Goa Shipyard Unlisted Share Price Today
ISIN INE178Z01013.
About the Company Goa Shipyard (GSL) is a Government of India-controlled defence shipyard based at Vasco da Gama, Goa, operating under the Ministry of Defence (Department of Defence Production). GSL has evolved from a small barge-building facility into a specialised shipbuilder with strong capabilities in indigenous design, construction, and lifecycle support of vessels for India’s maritime security agencies. GSL’s core business model is anchored in long-cycle, project-based defence contracts…
Goa Shipyard
Goa Shipyard Unlisted Share Price Today
About the Company
Goa Shipyard (GSL) is a Government of India-controlled defence shipyard based at Vasco da Gama, Goa, operating under the Ministry of Defence (Department of Defence Production). GSL has evolved from a small barge-building facility into a specialised shipbuilder with strong capabilities in indigenous design, construction, and lifecycle support of vessels for India’s maritime security agencies.
GSL’s core business model is anchored in long-cycle, project-based defence contracts, primarily serving the Indian Navy and the Indian Coast Guard. The yard’s portfolio spans patrol and offshore patrol vessels, fast patrol craft and interceptor boats, and other auxiliary platforms, along with ship repair and refit work that supports fleet readiness. Over the years, the company has built a reputation for patrol-vessel expertise across steel and aluminium hull structures, aligning closely with India’s “Make in India” and indigenisation priorities in defence manufacturing.
Revenue from operations rose 3.3x from FY21 to FY25 (₹860.49 Cr → ₹2,850.60 Cr), with sustained momentum in FY24–FY25.
EBITDA margin fell from 30.75% (FY23) to 16.14% (FY25), and PAT margin declined to 10.12%, indicating profitability dilution with scale-up.
