Garden Reach Shipbuilders & Engineers Ltd

Garden Reach Shipbuilders & Engineers Results Update

GRSE's Q2 FY27 revenue rose 9% to Rs 1,827 Cr, with PAT up 12%. H1 revenue grew 22%, backed by vessel launches and infrastructure projects.

Garden Reach Shipbuilders & Engineers Q2 FY27 Results: Net Profit ₹172 Cr, Up 11.8% YoY

Garden Reach Shipbuilders & Engineers Ltd reported revenue from operations of ₹1,827 Cr (+8.9% YoY) and net profit of ₹172 Cr (+11.8% YoY) for Q2 FY27.

Key figure

Net profit ₹172 Cr · +11.8% YoY

Garden Reach Shipbuilders & Engineers Bags ₹32,000 Cr Order from Indian Navy

GRSE signed a contract with the Indian Navy for five Next Generation Corvettes, valued at about ₹32,000 crore. The win strengthens its defence order book.

Value

₹32,000 Cr

From

Indian Navy (Ministry of Defence, Government of India)

Garden Reach Shipbuilders & Engineers Management Change

GRSE appointed Shri Laishram Meenabanta Singh as Part-time Non-Official Independent Director w.e.f. 02 Nov 2026. The term is three years, as per Ministry of Defence order.

Garden Reach Shipbuilders & Engineers Board Meeting Date

GRSE rescheduled its board meeting from 04 Nov to 11 Nov 2026 to approve Q1/H1 FY27 unaudited results. Trading window extended to 13 Nov 2026.

Garden Reach Shipbuilders & Engineers Board Meeting Date

Garden Reach Shipbuilders will hold a board meeting on 4 November 2026 to consider unaudited results for the quarter and half year ended 30 September 2026. The trading window stays closed from 1 October to 6 November 2026.

Garden Reach Shipbuilders & Engineers Management Change

Garden Reach Shipbuilders & Engineers Ltd appointed Shri Dharminder Kumar as a Part-time Non-Official Independent Director on its Board, effective from October 16, 2026.

Garden Reach Shipbuilders & Engineers Other Announcement

Garden Reach Shipbuilders & Engineers Ltd has filed its quarterly shareholding pattern as mandated by SEBI regulations. This routine disclosure provides the latest promoter and public holding.

Garden Reach Shipbuilders & Engineers Management Change

GRSE appointed two new Independent Directors via a MoD letter. The appointments are effective from their DIN allotment date.

Garden Reach Shipbuilders & Engineers Annual General Meeting

Garden Reach Shipbuilders held its 110th Annual General Meeting. Resolutions included financial statement adoption, dividend declarations, and several director appointments.

Garden Reach Shipbuilders & Engineers Other Announcement

Garden Reach Shipbuilders & Engineers Ltd announced the appointment of M/s. S K Agrawal and Co. as Statutory Auditors. The appointment for FY 2026-27 follows C&AG direction.

Execution

FY 2026-27

Garden Reach Shipbuilders & Engineers Capacity Expansion: ₹2,896 Cr Investment

Garden Reach Shipbuilders & Engineers Ltd has approved a capital budgetary outlay of ₹2,896 crore to construct a new Greenfield Shipyard at Raichak for capacity enhancement.

Value

₹2,896 Cr

Garden Reach Shipbuilders & Engineers Dividend

Garden Reach Shipbuilders & Engineers Ltd. has fixed 18th September, 2026, as the record date for the final dividend for the financial year 2025-26.