Garden Reach Shipbuilders & Engineers
Garden Reach Shipbuilders & Engineers Ltd, abbreviated as GRSE, is one of India's leading shipyards, located in Kolkata. It builds and repairs commercial and naval vessels. GRSE also builds export ships.
| Company type | Public |
|---|---|
Traded as | BSE: 542011 NSE: GRSE |
| Industry | Shipbuilding |
| Founded | 1884 |
| Headquarters | Kolkata, West Bengal , India |
Area served | Worldwide |
Key people | Cmde PR Hari,IN (Retd.) (Chairman & MD) |
| Products | Naval ships Tankers Bulk carriers Platform supply vessels Naval diesel engines |
| Services | Ship design Ship building Ship repair |
| Revenue | ₹2,762.98 crore (US$350 million) (2023) |
| ₹305.22 crore (US$38 million) (2023) | |
Net income | ₹228.12 crore (US$29 million) (2023) |
| Total assets | ₹10,775.59 crore (US$1.3 billion) (2023) |
| Total equity | ₹1,413.81 crore (US$180 million) (2023) |
Number of employees | 1747 (March 2023) |
| Website | www |
Founded in 1884 as a small privately-owned company on the eastern bank of the Hooghly River, it was renamed as Garden Reach Workshop in 1916. The company was nationalised by the Government of India in 1960. It was awarded the Miniratna status, with accompanying financial and operational autonomy in September 2006. It is first Indian shipyard to build 100 warships.
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