Is Garden Reach Shipbuilders (GRSE) overvalued or fairly valued?

MarketChacha shows Garden Reach Shipbuilders's valuation in context — a forward P/E of about 30.7, a price-to-book of about 11.3 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Garden Reach Shipbuilders's revenue?

Garden Reach Shipbuilders reported revenue of ₹7,002 Cr for FY2026, with net profit of ₹748 Cr, per official filings.

What is the share price of Garden Reach Shipbuilders (GRSE)?

Garden Reach Shipbuilders last traded at ₹2,561.70 (-0.8% on the day), as of 7/20/2026 — a delayed quote shown for education, not investment advice.

Garden Reach Shipbuilders

GRSE · NSE · Defense/Shipbuilding · India

₹2,561.70-0.8%

Delayed · as reported by Yahoo Finance · as of Jul 20, 2026, 10:00 AM

Snapshot

TickerGRSE

ExchangeNSE

SectorDefense/Shipbuilding

IndustryAerospace & Defense

CountryIndia

HeadquartersKolkata, India

Market cap₹29,568 Cr

P/B11.3

Volume2.81L

Websitewww.grse.in

Filings tracked0

About Garden Reach Shipbuilders

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, hydrographic and oceanographic surveys, helicopter traversing systems, and dock capstans and winches. Further, it engages in the assembling, overhauling, and testing of marine diesel engines, as well as provides dry docking and afloat maintenance, refit, and repair services for defense and commercial ships. The company was founded in 1884 and is based in Kolkata, India.

Profile as reported by Yahoo Finance.

Who owns it

Promoters74.5%
Institutions3.8%
Public & other21.7%

50 institutional holders

As reported by Yahoo Finance. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Net margin trend8.9% → 10.7%

Margin has expanded by about 1.8 points — the business is getting more profitable.

Growth qualityrev 40% · PAT 49%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (BSE (official results filing)). Education, not a rating or recommendation.

What's expected next

Next fiscal year

Rev ₹9,171 Cr · EPS 84.00

Est. earnings growth +11.5%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

₹1,963.7052-wk range₹3,339.00

Delayed · as reported by Yahoo Finance

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Financials at a glance

Source: BSE (official results filing)

Annual

Quarterly · last 4

Market cap

₹29,568 Cr

Day change

-0.8%

Fwd P/E

30.7

P/B

11.3

Div yield

1.04%

Beta

0.68

Revenue (FY2026)

₹7,002 Cr

Net margin

10.7%

Revenue CAGR (3y)

+39.8%

Profit CAGR (3y)

+48.6%

EPS (FY2026)

65.29

Net profit (FY2026)

₹748 Cr

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

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Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin
FY2026	₹7,002 Cr	₹748 Cr	65.29	10.7%
FY2025	₹5,076 Cr	₹527 Cr	—	10.4%
FY2024	₹3,593 Cr	₹357 Cr	—	9.9%
FY2023	₹2,561 Cr	₹228 Cr	—	8.9%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	₹2,119 Cr	₹303 Cr	26.47	14.3%
2025Q4	₹1,896 Cr	₹171 Cr	14.91	9.0%
2025Q3	₹1,677 Cr	₹154 Cr	—	9.2%
2025Q2	—	₹120 Cr	—	—

Figures as reported, in ₹ (crore). Source: BSE (official results filing).

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.