Garden Reach Shipbuilders & Engineers quarterly results

Q1 FY27 · Apr–Jun 2026

₹ crore	Q1 FY27	Q1 FY26	Change
Revenue	1,815	1,310	+38.5%
EBITDA	149	112	+33.3%
EBITDA margin	8.2%	8.5%	−0.3 pts
Profit before tax	232	167	+38.9%
Net profit	173	120	+43.8%
EPS	₹15.09	₹10.49	+43.9%

Every quarter

₹ crore except per share

Tap a line for its trend	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Q2 FY24Sep 2023	Earlier quartersAlpha Plus

Expenses
	1,815	2,119	1,896	1,677	1,310	1,642	1,271	1,153	1,010	1,016	923	898	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	99.6	71.2	62.0	68.7	72.5	114	72.1	74.9	73.9	75.9	81.5	71.5
	1,914	2,190	1,958	1,746	1,382	1,756	1,343	1,228	1,084	1,092	1,005	969
	1,244	812	1,252	678	680	1,045	874	807	599	466	546	603
	128	216	153	147	72.0	102	23.3	28.6	117	138	21.4	36.7
	−0.4	7.3	0.0	44.9	−2.6	−40.4	16.9	−3.5	−33.6	3.9	−1.6	−23.3
	101	112	101	93.5	106	97.3	90.8	82.5	90.3	94.4	86.3	82.9
	3.8	2.6	3.8	3.6	6.1	1.4	2.3	2.4	4.2	3.3	1.1	2.5
	13.5	13.0	12.4	11.9	11.7	10.0	11.3	10.7	10.4	10.4	10.4	10.4
	192	617	217	558	343	217	190	169	181	223	222	150
	1,683	1,780	1,740	1,537	1,216	1,432	1,209	1,097	968	939	886	862
	149	355	172	156	112	221	75.3	68.7	56.3	90.6	48.7	48.8
	136	342	160	144	100	211	64.0	58.0	45.8	80.2	38.3	38.4
Profit
	232	411	218	209	167	324	134	131	115	153	119	107
	232	411	218	209	167	324	134	131	115	153	119	107
	59.9	105	55.9	53.6	43.1	75.3	35.3	32.0	30.1	40.8	31.3	26.2
	−1.2	2.4	−8.9	1.9	3.5	4.0	0.3	0.8	−1.8	0.4	−0.9	0.5
	58.7	108	47.0	55.6	46.5	79.3	35.6	32.8	28.2	41.2	30.4	26.8
	173	303	171	154	120	244	98.2	97.8	87.2	112	88.3	80.7
	173	303	171	154	120	244	98.2	97.8	87.2	112	88.3	80.7
	0.7	3.3	0.8	−0.6	−0.6	−3.4	0.5	0.0	0.3	0.7	0.1	0.1
	174	306	172	153	120	241	98.7	97.8	87.5	112	88.4	80.9
Per share
	₹15.09	₹26.47	₹14.91	₹13.43	₹10.49	₹21.32	₹8.57	₹8.54	₹7.61	₹9.74	₹7.70	₹7.05
	₹15.09	₹26.47	₹14.91	₹13.43	₹10.49	₹21.32	₹8.57	₹8.54	₹7.61	₹9.74	₹7.70	₹7.05
Other comprehensive income — detail
	0.7	3.3	0.8	−0.6	−0.6	−3.4	—	—	—	—	—	—
	0.9	4.4	1.1	−0.9	−0.9	−4.5	0.7	0.0	0.4	0.9	0.2	0.1
	0.2	1.1	0.3	−0.2	−0.2	−1.1	—	—	—	—	—	—
	—	—	—	—	—	—	0.2	0.0	0.1	0.2	0.0	0.0
Per share — as-filed variants
	₹15.09	₹26.47	₹14.91	₹13.43	₹10.49	₹21.32	₹8.57	₹8.54	₹7.61	₹9.74	₹7.70	₹7.05
	₹15.09	₹26.47	₹14.91	₹13.43	₹10.49	₹21.32	₹8.57	₹8.54	₹7.61	₹9.74	₹7.70	₹7.05
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	443	1,084	490	808	561	536	356	321	328	408	357	282
	24.4%	51.1%	25.9%	48.2%	42.8%	32.6%	28.0%	27.8%	32.5%	40.2%	38.7%	31.4%
Adjusted (ex-exceptional items) — derived
	232	411	218	209	167	324	134	131	115	153	119	107
	173	303	171	154	120	244	98.2	97.8	87.2	112	88.3	80.7
	₹15.09	₹26.47	₹14.91	₹13.43	₹10.49	₹21.32	₹8.57	₹8.54	₹7.61	₹9.74	₹7.70	₹7.05

Open the chart

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

alphave

GRSE₹1,859.90

Garden Reach Shipbuilders & Engineers Ltd.

· Capital Goods & Defence

Annual Quarterly₹ CrorePeersMAZDOCK COCHINSHIP GPIL HBLENGINE DATAPATTNS JYOTICNC BEML TRITURBINEMcap ₹21,306 Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q2 FY24 30/09/2023	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026
Revenue from Operations	897.9	923.1	1,015.7	1,009.7	1,152.9	1,271.0	1,642.0	1,309.9	1,677.4	1,895.7	2,119.2	1,814.6
Other Income	71.5	81.5	75.9	73.9	74.9	72.1	113.9	72.5	68.7	62.0	71.2	99.6
Total Income	969.5	1,004.6	1,091.6	1,083.6	1,227.8	1,343.1	1,756.0	1,382.4	1,746.1	1,957.7	2,190.4	1,914.2
Expenses
+ Cost of Materials Consumed	602.9	546.0	466.1	598.5	807.2	874.4	1,044.5	679.9	677.9	1,252.5	811.5	1,244.2
+ Purchases of Stock-in-Trade	36.7	21.4	137.7	117.0	28.6	23.3	102.3	72.0	146.9	153.0	216.5	128.1
+ Changes in Inventories	-23.3	-1.6	3.9	-33.6	-3.5	16.9	-40.4	-2.6	44.9	0.0	7.3	-0.4
+ Employee Benefit Expense	82.9	86.3	94.4	90.3	82.5	90.8	97.3	105.9	93.5	101.4	112.0	101.3
+ Finance Costs	2.5	1.1	3.3	4.2	2.4	2.3	1.4	6.1	3.6	3.8	2.6	3.8
+ Depreciation & Amortisation	10.4	10.4	10.4	10.4	10.7	11.3	10.0	11.7	11.9	12.4	13.0	13.5
+ Other Expenses	149.9	222.4	223.1	181.2	169.4	190.2	217.3	342.8	558.0	216.9	616.6	192.1
Total Expenses	862.0	885.9	938.8	968.1	1,097.3	1,209.4	1,432.4	1,215.7	1,536.7	1,739.9	1,779.5	1,682.7
EBITDA	48.8	48.7	90.6	56.3	68.7	75.3	221.0	111.9	156.2	171.9	355.3	149.2
EBIT	38.4	38.3	80.2	45.8	58.0	64.0	211.0	100.3	144.3	159.6	342.3	135.7
Profit
PBT before Exceptional Items	107.5	118.7	152.8	115.4	130.5	133.8	323.6	166.7	209.4	217.8	410.9	231.5
Pretax Income	107.5	118.7	152.8	115.4	130.5	133.8	323.6	166.7	209.4	217.8	410.9	231.5
+ Current Tax	26.2	31.3	40.8	30.1	32.0	35.3	75.3	43.1	53.6	55.9	105.2	59.9
+ Deferred Tax	0.5	-0.9	0.4	-1.8	0.8	0.3	4.0	3.5	1.9	-8.9	2.4	-1.2
Tax Expense	26.8	30.4	41.2	28.2	32.8	35.6	79.3	46.5	55.6	47.0	107.7	58.7
Net Income	80.7	88.3	111.6	87.2	97.8	98.2	244.2	120.2	153.8	170.8	303.2	172.8
+ Net Income — Continuing Ops	80.7	88.3	111.6	87.2	97.8	98.2	244.2	120.2	153.8	170.8	303.2	172.8
+ Other Comprehensive Income	0.1	0.1	0.7	0.3	0.0	0.5	-3.4	-0.6	-0.6	0.8	3.3	0.7
Total Comprehensive Income	80.9	88.4	112.3	87.5	97.8	98.7	240.9	119.5	153.1	171.6	306.5	173.5
Per Share
Basic EPS	7.05	7.70	9.74	7.61	8.54	8.57	21.32	10.49	13.43	14.91	26.47	15.09
Diluted EPS	7.05	7.70	9.74	7.61	8.54	8.57	21.32	10.49	13.43	14.91	26.47	15.09
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	—	-3.4	-0.6	-0.6	0.8	3.3	0.7
+ Items NOT to be Reclassified to P&L	0.1	0.2	0.9	0.4	0.0	0.7	-4.5	-0.9	-0.9	1.1	4.4	0.9
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	—	-1.1	-0.2	-0.2	0.3	1.1	0.2
+ Tax on Items NOT to be Reclassified — alt tag	0.0	0.0	0.2	0.1	0.0	0.2	—	—	—	—	—	—
Per Share — as-filed variants
Basic EPS — Continuing Operations	7.05	7.70	9.74	7.61	8.54	8.57	21.32	10.49	13.43	14.91	26.47	15.09
Diluted EPS — Continuing Operations	7.05	7.70	9.74	7.61	8.54	8.57	21.32	10.49	13.43	14.91	26.47	15.09
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	281.6	357.4	408.1	327.8	320.6	356.3	535.6	560.6	807.7	490.2	1,083.9	442.7
Gross Margin %	31.36	38.71	40.17	32.46	27.81	28.03	32.62	42.80	48.15	25.86	51.15	24.39
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	107.5	118.7	152.8	115.4	130.5	133.8	323.6	166.7	209.4	217.8	410.9	231.5
Net Income Adj (tax-effected)	80.7	88.3	111.6	87.2	97.8	98.2	244.2	120.2	153.8	170.8	303.2	172.8
EPS Adj	7.05	7.70	9.74	7.61	8.54	8.57	21.32	10.49	13.43	14.91	26.47	15.09
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Paid Up Equity Capital	114.6	114.6	114.6	114.6	114.6	114.6	114.6	114.6	114.6	114.6	114.6	114.6

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q1 FY27 · 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 ✓ 95%.

GRSE Q2 FY27 results date

Garden Reach Shipbuilders & Engineers (NSE: GRSE) will announce its Q2 FY27 results (July–September 2026) on Wednesday, 4 November 2026, according to the board-meeting notice it filed on 23 October 2026. Its latest results are for Q1 FY27 (April–June 2026). Consolidated net profit was ₹173 crore, up 43.8% from ₹120 crore in Q1 FY26 and down 43.0% from ₹303 crore in Q4 FY26. Revenue from operations was ₹1,815 crore, up 38.5% year on year and down 14.4% from the previous quarter.

Board-meeting notice filed: 23 October 2026
Q2 FY26 results (a year earlier): 4 November 2025

Latest results: Q1 FY27 (Apr–Jun 2026) · consolidated

Q2 FY27 results date: 4 November 2026Wednesday · notice filed 23 Oct
Q1 FY27 net profit: ₹173 Cr+43.8% vs Q1 FY26−43.0% vs Q4 FY26
Q1 FY27 revenue: ₹1,815 Cr+38.5% vs Q1 FY26−14.4% vs Q4 FY26
Q1 FY27 operating margin: 7.5%−0.2 pts vs Q1 FY26−8.7 pts vs Q4 FY26
Q2 FY26 net profit (a year earlier): ₹154 CrRevenue ₹1,677 Cr
Q1 FY27 EPS (basic): ₹15.09

Questions

When will GRSE announce its Q2 FY27 results?

On 4 November 2026, the date of the board meeting called to approve them (notice filed with the exchanges on 23 October 2026). Last year it reported Q2 FY26 on 4 November 2025.

What was GRSE's net profit in FY25?

Consolidated net profit was ₹527 crore in FY25 (April 2024–March 2025), up 47.6% from ₹357 crore in FY24. It was ₹228 crore in FY23 and ₹190 crore in FY22: up 178.3% over three years, 40.7% a year on average.

What was GRSE's revenue in FY25?

Revenue from operations was ₹5,076 crore in FY25 (April 2024–March 2025), up 41.3% from ₹3,593 crore in FY24. It was ₹2,561 crore in FY23 and ₹1,758 crore in FY22: up 188.8% over three years, 42.4% a year on average.

What will GRSE's Q2 FY27 results be compared with?

With the same quarter a year earlier, Q2 FY26 (July–September 2025), when consolidated net profit was ₹154 crore and revenue from operations ₹1,677 crore. The latest quarter, Q1 FY27, had a net profit of ₹173 crore and revenue of ₹1,815 crore.

What were GRSE's Q1 FY27 results?

Consolidated net profit was ₹173 crore, up 43.8% from ₹120 crore in Q1 FY26 and down 43.0% from ₹303 crore in Q4 FY26. Revenue from operations was ₹1,815 crore, up 38.5% year on year and down 14.4% from the previous quarter.

How has GRSE's profit changed over the last four quarters?

Net profit by quarter: ₹154 crore in Q2 FY26, ₹171 crore in Q3 FY26, ₹303 crore in Q4 FY26 and ₹173 crore in Q1 FY27. That is ₹801 crore over the four quarters, up 42.9% from ₹560 crore in the four quarters before. Revenue from operations: ₹1,677 crore, ₹1,896 crore, ₹2,119 crore and ₹1,815 crore.

Where do these GRSE figures come from?

From Garden Reach Shipbuilders & Engineers' own consolidated results filings to NSE, in ₹ crore as filed; the date from its board-meeting notices.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.