GRSE.NSE

Garden Reach Shipbuilders & Engineers Ltd.

… of the world's cargo carrying tonnage is covered by … institutions, including Mazagaon Dock Shipbuilders Ltd, Garden Reach Shipbuilders & Engineers Ltd … , Hindustan Shipyard Ltd, and the National Shipping Board …

Indian defence shares surged Tuesday following fresh geopolitical concerns. US President Donald Trump's remarks on NATO stability and global security dynamics fueled the rally. Companies like Garden Reach Shipbuilders & Engineers and Mazagon Dock Shipbuilders saw significant gains. Strong domestic fundamentals, including a growing defence budget and government initiatives for self-reliance, also support the sector.

Indian defence shares surged Tuesday following fresh geopolitical concerns. US President Donald Trump's remarks on NATO stability and global security dynamics fueled the rally. Companies like Garden Reach Shipbuilders & Engineers and Mazagon Dock Shipbuilders saw significant gains. Strong domestic fundamentals, including a growing defence budget and government initiatives for self-reliance, also support the sector.

Kolkata: Defence PSU Garden Reach Shipbuilders and Engineers Ltd (GRSE) on Monday delivered three frontline platforms to the Indian Navy, marking a significant milestone for indigenous defence...

Kolkata: Defence PSU Garden Reach Shipbuilders and Engineers Ltd (GRSE) on Monday delivered three frontline platforms to the Indian Navy, marking a significant milestone for indigenous defence...

In this briefing: Garden Reach Shipbuilders: India's Warship Builder Enters Its Orderbook Supercycle MEC CO., LTD (4971 JP): RESEARCH UPDATE Primer: Venture Corp (VMS SP) - Mar 2026 What's news in Amsterdam - 10 March (Shell Oryzon Genomics — Refreshed outlook with near-term catalysts 1. Garden Reach Shipbuilders: India's Warship Builder Enters Its Orderbook Supercycle Garden Reach Shipbuilders & Engineers (GRSE IN), India's premier warship builder with 115 warships delivered, is a direct play on the country's accelerating naval modernisation and Aatmanirbhar Bharat shipbuilding mandate. With NGC signing expected in FY26 and smaller incremental orders, the orderbook could reach INR 40,000-50,000 cr by FY27 from current 18500 Cr, supporting a 22-26% revenue CAGR through FY28. Key risks include NGC contract signing delays, fixed-price margin pressure on long-duration defence projects, and a potential revenue gap post-FY27 if new orders are not formalised in time. 2. MEC CO., LTD (4971 JP): RESEARCH UPDATE MEC (4971 JP) reported FY25 (Dec year-end) OP of ¥5,748mil (+26.0% YoY) on sales of ¥20,947mil (+14.9% YoY), surpassing the firm’s guidance of OP of ¥5,500mil (+20.5% YoY) on sales of ¥20,300mil (+11.3% YoY).

In this briefing: Garden Reach Shipbuilders: India's Warship Builder Enters Its Orderbook Supercycle MEC CO., LTD (4971 JP): RESEARCH UPDATE Primer: Venture Corp (VMS SP) - Mar 2026 What's news in Amsterdam - 10 March (Shell Oryzon Genomics — Refreshed outlook with near-term catalysts 1. Garden Reach Shipbuilders: India's Warship Builder Enters Its Orderbook Supercycle Garden Reach Shipbuilders & Engineers (GRSE IN), India's premier warship builder with 115 warships delivered, is a direct play on the country's accelerating naval modernisation and Aatmanirbhar Bharat shipbuilding mandate. With NGC signing expected in FY26 and smaller incremental orders, the orderbook could reach INR 40,000-50,000 cr by FY27 from current 18500 Cr, supporting a 22-26% revenue CAGR through FY28. Key risks include NGC contract signing delays, fixed-price margin pressure on long-duration defence projects, and a potential revenue gap post-FY27 if new orders are not formalised in time. 2. MEC CO., LTD (4971 JP): RESEARCH UPDATE MEC (4971 JP) reported FY25 (Dec year-end) OP of ¥5,748mil (+26.0% YoY) on sales of ¥20,947mil (+14.9% YoY), surpassing the firm’s guidance of OP of ¥5,500mil (+20.5% YoY) on sales of ¥20,300mil (+11.3% YoY).

In this briefing: Garden Reach Shipbuilders: India's Warship Builder Enters Its Orderbook Supercycle INDIA SEMICONDUCTOR- Who Is Doing What and How Far Along Are They? TAC Index Weekly Air Cargo Bulletin 09.MARCH.2026 Primer: Symphony Ltd (SYML IN) - Mar 2026 Aequitas: Horizon Industrial Parks Pre-IPO -Integrated Logistics Leader Poised for Structural Growth 1. Garden Reach Shipbuilders: India's Warship Builder Enters Its Orderbook Supercycle Garden Reach Shipbuilders & Engineers (GRSE IN), India's premier warship builder with 115 warships delivered, is a direct play on the country's accelerating naval modernisation and Aatmanirbhar Bharat shipbuilding mandate. With NGC signing expected in FY26 and smaller incremental orders, the orderbook could reach INR 40,000-50,000 cr by FY27 from current 18500 Cr, supporting a 22-26% revenue CAGR through FY28. Key risks include NGC contract signing delays, fixed-price margin pressure on long-duration defence projects, and a potential revenue gap post-FY27 if new orders are not formalised in time. 2.

In this briefing: Garden Reach Shipbuilders: India's Warship Builder Enters Its Orderbook Supercycle INDIA SEMICONDUCTOR- Who Is Doing What and How Far Along Are They? TAC Index Weekly Air Cargo Bulletin 09.MARCH.2026 Primer: Symphony Ltd (SYML IN) - Mar 2026 Aequitas: Horizon Industrial Parks Pre-IPO -Integrated Logistics Leader Poised for Structural Growth 1. Garden Reach Shipbuilders: India's Warship Builder Enters Its Orderbook Supercycle Garden Reach Shipbuilders & Engineers (GRSE IN), India's premier warship builder with 115 warships delivered, is a direct play on the country's accelerating naval modernisation and Aatmanirbhar Bharat shipbuilding mandate. With NGC signing expected in FY26 and smaller incremental orders, the orderbook could reach INR 40,000-50,000 cr by FY27 from current 18500 Cr, supporting a 22-26% revenue CAGR through FY28. Key risks include NGC contract signing delays, fixed-price margin pressure on long-duration defence projects, and a potential revenue gap post-FY27 if new orders are not formalised in time. 2.