Here, we are going to share GRSE Share Price Target 2025, 2026, 2027, 2028, 2030, 2035, 2040 on the basis of its fundamental and technical analysis.
GRSE is a premier shipbuilding company under the Ministry of Defence, India. It primarily focuses on building warships and vessels for the Indian Navy and Coast Guard, and has also expanded into other engineering activities, such as the manufacturing of portable steel bridges and various marine equipment.
GRSE Share Key Information
| Company Name | Garden Reach Shipbuilders & Engineers Ltd |
| Headquarters | Kolkata, West Bengal |
| Sectors | Ship Building |
| Market Cap | ₹ 21,146.30 Cr. |
| No. of Shares | 11.46 Cr. |
| Book Value | ₹153.70 |
| Dividend Yield | 0.55% |
| ROCE | 28.88% |
| ROE | 23.14% |
| Face Value | ₹10 |
| Sales Growth | 40.27% |
| Profit Growth | 56.61% |
GRSE Business Sector
Primarily serves the Indian Defence sector, specifically the Indian Navy and Coast Guard. Additionally, GRSE has secured export orders for countries like Mauritius, Seychelles, and Bangladesh.
Businesses of GRSE
- Shipbuilding
- Ship Repairs
- Engineering
- Marine Equipment Manufacturing
- Bridge Construction
Board Members
- Commodore P. R. Hari, IN (Retd) – Chairman and Managing Director
- Shri Rakesh Kumar Srivastava – Director (Finance)
- Shri Atul Bhargava – Director (Shipbuilding)
- Shri Sandeep Mahajan – Director (Technical and Operations)
- Shri K.V. Suresh Kumar – Chief Vigilance Officer
- Shri Shashank Shekhar Mishra – Director (Personnel)
- Shri Atul Kumar Sharma – Director (Shipbuilding)
GRSE Share Quarterly Results
| PARTICULARS | Mar 2024 | Jun 2024 |
|---|---|---|
| Net Sales | 1,015.73 | 1,009.72 |
| Total Expenditure | 925.17 | 953.47 |
| Operating Profit | 90.56 | 56.26 |
| Other Income | 75.92 | 73.87 |
| Interest | 3.26 | 4.24 |
| Depreciation | 10.41 | 10.44 |
| Exceptional Items | 0 | 0 |
| Profit Before Tax | 152.82 | 115.44 |
| Tax | 41.22 | 28.25 |
| Profit After Tax | 111.60 | 87.20 |
| Adjusted EPS (Rs) | 9.74 | 7.61 |
GRSE Company Profits and Losses
| PARTICULARS | Mar 2023 | Mar 2024 |
|---|---|---|
| Net Sales | 2,561.15 | 3,592.64 |
| Total Expenditure | 2,408.19 | 3,353.70 |
| Operating Profit | 152.95 | 238.94 |
| Other Income | 201.84 | 299.62 |
| Interest | 10.40 | 16.32 |
| Depreciation | 39.17 | 41.33 |
| Exceptional Items | 0 | 0 |
| Profit Before Tax | 305.22 | 480.92 |
| Provision for Tax | 77.09 | 123.65 |
| Net Profit | 228.12 | 357.27 |
| Adjusted EPS (Rs.) | 19.91 | 31.19 |
GRSE Share Price Target 2025-2040
| Year | Initial Target | Year-End Target |
|---|---|---|
| 2025 | ₹2155 | ₹2195 |
| 2026 | ₹2205 | ₹2305 |
| 2027 | ₹2335 | ₹2436 |
| 2028 | ₹2456 | ₹2589 |
| 2029 | ₹2605 | ₹2840 |
| 2030 | ₹2859 | ₹3125 |
| 2035 | ₹4250 | ₹4995 |
| 2040 | ₹7120 | ₹8012 |
GRSE Share Price Target 2025
| Year/Month | Predicted Target |
|---|---|
| January 2025 | ₹2155 |
| February 2025 | ₹2165 |
| March 2025 | ₹2177 |
| April 2025 | ₹2181 |
| May 2025 | ₹2179 |
| June 2025 | ₹2165 |
| July 2025 | ₹2155 |
| August 2025 | ₹2169 |
| September 2025 | ₹2173 |
| October 2025 | ₹2179 |
| November 2025 | ₹2184 |
| December 2025 | ₹2195 |
GRSE Share Price Target 2026
| Year/Month | Predicted Target |
|---|---|
| January 2026 | ₹2205 |
| February 2026 | ₹2207 |
| March 2026 | ₹2226 |
| April 2026 | ₹2231 |
| May 2026 | ₹2245 |
| June 2026 | ₹2251 |
| July 2026 | ₹2269 |
| August 2026 | ₹2277 |
| September 2026 | ₹2289 |
| October 2026 | ₹2301 |
| November 2026 | ₹2325 |
| December 2026 | ₹2305 |
GRSE Share Price Target 2027
| Year/Month | Predicted Target |
|---|---|
| January 2027 | ₹2335 |
| February 2027 | ₹2349 |
| March 2027 | ₹2356 |
| April 2027 | ₹2369 |
| May 2027 | ₹2378 |
| June 2027 | ₹2361 |
| July 2027 | ₹2335 |
| August 2027 | ₹2359 |
| September 2027 | ₹2378 |
| October 2027 | ₹2393 |
| November 2027 | ₹2405 |
| December 2027 | ₹2436 |
GRSE Share Price Target 2028
| Year/Month | Predicted Target |
|---|---|
| January 2028 | ₹2456 |
| February 2028 | ₹2459 |
| March 2028 | ₹2469 |
| April 2028 | ₹2461 |
| May 2028 | ₹2478 |
| June 2028 | ₹2492 |
| July 2028 | ₹2505 |
| August 2028 | ₹2546 |
| September 2028 | ₹2531 |
| October 2028 | ₹2562 |
| November 2028 | ₹2578 |
| December 2028 | ₹2589 |
GRSE Share Price Target 2029
| Year/Month | Predicted Target |
|---|---|
| January 2029 | ₹2605 |
| February 2029 | ₹2631 |
| March 2029 | ₹2656 |
| April 2029 | ₹2678 |
| May 2029 | ₹2691 |
| June 2029 | ₹2675 |
| July 2029 | ₹2705 |
| August 2029 | ₹2735 |
| September 2029 | ₹2786 |
| October 2029 | ₹2754 |
| November 2029 | ₹2805 |
| December 2029 | ₹2840 |
GRSE Share Price Target 2030
| Year/Month | Predicted Target |
|---|---|
| January 2030 | ₹2859 |
| February 2030 | ₹2891 |
| March 2030 | ₹2909 |
| April 2030 | ₹2936 |
| May 2030 | ₹2971 |
| June 2030 | ₹2965 |
| July 2030 | ₹3015 |
| August 2030 | ₹2995 |
| September 2030 | ₹3012 |
| October 2030 | ₹3026 |
| November 2030 | ₹3074 |
| December 2030 | ₹3125 |
GRSE Share Price Target 2035
| Year/Month | Predicted Target |
|---|---|
| January 2035 | ₹4250 |
| April 2035 | ₹4465 |
| July 2035 | ₹4623 |
| October 2035 | ₹4710 |
| December 2035 | ₹4995 |
GRSE Share Price Target 2040
| Year/Month | Predicted Target |
|---|---|
| January 2040 | ₹7120 |
| April 2040 | ₹7456 |
| July 2040 | ₹7780 |
| October 2040 | ₹7850 |
| December 2040 | ₹8012 |
GRSE Shareholding Pattern
| Terms | Percentage |
|---|---|
| Promoters | 74.5% |
| FIIs | 3.91% |
| DIIs | 3.2% |
| Others | 0% |
| Public | 18.39% |
GRSE Company Competitors
- Mazagon Dock Ship
- Cochin Shipyard
- VMS Industries
- laxmipati Engineering
Bull Case of GRSE (Reasons to Invest)
Strong Order Book: GRSE has a robust order book with several high-value projects for the Indian Navy and Coast Guard, including the P17A frigates and Anti-Submarine Warfare Shallow Water Crafts.
Export Potential: The company is gaining traction in the export market with contracts from Mauritius, Seychelles, Bangladesh, and potential projects in Vietnam and the Philippines.
Modernized Infrastructure: GRSE has upgraded its facilities with modern technology, enabling efficient and large-scale shipbuilding, which enhances its competitive edge.
Government Support: Being a government-owned entity, GRSE benefits from favorable policies and steady defense orders.
Bear Case of GRSE (Risks Involved)
Dependence on Defense Contracts: A significant portion of GRSE’s revenue comes from defense contracts. Any reduction in defense spending or project delays could negatively impact its financial performance.
Export Market Uncertainty: While GRSE is expanding its export portfolio, these markets are uncertain and subject to geopolitical influences, which could pose risks to revenue consistency.
High Operational Costs: The shipbuilding industry has high operational and maintenance costs, which can affect profitability, especially in the face of fluctuating raw material prices and labor costs.
GRSE Share Price Target: FAQ
What will be the target of GRSE Share for the year 2025?
By the end of the year 2025, its share price can reach ₹2195.
What will be the target of GRSE Share for the year 2026?
By the end of the year 2026, its share price can reach ₹2305.
What will be the target of GRSE Share for the year 2027?
By the end of the year 2027, its share price can reach ₹2436.
What will be the target of GRSE Share for the year 2028?
By the end of the year 2028, its share price can reach ₹2589.
What will be the target of GRSE Share for the year 2029?
By the end of the year 2029, its share price can reach ₹2840.
What will be the target of GRSE Share for the year 2030?
By the end of the year 2030 its share price can reach ₹3125.
What is the Current market cap of GRSE company?
At present the market cap of this company is ₹ 21,146.30 Cr.
What is the NSE symbol of GRSE company?
The symbol of this company in NSE exchange is GRSE.
What is the BSE symbol of GRSE company?
The symbol of this company in BSE exchange is 542011.
