Tag Atmanirbhar Bharat

GRSE Stock Analysis
Multibagger Defence Stock: GRSE Surges 32% in Five Sessions – Analyst Insights & Future Growth

Business and Industry Overview: 

Garden Reach Shipbuilders & Engineers Ltd (GRSE) is a big shipyard in India. It is located in Kolkata. The company builds and repairs ships for the Indian Navy, Coast Guard, and other customers. It was started in 1884 as a private company. The Indian government took control of it in 1960. GRSE became the first Indian shipyard to build 100 warships. It is an important part of India’s defense industry. The company has modern facilities to design and build ships. 

GRSE has a large shipyard in Kolkata. It also has a diesel engine plant in Ranchi. The shipyard has special tools and equipment to build, repair, and test ships. It has a dry dock to repair big ships. It also has slipways and berths to build new ships. GRSE makes different types of ships. These include warships, patrol boats, research ships, cargo ships, and tugboats. The company also exports ships to other countries. It has delivered ships to Mauritius, Bangladesh, and Vietnam. GRSE has partnered with global companies like Rolls-Royce to make marine engines in India. 

GRSE is working on many big projects. It is building new warships for the Indian Navy. These include anti-submarine warfare ships, patrol vessels, and survey ships. The company is also making research ships to study the ocean. It has received orders from foreign countries to build patrol boats, tugboats, and dredgers. GRSE is growing by getting new contracts from India and abroad. It also repairs and upgrades old ships to make them last longer. The company is helping India become stronger in defense and trade. 

India’s defence and shipbuilding industry is growing fast. The government wants India to make its warships, submarines, and weapons instead of buying them from other countries. This is part of the “Make in India” and “Atmanirbhar Bharat” (Self-Reliant India) programs. The government is spending more money to develop this industry. 

Many companies are working in this sector. Garden Reach Shipbuilders & Engineers (GRSE), Mazagon Dock Shipbuilders, and Cochin Shipyard build ships for the Indian Navy and Coast Guard. Private companies like Larsen & Toubro (L&T) are also helping. India is now exporting warships and weapons to countries like Vietnam and Sri Lanka. 

Recently, defence stocks increased in value. On March 20, 2025, Germany decided to spend more on defence. This made Indian defence stocks rise sharply. GRSE’s stock jumped by 20%. Other companies like Mazagon Dock, Cochin Shipyard, and Bharat Dynamics also gained. The Nifty India Defence Index, which tracks defence stocks, increased by 4.9%. Experts believe India will get more business as European countries buy more defence equipment. 

GRSE is a government company that builds warships, boats, and other vessels for the Indian Navy and Coast Guard. It has been making ships for many years and has completed over 100 warships. The company gets many projects from the government, which gives it a steady income. It also sells ships to other countries like Sri Lanka, Bangladesh, and Myanmar. GRSE is using modern technology to make better and more advanced ships. It recently built an electric ferry and modular steel bridges, which help it grow. The company faces competition from private companies like L&T and foreign shipbuilders. To stay strong, GRSE needs to improve its technology, expand its business, and sell more ships to other countries. GRSE is also building steel bridges in different parts of India. These bridges will improve road connectivity. The defence and shipbuilding industry will continue to grow as India builds more warships and exports them to other countries. 

Latest Stock News: 

Recently, its stock price increased by over 6% after the company signed an agreement with the Public Works Department (PWD) of Nagaland. Under this agreement, GRSE will supply eight double-lane modular steel bridges to the state. This is the first time GRSE has partnered with Nagaland for such a project. The agreement was signed in Kohima in the presence of senior officials from both GRSE and PWD Nagaland. 

GRSE has a strong history of building modular steel bridges. It has supplied over 5,800 bridges to different organizations, including the Border Roads Organisation (BRO) and the National Highway Infrastructure Development Corporation Ltd (NHIDCL). The company has also exported bridges to countries like Bhutan, Nepal, Myanmar, Sri Lanka, and Bangladesh. These bridges are useful for improving road connectivity in difficult terrains. 

The stock price of GRSE has been rising for five consecutive days. In the past five days alone, the stock has increased by 31%. Over the last year, it has given a return of 127% to investors. In the past five years, the stock has surged by a massive 1125%. The stock hit a low of ₹744 last year and a high of ₹2834.60. 

Experts believe the stock may continue to rise. Some analysts predict that if it stays above ₹1,750, it could reach ₹2,000 or even ₹2,200. However, there is also a chance of a price correction. If the stock falls below ₹1,575, it could lose momentum. Investors are advised to be cautious and manage risks properly. 

Potentials: 

Garden Reach Shipbuilders & Engineers (GRSE) has strong flans to grow its business and expand its reach. The company is currently building 18 advanced warships for the Indian Navy, showing its important role in the defense sector. GRSE is also focusing on clean energy by installing solar power systems, which will help reduce electricity costs and support sustainability. It is manufacturing hybrid ferries for the West Bengal government, which will use both electricity and fuel to lower pollution and improve efficiency. Additionally, GRSE has signed an agreement with a German company to build specialized ships, marking its entry into the international market. The company is also increasing production of modular steel bridges for quick infrastructure development in remote areas. With these steps, GRSE aims to strengthen its position in the defense and shipbuilding industry, promote green energy, and expand its business beyond India. 

Analyst Insights: 

  • Market capitalisation:₹ 19,418 Cr. 
  • Current Price: ₹ 1,695 
  • 52-Week High/Low: ₹ 2,835 / 757 
  • Stock P/E: 29.6 
  • Dividend Yield: 49.1 
  • Return on Capital Employed (ROCE): 27.4 % 
  • Return on Equity: 22.2 % 

Garden Reach Shipbuilders & Engineers Ltd. (GRSE) is performing well. Revenue grew by 32% YoY to ₹1,052 Cr in Q3 FY24. This happened because the company delivered more ships. Net profit increased by 27% YoY to ₹110 Cr, showing better earnings. The company has a huge order book of ₹23,061 Cr, which means steady work in the future. EBITDA margin is 12%, showing good profit. GRSE has zero debt, making it financially strong. But it has contingent liabilities of ₹6,508 Cr, which is a risk. Since India’s defense sector is growing, GRSE looks good for long-term investment. 

Siemens Ltd stock news
Siemens Ltd: Order Backlog, Growth Trends & Future Potential

Siemens Ltd: Overview 

Siemens Ltd., a subsidiary of Siemens AG, is a leading technology powerhouse operating across multiple sectors in India, including electrification, automation, and digitalization. The company operates through well-diversified business segments, including Smart Infrastructure, Digital Industries, Mobility, Energy, and Healthcare, catering to a wide range of industries such as power utilities, transportation, manufacturing, and building automation. Siemens has a significant presence across India, with multiple manufacturing facilities, R&D centers, and a vast service network, ensuring seamless execution of large-scale infrastructure and technology projects. The Make in India and Atmanirbhar Bharat initiatives have significantly boosted local manufacturing, leading to an increased demand for automation, smart grids, and energy-efficient solutions areas where Siemens Ltd. plays a critical role. The ongoing urbanization, expansion of metro rail projects, and the push for smart cities are expected to drive substantial demand for Siemens’ mobility and smart infrastructure solutions. The power sector is undergoing a major shift towards renewable energy, energy storage, and grid modernization, opening up new opportunities for Siemens’ digital grid and energy-efficient solutions. Additionally, the industrial automation market in India is expected to grow at a CAGR of over 12%, propelled by advancements in IoT, AI-driven automation, and robotics. Siemens Ltd., being a global leader in these areas, is well-positioned to capitalize on the growing demand for intelligent automation and sustainable energy solutions in industries such as manufacturing, automotive, healthcare, and transportation.  

Latest Stock News 

Private sector capital expenditure is primarily focused on emerging technologies such as semiconductors, batteries, solar photovoltaic systems, and electric vehicles, driving significant investment in these areas. The demand for energy transmission and energy efficiency solutions has also seen an uptick, contributing to a robust order backlog of ₹482.6 billion. The company has maintained strong growth momentum in its base business, securing multiple large orders in the Smart Infrastructure (SE) and Mobility (MO) segments, while advanced ordering normalization was observed in Digital Industries (DI) and Low-Voltage Motors (LVM). For FY24, revenue growth was reported at 15.0% in the product business and 13.2% in the project business, supported by double-digit orders and revenue expansion, particularly in electrification and building products. Profitability improved due to a better product mix, favourable price realization, and higher revenue generation. Notable orders in FY24 included Bangalore Metro Electrification and the propulsion system for 6,000 HP locomotives, reflecting Siemens’ growing presence in infrastructure and transportation. Order growth was particularly strong in grid technologies, oil & gas, and turbine segments, further bolstering the company’s long-term outlook. Q4 FY24 EBITDA increased by 3%, although it was impacted by certain one-time factors. Additionally, the Siemens Energy demerger remains on track, positioning the company for a more streamlined focus on its core operations and strategic growth areas. 

Stock Potential 

Siemens Ltd. is uniquely positioned to benefit from India’s ambitious industrial and infrastructure development plans. The company has significant growth potential in sectors like renewable energy, smart grid solutions, industrial automation, and digital twin technology. With increasing government spending on railways, metros, and smart city projects, Siemens’ mobility and electrification solutions are expected to see strong growth in the coming years. Its ability to offer end-to-end industrial automation and smart infrastructure solutions makes it a preferred partner for large-scale infrastructure and manufacturing projects. Siemens also has a strong backlog of orders and a healthy balance sheet, which provides financial stability and the ability to invest in next-generation technologies. With expanding R&D capabilities, partnerships with Indian industries, and an increasing share of service-based revenues, Siemens Ltd. is poised for long-term sustainable growth. 

Analyst Insights 

We are bullish on Siemens Ltd., considering its strong market position, diversified portfolio, and long-term growth prospects in India. The company has consistently demonstrated revenue growth, aided by strong order inflows from key sectors like power distribution, railways, and industrial automation. Analysts expect Siemens’ revenue growth to remain in double digits, driven by increasing demand for energy-efficient solutions, digital automation, and infrastructure expansion. Margins are expected to improve as the company scales up its digital services and automation-driven businesses, which carry higher profitability. While short-term headwinds such as global supply chain disruptions, semiconductor shortages, and cost inflation may impact near-term earnings, the long-term outlook remains robust. Siemens’ focus on high-growth areas like smart mobility, EV infrastructure, and digital grids further strengthens its competitive advantage. Analysts recommend long-term investment in Siemens Ltd, considering its strong order book, expanding market opportunities, and innovation-driven approach that ensures steady and sustainable growth. The company’s ability to leverage global expertise while tailoring solutions for the Indian market gives it a strategic edge, making it a preferred choice for infrastructure and automation investors. 

Himadri Specialty Chemical
Himadri Specialty Chemical: ₹120 Cr Expansion for High-Value Products to Fuel Atmanirbhar Bharat Vision

Himadri Specialty Chemical Ltd: Overview 

Himadri Specialty Chemical Ltd is a leading integrated specialty carbon company in India with a diversified product portfolio. Established in 1987, the company specializes in the manufacture of coal tar pitch, carbon black, and advanced carbon materials. Himadri caters to a variety of industries, including aluminium, graphite, tires, lithium-ion batteries, and paints. It is recognized for its focus on innovation and sustainability, offering high-quality products that meet stringent global standards. The company’s state-of-the-art facilities and strong R&D capabilities enable it to consistently deliver value-added solutions to its clients, both domestically and internationally. Himadri’s core offerings include coal tar pitch used in the aluminium and graphite industries, carbon black for tire manufacturing, and advanced carbon materials for lithium-ion battery applications. With an emphasis on sustainable operations, the company is investing in cutting-edge technologies and expanding its footprint in high-growth sectors like energy storage and electric vehicles. The specialty carbon and chemical industry is poised for significant growth, driven by increasing demand from end-user industries such as aluminium, tire manufacturing, and energy storage. The global shift towards electric vehicles and renewable energy has created robust opportunities for advanced carbon materials, particularly in the lithium-ion battery segment. This industry is also benefitting from infrastructure development and industrial expansion in emerging economies like India and China. 

Latest Stock News (16 Jan 2025)

Himadri Speciality Chemical Ltd has recently been awarded with Eco Vadis Platinum medal, this recognition is awarded to the top 1% of company by Eco Vadis in the world amongst more than 130,000 assessed companies globally. Aligned with our vision to expand into high-value products, we have planned a new capex for production of speciality products at an investment of Rs. 120 crore, funded through internal accruals. This facility will enable us to extract high-value specialty products, including Anthraquinone, Carbazole, and Fluorene from existing coal tar distillates at our existing facility and is expected to commence operations within the next 18 months. These products have application in dyes, pigments, pharma and various other industries. This strategic move marks a significant step towards reducing import dependency and aligns with Himadri’s commitment towards the Government of India’s vision of an Atmanirbhar Bharat. 

Business Segments 

  • The product portfolio of Himadri Speciality Chemical Ltd includes battery materials, Carbon Black, Specialty carbon black, Coal tar pitch, refined naphthalene, SNF & PCE, Specialty oils, clean energy and Anticorrosion products. The company is working in all this industries and acquiring the companies in that industry to diversify its product portfolio. 

Subsidiary Information 

  • Combe Projects Pvt Ltd: It is a wholly-owned is engaged in project-specific developments and investments, supporting the expansion and diversification of Himadri’s business operations. While specific details about its core activities are limited, subsidiaries like this typically assist in executing large-scale projects, infrastructure development, or specialized chemical production. 
  • Himadri Clean Energy Ltd: It focuses on the development and production of clean energy solutions. It plays a pivotal role in Himadri’s strategy to capitalize on the growing demand for sustainable energy products. The company is involved in the manufacturing of advanced carbon materials used in lithium-ion batteries, a key component of electric vehicles and renewable energy storage systems. This aligns with global trends favouring green and clean energy solutions. 
  • Himadri Future Material Technology Ltd: It is at the forefront of the company’s innovation and R&D initiatives. It specializes in advanced material development, particularly for high-growth sectors like electric vehicles, renewable energy, and energy storage. This subsidiary likely focuses on creating cutting-edge solutions to cater to the evolving demands of emerging industries, enabling Himadri to maintain its competitive edge in the global specialty chemical market. 
  • AAT Global Ltd: It is designed to enhance the company’s global presence. This subsidiary likely handles international operations, partnerships, and market expansion initiatives. It supports Himadri’s aim to strengthen its position in international markets and explore new opportunities in the specialty carbon and advanced materials sectors. 

Q3 FY25 & Business Highlights 

  • Revenue of ₹1141 crore in Q3 FY25 up by 8.4% YoY from ₹1053 crore in Q3 FY24.  
  • EBITDA of ₹221 crore in this quarter at a margin of 19% compared to 17% in Q3 FY24. 
  • Profit of ₹141 crore in this quarter compared to a ₹109 crore profit in Q3 FY24. 
  • The company is net debt free as on December 2024, with positive cash balance of ₹109 crore on its balance sheet. 
  • The estimated capex for setting up facilities for extracting Anthraquinone, Cabazole & Fluorine from existing coal tar distillates. This capex is estimated to be of ₹120 crores and will be sourced from Internal accruals and is to be completed in 18 months from the time of commencement. 
  • The Cathode Active material capex is on schedule and is going to be live by Q3 FY27, and specialty carbon black line project to be live by Q3 FY26. 
  • It acquired 12.79% stake in Sicona an Australian startup specializing in lithium-ion batteries, and it is 50%-100% better in delivering higher capacity than conventional graphite anodes. 

Financial Summary 

INR Cr. Q3 FY24 Q3 FY25 FY23 FY24 
Revenue 1053 1141 4172 4185 
Expenses 879 920 3773 3540 
EBITDA 174 221 399 645 
OPM 17% 19% 10% 15% 
Net Profit 109 206 216 411 
NPM 10.4% 18.1% 5.2% 9.8% 
EPS 2.47 141 4.99 8.34