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

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

17,933.12
45.43
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

14,577.50
0.60%
9.24

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

-
20.90
32.58

P:BV (Average)

8 Years
5 Years
3 Years

-
4.66
6.41

EV:EBITDA (Average)

8 Years
5 Years
3 Years

-
8.84
15.05

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/B 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 Dec 24 Dec 23 Var% Sep 24 Sep 23 Var% Jun 24 Jun 23 Var% Mar 24 Mar 23 Var%
Net Sales 1,271.01 923.10 37.69% 1,152.92 897.91 28.40% 1,009.72 755.90 33.58% 1,015.73 601.17 68.96%
Expenses 1,195.71 874.38 36.75% 1,084.19 849.14 27.68% 953.46 709.84 34.32% 925.17 580.73 59.31%
EBITDA 75.29 48.72 54.54% 68.74 48.77 40.95% 56.26 46.07 22.12% 90.56 20.44 343.05%
EBIDTM 5.92% 5.28% 5.96% 5.43% 5.57% 6.09% 8.92% 3.40%
Other Income 72.12 81.51 -11.52% 74.91 71.55 4.70% 73.87 70.64 4.57% 75.92 69.92 8.58%
Interest 2.31 1.13 104.42% 2.41 2.48 -2.82% 4.24 4.63 -8.42% 3.26 4.04 -19.31%
Depreciation 11.33 10.44 8.52% 10.71 10.35 3.48% 10.44 10.13 3.06% 10.40 10.02 3.79%
PBT 133.76 118.67 12.72% 130.53 107.49 21.43% 115.44 101.94 13.24% 152.82 76.30 100.29%
Tax 35.58 30.42 16.96% 32.76 26.75 22.47% 28.25 25.26 11.84% 41.22 21.00 96.29%
PAT 98.19 88.25 11.26% 97.77 80.74 21.09% 87.20 76.68 13.72% 111.60 55.30 101.81%
PATM 7.72% 9.56% 8.48% 8.99% 8.64% 10.14% 10.99% 9.20%
EPS 8.57 7.70 11.30% 8.53 7.05 20.99% 7.61 6.69 13.75% 9.74 4.83 101.66%

Description Dec 24 Dec 23 Var% Sep 24 Sep 23 Var% Jun 24 Jun 23 Var% Mar 24 Mar 23 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 4,449.38 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 40.00% 40.27% 45.98% 53.79% -20.40% 3.38% 2.87% 46.21% -51.62% -17.32% Cost Of Goods Sold 3,036.60 504.38 596.11 177.57 189.57 103.85 140.67 259.68 462.48 1,268.22 1,682.47 Gross Profit 1,412.78 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 31.75% 85.96% 76.72% 89.88% 83.38% 92.75% 89.85% 80.73% 49.83% 33.43% 26.99% Total Expenditure 4,158.53 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 290.85 238.94 152.96 141.15 81.33 41.95 42.12 -18.76 -161.11 78.93 20.58 EBITDA Margin 6.54% 6.65% 5.97% 8.05% 7.13% 2.93% 3.04% -1.39% -17.48% 4.14% 0.89% Other Income 296.82 299.62 201.84 161.32 185.72 225.50 171.24 183.15 216.99 180.42 69.27 Interest 12.22 16.32 10.40 1.83 10.10 2.88 5.11 7.69 9.12 1.02 1.70 Depreciation 42.88 41.33 39.17 35.71 29.09 30.09 27.08 28.96 26.65 27.80 27.11 PBT 532.55 480.92 305.22 264.93 227.87 234.48 181.16 127.75 20.12 230.53 61.05 Tax 137.81 123.65 77.09 67.71 53.65 60.39 69.02 35.35 8.65 86.39 32.57 Tax Rate 25.88% 25.71% 25.26% 26.32% 25.90% 26.98% 38.57% 27.67% 42.99% 34.96% 42.84% PAT 394.76 357.27 228.12 189.53 153.47 163.48 109.94 92.40 11.46 160.72 43.45 PAT before Minority Interest 394.76 357.27 228.12 189.53 153.47 163.48 109.94 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 8.87% 9.94% 8.91% 10.80% 13.45% 11.41% 7.93% 6.86% 1.24% 8.44% 1.89% PAT Growth 31.16% 56.61% 20.36% 23.50% -6.12% 48.70% 18.98% 706.28% -92.87% 269.90% EPS 34.45 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 bags LoA worth Rs 489.98 crore from Geological Survey of India
9th Apr 2025, 12:12 PM

The LoA is for the construction and delivery of two coastal research vessel for the Geological Survey of India
Read More
GRSE inks pact with SWAN Defence to boost indigenous commercial shipbuilding capabilities
8th Apr 2025, 15:30 PM

Both the shipyards will collaborate on a non-exclusive basis for the construction of commercial vessels and offshore structures
Read More
GRSE inks pact for construction and delivery of vessel
25th Mar 2025, 11:18 AM

The shipyard will build a total of eight vessels at an around order value of $108 million
Read More
GRSE signs MoU with PWD Nagaland
20th Mar 2025, 10:51 AM

MoU is for the supply of eight sets of Double Lane Modular Steel Bridges in the state
Read More
Garden Reach Shipbuilders signs contract with Government of India
20th Feb 2025, 14:07 PM

The said contract is expected to be completed in 10 months from the date of availability of Ship for refit, GRSE, Kolkata
Read More
Garden Reach Ship - Quarterly Results
3rd Feb 2025, 17:39 PM

Read More
Garden Reach Shipbuilders inks MoU with Apollo Micro Systems
30th Jan 2025, 11:07 AM

The MoU is to establish a strategic collaboration for the joint development and supply of Advanced Weapons and Electronic Systems
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: