Pulse
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
Garden Reach Shipbuilders & Engineers Limited

Garden Reach Shipbuilders & Engineers Limited

NSE: GRSE
Aerospace & DefenseIndustrialsMID CAPMCap ₹24.29k Cr
₹2,120.20₹17.80 (+0.85%)

Market Closed • NSE

Market cap₹24.29k Cr
Enterprise value₹20.73k Cr
P/E TTM30.33
Forward P/E23.87
P/B9.25
EPS TTM₹69.90
Forward EPS₹88.83
D/E1.42
Dividend yield0.01%
52W high₹3,339.00
52W low₹1,963.70
Price chart(1Y)
1Y Return:-19.95% (₹528.50)
H: ₹2,934.7L: ₹2,000
1W+1.84%
1M-9.39%
3M-19.07%
6M-26.37%
1Y-18.34%
Today at a glance

Day range

₹2,103.40₹2,134.00

52 week range

₹1,963.70₹3,339.00
Volume220.2K0.58x 20D avg
Free float50.00%-41.70% volume

Garden Reach Shipbuilders & Engineers Limited closed at INR2120.20 (+0.85%) on volume 0.58x its 20-day average, trading 36.5% below its 52-week high.

Technical analysis
RSI (14)37.2Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹63.30Moderate
SMA 20₹2,198.37BEARISH
SMA 50₹2,404.88BEARISH
SMA 100₹2,531.01BEARISH
SMA 200₹2,530.92BEARISH
CPR bottom₹2,118.00
Pivot₹2,112.80
CPR top₹2,107.60
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +77.5% QoQ

2026-09-18

DIVIDEND Announced

Dividend - Rs 6.70 Per Share

2026-02-03

DIVIDEND Announced

Interim Dividend - Rs 7.15 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Financial Ratios)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹34.59k Cr₹24.29k Cr142.40%≤ 33%FAIL
Non-halal income ratio–₹7.00k Cr0.00%≤ 5%PASS
Illiquid assets ratio–₹24.29k Cr—≥ 20%PASS
Receivables ratio–₹24.29k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E30.3328.10
Forward P/E23.87—
P/B9.253.00
EV/EBITDA—18.00
PEG—1.10
Earnings yield3.303.60
Growth & profitability
RevenuePAT
FY23PAT margin 9.00%
FY24PAT margin 9.90%
FY25PAT margin 10.40%
FY26PAT margin 10.70%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+25.00%
Revenue CAGR 5Y+22.40%
PAT CAGR 3Y+27.90%
PAT CAGR 5Y+26.80%
Operating margin7.48%
Net margin10.66%
Financial health & cash flow
Net debt₹34.59k CrModerate
Interest coverage—xEBIT / interest
CFO / PAT0.03x3Y average
Net debt / EBITDA—Leverage
Operating cash flow–
Capital expenditure–
Free cash flow–
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall50/100
Valuation50/100
Profitability50/100
Financial health50/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Established operational history in the sector

Active institutional participation

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Aerospace & Defense.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · September 2025

Ownership distribution

Sept 2025Latest holding

Category trends

Hover over a period for exact holdings

80%53%27%0%Sept 2024Dec 2024Jun 2025Sept 2025
5.14%Institutional holding
20.36%Public holding
4Periods available
0.00%Promoter pledged
3.99LShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
18 Sept 2026Dividend₹6.70 / share—18 Sept 2026
03 Feb 2026Dividend₹7.15 / share—03 Feb 2026
11 Nov 2025Dividend₹5.75 / share—11 Nov 2025
12 Sept 2025Dividend₹4.90 / share—12 Sept 2025
07 Feb 2025Dividend₹8.95 / share—07 Feb 2025
—Dividend₹1.44 / share—13 Sept 2024
23 Feb 2024Dividend₹7.92 / share—23 Feb 2024
—Dividend₹0.70 / share—15 Sept 2023
20 Feb 2023Dividend₹5.50 / share—20 Feb 2023
—Dividend₹0.85 / share—16 Sept 2022
23 Feb 2022Dividend₹4.95 / share—22 Feb 2022
—Dividend₹1.15 / share—02 Sept 2021
18 Feb 2021Dividend₹3.85 / share—17 Feb 2021
—Dividend₹1.40 / share—03 Sept 2020
27 Mar 2020Dividend₹5.74 / share—26 Mar 2020
—Dividend₹5.10 / share—12 Sept 2019
28 Mar 2019Dividend₹1.85 / share—27 Mar 2019
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)38.01%+1.98% latest vs average
Highest delivery49.76%on 08 Oct
Average volume (20D)377.6KTrading-session average
Conviction trendStrengthening+1.98% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Larsen & Toubro Limited
Larsen & Toubro LimitedLT
Open analysis
₹4.99L30.091.05%₹67,942.00₹4,988.00+6.69%+15.52%
Adani Ports and Special Economic Zone Limited
Adani Ports and Special Economic Zone LimitedADANIPORTS
Open analysis
₹4.03L29.880.43%₹10,821.00₹3,650.00+18.57%+10.24%
Hindustan Aeronautics Limited
Hindustan Aeronautics LimitedHAL
Open analysis
₹3.34L35.790.92%₹5,515.00₹1,590.00+14.44%+14.88%
Bharat Electronics Limited
Bharat Electronics LimitedBEL
Open analysis
₹2.75L44.860.66%₹5,547.00₹1,055.00+24.93%+8.88%
InterGlobe Aviation Limited
InterGlobe Aviation LimitedINDIGO
Open analysis
₹1.81L—0.00%₹24,584.10-₹237.60+19.95%-110.92%
Bharat Heavy Electricals Limited
Bharat Heavy Electricals LimitedBHEL
Open analysis
₹1.51L52.550.32%₹7,697.72₹381.91+40.29%+183.84%
ABB India Limited
ABB India LimitedABB
Open analysis
₹1.44L92.640.43%₹3,559.00₹362.00+21.05%+2.84%
CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions LimitedCGPOWER
Open analysis
₹1.33L106.680.16%₹3,281.00₹308.00+14.00%+15.36%
About Garden Reach Shipbuilders & Engineers Limited
Garden Reach Shipbuilders & Engineers Limited

Garden Reach Shipbuilders & Engineers Ltd is a premier shipbuilding company in India under the administrative control of the Ministry of Defence, primarily catering to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard. GRSE is a diversified, profit making and the first Shipyard in the country to export warships and deliver 100 warships to the Indian Navy and Indian Coast Guard.[1]

IndiaIndustrials

Questions investors ask
Is Garden Reach Shipbuilders & Engineers Limited Shariah compliant?

Garden Reach Shipbuilders & Engineers Limited is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (142.4%) exceeds AAOIFI threshold (≤ 33%).

What is Garden Reach Shipbuilders & Engineers Limited's current valuation relative to peers?

Garden Reach Shipbuilders & Engineers Limited trades at a P/E of 30.3x compared to the sector median of 28.1x, and a Price-to-Book of 9.2x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 1.42x. Interest coverage is comfortable.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 22.4% while net profit growth averaged 26.8%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.