Stox
40
Cochin Shipyard Ltd.
NSE: COCHINSHIP · Capital Goods
₹1,220.00-1.05%06 Nov 2026
Ask the data
Instant answers about Cochin Shipyard Ltd. — computed from its filings, no language modelMarket cap₹32,096 cr
Current price₹1,220.00
High / Low₹1,815 / ₹1,114
P/E47.2
P/B5.47
Book value₹223.2
ROE11.6%
ROCE15.2%
Debt / equity0.19
Dividend yield0.80%
EPS (TTM)₹25.85
Face value₹5
Price & valuation
split & bonus adjusted · pick a metric and rangeAnnual performance
annual · ₹ crore · line = operating margin| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | 3,422 | 2,819 | 3,191 | 2,365 | 3,830 | 4,820 | 5,022 |
| EBITDA | 706 | 716 | 623 | 253 | 869 | 878 | 811 |
| Operating margin | 20.6% | 25.4% | 19.5% | 10.7% | 22.7% | 18.2% | 16.2% |
| Interest | 45 | 51 | 47 | 35 | 33 | 39 | 92 |
| Depreciation | 49 | 60 | 70 | 69 | 75 | 103 | 130 |
| Profit before tax | 858 | 808 | 766 | 418 | 1,071 | 1,125 | 999 |
| Tax | 226 | 199 | 202 | 114 | 288 | 298 | 282 |
| Net profit | 632 | 609 | 564 | 305 | 783 | 827 | 717 |
| EPS ₹ | 48.05 | 46.27 | 42.87 | 23.16 | 29.77 | 31.45 | 27.24 |
| Operating cash flow | — | — | 1,397 | 1,889 | -172 | -297 | -1,234 |
| Capex | — | — | 175 | 45 | 30 | 403 | 70 |
| Dividend paid | — | — | 204 | 233 | 237 | 256 | 256 |
| Total assets | 6,407 | 7,519 | 8,414 | 10,021 | 12,074 | 13,399 | 14,531 |
| Equity | 3,723 | 4,033 | 4,393 | 4,428 | 5,003 | 5,579 | 5,873 |
Quarterly performance
last 29 quarters · ₹ crore| JUN '19 | SEP '19 | DEC '19 | MAR '20 | JUN '20 | SEP '20 | DEC '20 | MAR '21 | JUN '21 | SEP '21 | DEC '21 | MAR '22 | JUN '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 735 | 971 | 896 | 817 | 332 | 657 | 749 | 1,080 | 329 | 696 | 953 | 1,212 | 441 | 683 | 642 | 600 | 476 | 1,012 | 1,056 | 1,286 | 771 | 1,143 | 1,148 | 1,758 | 1,069 | 1,119 | 1,350 | 1,484 | 1,094 |
| Operating profit | 141 | 205 | 198 | 162 | 16 | 125 | 316 | 258 | 21 | 164 | 141 | 296 | 32 | 135 | 149 | -67 | 79 | 191 | 310 | 288 | 177 | 197 | 237 | 266 | 241 | 74 | 187 | 310 | 193 |
| Operating margin | 19.2% | 21.1% | 22.1% | 19.9% | 5.0% | 19.1% | 42.2% | 23.8% | 6.4% | 23.6% | 14.8% | 24.4% | 7.1% | 19.8% | 23.2% | -11.2% | 16.5% | 18.9% | 29.4% | 22.4% | 23.0% | 17.3% | 20.7% | 15.1% | 22.6% | 6.6% | 13.8% | 20.9% | 17.7% |
| Other income | 67 | 80 | 54 | 44 | 64 | 45 | 15 | 68 | 46 | 42 | 63 | 112 | 56 | 62 | 23 | 71 | 84 | 89 | 58 | 80 | 84 | 101 | 47 | 157 | 54 | 127 | 71 | 157 | 67 |
| Interest | 11 | 11 | 11 | 11 | 11 | 11 | 12 | 17 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | -1 | 9 | 10 | 8 | 7 | 7 | 9 | 11 | 12 | 12 | 20 | 28 | 32 | 25 |
| Depreciation | 12 | 12 | 12 | 12 | 12 | 14 | 17 | 17 | 17 | 17 | 18 | 18 | 19 | 20 | 19 | 11 | 17 | 19 | 20 | 19 | 19 | 26 | 32 | 27 | 34 | 31 | 33 | 32 | 32 |
| Profit before tax | 185 | 261 | 228 | 183 | 57 | 145 | 302 | 304 | 40 | 177 | 175 | 374 | 56 | 165 | 140 | 57 | 137 | 251 | 340 | 342 | 236 | 263 | 242 | 384 | 250 | 150 | 197 | 403 | 202 |
| Tax | 66 | 55 | 58 | 46 | 15 | 38 | 78 | 68 | 11 | 46 | 46 | 100 | 14 | 52 | 30 | 17 | 39 | 70 | 96 | 83 | 62 | 74 | 65 | 97 | 62 | 42 | 52 | 126 | 51 |
| Net profit | 119 | 206 | 170 | 138 | 41 | 107 | 224 | 236 | 29 | 131 | 129 | 275 | 42 | 113 | 110 | 39 | 99 | 182 | 244 | 259 | 174 | 189 | 177 | 287 | 188 | 108 | 145 | 276 | 151 |
| EPS ₹ | 9.05 | 15.70 | 12.91 | 10.46 | 3.15 | 8.15 | 17.01 | 17.96 | 2.18 | 9.98 | 9.84 | 20.88 | 3.21 | 8.57 | 8.39 | 2.99 | 7.50 | 13.80 | 18.58 | 9.84 | 6.62 | 7.18 | 6.73 | 10.92 | 7.14 | 4.09 | 5.50 | 10.51 | 5.76 |
| Revenue YoY | — | — | — | — | -54.8% | -32.3% | -16.4% | 32.3% | -0.9% | 5.9% | 27.3% | 12.2% | 33.8% | -1.9% | -32.7% | -50.5% | 7.9% | 48.1% | 64.6% | 114.3% | 62.1% | 13.0% | 8.6% | 36.7% | 38.5% | -2.2% | 17.7% | -15.6% | 2.4% |
| Profit YoY | — | — | — | — | -65.2% | -48.1% | 31.8% | 71.8% | -30.8% | 22.5% | -42.2% | 16.3% | 47.2% | -14.1% | -14.7% | -85.7% | 133.9% | 60.9% | 121.4% | 558.1% | 76.6% | 4.1% | -27.6% | 10.9% | 7.8% | -43.1% | -18.3% | -3.7% | -19.4% |
Earlier results (standalone, Jun '17 – Mar '19)
₹ crore · from BSE, before the NSE XBRL filings beginCochin Shipyard Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.
Full years
| FY18† | FY19† | |
|---|---|---|
| Revenue | 2,355 | 2,962 |
| Operating profit | 461 | 572 |
| Operating margin | 19.6% | 19.3% |
| Other income | 193 | 228 |
| Interest | 11 | 14 |
| Depreciation | 38 | 34 |
| Profit before tax | 605 | 751 |
| Tax | 208 | 270 |
| Net profit | 397 | 481 |
Quarters
| JUN '17† | SEP '17† | DEC '17† | MAR '18† | JUN '18† | SEP '18† | DEC '18† | MAR '19† | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 556 | 583 | 615 | 601 | 659 | 799 | 716 | 788 |
| Operating profit | 114 | 94 | 137 | 115 | 115 | 188 | 158 | 110 |
| Operating margin | 20.5% | 16.2% | 22.3% | 19.2% | 17.5% | 23.5% | 22.1% | 14.0% |
| Other income | 39 | 65 | 51 | 38 | 58 | 56 | 50 | 65 |
| Interest | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 5 |
| Depreciation | 10 | 10 | 9 | 9 | 8 | 8 | 9 | 9 |
| Profit before tax | 140 | 147 | 176 | 142 | 161 | 232 | 197 | 161 |
| Tax | 49 | 47 | 62 | 50 | 55 | 85 | 67 | 63 |
| Net profit | 91 | 100 | 114 | 92 | 106 | 148 | 130 | 98 |
| EPS ₹ | 8.05 | 7.93 | 8.37 | 6.74 | 7.82 | 10.86 | 9.58 | 7.41 |
| Revenue YoY | — | — | — | — | 18.4% | 37.1% | 16.5% | 31.1% |
| Profit YoY | — | — | — | — | 16.6% | 47.3% | 14.0% | 6.4% |
Returns & margins
trailing-twelve-month, per quarter| MAR '20 | JUN '20 | SEP '20 | DEC '20 | MAR '21 | JUN '21 | SEP '21 | DEC '21 | MAR '22 | JUN '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 17.0% | 14.9% | 12.2% | 13.7% | 15.1% | 14.8% | 15.4% | 13.0% | 12.8% | 13.1% | 12.4% | 12.0% | 6.9% | 8.2% | 9.1% | 12.0% | 15.7% | 17.2% | 16.4% | 15.1% | 14.8% | 15.1% | 13.3% | 12.8% | 12.2% | 11.6% |
| ROCE | 23.5% | 20.1% | 17.1% | 19.1% | 20.7% | 20.3% | 21.1% | 18.0% | 18.0% | 18.4% | 17.7% | 16.9% | 9.9% | 11.6% | 12.7% | 16.7% | 22.0% | 23.9% | 22.9% | 21.1% | 20.6% | 20.9% | 17.2% | 16.7% | 15.7% | 15.2% |
| Net margin | 18.5% | 18.4% | 16.9% | 20.0% | 21.6% | 21.2% | 21.7% | 17.2% | 17.7% | 17.5% | 17.0% | 18.1% | 12.9% | 15.0% | 15.8% | 17.9% | 20.5% | 20.8% | 20.4% | 18.4% | 17.2% | 16.4% | 14.9% | 13.7% | 14.3% | 13.5% |
| EBITDA margin | 20.6% | 19.3% | 18.6% | 24.3% | 25.4% | 25.6% | 26.6% | 19.1% | 19.5% | 19.2% | 18.4% | 20.5% | 10.5% | 12.3% | 12.9% | 16.3% | 22.7% | 23.4% | 22.9% | 20.7% | 18.2% | 18.4% | 16.1% | 14.5% | 16.2% | 15.1% |
| Debt / equity | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.10 | 0.10 | 0.19 | 0.19 |
| Interest coverage | 20.10 | 17.13 | 14.48 | 15.98 | 16.74 | 16.31 | 16.85 | 14.37 | 17.26 | 17.51 | 17.13 | 16.26 | 12.95 | 16.74 | 21.06 | 32.23 | 33.22 | 38.64 | 39.38 | 33.41 | 30.16 | 26.80 | 19.67 | 14.59 | 11.79 | 10.00 |
| Asset turnover | 0.53 | 0.47 | 0.42 | 0.40 | 0.37 | 0.37 | 0.38 | 0.41 | 0.38 | 0.39 | 0.40 | 0.36 | 0.24 | 0.24 | 0.25 | 0.29 | 0.32 | 0.34 | 0.34 | 0.35 | 0.36 | 0.38 | 0.36 | 0.37 | 0.35 | 0.35 |
Balance sheet
equity vs borrowings over time · ₹ crore| MAR '18‡ | MAR '19‡ | MAR '20‡ | MAR '21‡ | MAR '22‡ | SEP '22 | MAR '23 | SEP '23 | MAR '24 | SEP '24 | MAR '25 | SEP '25 | MAR '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Share capital | 136 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 |
| Other equity / reserves | 3,120 | 3,197 | 3,591 | 3,902 | 4,262 | 4,366 | 4,296 | 4,571 | 4,872 | 5,144 | 5,448 | 5,566 | 5,741 |
| Total equity | 3,255 | 3,329 | 3,723 | 4,033 | 4,393 | 4,498 | 4,428 | 4,703 | 5,003 | 5,276 | 5,579 | 5,697 | 5,873 |
| Borrowings | 123 | 123 | 123 | 123 | 123 | 130 | 133 | 141 | 23 | 24 | 69 | 596 | 1,099 |
| Current liabilities | 2,074 | 1,762 | 2,156 | 2,937 | 3,466 | 3,113 | 5,121 | 5,760 | 6,548 | 6,596 | 7,277 | 7,949 | 7,981 |
| Non-current liabilities | 148 | 150 | 528 | 548 | 555 | 558 | 472 | 495 | 523 | 524 | 543 | 606 | 677 |
| Total assets | 5,483 | 5,246 | 6,407 | 7,519 | 8,414 | 8,169 | 10,021 | 10,958 | 12,074 | 12,395 | 13,399 | 14,253 | 14,531 |
| Property, plant & equipment | 284 | 313 | 700 | 432 | 547 | 532 | 943 | 948 | 949 | 1,685 | 3,034 | 3,158 | 3,156 |
| Capital work-in-progress | 121 | 342 | 799 | 1,176 | 1,264 | 1,346 | 1,602 | 1,968 | 2,195 | 1,719 | 515 | 578 | 586 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 113 |
| Inventories | 315 | 283 | 313 | 434 | 306 | 310 | 373 | 747 | 1,026 | 1,736 | 1,885 | 2,160 | 2,288 |
| Receivables | 580 | 392 | 288 | 353 | 390 | 670 | 338 | 322 | 355 | 470 | 229 | 560 | 423 |
| Cash & equivalents | 807 | 1,021 | 867 | 729 | 1,415 | 1,326 | 2,081 | 2,150 | 2,587 | 278 | 317 | 108 | 105 |
Cash flow
annual · ₹ crore · line = free cash flow| FY18‡ | FY19‡ | FY20‡ | FY21‡ | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 631 | -451 | 253 | 710 | 1,397 | 1,889 | -172 | -297 | -1,234 |
| Cash from investing | -1,312 | 1,074 | -97 | -443 | -472 | -35 | 1,056 | 538 | 327 |
| Cash from financing | 812 | -409 | -309 | -405 | -239 | -276 | -371 | -277 | 696 |
| Capex | 14 | 58 | 38 | 53 | 175 | 45 | 30 | 403 | 70 |
| Free cash flow | 617 | -509 | 215 | 657 | 1,223 | 1,844 | -202 | -700 | -1,304 |
| Dividends paid | 102 | 163 | 192 | 368 | 204 | 233 | 237 | 256 | 256 |
Where the assets sit
Mar '26 · ₹ croreFixed assets (PPE)₹3,156 cr22%
CWIP₹586 cr4%
Investments₹113 cr1%
Inventories₹2,288 cr16%
Receivables₹423 cr3%
Cash & equivalents₹105 cr1%
Other assets₹7,858 cr54%
Peer comparison
largest in Capital Goods · this company in bold| Company | Market cap ₹cr | Price | P/E | P/B | ROE |
|---|---|---|---|---|---|
| Hindustan Aeronautics Ltd. | 3,33,052 | 4,980.00 | 35.7 | 8.12 | 22.7% |
| Bharat Electronics Ltd. | 2,89,468 | 396.00 | 45.2 | 11.02 | 24.4% |
| Tata Motors Ltd. | 1,56,797 | 425.50 | 24.8 | 10.26 | 41.3% |
| Bharat Heavy Electricals Ltd. | 1,45,828 | 418.80 | 50.7 | 5.45 | 10.8% |
| ABB India Ltd. | 1,43,541 | 6,774.00 | 55.7 | 15.37 | 27.6% |
| Siemens Ltd. | 1,26,736 | 3,560.00 | 28.2 | 8.02 | 28.4% |
| Hitachi Energy India Ltd. | 1,23,988 | 27,800.00 | 107.8 | 23.95 | 22.2% |
| CG Power and Industrial Solutions Ltd. | 1,21,786 | 773.00 | 89.1 | 13.94 | 15.6% |
| Polycab India Ltd. | 1,18,610 | 7,871.00 | 37.6 | 9.06 | 24.1% |
| Cummins India Ltd. | 1,12,233 | 4,048.80 | 49.8 | 13.52 | 27.1% |
| Cochin Shipyard Ltd. | 32,096 | 1,220.00 | 47.2 | 5.47 | 11.6% |
StoxGud checklist: Neutral setup · 4/10
- Price above 50-day average
- Price above 200-day average
- 50-day average above 200-day (uptrend)
- RSI in healthy 40–70 zone
- Positive 1-year return
- Return on equity above 15%
- Debt to equity below 1
- Revenue growing year on year
- Net profit margin above 10%
- P/E below industry median
A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.
Returns & technicals
1 month-2.8%
6 months-32.8%
1 year-32.4%
3Y CAGR+34.4%
5Y CAGR+46.1%
10Y CAGR—
50-day avg₹1,320.52
200-day avg₹1,442.84
RSI (14)46
Compare Cochin Shipyard Ltd. with
FAQs
What is the share price of Cochin Shipyard Ltd.?
Cochin Shipyard Ltd. (COCHINSHIP) closed at ₹1,220.00 on NSE on 06 Nov 2026.
What is the market cap of Cochin Shipyard Ltd.?
₹32,096 crore at the latest close.
What is the P/E ratio of Cochin Shipyard Ltd.?
47.2, on trailing-twelve-month earnings from its filings.
How fast is Cochin Shipyard Ltd. growing?
Cochin Shipyard Ltd.: revenue has compounded at 28.5% a year over three years; net profit at 33.0% a year. Latest-quarter revenue is up 2.4% year on year, profit down 19.4%.
How profitable is Cochin Shipyard Ltd.?
On a trailing-twelve-month basis return on equity is 11.6%, return on capital employed 15.2%, operating margin 15.1%, net margin 13.5%.
How much debt does Cochin Shipyard Ltd. have?
Cochin Shipyard Ltd. is lightly geared: debt to equity is 0.19 with borrowings of ₹1,099 cr against cash of ₹105 cr (balance sheet of 2026-03-31). Operating profit covers interest 10.0 times.
Financials parsed from Cochin Shipyard Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '19, annual from FY20, balance sheet from Mar '18. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.
Cochin Shipyard Ltd. · advanced chart