Cochin Shipyard Limited
₹1,119.00-₹36.00 (-3.1%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹40,692 Cr
- P/E
- 53.7x
- EV / EBITDA
- 33.1x
- Revenue
- ₹4,528 Cr
- Net margin
- 22.3%
- ROCE
- 16.0%
Price chart
Technical chartScreen technicals →-37.2% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -14.9%
- 3M
- -20.2%
- 6M
- -35.5%
- 1Y
- -37.2%
- 5Y
- +513.9%
52-week range
Day change -₹36.00 (-3.1%) from ₹1,155 to ₹1,119 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in COCHINSHIP, bought on each weekday since 2021.
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.
About the company
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.
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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.
- Sector
- Industrials
- Shares outstanding
- 26.3 Cr shares
- ISIN
- INE704P01025
- BSE code
- 540678
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹40,692 Cr
- P/E
- 53.7x
- P/B
- 7.1x
- EV / EBITDA
- 33.1x
- EV / Sales
- 10.8x
- P/S
- 11.2x
- Earnings yield
- 1.9%
- 52-week high
- ₹1,823.15
- 52-week low
- ₹1,119.00
Profitability
- Operating margin
- 24.3%
- Net margin
- 22.3%
- EBITDA margin
- 32.7%
- ROE
- 16.2%
- ROCE
- 16.0%
- ROA
- 6.8%
- Dividend payout
- 32.0%
- Tax rate
- 26.0%
- Other income, % of PBT
- 28.1%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹4,528 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 24.2%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 1.3%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,192 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 120.3%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 3.7%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 5.0%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹173 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -108.4%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹65.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 19.9%
Solvency and efficiency
- Current ratio
- 1.41
- Debt / Equity
- 0.10
- Debt / Assets
- 0.04
- Debt / EBITDA
- 0.41
- Interest coverage
- 21.07
- Financial leverage
- 2.36
- CFO / Net profit
- -0.21
- Cash / Market cap
- 21.2%
- Cash per share
- ₹327.48
- Asset turnover
- 0.31
- Fixed asset turnover
- 5.05
- Capital intensity
- 0.20
- Debtor days
- 29 days
- Inventory turnover
- 1.70
- Cash conversion cycle
- 150 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹19 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹3,642 Cr |
| Sales | Operating profit | ₹886 Cr |
| Operating profit | Interest | ₹49 Cr |
| Operating profit | Depreciation | ₹84 Cr |
| Operating profit | Profit before tax | ₹753 Cr |
| Other income | Profit before tax | ₹380 Cr |
| Profit before tax | Tax and other | ₹291 Cr |
| Profit before tax | Net profit | ₹843 Cr |
Revenue and net profit
Revenue grew 24.2% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹2,819 Cr | ₹610 Cr |
| FY2022 | ₹3,190 Cr | ₹587 Cr |
| FY2023 | ₹2,330 Cr | ₹334 Cr |
| FY2024 | ₹3,645 Cr | ₹813 Cr |
| FY2025 | ₹4,528 Cr | ₹843 Cr |
Cash flows
FY2025: -₹269 Cr from operations, ₹344 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹670 Cr | ₹224 Cr |
| FY2022 | ₹1,415 Cr | ₹404 Cr |
| FY2023 | ₹2,051 Cr | ₹1,825 Cr |
| FY2024 | -₹173 Cr | ₹305 Cr |
| FY2025 | -₹269 Cr | ₹344 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹4,528 Cr+24.2%1Y
- Net profit
- ₹843 Cr+3.7%1Y
- Cash from operations
- -₹269 Cr
- Free cash flow
- ₹344 Cr+12.8%1Y
- Revenue CAGR, 5Y
- 1.3%
- EBITDA CAGR, 5Y
- 4.4%
- Net profit CAGR, 5Y
- 5.0%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹4,528 Cr | ₹886 Cr | — | ₹843 Cr | -₹269 Cr | ₹344 Cr | 15.0% | +24.2% | +3.7% |
Monthly returns
Month-by-month returns of COCHINSHIP across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹13,045 Cr |
| Equity capital | ₹132 Cr |
| Reserves | ₹5,479 Cr |
| Borrowings | ₹501 Cr |
| Other liabilities | ₹6,934 Cr |
| Assets | ₹13,045 Cr |
| Fixed assets | ₹2,804 Cr |
| Capital work in progress | ₹511 Cr |
| Investments | ₹359 Cr |
| Other assets | ₹9,372 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
COCHINSHIP trades at 53.7x earnings against a peer median of 38.3x (a 40% premium).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Cochin Shipyard LimitedCOCHINSHIPthis companyP/E ↑ premium | ₹40,692 Cr | 53.7x | 7.1x | 16.2% | 33.1x |
| APL Apollo Tubes LimitedAPLAPOLLO | ₹52,948 Cr | 115.0x | 16.7x | 15.7% | 69.1x |
| Supreme Industries Ltd.SUPREMEIND | ₹44,014 Cr | 54.2x | 8.7x | — | — |
| Escorts Kubota LimitedESCORTS | ₹41,649 Cr | 34.4x | 3.5x | 11.5% | 24.8x |
| KEI Industries Ltd.KEI | ₹41,222 Cr | 52.1x | 6.7x | 18.5% | 45.8x |
| Container Corporation Of India Ltd.CONCOR | ₹39,406 Cr | 30.8x | 3.1x | 10.4% | 17.0x |
| ASTRAL LIMITEDASTRAL | ₹38,636 Cr | 68.7x | 10.2x | 17.6% | 42.0x |
| AIA Engineering Ltd.AIAENG | ₹36,683 Cr | 34.3x | 5.2x | 17.5% | 22.9x |
| Thermax Ltd.THERMAX | ₹35,324 Cr | 60.8x | 8.7x | 12.4% | 51.7x |
| Peer median | — | 38.3x | 5.2x | 15.2% | 25.8x |
Year-to-date ROI
COCHINSHIP since 1 January, against earlier years.
Historical volatility
COCHINSHIP's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 26.0% |
| FY2022 | 20.0% |
| FY2023 | 12.0% |
| FY2024 | 24.0% |
| FY2025 | 20.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹4,528 Cr |
| Costs | |
| Interest | ₹49 Cr |
| Expenses | ₹3,642 Cr |
| Operating profitOperating Profit | ₹886 Cr |
| Other income and charges | |
| Profit before tax | ₹1,134 Cr |
| Tax | |
| Net profitNet Profit | ₹843 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹13,045 Cr |
| Equity capitalEquity Capital | ₹132 Cr |
| Reserves | ₹5,479 Cr |
| Borrowings | ₹501 Cr |
| Other liabilitiesOther Liabilities | ₹6,934 Cr |
| AssetsTotal Assets | ₹13,045 Cr |
| Fixed assetsFixed Assets | ₹2,804 Cr |
| Capital work in progressCWIP | ₹511 Cr |
| Investments | ₹359 Cr |
| Other assetsOther Assets | ₹9,372 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | -₹269 Cr |
| Investing cash flowCash from Investing Activity | ₹613 Cr |
| Financing cash flowCash from Financing Activity | -₹279 Cr |
| Change in cashNet Cash Flow | ₹65 Cr |
Learn while you research
Academy chapters picked for Cochin Shipyard Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 53.7, learn when high multiples are justified.6 min read
- 04 Growth Investing24% revenue growth is in the top tier, learn how to value growth.7 min read
- 05 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read