GRSE
Garden Reach Shipbuilders & Engineers Limited
Each stock's 10,000-path forecast, rendered as light.
Garden Reach Shipbuilders & Engineers Limited (GRSE) Stock Analysis & Case Study
Is GRSE a good buy? The data-driven verdict.
Garden Reach Shipbuilders & Engineers Limited (GRSE) trades at ₹2,599,on the numbers it mixed signals, a Downstox Snapshot Score of 53/100.
On the numbers, Garden Reach Shipbuilders & Engineers Limited (GRSE) mixed signals, a Downstox Snapshot Score of 53/100, weighing premium at 37.2× earnings, ROE of 31.8%, a 48% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
GRSE fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How GRSE ranks against the 2,373 companies in our screener
- GRSE's market cap of 29,772 Cr ranks in the 88th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- GRSE's book value of ₹229 ranks in the 75th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- GRSE's promoter holding of 74.5% ranks in the 89th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- GRSE's 3-year profit (PAT) growth of 50.0% ranks in the 83rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- GRSE's 3-year revenue growth of 40.0% ranks in the 90th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- GRSE's debt-to-equity ratio of 0.01x is lower than 98% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is GRSE overvalued? GRSE P/E vs peers
GRSE trades at 37.2× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
GRSE share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 7.6y of GRSE history (45%/yr drift, 53%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| GRSE 2027 | ₹1,273 | ₹2,541 | ₹5,072 | -2% |
| GRSE 2028 | ₹967 | ₹2,484 | ₹6,380 | -4% |
| GRSE 2029 | ₹756 | ₹2,428 | ₹7,799 | -7% |
| GRSE 2030 | ₹620 | ₹2,374 | ₹9,085 | -9% |
| GRSE 2031 | ₹522 | ₹2,321 | ₹10,312 | -11% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability GRSE goes up, or doubles?
The bull case for GRSE
- GRSE's return on equity of 31.8% ranks in the top 5% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- GRSE's return on capital employed of 43.0% ranks in the top 3% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹7,799.
The bear case & risks
- GRSE's P/E of 37.2x is lower than 37% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- A steep 11.3× price-to-book means most of the value is intangible/expectations, not assets on the books.
- High historical volatility (53%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹756.
GRSE volatility & expected range, how bumpy is the ride?
Over the last 7.6 years GRSE compounded at 45%/year with annualized volatility of 53%. That volatility implies a 1-year 80% range of ₹1,273-₹5,072, the honest backbone behind any single price target.
GRSE price forecast, the full 60-month probability fan
GRSE price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds GRSE hits common targets within the simulated horizon?
Full multi-horizon detail on the GRSE price target & forecast page.
GRSE Piotroski F-Score: 6/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. GRSE scores 6/8, mixed financial health.
GRSE MTF margin & leverage across 10 brokers
Margin Trading Facility lets you buy GRSE with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 38.63% | 2.6× |
| ZerodhaCHEAPEST | 38.57% | 2.6× |
| Groww | 38.76% | 2.6× |
| Dhan | 40.00% | 2.5× |
| Kotak Neo | 38.61% | 2.6× |
| Paytm Money | 38.97% | 2.6× |
| Pocketful | 39.34% | 2.5× |
| Anand RathiCHEAPEST | 38.57% | 2.6× |
| Bajaj Broking | 45.00% | 2.2× |
| Share India | 38.71% | 2.6× |
Compare every broker on the GRSE MTF page.
About Garden Reach Shipbuilders & Engineers Limited: sector, index & market-cap context
Garden Reach Shipbuilders & Engineers Limited (GRSE) is a mid-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹29,772 Cr. See more stocks on our screener.
How the GRSE Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Garden Reach Shipbuilders & Engineers Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
GRSE analysis, FAQs
Is Garden Reach Shipbuilders & Engineers Limited (GRSE) a good buy?
On the numbers, Garden Reach Shipbuilders & Engineers Limited (GRSE) mixed signals, a Downstox Snapshot Score of 53/100, weighing premium at 37.2× earnings, ROE of 31.8%, a 48% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is GRSE overvalued or undervalued?
GRSE trades at 37.2× earnings, premium versus the ~22× long-run Nifty average.
What is the GRSE share price target for 2031?
GRSE's probability-weighted 2031 median target is ₹2,321, with an 80% range of ₹522-₹10,312 (10,000-path Monte-Carlo).
What is the probability GRSE doubles in 5 years?
The modelled probability of GRSE reaching ₹5,198 (2×) within 5 years is 24%.
What is the bull case for GRSE?
GRSE's return on equity of 31.8% ranks in the top 5% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. GRSE's return on capital employed of 43.0% ranks in the top 3% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in GRSE?
GRSE's P/E of 37.2x is lower than 37% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 11.3× price-to-book means most of the value is intangible/expectations, not assets on the books. High historical volatility (53%/yr) means a wide, bumpy range of outcomes, size positions accordingly.