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Garden Reach Shipbuilders and Engineers Ltd

Wed 21/05/2025,16:11:46 | NSE : GRSE

₹ 2500.50106.10 (4.43%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 2388.00

Previous Close

₹ 2394.40

Volume

3981357

Mkt Cap ( Rs. Cr)

₹28643.73

High

₹ 2509.70

Low

₹ 2348.90

52 Week High

₹ 2833.80

52 Week Low

₹ 1093.05

Book Value Per Share

₹ 160.82

Dividend Yield

0.57

Face Value

₹ 10.00

What’s Your Call?

Collective community sentiment on Garden Reach Shipbuilders and Engineers Ltd

Your Vote -

Buy

92.31%

Hold

5.49%

Sell

2.20%

92.31%

91 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

2500.50

15757

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Bid Total

15757

Bid Price

Qty

0.00

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Bid Total

0

Option Chain

Analyzes market sentiment, predicts Garden Reach Shipbuilders and Engineers Ltd' movement.

NO_RECORD_FOUND

News

Media spotlight triggers stock stock attention, sentiment.

  • Garden Reach Ship - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    20 May 2025, 5:36PM Further to our intimation letter no. SECY/GRSE/BD 69/AM/04/24-25 dated 15th May, 2025, we wish to inform that Conference Call has been held on Tuesday
  • Garden Reach Ship - Change in Director(s)

    19 May 2025, 3:24PM Garden Reach Shipbuilders & Engineers Limited has informed the Exchange regarding Change in Director(s) of the company.
  • Garden Reach Ship - Announcement under Regulation 30 (LODR)-Change in Directorate

    19 May 2025, 3:16PM In terms of Reg 30 of SEBI (LODR), Reg, 2015, we would like to inform that in pursuance to Ministry of Defence letter No. 11(70)/2021/Misc./D(NS) date
  • Garden Reach Ship - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    15 May 2025, 1:10PM In terms of Reg 30, we wish to inform that Conference Call for Investors and Analyst is Scheduled to be held on Tuesday, 20 May 2025 at 03:30 p.m., t
  • Garden Reach Ship - Analysts/Institutional Investor Meet/Con. Call Updates

    15 May 2025, 1:09PM Garden Reach Shipbuilders & Engineers Limited has informed the Exchange that Conference Call for Investors and Analysts is scheduled to be held on Tue
  • Garden Reach Ship - General Updates

    15 May 2025, 11:53AM In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that, in pursuance to M
  • Garden Reach Ship - Additional Charge Of Director (Finance) To Chairman & Managing Director Of The Company - Reg 30\r\n

    15 May 2025, 11:47AM In terms of Reg 30 of SEBI (LODR) , 2015, We would like to inform that, in pursuance to Ministry of Defence letter No. 1/1(1)/2019/D(NS) dated 14 May
  • Garden Reach Ship - Dividend

    13 May 2025, 6:52PM Garden Reach Shipbuilders & Engineers Limited has informed the Exchange that Board of Directors at its meeting held on May 13, 2025, recommended Final
  • Garden Reach Ship - Outcome of Board Meeting

    13 May 2025, 6:49PM In terms of Reg 33 of SEBI (LODR) Reg, 2015, please find enclosed: Statement showing the Audited Financial Results for the qtr and year ended 31 Mar 2
  • Garden Reach Ship Q4 net profit zooms 118.86% at Rs 244.25 cr

    13 May 2025, 6:40PM The company reported standalone net profit of Rs 244.25 crore for the quarter ended March 31, 2025 as compared to Rs 111.60 crore in the same period l
  • Garden Reach Ship - Audited Financial Results For The Quarter And Financial Year Ended 31St March, 2025, Recommendation Of Fi

    13 May 2025, 6:28PM In terms of Reg 33 of SEBI (LODR), 2015, please find enclosed: \r\nStatement Showing the Audited Financial Results for the quarter and year ended 31 M
  • Garden Reach Ship - Board Meeting Outcome for Audited Financial Results For The Quarter And Financial Year Ended 31St March,

    13 May 2025, 6:11PM In terms of Reg 33 of SEBI (LODR) Reg, 2015, please find enclosed: \r\n\r\nStatement showing the Audited Financial Results for the qtr and year ended
  • Garden Reach Ship - Board Meeting Intimation

    9 May 2025, 4:56PM GARDEN REACH SHIPBUILDERS & ENGINEERS LIMITED has informed the Exchange about Board Meeting to be held on 13-May-2025 to consider and approve the Year
  • Garden Reach Ship - Update on board meeting

    9 May 2025, 4:35PM The Board Meeting to be held on 12/05/2025 has been revised to 13/05/2025 This has reference to our letter No. SECY/GRSE/BD-69/CA/07/2025-26 dated 30
  • Garden Reach Ship - General Updates

    2 May 2025, 5:35PM In terms of Regulation 30 of SEBI (LODR) Regulations, 2015, we would like to inform that, in pursuance to Ministry of Defence letter dated 02 May 2025
  • Garden Reach Ship - Additional Charge Of Director (Corporate Planning And Personnel) To Chairman & Managing Director Of The C

    2 May 2025, 5:34PM In terms of Reg 30 of SEBI (LODR) Reg, 2015, we wish to inform you that in pursuance to Ministry of Defence letter dated 02 May 2025, the Government h
  • Garden Reach Ship - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    30 Apr 2025, 5:19PM GARDEN REACH SHIPBUILDERS & ENGINEERS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Offic
  • Garden Reach Ship - Change in Director(s)

    30 Apr 2025, 5:12PM Garden Reach Shipbuilders & Engineers Limited has informed the Exchange regarding Change in Director(s) of the company.
  • Garden Reach Ship - Board Meeting Intimation

    30 Apr 2025, 4:57PM GARDEN REACH SHIPBUILDERS & ENGINEERS LIMITED has informed the Exchange about Board Meeting to be held on 12-May-2025 to consider and approve the Year
  • Garden Reach Ship - Announcement under Regulation 30 (LODR)-Change in Directorate

    30 Apr 2025, 5:06PM In terms of Reg 30 of SEBI (LODR) Reg, 2015, we wish to inform you that DIG, Subrato Ghosh, ICG (Retd.) (DIN : 10205285) was appointed as a Director (
  • Garden Reach Ship - Change in Management

    28 Apr 2025, 3:45PM In terms of Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requiremen
  • Garden Reach Ship - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    28 Apr 2025, 3:39PM GARDEN REACH SHIPBUILDERS & ENGINEERS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Offic
  • Garden Reach Ship - Announcement under Regulation 30 (LODR)-Change in Management

    28 Apr 2025, 3:52PM In terms of Reg 30 of SEBI (LODR) Reg, 2015 as amended (the \SEBI Listing Regulations\), we wish to inform you that as per the Company's Policy, Compe
  • Garden Reach Ship - General Updates

    25 Apr 2025, 4:20PM In terms of Regulation 30 and other applicable provisions of the SEBI (LODR) Regulations, 2015, we wish to inform you that the Board of Directors of t
  • Garden Reach Ship - Intimation Regarding GRSE Will Sign Long-Term Lease Agreement With Syama Prasad Mookerjee Port, Kolkata F

    25 Apr 2025, 4:15PM In terms of Reg 30 and other applicable provisions of the SEBI (LODR) Reg 2015, we wish to inform you that the Board of Directors of the Company at it
  • Garden Reach Ship - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A

    23 Apr 2025, 4:23PM <b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border='1px'><tr> <td><b>Sr. No.</b></td
  • Garden Reach Ship has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    10 Apr 2025, 4:40PM As of March 2025, 74.50% is owned by Indian Promoters and 25.50% by Public. <p align=justify> Institutional holds 5.75% (Insurance Companies 0.04%) an
  • Garden Reach Ship - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    10 Apr 2025, 4:25PM We are enclosing herewith the Compliance Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 received from M/s Alankit Assignments Limit
  • Garden Reach Ship - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    10 Apr 2025, 4:21PM Garden Reach Shipbuilders & Engineers Limited has informed the Exchange about Compliance Certificate under Regulation 74(5) of the SEBI (Depositories
  • Garden Reach Ship - Bagging/Receiving of orders/contracts

    9 Apr 2025, 10:08AM Garden Reach Shipbuilders & Engineers Limited has informed the Exchange about receipt of a Letter of Award on 08 Apr 2025, for the Construction and De
  • GRSE secures Rs 489.98 cr contract for coastal research vessels

    9 Apr 2025, 10:32AM Garden Reach Shipbuilders & Engineers Ltd (GRSE) has received a Letter of Award dated April 8, 2025, for the construction and delivery of two Coastal
  • Garden Reach Ship - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

    9 Apr 2025, 10:10AM In terms of Reg 30 and other applicable provisions of SEBI(LODR) Reg, 2015 we wish to inform you that the Company has received a Letter of Award on 08
  • Garden Reach Ship - Press Release

    8 Apr 2025, 12:40PM Garden Reach Shipbuilders & Engineers Limited has informed the Exchange regarding a press release dated April 08, 2025, titled ""GRSE Signed MoU with
  • Garden Reach Ship - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    6 Apr 2025, 12:04PM GARDEN REACH SHIPBUILDERS & ENGINEERS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Offic
  • Garden Reach Ship - Announcement under Regulation 30 (LODR)-Change in Directorate

    6 Apr 2025, 12:04PM In terms of Reg 30 of SEBI (LODR) Regulations, 2015, we wish to inform you that Shri Sanjeeb Mohanty (DIN: 09559883) was appointed as a Part-Time Non-
  • Garden Reach Ship - Cessation

    6 Apr 2025, 11:58AM Garden Reach Shipbuilders & Engineers Limited has informed the Exchange regarding Cessation of Mr Sanjeeb Mohanty as Non- Executive Independent Direct
  • Garden Reach Ship - Updates

    2 Apr 2025, 5:14PM Pursuant to Regulation 8 (2) of SEBI (Prohibition of Insider Trading), Regulations 2015, and any other provisions as may be applicable, we wish to inf
  • Garden Reach Ship - Press Release

    31 Mar 2025, 5:12PM Garden Reach Shipbuilders & Engineers Limited has informed the Exchange regarding a press release dated March 31, 2025, titled ""Turnover Touches a Ne
  • Garden Reach Ship - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    31 Mar 2025, 5:07PM In terms of Regulation 30 of the SEBI (LODR) Regulations, 2015, we are enclosing herewith a copy of the press release titled 'Turnover Touches a New H
  • Garden Reach Ship - Trading Window-XBRL

    26 Mar 2025, 4:38PM GARDEN REACH SHIPBUILDERS & ENGINEERS LIMITED has informed the Exchange about Closure of Trading Window
  • Garden Reach Ship - Trading Window

    26 Mar 2025, 4:34PM Garden Reach Shipbuilders & Engineers Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider
  • Garden Reach Ship - Press Release

    24 Mar 2025, 5:26PM Garden Reach Shipbuilders & Engineers Limited has informed the Exchange regarding a press release dated March 24, 2025, titled ""GRSE signed Contract
  • Garden Reach Ship - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    24 Mar 2025, 5:19PM This has reference to our previous communication addressed to the Stock Exchanges vide letter No. SECY/GRSE/BD-69/10/2024-25 dated 22 Jun 2024, letter
  • Garden Reach Ship - Press Release

    20 Mar 2025, 9:29AM Garden Reach Shipbuilders & Engineers Limited has informed the Exchange regarding a press release dated March 20, 2025, titled ""Press Release - GRSE
  • GRSE signs landmark MoU with PWD Nagaland for supply of modular steel bridges

    20 Mar 2025, 10:16AM Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has achieved a historic milestone by signing its first-ever Memorandum of Understanding (MoU) with a
  • Garden Reach Ship - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    20 Mar 2025, 9:18AM In terms of Reg 30 and other applicable provisions of the SEBI (LODR) Regulations, 2015, we wish to inform you that the company has signed MoU with PW
  • Garden Reach Ship - Action(s) taken or orders passed

    18 Mar 2025, 5:36PM Garden Reach Shipbuilders & Engineers Limited has informed the Exchange about imposition of penalty by NSE and BSE
  • Garden Reach Ship - Disclosure Under Regulation 30 Of SEBI (LODR), Reg 2015 - Imposition Of Penalty By NSE And BSE

    18 Mar 2025, 3:00PM In terms of Reg 30 of SEBI, LODR, Reg 2015, we hereby inform you that the Company has received notices from NSE and BSE dated 17 Mar 2025 regarding n
  • Garden Reach Shipbuilders & Engineers

    14 May 2025 , 9:00AM Revenue up by 62% to Rs 1,642 crore. EBITDA is up by 144.5% to Rs 220.95 crore aided by margins improvement of 460 bps to 13.5%. Driven by sales growth and margins improvement PAT was up 118.6% to Rs 244 crore.
  • Garden Reach signs MoU with SWAN Defence

    8 Apr 2025 , 1:14PM GRSE and SWAN Defence Sign Strategic MoU to Boost Indigenous Commercial Shipbuilding Capabilities
  • Garden Reach MoU with PWD Nagaland

    20 Mar 2025 , 10:28AM Garden Reach MoU with PWD Nagaland for supply of eight sets of double lane modular steel bridges
  • Garden Reach signs contract for Normal Refit of MCGS Barracuda

    20 Feb 2025 , 11:52AM Garden Reach signs contract worth Rs. 123 cr with External Affairs Min for normal refit of MCGS Barracuda
  • Garden Reach Ship Builders

    6 Dec 2024 , 10:33AM Garden Reach Ship Builders: company has signed a contract for construction and delivery of the second ship from the series of four additional vessels 7500 DWT Multi-Purpose Vessels (MPV). This milestone follows GRSE's September 2024 announcement of securing an order for four additional MPVs of 7,500 DWT each. The remaining two contracts in the series will be disclosed once they are sign. Positive
  • Garden Reach Shipbuilders & Engineers

    30 Oct 2024 , 10:47AM Garden Reach Ship: Company signed contract with the naval physical and oceanographic laboratory for an acoustic research ship, deal worth Rs 491 crore. (Positive)
  • Garden Reach Shipbuilders & Engineers

    21 Oct 2024 , 1:27PM The company received a contract worth Rs 491 crore for one acoustic research ship from the ministry of Defence. Positive
  • Garden Reach Shipbuilders & Engineers

    21 Oct 2024 , 1:24PM The company received a contract worth Rs 491 crore for one acoustic research ship from the ministry of Defence. Positive
  • Garden Reach bags LoA for a project worth Rs 226.2 cr

    4 Oct 2024 , 5:28PM Garden Reach bags LoA for a project worth Rs 226.2 cr from West Bengal Transport Department
  • Garden Reach Shipbuilders & Engineers

    19 Sep 2024 , 9:44AM The company has signed a contract with M/s Carsten Rehder Schiffsmakler and Reederei GmbH & Co., KG Germany, on 22 Jun 2024, for construction and delivery of Multi-Purpose Vessels, with an option of building another four ships in near future. The Company has on September 18, 2024, received a confirmation from the customer to buy and deliver additional four Multi- Purpose Vessels, on the existing terms and Conditions. The Size of the order is additional ~USD 54 million for further four vessels. The total value would be ~USD 108 Million for eight Vessels. Positive for the stock.
  • Garden Reach Shipbuilders signs MoU for supply of double lane modular bridges

    30 Aug 2024 , 10:24AM Garden Reach Shipbuilders signs deal to supply double lane modular bridges along Indian borders
  • Garden Reach bags contract worth $21 mn

    1 Jul 2024 , 10:49AM Garden Reach bags contract worth $21 mn for construction of advanced ocean-going tug for the Bangladesh govt
  • GRSE bags export order for commercial vessels

    24 Jun 2024 , 1:43PM GRSE signs an agreement with M/s Carsten Rehder Schiffsmakler and Reederei GmbH & Co
  • Garden Reach Shipbuilders & Engineers

    24 Jun 2024 , 10:28AM The company has signed an agreement with M/s Carsten Rehder Schiffsmakler and Reederei GmbH & Co., KG Germany for the construction and delivery of four multi-purpose vessels of 7,500 DWT each, with an option of building another four ships in near future. The size of the contract is ~USD 54 million and it would be executed over 33 months. Positive for the stock.
  • Garden Reach rises on lowest bidder for construction of DRDO research vessel

    7 Jun 2024 , 11:02AM Garden Reach Shipbuilders becomes lowest bidder for a contract worth approximately Rs. 500 cr to build research vessel for DRDO
  • Garden Reach Shipbuilders

    17 May 2024 , 10:07AM The company has received notification of award for the procurement of one Trailing Suction Hopper Dredger with spare parts from the Government of the People's Republic of Bangladesh on 09 May 2024 and the same was accepted by the Company on 16 May 2024. The total contract value is USD 1,65,75,210 excluding taxes. Positive for the stock.
  • Garden Reach Shipbuilders signs MoU with Shift Clean Energy

    23 Nov 2023 , 10:05AM Garden Reach Shipbuilders signs MoU with Shift Clean Energy, Seatech & ABS to develop Electric Tugs E-VOLT 50
  • GRSE signs pact with Lloyd's for Hydrogen fuel cell ferry

    20 Sep 2023 , 10:02AM Company also signs pact with Caterpillar Inc for production, sale, service of medium speed engines.
  • Garden Reach Shipbuilders

    25 Aug 2023 , 10:19AM The company has signed MoU with DEMPO Group, Goa, to launch a collaboration model to build commercial vessels in their shipyards at Goa and Bhavnagar, Gujarat. The financial implication for this MoU has not yet been ascertained.
  • Garden Reach Shipbuilders & Engineers

    17 Jul 2023 , 10:17AM Garden Reach Shipbuilders & Engineers (GRSE): As per media reports, the company has signed MoU with Naval Group of France to collaborate on surface ships. Positive read thru for the stock.
  • Garden Reach Shipbuilders and Engineers (GRSE) and Cochin Shipyard Limited

    31 Mar 2023 , 1:34PM The Ministry of Defence has signed contracts with Indian shipyards for the acquisition of 11 next-generation offshore patrol vessels and six next-generation missile vessels at a cost of ~ Rs. 19,600 crore. Out of 11, 7 vessels will be indigenously designed, developed and manufactured by the Goa Shipyard Ltd (GSL) and four by GRSE. The missile vessels will be supplied by CSL for Rs. 9,805 crore. The delivery of the ships is scheduled to commence from September 2026 and the missile vessels from March 2027. Positive for both GRSE and CSL.
  • Garden Reach Shipbuilders & Engineers

    16 Feb 2023 , 10:12AM GRSE has entered into 9 MoUs during Aero India – 2023. The key MoUs include tie ups with M/s Aerospace Engineers Pvt. Ltd, M/s Rolls-Royce Solutions GmbH , M/s Tunga Aerospace Industries amongst others. Positive read thru for the stock.
  • Garden Reach Shipbuilders and Engineers

    6 Jul 2022 , 1:09PM As per media reports, Garden Reach Shipbuilders and Engineers Ltd (GRSE) has signed a contract with the West Bengal government for the design and construction of environment-friendly next-generation electric ferry. This ‘Green’ vessel has the potential to replace the conventional diesel engine driven ferries operated in Hooghly river. The arrival of the electric ferry will transform the inland water transport system in National Waterway- 1(NW-1) which is being developed from Haldia to Varanasi under the Ministry of Shipping. Positive for the stock.
  • Garden Reach Shipbuilders & Engineers

    4 Apr 2022 , 10:06AM The company has recorded the highest ever turnover of Rs 1750 Crore for FY2022, reflecting YoY growth of 53%. GRSE has also declared an interim dividend of Rs. 4.95 per equity share of Rs.10 for FY22 against Rs.3.85 in FY21, reflecting a increase of 28.57%. Positive for the stock.
  • Garden Reach Shipbuilders bags export order in Bangladesh

    2 Jul 2021 , 11:49AM Garden Reach bags contract for construction and delivery of Patrol Boats to Government of Bangladesh
  • Garden Reach signs contract with Govt. of Guyana

    14 Jan 2021 , 2:38PM Garden Reach Shipbuilders and Engineers secures order worth $ 12.7 mn from Govt. of Guyana
  • Garden Reach Shipbuilders enters into a contract with GOI

    30 Apr 2019 , 12:05PM Garden Reach Shipbuilders signs a contract with the GOI, Ministry of Defence, for construction and delivery of 08 Nos

Key fundamentals

Evaluate the intrinsic value of Garden Reach Shipbuilders and Engineers Ltd stock 

Name March-25 March-24 March-23 March-22 March-21
Assets 2079.2624 1729.0237 1714.9893 1259.3595 1138.8019
Liabilities 2079.2624 1729.0237 1714.9893 1259.3595 1138.8019
Equity 114.552 114.552 114.552 114.552 114.552
Gross Profit 421.2673 234.1148 149.0294 140.7474 72.0598
Net Profit 527.4038 357.2677 228.124 189.5268 153.4712
Cash From Operating Activities 15.5874 -706.8934 1450.2332 -356.1123 517.3016
NPM(%) 10.39 9.94 8.9 10.78 13.45
Revenue 5075.6877 3592.6423 2561.1451 1757.5137 1140.8353
Expenses 4654.4204 3358.5275 2412.1157 1616.7663 1068.7755
ROE(%) 28.62 19.39 12.38 10.28 8.33

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
4.9 49 0.55 1914.8
07 Feb 2025 8.95 89.5 0.55 1591.55
13 Sep 2024 1.44 14.4 0.55 1192.6
23 Feb 2024 7.92 79.2 0.55 902.9
15 Sep 2023 0.7 7 0.55 481.45
20 Feb 2023 5.5 55 0.55 493.55
16 Sep 2022 0.85 8.5 0.55 268.2
22 Feb 2022 4.95 49.5 0.55 232.5
02 Sep 2021 1.15 11.5 0.55 181.65
17 Feb 2021 3.85 38.5 0.55 196.85
03 Sep 2020 1.4 14 0.55 154.35
26 Mar 2020 5.74 57.4 0.55 147.25
12 Sep 2019 5.1 51 0.55 117.1
27 Mar 2019 1.85 18.5 0.55 98.45

Peers

Other companies within the same industry or sector that are comparable to Garden Reach Shipbuilders and Engineers Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Sadhav Shipping Ltd 99.80 5.00 14.87 3437.81 63.72 0.00
Swan Defence and Heavy Industries Ltd 154.74 0.00 0.00 642.44 -228.91 0.00
Arvind Port and Infra Ltd 56.55 -4.72 15.41 2907.31 30.86 0.00
ABS Marine Services Ltd 124.95 -2.00 0.00 4311.45 95.94 0.00

Company Info

Prior to the Company being initially incorporated as a limited company, we were engaged in the business of operating shipbuilding and repair workshops since 1884 as an unincorporated entity. We were incorporated under the name and style of "Garden Reach Workshops Limited" on February 26, 1934 with the Registrar of Companies, Calcutta vide certificate of incorporation No. 7891 under the applicable provisions of the Companies Act, 1913. The word `Private' was added to the name of the Company and the name of the Company became "Garden Reach Workshops Private Limited" and a fresh certificate of incorporation was issued dated November 5, 1957 by the Registrar of Companies, West Bengal pursuant to the shareholders resolution passed in the general meeting held on July 12, 1957. In the year 1960, the Company was acquired by the GoI and since then the share capital of the Company is wholly owned by the President of India along with its nominees from time to time. The word `Private' was deleted from the name of the Company by the Registrar of Companies, West Bengal on November 30, 1961 pursuant to the shareholders resolution passed in the general meeting held on March 28, 1961 and the name of the Company become "Garden Reach Workshops Limited" and the status of the Company was changed from `private limited company' to `deemed public limited company' under the provision of Section 43(1A) of the Companies Act, 1956 with effect from January 8, 1976. The name of the Company was again changed from "Garden Reach Workshops Limited" to "Garden Reach Shipbuilders & Engineers Limited", as mentioned in the fresh certificate of incorporation issued on December 31, 1976 pursuant to the shareholders resolution passed in the general meeting held on December 18, 1976. The Company was converted into a public limited company pursuant to the shareholders resolution passed in the Annual General Meeting held on August 25, 2017 and a fresh certificate of incorporation dated November 17, 2017 was issued by the Registrar of Companies, West Bengal. the Company as on date is registered as a government company (public company) as "Garden Reach Shipbuilders & Engineers Limited" under CIN U35111WB1934GOI007891.Major events in the history1961- Built the indigenous warship of the country INS Ajay, which was the first Naval ship built in the country after India's independence.1980- Built the patrol vessel for Indian Coast Guard, CGS Rajhans (GRSE Yard 2003).1981- Designed and built survey vessel for Indian Navy. This 1900-ton ship, INS Sandhayak was delivered on February 26, 1981.1984- Designed in-house and built the first of class landing ship tank (large).1992- The class ship of new design FPV, CGS Priyadarshini (the Company Yard 2031) was delivered to Indian Coast Guard on March 03, 1992.1994- The class P-16A guided missile frigate "INS Brahmaputra" (the Company Yard 3009) was launched on January 26, 1994.- Built research vessel. The ship was named as "Sagardhwani" which means 'Sound of Sea".1997- Designed & developed, portable steel bridges for the first time in India.2000- Built and delivered the class fast attack craft (the Company Yard No. 2047) on September 11, 2000 after extensive trials.2009- The two WJ-FAC, INS Carnicobar and INS Chetlat were delivered on January 09, 2009 to Indian Navy.2011-The Company signed the contract for building CGS Barracuda, a multi-role offshore patrol vessel for National Coast Guard of Mauritius on March 04, 2011 for export of a warship. CGS Barracuda also has the distinction of being the first ever ship to be built at the new integrated shipbuilding facility, created in the Company under modernization.2014- The class ASW Corvette, INS Kamorta, was delivered to Indian Navy on July 12, 2014.2016- The first of the fthe (4) follow-on WJ-FAC, INS Tarmugli (Yard No 2109) was delivered to the Indian Navy on April 16, 2016.2016-2017- Two ships of the class new generation landing crafts have been delivered to Indian Navy on September 30, 2016 and July 20, 2017.Awards and Recognition2006- Accorded the status of Mini Ratna - Category I2010-11- Best Performing Defence Shipyard- Excellent grading under MoU signed with the GoI2011-12- Best Performing Defence Shipyard- Excellent grading under MoU signed with the GoI- Indira Gandhi Rajbhasha Puraskar - 2nd prize in `C' region for the implementation of official language Hindi in the Company2012-13- Best Performing Defence Shipyard- Indira Gandhi Rajbhasha Puraskar - 1st prize in 'C' region for implementation of official language Hindi under PSU category- Excellent grading under MoU signed with the GoI2013-14- Best Performing Defense Shipyard- Excellent grading under MoU signed with the GoI2014-15- National Talent Management Leadership Award 2015 in the Best Onboarding Program category from the World HRD Congress- Most Caring Company Award at CSR Congress-2015- Rajbhasha Kirti Puraskar - 2nd prize in `C' region for excellence in implementation of official language policy under PSU category2015-16- Raksha Mantri's Award for in-house design effort of CGS Barracuda- Rajbhasha Kirti Puraskar - 1st prize for excellence in implementation of official language in the Company.2016- Quality leadership award by Quality Circle Forum of India- Rajbhasha Kirti Puraskar - 2nd prize for excellence in implementation of official language- Rajbhasha Kirti Puraskar - 2nd prize for the magazine `Rajbhasha Jagriti'2017- Quality Leadership Award by Quality Circle Forum of India- Runner-up in the category of `Contribution of Women in PSEs' by ICC- Runner-up in the category of `Human Resthece Management' by ICC- Runner-up in the category of `CSR & Sustainability' by ICC- ICC PSE Excellence Award in the category of "Company of the Year"- ICC PSE Excellence Award in the category of "Corporate Governance"- SCOPE Corporate Communication Excellence Award 2017 in the category of Brand Building through Inclusive Growth Initiatives- SCOPE Corporate Communication Excellence Award 2017 in the category of Best Corporate Communication Campaign/ Program (External) 2023 -Company has signed MoU with Rolls Royce Solutions of Germany on 27 Jan 2023 for production of Marine Engines under Make in India initiative. 2024 -The Company receipt of letter of Intent of Award for Contract for Design, development, construction, Integration of Equipment, Testing, certification from Naval Physical & Oceanographic Laboratory. - The Company has received two letters of Acceptance of Award for Contract for Design, Build, Operation and Maintenance of Hybrid Electric Ferries from Government of West Bengal. -The Company has entered Contract with the Bangladesh Inland Water Transport Authority for the Procurement of 01 (One) No. Trailing Suction Hopper Dredger, the total Contract Value is USD 1,65,75,210 excluding taxes.

Prior to the Company being initially incorporated as a limited company, we were engaged in the business of operating shipbuilding and repair workshops since 1884 as an unincorporated entity. We were incorporated under the name and style of "Garden Reach Workshops Limited" on February 26, 1934 with the Registrar of Companies, Calcutta vide certificate of incorporation No. 7891 under the applicable provisions of the Companies Act, 1913. The word `Private' was added to the name of the Company and the name of the Company became "Garden Reach Workshops Private Limited" and a fresh certificate of incorporation was issued dated November 5, 1957 by the Registrar of Companies, West Bengal pursuant to the shareholders resolution passed in the general meeting held on July 12, 1957. In the year 1960, the Company was acquired by the GoI and since then the share capital of the Company is wholly owned by the President of India along with its nominees from time to time. The word `Private' was deleted from the name of the Company by the Registrar of Companies, West Bengal on November 30, 1961 pursuant to the shareholders resolution passed in the general meeting held on March 28, 1961 and the name of the Company become "Garden Reach Workshops Limited" and the status of the Company was changed from `private limited company' to `deemed public limited company' under the provision of Section 43(1A) of the Companies Act, 1956 with effect from January 8, 1976. The name of the Company was again changed from "Garden Reach Workshops Limited" to "Garden Reach Shipbuilders & Engineers Limited", as mentioned in the fresh certificate of incorporation issued on December 31, 1976 pursuant to the shareholders resolution passed in the general meeting held on December 18, 1976. The Company was converted into a public limited company pursuant to the shareholders resolution passed in the Annual General Meeting held on August 25, 2017 and a fresh certificate of incorporation dated November 17, 2017 was issued by the Registrar of Companies, West Bengal. the Company as on date is registered as a government company (public company) as "Garden Reach Shipbuilders & Engineers Limited" under CIN U35111WB1934GOI007891.Major events in the history1961- Built the indigenous warship of the country INS Ajay, which was the first Naval ship built in the country after India's independence.1980- Built the patrol vessel for Indian Coast Guard, CGS Rajhans (GRSE Yard 2003).1981- Designed and built survey vessel for Indian Navy. This 1900-ton ship, INS Sandhayak was delivered on February 26, 1981.1984- Designed in-house and built the first of class landing ship tank (large).1992- The class ship of new design FPV, CGS Priyadarshini (the Company Yard 2031) was delivered to Indian Coast Guard on March 03, 1992.1994- The class P-16A guided missile frigate "INS Brahmaputra" (the Company Yard 3009) was launched on January 26, 1994.- Built research vessel. The ship was named as "Sagardhwani" which means 'Sound of Sea".1997- Designed & developed, portable steel bridges for the first time in India.2000- Built and delivered the class fast attack craft (the Company Yard No. 2047) on September 11, 2000 after extensive trials.2009- The two WJ-FAC, INS Carnicobar and INS Chetlat were delivered on January 09, 2009 to Indian Navy.2011-The Company signed the contract for building CGS Barracuda, a multi-role offshore patrol vessel for National Coast Guard of Mauritius on March 04, 2011 for export of a warship. CGS Barracuda also has the distinction of being the first ever ship to be built at the new integrated shipbuilding facility, created in the Company under modernization.2014- The class ASW Corvette, INS Kamorta, was delivered to Indian Navy on July 12, 2014.2016- The first of the fthe (4) follow-on WJ-FAC, INS Tarmugli (Yard No 2109) was delivered to the Indian Navy on April 16, 2016.2016-2017- Two ships of the class new generation landing crafts have been delivered to Indian Navy on September 30, 2016 and July 20, 2017.Awards and Recognition2006- Accorded the status of Mini Ratna - Category I2010-11- Best Performing Defence Shipyard- Excellent grading under MoU signed with the GoI2011-12- Best Performing Defence Shipyard- Excellent grading under MoU signed with the GoI- Indira Gandhi Rajbhasha Puraskar - 2nd prize in `C' region for the implementation of official language Hindi in the Company2012-13- Best Performing Defence Shipyard- Indira Gandhi Rajbhasha Puraskar - 1st prize in 'C' region for implementation of official language Hindi under PSU category- Excellent grading under MoU signed with the GoI2013-14- Best Performing Defense Shipyard- Excellent grading under MoU signed with the GoI2014-15- National Talent Management Leadership Award 2015 in the Best Onboarding Program category from the World HRD Congress- Most Caring Company Award at CSR Congress-2015- Rajbhasha Kirti Puraskar - 2nd prize in `C' region for excellence in implementation of official language policy under PSU category2015-16- Raksha Mantri's Award for in-house design effort of CGS Barracuda- Rajbhasha Kirti Puraskar - 1st prize for excellence in implementation of official language in the Company.2016- Quality leadership award by Quality Circle Forum of India- Rajbhasha Kirti Puraskar - 2nd prize for excellence in implementation of official language- Rajbhasha Kirti Puraskar - 2nd prize for the magazine `Rajbhasha Jagriti'2017- Quality Leadership Award by Quality Circle Forum of India- Runner-up in the category of `Contribution of Women in PSEs' by ICC- Runner-up in the category of `Human Resthece Management' by ICC- Runner-up in the category of `CSR & Sustainability' by ICC- ICC PSE Excellence Award in the category of "Company of the Year"- ICC PSE Excellence Award in the category of "Corporate Governance"- SCOPE Corporate Communication Excellence Award 2017 in the category of Brand Building through Inclusive Growth Initiatives- SCOPE Corporate Communication Excellence Award 2017 in the category of Best Corporate Communication Campaign/ Program (External) 2023 -Company has signed MoU with Rolls Royce Solutions of Germany on 27 Jan 2023 for production of Marine Engines under Make in India initiative. 2024 -The Company receipt of letter of Intent of Award for Contract for Design, development, construction, Integration of Equipment, Testing, certification from Naval Physical & Oceanographic Laboratory. - The Company has received two letters of Acceptance of Award for Contract for Design, Build, Operation and Maintenance of Hybrid Electric Ferries from Government of West Bengal. -The Company has entered Contract with the Bangladesh Inland Water Transport Authority for the Procurement of 01 (One) No. Trailing Suction Hopper Dredger, the total Contract Value is USD 1,65,75,210 excluding taxes.

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Parent Organisation

Garden Reach Shipbuilders & Engineers Ltd.

Founded

26/02/1934

Managing Director

CommodoreP R Hari

NSE Symbol

GRSEEQ

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The current price of Garden Reach Shipbuilders and Engineers Ltd is ₹ 2500.50.

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The CEO of Garden Reach Shipbuilders and Engineers Ltd is CommodoreP R Hari, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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