Has GRSE Achieved Significant Growth in FY25?
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Synopsis
GRSE Ltd's outstanding performance in FY25 marks a pivotal moment in its history. With substantial increases in revenue, profit, and dividends, GRSE exemplifies growth and resilience in the Defence sector. The company’s chairman expresses confidence in continued success. Discover how GRSE is positioning itself for the future.
Key Takeaways
- GRSE's total income for FY25: ₹5,411 crore
- Profit Before Tax (PBT) for FY25: ₹703 crore
- Profit After Tax (PAT) growth: 48 percent
- Earnings per share (EPS): ₹46.04
- Strong order book: 16 ongoing projects for the Indian Navy
Kolkata, May 13 (NationPress) Garden Reach Shipbuilders and Engineers (GRSE) Ltd has achieved remarkable growth in FY25, marking it as one of the most successful financial years in the history of this Defence PSU.
As a Defence Public Sector Undertaking (DPSU) and a publicly listed entity, the repercussions of these results on the company's stock values will be revealed on Wednesday.
GRSE reported a total income of Rs 5,411 crore for FY25, up from Rs 3,892 crore in FY24, representing a Year-on-Year (Y-o-Y) growth of 39 percent. Revenue from operations surged to Rs 5,076 crore in FY25 compared to Rs 3,593 crore in FY24, achieving a Y-o-Y increase of 41 percent.
The Earnings before Interest, Tax, Depreciation and Amortisation (EBITDA) for FY25 reached Rs 756 crore, a significant rise from Rs 534 crore in FY24, marking a growth of 42 percent. Profit Before Tax (PBT) stood at Rs 703 crore for FY25, compared to Rs 481 crore in FY24, reflecting a robust growth of 46 percent (Y-o-Y), according to a GRSE official.
Profit After Tax (PAT) was Rs 527 crore in FY25, up from Rs 357 crore in FY24, showcasing a growth of 48 percent (Y-o-Y). Earnings per share (EPS) for FY25 are noted at Rs 46.04, in comparison to Rs 31.19 in FY24. The company has announced a total dividend of 138.5 percent of the paid-up share capital, a rise from 93.6 percent the previous year.
Q4 of FY25 has also shown significant growth compared to the same period in FY24.
Commenting on the impressive results, Cmde P R Hari, IN (Retd), the chairman and managing director of GRSE, stated: “I am pleased to share yet another set of robust numbers. With our strong order book, the maturity of ongoing projects, and visibility in orders, especially in the commercial shipbuilding sector, I am optimistic about an even better performance in the current financial year.”
Currently, GRSE is managing 16 orders across four classes for the Indian Navy, which includes three Advanced Guided Missile Frigates under the Navy's Project 17A and four Next-Generation Offshore Patrol Vessels (NGOPVs). The shipyard is also constructing seven Anti-Submarine Warfare Shallow Water Crafts for the Navy, with one of the eight ordered already delivered.
Furthermore, GRSE is developing four research vessels, including one for the Defence Research and Development Organisation (DRDO). The shipyard is also working on eight commercial multi-purpose vessels for a German client and 13 hybrid ferries for the West Bengal government.
Point of View
It’s essential to recognize the tremendous advancements made by GRSE. Their growth trajectory reflects broader trends in the Defence sector and highlights their commitment to innovation and excellence. Such achievements not only bolster the national economy but also enhance India's strategic capabilities.
NationPress
08/06/2025
Frequently Asked Questions
What is the total income of GRSE for FY25?
The total income reported by GRSE for FY25 is ₹5,411 crore.
How much did GRSE's Profit After Tax (PAT) grow in FY25?
GRSE's PAT grew by 48 percent in FY25, amounting to ₹527 crore.
What is the significance of GRSE's dividend declaration?
GRSE has declared a total dividend of 138.5 percent of the paid-up share capital, up from 93.6 percent in the previous year, reflecting their strong financial performance.
What kind of projects is GRSE currently involved in?
GRSE is currently handling 16 orders for the Indian Navy, which includes advanced frigates and offshore patrol vessels.
Who is the chairman of GRSE?
The chairman and managing director of GRSE is Cmde P R Hari, IN (Retd).
