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GRSE Share Price Target 2025, 2026, 2027, 2028, 2030, 2035, 2040

By Suraj Sharma

Published on:

GRSE Share Price Target

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 NameGarden Reach Shipbuilders & Engineers Ltd
HeadquartersKolkata, West Bengal
SectorsShip Building
Market Cap₹ 21,146.30 Cr.
No. of Shares11.46 Cr.
Book Value₹153.70
Dividend Yield0.55%
ROCE28.88%
ROE23.14%
Face Value₹10
Sales Growth40.27%
Profit Growth56.61%

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

  1. Shipbuilding
  2. Ship Repairs
  3. Engineering
  4. Marine Equipment Manufacturing
  5. 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

PARTICULARSMar 2024Jun 2024
Net Sales 1,015.731,009.72
Total Expenditure 925.17953.47
Operating Profit 90.5656.26
Other Income 75.9273.87
Interest 3.264.24
Depreciation 10.4110.44
Exceptional Items 00
Profit Before Tax 152.82115.44
Tax 41.2228.25
Profit After Tax 111.6087.20
Adjusted EPS (Rs) 9.747.61

GRSE Company Profits and Losses

PARTICULARSMar 2023Mar 2024
Net Sales 2,561.153,592.64
Total Expenditure 2,408.193,353.70
Operating Profit 152.95238.94
Other Income 201.84299.62
Interest 10.4016.32
Depreciation 39.1741.33
Exceptional Items 00
Profit Before Tax 305.22480.92
Provision for Tax77.09123.65
Net Profit 228.12357.27
Adjusted EPS (Rs.) 19.9131.19

GRSE Share Price Target 2025-2040

YearInitial TargetYear-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/MonthPredicted 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/MonthPredicted 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/MonthPredicted 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/MonthPredicted 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/MonthPredicted 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/MonthPredicted 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/MonthPredicted Target
January 2035 ₹4250
April 2035 ₹4465
July 2035 ₹4623
October 2035₹4710
December 2035 ₹4995

GRSE Share Price Target 2040

Year/MonthPredicted Target
January 2040 ₹7120
April 2040 ₹7456
July 2040 ₹7780
October 2040₹7850
December 2040 ₹8012

GRSE Shareholding Pattern

TermsPercentage
Promoters74.5%
FIIs3.91%
DIIs3.2%
Others0%
Public18.39%

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.

Suraj Sharma

SK Sharma is a senior content writer with 5 years of experience, having worked with top media outlets like Network 18 and Dainik Bhaskar. He holds a Post Graduate Diploma in English Journalism and currently writes full-time for Techiesk.

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