Garden Reach Shipbuilders & Engineers Ltd.
1,955.80
INR
-68.30
(-3.37%)
ISIN
INE382Z01011
Return %
Stock
S&P 500
1Y
-25.98
14.20
3Y
157.95
81.12
5Y
771.76
68.34
Capital Structure
INR
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in mil. unless spec.Working Capital
INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
INR
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in mil. unless spec.Quarterly Dividends Per Share
INR
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in mil. unless spec.Company Description
- CEO
- Hari P. Rukminiamma
- Full Time Employees
- 1,595
- Sector
- Producer manufacturing
- Industry
- Trucks/Construction/Farm machinery
- Address
- GRSE Bhavan Kolkata WB India 700024
- IPO Date
- Oct 9, 2018
- Website
- grse.in
- Similar Companies
- Business
- Garden Reach Shipbuilders & Engineers Limited (GRSE.NS) is an India-based warship builder under the administrative control of the Ministry of Defence that designs, constructs and repairs naval and commercial vessels for the Indian Navy, Indian Coast Guard and international clients; offers frigates such as P17A Advanced Frigates and Nilgiri-class, anti-submarine warfare corvettes including Kamorta-class and Next Generation Corvettes, missile corvettes, offshore patrol vessels such as Next Generation Offshore Patrol Vessels, survey vessels including Sandhayak-class and Survey Vessel Large, landing ship tanks, fleet tankers, fast patrol vessels, fast interceptor boats, water jet fast attack crafts, anti-submarine warfare shallow water crafts; provides autonomous underwater vehicles such as Neerakshi, unmanned surface and aerial vessels, naval surface guns including 30 mm NSG autocannon; manufactures engineering products comprising prefabricated steel bridges including portable assault bridges, deck machinery such as anchor windlass, capstans, davits, winches and rail-less helicopter traversing systems; engages in assembly, testing, overhauling of MTU diesel engines and production of diesel alternators at its Ranchi facility; and delivers commercial platforms like oceanographic research vessels, acoustic research ships, multi-purpose vessels, hybrid multi-purpose vessels, ocean-going tugs, dredgers, patrol boats, electric ferries and bulk carriers. The company, founded in 1884 and headquartered at GRSE Bhavan, 61 Garden Reach Road, Kolkata, West Bengal, operates shipbuilding facilities in Kolkata with dry docks, wet basins, slipways and jetties capable of handling vessels up to 26,000 DWT alongside an engine division in Ranchi; serves defence and commercial sectors with exports to Mauritius, Bangladesh, Germany and others; and holds Miniratna Category-I public sector undertaking status since 2006. GRSE recently signed a contract in July 2024 with the National Centre for Polar and Ocean Research for an advanced Ocean Research Vessel, secured a September 2025 €62.44 million order from Germany's Carsten Rehder for four hybrid multi-purpose vessels with battery-assisted propulsion and options for two more, inked a January 2024 license agreement with Rolls-Royce for MTU Series 4000 marine engines localisation, delivered multi-purpose vessels under a prior $108 million deal including contracts in 2024-2025 for eight 7,500 DWT units, won June 2025 contracts for two Coastal Research Vessels from the Geological Survey of India and a MoU with Kongsberg for India's first Polar Research Vessel, received a July 2024 $21 million advanced ocean-going tug order from Bangladesh Navy alongside patrol boats and a dredger, signed a June 2025 MoU with Andhra Pradesh Maritime Board, commenced construction on 26 commercial vessels including nine for export as of September 2025, completed sea trials for the indigenous 30 mm Naval Surface Gun in May 2025 with further procurement cleared in October 2025, and holds orders for 13 warships including ASW shallow water crafts, frigates, patrol vessels and survey ships.