Share Price and Basic Stock Data
Last Updated: November 28, 2025, 8:05 am
| PEG Ratio | 1.95 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Garden Reach Shipbuilders & Engineers Ltd (GRSE), operating in the Aerospace & Defense sector, reported a current market price of ₹2,785 with a market capitalization of ₹31,903 Cr. The company has shown a robust growth trajectory in its revenue, with sales increasing from ₹1,754 Cr in FY 2022 to ₹2,561 Cr in FY 2023, and projected to reach ₹5,076 Cr in FY 2025. The quarterly sales figures reflect this upward trend, with a notable rise from ₹580 Cr in Jun 2022 to ₹898 Cr in Sep 2023, culminating in ₹1,016 Cr by Mar 2024. This growth is indicative of strong demand in the defense sector, driven by increased government spending on military modernization and indigenous manufacturing initiatives. GRSE’s operational prowess is evident, as it has successfully navigated the competitive landscape, positioning itself as a key player in shipbuilding and engineering solutions for naval defense. The company’s resilience is further supported by a diversified product portfolio that includes warships, submarines, and advanced electronics.
Profitability and Efficiency Metrics
GRSE’s profitability metrics are commendable, with a reported net profit of ₹616 Cr for FY 2025, reflecting a significant increase from ₹228 Cr in FY 2023. The operating profit margin (OPM) stood at 9% for the current fiscal year, with projections of 8% for FY 2025, suggesting stable operational efficiency amidst rising costs. The return on equity (ROE) is impressive at 27.6%, while the return on capital employed (ROCE) is reported at 36.6%, both indicating effective capital utilization. The interest coverage ratio (ICR) is exceptionally high at 73.25x, showcasing the company’s ability to meet its interest obligations comfortably. Furthermore, the cash conversion cycle (CCC) of 267 days highlights effective inventory and receivables management, although it remains on the higher side compared to industry norms. Overall, GRSE’s strong profitability and efficiency metrics underscore its operational effectiveness and ability to generate shareholder value in a growing sector.
Balance Sheet Strength and Financial Ratios
The balance sheet of GRSE reflects a solid financial foundation, with total assets reported at ₹10,362 Cr and total liabilities at ₹10,362 Cr, indicating a balanced position. The company has maintained low borrowings, currently at ₹32 Cr, which significantly enhances its financial flexibility. The reserves have grown from ₹1,299 Cr in FY 2023 to ₹2,181 Cr in FY 2025, allowing for reinvestment into future projects and strengthening the equity base. The price-to-book value (P/BV) ratio is reported at 9.28x, suggesting that the market values GRSE at a premium relative to its book value, reflecting investor confidence in the company’s future prospects. With a current ratio of 1.17 and a quick ratio of 0.73, GRSE demonstrates adequate liquidity to cover short-term obligations. The retention ratio stands at 77.44%, highlighting the company’s commitment to reinvest profits for growth while maintaining a reasonable dividend payout ratio of 22.56%.
Shareholding Pattern and Investor Confidence
GRSE’s shareholding pattern indicates a stable ownership structure, with promoters holding 74.50% of the shares. This high promoter stake reflects strong confidence in the company’s long-term strategy and governance. Foreign institutional investors (FIIs) have increased their stake from 2.52% in Dec 2022 to 3.26% in Mar 2024, showcasing growing interest from international investors. Conversely, domestic institutional investors (DIIs) have seen a decline, from 7.55% in Dec 2022 to 1.99% in Sep 2025, which could be a concern for domestic investor sentiment. The public shareholding has increased from 15.43% to 20.25% over the same period, indicating a broader public interest in the company. The total number of shareholders has risen significantly, from 60,048 in Dec 2022 to 4,25,900 in Sep 2025, reflecting an expanding investor base and increasing retail participation in GRSE’s growth story.
Outlook, Risks, and Final Insight
The outlook for Garden Reach Shipbuilders & Engineers Ltd appears promising, driven by a robust order book and increasing government focus on indigenous defense production. However, potential risks include fluctuations in raw material prices and the need to navigate complex regulatory environments, which could impact margins. Additionally, the company must manage its operational efficiency amidst increasing competition in the defense sector. A strong focus on innovation and technology will be essential for maintaining a competitive edge. If GRSE can effectively address these challenges while capitalizing on growth opportunities, it could enhance shareholder value significantly. Conversely, failure to adapt to market dynamics could hinder growth prospects. Investors should monitor these factors closely to make informed decisions about their investments in GRSE.
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 | 7,773 Cr. | 2,527 | 2,719/1,152 | 168 | 243 | 0.00 % | 10.5 % | 7.51 % | 10.0 |
| DCX Systems Ltd | 2,062 Cr. | 185 | 393/178 | 52.5 | 105 | 0.00 % | 5.10 % | 3.14 % | 2.00 |
| Data Patterns (India) Ltd | 17,040 Cr. | 3,044 | 3,269/1,350 | 73.0 | 275 | 0.27 % | 21.0 % | 15.2 % | 2.00 |
| Paras Defence and Space Technologies Ltd | 5,859 Cr. | 727 | 972/401 | 82.2 | 84.0 | 0.03 % | 16.6 % | 11.8 % | 5.00 |
| Zen Technologies Ltd | 12,704 Cr. | 1,407 | 2,628/945 | 61.4 | 195 | 0.14 % | 32.9 % | 24.6 % | 1.00 |
| Industry Average | 68,416.82 Cr | 1,662.45 | 74.96 | 177.62 | 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: November 15, 2025, 5:22 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 | 5,900 |
| 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 | 5,336 |
| Operating Profit | 123 | 62 | 92 | -161 | -15 | 42 | 42 | 81 | 141 | 149 | 235 | 422 | 564 |
| OPM % | 8% | 4% | 6% | -17% | -1% | 3% | 3% | 7% | 8% | 6% | 7% | 8% | 10% |
| Other Income | 82 | 61 | 191 | 217 | 179 | 169 | 215 | 165 | 154 | 202 | 300 | 335 | 327 |
| Interest | 1 | 6 | 4 | 9 | 8 | 5 | 3 | 10 | 2 | 7 | 13 | 11 | 13 |
| Depreciation | 23 | 27 | 28 | 27 | 29 | 27 | 30 | 29 | 36 | 39 | 41 | 42 | 45 |
| Profit before tax | 181 | 90 | 252 | 20 | 128 | 179 | 224 | 207 | 257 | 305 | 481 | 703 | 833 |
| 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 | 616 |
| 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 | 53.81 |
| 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
| 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
| 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: 51.8 (Industry average Stock P/E: 74.96)
- 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 30 November 2025) is 2298.93 which is 17.45% lower the current market price of 2,785.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 31,903 Cr. market cap, FY2025-2026 high/low of 3,538/1,180, reserves of ₹2,181 Cr, and liabilities of 10,984 Cr.
What is the Market Cap of Garden Reach Shipbuilders & Engineers Ltd?
The Market Cap of Garden Reach Shipbuilders & Engineers Ltd is 31,903 Cr..
What is the current Stock Price of Garden Reach Shipbuilders & Engineers Ltd as on 30 November 2025?
The current stock price of Garden Reach Shipbuilders & Engineers Ltd as on 30 November 2025 is 2,785.
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 51.8.
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 0.50 %.
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.