04, marking an increase of 14.85.
- For Cash EPS (Rs.), as of Mar 25, the value is 49.75. This value is within the healthy range. It has increased from 34.80 (Mar 24) to 49.75, marking an increase of 14.95.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 181.51. It has increased from 146.09 (Mar 24) to 181.51, marking an increase of 35.42.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 181.51. It has increased from 146.09 (Mar 24) to 181.51, marking an increase of 35.42.
- For Dividend / Share (Rs.), as of Mar 25, the value is 13.85. This value exceeds the healthy maximum of 3. It has increased from 9.36 (Mar 24) to 13.85, marking an increase of 4.49.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 443.09. It has increased from 313.63 (Mar 24) to 443.09, marking an increase of 129.46.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 66.00. This value is within the healthy range. It has increased from 46.59 (Mar 24) to 66.00, marking an increase of 19.41.
- For PBIT / Share (Rs.), as of Mar 25, the value is 62.30. This value is within the healthy range. It has increased from 42.98 (Mar 24) to 62.30, marking an increase of 19.32.
- For PBT / Share (Rs.), as of Mar 25, the value is 61.39. This value is within the healthy range. It has increased from 41.98 (Mar 24) to 61.39, marking an increase of 19.41.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 46.04. This value is within the healthy range. It has increased from 31.19 (Mar 24) to 46.04, marking an increase of 14.85.
- For PBDIT Margin (%), as of Mar 25, the value is 14.89. This value is within the healthy range. It has increased from 14.85 (Mar 24) to 14.89, marking an increase of 0.04.
- For PBIT Margin (%), as of Mar 25, the value is 14.05. This value is within the healthy range. It has increased from 13.70 (Mar 24) to 14.05, marking an increase of 0.35.
- For PBT Margin (%), as of Mar 25, the value is 13.85. This value is within the healthy range. It has increased from 13.38 (Mar 24) to 13.85, marking an increase of 0.47.
- For Net Profit Margin (%), as of Mar 25, the value is 10.39. This value exceeds the healthy maximum of 10. It has increased from 9.94 (Mar 24) to 10.39, marking an increase of 0.45.
- For Return on Networth / Equity (%), as of Mar 25, the value is 25.36. This value is within the healthy range. It has increased from 21.34 (Mar 24) to 25.36, marking an increase of 4.02.
- For Return on Capital Employeed (%), as of Mar 25, the value is 32.36. This value is within the healthy range. It has increased from 27.42 (Mar 24) to 32.36, marking an increase of 4.94.
- For Return On Assets (%), as of Mar 25, the value is 5.09. This value is within the healthy range. It has increased from 3.48 (Mar 24) to 5.09, marking an increase of 1.61.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.00. This value is within the healthy range. It has decreased from 0.03 (Mar 24) to 0.00, marking a decrease of 0.03.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.49. It has increased from 0.34 (Mar 24) to 0.49, marking an increase of 0.15.
- For Current Ratio (X), as of Mar 25, the value is 1.17. This value is below the healthy minimum of 1.5. It has increased from 1.12 (Mar 24) to 1.17, marking an increase of 0.05.
- For Quick Ratio (X), as of Mar 25, the value is 0.73. This value is below the healthy minimum of 1. It has increased from 0.64 (Mar 24) to 0.73, marking an increase of 0.09.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 1.35. This value is below the healthy minimum of 4. It has increased from 0.59 (Mar 24) to 1.35, marking an increase of 0.76.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 22.56. This value is within the healthy range. It has decreased from 27.63 (Mar 24) to 22.56, marking a decrease of 5.07.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 20.88. This value is within the healthy range. It has decreased from 24.77 (Mar 24) to 20.88, marking a decrease of 3.89.
- For Earning Retention Ratio (%), as of Mar 25, the value is 77.44. This value exceeds the healthy maximum of 70. It has increased from 72.37 (Mar 24) to 77.44, marking an increase of 5.07.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 79.12. This value exceeds the healthy maximum of 70. It has increased from 75.23 (Mar 24) to 79.12, marking an increase of 3.89.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 73.25. This value is within the healthy range. It has increased from 46.46 (Mar 24) to 73.25, marking an increase of 26.79.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 52.09. This value is within the healthy range. It has increased from 32.10 (Mar 24) to 52.09, marking an increase of 19.99.
- For Enterprise Value (Cr.), as of Mar 25, the value is 15,563.86. It has increased from 5,099.62 (Mar 24) to 15,563.86, marking an increase of 10,464.24.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 3.07. This value exceeds the healthy maximum of 3. It has increased from 1.42 (Mar 24) to 3.07, marking an increase of 1.65.
- For EV / EBITDA (X), as of Mar 25, the value is 20.58. This value exceeds the healthy maximum of 15. It has increased from 9.55 (Mar 24) to 20.58, marking an increase of 11.03.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 3.80. This value exceeds the healthy maximum of 3. It has increased from 2.44 (Mar 24) to 3.80, marking an increase of 1.36.
- For Retention Ratios (%), as of Mar 25, the value is 77.43. This value exceeds the healthy maximum of 70. It has increased from 72.36 (Mar 24) to 77.43, marking an increase of 5.07.
- For Price / BV (X), as of Mar 25, the value is 9.28. This value exceeds the healthy maximum of 3. It has increased from 5.24 (Mar 24) to 9.28, marking an increase of 4.04.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 3.80. This value exceeds the healthy maximum of 3. It has increased from 2.44 (Mar 24) to 3.80, marking an increase of 1.36.
- For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. It has decreased from 0.04 (Mar 24) to 0.02, marking a decrease of 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Garden Reach Shipbuilders & Engineers Ltd:
- Net Profit Margin: 10.39%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 32.36% (Industry Average ROCE: 22.58%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 25.36% (Industry Average ROE: 16.73%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 52.09
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.73
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 53.1 (Industry average Stock P/E: 76.94)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 10.39%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Aerospace & Defense | GRSE Bhavan, 61, Garden Reach Road, Kolkata West Bengal 700024 | investor.grievance@grse.co.in http://www.grse.in |
| Management | |
|---|---|
| Name | Position Held |
| Commodore P R Hari | Chairman & Managing Director |
| Capt.(Retd.) P Sunilkumar | Director |
| Mr. Shantanu Bose | Director - Shipbuilding |
| Mr. Kamleshbhai Shashikantbhai Mirani | Non Official PartTime (Ind.) Director |
| Mr. Rajeev Prakash | Government Nominee Director |
FAQ
What is the intrinsic value of Garden Reach Shipbuilders & Engineers Ltd?
Garden Reach Shipbuilders & Engineers Ltd's intrinsic value (as of 20 October 2025) is 2145.16 which is 17.37% lower the current market price of 2,596.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 29,742 Cr. market cap, FY2025-2026 high/low of 3,538/1,180, reserves of ₹1,965 Cr, and liabilities of 10,362 Cr.
What is the Market Cap of Garden Reach Shipbuilders & Engineers Ltd?
The Market Cap of Garden Reach Shipbuilders & Engineers Ltd is 29,742 Cr..
What is the current Stock Price of Garden Reach Shipbuilders & Engineers Ltd as on 20 October 2025?
The current stock price of Garden Reach Shipbuilders & Engineers Ltd as on 20 October 2025 is 2,596.
What is the High / Low of Garden Reach Shipbuilders & Engineers Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Garden Reach Shipbuilders & Engineers Ltd stocks is 3,538/1,180.
What is the Stock P/E of Garden Reach Shipbuilders & Engineers Ltd?
The Stock P/E of Garden Reach Shipbuilders & Engineers Ltd is 53.1.
What is the Book Value of Garden Reach Shipbuilders & Engineers Ltd?
The Book Value of Garden Reach Shipbuilders & Engineers Ltd is 182.
What is the Dividend Yield of Garden Reach Shipbuilders & Engineers Ltd?
The Dividend Yield of Garden Reach Shipbuilders & Engineers Ltd is 0.53 %.
What is the ROCE of Garden Reach Shipbuilders & Engineers Ltd?
The ROCE of Garden Reach Shipbuilders & Engineers Ltd is 36.6 %.
What is the ROE of Garden Reach Shipbuilders & Engineers Ltd?
The ROE of Garden Reach Shipbuilders & Engineers Ltd is 27.6 %.
What is the Face Value of Garden Reach Shipbuilders & Engineers Ltd?
The Face Value of Garden Reach Shipbuilders & Engineers Ltd is 10.0.