| P&L Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 740 | 869 | 1753 | 2851 |
| Cost of Material Consumed | 364 | 397 | 1197 | 2247 |
| Change in Inventory | 0 | 0 | 0 | 0 |
| Gross Margins | 50.81 | 54.32 | 31.72 | 21.19 |
| Employee Benefit Expenses | 141 | 661 | 158 | 162 |
| Other Expenses | 164 | 221 | 296 | 321 |
| EBITDA | 71 | 90 | 102 | 121 |
| OPM | 9.59 | 10.36 | 5.82 | 4.24 |
| Other Income | 120 | 176 | 338 | 340 |
| Finance Cost | 0.25 | 0.5 | 0.3 | 0.5 |
| D&A | 56 | 62 | 75 | 81 |
| EBIT | 15 | 28 | 27 | 40 |
| EBIT Margins | 2.03 | 3.22 | 1.54 | 1.4 |
| PBT | 135 | 204 | 364 | 379 |
| PBT Margins | 18.24 | 23.48 | 20.76 | 13.29 |
| Tax | 34 | 50 | 93 | 90 |
| PAT | 101 | 154 | 271 | 289 |
| NPM | 13.65 | 17.72 | 15.46 | 10.14 |
| EPS | 8.68 | 13.23 | 23.28 | 24.83 |
| Financial Ratios | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Profit Margin | 10.36 | 5.82 | 4.24 |
| Net Profit Margin | 17.72 | 15.46 | 10.14 |
| Earning Per Share (Diluted) | 13.23 | 23.28 | 24.83 |
| Assets | 2023 | 2024 | 2025 |
|---|---|---|---|
| Fixed Assets | 972 | 1034 | 972 |
| CWIP | 110 | 5 | 13 |
| Investments | 0 | 0 | 1 |
| Trade Receivables | 169 | 111 | 81 |
| Inventory | 114 | 369 | 717 |
| Other Assets | 4766 | 5595 | 5576 |
| Total Assets | 6131 | 7114 | 7360 |
| Liabilities | 2023 | 2024 | 2025 |
|---|---|---|---|
| Share Capital | 58.2 | 58.2 | 58.2 |
| FV | 5 | 5 | 5 |
| Reserves | 1189 | 1380 | 1563 |
| Borrowings | 0 | 0 | 0 |
| Trade Payables | 413 | 460 | 554 |
| Other Liabilities | 4470.8 | 5215.8 | 5184.8 |
| Total Liabilities | 6131 | 7114 | 7360 |
| Cash-Flow Statement | 2023 | 2024 | 2025 |
|---|---|---|---|
| PBT | 205 | 365 | 379 |
| OPBWC | 64 | 81 | 121 |
| Change in Receivables | 21 | 58 | 30 |
| Change in Inventories | -66 | -255 | -349 |
| Change in Payables | 142 | 47 | 95 |
| Other Changes | 979 | 739 | -511 |
| Working Capital Change | 1076 | 589 | -735 |
| Cash Generated From Operations | 1140 | 670 | -614 |
| Tax | -65 | -134 | -110 |
| Cash Flow From Operations | 1075 | 536 | -724 |
| Purchase of PPE | -280 | -136 | -19 |
| Sale of PPE | 1 | 0.22 | 1 |
| Cash Flow From Investment | -648 | -57 | 677 |
| Borrowing | 0 | 0 | 0 |
| Dividend | -56 | -77 | -101 |
| Equity | 0 | 0 | 0 |
| Others From Financing | -2 | -2 | -1 |
| Cash Flow from Financing | -58 | -79 | -102 |
| Net Cash Generated | 369 | 400 | -149 |
| Cash at the Start | 124 | 493 | 893 |
| Cash at the End | 493 | 893 | 744 |
Goa Shipyard Limited (GSL) is a premier public sector shipbuilding company under the Ministry of Defence, Government of India. Established in 1957, the company has grown into a leading naval and defence shipyard known for designing and constructing a wide range of vessels, including advanced offshore patrol vessels, fast patrol crafts, survey vessels, missile crafts, and other specialized ships for the Indian Navy, Coast Guard, and various international clients. Over the years, GSL has earned a strong reputation for excellent build quality, reliability, and timely delivery. With India focusing on naval modernization and self-reliance under the “Make in India” initiative, GSL plays a crucial role in strengthening the nation’s maritime defence capabilities.
The company operates a modernized shipyard equipped with state-of-the-art infrastructure, including modular construction facilities, automated workshops, outfitting berths, and testing systems that enable efficient and high-precision shipbuilding. GSL has demonstrated strong engineering expertise and robust project management, allowing it to undertake complex defence and commercial shipbuilding programs. Alongside domestic projects, the shipyard has also executed multiple export orders, reinforcing its global credibility. The company continues to invest in technological upgrades, digital shipbuilding practices, and enhanced production capabilities to meet future defence and commercial maritime demand. Its commitment to quality, innovation, and continuous improvement has allowed it to remain competitive in a strategically important sector.
Goa Shipyard Limited’s unlisted shares attract investor interest due to the company’s strong government backing, healthy order book, and stable long-term revenue potential driven by India’s defence modernization programs. With rising demand for naval vessels, patrol crafts, and maritime security solutions, GSL stands well-positioned for sustained growth. Although unlisted shares generally offer limited liquidity and require a long investment horizon, many investors view GSL as a fundamentally strong defence-sector opportunity. Nonetheless, prospective investors should conduct thorough due diligence—evaluating financial performance, order execution capabilities, future contracts, and sectoral trends—before making any investment decision.
Q:1 How do I book Goa Shipyard Limited Unlisted Shares?
Answer: You can book Goa Shipyard Limited Unlisted Shares by confirming your order with us at a trading price.
Q:2 What documents do I need to provide to buy the shares?Answer: You need to provide your client master report, PAN Card, and a Cancelled Cheque.These are required KYC documents as per SEBI regulations.
Q:3 What if I don't have a client master report?
Answer: If you do not have a client master report, you can ask your broker for it, as it is necessary for the transaction.
Q:4 How do I transfer the funds for the shares?
Answer: We will provide you with the bank details, and you need to transfer the funds via RTGS, NEFT, IMPS, or cheque transfer.
Q:5 Can I make the payment in cash?
Answer: No, cash deposits are not accepted.All payments must be made via bank transfer methods such as RTGS, NEFT, or cheque transfer.
Q:6 From which account should I make the payment?
Answer: Payment must be made from the same account where the shares will be credited.
Q:7 Is there a specific method for transferring the funds?
Answer: Yes, you must use RTGS, NEFT, IMPS, or cheque transfer for the transaction.Cash deposits are not allowed.
Q:8 Do I need to provide any additional information after transferring the funds?Answer: Once the funds have been transferred, please ensure to keep a record of the transaction for your reference, but no additional information is required unless specified by us.