Garden Reach Shipbuilders & Engineers share price
NSE: GRSEBSE: 542011Aerospace & DefenseSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹1,955.80.
- Next results date: the board meets on 4 Nov 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹21,318 Cr269th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 29 Jul 2026
- 26.6
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 28 Apr 2026
- 8.1
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.05%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 29 Jul 2026
- 34.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 29 Jul 2026
- 29.8%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 28 Apr 2026
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 6,50,22635.5% delivered
Results
Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 29 Jul
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,815 Crdown 14.37%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹173 Crdown 43.00%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 9.5%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Sep 2024Filed 13 Nov | Dec 2024Filed 8 Mar | Mar 2025Filed 10 Jun | Jun 2025Filed 8 Aug | Sep 2025Filed 4 Nov | Dec 2025Filed 28 Jan | Mar 2026Filed 28 Apr | Jun 2026Filed 29 Jul |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,153 | 1,271 | 1,642 | 1,310 | 1,677 | 1,896 | 2,119 | 1,815 |
| Net profit | 98 | 98 | 244 | 120 | 154 | 171 | 303 | 173 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 8.5% | 7.7% | 14.9% | 9.2% | 9.2% | 9.0% | 14.3% | 9.5% |
Business segments
In the year to Mar 2026 the company reports one business segment, Ship Construction, which carries all its revenue.
Valuation
Today, against the company's own history.PE ratio and valuation history
At or below today's level on 31% of 1,240 trading days over the last 5 years.
At or below today's level on 68% of 1,831 trading days since Jun 2019.
At or below today's level on 54% of 1,733 trading days since Nov 2019.
At or below today's level on 43% of 1,932 trading days since Jan 2019.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +18.0% | +41.8% | −17.5% | 1.0% |
| 3 years | +64.0% | +48.6% | +9.7% | 1.0% |
| 5 years | +62.0% | +37.3% | +17.0% | 1.4% |
Mutual funds holding it
66 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 60 of the 61 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings
- AddedAdded. Funds that held more shares than at the end of the month before.
- 24
- CutCut. Funds that held fewer shares than at the end of the month before.
- 37
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 5
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 2
| Fund | |||
|---|---|---|---|
 HDFC Balanced Advantage FundHDFC Mutual Fund | 6,36,090 | 0.14% | ₹138.8 Cr |
 Motilal Oswal Nifty India Defence Index FundMotilal Oswal Mutual Fund | 3,94,996 | 1.59% | ₹86.2 Cr |
 Mahindra Manulife Mid Cap FundMahindra Manulife Mutual Fund | 1,82,872 | 0.79% | ₹39.9 Cr |
 Aditya Birla Sun Life Nifty India Defence Index FundAditya Birla Sun Life Mutual Fund | 1,02,436 | 1.59% | ₹22.4 Cr |
| Motilal Oswal Nifty India Defence ETFMotilal Oswal Mutual Fund | 93,671 | 1.59% | ₹20.4 Cr |
 Union Small Cap FundUnion Mutual Fund | 75,000 | 0.60% | ₹16.4 Cr |
 Nippon India Nifty Smallcap 250 Index FundNippon India Mutual Fund | 45,291 | 0.29% | ₹9.88 Cr |
| HDFC Nifty Smallcap 250 ETFHDFC Mutual Fund | 35,536 | 0.29% | ₹7.75 Cr |
| Mahindra Manulife Business Cycle FundMahindra Manulife Mutual Fund | 30,000 | 0.51% | ₹6.55 Cr |
 Axis Nifty India Defence Index FundAxis Mutual Fund | 26,778 | 1.59% | ₹5.84 Cr |
Peers and competitors
Aerospace & Defense, 35 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Garden Reach Shipbuilders & Engineers in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Hindustan AeronauticsHAL | 3,15,996 | 33.9 | 7.7 | 26.9 | +7.4% | +12.2% | 24.5% | 20.8% | 0.95% |
 Bharat ElectronicsBEL | 2,64,614 | 43.1 | 11.0 | 31.2 | +19.8% | +11.7% | 28.0% | 31.7% | 0.69% |
 Bharat DynamicsBDL | 37,298 | 71.6 | 8.8 | 92.6 | −18.7% | −7.1% | 12.6% | 6.4% | 0.48% |
 Data Patterns (India)DATAPATTNS | 21,230 | 79.2 | 12.2 | 56.6 | +33.8% | +24.9% | 16.5% | 20.2% | 0.26% |
 AequsAEQUS | 15,798 | – | 10.6 | – | – | – | – | – | 0.00% |
 Sigma Advanced SystemsSIGMAADV | 14,839 | – | – | – | – | – | – | 13.0% | 0.00% |
 Astra Microwave ProductsASTRAMICRO | 14,099 | 74.6 | 10.7 | 43.4 | +4.0% | +16.3% | 15.7% | 17.4% | 0.16% |
 Apollo Micro SystemsAPOLLO | 13,926 | 114.5 | 10.6 | 61.9 | +69.1% | +83.0% | 12.7% | 11.2% | 0.07% |
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.| Ex-date | Type | Per share |
|---|---|---|
| 18 Sep 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹6.70 |
| 3 Feb 2026 | Interim | ₹7.15 |
| 11 Nov 2025 | Interim | ₹5.75 |
| 12 Sep 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹4.90 |
| 7 Feb 2025 | Interim | ₹8.95 |
| 13 Sep 2024 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.44 |
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
16 Oct · Management
6 Oct · Management
Sep 2026
Garden Reach Shipbuilders & Engineers share price by year
Each calendar year to 2025.Garden Reach Shipbuilders & Engineers share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 2,444.10 | +51.2% | 3,492.70 | 1,214.35 |
| 2024 | 1,616.40 | +85.1% | 2,710.65 | 685.80 |
| 2023 | 873.25 | +80.2% | 906.90 | 400.50 |
| 2022 | 484.70 | +117.0% | 544.90 | 204.10 |
| 2021 | 223.35 | +14.9% | 272.80 | 171.00 |
| 2020 | 194.40 | −2.2% | 234.00 | 121.55 |
| 2019 | 198.85 | +114.4% | 240.10 | 81.15 |
| 2018 | 92.75 | – | 103.30 | 80.45 |
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 1,950.00 | 1,951.10 | 1,853.00 | 1,861.00 | 1,878.26 | 6,50,226 | 35.5% |
| 22 Oct 2026 | 1,977.00 | 1,977.40 | 1,866.10 | 1,955.80 | 1,927.45 | 14,33,526 | 21.3% |
| 21 Oct 2026 | 2,090.00 | 2,100.90 | 2,010.00 | 2,024.10 | 2,044.73 | 2,86,982 | 46.6% |
| 19 Oct 2026 | 2,118.00 | 2,119.40 | 2,082.90 | 2,085.80 | 2,096.52 | 2,07,103 | 39.6% |
| 16 Oct 2026 | 2,114.00 | 2,134.00 | 2,103.40 | 2,120.20 | 2,119.96 | 2,20,307 | 40.0% |
| 15 Oct 2026 | 2,128.00 | 2,142.00 | 2,094.00 | 2,102.40 | 2,118.22 | 3,77,160 | 45.0% |
| 14 Oct 2026 | 2,138.10 | 2,172.70 | 2,118.10 | 2,140.90 | 2,144.46 | 2,82,124 | 29.4% |
| 13 Oct 2026 | 2,094.00 | 2,148.00 | 2,058.00 | 2,140.50 | 2,121.83 | 5,38,093 | 29.0% |
| 12 Oct 2026 | 2,062.00 | 2,142.90 | 2,058.60 | 2,081.90 | 2,109.22 | 5,51,916 | 24.3% |
| 9 Oct 2026 | 2,033.10 | 2,072.00 | 2,000.00 | 2,046.00 | 2,041.47 | 4,28,518 | 27.2% |
About Garden Reach Shipbuilders & Engineers
Garden Reach Shipbuilders & Engineers Limited builds warships and other vessels in Kolkata. It has delivered 118 warships to the Indian Navy, the Indian Coast Guard and friendly foreign governments. Its portfolio includes stealth frigates, anti-submarine craft, survey and research vessels and patrol vessels. It was incorporated in 1934.
Besides warships, the company has diversified into ship repair, commercial shipbuilding for domestic and export markets, portable steel bridges, deck machinery, marine diesel engines and naval surface guns. Its ship repair work is done at the three dry docks of the Kidderpore Dock system, taken over from Syama Prasad Mookerjee Port, Kolkata under a Concession Agreement. Its commercial shipbuilding includes ferries for the Government of West Bengal and multi-purpose vessels for a client in Germany, whose order tally with the company stands at twelve vessels. The Diesel Engine Plant at Ranchi assembles and tests marine diesel engines in partnership with MTU, Germany. The 30 mm naval surface gun was developed by the company.
The company has four distinct shipyards in Kolkata, with the capacity to build 28 ships at a time, and a diesel engine plant at Ranchi. It has exported steel bridges to Nepal, Sri Lanka and Bhutan, and has refitted coast guard ships of Seychelles and Mauritius.
The Government of India took over the company in 1960. In 1961 it delivered INS Ajay, independent India's first indigenously built warship. The Central Government is its promoter. A promoter is the person or group that set up a company or controls it. The company works under the administrative control of the Ministry of Defence.
- Legal name
- Garden Reach Shipbuilders & Engineers Limited
- NSE symbol
- GRSE
- BSE code
- 542011
- ISIN
- INE382Z01011
- Industry
- Aerospace & Defense
- Listed
- Oct 2018
- Face value
- ₹10
- CIN
- L35111WB1934GOI007891
- Corporate identity number, the registrar of companies' code for it