GRSE Share Price Target 2024, 2025, 2030, 2040, 2050
Since 1884, Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has been a renowned Indian shipbuilder. GRSE, a major military and commercial shipbuilder, has recently gained investment attention.
This article estimates GRSE share price for 2024, 2025, 2030, 2040, and 2050 based on its fundamentals, market position, and growth potential.
What is Garden Reach Shipbuilders & Engineers Ltd NSE: GRSE?
Contents
- 1 What is Garden Reach Shipbuilders & Engineers Ltd NSE: GRSE?
- 2 GRSE share price Target Tomorrow
- 3 GRSE share price Target 2024
- 4 GRSE share price Target 2025
- 5 Share Price Target 2030
- 6 Share Price Target 2050
- 7 Should I buy GRSE stock?
- 8 Garden Reach Shipbuilders & Engineers Ltd earning results
- 9 Expert forecasts on the future of Garden Reach Shipbuilders & Engineers Ltd.
- 10 is GRSE stock good to buy? (bull case & bear case)
- 11 Conclusion
- 12 FAQs
Premier shipbuilder Garden Reach Shipbuilders & Engineers Ltd., listed on the National Stock Exchange of India as GRSE, builds warships for the Indian Navy and Coast Guard. Kolkata based GRSE is a leader in military shipbuilding and manufacturing frigates, corvettes, patrol boats, and landing craft.
Fundamental Table
| Metric | Value |
| Market Cap | ₹21,309 crore |
| P/E Ratio | 57.58 |
| EPS | ₹32.11 |
| Dividend Yield | 0.51% |
| ROCE | 7.23% |
| ROE | 21.35% |
| Debt to Equity | 0.04 |
Key Metrics Table
| Metric | Value |
| 52 Week High | ₹2,833.80 |
| 52 Week Low | ₹648.30 |
| Book Value per Share | ₹146.09 |
| Price to Book Value | 13.43 |
| Free Float | 25.50% |
| Promoter Holding | 74.50% |
Peers & Comparison Table
| Company | Market Cap (₹ Cr) | P/E Ratio | ROE (%) |
| GRSE | 21,309 | 57.58 | 21.35 |
| Mazagon Dock | 87,702 | 51.39 | 30.56 |
| Cochin Shipyard | 47,799 | 36.24 | 15.78 |
| Hindustan Aeronautics | 157,947 | 36.81 | 22.14 |
| Bharat Electronics | 98,154 | 33.62 | 21.30 |
| Price Type | Target Price | Change |
| Maximum | ₹1,870.00 | +₹22.00 |
| Minimum | ₹1,825.00 | – ₹23.00 |
As it fulfills its orderbook and expands its military and commercial shipbuilding capabilities, GRSE will develop steadily in 2024. The company modernization and efficiency efforts should boost sales and margins. In 2024, we expect GRSE share price to be between ₹650 and ₹2,600.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2024 | 650 | 2,400 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 800 | 950 |
| February | 750 | 950 |
| March | 650 | 850 |
| April | 800 | 1050 |
| May | 950 | 1500 |
| June | 1100 | 2500 |
| July | 2100 | 2600 |
| August | 1600 | 2400 |
| September | 1700 | 2000 |
| October | 1600 | 2200 |
| November | 1685 | 2400 |
| December | 1700 | 2600 |
Increased military expenditure and export prospects could boost GRSE in 2025. Research and development and capacity growth should pay off, raising the company share price. We expect GRSE share price to reach between ₹1,800 and ₹2,900 in 2025.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2025 | 1800 | 2,900 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 1800 | 2,350 |
| February | 1950 | 2,400 |
| March | 2000 | 2,450 |
| April | 1800 | 2,500 |
| May | 2000 | 2,550 |
| June | 2200 | 2,600 |
| July | 2,400 | 2,650 |
| August | 2,500 | 2,700 |
| September | 2,550 | 2,750 |
| October | 2,600 | 2,800 |
| November | 2,650 | 2,850 |
| December | 2,700 | 2,900 |
By 2030, GRSE should be a worldwide shipbuilder. Its long term technological, infrastructure, and human capital investments could boost growth. We predict GRSE share price to reach between ₹4,500 and ₹6,000 by 2030.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2030 | 4,500 | 6,000 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 4,500 | 4,600 |
| February | 4,550 | 4,700 |
| March | 4,600 | 4,800 |
| April | 4,650 | 4,900 |
| May | 4,700 | 5,000 |
| June | 4,800 | 5,100 |
| July | 4,900 | 5,200 |
| August | 5,000 | 5,300 |
| September | 5,100 | 5,400 |
| October | 5,200 | 5,600 |
| November | 5,400 | 5,800 |
| December | 5,600 | 6,000 |
Projecting 2050 share values requires conjecture owing to the lengthy time horizon. We can predict a range if GRSE continues its growth track and reacts to market changes. By 2050, GRSE may dominate the worldwide shipbuilding sector, with a share price between ₹15,000 and ₹25,000.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2050 | 15,000 | 25,000 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 15,000 | 15,500 |
| February | 15,500 | 16,000 |
| March | 16,000 | 16,500 |
| April | 16,500 | 17,000 |
| May | 17,000 | 17,500 |
| June | 17,500 | 18,500 |
| July | 18,000 | 19,500 |
| August | 18,500 | 20,500 |
| September | 19,000 | 21,500 |
| October | 20,000 | 22,500 |
| November | 21,000 | 23,500 |
| December | 22,000 | 25,000 |
Should I buy GRSE stock?
GRSE (Garden Reach Shipbuilders & Engineers) stock investments should examine various criteria. The company last quarter sales rose 40.27% and net profit rose 56.61%. Its 23.31% ROE and 0.0343 debt to equity ratio indicate financial soundness.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2024 | 650 | 2,400 |
| 2025 | 1,800 | 2,900 |
| 2030 | 4,500 | 6,000 |
| 2050 | 15,000 | 25,000 |
GRSE stock has appreciated 387% over two years and 1186% over five years, raising worries about overvaluation. Analysts suggest a “Strong Sell,” citing profit booking following recent advances.
In conclusion, GRSE has strong fundamentals and growth prospects, but market sentiment and inflated prices should warn prospective investors. Long term investors should watch the stock for possibilities, while existing owners may take partial gains.
Garden Reach Shipbuilders & Engineers Ltd earning results
GRSE consistently grows sales and has good profit margins. The company good financial success is due to operational efficiency and order book execution.
| Quarter | Revenue (₹ Cr) | Net Profit (₹ Cr) | EPS (₹) |
| Q1 FY24 | 795.88 | 72.73 | 6.35 |
| Q4 FY23 | 776.42 | 67.95 | 5.93 |
| Q3 FY23 | 688.99 | 58.31 | 5.09 |
| Q2 FY23 | 668.86 | 56.82 | 4.96 |
Expert forecasts on the future of Garden Reach Shipbuilders & Engineers Ltd.
Industry analysts are optimistic about GRSE future. Many experts think the company robust order book, modernization efforts, and export potential will fuel long term development. Important expert projections include:
- Defense expenditure rise benefits GRSE main business.
- Growth potential in commercial shipbuilding and exports.
- Ship repair and maintenance opportunities.
- Potential diversification into offshore buildings.
- Technological advances boost efficiency and competitiveness.
is GRSE stock good to buy? (bull case & bear case)
Bull Case:
- Strong order book helps predict income.
- Government emphasis on local military manufacture boosts GRSE.
- Possible export orders expanding revenue sources
- Strong financial sheet, low debt
- Regular dividends and capital gains
Bear Case:
- Overreliance on government contracts and defense budgets
- Geopolitical threats to defense expenditure
- Domestic and international shipbuilding competition is fierce.
- Risk of cost overruns and project delays affecting profitability
- The shipbuilding industry cycles.
Conclusion
Defense shipbuilder Garden Reach Shipbuilders & Engineers Ltd. is a major participant in India. GRSE is poised for development with its solid order book, modernization emphasis, and diversification prospects. This article share price projections are based on current trends and expert analysis, but investors should remember that the stock market is unpredictable and vulnerable to internal and external influences. Before investing, you must study, assess your risk tolerance, and contact a financial expert.
