Cochin Shipyard logo

Cochin Shipyard share price

NSE: COCHINSHIPBSE: 540678Industrial ManufacturingMid Cap

Cochin Shipyard Limited · Face value ₹5 · Listed Aug 2017 · Issue price ₹432
Last close ₹1,155.80up ₹25.90 (2.29%)BSE ₹1,155.00

Share price at the NSE close on 29 Oct 2026. Previous close ₹1,129.90.

29 Oct: open ₹1,130.40, high ₹1,157.00, low ₹1,124.60

52-week range of traded prices to 29 Oct 2026
₹1,101.20Low, 27 Oct 2026₹1,842.80High, 8 May 2026
Market cap
₹30,407 Cr225th largest listed
P/E
44.71
P/B
5.18
Dividend yield
0.78%
ROE
11.9%
ROCE
9.1%
Debt to equity
0.19
Volume, NSE
5,02,70238.8% delivered

Cochin Shipyard share price chart

Daily closes since Aug 2017, adjusted for splits and bonuses

−35.9%over a year · Nifty 500 −8.4%

Results20-session average 8,50,804 shares a day, 39.9% delivered

About Cochin Shipyard

Cochin Shipyard Limited designs, builds, repairs and upgrades ships for defence, commercial and offshore customers from its main yard in Kochi, Kerala, and exports vessels to Europe, North America and the Middle East.12 Its range runs from aircraft carriers and anti-submarine warfare craft to tankers, tugs, dredgers and electric passenger ferries.34 It also repairs ships at units in Mumbai, Kolkata and the Andaman and Nicobar Islands.5

It reports 2 business segments, shipbuilding and ship repair, and also runs a marine engineering training institute and a technology unit, CSL Strategic & Advanced Solutions, which works on autonomous vessels.678 It built INS Vikrant, India's first indigenous aircraft carrier.1 Its 2 subsidiaries are Hooghly Cochin Shipyard Limited in Howrah, West Bengal, which builds inland and coastal vessels, and Udupi Cochin Shipyard Limited in Udupi, Karnataka, which builds small and mid-sized vessels.910

It was incorporated in 1972 and has been listed on BSE and NSE since August 2017.1112 Hooghly Cochin Shipyard has been wholly owned since 1 Nov 2019, and Udupi Cochin Shipyard since its acquisition through an insolvency resolution process on 15 Sep 2020.9 It is a central public sector enterprise (a company controlled by the central government) under the Ministry of Ports, Shipping and Waterways, and the Government of India held 63.33% of its shares, its presentation of 10 Sep 2026 shows.1312

Cochin Shipyard key points

Results

  • In the quarter to Jun 2026, turnover was ₹1,094.21 crore against ₹1,068.59 crore a year earlier, and profit after tax ₹151.45 crore against ₹187.82 crore, the company said on its call.14
  • The EBITDA margin (earnings before interest, tax, depreciation and amortisation, as a share of turnover), including interest income, was around 24% in the quarter to Jun 2026.1415
  • In the year to Mar 2026, consolidated turnover was ₹5,022 crore against ₹4,820 crore a year earlier, and profit after tax ₹717 crore against ₹827 crore.16
  • On 18 Feb 2026, CMA CGM ordered 6 LNG (liquefied natural gas)-fuelled container vessels from Cochin Shipyard, the first LNG vessel order by a major international carrier with an Indian shipyard, the company says.17

Business segments

  • Consolidated revenue by segment1819
    Itemyear to Mar 2026year to Mar 2025
    Shipbuilding₹3,366 crore₹2,955 crore
    Ship repair₹1,656 crore₹1,865 crore
  • Ship repair. Ship repair covers maintenance, refits and conversions; the company puts its share of India's ship repair market at about 45% and says it is the only yard in India undertaking aircraft carrier repairs.2021
  • In the year to Mar 2026, 2 customers accounted for 47.19% of consolidated shipbuilding revenue, and 2 customers for 60.88% of ship repair revenue.22

Where revenue comes from

  • Consolidated revenue from export orders was ₹1,56,522.58 lakh in the year to Mar 2026, against ₹72,826.99 lakh a year earlier.23

Plants and capacity

  • Kochi main yard. The Kochi yard has 3 dry docks; the newest, 310 metres long and built for ₹1,799 crore, can take aircraft carriers of up to 70,000 tonnes displacement and jack-up rigs (movable offshore drilling platforms).2425
  • International Ship Repair Facility, Kochi. Built for ₹970 crore, it has a 6,000-tonne ship lift, 6 workstations and yearly capacity of up to 82 ships; it reported revenue of ₹207.33 crore and undertook around 35 refits in the year to Mar 2026.26

Order book

  • On its earnings call of 10 Sep 2026, the company put its unexecuted order book (orders received but not yet delivered) at around ₹22,000 crore.27
  • Cochin Shipyard's standalone order book by type, end of March 202628
    Itemyear to Mar 2026
    Defence, 12 vessels₹12,150 crore
    Commercial export, 23 vessels₹6,025 crore
    Commercial domestic, 16 vessels₹725 crore
    Around 90% of the commercial order book is export orders and around 40% is green vessels (ships built to cut emissions).
  • On its earnings call of 10 Sep 2026, the company said it was the lowest bidder for 5 next-generation survey vessels for the Indian Navy, worth about ₹5,000 crore, expects the contract around November, taking the order book to around ₹27,000 crore.2930

Expansion and capital spending

  • The company stated in its annual report for the year to Mar 2026 that it is developing a second ship repair cluster at Vadinar, Gujarat, costing ₹1,570 crore, about ₹920 crore its own; on 10 Sep 2026 it expected environmental clearance shortly.3132
  • On its earnings call of 10 Sep 2026, the company said it won an auction for a 30-year lease of about 110 acres of land and 17.29 acres of waterfront at Tuticorin for ₹305.76 crore, for a shipbuilding and repair yard.33
  • On its earnings call of 10 Sep 2026, the company said it plans its own block fabrication facility (where hull sections are made) at Vallarpadam, Kochi, of about 60,000 tonnes a year, in addition to about 12,000 tonnes at its main yard.3234

What the company expects

  • On its earnings call of 10 Sep 2026, the company said it guides for revenue growth of around 12% a year and a blended EBITDA margin of around 14%.30
  • On its earnings call of 10 Sep 2026, the company said it targets around 10 vessel deliveries in the year to Mar 2027 and expects cash flow to be positive that year, as European customers pay around 70% on delivery.3536

Recent events

  • On 9 Oct 2026, the subsidiary Hooghly Cochin Shipyard won a repeat order from Heritage River Journeys for 2 luxury river cruise vessels, due for delivery by June 2029 and June 2030.37
  • On 24 Sep 2026, Cochin Shipyard agreed to buy 23% of Conoship International Holding B.V., a Dutch ship design company, for €2.30 million in cash, to enter European coastal shipping.383940
  • On 11 Sep 2026, Cochin Shipyard signed a 50:50 joint venture agreement with Drydocks World Dubai, a DP World company, to own and run its International Ship Repair Facility, to be transferred for at least ₹1,800 crore, subject to port, government and shareholder approval.414243
  • On 27 Aug 2026, Cochin Shipyard disclosed fines of ₹9,66,420 from each stock exchange for too few independent directors and incomplete audit and nomination committees in the quarter to Jun 2026; both committees were constituted after a director's appointment on 17 Aug 2026.4445

Last updated

All 45 sources, each with its page
  1. 1. Annual report, 4 Sep 2026, page 4
  2. 2. Annual report, 4 Sep 2026, page 15
  3. 3. Annual report, 4 Sep 2026, page 12
  4. 4. Annual report, 4 Sep 2026, page 13
  5. 5. Annual report, 4 Sep 2026, page 84
  6. 6. Annual report, 4 Sep 2026, page 371
  7. 7. Annual report, 4 Sep 2026, page 14
  8. 8. Annual report, 4 Sep 2026, page 8
  9. 9. Annual report, 4 Sep 2026, page 87
  10. 10. Annual report, 4 Sep 2026, page 16
  11. 11. Annual report, 4 Sep 2026, page 94
  12. 12. Investor presentation, 10 Sep 2026, page 7
  13. 13. Annual report, 4 Sep 2026, page 4
  14. 14. Earnings call, 10 Sep 2026, page 3
  15. 15. Earnings call, 10 Sep 2026, page 15
  16. 16. Annual report, 4 Sep 2026, page 8
  17. 17. Annual report, 4 Sep 2026, page 7
  18. 18. Annual report, 4 Sep 2026, page 8
  19. 19. Annual report, 4 Sep 2026, page 12
  20. 20. Annual report, 4 Sep 2026, page 13
  21. 21. Investor presentation, 10 Sep 2026, page 19
  22. 22. Annual report, 4 Sep 2026, page 371
  23. 23. Annual report, 4 Sep 2026, page 371
  24. 24. Annual report, 4 Sep 2026, page 15
  25. 25. Annual report, 4 Sep 2026, page 17
  26. 26. Annual report, 4 Sep 2026, page 30
  27. 27. Earnings call, 10 Sep 2026, page 6
  28. 28. Annual report, 4 Sep 2026, page 106
  29. 29. Earnings call, 10 Sep 2026, page 6
  30. 30. Earnings call, 10 Sep 2026, page 14
  31. 31. Annual report, 4 Sep 2026, page 10
  32. 32. Earnings call, 10 Sep 2026, page 5
  33. 33. Earnings call, 10 Sep 2026, page 5
  34. 34. Earnings call, 10 Sep 2026, page 10
  35. 35. Earnings call, 10 Sep 2026, page 11
  36. 36. Earnings call, 10 Sep 2026, page 12
  37. 37. Exchange filing, 9 Oct 2026, page 1
  38. 38. Exchange filing, 24 Sep 2026, page 1
  39. 39. Annual report, 4 Sep 2026, page 32
  40. 40. Exchange filing, 24 Sep 2026, page 3
  41. 41. Exchange filing, 11 Sep 2026, page 1
  42. 42. Exchange filing, 9 Sep 2026, page 2
  43. 43. Exchange filing, 9 Sep 2026, page 3
  44. 44. Exchange filing, 27 Aug 2026, page 1
  45. 45. Exchange filing, 27 Aug 2026, page 2

Results

Consolidated; ₹ crore.Cochin Shipyard quarterly results

Revenue growth, 12 months
−1.4%
Net profit growth, 12 months
−19.1%

Quarter to Jun 2026, against the quarter before

Revenue
₹1,094 Crdown 26.28%
Net profit
₹151 Crdown 45.22%
Net margin
13.8%

Revenue by quarter

₹1,143 CrSep 24₹1,148 CrDec 24₹1,758 CrMar 25₹1,069 CrJun 25₹1,119 CrSep 25₹1,350 CrDec 25₹1,484 CrMar 26₹1,094 CrJun 26
Peak revenue ₹1,758 Cr, quarter to Mar 2025; lowest ₹1,069 Cr, quarter to Jun 2025

Net profit by quarter, a loss in red

₹189 CrSep 24₹177 CrDec 24₹287 CrMar 25₹188 CrJun 25₹108 CrSep 25₹145 CrDec 25₹276 CrMar 26₹151 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue1,1431,1481,7581,0691,1191,3501,4841,094
Net profit189177287188108145276151
Net margin16.5%15.4%16.3%17.6%9.6%10.7%18.6%13.8%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Ship building₹3,366 Crup 13.88%67.0%
  • Ship Repair₹1,656 Crdown 11.17%33.0%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.Cochin Shipyard PE ratio and valuation

Price to earnings

At or below today's level on 68% of 2,082 trading days since Jun 2018.

LowestHighest
Its median11.91Industry median27.22
Price to book

At or below today's level on 68% of 1,981 trading days since Nov 2018.

LowestHighest
Its median1.55Industry median2.70
Dividend yield

At or below today's level on 38% of 2,243 trading days since Oct 2017.

LowestHighest
Its median2.90%Industry median0.43%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−14.5%−13.4%−2.2%0.8%
3 years+72.0%+33.0%+28.7%0.9%
5 years+47.2%+3.3%+40.2%2.4%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2023.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Cochin Shipyard shareholding pattern

Shareholding by group

  • Promoters63.33%
  • Foreign institutions3.07%
  • Indian institutions11.25%
  • Individuals and others22.34%
Holder
The President of IndiaPromoter63.33%
Life Insurance Corporation of IndiaInsurance companies4.56%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters −4.58 pts, foreign institutions +0.24 pts, Indian institutions +4.29 pts, mutual funds +2.51 pts.

Mutual fund holdings

113 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 78 of the 90 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 113 funds holding Cochin Shipyard

Bought for the first time
1
Added
74
Cut
16
Held unchanged
21
Sold out
15
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 30 Oct 2025.Cochin Shipyard insider trading

Bought on the market Sold on the market
  • Promoters and promoter group0 purchases, 1 saleNo purchase₹1,713 CrNet−₹1,713 Cr
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Cochin Shipyard competitors and peers

Industrial Manufacturing, 201 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Cochin Shipyard in market cap.Capital goods stocks

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Mazagon Dock Shipbuilders logoMazagon Dock ShipbuildersMAZDOCK71,104–6.80+8.1%––17.2%1.03%
INDO-MIMINDOMIM58,260––––––0.00%
Aditya Infotech logoAditya InfotechCPPLUS48,458101.3225.82––25.5%32.7%0.04%
Syrma SGS Technology logoSyrma SGS TechnologySYRMA32,25086.9611.27+53.0%+85.2%16.1%15.3%0.09%
Zetwerk Manufacturing Businesses logoZetwerk Manufacturing BusinessesZETWERK27,781––––––0.00%
Honeywell Automation India logoHoneywell Automation IndiaHONAUT26,97547.725.78+5.3%+9.5%12.8%13.0%0.36%
Jyoti CNC Automation logoJyoti CNC AutomationJYOTICNC21,75867.6310.87+17.4%−4.4%17.4%16.9%0.00%
Kaynes Technology India logoKaynes Technology IndiaKAYNES21,42762.004.51+34.9%+8.7%9.1%8.5%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Cochin Shipyard dividend history

Dividend per share, ₹, restated for later splits and bonuses

6Mar 186.5Mar 198.3Mar 207.8Mar 218.4Mar 228.5Mar 239.8Mar 249.8Mar 259Mar 26
Highest ₹9.75 a share, years to Mar 2024 and Mar 2025.
Ex-dateTypePer share
18 Sep 2026Final₹1.50
3 Feb 2026Interim₹3.50
18 Nov 2025Interim₹4.00
12 Sep 2025Final₹2.25
12 Feb 2025Interim₹3.50
19 Nov 2024Interim₹4.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Cochin Shipyard announcements

Cochin Shipyard share price by year

Each calendar year to 2025.Cochin Shipyard share price history

YearClose at year endChangeHighest closeLowest close
20251,620.10+5.3%2,392.501,216.35
20241,538.75+127.3%2,863.60646.83
2023676.98+153.4%687.25207.00
2022267.13+49.9%338.75142.38
2021178.15−4.4%209.53164.55
2020186.28−7.5%219.93108.00
2019201.43+7.7%207.00164.63
2018187.03−32.2%279.70179.23
2017276.05–289.85252.13
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2017 is from its first session, 11 Aug 2017.

Recent sessions

The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
28 Oct 20261,118.201,135.901,112.601,129.901,125.854,86,32031.6%
27 Oct 20261,143.001,156.501,101.201,123.501,136.7810,96,78737.6%
26 Oct 20261,129.001,150.901,120.001,133.901,136.846,87,28728.0%
23 Oct 20261,163.901,164.101,126.701,139.901,139.297,59,37642.7%
22 Oct 20261,156.601,184.001,146.301,163.901,163.9110,34,85835.0%
21 Oct 20261,231.901,234.901,150.101,167.101,175.1815,48,75852.9%
19 Oct 20261,248.801,249.401,222.001,226.501,233.622,94,42347.1%
16 Oct 20261,254.001,262.501,246.101,248.801,252.274,32,39245.1%
15 Oct 20261,250.701,263.701,238.301,254.001,254.794,99,34335.7%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
10 Jan 2024Split0.5000Each share became 2.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Chairperson and managing director
VALIYAPARAMBIL JACOB JOSE
At the end of the quarter to Sep 2026
NSE symbol
COCHINSHIP
BSE code
540678
ISIN
INE704P01025
Industry
Industrial Manufacturing
CIN
L63032KL1972GOI002414
Corporate identity number, the registrar of companies' code for it
Incorporated
1972
Registered office
Administrative Building,, Cochin Shipyard Premises, Perumanoor, Kochi 682015, Kerala
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments