This PSU Defence stock, a leading Miniratna PSU under the Ministry of Defence, made waves in the markets after reporting robust Q1 FY26 results—triggering an approximate 7% jump in its stock price.
PSU Defence stock – Key Highlights from Q1 FY26:
| Metric | Q1 FY26 | Q1 FY25 | YoY Change |
|---|---|---|---|
| Revenue | â‚ą1,310 crore | â‚ą1,010 crore | +30% |
| Net Profit | â‚ą120 crore | â‚ą87 crore | +38% |
| EBITDA | â‚ą184 crore | â‚ą130 crore | +42% |
| Sequential Trend | ↓ compared to Q4 FY25 (₹1,642 crore revenue, ₹244 crore net profit) | — | — |
A closer look reveals:
- Revenue surged by 30% YoY, marking a strong recovery from the prior year.
- Net profit jumped by 38% YoY, reaching â‚ą120 crore.
- EBITDA increased a substantial 42% YoY.
However, the company saw a decline in sequential performance, with revenue dipping from â‚ą1,642 crore (Q4 FY25) to â‚ą1,310 crore in Q1 FY26, and net profit falling from â‚ą244 crore in the prior quarter.
What Does This Mean?
- The strong year-over-year growth reflects GRSE’s renewed momentum, likely driven by robust order inflows and efficient execution.
- The sequential dip suggests some short-term fluctuations—possibly seasonal order cycles or project execution phases—but these aren’t uncommon in the defence manufacturing sector.
- The market reaction—a 7% stock surge—indicates investor confidence in GRSE’s long-term fundamentals despite quarterly volatility.
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