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  7. Garden Reach Shipbuilders & Engineers Ltd
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HomeStocksAerospace & DefenseGarden Reach Shipbuilders & Engineers Ltd

Garden Reach Shipbuilders & Engineers Ltd Stock Price Today (NSE: GRSE)

Garden Reach Shipbuilders & Engineers Ltd

GRSEAerospace & Defense
₹1972.80₹155.00 (6.97%)↓
As on 30 Mar 2026, 12:07 pm ISTMarket Closed

Fundamental Score

...

Garden Reach Shipbuilders & Engineers Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Garden Reach Shipbuilders & Engineers Ltd share price today is ₹1972.80, down 6.97% on NSE/BSE as of 30 March 2026. Garden Reach Shipbuilders & Engineers Ltd (GRSE) is a Large-cap company in the Aerospace & Defense sector with a market capitalisation of ₹31.33K (Cr). The 52-week high for GRSE share price is ₹3538.40 and the 52-week low is ₹1405.00. At a P/E ratio of 50.83x, GRSE is currently trading below its industry average P/E of 64.22x. The company has a Return on Equity (ROE) of 27.60% and a debt-to-equity ratio of 0.01.

Garden Reach Shipbuilders & Engineers Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
₹0.00
Low
₹0.00
Volume
0
Change
-6.97%

Returns & Performance

Excellent

ROE

27.60%
Excellent

ROCE

36.64%
Poor

OPM (5Y)

7.28%

Div Yield

0.51%

Garden Reach Shipbuilders & Engineers Ltd Valuation Check

Good

P/E Ratio

50.83x
Poor

Industry P/E

64.22x
Market-cap Classification
Large-cap
Established & liquid; typically steadier returns.

Market Cap

31.33K (Cr)

Growth Engine

Excellent

Profit Growth (Q)

57.30%
Excellent

Sales Growth (Q)

45.49%
Excellent

Sales Growth (5Y)

28.78%
Excellent

EPS Growth (5Y)

25.45%
Excellent

Profit Growth (5Y)

25.45%

Balance Sheet Health

Excellent

Debt to Equity

0.01x
Excellent

Int. Coverage

63.29x

Free Cash Flow (5Y)

542.45 (Cr)

Shareholding

Excellent

Promoter

74.50%
Poor

FII

3.26%
Poor

DII

1.99%
Excellent

Pledged

0.00%

Institutional Deep-Dive

Bull Run Research Hub

Garden Reach Shipbuilders & Engineers Share Price: A Conservative Value Investor's Perspective

Analyzing the Garden Reach Shipbuilders & Engineers share price (₹2401.399902), requires a cautious approach focused on long-term capital preservation, especially in the current geopolitical landscape. The Aerospace & Defense sector is experiencing heightened demand due to increasing global instability, but sustainability of this growth needs critical evaluation.

With a Price-to-Earnings (PE) ratio of 50.83, Garden Reach Shipbuilders & Engineers appears richly valued compared to traditional value benchmarks. While the sector may command a premium, disciplined investors must carefully assess if future earnings growth can justify this valuation. Observing peers like Bharat Dynamics Ltd, it's important to consider not just financials but also qualitative factors like management quality and execution capabilities. A direct comparison with Bharat Dynamics Ltd., regarding management's track record in navigating cyclical industry trends, is essential for a complete understanding.

A key strength of Garden Reach Shipbuilders & Engineers lies in its Return on Capital Employed (ROCE) of 36.64%. This robust figure suggests efficient capital allocation and potentially indicates a competitive moat. A high ROCE demonstrates the company's ability to generate significant profits from its investments, which can be a crucial factor in sustaining long-term value creation. This high ROCE strengthens their position, enabling them to reinvest in operations and innovate. However, investors should diligently monitor if this high ROCE is sustainable or susceptible to erosion from increasing competition or changing market dynamics.

This analysis forms a small part of a comprehensive, 80-parameter fundamental audit verified by Sweta Mishra, emphasizing a conservative value investment philosophy. The objective is to assess the inherent risks and potential rewards associated with Garden Reach Shipbuilders & Engineers shares from a perspective that prioritizes capital safety and long-term value creation. This observation-based assessment is intended for informational purposes only and should not be construed as investment advice.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Garden Reach Shipbuilders & Engineers Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of GRSE across key market metrics for learning purposes.

Positive Indicators

13 factors identified

Strong Return on Equity (27.60%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (36.64%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Attractive Valuation (P/E: 50.83 vs Industry: 64.22)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Robust Profit Growth (57.30%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (45.49%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (28.78% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (25.45% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (25.45% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.01)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (63.29x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹542.45 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (74.50%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

1 factors identified

Limited Institutional Interest (FII+DII: 5.25%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

Garden Reach Shipbuilders & Engineers Ltd Financial Statements

Comprehensive financial data for Garden Reach Shipbuilders & Engineers Ltd including income statement, balance sheet and cash flow

About GRSE (Garden Reach Shipbuilders & Engineers Ltd)

Garden Reach Shipbuilders & Engineers Ltd is a multifaceted defense powerhouse, forging the sinews of India's naval might. Beyond the traditional image of a shipyard, GRSE stands a...s an integrated engineering enterprise, meticulously crafting a spectrum of sophisticated warships that project India's maritime influence. From the intricate design stage through to the final launch, GRSE demonstrates unwavering commitment to technological advancement and quality construction. Its portfolio encompasses an impressive array of vessels, including advanced frigates bristling with cutting-edge sensors and weapon systems, agile corvettes engineered for stealth and rapid response, and versatile landing ships designed for amphibious operations. Moreover, GRSE pioneers the development of specialized platforms, such as survey vessels crucial for charting the seas and fleet replenishment tankers that sustain naval operations far from home. GRSE's capabilities extend beyond shipbuilding, encompassing a diverse range of engineering solutions critical to the nation's defense infrastructure. The company actively contributes to aerospace projects, manufacturing critical components and providing engineering expertise that bolsters India's aerial defense capabilities. Furthermore, GRSE's expertise in advanced materials and precision manufacturing enables it to produce specialized equipment for land-based defense systems. This diversification showcases GRSE's adaptability and its dedication to supporting the comprehensive needs of the Indian armed forces across all domains. By fostering indigenous development and embracing innovative technologies, GRSE not only strengthens India's self-reliance in defense but also positions itself as a key player in the global defense market. GRSE's commitment to excellence is deeply rooted in its rich history and its unwavering focus on the future. The company's dedicated workforce, comprised of skilled engineers, technicians, and designers, works tirelessly to deliver cutting-edge solutions that meet the evolving challenges of modern warfare. With a strong emphasis on research and development, GRSE is constantly pushing the boundaries of naval technology, exploring new materials, propulsion systems, and sensor technologies to maintain its competitive edge. As India's strategic interests continue to expand in the maritime domain and beyond, Garden Reach Shipbuilders & Engineers Ltd remains a steadfast partner, committed to safeguarding the nation's security and prosperity through innovative engineering and unwavering dedication.

Company Details

Symbol:GRSE
Industry:Aerospace & Defense
Sector:Aerospace & Defense
Website:https://www.grse.in

Key Leadership

Commodore P. R. Hari IN (Retd)
MD & Chairman
Commander Shantanu Bose IN(Retd.)
Director of Shipbuilding & Director
Mr. Niranjan Mukund Bhalerao
CFO & Director of Finance

Corporate Events

Recent
Ex-Dividend Date
2025-11-11

Latest News

GRSE delivers second anti-submarine warfare shallow watercraft to Indian Navy - The Economic Times
The Economic Times• 9/13/2025
GRSE pays interim dividend of Rs 102.52 crore for FY 2024-25; hands over Rs 76.38 crore to Govt - PSU Watch
PSU Watch• 5/26/2025
Top movers today June 25: Sensex zooms over 680 pts, IT stocks led gains, defence majors BEL, Mazagon, GRSE, Cochin Shipyard, BDL in red - BusinessLine
BusinessLine• 6/25/2025

GRSE Share Price: Frequently Asked Questions

What is the current share price of Garden Reach Shipbuilders & Engineers Ltd (GRSE)?

As of 30 Mar 2026, 12:07 pm IST, Garden Reach Shipbuilders & Engineers Ltd share price is ₹1972.80. The GRSE stock has a market capitalisation of ₹31.33K (Cr) on NSE/BSE.

Is GRSE share price Overvalued or Undervalued?

GRSE share price is currently trading at a P/E ratio of 50.83x, compared to the industry average of 64.22x. Based on this relative valuation, the Garden Reach Shipbuilders & Engineers Ltd stock appears to be Undervalued against its sector peers.

What is the 52-week high and low of GRSE share price?

The 52-week high of GRSE share price is ₹3538.40 and the 52-week low is ₹1405.00. These values are updated daily from NSE/BSE price data.

What factors affect the Garden Reach Shipbuilders & Engineers Ltd share price?

Key factors influencing GRSE share price include quarterly earnings growth (Sales Growth: 45.49%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

Is Garden Reach Shipbuilders & Engineers Ltd a good stock for long-term investment?

Garden Reach Shipbuilders & Engineers Ltd shows a 5-year Profit Growth of 25.45% and an ROE of 27.60%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.01 before investing in GRSE shares.

How does Garden Reach Shipbuilders & Engineers Ltd compare with its industry peers?

Garden Reach Shipbuilders & Engineers Ltd competes with major peers in the Aerospace & Defense. Investors should compare GRSE share price P/E of 50.83x and ROE of 27.60% against the industry averages to determine competitive standing.

What is the P/E ratio of GRSE and what does it mean?

GRSE share price has a P/E ratio of 50.83x compared to the industry average of 64.22x. Investors pay ₹51 for every ₹1 of annual earnings.

How is GRSE performing according to Bull Run's analysis?

GRSE has a Bull Run fundamental score of 75.8/100, indicating strong fundamentals and excellent investment quality. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does GRSE belong to?

GRSE operates in the Aerospace & Defense industry. This classification helps understand the competitive landscape and sector-specific trends affecting Garden Reach Shipbuilders & Engineers Ltd share price.

What is Return on Equity (ROE) and why is it important for GRSE?

GRSE has an ROE of 27.60%, which indicates excellent management efficiency. ROE measures how efficiently Garden Reach Shipbuilders & Engineers Ltd generates profits from shareholders capital.

How is GRSE debt-to-equity ratio and what does it indicate?

GRSE has a debt-to-equity ratio of 0.01, which indicates conservative financing with low financial risk.

What is GRSE dividend yield and is it a good dividend stock?

GRSE offers a dividend yield of 0.51%, meaning you receive ₹0.51 annual dividend for every ₹100 invested in Garden Reach Shipbuilders & Engineers Ltd shares.

How has GRSE share price grown over the past 5 years?

GRSE has achieved 5-year growth rates of: Sales Growth 28.78%, Profit Growth 25.45%, and EPS Growth 25.45%.

What is the promoter holding in GRSE and why does it matter?

Promoters hold 74.50% of GRSE shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Garden Reach Shipbuilders & Engineers Ltd.

What is GRSE market capitalisation category?

GRSE has a market capitalisation of ₹31332 crores, placing it in the Large-cap category.

How volatile is GRSE stock?

GRSE has a beta of N/A. A beta > 1 suggests the Garden Reach Shipbuilders & Engineers Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is GRSE operating profit margin trend?

GRSE has a 5-year average Operating Profit Margin (OPM) of 7.28%, indicating the company's operational efficiency.

How is GRSE quarterly performance?

Recent quarterly performance shows Garden Reach Shipbuilders & Engineers Ltd YoY Sales Growth of 45.49% and YoY Profit Growth of 57.30%.

What is the institutional holding pattern in GRSE?

GRSE has FII holding of 3.26% and DII holding of 1.99%. Significant institutional holding often suggests professional confidence in the Garden Reach Shipbuilders & Engineers Ltd stock.

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Frequently Asked Questions about Garden Reach Shipbuilders & Engineers Ltd

What is the current share price of Garden Reach Shipbuilders & Engineers Ltd?

Garden Reach Shipbuilders & Engineers Ltd (GRSE) trades at ₹1972.80 on NSE and BSE. Market cap ₹31.33K (Cr). Educational data only.

What is the P/E ratio of Garden Reach Shipbuilders & Engineers Ltd?

Garden Reach Shipbuilders & Engineers Ltd has a P/E of 50.83x vs industry average 64.22x.

What is the Bull Run score for Garden Reach Shipbuilders & Engineers Ltd?

Garden Reach Shipbuilders & Engineers Ltd has a Bull Run score of 75.8/100 based on 25+ financial parameters.

Does Garden Reach Shipbuilders & Engineers Ltd pay dividends?

Garden Reach Shipbuilders & Engineers Ltd has a dividend yield of 0.51%. Past dividends don't guarantee future payments.

What is the ROE of Garden Reach Shipbuilders & Engineers Ltd?

Garden Reach Shipbuilders & Engineers Ltd has ROE of 27.60%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Garden Reach Shipbuilders & Engineers Ltd?

Garden Reach Shipbuilders & Engineers Ltd has debt-to-equity of 0.01.

Is Garden Reach Shipbuilders & Engineers Ltd a good investment?

Bull Run gives Garden Reach Shipbuilders & Engineers Ltd a score of 75.8/100. This is not investment advice — consult a SEBI-registered advisor.