GRSE Signs Rs 32,000 Crore Indian Navy NGC Contract
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Garden Reach Shipbuilders & Engineers Ltd.
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Unlock signals — freeAbout Garden Reach Shipbuilders & Engineers Ltd.
Garden Reach Shipbuilders & Engineers Limited (GRSE) specializes in designing and building a broad portfolio of naval vessels for the Indian Navy, Coast Guard and other government agencies, including frigates, corvettes, landing ships, patrol vessels and electric ferries. The company’s revenue of ₹7,507 crore in FY27 was driven primarily by defense contracts, with a net income of ₹801 crore reflecting robust profitability in the sector. Recent developments include the filing of a Regulation 74(5) compliance certificate for Q2 FY27 and the appointment of Dharminder Kumar and Laishram Meenabanta Singh as independent directors, signalling governance strengthening. GRSE maintains a competitive edge through its integrated shipbuilding capabilities and a growing portfolio of unmanned and green p
Financial Highlights
| Metric | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹3,593 Cr +40.27% | ₹5,076 Cr +41.28% | ₹7,002 Cr +37.95% |
| EBITDA Margin | 6.52% | 8.30% | 11.36% |
| Net Profit | ₹357.27 Cr +56.61% | ₹527.40 Cr +47.62% | ₹747.93 Cr +41.81% |
| EPS | ₹31.19 | ₹46.04 | ₹65.29 |
Annual figures in Indian Rupees (Crores). Source: company filings (NSE).
Recent News
Defence PSU stock in focus: Garden Reach Shipbuilders share price jumps 6% as GRSE, Goa Shipyard sign combined Rs 53,866 crore Navy deal
GRSE, GSL bag ₹53,866-crore contracts to build 8 Navy corvettes
Strategic Outlook
- Q1FY27 results: revenue ₹1, 815 Cr, PAT ₹173 Cr, EPS ₹15.09, EBITDA margin 8.2%. Growth context: revenue YoY +38.5%, PAT YoY +43.8%, revenue QoQ -14.4%, PAT QoQ -43.0%.
Management commentary points to capacity ramp-up, commissioning, and government-capex support and order wins, deal pipel...
FY26 (last completed FY): revenue ₹7, 002 Cr, PAT ₹748 Cr, EBITDA margin 11.4%, EPS ₹65.29. Year-on-year: revenue YoY +3...
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Frequently Asked Questions
What AI signals does NiveshIQ provide for Garden Reach Shipbuilders & Engineers Ltd.?
NiveshIQ detects active intelligence signals for Garden Reach Shipbuilders & Engineers Ltd. (GRSE) — including earnings catalysts, relative strength patterns, sector sweeps, and pullback setups. It also shows an Expected Move (1D/1W/1M range based on news, fundamentals and technicals) and a Confidence Score based on historical directional and magnitude accuracy. These are exclusive to NiveshIQ.
What are the key financials for Garden Reach Shipbuilders & Engineers Ltd.?
Garden Reach Shipbuilders & Engineers Ltd. operates in the Capital Goods sector with a market capitalisation of ₹2,962,543.7L Cr. Revenue, net profit, EPS and EBITDA margins across the last three annual periods are shown above, sourced from BSE filings.
Does NiveshIQ provide investment advice?
No. NiveshIQ provides educational market intelligence and research context, not investment advice or buy/sell recommendations.