Garden Reach Shipbuilders & Engineers Limited (GRSE) (NSE: GRSE) and Mazagon Dock Shipbuilders Ltd (NSE: MAZDOCK) are both listed in the Shipbuilding & Repair industry. Garden Reach Shipbuilders & Engineers has a market capitalisation of ₹23,447 Cr and Mazagon Dock Shipbuilders ₹70,051 Cr, as of 9 Nov 2026. Their P/E ratios are 31.3 and 27.1 respectively. Return on equity is 31.79% for Garden Reach Shipbuilders & Engineers and 28.77% for Mazagon Dock Shipbuilders. Over one year, Garden Reach Shipbuilders & Engineers's share price is down 14.7% and Mazagon Dock Shipbuilders's is down 31.7%.
| Metric | Garden Reach Shipbuilders & Engineers | Mazagon Dock Shipbuilders |
|---|---|---|
| NSE Symbol | GRSE | MAZDOCK |
| BSE Code | 542011 | 543237 |
| Share Price | ₹2,195.00 | ₹1,878.00 |
| Market Cap | ₹23,447 Cr | ₹70,051 Cr |
| P/E Ratio | 31.3 | 27.1 |
| Return on Equity | 31.79% | 28.77% |
| Return on Assets | 4.42% | 4.83% |
| Dividend Yield | 0.98% | 0.58% |
| Beta (1Y) | 0.88 | 0.36 |
| 1-Year Price Change | -14.7% | -31.7% |
| 3-Month Price Change | -15.1% | -27.1% |
| 52-Week Range | ₹1,842.00 – ₹3,339.00 | ₹1,687.50 – ₹2,848.00 |
| Latest Quarter | Q1 FY27 | Q2 FY27 |
| Quarterly Revenue | ₹1,815 Cr | ₹2,446 Cr |
| Quarterly Net Profit | ₹173 Cr | ₹346 Cr |
| Net Margin | 9.5% | 14.2% |
| EPS (Basic, Quarter) | ₹15.09 | ₹8.53 |
| Results Basis | standalone | consolidated |
| Headquarters | Kolkata, West Bengal | Mumbai, Maharashtra |
The figures sit side by side and are not ranked. Quarterly figures are in ₹ crore, parsed from each company's exchange filing (XBRL); the two companies' latest quarters can differ.
Garden Reach Shipbuilders & Engineers Limited engages in the design and construction of war ships in India. The company offers frigates, anti-submarine warfare corvette, missile corvette, landing ship tank, landing craft utility, survey vessel, fleet replenishment tanker, fast patrol vessel, offshore patrol vessel, inshore patrol vessel, water jet fast attack craft, anti-submarine warfare shallow water craft, electric ferries, ocean going passenger and cargo ferry vessel, hovercraft, and fast interceptor boat products to the Indian Navy, Indian Coast Guard, and other government. It also provid…
Mazagon Dock Shipbuilders Limited engages in the building and repairing of ships, submarines, vessels, and related engineering products in India and internationally. The company operates in two segments, Shipbuilding, and Submarine and Heavy Engineering. The company offers naval platforms, such as destroyers, conventional submarines, frigates, corvettes, missile boats, offshore patrol vessels, and floating border outposts. It also provides merchant ships, such as general cargo vessels, multipurpose support vessels, offshore supply vessels, tugs, dredgers, passenger cum cargo vessels, water tan…
Mazagon Dock Shipbuilders has a market capitalisation of ₹70,051 Cr, against ₹23,447 Cr for Garden Reach Shipbuilders & Engineers as of 9 Nov 2026, about 3.0 times the size by market cap.
Garden Reach Shipbuilders & Engineers has a P/E of 31.3 and Mazagon Dock Shipbuilders a P/E of 27.1 as of 9 Nov 2026.
Garden Reach Shipbuilders & Engineers has a return on equity of 31.79% and Mazagon Dock Shipbuilders 28.77%.
Garden Reach Shipbuilders & Engineers's share price is down 14.7% over one year and Mazagon Dock Shipbuilders's is down 31.7%.
Garden Reach Shipbuilders & Engineers reported revenue of ₹1,815 Cr and net profit of ₹173 Cr for Q1 FY27. Mazagon Dock Shipbuilders reported revenue of ₹2,446 Cr and net profit of ₹346 Cr for Q2 FY27. Figures are parsed from each company's exchange filing.
Both are classified under Aerospace & Defence > Naval Platforms > Shipbuilding & Repair on FinBizNet.
No. The page lays the two companies' published figures side by side and draws no conclusion from them. It is descriptive market data, not investment advice.
Data as of 9 Nov 2026. Descriptive market data only — not investment advice.