Garden Reach Shipbuilders & Engineers Ltd (GRSE) — shareholding pattern, promoter holding, financials and share price

About Garden Reach Shipbuilders & Engineers Ltd (GRSE)

Garden Reach Shipbuilders & Engineers Ltd operates in the Aerospace & Defense industry, within the Capital Goods sector. It trades on the NSE as GRSE and on the BSE under scrip code 542011. Its ISIN is INE382Z01011.

Garden Reach Shipbuilders & Engineers Ltd is a premier shipbuilding company in India under the administrative control of the Ministry of Defence, primarily catering to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard. GRSE is a diversified, profit making and the first Shipyard in the country to export warships and deliver 100 warships to the Indian Navy and Indian Coast Guard. [1]

Garden Reach Shipbuilders & Engineers Limited is a government‑owned Indian shipbuilder that primarily constructs warships and support vessels for the Indian Navy and Coast Guard while also delivering commercial vessels, exports, marine engines, portable steel bridges, deck machinery and ship repair from multiple Kolkata facilities and a Diesel Engine Plant.

Q3 FY26 execution was robust: revenue from operations rose 49% year‑on‑year to ₹1,896 crore while PAT increased 74% to ₹171 crore, and nine‑month revenues of ₹4,883 crore are nearly equivalent to FY25 full‑year revenue, signalling markedly improved throughput and margin conversion driven by frequent deliveries and higher physical progress.

Listed peers in Aerospace & Defense: Data Patterns (India) Ltd, MTAR Technologies Ltd, Astra Microwave Products Ltd, Zen Technologies Ltd, Aequs Ltd, Apollo Micro Systems Ltd.

Valuation & Returns

10 Jul 2026

At ₹2,660 a share on 10 Jul 2026, Garden Reach Shipbuilders & Engineers Ltd (GRSE) was valued at a price-to-earnings ratio of 40.74x against an industry P/E of 46.65x and a price-to-book of 14.65x on a book value of ₹181.51 per share as of Mar 2025. Solomo computes return on equity of 35.97% and return on capital employed of 48.87% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.

P/E
40.74x
Industry P/E
46.65x
P/B
14.65x
EPS (TTM)
₹65.29
Book value / share
₹181.51
ROE
35.97%
ROCE
48.87%
ROA
7.22%
Debt / equity
0x
Dividend yield
0.67%
EBITDA margin
15.28%
52-week range
₹1,965 – ₹3,338.9

Ratios are computed from filed results and the last recorded price. Not investment advice.

Financial Performance

Mar 2026

In the year ended Mar 2026, Garden Reach Shipbuilders & Engineers Ltd (GRSE) reported revenue of ₹7,002 crore, net profit of ₹748 crore and earnings per share of ₹65.29. That compares with revenue of ₹5,076 crore and net profit of ₹527 crore in Mar 2025. Figures are standalone, as filed with the exchanges.

In the quarter ended Mar 2026, revenue was ₹2,119 crore and net profit ₹303 crore (standalone).

Standalone annual results for Garden Reach Shipbuilders & Engineers Ltd (GRSE), Mar 2022 to Mar 2026. Revenue and net profit in ₹ crore; EPS in ₹ per share.
MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue (₹ cr)1,7542,5613,5935,0767,002
Net profit (₹ cr)190228357527748
EPS (₹)16.5519.9131.1946.0465.29
Compound annual growth for Garden Reach Shipbuilders & Engineers Ltd (GRSE). Stock price CAGR is price return and excludes dividends.
Measure10Y5Y3Y1Y
Sales growth13.21%28.78%42.49%41.28%
Profit growth14.01%26.40%40.66%47.62%

Ownership Summary

Jun 2026

As of Jun 2026, promoters hold 74.5% of Garden Reach Shipbuilders & Engineers Ltd (GRSE) (unchanged from the previous quarter), foreign institutional investors (FII) hold 3.22% and domestic institutional investors (DII) hold 1.94%. Market capitalisation was ₹30,471 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2018.

QuarterPromoterPledgedFIIDIIPublic
Jun 202674.5%-3.22%1.94%25.5%
Mar 202674.5%-3.51%1.69%25.5%
Dec 202574.5%-2.96%1.64%25.5%
Sep 202574.5%-3.26%1.99%25.5%
Jun 202574.5%-5.33%1.82%25.5%
Mar 202574.5%-3.84%1.9%25.5%
Dec 202474.5%-3.7%1.87%25.5%
Sep 202474.5%-3.65%1.87%25.5%
Every quarter since Dec 2018 Filing data, not investment advice.