GRSE Share Price Target 2025, 2026, 2030, 2040, 2050
Garden Reach Shipbuilders & Engineers Ltd. (GRSE) is an Indian company that builds ships for the Indian Navy and Coast Guard. Founded in 1884 and based in Kolkata, GRSE has built over 100 warships. It also makes steel bridges, marine pumps, and engines. The company exports ships to other countries as well.
This blog will provide the details of GRSE Share Price targets as far as 25 years from now (2025 – 2050) based on its fundamentals, market position, and growth potential.
What is Garden Reach Shipbuilders & Engineers Ltd NSE: GRSE?
GRSE operates three shipbuilding plants in Kolkata and a diesel engine plant in Ranchi. The company is currently working on large projects such as warships and survey vessels for the Indian Navy. In addition, the company focus on modernization of the shipbuilding facilities and expansion of the export business to other countries such as Mauritius and Bangladesh.
Fundamental Data
| Metric | Value |
|---|---|
| Market Cap | ₹15,867 Cr. |
| 52W High/Low | ₹2,835 / ₹673 |
| Stock P/E | 40.2 |
| Book Value | ₹161 |
| Dividend Yield | 0.68% |
| ROCE | 27.4% |
| ROE | 22.2% |
| Face Value | ₹10 |
| Industry P/E | 42.7 |
| Net Profit | ₹395 Cr. |
| EPS | ₹34.5 |
| Promoter Holding | 74.5% |
| Debt | ₹9.59 Cr. |
| Debt to Equity | 0.01 |
| Price to Book Value | 8.61 |
| PBT (Annualized) | ₹481 Cr. |
Peer Comparisons
| Company | P/E | Market Cap (₹ Cr.) | Div. Yield (%) | Quarterly Profit (₹ Cr.) | Qtr Profit Growth (%) | Quarterly Sales (₹ Cr.) | Qtr Sales Growth (%) | ROCE (%) |
|---|---|---|---|---|---|---|---|---|
| Mazagon Dock | 34.28 | 94,318.31 | 0.59 | 807.04 | 28.76 | 3,143.62 | 33.06 | 44.19 |
| Cochin Shipyard | 42.71 | 35,143.65 | 0.73 | 184.29 | -25.70 | 1,069.88 | 4.74 | 21.62 |
| Garden Reach Shipbuilders | 40.20 | 15,867.17 | 0.68 | 98.19 | 11.26 | 1,271.01 | 37.69 | 27.37 |
| Zen Technologies | 53.34 | 11,335.50 | 0.08 | 42.67 | 33.07 | 152.21 | 52.94 | 45.97 |
| Taneja Aerospace | 55.19 | 798.55 | 1.28 | 4.40 | 76.00 | 8.97 | 20.40 | 13.26 |
| Period | Share Price (INR) |
|---|---|
| Before 1 Year | ₹813.75 |
| Before 6 Months | ₹1,809.51 |
| Before 5 Years | ₹181.70 |
| All-Time Max | ₹2,833.80 |
Garden Reach Shipbuilders & Engineers Ltd. builds defense ships, supplies ship spares, and makes portable steel bridges, marine pumps, and onboard machinery. It also tests and assembles diesel engines. With strong demand for warships and marine products, the business is growing well. The price may fluctuate tomorrow, but the long-term growth potential remains strong.
| Day | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| Tomorrow | -87 from today’s price | +105 from today’s price |
GRSE Indicator Based Technical Analysis
NOTE!
Signals may differ across timeframes. If you’re planning to purchase GRSE and keep it for more than one week, it’s suggested that you choose signals from weekly and daily timeframes. For trading in the short term, signals that range from 5 minutes to 1-hour timeframes are better appropriate.
Garden Reach Shipbuilders & Engineers Ltd is an industry-leading shipbuilding company in India specializing in military vessels and defence contracts, with a growing order book that includes key projects such as P17 Alpha and survey vessels under construction. GRSE’s advancements in shipbuilding technology position it for growth in 2025.
Our analysis shows that the share price is expected to be between Rs 750 and Rs 2,200.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2025 | ₹750.00 | ₹2200.00 |
| Month | Minimum Target | Maximum Target |
|---|---|---|
| January | ₹750.00 | ₹1550.00 |
| February | ₹800.00 | ₹1650.00 |
| March | ₹850.00 | ₹1050.00 |
| April | ₹900.00 | ₹1150.00 |
| May | ₹1000.00 | ₹1300.00 |
| June | ₹1100.00 | ₹1450.00 |
| July | ₹1200.00 | ₹1550.00 |
| August | ₹1300.00 | ₹1700.00 |
| September | ₹1400.00 | ₹1850.00 |
| October | ₹1500.00 | ₹2000.00 |
| November | ₹1600.00 | ₹2100.00 |
| December | ₹1700.00 | ₹2200.00 |
The company is targeting expansion into global markets and a focus on merchant vessels as the cornerstones of its growth strategy. The company has strengthened export contracts while investing in energy-efficient vessels such as the P17A and major survey vessel projects to maintain momentum driven by sustainable and advanced shipbuilding technology.
Our analysis shows that the share price is expected to be between Rs 1,350 and Rs 1,875.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2026 | ₹1350.00 | ₹1875.00 |
| Month | Minimum Target | Maximum Target |
|---|---|---|
| January | ₹1350.00 | ₹1450.00 |
| February | ₹1400.00 | ₹1550.00 |
| March | ₹1450.00 | ₹1600.00 |
| April | ₹1500.00 | ₹1650.00 |
| May | ₹1550.00 | ₹1700.00 |
| June | ₹1600.00 | ₹1750.00 |
| July | ₹1650.00 | ₹1800.00 |
| August | ₹1700.00 | ₹1850.00 |
| September | ₹1750.00 | ₹1875.00 |
| October | ₹1800.00 | ₹1850.00 |
| November | ₹1825.00 | ₹1850.00 |
| December | ₹1850.00 | ₹1875.00 |
Until 2030, The company plans to focus on technological innovation and infrastructure modernization to achieve further growth. By expanding its global market presence and diversifying its portfolio of survey vessels and defense platforms, the company will meet increasing demand to generate rising profits and maintain its position within the industry.
Our analysis shows that the share price is expected to be between Rs 4,565 and Rs 5,885.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2030 | ₹4565.00 | ₹5885.00 |
| Month | Minimum Target | Maximum Target |
|---|---|---|
| January | ₹4565.00 | ₹4750.00 |
| February | ₹4700.00 | ₹4900.00 |
| March | ₹4850.00 | ₹5050.00 |
| April | ₹4950.00 | ₹5150.00 |
| May | ₹5100.00 | ₹5300.00 |
| June | ₹5200.00 | ₹5400.00 |
| July | ₹5300.00 | ₹5500.00 |
| August | ₹5400.00 | ₹5600.00 |
| September | ₹5500.00 | ₹5700.00 |
| October | ₹5600.00 | ₹5800.00 |
| November | ₹5750.00 | ₹5850.00 |
| December | ₹5800.00 | ₹5885.00 |
In 2040, The company is positioned to become a global leader in shipbuilding by continuing to focus on defense contracts, energy-efficient vessels and advanced technologies, forging more international partnerships and modernizing shipbuilding solutions to maintain market dominance for decades.
Our analysis shows that the share price is expected to be between Rs 8,215 and Rs 9,865.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2040 | ₹8215.00 | ₹9865.00 |
| Month | Minimum Target | Maximum Target |
|---|---|---|
| January | ₹8215.00 | ₹8400.00 |
| February | ₹8350.00 | ₹8550.00 |
| March | ₹8500.00 | ₹8700.00 |
| April | ₹8600.00 | ₹8800.00 |
| May | ₹8750.00 | ₹8950.00 |
| June | ₹8850.00 | ₹9050.00 |
| July | ₹8950.00 | ₹9150.00 |
| August | ₹9050.00 | ₹9250.00 |
| September | ₹9150.00 | ₹9350.00 |
| October | ₹9250.00 | ₹9450.00 |
| November | ₹9400.00 | ₹9650.00 |
| December | ₹9500.00 | ₹9865.00 |
Looking to the future, The company will thrive thanks to cutting-edge shipbuilding technologies and an emphasis on sustainability. As the demand for military and commercial vessels increases, The company will leverage its global infrastructure and strategic partnerships to remain an influential player and sustain its growth through long-term innovation and diversification strategies.
Our analysis shows that the share price is expected to be between Rs 1,3650 and Rs 1,9725.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2050 | ₹13650.00 | ₹19725.00 |
| Month | Minimum Target | Maximum Target |
|---|---|---|
| January | ₹13650.00 | ₹14150.00 |
| February | ₹13800.00 | ₹14300.00 |
| March | ₹14000.00 | ₹14500.00 |
| April | ₹14150.00 | ₹14650.00 |
| May | ₹14300.00 | ₹14800.00 |
| June | ₹14500.00 | ₹15000.00 |
| July | ₹14600.00 | ₹15100.00 |
| August | ₹14750.00 | ₹15300.00 |
| September | ₹14850.00 | ₹15400.00 |
| October | ₹14950.00 | ₹15500.00 |
| November | ₹15100.00 | ₹15750.00 |
| December | ₹15300.00 | ₹19725.00 |
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2025 | ₹750.00 | ₹2200.00 |
| 2026 | ₹1350.00 | ₹1875.00 |
| 2030 | ₹4565.00 | ₹5885.00 |
| 2040 | ₹8215.00 | ₹9865.00 |
| 2050 | ₹13650.00 | ₹19725.00 |
| Shareholding Pattern | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|
| Promoters | 74.50% | 74.50% | 74.50% | 74.50% |
| FIIs | 3.71% | 3.65% | 3.91% | 3.26% |
| DIIs | 1.87% | 1.87% | 3.20% | 6.14% |
| Public | 19.92% | 19.98% | 18.38% | 16.10% |
NMDC Steel Share Price Target 2025, 2026, 2030, 2040, 2050
Should I Buy GRSE Stock?
Promoters own 74.5%, FIIs have 3.7%, and the public holds about 19.9%. Shareholder numbers are growing, which shows interest. Suppose you’re okay with moderate risk and potential long-term gains. In that case, consider this stock for your portfolio!
Garden Reach Shipbuilders & Engineers Ltd Earning Results (Financials)
| Financial Year | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 3,593 | 2,561 | 1,754 | 1,141 | 1,433 |
| Expenses (₹ Cr) | 3,357 | 2,412 | 1,613 | 1,060 | 1,391 |
| Operating Profit (₹ Cr) | 235 | 149 | 141 | 81 | 42 |
| OPM % | 7% | 6% | 8% | 7% | 3% |
| Other Income (₹ Cr) | 300 | 202 | 154 | 165 | 215 |
| Interest (₹ Cr) | 13 | 7 | 2 | 10 | 3 |
| Depreciation (₹ Cr) | 41 | 39 | 36 | 29 | 30 |
| Profit Before Tax (₹ Cr) | 481 | 305 | 257 | 207 | 224 |
| Tax % | 26% | 25% | 26% | 26% | 27% |
| Net Profit (₹ Cr) | 357 | 228 | 190 | 153 | 163 |
| EPS (₹) | 31.19 | 19.91 | 16.55 | 13.40 | 14.27 |
| Dividend Payout % | 30% | 31% | 35% | 37% | 50% |
Expert Forecasts On The Future Of Garden Reach Shipbuilders & Engineers Ltd.
The company’s financial performance shows consistent growth in sales and profits. The company has managed to maintain a substantial operating profit margin despite challenges. With solid dividends and improving net profit, The company future looks promising. Experts predict a positive outlook, with potential stock price growth driven by expanding defense contracts and projects.
Is GRSE Stock Good to Buy? (Bull case & Bear case)
Bullish Case:
- Strong sales growth and profitability.
- Consistent dividend payout.
- Expansion in defense contracts.
- Positive future prospects with new projects.
Bearish Case:
- Volatility in operating profit margin.
- High competition in the defence sector.
- Economic uncertainty may affect growth.
Conclusion
GRSE is an established shipbuilder specializing in the construction of naval ships. The short-term growth prospects appear promising due to increasing orders. The long-term potential looks promising with expanding defense contracts, but investors should keep an eye on market volatility before investing in long-term growth. If you’re considering an investment, you should read the full article for details about the company’s performance and future stock projections.
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