Close 2026-08-21 1267 scanned A

GRSE

Garden Reach Shipbuilders & Engineers Limited
Capital GoodsLarge capRs 29,801 crRs 113.6 cr traded a dayDefence
Close on 2026-08-21
2,601.50
−0.62%
52-week range56% of the way up
1,972.803,093.80
Market cap
29,801 cr
P/E (TTM)
37.2×
industry 52×
EPS (TTM)
69.89
Revenue YoY
+38.5%
Q1 FY27
Profit YoY
+43.8%
Net margin
9.5%
+0.4pt vs a year ago
Growth trend
+9.5pt
vs last quarter’s YoY
1 month
+1.1%
Below 52w high
18.9%
RSI (14)
52
Daily swing
2.6%
average true range
Volume
0.7×
vs 20-day average
Traded
Rs 114 cr
median day
Close200-day averageMaterial filing
2,0002,5003,000Aug 25Oct 25Dec 25Feb 26Apr 26Jun 26Aug 26
260 sessions · hover for the filing behind a move
1 week
−0.65%
1 month
+1.05%
3 months
−2.29%
6 months
+5.35%
1 year
+2.27%

The read

written from the numbers on this page
The evidence leans constructive6 supporting, 1 against, 1 worth knowing

Supporting

  • trading 2% above its 200-day average
  • up 2% over twelve months
  • matches long tail above — rejected higher, which has beaten the market by +0.39 points over 20 sessions across 16,308 past signals
  • 4 independent kinds of evidence agree today, which is uncommon
  • revenue grew 39% year on year in the quarter ending 2026-06-30
  • priced at 37× earnings against an industry median of 52× — 29% below its peers

Against

  • 1 of the scans it matches has historically underperformed the market

Worth knowing

  • the 50-day and 200-day averages disagree, which usually means a turn in progress rather than a trend to lean on
GRSE sits in Defence — worth checking whether the whole group is moving together or whether this name is doing it alone.
What would change this read: a close below 2,561, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.

What is working, what is not

read from the filings, with the figure behind every line
Working3

Net profit +43.8% year on year, Rs 120 cr to Rs 173 cr.

+43.8%Rs 120 crRs 173 cr

Revenue +38.5% year on year, Rs 1,310 cr to Rs 1,815 cr.

+38.5%Rs 1,310 crRs 1,815 cr

Profit rose year on year in all 4 of the last 4 quarters.

4
Needs watching
Nothing in the filings stands out either way.
Every figure here is computed from the company’s own filings. The wording is generated directly from the figures.

How it has performed

price return over each window, measured against zero
-0.7%1W+1.1%1M-2.3%3M+5.3%6M+2.3%1Y

What the scans say today

6 of 47 matched on 2026-08-21
GRSE matches 6 of the 47 scans today, across 4 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.

Valuation against its own history

500 sessions since 2024-09-06
37×
median 47×
65×
now 37×
GRSE trades at 37× trailing earnings, below its median of 47× over this window — 21% less expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.

Recent filings

from the exchange, newest first
Results filings were typically -0.52pt vs the market over the next 5 sessions (n=7,520) · Analyst call filings were typically +0.14pt vs the market over the next 5 sessions (n=3,352) · Order win filings were typically +0.20pt vs the market over the next 5 sessions (n=408)

The business

from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
1.2k1.3k1.6k1.3k1.7k1.9k2.1k1.8k8.5%7.7%14.9%9.5%Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.

Going for it

  • revenue grew 39% against the same quarter a year earlier
  • profit rose 44% year on year
  • revenue rose in 3 of the last 4 quarters

Going against it

  • net margin narrowed from 14.3% to 9.5%
Quarter-by-quarter numbers, as filed
QuarterRevenueProfit before taxNet profitEPSNet margin
Q1 FY27
2026-06-30 · standalone
1,81523217315.099.5%
Q4 FY26
2026-03-31 · standalone
2,11941130326.4714.3%
Q3 FY26
2025-12-31 · standalone
1,89621817114.919.0%
Q2 FY26
2025-09-30 · standalone
1,67720915413.439.2%
Q1 FY26
2025-06-30 · standalone
1,31016712010.499.2%
Q4 FY25
2025-03-31 · standalone
1,64232424421.3214.9%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.

Where the price stands

the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-2.0%
Versus 200-day average+1.6%
Below 52-week high-15.9%
Above 52-week low+31.9%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)52.2
Higher closes in last 51 of 5
Six-month return+5.35%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)2.64%
Volume versus 20-day0.7x
Median daily turnoverRs 113.6 cr

Peers

Capital Goods · 107 classified companies
GRSE trades at 37.2× trailing earnings against an industry median of 52.1× across 102 other classified companies in its industry — cheaper than them, by 29%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
CompanyMarket cap (Rs cr)P/E1 month1 yearTurnover (Rs cr)
HAL334,39035.9+8.87%+12.32%347.4
BEL302,62649.2+2.13%+9.93%436.2
ABB157,31552.7−1.38%+44.21%154.7
POWERINDIA152,487132.6+6.63%+81.72%356.0
BHEL143,80959.1+0.83%+92.03%279.6
CUMMINSIND141,58059.8−8.78%+33.48%197.5
SIEMENS139,55235.2+6.34%+22.87%102.3
CGPOWER136,552110.1−1.90%+17.22%192.6
POLYCAB135,05946.5+0.35%+24.90%234.3
ENRIN122,30782.2+3.27%−2.55%133.9
GVT&D105,67781.0−4.65%+49.92%461.2
GRSE29,80137.2+1.05%+2.27%113.6
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet

Recent sessions

what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.
SessionScansWhich
2026-08-182Back above the 200-day line, Bullish engulfing