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Garden Reach Shipbuilders & Engineers LimitedInvestor Meet, 11-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

11-08-2026 | 04:19 pm

GRSE reported strong Q1 FY27: total income rose 38% YoY to ₹1,914 crore, PAT increased 44% to ₹173 crore, and EPS grew 44% to ₹15.09. The order book of ₹13,596 crore reflects excellent execution. Key achievements include Navratna status and new orders for four Platform Support Vessels and an electric tug. Management expects the high-value Next-Generation Corvette contract soon, with revenue from FY28. Significant brownfield and greenfield expansions are underway to build larger commercial vessels. GRSE is ready for autonomous platforms and committed to indigenization. Outlook is confident, anticipating substantial defense and commercial opportunities.

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