Garden Reach Shipbuilders & Engineers Ltd Analyst Rating
based on 2 analysts
50.00%
Buy
0.00%
Hold
50.00%
Sell
Based on 2 analysts offering long term price targets for Garden Reach Shipbuilders & Engineers Ltd. An average target of ₹1149
Source: S&P Global Market Intelligence
Garden Reach Shipbuilders & Engineers Ltd Share analysis
Garden Reach Shipbuilders & Engineers Ltd price forecast by 2 analysts
Downside of
High
₹1783
Target
₹1149.00
Low
₹515
Garden Reach Shipbuilders & Engineers Ltd target price ₹1149, a slight downside of -30.56% compared to current price of ₹1572.2. According to 2 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Garden Reach Shipbuilders & Engineers Ltd revenue growth forecast
Expected growth rate Q1, FY2026:0
Forecast
Actual
Including amortisation and stock based compensations
Garden Reach Shipbuilders & Engineers Ltd EPS growth forecast
EPS estimate Q1, FY2026:0
Forecast
Actual
Source: S&P Global Market Intelligence
Garden Reach Shipbuilders & Engineers Ltd Performance
Day's Low
Day's High
₹1,560.2Day's Price Range₹1,667.552 Week's Low
52 Week's High
₹673.4552-Week Price Range₹2,833.8
| Returns % | |
| 1 Month Return | + 19.77 % |
| 3 Month Return | -8.12 % |
| 1 Year Return | + 102.53 % |
| Market Stats | |
| Previous Close | ₹1,654.75 |
| Open | ₹1,661.75 |
| Volume | 4.43L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹19,430.88Cr |
Garden Reach Shipbuilders & Engineers Ltd Key Statistics
| P/E Ratio | 0 |
| PEG Ratio | 0 |
| Market Cap | ₹19,430.88 Cr |
| P/B Ratio | 5.24 |
| EPS | 0 |
| Dividend Yield | 0 |
| Sector | Aerospace & Defence |
| ROE | 23.14 |
Garden Reach Shipbuilders & Engineers Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹19,430.88 Cr | 141.32% | 0.55 | NA | NA | |
| BUY | ₹4,786.81 Cr | 10.07% | 0.61 | ₹56 Cr | ₹580 Cr | |
| BUY | ₹14,135.95 Cr | 45.9% | 0.51 | NA | NA | |
| NA | ₹1,342.45 Cr | 55.62% | 0.58 | NA | NA | |
| BUY | ₹7,875.21 Cr | 184.59% | 0.61 | ₹121 Cr | ₹908 Cr |
Garden Reach Shipbuilders & Engineers Ltd Mutual Fund Holdings
About Garden Reach Shipbuilders & Engineers Ltd
GRSE is engaged in the design and construction of new ships, as well as the repair and refit of existing ships. Its core operations include the construction of warships and other vessels for the Indian Navy, Coast Guard, and Export Customers. Its top products include Naval Ships, Fast Patrol Vessels, Corvettes, Offshore Patrol Vessels, Survey Vessels, Landing Craft Utility, and Tugs.
Share Price: ₹1572.20 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹19,430.88Cr as of today
Listing date: 10 Oct, 2018
Chairperson Name: Hari P R
| Organisation | Garden Reach Shipbuilders & Engineers Ltd |
| Headquarters | |
| Industry | Aerospace & Defence |
| E-voting on shares | Click here to vote |
Key events for Garden Reach Shipbuilders & Engineers Ltd
GRSE Reports Strong Growth and Naval Commissioning - 19 Dec, 2024
Garden Reach Shipbuilders & Engineers Ltd. celebrated the commissioning of INS Nirdeshak into the Indian Navy and reported significant financial growth, with a 28% revenue increase and 21% rise in net profit for Q2 FY25.INS Nirdeshak Commissioned, Highlighting GRSE's Role - 18 Dec, 2024
The Indian Navy commissioned INS Nirdeshak, a survey vessel built by Garden Reach Shipbuilders & Engineers, emphasizing indigenous content and collaboration with various partners.Garden Reach Shipbuilders Shows Strong Support Levels - 17 Dec, 2024
Garden Reach Shipbuilders & Engineers Ltd is currently priced at Rs 1,728, with a potential upside of 36%. The stock has bounced back after testing support at Rs 1,400, which it has never fallen below.GRSE Launches First Survey Vessel for Indian Navy - 16 Dec, 2024
Garden Reach Shipbuilders and Engineers Ltd. launched its first survey vessel, Sandhayak, under a project for the Indian Navy. This milestone supports the 'Make in India' initiative, emphasizing indigenous shipbuilding with over 80% local content, enhancing defense production and employment in India.GRSE Faces Stock Pressure Amid Project Delays - 13 Dec, 2024
Garden Reach Shipbuilders & Engineers (GRSE) faced stock declines due to concerns over delays in a major submarine project. Despite this, GRSE was recognized at the CII Industry-Academia Awards 2024 for its innovative electric ferry, highlighting its commitment to sustainability and technology.GRSE Reports Strong Financial Performance in H1FY25 - 10 Dec, 2024
Garden Reach Shipbuilders & Engineers Ltd reported a 31% YoY revenue increase to ₹2,163 crore in H1FY25, with a profit after tax of ₹185 crore. GRSE shows superior capital efficiency with a ROCE of 27.4%, while maintaining negligible debt and a high interest coverage ratio of 47.9 times, indicating strong financial stability.GRSE Secures Major Contract for Multi-Purpose Vessel - 07 Dec, 2024
Garden Reach Shipbuilders & Engineers Ltd (GRSE) has secured a Rs 900 crore contract for the construction of the 6th Multi-Purpose Vessel, part of an eight-ship series. The stock has gained 1.18% and has delivered a remarkable 106% return in 2024, despite being 37% below its all-time high.Garden Reach Secures Vessel Contract, Shares Rise - 06 Dec, 2024
Garden Reach Shipbuilders announced a contract for a second Multi-Purpose Vessel, reporting strong quarterly profits and a significant rise in stock value this year.GRSE Secures Contract for Second Multi-Purpose Vessel - 05 Dec, 2024
Garden Reach Shipbuilders & Engineers Ltd has signed a contract for the construction of the second 7,500 DWT Multi-Purpose Vessel in a series of four. The company reported strong quarterly results, with significant revenue and profit growth, and an order book of Rs 24,221.37 crore.Garden Reach Shipbuilders Stock Surges on Defense Approvals - 04 Dec, 2024
Garden Reach Shipbuilders & Engineers Ltd saw significant stock gains following the Defense Acquisition Council's approval of major defense procurement. The stock's positive technical indicators and strong revenue growth further bolster investor confidence, despite caution regarding high valuations.GRSE Seeks Applications for Director Role - 30 Nov, 2024
Garden Reach Shipbuilders & Engineers Ltd (GRSE) is inviting applications for the Director (Corporate Planning & Personnel) position. Candidates must meet specific age, qualification, and experience criteria, with applications due by December 25.GRSE Expands EV Fleet, Promotes Sustainability - 29 Nov, 2024
Garden Reach Shipbuilders and Engineers Ltd. has added five electric vehicles to its fleet, supporting sustainable practices and reducing carbon emissions significantly. This initiative aligns with India's Go Electric Campaign and promotes indigenous EV manufacturing.GRSE Expands EV Fleet for Sustainability - 28 Nov, 2024
Garden Reach Shipbuilders & Engineers Ltd (GRSE) has expanded its electric vehicle fleet, aligning with India's Go Electric Campaign. This initiative has significantly reduced fossil fuel usage and carbon emissions, showcasing GRSE's commitment to eco-friendly transportation.Garden Reach Shipbuilders Faces Market Indecision - 26 Nov, 2024
Garden Reach Shipbuilders' stock exhibits a Long-Legged Doji pattern, indicating market indecision. Key resistance is at Rs 1,580, with potential bullish breakout if surpassed.GRSE Anticipates Growth Amid Share Price Correction - 25 Nov, 2024
Garden Reach Shipbuilders & Engineers Ltd. anticipates its order book to reach Rs 25,000 crore by FY25, despite a 49% share price correction from July 2024 highs.Garden Reach Shipbuilders Targets Rs 25,000 Crore Order Book - 24 Nov, 2024
Garden Reach Shipbuilders & Engineers anticipates its order book to reach Rs 25,000 crore by fiscal year-end, driven by new orders, including contracts for research vessels.GRSE Secures Major Order for Hybrid Ferries - 22 Nov, 2024
Garden Reach Shipbuilders & Engineers Ltd (GRSE) has secured a Rs 24,221 crore order book, including a contract for 13 hybrid ferries from the West Bengal government. The ferries will feature advanced hybrid electric propulsion systems, enhancing safety and reducing pollution. GRSE sees significant potential in the green energy sector and aims to secure additional contracts in commercial shipbuilding by fiscal year-end.GRSE Secures Major Contract for Hybrid Ferries - 21 Nov, 2024
Garden Reach Shipbuilders & Engineers (GRSE) has secured a Rs 226 crore contract with the West Bengal government for constructing 13 hybrid ferries, enhancing its reputation in sustainable transportation.
Insights on Garden Reach Shipbuilders & Engineers Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTPrice Rise
In the last 3 years, GRSE stock has moved up by 708.5%
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, GRSE has outperformed top 5 stocks with highest market-cap in Shipbuilding
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 18.38% to 19.98% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Laxmipati Engineering Works Ltd has given 280.1% return, outperforming this stock by 180.5%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 74.50% of holdings in Sep 2024 quarter
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 3.91% to 3.65% in Sep 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 2.52% to 1.61% in Sep 2024 quarter
Garden Reach Shipbuilders & Engineers Ltd Financials
Index Inclusions
Garden Reach Shipbuilders & Engineers Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 74.5% | 0.00 | |
| Foreign Institutions | 3.65% | ||
| Mutual Funds | 1.61% | ||
| Retail Investors | 19.98% | 8.73 | |
| Others | 0.26% |
Garden Reach Shipbuilders & Engineers Ltd Key Indicators
Garden Reach Shipbuilders & Engineers Ltd Earnings and Dividends
Garden Reach Shipbuilders & Engineers Ltd Earnings Results
Garden Reach Shipbuilders & Engineers Ltd’s net profit jumped 21.09% since last year same period to ₹97.77Cr in the Q2 2024-2025. On a quarterly growth basis, Garden Reach Shipbuilders & Engineers Ltd has generated 12.13% jump in its net profits since last 3-months.
Read More about Earnings ResultsGarden Reach Shipbuilders & Engineers Ltd Dividends May,2024
In the quarter ending March 2024, Garden Reach Shipbuilders & Engineers Ltd has declared dividend of ₹1.44 - translating a dividend yield of 0.64%.
Read More about Dividends
Garden Reach Shipbuilders & Engineers Ltd Technicals Summary
Bearish
Neutral
Bullish
Garden Reach Shipbuilders & Engineers Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Garden Reach Shipbuilders & Engineers Ltd (GRSE) share price today is ₹1572.2
Garden Reach Shipbuilders & Engineers Ltd is listed on NSE
Garden Reach Shipbuilders & Engineers Ltd is listed on BSE
- Today’s highest price of Garden Reach Shipbuilders & Engineers Ltd is ₹1667.5.
- Today’s lowest price of Garden Reach Shipbuilders & Engineers Ltd is ₹1560.2.
Today’s traded volume of Garden Reach Shipbuilders & Engineers Ltd(GRSE) is 4.43L.
Today’s market capitalisation of Garden Reach Shipbuilders & Engineers Ltd(GRSE) is ₹19430.88Cr.
| Garden Reach Shipbuilders & Engineers Ltd(GRSE | Price |
|---|---|
52 Week High | ₹2833.8 |
52 Week Low | ₹673.45 |
Garden Reach Shipbuilders & Engineers Ltd(GRSE) share price is ₹1572.2. It is down -44.52% from its 52 Week High price of ₹2833.8
Garden Reach Shipbuilders & Engineers Ltd(GRSE) share price is ₹1572.2. It is up 133.45% from its 52 Week Low price of ₹673.45
| Garden Reach Shipbuilders & Engineers Ltd(GRSE | Returns |
|---|---|
1 Day Returns | -82.55% |
1 Month Returns | 19.77% |
3 Month Returns | -8.12% |
1 Year Returns | 102.53% |