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Cochin Shipyard Ltd

NSE: COCHINSHIPF&O
₹1,167.10
−₹59.40 (−4.84%)
NSE · 21 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹32,854 Cr
CMP
₹1,167.10
52-wk High / Low
₹1,864 / 1,150
P/E
48.3
P/B
5.6
Book Value
₹223.0
Div Yield
0.72%
ROCE
16.0%
ROE
12.5%
Face Value
₹5
D/E
0.28

Price−35.0% over 1Y

āagman read

Computed by āagman
Derived from 9 years and 14 quarters of filings. Not reported by the company.
As of 21 Oct 2026
How we compute these
Piotroski F-Score
2
/ 9
2 of 9 F-score tests passed
Graham Number
₹360
√(22.5 × EPS × book value per share)
ROIC
6.7%
vs 12.3% sector median
Cash flow to profit
−1.72
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−490
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
8.2%
ROE × earnings retention ratio
ROE stability
3.1
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −4.58FII +0.24DII +4.30
Latest quarter vs the previous one
Cash-accrual divergence
14.0%
of assets
Low = accruals track cash flow
Strengths
Watch-outs
−Latest ROCE of 16% trails the sector median of 20%
−Price trades below its 200-day moving average (0.8x)
−Price is 37.4% below its 52-week high
−Promoter holding fell by 4.6pp over the last year
−Piotroski F-Score of 2/9 is in the weak band (≤3)
−Balance-sheet accruals of 14.0% of average assets — earnings are not cash-backed

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales4761,0121,0561,2867711,1431,1481,7581,0691,1191,3501,4841,094
Expenses3978217469985949469101,4928271,0451,1641,175901
Operating Profit7919131028817719723726624174187310193
OPM %16.6%18.9%29.4%22.4%23.0%17.2%20.6%15.1%22.5%6.6%13.9%20.9%17.6%
Other Income848958808410147157541277115767
Interest910877911121220283225
Depreciation17192019192632273431333232
Profit before tax137251340342236263242384250150197403202
Net Profit99182244259174189177287188108145276151
EPS (₹)3.756.909.299.846.627.186.7310.927.144.095.5010.515.76

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 9 years + TTM
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,3552,9663,4222,8193,1912,3653,8304,8205,0225,047
Expenses1,8912,3942,7112,0962,5642,1032,9493,9254,1904,284
Operating Profit465571711723627262882895831763
OPM %19.7%19.3%20.8%25.6%19.6%11.1%23.0%18.6%16.5%15.1%
Other Income189226245203260269310389409423
Interest1215505853434655111106
Depreciation38344960686975103130128
Profit before tax6047488588087664181,0711,125999952
Net Profit396478632609564305783827717680
EPS (₹)14.5818.1724.0223.1321.4411.5829.7731.4527.2425.86

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital136132132132132132132132132—
Reserves3,1203,1973,5913,9024,2624,2964,8725,4485,741—
Borrowings1231231235405545875025601,672—
Other Liabilities2,1091,7992,5652,9763,4675,0066,5317,2536,986—
Total Liabilities5,4875,2516,4117,5498,41410,02112,03713,39314,531—
Fixed Assets3493767648679709539683,0473,164—
CWIP1213427991,1761,2641,6192,196516587—
Investments00000000113—
Other Assets5,0174,5324,8485,5066,1807,4498,8739,83010,667—
Total Assets5,4875,2516,4117,5498,41410,02112,03713,39314,531—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity631−4512537101,3981,889−172−284−1,234
Cash from Investing Activity−1,3121,074−97−443−1,007−35481538327
Cash from Financing Activity812−409−309−405−239−276−371−243696
Net Cash Flow131214−154−1381521,578−6210−211

Ratios

As of 31 Mar 2026
9 periods
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—22.025.020.017.08.021.020.016.0
ROE %————————12.5
EPS (₹)14.5818.1724.0223.1321.4411.5829.7731.4525.86
Book Value (₹)————————223.0
Face Value (₹)————————5
P/E————————48.3
Div Yield %————————0.72
NPM %15.615.017.220.216.311.618.915.913.2
OPM %20.019.021.026.020.011.023.019.017.0
D/E0.040.040.030.130.130.130.100.100.28
P/B————————5.6

Growth

As of 18 Oct 2026
Compounded sales growth
5 years+12.0%
3 years+29.0%
TTM−1.0%
Compounded profit growth
5 years+4.0%
3 years+40.0%
TTM−19.0%
Stock price CAGR
5 years+47.0%
3 years+35.0%
Last year−30.0%
Return on equity
5 years13.0%
3 years15.0%
Last year13.0%

Shareholding pattern

As of 30 Sep 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters75.00%75.00%72.86%72.86%72.86%72.86%67.91%67.91%67.91%67.91%67.91%67.91%67.91%63.33%
FIIs3.46%3.46%4.11%5.23%4.94%3.84%2.91%2.88%3.87%3.22%2.74%3.10%2.83%3.07%
DIIs11.11%11.11%2.20%2.45%2.50%3.00%6.63%6.82%6.33%6.48%6.47%6.05%6.96%11.26%
Government——————————————
Public10.43%10.43%20.84%19.47%19.71%20.31%22.54%22.39%21.90%22.38%22.88%22.95%22.30%22.34%
No. of shareholders1,69,3291,69,3292,92,2123,96,3276,34,0758,41,9689,81,56710,11,97010,11,54110,03,9309,90,2919,86,1569,66,2939,46,353
Change since Jun 2023 (pp)
Promoters −11.67FIIs −0.39DIIs +0.15Public +11.91

Documents

As of 18 Oct 2026
Announcements
Disclosure Under Regulation 30 Of SEBI LODR Regulations - ESG RatingRumour verification - Regulation 30(11)Hooghly-CSL, A Wholly Owned Subsidiary Of CSL, Secured A Notable* Order From A Domestic Client For Construction Of Two Luxury River Cruise VesselsAnnouncement under Regulation 30 (LODR)-Newspaper PublicationCompliances-Half Yearly Report (SEBI Circular No. CIR/IMD/DF-1/67/2017)
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Sep 2026TranscriptSep 2026PPTSep 2026RecordingAug 2025TranscriptAug 2025PPTAug 2025RecordingSep 2024PPTJun 2024TranscriptJun 2024PPTFeb 2024Transcript

Corporate actions

As of 18 Sep 2026
18 Sep 2026DIVIDENDDividend - Rs 1.5 Per Share—
3 Feb 2026DIVIDENDInterim Dividend - Rs 3.50 Per Share—
18 Nov 2025DIVIDENDInterim Dividend - Rs 4 Per Share—
12 Sep 2025DIVIDENDDividend - Rs 2.25 Per Share—
12 Feb 2025DIVIDENDInterim Dividend - Rs 3.50 Per Share—
19 Nov 2024DIVIDENDInterim Dividend - Rs 4 Per Share—
23 Sep 2024DIVIDENDAnnual General Meeting/Dividend - Rs 2.25 Per Share—
12 Feb 2024DIVIDENDInterim Dividend - Rs 3.50 Per Share—
10 Jan 2024SPLITFace Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share10 : 5
20 Nov 2023DIVIDENDInterim Dividend - Rs 8 Per Share—
21 Sep 2023DIVIDENDAnnual General Meeting/Dividend - Rs 3 Per Share—
22 Feb 2023DIVIDENDInterim Dividend - Rs 7 Per Share—
21 Nov 2022DIVIDENDInterim Dividend - Rs 7 Per Share—
21 Sep 2022DIVIDENDAnnual General Meeting/Dividend - Rs 3.75 Per Share—
21 Feb 2022DIVIDENDInterim Dividend - Rs 7 Per Share—
23 Nov 2021DIVIDEND Interim Dividend - Rs 6 Per Share—
21 Sep 2021DIVIDEND Annual General Meeting/Dividend - Rs 2.50 Per Share—
23 Feb 2021DIVIDEND Interim Dividend - Rs 4 Per Share—
13 Jan 2021DIVIDEND Interim Dividend - Rs 9.00 Per Share—
21 Sep 2020DIVIDEND Annual General Meeting/Dividend - Rs 15 Per Share—
21 Nov 2019DIVIDEND Interim Dividend - Rs 1.63 Per Share—
5 Aug 2019DIVIDEND Annual General Meeting/Dividend - Rs 13 Per Share—
6 Aug 2018DIVIDEND Dividend- Rs 12 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges.© 2026 āagman