Market Performance: GRSE Stock Surges Over 14%
The Garden Reach Shipbuilders share price soared by 14.4% intraday on Wednesday, touching ₹2,191.90 on the BSE. This surge followed the company's robust Q4 FY25 earnings, which showcased significant growth across all primary financial metrics.
Despite the strong uptrend, the stock trades 23% below its all-time high of ₹2,834.60, achieved in July 2024.
Notably, the stock has delivered impressive returns in the past year:
- 1-year gain: 111%
- May rally: 13.5%
- April gain: 14%
- March surge: 34%
- February dip: -22.6%
- January gain: 0.5%
Main News: Net Profit More Than Doubles in Q4
In a remarkable performance, Garden Reach Shipbuilders & Engineers (GRSE) reported a 118.9% YoY jump in net profit, reaching ₹244.2 crore in Q4 FY25, up from ₹111.6 crore in the same quarter last year.
This surge was driven by strong revenue generation and better operational margins.
Key Financials – Q4 FY25
Revenue
- ₹1,642 crore
- Up 61.7% YoY (vs ₹1,015.7 crore in Q4 FY24)
EBITDA
- ₹219 crore
- Up 141.8% YoY (vs ₹90.6 crore in Q4 FY24)
EBITDA Margins
- Improved to 13.3%
- Up from 8.9% in the previous year
Net Profit
- ₹244.2 crore
- Up 118.9% YoY (vs ₹111.6 crore)
Company Details: Dividend and Outlook
The company board has recommended a final dividend of ₹4.90 per equity share for FY25, pending shareholder approval. This dividend will be disbursed within 30 days of its declaration at the 109th Annual General Meeting.
Chairman and Managing Director Cmde Hari PR, IN (Retd), expressed confidence in the company's future. With a robust order book and steady progress in ongoing projects, GRSE is poised for sustained growth across defence and commercial shipbuilding segments.
Summary
The Garden Reach Shipbuilders' share price sharply rose following an outstanding financial performance in Q4 FY25. Key highlights include:
- Net profit up by 118.9% YoY
- Revenue growth of 61.7%
- EBITDA margin expansion to 13.3%
- Stock up 111% in 1 year
This strong quarterly performance reaffirms the company's trajectory as a major player in India's defence shipbuilding sector, boosting investor confidence and market presence.
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