Trackk Logo
Trackk Logo
Blogs / GRSE Share Price Tar...

GRSE Share Price Target 2025, 2026, 2027, 2030

2026-04-21 · 3 min read

Sector - Finance
GRSE Share Price Target 2025, 2026, 2027, 2030

As the world of defense manufacturing continues to evolve, Garden Reach Shipbuilders & Engineers (GRSE) stands out as a prominent player in the Indian shipbuilding industry.

GRSE Share Price Target


Founded in 1934, Garden Reach Shipbuilders & Engineers Ltd. is a defense public sector undertaking (DPSU) under the administrative control of the Ministry of Defence, Government of India. It specializes in the design, construction, and repair of warships and other defense platforms. With shipyards in Kolkata, GRSE has played a key role in building vessels for both domestic and international markets.

Financial table for Garden Reach Shipbuilders & Engineers Ltd

Market Cap₹30,950 Cr.(As of April 2026)
Price to Earnings45.0
Return on equity27.6%
Debt to equity0.01
Current ratio1.19
Dividend Yield0.54%
Return on assets5.02%
ROCE36.6%
Face Value₹10.0
52 Week High₹3,538
52 Week Low₹1,597

GRSE Shareholding Pattern



Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Promoters

74.50%

74.50%

74.50%

74.50%

74.50%

74.50%

74.50%

FIIs

1.47%

0.97%

1.55%

2.68%

3.26%

3.85%

3.51%

DIIs

16.67%

15.61%

10.68%

7.91%

6.14%

1.90%

1.69%

Public

7.36%

8.92%

13.27%

14.91%

16.10%

19.76%

20.32%

No. of Shareholders

18,118

29,026

35,806

60,368

1,25,631

4,13,986

4,07,526


GRSE Share Price Target 2026, 2027, 2028 to 2030

YEAR 2026

Target Range (₹) : 3700-4500

for the move NGOPV deliveries and Navratna upgrade trigger re-rating. Projected Targets:
YEAR 2027

Target Range (₹) : 5000-5900

for the move Defence orders and execution support revenue growth. Projected Targets:
YEAR 2028

Target Range (₹) : 4700-5300

for the move Diversification into commercial shipbuilding remains moderate. Projected Targets:
YEAR 2029

Target Range (₹) : 6000-6800

for the move Volatility in defense sector over policy changes during election Projected Targets:
YEAR 2030

Target Range (₹) : 5000-6000

for the move Stabilization post volatility cause due to general elections.

Historic Performance:

GRSE Ltd Share Price Target 2020, 2021, 2022, 2023, 2024 & 2025

YEAR 2020

Yearly returns : -2.43%

Start of the year price199.25
End of the year price194.40
Reason : Weak performance due to slow execution and limited defence order visibility.
YEAR 2021

Yearly returns : 14.25%

Start of the year price195.50
End of the year price223.35
Reason : Gradual improvement driven by steady naval orders and execution.
YEAR 2022

Yearly returns : 117.35%

Start of the year price223.00
End of the year price484.70
Reason : Strong rally driven by defence sector re-rating and order inflow visibility.
YEAR 2023

Yearly returns : 79.31%

Start of the year price487.00
End of the year price873.25
Reason : Naval modernization and government spending supported growth.
YEAR 2024

Yearly returns : 84.94%

Start of the year price874.00
End of the year price1,616,40
Reason : Strong performance driven by high execution visibility and revenue growth.
YEAR 2025

Yearly returns : 51.62%

Start of the year price1,612.00
End of the year price2,444.10
Reason : Consistent execution and sector tailwinds boosted valuation.

Conclusion

GRSE's long-term growth prospects remain strong due to favorable industry dynamics, robust government backing, and a solid order book. While the stock might experience some volatility due to its exposure to defense budgets and project timelines, its strong fundamentals make it a solid contender for those looking for stable returns within the defense sector.

FAQs

To read the RA disclaimer, please click here