Garden Reach Shipbuilders & Engineers Ltd

542011

Summary

Fair Value Assessment
Overvalued (17% Premium)
Fair ValueQ1,109.20UncertaintyHigh
Close Price1,308.05Feb 27, 2025
1,270.20
Price Down by 37.85 | 2.89 %
Previous Close
1,308.05
Day Range
1,264.40 – 1,305.15
Year Range
674.25 – 2,834.60
Bid / Ask
1,269.15 × 1271.3
Market Cap
145.9 Bil
Volume / Average
6.5 k / 66.1 k
Beta (5-Year)
0.77
Shares Outstanding
114.55 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
Garden Reach Shipbuilders & Engineers Ltd is an India based shipbuilding company. It is mainly engaged in the engineering and engine production activities. The company offers products and services in three verticals including shipbuilding, engineering, and, engine production. Its product portfolio includes deck machinery items, pumps, portable steel bridges, boat davits, anchors, mooring and dock capstans, and engines.
Contact
61, Garden Reach Road GRSE Bhavan, Kolkata, WB 700 024
T +91 3324698105
www.grse.in opens in a new tab
Sector
Industrials
Industry
Aerospace & Defense
Most Recent Earnings
Dec 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
1,645

Key Metrics

Income Statement (in Bil, except ratios)
12/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
44.45 35.88 25.48 17.48 11.33 14.25
Revenue Growth %
40.46% 40.84% 45.98% 54.34% -20.49% 3.33%
Gross Profit
9.17 8.11 6.17 5.49 5.20 5.32
Gross Profit Margin %
20.62% 22.59% 24.21% 31.41% 45.88% 37.34%
Operating Income
2.67 2.11 1.27 1.12 0.61 0.17
Operating Margin %
6.00% 5.89% 4.97% 6.42% 5.42% 1.18%
EBIT
2.73 2.21 1.33 1.28 0.57 0.21
EBIT Margin %
6.15% 6.16% 5.23% 7.31% 5.03% 1.49%
EBITDA
3.16 2.62 1.73 1.64 0.86 0.51
EBITDA Margin %
7.12% 7.31% 6.77% 9.39% 7.60% 3.60%
Net Income
3.95 3.57 2.28 1.90 1.53 1.63
Net Profit Margin %
8.88% 9.96% 8.95% 10.84% 13.55% 11.47%
Basic EPS
34.46 31.19 19.91 16.55 13.40 14.27
Diluted EPS
34.46 31.19 19.91 16.55 13.40 14.27
Normalized EPS
34.41 31.15 20.13 17.91 13.97 13.14
Total Dividends per Share
9.36 8.62 6.35 6.10 5.25 10.84
Balance Sheet (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Total Assets
100.59 102.52 107.76 76.36 67.83 53.84
Total Liabilities
82.16 85.78 93.62 63.78 56.46 43.44
Total Debt
0.10 0.66 3.12 0.11 0.04 0.05
Total Equity
18.42 16.73 14.14 12.58 11.37 10.40
Cash And Cash Equivalents
0.07 0.05 0.14 0.10 0.09 7.29
Working Capital
11.63 9.89 6.54 -4.30 -0.71 5.61
Shares Outstanding (Bil)
0.11 0.11 0.11
Book Value Per Share
146.09 123.42 109.81 99.27 90.81
Total Debt To Equity
0.01 0.04 0.22 0.01 0.00 0.00
Cash Flow Statement (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
-9.45 -7.07 14.50 -3.56 5.17 6.28
Cash From Investing Activities
10.64 10.56 -16.66 4.28 -11.73 2.45
Cash From Financing Activities
-1.20 -3.58 2.20 -0.72 -0.64 -1.53
Capital Expenditures
0.48 0.42 0.55 1.64 0.67
Free Cash Flow
0.73 0.41 0.30 -1.30 0.97
Change in Cash
-0.01 -0.09 0.04 -7.20 7.20

Profile

Name (Age)
5-Year Trend
2021
2022
2023
2024
2025
Ramesh Kumar Dash (—) Executive Director, Finance and Chief Financial Officer
Vipin Kumar Saxena (—) Executive Chairman of the Board and Managing Director
Total Compensation for all Key Executives
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership

Name
% Total
Shares Held
% Total
Assets
Trend
Prev. 8 Qtrs
Change Amount
Change %
Date
HDFC Balanced Adv Gr 1.05 0.21 1,200,000
Jan 31, 2025
Motilal Oswal Nifty IND Dfnc Idx Dir Gr Not Rated 0.36 2.82 413,704
17,049
4.30%
Jan 31, 2025
Vanguard Total Intl Stock Index Inv 0.35 0.00 402,383
Jan 31, 2025
Vanguard Emerging Mkts Stock Idx Inv 0.33 0.01 381,421
Jan 31, 2025
iShares Core MSCI Emerging Markets ETF 0.24 0.01 270,726
Jan 31, 2025
Total (for Top 5) 2.33 2,668,234
17,049

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