COCHINSHIP · Cochin Shipyard Ltd · Water Transportation
COCHINSHIP · Cochin Shipyard Ltd · Water Transportation
As of 05 Nov close
52-week range
33.1% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹1,094 Cr
Revenue YoY
PAT YoY
-19.4%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
5.9
P/S (TTM)
7.2
Sector P/E
28.6
Dividend yield
+0.7%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| COCHINSHIP (this stock) | 58.3 | 5.9 | +13.5% | +11.6% | 0.28 | +0.7% |
| Mazagon Dock Shipbuilders | 36.6 | 9.7 | +20.0% | +31.2% | 0.8 | +0.7% |
| Great Eastern Shipping Company | 7.7 | 1.1 | +54.4% | +18.9% | 3.71 | +2.6% |
| Shipping Corporation of India | 9.7 | 1.4 | +23.4% | +15.5% | 22.01 | +2.9% |
Promoter
stable
FII
falling 1q
MF
2.45% (+0.38pp)
rising 1q
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 08 Jul 2026 | President of India acting through the Ministry of Ports, Shipping and Waterways, Government of India | SELL | 1,20,49,170 | ₹1,713 Cr |
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- loweconomictimes.indiatimes.com· 21 Oct 2026, 09:27 pmAhead of Market: 10 things that will decide stock market action on Thursday
- lowlivemint.com· 14 Oct 2026, 01:15 pmMutual funds' September 2026 portfolio moves: Top 5 stocks bought and sold across large-, mid- and small-cap segments
- lowthehindubusinessline.com· 12 Oct 2026, 06:52 pmINS Mangrol commissioned: Indian Navy strengthens anti-submarine warfare
- loweconomictimes.indiatimes.com· 09 Oct 2026, 06:00 amStocks in news: TCS, ITC, Infosys, Cochin Shipyard and RIL
- mediumcorporate actionthehindu.com· 09 Oct 2026, 02:37 amCochin Shipyard gets order to build 40 ships from U.S., Germany, Norway, other nations: Sonowal
- mediumcorporate actioneconomictimes.indiatimes.com· 08 Oct 2026, 07:44 pmCochin Shipyard gets order to build 40 ships from US, Germany, Norway, other nations: Sarbananda Sonowal
- loweconomictimes.indiatimes.com· 30 Sept 2026, 09:18 amVishal Mega Mart among 3 stocks that closed crossing above VWAP - Strong Closing Gains
- mediumcorporate actionthehindubusinessline.com· 23 Sept 2026, 01:03 pmSynergy Marine Group, Cochin Shipyard to pursue shipbuilding, repair projects
- lowcorporate actioneconomictimes.indiatimes.com· 20 Sept 2026, 09:50 amDividends and stock splits: IRCTC, BEML among 150+ stocks with record dates this week. Check full list
- loweconomictimes.indiatimes.com· 17 Sept 2026, 09:09 amDividend alert! Last day to buy Cochin Shipyard, LT Foods among nearly 90 stocks for dividends. Do you own any?
- loweconomictimes.indiatimes.com· 14 Sept 2026, 09:15 pmAhead of Market: 10 things that will decide stock market action on Tuesday
- unknowneconomictimes.indiatimes.com· 13 Sept 2026, 01:01 pmDividends and stock splits: Hindustan Copper, Cochin Shipyard among 200+ stocks with record dates this week. Check full list
- unknowneconomictimes.indiatimes.com· 12 Sept 2026, 05:59 pmCochin Shipyard Ltd and Drydocks World form joint venture to strengthen India’s ship repair industry
- unknownlivemint.com· 12 Sept 2026, 09:49 amCochin Shipyard-Drydocks World JV bets on global fleets for India’s ship repair push
- unknowneconomictimes.indiatimes.com· 11 Sept 2026, 10:39 pmCochin Shipyard, DP World arm to develop and run Kochi ship repair facility
- loweconomictimes.indiatimes.com· 25 Aug 2026, 06:06 amIndia Inc’s equity fundraising surges past Rs 1.11 lakh crore on strong inflows in July-August
- loweconomictimes.indiatimes.com· 22 Aug 2026, 02:12 pmAnti-submarine warfare vessel INS Mangrol delivered to Indian Navy by Cochin Shipyard Limited
- lowthehindubusinessline.com· 21 Aug 2026, 04:34 pmIndian Navy receives third indigenous ASW shallow water craft ‘Mangrol’
- unknowneconomictimes.indiatimes.com· 20 Aug 2026, 09:15 amBlue Star among 4 F&O stocks with a sharp rise in futures open interest - Futures Interest Climbs
- loweconomictimes.indiatimes.com· 17 Aug 2026, 06:00 amStocks in news: Cochin Shipyard, Voltas, Patanjali Foods, and PhysicsWallah
Concalls & investor presentations
AI-generatedKey takeaway: Cochin Shipyard Limited (COCHINSHIP) reported FY27 Q1 turnover of INR 1,094.21 crores, up from INR 1,068.59 crores in the prior year, with PBT of INR 202.49 crores and PAT of INR 151.45 crores. EBITDA margin was 24%, and PAT margin was 14%. The company announced a 50-50 joint venture with Drydocks World, Dubai (DDW) for its International Ship Repair Facility (ISRF) at Willingdon Island, Kochi, with a slump sale consideration of INR 1,800 crores. The JV aims to expand ISRF's capacity by adding 10 workstations. Management expects a 14-15% EBITDA margin for FY27, citing lower margins from commercial orders and reduced cash surplus. The company also discussed plans for a Block Fabrication Facility at Kochi, now to be developed independently at a smaller scale, and a proposed ship repair facility at Vadinar, Gujarat, with environmental clearance expected soon. Additionally, CSL secured a 30-year lease for a hybrid shipbuilding and repair facility at V.O. Chidambaranar Port, Tuticorin, with an initial payment of INR 305.76 crores. The order book stood at INR 22,000 crores, with potential for INR 5,000 crores in new defense contracts. The Green Maritime Propulsion JV with HBL targets INR 640 crores in revenue by 2031, with 40% equity for CSL. Management noted that FY27 cash flow will turn positive as vessel deliveries proceed, with a projected return on capital of 14-15% for new investments.
The summary presents factual data and management statements without overtly positive or negative language.
Sourced from an exchange-filed transcript, dated 18 Sept 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Cochin Shipyard Limited (COCHINSHIP) presented an investor update on September 10, 2026, detailing its operational and financial performance. The company highlighted its diversified business segments, including shipbuilding, ship repair, and offshore fabrication, with a focus on both domestic and international markets. Key operational updates included the expansion of its ship repair facilities through joint ventures, such as the Kochi Ship Repair Cluster with DDW, Dubai, and the Vadinar Ship Repair Cluster in Gujarat. The company also mentioned its strategic investments in marine electrification technologies and an acquisition of a 23% stake in Conoship International Holding B.V. Financially, the company reported FY26 revenue of approximately Rs. 1,266 crores, with EBITDA of Rs. 716 crores and PAT of Rs. 5,021 crores. The order book stood at approximately Rs. 21,900 crores, with a significant portion allocated to defense projects. The company emphasized its compliance with international standards and ongoing infrastructure development projects. Management guided toward continued expansion and strategic partnerships to enhance operational capacity and market share.
The document provides factual updates on operations, financials, and strategic initiatives without overtly positive or negative language.
Sourced from an exchange-filed presentation, dated 10 Sept 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedCochin Shipyard Limited (CSL) emphasizes its strategic focus on expanding shipbuilding and repair capabilities, including the development of ship repair clusters in Kochi and Vadinar. The company highlights its commitment to sustainability through initiatives like solar power installations and participation in green shipping programs. CSL also mentions its efforts in technology absorption, innovation, and partnerships with academic institutions to enhance its in-house capabilities. Additionally, the report outlines the establishment of a dedicated division, CSL Strategic & Advanced Solutions (C-SAS), to explore future technologies and business models in the maritime sector.
- Expansion of ship repair clusters in Kochi and Vadinar to enhance national repair capacity and global competitiveness.
- Commitment to sustainability with initiatives such as solar power installations and participation in green shipping programs.
- Establishment of CSL Strategic & Advanced Solutions (C-SAS) to explore future technologies and business models in the maritime sector.
- Investment in technology absorption through collaborations with academic institutions and participation in research and development projects.
- Focus on corporate governance and compliance with regulatory requirements, including the implementation of internal financial controls and audit mechanisms.
Key takeaway: Cochin Shipyard Limited is strategically expanding its shipbuilding and repair capabilities, emphasizing sustainability and innovation, while actively engaging in corporate governance and compliance to support long-term growth in the maritime sector.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (6 items); Default / Covenant Breach (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
6 occurrencesRecent (last 12 months)
Cochin Shipyard Limited was fined by BSE and NSE for non-compliance with SEBI LODR Regulations, including insufficient independent directors, board meeting quorum, and constitution of various committees, with fines totaling ₹16,22,500, ₹11,800, ₹6,49,000, ₹6,49,000, ₹1,43,960, and ₹1,43,960 respectively (including GST) for the specified periods.
Earlier (1-3 years ago)
The company was fined by BSE and NSE for non-compliance with SEBI LODR Regulations, including delays in record date intimation and insufficient independent directors on the board.
BSE Limited imposed a fine of ₹11,800 (incl. GST) on the Company in May 2024 for a one working day delay in intimating the record date for payment of interest on the 8.51% Tax Free Secured Redeemable Non-Convertible Bonds (ISIN: INE704P07014) in November 2021.
Older (3+ years ago)
Cochin Shipyard Limited was fined by stock exchanges for non-compliance with Minimum Public Shareholding (MPS) requirements, non-appointment of Independent Directors including a Woman Director, and non-constitution of statutory committees. The fines were partially waived by NSE and BSE, with BSE still awaiting reply on representations for 2021-22.
Cochin Shipyard Limited was fined by BSE and NSE for non-compliance with SEBI (LODR) Regulations from April 2021 to December 2021.
Cochin Shipyard Limited (CSL) has not complied with the Corporate Governance conditions of SEBI LODR Regulations due to pending appointments of Independent Directors and a Woman Director. BSE waived the fine levied on the company, but NSE has not taken further action.
Default / Covenant Breach
2 occurrencesRecent (last 12 months)
The Company has been directed to file applications for termination of proceedings before relevant authorities regarding demands from statutory authorities for periods prior to the NCLT order initiating CIRP for Udupi Cochin Shipyard Limited.
Earlier (1-3 years ago)
The National Company Law Tribunal (NCLT) initiated the Corporate Insolvency Resolution Process (CIRP) for Udupi Cochin Shipyard Limited (UCSL) under the Insolvency and Bankruptcy Code, 2016 (IBC) on September 25, 2018.
Routine disclosures
Internal Control Weakness
2 occurrencesEarlier (1-3 years ago)
The auditor mentions evaluating the operating effectiveness of internal controls and identifying significant deficiencies in internal control.
Older (3+ years ago)
The company has pending registration or execution of lease agreements for leasehold properties, including ISRF Project Land-Phase-I, Adjoin Water body, ISRF Project Land-Phase-II, and Bed of backwaters-Reclaimed Land, held by Cochin Port Trust and Mumbai Port Trust, with no clear reason provided for not holding these properties in the company's name.
Contingent Liability
6 occurrencesRecent (last 12 months)
The company has a contingent liability of 27,312.93 lakhs related to claims by sub-contractors and suppliers that are currently under dispute and not acknowledged as debt.
Earlier (1-3 years ago)
The company has classified interest and penalties related to income taxes as contingent liabilities under Ind AS 37, due to uncertain tax treatments.
The company has a contingent liability related to potential deficiencies in interest payments under the Employees’ Provident Fund Scheme, 1952, which may need to be addressed based on actuarial valuations.
Older (3+ years ago)
The company has a contingent liability of ₹11,664.67 lakh in the form of letters of credit as of March 31, 2023.
Cochin Shipyard Limited has contingent liabilities and commitments as of March 31, 2022, which are detailed in Note 44 of its annual report.
The company has contingent liabilities related to guarantee repairs for newly built and repaired ships, with provisions made based on technical estimates and annual reviews until settlement.
Related-Party Transaction
4 occurrencesRecent (last 12 months)
The Company has entered into related party transactions that were not approved by an Audit Committee as required by Section 177 of the Companies Act, 2013, and the details were disclosed in the financial statements.
Older (3+ years ago)
Cochin Shipyard Limited (CSL) bore ₹77.88 lakhs in SAP implementation costs for its subsidiaries HCSL and UCSL, which are considered a related party transaction not at arm's length. Board approval under Section 188 of the Companies Act, 2013 was granted.
The company has disclosed related party transactions involving remuneration to Key Managerial Personnel and advances from a related party named SURESH as of March 31, 2022.
The company entered into a Memorandum of Understanding with Hooghly Cochin Shipyard Limited (HCSL), a wholly owned subsidiary, as approved by the Board on October 15, 2020.
Statutory dues in dispute
2 occurrencesOlder (3+ years ago)
Cochin Shipyard Limited has unpaid statutory dues under the Income Tax Act and Finance Act, 1994, with amounts unpaid for various assessment years, and disputes pending before the Income Tax Appellate Tribunal and Customs, Excise & Service Tax Appellate Tribunal.
The company has unpaid dues under various statutes including Income Tax Act, Service Tax, Customs Act, and Employees’ State Insurance Act, with amounts ranging from Rs. 700.86 lakhs to Rs. 1,369.11 lakhs, and disputes pending before various authorities like Commissioner of Income Tax (Appeals), Income Tax Appellate Tribunal, and Customs, Excise & Service Tax Appellate Tribunal.
Management & Board Governance
1 occurrenceEarlier (1-3 years ago)
The company had insufficient independent directors on its board from May 2, 2024, and no independent directors from November 22, 2024, violating CG Guidelines for CPSEs. It also lacked a duly constituted Audit Committee and Nomination and Remuneration Committee as required by the guidelines from November 22, 2024.