2,198.10
+2.92%
Close of 9 Nov 2026, in INR
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About Garden Reach Shipbuilders & Engineers
Its shares trade on NSE under the ticker GRSE.NS. It has been listed since 10 October 2018. In the fiscal year to 31 March 2026, it reported revenue of ₹70.02bn and net income of ₹7.48bn. At that date it held total assets of ₹106.36bn and shareholders' equity of ₹26.26bn.
Garden Reach Shipbuilders & Engineers Ltd. engages in shipbuilding business. The company is headquartered in Kolkata, West Bengal. The company went IPO on 2018-10-10. The firm is primarily engaged in shipbuilding activities for Indian Navy and the Indian Coast Guard. The company is also engaged in construction of commercial vessels and engineering & engine production activities. The company operates through three divisions: shipbuilding, engineering and engine. The Shipbuilding division is engaged in the construction of warships / vessels for clients mainly in the defense sector. The Engineering division is engaged in manufacturing deck-machinery items, prefabricated portable steel bridges and marine pumps. The engine division is involved in assembly/testing/ overhauling of motor (engine) and turbine union (MTU) diesel engines. The company also supplies various boats, pontoons, barges, sailing dinghy, fishing trawler, fire float, dredger, passenger ferry, motor cutter, deck whaler, launch etc. to various other customers. Its shipbuilding unit is located at Rajabagan Dockyard, India.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Listed since
- 10 Oct 2018
- Employees
- 1,748
- Website
- grse.in ↗
Leadership
Pay as last reported
- Comdr. (Retd.) Hari R.Chairman of the Board, Managing Director, since 2019₹7.8m
- Shri. Niranjan BhaleraoChief Financial Officer, Director (Finance)
- Mr. Sandeep MahapatraCompany Secretary, Compliance Officer₹4.3m
- Mr. Vinith AeratChief General Manager - B&TD, CC & NPD
- Lt. Col. (Retd.) Sanjay AnandGeneral Manager - Security, Fire & OL
- Shri. Sujoy ChakravortyChief General Manager - Commercial, since 2025
- Mr. Indrajit DasguptaChief General Manager (SR&TU)
- Smt. Aparajita GhoshGeneral Manager (Finance)
- Mr. Satish JhaGeneral Manager - RBD Unit
- Mr. Gautam KarmakarGeneral Manager - FOJ
- Mr. Harish KumarGeneral Manager, Regional Office, Delhi
- Mr. Rajat ManchandaChief General Manager - Planning SVL & ASW SWC, since 2025
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 29
- Environment
- 24
- Social
- 49
- Governance
- 14
- Women in the workforce
- 5.2%
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Garden Reach Shipbuilders & Engineers Ltd. operates shipbuilding activities for the Indian Navy and Indian Coast Guard.
- The company's shipbuilding division constructs warships and vessels primarily for defense sector clients.
- GRSE.NS is listed on the Indian stock market with an IPO date of October 2018.
Weaknesses
- The company's shipbuilding unit is located at Rajabagan Dockyard, India, limiting geographic expansion.
- GRSE's operations are concentrated in the defense sector, with no mention of commercial sector diversification.
- The company has only three divisions: shipbuilding, engineering, and engine, indicating limited business scope.
Opportunities
- The company can expand its commercial vessel construction activities beyond current offerings like barges and ferries.
- GRSE may leverage its engineering division to supply deck-machinery items to international markets.
- The engine division's assembly/testing/overhauling services for MTU diesel engines present potential for growth.
Threats
- The company's reliance on the Indian defense sector exposes it to government budget constraints.
- Competition from other shipbuilders in the Indian market could impact GRSE's market share.
- The shipbuilding unit's location at Rajabagan Dockyard may face infrastructure limitations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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