ALFA Finder| Management target | Revenue FY31 |
|---|
| Revenue growth | 2.4% YoY growth driven by three vessel deliveries in Q1. |
|---|---|
| Margins | EBITDA margin at 24%; PAT margin contracted to 14%. |
| Order book | Current order book ₹22,000 Cr; L1 for additional ₹5,000 Cr. |
| Demand visibility | Strong visibility through government green tug and defense vessel programs. |
| Management confidence | Balanced, focused on strategic joint ventures for operational efficiency. |
Growth
Revenue grew 2.4% YoY to ₹1,094 Cr; however, PAT dropped 19% YoY due to unfavorable vessel delivery mix.
Outlook
Order book expected to reach ₹27,000 Cr; targeting ₹640 Cr revenue from green JV by year five.
Risks
High concentration in low-margin ship building and negative operating cash flow due to inventory buildup.
Last quarter's promises, checked
Delivered
- Guided ISRF & Drydock completion → Operationalized in Q1 (= BEAT)
- Guided 14-15% top-line growth → Revenue grew 38% YoY to ₹1,068 Cr (= BEAT)
- Guided shipbuilding margin 10-12% → EBITDA margin at 28% (= BEAT)
Partly delivered
- Guided 15% PAT margin → Delivered 18% in Q1 (= BEAT)
Missed
- Guided ₹1,500 Cr ship repair revenue FY26 → Reported ₹250 Cr in Q1 (= MISS)
Earnings Call Transcript filed with NSE, NSE: COCHINSHIP. Summary written with AI assistance from the document.
Cochin Shipyard Ltd: key numbers
- Share price
- ₹1,196.00
- Market cap
- ₹31,464 Cr
- Revenue (annual)
- ₹5,022 Cr
- Net profit (annual)
- ₹716.7 Cr
- P/E (TTM)
- 50.2×Sector 32.8×
- Promoter holding
- 63.33%-4.58% QoQ
- FII holding
- 3.07%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Cochin Shipyard Ltd
All →Cochin Shipyard Bags ₹500 Cr Order from Ministry of Defence, Government of India
Cochin Shipyard signed a ~Rs. 500 crore contract with the Ministry of Defence for refit cum re-powering of a naval vessel. Execution is expected over about two years.
- Value
- ₹500.0 Cr
- From
- Ministry of Defence (MoD), Government of India
- Execution
- Approximately 2 years
Cochin Shipyard Dividend
Cochin Shipyard's board approved an interim dividend of Rs 0.60 per equity share on 10 November 2026. The record date is 16 November 2026, with payment proposed by 9 December 2026.
Cochin Shipyard Q2 FY27 Results: Net Profit ₹53.8 Cr, Down 50.0% YoY
Cochin Shipyard Ltd reported revenue from operations of ₹1,249 Cr (+11.7% YoY) and net profit of ₹53.8 Cr (-50.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹53.8 Cr · -50.0% YoY
Cochin Shipyard Annual General Meeting
Cochin Shipyard announced passing of two postal ballot resolutions, including the transfer of its ISRF undertaking, with the scrutiniser's report attached. Resolution 1 was approved with 99.996% of votes polled in favour.
Cochin Shipyard Board Meeting Date
Cochin Shipyard has scheduled its Board meeting for 10 Nov 2026 to consider Q1/H1 FY27 results and an interim dividend. No financial figures or dividend amount are disclosed in this advance intimation.
Cochin Shipyard Acquisition
Cochin Shipyard has signed the share transfer deed to acquire a 23% equity stake in Conoship International Holding B.V., completing the acquisition formalities. The letter gives no consideration amount.