Garden Reach Shipbuilders & Engineers Ltd Share Price – NSE /  BSE

Aerospace & Defence, Small Cap

The contract was formally signed and finalized on 24 March 2025 in Hamburg, Germany.

This agreement follows the 'option agreement' between the two parties for the procurement of four additional MPVs, bringing GRSE?s total order to eight vessels. The overall contract value remains at approximately $108 million, with no change in financial terms.

Each MPV will be 120 meters long, 17 meters wide, and have a maximum draft of 6.75 meters. It is capable of carrying 7,500 tonnes of cargo. Each vessel will feature a single cargo hold designed to accommodate bulk, general, and project cargoes, with containers carried on the hatch covers. These ships are specifically designed to transport multiple large windmill blades on deck.

State-run GRSE is engaged in building warships and other vessels for the Indian Navy and Indian Coast Guard. It has also diversified into an engineering business with a product profile of prefabricated steel bridges, various deck machinery items, and assembly, as well as testing & overhauling of marine diesel engines. As of 31 December 2024, the Government of India holds 74.50% in the company.

The company's net profit climbed 11.26% to Rs 98.19 crore on a 37.69% rise in revenue from operations to Rs 1,271 crore in Q3 FY25 over Q3 FY24.

Shares of Garden Reach Shipbuilders & Engineers (GRSE) rose 0.93% to Rs 1,720.55 on the BSE.

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Garden Reach Shipbuilders & Engineers has signed Memorandum of Understanding with PWD (Roads & Bridges), Nagaland for supply of 08 Sets of Double Lane Modular Steel Bridges in the State of Nagaland.

In the past, GRSE has delivered Modular Bridges to the Border Roads Organisation (BRO) and the National Highway Infrastructure Development Corporation Ltd (NHIDCL), apart from several state governments and friendly countries like Bhutan, Nepal, Myanmar, Sri Lanka and Bangladesh. Till date, GRSE has supplied over 5,800 Modular Bridges.

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This landmark MoU marks the first-ever MoU between GRSE and a North Eastern state, aligning with the Government of India?s Make in India initiative for accelerated regional development.

In the past, GRSE has delivered modular bridges to the Border Roads Organisation (BRO) and the National Highway Infrastructure Development Corporation (NHIDCL), apart from several state governments and friendly countries like Bhutan, Nepal, Myanmar, Sri Lanka, and Bangladesh. To date, GRSE has supplied over 5,800 modular bridges, it added.

State-run GRSE is engaged in building warships and other vessels for the Indian Navy and Indian Coast Guard. It has also diversified into an engineering business with a product profile of prefabricated steel bridges, various deck machinery items, and assembly, as well as testing & overhauling of marine diesel engines. As of 31 December 2024, the Government of India holds 74.50% in the company.

The company's net profit climbed 11.26% to Rs 98.19 crore on a 37.69% rise in revenue from operations to Rs 1,271 crore in Q3 FY25 over Q3 FY24.

Powered by Capital Market - Live News

Garden Reach Shipbuilders & Engineers has signed Memorandum of Understanding with PWD (Roads & Bridges), Nagaland for supply of 08 Sets of Double Lane Modular Steel Bridges in the State of Nagaland.

In the past, GRSE has delivered Modular Bridges to the Border Roads Organisation (BRO) and the National Highway Infrastructure Development Corporation Ltd (NHIDCL), apart from several state governments and friendly countries like Bhutan, Nepal, Myanmar, Sri Lanka and Bangladesh. Till date, GRSE has supplied over 5,800 Modular Bridges.

Powered by Capital Market - Live News

This landmark MoU marks the first-ever MoU between GRSE and a North Eastern state, aligning with the Government of India?s Make in India initiative for accelerated regional development.

In the past, GRSE has delivered modular bridges to the Border Roads Organisation (BRO) and the National Highway Infrastructure Development Corporation (NHIDCL), apart from several state governments and friendly countries like Bhutan, Nepal, Myanmar, Sri Lanka, and Bangladesh. To date, GRSE has supplied over 5,800 modular bridges, it added.

State-run GRSE is engaged in building warships and other vessels for the Indian Navy and Indian Coast Guard. It has also diversified into an engineering business with a product profile of prefabricated steel bridges, various deck machinery items, and assembly, as well as testing & overhauling of marine diesel engines. As of 31 December 2024, the Government of India holds 74.50% in the company.

The company's net profit climbed 11.26% to Rs 98.19 crore on a 37.69% rise in revenue from operations to Rs 1,271 crore in Q3 FY25 over Q3 FY24.

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Garden Reach Shipbuilders & Engineers (GRSE) has signed Contract with Ministry of External Affairs, Government of India for funding of Normal Refit of Mauritius Coast Guard Ship CGS Barracuda (MCGS Barracuda) to be undertaken by the Company. MCGS Barracuda, a warship, was constructed and supplied by GRSE to the Government of Mauritius for use of their Coast Guard in the year 2014. The value of the contract is Rs 123.07 crore.

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The contract was formally signed and finalized on 24 March 2025 in Hamburg, Germany.

This agreement follows the 'option agreement' between the two parties for the procurement of four additional MPVs, bringing GRSE?s total order to eight vessels. The overall contract value remains at approximately $108 million, with no change in financial terms.

Each MPV will be 120 meters long, 17 meters wide, and have a maximum draft of 6.75 meters. It is capable of carrying 7,500 tonnes of cargo. Each vessel will feature a single cargo hold designed to accommodate bulk, general, and project cargoes, with containers carried on the hatch covers. These ships are specifically designed to transport multiple large windmill blades on deck.

State-run GRSE is engaged in building warships and other vessels for the Indian Navy and Indian Coast Guard. It has also diversified into an engineering business with a product profile of prefabricated steel bridges, various deck machinery items, and assembly, as well as testing & overhauling of marine diesel engines. As of 31 December 2024, the Government of India holds 74.50% in the company.

The company's net profit climbed 11.26% to Rs 98.19 crore on a 37.69% rise in revenue from operations to Rs 1,271 crore in Q3 FY25 over Q3 FY24.

Shares of Garden Reach Shipbuilders & Engineers (GRSE) rose 0.93% to Rs 1,720.55 on the BSE.

Powered by Capital Market - Live News

Garden Reach Shipbuilders & Engineers has signed Memorandum of Understanding with PWD (Roads & Bridges), Nagaland for supply of 08 Sets of Double Lane Modular Steel Bridges in the State of Nagaland.

In the past, GRSE has delivered Modular Bridges to the Border Roads Organisation (BRO) and the National Highway Infrastructure Development Corporation Ltd (NHIDCL), apart from several state governments and friendly countries like Bhutan, Nepal, Myanmar, Sri Lanka and Bangladesh. Till date, GRSE has supplied over 5,800 Modular Bridges.

Powered by Capital Market - Live News

This landmark MoU marks the first-ever MoU between GRSE and a North Eastern state, aligning with the Government of India?s Make in India initiative for accelerated regional development.

In the past, GRSE has delivered modular bridges to the Border Roads Organisation (BRO) and the National Highway Infrastructure Development Corporation (NHIDCL), apart from several state governments and friendly countries like Bhutan, Nepal, Myanmar, Sri Lanka, and Bangladesh. To date, GRSE has supplied over 5,800 modular bridges, it added.

State-run GRSE is engaged in building warships and other vessels for the Indian Navy and Indian Coast Guard. It has also diversified into an engineering business with a product profile of prefabricated steel bridges, various deck machinery items, and assembly, as well as testing & overhauling of marine diesel engines. As of 31 December 2024, the Government of India holds 74.50% in the company.

The company's net profit climbed 11.26% to Rs 98.19 crore on a 37.69% rise in revenue from operations to Rs 1,271 crore in Q3 FY25 over Q3 FY24.

Powered by Capital Market - Live News

Garden Reach Shipbuilders & Engineers has signed Memorandum of Understanding with PWD (Roads & Bridges), Nagaland for supply of 08 Sets of Double Lane Modular Steel Bridges in the State of Nagaland.

In the past, GRSE has delivered Modular Bridges to the Border Roads Organisation (BRO) and the National Highway Infrastructure Development Corporation Ltd (NHIDCL), apart from several state governments and friendly countries like Bhutan, Nepal, Myanmar, Sri Lanka and Bangladesh. Till date, GRSE has supplied over 5,800 Modular Bridges.

Powered by Capital Market - Live News

This landmark MoU marks the first-ever MoU between GRSE and a North Eastern state, aligning with the Government of India?s Make in India initiative for accelerated regional development.

In the past, GRSE has delivered modular bridges to the Border Roads Organisation (BRO) and the National Highway Infrastructure Development Corporation (NHIDCL), apart from several state governments and friendly countries like Bhutan, Nepal, Myanmar, Sri Lanka, and Bangladesh. To date, GRSE has supplied over 5,800 modular bridges, it added.

State-run GRSE is engaged in building warships and other vessels for the Indian Navy and Indian Coast Guard. It has also diversified into an engineering business with a product profile of prefabricated steel bridges, various deck machinery items, and assembly, as well as testing & overhauling of marine diesel engines. As of 31 December 2024, the Government of India holds 74.50% in the company.

The company's net profit climbed 11.26% to Rs 98.19 crore on a 37.69% rise in revenue from operations to Rs 1,271 crore in Q3 FY25 over Q3 FY24.

Powered by Capital Market - Live News

Garden Reach Shipbuilders & Engineers (GRSE) has signed Contract with Ministry of External Affairs, Government of India for funding of Normal Refit of Mauritius Coast Guard Ship CGS Barracuda (MCGS Barracuda) to be undertaken by the Company. MCGS Barracuda, a warship, was constructed and supplied by GRSE to the Government of Mauritius for use of their Coast Guard in the year 2014. The value of the contract is Rs 123.07 crore.

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