Garden Reach Shipbuilders & Engineers Ltd.
NSE: GRSE · Aerospace & Defense
Snapshot
Unlock Garden Reach Shipbuilders & Engineers Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Garden Reach Shipbuilders & Engineers Limited is a premier Indian shipyard specialising in the design and construction of warships and auxiliary vessels for the Indian Navy and Coast Guard. The company also manufactures a diverse range of marine engineering equipment, including portable bridges, deck machinery, and naval pumps.
Business Model
The company operates primarily through long-term government contracts for shipbuilding, vessel maintenance, and the supply of specialised marine engineering components. Revenue is generated through the design, construction, and lifecycle support of naval assets, alongside the assembly and overhauling of marine propulsion systems.
Growth Outlook
Growth is driven by the ongoing modernisation of the Indian Navy and Coast Guard fleets, supported by the 'Make in India' initiative. The company continues to expand its order book through the development of advanced survey vessels, patrol craft, and export opportunities for naval equipment.
Key Risks
- Geopolitical Dependency. The company is heavily reliant on government defence spending and policy decisions, making it vulnerable to shifts in national security priorities.
- Execution Risk. Large-scale shipbuilding projects are subject to complex supply chain dependencies and potential delays in project delivery timelines.
- Technological Obsolescence. Failure to keep pace with rapid advancements in naval warfare technology and maritime engineering could impact long-term competitiveness.
- Concentration Risk. A significant portion of revenue is derived from a limited number of government clients, creating exposure to budgetary constraints within the public sector.
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Key Metrics
REVENUE
₹7,507 Cr
TTM · standalone
NET PROFIT
₹801 Cr
TTM · standalone
EPS
₹69.90
TTM · standalone
RETURN ON EQUITY
34.0%
TTM · standalone
RETURN ON CAPITAL EMPLOYED
43.5%
TTM · standalone
P/E
30.2×
Q1 FY27 · standalone
EV/EBITDA
24.0x
Q1 FY27 · standalone
EBITDA MARGIN
15.1%
TTM · standalone
NET PROFIT MARGIN
9.5%
Q1 FY27 · standalone
DEBT TO EQUITY
0.0x
Q1 FY27 · standalone
Peers · Aerospace & Defense
| Company | Mkt Cap | P/E (TTM) | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Garden Reach Shipbuilders & Engineers Ltd.GRSE | ₹27,270 Cr | 30.2× | 24.03 | 39.6% | 15.1% | 34.0% | 43.5% | -20.2% |
Data Patterns (India) Ltd.DATAPATTNS | ₹24,758 Cr | 88.8× | 62.06 | 33.8% | 42.3% | 16.5% | 22.2% | +61.6% |
MTAR Technologies LimitedMTARTECH | ₹22,413 Cr | 179.7× | 88.22 | 53.4% | 23.9% | 17.2% | 23.5% | +310.7% |
Sigma Advanced SystemSIGMAADV | ₹16,508 Cr | 116.5× | 71.79 | — | 27.7% | 53.4% | 44.6% | — |
AequsAEQUS | ₹16,360 Cr | — | — | — | 1.0% | — | — | — |
Astra Microwave Products LimitedASTRAMICRO | ₹15,211 Cr | 81.6× | 44.52 | 4.0% | 30.2% | 15.7% | 22.3% | +61.9% |
As of Q1 FY27
Financials
Garden Reach Shipbuilders & Engineers Ltd.
NSE: GRSE · Aerospace & Defense
Snapshot
Unlock Garden Reach Shipbuilders & Engineers Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Garden Reach Shipbuilders & Engineers Limited is a premier Indian shipyard specialising in the design and construction of warships and auxiliary vessels for the Indian Navy and Coast Guard. The company also manufactures a diverse range of marine engineering equipment, including portable bridges, deck machinery, and naval pumps.
Business Model
The company operates primarily through long-term government contracts for shipbuilding, vessel maintenance, and the supply of specialised marine engineering components. Revenue is generated through the design, construction, and lifecycle support of naval assets, alongside the assembly and overhauling of marine propulsion systems.
Growth Outlook
Growth is driven by the ongoing modernisation of the Indian Navy and Coast Guard fleets, supported by the 'Make in India' initiative. The company continues to expand its order book through the development of advanced survey vessels, patrol craft, and export opportunities for naval equipment.
Key Risks
- Geopolitical Dependency. The company is heavily reliant on government defence spending and policy decisions, making it vulnerable to shifts in national security priorities.
- Execution Risk. Large-scale shipbuilding projects are subject to complex supply chain dependencies and potential delays in project delivery timelines.
- Technological Obsolescence. Failure to keep pace with rapid advancements in naval warfare technology and maritime engineering could impact long-term competitiveness.
- Concentration Risk. A significant portion of revenue is derived from a limited number of government clients, creating exposure to budgetary constraints within the public sector.
Start your research today
Unlock AI insights, financials, peers and live data on Garden Reach Shipbuilders & Engineers Ltd. and 5,000+ companies — free.
Key Metrics
REVENUE
₹7,507 Cr
TTM · standalone
NET PROFIT
₹801 Cr
TTM · standalone
EPS
₹69.90
TTM · standalone
RETURN ON EQUITY
34.0%
TTM · standalone
RETURN ON CAPITAL EMPLOYED
43.5%
TTM · standalone
P/E
30.2x
Q1 FY27 · standalone
EV/EBITDA
24.0x
Q1 FY27 · standalone
EBITDA MARGIN
15.1%
TTM · standalone
NET PROFIT MARGIN
9.5%
Q1 FY27 · standalone
DEBT TO EQUITY
0.0x
Q1 FY27 · standalone
Peers · Aerospace & Defense
As of Q1 FY27