Wealthova: “GRSE Q4 Results: PAT Soars 24% YoY to Rs 303 Crore Amid 29% Revenue Surge, Proposes Rs 6.70/Share Dividend.”
State-run Garden Reach Shipbuilders & Engineers (GRSE) has demonstrated strong financial performance for the quarter ending March 31, 2026, reporting a net profit of Rs 303 crore, up 24% from Rs 244 crore in the same period the previous year. This growth trajectory is further reflected in the company’s revenue, which surged 29% to Rs 2,119 crore from Rs 1,642 crore year-on-year. Additionally, the Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) reached Rs 426 crore, marking a 27% increase from Rs 335 crore in Q4FY25, showcasing robust operational efficiency.
The board of directors has proposed a final dividend of Rs 6.70 per equity share for the financial year 2025-26, pending shareholder approval at the upcoming 110th Annual General Meeting (AGM). This proposed dividend underlines GRSE’s commitment to returning value to its shareholders in light of its impressive annual performance, where total income rose 24.72% year-on-year to Rs 2,190 crore. Furthermore, profit before tax (PBT) increased significantly by 26.98% to Rs 410.85 crore, affirming a solid bottom line alongside an earnings per share (EPS) growth of 24.14% to Rs 26.47.
Commenting on the results, Chairman & Managing Director Cmde PR Hari emphasized that FY26 was a landmark year for GRSE, characterized by the delivery of eight warships, translating operational success into financial gains. The company’s focus on capability enhancement and business diversification reflects a strategic direction aimed at sustaining growth momentum into the future. With a marked increase in the profit after tax (PAT) to Rs 748 crore and an impressive topline growth of 38% to Rs 7,002 crore, GRSE is well-positioned to capitalize on emerging opportunities in the defense sector.
Source: https://economictimes.indiatimes.com/markets/stocks/earnings/grse-q4-results-pat-jumps-24-yoy-to-rs-303-crore-on-29-revenue-uptick-recommends-rs-6-70/share-dividend/articleshow/130583753.cms
(Expert Note: This report was prepared by the Wealthova AI team.)