1. Is Garden Reach Shipbuilders & Engineers Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Garden Reach Shipbuilders & Engineers Ltd is a average quality company.
2. Is Garden Reach Shipbuilders & Engineers Ltd undervalued or overvalued?
The key valuation ratios of Garden Reach Shipbuilders & Engineers Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
3. Is Garden Reach Shipbuilders & Engineers Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Garden Reach Shipbuilders & Engineers Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||15.9%||13.7%||2.9%||15.5%||1.4%||9.3%||11.2%||16.5%||16.7%||16.2%||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||-33.5%||650.2%||-28.2%||-44.3%||46.2%||2.9%||3.4%||-20.4%||54.1%||-|
|Adj EPS ⓘ||10.6||100.8||2.2||13||0.7||8.2||9.7||14.8||15.2||16.8||19.1|
|YoY Gr. Rt. %||-||847.5%||-97.8%||481.3%||-94.6%||1067.1%||18.9%||52.4%||2.8%||10.6%||-|
|BVPS (₹) ⓘ||697.1||771.8||781.5||915.9||87.5||89.2||90.6||90.8||99.3||109.8||118.8|
|Adj Net Profit ⓘ||132||125||27.8||161||8.7||93.6||111||170||174||193||219|
|Cash Flow from Ops. ⓘ||92.1||17||107||423||-191||-74||-112||628||515||-356||-|
|Debt/CF from Ops. ⓘ||0.3||1.5||0.2||0||-0.1||0||0||0||0||0||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||5.2%||88.9%||20.1%||10.6%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||16.2||13.7||2.9||15.3||0.8||8.9||10.8||16.3||16||16.1||16.7|
|Op. Profit Mgn % ⓘ||28.6||42||0.9||4.9||-17.5||-1.3||3||2.9||8.2||8||7.3|
|Net Profit Mgn % ⓘ||28.5||40.6||1.2||9.7||0.9||6.9||8||11.8||15.3||11||9.6|
|Debt to Equity ⓘ||0||0||0||0||0||0||0||0||0||0||0|
|Working Cap Days ⓘ||3,447||6,111||863||874||1,054||738||626||561||938||820||1,023|
|Cash Conv. Cycle ⓘ||2,585||4,922||714||479||118||33||16||66||58||100||73|
Return on Equity has increased versus last 3 years average to 16.70%
Net Profit is growing at healthy rate in last 3 years 20.12%
Sales growth is good in last 4 quarters at 56.05%
Sales growth has been subdued in last 3 years 8.23%
|TTM EPS (₹)||19.1||-|
|TTM Sales (₹ Cr.)||2,293||-|
|BVPS (₹.) ⓘ||118.8||-|
|Reserves (₹ Cr.) ⓘ||1,246||-|
|From the Market|
|52 Week Low / High (₹)||199.00 / 556.80|
|All Time Low / High (₹)||77.00 / 556.80|
|Market Cap (₹ Cr.)||5,525|
|Equity (₹ Cr.)||114.6|
|Face Value (₹)||10|
|Industry PE ⓘ||16.3|
Garden Reach Shipbuilders & Engineers was incorporated at Calcutta under the Companies Act, 1913 with the Registrar of Companies, Calcutta, as ‘Garden Reach Workshops Limited’ on February 26, 1934. The company changed its name to ‘Garden Reach Workshops Private Limited’ on November 5, 1957 after the promulgation of the Companies Act, 1956. Thereafter, the company changed its name to ‘Garden Reach Workshops Limited’ on November 30, 1961 pursuant to the acquisition of the company by the Government of India and the status of the company was changed from ‘private limited company’ to ‘deemed public limited company under the provision of Section 43(1A) of the Companies Act, 1956 with effect from January 8, 1976. The name of the company was again changed from ‘Garden Reach Workshop Limited’ to ‘Garden Reach Shipbuilders & Engineers Limited’ on December 31, 1976 by the Registrar of Companies, West Bengal. The company became a public company pursuant to a special resolution of the shareholders at an Annual General Meeting held on August 25, 2017.
Over the years, the company has established capabilities for in-house design and shipbuilding and has made considerable contributions to the indigenous warship construction program of the country. Its shipbuilding product line spans from technologically sophisticated Frigates and Corvettes to Fast Patrol Vessels. In last five decades, it has built and delivered ships ranging from small to large and advanced vessels including frigates, anti-submarine warfare corvettes, missile corvettes, landing ship tanks, landing craft utilities, survey vessels, fleet replenishment tankers, fast patrol vessels, offshore patrol vessels, inshore patrol vessels, WJ-FAC, hover crafts and fast interceptor boats to the Indian Navy, Indian Coast Guard, MHA and Governments of other countries.
Business area of the company
Garden Reach Shipbuilders & Engineers is a ship-building company in India under the administrative control of the MoD and primarily adhere to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard. In addition to its ship and warship building capabilities, it is engaged in engineering and engine production activities. As a part of its engineering division it manufactures deck machinery items, pre-fabricated portable steel bridges and marine pumps. The company’s shipbuilding division contributes a significant majority of its revenue from operations.
Awards and Recognition