Garden Reach Shipbuilders & Engineers financials

·Capital Goods & DefenceChart ›
Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹1,815cr+38.5% on Q1 FY26
Net profit
₹173cr+43.8% on Q1 FY26
EBITDA margin
8.2%−0.3 pts on Q1 FY26
EPS
₹15.09+43.9% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue1,8151,310+38.5%
EBITDA149112+33.3%
EBITDA margin8.2%8.5%−0.3 pts
Profit before tax232167+38.9%
Net profit173120+43.8%
EPS₹15.09₹10.49+43.9%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹1,815 crNet profit₹173 crNet margin9.5%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY25Mar 2025FY24Mar 2024FY23Mar 2023FY22Mar 2022FY21 and earlierAlpha Plus
21,738————
FY21 and earlierEvery year the company has filed comes with Alpha Plus.
3.93.95.314.09.7
0.00.055.6301—
21,734————
7,5075,0763,5932,5611,758
—+41.3%+40.3%+45.7%—
833421234149141
11.1%8.3%6.5%5.8%8.0%
782379193110105
801527357228190
10.7%10.4%9.9%8.9%10.8%
₹69.89₹46.04₹31.19₹19.91₹16.54
—+47.6%+56.6%+20.4%—
—15.6−7071,450−356
—−67.1−48.1−42.3−54.8
−51.5−51.5−7551,408−411
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

GRSE₹1,897.60

Garden Reach Shipbuilders & Engineers Ltd.

· Capital Goods & Defence
₹ CrorePeersMAZDOCKCOCHINSHIPGPILHBLENGINEDATAPATTNSJYOTICNCBEMLTRITURBINEMcap ₹21,738 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY22
31/03/2022
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
Current/LTM
TTM · last close
Market Capitalization————21,737.7
- Cash, Equiv & ST Investments9.714.05.33.93.9
+ Total Debt—301.255.60.00.0
Enterprise Value————21,733.8
Revenue1,757.52,561.13,592.65,075.77,506.9
Growth %, YoY—+45.7+40.3+41.3—
EBITDA140.7149.0234.1421.3832.6
Margin %8.015.826.528.3011.09
EBIT105.0109.9192.8378.8781.9
Net Income189.5228.1357.3527.4800.6
Margin %10.788.919.9410.3910.66
EPS, Adj (current shares)16.5419.9131.1946.0469.89
Growth %, YoY—+20.4+56.6+47.6—
Cash from Operations-356.11,450.2-706.915.6—
Capital Expenditures-54.8-42.3-48.1-67.1—
Free Cash Flow-410.91,408.0-755.0-51.5-51.5
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY25 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 85%.

GRSE financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

Garden Reach Shipbuilders & Engineers (NSE: GRSE) had a market capitalisation of ₹22,031 crore at the 29 October 2026 close (₹1,923.20 a share), a PE ratio of 27.5 on the last four quarters' profit and a price-to-book ratio of 8.39. In FY25 its consolidated net profit was ₹527 crore on revenue of ₹5,076 crore; in Q1 FY27 (April–June 2026) it was ₹173 crore, up 43.8% year on year. It had no borrowings on 31 March 2026. Promoters held 74.50% of the shares on 30 September 2026.

Share price used
₹1,923.20 · 29 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

GRSE at a glance · consolidated

Market cap
₹22,031 Crat ₹1,923.20 · 29 Oct close
PE ratio (last 4 quarters)
27.541.8 on FY25 profit
Price to book (PB)
8.39book value ₹229.25 a share
ROE (FY25)
28.1%+5.0 pts vs FY24ROCE 18.9%
Debt to equity
0.00net cash ₹3,388 Cr
Promoter holding
74.50%unchanged vs 30 Jun 202630 September 2026
Dividend yield
1.02%₹19.60 a share in 12 months
Net worth
₹2,626 Cr+26.3% vs 31 Mar 202531 March 2026
Free cash flow (FY25)
−₹51.5 Cr

Questions

What is the GRSE PE ratio today?

GRSE's PE ratio is 27.5 at the 29 October 2026 close (₹1,923.20 a share): a market capitalisation of ₹22,031 crore divided by consolidated net profit of ₹801 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY25 net profit (₹527 crore) it is 41.8.

What is the GRSE net worth?

GRSE's net worth — shareholders' equity in its consolidated balance sheet — was ₹2,626 crore on 31 March 2026, up 26.3% from ₹2,079 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹22,031 crore at the 29 October 2026 close.

What is the GRSE book value per share?

GRSE's book value per share was ₹229.25 on 31 March 2026: shareholders' equity of ₹2,626 crore divided by the 11.46 crore shares in issue, up 26.3% from ₹181.51 a year earlier. The share price at the 29 October 2026 close was ₹1,923.20.

What is the GRSE PB ratio (price to book value)?

GRSE's price-to-book (PB) ratio is 8.39 at the 29 October 2026 close: a market capitalisation of ₹22,031 crore divided by shareholders' equity (book value) of ₹2,626 crore on 31 March 2026. That is a book value of ₹229.25 per share against a share price of ₹1,923.20.

What is the GRSE ROE and ROCE?

In FY25, GRSE's return on equity (ROE) was 28.1% and its return on capital employed (ROCE) was 18.9%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY24, ROE was 23.1% and ROCE 11.6%.

What is the GRSE dividend yield?

GRSE's dividend yield is 1.02% at the 29 October 2026 close: dividends of ₹19.60 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹1,923.20. They were ₹6.70 on 18 September 2026, ₹7.15 on 3 February 2026 (interim) and ₹5.75 on 11 November 2025 (interim).

What is the GRSE market cap?

GRSE's market capitalisation was ₹22,031 crore at the 29 October 2026 close: 11.46 crore shares at ₹1,923.20 each.

Is GRSE debt free?

Yes. GRSE had no borrowings on 31 March 2026 (consolidated balance sheet), and it held ₹3,388 crore of cash, bank balances and current investments.

What is the GRSE debt to equity ratio?

GRSE's debt-to-equity ratio was 0.00 on 31 March 2026: no borrowings against total equity of ₹2,626 crore. A year earlier, on 31 March 2025, it was 0.00.

What is the GRSE EPS?

GRSE's basic earnings per share (EPS) were ₹46.04 in FY25, against ₹31.19 in FY24. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹69.90.

What is the GRSE dividend in 2026 and its record date?

In 2026, GRSE has declared two dividends totalling ₹13.85 a share: ₹7.15 (interim) with record date 3 February 2026 and ₹6.70 with record date 18 September 2026.

When are the GRSE next results?

GRSE will announce its Q2 FY27 results (July–September 2026) on Wednesday, 4 November 2026, the date of the board meeting it has notified to the exchanges.

What is the GRSE promoter holding?

Promoters held 74.50% of GRSE on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What is the GRSE free cash flow?

In FY25, GRSE generated ₹15.6 crore of cash from operations and spent ₹67.1 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹51.5 crore. In FY24 it was −₹755 crore.

What are the GRSE latest quarterly results?

GRSE's latest results are for Q1 FY27 (April–June 2026): consolidated net profit ₹173 crore, up 43.8% from ₹120 crore in Q1 FY26; revenue from operations ₹1,815 crore, up 38.5% year on year.

What is the GRSE shareholding pattern?

On 30 September 2026, GRSE's shares were held by promoters 74.50%, foreign portfolio investors (FII/FPI) 3.17%, domestic institutions (DII) 2.00% (including mutual funds at 1.59%) and retail and other non-institutional investors 20.32%. Over the year, FII holding was down 0.09 percentage points from 3.26% and DII holding was up 0.01 percentage points from 1.99%.

What is the GRSE revenue and profit in FY25?

In FY25 (April 2024–March 2025), GRSE's consolidated net profit was ₹527 crore, up 47.6% from ₹357 crore in FY24, on revenue from operations of ₹5,076 crore (up 41.3%). Over three years, from FY22, net profit was up 178.3%.

Where do these GRSE figures come from?

From Garden Reach Shipbuilders & Engineers' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.