Rs 23,887 Crore Order Book: Defence Shipbuilding Company Scaling New Heights; Records Highest‐Ever Revenue & Profit in FY25 and Declares Rs 4.90/Share Dividend
The stock has delivered multibagger returns of over 100 per cent from its 52-week low and a whopping 1,275 per cent in 5 years.
Garden Reach Shipbuilders & Engineers (GRSE) has announced remarkable financial results for FY25, achieving its highest-ever revenue and profit. The company's total income reached Rs 5,411 crore, marking a substantial 39 per cent growth compared to the Rs 3,892 crore recorded in FY24. Revenue from operations also saw a significant surge, climbing to Rs 5,076 crore in FY25 from Rs 3,593 crore in the previous year, representing a 41 per cent increase. Profit After Tax (PAT) witnessed an impressive 48 per cent growth, rising to Rs 527 crore in FY25 from Rs 357 crore in FY24.
The fourth quarter of FY25 also demonstrated exceptional performance for GRSE. Revenue from operations in Q4FY25 stood at Rs 1,642 crore, a notable 62 per cent increase from the Rs 1,016 crore reported in Q4FY24. Furthermore, the Profit After Tax (PAT) in Q4FY25 soared to Rs 244 crore, exhibiting an extraordinary growth of 118 per cent compared to the Rs 112 crore in Q4FY24. The Board of Directors has recommended a final dividend of Rs 4.90 per equity share for FY25, bringing the total dividend to 138.5 per cent of the paid-up share capital, a significant rise from the 93.6 per cent declared in the previous year.
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Garden Reach Shipbuilders & Engineers Ltd (GRSE), a Schedule ‘A’ Mini Ratna Category I Company, is a premier Indian warship builder with a rich history dating back to 1884. This Ministry of Defence undertaking has built over 790 platforms, including 110 warships for the Indian Navy, Coast Guard, and foreign navies. From India's first warship, the SDB INS Ajay, to its first export warship, the CGS Barracuda, GRSE's capabilities span a wide range of vessels, including frigates, corvettes, survey vessels, and fast attack craft. The shipyard's commitment to excellence and quality is reflected in its numerous accolades and ongoing infrastructure modernisation.
FIIs bought 1,57,514 shares & DIIs bought 32,672 shares and increased their stake to 3.85 per cent and 1.90 per cent, respectively, in March 2025 compared to December 2024. The President of India’s portfolio owns 8,53,41,240 shares or 74.50 per cent stake in the company as of March 2025. The order book as of December 31, 2024, stands at Rs 23,877 crore. The stock has delivered multibagger returns of over 100 per cent from its 52-week low and a whopping 1,275 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.