Want to see IN:GRSE full AI Analyst Report?
GRSE Stock Chart & Stats
₹2565.45
₹81.70(3.18%)
At close: 4:00 PM EDT
₹2565.45
₹81.70(3.18%)
Day’s Range― - ―
52-Week Range₹1,965.00 - ₹3,338.90
Previous CloseN/A
Volume479.44K
Average Volume (3M)173.51K
Market Cap
₹298.04B
Enterprise Value₹258.56K
Total Cash (Recent Filing)₹33.88B
Total Debt (Recent Filing)₹373.98M
Price to Earnings (P/E)37.2
Beta2.25
Next Earnings
Nov 06, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.68%
Share Statistics
EPS (TTM)65.30
Shares Outstanding114,552,000
10 Day Avg. Volume108,904
30 Day Avg. Volume173,512
Financial Highlights & Ratios
PEG Ratio0.72
Price to Book (P/B)8.61
Price to Sales (P/S)3.23
P/FCF Ratio-168.52
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)80.54
Revenue Forecast (FY)₹86.04B
Bulls Say, Bears Say
Bulls Say
Sustained Revenue And Earnings GrowthMulti-year revenue compounding and rising ROE to ~28% signal durable earnings power and improving capital efficiency. This supports reinvestment in shipyard capacity and credibility in competitive defence bids, underpinning medium-term cash generation potential if execution remains steady.
Conservative Balance Sheet With Equity Build-upGenerally low leverage and steady equity growth provide financial flexibility to fund multi-year shipbuilding projects and absorb timing mismatches in milestone payments. A stronger equity base reduces refinancing risk and supports capital allocation toward backlog execution and lifecycle services.
Stable Government Customer BaseBeing government-owned and primarily serving the Indian Navy/Coast Guard creates a predictable, strategic contract pipeline and high barriers to entry. This structural demand supports long lead-time project visibility and recurring maintenance/service follow-ons over the medium term.
Bears Say
Volatile, Weak Cash GenerationRepeated negative operating cash flow and inconsistent free cash flow reduce earnings quality and increase reliance on balance sheet liquidity. For a capital-intensive, milestone-driven shipbuilder, this creates sustained execution and working-capital risk that can constrain capex or dividend flexibility.
Margin VolatilityMeaningful gross-margin swings point to exposure to cost, mix, or contract pricing variability. In a fixed-price, long-cycle defence business, margin instability undermines predictability of project economics and can erode returns during tougher procurement or supply-cost phases.
Debt Variability And Timing RiskIntermittent debt spikes suggest reliance on short-term borrowing to smooth project cash requirements. This variability implies working-capital and project-timing pressure that can tighten liquidity in downturns or delay deliveries, increasing execution risk despite overall manageable leverage.
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 ₹1965.00 and its highest was ₹3338.90 in the past 12 months.
What is Garden Reach Shipbuilders & Engineers Ltd.’s market cap?
Garden Reach Shipbuilders & Engineers Ltd.’s market cap is ₹298.04B.
When is Garden Reach Shipbuilders & Engineers Ltd.’s upcoming earnings report date?
Garden Reach Shipbuilders & Engineers Ltd.’s upcoming earnings report date is Nov 06, 2026 which is in 92 days.
How were Garden Reach Shipbuilders & Engineers Ltd.’s earnings last quarter?
Garden Reach Shipbuilders & Engineers Ltd. released its earnings results on Jul 29, 2026. The company reported ₹15.1 earnings per share for the quarter, beating the consensus estimate of ₹12.3 by ₹2.8.
Is Garden Reach Shipbuilders & Engineers Ltd. overvalued?
According to Wall Street analysts Garden Reach Shipbuilders & Engineers Ltd.’s price is currently Overvalued.
Does Garden Reach Shipbuilders & Engineers Ltd. pay dividends?
Garden Reach Shipbuilders & Engineers Ltd. pays a Quarterly dividend of ₹7.15 which represents an annual dividend yield of 0.68%. 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 for its next earnings report is not yet available.
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 ₹15.1 in its last earnings report, beating expectations of ₹12.3. Following the earnings report the stock price went up 0.465%.
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 (GRSE) is an Indian company primarily engaged in the fabrication of naval vessels. They provide a comprehensive range of maritime platforms to the Indian Navy, the Indian Coast Guard, and various other national governments. Their extensive portfolio includes major combat ships such as frigates, anti-submarine warfare (ASW) corvettes, and missile corvettes, alongside logistical support vessels like landing ship tanks, landing craft utilities, and fleet replenishment tankers. Additionally, GRSE constructs specialized craft, including survey vessels, various patrol boats (fast, offshore, and inshore), water jet fast attack craft, hovercrafts, and rapid interceptor boats. Beyond shipbuilding, the company also manufactures a diverse array of marine engineering equipment. This encompasses portable bridges and a wide selection of deck machinery, such as different types of marine and naval pumps, anchor and mooring capstans, anchor windlasses, and various davits (for general purposes, ammunition, boat-launching, survey, and hydrographic operations). They further produce electro-hydraulic deck cranes, oceanographic winches, specialized anchor-cum-general purpose winches for beaching, telescopic hangars, and helicopter traversing systems. Furthermore, GRSE offers services in the testing and refurbishment of marine propulsion engines, in addition to assembling semi-knocked-down (SKD) units of diesel engines. Founded in 1934, Garden Reach Shipbuilders & Engineers Limited is based in Kolkata, India.
Technical Analysis
Bharat Electronics Limited
―
Cochin Shipyard Limited
―
Data Patterns (India) Limited
―
Mazagon Dock Shipbuilders Ltd.
―
Paras Defence & Space Technologies Ltd.
―



