Garden Reach Shipbuilders & Engineers, 542011, GRSE Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

17,662.77
46.14
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

14,307.16
0.61%
9.64

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

4.54
20.18
26.99

EBITDA CAGR (%)

10 Years
5 Years
3 Years

27.79
41.62
11.10

PAT CAGR (%)

10 Years
5 Years
3 Years

23.45
16.92
23.53

P:E (Median)

8 Years
5 Years
3 Years

-
18.51
29.70

P:BV (Average)

8 Years
5 Years
3 Years

-
4.39
5.94

EV:EBITDA (Average)

8 Years
5 Years
3 Years

-
7.82
13.48

Earnings Forecasts:

Description 2024 2025 2026 2027
Adj EPS 31.19 40.7 56.58 60.97
P/E Ratio 53.44 40.95 29.46 27.34
Revenue 3593 5019 6636 7312
EBITDA 234 346 495 553
Net Income 357 466 648 698
ROA 3.4
P/Bk Ratio 11.41 9.34 7.52 6.05
ROE 23.14 24.04 25.96 23.59
FCFF -494.23 1818.66 29.62 3868.54
FCFF Yield -3.53 13.01 0.21 27.66

Quarterly Results

Standalone Figures in Rs. Crores /

Consolidated

Description Sep 24 Sep 23 Var% Jun 24 Jun 23 Var% Mar 24 Mar 23 Var% Dec 23 Dec 22 Var%
Net Sales 1,152.92 897.91 28.40% 1,009.72 755.90 33.58% 1,015.73 601.17 68.96% 923.10 698.61 32.13%
Expenses 1,084.19 849.14 27.68% 953.46 709.84 34.32% 925.17 580.73 59.31% 874.38 651.74 34.16%
EBITDA 68.74 48.77 40.95% 56.26 46.07 22.12% 90.56 20.44 343.05% 48.72 46.86 3.97%
EBIDTM 5.96% 5.43% 5.57% 6.09% 8.92% 3.40% 5.28% 6.71%
Other Income 74.91 71.55 4.70% 73.87 70.64 4.57% 75.92 69.92 8.58% 81.51 50.24 62.24%
Interest 2.41 2.48 -2.82% 4.24 4.63 -8.42% 3.26 4.04 -19.31% 1.13 1.27 -11.02%
Depreciation 10.71 10.35 3.48% 10.44 10.13 3.06% 10.40 10.02 3.79% 10.44 9.92 5.24%
PBT 130.53 107.49 21.43% 115.44 101.94 13.24% 152.82 76.30 100.29% 118.67 85.90 38.15%
Tax 32.76 26.75 22.47% 28.25 25.26 11.84% 41.22 21.00 96.29% 30.42 21.98 38.40%
PAT 97.77 80.74 21.09% 87.20 76.68 13.72% 111.60 55.30 101.81% 88.25 63.92 38.06%
PATM 8.48% 8.99% 8.64% 10.14% 10.99% 9.20% 9.56% 9.15%
EPS 8.53 7.05 20.99% 7.61 6.69 13.75% 9.74 4.83 101.66% 7.70 5.58 37.99%

Description Sep 24 Sep 23 Var% Jun 24 Jun 23 Var% Mar 24 Mar 23 Var% Dec 23 Dec 22 Var%
Net Sales 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Expenses 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
EBITDA 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
EBIDTM 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Other Income 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Interest 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Depreciation 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PBT 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Tax 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PAT 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PATM 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0

Annual Results

Standalone Figures in Rs. Crores

Description TTM Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Net Sales 4,101.47 3,592.64 2,561.15 1,754.45 1,140.84 1,433.30 1,386.42 1,347.76 921.77 1,905.18 2,304.35 Net Sales Growth 38.86% 40.27% 45.98% 53.79% -20.40% 3.38% 2.87% 46.21% -51.62% -17.32% Cost Of Goods Sold 2,687.65 504.38 596.11 177.57 189.57 103.85 140.67 259.68 462.48 1,268.22 1,682.47 Gross Profit 1,413.82 3,088.26 1,965.04 1,576.88 951.27 1,329.44 1,245.76 1,088.08 459.29 636.96 621.88 GP Margin 34.47% 85.96% 76.72% 89.88% 83.38% 92.75% 89.85% 80.73% 49.83% 33.43% 26.99% Total Expenditure 3,837.20 3,353.70 2,408.19 1,613.30 1,059.51 1,391.35 1,344.30 1,366.52 1,082.88 1,826.25 2,283.77 Power & Fuel Cost - 9.83 8.89 8.63 6.30 8.45 8.71 9.69 10.52 10.79 10.24 % Of Sales - 0.27% 0.35% 0.49% 0.55% 0.59% 0.63% 0.72% 1.14% 0.57% 0.44% Employee Cost - 348.93 316.91 290.29 269.38 296.94 291.47 298.60 285.78 296.05 310.03 % Of Sales - 9.71% 12.37% 16.55% 23.61% 20.72% 21.02% 22.16% 31.00% 15.54% 13.45% Manufacturing Exp. - 2,319.22 1,367.57 1,050.75 452.83 819.71 782.18 630.50 136.09 188.42 164.45 % Of Sales - 64.55% 53.40% 59.89% 39.69% 57.19% 56.42% 46.78% 14.76% 9.89% 7.14% General & Admin Exp. - 137.10 93.92 65.30 102.62 114.42 81.81 108.61 56.88 13.01 14.03 % Of Sales - 3.82% 3.67% 3.72% 9.00% 7.98% 5.90% 8.06% 6.17% 0.68% 0.61% Selling & Distn. Exp. - 6.64 4.87 4.10 3.87 9.19 5.08 6.42 10.99 9.56 23.22 % Of Sales - 0.18% 0.19% 0.23% 0.34% 0.64% 0.37% 0.48% 1.19% 0.50% 1.01% Miscellaneous Exp. - 27.59 19.91 16.66 34.94 38.78 34.40 53.02 120.13 40.22 23.22 % Of Sales - 0.77% 0.78% 0.95% 3.06% 2.71% 2.48% 3.93% 13.03% 2.11% 3.44% EBITDA 264.28 238.94 152.96 141.15 81.33 41.95 42.12 -18.76 -161.11 78.93 20.58 EBITDA Margin 6.44% 6.65% 5.97% 8.05% 7.13% 2.93% 3.04% -1.39% -17.48% 4.14% 0.89% Other Income 306.21 299.62 201.84 161.32 185.72 225.50 171.24 183.15 216.99 180.42 69.27 Interest 11.04 16.32 10.40 1.83 10.10 2.88 5.11 7.69 9.12 1.02 1.70 Depreciation 41.99 41.33 39.17 35.71 29.09 30.09 27.08 28.96 26.65 27.80 27.11 PBT 517.46 480.92 305.22 264.93 227.87 234.48 181.16 127.75 20.12 230.53 61.05 Tax 132.65 123.65 77.09 67.71 53.65 60.39 69.02 35.35 8.65 86.39 32.57 Tax Rate 25.63% 25.71% 25.26% 26.32% 25.90% 26.98% 38.57% 27.67% 42.99% 34.96% 42.84% PAT 384.82 357.27 228.12 189.53 153.47 163.48 109.94 92.40 11.46 160.72 43.45 PAT before Minority Interest 384.82 357.27 228.12 189.53 153.47 163.48 109.94 92.40 11.46 160.72 43.45 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 9.38% 9.94% 8.91% 10.80% 13.45% 11.41% 7.93% 6.86% 1.24% 8.44% 1.89% PAT Growth 39.10% 56.61% 20.36% 23.50% -6.12% 48.70% 18.98% 706.28% -92.87% 269.90% EPS 33.58 31.18 19.91 16.54 13.39 14.27 9.59 8.06 1.00 14.02 3.79

Results Balance Sheet

Standalone Figures in Rs. Crores

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 14 Mar 13
Shareholder's Funds 1,673.44 1,413.82 1,257.89 1,137.12 1,040.23 1,038.31 1,021.54 1,083.14 955.80 863.32 Share Capital 114.55 114.55 114.55 114.55 114.55 114.55 114.55 123.84 123.84 123.84 Total Reserves 1,558.89 1,299.27 1,143.34 1,022.57 925.68 923.76 906.98 959.30 831.96 739.48 Non-Current Liabilities 349.12 223.70 321.20 238.21 274.63 83.17 80.12 62.13 41.40 182.64 Secured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 25.00 24.03 0.00 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 22.00 Long Term Provisions 319.02 191.78 292.49 223.47 254.35 64.32 60.79 11.71 3.33 155.58 Current Liabilities 8,456.35 9,240.86 6,256.32 5,548.48 4,247.02 3,068.45 3,217.35 3,421.36 5,433.36 5,044.51 Trade Payables 992.42 1,173.87 411.69 782.72 546.78 370.09 688.83 367.96 370.27 246.25 Other Current Liabilities 7,370.30 7,737.02 5,682.17 4,603.85 3,547.65 2,557.55 2,385.19 2,904.39 4,938.97 4,700.50 Short Term Borrowings 55.58 301.17 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Short Term Provisions 38.04 28.80 162.46 161.92 152.59 140.81 143.33 149.01 124.12 97.76 Total Liabilities 10,478.91 10,878.38 7,835.41 6,923.81 5,561.88 4,189.93 4,319.01 4,566.63 6,430.56 6,090.47 Net Block 492.57 507.61 500.65 340.20 303.69 302.25 389.17 358.34 365.48 279.79 Gross Block 754.21 729.70 687.03 496.14 430.81 399.59 472.33 412.63 533.87 427.32 Accumulated Depreciation 261.64 222.09 186.37 155.94 127.12 97.33 83.16 54.29 168.39 147.53 Non Current Assets 1,033.13 912.55 2,009.05 1,446.35 754.22 618.49 1,809.04 1,278.30 446.02 566.68 Capital Work in Progress 24.76 6.04 9.66 151.30 51.52 34.19 16.03 23.18 17.71 76.76 Non Current Investment 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Loans & Adv. 433.15 315.95 365.03 268.02 330.22 107.68 101.27 108.90 43.25 187.27 Other Non Current Assets 82.65 82.94 1,133.71 686.83 68.79 174.36 1,302.57 787.87 19.57 22.85 Current Assets 9,445.62 9,965.75 5,825.90 5,477.46 4,807.67 3,571.44 2,509.96 3,288.33 5,984.54 5,523.79 Current Investments 0.00 233.66 196.68 825.82 54.00 1.83 0.00 0.00 0.00 0.00 Inventories 3,984.44 2,918.50 1,172.27 787.87 441.02 349.57 513.10 485.89 5,240.99 4,096.96 Sundry Debtors 194.21 50.84 151.34 178.14 535.28 219.86 202.06 198.86 46.55 91.83 Cash & Bank 3,720.34 4,327.81 2,557.74 2,281.17 2,611.32 1,989.40 1,022.15 1,620.26 447.96 1,058.56 Other Current Assets 1,546.64 176.25 68.10 93.05 1,166.04 1,010.78 772.66 983.33 249.04 276.44 Short Term Loans & Adv. 1,355.53 2,258.68 1,679.77 1,311.40 962.07 438.54 286.41 243.02 211.82 239.00 Net Current Assets 989.27 724.89 -430.42 -71.02 560.65 502.99 -707.39 -133.03 551.19 479.28 Total Assets 10,478.75 10,878.30 7,834.95 6,923.81 5,561.89 4,189.93 4,319.00 4,566.63 6,430.56 6,090.47

Cash Flow

Standalone Figures in Rs. Crores

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 14 Mar 13
Cash From Operating Activity -706.89 1,450.23 -355.70 515.28 627.84 -111.67 -74.02 -191.22 17.02 92.06 PBT 480.92 305.22 257.24 207.12 223.87 178.96 127.75 20.12 187.23 193.15 Adjustment -224.26 -140.02 -102.84 -119.39 -182.50 -137.76 -139.12 -174.37 -49.15 -56.51 Changes in Working Capital -839.90 1,362.13 -442.39 481.19 461.89 -278.79 -99.54 42.06 -60.39 10.71 Cash after chg. in Working capital -583.24 1,527.33 -287.98 568.92 503.25 -237.58 -110.91 -112.19 77.70 147.35 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -123.65 -77.09 -67.71 -53.65 124.58 125.91 36.90 -79.03 -60.68 -55.28 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity 1,055.70 -1,666.29 428.58 -1,172.73 244.95 197.81 267.37 226.82 34.95 -65.57 Net Fixed Assets -43.23 -39.05 -49.25 -165.11 -48.55 54.58 -52.55 115.77 -47.50 -175.29 Net Investments 233.66 -36.98 629.14 -771.82 -52.17 -1.83 0.00 0.00 0.00 0.00 Others 865.27 -1,590.26 -151.31 -235.80 345.67 145.06 319.92 111.05 82.45 109.72 Cash from Financing Activity -357.52 220.33 -72.49 -62.45 -152.83 -88.75 -193.31 -50.00 -50.71 -30.27 Net Cash Inflow / Outflow -8.72 4.27 0.39 -719.91 719.95 -2.62 0.04 -14.40 1.26 -3.77 Opening Cash & Equivalents 13.99 9.71 9.32 729.23 9.27 11.89 11.85 26.25 15.69 19.46 Closing Cash & Equivalent 5.27 13.99 9.71 9.32 729.23 9.27 11.89 11.85 16.96 15.69

Financial Ratios

Standalone

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Book Value (Rs.) 146.09 123.42 109.81 99.27 90.81 90.64 89.18 874.63 915.91 781.45 ROA 3.35% 2.44% 2.57% 2.46% 3.35% 2.58% 2.08% 0.25% 2.71% 0.62% ROE 23.14% 17.08% 15.83% 14.10% 15.73% 10.67% 8.78% 1.03% 15.42% 4.52% ROCE 28.88% 21.23% 21.63% 19.95% 21.82% 17.87% 12.72% 2.61% 23.87% 7.89% Fixed Asset Turnover 4.84 3.62 2.97 2.46 3.45 3.18 3.05 2.37 3.55 4.21 Receivable days 12.45 14.41 34.27 114.13 96.15 55.54 54.21 69.26 33.55 15.66 Inventory Days 350.66 291.50 203.90 196.59 100.67 113.56 135.08 223.96 572.67 774.34 Payable days 783.83 485.42 1227.57 1279.93 130.55 153.44 156.15 175.20 127.48 76.27 Cash Conversion Cycle -420.72 -179.52 -989.41 -969.22 66.27 15.65 33.14 118.03 478.74 713.74 Total Debt/Equity 0.03 0.21 0.00 0.00 0.00 0.00 0.00 0.02 0.00 0.02 Interest Cover 30.47 30.34 141.55 21.52 78.82 36.00 17.61 3.21 57.64 45.68

Top Investors:

hdfc trustee company ltd a/c hdfc balanced advantage fund

llp

Annual Reports:

News Update:

GRSE signs contract for construction, delivery of second Multi-Purpose Vessel
5th Dec 2024, 16:49 PM

The company has signed contract on December 4, 2024 at Hamburg, Germany
Read More
GRSE signs contract with Government of West Bengal for delivery of 13 Hybrid Ferries
19th Nov 2024, 17:41 PM

Of the 13 ferries for which the contract was signed, six will have twin decks with a capacity of 200 passengers each
Read More
GRSE signs contract with Naval Physical and Oceanographic Laboratory
30th Oct 2024, 09:20 AM

The value of the contract signed between GRSE and NPOL is Rs 490.98 crore
Read More
Garden Reach Shipbuilders secures letters of Intent worth Rs 491 crore
19th Oct 2024, 10:31 AM

The company has received order from Naval Physical & Oceanographic Laboratory
Read More

Garden Reach Shipbuilders & Engineers Ltd.

Ship Building

BSE: 542011 | NSE: GRSE

Stock Summary

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Standalone Figures in Rs. Crores /

Annual Results

Standalone Figures in Rs. Crores

Results Balance Sheet

Standalone Figures in Rs. Crores

Cash Flow

Standalone Figures in Rs. Crores

Financial Ratios

Standalone

Top Investors:

Annual Reports:

News Update:

Garden Reach Shipbuilders & Engineers Ltd.

Ship Building

BSE: 542011 | NSE: GRSE

Stock Summary

Shareholding Pattern

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Standalone Figures in Rs. Crores /

Annual Results

Standalone Figures in Rs. Crores

Results Balance Sheet

Standalone Figures in Rs. Crores

Cash Flow

Standalone Figures in Rs. Crores

Financial Ratios

Standalone

Top Investors:

Annual Reports:

News Update: