Garden Reach Shipbuilders & Engineers Ltd. (IN:GRSE)
:GRSE
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GRSE Stock Chart & Stats
₹2435.25
-₹8.90(-0.58%)
At close: 4:00 PM EST
₹2435.25
-₹8.90(-0.58%)
Day’s Range― - ―
52-Week Range₹1,741.20 - ₹3,535.00
Previous CloseN/A
Volume298.91K
Average Volume (3M)173.51K
Market Cap
₹326.87B
Enterprise Value₹298.12B
Total Cash (Recent Filing)₹31.57B
Total Debt (Recent Filing)₹319.74M
Price to Earnings (P/E)41.0
Beta2.70
Next Earnings
May 27, 2026EPS Estimate
12.6Next Dividend Ex-DateN/A
Dividend Yield0.8%
Share Statistics
EPS (TTM)14.90
Shares Outstanding114,552,000
10 Day Avg. Volume108,904
30 Day Avg. Volume173,512
Financial Highlights & Ratios
PEG Ratio0.77
Price to Book (P/B)9.32
Price to Sales (P/S)3.82
P/FCF Ratio-376.41
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹2,670.00Price Target Upside9.64% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)88.7
Revenue Forecast (FY)₹85.70B
Bulls Say, Bears Say
Bulls Say
Revenue & Margin ImprovementGRSE’s reported strong revenue growth and rising gross/EBIT margins indicate durable operational improvements. For a defense shipbuilder, expanding top-line with better margins signals improved project cost control, pricing power on complex contracts, and stronger long-term profitability and reinvestment capacity.
Solid Balance Sheet / Low LeverageA solid equity base and moderate leverage provide financial flexibility essential for long-duration shipbuilding projects. Lower reliance on debt reduces refinancing and interest risks, enabling GRSE to fund working capital, absorb project overruns, and bid competitively for follow-on government contracts over the medium term.
Improving Cash ManagementEvidence of recovering operating and free cash flows suggests management has begun closing the gap between reported earnings and cash generation. Stronger cash conversion supports milestone-driven contract execution, reduces dependence on short-term financing, and improves capacity to invest in yard capacity and maintenance.
Bears Say
Uneven Cash GenerationVolatility between profits and cash flow poses a structural risk for a business with long build cycles. Milestone-tied payments and receivable timing can force interim borrowing, strain working capital, and impair the company’s ability to self-fund capex or absorb delays, affecting execution reliability.
Relatively High Total LiabilitiesElevated aggregate liabilities increase exposure to liquidity and refinancing risk if contract timings slip. In a capital-intensive yard, high liabilities can constrain free cash flow, raise interest costs, and limit strategic spending on capacity or technology, weakening competitive positioning over time.
Concentration On Government Defense OrdersHeavy dependence on MoD and coast guard contracts creates revenue lumpiness and political/procurement exposure. Order timing, budget cycles, or policy shifts can quickly affect backlog and near-term revenue visibility, making execution and order-book renewal critical risks to sustained growth.
Garden Reach Shipbuilders & Engineers Ltd. News
GRSE FAQ
What was Garden Reach Shipbuilders & Engineers Ltd.’s price range in the past 12 months?
Garden Reach Shipbuilders & Engineers Ltd. lowest stock price was ₹1741.20 and its highest was ₹3535.00 in the past 12 months.
What is Garden Reach Shipbuilders & Engineers Ltd.’s market cap?
Garden Reach Shipbuilders & Engineers Ltd.’s market cap is ₹326.87B.
When is Garden Reach Shipbuilders & Engineers Ltd.’s upcoming earnings report date?
Garden Reach Shipbuilders & Engineers Ltd.’s upcoming earnings report date is May 27, 2026 which is in 28 days.
How were Garden Reach Shipbuilders & Engineers Ltd.’s earnings last quarter?
Garden Reach Shipbuilders & Engineers Ltd. released its earnings results on Jan 28, 2026. The company reported ₹14.9 earnings per share for the quarter, beating the consensus estimate of ₹14.1 by ₹0.8.
Is Garden Reach Shipbuilders & Engineers Ltd. overvalued?
According to Wall Street analysts Garden Reach Shipbuilders & Engineers Ltd.’s price is currently Undervalued.
Does Garden Reach Shipbuilders & Engineers Ltd. pay dividends?
Garden Reach Shipbuilders & Engineers Ltd. pays a Notavailable dividend of ₹5.75 which represents an annual dividend yield of 0.8%. See more information on Garden Reach Shipbuilders & Engineers Ltd. dividends here
What is Garden Reach Shipbuilders & Engineers Ltd.’s EPS estimate?
Garden Reach Shipbuilders & Engineers Ltd.’s EPS estimate is 12.6.
How many shares outstanding does Garden Reach Shipbuilders & Engineers Ltd. have?
Garden Reach Shipbuilders & Engineers Ltd. has 114,552,000 shares outstanding.
What happened to Garden Reach Shipbuilders & Engineers Ltd.’s price movement after its last earnings report?
Garden Reach Shipbuilders & Engineers Ltd. reported an EPS of ₹14.9 in its last earnings report, beating expectations of ₹14.1. Following the earnings report the stock price went up 5.589%.
Which hedge fund is a major shareholder of Garden Reach Shipbuilders & Engineers Ltd.?
Currently, no hedge funds are holding shares in IN:GRSE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Garden Reach Shipbuilders & Engineers Ltd.
Garden Reach Shipbuilders & Engineers Limited engages in the construction of war ships in India. The company offers frigates, anti-submarine warfare corvettes, missile corvettes, landing ship tanks, landing craft utilities, survey vessels, fleet replenishment tankers, fast patrol vessels, offshore patrol vessels, inshore patrol vessels, water jet fast attack craft, hovercrafts, and fast interceptor boats to the Indian Navy, Indian Coast Guard, and other governments. It also provides portable bridges, deck machinery items, marine pumps, anchor capstan, anchor windlass, mooring and dock capstan, general purpose davits, ammunition davit/ rocket launcher davit, electric boat and electro-hydraulic boat davits, electro-hydraulic deck cranes, survey motorboat and hydrographic davits, oceanographic winch, anchor cum general purpose winches for beaching operations, telescopic hangars, helo traversing systems, and various types of naval pumps. In addition, the company engages in the testing and overhauling of marine propulsion engines, as well as assembly of semi-knocked down units of diesel engines. Garden Reach Shipbuilders & Engineers Limited was incorporated in 1934 and is based in Kolkata, India.
GRSE Stock 12 Month Forecast
Average Price Target
₹2,670.00
▲(9.64% Upside)
Technical Analysis
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