Flash Finance

Garden Reach Shipbuilders & Engineers LimitedGRSECorporate

Industrials Aerospace & Defense Latest results: Jun 2026 14 quarters of data
₹2,120.20
MCap ₹24,287 Cr · P/E 30.3
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹1,815 Cr
Sales · Jun 2026
+38.5% YoY
₹149 Cr
Operating Profit · Jun 2026
+33.2% YoY
8.2%
OPM % · Jun 2026
-3.5% YoY
₹173 Cr
Net Profit · Jun 2026
+44.0% YoY
₹15.09
EPS · Jun 2026
+43.9% YoY

📝 Garden Reach Shipbuilders & Engineers Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Garden Reach Shipbuilders & Engineers Limited reported revenue of ₹1,815 crore for the quarter ended June 2026 (Q1 FY27), up 38.5% from ₹1,310 crore in the same quarter last year, and down 14.4% sequentially over the March 2026 quarter.

Net profit rose 44.0% year-on-year to ₹173 crore, from ₹120 crore. Earnings per share (EPS) came in at ₹15.09.

Operating profit stood at ₹149 crore — an operating margin (OPM) of 8.2%, compared with 8.5% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Garden Reach Shipbuilders & Engineers Limited posted revenue of ₹7,002 crore, a growth of 37.9% over FY25, with a net profit of ₹748 crore (up 41.9% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹7,507 crore with a net profit of ₹801 crore.

Valuation snapshot

At the current price of ₹2,120.20, GRSE has a market capitalisation of ₹24,287 crore and a trailing P/E of about 30.3.

Within the Aerospace & Defense industry, it is the 6th-largest of the 30 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 74.50%, foreign institutional investors (FIIs) 3.17%, domestic institutional investors (DIIs) 2.00%, public shareholders 20.32% of Garden Reach Shipbuilders & Engineers Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹24,287 Cr
Current Price ?
₹2,120.2
P/E ?
30.33below ind
Industry P/E ?
67.70
P/B ?
9.25
P/S ?
3.24
P/FCF ?
-66.18
Enterprise Value ?
₹24,324 Cr
EV/EBITDA ?
29.23
PEG ?
0.61
Earnings Yield ?
3.2%
Dividend Yield ?
0.65%
Profitability & Returns
Sales (TTM) ?
₹7,507 Cr
OPM ?
11.1%
Profit after tax (TTM) ?
₹801 Cr
EPS (TTM) ?
₹69.91
ROCE ?
43.0%
ROE ?
30.5%
ROA ?
7.5%
Growth
Sales — latest qtr ?
₹1,815 Cr
PAT — latest qtr ?
₹173 Cr
YoY qtr sales growth ?
38.5%
YoY qtr profit growth ?
44.0%
Sales growth (3y) ?
40%
Sales growth (5y) ?
44%
Profit growth (3y) ?
50%
Profit growth (5y) ?
36%
Financial Health
Debt ?
₹37 Cr
Debt to Equity ?
0.01
Interest Coverage ?
43.9
Current Ratio ?
N/A
Ownership
Promoter holding ?
74.50%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
-17.9%
Return 6 months ?
-21.8%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 6017568989231,0161,0101,1531,2711,6421,3101,6771,8962,1191,815 +38.5% -14.4%
Operating Profit 2046494991566975221112156172355149 +33.2% -58.0%
Other Income 707172827674757211473696271100 +36.4% +40.2%
Interest 45213422164434 -37.3% +25.5%
Depreciation 1010101010101111101212121314 +12.5% +3.9%
Profit Before Tax 76102107119153115131134324167209218411232 +38.6% -43.7%
Net Profit 55778188112879898244120154171303173 +44.0% -43.0%
EPS 4.836.697.057.709.747.618.538.5721.3210.4913.4314.9126.4715.09 +43.9% -43.0%
OPM % 3.3% 6.1% 5.5% 5.3% 9.0% 5.5% 6.0% 5.9% 13.5% 8.5% 9.3% 9.1% 16.8% 8.2% -3.5% -51.2%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹5,076 Cr ₹7,002 Cr ₹7,507 Cr +37.9%
Operating Profit ₹421 Cr ₹795 Cr ₹832 Cr +88.8%
OPM % 8.29% 11.35% 11.09% +36.9%
NPM % 10.38% 10.68% 10.67% +2.9%
Other Income ₹335 Cr ₹275 Cr ₹302 Cr -17.9%
Depreciation ₹42 Cr ₹49 Cr ₹51 Cr +16.7%
Interest ₹9 Cr ₹17 Cr ₹15 Cr +88.9%
EBIT ₹379 Cr ₹746 Cr ₹782 Cr +96.8%
PBT ₹704 Cr ₹1,005 Cr ₹1,070 Cr +42.8%
Tax — — ₹59 Cr —
Net Profit ₹527 Cr ₹748 Cr ₹801 Cr +41.9%
EPS ₹46.03 ₹65.30 ₹69.90 +41.9%
Material Cost — — ₹1,372 Cr —
Employee Cost — — ₹101 Cr —
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 115115115115 +0.0%
Reserves 1,2991,5591,9652,512 +27.8%
Borrowings 312661037 +270.0%
Other Liabilities 9,0578,5248,2747,973 -3.6%
Total Liabilities 10,78310,26310,36210,636 +2.6%
Fixed Assets 508493515584 +13.4%
CWIP 6252816 -42.9%
Investments 234000 —
Other Assets 10,0369,7469,81910,036 +2.2%
Total Assets 10,78310,26310,36210,636 +2.6%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 1,450-70716-290 -1912.5%
Cash from Investing Activity -1,6661,056170527 +210.0%
Cash from Financing Activity 220-358-187-223 -19.3%
Net Cash Flow 4-9-113 +1400.0%
Free Cash Flow 1,408-755-51-367 -619.6%
CFO/OP 1,023%-248%45%-4% -108.9%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 7201964 +236.8%
Inventory Days 662648368306 -16.8%
Days Payable 266161119164 +37.8%
Cash Conversion Cycle 404507267205 -23.2%
Working Capital Days -546-276-169-81 +52.1%
ROCE % 20%27%37%43% +16.2%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 74.50%74.50%74.50%74.50%74.50% +0.0%
FIIs 5.33%3.26%2.96%3.51%3.17% -9.7%
DIIs 1.81%1.99%1.64%1.69%2.00% +18.3%
Public 18.36%20.25%20.90%20.32%20.32% +0.0%
No. of Shareholders 4,07,7074,25,9004,19,6484,07,5263,99,640 -1.9%

⚖️ Peer comparison

Industry: Aerospace & Defense · top 25 of 30 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 HAL Hindustan Aeronautics ₹4,905.00 328,034 35.2 33,785 9,321 29.6% 27.6% 6.8% 9.0% 14.4% 14.9%
2 BEL Bharat Electronics ₹404.35 295,571 48.1 28,689 6,147 28.6% 21.4% 15.9% 13.9% 25.6% 8.8%
3 MAZDOCK Mazagon Dock ₹2,339.00 94,351 33.0 13,323 2,854 19.3% 21.4% 13.8% 14.2% 12.1% 21.7%
4 BDL Bharat Dynamics ₹1,190.00 43,621 83.7 2,766 521 12.7% 18.8% -27.0% -23.6% 130.8% 547.4%
5 COCHINSHIP Cochin Shipyard ₹1,381.00 36,331 53.4 5,047 680 15.1% 13.5% 4.2% -13.4% 2.4% -19.4%
6 GRSE Garden Reach ₹2,394.90 27,434 34.3 7,507 801 11.1% 10.7% 37.9% 41.9% 38.5% 44.0%
7 DATAPATTNS Data Patterns ₹4,829.00 27,035 100.9 941 267 39.6% 28.4% 30.5% 22.4% 17.2% -15.2%
8 SIGMAADV SIGMA ADVANCED ₹965.50 18,338 233.8 194 73 22.5% 37.6% — — — -93.0%
9 ASTRAMICRO Astra Microwave ₹1,688.50 16,031 84.8 1,139 189 28.5% 16.6% 10.5% 26.1% -11.5% -24.1%
10 APOLLO Apollo Micro ₹413.85 15,379 121.0 1,022 115 22.6% 11.3% 60.8% 90.9% 88.1% 42.6%
11 ZENTEC Zen Technologies ₹1,679.80 15,109 55.9 829 250 34.4% 30.1% -47.9% -44.0% -10.5% -40.0%
12 AEQUS Aequs ₹226.75 14,849 — 1,371 -171 5.6% -12.5% — — 54.5% -1430.7%
13 SWANDEF SWAN DEFENCE ₹2,734.00 14,403 41.2 341 350 -90.2% 102.4% 3886.9% -48.6% 72.1% 2932.2%
14 PARAS Paras Defence ₹1,307.30 10,535 104.4 511 96 25.5% 18.8% 30.7% 45.5% 37.3% 45.3%
15 UNIMECH Unimech Aerospace ₹1,779.80 9,060 125.7 285 72 33.1% 25.2% -0.5% -24.7% 70.8% 46.7%
16 AXISCADES AXISCADES Technologies ₹1,817.70 7,731 151.0 1,262 51 10.9% 4.1% 12.4% -4.3% 42.2% —
17 MIDHANI Mishra Dhatu ₹403.90 7,567 56.1 1,278 135 18.8% 10.6% 12.6% 18.7% 40.5% 28.6%
18 CYIENTDLM Cyient DLM ₹900.90 7,150 85.2 1,439 84 10.0% 5.8% -17.0% 7.7% 26.5% 5.8%
19 CENTUM Centum Electronics ₹4,276.10 6,303 76.3 1,072 83 11.4% 7.7% -1.2% -852.0% -25.3% 2257.0%
20 ROSSTECH Rossell Techsys ₹1,549.80 5,864 227.2 552 26 12.9% 4.7% 86.8% 175.3% 77.1% 116.5%
21 AVANTEL Avantel ₹156.19 4,150 251.9 241 17 22.7% 7.1% -10.5% -73.4% 35.7% 67.2%
22 IDEAFORGE Ideaforge Technology ₹761.60 3,786 n/m 283 3 9.3% 1.2% 41.0% 71.4% 427.6% 89.2%
23 JAYKAY Jaykay Enterprises ₹188.76 2,459 12.9 259 200 10.7% 77.2% 129.1% 2867.2% 14536.6% —
24 543920 CFF Fluid ₹778.35 2,150 41.6 209 39 28.2% 18.7% — — 59.1% 100.0%
25 523606 Sika Interplant ₹1,113.70 2,002 68.1 186 35 22.0% 18.6% 43.1% 38.2% -37.0% -18.8%
❓ Frequently asked questions
What was Garden Reach Shipbuilders & Engineers Limited's revenue in Q1 FY27?
Garden Reach Shipbuilders & Engineers Limited reported revenue of ₹1,815 crore for the quarter ended June 2026 (Q1 FY27), up 38.5% from ₹1,310 crore in the same quarter last year, and down 14.4% sequentially over the March 2026 quarter.
What was Garden Reach Shipbuilders & Engineers Limited's net profit in Q1 FY27?
Net profit rose 44.0% year-on-year to ₹173 crore, from ₹120 crore. Earnings per share (EPS) came in at ₹15.09.
What is GRSE's market capitalisation and P/E ratio?
At the current price of ₹2,120.20, GRSE has a market capitalisation of ₹24,287 crore and a trailing P/E of about 30.3.
Who owns Garden Reach Shipbuilders & Engineers Limited? (shareholding pattern)
As of Sep 2026, promoters held 74.50%, foreign institutional investors (FIIs) 3.17%, domestic institutional investors (DIIs) 2.00%, public shareholders 20.32% of Garden Reach Shipbuilders & Engineers Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI