Garden Reach Shipbuilders & Engineers Limited

NSEI:GRSE Stock Report

Market Cap: ₹187.4b

Garden Reach Shipbuilders & Engineers Balance Sheet Health

Financial Health criteria checks 4/6

Garden Reach Shipbuilders & Engineers has a total shareholder equity of ₹16.7B and total debt of ₹656.7M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are ₹102.5B and ₹85.8B respectively. Garden Reach Shipbuilders & Engineers's EBIT is ₹2.0B making its interest coverage ratio 18.3. It has cash and short-term investments of ₹37.2B.

Key information

3.9%

Debt to equity ratio

₹656.71m

Debt

Interest coverage ratio18.3x
Cash₹37.20b
Equity₹16.73b
Total liabilities₹85.78b
Total assets₹102.52b

Recent financial health updates

Recent updates

Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) CEO Will Probably Have Their Compensation Approved By Shareholders

Sep 14
Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) CEO Will Probably Have Their Compensation Approved By Shareholders

Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Dividend Will Be ₹1.44

Aug 31
Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Dividend Will Be ₹1.44

Garden Reach Shipbuilders & Engineers Limited (NSE:GRSE) May Have Run Too Fast Too Soon With Recent 28% Price Plummet

Aug 21
Garden Reach Shipbuilders & Engineers Limited (NSE:GRSE) May Have Run Too Fast Too Soon With Recent 28% Price Plummet

Garden Reach Shipbuilders & Engineers (NSE:GRSE) Seems To Use Debt Rather Sparingly

Jul 24
Garden Reach Shipbuilders & Engineers (NSE:GRSE) Seems To Use Debt Rather Sparingly

Optimistic Investors Push Garden Reach Shipbuilders & Engineers Limited (NSE:GRSE) Shares Up 46% But Growth Is Lacking

Jun 12
Optimistic Investors Push Garden Reach Shipbuilders & Engineers Limited (NSE:GRSE) Shares Up 46% But Growth Is Lacking

Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) Shares Climb 31% But Its Business Is Yet to Catch Up

Apr 28
Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) Shares Climb 31% But Its Business Is Yet to Catch Up

If EPS Growth Is Important To You, Garden Reach Shipbuilders & Engineers (NSE:GRSE) Presents An Opportunity

Apr 04
If EPS Growth Is Important To You, Garden Reach Shipbuilders & Engineers (NSE:GRSE) Presents An Opportunity

Sentiment Still Eluding Garden Reach Shipbuilders & Engineers Limited (NSE:GRSE)

Mar 13
Sentiment Still Eluding Garden Reach Shipbuilders & Engineers Limited (NSE:GRSE)

If EPS Growth Is Important To You, Garden Reach Shipbuilders & Engineers (NSE:GRSE) Presents An Opportunity

Oct 10
If EPS Growth Is Important To You, Garden Reach Shipbuilders & Engineers (NSE:GRSE) Presents An Opportunity

This Is The Reason Why We Think Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) CEO Deserves A Bump Up To Their Compensation

Sep 16
This Is The Reason Why We Think Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) CEO Deserves A Bump Up To Their Compensation

Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Dividend Will Be Reduced To ₹0.70

Sep 02
Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Dividend Will Be Reduced To ₹0.70

Does Garden Reach Shipbuilders & Engineers (NSE:GRSE) Have A Healthy Balance Sheet?

Jun 11
Does Garden Reach Shipbuilders & Engineers (NSE:GRSE) Have A Healthy Balance Sheet?

Should You Be Adding Garden Reach Shipbuilders & Engineers (NSE:GRSE) To Your Watchlist Today?

Apr 01
Should You Be Adding Garden Reach Shipbuilders & Engineers (NSE:GRSE) To Your Watchlist Today?

Garden Reach Shipbuilders & Engineers (NSE:GRSE) Is Increasing Its Dividend To ₹5.50

Feb 13
Garden Reach Shipbuilders & Engineers (NSE:GRSE) Is Increasing Its Dividend To ₹5.50

Here's Why We Think Garden Reach Shipbuilders & Engineers (NSE:GRSE) Is Well Worth Watching

Dec 09
Here's Why We Think Garden Reach Shipbuilders & Engineers (NSE:GRSE) Is Well Worth Watching

Garden Reach Shipbuilders & Engineers (NSE:GRSE) Ticks All The Boxes When It Comes To Earnings Growth

Aug 30
Garden Reach Shipbuilders & Engineers (NSE:GRSE) Ticks All The Boxes When It Comes To Earnings Growth

Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Dividend Is Being Reduced To ₹1.15

Aug 31
Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Dividend Is Being Reduced To ₹1.15

Here's What You Should Know About Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) 2.9% Dividend Yield

Apr 13
Here's What You Should Know About Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) 2.9% Dividend Yield

Financial Position Analysis

Short Term Liabilities: GRSE's short term assets (₹94.5B) exceed its short term liabilities (₹84.6B).

Long Term Liabilities: GRSE's short term assets (₹94.5B) exceed its long term liabilities (₹1.2B).


Debt to Equity History and Analysis

Debt Level: GRSE has more cash than its total debt.

Reducing Debt: GRSE's debt to equity ratio has increased from 0% to 3.9% over the past 5 years.

Debt Coverage: GRSE's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: GRSE's interest payments on its debt are well covered by EBIT (18.3x coverage).


Balance Sheet


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