Cochin Shipyard Limited share price
NSE: COCHINSHIP · ISIN INE704P01025
Key numbers
- Market cap
- ₹ 36,226 Cr
- Current price
- ₹ 1,377.00
- 52-week high / low
- ₹ 1,937 / 1,187
- Stock P/E
- 53.2
- Book value
- ₹ 223.2
- Dividend yield
- 0.82%
- ROCE
- 16.0%
- ROE
- 12.5%
- Debt to equity
- 0.28
- Sales growth (3 yrs)
- 26.9%
- Profit growth (3 yrs)
- 33.0%
- 1-year return
- -27.3%
About Cochin Shipyard Limited
Cochin Shipyard Limited, together with its subsidiaries, engages in the building and repair of ships and offshore structures in India and internationally. The company operates through two segments, Shipbuilding and Ship Repair. It offers shipbuilding products, including aircraft carriers, missile vessels, anti-submarine warfare shallow water crafts, technology demonstration vessels, floating border outpost vessels, fast patrol vessels, hydrographic survey vessels, offshore patrol vessels, and pollution control vessels for the defence market; oil tankers, bulk carriers, dredgers, pax vessels, tugs, special purpose vessels, deck cargo/jacket launch barges, electric autonomous vessels and passenger ferries, ro-pax vessels, specialised fishing vessels, marine ambulances, zero emission feeder container vessels, and commissioning and hybrid operation vessels for the commercial market; and platform supply vessels and anchor handling/tug supply vessels for the offshore market, as well as product carriers, passenger vessels, high bollard pull tugs, and air defence ships. The company also provides ship repair services, such as maintenance and repair of aircraft carriers and other defense…
Quarterly results
Consolidated figures in ₹ crores
| Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 1,069 | 1,119 | 1,350 | 1,484 | 1,094 |
| Operating profit | 207 | 43 | 154 | 278 | 161 |
| Net profit | 188 | 108 | 145 | 276 | 151 |
| EPS (₹) | 7.14 | 4.09 | 5.50 | 10.51 | 5.76 |
Concall summary (2026-09-18)
AI summary of the earnings call transcript · tone: Positive · source document
Guidance & outlook
- Finally, coming to our order book, our current unexecuted order book stands at around INR 22,000 crores, which continues to provide us with good revenue visibility.
- And we are targeting a revenue as per our business plan, we are targeting a revenue of INR 640 crores by 5th year.
Growth & demand
- Once this contract concludes, the order book will be around INR 27,000 crores.
- Like, on signing, they will pay 10%, then keel laying 10%, launching 10%, and delivery, maybe 70%.
Margins & costs
- Our EBITDA margin for the quarter was around 24%, while PAT margin stood at around 14%.
- EBITDA margin will be around 14%, blended on a very conservative basis.
Capex & expansion
- So, the total investment in this sector is around INR 1,000 crores in the next 10 years, and major pie is for the battery.
- So, having capitalized or commissioned the two capex projects of ISRF and Drydock, which where we have spent around INR 3,000 crores without any loan, that cash surplus is also not there now.
Balance sheet & cash
- Cochin Shipyard Limited September 10, 2026 We also plan to fund these projects through a combination of debt and equity.
- Despite the strong PAT in FY26, operating cash flow was negative, mainly because of that increase in inventory and receivables.
Peers in Aerospace & Defense
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