Cochin Shipyard

    COCHINSHIP
    Defence
    ₹1325.00
    price as of 15/9/2026, 6:28:08 pm

    Market cap ₹34,858 Cr

    P/E
    51.32
    Day range
    ₹1,320.00 – ₹1,389.00
    52-week range
    ₹1,187.00 – ₹1,979.90
    Volume
    19.89 L
    Open
    ₹1,389.00
    Prev close
    ₹1,381.00

    Key metrics

    P/E (TTM)
    58.3
    EPS (TTM)
    ₹25.85
    Price / Book
    6.97
    ROE (FY26)
    12.5%
    ROCE (latest year)
    16%
    Dividend yield
    0.58%
    Net margin (TTM)
    13.5%
    Current ratio
    1.33
    Debt / Equity
    0.10
    Revenue growth (5y)
    12.2%
    EPS growth (5y)
    3.3%

    Moving averages (NSE)

    Simple moving averages of the NSE price, and where the last price sits against each
    5-day10-day20-day50-day100-day300-day
    ₹1,496.68Price below₹1,509.43Price below₹1,501.69Price below₹1,461.44Price below₹1,505.21Price below₹1,517.53Price below

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +28.5%
    Profit 3Y CAGR
    +33.0%
    Revenue YoY (Jun 2026)
    +2.3%
    Profit YoY (Jun 2026)
    -19.7%
    Operating margin
    18.0%
    Net margin
    13.8%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr450 Cr900 Cr1.4K Cr1.8K Cr0%8%16%24%32%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • Public
    • DII
    • FII

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-1.9K Cr-950 Cr0 Cr950 Cr1.9K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY19FY20FY21FY22FY23FY24FY25FY260%5%10%15%20%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr1.5K Cr3.0K Cr4.5K Cr6.0K Cr0.0x0.1x0.1x0.2x0.3x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales1,0121,0561,2867711,1431,1481,7581,0691,1191,3501,4841,094
    Expenses8217469985949469101,4928271,0451,1641,175901
    Operating Profit19131028817719723726624174187310193
    OPM %19%29%22%23%17%21%15%23%7%14%21%18%
    Other Income8958808410147157541277115767
    Interest10877911121220283225
    Depreciation192019192632273431333232
    Profit before tax251340342236263242384250150197403202
    Tax %28%28%24%26%28%27%25%25%28%26%31%25%
    Net Profit182244259174189177287188108145276151
    EPS in Rs₹6.90₹9.29₹9.84₹6.62₹7.18₹6.73₹10.92₹7.14₹4.09₹5.50₹10.51₹5.76

    From company filings, updated 15 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Working-capital cycle

    Debtor Days31

    -15 days since Mar 2021

    Inventory Days379

    +240 days since Mar 2021

    Days Payable159

    +29 days since Mar 2021

    Cash Conversion Cycle250

    +196 days since Mar 2021

    Working Capital Days16

    +24 days since Mar 2021

    Strengths, risks & growth

    Incorporated in the year 1972, Cochin Shipyard Limited(CSL) is a leading player in construction of all kinds of vessels, repairs and refits of all types of vessels including periodic upgradation and life extension of ships. CSL has built & repaired some of the largest ships for its esteemed customers across the globe. It has exported some 45 ships to various clients outside India. It has developed its expertise from building bulk carriers to smaller ships and ships which are more advanced in terms of technology such as Platform Supply vessels, Anchor Handling Tug Supply Vessels. [1]

    Strengths

    • Company has been maintaining a healthy dividend payout of 32.3%

    Risks

    • Earnings include an other income of Rs.423 Cr.
    • Promoter holding has decreased over last 3 years: -4.95%

    Compounded Sales Growth

    10 Years
    —
    5 Years
    +12%
    3 Years
    +29%
    TTM
    -1%

    Compounded Profit Growth

    10 Years
    —
    5 Years
    +4%
    3 Years
    +40%
    TTM
    -19%

    Stock Price CAGR

    10 Years
    —
    5 Years
    +49%
    3 Years
    +36%
    1 Year
    -24%

    Return on Equity

    10 Years
    —
    5 Years
    +13%
    3 Years
    +15%
    Last Year
    +13%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter67.91%67.91%67.91%67.91%0.00 pp
    FII3.22%2.74%3.10%2.83%-0.27 pp
    DII6.48%6.47%6.05%6.96%+0.91 pp
    Public22.38%22.88%22.95%22.30%-0.65 pp

    Filed with NSE for Jun 2026: promoters 67.91%, public 32.09% · XBRL filing

    Analysts & fund holdings

    50%
    50% recommend buy
    4 analysts cover the stock
    Valuation vs Machinery
    P/E51.3 vs 45.8
    Sector P/B6.15
    Beta2.04

    Who holds the shares, quarter by quarter

    Mutual funds 2.45% (+0.38 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters67.9%
    • Foreign institutions2.8%
    • Mutual funds2.5%
    • Insurance4.5%
    • Other domestic institutions0.0%
    • Retail19.5%
    • Others2.8%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    HSBC Midcap Fund0.80%1.80%+0.55 pp
    Quant Mid Cap Fund0.61%2.96%+2.96 pp
    Motilal Oswal Nifty India Defence Index Fund0.42%3.17%-0.06 pp
    Mahindra Manulife Mid Cap Fund0.28%2.00%+0.41 pp
    Kotak Arbitrage Fund0.21%0.11%+0.11 pp

    Scorecard

    Performance
    Avg
    Valuation
    High
    Growth
    Avg
    Profitability
    Avg
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Risk & trend

    From 248 daily sessions to 11 Sept 2026.

    Computed

    Risk

    Volatility (1Y)
    38.2%
    Downside volatility
    37.4%
    Worst 5% of days
    4.1%
    Average of that tail
    5.8%
    Max drawdown (1Y)
    38.1%
    Below its peak
    28.3%

    Against the market

    Beta vs Nifty 50
    1.35
    Correlation
    0.47
    Relative strength (3M)
    -0.3%
    ATR (14)
    3.3%

    Return

    Return 1M
    -8.4%
    Return 3M
    -2.2%
    Return 6M
    -6.3%
    Return 1Y
    —
    vs 200-day average
    -8.5%

    Momentum

    RSI (14)
    35.1
    MACD histogram
    -8.70
    Stochastic %K
    4.4
    ADX (14)
    15.0
    +DI / −DI
    22.4 / 36.4
    Money flow index
    47.6

    Participation

    Delivery (20d avg)
    33.4%
    vs its 60-day baseline
    -2.5 pts
    Volume vs 20-day
    +12.2σ
    Close vs day's VWAP
    -1.7%
    52-week position
    26 / 100

    These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.

    Financial quality

    From consolidated statements to 31 Mar 2026.

    Computed

    No F-Score: it needs two reporting periods a year apart that carry both an income statement and a balance sheet, and this company's filings do not yet line up that way. The ratios below need only the one period and are unaffected.

    Net debt
    ₹15,66,36,63,000
    Net debt / equity
    0.27
    EV / sales
    31.23

    Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.

    Corporate actions

    • dividend
      ₹3.50

      Interim Dividend - Rs 3.50 Per Share

      3 Feb 2026
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      18 Nov 2025
      ex-date
    • dividend
      ₹2.25

      Dividend - Rs 2.25 Per Share

      12 Sept 2025
      ex-date
    • dividend
      ₹3.50

      Interim Dividend - Rs 3.50 Per Share

      12 Feb 2025
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      19 Nov 2024
      ex-date
    • dividend
      ₹2.25

      Annual General Meeting/Dividend - Rs 2.25 Per Share

      23 Sept 2024
      ex-date
    • dividend
      ₹3.50

      Interim Dividend - Rs 3.50 Per Share

      12 Feb 2024
      ex-date
    • split
      Not available — not reported in this filing

      Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share

      10 Jan 2024
      ex-date
    • dividend
      ₹8.00

      Interim Dividend - Rs 8 Per Share

      20 Nov 2023
      ex-date
    • dividend
      ₹3.00

      Annual General Meeting/Dividend - Rs 3 Per Share

      21 Sept 2023
      ex-date
    • dividend
      ₹7.00

      Interim Dividend - Rs 7 Per Share

      22 Feb 2023
      ex-date
    • dividend
      ₹7.00

      Interim Dividend - Rs 7 Per Share

      21 Nov 2022
      ex-date
    • dividend
      ₹3.75

      Annual General Meeting/Dividend - Rs 3.75 Per Share

      21 Sept 2022
      ex-date
    • dividend
      ₹7.00

      Interim Dividend - Rs 7 Per Share

      21 Feb 2022
      ex-date
    • dividend
      ₹6.00

      Interim Dividend - Rs 6 Per Share

      23 Nov 2021
      ex-date
    • dividend
      ₹2.50

      Annual General Meeting/Dividend - Rs 2.50 Per Share

      21 Sept 2021
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      23 Feb 2021
      ex-date
    • dividend
      ₹9.00

      Interim Dividend - Rs 9.00 Per Share

      13 Jan 2021
      ex-date
    • dividend
      ₹15.00

      Annual General Meeting/Dividend - Rs 15 Per Share

      21 Sept 2020
      ex-date
    • dividend
      ₹1.63

      Interim Dividend - Rs 1.63 Per Share

      21 Nov 2019
      ex-date

    Company announcements

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Updates on Joint Venture

    CSL signs Joint Venture Agreement with DDW. Please refer attachment for details.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    Audio Recording of Investor/ Analyst Conference Call to discuss the Performance and Business Updates

    Company Update
    Announcement under Regulation 30 (LODR)-Investor Presentation

    Please refer the attachment.

    Company Update
    Comments Of The Board Of Directors Of The Company Pursuant To SEBI Master Circular Dated January 30, 2026

    Please refer the attachment.

    Others
    Board Meeting Outcome for CSL Board Approves The Proposal For Forming A Joint Venture With Drydocks World Dubai - FZCO (DDW)

    Please refer the attachment

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of Investor/ Analyst Conference Call to discuss Performance and Business Updates.

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Please refer the attachment.

    Corp. Action
    Intimation Of Record Date For Payment Of Final Dividend For FY 2025-26

    Please refer the attchment.

    Others
    Business Responsibility and Sustainability Reporting (BRSR)

    Business Responsibility and Sustaininability Report of Cochin Shipyard Limited for FY 2025-26.

    AGM/EGMPrice-sensitive
    Notice Of The 54Th AGM Of Cochin Shipyard Limited Scheduled On September 29, 2026.

    Notice of 54th AGM of Cochin Shipyard Limited scheduled on September 29, 2026 at 11:00 hrs. IST through VC/ OAVM.

    Others
    Reg. 34 (1) Annual Report.

    Annual Report of Cochin Shipyard Limited for the financial year 2025-26 including the Notice for the 54th AGM.

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Please refer the attachment.

    Company Update
    Disclosure Pursuant To Regulation 30 Of The SEBI LODR Regulations

    Please refer attachment

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Public Notice to Shareholders regarding the 54th AGM of the Company scheduled on September 29, 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Directorate

    Appointment of Non-Official (Independent) Director

    Filed with BSE (scrip 540678); the last 45 days. Documents open at bseindia.com.

    SEBI filings & orders

    From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.

    Buybacks, open offers & rights issues

    • Buyback - Post Buyback Public Announcement

      Cochin Shipyard Limited - Post Buyback Public Announcement

      24 Dec 2018
      Read on SEBI
    • Buyback - Final LOF

      Cochin Shipyard Limited - Final LOF

      29 Nov 2018
      Read on SEBI
    • Buyback - Draft Letter of Offer

      Cochin Shipyard Limited - Draft Letter of Offer

      31 Oct 2018
      Read on SEBI
    • Buyback - Public Announcement

      Cochin Shipyard Limited - Public Announcement

      23 Oct 2018
      Read on SEBI

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 7 Feb 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.