Capital Goods · Aerospace & Defense
Garden Reach Shipbuilders & Engineers Ltd, abbreviated as GRSE, is an Indian defence shipyard based in Kolkata, West Bengal. It builds and repairs commercial and naval vessels and exports ships constructed at its shipyards. Originally established in 1884 as a small river steam workshop on the eastern bank of the Hooghly River to repair local river craft, it was renamed Garden Reach Workshop in 1916 and incorporated as a limited company in 1934. The enterprise was officially nationalised and taken over by the Government of India on 22 April 1960, which serves as the company's official Foundation Day. The company was subsequently renamed Garden Reach Shipbuilders & Engineers Ltd in December 1977 to reflect its broader multi-faceted heavy engineering and shipbuilding scope. GRSE was awarded Miniratna Category I public sector undertaking status in September 2006. It holds the distinction of being the first Indian shipyard to build 100 warships. On 19 June 2026, GRSE was granted prestigious Navratna status by the Government of India, becoming the 29th Central Public Sector Enterprise to achieve the designation. As of 2026, GRSE has delivered more than 800 platforms, including 118 warships, and has the capability to construct 28 platforms concurrently. Ongoing shipyard modernisation projects are designed to scale its concurrent shipbuilding capacity up to 32 platforms.
Source: Wikipedia
| Fiscal year | Mar 26 | Mar 25 | Mar 24 | Mar 23 | Mar 22 |
|---|---|---|---|---|---|
| Total income (before exceptional items) | 7,277† | 5,411† | 3,892† | 2,764† | 1,918† |
| Net profit | 748 | 527 | 357† | 228† | 190† |
₹ Crore. † Summed from the four quarterly filings of that fiscal year.
Current board roster from exchange filings. Director remuneration is not in our data, so it isn't shown.
| Name | Designation | Term end |
|---|---|---|
| HARI P R | Executive Director | June 30, 2026 |
| NIRANJAN MUKUND BHALERAO | Executive Director | June 30, 2026 |
| SHANTANU BOSE | Executive Director | June 30, 2026 |
| SUNILKUMAR PANANGADAN | Executive Director | June 30, 2026 |
| KAMLESHBHAI SHASHIKANTBHAI MIRANI | Independent Director | June 30, 2026 |
| Vijay Namdeorao Zade | Non-Executive Director,Nominee Director | June 30, 2026 |
Key management names, their remuneration, subsidiaries and brand listings are not in the exchange filings we ingest yet, so they are not shown here rather than estimated.
