Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Aerospace & Defense

Garden Reach Shipbuilders & Engineers Limited engages in the design and construction of war ships in India. The company offers frigates, anti-submarine warfare corvettes, missile corvettes, landing ship tanks, landing craft utilities, survey vessels, fleet replenishment tankers, fast patrol vessels, offshore patrol vessels, inshore patrol vessels, water jet fast attack crafts, anti-submarine warfare shallow water crafts, electric ferries, ocean going passenger and cargo ferry vessels, hovercrafts, and fast interceptor boats to the Indian Navy, Indian Coast Guard, and other governments. It also provides autonomous underwater vehicles, unmanned surface and aerial vessels, and naval surface guns. In addition, the company offers portable bridges; and deck machinery equipment, such as anchor capstan, anchor windlass, mooring and dock capstan, general purpose davits, ammunition davits, electric boat and electro-hydraulic boat davits, survey motor boat and hydrographic davits, oceanographic winch, anchor cum general purpose winches for beaching operations, helicopter traversing systems, etc. Further, it engages in the assembling, overhauling, and testing of marine diesel engines, as well as provides dry docking and afloat maintenance, refit, and repair services for defence and commercial ships. Garden Reach Shipbuilders & Engineers Limited was founded in 1884 and is based in Kolkata, India.

Revenue projections:

Revenue projections for GRSE
Revenue projections for GRSE

Investors may react cautiously to news that Garden Reach Shipbuilders & Engineers Limited's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.

Financial Ratios:

currentRatio 1.23400
forwardPE 32.38095
debtToEquity 1.42400
earningsGrowth 0.24200
revenueGrowth 0.29100
grossMargins 0.19424
operatingMargins 0.16153
trailingEps 60.22000
forwardEps 84.00000

GRSE's current ratio of 1.234 shows that the company has ample resources to service its short-term debt. This indicates a solid financial position, as GRSE can rely on its cash reserves and current assets to cover its immediate liabilities without strain.
GRSE's positive growth in earnings and revenue suggests the company is on track to expand its business. These indicators highlight a healthy financial performance, with GRSE expected to increase its market presence and profitability.
GRSE's forward EPS being higher than its trailing EPS indicates that the company is expected to achieve greater profitability this financial year. This suggests improving earnings and a stronger financial position compared to the previous year's performance.

Price projections:

Price projections for GRSE
Price projections for GRSE

GRSE's stock price has consistently been near the lower edge of expected values, indicating potential struggles in meeting growth projections. This trend may reflect a cautious market sentiment toward the company.

Recommendation changes over time:

Recommendations trend for GRSE
Recommendations trend for GRSE


Analysts' recent buy bias toward GRSE suggests the stock is gaining favor as a strong investment choice. This optimism could drive more investors to see GRSE as a smart place to invest, further bolstering confidence in the company's long-term growth and potential returns.