Garden Reach Shipbuilders & Engineers : Down 30% from top
Garden Reach Shipbuilders & Engineers Limited (GRSE): PAT FY25 growth of 48% (Y‐o‐Y).
- FY25 Compared with FY24:
- Total Income for the FY25 stood at ₹5,411 Crore against ₹3,892 Crore in FY24 with growth of 39% (Y‐o‐Y).
- Revenue from Operation has increased to ₹5,076 Crore in FY25 from ₹3,593 Crore in FY24, registering a growth of 41% (Y‐o‐Y).
- The Earnings before Interest, Tax, Depreciation and Amortization stands at ₹756 Crore in FY25, as against ₹534 Crore in FY24, with an increase of 42%. Profit Before Tax (PBT) is ₹703 Crore for FY25 as compared to ₹481 Crore in FY24, registering a growth of 46% (Y‐o‐Y)
- Profit After Tax (PAT) is ₹527 Crore in FY25 as against ₹357 Crore in FY24, registering a growth of 48% (Y‐o‐Y).
- Earnings per share (EPS) for FY25 is ₹46.04, against ₹31.19 in FY24.
- Company has declared total dividend @ 138.5% of Paid‐up Share Capital against 93.6% of previous year.
- About Garden Reach Shipbuilders & Engineers Ltd BSE: 542011 NSE: GRSE (www.grse.in) The journey of Garden Reach Shipbuilders & Engineers Ltd., a Defence Public Sector Undertaking, under the administrative control of Ministry of Defence, and a Schedule ‘A’ Mini Ratna Category I company, dates back to 1884 when it started its journey as a small workshop to repair vessels of River Steam Navigation Company. The Company was taken over by the Government of India in 1960. GRSE has the distinction of becoming the first shipyard of independent India to build a warship for Indian Navy, the Seaward Defence Boat (SDB) INS Ajay, way back in 1961. GRSE also built the first ever Indian Export Warship “CGS Barracuda” for Govt. of Mauritius, a Fast Patrol Vessel “SCG PS Zoroaster” for Seychelles and an Ocean‐Going Cargo & Passenger Ferry Vessel “MV Ma Lisha” for Cooperative Republic of Guyana. The shipyard was conferred the status of a Miniratna Category I Company in 2006. GRSE is the only Indian Shipbuilder to have four distinct shipyards as an unique infrastructure advantage. GRSE has built 800 platformsincluding 111 warshipsforIndian Navy, Indian Coast Guard, and friendly foreign countries ‐ highest warships built & delivered by any Indian shipyard till date. From Frigates, Corvettes, Fleet Tankers, Landing Ship Tank, Landing Craft Utility to Survey Vessels, Offshore Patrol Vessels and Fast Attack Craft ‐ the repertoire is rich and varied. In addition to shipbuilding & ship repair, GRSE is also engaged in engine production and other engineering activities. The engineering division manufactures deck machinery items, pre‐ fabricated portable steel bridges and marine pumps. Noteworthy accolades include Raksha Mantri Award 2022 in Designing the most silent ship for Indian Navy for ASW operation, Defence Minister’s Award for Excellence for In‐house Design Effort for Offshore Patrol Vessel for Government of Mauritius, CGS Barracuda, Best Performing Defence Shipyard of India for Four Years in a row. GRSE embraced infrastructure modernization over past decades and can undertake concurrent construction of 24 ships at a time. Team of highly skilled design engineers and state of art VR Lab & latest software aid in the in‐house design capabilities. With proven credentials, the shipyard is on a growth path, reaffirming its motto “In Pursuit of Excellence and Quality in Shipbuilding.
https://youtu.be/nXaqrcbjoGU?si=YvWwOb4scvCaDNkJ
- Garden Reach Shipbuilders & Engineers : Down 30% from top
- GRSE is a premier shipbuilding company in India under the administrative control of the Ministry of Defence, primarily serves the shipbuilding requirements of the Indian Navy and the Indian Coast Guard.
- As a diversified, profit-making, and dividend paying company, GRSE holds the distinction of being the first shipyard in the country to export warships and has delivered over 100 warships to the Indian Navy and Coast Guard
- Market capitalisation touched an all-time high at `25,000 crore, reflecting the abiding trust and confidence of our shareholders
- At a Global level, there is a strong demand from Europe and the Middle East for various types of vessels including Short Sea Ships, Offshore Support Vessels, Wind Farm Support Vessels, Product Tankers etc
- Order book position is healthy, which as of 31 March 24, stood at `22,652 crore
- Currently building 18 warships for the Indian Navy, and delivering these vessels to the satisfaction of customer is of utmost priority
- MoU for production, sale, and service of medium-speed engines for the Indian Navy and Coast Guard with M/s Caterpillar Inc., and a license agreement with M/s Rolls-Royce for the production and localisation of MTU Series 4000 Marine Engines, enhancing manufacturing capabilities at Diesel Engine Plant in Ranchi, are significant efforts that are expected to bring critical marine propulsion technology to the country
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