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. It operates through two segments, Shipbuilding and Ship Repair. The company 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, high bollard pull tugs, air defence ships, and other vessels. It also provides ship repair services, such as maintenance and repair of aircraft carriers and other defense vessels, as well as tankers, bulk carriers, and other commercial and specialized vessels; oil rig upgradation, repair projects, and conversion services; and upgradation of ships for oil exploration, periodical maintenance, and life extension services. In addition, the company offers marine engineering training services. The company exports its products in the United Arab Emirates, Bahamas, Cyprus, Germany, Saudi Arabia, the Netherlands, Norway, the United States, and Liberia. Cochin Shipyard Limited was founded in 1969 and is based in Ernakulam, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Healthy return on equity of 16.2%
Concerns1
- Slow revenue growth of 1.3% CAGR over 5 years
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ4.53 K Cr | β | βΉ843.00 Cr | β | β | 15.0% | 24.2% | 3.7% |
| Mar 2024 | βΉ3.65 K Cr | β | βΉ813.00 Cr | β | β | 16.2% | 56.4% | 143.4% |
| Mar 2023 | βΉ2.33 K Cr | β | βΉ334.00 Cr | β | β | 7.5% | -27.0% | -43.1% |
| Mar 2022 | βΉ3.19 K Cr | β | βΉ587.00 Cr | β | β | 13.5% | 13.2% | -3.8% |
| Mar 2021 | βΉ2.82 K Cr | β | βΉ610.00 Cr | β | β | 15.3% | -17.6% | -4.4% |
| Mar 2020 | βΉ3.42 K Cr | β | βΉ638.00 Cr | β | β | 17.1% | 15.4% | 32.6% |
| Mar 2019 | βΉ2.97 K Cr | β | βΉ481.00 Cr | β | β | 14.4% | 25.9% | 21.2% |
| Mar 2018 | βΉ2.35 K Cr | β | βΉ397.00 Cr | β | β | 12.2% | 14.4% | 23.3% |
| Mar 2017 | βΉ2.06 K Cr | β | βΉ322.00 Cr | β | β | 15.9% | 3.5% | 10.3% |
| Mar 2016 | βΉ1.99 K Cr | β | βΉ292.00 Cr | β | β | 16.0% | 25.7% | 323.2% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 4,650 |
| Total Expenses | 3,865 |
| EBIT / Operating Profit | 785 |
| OPM % | 17% |
| Other Income | 382 |
| Finance Costs | 49 |
| Depreciation & Amortisation | 104 |
| Profit Before Tax | 1,014 |
| Tax % | - |
| Net Profit / PAT | 758 |
| EPS (βΉ) | 28.81 |
| Dividend Payout % | - |
Peer Comparison
Industrials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Cochin Shipyard Limitedthis co. | βΉ40.69 K Cr | βΉ4.53 K Cr | 53.70 | 7.06 | 33.10 | 24.2% |
| Larsen & Toubro Limited | βΉ5.35 L Cr | βΉ1.43 L Cr | 52.20 | 7.87 | 34.29 | 12.9% |
| Adani Ports and Special Economic Zone Ltd | βΉ3.29 L Cr | βΉ7.91 K Cr | 159.00 | 10.36 | 62.82 | 16.2% |
| Solar Industries India Limited | βΉ1.15 L Cr | βΉ4.46 K Cr | 121.00 | 32.81 | 128.61 | 19.9% |
| Polycab India Limited | βΉ1.14 L Cr | βΉ21.91 K Cr | 46.90 | 10.84 | 42.32 | 21.4% |
| Cummins India Ltd. | βΉ1.10 L Cr | βΉ10.34 K Cr | 49.50 | 15.01 | 47.01 | 15.4% |
| Ashok Leyland Ltd. | βΉ1.09 L Cr | βΉ38.75 K Cr | 32.00 | 9.49 | 22.91 | 1.0% |
| Industry Average | β | βΉ5.40 K Cr | 57.83 | 7.16 | 40.88 | 45.0% |