1. MARKETS
  2. SECTOR : GENERAL INDUSTRIALS
  3. INDUSTRY : AEROSPACE & DEFENCE
  4. GARDEN REACH SHIPBUILDERS & ENGINEERS LTD.
Garden Reach Shipbuilders & Engineers Ltd.
NSE: GRSE | BSE: 542011

Garden Reach Shipbuilders Live Share Price Today, Share Analysis and Chart

Mid-range Performer
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aboutGarden Reach Shipbuilders & Engineers Ltd. (GRSE) is a premier shipbuilding company under the Ministry of Defence, Government of India. The company plays a critical role in the maritime security of the nation by designing and constructing a wide rang... Read More
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1943.7020.50(1.07%)

New 52W Low in past week

1.9M
NSE+BSE Volume

High volume today

NSE 30 Oct, 2026 3:31 PM (IST)

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My Notes

Regulatory Approval
GRSE rises on Fri as the CCS reportedly approves a Rs 40,000 crore project to build eight NGCs See details
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35.3 / 100
Mid-range PerformerThese stocks have strong quality. Their reasonable financials and technicals make them potentially attractive to investorsView SimilarEmbed DVM
Analyst Price Target
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20

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9

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3

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SWOT Analysis

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High rank

16Positive7Negative

Pass in checklist69.6%

045
55
100

PE Valuation Check

Right Now
Undervalued
46.4%
1 Year Forward
Undervalued
59.9%
INSIGHTGarden Reach Shipbuilders is undervalued at both current PE and future earnings estimates.

Garden Reach Shipbuilders Stock Price Analysis

Day Price Range

1.1% 1 Day return
1943.7 (LTP)
1,917.62,027.9
LowHigh

Week Price Range

4.4% 1 Week return
1943.7 (LTP)
1,8422,027.9
LowHigh

Month Price Range

-10.9% 1 Month return
1943.7 (LTP)
1,8422,173
LowHigh

52 Week Price Range

-24.0% 1 Year return
1943.7 (LTP)
1,8423,339
LowHigh
View full Price History/Seasonality

Garden Reach Shipbuilders Forecaster - Analyst Share Price Target and Estimates

Revenue forecast

Miss

Garden Reach Shipbuilders's Revenue was lower than average estimate 2 times in past 3 years

EPS forecast

CURRENT EPS
65.3
AVG. ESTIMATE
75.7
LOW ESTIMATE
68.5
HIGH ESTIMATE
87.3
CURRENT EPS
AVG. ESTIMATE
Hit

EPS is expected to grow by 15.9% in FY27

Consensus Recommendation

8 ANALYST Recommendations
BUY

The consensus recommendation from 8 analysts for Garden Reach Shipbuilders is BUY

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Garden Reach Shipbuilders Technical Analysis

Garden Reach Shipbuilders EMA & SMA

Bearish-6
1 bullish, 7 bearish
Bullish1
Bearish7
5 Day1930.7
10 Day1961.8
12 Day1977.1
20 Day2039.7
26 Day2084.3
50 Day2223.4
100 Day2368.8
200 Day2442.8

Garden Reach Shipbuilders Delivery And Volume

Daily Avg. Delivery Volume %
30 Oct, 202620.0%
Week24.8%
Month31.6%
Legend
Positive IndicatorNeutral IndicatorNegative Indicator

Garden Reach Shipbuilders Resistance and Support

1963.07
Pivot
First Resistance2008.5
Second Resistance2073.4
Third Resistance2118.8
First Support1898.2
Second Support1852.8
Third Support1787.9
Day RSI35.5
Day MACD-107.2
Day MFI55.8
Day MACD Signal Line-108.1

Garden Reach Shipbuilders Beta

1 Month1.5
1 Year1.6
3 Month1.0
3 Year1.5

Garden Reach Shipbuilders Price Change Analysis

↓-10.9%
Over 1 Month
LowHigh
18422173
↓-25.3%
Over 3 Months
LowHigh
18422706
↓-33.7%
Over 6 Months
LowHigh
18423130
↓-24.0%
Over 1 Year
LowHigh
18423339
All Technicals →

Garden Reach Shipbuilders Shareholding Pattern/ Ownership

Shareholding Summary

Sep 2026
 
NameCategorySharesShares %
The President Of IndiaPromoter85,341,24074.5 %

HISTORICAL PROMOTER HOLDING

HISTORICAL FII HOLDING

HISTORICAL MF HOLDING

All Shareholding details

Garden Reach Shipbuilders Deals - Insider, Bulk, Block and SAST

Client NameDeal TypeActionDateAvg. PriceQuantityExchange
JUMP TRADING FINANCIAL INDIA PRIVATE LIMITEDBulkSell29 Apr 20263167.12700,050NSE
NK SECURITIES RESEARCH PRIVATE LIMITEDBulkSell29 Apr 20263190.65628,180NSE
HRTI PRIVATE LIMITEDBulkSell29 Apr 20263173.01513,343NSE
JUMP TRADING FINANCIAL INDIA PRIVATE LIMITEDBulkPurchase29 Apr 20263158.68700,047NSE
HRTI PRIVATE LIMITEDBulkPurchase29 Apr 20263135.41584,322NSE
NK SECURITIES RESEARCH PRIVATE LIMITEDBulkPurchase29 Apr 20263189.31628,180NSE
HRTI PRIVATE LIMITEDBulkSell22 May 20252672.90929,973NSE
AAKRAYA RESEARCH LLPBulkSell22 May 20252667.31839,427NSE
AAKRAYA RESEARCH LLPBulkPurchase22 May 20252665.92839,427NSE
HRTI PRIVATE LIMITEDBulkPurchase22 May 20252678.63999,419NSE
All deals
All insider trades

Garden Reach Shipbuilders Corporate Actions

Garden Reach Shipbuilders Dividend history and yield

Garden Reach Shipbuilders dividend yields, including actual and adjusted, and dividend history, including announcement, record, and ex-dividend dates. Track Garden Reach Shipbuilders dividend yield over time.

#Ex-Date
Dividend AmountDividend TypeRecord DateInstrument Type
118 Sep 2026
6.7FINAL18 Sep 2026Equity Share
203 Feb 2026
7.15INTERIM03 Feb 2026Equity Share
311 Nov 2025
5.75INTERIM11 Nov 2025Equity Share
412 Sep 2025
4.9FINAL12 Sep 2025Equity Share
507 Feb 2025
8.95INTERIM07 Feb 2025Equity Share

Garden Reach Shipbuilders Board Meetings

Garden Reach Shipbuilders past and upcoming board meetings.

#Ex-Date
PurposeNotes
104 Nov 2026
Quarterly Results-
229 Jul 2026
Quarterly Results-
328 Apr 2026
Audited Results & Final Dividend(Revised)
428 Jan 2026
Quarterly Results & Interim Dividend-
504 Nov 2025
Quarterly Results & Interim Dividend-
All Corporate Actions

Garden Reach Shipbuilders Research Reports

Garden Reach Shipbuilders research reports with share price targets, and buy/hold/sell recommendations from top brokers.

#
Date
Broker NameTargetPrice When RecommendedTypeUpsideChange Since RecommendationLinks
112 May 2026ICICI Direct
Target
30002853.4Hold5.14%-31.88%pdf
211 Feb 2026ICICI Direct26702496.2Hold6.96%-22.13%pdf
311 Nov 2025ICICI Direct
Target
29502816.6Hold4.74%-30.99%pdf
425 Sep 2025FundsIndia30972493.6Buy24.2%-22.05%pdf
524 Aug 2025ICICI Direct
Target
26452518.6Hold5.02%-22.83%pdf
All Reports of Garden

Garden Reach Shipbuilders Corporate Filings

Garden Reach Shipbuilders BSE corporate filings and AGM, press releases, insider trading & SAST, results and corporate actions.

DateAnnouncement TitleDetailsLinks
23 Oct 2026
Garden Reach Shipbuilders & Engineers Ltd - 542011 - Board Meeting Intimation for Intimation Of Date Of Board Meeting To, Inter Alia, Consider And Approve, Unaudited Financial Results For The Quarter And Half Year Ended 30Th September, 2026.
Garden Reach Shipbuilders & Engineers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2026 ,inter alia, to consider and approve Unaudited Financial Results for the quarter and half year ended 30th September, 2026.
PDF
16 Oct 2026
Garden Reach Shipbuilders & Engineers Ltd - 542011 - Announcement under Regulation 30 (LODR)-Change in Directorate
Appointment of Shri Dharminder Kumar as Part Time Non Official Independent Director.
PDF
07 Oct 2026
Garden Reach Shipbuilders & Engineers Ltd - 542011 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
We are submitting herewith the Compliance certificate under Reg 74 (5) of SEBI (Depositories and Participants) Reg, 2018 received from M/s. Alankit Assignments Limited, the Registrar and Share Transfer Agent of the Company for the period from 01 Jul 2026 to 30 Sep 2026. The certificate is being submitted in compliance with aforesaid regulation. We request you to take the same on your records.
PDF
06 Oct 2026
Garden Reach Shipbuilders & Engineers Ltd - 542011 - Announcement under Regulation 30 (LODR)-Change in Directorate
In terms of Reg 30 of SEBI (LODR) Reg 2015, we would like to inform that in pursuance to MoD Letter No. 11(70)/2021/misc/D(NS) dated 05 Oct 2026 received on 06 Oct 2026, the President of India has appointed Shri Dharminder Kumar and Shri Laishram Meenabanta Singh as Part Time Non Official Directors (Independent Directors) on the Board of the Company for a period of three years or until further orders, whichever is earlier. Their appointment will be effective from the date of allotment of DIN. Accordingly, the effective date of their appointment as Independent Directors on to the Board of the Company and their Brief Profile will be intimated/submitted. This is for your information and record.
PDF
26 Sep 2026
Garden Reach Shipbuilders & Engineers Ltd - 542011 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Voting Results of the 110th Annual General Meeting along with report of the Scrutinizer are enclosed.
PDF
VIEW ALL

Garden Reach Shipbuilders DocumentsAsk MarketMind AI

Garden Reach Shipbuilders Earnings Call

Garden Reach Shipbuilders earnings calls, including management commentary and AI-generated summaries.

DateTitleLinks
06 Aug 2026Garden Reach Shipbuilders & Engineers Results Earnings Call for Q1FY27AudioVideo
19 May 2026Garden Reach Shipbuilders & Engineers Ltd - 542011 - Announcement under Regulation 30 (LODR)-Earnings Call TranscriptLink
12 May 2026Garden Reach Shipbuilders & Engineers Results Earnings Call for Q4FY26 & Full YearAudioVideo
17 Feb 2026Garden Reach Shipbuilders & Engineers Ltd - 542011 - Announcement under Regulation 30 (LODR)-Earnings Call TranscriptLink
14 Nov 2025Garden Reach Shipbuilders & Engineers Ltd - 542011 - Announcement under Regulation 30 (LODR)-Earnings Call TranscriptLink
view all

Garden Reach Shipbuilders Annual Reports

Garden Reach Shipbuilders financials, including annual results, balance sheets, and cash flow statements.

DateReport TitleLinks
2026Annual Report Mar-2026Link
2025Annual Report Mar-2025Link
2024Annual Report Mar-2024Link
2023Annual Report Mar-2023Link
2022Annual Report Mar-2022Link

Garden Reach Shipbuilders Credit Ratings

Garden Reach Shipbuilders credit ratings from CRISIL and leading rating agencies, assessing financial stability, investment grade, and related PDF documentation.

DateRating AgencyCompany NameDescriptionLinks
21 Jun 2026care ratingsGarden Reach Shipbuilders & Engineers LimitedLink
30 Jun 2025care ratingsGarden Reach Shipbuilders And Engineers LimitedLink
03 Jul 2024care ratingsGarden Reach Shipbuilders And Engineers LimitedLink
05 Jul 2023brickwork ratingsGarden Reach Ship Builders & Engineers Ltd.Outstanding Ratings are Reaffirmed and Withdrawn;Link
31 Aug 2022brickwork ratingsGarden Reach Ship Builders & Engineers Ltd.Ratings Reaffirmed; Long Term / Short Term Rating BWR AAA/Stable/BWR A1 + Assigned;Link

Garden Reach Shipbuilders Investor Presentations

Garden Reach Shipbuilders investor presentations, including business updates, financial insights, and strategic initiatives.

DateReport TitleLinks
06 Jun 2019Garden Reach Shipbuilders & Engineers Ltd - 542011 - Announcement under Regulation 30 (LODR)-Investor PresentationLink

Garden Reach Shipbuilders - Company Profile

Garden Reach Shipbuilders Management Structure

Garden Reach Shipbuilders management structure with salaries, total experience, and qualifications.

NAMEDESIGNATIONGROSS REMUNERATION ₹(LAC)AS OFHISTORY & DETAILS
Cmde Rajat NagarChief General Manager(Commercial)-Mar 26
Niranjan Mukund BhaleraoDirector(Finance),Chief Financial Officer-Mar 26
Sunilkumar PanangadanDirector(Corporate Planning,Personnel)-Mar 26
Cdr Ravi Kumar SharmaGeneral Manager(Design)-Mar 26
Cdr Ambuj KumarGeneral Manager-Mar 26
Cdr Pinakesh DasGeneral Manager(SR)-Mar 26
Shri Bipu Kumar DasGeneral Manager(FOJ)-Mar 26
Shri Jayanta Kumar SenGeneral Manager(PDS)-Mar 26
Smt. Swagata Sen RoyGeneral Manager(CP)-Mar 26
Shri Sanjay SarkarGeneral Manager(Technical)-Mar 26
Shri Manas Kumar PandeyGeneral Manager(HP & IP)-Mar 26
Cdr. Aravind ShankarGeneral Manager(CSB)-Mar 26
Shri Kingshuk MistryGeneral Manager(PS-NGOPV & Dredger)-Mar 26
Shri Prashanta Kumar MondalGeneral Manager(QA)-Mar 26
Shri Rajeev ShrivastavaGeneral Manager(HR & A)-Mar 26
Shri Gulshan RatanGeneral Manager(Indigenisation)-Mar 26
Sandeep MahapatraCompany Secretary,Compliance Officer-Mar 26
Cmde Sreekumar SrinivasanChief General Manager(MW)-Mar 26
Shri Goutam KarmakarChief General Manager(RBD.)-Mar 26
Cdr. Satish Chandra JhaChief General Manager(FOJ)-Mar 26
Cdr. Manoj Kumar GuptaChief General Manager(CC.)-Mar 26
Smt. Aparajita GhoshChief General Manager(Finance)-Mar 26
Cmde. Ramesh MenonChief General Manager(BB & DEP)-Mar 26
Cmde. Nitin NangiaChief General Manager(PS)-Mar 26
Cmde. Vikas KaushalChief General Manager-Mar 26
Cmde. Vinith AeratExecutive Director(Technical)-Mar 26
Cmde. Indrajit DasguptaExecutive Director(SR)-Mar 26
Cmde. Rajat ManchandaExecutive Director(TS.)-Mar 26
Shri Venkatesh MurthyExecutive Director(CSB)-Mar 26
Shri Debashis BandyopadhyayExecutive Director(Human Resources)-Mar 26
Shri Lov VermaExecutive-Mar 26

Garden Reach Shipbuilders Board of Directors

Garden Reach Shipbuilders Board of directors with salaries, total experience, and qualifications.

NAMEPOSITIONGROSS REMUNERATION ₹(LAC)AS OFHISTORY & DETAILS
Hari P RChairman / FD / ED / WTD / MD113.78Mar 26
Commander Shantanu Bose, In (Retd.)FD / ED / WTD92.38Mar 26
Sunilkumar PanangadanDirector68.5Mar 26
Niranjan Mukund BhaleraoDirector (Finance) & CFO32.2Mar 26
Kamleshbhai Shashikantbhai MiraniIndep. Non Exec. Dir. /Part Time Non Off. Director4.8Mar 26
Vijay Namdeorao ZadeNominee (Govt)-Mar 26
Sandeep MahapatraCompany Sec. & Compli. Officer-Mar 26
Laishram Meenabanta SinghNon-official Director-Mar 26
Dharminder KumarNon-official Director-Mar 26
Website: www.grse.in

About the company - Business Profile

Garden Reach Shipbuilders & Engineers Ltd. (GRSE) is a premier shipbuilding company under the Ministry of Defence, Government of India. The company plays a critical role in the maritime security of the nation by designing and constructing a wide range of warships and auxiliary vessels for the Indian Navy and the Indian Coast Guard. Since its takeover by the Government of India in 1960, GRSE has evolved from a small ship repair yard into a diversified engineering enterprise with capabilities in shipbuilding, ship repair, and the manufacturing of high-tech engineering products.

Key Points

  • Key Facts:
    • Founded: Incorporated in 1934; taken over by the Government of India in 1960.
    • Headquarters: Kolkata, West Bengal.
    • Stock Listing: Listed on the NSE and BSE (Stock Code: GRSE).
    • Parent Entity: Ministry of Defence, Government of India.
    • Major Products: Frigates, Corvettes, Fast Patrol Vessels, Landing Craft Utility, Survey Vessels, Bridge Systems, and Marine Diesel Engines.
  • Operations and Resources:
    • The company operates through three main units in Kolkata: the Main Yard, Fitting Out Jetty (FOJ), and the Rajabagan Dockyard (RBD).
    • It maintains a dedicated Diesel Engine Plant (DEP) in Ranchi for the assembly and testing of marine engines.
    • Notable infrastructure includes a dry dock, a tilted building berth, and a modernised 10,000-tonne capacity pontoon for ship launching.
  • Ownership and Market Significance:
    • As a Public Sector Undertaking (PSU), the Government of India holds a majority stake of 74.50%.
    • GRSE is strategically significant as the first shipyard in India to export a warship (CGS Barracuda to Mauritius) and continues to serve international markets including Guyana and the Seychelles.
  • Financial Performance (FY 2024-25):
    • Revenue (Value of Production): ₹5,071 crore (Growth from ₹3,588 crore in FY24).
    • Profit Before Tax (PBT): ₹703 crore.
    • Profit After Tax (PAT): ₹527 crore.
    • Net Worth: ₹2,079 crore.
    • Dividend: ₹158.65 crore declared for the year.
    • Revenue Breakdown: The shipbuilding segment remains the primary revenue driver, supplemented by the Engineering and Engine divisions. Geographically, while domestic orders for the Indian Navy dominate, export orders are increasing.
  • Business Model and Core Competencies:
    • The company follows an integrated business model covering design, engineering, construction, and after-sales support.
    • Specialization: GRSE is a specialist in the construction of complex warships like stealth frigates (P17A) and anti-submarine warfare corvettes.
    • Indigenisation: Achieved over 90% indigenisation in certain vessel categories like Landing Craft Utility (LCU) ships.
  • Innovation and Sustainability:
    • Green Initiatives: Developed a 150-passenger zero-emission electric ferry and is currently designing Green Tugs under the Government’s Green Tug Transition Programme (GTTP).
    • Technology: Modernisation of the Ranchi Diesel Engine Plant aims for 40% indigenisation of engine components.
  • Human Resources:
    • Employee Count: 1,690 as of March 2025 (Reflecting a trend of workforce optimization from 1,900 in FY21).
    • The company relies on a seasoned workforce with technical expertise in naval architecture and marine engineering.
  • Strategic Initiatives and Outlook:
    • Current order book remains strong, driven by major projects like the P17A Stealth Frigates and Next Generation Offshore Patrol Vessels (NGOPVs).
    • Focus remains on digital transformation through the implementation of Industry 4.0 practices and expanding the export footprint in the Indo-Pacific and African regions.

References

  1. Annual Report May 2025
  2. Annual Report May 2024
  3. Result Nov 2025
  4. Result Jan 2026

Garden Reach Shipbuilders FAQ

Garden Reach Shipbuilders today is trading in the green, up by 1.07% at ₹1,943.7.
Garden Reach Shipbuilders is currently trading up 1.07% on an intraday basis. In the past week the stock rose 4.44%. Stock has been down 25.28% in the past quarter and fell 23.96% in the past year. You can view this in the share price history/seasonality section.
Garden Reach Shipbuilders is listed on NSE with the ticker GRSE and on BSE as 542011. It's currently trading on NSE at a share price of ₹1,943.7 and on BSE with a share price of ₹1,930.
The market cap of Garden Reach Shipbuilders is ₹22,265.47 Cr. as of Oct 30, 2026.
Garden Reach Shipbuilders announced a FINAL dividend of 67% which equals ₹6.7 in Sep 18, 2026.The last three ex-dates for Garden Reach Shipbuilders were Feb 03, 2026, Nov 11, 2025 and Sep 12, 2025. To view the full dividend history of Garden Reach Shipbuilders click here.
Garden Reach Shipbuilders has never issued stock splits or bonus shares since the time of its listing on the BSE/NSE exchanges.
Garden Reach Shipbuilders reported ₹1,914.18 Cr. in revenue, ₹172.84 Cr. in net profit, and ₹248.79 Cr. in EBITD as of Jul 29, 2026 for Q1 FY26-27.
According to the predictions of 8 analysts, the share price prediction for Garden Reach Shipbuilders is ₹2,875 with an upside of 48%.
The PE ratio of Garden Reach Shipbuilders is 27.81 as of Oct 30, 2026.
The PB ratio of Garden Reach Shipbuilders is 7.95 as of Oct 30, 2026.
You can view the latest analyst reports on the Garden Reach Shipbuilders reports dashboard. Either click on the Reports tab on this page's sub-header or click here to be directed to the dashboard.
You can set real-time stock alerts on price, volume, SMA, and several other parameters by scrolling to the top of this page and clicking the bell icon on the far right-hand side of the stock overview.
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