Cochin Shipyard

Is Cochin Shipyard overvalued or undervalued?

As of January 12, 2024, Cochin Shipyard is considered very expensive and overvalued, with a high PE ratio of 76.08 and other valuation metrics significantly exceeding industry norms, indicating its stock price is inflated compared to peers in the Aerospace & Defense sector.

As of 12 January 2024, Cochin Shipyard's valuation grade has moved from expensive to very expensive. The company is currently overvalued, as indicated by its high PE ratio of 76.08, a Price to Book Value of 11.28, and an EV to EBITDA ratio of 68.79. These ratios significantly exceed industry norms, suggesting that the stock is priced well above its intrinsic value.<BR><BR>In comparison to its peers, Cochin Shipyard's PE ratio is notably higher than that of similar companies in the Aerospace & Defense sector, which typically exhibit lower valuations. For instance, if we consider a peer with a PE ratio of around 30, Cochin Shipyard's valuation appears excessively inflated. Additionally, the company's recent stock performance has outpaced the Sensex, with a year-to-date return of 50.04% compared to the Sensex's 5.60%, which may further contribute to the perception of overvaluation.

Who are the peers of the Cochin Shipyard?

Cochin Shipyard's peers include Hind.Aeronautics, Bharat Electron, Mazagon Dock, and others, with varying management risks and growth rates. Mazagon Dock leads in 1-year returns at 112.16%, while Cochin Shipyard has a return of 1.76%.

Peers: The peers of Cochin Shipyard are Hind.Aeronautics, Bharat Electron, Mazagon Dock, Bharat Dynamics, Garden Reach Sh., Zen Technologies, Data Pattern, Astra Microwave, Mishra Dhatu Nig, and Unimech Aero.<BR><BR>Quality Snapshot: Excellent management risk is observed at Hind.Aeronautics, Bharat Electron, and Mazagon Dock, while Good management risk is found at Bharat Dynamics, Cochin Shipyard, Garden Reach Sh., Zen Technologies, Data Pattern, Astra Microwave, Mishra Dhatu Nig, and Unimech Aero. Growth is Excellent for Hind.Aeronautics, Bharat Electron, Mazagon Dock, Garden Reach Sh., and Zen Technologies, whereas Cochin Shipyard and Bharat Dynamics exhibit Below Average growth, with the rest showing Good growth. Excellent capital structure is noted at Hind.Aeronautics, Bharat Electron, Mazagon Dock, Bharat Dynamics, Cochin Shipyard, Garden Reach Sh., Zen Technologies, and Data Pattern, while Astra Microwave and Mishra Dhatu Nig have Good capital structure, and Unimech Aero also has Excellent capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Mazagon Dock at 112.16%, while Mishra Dhatu Nig has the lowest at -5.99%. Cochin Shipyard's 1-year return is 1.76%, which is higher than Mishra Dhatu Nig but significantly lower than Mazagon Dock. Additionally, Mishra Dhatu Nig is the only peer with a negative six-month return.

Who are in the management team of Cochin Shipyard?

As of March 2022, the management team of Cochin Shipyard includes Madhu Sankunny Nair (Chairman & Managing Director), Bejoy Bhasker (Director Technical), Jose V J (Director Finance & CFO), and several other directors, both official and independent, overseeing the company's operations and strategy.

As of March 2022, the management team of Cochin Shipyard includes the following individuals:<BR><BR>1. Madhu Sankunny Nair - Chairman & Managing Director<BR>2. Bejoy Bhasker - Director (Technical)<BR>3. Jose V J - Director (Finance) & CFO<BR>4. Syamkamal N - Company Secretary & Compliance Officer<BR>5. Sreejith K Narayanan - Director (Operation)<BR>6. Rajesh Kumar Sinha - Official Director (Part time)<BR>7. Biju Prabhakar - Official Director (Part time)<BR>8. VIKRAM SINGH - Official Director (Part time)<BR><BR>Additionally, there are several Non-Official Independent Directors:<BR>1. Ashok Sharma<BR>2. M Venkatesan<BR>3. Prithviraj Harichandan<BR>4. Abhijit Biswas<BR>5. Amrapali Prashant Salve<BR>6. Nahar Singh Maheshwari<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

What does Cochin Shipyard do?

Cochin Shipyard Ltd, a government-owned company established in 1972, specializes in shipbuilding within the Aerospace & Defense industry, reporting net sales of ₹17,576 Cr and a net profit of ₹2,872 Cr for Q1 2025. It has a market cap of ₹50,402 Cr and key metrics include a P/E ratio of 62.00 and a dividend yield of 0.51%.

Overview:<BR>Cochin Shipyard Ltd is a large-cap company operating in the Aerospace & Defense industry, primarily engaged in shipbuilding operations.<BR><BR>History:<BR>Cochin Shipyard Ltd was incorporated in March 1972 as a fully owned Government of India company. It was conferred 'Schedule A', Category-I CPSE status under the Ministry of Shipping in July 2023. The latest reported quarter for net sales and profit is March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 17,576 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 2,872 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 50,402 Cr (Large Cap)<BR><BR>Key Metrics:<BR>P/E: 62.00 <BR>Industry P/E: 55 <BR>Dividend Yield: 0.51% <BR>Debt Equity: -0.46 <BR>Return on Equity: 14.83% <BR>Price to Book: 9.07 <BR><BR>Contact Details:<BR>Address: Administrative Building, Cochin Shipyard Premises Kochi Kerala : 682015 <BR>Tel: 91-484-2501306/2501307 <BR>Email: secretary@cochinshipyard.com <BR>Website: http://www.cochinshipyard.com

Who are the top shareholders of the Cochin Shipyard?

The top shareholders of Cochin Shipyard include The President of India with 67.91%, Life Insurance Corporation of India at 2.92%, individual investors with 19.76%, 21 mutual fund schemes holding 3.42%, and 125 foreign institutional investors with a combined 2.87%.

The top shareholders of Cochin Shipyard include The President of India, who holds the largest stake at 67.91%. Other significant shareholders are Life Insurance Corporation of India, which holds 2.92%, and various individual investors, who collectively own 19.76%. Additionally, there are 21 mutual fund schemes that hold 3.42% of the shares, and 125 foreign institutional investors (FIIs) with a combined holding of 2.87%.

How big is Cochin Shipyard?

As of 24th July, Cochin Shipyard Ltd has a market capitalization of 49,199.00 Cr, with Net Sales of 4,819.96 Cr and a Net Profit of 827.34 Cr for the latest four quarters. The company reported Shareholder's Funds of 5,003.34 Cr and Total Assets of 11,937.97 Cr for the annual period ending in March 2024.

As of 24th July, Cochin Shipyard Ltd has a market capitalization of 49,199.00 Cr, categorizing it as a Large Cap company.<BR><BR>In the latest four quarters, Cochin Shipyard reported Net Sales of 4,819.96 Cr and a Net Profit of 827.34 Cr.<BR><BR>For the latest annual period ending in March 2024, the company had Shareholder's Funds amounting to 5,003.34 Cr and Total Assets of 11,937.97 Cr.

How has been the historical performance of Cochin Shipyard?

Cochin Shipyard has shown significant growth in net sales and profits from March 2023 to March 2025, with net sales rising from 2,364.55 crore to 4,819.96 crore and profit after tax increasing from 304.71 crore to 827.33 crore. However, cash flow from operating activities turned negative, highlighting a need for improved cash management despite strong revenue growth.

Answer:<BR>The historical performance of Cochin Shipyard shows a significant upward trend in net sales and profit over the years, particularly from March 2023 to March 2025.<BR><BR>Breakdown:<BR>Cochin Shipyard's net sales increased from 2,364.55 crore in March 2023 to 4,819.96 crore in March 2025, reflecting a strong growth trajectory. Total operating income followed a similar pattern, rising from 2,364.55 crore to 4,819.96 crore during the same period. The company's operating profit (PBDIT) also saw a substantial increase, from 460.48 crore in March 2023 to 1,266.93 crore in March 2025, indicating improved operational efficiency. Profit before tax rose from 418.44 crore to 1,125.17 crore, while profit after tax increased from 304.71 crore to 827.33 crore, showcasing a robust bottom line. On the balance sheet, total assets grew from 9,916.42 crore in March 2023 to 13,289.58 crore in March 2025, with total liabilities increasing correspondingly from 9,916.42 crore to 13,289.58 crore. Cash flow from operating activities, however, turned negative, dropping from 1,889.00 crore in March 2023 to -296.00 crore in March 2025, indicating challenges in cash generation despite the growth in profits. Overall, Cochin Shipyard has demonstrated strong revenue and profit growth, although cash flow management appears to be an area needing attention.

Is Cochin Shipyard technically bullish or bearish?

As of December 2, 2025, Cochin Shipyard's trend is mildly bearish, supported by weekly MACD and Bollinger Bands, despite daily moving averages showing mild bullishness, with overall bearish sentiment influenced by recent price declines and negative returns compared to the Sensex.

As of 2 December 2025, the technical trend for Cochin Shipyard has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD and Bollinger Bands indicating bearish signals. The Dow Theory also supports a mildly bearish outlook on both weekly and monthly time frames. Although the daily moving averages show a mildly bullish trend, this is overshadowed by the overall bearish indicators in the weekly and monthly analyses. The RSI shows no signal, indicating a lack of momentum in either direction. Overall, the strength of the bearish sentiment is moderate, influenced by the recent price decline from the previous close and the negative returns over the past month compared to the Sensex.

When is the next results date for Cochin Shipyard Ltd?

The next results date for Cochin Shipyard Ltd is 28 January 2026.

The next results date for Cochin Shipyard Ltd is scheduled for 28 January 2026.

Are Cochin Shipyard Ltd latest results good or bad?

Cochin Shipyard Ltd's latest results show mixed performance; while revenue increased by 17.67% to ₹1,350.41 crores, net profit fell by 18.26% to ₹144.67 crores, and operating margins contracted significantly, indicating potential challenges ahead for the company's financial health.

Cochin Shipyard Ltd's latest results indicate a mixed performance, leaning towards negative trends. In the December 2025 quarter, the company reported a revenue increase of 17.67% year-on-year, reaching ₹1,350.41 crores. However, this growth did not translate into profitability, as net profit fell by 18.26% to ₹144.67 crores compared to the same quarter last year.<BR><BR>A significant concern is the sharp contraction in operating margins, which dropped to 13.82% from 20.69% a year ago. This margin compression suggests rising operational inefficiencies and cost pressures, particularly with employee costs and interest expenses surging significantly. The reliance on non-operating income for profitability further raises questions about the sustainability of earnings quality.<BR><BR>Overall, while revenue growth is a positive sign, the decline in net profit and operating margins points to underlying challenges that could affect the company's financial health moving forward. Investors may need to be cautious given these trends.

Should I buy, sell or hold Cochin Shipyard Ltd?

Has Cochin Shipyard Ltd declared dividend?

Yes, Cochin Shipyard Ltd has declared a dividend of 70% (₹4 per share) with an ex-date of February 3, 2026. The company has shown strong long-term performance, with total returns of 598.3% over the last 3 years and 911.22% over the last 4 years.

Cochin Shipyard Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 70%<BR>- Amount per share: 4<BR>- Ex-date: 03 Feb 26<BR><BR>Dividend Yield: 0.47%.<BR><BR>Total Returns by Period:<BR>In the last 3 months, the price return was -6.84%, the dividend return was 0.42%, resulting in a total return of -6.42%.<BR><BR>Over the past 6 months, the price return was -7.07%, the dividend return was 0.43%, leading to a total return of -6.64%.<BR><BR>In the 1-year period, the price return was 13.8%, the dividend return was 0.78%, culminating in a total return of 14.58%.<BR><BR>For the 2-year period, the price return was 89.11%, the dividend return was 2.58%, resulting in a total return of 91.69%.<BR><BR>In the last 3 years, the price return was 582.57%, the dividend return was 15.73%, leading to a total return of 598.3%.<BR><BR>Over the past 4 years, the price return was 874.52%, the dividend return was 36.70%, culminating in a total return of 911.22%.<BR><BR>In the 5-year period, the price return was 851.07%, the dividend return was 33.98%, resulting in a total return of 885.05%.<BR><BR>Overall, Cochin Shipyard Ltd has declared a significant dividend, and the total returns over various periods indicate strong performance, particularly in the longer term, with substantial growth in both price and dividends.

Which are the latest news on Cochin Shipyard?

Why is Cochin Shipyard Ltd falling/rising?

As of 17-Mar, Cochin Shipyard Ltd's stock price is rising to 1,360.00, reflecting a 1.93% increase after a trend reversal following four days of decline. Despite recent challenges, including negative quarterly results and a weak long-term growth outlook, the stock's recent performance and increased trading volume indicate a potential short-term recovery.

As of 17-Mar, Cochin Shipyard Ltd's stock price is rising, currently at 1,360.00, which reflects an increase of 25.7 (1.93%). This upward movement comes after a trend reversal, as the stock has gained after four consecutive days of decline. Additionally, the stock has outperformed its sector by 0.43% today and reached an intraday high of Rs 1366.3, marking a 2.4% increase.<BR><BR>Investor participation has also risen, with a delivery volume of 4.86 lacs on 16 March, which is up by 58.72% compared to the 5-day average. Despite trading lower than its moving averages over various periods, the liquidity of the stock remains adequate for trading sizes of Rs 2.9 crore, indicating a healthy trading environment.<BR><BR>However, it is important to note that the company has faced challenges, including negative results for the last two consecutive quarters and a poor long-term growth outlook, with operating profit growing at only 2.61% annually over the past five years. Despite these concerns, the recent price increase suggests a short-term recovery or positive sentiment among investors, possibly driven by the increased trading volume and the stock's performance relative to its sector.

Why is Cochin Shipyard Ltd falling/rising?

As of 18-Mar, Cochin Shipyard Ltd's stock price is rising to 1,412.00, reflecting a 3.82% increase. However, despite short-term gains, the stock faces long-term challenges with a year-to-date decline of 12.87% and negative financial results, indicating caution for potential investors.

As of 18-Mar, Cochin Shipyard Ltd's stock price is rising, currently at 1,412.00, reflecting a change of 52.0 (3.82%) upward. This increase can be attributed to the stock outperforming its sector by 2.29% today and experiencing consecutive gains over the last two days, with a total return of 5.82% during this period. Additionally, the stock reached an intraday high of Rs 1414.6, marking a 4.01% increase.<BR><BR>Despite this positive movement, it is important to note that the stock has been underperforming in the longer term, with a year-to-date decline of 12.87% and a 7.69% drop over the past month. The stock is also trading below its moving averages across various time frames, indicating potential weakness. Furthermore, there has been a significant decrease in investor participation, with delivery volume falling by 28.74% against the five-day average.<BR><BR>The company's financial health raises concerns, as it has reported negative results for the last two consecutive quarters, with a 35.60% decline in profit before tax and an 18.3% drop in profit after tax. The low debt-to-equity ratio and majority ownership by promoters may provide some stability, but the overall outlook is tempered by poor long-term growth and a high valuation compared to peers.<BR><BR>In summary, while the stock is currently rising due to short-term gains and sector outperformance, the underlying financial challenges and declining investor interest suggest caution for potential investors.

Why is Cochin Shipyard Ltd falling/rising?

As of 19-Mar, Cochin Shipyard Ltd's stock price is declining, currently at 1,368.00, down 3.12%. This drop is part of a broader trend of underperformance against the benchmark Sensex and reflects negative financial results and a bearish outlook in the shipbuilding sector.

As of 19-Mar, Cochin Shipyard Ltd's stock price is falling, currently at 1,368.00, reflecting a decrease of 44.0 points or 3.12%. This decline is part of a broader trend, as the stock has underperformed the benchmark Sensex, which has fallen by 2.40% over the past week. Over the last month, Cochin Shipyard's stock has decreased by 10.25%, compared to a 10.05% decline in the Sensex.<BR><BR>Today's performance indicates that the stock has fallen after two consecutive days of gains, hitting an intraday low of Rs 1355, which represents a drop of 4.04%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. The shipbuilding sector itself has also experienced a decline of 3.59%, contributing to the negative sentiment surrounding the stock.<BR><BR>Despite a rise in investor participation, with delivery volume increasing by 13.32% against the 5-day average, the overall outlook remains bleak. The company has reported negative results for the last two consecutive quarters, with significant declines in profit before tax and profit after tax. Furthermore, the company's operating profit has only grown at an annual rate of 2.61% over the past five years, indicating poor long-term growth prospects. Coupled with a high price-to-book value ratio and a return on equity of 13.3, the stock is viewed as expensive compared to its peers.<BR><BR>In summary, the combination of negative financial results, underperformance relative to the market, and a declining sector has led to the falling stock price of Cochin Shipyard Ltd.

Why is Cochin Shipyard Ltd falling/rising?

As of 20-Mar, Cochin Shipyard Ltd's stock price is declining, currently at 1,341.60, reflecting a 1.45% decrease. The stock has lost 4.99% over the last two days and 11.59% over the past month, with negative financial results and waning investor interest contributing to its bearish trend.

As of 20-Mar, Cochin Shipyard Ltd's stock price is falling, currently at 1,341.60, which reflects a decrease of 19.75 or 1.45%. The stock has been on a downward trend, having lost 4.99% over the last two days and showing a significant decline of 11.59% over the past month. This performance is notably worse than the benchmark Sensex, which has only decreased by 10.00% in the same period.<BR><BR>The stock's current price is also below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Additionally, the shipbuilding sector has experienced a decline of 2.3%, which may be contributing to the stock's poor performance. <BR><BR>Investor participation appears to be waning, as evidenced by a 14.26% drop in delivery volume compared to the 5-day average, suggesting reduced interest from investors. Furthermore, the company has reported negative results for the last two consecutive quarters, with a significant fall in profit before tax and profit after tax, which has likely eroded investor confidence.<BR><BR>Overall, the combination of poor recent performance, declining investor interest, and negative financial results has led to the stock's current falling price.

Why is Cochin Shipyard Ltd falling/rising?

As of 24-Mar, Cochin Shipyard Ltd's stock price is rising to 1,305.10, reflecting a 2.85% increase after a trend reversal and heightened investor interest. Despite challenges like poor long-term growth and recent negative results, the stock's current rise is influenced by short-term trading dynamics.

As of 24-Mar, Cochin Shipyard Ltd's stock price is rising, currently at 1,305.10, reflecting a change of 36.15 (2.85%) upward. This increase can be attributed to several factors. Firstly, the stock has shown a trend reversal, gaining after three consecutive days of decline. It opened with a significant gap up of 4.43% today and reached an intraday high of Rs 1,325.15. Additionally, the stock has outperformed its sector by 2.24%, indicating a relative strength compared to its peers.<BR><BR>Investor participation has also increased, with delivery volume rising by 59.83% against the five-day average, suggesting heightened interest in the stock. Despite trading below its moving averages, the liquidity remains adequate for trading, with a value of Rs 2.66 crore based on 2% of the five-day average traded value.<BR><BR>However, it is important to note that the company has faced challenges, including poor long-term growth and negative results in the last two quarters. The operating profit has only grown at an annual rate of 2.61% over the last five years, and the stock has generated a return of -12.37% over the past year, with profits declining by -9%. Despite these negative factors, the current rise in stock price appears to be driven by short-term trading dynamics and increased investor interest.

Why is Cochin Shipyard Ltd falling/rising?

As of 25-Mar, Cochin Shipyard Ltd's stock price is rising to 1,317.35, reflecting a 0.94% increase. This short-term gain is driven by increased investor interest and recent outperformance, despite longer-term declines and negative quarterly results.

As of 25-Mar, Cochin Shipyard Ltd's stock price is rising, currently at 1,317.35, reflecting an increase of 12.25 (0.94%). This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 1.31% today and has shown a consecutive gain over the last two days, accumulating a total return of 3.81% during this period. Additionally, the stock reached an intraday high of Rs 1352, marking a rise of 3.59%.<BR><BR>Investor participation appears to be increasing, as evidenced by a delivery volume of 3.73 lacs on 24 March, which is up by 5.19% compared to the 5-day average delivery volume. This suggests a growing interest from investors, contributing to the stock's upward momentum.<BR><BR>However, it is important to note that despite the recent gains, Cochin Shipyard Ltd has been experiencing a decline in its stock price over longer periods, with a year-to-date drop of 18.71% and a 1-month decline of 11.46%. The company has also reported negative results for the last two consecutive quarters, which raises concerns about its long-term growth potential. Despite these challenges, the current rise in stock price reflects short-term positive sentiment and increased trading activity.