Garden Reach Shipbuilders Share Price Target 2025, 2027, 2030, 2040, 2050
Garden Reach Shipbuilders & Engineers Ltd. (GRSE) is a leading public sector enterprise in India, primarily engaged in shipbuilding and engineering for the defense sector.
With decades of experience, GRSE has earned a reputation for delivering high-quality and complex naval vessels, contributing significantly to India’s defense capabilities.
In this article, we will explore share price targets for GRSE for the years 2024, 2025, 2027, 2030, 2040, and 2050, supported by technical and fundamental analysis.
Table of Contents
- 1 Basic Details of Garden Reach Shipbuilders
- 2 About the Company’s Business
- 3 Fundamental Data
- 4 Garden reach shipbuilders & engineers share price: LIVE
- 5 Target Price calculation criteria
- 6 Garden Reach Shipbuilders Share Price Target 2024
- 7 Garden Reach Shipbuilders Share Price Target 2025
- 8 Garden Reach Shipbuilders Share Price Target 2027
- 9 Garden Reach Shipbuilders Share Price Target 2030
- 10 Garden Reach Shipbuilders Share Price Target 2040
- 11 Garden Reach Shipbuilders Share Price Target 2050
- 12 Technical Analysis
- 13 Fundamental Analysis
- 14 Garden Reach Shipbuilders Dividend 2024
- 15 Conclusion
Basic Details of Garden Reach Shipbuilders
| Company Name | Garden Reach Shipbuilders & Engineers Ltd. |
| Business Sector | Shipbuilding and Engineering |
| Stock Symbol | GRSE |
| NSE Listing Status | Listed |
| BSE Listing Status | Listed |
| Official Website | https://grse.in/ |
About the Company’s Business
Garden Reach Shipbuilders & Engineers Ltd. is involved in building warships, patrol vessels, and other specialized vessels for the Indian Navy and Coast Guard. Besides shipbuilding, GRSE manufactures various engineering products, including deck machinery and marine components.
The company’s advanced infrastructure and skilled workforce make it a cornerstone in India’s defense manufacturing ecosystem.
Fundamental Data
- 📊 Market Cap: ₹ 18,449 Cr.
- 💰 Current Price: ₹ 1,610
- 📈 52 Week High: ₹ 2,835 (05-Jul-2024)
- 📉 52 Week Low: ₹ 673 (13-Mar-2024)
- 📊 Stock P/E: 50.2
- 📚 Book Value: ₹ 146
- 💸 Dividend Yield: 0.58%
- 💪 ROCE (Return on Capital Employed): 27.4%
- 📈 ROE (Return on Equity): 22.2%
- 💵 Face Value: ₹ 10.0
Target Price calculation criteria
| Current Price | ₹ 1,610 |
| Current EPS | ₹ 31.19 |
| Avg. EPS | 20.26% |
| PE Ratio | 50.2 |
The projected share price for 2024 reflects anticipated growth driven by ongoing government contracts and an increase in production efficiency.
| Year | Low Approx | High Approx |
|---|---|---|
| 2024 | ₹1,400 | ₹2,000 |
The share price target for 2025 takes into account potential expansion plans, increased defense spending, and the company’s strategic initiatives to capture new markets.
| Year | High Approx |
|---|---|
| 2025 | ₹1882 |
By 2027, GRSE is expected to leverage its technological advancements and higher production rates, leading to an optimistic share price target.
| Year | High Approx |
|---|---|
| 2027 | ₹2723 |
The share price projection for 2030 assumes sustained growth, backed by consistent demand for defense vessels and diversification into newer engineering products.
| Year | High Approx |
|---|---|
| 2030 | ₹4736 |
By 2040, GRSE’s share price could see significant appreciation due to long-term contracts, technological integration, and a well-established position in the defense manufacturing ecosystem.
| Year | High Approx |
|---|---|
| 2040 | ₹29968 |
The long-term share price target for 2050 reflects a matured company with diverse revenue streams, advanced engineering capabilities, and a strong legacy in shipbuilding.
| Year | High Approx |
|---|---|
| 2050 | ₹189613 |
Technical Analysis
The stock chart indicates that Garden Reach Shipbuilders is currently trading within a key range, situated between its 50-day and 200-day Exponential Moving Averages (EMAs). The EMA levels provide insight into the trend direction and potential price movements.
EMA Analysis
- 50-day EMA: ₹1,728.37
- 200-day EMA: ₹1,513.96
The stock’s price behavior suggests a potential for bullish momentum if it sustains above the 50-day EMA. Observing volume patterns and RSI levels can help confirm trend reversals or breakouts.
Fundamental Analysis
GRSE’s financial health and operational efficiency are supported by consistent government contracts and robust revenue growth. The company has maintained a healthy balance sheet with low debt levels, indicating a solid foundation for future growth.
Garden Reach Shipbuilders Dividend 2024
| Ex-Date | Type | Dividend (₹) |
|---|---|---|
| 13-Sep-2024 | Final | 1.44 |
| 23-Feb-2024 | Interim | 7.92 |
Garden Reach Shipbuilders Quarterly Result
In Q2 2024, GRSE reported a revenue of ₹1,083.6 Crores, marking a 31.1% year-on-year growth. The company’s net profit stood at ₹87.2 Crores, supported by efficient cost management and timely completion of key projects. Such results showcase GRSE’s ability to maintain profitability amidst fluctuating market conditions.
Conclusion
Garden Reach Shipbuilders & Engineers Ltd. is a promising investment in India’s defense sector, backed by strong fundamentals and technical indicators.
While external factors like economic conditions and government policies will influence its future price, the long-term outlook remains optimistic, especially for investors focusing on growth over the next two to three decades
