Do you try to know the Garden Reach Shipbuilders & Engineers Ltd Share Price Target for 2022, 2023, 2024, 2025, And 2030? so, here we have cleared all the Droughts and Quarries of this share.
Additionally researching this share we noted its fundamental strength which is a market cap which is Rs.3,464.05 Cr. as the same we covered many essential points like financial stats, quarterly & annual results, and future growth.
We make sure that after reading this article you will be satisfied with this share and you don,t need to go to any other website.
Here, we are going to consider the predicted share price target of Garden Reach Shipbuilders & Engineers Ltd which we have got by the technical analysis and Fibonacci retracement tools, also read United Spirits Ltd. That is given below.
| Year | Target Of GRSE Ltd |
|---|---|
| 2022(Target-1) | Rs.437 |
| 2022(Target-2) | Rs.520 |
| 2023(Target-1) | Rs.580 |
| 2023(Target-2) | Rs.655 |
| 2024(Target-1) | Rs.739 |
| 2024(Target-2) | Rs.798 |
| 2025(Target-1) | Rs.874 |
| 2025(Target-2) | Rs.1,016 |
| 2030(Target-1) | Rs.2,366 |
| 2030(Target-2) | Rs.2,918 |
In this path, I am going to talk about the company’s strengths in which it has shown excellent profit growth of 18.43% over the previous 3 years.
| If we try to estimate the first share price target of Garden Reach Shipbuilders & Engineers Ltd for the year 2022 is Rs.437, and the second share price may be Rs.520. |
Accordingly, the company has a business cash conversation cycle of -969.22 Days, which is not properly maintained.
| Now, GRSE Ltd’s first share price target for the coming year 2023 is Rs.655, and if the company may perform well so the second share price would be Rs.739. |
| If we predict the first possible share price target for the session 2024 is Rs.739, and the second share price it may approach Rs.798. |
Based on the revenue growth of Garden Reach Shipbuilders & Engineers Ltd which is -20.40% whereas weak sign and poor in relation to its developments and performance.
| We can take an estimate, for the year 2025 the first share price target may be Rs.874, next share price target must be Rs.1,016. |
The company’s Dividend Yields indicate how much dividend we will collect in relation to the rate of the share, and the present year dividend for this company is Rs.5, and the yield is Rs.2.01%.
When we go through the Garden Reach Shipbuilders & Engineers Ltd shareholding pattern so we can able to see that it has total promoters of about 74.5% and a public is Rs.14.58%.
| On the basis of fundamental analysis GRSE Ltd has achieved the first share price target of about Rs.2,366 and the second target can be Rs.2,918. |
Here, we are going to discuss about Garden Reach Shipbuilders & Engineers Ltd, products & services, fundamental analysis, and financial stats which are explained ahead.
About GRSE Ltd
Garden Reach Shipbuilders & Engineers Ltd was listed on the national stock market on October 1, 2018, and it is a shipbuilding company in India on behalf of the MoD which is situated in Kolkata.
GRSE Ltd Products & Services
The main business of the company is engineering and engine production activities for the Indian Navy as well as the Indian Cost Guard. In 2020 it has got the WIPS activity award at the 30th National meet of WIPS, known about SWSOLAR Ltd.
GRSE Ltd Technical Analysis
GRSE Ltd was listed on the national stock market on the date 01 October 2018, with a share price of Rs.102.
After listing it we got to see there is a huge volume in their share price, and after some time the share price chart falls downside and chart are doing move up and move down.
Suddenly, the market breaks its previous high, so the market is giving a good sign to grow its share price.
GRSE Ltd Fundamental Analysis
Along those lines, we will discuss at the fundamental analysis of Garden Reach Shipbuilders & Engineers Ltd such as its market cap, enterprise value, sales growth, and profit growth as the similar strengths of DLF Ltd which are mentioned in this table.
| Fundamental Terms | Explanation |
|---|---|
| Market Cap | According to Date 29/08/2022 present market cap of this share is Rs.3,464.05 Cr. |
| Price To Earnings Ratio | The P/E ratio of GRSE Ltd is 15.81. |
| Enterprises Value | At the time enterprises’ value of GRSE Ltd is Rs.1,182.88 Cr. |
| EV/EBITDA | The company’s EV/EBITDA is 3.27. |
| Current Cash | The actual cash of the company is Rs.2,281.17 Cr. |
| Total Debt | GRSE Ltd is finally debt free. |
| Sales Growth | It has sales growth of -20.40% |
| Profit Growth | GRSE Ltd has an innovative profit growth of -6.12%. |
GRSE Ltd Quarterly Results Analysis
Again, if talk about quarterly result analysis of this share so, in the year 2021, It collected net sales of Rs.486.88 Cr. whether the profit after tax was Rs.62.94 Cr. In the next session of March 2022, the company made net sales of around Rs.544.61 Cr. and the profit was Rs.47.20 Cr.
| GRSE Ltd Quarterly Results | Net Sales | Profit After Tax |
|---|---|---|
| December 2021 | Rs.486.88 Cr. | Rs.62.94 Cr. |
| March 2022 | Rs.544.61 Cr. | Rs.47.20 Cr. |
| June 2022 | Rs.579.77 Cr. | Rs.50.18 Cr. |
In another month June 2022, this share achieved net sales of Rs.579.77 Cr. whereas the profit after tax was Rs.50.18 Cr.
GRSE Ltd Annual Results Analysis
In the same way annually March 2019, It made net sales of about Rs.1,386.42 Cr. and in the same year’s profit was Rs.109.94 Cr.
| GRSE Ltd Annual Results | Net Sales | Net Profit |
|---|---|---|
| March 2019 | Rs.1,386.42 Cr. | Rs.109.94 Cr. |
| March 2020 | Rs.1,433.30 Cr. | Rs.163.48 Cr. |
| March 2021 | Rs.1,140.84 Cr. | Rs.153.47 Cr. |
In the next financial year March 2020, Garden Reach Shipbuilders & Engineers Ltd made net sales of around Rs.1,433.30 Cr. in which the profit was Rs.163.48 Cr. another year March 2022, it approached net sales of almost Rs.1,140.84 Cr. and the same year profit was Rs.153.47 Cr.
Is GRSE Ltd a good to buy for the long term?
Ans. Yes, because it has a good market cap, market value as well as Rs.0 debt so strengths of these we can say the GRSE Ltd share’s good to buy in the future.
Is Garden Reach Shipbuilders & Engineers Ltd a debt-free company?
Ans. Yes, Garden Reach Shipbuilders & Engineers Ltd is virtually debt-free.
Conclusion
In this object, we understood the overall Garden Reach Shipbuilders & Engineers Ltd Share Price Target 2022, 2023, 2024, 2025, And 2030, as like strengths, market cap, and future growth of the company, etc.
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