Garden Reach Shipbuilders & Engineers Ltd

GRSE
NSE· Capital Goods
2,610.70
-36.80 (-1.39%)
52W Low · ₹2,052.0052W High · ₹3,339.00
Mid Range
Market Cap
₹30455.94L Cr
Volume
3.32L
Prev Close
₹2,565.80
ISIN
INE382Z01011

Orion Score

Fundamentals-based quality & risk · not a recommendation

40/100
Caution

Raw blend 75 capped to 40 by a red flag.

Why this is capped

Raw blend 75 → capped to 40

  • Profit not converting to cash (CFO 0.1x PAT) — cash-trap risk
  • Aggressive accruals not backed by cash (Beneish M 0.4, weak CFO/PAT)
Quality
73
Growth
94
Safety
92
Value
32

Garden Reach Shipbuilders & Engineers Ltd scores 40/100 (Caution) on the Orion Score — strong business quality (73), strong growth (94), strong balance-sheet safety (92) and rich valuation (32). A fundamentals-based quality & risk score, not a buy/sell recommendation.

Full Orion analysis

Risk checks

  • Profit not converting to cash (CFO 0.1x PAT) — cash-trap risk
  • Aggressive accruals not backed by cash (Beneish M 0.4, weak CFO/PAT)

Forensic accounting

Piotroski F 4/9Altman Z Safe(4.66)Beneish M Elevated(0.38)

Piotroski F = fundamental health (0–9, higher is better) · Altman Z = bankruptcy / distress risk · Beneish M = earnings-manipulation check

Technical / Momentum

Price Trend

77/100

Strong

Technical momentum companion — separate from the fundamentals-based Orion Score.

Unlock with Pro

Upgrade →

VestAI Stock Score

VALUATION
Low Debt
D/E 0.01x — lean balance sheet
QUALITY
Average
ROCE 18.9% — decent returns
MOMENTUM
Neutral
RSI 49.8 — consolidating

Price Chart

SMA 20
SMA 50
SMA 200

Key Fundamentals

Q3 FY2026

P/E Ratio
44.25
ROCE
18.91%
ROE (1Y)
31.79%
D/E Ratio
0.01x
OPM
8.42%
TTM EPS
₹60.09
Dividend Yield
101.00%
Qtrly Sales
₹1,895.69 Cr
Qtrly Profit
₹170.77 Cr

Technical Signals

Quarterly Results

Revenue & Profit in ₹ Crores

Revenue Net Profit
QuarterRevenueNet ProfitOPMEPS
Q3 2026₹1,895.69₹170.778.4%₹14.91
Q1 2026₹1,309.87₹120.187.7%₹10.49
Q4 2025₹1,637.33₹244.2515.2%
Q3 2025₹1,271.01₹98.195.0%₹8.57
Q2 2025₹1,152.92₹97.775.0%₹8.54

Annual P&L

Revenue & Profit in ₹ Crores (Yearly)

Revenue Net Profit
YearRevenueNet ProfitEBITDAOPM
FY 2025₹5,070.98₹527.4₹756.18.2%
FY 2024₹3,588.46₹357.27₹533.745.9%
FY 2023₹2,547.84₹228.12₹350.865.0%
FY 2022₹1,745.28₹189.53₹294.976.4%

Peer Comparison — Capital Goods

Top companies in the same sector by market cap

CompanyMkt CapP/EROCEROED/EOPM
GRSE₹30,456 Cr44.2518.91%31.79%0.01x8.42%
BEL₹2,96,046 Cr48.8029.65%27.56%0.00x27.47%
BHEL₹1,45,306 Cr58.453.65%6.29%0.31x5.48%
APARINDS₹55,798 Cr57.1728.67%19.74%0.18x10.84%
COCHINSHIP₹36,631 Cr51.2910.41%12.52%0.28x18.71%
BEML₹14,269 Cr101.015.20%4.86%0.11x13.88%

Balance Sheet

All values in ₹ Crores

MetricFY 2025FY 2024FY 2023FY 2022
Total Assets₹10,354.23₹10,251.91₹10,775.93₹7,631.99
Equity₹2,079.26₹1,673.44₹1,413.82₹1,257.89
Total Debt₹9.67₹65.67₹312.11₹11.2
Cash₹3.88₹5.27₹13.99₹9.71
Net Debt₹50.31₹287.19
Working Capital₹1,374.94₹989.43₹724.97₹-429.96

Shareholding Pattern

Q1 FY2027

Promoter
74.5%
FII
2.13%
DII
1.74%
Public
21.63%

Quarter-over-Quarter Trend

QuarterPromoterFIIDIIPublic
Q1 FY202774.5%2.13% ↓1.74% ↑21.63% ↑
Q3 FY202674.5%2.96% ↓1.64% ↓20.9% ↑
Q2 FY202674.5%3.26% ↓1.99% ↑20.25% ↑
Q1 FY202674.5%5.33% ↑1.81% ↓18.36% ↓
Q4 FY202574.5%3.85% ↑1.9% ↑19.76% ↓
Q3 FY202574.5%3.71% ↑1.87%19.92% ↓
Q2 FY202574.5%3.65% ↓1.87% ↓19.98% ↑
Q1 FY202574.5%3.91%3.2%18.38%

Corporate Actions

Ex-DateActionDetails
2026-02-03
DIVIDEND
Interim Dividend - Rs 7.15 Per Share

Funds Holding This Stock

46 mutual fund schemes

Analyse GRSE with Orion AI

Ask: "Is Garden Reach Shipbuilders & Engineers Ltd stock a good buy right now?" — Get RSI, MACD, ROCE + AI recommendation

Analyse with Orion

Want more insights like this?

Get free stock analysis, market insights, and investment ideas delivered to your inbox.

No spam. Unsubscribe anytime.

About Garden Reach Shipbuilders & Engineers Ltd (GRSE) Stock

Garden Reach Shipbuilders & Engineers Ltd is listed on the NSE under the Capital Goods sector, Aerospace & Defense industry. ISIN: INE382Z01011. Track live share price, technical analysis, RSI, MACD, PE ratio, and smart money holdings on VestAI — India's AI-powered stock analysis platform.