Garden Reach Shipbuilders & Engineers Ltd
This has reference to our letter dated 29 Jul 2026 on the subject matter of "Unaudited Financial Results for the Quarter Ended 30th Jun 2026 - Reg 30".
We are enclosing herewith a copy ....
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 29 Jul 2026, 04:32 PM IST · BSE ID: 7d90413a-9c2f-4ec9-b14d-25a90d68a5d9
View Original BSE Filing (PDF)
💡
In Simple Terms
GRSE saw its revenue and profit grow significantly in the first quarter of fiscal year 2027 compared to the previous year.
🤖 AI Summary
- GRSE reported Q1 FY27 Revenue of Rs 1814.62 Cr, marking a 38.53% increase over Q1 FY26.
- Profit After Tax (PAT) for Q1 FY27 increased by 43.83% to Rs 172.84 Cr.
- Total Income for the quarter ended 30 Jun 2026 stood at Rs 1914.18 Cr, up 38.47% YoY.
- Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) reached Rs 248.79 Cr.
- Earnings Per Share (EPS) for Q1 FY27 was Rs 15.09, reflecting a 43.83% rise.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total Income
1914.18 Rs. Cr
38.47%
Revenue
1814.62 Rs. Cr
38.53%
EBITDA
248.79 Rs. Cr
34.88%
🏢 How This Affects the Company
The sustained growth in revenue reflects strong order execution and potentially higher demand for shipbuilding and related engineering services from defense and export markets.
The increase in Profit After Tax and EBITDA indicates improved profitability and operational efficiency for the quarter, enhancing earnings per share.
Management's focus on aggressive business development, marketing, bidding strategy, and greenfield/brownfield expansion signals efforts to scale capacity and secure future orders.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, specifically the 43.83% increase in EPS to Rs 15.09 per share for Q1 FY27.
🔍
Management Signal
Management is focused on maintaining growth momentum through aggressive business development, expanding capacity via greenfield and brownfield projects, and leveraging new technology, including AI in shipbuilding.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — check for sustained revenue and profit growth.
Updates on new domestic and export order wins and their values.
Progress reports on greenfield and brownfield capacity expansion projects.
LOW RISK
The filing reports strong financial performance with positive growth across key metrics.
💡 Investor Takeaway
Garden Reach Shipbuilders & Engineers Ltd reported Q1 FY27 revenue of Rs 1814.62 Cr, up 38.53% year-over-year, and PAT of Rs 172.84 Cr, a 43.83% increase from Q1 FY26. This confirms strong financial performance for the quarter.
⚖️ Strengths & Concerns
✅ Positives
- Revenue increased by 38.53% to Rs 1814.62 Cr in Q1 FY27, indicating robust business expansion and order execution.
- Profit After Tax (PAT) rose by 43.83% to Rs 172.84 Cr in Q1 FY27, demonstrating enhanced profitability and operational leverage.
📅 Company Track Record
Garden Reach Shipbuilders & Engineers Ltd was taken over by the Government of India in 1960. It built India's first warship, INS Ajay, in 1961 and has delivered 118 warships to date. The company achieved Navratna status recently.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Garden Reach Shipbuilders & Engineers Ltd's revenue in Q1 FY27?
Garden Reach Shipbuilders & Engineers Ltd's revenue for Q1 FY27 was Rs 1814.62 Cr, representing a 38.53% growth over Q1 FY26.
What was the Profit After Tax (PAT) for GRSE in Q1 FY27?
The Profit After Tax (PAT) for GRSE in Q1 FY27 was Rs 172.84 Cr, which is a 43.83% increase compared to Q1 FY26.
How much did GRSE's Total Income increase in Q1 FY27?
GRSE's Total Income for Q1 FY27 increased by 38.47% to Rs 1914.18 Cr, up from Rs 1382.42 Cr in Q1 FY26.
What was the Earnings Per Share (EPS) for Garden Reach Shipbuilders & Engineers Ltd in Q1 FY27?
The Earnings Per Share (EPS) for Garden Reach Shipbuilders & Engineers Ltd in Q1 FY27 was Rs 15.09, showing a 43.83% increase from Rs 10.49 in Q1 FY26.
Questions based on this BSE filing only. For information purposes.