GRSE Share Price: If you are interested in investing in defence shares, then in today’s article we will learn about GRSE share price prediction from 2024 to 2030 and analyze them in detail because it can perform very well in the coming time. With the help of this analysis, you can plan your investment in a better way.
GRSE (Garden Reach Shipbuilders & Engineers Ltd.)
It is an Indian Premier Shipbuilding Company that specializes in the construction of advanced warships, patrol vessels and engineering services. The company mainly manufactures defence items for the Indian Navy and Coast Guard. The company was started in the year 1884 and is headquartered in the city of Kolkata. It has played an important role in the maritime defence sector of India.
| Company Name | GRSE Ltd |
| Founded | 1884 |
| Headquarters | Kolkata, West Bengal |
| Industry/Sector | Defense and Commercial Sectors |
| Founder | Cmde PR Hari, IN (Retd.) |
| CEO/MD | Cmde PR Hari, IN (Retd.) |
| Stock Exchange Listing | NSE & BSE |
| Official Website | grse.in |
GRSE Ltd Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹20,220 Cr. |
| ROE | 21.35% |
| ROCE | 9.45% |
| P/E | 54.97 |
| P/B | 12.08 |
| Industry P/E | 50.14 |
| Debt to Equity | 0.04 |
| Div. Yield | 0.53% |
| Book Value | ₹146.09 |
| Face Value | ₹10 |
| EPS (TTM) | ₹32.11 |
| 52 Week High | ₹2,833.80 |
| 52 Week Low | ₹648.30 |
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GRSE Ltd Financials
Income Statement
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Revenue | 35.93B | +40.27% |
| Operating expense | 4.84B | +11.97% |
| Net income | 3.57B | +56.61% |
| Net profit margin | 9.94 | +11.56% |
| Earnings per share | 31.19 | +56.65% |
| EBITDA | 2.38B | +58.68% |
| Effective tax rate | 25.71% | — |
Balance Sheet
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Cash & short-term investment | 33.74B | -18.40% |
| Total assets | 102.52B | -4.86% |
| Total liabilities | 85.78B | -8.37% |
| Total equity | 16.73B | — |
| Shares outstanding | 114.55M | — |
| Price to Book | 12.08 | — |
| Return on assets | 1.19% | — |
| Return on Capital | 7.23% | — |
Cash Flow
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Net income | 3.57B | +56.61% |
| Cash from operations | -7.07B | -148.74% |
| Cash from investing | 10.56B | +163.36% |
| Cash from financing | -3.58B | -262.27% |
| Net change in cash | -87.16M | -303.97% |
| Free cash flow | -6.69B | -259.60% |
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GRSE Share Price Target From 2024 to 2030
| Year | Share Price Target |
|---|---|
| 2024 | ₹1900.00 |
| 2025 | ₹2003.03 |
| 2026 | ₹2203.00 |
| 2027 | ₹2540.00 |
| 2028 | ₹2953.60 |
| 2029 | ₹3500.10 |
| 2030 | ₹4003.60 |
GRSE Share Price Target 2024
GRSE Share Price Target can reach 1900.00 INR in 2024. It is working to complete its project on time so that it can increase the profitability of its company and also increase its market size in the defence industry.
GRSE Share Price Target 2025
GRSE Share Price Target can reach 2003.03 INR in 2025. The company knows that the government wants it to modernize the defence sector within India, so it wants to boost its defence sector through the Make in India initiative.
GRSE Share Price Target 2026
GRSE’s Share Price Target is expected to rise to 2203.00 INR by 2026. GRSE has the capability to design and build advanced warships using indigenous technology. Seeing the strong technical expertise of this company, it gets more and more defence projects.
GRSE Share Price Target 2027
GRSE is expected to reach its share price target of 2540.00 INR in 2027. GRSE is also getting strong backing from the government, due to which a good increase can be seen in the stability and operational efficiency of the company. The government is reducing its defence project’s dependence on foreign countries so that it can increase exports within defence in India. Therefore, the company has more and more opportunities to increase its profit margin, due to which it can show very good performance in the coming times.
GRSE Share Price Target 2028
By 2028, GRSE’s share price target can increase to 2953.60 INR. If we look at GRSE’s consistent finance sales growth, both their revenue and profitability are increasing. Along with this, seeing the strong balance sheet of the company, low debt and cash reserve flow, investors also have a lot of confidence in the company, so investors want to invest their money in this company, due to which the share price of the company can go up.
GRSE Share Price Target 2029
By 2029, the share price target of GRSE can be 3500.10 INR. New technology is entering GRSE and along with that, focus is also being put on automation and advanced ship design. Operational efficiency is being improved in the company and production cost is also being reduced within the company.
GRSE Share Price Target 2030
By 2030, GRSE’s share price target can increase to 4003.60 INR. Looking at its growing potential, GRSE is also entering the international shipbuilding market and wants to increase more expertise and production capacity within its company. Along with this, it is looking for a country that can buy vessels through this company, so that the company’s revenue can be boosted and at the same time its stock price can increase in the market.
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GRSE Ltd Shareholding Pattern
- Retail & Other: 19.98%
- Promoters: 74.50%
- Foreign Institution: 3.65%
- Mutual Funds: 1.61%
- Other Domestic Institution: 0.26%
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GRSE Ltd Competitors/Peer Companies
- Mazagon Dock Shipbuilders
- Cochin Shipyard
- Knowledge Marine
- Reliance Naval & Engineering
- VMS Industries
- Hariyana Ship Breakers
- Laxmipati Engineering Works
- Inducto Steels
- Garware Marine Industries
- Bharati Defence
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Conclusion
So if you are thinking of making long-term investments, then the GRSE Share Price Target 2024 to 2030 mentioned in the blog are going to be very useful for you. Due to the Make in India initiative, the demand for the defence sector is going to increase a lot in the coming days.
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FAQs
Is Garden Reach a good buy?
Yes.
Is Garden Reach overvalued or undervalued?
Yes, it almost debt free.
Disclaimer: The information given in this blog is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.
