Goa Shipyard Unlisted Share Price Today
ISIN INE178Z01013.
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 servin…
Goa Shipyard
Goa Shipyard Unlisted Share Price Today
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 increased from ₹860 Cr in FY21 to ₹3,717 Cr in FY26, with 30.38% growth in FY26 despite the higher base.
PAT rose from ₹288 Cr in FY25 to ₹331 Cr in FY26, marking 14.89% YoY growth, while EPS also increased from ₹24.78 to ₹28.47.
EBITDA margin declined from 25.89% in FY21 to 14.06% in FY26, while PAT margin fell from 14.86% to 8.92%, indicating that profitability has not kept pace with the strong revenue expansion.
