GRSE shares jump over 14% after Q4 PAT rises 24%; final dividend of ₹6.7/share declared

During the pre-opening session on NSE, GRSE shares were trading more than 8% higher at around ₹3,110 apiece ahead of the opening bell on Wednesday. The company announced its Q4 earnings after the market hours on Tuesday, April 29.

As of 9:40 am, GRSE shares were trading 14.42% higher at ₹3,289.90, compared to the previous market close of ₹2,875.30 on Tuesday.

The NSE filings showed that GRSE’s net profit for the fourth quarter rose 24% to ₹303.19 crore, compared year-on-year with ₹244.24 crore in the same period a year ago, according to the consolidated financial statements.

Garden Reach Shipbuilders’ consolidated revenue from core operations recorded a 29% rise to ₹2,119.21 crore in the March quarter, compared YoY with ₹1,642.03 crore in the same period a year ago.

The financial statements also showed that the company’s input costs for the March quarter dropped 22% to ₹811.50 crore, compared YoY with ₹1,044.81 crore in the same period a year earlier.

Garden Reach Shipbuilders’ earnings per share (EPS) improved to ₹26.47 apiece in the fourth quarter, compared to ₹21.32 per share in the same period a year ago.

GRSE final dividend

Garden Reach Shipbuilders’ board of directors, after their quarterly meeting on April 29, considered and recommended a final dividend of ₹6.7 per share for the financial year ended 2025-26.

“The company has recommended a final dividend of ₹6.70 per equity share for the financial year 2025-26, subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM) of the Company. The final dividend would be paid within 30 days from the date of its declaration at the 110th AGM of the company,” GRSE informed the stock exchanges.

This means every eligible shareholder will receive a final dividend payment of ₹6.7 per share for every stock they own of Garden Reach Shipbuilders, up to one day ahead of the pre-determined ‘record date’ of the corporate action. The company will disclose the record date after its upcoming AGM.

In the financial year ended 2025-26, the company had issued two interim dividends prior to the final dividend announced on April 28. GRSE posted an interim dividend of ₹5.75 per share in November 2025 and a ₹7.15 per share dividend in February 2026, as per NSE data.

GRSE share price trend

GRSE shares closed 0.84% higher at ₹2,875.30 after Tuesday’s stock market session, compared to ₹2,851.40 at the previous market close, according to NSE data.

Shares of GRSE have delivered more than 1,673% returns on their investment in the last five years, over 589% gains in the last three years, and 62.86% returns in the past one year period, according to the exchange data.

On a year-to-date basis, the company’s stock has surged over 30%, and has given more than 54% returns in the past month. GRSE shares were trading 13.16% lower in the last five market session basis on Wednesday.

The company’s stock hit its 52-week high of ₹3,538.40 on June 23, 2025, while the 52-week low was at ₹1,622 on April 28, 2025, as per NSE data. GRSE’s market capitalisation (M-Cap) was at ₹37,752 crore as of Wednesday’s trading session.