Share Price and Basic Stock Data
Last Updated: November 8, 2025, 6:24 am
| PEG Ratio | 1.98 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Garden Reach Shipbuilders & Engineers Ltd operates within the aerospace and defense sector, reporting a market capitalization of ₹29,462 Cr. The company’s stock price was ₹2,572, reflecting a P/E ratio of 52.6. Revenue from operations exhibited a robust growth trajectory, standing at ₹2,561 Cr for the fiscal year ending March 2023, which rose to ₹5,076 Cr for the fiscal year ending March 2025. Notably, the trailing twelve months (TTM) revenue was reported at ₹5,376 Cr. Quarterly sales figures illustrated a consistent upward trend, with sales rising from ₹580 Cr in June 2022 to ₹1,310 Cr by June 2025, indicating a strong demand for its products. This growth was complemented by a quarterly sales record of ₹1,642 Cr in March 2025. Overall, Garden Reach’s revenue trajectory highlights its strategic positioning in a growing market, capitalizing on increased defense spending and a focus on indigenous manufacturing in India.
Profitability and Efficiency Metrics
Garden Reach Shipbuilders & Engineers Ltd reported a net profit of ₹560 Cr, reflecting a net profit margin of 10.39% for the fiscal year ending March 2025. The company’s operating profit margin (OPM) was recorded at 9%, with operating profits rising significantly to ₹422 Cr by March 2025. Efficiency metrics indicate a healthy return on equity (ROE) of 27.6% and a return on capital employed (ROCE) of 36.6%, both of which are favorable compared to typical sector benchmarks. Additionally, the interest coverage ratio (ICR) stood at an impressive 73.25x, demonstrating the company’s ability to meet its interest obligations comfortably. However, the cash conversion cycle (CCC) was reported at 267 days, which may indicate potential inefficiencies in managing working capital. Overall, the profitability and efficiency metrics suggest that Garden Reach is effectively utilizing its resources to generate returns while maintaining a solid profit structure.
Balance Sheet Strength and Financial Ratios
The financial health of Garden Reach Shipbuilders & Engineers Ltd is underscored by its balance sheet, which reported total reserves of ₹1,965 Cr and minimal borrowings of ₹10 Cr. This positions the company with a debt-to-equity ratio of 0.00, indicating a low reliance on external debt financing. The book value per share stood at ₹181.51, suggesting that the company has a substantial equity base relative to its market capitalization. The asset turnover ratio was reported at 0.49, reflecting how efficiently the company utilizes its assets to generate sales. Furthermore, the current ratio was recorded at 1.17, demonstrating adequate liquidity to meet short-term obligations. Overall, the balance sheet metrics present a picture of financial stability and resilience, which is crucial for potential investors assessing long-term viability.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Garden Reach Shipbuilders & Engineers Ltd reveals a strong promoter holding of 74.50%. This significant stake indicates a high level of confidence from the promoters in the company’s future. Foreign institutional investors (FIIs) have gradually increased their stake from 2.52% in December 2022 to 3.85% by March 2025, suggesting growing interest from international investors. However, domestic institutional investors (DIIs) showed a declining trend, reducing their holdings from 7.55% in December 2022 to 1.90% by March 2025. The public shareholding rose from 15.43% to 19.76% over the same period, indicating increasing retail investor participation. The total number of shareholders surged to 4,25,900 by June 2025, reflecting a growing investor base. This shareholding structure may enhance market confidence, but the declining DII interest could signal caution among institutional investors.
Outlook, Risks, and Final Insight
Looking ahead, Garden Reach Shipbuilders & Engineers Ltd is well-positioned to benefit from the increasing focus on indigenous defense production and rising government expenditure in the sector. However, the company faces certain risks, including potential supply chain disruptions and fluctuating raw material costs, which could impact profitability. Additionally, the high cash conversion cycle may pose challenges in efficiently managing working capital. The company’s strong financial metrics, low debt levels, and consistent revenue growth provide a solid foundation for navigating these risks. Should the company continue to enhance operational efficiencies and capitalize on market opportunities, it could see sustained growth. Conversely, failure to address operational challenges or external market fluctuations could hinder its performance. Overall, Garden Reach presents a compelling investment opportunity, contingent on its ability to maintain its growth trajectory while effectively managing inherent risks.
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 | 7,441 Cr. | 2,419 | 2,572/1,152 | 161 | 238 | 0.00 % | 10.5 % | 7.51 % | 10.0 |
| DCX Systems Ltd | 2,302 Cr. | 207 | 393/200 | 54.4 | 104 | 0.00 % | 5.10 % | 3.14 % | 2.00 |
| Data Patterns (India) Ltd | 14,647 Cr. | 2,616 | 3,269/1,350 | 68.3 | 269 | 0.30 % | 21.0 % | 15.2 % | 2.00 |
| Paras Defence and Space Technologies Ltd | 5,453 Cr. | 677 | 972/401 | 84.4 | 79.8 | 0.04 % | 16.6 % | 11.8 % | 5.00 |
| Zen Technologies Ltd | 12,269 Cr. | 1,359 | 2,628/945 | 59.3 | 195 | 0.15 % | 32.9 % | 24.6 % | 1.00 |
| Industry Average | 68,708.82 Cr | 1,604.64 | 75.22 | 172.15 | 0.28% | 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: November 9, 2025, 2:02 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 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 124 | 124 | 124 | 124 | 115 | 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 | 2,181 |
| Borrowings | 0 | 0 | 0 | 25 | 0 | 0 | 0 | 4 | 11 | 312 | 66 | 10 | 32 |
| 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 | 8,656 |
| 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 | 10,984 |
| Fixed Assets | 363 | 366 | 344 | 358 | 389 | 302 | 304 | 340 | 501 | 508 | 493 | 515 | 563 |
| CWIP | 18 | 11 | 22 | 23 | 16 | 34 | 52 | 151 | 10 | 6 | 25 | 28 | 18 |
| Investments | 0 | 0 | 0 | 0 | 0 | 2 | 54 | 826 | 197 | 234 | 0 | 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 | 10,403 |
| 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 | 10,984 |
Below is a detailed analysis of the balance sheet data for Garden Reach Shipbuilders & Engineers Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 115.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 115.00 Cr..
- For Reserves, as of Sep 2025, the value is 2,181.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,965.00 Cr. (Mar 2025) to 2,181.00 Cr., marking an increase of 216.00 Cr..
- For Borrowings, as of Sep 2025, the value is 32.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 10.00 Cr. (Mar 2025) to 32.00 Cr., marking an increase of 22.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 8,656.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 8,274.00 Cr. (Mar 2025) to 8,656.00 Cr., marking an increase of 382.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 10,984.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 10,362.00 Cr. (Mar 2025) to 10,984.00 Cr., marking an increase of 622.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 563.00 Cr.. The value appears strong and on an upward trend. It has increased from 515.00 Cr. (Mar 2025) to 563.00 Cr., marking an increase of 48.00 Cr..
- For CWIP, as of Sep 2025, the value is 18.00 Cr.. The value appears to be declining and may need further review. It has decreased from 28.00 Cr. (Mar 2025) to 18.00 Cr., marking a decrease of 10.00 Cr..
- For Investments, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Other Assets, as of Sep 2025, the value is 10,403.00 Cr.. The value appears strong and on an upward trend. It has increased from 9,819.00 Cr. (Mar 2025) to 10,403.00 Cr., marking an increase of 584.00 Cr..
- For Total Assets, as of Sep 2025, the value is 10,984.00 Cr.. The value appears strong and on an upward trend. It has increased from 10,362.00 Cr. (Mar 2025) to 10,984.00 Cr., marking an increase of 622.00 Cr..
Notably, the Reserves (2,181.00 Cr.) exceed the Borrowings (32.00 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: 47.8 (Industry average Stock P/E: 75.22)
- 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 08 November 2025) is 2122.25 which is 17.55% lower the current market price of 2,574.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 29,487 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 29,487 Cr..
What is the current Stock Price of Garden Reach Shipbuilders & Engineers Ltd as on 08 November 2025?
The current stock price of Garden Reach Shipbuilders & Engineers Ltd as on 08 November 2025 is 2,574.
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 47.8.
What is the Book Value of Garden Reach Shipbuilders & Engineers Ltd?
The Book Value of Garden Reach Shipbuilders & Engineers Ltd is 200.
What is the Dividend Yield of Garden Reach Shipbuilders & Engineers Ltd?
The Dividend Yield of Garden Reach Shipbuilders & Engineers Ltd is 0.54 %.
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.