Garden Reach Shipbuilders & Engineers Limited (NSE:GRSE)

India flag India · Delayed Price · Currency is INR
1,723.00
+24.40 (1.44%)
Apr 16, 2025, 3:09 PM IST
95.37%
Market Cap 194.58B
Revenue (ttm) 44.49B
Net Income (ttm) 3.95B
Shares Out 114.55M
EPS (ttm) 34.46
PE Ratio 49.30
Forward PE n/a
Dividend 10.39 (0.61%)
Ex-Dividend Date Feb 7, 2025
Volume 1,895,056
Average Volume 2,346,186
Open 1,715.00
Previous Close 1,698.60
Day's Range 1,688.10 - 1,753.60
52-Week Range 848.60 - 2,833.80
Beta 0.21
RSI 61.18
Earnings Date May 23, 2025

About NSE:GRSE

Garden Reach Shipbuilders & Engineers Limited engages in the design and construction of war ships in India. The company offers frigates, anti-submarine warfare corvettes, missile corvettes, landing ship tanks, landing craft utilities, survey vessels, fleet replenishment tankers, fast patrol vessels, offshore patrol vessels, inshore patrol vessels, water jet fast attack crafts, anti-submarine warfare shallow water crafts, electric ferries, ocean going passenger and cargo ferry vessels, hovercrafts, and fast interceptor boats to the Indian Navy, ... [Read more]

Sector Industrials
Founded 1884
Employees 1,573
Stock Exchange National Stock Exchange of India
Ticker Symbol GRSE
Full Company Profile

Financial Performance

In 2023, NSE:GRSE's revenue was 35.93 billion, an increase of 40.27% compared to the previous year's 25.61 billion. Earnings were 3.57 billion, an increase of 56.61%.

Financial Statements

News

Garden Reach Shipbuilders secures Rs 489.98 crore contract for Coastal Research Vessels

Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has announced that it received a Letter of Award on April 8, 2025, from the Geological Survey of India for the construction and delivery of two Coasta...

7 days ago - Business Upturn

GRSE signs MoU with SWAN Defence to boost commercial shipbuilding

Garden Reach Shipbuilders & Engineers Ltd (GRSE) announced that it has entered into a non-binding Memorandum of Understanding (MoU) with SWAN Defence and Heavy Industries Ltd. The move aims to strengt...

8 days ago - Business Upturn

Garden Reach shares surge nearly 5% as company secures $108 million order from German firm

Shares of Garden Reach Shipbuilders & Engineers Ltd (GRSE) climbed nearly 5% in Monday’s session to trade at ₹1,788.00, marking a gain of ₹83.45 or 4.90% compared to the previous close of ₹1,704.55. T...

22 days ago - Business Upturn

GRSE signs contract for 7th & 8th Multi-Purpose Vessels with Carsten Rehder

Garden Reach Shipbuilders and Engineers (GRSE) Ltd has signed a contract with Carsten Rehder Schiffsmakler and Reederei GmbH & Co. KG, Germany, for the construction and delivery of the 7th and 8th Mul...

23 days ago - Business Upturn

Garden Reach shares jump 28% this week; Check details

Garden Reach Shipbuilders & Engineers Ltd (GRSE) witnessed a significant rally this week, with its stock price jumping 28%. On Friday, the stock closed at ₹1,697.95, after opening at ₹1,715.45. During...

25 days ago - Business Upturn

GRSE shares surge another 4% after hitting 20% yesterday; company signs first-ever MoU with PWD Nagaland

Shares of Garden Reach Shipbuilders & Engineers Ltd (GRSE) surged another 4% today, continuing the momentum from Wednesday’s rally, where the stock had hit a 20% upper circuit. The rally in GRSE, alon...

27 days ago - Business Upturn

GRSE signs first-ever MoU with PWD Nagaland for Modular Steel Bridges

Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has achieved a significant milestone by signing a breakthrough Memorandum of Understanding (MoU) with PWD Nagaland for the supply of eight Double Lane...

27 days ago - Business Upturn

Garden Reach, Mazagon Dock, SCI shares rally upto 14%; Details here

Shares of leading shipbuilding and shipping companies—Garden Reach Shipbuilders & Engineers Ltd, Mazagon Dock Shipbuilders Ltd, and Shipping Corporation of India (SCI)—witnessed a strong rally in toda...

4 weeks ago - Business Upturn

Garden Reach Shipbuilders shares surge 4% as company expects Rs 70,000 crore order from P-17 Bravo project

Shares of Garden Reach Shipbuilders & Engineers Ltd. (GRSE) surged 4% on February 24 after reports indicated that the company is set to secure a substantial order worth around Rs. 70,000 crore from th...

7 weeks ago - Business Upturn

GRSE bags Rs 123.07 crore contract for MCGS Barracuda Refit

Garden Reach Shipbuilders & Engineers Ltd. (GRSE), a leading warship builder in India, has signed a significant contract worth Rs 123.07 crore with the Ministry of External Affairs (MEA), Government o...

7 weeks ago - Business Upturn

Defence stocks rally: GRSE surges 13%, Data Patterns up 11%, Mazagon Dock jumps 10%

Defence sector stocks witnessed a strong rally in early trade on Tuesday, with several companies posting significant gains. As of 10:05 AM, Garden Reach Shipbuilders & Engineers (GRSE) soared 13.01% t...

2 months ago - Business Upturn

Garden Reach shares surge nearly 3% as revenue jump 37.5% YoY in Q3

Garden Reach Shipbuilders & Engineers Ltd. (GRSE) saw its shares rise nearly 3% after posting strong Q3 FY25 results. As of 9:20 AM, the shares were trading 2.36% higher at Rs 1,543.50. The company re...

2 months ago - Business Upturn

Garden Reach Shipbuilders & Engineers Q3 FY25 Results: Revenue up 37.5% YoY to Rs 1270.08 crore, Net Profit up 11.25% YoY

Garden Reach Shipbuilders & Engineers (GRSE) reported a strong financial performance for the third quarter of FY25, driven by higher revenue from operations and efficient cost management. Key Financia...

2 months ago - Business Upturn

Garden Reach Shipbuilders shares rise over 3% following strategic defence partnership with Apollo Micro Systems

Shares of Garden Reach Shipbuilders & Engineers Limited (GRSE) surged by 3.03% to ₹1,583.90 after the company signed a five-year Memorandum of Understanding (MoU) with Apollo Micro Systems Limited (AM...

2 months ago - Business Upturn

Apollo Micro Systems shares surge over 6% on strategic defence collaboration with GRSE

Shares of Apollo Micro Systems Limited (AMS) surged 6.29% to ₹132.36 following the announcement of a strategic partnership with Garden Reach Shipbuilders & Engineers Limited (GRSE). The two companies ...

2 months ago - Business Upturn

Apollo Micro Systems shares rise on MoU with GRSE for advanced weapons and electronic systems development

Apollo Micro Systems Limited (AMS) and Garden Reach Shipbuilders & Engineers Limited (GRSE) have signed a Memorandum of Understanding (MoU) for joint research, development, and supply of advanced weap...

2 months ago - Business Upturn

Defence stocks: GRSE rises 3.43%, Bharat Dynamics gains 3.42%, Mazagon Dock up 2.51%, Avantel falls 2.16%

Defence stocks traded positively in the early session on Monday, led by Garden Reach Shipbuilders and Engineers (GRSE) and Bharat Dynamics Ltd (BDL). Here’s a look at the top-performing stocks in the ...

3 months ago - Business Upturn

This defence stock plunges 40% in six months, but posts 72% one-year return – find out more

A prominent player in the defence sector, Garden Reach Shipbuilders & Engineers Ltd (GRSE), has witnessed a steep decline of 40.06% in its stock value over the last six months, closing at ₹1,518 on Ja...

3 months ago - Business Upturn

Defence stocks today: BDL surges 5.12%, GRSE gains 3.19%, Mazdock up 2.47%

As of 9:48 AM, defence stocks are showing strong momentum, with Bharat Dynamics Limited (BDL), Garden Reach Shipbuilders & Engineers (GRSE), and Mazagon Dock Shipbuilders (Mazdock) leading the gains. ...

3 months ago - Business Upturn

Garden Reach Shipbuilders shares fall 3% amid submarine project delays

Shares of Garden Reach Shipbuilders & Engineers Ltd. dropped 3%, currently trading at ₹1,719.20 on concerns about delays in India’s ₹6 billion project to build six conventional submarines. According t...

4 months ago - Business Upturn

Defence stocks: GRSE (+2.15%), Cochin Shipyard (+1.98%), Mazagon Dock (+1.48%) rise; Solar Industries (-1.07%), Paras Defence (-1.65%) decline

Defence stocks showed a mixed performance during intraday trading as of 11:26 AM, with select stocks gaining while others faced losses. Key Performances: Gaining Stocks: Garden Reach Shipbuilders & En...

4 months ago - Business Upturn

Garden Reach (GRSE) shares surge as company inks Rs 226 crore deal for hybrid ferries with West Bengal government

Garden Reach Shipbuilders and Engineers (GRSE) Ltd, a defence public sector undertaking, announced a significant contract with the West Bengal government’s transport department for the construction of...

5 months ago - Business Upturn

Garden Reach shares surge 5% on strong Q2 FY25 results

Garden Reach Shipbuilders & Engineers Ltd. (GRSE), a key player in India’s defense shipbuilding sector, saw its shares jump over 5% in morning trading following robust Q2 FY25 financial results. The c...

5 months ago - Business Upturn

Garden Reach Shipbuilders Q2 FY25 Results: Revenue jump 28% YoY to Rs 1152 crore

Garden Reach Shipbuilders & Engineers Ltd, a leading shipbuilding company under the Ministry of Defence, reported its financial results for the quarter ended September 30, 2024, showcasing robust year...

5 months ago - Business Upturn

Garden Reach Q2 FY25 results: Stock drops 4% ahead of result announcement

Shares of Garden Reach Shipbuilders & Engineers Ltd. (GRSE) fell more than 4% ahead of its Q2 FY25 earnings report. The stock opened at ₹1,454.00 and reached a high of ₹1,457.30 before dipping to a lo...

5 months ago - Business Upturn