Cochin Shipyard Ltd

Date 21.08.2025
Cochin Shipyard
Timeframe : Day Chart

Company Overview

(1) Into shipbuilding (Defence, Commercial & Offshore), Ship repair, Marine Engineering Training and Strategic & Advanced Solutions.

(2) It has built and delivered 21 large vessels, 35 offshore support vessels, 93 small & medium vessels and 31 defence vessels

(3) Company is working on Zero emission Green Vessels including H2 Fuel Cell Vessel


Business Segment

(1) Ship Building 72%
(2) Ship Repair 28%

Order Book

(1) Order book stood at 21500 Cr
(2) 52% of the order book is for Green Vessels

The breakup of book is-

(1) Defense- 16064 Cr (78%)
(2) Commercial Domestic- 1260 Cr (6%)
(3) Commercial Export- 2668 Cr (13%)
(4) Subsidiaries- 696 Cr (3%)
(5) Ship Repair orders worth Rs 700 Cr
(6) The order pipeline stood at 9000 Cr

Capacity

(1) It has infrastructure that construct ships weighing up to 1.1 lakhs DWT as well as repair of ships weighing up to 1.25 lakhs DWT

(2) Located in Kochi, Kerala. Apart from this it has ship repair facilities in Mumbai, Kolkata, Andaman & Nicobar , Udupi and Howrah

Capacity Expansion

(1) International Ship Repair Facility (ISRF) costing Rs. 970 Cr with capacity of 6000T

(2) New Dry Dock costing Rs. 1799 Cr with capacity up to 70,000T

Valuations

(1) Market Cap = ₹ 44,900 Cr
(2) Stock P/E = 52.8
(3) ROCE = 20.1 %
(4) ROE = 15.8 %
(5) Book Value = 8X
(6) OPM = 20%
(7) Sales Growth = 22%
(8) Promoters = 68%
(9) DII = 6.33%
(10) FII = 3.87%

Regards,
Ankur