Garden Reach Shipbuilders & Engineers Limited

NSE: GRSE BSE: 542011 SECTOR: Capital Goods - Aerospace & Defense

2570 19(-1%)

Volume

3L as on 22, Jul

Open

2,675

High

1,680

Low

1,640

2,589

VWAP

2,604

52 Week High

3,339

52 Week Low

1,964

Viand Research Rating

Quality Score

64/100

Growth Score

30/100

Valuation Score

50/100

Momentum Score

0/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

29,440

No. of Shares

11.5

P/E

56.2

P/B

12.35

Face Value

Div. Yield

Book Value (TTM)

CASH

DEBT

EPS (TTM)

ROE

21.98

ROCE

Profit Growth

Listing Date

10-Oct-18

Promoter Holding

74.5%

FII Holding

3.51%

DII Holding

1.69%

Price Chart

Price Performance

1 Week1%

1 Month10%

3 Months8%

6 Months12%

1 Year2%

YTD6%

Moving Average

5 Day SMA2,588

10 Day SMA2,611

20 Day SMA2,668

30 Day SMA2,686

50 Day SMA2,680

61 Day SMA2,728

80 Day SMA2,662

200 Day SMA2,576

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	2,737	2,643	2,687	2,751
Resistance 2	2,687	2,635	2,654	2,694
Resistance 1	2,653	2,627	2,635	2,667
Pivot Point	2,603	2,620	2,603	2,610
Support 1	2,569	2,612	2,570	2,583
Support 2	2,519	2,604	2,551	2,526
Support 3	2,485	2,597	2,519	2,499

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	HAL	3,06,834	4588	3%	1%	5%	3%	31	94	0	9116
2	BEL	2,96,302	405	1%	6%	3%	2%	49	94	0	6062
3	ABB	1,59,609	7532	4%	3%	58%	31%	93	94	0.01	1668
4	CUMMINSIND	1,55,509	5610	1%	3%	37%	54%	74	94	0	2362
5	TMCV	1,50,246	408	4%	1%	9%	23%	0	94	0.44	3030
6	POWERINDIA	1,42,988	32080	6%	13%	90%	61%	150	94	0.02	988
7	BHEL	1,42,068	408	0%	1%	66%	66%	409	94	0.31	1600
8	CGPOWER	1,39,149	884	2%	5%	59%	34%	119	94	0.01	1199
9	POLYCAB	1,34,724	8943	3%	9%	30%	32%	52	94	0.02	2708
10	SIEMENS	1,30,874	3675	2%	3%	25%	16%	66	94	0.02	2754
Load More

Shareholding Pattern (%)

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021
Promoters	(0.01) 74.50%	(0.01) 74.50%	(0.01) 74.50%	(0.01) 74.50%	(0.01) 74.50%	(0.01) 74.50%	(0.01) 74.50%	(0.01) 74.50%	(0.01) 74.50%	(0.01) 74.50%	(0.01) 74.50%	(0.01) 74.50%	(0.01) 74.50%	(0.01) 74.50%	(0.01) 74.50%	(0.01) 74.50%	(0.01) 74.50%	(0.01) 74.50%	(0.01) 74.50%
FIIs	(0.61) 3.51%	(-0.31) 2.96%	(-2.11) 3.26%	(1.51) 5.33%	(0.11) 3.85%	(0.11) 3.71%	(-0.31) 3.65%	(0.71) 3.91%	(0.41) 3.26%	(-0.51) 2.86%	(0.21) 3.34%	(0.41) 3.11%	(0.21) 2.68%	(0.61) 2.52%	(0.21) 1.95%	(0.21) 1.76%	(0.11) 1.55%	(0.41) 1.50%	(0.01) 1.10%
DIIs	(0.11) 1.69%	(-0.41) 1.64%	(0.21) 1.99%	(-0.11) 1.81%	(0.01) 1.90%	(0.01) 1.87%	(-1.31) 1.87%	(-2.91) 3.20%	(0.11) 6.14%	(0.11) 6.03%	(-1.51) 5.96%	(-0.51) 7.46%	(0.41) 7.91%	(-0.81) 7.55%	(-0.81) 8.36%	(-1.51) 9.16%	(-0.61) 10.68%	(-1.51) 11.27%	(0.01) 12.74%
Public	20.32%	20.90%	20.25%	18.36%	19.76%	19.92%	19.98%	18.38%	16.10%	16.61%	16.20%	14.93%	14.91%	15.43%	15.20%	14.58%	13.27%	12.73%	11.66%
No. of Shareholders	407,526	419,648	425,900	407,707	413,986	421,148	404,157	259,827	125,631	117,621	108,922	68,859	60,638	60,048	41,460	37,518	35,806	35,586	34,618

Quarterly Results

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021
Sales	2119	1896	1677	1310	1642	1271	1153	1010	1016	923	898	756	601	699	682	580	543	487	422
Sales Growth % (YoY)	-	-	-	-	-	-	-	-	-	-	-	-	-	43.5%	61.7%	90.6%	36%	35.4%	54.8%
Sales Growth % (QoQ)	11.8%	13.1%	28%	-20.2%	29.2%	10.2%	14.2%	-0.6%	10.1%	2.8%	18.8%	25.8%	-14%	2.5%	17.6%	6.8%	11.5%	15.4%	-
Expenses	1764	1724	1521	1198	1421	1196	1084	953	925	874	849	710	581	652	634	546	511	435	367
Operating Profit	355	172	156	112	221	75	69	56	91	49	49	46	20	47	48	33	33	52	55
OPM %	17	9	9	9	13	6	6	6	9	5	5	6	3	7	7	6	6	11	13
Other Income	71	62	69	73	114	72	75	74	76	82	72	71	70	50	41	41	41	44	36
Interest	3	4	4	6	1	2	2	4	3	1	2	5	4	1	1	1	1	0	0
Depreciation	13	12	12	12	10	11	11	10	10	10	10	10	10	10	10	9	10	10	9
Profit before tax	411	218	209	167	324	134	131	115	153	119	107	102	76	86	79	64	63	86	82
Tax %	26	22	27	28	25	27	25	24	27	26	25	25	28	26	25	22	25	27	28
Net Profit	303	171	154	120	244	98	98	87	112	88	81	77	55	64	59	50	47	63	59
Net Profit Growth % (QoQ)	77.2%	11%	28.3%	-50.8%	149%	-	12.6%	-22.3%	27.3%	8.6%	5.2%	40%	-14.1%	8.5%	18%	6.4%	-25.4%	6.8%	-
Net Profit Growth % (YoY)	24.2%	74.5%	57.1%	37.9%	117.9%	11.4%	21%	13%	103.6%	37.5%	37.3%	54%	17%	1.6%	-	-	-	-	-
TTM Net Profit	748	689	616	560	527	395	385	368	358	301	277	255	228	220	219	219	169	122	0
EPS in Rs	26.47	14.91	13.43	10.49	21.32	8.57	8.53	7.61	9.74	7.7	7.05	6.69	4.83	5.58	5.13	4.38	4.12	5.5	5.13

Profit and Loss

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Sales	7002	5076	3593	2561	1754	1141	1433	1386	1347	921	1657	1562	1611	1524
Sales Growth %	38%	41.3%	40.3%	46%	53.8%	-20.4%	3.4%	2.9%	46.3%	-44.4%	6.1%	-3%	5.7%	18.1%
Expenses	6207	4654	3357	2412	1613	1060	1391	1344	1362	1082	1565	1500	1488	1389
Operating Profit	795	422	235	149	141	81	42	42	-15	-161	92	62	123	135
OPM %	11	8	7	6	8	7	3	3	-1	-17	6	4	8	9
Other Income	274	335	300	202	154	165	215	169	179	217	191	61	82	75
Interest	16	11	13	7	2	10	3	5	8	9	4	6	1	1
Depreciation	49	42	41	39	36	29	30	27	29	27	28	27	23	14
Profit before tax	1005	703	481	305	257	207	224	179	128	20	252	90	181	194
Tax %	26	25	26	25	26	26	27	39	28	43	35	43	36	32
Net Profit	748	527	357	228	190	153	163	110	92	11	164	52	117	132
Net Profit Growth %	41.9%	47.6%	56.6%	20%	24.2%	-6.1%	48.2%	19.6%	736.4%	-93.3%	215.4%	-55.6%	-11.4%	-
EPS in Rs	65.29	46.04	31.19	19.91	16.55	13.4	14.27	9.6	8.07	9.26	132.79	41.77	94.13	106.41
Dividend Payout %	30	30	30	31	35	37	50	72	55	472	15	48	21	20

Cash Flows

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018
Cash from Operating Activity	-290	16	-707	1450	-356	515	628	-112	-74
Cash from Investing Activity	527	170	1056	-1666	429	-1173	245	198	267
Cash from Financing Activity	-223	-187	-358	220	-72	-62	-153	-89	-193
Net Cash Flow	13	-1	-9	4	0	-720	720	-3	0

Balance Sheet

	Mar 2026	Sep 2025	Mar 2025	Sep 2024	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Equity Capital	115	115	115	115	115	115	115	115	115	115	115	124	124	124	124	124
Reserves	2512	2181	1965	1728	1559	1299	1143	1023	926	924	907	959	1013	883	831	743
Borrowings	37	32	10	10	66	312	11	4	0	0	0	25	0	0	0	0
Other Liabilities	7973	8656	8274	8207	8524	9057	6374	5656	4355	3152	3302	3458	3317	2994	5477	5079
Total Liabilities	10636	10984	10362	10059	10263	10783	7643	6797	5395	4191	4323	4567	4454	4001	6432	5947
Fixed Assets	584	563	515	502	493	508	501	340	304	302	389	358	344	366	363	278
CWIP	16	18	28	15	25	6	10	151	52	34	16	23	22	11	18	77
Investments	0	0	0	187	0	234	197	826	54	2	0	0	0	0	0	0
Other Assets	10036	10403	9819	9354	9746	10036	6936	5480	4986	3852	3918	4185	4088	3624	6052	5592
Total Assets	10636	10984	10362	10059	10263	10783	7643	6797	5395	4191	4323	4567	4454	4001	6432	5947

Delivery

#	Date	2530 16% 2935	Value (Cr)	Q/T 17	Del 30	Del 130
1	22-Jul	2589	79	15	35	27
2	21-Jul	2620	81	16	31	25
3	20-Jul	2562	72	14	35	26
4	17-Jul	2581	63	15	41	26
5	16-Jul	2591	71	13	37	26
6	15-Jul	2620	68	16	28	19
7	14-Jul	2617	56	13	36	20
8	13-Jul	2641	68	15	30	21
9	10-Jul	2662	84	15	25	21
10	9-Jul	2627	83	14	32	26
11	8-Jul	2620	113	13	35	40
12	7-Jul	2695	146	16	34	50
13	6-Jul	2766	149	18	29	43
14	3-Jul	2748	147	18	33	49
15	2-Jul	2771	134	20	38	51
16	1-Jul	2739	183	21	29	53
17	30-Jun	2726	256	20	25	64
18	29-Jun	2678	168	16	36	61
19	25-Jun	2725	170	16	34	58
20	24-Jun	2783	209	17	26	54
21	23-Jun	2802	229	18	33	76
22	22-Jun	2861	796	19	24	187
23	19-Jun	2798	380	19	30	112
24	18-Jun	2825	494	21	29	142
25	17-Jun	2818	720	22	29	206
26	16-Jun	2663	105	17	30	32
27	15-Jun	2669	157	18	32	51
28	12-Jun	2649	212	20	30	63
29	11-Jun	2536	162	14	38	61
30	10-Jun	2604	133	16	35	47
31	9-Jun	2673	183	20	34	62
32	8-Jun	2611	129	16	27	35
33	5-Jun	2659	192	19	24	46
34	4-Jun	2676	318	20	25	81
35	3-Jun	2608	137	17	20	27
36	2-Jun	2615	170	16	21	36
37	1-Jun	2602	180	16	31	56
38	29-May	2655	298	21	22	66
39	27-May	2652	170	19	27	46
40	26-May	2662	200	19	29	58
41	25-May	2676	250	22	34	86
42	22-May	2694	180	18	24	43
43	21-May	2691	360	20	25	89
44	20-May	2647	311	18	18	58
45	19-May	2658	355	19	22	77
46	18-May	2582	386	17	30	114
47	15-May	2686	370	19	19	72
48	14-May	2705	745	20	32	242

Daily Market Cap

Date	Total Market Cap	Change	Chg %
23-Jul	29,440c	229c	0.77
22-Jul	29,669c	439c	1.46
21-Jul	30,108c	565c	1.91
17-Jul	29,543c	126c	0.42
16-Jul	29,669c	367c	1.22
15-Jul	30,036c	3c	0.01
14-Jul	30,039c	172c	0.57
13-Jul	30,211c	286c	0.94
10-Jul	30,497c	399c	1.32
09-Jul	30,099c	40c	0.13
08-Jul	30,139c	812c	2.62
07-Jul	30,951c	826c	2.60
06-Jul	31,777c	290c	0.92
02-Jul	31,487c	180c	0.57
01-Jul	31,307c	101c	0.32
30-Jun	31,206c	455c	1.48
29-Jun	30,752c	407c	1.31
26-Jun	31,158c	183c	0.58
25-Jun	31,341c	513c	1.61
24-Jun	31,855c	163c	0.51
23-Jun	32,017c	676c	2.07
22-Jun	32,693c	630c	1.96
19-Jun	32,063c	195c	0.60
18-Jun	32,258c	183c	0.56
17-Jun	32,441c	1,787c	5.83
16-Jun	30,654c	34c	0.11
15-Jun	30,620c	229c	0.75
12-Jun	30,391c	1,111c	3.79
11-Jun	29,280c	1,091c	3.59
10-Jun	30,370c	0	0

Stock Checklist

Price is below from 52 week high low average: 12%

Stock is trading above all short term SMAs: NO

Stock is trading above all long term SMAs: YES

Stock is Consistently Improving Long Term: NO

FII purchased in last quarter: YES

Promoters are buying the stock: NO

Mutual Fund Holdings

Held by 90 fund scheme(s) across 22 fund house(s) as of Jul26 · Total value ₹859 Cr · 0 increasing / 18 decreasing · View in MF Pro →

Fund House	Schemes	Weight %	Change	Value (Cr)
HDFC Mutual Fund	8	0.17%	-0.02%	353.3
Motilal Oswal Mutual Fund	8	2.28%	-	168.7
Mahindra Manulife Mutual Fund	4	0.90%	-0.03%	116.1
Union Mutual Fund	6	0.90%	-	58.5
Aditya Birla Sun Life Mutual Fund	4	2.55%	-	57.9
JM Financial Mutual Fund	4	1.34%	-0.01%	40.1
Nippon India Mutual Fund	6	31.17%	-	29.3
SBI Mutual Fund	4	0.24%	-	14
Edelweiss Mutual Fund	4	0.64%	-	7.3
ICICI Prudential Mutual Fund	4	0.21%	-0.06%	5.5
Jio BlackRock Mutual Fund	1	0.43%	-	1.4
Groww Mutual Fund	4	0.24%	-	1.4
Axis Mutual Fund	4	0.46%	-	1.3
Kotak Mahindra Mutual Fund	4	0.63%	-0.03%	1.1
UTI Mutual Fund	2	0.44%	-	1
Navi Mutual Fund	6	1.32%	-	0.8
Bandhan Mutual Fund	4	0.24%	-	0.8
Angel One Mutual Fund	4	0.43%	-	0.3
DSP Mutual Fund	4	0.18%	-	0.1
Zerodha Mutual Fund	1	0.19%	-0.01%	0
Mirae Asset Mutual Fund	2	0.03%	-	0
Trust Mutual Fund	2	0.00%	-0.74%	0

Garden Reach Shipbuilders & Engineers Limited

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Price Performance

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Cash Flows

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