Garden Reach Shipbuilders & Engineers Limited

NSEI:GRSE Stock Report

Market Cap: ₹294.9b

Garden Reach Shipbuilders & Engineers Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

P. Hari

Chief executive officer

₹7.8m

Total compensation

CEO salary percentage67.64%
CEO tenure6.1yrs
CEO ownershipn/a
Management average tenure4.3yrs
Board average tenure3.4yrs

Recent management updates

We Take A Look At Why Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) CEO Compensation Is Well Earned

Sep 13
We Take A Look At Why Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) CEO Compensation Is Well Earned

Recent updates

Is Now The Time To Put Garden Reach Shipbuilders & Engineers (NSE:GRSE) On Your Watchlist?

Oct 18
Is Now The Time To Put Garden Reach Shipbuilders & Engineers (NSE:GRSE) On Your Watchlist?

We Take A Look At Why Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) CEO Compensation Is Well Earned

Sep 13
We Take A Look At Why Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) CEO Compensation Is Well Earned

Garden Reach Shipbuilders & Engineers (NSE:GRSE) Will Pay A Dividend Of ₹4.90

Aug 29
Garden Reach Shipbuilders & Engineers (NSE:GRSE) Will Pay A Dividend Of ₹4.90

Do Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Earnings Warrant Your Attention?

Jun 22
Do Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Earnings Warrant Your Attention?

Earnings Not Telling The Story For Garden Reach Shipbuilders & Engineers Limited (NSE:GRSE) After Shares Rise 35%

May 15
Earnings Not Telling The Story For Garden Reach Shipbuilders & Engineers Limited (NSE:GRSE) After Shares Rise 35%

Earnings Tell The Story For Garden Reach Shipbuilders & Engineers Limited (NSE:GRSE) As Its Stock Soars 27%

Mar 20
Earnings Tell The Story For Garden Reach Shipbuilders & Engineers Limited (NSE:GRSE) As Its Stock Soars 27%

With EPS Growth And More, Garden Reach Shipbuilders & Engineers (NSE:GRSE) Makes An Interesting Case

Mar 04
With EPS Growth And More, Garden Reach Shipbuilders & Engineers (NSE:GRSE) Makes An Interesting Case
User avatar

International Orders And Green Vessels Will Diversify Revenue, But Profit Margins May Decrease

Strong order book, including major warship projects, is expected to drive substantial revenue growth and enhance overall revenue trajectories.

Pinning Down Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) P/E Is Difficult Right Now

Dec 19
Pinning Down Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) P/E Is Difficult Right Now

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

CEO Compensation Analysis

How has P. Hari's remuneration changed compared to Garden Reach Shipbuilders & Engineers's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

₹6b

Jun 30 2025n/an/a

₹6b

Mar 31 2025₹8m₹5m

₹5b

Dec 31 2024n/an/a

₹4b

Sep 30 2024n/an/a

₹4b

Jun 30 2024n/an/a

₹4b

Mar 31 2024₹8m₹6m

₹4b

Dec 31 2023n/an/a

₹3b

Sep 30 2023n/an/a

₹3b

Jun 30 2023n/an/a

₹3b

Mar 31 2023₹7m₹5m

₹2b

Dec 31 2022n/an/a

₹2b

Sep 30 2022n/an/a

₹2b

Jun 30 2022n/an/a

₹2b

Mar 31 2022₹6m₹4m

₹2b

Dec 31 2021n/an/a

₹2b

Sep 30 2021n/an/a

₹2b

Jun 30 2021n/an/a

₹2b

Mar 31 2021₹5m₹4m

₹2b

Dec 31 2020n/an/a

₹1b

Sep 30 2020n/an/a

₹1b

Jun 30 2020n/an/a

₹1b

Mar 31 2020₹2m₹2m

₹2b

Compensation vs Market: P.'s total compensation ($USD87.68K) is below average for companies of similar size in the Indian market ($USD702.68K).

Compensation vs Earnings: P.'s compensation has been consistent with company performance over the past year.


CEO

P. Hari (58 yo)

6.1yrs
Tenure
₹7,773,000
Compensation

Commodore P. R. Hari, IN (Retd.), served as Director of Personnel at Garden Reach Shipbuilders & Engineers Limited since October 21, 2019 until June 10, 2022 and served as Whole Time Director. He serves as...


Leadership Team

NamePositionTenureCompensationOwnership
P. Hari
MD & Chairmanno data₹7.77mno data
Shantanu Bose
Director of Shipbuilding & Director3.4yrs₹7.78m0.000010%
₹ 29.5k
Niranjan Bhalerao
CFO & Director of Financeless than a yearno datano data
M. Murthy
Chief General Manager of Technical6.8yrsno datano data
Sandeep Mahapatra
Company Secretary & Compliance Officer18yrs₹2.53mno data
Bhaskar Sengupta
Chief General Manager of CP&CCno datano datano data
Rajiv Sreedharan
Chief General Manager of PS-NGOPV5.8yrsno datano data
Rajat Manchanda
Chief General Manager of Planning for SVL5.1yrsno datano data
Indrajit Dasgupta
Chief General Manager of SR&TUno datano datano data
Vikas Kaushal
Chief General Manager of PS-P17A2.1yrsno datano data
Sunil Panangadan
Chief Risk Officerno datano datano data
Sujoy Chakravorty
Chief General Manager of Commercialless than a yearno datano data
4.3yrs
Average Tenure

Experienced Management: GRSE's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
P. Hari
MD & Chairman6.1yrs₹7.77mno data
Shantanu Bose
Director of Shipbuilding & Director3.4yrs₹7.78m0.000010%
₹ 29.5k
Sunil Panangadan
Chief Risk Officerless than a yearno datano data
Rajeev Prakash
Part-Time Official Government Nominee Director3.4yrsno datano data
Kamleshbhai Mirani
Part-Time Non-Official Independent Directorless than a yearno datano data
3.4yrs
Average Tenure
56yo
Average Age

Experienced Board: GRSE's board of directors are considered experienced (3.4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/08 03:56
End of Day Share Price 2025/11/07 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Garden Reach Shipbuilders & Engineers Limited is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAntique Stockbroking Ltd.
null nullAsian Markets Securities Private Limited
Kameswari V. S. ChavaliFirstCall Research