Garden Reach Shipbuilders & Engineers Limited

Capital Goods · Aerospace & Defense

NSE: GRSE BSE: 542011

₹2110.40

Oct. 5, 2026 · NSE · nse_bhavcopy

Peers in Aerospace & Defense

The largest companies in the same industry by market cap. This company ranks #4 of 26. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Hindustan Aeronautics Limited	312,987	33.7	22.2%	-3.4%	—	90	12	31
Bharat Electronics Limited	281,317	46.0	25.3%	-6.9%	—	96	0	13
Bharat Dynamics Limited	40,183	77.1	11.3%	-29.7%	—	87	0	11
Garden Reach Shipbuilders & Engineers Limited (this stock)	24,175	30.2	26.2%	-23.1%	0.93%	80	38	8
Data Patterns (India) Limited	23,662	88.3	15.6%	48.7%	0.24%	69	0	30
SIGMA ADVANCED SYSTEMS LIMITED	19,926	357.8	56.4%	652.8%	—	84	0	92
Aequs Limited	19,080	—	—	—	—	74	0	92
Astra Microwave Products Limited	15,682	89.8	14.7%	47.5%	0.15%	65	0	66

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹24,158 Cr

EV / EBITDA

21.3x

EV / Sales

3.22x

Market cap / Sales

3.22x

Earnings yield

3.31%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 1,914 Cr, up 38.5% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	1,815	232	173	₹15.0900
March 31, 2026	2,119	411	303	₹26.4700
Dec. 31, 2025	1,896	218	171	₹14.9100
Sept. 30, 2025	1,677	209	154	₹13.4300
June 30, 2025	1,310	167	120	₹10.4900
March 31, 2025	1,642	324	244	₹21.3200
Dec. 31, 2024	1,271	134	98	₹8.5700
Sept. 30, 2024	1,153	131	98	₹8.5400
June 30, 2024	1,010	115	87	₹7.6120
March 31, 2024	1,016	153	112	₹9.7400
Dec. 31, 2023	923	119	88	₹7.7000
Sept. 30, 2023	898	107	81	₹7.0480
June 30, 2023	756	102	77	₹6.6900

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	1,914	2,190	1,958	1,746	1,382	1,756	1,343	1,228	1,084	1,092	1,005	969	827
Operating revenue	1,815	2,119	1,896	1,677	1,310	1,642	1,271	1,153	1,010	1,016	923	898	756
Other income	100	71	62	69	73	114	72	75	74	76	82	72	71
Operating expenses	1,665	1,764	1,724	1,521	1,198	1,421	1,196	1,084	953	925	874	849	710
Operating profit	149	355	172	156	112	221	75	69	56	91	49	49	46
Operating profit margin	8.2%	16.8%	9.1%	9.3%	8.5%	13.5%	5.9%	6.0%	5.6%	8.9%	5.3%	5.4%	6.1%
Depreciation	14	13	12	12	12	10	11	11	10	10	10	10	10
Interest	4	3	4	4	6	1	2	2	4	3	1	2	5
Exceptional items, gain / (loss)	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit before tax	232	411	218	209	167	324	134	131	115	153	119	107	102
Tax	59	108	47	56	47	79	36	33	28	41	30	27	25
Net profit	—	—	171	154	120	244	98	98	87	112	88	81	77
EPS	15.09	26.47	14.91	13.43	10.49	21.32	8.57	8.54	7.61	9.74	7.70	7.05	6.69
Net profit (TTM)	—	—	689	616	560	527	395	385	368	357	301	277	255
EPS (TTM)	69.90	65.30	60.15	53.81	48.92	46.04	34.46	33.59	32.10	31.18	26.27	24.15	—

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	7,002	1,005	748
March 31, 2025	5,076	703	527

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
Total income (before exceptional items)	38.1%	40.5%	7,277^†	5,411^†	3,892^†	2,764^†	1,918^†	1,328^†	1,659^†
Operating revenue	39.8%	43.7%	7,002	5,076	3,593^†	2,562^†	1,758^†	1,141^†	1,433^†
Other income	—	—	274^†	335^†	300^†	202^†	160^†	188^†	226^†
Operating expenses	—	—	6,207^†	4,654^†	3,359^†	2,413^†	1,616^†	1,069^†	1,392^†
Operating profit	74.8%	61.6%	795^†	421^†	234^†	149^†	142^†	72^†	41^†
Operating profit margin	—	—	11.4%^†	8.3%^†	6.5%^†	5.8%^†	8.1%^†	6.3%^†	2.9%^†
Depreciation	—	—	49^†	42^†	41^†	39^†	36^†	29^†	30^†
Interest	—	—	16^†	10^†	11^†	6^†	1^†	3^†	2^†
Exceptional items, gain / (loss)	—	—	0^†	0^†	0^†	0^†	-8^†	-21^†	-11^†
Profit before tax	48.8%	37.1%	1,005	703	481^†	305^†	257^†	207^†	224^†
Tax	—	—	257^†	176^†	124^†	77^†	68^†	54^†	60^†
Net profit	48.6%	37.3%	748	527	357^†	228^†	190^†	153^†	163^†
EPS	—	37.3%	65.30^†	46.04^†	31.18^†	—	16.54^†	13.39^†	14.27^†

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
Operating margin	11.4%^†	8.3%^†	6.5%^†	5.8%^†	8.1%^†	6.3%^†	2.9%^†
EBIT margin	14.6%^†	14.1%^†	13.7%^†	12.2%^†	14.7%^†	18.4%^†	15.8%^†
PBT margin	14.3%	13.9%	13.4%^†	11.9%^†	14.6%^†	18.2%^†	15.6%^†
Net margin	10.7%	10.4%	9.9%^†	8.9%^†	10.8%^†	13.5%^†	11.4%^†
Interest coverage	63.34x^†	69.13x^†	42.86x^†	48.10x^†	222.42x^†	77.68x^†	110.83x^†
Dividend payout	27.3%^†	22.6%^†	27.6%^†	—	36.9%^†	39.2%^†	76.0%^†
Earnings retention	72.7%^†	77.4%^†	72.4%^†	—	63.1%^†	60.8%^†	24.0%^†
Current ratio	1.23x	1.17x	—	—	—	—	—
Quick ratio	0.80x	0.73x	—	—	—	—	—
Debt to equity	0.00x	0.00x	—	—	—	—	—
Return on equity	28.5%	25.4%	—	—	—	—	—
Return on assets	7.0%	5.1%	—	—	—	—	—
Return on capital employed	36.8%^†	32.4%^†	—	—	—	—	—
Asset turnover	0.66x	0.49x	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	-290	527	-223	77	-367
March 31, 2025	16	170	-187	67	-51

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	10,636	2,626	2,512	0	0	9,697	7,859	17	557	3,402
March 31, 2025	10,354	2,079	1,965	0	0	9,524	8,149	4	499	3,552

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.