{"id":25219,"date":"2026-04-29T14:28:01","date_gmt":"2026-04-29T08:58:01","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=25219"},"modified":"2026-04-29T14:28:01","modified_gmt":"2026-04-29T08:58:01","slug":"grse-q4-profit-rises-24-to-rs-303","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/grse-q4-profit-rises-24-to-rs-303\/","title":{"rendered":"GRSE Q4 Profit Rises 24% to Rs.303 Crore, Stock Surges 15%"},"content":{"rendered":"<p data-section-id=\"1f0rdki\" data-start=\"479\" data-end=\"553\">GRSE Shares Jump on Earnings Beat as Revenue Climbs 29% to \u20b92,119 Crore<\/p>\n<p data-start=\"555\" data-end=\"795\">Shares of <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Garden Reach Shipbuilders &amp; Engineers Ltd<\/span><\/span> rose as much as 15% on the NSE on April 29 after the company reported Q4 FY26 net profit of \u20b9303 crore, up 24% year-on-year, according to exchange data.<\/p>\n<p data-start=\"797\" data-end=\"1017\">The company also reported revenue from operations of \u20b92,119 crore, up 29% from \u20b91,642 crore in the same quarter last year, reflecting strong execution across defence contracts.<\/p>\n<p data-start=\"1019\" data-end=\"1110\">At around 12:10 pm, the stock was trading near \u20b93,111, up about 8% after the initial surge.<\/p>\n<p data-start=\"1327\" data-end=\"1520\"><span style=\"color: #0000ff;\">Also Check<\/span> :<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><a href=\"https:\/\/www.niftytrader.in\/nifty50-contributors\">Nifty 50<\/a><\/li>\n<li><a href=\"https:\/\/www.niftytrader.in\/nifty-bank-contributors\">Bank Nifty<\/a><\/li>\n<li><a href=\"https:\/\/www.niftytrader.in\/stocks-price\/bse\">Sensex<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2 data-section-id=\"patlq5\" data-start=\"1112\" data-end=\"1195\">EBITDA Growth of 27% and Dividend of \u20b96.7 Highlight Strong Financial Performance<\/h2>\n<p data-start=\"1197\" data-end=\"1368\">GRSE reported EBITDA of \u20b9426 crore, up 27.3% YoY from \u20b9335 crore, indicating stable operating margins alongside revenue growth.<\/p>\n<p data-start=\"1370\" data-end=\"1442\">The board recommended a final dividend of \u20b96.7 per share for FY26.<\/p>\n<p data-start=\"1444\" data-end=\"1627\">Cmde PR Hari (Retd), Chairman and Managing Director, said, <em data-start=\"1503\" data-end=\"1587\">\u201cWe delivered eight warships during FY26, reflecting strong execution capability.\u201d<\/em><\/p>\n<p data-start=\"1444\" data-end=\"1627\"><span style=\"color: #0000ff;\">Read More<\/span> : <a href=\"https:\/\/www.niftytrader.in\/markets\/eternal-q4-profit-jumps-71-to-rs\/\">Eternal Q4 Profit Jumps 71% to Rs.174 Crore as Blinkit NOV Surges 95%<\/a><\/p>\n<h2 data-section-id=\"1gwdw8c\" data-start=\"1629\" data-end=\"1685\">Defence Stocks Gain as GRSE Results Lift Sector Peers<\/h2>\n<p data-start=\"1687\" data-end=\"1752\">The earnings-driven rally extended to other defence shipbuilders:<\/p>\n<ul data-start=\"1754\" data-end=\"1851\">\n<li data-section-id=\"1y8v5bd\" data-start=\"1754\" data-end=\"1802\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Mazagon Dock Shipbuilders Ltd<\/span><\/span>: +3.5%<\/li>\n<li data-section-id=\"196yiw8\" data-start=\"1803\" data-end=\"1851\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Cochin Shipyard Ltd<\/span><\/span>: +2.5%<\/li>\n<\/ul>\n<p data-start=\"1853\" data-end=\"1944\">The Nifty India Defence index rose 1.4%, marking gains in six of the last seven sessions.<\/p>\n<p data-start=\"1946\" data-end=\"1990\">Shipping-related stocks also moved higher:<\/p>\n<ul data-start=\"1991\" data-end=\"2133\">\n<li data-section-id=\"1b2962f\" data-start=\"1991\" data-end=\"2037\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Great Eastern Shipping Company<\/span><\/span>: +6%<\/li>\n<li data-section-id=\"1js0ga4\" data-start=\"2038\" data-end=\"2086\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Shipping Corporation of India<\/span><\/span>: +2.1%<\/li>\n<li data-section-id=\"5e08xf\" data-start=\"2087\" data-end=\"2133\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Seamec Ltd<\/span><\/span>: +2%<\/li>\n<\/ul>\n<h2 data-section-id=\"x8vly5\" data-start=\"2135\" data-end=\"2204\">Order Book of Over \u20b925,000 Crore Anchors Future Revenue Visibility<\/h2>\n<p data-start=\"2206\" data-end=\"2425\">GRSE reported an order book exceeding \u20b925,000 crore, as per its latest investor presentation and exchange disclosures, driven by ongoing Indian Navy shipbuilding programmes.<\/p>\n<p data-start=\"2427\" data-end=\"2568\">Execution of this order pipeline, along with delivery of eight warships in FY26, provides visibility for revenue growth over the medium term.<\/p>\n<h2 data-section-id=\"atdocl\" data-start=\"2570\" data-end=\"2639\">Valuation Comparison Shows GRSE Trading Near Sector Premium Levels<\/h2>\n<p data-start=\"2641\" data-end=\"2760\">At the current price of around \u20b93,100, GRSE is trading at an estimated P\/E of 32\u201335x based on trailing earnings.<\/p>\n<p data-start=\"2762\" data-end=\"2815\">Peer comparison indicates similar valuation levels:<\/p>\n<ul data-start=\"2816\" data-end=\"2947\">\n<li data-section-id=\"gqfbs\" data-start=\"2816\" data-end=\"2947\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Mazagon Dock Shipbuilders Ltd<\/span><\/span> trades at approximately 30\u201334x P\/E, based on recent market prices and earnings data<\/li>\n<\/ul>\n<p data-start=\"2949\" data-end=\"3024\">This places GRSE within the upper valuation range among defence PSU stocks.<\/p>\n<h2 data-section-id=\"q1vmql\" data-start=\"3026\" data-end=\"3079\">FAQs Investors Are Searching After GRSE Q4 Results<\/h2>\n<p data-start=\"3081\" data-end=\"3143\">What is GRSE Q4 net profit 2026?<br data-start=\"3117\" data-end=\"3120\" \/>\u20b9303 crore, up 24% YoY.<\/p>\n<p data-start=\"3145\" data-end=\"3201\">What is GRSE Q4 revenue?<br data-start=\"3173\" data-end=\"3176\" \/>\u20b92,119 crore, up 29% YoY.<\/p>\n<p data-start=\"3203\" data-end=\"3288\">What is GRSE\u2019s order book value?<br data-start=\"3239\" data-end=\"3242\" \/>Over \u20b925,000 crore as per company disclosures.<\/p>\n<p data-start=\"3290\" data-end=\"3388\">Why did GRSE shares rise 15%?<br data-start=\"3323\" data-end=\"3326\" \/>Strong earnings growth, EBITDA expansion, and sector momentum.<\/p>\n<p data-start=\"3390\" data-end=\"3496\">Is GRSE stock expensive after the rally?<br data-start=\"3434\" data-end=\"3437\" \/>The stock trades at 32\u201335x P\/E, in line with sector peers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GRSE Shares Jump on Earnings Beat as Revenue Climbs 29% to \u20b92,119 Crore Shares of Garden Reach Shipbuilders &amp; Engineers Ltd rose as much as 15% on the NSE on April 29 after the company reported Q4 FY26 net profit of \u20b9303 crore, up 24% year-on-year, according to exchange data. The company also reported revenue [&hellip;]<\/p>\n","protected":false},"author":4,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1331],"class_list":{"0":"post-25219","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1331,"user_id":4,"is_guest":0,"slug":"sourabh","display_name":"Sourabh Sharma","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/11\/Sourabh-Sharma.png","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/11\/Sourabh-Sharma.png"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/25219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=25219"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/25219\/revisions"}],"predecessor-version":[{"id":25221,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/25219\/revisions\/25221"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/25220"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=25219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=25219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=25219"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=25219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}