GRSE shares zoom 14% after Q4 PAT jumps over 2x YoY

Synopsis

Garden Reach Shipbuilders & Engineers (GRSE) announced a significant surge in its Q4FY25 net profit. The company's profit after tax (PAT) rose 118% year-on-year to ₹224 crore. Revenue from operations also grew substantially. GRSE declared a dividend of ₹4.90 per share. The company's Chairman expressed confidence in continued strong performance. GRSE's stock has shown impressive gains over the past year.

Garden Reach Shipbuilders & Engineers (GRSE) shares skyrocketed 14.45% in early trade to their day’s high of Rs 2,191.90 on the BSE on Wednesday, May 14, after the company reported a sharp 118% YoY jump in its Q4FY25 net profit to Rs 224 crore.

This is comparable to Rs 112 crore reported in the corresponding quarter of the previous financial year.

GRSE’s revenue from operations grew 62% year-on-year (YoY) to Rs 1,642 crore from Rs 1,016 crore in the same quarter last year. Meanwhile, the company’s EBITDA jumped 101% to Rs 335 crore, against Rs 166 crore in the corresponding period of the previous fiscal.

Additionally, the company had also declared a total dividend of 138.5% of paid-up share capital against 93.6% in the previous year. The recommended dividend stands at Rs 4.90 per share.

For the entire financial year 2025, GRSE’s PAT rose 48% to Rs 527 crore from Rs 357 crore in FY24. Revenue from operations increased 41% to Rs 5,076 crore from Rs 3,593 crore in the previous fiscal.

The EBITDA, also witnessed growth, standing at Rs 756 crore, up 42% from Rs 534 crore in FY24.

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“Happy to report yet another set of strong numbers. With our strong order book, production maturity of the ongoing projects and order visibility, including in the commercial shipbuilding segment, I am confident of even better performance during the current financial year,” said Cmde Hari PR, IN (Retd), Chairman and Managing Director of GRSE.

GRSE share price performance

Over the past year, the stock of GRSE recorded a 111.08% gain, while the year-to-date (YTD) increase stood at 15.97%. In the last 6 months, the stock rose by 38.29%, with a 35.87% gain over the 3-month period. The past month saw an 18.63% rise in the stock's price.

The shares of GRSE closed 5.2% higher at Rs 1,915.05 on the BSE on Tuesday.

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