Garden Reach Shipbuilders & Engineers Ltd Share Price

Aerospace & Defence

NSE: GRSE Small Cap ISIN: INE382Z01011

As on 05 June 2026 at 23:10 IST

₹2,721

+ 44.50

(1.66%)

Sell Buy

Garden Reach Shipbuilders & Engineers Q1 FY26 Results:

Profit for the period increased by 27.6% to ₹1,382.41 crores in Q1 FY26, compared to ₹1,083.58 crores in Q1 FY25. Total income for the quarter rose by 37.8% year-on-year to ₹120.17 crores, up from ₹87.19 crores.

About Garden Reach Shipbuilders & Engineers Ltd

Garden Reach Shipbuilders & Engineers Ltd. (GRSE) is a premier defence public sector undertaking company. It specializes in ship design, construction, and repair for the Indian Navy and Coast Guard. GRSE was founded in 1934. Over the decades, the company transformed from a private enterprise to a strategic government-owned shipbuilding entity. It is headquartered in Kolkata, West Bengal. GRSE's main products include warships, patrol vessels, landing craft, and offshore patrol vessels. Operating in the Defense & Engineering sector, GRSE has been a critical contributor to India's maritime defence infrastructure and Indigenous shipbuilding capabilities. +

Over 1 Month

-3.66%

Over 6 Months

4.92%

Over 1 Year

-20.26%

Over 3 Years

430%

Garden Reach Shipbuilders & Engineers Ltd Summary

Close ₹2,676.50

Open ₹2,590

High ₹2,709

Low ₹2,590

Volume 11,88,201

Net Turnover (in Cr) ₹317.77

52Wk High ₹3,538.40

52Wk Low ₹1,963.70

52Wk High / Low

1,963.70

3,538.40

Garden Reach Shipbuilders & Engineers Ltd Fundamentals

Key Financial Data

Market Cap (in Cr) ₹30,659.84

EPS (TTM) 65.29

Book Value (BV) 229.25

Div. Yield 0.73 %

P/E (TTM) 41

Price/Book Value 11.68

Delivery % 25.36 %

Face Value 10

Key Ratios

PE Ratio 36.59

PB Ratio 9.28

EV to Sales 3.07

PEG Ratio 0.77

ROA 24.07

ROE 28.11

Debt-Equity 0.02

Net Profit Margin 10.39

Operating Profit Margin 14.91

Garden Reach Shipbuilders & Engineers Ltd Financials

Consolidated

Standalone

Yearly

Quarterly

Profit and Loss

No data available

Balance Sheet

No data available

Cash Flow

No data available

Profit and Loss

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Total Revenue	5,410.53	3,892.26	2,762.98	1,915.77	1,326.56
Total Expenses	4,707.24	3,411.34	2,457.76	1,650.84	1,098.69
Profit Before Tax	703.29	480.92	305.22	257.24	207.12
Profit After Tax	527.40	357.27	228.12	189.53	153.47
Operating Profit After Depreciation	713.61	492.41	311.70	266.36	228.55

Balance Sheet

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Fixed Assets	521.93	505.71	508.81	500.65	340.20
Total Non Current Assets	830.04	806.13	810.10	1,805.63	1,305.75
Total Current Assets	9,524.19	9,445.78	9,965.83	5,826.36	5,477.46
Total Assets	10,354.23	10,251.91	10,775.93	7,631.99	6,783.21
Total Shareholder's Fund	2,079.26	1,673.44	1,413.82	1,257.89	1,137.12

Cash Flow

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Net Cash From Operating Activities	15.59	-706.89	1,450.23	-355.70	515.28
Net Cash Used In Investing Activities	169.78	1,055.70	-1,666.29	428.58	-1,172.73
Net Cash Used In Financing Activities	-186.75	-357.52	220.33	-72.49	-62.45

No data available

Particulars (in ₹ Cr.)	2026-03	2025-12	2025-09	2025-06	2025-03
Total Revenue	2,119.21	1,895.69	1,677.38	1,309.87	1,642.04
Total Expenses	1,763.91	1,723.77	1,521.22	1,197.96	1,421.33
Profit Before Tax	410.84	217.77	209.36	166.72	323.55
Profit After Tax	303.20	170.77	153.79	120.18	244.25
Operating Profit after Depreciation	426.45	233.92	224.85	184.46	334.92

Garden Reach Shipbuilders & Engineers Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 2,608

S2 2,539.50

S3 2,489

Pivot 2,658.50

R1 2,727

R2 2,777.50

R3 2,846

Moving Average

20 SMA 2,727.03

50 SMA 2,623.03

100 SMA 2,533.67

200 SMA 2,550.69

Garden Reach Shipbuilders & Engineers Ltd Corporate Actions

Garden Reach Shipbuilders & Engineers Ltd

₹7.15/Share

Announcement Date 03 Feb 2026

Record Date 03 Feb 2026

Div Yield 71%

AGM Date: 10 Sep 2021

AGM 10/09/2021 This is to inform that the 105th Annual General Meeting ('AGM') of the Company will be held on Friday, 10th September, 2021 at 1030 hours through Video Conferencing ('VC') / Other Audio-Visual Means ('OAVM') to transact the business as set out in the AGM Notice dated 26th July, 2021. In terms of Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Register of Members and Share Transfer Books of the Company shall remain closed from 04th September, 2021 to 10th September, 2021 (both days inclusive) for the purpose of 105th AGM of the Company and payment of final dividend. The final dividend for financial year 2020-21, if declared at the 105th AGM, will be payable within 30 days from the date of declaration, to those members whose names appear on the Company''s Register of Members / Beneficial Owners as at the closure of business hours on 03rd September, 2021 (record date). (As Per BSE Announcement Dated on 16.08.2021) This has reference to our letter No. SECY/GRSE/BD-69/CA/12/21-22 dated 16 Aug 2021 on the subject matter of Intimation of 105th Annual General Meeting Book Closure and Dividend. In this regard please find enclosed the following: a) Voting Results of the business transacted at the AGM of the Company as required under Regulation 44 of the SEBI (LODR) Regulations 2015. b) The Scrutinizers Report dated 10 Sep 2021 pursuant to Section 108 of the Companies Act 2013 read with Rule 20 of the Companies (Management and Administration) Rules 2014. (As Per BSE Announcement Dated on 9/11/2021 10:22:23 AM)

AGM Date: 26 Sep 2022

AGM 26/09/2022 This is to inform that the 106th Annual General Meeting ('AGM') of the Company will be held on Monday, 26th September, 2022 at 1030 hours through Video Conferencing ('VC') / Other Audio-Visual Means ('OAVM') to transact the business as set out in the AGM Notice dated 11th August, 2022. Further, in terms of Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Register of Members and Share Transfer Books of the Company shall remain closed from 20th September, 2022 to 26th September, 2022 (both days inclusive) for the purpose of 106th AGM of the Company and payment of final dividend. 3. The final dividend for financial year 2021-22, if declared at the 106th AGM, will be payable within 30 days from the date of declaration to those members whose names appear on the Company''s Register of Members / Beneficial Owners as at the closure of business hours on 19th September, 2022 (record date). This is to inform that the 106th Annual General Meeting ('AGM') of the Company will be held on Monday, 26th September, 2022 at 1030 hours through Video Conferencing ('VC') / Other Audio-Visual Means ('OAVM') to transact the business as set out in the AGM Notice dated 11th August, 2022 Pursuant to Regulation 34(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations'), we are submitting herewith the Annual Report 2021-22 of the Company along with the Notice of 106th AGM which is being sent through electronic mode to the Members of the Company. The Annual Report 2021-22 along with the Notice of the 106th AGM is also uploaded on the Company's website at www.grse.in. This is to inform that the 106th Annual General Meeting ('AGM') of the Company will be held on Monday, 26th September, 2022 at 1030 hours through Video Conferencing ('VC') / Other Audio-Visual Means ('OAVM') to transact the business as set out in the AGM Notice dated 11th August, 202. Pursuant to Regulation 34(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations'), we are submitting herewith the Annual Report 2021-22 of the Company along with the Notice of 106th AGM which is being sent through electronic mode to the Members of the Company. (As per BSE Announcement Dated on 1/9/2022) Pursuant to Regulation 30 of SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015, we hereby informed that the Comptroller & Auditor General of India vide its letter No.CA.V/COY/CENTRAL GOVERNMENT,GRSE(1)/475 dated 30 Aug 2022 has re-appointed M/s. Mookherjee Biswas & Pathak, Chartered Accountants, Kolkata as Statutory Auditor for the Company, u/s 139 (5) of the Companies Act, 2013, for the FY 2022-23. This has reference to our letter No. SECY/GRSE/BD-69/CA/23/22-23 dated 01 Sep 2022 on the subject matter of ''Intimation of 106th Annual General Meeting, Book Closure and Dividend''. In this regard, please find herewith the following: a) Voting Results of the business transacted at the Annual General Meeting (AGM) of the Company held on 26 Sep 2022 b) The Scrutinizer''s Report dated 26 Sep 2022 The 106th Annual General Meeting of the Members of the Company was held on Monday, 26th September, 2022 at 1030 Hrs., through Video Conference / Other Audio Visual Means (VC/OAVM), in accordance with MCA and SEBI Circulars, to transact the business as stated in the Notice dated 11th August, 2022 convening the AGM. In this regard, please find herewith the Summary of the proceedings of the AGM of the Company as required under Regulation 30 read with Part A of Schedule - III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. (As Per BSE Announcement Dated on 26.09.2022)

AGM Date: 22 Sep 2023

AGM 22/09/2023 The 107th Annual General Meeting of the Members of the Company was held on Friday, 22nd Sep 2023 at 1030 Hrs., through VC/ OAVM, in accordance with MCA and SEBI Circulars, to transact the business as stated in the Notice dated 11th Aug 2023 convening the AGM. In this regard, please find enclosed the summary of the proceedings of the AGM of the Company as required under Reg 30 read with para A of Schedule -III of SEBI, LODR, 2015. (As per BSE Announcement Dated on 22/09/2023) This has reference to our letter no. SECY/GRSE/BD-69/CA/13/23-24 dated 30 Aug 2023 on the subject matter of '' Intimation of 107th Annual General Meeting, Book Closure and Dividend. In this regard, please find enclosed the following: a) Voting Results of the business transacted at the AGM of the Company as required under Reg 44 of SEBI LODR, 2015 b) Scrutinizers report dated 22 Sep 2023 pursuant to section 108 of the Companies Act 2013, read with the relevant rules. (As per BSE Announcement Dated on 23/09/2023)

AGM Date: 20 Sep 2024

AGM 20/09/2024 The 108th Annual General Meeting of the Members of the Company was held on Friday, 20th September, 2024 at 1030 Hrs., through Video Conference / Other Audio Visual Means, in accordance with MCA and SEBI Circulars, to transact the business as stated in the Notice dated 08th August, 2024 convening the AGM. In this regard, please find enclosed the Summary of the proceedings of the AGM of the Company as required under the Reg 30 read with Para A of Schedule III of the SEBI (LODR) Regulations, 2015. Read less.. (As Per BSE Announcement Dated on 20.09.2024)

AGM Date: 19 Sep 2025

AGM 19/09/2025 This is to inform you that the 109 AGM of the Company will be held on Friday, 19 Sep 2025 at 1030 Hrs through Video Conferencing/ Other Audio Visual Means to transact the Business as set out in the AGM Notice dated 08 Aug 2025, in accordance with the applicable circulars issues by MCA and SEBI. The deemed venue for 109th AGM shall be Registered and Corporate Office of the Company. Further, in terms of Reg 42, we wish to inform you that Register of Members and Share Transfer Books of the Company shall remain closed from 13 Sep 2025 to 19 Sep 2025 (both days inclusive) for the purpose of AGM and payment of final dividend. The final dividend for FY 2024-25, if approved at the AGM, will be payable within 30 days from the date of declaration to those members whose names appear on the Company''s Register of Members/ Beneficial Owners as at the closure of business hours on 12 Sep 2025 (record date). The 109th AGM of the Members of the Company was held on Friday, 19th Sep 2025 at 1030 hours through Video Conference/ Other Audio Visual Means (VC)/ (OAVM) in accordance with MCA and SEBI circulars, to transact the business as stated in the notice dated 26 Aug 2025 convening the AGM. In this regard we have enclosed the proceedings of the AGM of the Company as required under Reg 30 read with Part A of Schedule III of the SEBI LODR Regulations 2015. This has reference to our letter dated 26 Aug 2025 on the subject matter of ''Intimation of 109th Annual General Meeting, Book Closure and Dividend''. In this regard, please find enclosed the following: a) Voting Results of the business transacted at the Annual General Meeting (AGM) of the Company held on 19 Sep 2025 as required under Reg 44 of SEBI (LODR) Regulations, 2015 b) The Scrutinizer''s Report dated 19 Sep 2025, pursuant to Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014. (As per BSE Announcement dated on: 19.09.2025)

Garden Reach Shipbuilders & Engineers Ltd Peer Comparison

Company	Price	Market Cap (in Cr)
Bharat Electronics Ltd	₹409.90	₹2,99,627.83
Hindustan Aeronautics Ltd	₹4,191.50	₹2,80,317.04
Solar Industries India Ltd	₹18,296.20	₹1,65,562.41
Mazagon Dock Shipbuilders Ltd	₹2,445.25	₹98,636.49
Bharat Dynamics Ltd	₹1,212.65	₹44,451.20

Garden Reach Shipbuilders & Engineers Ltd Top Mutal Funds Invested

Fund Name	AUM
Motilal Oswal Nifty India Defence Index Fund	2.53%
Aditya Birla SL Nifty India Defence Index Fund	2.52%
Union Small Cap Fund	1.11%
Mahindra Manulife Mid Cap Fund	1%
TRUSTMF Small Cap Fund	0.74%

Garden Reach Shipbuilders & Engineers Ltd News

GRSE gains as Q4 PAT jumps 24% YoY to Rs 303 cr

Garden Reach Shipbuilders & Engineers surged 14.56% to Rs 3,294 after its standalone net profit surged 24.1% to Rs 303.20 crore in Q4 FY26, compared with Rs 244.25 crore in Q4 FY25.

29 Apr 2026, 10:16 am

Board of Garden Reach Shipbuilders& Engineers recommends final dividend

Of Rs 6.7 per share

29 Apr 2026, 09:46 am

Garden Reach Shipbuilders& Engineers revises board meeting date

To 28 April 2026

21 Apr 2026, 05:10 pm

Garden Reach Shipbuilders& Engineers to discuss results

On 27 April 2026

11 Apr 2026, 05:05 pm

GRSE spurts on record FY26 turnover

Garden Reach Shipbuilders & Engineers (GRSE) surged 12.16% to Rs 2210.50 after the company reported record operational performance for FY26.

01 Apr 2026, 09:42 am

Garden Reach Shipbuilders & Engineers Ltd Stock Analysis

Annual revenue for Garden Reach Shipbuilders & Engineers Ltd increased by 39.01% to ₹5,410.53 crore in FY 2025 from ₹3,892.26 crore in FY 2024.
Annual Net Profit for Garden Reach Shipbuilders & Engineers Ltd increased by 47.62% to ₹527.40 crore in FY 2025 from ₹357.27 crore in FY 2024.
Promoter Shareholding in Garden Reach Shipbuilders & Engineers Ltd remains unchanged by 0.00% in the most recent quarter, from 74.50% in December 2025 to 74.50% in March 2026.
Garden Reach Shipbuilders & Engineers Ltd delivered a 1-year return of -20.26% compared to the Nifty 50, which provided a return of -4.89% as of the last trading session.
Garden Reach Shipbuilders & Engineers Ltd share price moved up by 1.66% from its previous close of INR ₹2,676.50. The latest Garden Reach Shipbuilders & Engineers Ltd share price is INR ₹2,721.
Garden Reach Shipbuilders & Engineers Ltd share price today has been at a low of 2,681 and a high of 2,723.70. Over the past 52 weeks, the Garden Reach Shipbuilders & Engineers Ltd share price has seen a low of 1,963.70 and a high of 3,538.40.

About Garden Reach Shipbuilders & Engineers Ltd

Garden Reach Shipbuilders & Engineers Ltd. (GRSE) is a premier defence public sector undertaking. It specializes in ship design, construction, and repair for the Indian Navy, Coast Guard, and maritime sectors. The company operates in the Defense & Engineering sector, specifically in shipbuilding and marine engineering.
Established in 1934, GRSE has been in business for many decades. It has a rich history of manufacturing ships and marine equipment. The company was originally founded as a private enterprise. The Government of India later acquired it. GRSE is headquartered in Kolkata, West Bengal, with its primary shipyard located in the Garden Reach area of the city.
The primary promoter of the company is the Government of India, which holds a majority stake through the Ministry of Defense. The promoter shareholding stands at 74.05%. The company's main products and services include Warships for Indian Navy Patrol vessels and Landing craft. Also, it offers Offshore patrol vessels, Ship repairs and maintenance and Marine engineering solutions.
GRSE is a significant player in the Indian shipbuilding industry, but it is not the largest in terms of market capitalization. It is one of the few shipyards capable of designing and building sophisticated naval vessels. GRSE is a premier defense shipbuilder with a unique capability to build multiple types of advanced naval vessels.
The company's registered office is at 61 Garden Reach Road, Kolkata - 700024, West Bengal. Its registrar & transfer agent is KFin Technologies Limited. P R Hari plays a crucial role in the company by serving as the chairman & managing director.
The other vital managerial promoters of the company include:

Ramesh Kumar Dash
DIG Subrato Ghosh
Sanjay Dattatraya Panse
Rajeev Prakash

The company continues to be a strategic asset in India's maritime defence infrastructure. This contributes significantly to the country's naval capabilities.

The Success of the Company

Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has carved out a remarkable success story in India's defence and maritime engineering landscape. From its humble beginnings in 1934 to becoming a premier defence public sector undertaking, the company has consistently demonstrated excellence in ship design, construction, and technological innovation. It is playing a critical role in strengthening India's naval capabilities.
Technological and Design Excellence GRSE's success is fundamentally rooted in its exceptional technological capabilities and design expertise. The company has successfully developed and delivered complex naval vessels. This includes advanced warships, patrol vessels, and specialized landing craft. Its indigenous design capabilities have been particularly noteworthy, with the company developing multiple ship classes entirely through in-house design and engineering. GRSE has been recognized for its ability to create sophisticated naval platforms. These platforms meet the Indian Navy's stringent operational requirements. This showcases the company's technological prowess and engineering innovation.
Strategic Defense Contributions The company has achieved significant success in contributing to India's maritime defence capabilities. It is consistently delivering high-performance vessels that reduce dependence on foreign shipbuilders. Thus, GRSE has been instrumental in implementing the government's indigenization and "Make in India" initiatives. Its successful delivery of advanced vessels has been crucial in strengthening India's maritime security infrastructure. The company has maintained an impressive delivery record. They complete their projects within stipulated timelines and maintain high-quality standards.
Financial and Operational Performance GRSE has demonstrated remarkable financial success, consistently delivering profitability and maintaining strong operational efficiency. It balances defence contracts with commercial shipbuilding and repair services. Thus, the company has successfully diversified its revenue streams. Its ability to secure high-value contracts from the Indian Navy and Coast Guard, coupled with efficient project execution, has ensured steady financial growth. The company has maintained healthy profit margins, achieved consistent dividend payments, and demonstrated robust financial management.
Innovation and Research Development The company's success is significantly attributed to its continuous focus on innovation, research, and development. GRSE has invested in developing cutting-edge shipbuilding technologies. This includes advanced welding techniques, modular construction methods, and sophisticated design software. Its research centres have been pivotal in developing Indigenous naval technologies, reducing reliance on imported technologies, and creating innovative solutions for complex maritime engineering challenges.
Export and International Recognition GRSE has achieved notable success in expanding its international footprint. The company has successfully exported ships to friendly foreign countries. This demonstrates its global competitiveness and technological capabilities. Its recognition in international maritime circles has been enhanced by delivering high-quality vessels. These vessels meet international standards, positioning India as a competitive shipbuilding nation.
Human Resource Development The company's success is intrinsically linked to its exceptional human resource management. GRSE has developed a highly skilled workforce through continuous training, skill upgrade programs, and knowledge transfer initiatives. Its ability to attract and keep top engineering talent has been crucial in maintaining technological leadership and operational excellence.
GRSE's success story represents a remarkable journey of technological innovation, strategic importance, and national contribution. Its success is not merely measured in financial terms but in its critical role in enhancing India's maritime capabilities. Also, this supports national defence and promotes Indigenous technological development. As India continues to strengthen its maritime infrastructure, GRSE stands positioned as a key enabler of this transformative journey, embodying the principles of innovation, excellence, and national pride.