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Cochin Shipyard Limited

Cochin Shipyard Limited

COCHINSHIP.BO
Cochin Shipyard LimitedIN flagBombay Stock Exchange
1,418.00
INR
+11.45
- -
372.69BMarket Cap
Cochin Shipyard Limited
COCHINSHIP.BO
(Bombay Stock Exchange)

Recent

price

1,418.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
62.06
74.21
78.8
69.11
87.98
90.88
92.09
109.96
129.55
105.52
118.86
88.12
142.56
183.23
190.86
190.93
Revenue per Share
6.86
11.78
12.52
3.14
12.04
14.22
15.5
17.75
24.02
23.14
21.43
11.58
29.77
31.45
27.24
27.24
Basic EPS, GAAP
11.88
-4.22
-26.7
27.52
-0.63
6.27
21.75
-27.4
-9.21
10.66
43.15
58.44
-30.61
-20.6
-52.65
- -
Free Cash Flow per Basic Share
0.74
0.87
0.75
0.75
0.75
3.83
3.97
6.06
7.32
14
7.75
8.87
9
9.75
9.75
- -
Dividend per Share
39.78
46.82
57.99
5
67.46
5
83.16
81.39
98.28
107.52
121.17
123.82
145.21
166.89
5
5
Book Value per Share
44.9
54.02
62.56
65.44
76.82
86.66
125
121.43
139.12
150.91
165.93
167.29
189.3
211.57
222.9
222.98
Tangible Book Value per Share
227
227
227
227
227
227
256
269
263
263
263
263
263
263
263
263
Basic Weighted Avg Shares
14,060
16,812
17,851
15,656
19,935
20,589
23,551
29,622
34,081
27,761
31,273
23,188
37,510
48,200
50,219
50,219
Sales/Revenue/Turnover
1.93
9.69
11.97
-10.34
16.43
17.55
18.8
18.87
21.17
25.94
20.99
11.54
22.46
16.07
13.57
13.57
Operating Margin (%)
174
143
216
347
345
358
375
342
489
598
697
688
803
1,032
1,298
- -
Depreciation Expense
1,553
2,669
2,836
712
2,727
3,221
3,964
4,781
6,320
6,087
5,640
3,047
7,833
8,273
7,167
7,165
Net Income, GAAP
32.64
32.97
34.74
36.36
35.02
34.79
34.42
36.08
26.32
24.68
26.37
27.18
26.86
26.47
28.26
28.26
Effective Tax Rate (%)
11.05
15.88
15.89
4.55
13.68
15.65
16.83
16.14
18.54
21.92
18.03
13.14
20.88
17.16
14.27
14.27
Profit Margin (%)
7,027
7,799
11,553
12,331
13,010
16,670
27,680
23,557
22,730
21,184
23,781
20,175
21,037
23,894
26,404
26,404
Working Capital
- -
- -
1,230
1,230
1,230
1,230
1,230
1,230
4,963
5,140
5,195
4,275
4,723
4,832
5,590
5,590
LT Debt
10,174
12,239
14,901
15,631
18,143
20,311
32,611
33,339
37,229
40,335
43,932
44,276
50,033
55,793
58,728
58,728
Total Equity
- -
9.75
9.15
-5.83
11.61
11.48
10.64
10.69
14.18
12.52
10.27
3.99
11.98
9.89
7.15
7.15
Return on Invested Capital (%)
- -
28.76
21.87
8.8
29.72
34.86
32.39
21.3
24.49
19.98
16.84
9.01
20.07
18.45
23.19
23.18
Return on Capital (%)
- -
27.21
23.89
9.98
33.22
39.24
35.39
22.14
26.46
22.48
18.75
9.45
22.13
20.15
31.7
31.69
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
6,084
- -
11,127
LT Borrowings
240
- -
230
LT Finance Leases
5,236
- -
5,360
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
263
- -
263
Market Capitalization
470,655
426,205
314,071

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
103,398
- -
106,216
Cash, Cash Equivalents & STI
29,327
- -
25,121
Accounts Receivable, Net
5,604
- -
4,232
Inventories
21,600
- -
22,884
Total Current Liabilities
79,491
- -
79,812
Payables & Accruals
- -
- -
- -
ST Debt
6,084
- -
11,127
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.42%
7.89%
5.26%
Free Cash Flow
-101.35%
62.14%
155.65%
Net Income, GAAP
18.63%
19.2%
-13.37%
Sales/Revenue/Turnover
12.12%
16.25%
4.19%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,759
10,117
10,564
12,066
37,510
2025
7,715
11,432
11,476
17,577
48,200
2026
10,686
11,186
13,504
14,843
50,219

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.75
6.9
9.29
- -
29.77
2025
6.62
7.18
6.73
10.92
31.45
2026
7.14
4.09
5.5
10.51
27.24

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
9
2025
- -
- -
- -
- -
9.75
2026
- -
- -
- -
- -
9.75
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Business
Cochin Shipyard Limited is a leading Indian shipbuilding and ship repair company established in 1972 and headquartered in Kochi, Kerala. The company specializes in the construction, repair, and maintenance of a wide range of vessels including merchant ships, offshore vessels, defense ships, tankers, product carriers, bulk carriers, passenger vessels, high bollard pull tugs, and air defense ships. Cochin Shipyard operates advanced facilities capable of building ships up to 110,000 DWT and repairing vessels up to 125,000 DWT, including large projects such as LNG carriers and aircraft carriers. It also provides marine engineering training and runs research and development initiatives in shipbuilding technologies. Recently, Cochin Shipyard has expanded its operations with the inauguration of a new International Ship Repair Facility and a large dry dock equipped with a 600-ton gantry crane to enhance its capacity for complex repairs. The company signed a Master Ship Repair Agreement with the US Navy in 2024, positioning it for increased international ship repair contracts. Cochin Shipyard has a strong focus on green technologies, developing hydrogen fuel cell ferries, electric catamaran ferries, and autonomous vessel prototypes, alongside a ₹50 crore startup funding programme for marine technology innovation. It maintains a robust international order book with significant export opportunities and strategic partnerships with global firms in the UAE and South Korea, aiming to strengthen its global footprint in shipbuilding and repairs. The company is a Schedule A Miniratna enterprise under the Ministry of Ports, Shipping, and Waterways and holds ISO 9001, ISO 14001, and ISO 45001 certifications for quality, environment, and safety management systems. Cochin Shipyard continues to dominate the Indian shipbuilding sector while advancing its presence in international markets through technology upgrades and expansion of capacity and services.