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 StockRule-based from financial data. Not advice.
Historically, Apr has averaged the highest return (+25.5%); Feb the lowest (-11.7%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.4%Positive MonthJan 2026: +2.43% | -10.1%Negative MonthFeb 2026: -10.06% | -20.0%Negative MonthMar 2026: -20.01% | +45.3%Positive MonthApr 2026: +45.26% | -15.4%Negative MonthMay 2026: -15.38% | +2.7%Positive MonthJun 2026: +2.69% | -8.3%*Negative MonthJul 2026: -8.32% | β | β | β | β | β |
| 2025 | -0.5%Neutral MonthJan 2025: -0.48% | -17.2%Negative MonthFeb 2025: -17.17% | +10.8%Positive MonthMar 2025: +10.81% | +13.2%Positive MonthApr 2025: +13.16% | +22.4%Positive MonthMay 2025: +22.42% | +6.0%Positive MonthJun 2025: +5.97% | -14.2%Negative MonthJul 2025: -14.21% | -9.2%Negative MonthAug 2025: -9.19% | +11.2%Positive MonthSep 2025: +11.24% | -0.0%Neutral MonthOct 2025: -0.03% | -6.9%Negative MonthNov 2025: -6.87% | -2.7%Negative MonthDec 2025: -2.74% |
| 2024 | +34.9%Positive MonthJan 2024: +34.87% | -4.2%Negative MonthFeb 2024: -4.15% | -0.4%Neutral MonthMar 2024: -0.36% | +49.5%Positive MonthApr 2024: +49.49% | +49.5%Positive MonthMay 2024: +49.46% | +13.6%Positive MonthJun 2024: +13.60% | +18.4%Positive MonthJul 2024: +18.40% | -27.9%Negative MonthAug 2024: -27.86% | -8.4%Negative MonthSep 2024: -8.38% | -13.4%Negative MonthOct 2024: -13.42% | +5.2%Positive MonthNov 2024: +5.19% | -2.4%Negative MonthDec 2024: -2.36% |
| 2023 | -4.3%Negative MonthJan 2023: -4.34% | -11.7%Negative MonthFeb 2023: -11.68% | +5.3%Positive MonthMar 2023: +5.35% | +5.8%Positive MonthApr 2023: +5.79% | -1.5%Neutral MonthMay 2023: -1.50% | +14.0%Positive MonthJun 2023: +14.02% | +18.3%Positive MonthJul 2023: +18.34% | +35.4%Positive MonthAug 2023: +35.37% | +19.8%Positive MonthSep 2023: +19.84% | -12.3%Negative MonthOct 2023: -12.35% | +26.7%Positive MonthNov 2023: +26.67% | +12.3%Positive MonthDec 2023: +12.35% |
| 2022 | -3.7%Negative MonthJan 2022: -3.75% | -15.4%Negative MonthFeb 2022: -15.39% | +1.3%Neutral MonthMar 2022: +1.34% | +13.9%Positive MonthApr 2022: +13.86% | -3.4%Negative MonthMay 2022: -3.44% | -3.7%Negative MonthJun 2022: -3.74% | +7.0%Positive MonthJul 2022: +7.04% | +13.1%Positive MonthAug 2022: +13.08% | +17.3%Positive MonthSep 2022: +17.28% | +22.2%Positive MonthOct 2022: +22.21% | +23.6%Positive MonthNov 2022: +23.64% | -19.9%Negative MonthDec 2022: -19.89% |
| 2021 | β | β | β | β | β | +1.4%Neutral MonthJun 2021: +1.42% | -2.2%Negative MonthJul 2021: -2.21% | -5.6%Negative MonthAug 2021: -5.57% | +2.0%Positive MonthSep 2021: +2.03% | -3.7%Negative MonthOct 2021: -3.67% | -2.7%Negative MonthNov 2021: -2.70% | +4.8%Positive MonthDec 2021: +4.77% |
| AvgΒ±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position β all Januaries together, all Februaries together, and so on β to show whether a given month has leaned positive or negative historically. βSimpleβ counts each month as +1 or β1. βWeightedβ gives larger moves more influence: +2 above +10%, β2 below β10%. With only 6 years of history for this asset, each monthβs score reflects a small number of observations β read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the assetβs full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each dayβs closing price by the price on January 1st of that year (or the assetβs first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in βAverage fromβ, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
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 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Net Sales | 1,798 | 1,583 | 1,990 | 2,059 | 2,355 | 2,966 | 3,422 | 2,819 | 3,190 | 2,330 | 3,645 | 4,528 | 4,650 |
| Total Expenses | 1,381 | 1,493 | 1,598 | 1,669 | 1,890 | 2,392 | 2,708 | 2,092 | 2,555 | 2,057 | 2,760 | 3,642 | 3,865 |
| EBIT / Operating Profit | 417 | 90 | 393 | 390 | 465 | 574 | 714 | 727 | 635 | 273 | 885 | 886 | 785 |
| OPM % | 23% | 6% | 20% | 19% | 20% | 19% | 21% | 26% | 20% | 12% | 24% | 20% | 17% |
| Other Income | 61 | 77 | 107 | 154 | 189 | 227 | 247 | 194 | 266 | 268 | 307 | 380 | 382 |
| Finance Costs | 20 | 19 | 12 | 12 | 12 | 15 | 50 | 57 | 53 | 42 | 42 | 49 | 49 |
| Depreciation & Amortisation | 25 | 38 | 37 | 39 | 38 | 34 | 49 | 53 | 54 | 51 | 57 | 84 | 104 |
| Profit Before Tax | 433 | 110 | 450 | 493 | 605 | 751 | 863 | 811 | 794 | 448 | 1,094 | 1,134 | 1,014 |
| Tax % | 35% | 37% | 35% | 35% | 34% | 36% | 26% | 25% | 26% | 25% | 26% | 26% | - |
| Net Profit / PAT | 282 | 69 | 292 | 322 | 397 | 481 | 638 | 610 | 587 | 334 | 813 | 843 | 758 |
| EPS (βΉ) | 12.43 | 3.06 | 12.88 | 14.19 | 14.59 | 18.29 | 24.24 | 23.19 | 22.29 | 12.71 | 30.91 | 32.04 | 28.81 |
| Dividend Payout % | 6% | 25% | 30% | 32% | 41% | 36% | 34% | 33% | 38% | 67% | 32% | 30% | - |
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% |
