Chairman & Managing Director, Goa Shipyard Limited

GOA
Joined December 2018
A cleanliness drive was organised at GSL Enclave, under Special Campaign 6.0, with a focus on promoting cleanliness and proper waste management in the residential area. The activity involved cleaning common areas, removing accumulated waste, clearing unwanted materials and ensuring a neat and hygienic environment. GSL team and Safai Mitras actively participated in the drive, demonstrating their collective commitment to maintaining a clean and well-organised residential area. The initiative highlighted the importance of participatory approach in fostering a clean, healthy and pleasant living environment.
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Goa Shipyard Limited proudly commissioned Indian Coast Guard Ship ICGS Ajit (Yard 1277), marking another significant milestone in India’s journey towards maritime self-reliance. The commissioning ceremony was graced by Dr Sirish Choudhary, IDAS, Principal Integrated Financial Advisor (Indian Coast Guard), as the Chief Guest, in the presence of DIG Manoj Bhatia, TM, District Commander, CGDHQ-11, Indian Coast Guard; RAdm Nelson A J D’Souza, NM, IN (Retd), Director (Operations); and Shri Jahangeer Alam Ansari, Director (Finance), Goa Shipyard Limited. Indigenously designed and built by GSL, ICGS Ajit will strengthen the Indian Coast Guard’s operational capabilities in safeguarding the nation’s maritime interests and enhancing coastal security, reinforcing the vision of Aatmanirbhar Bharat and Make in India. #GSL #IndianCoastGuard #ICGSAjit #AatmanirbharBharat #MakeInIndia #MaritimeSecurity
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Cleanliness Drive at Government Hospital, Chicalim As part of Special Campaign 6.0, #GSL conducted a cleanliness drive at the Government Hospital, Chicalim. The activity focused on cleaning and maintaining the hospital premises and surrounding areas to promote a clean, hygienic and healthy environment for patients, visitors and healthcare workforce. The cleanliness drive was actively carried out with the participation of team GSL and Safai Mitras, to ensure effective cleaning and proper waste management. The initiative reaffirmed GSL’s commitment to Swachhata, community welfare and cleanliness awareness.
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Goa Shipyard Limited (#GSL) held its 60th Annual General Meeting on 25 September 2026. FY 2025-26 emerged as an exceptional year, marked by record-setting performance and notable achievements, including itselevation from Schedule ‘B’ to Schedule ‘A’ CPSE status.Revenue from Operations stood at ₹3,764 crore, registering a robust year-on-year growth of 32%, while Total Revenue surpassed the ₹4,000 croremilestone, reaching ₹4,004 crore. Profitability remained strong, with EBITDA rising to ₹522 crore from ₹460 crore, while PBT grew to ₹442crore, reflecting an impressive growth of 17%. The AGM, inter alia, declared a final dividend of 171%, amounting to ₹8.55 per share of ₹5/- each, reinforcing GSL’s continuous focus on delivering strong shareholders return. GSL’s order book is poised to reach approximately ₹32,400 crore, upon signing of a high-value naval contract, providing a strong foundation for sustained growth and clear revenue visibility in the years ahead. CMD, GSL highlighted the Company’s operational achievements, its future outlook, contribution towards strengthening ‘Atmanirbhar Bharat’ in shipbuilding sector. GSL has shown exponential growth in its financial parameters over the last five years as depicted below:
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Goa Shipyard Limited (#GSL) welcomed Ms. L. Renthlei, Director, DPE, Ministry of Finance, Government of India, along with Ms. Kumudini Uikey, MRG to Director; Ms. Divya Ann Mathew, Assistant Director; Mr. Praful Bhagat, MRG to Economic Advisor; and Mr. Vishnu Bhardwaj, ASO, during their visit to GSL. The delegation was briefed on GSL’s shipbuilding capabilities, ongoing projects and its contribution towards strengthening India’s indigenous defence manufacturing ecosystem. #GoaShipyard #DPE #MinistryOfFinance #AatmanirbharBharat #AtmanirbharDefence #MakeInIndia #IndianDefence
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हिंदी—हमारी पहचान, हमारी विरासत, हमारा स्वाभिमान। 🇮🇳 हिंदी केवल एक भाषा नहीं, बल्कि देश की विविधता को एकता के सूत्र में पिरोने वाली हमारी सशक्त अभिव्यक्ति है। आइए, राजभाषा हिंदी के गौरव को बढ़ाएं और इसके समृद्ध स्वरूप को जन-जन तक पहुंचाएं। गोवा शिपयार्ड लिमिटेड की ओर से आप सभी को हिंदी दिवस की हार्दिक बधाई एवं शुभकामनाएं। #हिंदीदिवस #HindiDiwas #राजभाषा #GoaShipyardLimited
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Nurturing Integrity, Shaping a Better Tomorrow! 🌱 As part of the Vigilance Awareness Campaign 2026, an Essay Writing Competition was organised for school students, providing young minds an opportunity to reflect on the importance of integrity, ethics, transparency and accountability in building a stronger society. The seeds of a corruption-free nation are sown early—by nurturing values, fostering awareness and inspiring the next generation to uphold what is right. Together, let us inspire young minds to become responsible citizens and champions of integrity. #VigilanceAwareness #Integrity #Ethics #Transparency #YoungMinds #ResponsibleCitizenship
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#ICGSAjit (Yard 1277), Fast Patrol Vessel (FPV) indigenously designed & built by Goa Shipyard Limited (#GSL), was proudly handed over to @IndiaCoastGuard today. Powered by advanced CPP propulsion and equipped with high-end systems, the FPV incorporates over 65% indigenous content, strengthening India’s #MaritimeSecurity through EEZ patrol, anti-smuggling, anti-piracy & SAR operations. The milestone underscores GSL’s steadfast commitment to #AtmanirbharBharat & #MakeInIndia, showcasing India’s growing shipbuilding prowess and capability to deliver advanced, indigenously built defence platforms. #Defence #ICG #IndianShipbuilding
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Outreach Programme on the New Income Tax Act, 2025. Goa Shipyard Limited (GSL) hosted an Outreach Programme on the key provisions and changes introduced under the Income Tax Act, 2025. The programme was conducted by officials from the Income Tax Department, Panaji, led by Shri Jyothis Mohan, Additional Commissioner of Income Tax and Ms Priyanka Kamble, Deputy Commissioner of Income Tax along with other officials. The session aimed to create awareness among GSL employees about the key provisions and significant changes introduced under the new Income Tax Act, 2025, thereby promoting their understanding and compliance. #GSL #IncomeTaxAct2025 #CBDT #OutreachProgramme #TaxAwareness #EmployeeEngagement
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Goa Shipyard Limited proudly celebrated the 80th Independence Day of India with immense patriotic fervour and national pride. As India commemorates 150 years of Vande Mataram and embraces the spirit of Yuva Shakti for Viksit Bharat@2047, Team GSL reaffirmed its commitment to Nation-Building through indigenous shipbuilding, technological innovation and maritime excellence. Shri Brajesh Kumar Upadhyay, CMD, GSL, hoisted the National Flag and called upon Team GSL to uphold the ideals of freedom by driving self-reliance, innovation and excellence in service of a stronger, secure and future-ready India. From safeguarding our maritime frontiers to advancing Aatmanirbhar Bharat, every milestone at GSL is a tribute to the nation and its people. Honouring Freedom. Building Maritime Strength. Shaping Viksit Bharat. #IndependenceDay2026 #80thIndependenceDay #VandeMataram150 #YuvaShakti #ViksitBharat2047 #AatmanirbharBharat #MaritimeIndia #HarGharTiranga #GoaShipyardLimited
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The Hon’ble Minister of Commerce & Industry, Shri Piyush Goyal, conferred the prestigious “Promising Organisation Award” to #GSL for its exemplary contribution to the growth and development of Government e-Marketplace (GeM) through public procurement. The award was presented on the occasion of GeM’s 10th Foundation Day and was received on behalf of GSL by Shri P Ravindran, CGM (Commercial) and Shri Viraj Sawant, DGM (Purchase). This recognition is a testament to GSL’s commitment to promoting transparent, efficient and technology-driven public procurement.
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Recognizing a remarkable journey of unwavering commitment and dedicated service Shri Jahangeer Alam Ansari, Director (Finance), in the presence of Shri Nagesh D. Pai, Director (CPP&BD) and senior management, honoured the retiring officer for his significant contribution in the growth journey of GSL. We express our heartfelt gratitude and wish him happiness, well-being and a rewarding retirement as he embarks on a new chapter in life. #GSL #Retirement #TeamGSL
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Honouring a lifetime of dedication and commitment. Shri Jahangeer Alam Ansari, Director (Finance), in the presence of Shri Nagesh D. Pai, Director (CPP&BD) and senior management, felicitated the retiring employee in recognition of his exemplary service, professionalism and valuable contributions to GSL. We extend our sincere appreciation and wish him good health, happiness and a fulfilling, well-deserved retirement. #GSL #Retirement #TeamGSL
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Shri Brajesh Kumar Upadhyay, Vice Chairman, SCOPE & CMD, Goa Shipyard Limited, attended the inauguration of the 3rd batch of DAKSH (Development of Aspiration, Knowledge, Succession & Harmony), a flagship leadership development programme for senior executives of CPSEs, jointly curated by SCOPE and the Capacity Building Commission. The programme was inaugurated by Dr. Jitendra Singh, Hon'ble Minister of State, Government of India, in the presence of Shri K. Moses Chalai, Secretary, DPE; Smt S. Radha Chauhan, Chairperson, CBC; Dr. Alka Mittal, Member (Admin), CBC; Shri R. P. Sunkar, Member, PESB; Shri K.P. Mahadevaswamy, Chairman, SCOPE & CMD, NBCC; Shri Atul Sobti, Director General, SCOPE; and other senior Government and CPSE leaders, at the SCOPE Convention Centre, New Delhi. The year-long #DAKSH3 programme aims to develop future-ready CPSE leadership in support of the vision of #ViksitBharat through transformative leadership, institutional excellence and capacity building.
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Goa Shipyard Limited (#GSL) bids a fond farewell to its distinguished officers on their superannuation, marking the culmination of illustrious careers dedicated to strengthening India's maritime self-reliance and shipbuilding excellence. Shri Brajesh Kumar Upadhyay, @cmdgsl, felicitated the retiring officers in the presence of Shri Jahangeer Alam Ansari, Director (Finance), Shri Nagesh D. Pai, Director (CPP&BD), and senior management. He commended their unwavering dedication and invaluable contributions to #GSL, and extended heartfelt wishes for a joyful, healthy, and fulfilling retirement. #GoaShipyard #Retirement #Superannuation #TeamGSL #MaritimeExcellence
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Shri Jahangeer Alam Ansari, Director (Finance), in the presence of Shri Nagesh D. Pai, Director (CPP&BD), and senior management, felicitated the retiring employees in recognition of their dedicated service and valuable contributions to #GSL. We express our sincere appreciation and wish them good health, happiness, and a rewarding retirement.
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Took part in the handing-over ceremony of the Fast Patrol Vessel Lespwar, ambulances and utility vehicles for SDF at the Seychelles Coast Guard Base with President Dr. Patrick Herminie. @StateHouseSey
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The transfer of the Fast Patrol Vessel Lespwar to the Seychelles Coast Guard marks another important milestone in the growing India-Seychelles partnership in defence and maritime security. It is also the latest in a series of capability-building initiatives that reflect India's steadfast commitment to supporting the security priorities of Seychelles.
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Goa Shipyard Limited proudly commissioned Indian Coast Guard Ship ICGS Akshay (Yard 1273), marking yet another milestone in India's journey towards maritime self-reliance. The ceremony was graced by Smt Parama Sen, IA & AS, Additional Secretary (Personnel), Department of Expenditure, Ministry of Finance, as the Chief Guest, in the presence of IG Bhisham Sharma, PTM, TM, COMCG (West), Indian Coast Guard; Shri Jahangeer Alam Ansari, Director (Finance) and Shri Nagesh Das Pai, Director (CPP&BD). Indigenously designed and built by GSL, ICGS Akshay will significantly enhance the Indian Coast Guard's operational capabilities in safeguarding the nation's maritime interests, strengthening coastal security and reinforcing the vision of Aatmanirbhar Bharat and Make in India. #GSL #IndianCoastGuard #ICGSAkshay #AatmanirbharBharat #MakeInIndia #MaritimeSecurity
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Goa Shipyard Limited (#GSL) celebrated the 12th International Day of Yoga on 21 June 2026 with great enthusiasm under this year’s theme, “Yoga for Healthy Ageing.” 🧘‍♀️🌿 The event commenced with the ceremonial lighting of the lamp and inauguration by Shri Brajesh Kumar Upadhyay, CMD, GSL, along with Directors and Senior Management, in the presence of Yoga Shikshaks. The programme featured invigorating Yoga Asana sessions, insightful talks on “Yoga in Daily Life” and “Wellness”, an interactive session on “Stress and Burnout”, and practical yoga demonstrations, highlighting the role of yoga in promoting physical vitality, mental resilience, and holistic well-being across all stages of life. The event witnessed enthusiastic participation from GSL employees, CISF personnel, and their family members, reaffirming a collective commitment towards healthier living and active ageing. #InternationalDayOfYoga2026 #IDY2026 #YogaForHealthyAgeing #YogaForWellness
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