Garden Reach Shipbuilders & Engineers Limited (GRSE) (NSE: GRSE, BSE: 542011) is a Kolkata, West Bengal-based company in the Shipbuilding & Repair industry. With a market capitalisation of ₹23,447 Cr, it ranks #326 by market cap among the 6,197 Indian listed companies on FinBizNet, and #3 of 4 in Shipbuilding & Repair. At ₹2,195.00 (as of 9 Nov 2026), the share price is 34.3% below its 52-week high of ₹3,339.00 and 19.2% above its 52-week low of ₹1,842.00. The share price is down 14.7% over one year and down 15.1% over three months.
| Current Price | ₹2,195.00 |
|---|---|
| Market Cap | ₹23,447 Cr |
| NSE Symbol | GRSE |
| BSE Code | 542011 |
| Sector | Industrials > Capital Goods > Aerospace & Defence |
| Sub-Industry | Naval Platforms > Shipbuilding & Repair |
| P/E Ratio | 31.3 |
| Return on Equity | 31.79% |
| Return on Assets | 4.42% |
| 52-Week Range | ₹1,842.00 – ₹3,339.00 |
| 1-Year Price Change | -14.7% |
| 3-Month Price Change | -15.1% |
| Beta (1Y) | 0.88 |
| Dividend Yield | 0.98% |
| Headquarters | Kolkata, West Bengal |
| Website | www.grse.in |
| Revenue | ₹1,815 Cr |
|---|---|
| Net Profit | ₹173 Cr |
| Net Margin | 9.5% |
| EPS (Basic) | ₹15.09 |
| Basis | standalone |
Figures in ₹ crore, parsed from the company's exchange filing (XBRL).
Garden Reach Shipbuilders & Engineers Limited (GRSE) reported revenue of ₹1,815 Cr in Q1 FY27, up 38.5% from ₹1,310 Cr in Q1 FY26 and down 14.4% from ₹2,119 Cr in Q4 FY26. It posted a net profit of ₹173 Cr for the quarter, against a net profit of ₹120 Cr in Q1 FY26 (up 43.8%). Across the 6 quarters from Q4 FY25 to Q1 FY27, quarterly revenue ranged from ₹1,310 Cr (Q1 FY26) to ₹2,119 Cr (Q4 FY26). The company was profitable in each of these 6 quarters.
| Quarter | Revenue | Net Profit | Net Margin |
|---|---|---|---|
| Q1 FY27 | ₹1,815 Cr | ₹173 Cr | 9.5% |
| Q4 FY26 | ₹2,119 Cr | ₹303 Cr | 14.3% |
| Q3 FY26 | ₹1,896 Cr | ₹171 Cr | 9.0% |
| Q2 FY26 | ₹1,677 Cr | ₹154 Cr | 9.2% |
| Q1 FY26 | ₹1,310 Cr | ₹120 Cr | 9.2% |
| Q4 FY25 | ₹1,642 Cr | ₹244 Cr | 14.9% |
Standalone figures (₹ crore, XBRL filings).
Promoters held 74.50% of Garden Reach Shipbuilders & Engineers Limited (GRSE)'s shares as of Sept 2026, unchanged from Sept 2025. Delivery averaged 29.1% of traded volume across 16 NSE sessions (15 Oct 2026 – 9 Nov 2026).
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 provides unmanned surface vessels, autonomous underwater vessels, ship-based drones, and green platforms and naval surface guns. In addition, the company offers portable bridges; and deck machinery equipment, such as anchor capstans and windlass, mooring and dock capstans, general-purpose and ammunition davits, electric boats and electro-hydraulic drive deck machinery products, survey vessels, hydrograp
1. Ship-This segment engages in the construction of vessels for clients in the defense sector shipping industry. 2. B&D Spares-This segment provides B&D spares. 3. Engineering-This segment develops and manufactures portable steel bridges, suspension type pre-fabricated steel bridges, marine pumps, rail-less helicopter traversing systems, boat davits, anchors, mooring and dock capstans, and anchor windlass products and winches. 4. Engine-This segment produces and sells diesel engines, engine components, and accessories.
| Company | Market Cap | P/E | ROE | Latest Qtr Revenue | 1Y Change |
|---|---|---|---|---|---|
| Mazagon Dock Shipbuilders Ltd | ₹70,051 Cr | 27.1 | 28.77% | ₹2,446 Cr | -31.7% |
| Cochin Shipyard Ltd | ₹30,702 Cr | 42.8 | 12.52% | ₹1,094 Cr | -27.8% |
| Garden Reach Shipbuilders & Engineers Limited (GRSE) | ₹23,447 Cr | 31.3 | 31.79% | ₹1,815 Cr | -14.7% |
| Swan Defence And Heavy Industries Limited | ₹14,194 Cr | n/m | -123.70% | ₹69 Cr | +264.7% |
Listed by market capitalisation. Ratios are shown for context only.
Garden Reach Shipbuilders & Engineers Limited (GRSE) is trading at ₹2,195.00, with a market capitalisation of ₹23,447 Cr.
Garden Reach Shipbuilders & Engineers Limited (GRSE) operates in the Industrials > Capital Goods > Aerospace & Defence space (Naval Platforms > Shipbuilding & Repair).
Garden Reach Shipbuilders & Engineers Limited (GRSE) has a P/E of 31.3 and a return on equity of 31.79%.
Garden Reach Shipbuilders & Engineers Limited (GRSE) is listed on the NSE under the symbol GRSE and on the BSE under the scrip code 542011.
Garden Reach Shipbuilders & Engineers Limited (GRSE)'s share price is down 14.7% over one year and down 15.1% over three months. Its 52-week range is ₹1,842.00 to ₹3,339.00.
In Q1 FY27, Garden Reach Shipbuilders & Engineers Limited (GRSE) reported revenue of ₹1,815 Cr and net profit of ₹173 Cr, with basic EPS of ₹15.09 (standalone, parsed from the company's exchange filing).
Garden Reach Shipbuilders & Engineers Limited (GRSE) reported revenue of ₹1,815 Cr in Q1 FY27, up 38.5% from ₹1,310 Cr in Q1 FY26 and down 14.4% from ₹2,119 Cr in Q4 FY26.
Promoters held 74.50% of Garden Reach Shipbuilders & Engineers Limited (GRSE)'s shares as of Sept 2026, unchanged from Sept 2025.
Data as of 9 Nov 2026. Descriptive market data only — not investment advice.