Garden Reach Shipbuilders & Engineers Limited
Garden Reach Shipbuilders & Engineers Limited engages in the design and construction of war ships in India. The company offers frigates, anti-submarine warfare corvette, missile corvette, landing ship tank, landing craft utility, survey vessel, fleet replenishment tanker, fast patrol vessel, offshore patrol vessel, inshore patrol vessel, water jet fast attack craft, anti-submarine warfare shallow water craft, electric ferries, ocean going passenger and cargo ferry vessel, hovercraft, and fast interceptor boat products to the Indian Navy, Indian Coast Guard, and other government. It also provides unmanned surface vessels, autonomous underwater vessels, ship-based drones, and green platforms and naval surface guns. In addition, the company offers portable bridges; and deck machinery equipment, such as anchor capstans and windlass, mooring and dock capstans, general-purpose and ammunition davits, electric boats and electro-hydraulic drive deck machinery products, survey vessels, hydrographic and oceanographic surveys, helicopter traversing systems, and dock capstans and winches. Further, it engages in the assembling, overhauling, and testing of marine diesel engines, as well as provides dry docking and afloat maintenance, refit, and repair services for defense and commercial ships. The company was founded in 1884 and is based in Kolkata, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockRule-based from financial data. Not advice.
Historically, Apr has averaged the highest return (+23.8%); Feb the lowest (-15.0%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +13.1%Positive MonthJan 2026: +13.14% | -12.0%Negative MonthFeb 2026: -12.04% | -19.0%Negative MonthMar 2026: -18.99% | +48.9%Positive MonthApr 2026: +48.90% | -9.6%Negative MonthMay 2026: -9.61% | +2.8%Positive MonthJun 2026: +2.79% | -4.2%*Negative MonthJul 2026: -4.16% | β | β | β | β | β |
| 2025 | +0.4%Neutral MonthJan 2025: +0.44% | -22.7%Negative MonthFeb 2025: -22.68% | +34.1%Positive MonthMar 2025: +34.08% | +13.8%Positive MonthApr 2025: +13.78% | +56.9%Positive MonthMay 2025: +56.87% | +0.3%Neutral MonthJun 2025: +0.32% | -13.4%Negative MonthJul 2025: -13.36% | -9.9%Negative MonthAug 2025: -9.91% | +7.5%Positive MonthSep 2025: +7.47% | +1.0%Neutral MonthOct 2025: +1.01% | +9.3%Positive MonthNov 2025: +9.29% | -12.5%Negative MonthDec 2025: -12.48% |
| 2024 | +6.5%Positive MonthJan 2024: +6.52% | -12.6%Negative MonthFeb 2024: -12.63% | -5.9%Negative MonthMar 2024: -5.94% | +29.4%Positive MonthApr 2024: +29.38% | +38.3%Positive MonthMay 2024: +38.33% | +53.3%Positive MonthJun 2024: +53.33% | +14.6%Positive MonthJul 2024: +14.63% | -24.6%Negative MonthAug 2024: -24.63% | -5.0%Negative MonthSep 2024: -5.00% | -6.4%Negative MonthOct 2024: -6.35% | +4.0%Positive MonthNov 2024: +4.00% | -3.6%Negative MonthDec 2024: -3.61% |
| 2023 | +3.7%Positive MonthJan 2023: +3.69% | -18.0%Negative MonthFeb 2023: -17.99% | +10.6%Positive MonthMar 2023: +10.59% | +1.4%Neutral MonthApr 2023: +1.38% | -1.6%Neutral MonthMay 2023: -1.59% | +26.6%Positive MonthJun 2023: +26.62% | +7.8%Positive MonthJul 2023: +7.82% | +31.8%Positive MonthAug 2023: +31.76% | +2.9%Positive MonthSep 2023: +2.89% | -11.7%Negative MonthOct 2023: -11.73% | +14.0%Positive MonthNov 2023: +14.04% | +3.2%Positive MonthDec 2023: +3.24% |
| 2022 | +8.2%Positive MonthJan 2022: +8.16% | -9.5%Negative MonthFeb 2022: -9.49% | +3.7%Positive MonthMar 2022: +3.66% | +25.6%Positive MonthApr 2022: +25.58% | -8.8%Negative MonthMay 2022: -8.83% | -13.5%Negative MonthJun 2022: -13.47% | +14.8%Positive MonthJul 2022: +14.85% | +16.4%Positive MonthAug 2022: +16.44% | +16.4%Positive MonthSep 2022: +16.41% | +28.1%Positive MonthOct 2022: +28.14% | +14.2%Positive MonthNov 2022: +14.21% | -5.2%Negative MonthDec 2022: -5.20% |
| 2021 | β | β | β | β | β | +11.8%Positive MonthJun 2021: +11.78% | -3.0%Negative MonthJul 2021: -2.97% | -4.4%Negative MonthAug 2021: -4.38% | +2.5%Positive MonthSep 2021: +2.46% | +13.3%Positive MonthOct 2021: +13.31% | +0.5%Neutral MonthNov 2021: +0.50% | +1.2%Neutral MonthDec 2021: +1.23% |
| AvgΒ±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position β all Januaries together, all Februaries together, and so on β to show whether a given month has leaned positive or negative historically. βSimpleβ counts each month as +1 or β1. βWeightedβ gives larger moves more influence: +2 above +10%, β2 below β10%. With only 6 years of history for this asset, each monthβs score reflects a small number of observations β read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the assetβs full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each dayβs closing price by the price on January 1st of that year (or the assetβs first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in βAverage fromβ, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ5.08 K Cr | β | βΉ527.00 Cr | β | β | 25.3% | 41.3% | 47.6% |
| Mar 2024 | βΉ3.59 K Cr | β | βΉ357.00 Cr | β | β | 21.3% | 40.3% | 56.6% |
| Mar 2023 | βΉ2.56 K Cr | β | βΉ228.00 Cr | β | β | 16.1% | 46.0% | 20.0% |
| Mar 2022 | βΉ1.75 K Cr | β | βΉ190.00 Cr | β | β | 15.1% | 53.7% | 24.2% |
| Mar 2021 | βΉ1.14 K Cr | β | βΉ153.00 Cr | β | β | 13.4% | -20.4% | -6.1% |
| Mar 2020 | βΉ1.43 K Cr | β | βΉ163.00 Cr | β | β | 15.7% | 3.4% | 48.2% |
| Mar 2019 | βΉ1.39 K Cr | β | βΉ110.00 Cr | β | β | 10.6% | 2.9% | 19.6% |
| Mar 2018 | βΉ1.35 K Cr | β | βΉ92.00 Cr | β | β | 9.0% | 46.3% | 736.4% |
| Mar 2017 | βΉ921.00 Cr | β | βΉ11.00 Cr | β | β | 1.0% | -44.4% | -93.3% |
| Mar 2016 | βΉ1.66 K Cr | β | βΉ164.00 Cr | β | β | 14.4% | 6.1% | 215.4% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Net Sales | 1,611 | 1,562 | 1,657 | 921 | 1,347 | 1,386 | 1,433 | 1,141 | 1,754 | 2,561 | 3,593 | 5,076 | 5,900 |
| Total Expenses | 1,488 | 1,500 | 1,565 | 1,082 | 1,362 | 1,344 | 1,391 | 1,060 | 1,613 | 2,412 | 3,357 | 4,654 | 5,336 |
| EBIT / Operating Profit | 123 | 62 | 92 | -161 | -15 | 42 | 42 | 81 | 141 | 149 | 235 | 422 | 564 |
| OPM % | 8% | 4% | 6% | -17% | -1% | 3% | 3% | 7% | 8% | 6% | 7% | 8% | 10% |
| Other Income | 82 | 61 | 191 | 217 | 179 | 169 | 215 | 165 | 154 | 202 | 300 | 335 | 327 |
| Finance Costs | 1 | 6 | 4 | 9 | 8 | 5 | 3 | 10 | 2 | 7 | 13 | 11 | 13 |
| Depreciation & Amortisation | 23 | 27 | 28 | 27 | 29 | 27 | 30 | 29 | 36 | 39 | 41 | 42 | 45 |
| Profit Before Tax | 181 | 90 | 252 | 20 | 128 | 179 | 224 | 207 | 257 | 305 | 481 | 703 | 833 |
| Tax % | 36% | 43% | 35% | 43% | 28% | 39% | 27% | 26% | 26% | 25% | 26% | 25% | - |
| Net Profit / PAT | 117 | 52 | 164 | 11 | 92 | 110 | 163 | 153 | 190 | 228 | 357 | 527 | 616 |
| EPS (βΉ) | 94.13 | 41.77 | 132.79 | 9.26 | 8.07 | 9.60 | 14.27 | 13.40 | 16.55 | 19.91 | 31.19 | 46.04 | 53.81 |
| Dividend Payout % | 21% | 48% | 15% | 472% | 55% | 72% | 50% | 37% | 35% | 31% | 30% | 30% | - |
Peer Comparison
Construction & Real Estate sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Garden Reach Shipbuilders & Engineers Limitedthis co. | βΉ28.03 K Cr | βΉ5.08 K Cr | 45.50 | 12.24 | 48.88 | 41.3% |
| DLF LIMITED | βΉ1.62 L Cr | βΉ4.48 K Cr | 71.80 | 5.57 | 85.69 | 38.2% |
| Lodha Developers Limited | βΉ1.07 L Cr | βΉ13.31 K Cr | 47.00 | 5.32 | 45.12 | 40.7% |
| The Phoenix Mills Ltd. | βΉ67.72 K Cr | βΉ486.00 Cr | 238.00 | 12.55 | 162.71 | 4.3% |
| Prestige Estates Projects Limited | βΉ65.45 K Cr | βΉ2.87 K Cr | 639.00 | 5.54 | 62.98 | 8.4% |
| OBEROI REALTY LIMITED | βΉ60.20 K Cr | βΉ4.37 K Cr | 34.00 | 3.96 | 28.02 | 32.4% |
| Godrej Properties Limited | βΉ56.59 K Cr | βΉ1.95 K Cr | 148.00 | 3.23 | 55.48 | 46.5% |
| Industry Average | β | βΉ1.57 K Cr | 107.92 | 4.84 | 64.14 | 54.8% |
